The hot new amenity that NYC developers are building into their plans for luxury apartment buildings is a porte-cochère, aka a fancy driveway. In fact, in Manhattan an opulent private drive may actually add more value to a new property than using that same real estate for additional living space. Then again, why choose! From Bloomberg:
The trend towards motor courts has accelerated notably in the last two years, according to Kent Security’s Alon Alexander, who has seen a major uptick in inquiries from luxury developers on how best to incorporate the feature in an architectural brief. They’re driven, of course, by twin concerns: privacy and security.
There’s also a less concrete allure to motor courts: in a city where developers want to wring maximum value from every square foot, there’s an extravagance in leaving such a large space empty. It tacitly telegraphs a developer’s largesse and indulgence, at least according to Alon Alexander’s twin brother, Oren. He is a sales executive for 565 Broome. “A regular developer might squeeze a retail site, or extra amenities like a larger lobby, from that space but a driveway is the definition of luxury,” Oren says by cellphone, “It’s space where you don’t typically get it.” Jasmine Mir, CMO of Corcoran Sunshine, puts its more simply. “Buying a penthouse at the top of a building is one thing, but the sense of extravagance and luxury associated with having space at street level in a congested place like New York? It gives an amazing sense of wow! to any arrival, a real grandeur,” she says by phone from her office.
"New York’s Latest Must-Have Luxury Apartment Craze Is Driveways"
Donald Trump’s former Chief of Staff John Kelly today confirmed that Trump was lying when he said he demanded the resignation of former defense secretary Jim Mattis.
Former Chairman of Joint Chiefs of Staff Mike Mullen said today in an interview with ABC News anchor Martha Raddatz, “We are at an inflection point, and the events of the past few weeks have made it impossible to remain silent.”
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