The Real Deal New York

New residential developments

By The Real Deal | December 08, 2010 05:03PM

Leasing update

Lower Manhattan

200 Water Street

Rockrose Development’s 576-unit South Street Seaport rental building is fully leased after less than a year on the market. Rents at the 32-story tower, formerly a New York University dorm, started at $2,045 for studios, $2,470 for one-bedrooms and $3,715 for two-bedrooms, with the landlord offering two months of free rent. The building has a 33rd-floor roof deck with a waterfall shower, and a sixth-floor tenant lounge with a screening room and billiards table. Contact: www.200waterst.com.

Upper West Side

The Corner at 200 West

200 West 72nd Street

The 196-unit rental tower by the Gotham Organization reached the 50 percent leased mark three months after the leasing office opened its doors in March. The 20-story luxury property, where rents begin at $3,000 per month, is ready for immediate occupancy and is angling for Silver LEED certification. Amenities include around-the-clock doorman and concierge services, a fitness center and a 10,000-square-foot roof terrace with a misting wall, bar, sundeck and movie screen. Trader Joe’s is slated to open in the building later this year. Contact: www.200west72.com.

Williamsburg

184 Kent Avenue

JMH Development’s 340-unit luxury waterfront rental has crossed the 50 percent leased threshold. The seven-story loft building — the renovated former headquarters of Austin, Nichols & Company that was originally conceived as a condo — opened its leasing office in February and has studios and one-, two- and three-bedrooms. Prices range from $2,250 per month for a studio to $5,295 per month for a three-bedroom apartment. Amenities include a 24-hour doorman, 20,000-square-foot interior courtyard and roof deck. Rose Associates is the agent. Contact: www.rentonkent.com.

Sales update

Astoria

The Astoria

31-34 30th Avenue

The Criterion Group’s building, which is comprised of 27 one-bedrooms, has sold out. Units, ranging from 701 square feet to 854 square feet, were priced between $385,000 and $465,000. Most of the homes have balconies or terraces, and all have white oak-plank flooring and a washer and dryer. The building’s amenities include a fitness center, barbecue grill and roof deck. Adriano Hultmann of Prudential Douglas Elliman was the agent. Contact: www.heartofastoria.com.

Harlem

Beacon Towers and Beacon Mews

29 West 138th Street

and 34 West 139th Street

Construction is complete at the two buildings, a joint affordable housing venture between Strategic Development & Construction group and Lemle & Wolff under the city’s Housing Development Corporation. Beacon Towers is a 73-unit co-op, where prices range from $260,000 for a one-bedroom to $350,000 for a two-bedroom. Just four units are market-rate. Beacon Mews is a 125-unit rental in which rents for low-income residents start at $782 per month in one-bedrooms and $943 per month for two-bedrooms. Both buildings are ready for immediate occupancy. Halstead Property Development Marketing is the agent. Contact: www.beaconaffordable.com.

Harlem

88 Morningside Avenue

Sales have launched at the new 12-story, 73-unit condo by BOS Development, Horsford & Poteat Realty and the Bluestone Organization, with the release of the first 15 apartments. Among the availabilities are nine one-bedrooms starting at $365,000, four two-bedrooms starting at $595,000 and two three-bedrooms starting at $825,000. The building was designed by GF55 Partners with interiors by Curated. Halstead Property Development Marketing is the agent. Contact: www.88morningside.com.

Midtown West

The 505

505 West 47th Street

Lev Parkview Developers’ 108-unit building has been approved for mortgage financing by the Federal Housing Administration, which allows buyers to get a mortgage with just a 3.5 percent down payment. Prices range from $425,000 for studios to $955,000 for two-bedrooms, and amenities include a 24-hour concierge, fitness center and roof terrace. Halstead Property Development Marketing and Nest Seekers are the agents. Contact: www.the505hk.com.

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