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On the Market


Coming in 2013–14

56 Leonard
Price: Not yet determined
Sixty stories in Tribeca, with first-tier architects (Herzog & de Meuron) and a big sculpture by Anish Kapoor out front. It will have 145 units, far more than most new buildings. Spaces from studios to five-bedrooms, plus ten glass penthouses on top, go on sale late this year.

The Charles, 1355 First Avenue
Price: Not yet determined
Construction began for this project at First and 72nd in 2008, then froze. Now the two apartments on each floor have become giant single units (starting at 3,300 square feet), most with three exposures. Prices will range between $5 million and around $15 million.

Baccarat Hotel and Residences, 20 West 53rd Street
Price: Not yet determined
A condo-hotel hybrid in the Time Warner Center mold, right across from MoMA. No word on prices—they’re still pending attorney-general approval—but expect 61 apartments with access to the upscale hotel services.

31 West 15th Street
Price: Not yet determined
Still another slow-to-arrive project, this 355-foot tower on top of Xavier High will house a new-and-improved version of the school; 56 apartments (one- to four-bedrooms) will fill the rest.


... And For Rent

4545 Center Boulevard, Long Island City
Situated on “site number 2” of a big development zone, this building will have 820 units for rent, as well as an extensive suite of amenities. Rents aren’t finalized yet, though the area is drawing about $50 per square foot for this class of building.

816–818 Dean Street, Prospect Heights
Sixteen loftlike apartments, from studios to “two-plus-bedrooms,” with double-height ceilings, will be hitting the market with bike storage and priced from $1,800 to $4,000.

Gotham West, 510–550 West 45th Street
This massive project—it takes up almost an entire city block—will release 1,238 rental units on the market in 2013. About half will be affordable housing; 554 will be market-rate (studios around $3,000, two-bedrooms at $6,200), and there’ll also be condos.

11 Broadway, Williamsburg
Designed by the architecture firm GreenbergFarrow, this 160-unit building was another previously stalled project. Lease signings have just begun; studios are priced at $1,850 a month, one-bedrooms at $2,650, and two-bedrooms at $3,750.


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