New residential developments


Emerald Green at 320 West 38th Street
Leasing update

Midtown West

505W37

505 West 37th Street

TF Cornerstone recently celebrated the grand opening of its new 835-unit rental development, where leasing has begun. The two Handel Architects-designed glass towers contain studio, one- and two-bedroom apartments, each with hardwood floors and floor-to-ceiling windows, and many with balconies or terraces. Rents range from $1,821 per month for a studio to $3,706 for a two-bedroom. Amenities include a café and TV lounge, roof deck, fitness center and concierge. Contact: www.505w37.com. 

Emerald Green

320 West 38th Street

Leasing at the second of Glenwood’s 24-story Emerald Green towers began in January, and 57 of 212 market-rate apartments have been rented. The homes, which are angling for LEED certification, have sustainable bamboo floors, water-efficient plumbing and green rooftops. Amenities include a 24-hour doorman, pool, spa and yoga room. Monthly rents start at $2,470 for studios, $2,725 for one-bedrooms and $4,040 for two-bedrooms. Contact: www.emeraldgreennyc.com. 

Silver Towers

600 West 42nd Street

Over 50 percent of the 935 market-rate units at Larry Silverstein’s two glass towers have been leased. The rental office for the 60-story buildings launched in May, and buyers are being offered up to two months of free rent. The project has a total of 1,275 units, including 234 affordable apartments leased through a housing lottery, and 106 corporate suites. Studios start at $2,425 per month, one-bedrooms at $3,200 and two-bedrooms at $4,350. Citi Habitats is the agent. Contact: www.silvertowers.com. 

Sales update

Harlem

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Hamilton Lofts

117 and 121 Edgecombe Avenue

Seven of the 12 full-floor units at Gold Development’s FHA-approved condominium have been sold, and the remaining units are available for immediate occupancy. Units range from 1,135 to 1,195 square feet and are priced from $599,000 to $659,000. The buildings have private keyed elevators, and each unit has outdoor space, walk-in closets in the master bedrooms and hardwood floors. Great Jones Realty is the agent. Contact: www.hamiltonlofts.com.

Jersey City



The Mercury Lofts at the Beacon

4 Beacon Way

Metrovest Equities recently sold five loft residences in two weeks in the latest phase of its massive 10-building conversion project at the Beacon. The apartments, part of an initial release of eight homes at the 17-story, 25-unit Art Deco building, sold for a combined $4.7 million. Additional homes have been released for sale at prices ranging from $885,000 to $2.7 million. The lofts have views of the Manhattan skyline, have 13-foot ceilings and range in size from 2,994 to 6,665 square feet. The Beacon will ultimately have 1,200 luxury residences and include amenities like an indoor pool, a fitness center and valet parking. Contact: www.themercurylofts.com. 

Long Island City

L haus

11-02 49th Avenue

The Stahl Organization’s offering plan for the 122-unit building has been deemed effective, and the developers have unveiled a set of incentives for two-bedroom buyers. Condo shoppers who snapped up a two-bedroom unit by March 31 were expected to receive $10,000 to put toward closing costs, plus two free months of common charges, while buyers’ agents would get a 5 percent commission. The first six people to buy those units, meanwhile, would also get a free cabana. One-, two- and three-bedroom units are available, starting at $460,000. Prudential Douglas Elliman is the agent. Contact: www.lhauslic.com. 

Midtown West

Griffin Court

800 10th Avenue

Sales launched March 9 at Alchemy Properties’ 95-unit building, in conjunction with the unveiling of several building and unit renderings. The development includes two eight-story towers, connected by a lobby. Units are priced between $735,000 and $3.86 million, and studios and one-, two- and three-bedrooms are available. The first 15 to buy in the building will have their mansion tax, as well as state and city transfer taxes, paid for by the developer. Contact: www.griffincourtcondo.com.