New developments often promote extensive amenity packages as core selling points. Gyms, lounges, co-working spaces, rooftops and wellness areas are now standard in many buildings. Higher-end projects add features like golf simulators, private dining rooms, pet spas and fully programmed concierge services.

These amenities add convenience, but they also increase operating costs and drive monthly common charges. Buyers should evaluate whether they will use the offerings enough to justify the premium built into both the purchase price and the monthly fees.

Key points to consider:

• Amenities increase building staffing and maintenance requirements.

• Larger amenity suites require higher reserves and higher insurance costs.

• Many buyers do not use most of the services they subsidize.

• For investors, higher common charges reduce net operating income unless rents can absorb the difference.

• Amenities rarely add proportional resale value once the building is no longer new.
  
  

What matters is not how appealing the amenity list looks in marketing materials, but whether the building’s ongoing amenity pckage aligns with your usage patterns and long-term goals. f you’re comparing buildings with different amenity levels, I can break down the operating costs and long-term financial impact so you choose the option that supports your goals.