Real Estate Weekly
Image default

NEW DEVELOPMENT: Related’s 261 Hudson launches leasing, first Essex Crossing offering tops out

● Related Companies

261 Hudson throws open its doors

Related Rentals has launched leasing at 261 Hudson, a full-service rental building in West SoHo designed by Robert A.M. Stern Architects and landscape architects HMWhite.

The LEED Gold-designed, 12-story brick building has 160 luxury rentals ranging from studios to two-bedrooms, with open kitchens, custom marble bathroomsand Bosch washers and dryers. Some include terraces and in-suite dressing areas.

Amenities start in the lobby where a sculpted starburst oculus is showcased and a staircase leads to a split-level amenity suite that includes a study and internet lounge, fitness studio curated by Equinox, lounge and catering kitchen. On the lower level, an interior courtyard and garden has built-in running along a brick garden wall at Renwick Street.

At the top of the building, a landscaped roof terrace designed by HMWhite offers views of the neighborhood and Hudson River.

In addition to bike storage and personal storage, residents will enjoy RelatedStyle Services, a suite of rewards and services which include move-in co-ordination, MasterCard credit card rent payment, transfers within the Related Rentals portfolio, in-home package delivery and Related’s Partner Offer program which offers exclusive benefits including memberships with Equinox Fitness and Citibike.

The building is move-in ready and prices range from $3,695 for studios, $4,750 for one-bedrooms and $7,595 for two-bedrooms.

● Delancey Street Associates

First Essex Crossing offering tops out

Delancey Street Associates announced the topping out of 242 Broome, the first condominium building within Essex Crossing, a planned mixed-use development of residential, office, retail, cultural and community space on Manhattan’s Lower East Side.

The topping out of the 14-story, 55-unit luxury building represents a milestone in one of the most significant urban renewal developments in the history of New York City. Delancey Street Associates comprises BFC Partners, L+M Development Partners and Taconic Investment Partners.

Charles Bendit, co-chief executive of Taconic Investment Partners, said the apartment building that will open early 2018 “celebrates the liveliness and grit of the Lower East Side.”

Designed by SHoP Architects, the building features a champagne-colored façade of anodized aluminum.
Starting at the fifth floor, the building shifts slightly westward, allowing for dramatic views, natural light and maximum privacy.

Luxury residences, which start on the fifth floor, range from one to three-bedrooms. Each of the three penthouses features fireplaces and access to its own private rooftop terrace.
The interiors, designed by DXA studio,have custom kitchens, a master bath with radiant floor heating and polished chrome Dornbracht fixtures.

The amenities at 242 Broome include a fitness center and entertainment lounge that can be used to host a dinner party, with seating for up to 18 guests in the kitchen and dining area. The space also has a pool table and children’s playroom.

A landscaped and furnished rooftop includes grills for outdoor dining and entertaining.
Douglas Elliman Development Marketing is the exclusive sales and marketing agent for 242 Broome. Pricing begins at $1.6 million for a one-bedroom with occupancy slated for 2018.

● Greenland Forest City Partners

Eat, live, grow at 550 Vanderbilt

Residents of the new 550 Vanderbilt luxury condominium in Prospect Heights will enjoy exclusive special offerings from some of the city’s best independent businesses, courtesy of a unique Neighborhood Partners Program announced by 550 Vanderbilt’s developer, Greenland Forest City Partners.

The collection of partnerships with leading local businesses includes collaborations with farm-to-table restaurant favorite, Olmsted, and wine experts, Vanderbilt Wine Merchants, with more to follow.
The program adds unique amenities to 550 Vanderbilt, which will open its doors to its first residents in the next few weeks.

The initial range of Neighborhood Partner Program offerings include one-on-one gardening instruction from Olmsted staff that residents can practice in the 550 Vanderbilt garden plots, and sommelier, consultation and delivery services from Vanderbilt Wine Merchants.

Additional discussions with potential partners are currently taking place, and more experiences will be added to the new program as residents move into the building.

“The Neighborhood Partners Program will immerse 550 Vanderbilt’s residents in the best that Prospect Heights has to offer and expose them to exciting new experiences,” said Ashley Cotton the executive vice president of external affairs at Forest City New York.


Renters get to double dip at Copper Buildings

The American Copper Buildings, the pair of copper-clad luxury rental towers linked by a three-story skybridge suspended 300 feet in the air, has officially opened its leasing office and welcomed its first residents.

A collaboration between JDS Development Group and SHoP Architects located at 626 First Avenue, the American Copper Buildings has earned attention around the world for its boldly unconventional architecture, including the angled silhouettes of the towers that maximize views and give them a “dancing” appearance.

Michael Stern, founder and managing partner of JDS Development Group, said, “The project is a marvel, from its design to its engineering and construction. And for tenants, it offers a lifestyle of luxury and convenience that cannot be found elsewhere.”

Clad in 4.25 million pounds of raw copper, the 41- and 48-story towers offer a total of 761 residences, ranging from studios to three-bedrooms. Current pricing begins at $3,200 per month for studios, $4,500 for one-bedroom residences and $6,650 per month for two-bedrooms residences. The three-bedroom residences, including a limited collection of penthouses, are not yet available.

Each tower features a grand lobby with 25-foot ceilings that overlooks a new landscaped park and fountain on the property.

A private porte cochère provides access to secure on-site parking with valet service, and the underground parking reception offers residents a private and direct connection to the building’s lobbies.

In addition to connecting the two towers, the 100-foot-long skybridge encompasses a full suite of amenities, including a 75-foot indoor lap pool and Whirlpool hot tub at the 28th floor and a fully furnished residents’ bar and lounge at the 29th floor.

Adjacent to the skybridge are a double-height fitness center managed by La Palestra with a rock-climbing wall and skyline views, a Turkish-style marble hammam with plunge pool, yoga and movement studios, spa, catering kitchen, juice bar, studio space and a children’s playroom.
The rooftop of the East Tower has an infinity-edge swimming pool with outdoor shower, a landscaped sky bar, open-air lounge and dining and grilling areas.

Citi Habitats New Developments is the exclusive leasing and marketing agent for the American Copper Buildings.

● Property Markets Group

1 QPS Tower a crowd pleaser

Property Markets Group, the developer of 1 QPS Tower, has leased over 25 percent of the units within the first month of its opening.

Founder and principal, Kevin Maloney said “We’ve been told that the pace of leasing is the strongest seen in Long Island City to date. It confirms our opinion that Long Island City is booming and that 1 QPS Tower is perfectly positioned to capitalize on the neighborhood’s transformation into a 24/7 community.”

The building’s gym and fitness center are open and a highlight of the amenities is the rooftop terrace with its outdoor swimming pool and barbecue area offering views of the Manhattan skyline.

The pool and fitness center will be operated as a private club for tenants only by Bilancio Management.
Matthew Villetto, vice president at Douglas Elliman New Development Marketing, who is overseeing the leasing aefforts said over 100 transactions were completed during the initial few weeks of the soft launch.

● Halcyon Development

Sunset Park building over 70 percent leased

The Hamilton at 968 60th Street in Sunset Park is over 70 percent leased.

The five-story, 92-unit building which spans the entire block along Fort Hamilton Parkway offers alcove studio and one-bedroom apartments starting at $2,078, two-bedrooms from $2,800, and three-bedrooms from $3,600, including several with balconies and terraces.

No-fee perks include a game room with table tennis and billiards, media room, library and business center. There is a 1,500 s/f fitness center, PGA golf-simulator room, and two-level children’s playroom.

The building has a landscaped roof deck with cabana-style furniture and multiple gas barbeque grills.
The building also boasts an affordable on-site residents-only parking garage.

Related posts

Denholtz Properties and Redwood Real Estate Group Break Ground on 143-Unit Multifamily Community in Downtown Bound Brook


Dubai’s Samana Developers Unveils First Sustainable Project to Help Decorbonise the Environment


Allstate Ventures Breaks Ground on 33 Westchester Place The 27-Story Tower to Provide Most Luxurious Rental Living in Westchester Place