Wednesday, June 13, 2018

In the Financial District, rentals in a glassy skyscraper launch from $2,615/month

The 770-foot skyscraper has 483 rentals spread out over 64 floors

One of the Financial District's largest rental buildings, 19 Dutch, has now launched leasing on its 483 apartments. The Gerner Kronick + Valcarcel (GKV)-designed building soars to 770 feet, and is fully clad in glass. The 64-story building features a mix of studios through two-bedroom homes with net effective rents starting at $2,615/month. Though that seems pricey for a studio, the rents here actually run low compared to the average rent in the Financial District, which sits at $3,153/month for a studio.

Typical apartments at 19 Dutch have floor to ceilings windows, cerused oak floors, kitchens with Bertazzoni appliances, bathrooms that have ceramic tiling and quartz counters, and a Bosch washer and dryer in each unit.

Amenities in the Carmel Partners-developed building include a residents lounge on the top floor, a fitness club that comes with dedicated spaces for boxing, spinning, and yoga; a library with a fireplace; a children's playroom; a demonstration kitchen; and a game room among several other features.

News of the leasing launch is accompanied by several new renderings of the project, including the first interior renderings of the rental, which features interior design by Colum McCartan.

The building also has 97 affordable rentals as part of its overall rental count. The lottery on those launched in February with apartments asking from $788/month. Douglas Elliman Development Marketing is handling leasing and marketing on the market-rate apartments, and the first set of residents will start moving into 19 Dutch on July 1.

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