The effects of the global coronavirus pandemic have shifted the way we interact with our home spaces- and the way we search for new homes. The things we need for a comfortable home are different now than they were even one short year ago.
While it may seem like now is a complicated time to search for a new place, today is in fact the best time to rent a luxury apartment in New York. Landlords are trying to keep their properties occupied, so you as the renter will have access to greater benefits and amenities than before.
There are definitely specifics you should keep in mind as you begin your search. Even while viewing apartments remotely, you should be able to tell a lot from speaking with the letting agent and showing up prepared. If you know precisely what you are looking for, you will be able to recognize it more easily when you find it.
So let’s take a look at three things to consider when checking out luxury apartments during a pandemic.
1. Healthy Atmosphere
Does your luxury apartment have plenty of big windows with ample natural lighting? What about indoor/outdoor spaces? Do you have access to a rooftop terrace? What about balconies?
Your luxury apartment today should include access to private outdoor spaces. Private outdoor spaces allow you to entertain guests safely in warm weather seasons, even- and especially- during a pandemic. Rooftop swimming pools can serve as relaxation havens from the hustle and bustle of the city below and double as event spaces for practicing safe social distancing.
Whether you desire an expansive outdoor area, or an intimate balcony setting (or both), remember to decorate in a way that elicits the greatest sense of comfort. If your apartment comes pre-furnished, decide whether you would feel comfortable lounging on the furniture that’s available there. If not, invest in chaise lounges and outdoor armchairs that create a sophisticated, tranquil outdoor ambience.
The indoor spaces of your prospective new luxury apartment should also come equipped with top of the line high quality air purification and temperature regulating systems. Is there a hand-washing station within easy access of your front door? To reach the apartment, will you be required to touch many doorhandles and other shared surfaces? Look for an apartment that offers a health-forward atmosphere, with minimal communal contact spaces on physical surfaces.
2. Quality Features
Does the luxury apartment you are viewing really fall under the category of “luxury”? One way to tell is to investigate the features the apartment offers. Choose areas of specific interest to you, and go through your checklist of categories one by one for each apartment.
Will you need a high quality remote office? Look for relevant features in your luxury apartment. Check to see whether the apartment is set up with the fastest possible wi-fi connection, smart tech additions like speakers and automated coffee machines, and soundproofing options, so you can keep the city noise out of your video conference calls.
All domestic gadgets in the apartment should be modern and high quality. Washers, dryers, dishwashers, and kitchen appliances should be the best available. What about lighting options? Your apartment should come designed with the most sophisticated lighting solutions. Look for automated lighting with eco-friendly customizable options. You will want your apartment to envelop you in its atmosphere, providing amazing and comfortable services.
And you will want to consider the other features throughout the building as well. Is there a doorman ready to assist you? What about an in-house gym with top quality fitness equipment? With gyms and fitness centers closed, this space may become your primary recourse to staying fit during the pandemic. Check for an attached garage, with high tech security and exclusive remote control access. If you are investing in a new luxury apartment during a pandemic, you will want the amenities and services that accompany it go above and beyond your expectations.
3. New Market Bonuses
The housing market has been faced with a difficult situation. Landlords are struggling to find new tenants to occupy their spaces, and more people are moving away from dense urban areas. What does this mean for you?
It could mean up to three months of free rent on your brand new luxury apartment, as opposed to just one. It could mean wildly reduced rates and greater space for rental fee negotiation. And it could mean special concessions packages that benefit you. As you view potential new luxury apartments, keep in mind what kinds of competitive deals this landlord can offer you. You as the renter should feel empowered knowing that the supply is currently outstripping the demand.
Look in optimal locations that might otherwise be in your dream reach category. Get to know the management and decide whether you will trust them to attend to your needs as a renter. With less competition for each luxury apartment, you have the benefit of being able to choose at your convenience, carefully considering all the factors at play with each option.
These lowered prices and extra bonuses may not last long however. With the vaccine currently being distributed and businesses preparing to re-open, the exodus from big cities and the real estate slowdown may pick back up again. The whole industry timeline remains hard to predict, so you should keep in mind that now is the best time to take advantage of these bonuses.
At the end of the day, you will want your luxury apartment to serve as a setting that provides safety, space, comfort, and ease tin the background of your everyday life. Carefully take into account your needs and priorities. As with any home search or investment, do your research and take your time. Consider the safety and amenity features that will benefit you as the pandemic continues to create waves of uncertainty. Focus on the features that matter most to you- and trust your instinct. When push comes to shove, you will know what you are looking for in a luxury apartment.
[ This disclaimer informs readers that the views, thoughts, and opinions expressed in this text belong solely to the author — Teresa Bennet — and NOT luxuryrentalsnewyork.com OR Array Property Group ]