In the business of developing luxury condominiums, it’s vital that we stay on top of the latest trends. We aim to create living spaces that will meet the high expectations of our consumers, while featuring timeless designs and state-of-the-art features.
Each individual has different preferences, but here are some of the luxury trends we’re seeing in today’s industry.
Closets, Closets, Closets
Most people will agree that you can never have enough storage space. Across more than 100 markets, experts found that large closets are a desired amenity for luxury home buyers. In big cities, it’s common for the unit size to limit the space available for larger closets. In cases like this, it may be necessary to include a storage area outside the main unit to meet buyers’ needs.
Having a unique feature in your home is something to be proud of. With many of the projects developed by East River Partners, we’ve been able to restore some historic parts of the home to give them a unique look. For example, facades, stained glass windows and beautiful exposed brick. When building a new property or working with unsalvageable materials, incorporating unique woodworking projects and custom carpentry can really personalize a space.
The Kitchen of Their Dreams
The quality of a home’s kitchen can be a deciding factor for many potential buyers. Common amenities include granite countertops, ample storage, a classy island and plenty of light. The kitchen should also be big enough to meet all cooking or entertaining needs. Because open floor plans are popular, the kitchen often leads right into a large room for entertaining, so it should always be a focal point.
Appliances in the home should be as beautiful as they are functional. In our properties, we often include BOSCH washer and dryers because of their high quality. The refrigerator, dishwasher, and bathroom appliances shouldn’t be overlooked. Energy-efficient appliances are gaining popularity among buyers, but they should still have a design that flows with the rest of the design.
Safety and Privacy
Security is always at the top of a buyer’s list of concerns, especially if they have a family. One way to ensure that potential buyers feel safe in their investment is to develop homes in historically safe neighborhoods. Security systems, fire extinguishers, smoke detectors, and even back-up generators are options for improving the security of a luxury property.
Popular color pallets change from year to year, as do many other design elements. However, the items mentioned above are likely to stay in style for the long haul.