AN AMENITIES ARMS RACE?


Posted by Leonard Steinberg on June 18th, 2014

Last night at Ian Schrager’s spectacular presentation in his immaculate penthouse at 40 Bond Street for his new building 215 CHRYSTIE above the PUBLIC HOTEL in the Lower East Side, he made a statement that I think was noteworthy: in describing his building he said the building was not simply about amenities and that he did not want to compete in the “AMENITIES ARMS RACE”, referring to some New York buildings excessive focus on amenities that sometimes outshine the quality of apartments and architecture in the building. Brilliant!