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Chicago’s Gold Coast Comparable to New York’s Upper East Side

August 27th, 2009 · No Comments · Entertainment, New Construction, Residential

I know, it’s sacrilegious to compare Chicago to New York, but humor me for just one moment. There’s no doubt Chicago is just an all-around better place to live and be. I’ve been told on many occasions that Chicago holds all of New York’s best qualities and none of the bad. But Chicago’s Gold Coast is an example of one of these good qualities. This prestigious neighborhood compares to New York’s Upper East Side with its prestigious shopping, historic buildings and luxury homes. If you’re looking for exquisite Chicago real estate with all the luxuries of New York, then the Gold Coast is the place for you.

In this month’s edition of CS, the magazine takes a look at the historical importance and future of Chicago’s Gold Coast. “When compared with the Upper East Side, New York City’s bastion of old money and privilege, the Gold Coast stands up to the competition and, from a personality perspective, does it one better.” This Chicago hot spot has always been a place to see and be seen. Within walking distance to the lake, the Magnificent Mile, and fantastic architecture and parks, it’s no wonder the Gold Coast has continued to grow all these years.

As CS writer Amalie Drury points out,

“Like any neighborhood, the Gold Coast is always evolving, but a walking tour of its grid—particularly the area south of Division Street, north of Chicago Avenue and west of Clark Street—reveals a remarkable amount of growth over the past two or three years.”

Some of the changes Drury speaks of include the development of two luxury condos at 30 W. Oak St. and 11 E. Walton St. While these developments veer from the neighborhood’s smaller, street-level buildings, they are still in line with the community’s dedication to luxury. The space at 30 W. Oak St. boasts 10-foot ceilings, Poggenpohl wood cabinetry, Miele appliances, custom millwork, built-ins and a private terrace.

30 W. Oak St.

30 W. Oak St.

30 W. Oak St.

30 W. Oak St.

The high-rise at 11 E. Walton St., designed by Lucien LaGrange, will rest just above the Elysian Hotel. Each residence will have 180-degree views, two terraces, 10-foot ceilings, gourmet kitchens and spa baths. Residents will also enjoy access to the hotel’s indoor pool, concierge services and valet parking.

11 E. Walton St.

11 E. Walton St.

11 E. Walton St.

11 E. Walton St.

Other additions to the neighborhood include the restaurant Fred’s just above Barney’s and The Cedar Hotel bar on 1112 N. State St. Rumors are also flying that hotelier Ian Schrager may purchase “State Street’s Ambassador East hotel and its famed Pump Room restaurant, once the stomping grounds of stars like Humphrey Bogart, Lauren Bacall, Judy Garland and Frank Sinatra.” But amid all the rumors, one thing’s for sure, the Gold Coast will continue to be a classic Chicago neighborhood in the years to come.

If you’re interested in purchasing a Gold Coast Chicago condo, please contact Chicago real estate agent Sheldon Salnick at (312) 264-5853 or email him at [email protected].

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