Beekman Tower
Forest City Ratner’s Beekman Tower, the 76-story, Frank Gehry-designed spire at 8 Spruce Street is expected to draw crowds of prospective luxury renters when it opens for business in six months’ time, brokers told Crain’s. Far from creating a glut of vacant units, market observers said the 867-foot tower’s 903 apartments will be in high demand both for their views far above any of its competitors and their location in one of the fastest-growing residential neighborhoods in the city. The leasing office is slated to open its doors in the first quarter of 2011, and rents are expected to be in the $80 per square foot range. [Crain’s]