New York City rental markets continue to command high rents. The average rent in Chelsea is $4,468.00 per month, which is a year-over-year percentage change, increased by 5.1, in accordance with Citi Habitats data from November 2012. Moreover, in accordance with the Douglas Elliman market report, the median rental price of a Manhattan apartment in April 2013 was $3,195 per month, up 6.5 percent. Chelsea is a great place to live in a luxury rental apartment. In accordance with Citi Habitats, the median rent of a Manhattan luxury unit is $8,400.00 per month.
In Chelsea, what do rich people and celebrities do? Well, Nicole Kidman and Keith Urban enjoy the luxury of a “sky garage” that whisks residents cars right up to their front door. In Chelsea, people like nightlife and entertainment at Amnesia, which is a 7,000 square-foot Vegas-like club featuring celebrity D.J.’s, fire performers, and aerialists. But, as a resident you can enjoy the nightlife at the bars and clubs and the scene is cool and hip, the energy is palpable and the pulse is rapid, right outside of your front door.
West Chelsea has the greatest galleries in the world and is the heart of the club scene. But, also have The Ohm, which is an new luxury rental development at 312 Eleventh Avenue in West Chelsea; Chelsea Park at 260 West 26th Street, a new rental apartment building, with a club that features one of downtown’s largest green landscaped and fully furnished roof deck areas with panoramic views of New York City. In addition, The Capitol at Chelsea, which is at 55 West 26th Street, is another rental apartment building that offers full-service concierge, fitness center, spectacular sundeck, laundry room and is pet-friendly.