Friday 27 July 2018

Why penthouses are becoming less exclusive

Exclusive penthouses just aren’t what they used to be. Although the top floors of high-rise buildings have typically been reserved for their largest and priciest apartments, at several new buildings, the space is instead being used for shared amenities like restaurants, lounges and pools, according to the New York Times. Developers are betting that the switch will add value for the whole building despite lowering the value of the individual penthouse space. The shared amenities […]



source https://therealdeal.com/2018/07/27/why-penthouses-are-becoming-less-exclusive/

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