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Manhattan (New York County)
Gramercy Park
About Gramercy Park
"Stable" is the word most often used to describe Gramercy's real estate. And if area homeowners aren't lucky (read: rich) enough to own a key to Gramercy Park -- Manhattan's only private park -- then at least they can congratulate themselves on making a wise investment.
Gramercy, which sits within striking distance of more happening downtown nabes as well as Midtown, has everything from charming brownstones to boxy post-war behemoths. To the north, large rental buildings draw a vanilla crowd of recent college grads; prices rise the closer you get to the park but fall as you head east toward the Queens-Midtown Tunnel. The ornate single-family homes along the park are among the city's finest addresses. However, like elsewhere in Manhattan, new construction is challenging the status quo. At 50 Gramercy Park North, Ian Schrager's condos at the Gramercy Park Hotel, modern luxury and hotel conveniences are offered -- along with that coveted park key -- and prices, naturally, reach more than $3,000 a square foot. Elsewhere in the neighborhood, more attainable new construction can be found on a decidedly unsexy block of 23rd St. between First and Second avenues: Gramercy -- a 207-unit condo designed, inside and out, by Phillipe Starck -- offers modern apartments for about $1,200 a square foot.Stories about Gramercy Park
GRAMERCY
$1.899 MILLION
October 02, 2008 -
Bedrooms: 2 Bathrooms: 2 1/2 Square feet: 1,266 Common charges: $1,063 -- This renovated Park Avenue South condo with "designer touches" features north and east exposures that "...more >
GRAMERCY
$779,000
September 18, 2008 -
Bedrooms: 1 Bathrooms: 1 Square feet: 760 Maintenance: 1,104 -- Sometimes great views and a great location come together. This floor-through co-op on East 15th Street offers a balcony that...more >
PHILIPPE'IN OUT
THE WORLD ACCORDING TO STARCK
September 18, 2008 -
Entering a Philippe Starck-designed building is not unlike falling down a rabbit hole and waking up to find yourself in Wonderland. At 15 Broad St., a 382-unit condo building in the Financial...more >
TAKE 5
PRICEY DOWNTOWN NEWCOMERS HAVE GREAT EXPECTATIONS
August 28, 2008 -
Blip, what blip? Forget the rest of the housing market, the developers of the most luxurious product in Manhattan are still living in their own little "We're not affected" bubble. A...more >
GRAMERCY
$1.7 MILLION
June 26, 2008 -
Bedrooms: 2 Bathrooms: 2 Square feet: 1,224 Common charges: $456 -- You'll feel like anything but a prisoner in this Second Avenue duplex condo that was "fully renovated" in 2007...more >
GRAMERCY PARK
$6.975 MILLION
June 26, 2008 -
When Ian Schrager recently remade the Gramercy Park Hotel, he knew that plenty of people would want to live there. So he created the condo residences at 50 Gramercy Park North, where you'll...more >
NEW YORKERS DEAL WITH THE CRUNCH
May 15, 2008 -
FEEL THE CRUNCH In recent years, New York real estate could for the most part be summed up thusly: Person buys apartment, person sees apartment's value go through the roof, person sells...more >
Home Sales Statistics for Gramercy Park |
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Gramercy Park Housing Statistics | |
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| Median Years in Residence | 2.9 Years |
| Households with Children | 12% |
| Households with No Children | 88% |
Gramercy Park Demographics |
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Schools in Gramercy Park |
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Harvey Milk High School