- The Top 10 Rental Concessions of August 2018 [link]
- Leasing Launches at The Rheingold; Bushwick Rentals Offer 9 Months Free Amenity Access [link]
- Live at The Colorado: No-Fee Upper East Side Rentals with 1 Month Free [link]
- Live at Gotham West: New Listings at Amenity-Filled Rental Complex in Hell’s Kitchen [link]
- Astoria’s Tech Savvy Rental ‘The Nordic’ Launches Leasing from $2,995/month [link]
- Live at The Ashland in Brooklyn’s Cultural District from $2,746/Month [link]
- The Niko Debuts in the East Village; Luxury Downtown Residences + Contemporary Amenities [link]
10 Montieth Street
Rendering via ODA Architects
A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children’s playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.
Slated to be the largest influx of housing created in Bushwick ever, ODA Architect’s two projects on the old Rheingold Brewery site continue to progress. Rabsky Group’s 10 Montieth Street, a nearly 400,000-square-foot, seven-story building with 392 units, just topped out. And All Year Management’s impressive development, totaling one million square feet, at 123 Melrose Street is currently being clad. Overall, the two projects will span three full city blocks.
The day after securing a $93 construction loan, the Rabsky Group has announced that 100 out of the 500 rentals at their massive Rheingold Brewery development will be below-market rate. As Curbed notes, Bushwick residents have been advocating that the 400,000-square-foot project include affordable housing since it was first announced, spurred not only by the neighborhood’s need, but the fact that Rabsky had no legal obligation to include affordable units.
- Republicans have a new plan to cut taxes for the top 0.2 percent. [Washington Post]
- Is another building on the way for the South Street Seaport? [TRD]
- Renderings revealed for a huge, blocky glass building coming to 57th Street. [Curbed]
- Our favorite April Fools story today: Kanye West and Kim Kardashian buy entire NYC micro-apartment building to turn it into an “urban mega-mansion.” [Inhabitat NYC]
- City disapproves ODA’s initial design for a new rental building in Bushwick at the former Rheingold Brewery site that includes a sloping, zig-zagging green roof. [TRD]
- Downtown Brooklyn’s real estate boom is leading to major overcrowding in local public schools. [BK Mag]
Images: 606 West 57th Street via TF Cornerstone (L); Kim and Kanye (R)
ODA’s 10 Montieth Street (L); BIG’s 8 Tallet (R)
If imitation is the sincerest form of flattery, then Bjarke Ingels should give himself a big pat on the back. A newly revealed residential design by architectural firm ODA for the Rheingold Brewery site in Bushwick looks a lot like Bjark Ingels Group‘s (BIG) 8 Tallet in Copenhagen.
The Denmark building takes the shape of a figure 8 with a sloping ramp that runs from the base of the building to its roof, creating a large interior courtyard. Similarly, the 400-unit rental building planned for Bushwick at 10 Montieth Street has a subtle bow-tie shape with a sloping, zig-zagging green roof and amenity-laden courtyard. And just as 8 Tallet is the largest private development ever undertaken in Denmark, ODA’s 400,000-square-foot building would be the largest residential building ever built in the area if completed.