As the weather heats up, so do real estate sales. We caught up with four experts to learn about the top trending features for luxury properties.
The rooftop terrace of the Alterra Property Group’s newest venture will offer breathtaking panoramic views of the city.
1. Rooftops with City Views
“A top luxury trend for high-end condos and apartments are rooftop terraces with impeccable views and shared ‘community’ spaces. Many of today’s luxury buyers and renters are seeking a residence that goes beyond simply a place to sleep and eat—but also caters to their lifestyle as a whole, including a space where they can socialize with their friends and other residents. Acknowledging this demand from our luxury consumer, ICON will feature a sky deck with panoramic city views, complete with a grilling station, herb garden, and outdoor lounge area with a fireplace.” -Leo Addimando, Managing Partner of Alterra Property Group, LLC
The Residences at The Ritz-Carlton provides top-notch personalized services to residents on a daily basis.
2. Personalized Services
“One [trend] is the strong desire of buyers to receive the highest levels of personalized services on a daily basis so life is simply easier, requires little if any responsibility, and saves time so there’s more time to just enjoy life. When you hear owners at The Residences at The Ritz-Carlton, Philadelphia, respond to what they love about living in their new condominiums, you can’t help but notice their heavy initial emphasis identifying all the exceptional personalized services and pampering by the staff that they absolutely love.” -Craig Spencer, Founder, President, and CEO of The Arden Group
ICON presents amenities like the Vitamin C showerhead as part of their innovative wellness partnership with Delos.
3. Wellness Features
“We are excited to partner with Delos, the architect of the new WELL Building Standard, to provide WELL Signature Residences at ICON for our most health-conscious residents. ICON will be the first luxury rental building in the nation to offer a selection of Delos’ innovative wellness features, including improved indoor air quality, lighting, water quality, visual acuity, aromatherapy, and enhanced emotional well being within the living environment. Delos has also partnered with the Cleveland Clinic to assemble a pioneering list of amenities and features that will benefit our Well Signature residents.” -Kevin Michals, Principal, Cross Properties
1706 Rittenhouse offers homeowners large square footage in an intimate setting.
4. Living in the City Without Sacrificing Space
“The urban lifestyle trend has become hugely desirable among the most privileged buyers. People who can afford to live anywhere are choosing to live in urban residences. It is a lifestyle choice that fits their preferences to dine out, live near friends, and have access to cultural offerings. This particular buyer is also looking for residences that provide not only ample square footage, but also the [same] privacy that is offered from a building that is intimate in scale. 1706 Rittenhouse was based on this concept—that ultra-luxe buyers, spending over $4 million, prefer to live in a building with their peers that caters to their specific needs.” -Tom Scannapieco, Scannapieco Development Corporation
PHOTOGRAPHY COURTESY 1706 RITTENHOUSE SQUARE; DANIEL KONTZ (RESIDENCES AT THE RITZ); ICON (ROOFTOP TERRACE); DELOS WELLNESS REAL ESTATE (SHOWER)