For many New Yorkers one of the
high points of city living is the urban vista they enjoy from their building's communal rooftop deck. Even when the view's not the greatest, just being able to enjoy the outdoors in a relatively private setting is a luxury worth holding on to. If your building wasn't built with a rooftop recreational area, it's never too late to investigate the possibility of adding this valuable amenity that, according to real estate brokers, can increase the marketability of the units in your building. If your co-op building has been converted from a rental, the conversion plan might state that the rooftop is intended to be developed into a recreational common space, adds Ellen Kornfeld, vice president of the Manhattan-based property management firm Taranto & Associates, Inc..
According to Marilyn Harra Kaye, president of The Prudential MLBKaye International Realty, Inc., a real estate brokerage firm in Manhattan, a rooftop deck can be a tremendous asset to a co-op or condo building and a luxury that even a small building can consider offering to residents and buyers. Any amenity that you add is helpful in terms of more traffic which, in turn, will bring you higher prices. The more amenities you have, she explains, the wider your audience. Not everyone wantsor can afforda country house for weekend getaways, and Kaye meets buyers who specify that they're looking for a building that has some outdoor space.
But before you order the patio furniture and planters, be sure to consult with a knowledgeable engineer or architect who specializes in rooftop analysis and installations. A professional can give you a clear understanding of the various options and considerations that are key to a successful project and that can help ensure the longevity of your building's rooftop.
Winning Them Over