New and Noteworthy: A Selection of Exceptional Luxury Rentals

Rental buildings in the city have come a long way in the past few years, and new luxury buildings coming on the market this year are starting to offer more than the standard doorman and shiny new appliances—and they have hefty price tags to prove it.

“A lot of new luxury rental developers are adding finishes that are somewhat indistinguishable from condos,” Corcoran broker Paul Gavriani told the Observer. “They have the best flooring, faucets, kitchens and baths. There is a market there, of very high-income people who may or may not be ready to buy.”

And, of course, the lack of permanence found in a rental, which some might find daunting, is actually seen as an advantage by certain demographics. “It’s short-term—a year or two, so a lot of times it attracts people new to the city. And the vast majority are one- and two-bedrooms, so they might attract young professionals,” Mr. Gavriani opined. “It’s about flexibility, but at the same time, getting a high-level lifestyle that people can afford and that they want.”

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11 Great Jones. (Courtesy The Corcoran Group)

11 Great Jones
11 Great Jones Street; Noho
Morris Adjimi Architects designed this six-story building, which has eight units consisting of two- to three-bedrooms that range from 1,300 to over 2,000 square feet. All apartments have 10.5- to 11-foot ceilings, direct key-locked elevator access, white oak floors, custom shades and drapery and a Bosch washer and dryer. Immediate occupancy.
Developer: Kano Properties
Amenities: Virtual doorman, roof deck. Second-floor apartments offered furnished.
Pricing: From $11,750 to $21,000 per month
Marketing and leasing: Corcoran Group

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One Sixty Madison. (Courtesy Evan Joseph)

One Sixty Madison
160 Madison Avenue; Nomad
An octagonal-shaped building designed by SLCE Architects, with interiors by Philip Koether Architects. Three hundred and nineteen units including studio, one- and two-bedroom apartments feature floor-to-ceiling windows and white oak flooring. Immediate occupancy.
Developer: J.D. Carlisle Development Corp., DLK Real Estate Capital Partners and Mitsui Fudosan America, Inc.
Amenities: Three Sixty Lounge on the rooftop, elevated private park, fitness center, valet and concierge services, bicycle storage, valet, concierge, 24-hour doorman
Pricing: From $3,235 to $6,235 per month
Marketing and leasing: Douglas Elliman Development Marketing

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7 DeKalb Avenue. (Courtesy VHT)

7 DeKalb Avenue

7 DeKalb Avenue; Downtown Brooklyn
One of three residential towers within mixed-use development City Point. Exteriors by Cookfox; interiors by SLCE Architects and BanG Studios. Two hundred and fifty units made up of one- and two-bedroom residences with nine-foot ceilings and walnut hardwood floors. Kitchens have GE stainless steel appliance and chrome bath fixtures, and some units have private terraces. Expected occupancy first quarter 2016.
Developer: BFC Partners and Acadia Realty Trust/Washington Square Partners
Amenities: Doorman, planting garden, children’s playroom, two lounges, cinema room
Pricing: From $2,750 to $4,500 per month
Marketing and leasing: Corcoran Group and Great Jones Realty

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Jones L.E.S. (Courtesy Douglas Elliman)

Jones L.E.S.

331 East Houston Street; Lower East Side
Thirteen-story building designed by Stephen B. Jacobs Group, made up of studio, one-, two- and three-bedrooms. All 62 units have casement-style windows, solar shades, solid oak floors and washers and dryers; some have private terraces. Building interior materials include exposed concrete and blackened steel, and the lobby has a Banksy graffiti-tiled wall. Expected occupancy early 2016.
Developer: Halpern Real Estate Ventures
Amenities: Private garden, fitness center, lounge and landscaped rooftop with outdoor screening area, sun terrace with misting shower and dining and grilling areas.
Pricing: From $2,854 to $5,520 per month
Marketing and leasing: Douglas Elliman Development Marketing

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456 Washington Street. (Courtesy Related Companies)

456 Washington Street
456 Washington Street; Tribeca
Related Rentals’ new BKSK Architects-designed, 11-story building will have 84 units, ranging from studios to five-bedrooms. The exterior will echo the neighborhood’s masonry buildings, river views and other modern structures. Expected occupancy May 2016.
Developer: Related Companies
Amenities: Library, lounge, children’s playroom with climbing gym, fitness center with yoga and Pilates studios
Pricing: From $17,995 to $50,000 per month
Marketing and leasing: Related Rentals

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72 Box Street (Courtesy Issac Stern Architects P.C.)

72 Box Street

72 Box Street; Greenpoint
Ground-up new construction by architect Issac & Stern; 39 total units throughout five stories. Studio, one- and two-bedroom apartments have interiors designed by HadasMetzler, and second through fifth-floor units have private terraces. Expected occupancy April 2016.
Developer: Waterbridge Capital
Amenities: Virtual doorman, courtyard, roof deck
Pricing: From $2,350 to $3,700 per month
Marketing and leasing: Citi Habitats

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535 West 43rd Street. (Courtesy Moso Studio)

535 W 43

535 West 43rd Street; Hell’s Kitchen
CentraRuddy designed the two brick-facade, 14-story towers with casement windows. Two hundred and eighty residences made up of studios, one- and two-bedrooms. Expected occupancy March 2016.
Developer: Patrinely Group and DHA Capital
Amenities: Landscaped roof, courtyard, fitness center, screening room, game room, lounge, children’s playroom, pet spa
Pricing: From $3,000 to $8,000 per month
Marketing and leasing: Douglas Elliman Marketing Management

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