The Real Deal New York

Posts Tagged ‘lalezarian properties’

  • Kevin Lalezarian

    From left: Kevin Lalezarian and a proposed rendering of 100-102 Chartlton Street in Hudson Square

    Lake Success, N.Y.-based Lalezarian Properties filed a permit application to build a 61-unit rental building at 100-102 Chartlton Street in Hudson Square.

    The new 59,000-square-foot building between Greenwich and Hudson Streets will replace two four-story rental buildings at the site.

    All the units will be rentals, Kevin Lalezarian, the firm’s owner and president, wrote in an email. [more]

  • 606 West 30th Street and Kevin Lalezarian

    606 West 30th Street and Kevin Lalezarian

    Residential developer Kevin Lalezarian paid an eye-popping $1,200 per-square-foot for a Hudson Yards development site on the High Line where — for at least the time being — he can’t build a single apartment. [more]

  • 513-521 West 36th Street and Kevin Lalezarian (inset)

    513-521 West 36th Street and Kevin Lalezarian (inset)

    Lalezarian Properties is looking to build a 38-story apartment tower in Hudson Yards near upcoming projects by Eliot Spitzer and Mike Fascitelli’s Imperial Properties. [more]

  • 100-charlton

    From left: Proposed rendering and current site at 100-102 Charlton Street in Hudson Square, David Noonan and Jennifer Schwartzman

    Lalezarian Properties is looking to reap a windfall on a pair of four-story Hudson Square rental buildings. [more]

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  • From left: A preliminary rendering of 507 West 28th Street and the construction site

    From left: A preliminary rendering of 507 West 28th Street and the construction site

    With Related’s Abington House on one side and the AVA High Line on the other, a trio of new buildings will bring another 374 rentals along West Chelsea’s newly expanded elevated park. [more]

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  • 15-cliff

    Carmel’s Ron Zeff and 15 Cliff Street

    Lalezarian Properties has sold its Financial District rental building at 15 Cliff Street to a California investment group for $95 million, according to public records filed with the city yesterday.

    The purchaser of the FiDi tower, Carmel Partners, buys underperforming multi-family assets in supply-constrained markets and tries to add value through renovation and repositioning. The company owns two other rental buildings in Manhattan. One, The Renoir House, is a 151-unit property at 225 East 63rd Street. The other, a 168-unit building called the Electra, is located at 354 East 91st Street. [more]

  • 511-515 West 36th Street

    Lalezarian Properties has paid $21.25 million for a commercial loft building in the Hudson Yards Special District, with plans to erect a residential rental development on the site, the New York Observer reported.

    The Lake Success, N.Y.-based company intends to raze the existing six-story, 37,929-square-foot structure at 511-515 West 36th Street and build on that lot, as well as adjacent parcels it already owns at 519 and 525 West 36th Street. [more]

  • Slew of new rentals coming to market

    March 02, 2010 12:51PM

    From left: 80 Dekalb Avenue, BKLYN Gold, Beekman Tower and Cliff Finn of Citi Habitats

    Citi Habitats’ managing director of new development marketing, Clifford Finn, gave The Real Deal the scoop on several new development rentals the company will be marketing this spring.

    In early April, Citi Habitats will begin leasing units at the Ashley, a 209-unit luxury rental building developed by Extell Development. Located on 63rd Street between West End and Riverside, the Ashley is the sister rental tower to new condo the Aldyn. Starting in mid-May, Citi Habitats will be handling rentals at the Addison, a 270-unit project on Schermerhorn Street in Downtown Brooklyn from Broadway Management Company, the developer of new Manhattan condominium Sutton57. Rentals of the Addison’s studios and one- and two-bedroom units will start in mid-May for summer occupancy, Finn said.

    Downtown Brooklyn has exploded with new rentals recently, including another project Citi Habitats is marketing, Forest City Ratner’s 354-unit 80 DeKalb Avenue. Also in May, Citi Habitats will start leasing at Lalezarian Properties’ new rental project at 350 West 37th Street at Ninth Avenue. The 80/20 project is tentatively being called “Townsend,” though that could change. … [more]


  • From left: The Brooklyner, BKLYN Gold

    In Downtown Brooklyn, where a surge of new rental buildings have recently come online, there’s been no shortage of interest. At the Brooklyner, which at 515-feet lays claim to the tallest-building-in-the-borough title, 90 units were leased within the first month, roughly half of those currently available. When completed, the Lawrence Street development will have 491 units, with prices beginning at $1,450 for a studio, $1,900 for a one-bedroom and $2,450 for a two-bedroom. But those prices don’t factor in the incentives: including two months’ free rent on a 14-month lease for one- and two-bedrooms. At the BKLYN Gold, a 512-unit rental complex on Gold Street, studios are priced from $1,825 and one- and two-bedrooms are $2,220 and $2,860, respectively. Tenants who sign a two-year lease at BKLYN Gold can get five months worth of free rent, and that’s proved a successful marketing strategy. Two months since its sales launch, Lalezarian Properties has received 100 applications for the building. [Post]