555TEN

Brooklyn, CityRealty, Manhattan, Queens, Rentals

FREE RENT: This week’s roundup of NYC rental news

By Ondel Hylton, Sat, August 19, 2017

Images (L to R): Chelsea29, One Hudson Yards, City Tower and 555Ten

  • Thor’s Newly-Restored 98 Morningside Offering One Month of Free Rent [link]
  • Field Condition Captures the Completed Amenities at 555Ten [link]
  • Om Sweet Om: Downtown Brooklyn Rental, City Tower, Introduces Meditation Classes as Newest Amenity [link]
  • Canal-Side 363 Bond Street Unveils Model Apartments; Offers 1 Month Free Rent [link]
  • Chelsea29 Launches Leasing; Offers Two Months Free Rent [link]
  • Checking in on Long Island City’s Boldest Rental, 2222 Jackson Avenue; Now Leasing with 1 Month Free [link]
  • Former Hotel Makes Its Debut as the Murray Hill Marquis; New Rentals from $2,575/Month [link]
  • This New Bushwick Rental was Definitely Designed by an Architect, Two-Beds from $2,355/mo. [link]
  • Free Rent & Reduced Security Deposits at Upper East Side High Rise [link]
  • Leasing Special at Jersey City’s Madox Rentals; Apartments From $2,379/Month [link]
  • Related Promises the Highest Quality Rental Interiors Ever at One Hudson Yards [link]
  • 800 Union: Luxury Park Slope Rentals Release New Renderings & Teaser Site [link]
  • Grand Opening of Rental Building at 246 Johnson Ave in East Williamsburg [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

Apartment Deals, Brooklyn, Manhattan, New Developments, Queens, Rentals

NYC Special Offers, NYC Incentives
  • Live in SHoP’s American Copper Buildings from $2,975/Mo; Read Carter’s New Review [link]
  • Behold the Views (Present & Future) from Midtown’s 555TEN, Now Leasing with Two Months Free Rent [link]
  • Leasing Begins at Jersey City Urby, Vertical Community + Stunning Views from $2,000/Month [link]
  • Take In the Incredible Views at 1 QPS Tower; LIC’s Newly-Opened Rental Leasing From $1,989/Mo. [link]
  • NoMad’s One Sixty Madison Offering One Month Free on Select Residences [link]
  • Cassa Hotel and Residences Offering Up To Two Months of Free Rent [link]
  • Midtown’s Slender Icon Offering Months of Free Rent & Sedate Skyscraper Living [link]
  • Midtown’s Townsend Now Offering Two Months Free [link]
  • Jersey City’s 41-Story Rental Tower Announces Summer 2017 Opening & Reveals Pricing [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

Images (L to R): American Copper Buildings, 555Ten, Jersey City Urby and 1 QPS Tower

affordable housing, Policy

Mayor De Blasio, affordable housing, rent laws, 80/20, NYC Mayor, State of the City

When Mayor de Blasio took office in 2014, he vowed to build or preserve 200,000 units of affordable housing over 10 years, and so far, he’s made good on his word, despite the loss of the city’s controversial 421-a program. The Times reports that today the Mayor will announce that his administration has added 21,963 affordable units in 2016, the most since 1989. Of these apartments, 6,844 were in newly constructed buildings and roughly 4,400, or 20 percent, were reserved for low-income New Yorkers earning less than $25,000 (much more than the eight percent goal). More than 30 percent were in Manhattan, followed by 29 percent in both the Bronx and Brooklyn.

More details

Cool Listings, hudson yards, Midtown West, New Developments, Rentals

Model unit designed by Lillian August

After launching its affordable housing lottery for 120 below-market rate units back in May, 555Ten has revealed pricing for its 478 market-rate rentals, ranging from $3,150/month studios to $6,250/month two-bedrooms. Designed by SLCE Architects and developed by Extell, the 610-foot, 53-story glassy skyscraper will offer an over-the-top amenity package (including a dog run, two salt water pools, and a bowling alley) and custom-designed interiors from McGinley Design. The model units are open for business, and we’re told that the amenity spaces will start to reveal themselves later this week in anticipation of November occupancies.

Find out more here and get a first look at the model units

affordable housing, housing lotteries, hudson yards, Midtown West, New Developments, Rentals

555 Tenth Avneue, Extell Development, 547 Tenth, SLCE Architects, 551 Tenth, McGinley Design 2 (3)

Last September, 6sqft reported the topping out of Extell Development‘s 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building’s 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms.

Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.

Find out if you qualify here