Today, Alexander Development Group, The Bluestone Organization and J.P. Morgan Global Alternatives celebrate the launch of leasing for 42 Broad, the world’s largest market-rate multifamily high-rise to achieve Phius Passive House Design Certification. Built to meet the highest standard of sustainable design, 42 Broad is one of the nation’s most energy-efficient residential buildings, bringing a collection of 249 modern residences and an amenity-driven lifestyle to Mount Vernon’s Fleetwood neighborhood.
Located just 30 minutes from Midtown Manhattan via Metro-North Railroad, the 16-story building’s unparalleled eco-friendly lifestyle, spacious homes and best-in-class amenities and concierge services together provide an unprecedented living experience in Mount Vernon that is on par with upscale residential buildings in New York City.
“Fleetwood is one of the most attractive living destinations in Westchester County, and yet, there is a lack of for-rent luxury housing options that offer an expansive amenities package,” said Mark Alexander, co-founder and principal of Alexander Development Group. “With 42 Broad, we saw an incredible opportunity to address this demand. We believe the homes will appeal to renters from all walks of life, including empty nesters looking to downsize and young professionals seeking more living space in close proximity to Manhattan.”
Designed by global architecture firm Perkins Eastman to appeal to a wide range of renters seeking sustainable luxury in a vibrant community, 42 Broad provides a diverse selection of studio, one- and two-bedroom residences. The apartments offer nine-foot ceilings with seven-foot panoramic windows, as well as Manhattan skyline views from select residences. Each apartment features stainless steel Energy Star appliances; top-of-the-line washers and dryers; and warm, modern wood-style flooring. Spa-inspired bathrooms are outfitted with Italian porcelain and walk-in showers, while bedrooms include expansive walk-in closets. The building also features a collection of penthouse residences, which offer panoramic views stretching more than 180 degrees, from the Long Island Sound to the Manhattan skyline and up the Hudson Valley to White Plains. These spectacular homes also feature 10-foot ceilings and sprawling wrap-around terraces. All homes include filtered air ventilation and highly efficient HVAC systems with smart thermostats.
Residents will have access to more than 20,000 square feet of programmed amenities, including a fully-equipped fitness center with a Pilates/exercise room; a heated, three-season pool with shaded pergolas; and a 17th-floor roof deck with outdoor kitchens, dining area and a dramatic fireplace. There is also a lobby lounge; a lively pub room with billiards and an entertaining kitchen; a library with a fireplace; a courtyard zen garden and a large community room. Hybrid employees will have no trouble working from home within 42 Broad’s on-site coworking spaces and conference rooms, offering an efficient work environment steps from their front doors.
A valet parking garage with covered parking, secured package room, pet grooming station, electric vehicle charging stations and bike storage are also available to residents.
Built to the standards set forth by Phius (Passive House Institute US), 42 Broad will use up to 80 percent less energy for heating and cooling than existing buildings through the use of high performance windows, extensive insulation, mechanical ventilation and high-tech building systems that drastically reduce the heating and cooling loads. In addition to creating more efficient homes, the Phius Passive House standards will ensure a better living experience for occupants by continuously providing filtered and tempered fresh air; dramatically lower utility bills and reduced sound transmission.
“With 42 Broad we have created a collection of forward-thinking residences that reflect our dedication to sustainable living and represents a truly unique offering in today’s crowded multifamily real estate market,” said Eric Bluestone of The Bluestone Organization. “The upscale building’s combination of sustainable features and vast array of amenities sets it apart from other luxury properties in the area.”
Ideally situated for commuters, 42 Broad is located just three blocks from the Metro-North Railroad Harlem Line. Residents are only a 30-minute train ride away from Manhattan, a 15-minute drive to White Plains and a six-minute commute to the Lawrence Hospital in Bronxville — convenient for medical workers. Living in Mount Vernon’s popular Fleetwood neighborhood puts the best of Westchester County within easy reach, including a Trader Joe’s at Vernon Hills Shopping Center and Whole Foods at Ridge Hill Mall, along with a plethora of dining options, walkable streets and eclectic boutiques.
42 Broad’s world-class concierge services are managed by Bozzuto’s award-winning, nationally-recognized property management division and include a 24-hour concierge; valet for parking and dry cleaning; a coffee bar, loaner bikes, curated resident events and more. Ground-floor retail offerings will also be coming to 42 Broad later this year.
42 Broad was developed by Alexander Development Group, The Bluestone Organization and institutional investors advised by J.P. Morgan Global Alternatives.
Pricing begins at $2,100 for a studio apartment at 42 Broad. For leasing inquiries or additional information, please visit www.live42broad.com or call 914-712-6010.
