Posted by Jonathan J. Miller -Wednesday, July 5, 2006, 12:05 AM
An article I recently wrote on the penthouse market, Penthouse Living: On Top of the World, appears in the July-August edition of New York Living. I have been writing for them periodically for the past 4 years.
The magazine contains a lot more than pretty pictures (and there are a lot of those). There’s great information on various types of residences in the New York market and region, especially concerning luxury and new development.
For urbanites, its safe to say that many aspire to be on top of things, and that goes for their apartments. Penthouses seem to fit the bill, but also, how is a penthouse apartment defined? The term â€œpenthouseâ€ as a marketing label, implies exclusivity, cache and uniqueness, yet as an apartment type, its definition remains elusive. Besides their â€œelevatedâ€ status at or near the top of a building, penthouses tend to be uniquely configured, have open views, outdoor space and other unique amenities which may include above-average ceiling height, multi-level configurations and fireplaces…