Some of the priciest condos in America are touting a new must-have: Spacious master-suite closets. Developers in the luxury market are going beyond 24-inch-deep walk-in closet to create lavish, spacious havens where home owners can spend more time in.
The Massive Closet Is Showing up in the Market
“The new closets of choice are full-fledged dressing rooms the size of stand-alone bedrooms, arrangements with two separate walk-ins for couples, and windowed rooms with precious natural light and views that were once reserved for the main living areas,” The New York Times reports.
As an example, inside of a condo project at 10 Sullivan in SoHo in New York City, the master suite closet measures 9 by 16 feet. Also, in the Walker Tower, another condo building in New York City, the Property Markets Group has built closets that happen to be “probably 3 times what you would consider a reasonable walk-in closet.”
“We’ve reduced the dimensions of the bedrooms and pushed that space into the closets because the luxury buyer is searching for that large closet space,” Kevin Maloney, the founder of the Property Markets Group, told The New York Times. “They want the big walk-in, with a shoe counter in the middle and all the bells and whistles.”
Master bedroom walk-in closets in new luxury apartments are about 30 % bigger than they were during the last development cycle, estimates Jonathan J. Miller, president of Miller Samuel, an appraisal firm. The overall size of new apartments, however, have only grown by about 10 percent, he notes.
Also, new developments aren’t the only ones jumping on the supersized closet trend.
“We see people who will bunk their children, and then make the second kid bedroom a dressing room,” Melanie Charlton, chief executive and founder of Clos-ette, a custom closet company, told The New York Times. “They’re giving themselves that master suite they always wanted.” And some luxury buyers are prepared to pay a hefty price to get the most ultra-luxurious closet too. Charlton says she had a customer who spent about $200,000 having Clos-ette and an interior designer convert a former bedroom into a dressing room.
