East Houston megaplex Avalon Chrystie Place has launched a flashy revamped website. Besides showing off the uptown view of the unfinished Sculpture for Living in Astor Place (right), it reveals the rents you're invited to pay when signups start April 20 for estimated residency in June:
Apartment Lease Rates
Studios from $2150, One Bedrooms from $2850, Two Bedrooms from $4200If the financials of this place intrigue you, we direct you to a Bear Stearns report on parent company AvalonBay Communities. The report includes a feature section on Avalon Chrystie Place with tidbits like "unexpected development challenges: cemetery." The report is downloadable as a PDF, but we've snipped some overview site images, which are presented after the jump along with a report from a Curbed correspondent on related development across the street.
· Avalon Chrystie Place [avalonchrystieplace.com]
· Research Report: AvalonBay Communities [Bear Stearns, PDF]
A Curbed correspondent files a report from Extra Place, across the street from Avalon Chrystie Place on the north side of East Houston: "Report from 1st and Bowery: The Phipps Houses Extra Place Apartments portion of the Cooper Square Urban Renewal Area development received their first delivery of fresh concrete for the new foundation a few weeks back. 1st floor retail and 41 affordable units."
Site plan images of the entire Avalon complex: