175 Kent gets fully leased in four months

New York /
Jul.July 27, 2011 05:21 PM
alternate
text
David Maundrell, president of aptsandlofts.com, and 175 Kent Avenue

[Updated July 28 10:15 a.m. with leasing prices from the marketers] The 112-unit rental building at 175 Kent Avenue in Williamsburg is now completely leased, according to its exclusive marketers aptsandlofts.com. Sales in the Chetrit Group-developed building officially launched in April, although some listings appeared on Streeteasy.com months before. Monthly rents range from $2,343 for studios to $5,250 for two-bedroom penthouses, aptsandlofts.com said.

Aptsandlofts.com got a head start on marketing the building by releasing a video game on its site, called Tour de Burg, where players dodged obstacles to arrive at the Williamsburg waterfront property. The 550 winners were given a code that allowed them priority entry into the seven-story building.

The quick leasing process was foreshadowed by the success of 184 Kent Avenue, the rental building across the street that leased its 340 units in less than a year. Aptsandlofts.com President David Maundrell predicted the 175 Kent Avenue would lease quickly in a profile on the building in the April issue of The Real Deal because of a shortage of new rental apartments in the neighborhood and the amenity package.

The building, at the site of a former concrete plant, features a two-level gym, concierge service from 6 a.m. to midnight and a 14,000-square-foot landscaped rooftop with a dining area and a putting green. — Adam Fusfeld


Related Articles

arrow_forward_ios
(Moinian Group, CVS)
CVS signs lease for 512 7th Avenue store
CVS signs lease for 512 7th Avenue store
Joseph Chetrit with 427 and 459 (left) Broadway (Getty, Beyond My Ken/Wikimedia)
Chetrit Group falls behind on Soho portfolio mortgage
Chetrit Group falls behind on Soho portfolio mortgage
Joseph Chetrit, Jordan Slone (Getty, NADLAN)
Harbor buys nearly 5,500-unit portfolio from Chetrit for $390M
Harbor buys nearly 5,500-unit portfolio from Chetrit for $390M
315 West 35th Street with Isaac Chetrit and DJ Dashti (Google Maps, Linkedin, iStock)
Chetrit to open flex-office location near Penn Station
Chetrit to open flex-office location near Penn Station
261 Madison Avenue and 205 East 42nd Street are among the closed locations. (Sapir, Durst, WeWork)
WeWork dumps several Manhattan locations
WeWork dumps several Manhattan locations
From left:  Joseph Chetrit, 404 Fifth Avenue and WeWork CEO Sandeep Mathrani (Photos via Wikipedia Commons; Google Maps)
WeWork battles Chetrit Group over Midtown lease
WeWork battles Chetrit Group over Midtown lease
Joseph Chetrit and 49 Chambers (Getty, 49 Chambers)
Chetrit lands $90M inventory loans for Tribeca condo conversion
Chetrit lands $90M inventory loans for Tribeca condo conversion
Sharif El-Gamal, Joseph Chetrit and 1384 Broadway (Getty; Google Maps)
Chetrit Group sues Sharif El-Gamal for unpaid rent
Chetrit Group sues Sharif El-Gamal for unpaid rent
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...