Miller estimated that at the peak of the New York luxury apartments trend, 40percentt of buyers were foreign, mainly Chinese.
Those growth rates — each of which on an annual basis is faster than was recorded over the last 12 months — reflect surging demand for apartments, a trend that shows no signs of slowing.
During my childhood, the middle-class housing complex where we lived was transformed into luxury apartments, a trend throughout the East Village, where landlords kicked out as many rent-controlled tenants as possible.
The apartment and condominium trend has yet to exhaust itself and today, Moneta Gardens--a 30-block chunk of southeastern Hawthorne bounded by Prairie Avenue, El Segundo and Crenshaw boulevards and Rosecrans Avenue--has the greatest concentration of residential building in the city.
Meanwhile, younger gallerists are improvising and a trend for "apartment galleries," where art lovers with large, cheap apartments, let artists exhibit their work, is booming with the younger arts crowd.
Soon afterward came luxury apartment buildings, in a trend that continued until the 1920's.
Approach Wanes in Popularity FOR a while, the unfinished loftlike apartment was a hot trend in Manhattan luxury developments.
And while no official statistics exist that track the number of pet-friendly rental dwellings in various cities, those in the apartment business say the trend is going the pet owners' way.
TOKYO — When new trends in apartment living emerge, they often take hold quickly in fad-conscious Japan.
And with tenant demand still strong for offices, warehouses, malls and apartments, everyone assumes the trend will persist.
