Excess amenities fade from new developments

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The days of residential developments with bowling alleys and pet spas are coming to an end, as new developers cater to buyers who don’t want to pay more for unnecessary amenities. The Upper East Side condominium Georgica, which hit the market two weeks ago, only features a gym, a children’s playroom and a roof garden. “Instead of having bloated common charges and having to charge more for the units, we wanted to come up with something that was a really good value,” the managing director of the Prudential Douglas Elliman Development Marketing Group, Andrew Gerringer told the New York Sun. 

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