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Deals & Dealmakers

NEW DEVELOPMENT: Marcal gets AG okay for Rockaway condo; The Nordic bringing some cool to Astoria

● MARCAL GROUP
Beach building on the rise
The Attorney General just approved the Marcal Group’s new ground-up condo in Rockaway Beach, One Sixteen (pictured top).
The 86-unit project, which encompasses an eight-story building, as well as eight duplex townhouse residences that adjoin the mid-rise condo, was designed by Karl Fischer with interiors are by Me & General.
Located less than a block from the ocean and boardwalk at the end of Beach 116th Street, the property is close to the NYC Ferry and the A train that reach Brooklyn or Manhattan in under an hour.
One Sixteen residences will have ocean and bay views, a part-time attended lobby, a landscaped roof deck with ocean and bay views, on-site parking, a fitness center, bike storage and additional private storage.
“One Sixteen will offer buyers amenities they ask for and use on a regular basis, along with modern homes featuring airy 9 foot ceilings, awash with beachy light and air, soothing white oak plank floors, and neutral palettes ready for each owner to custom decorate to their tastes,” said Maxine Resnick, abroker with Compass Development, which is handling sales.
One, two, and three-bedroom homes include Bosch washer-and-dryer units and kitchens outfitted with stainless steel appliances from LG and GE, quartz countertops and glazed ceramic backsplashes.

● AKI DEVELOPMENT
The Nordic bringing some cool to Astoria

The Nordic, a new Scandinavian-inspired boutique luxury rental building in Astoria, has just launched leasing and is preparing to welcome its first move-ins in September.
The six-story building is being developed by AKI Development following the completion of its luxury rental Graffiti House.
The tech-heavy Nordic has keyless entry throughout the entire building, LED lighting, motorized shades, radiant heat floors, smart home automation systems, temperature control in showers, touch-less flush toilets.
the developer collaborated with Swedish muralist Tony ‘Rubin’ Sjöman to create oversized murals on both the north and south facades (visible from Manhattan and Brooklyn) and an 8-story art installation within the elevator that can be seen through a custom glass viewing wall.
The Nordic includes eight one-bedroom homes and one two-bedroom penthouse. Each apartment features an open floor plan, 10 ft. ceilings and most feature private outdoor space.
Amenities include a landscaped roof deck, outdoor kitchen and barbecue, covered outdoor shower and steel pergola, fitness center and bicycle storage.

● L+M DEVELOPMENT PARTNERS
Leasing launched at The Niko

L+M Development Partners has launched leasing at The Niko East Village.
The 12-story mixed-use rental building at 751 East 6th Street in the East Village has 82 market rate units. MNS is handling the initial leasing for the building.
Starting prices range from $2,800 per month for a studio, $3,400 for a one-bedroom, $4,500 for a two-bedroom to $6,000 for a three-bedroom.
The Niko has a landscaped rooftop with views of Lower Manhattan, cabana seating and a BBQ area, among other amenities. At the base of the building is 8,000 s/f of retail space. GF55 is the architect.
There is also a fitness center with outdoor access, and second floor terrace, a part-time attended lobby with concierge services, live-in superintendent, package room with cold storage and bicycle storage.
The building features a mix of studio, one-, two- and three-bedroom apartments. Each unit has white oak wood flooring, oversized windows with solar shades and environmentally sustainable EnergyStar fixtures and washers and dryers. Select units include walk-in closets and a private terraces.

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