Spring is just around the corner, which can only mean one thing: the real estate market is about to pick up, and quickly. And of course, that can only mean one thing for Curbed NY: it's time to look at the many, many, many apartments—both rentals and condos—that will be hitting New York's real estate market in the next few months. Across more than 40 developments, there are starchitect-designed buildings (your Viñolys, Meiers, and SHoPs among them) and apartments in some of the city's most anticipated megaprojects, along with under-the-radar outer-borough rentals and "affordable" apartments. It's a lot to take in, and as always, if we missed anything, the tipline is right this way.Read More
New NYC apartments hitting the market: spring 2017
See the more than 40 developments that will hit the market this season
125 Greenwich Street
This Financial District tower developed by Bizzi & Partners and designed by Rafael Viñoly has been poised to hit the market for at least half a year, but new estimates place its sales launch in the spring. The forthcoming 88-story tower is poised to bring 273 studios to three-bedrooms to the market. There’s no intel on pricing just yet, but the building’s teaser site says interiors will be “customizable.” Like always, this one’s shrouded in mystery.
American Copper Buildings
Another SHoP Architects and JDS Development joint—but instead of pricey condos (as with 111 West 57th Street), the twisty towers on the East River waterfront are pricey rentals. A handful of those apartments, priced from around $3,000/month for a studio, quietly hit the market at the end of February, with more to follow this spring. Aside from its very distinct copper-clad exterior, a standout feature at this rental project is the skybridge connecting the two towers, which is home to amenities like a 75-foot lap pool, a lounge and bar, a hammam, and a kids’ playroom.
121 East 22nd
Toll Brothers City Living tapped Rem Koolhaas’s OMA Architecture for the condos at 121 East 22nd Street, marking OMA’s first residential commission in NYC. (Koolhaas is not leading the project—it’s helmed by OMA partner Shohei Shigematsu.) The 133-condo building hit the market in February, with studios to five-bedrooms with price tags ranging from $1.3 million through $10.5 million. The building’s geometric facade is enough to command the attention of any passerby; a press release says its “three-dimensional, prismatic corner” is inspired by the building’s location at the intersection of two neighborhoods: Gramercy and Flatiron.
45 Park Place
Soho Properties head honcho Sharif El-Gamal has been trying to develop this site, along with its next-door neighbor at 51 Park Place (most famously known as the proposed site of the “Ground Zero mosque,” aka Park51), for years. And it looks like he’s finally getting there: Sales are due to launch on 45 Park Place, a 43-story skyscraper, in April. The building will have just 50 one- to four-bedroom condos (starting at $1.9 million) when completed; a new Islamic cultural center and museum, designed by Jean Nouvel, is also part of the final design.
What was once a parking garage at the corner of Mulberry and Kenmare Streets is now turning into a multimillion-dollar condo with interiors by Lenny Kravitz’s firm, Kravitz Design. Sales launched in the last week of February, with prices starting from just under $1.7 million. The DHA Capital-developed condo features just 38 residences, which come in one- to four-bedroom variations. DHA purchased the parking garage site in the summer of 2015 for $50 million, and then brought on Andre Kikoski Architect for the exteriors and Kravitz for the interiors. So invested is Kravitz (a Nolita resident himself) in the project that he’s even created a guide to the neighborhood for incoming residents.
325 Kent Avenue
Three years after the Domino Sugar Refinery redevelopment was approved, the primary residents to call the Williamsburg megaproject home will arrive. The first building to rise within the waterfront development, SHoP’s doughnut-shaped rental at 325 Kent Avenue, will begin welcoming tenants this summer to both its affordable and market-rate apartments. The 104 affordable units have already gone through the city’s affordable housing lottery (87,000 people applied, so if you were one of them, good luck with that), but pricing and further details for the market-rate pads (developed by Two Trees) are TBD.
The 62-story rental within Brookfield’s Manhattan West development seems to get its name from a portmanteau of “you generation”—as in, “Welcome to the you generation,” a slogan splashed across the landing page of its website—meaning “thoughtful, eclectic and stunning interiors combined with unparalleled amenities,” according to the website copy. (Okay!) The architect of record is Skidmore, Owings & Merrill, while the interiors are being done by Roman & Williams, the buzzy design team behind the Fitzroy and countless celebrity homes. Boutique fitness firm La Palestra will bring one of its high-end gyms to the building, and other amenities will include a 4,000-square-foot roof deck on the building’s top floor and a ground-level terrace connecting the building to Two Manhattan West. Market-rate prices are still TBD, but we’ll find out any day now.
Co-living startup Common expanded its Brooklyn empire even further this year by partnering with real estate firm Adam America on a new project in Boerum Hill. In the largest project it’s taken on yet, Common Baltic features private studios and one-bedroom apartments, with rents starting at $2,000/month for the shared spaces, $2,825/month for a studio, and $3,295/month for a one-bedroom apartment. There’s also a spate of amenities, such as free Wi-Fi, common areas, bike storage, and a “House Leader” (kind of a cross between a superintendent and an RA) who helps residents with problems. Baltic is one of three Common residences due to welcome residents in 2017…
The second, on Herkimer Street in Bedford-Stuyvesant, has room for 18 residents, with shared apartments starting at $1475/month. This home comes with several common areas that could function as workspaces, including a den and a “quiet study.”
And finally, Common Kingston in Crown Heights has the same model, with slightly higher prices: Its shared apartments begin at $1600/month. This one, located in a red brick building, has space for 21 residents, and features a common dining room.
49 Chambers Street
The landmarked Beaux Arts building at 49 Chambers Street is going condo, with apartments beginning at just under $2 million. Developer Chetrit Group picked up the property from the city in 2013 and enlisted Woods Bagot to do a complete restoration. (The Marketing Directors is on sales.) Once converted, the historic 17-story building will consist of 99 one- to three-bedroom condos that are each no smaller than 1,000 square feet. According to a press release, many of the condos—which start high above street level—come with treetop views of City Hall Park.
The first tower among the massive Journal Squared development, due to bring 1,838 apartments to Jersey City, is nearly complete. Standing 563 feet tall, the KRE Group and National Real Estate Advisors-developed building is a rental, designed by Hollwich Kushner and Handel Architects, and offers studios beginning at $1,800/month, one-bedrooms from $2,100, and two-bedrooms from $3,200. Among the amenities included in the Phase One tower are a sundeck, a sky lounge with views of the NYC skyline, a pool, and more. Leasing is expected to launch in March.
Talk about star-studded: Richard Meier, Rafael Viñoly, and Kohn Pedersen Fox have all been brought on to design a residential enclave dubbed Waterline Square, a five-acre site between West 59th and 61st streets that was once a dream project for Extell Development. It’s still in the early stages, but we do know that each of the three buildings being developed by GID Development Group will have rentals on their lower halves and condos up top. The development will also have 100,000 square feet of athletic, leisure, and lifestyle amenities, though specific details for those are still TBD. Condos are expected to launch sales sometime this spring.
CBSK Ironstate’s latest development, the Lindley, is a 74-unit condo building designed by Rawlings Architects. The 20-story full-service building is said to emphasize “sensible living,” and apartments range from studios to three-bedrooms. Building amenities will include a lounge, a fitness center, 24/7 concierge service, and a rooftop garden with grilling areas overlooking the city skyline. Sales, which are handled by the Marketing Directors, will be launching any day now.
Park and Shore
Jersey City’s pair of “ultra-luxury” condo buildings, developed by Strategic Capital, will bring 429 apartments to the waterfront, though with Manhattan price points. The first tower, 75 Park Lane, will rise 37 stories and contain 358 apartments ranging from studios to three-bedrooms, along with some penthouses. The second building, Shore House, will be adjacent to 75 Park Lane and will feature "the industrial style found in Tribeca and Brooklyn." It’ll have significantly fewer units, with just 71 one- and two-bedroom apartments. Woods Bagot, who conceived New York City’s Baccarat Hotel, is the project’s architect and interior designer. Sales are expected to launch sometime this year.
The Greenpoint is a collaboration between Mack Real Estate Group, Palin Enterprises, and Urban Development Partners. Located at 21 India Street, the Ismael Leyva Architects-designed building stands a massive 400 feet tall, making it Greenpoint’s tallest building (for now). The project’s 463 apartments will be split between 95 condos and 368 rentals that range in size from studios to three-bedrooms, though some of the rentals will be housed in a shorter adjacent building. Aside from the residences, the development will have 12,000 square feet of open space, and 30,000 square feet of amenities that have yet to be revealed. Pricing is also a mystery, but sales and leasing should be launching in the spring.
535 Carlton Avenue
One of the fully affordable buildings in Brooklyn megaproject Pacific Park, the COOKFOX-designed rental at 535 Carlton Avenue offers 298 affordable and rent-stabilized apartments to residents earning up to $173,000. The building’s affordable housing lottery launched in July with studios priced from $532 up to three-bedrooms priced from $3,695. Residents of the building will have access to a variety of nice yet standard amenities, like a gym, a kids’ playroom, and a residents’ lounge, as well as the benefit of proximity to Brooklyn’s newest park.
38 Sixth Avenue
Forest City Ratner Companies and SHoP Architects teamed up for the 303-apartment affordable and rent-stabilized building at 38 Sixth Avenue. The building’s lottery opened in January, unlocking studios to three-bedrooms with prices ranging from $548 to $3,716/month for residents earning up to $173,000 annually. The building, which sports a gym, a pet-grooming station, a yoga studio, and a game room on each floor, will open this spring.
Jersey City Urby
After introducing an amenity-packed development in Staten Island in 2016, Urby is heading across the Hudson. Jersey City Urby, developed by Ironstate Development and Roseland Residential Trust, is a 69-story skyscraper, one of New Jersey’s tallest towers, and features a whopping 762 apartments. Designed by Dutch design firm Concrete, the tower offers studios with rents from $2,000/month, one-bedrooms starting at $2,300/month, and two-bedrooms from $3,400/month. The first set of tenants will arrive in April.
Yet another luxury project is taking shape in Jersey City. Designed by Miami-based firm Arquitectonica, Ellipse is a 41-story building with 381 rentals, each equipped with fancy features: quartz countertops, stainless-steel appliances, en suite washers and dryers, and personal climate-control systems. Leasing will kick off in April, with studios starting at $2,600, one-bedrooms at $3,200, two-bedrooms at $4,300, and three-bedrooms at $5,300. The building will also offer four-bedrooms and a variety of penthouse-style apartments, but pricing for those has yet to be revealed.
22 Bond Street
After launching sales just a month ago, the pricey condos in this Nolita building are getting ready to welcome the first batch of residents. The 11-story project was developed by Richport Group and Second Development Services, and features just six three-bedroom apartments with prices beginning at $8.95 million. The slender building comes with a 2,500-square-foot interior courtyard designed by Future Green Studio.
The 36-story curvy glass building at 225 East 39th Street, designed by Handel Architects, recently wrapped up construction and launched leasing for its 297 apartments. The Fisher Brothers-developed tower is LEED-certified and comes with interiors from the Rockwell Group. The building has an amenity floor known as the Club Level (of course it does), which includes a library, a conference center, personal workstations, a catering kitchen, and a game room. Apartments range from studios to three-bedrooms, and start renting at $3,115/month. The building’s 75 affordable units have already been allocated through a lottery.
Myrtle & Steuben
In Clinton Hill, what was once a White Castle is now a pair of rentals designed by AB Architekten. The sister buildings were developed by Greystone, and combined, they bring 78 studios, one-, two-, and three-bedroom apartments to Myrtle Avenue. Myrtle is the smaller of the two buildings and offers 400- to 895-square-foot apartments starting at $2,300/month, while the larger Steuben has 49 slightly more spacious apartments, going up to 1,140 square feet. Leasing for Myrtle launched in January and should begin for Steuben sometime in late spring.
Nearly a year after this massive rental topped out, leasing is expected to get underway, with apartments starting from $2,970/month. The stepped tower features a total of 392 units, 79 of which are affordable. The two-building rental was designed by Handel Architects, and will come with a plethora of amenities including a pet spa, golf simulators, and a screening room. Developed in collaboration between Taconic Investment Partners and Mitsui Fudosan, construction on the site got underway in the summer of 2015 and is expected to wrap up in the coming months.
69 East 125th Street
It’s been a pretty quick start-to-finish process for this 75-unit rental building in East Harlem. Developed by Greystone Development, this site began construction in February 2016, and by November of that year, the 12-story building had mostly been fitted with its facade. Though the pricing on the units has yet to be revealed, leasing is expected to get underway sometime toward the end of spring this year. The tower was designed by Kutnicki Bernstein Architects with interiors by Lauren Jayne Design.
Prolific Brooklyn architect Karl “Hot Karl” Fischer is designing this 71-unit condo in Flatbush, just a few blocks away from Prospect Park. Prices will range from $430,000 to $1.2 million, with MNS handling the sales and marketing on the apartment building. Developed by Metropolitan Homes, the condo topped out last January. Sales are expected to begin sometime this month.
363 Bond Street
The second of Lightstone Group’s massive Gowanus Canal-grazing rentals is expected to launch leasing sometime next month. The first rental building, at 365 Bond, hit the market last March and welcomed its initial residents later that summer. Like its neighbor, 363 Bond was designed by Hill West Architects (formerly Goldstein Hill West), and it’ll come with 268 apartments along with amenities like a children’s playroom, a gym, and a swimming pool. And it’s unlikely that the rental project’s, um, unconventional location—right next to a Superfund site—will deter people; as many as 56,000 applied to live in 365 Bond’s 86 affordable apartments.
265 E Houston
This 10-story Lower East Side condo, developed by Central Construction Management, has just seven apartments: six two-bedrooms and one three-bedroom duplex. Each unit comes with private outdoor space, and prices start at $2.45 million. The Defonseca Architects-designed condo has been a long time in the making, and things got off to a rocky start when construction work accidentally destabilized a neighboring building. With all that in the past, sales are expected to get underway in mid-April, and are being handled by MNS.
16-14 Madison Street
Perhaps most notable for being Ridgewood’s biggest new residential project, this rental project features 89 apartments that range from studios to two-bedrooms. Developed by Essex Capital, this site began construction just a little over two year ago, and now leasing is expected to begin sometime in early spring (also being handled by MNS). Prices haven’t been revealed yet, but the building will include amenities like parking, a laundry room, a rooftop terrace, and an outdoor recreational space. There are also plans for a WeWork-style business center catering to residents.
178 North 11th Street
Developer Great Point Properties has developed a 39-unit rental building that comes in studio, one-, two-, and three-bedroom variations, and amenities include a fitness center and bike storage. Designed by Kutnicki Bernstein Architects, the rental is located a block away from McCarren Park, and future residents will have access to all the new chain stores now lining Bedford Avenue. Leasing and marketing is being handled by MNS, and the rentals are expected to launch in the spring.
3 Journal Square
With all the development happening in Jersey City’s Journal Square area (namely KRE’s Journal Squared and Kushner Companies’ 72-story 30 Journal Square), it’s easy to overlook projects that aren’t being developed by the Kushner family. One such project is 3 Journal Square, whose 240 apartments are set to launch leasing this month, starting from about $1,600/month. Developers Hartz Mountain Industries, along with Panepinto Properties and Garden State Development, brought on Marchetto Higgins Stieve to design the building. Its perks include a playground and a yoga studio with virtual fitness classes.
Developed by Jersey City’s Silverman, this project will see the creation of 99 studio, one-, two-, and three-bedroom apartments. The rentals will be spread out over seven floors, with prices starting at $1,920 for a studio. The project was designed by Marchetto Higgins Stieve and features your standard amenities, like a roof terrace with grills, a children’s playroom, and a fitness club. Leasing is expected to get underway sometime in April or May this year.
Jersey City is coming up in a big way—hello, it did win the Curbed Cup last year—and its seemingly endless stream of new condo and rental towers is not the least of it. Joining the flock in April will be Vantage, a 45-story rental designed by S9 Architecture with a whopping 448 “upscale” apartments. The building, by Fisher Development Associates, will include amenities like an outdoor pool, full-size sports court, and indoor and outdoor screening areas. Apartments, which will range from studios to two-bedrooms, will start at $2,105.
Situated amid the Hudson Yards special district, this 33-story rental tower recently wrapped up construction and is preparing to launch leasing come April. Developed by Imperial Companies, the project has 225 apartments (studios through two-bedrooms) that begin at $3,200/month and feature interiors designed by Ken Fulk. The building itself was designed by Ismael Leyva and BKSK Architects. Residents will be privy to amenities that include a 24-hour concierge, a chef’s kitchen, a fitness center, and a “jam room.”
Affordable housing developer Breaking Ground (nee Common Ground) is behind this 248-apartment below-market-rate building in the West Bronx. Park House, designed by COOKFOX, launched its affordable housing lottery in mid-February, availing studios through three-bedrooms (the bulk of which are two- and three-bedroom apartments). The affordable housing lottery for Park House runs through April 17, and is open to New Yorkers making between 40 and 60 percent of the area median income. Monthly rents for studios start at $494, for one-bedrooms at $532, for two-bedrooms at $646, and for three-bedrooms at $745.
60 White Street
Sorgente Group of America has relaunched sales at 60 White Street, the 1869-built historic building retrofitted by Bostudio into eight posh condos. The building originally appeared on the market in 2014, but two condos hit the market again in February—a two-bedroom asking $4.575 million and a three-bedroom penthouse seeking $9.275 million.
403 Greenwich Street
The development of this Tribeca condo by Colonnade Group has been in the works for no fewer than eight years. It was poised to be the world’s first glass brick building, but that originally proposed Joseph Pell Lombardi design was traded in for a more traditional building by Morris Adjmi in 2011. The four-apartment building is finally poised to hit the market this May. Shocker: the apartments will be expensive, with prices ranging from just shy of $4 million for the three duplex three-bedrooms to $12 million for the five/six-bedroom penthouse.
868 Lorimer Street
An Upper East Side parking garage gave way to this Karl Fischer-designed condo building, expected to hit the market this spring. The condo is the doing of developer Wonder Works with Fimida Enterprises and Mink Development, and comprises 48 one- to three-bedroom apartments. Condos in the building will ask between $900,000 and $4.2 million, with the building seeking a total sellout of just under $88 million. Fun fact: Vitre means window in French.
261 Hudson Street
This Tribeca rental has been in the works for more than a few years, but it’s finally due to hit the market this month. For 261 Hudson, Related has teamed up with Robert A.M. Stern Architects to design a 160-apartment building with a suite of amenities, like a gym designed by Equinox and pet-grooming facilities serviced by Dog City. In typical Tribeca fashion, the apartments are pricey and start at $3,695/month.