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Gene P. Spiegelman, a senior director at Cushman & Wakefield, said that asking rents in the most desirable part of SoHo, from Broadway to West Broadway and from Houston Street to Grand Street, have declined to an average of $166 a square foot annually from $191 at the height of the market in early 2001.
At 655 Madison, the developers — the principals of the brokerage firm GVA Williams — hope to capitalize on their location in the most desirable part of the neighborhood, near the General Motors Building as well as the Upper East Side homes of many corporate leaders.
However, within the cooperatives farmers remain competitors seeking their own best interest, simultaneously seeking contracts for the most profitable crops in the most desirable part of the season; this behavior can work to the detriment of the group.
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It's one of the most desirable parts of the capital.
Now being sold for the best part of £2m, estate agent Savills describes the cottage as an "exceptionally appealing detached coastal residence" in "one of the most desirable parts of Fowey".
At the same time that, when it comes to poor people, vacant rooms are deemed an offence to be expunged, they grow unchecked in the most desirable parts of London.
We met at her flat near Lodhi gardens, in one of the most desirable parts of south Delhi, where 4x4s with CD plates stand parked in dusty lanes, and diplomats come to shop.
But given its new status as one of the most desirable parts of Manhattan it is different, too: New buildings are taller; storefronts are brighter and often occupied by retail chains.
Add to that the fact that London attracts wealthy foreigners who are willing to pay several million pounds for a home to live in part-time, and the result is a city whose most desirable parts are emptying.Yet away from London's expensive centre, things are getting more cramped.
For one thing, they are located in some of the most desirable parts of the country, concentrated on the coasts and in inland areas that we associate with great wealth, such as the Hamptons, Florida, Los Angeles and Lake Tahoe.
A two-bedroom apartment in the most desirable parts of the city centre (such as the canal belt) could set you back 2,000 euro to 2,500 euro ($2719 to $3398) per month.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com