Real Estate Weekly
Image default

New Development: leasing starts at ARO, Amberly hits luxe rental market

Leasing underway at ARO

Leasing has begun at ARO, a new 62-story, 426-unit luxury rental tower developed by Algin Management, designed by CetraRuddy Architecture, and located at 242 West 53rd Street in Midtown West.

The tower, which rises on the former site of the Roseland Ballroom, features a cantilevered design of twists and curves.

The building features studio, one-, two- and three-bedrooms, some with penthouse.

Units have floor-to-ceiling windows, 10 ft. ceilings and oak floors. Most kitchens open to living areas and Bosch washers and dryers are included.

More than 40,000 s/f indoor and outdoor amenities span multiple floors, as well as the rooftop. They include the ARO Club which features a sports lounge next to fitness amenities, traditional club-type lounge and game lounge.

Multiple landscaped outdoor terraces have been designed by Balmori Associates and there are an indoor and outdoor pool, private dining room, half-basketball court, and golf simulator.

The building’s underground garage, also attended 24/7, offers direct access into ARO.

Currently, studios are priced from $2,900 per month and three-bedrooms are priced from $7,995 per month to more than $17,500.

Occupancy is expected this fall 2018. Triumph Property Group is handling leasing.

Luxury Brooklyn rental debuts

AmTrust Realty Corp., announced the launch of leasing at The Amberly, a new Brooklyn luxury rental development.

The Amberly on Nassau Street in Brooklyn.

Rising 33 stories and located at 120 Nassau Street, The Amberly will offer 279 studio to three-bedroom residences priced from $2,100 per month.

In it’s first North American tower, architecture and interiors are by Woods Bagot. Kitchens have custom walnut cabinetry and Caesarstone countertops with waterfall edges and residences are equipped with Bosch washers and dryers.

Amenities at the Amberly, furnished by BHDM Design, include The Overlook on the tower’s 33rd floor, providing residents with penthouse. A ninth-floor lounge offers a wraparound sundeck, landscaped terrace, grills and space for alfresco dining as well as co-working space, a fitness center and secure bike storage.

The lobby will be attended by a concierge 24-hours a day and a private driveway with on-site valet parking will also be available.

A 10,000 s/f public plaza just outside the lobby was designed by SCAPE.

Citi Habitats New Developments is the exclusive leasing and marketing agentand prices range from $2,100 a month for a studio to $8,800for a three-bedroom.

Nolita classic reinvented

Mirador Real Estate has been retained to market and lease 49 Prince Street, a six-floor, 27-unit rental redevelopment in Nolita.

The project will offer three one-

Inside 49 Prince Street.

bedrooms and 14 two-bedrooms with prices ranging from $3,800 to $5,000 a month.


Renovations to the property include new casement windows, a complete renovation of common areas, steam cleaning of the facade, and newly conceptualized floor plans.

Building amenities include a garden, laundry room, bike storage, video intercoms, resident lounge with WIFI, a television, a kitchenette, and wine cooler.

The building’s renovations are anticipated to be finished by late Spring/early Summer 2019.

“We are excited that we are delivering a condominium-quality rental building in a superior location,” said Nicholas Pagano, project manager, of 49 Prince LLC. “The building has great bones, exposed brick, and good light and air with units with multiple exposures which is unique for this type of residential project.”

Closings underway at D’Orsay

Adellco LLC has tapped Corcoran Sunshine Marketing Group as the official marketing and sales firm for its downtown luxury development, d’Orsay.

D’Orsay at 211 West 14th Street.

The 11-story, luxury boutique condominium at 211 West 14th Street, between Seventh and Eighth Avenues, has been designed by Jacques Garcia. Closings well underway and d’Orsay has unveiled three new model residences and its suite of amenities.


“The 14th Street corridor continues to draw buyers because of its convenience and its location as an anchor of the West Village, Chelsea and the Meatpacking District,” said Matthew Adell, President of Adellco LLC.

“With Corcoran Sunshine’s expertise in the downtown market, we are confident that they’ll be able to showcase all that the d’Orsay has to offer and its value in such an ideal location.”

The residences, ranging from two- to four-bedroom homes with oversized casement windows and direct keyed elevator entry.

Amenities include a landscaped roof terrace, a skylit fitness center with a steam room, a spa with plunge pool, a drawing room and a full-time concierge.

Related posts

Denholtz Properties Acquires 214-Unit, Luxury Community in Hudson County, N.J.


Pacific Urban Investors Expands Southern California Portfolio with Acquisition of La ScalaStrengthening Presence in Highly Desirable San Diego Submarket


KeyBank Secures $20.3 Million of Financing for Multifamily Housing Property in Anchorage, AK.