In this modern age, the traditional system of working full time exclusively for one employer is being replaced by a more flexible gig economy. One of the benefits of this shift is a greater sense of personal fulfillment, and this feeling is starting to spill over into the real estate industry. As buyers are looking for spaces that are both liveable and productive. Here are a few locations that will definitely fit both bills.
The opening of the Hudson Yards has brought about a surge in the surrounding area’s real estate value. As more people are moving here to be close to the city’s newest hotspot, this location offers both proximity and most importantly, a productive space. With over 1,727 square feet, there’s enough space to be productive in whatever it is you have to do. The massive living room is the first thing to greet potential tenants. And the southern terrace offers views of both the Hudson Yards complex and the river in which it gets its name. Overall, this is a perfect place for gig employees to be productive while being close to the excitement of the Hudson Yards.
Brian Babst of Douglas Elliman” states how “It’s just easier to work from home. Especially for people like architects, therapists, writers, solo traders, 1-man hedge funds -- anything where concentration and creativity is required. Live/work buildings provide the ideal scenario for these independent workers. We see a ton of Bloomberg terminals in the 2nd bedrooms of bachelor pads. But the proverbial violin instructor is important too. Buildings like the Armory with their concrete-slab industrial pasts provide ideal self-contained “practice rooms” for musicians, dancers, and other kinds of studios.”
This loft building from 1907 comes with 11 floors and is zoned as a LIVE/WORK building. Each of the floors, which is serviced by a privately-keyed elevator, is a grand space that’s perfect for both work and leisure. They have been fully renovated with an fully furnished kitchen and three different exposures to bathe the apartment in natural light. Being that the Flatiron/Gramercy district by a wide array of renowned businesses and restaurants, any one who decides to set up here will be in great company.
The trend isn’t only for those in New York City. Robin Kencel of Compass Real Estate in Greenwich, CT said: The importance of home offices has almost begun to rival the attention that buyers give to kitchens. With the increase of people who work from home, either on a regular basis or on non-work days, where they work is on nearly every buyers mind. I see two kinds of home office needs: The buyer who wants a dedicated space that can be closed off from running children or a running vacuum, that feels comfortable. Natural light, a fireplace, doors to a private terrace, and great wall and floor finishes are some of the elements that are Yes! factors to a buyer. Then there is the other type of buyer who works off their laptop with little need for storage and privacy. That buyer wants to know that there are various places in the house to plop and work. Great connectivity for computer and phone are a MUST.
Robin’s listing at 130 Field Point Circle is set on 2.4 waterfront acres with a private beach and mooring. he adjacent double living room is bookended by stately fireplaces and flooded with light thanks to the span of windows and French doors out to the terrace and water beyond. Homes like this give owners the serenity they seek while working, as it can serve as duel purpose of living and working, and it has it’s own home office.
Of course, any apartment by Museum Mile is always going to be a major draw. But this six room co-op is taylormade for those living the gig economy. While it’s already a sizeable living space to begin with, the second bedroom can very easily be turned into an office space. And with three outdoor terraces, working from home has never been more relaxing! Scoring any apartment in Museum Mile is nothing short of hitting the jackpot. But this apartment in particular successfully mixes work and leisure into one space.
Outside the city, is a unique type of spot available. Originally constructed as a German Lutheran Church in 1869, this structure was redone as a mix of residential and audio recording space in 2008. The main floor is a spacious cavern that can be used as either a business space or a private gathering space. The bulk of the living space is located in the lower floor, with two bedrooms and a bathroom. One room is outfitted as a custom built audio control room. Just like the upper floor, this space can be reconfigured to any number of other purposes. For those looking for a WORK/LIVE space that’s outside city limits, this could be an intimate option on the market.