- Two-Tower Hell’s Kitchen Rental Debuts with Impressive Leasing Special [link]
- More Than Views – A Closer Look at Jersey City’s 53-Story Rental, Journal Squared [link]
- No-Fee Apartments with 2 Months Free at 507 West Chelsea, Luxe Living on the High Line [link]
- New Harlem Rentals Debut on 125th Street; Apartments from $1,994/Month [link]
- $1,000 Deposits at Murray Hill High-Rise 300 East 39th Street [link]
- New Bushwick Rental Launches with Leasing Special; 1-Bedrooms from $2,400/Month [link]
- A Look at The Brooklyn Zinc, New Prospect Heights Rental Ready for Launch [link]
- Factory Converted Apartments at DUMBO’s 30 Washington Street Listed with 1 Month of Free Rent [link]
- Skyscraping Apartments at EOS in the Heart of Manhattan Offer 1 Month Free [link]
- Loft Living at DUMBO’s 99 Gold; Apartments Available with 1 Month of Free Rent [link]
- Upper East Side Post-War Tower Offers 1 Month Free on Renovated Apartments [link]
- The Giovanni in Downtown Brooklyn Offering New Leases with 1 Month of Free Rent [link]
- Financial District High Rise ‘The Lara’ Offers 1 Month Free on Select Units [link]
- One Month Free on Select Units at Harlem’s Eco-Friendly Rental, Tapestry [link]
- Midtown Rental Skyscraper ‘Tower 31‘ Offering One Month Free or One Month OP on Select Leases [link]
- Leasing Launches at 531 Myrtle Avenue; First to Open for New Clinton Hill Rental Duo ‘Myrtle & Steuben’ [link]
- Month of Free Rent at The Giovanni, 81 Fleet Place in Downtown Brooklyn [link]
- SLCE-Designed Downtown High Rise, The Lara, Offering One Month Free on Select Units [link]
- Two Months Free at EOS, 47-Story NoMad Rental with Modern Residences + Top Tier Amenities [link]
- Live in the Heart of the Theater District at 420 West 42nd Street, Now Leasing with 1.5 Months of Free Rent [link]
- One Month Free with New Leases at The Grand Tier in Lincoln Center [link]
- Inspired Rentals at Leonard Pointe in Williamsburg Offering One Month of Free Rent [link]
- Clinton Hill’s 535 Classon Avenue Offering Two Months Free [link]
- One Month Free on Select Units at Clinton Hill’s 163 Washington Avenue [link]
- Grand Opening of Crown Heights Rental at 505 Saint Marks Avenue [link]
- Prism at Park Avenue South is Offering Renters Locked-In Rates for Two Years [link]
- Bedstuy’s 818 Lexington Avenue Now Offering No-Fee Rentals and Two Months Free on Select Leases [link]
Google Earth rendering of the new residential buildings going up in Downtown Brooklyn, via CityRealty.com
This time last year, 6sqft shared a report from CityRealty.com that detailed how Northern Brooklyn would be getting a staggering 22,000 new apartments over the next four years, with the majority, 29 percent or roughly 6,500 apartments, headed for Downtown Brooklyn. The trend has kept up, as the Times reports today that this number of units is concentrated among “19 residential towers either under construction or recently completed along the 10-block section of Flatbush stretching from Barclays Center north to Myrtle Avenue.” Another 1,000 units are coming to four buildings on Myrtle Avenue, and all of these are overwhelmingly rentals. In fact, 20 percent of the entire city’s rentals that will become available this year and next are in the neighborhood. But many believe this rental boom is fast approaching a glut that will cause prices to soften in a saturated market.
John Catsimatidis’ Big Apple Group has kicked-off leasing for The Giovanni, the latest addition to a quartet of rental buildings ushering in more than 1,000 units along a once underutilized section of Myrtle Avenue. Located at 81 Fleet Place within the crossroads of bucolic Fort Greene and thriving Downtown Brooklyn, the recently finished 15-floor building is comprised of 205 no-fee apartments with retail space along its lower levels.
Like its sister buildings, the Andrea and the Margo, Dattner is the building’s architect and the firm has configured a mix of studio, one- and two-bedroom apartments, many featuring balconies or roof terraces.
Patience is a virtue; one that billionaire tycoon and former mayoral candidate John Catsimatidis clearly has in droves.
Cats demonstrated this when he had the foresight to purchase a block of land on Myrtle Avenue in Fort Greene, over 30 years ago, back when the street was appropriately nicknamed Murder Avenue. Not many people would have seen the value in property in an area where Cats jokes that he had to carry two guns “just in case one of the guns runs out of bullets”. However, Cats saw it as a worthy investment. And boy was he right. A few decades and a change of zoning laws have allowed Cats to turn this once terrifying spot into the building site of 4 residential skyscrapers with retail stores on the ground floor. Not a bad deal for a piece of property purchased for under a million dollars says the understatement of the century.