The Real Deal New York

Townsend too

July 13, 2010 11:00AM
By Steve Cutler

Hudson Yards gets one more luxury rental

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Townsend

From the July issue:
The newly completed Townsend at 350 West 37th Street adds 206 more
luxury rentals to the couple thousand that have come to market recently
in Hudson Yards, a neighborhood no one had even heard of 10 years ago.
One street over, Emerald Green has 569 units, with similar finishes, in
the same price range. And further west, there are nearly 400 units at
455 West 37th Street, and 835 units at 505 West 37th (both by TF
Cornerstone). Plus, Douglaston Development recently delivered 288 units
at Ohm at 11th Avenue and 30th Street. But despite the stiff
competition, Cliff Finn, the managing director of new development at
Citi Habitats, which is marketing the building for the developer,
Lalezarian Properties, said leasing up the Townsend “shouldn’t take
more than six months.” [more]

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