CONSTRUCTION UPDATE
A rendering of 21 West End Avenue
Upper West Side
21 West End Avenue
The Dermot Company and AFL-CIO Building Investment Trust announced plans for a 616-unit, 43-story rental apartment building designed by SLCE Architects. The tower, the first of the five-building Riverside Center master development plan approved in December 2010, will feature 30,000 square feet of amenity space, 23,725 square feet of retail space and a four-story New York City public school in the base. Building amenities will include a pool, hot tub, fitness center, wine bar and lounge, children’s playroom and dog grooming area. Construction will be completed in 2015. Contact: www.dermotcompany.com.
SALES UPDATE
Bedford-Stuyvesant
315 Gates Avenue
The 72-unit, six-story condominium is now sold out. The building’s studios and one- and two-bedroom apartments were priced from $195,000. Units range in size from 435-square-foot studios to 1,566-square-foot duplexes. Building amenities include a rooftop terrace, virtual concierge service, refrigerated FreshDirect storage, residents’ lounge, movie screening room, bike storage, on-site parking and private storage facilities. MNS was the listing agent. Contact: www.315gates.com.
Williamsburg
199 South 1st Street
Sales have launched at the eight-unit boutique condominium, developed by 199 South 1st LLC. One-bedroom apartments in the building, priced from $675,000, range in size from 610 to 951 square feet; two-bedrooms range from 789 to 804 square feet, with prices between $685,000 and $699,000. Building amenities include a laundry room and roof deck. Select units come with basement storage space. Aptsandlofts.com is the agent. Contact: www.aptsandlofts.com.
The Edge
34 North 7th Street and 22 North 6th Street
Douglaston Development’s 565-unit condominium has sold out. Units in the building include studios to three-bedroom residences, as well as duplexes, penthouses and townhouses. Amenities include on-site parking spaces, indoor/outdoor pool, spa, golf simulator, basketball court, movie screening rooms and children’s playroom. MNS was the listing agent. Contact: www.williamsburgedge.com.
LEASING UPDATE
Elmhurst
The Elm East
86-85 Broadway
The 83-unit rental project, developed by James and Jerry Pi of Pi Capital Partners, is now 50 percent leased. Available units include one-bedroom apartments with monthly rents from $1,900 and ranging in size from 500 to 700 square feet. Two-bedroom homes are sized from 2,700 square feet, with rents starting at $2,900. Building amenities include a doorman and on-site building management. Contact: www.elmrentals.com.
Crescent Club
Long Island City
Crescent Club
41-17 Crescent Street
The 130-unit,17-story rental building, developed by Meadow Partners and Simon Development Group, is now 70 percent leased. Available homes include one-, two-and three-bedroom apartments, with rents starting at $2,625 per month. Units range in size from 581 to 1,000 square feet. Building amenities include a 24-hour attended lobby, fitness center, resident’s lounge and business center. The Marketing Directors is the agent. Contact: www.crescentclub.com.
Upper East Side
1214 Fifth Avenue
The 53-story rental tower is now 50 percent leased. One-bedroom units in the building range in size from 700 to 950 square feet; two-bedrooms range from 1,000 to 1,200 square feet; and three-bedrooms start at 1,800 square feet. Monthly rents in the building range from $2,995 to $8,995 for penthouses. Building amenities include a 24-hour concierge, doorman and on-site valet, fitness center and pool. Related Companies is the leasing agent and management company. Contact: www.1214FifthAvenue.com.