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Inside the Murray Hill Marquis, LeFrak’s hotel-to-rental conversion

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The former Affinia Dumont hotel is renting from $2,575/month

Photos courtesy Murray Hill Marquis Leasing

There’s been a Murray Hill real estate boomlet of sorts happening in the past year or so, with several new developments, both rentals and condos, rising in the neighborhood. Though the area is largely known as a haven for young, recent college grads, the new wave of residential projects—including, most notably, JDS’s American Copper Buildings—are attempting to buck that trend.

But one of those developments, the Murray Hill Marquis, may likely still attract those who are taking their first post-college baby steps; its 260 apartments are all studios and one-bedrooms, priced from a (relatively) budget-friendly $2,500/month. The project involved taking the former Affinia Dumont hotel, which developer LeFrak acquired earlier this year, and transforming its more than 250 rooms into apartments.

New photos of the model units show off the fruits of that conversion; while there’s no mistaking the parts that are possible leftovers from its past life (PTAC units!), the apartments themselves look less like nondescript hotel rooms, and more like, well, nice apartments.

A studio apartment and kitchen.

The units have gotten new, much nicer kitchens, which come with high-end appliances, Caesarstone quartz countertops, and dishwashers. Floorplans have been reconfigured, with seven different layouts (which you can see on the project’s website); the smallest measures 408 square feet, while the largest is a one-bedroom that’s just over 700 square feet.

A studio apartment.
A bedroom in a one-bedroom unit.

Amenities are, according to the project’s website, “designed to make your busy life a little less, well, hectic,” with the usual perks (fitness center, laundry room) complemented by more millennial-friendly features. Those include a dedicated coworking space, along with a residents’ lounge that has TVs, a wet bar, and more.

Leasing in the building began earlier this month, and many of the units that are available come without a broker’s fee and a month of free rent—no surprise considering the rise of concessions on rentals this year.