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New York

Equity Residential’s Ten23 opens for leasing


Sam Zell and a rendering of 500 West 23rd Street

Ten23, the first ground-up Manhattan development by Sam Zell’s Equity Residential, opened for leasing today.

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The rental building, located at 500 West 23rd Street near 10th Avenue in Chelsea, is a 111-unit mix of studio and one-, two- and three-bedroom apartments with rents ranging from $3,205 to $11,577 per month, according to a statement issued by Equity, which markets the building in-house. However, the building’s website shows a 414-square-foot studio asking $2,965 per month as the least expensive unit. It opens for occupancy in January.

The 13-story building was designed by Gerner, Kronick & Valcarcell and stands adjacent to the High Line. The building’s third floor units are at eye-level with the park. The building has 24-hour concierge, valet dry cleaning service, a fitness facility, 6,000 square feet of shared outdoor space and common areas with Wi-Fi. — Adam Fusfeld

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Equity ResidentialSam Zell