New rental developments coming soon to Queens, Staten Island and the Bronx
Developers are flocking to the boroughs - especially to Queens - and adding new and exciting inventory to the rental market.
New development rentals aren't just rising in Brooklyn or Manhattan (though they do have more of them). The other boroughs are seeing their share, too. Like many other projects, plenty are amenity-heavy, kicking in renters’ incentives, highly desirable parking options, and increasingly unusual features like urban gardens and even an apiary (!).
Queens
The Independent
Contains 48 units, a gym, lounge, courtyard with Grill and roof deck with outdoor shower. They also have bike storage and storage units available.
Address: 42-14 Crescent Street, Long Island City
Pricing: TBA
Availability: Leasing launch is slated for late September, with occupancy late October.
Developer: Meadow Partners; MNS is handling the marketing and leasing.
Astoria Central
110 units comprised of studios, one-, two-, and three-bedroom apartments, some featuring private outdoor space. Amenities include a lounge, gym, courtyard/terrace with barbecue grills and a yoga studio. Additionally, Astoria Central will include 22,925 square feet of retail space and 133 subterranean parking spaces.
Address: 31-51 31st Street, Astoria
Pricing: TBA
Availability: Slated to launch in September with applications accepted for October occupancy.
Developers: Treeline, Glenmont Capital Management and B31 Astoria Development LLC; MNS handles the marketing and leasing.
Tower 28
477 units in a 57-story tower featuring a cinema room, children’s playroom, common terrace, fitness center, spa room, sauna and steam room, party room, storage, private indoor parking, and a pool.
Address: 42-12 28 Street, Long Island City
Pricing: TBA
Availability: Leasing launch is slated for fall.
Developer: Heatherwood Communities is in charge of th eproject; MNS handles marketing and leasing.
1 QPS
391-unit building with amenities including a fitness room and yoga area, a rock climbing wall, a communal kitchen, a game room, library, a children’s playroom, work area, and communal laundry and bicycle storage rooms, among other. There are two landscaped and furnished two rooftops, one with a pool.
Address: 42-20 24th Street, Long Island City
Pricing: Prices will range from mid to high $2,000s for studios, low- to high-$3,000s for one-bedrooms, and mid-$4,000s to mid-$5,000’s for two-bedrooms.
Availability: Fall launch and occupancy
Developers: Property Markets Group and New Valley Realty; marketing and leasing by Douglas Elliman Development Marketing.
44-72 Eleventh
105-unit pet friendly building with amenities including bike storage, a fitness center, a virtual doorman, a landscaped courtyard, laundry rooms, on-site parking, and available off-site storage.
Address: 44-72 Eleventh, Long Island City
Pricing: Prices will start at $2,250 for studios, $3,050 for one-bedrooms, and $3,895 for two-bedrooms.
Availability: Occupancy started in July.
Developer: Ekstein Development Group; leasing by MNS.
Aurora
132 rentals in a 30-story, mixed-use tower with a public parking garage, and a 160-room Courtyard by Marriott hotel. Amenities include a fitness center, residents’ lounge, rooftop sun deck, catering kitchen, private storage, and bicycle storage.
Address: 29-11 Queens Plaza North, Long Island City
Pricing: One-bedroom units begin at $2,570, two-bedroom units begin at $3,650 and three-bedroom units begin at $5,100
Availability: Occupancy August 2016
Developer: G. Holdings is in charge of the project; marketing and leasing by Douglas Elliman Development Marketing.
The Bronx
St. Augustine Apartments
A 12-story, 112-unit rental building in the Fairmont/Claremont Village section of the Bronx. Amenities include on-site parking, a landscaped terrace, a community room, and bike storage.
Address: 571 East 167th Street
Price: TBA
Availability: Estimated launch date is February 2017; building opens fall 2017
Developer: St. Augustine Apartments LLC (c/o the New York Institute for Human Development Inc.)
Staten Island
URBY Staten Island
900-unit rental development featuring an outdoor pool, a 5,000 square foot communal urban garden with a farmer-in-residence, communal kitchen with chef-in-residence, apiary with beehives, a bike room, a two-floor fitness facility, wifi enabled green spaces, courtyard with fire pits, and keyless building and apartment entry. Renters receive 2 months free when signing a 14-month lease.
Address: 7 & 8 Navy Pier Court Staten Island
Prices: Studios from $1,508, one-bedroom units from $1,933, and two-bedroom units from $2,507—all with the two-month rent discount)
Availability: Leasing begins summer of 2016
Developer: Ironstate is in charge of the project; marketing and leasing by the Marketing Directors.
Lighthouse Point
A 13-story, 116-unit rental development in the St. George section of Staten Island with studios, and one- and two-bedroom residences. Amenities include a residents’ lounge, landscaped waterfront esplanade and patio, common roof deck, and on-site parking.
Address: 5 Bay Street
Pricing: TBA
Availability: Summer 2017
Developer: 5 Bay Street Phase 3 LLC; marketing and leasing exclusively through Citi Habitats New Developments
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