500 Cathedral, cornered conveniently one block west of Morningside Park at 110th Street & Amsterdam, is the matriarch of the Summit Residences portfolio.
Summit Residences are a collection of properties re-imagined, reappointed, and fully renovated. A comfortable place to start your day and begin your journey. Live with character, live at ease, let us energize apartment living. Gone are the dark days of decrepit corridors and uneven floors. These apartments will offer a fresh take on uptown living in a number of convenient locations to match your style, pace, and personality.
Manhattan’s Upper West Side extends from 59th St. to 110th St., west of Central Park and is recognized as a diverse cultural area. Many residents have migrated to this area to enjoy the prewar family-sized apartments, brownstones, walk-ups, and extravagant new condominium buildings. Residents with children will find excellent private schools in this area and will benefit from easy access to both Riverside and Central Park. Culture buffs will be smitten with the proximity to Lincoln Center, The Museum of Natural History, The New York Historical Society and The Manhattan Children’s Museum. There are numerous unique boutiques, specialty food stores, eclectic restaurants, and trendy bars on the Upper West Side.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more