Are there enough renters in this world to fill the booming supply of high-rises opening in neighborhoods like Downtown Brooklyn, Fort Greene and the Far West Side? There'd better be, or this golden era of blinged-out buildings is going to end on a downer! Say hello to 505 West 37th Street?er, make that 505W37?twin towers designed by Handel Architects that are pumping 835 new apartments (studios, 1BRs and 2BRs) into the Far West Side/Hudson Yards area that recently added fellow behemoths Ohm, Silver Towers and, oh yeah, this project's sister building across the street. (Reps for developer TF Cornerstone say that one is now 100% leased.) It's been a year since we checked in on construction at 505W37, and now it's done. So what are the apartments going for?
Prices begin at $1,821/month for a studio, $2,533 for a 1BR and $3,706 for a 2BR. You can bet your bippy that the higher-floor units with river views and the apartments with private terraces will be going for a pretty penny more. As for the increasingly competitive amenities arms race, here's what 505W37 is offering, per a press release:
505W37’s central amenity area includes a Wi-Fi enabled clubroom with a café and TV lounge; a catering kitchen; a fully equipped 2,000-square-foot fitness center with low-impact flooring; card-operated laundry; 24-hour attended lobby; and Web-enabled concierge and valet services. Two landscaped courtyards and a pair of beautifully landscaped roof decks bring a park-like feel to the building. The second floor terrace includes several seating areas, reflecting pools and a wide variety of tall trees, shrubs and flowers, while the 37th-floor roof deck features a kitchen, lounge areas, billiards room, library and screening area.That's plenty of peace and quiet, though in this neighborhood, there's no shortage of the stuff. In fact, sometimes it seems like this 'hood has nothing but new luxury rental towers, which might be why TF Cornerstone put together this promotional video to sell folks on the surroundings. Convinced?
· 505W37 [505w37.com]
· 505 West 37th Street coverage [Curbed]