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Tour the model rentals at One Hudson Yards, the megaproject's latest lavish residence

Just a little over a week after leasing got underway at Hudson Yards’ über- pricey rental building , One Hudson Yards, 20 percent of the apartments here have already been leased. As the building prepares to welcome its first residents at the end of this month, Curbed had a chance to tour a couple of model apartments at the 33- story rental located at 530 West 30th Street , between Tenth and Eleventh Avenues. The tour kicked off in the lobby and was led by the interior designer on the project, Andre Kikoski; the lobby is very emblematic of all the sculptural elements present throughout the building (and the model units), and some of the pieces that really stand out here are the bespoke chandelier, which is comprised of 400 hand blown glass pieces ; and a 25-foot-long wall of cast bronze panels , which Kikoski described is created when “Molten bronze is poured over natural linen fabric ; as the loosely gathered linen vaporizes , the process imparts the toothy texture of the fabric in a...

NEW DEVELOPMENT: Leasing underway at One Hudson; New look for Sutton classic

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● RELATED RENTALS Leasing launched at One Hudson Related Rentals announced the launch of leasing at One Hudson Yards, its 33- story luxury rental building at 530 West 30th Street . The tower features architecture by Davis Brody Bond , layouts by Ismael Leyva Architects and interiors by Andre Kikoski Architect . Benjamin Joseph, executive vice president at Related Companies , said, “The building provides a comprehensive lifestyle experience with best-in-class amenities and a prime location on the High Line at Hudson Yards.” The stone and glass building overlooks Heatherwick Studio ’s interactive design piece Vessel and The Shed, a new center for artistic invention designed by Diller Scofidio + Renfro in collaboration with Rockwell Group . One Hudson Yards has 178 apartments ranging from one- to three-bedrooms with one four-bedroom home on the penthouse level. Each apartment has 10 ft. ceilings, wide- plank grey oak floors , and extra-tall windows, a modern curtain wall façade an...

JRK Property Holdings Adds to Chicago Multifamily Portfolio with 504-Unit Acquisition

LOS ANGELES, CA - JRK Property Holdings has acquired Clover Creek , a 504- unit apartment community in suburban Chicago in a transaction brokered by HFF.Built in 1986, Clover Creek is located in Lombard, IL, a premier suburban Chicago submarket in the heart of DuPage County, 30 minutes west of downtown Chicago.   Clover Creek also benefits from its proximity to the Illinois Technology and Research Corridor (ITRC), one of the principal economic centers in suburban Chicago and the home to the headquarters of seven Fortune 1,000 companies.   Clover Creek is located 10 miles west of the ITRC along I-88.  Clover Creek offers a variety of one-, two- and three- bedroom floor plans in seven, four-story and two, two-story buildings on a low-density 34-acre site.   Common area amenities include a swimming pool, playground, soccer field, volleyball court, bark park, and clubhouse with Internet café, fitness center and business center.  With approximately 60% of units still in origina...

Bascom Buys 624-Unit Apartment in Las Vegas

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Las Vegas—The Bascom Group has acquired Eagle Crest Apartments , a 624-unt Class A garden- style community located at 5850 Sky Pointe Drive in Las Vegas. CBRE Group Inc. represented the seller in the transaction, and debt financing was provided by OneWest Bank and arranged by CBRE Capital Markets . Eagle Crest was built in two phases from 1996 to 1997, and consists of 42 two-story buildings on 31 acres. The 354, 000 square foot Centennial Hills Hospital is located less than three miles from Eagle Crest. The transaction was the 11 th apartment acquisition that Bascom has completed in 2013. “ Eagle Crest represents a great opportunity to acquire a well-maintained asset that has strong value-add potential in the amenities and interiors,” says Scott McClave, principal at Bascom. “This is our bread and butter, to purchase existing assets and upgrade the property to create an enhanced living situation for our residents.” Greystone provides $24.3M for luxe Louisiana rental Houma, La.—G...

How much rent does an expat pay and are they happy renting in the capital?

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Recent data shows that the average rent-to-salary ratio in Beijing is 58 percent. Some expats say they are not surprised because rent is expensive in Beijing. Photo: IC Helena Javitte, 28, from France has just moved into her new apartment in Xinyuan Xili in Chaoyang district. It is her third apartment in her four years in Beijing. For Javitte, who works at Sanlitun SOHO and commutes via scooter, a convenient location is the top priority, followed by the apartment and its price in that order. Her rent is about 40 percent of her wages, but she thinks it's worth the convenience. "I'm willing to spend more money than average on the apartment," she said. According to a recent report released by Shanghai-based E-house China R&D Institute, the average rent-to-income ratio in Beijing is as high as 58 percent, followed by Shenzhen, Guangdong Province with 54 percent, Sanya, Hainan Province with 48 percent and Shanghai with 48 percent. The figure has triggered discussions...

Issa’s ‘Insecure’ apartment is real — here’s what it costs

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Issa Rae isn’t the only star of HBO’s buzzy “Insecure.” Rae’s on- screen Los Angeles rental complex — a tan-and sage- colored development named the Dunes — also appears in a number of scenes in the show. It’s where she lives, fights and makes up with now-ex-boyfriend Lawrence (Jay Ellis) until he packs his bags and moves out at the end of the first season. It’s also where she hosts a party for friends, until some neighbors — members of the Bloods gang — arrive and promptly start a fire in her garbage can. Rae and “Insecure” actor Jay Ellis inside their fictional apartment at The Dunes. These scenes are fictional, but the real estate isn ’t. Now, fans of the show can grab a home there — and hopefully live with drama-free leases. The Dunes — a two-story, 52-unit development that was built in 1961 — has recently added a handful of units to the rental market, according to documents spotted by The Post. The building is located at 709 N. Inglewood Ave. in Inglewood, an enclave southwest of...

Inside the River House Apartments » Urban Milwaukee

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Sign-up for the Urban Milwaukee daily email River House Milwaukee’s newest luxury apartment complex is open for business. Residents have begun moving into the River House, a two- building apartment complex at 1785 N. Water St. consisting of 243 units. Developed by Atlanta- based Atlantic Realty Partners , the project marks the first entry into the city for the firm founded by two brothers originally from Whitefish Bay. The company, which has developed approximately 8,000 rental units across the country, has a handful of other developments in the Milwaukee area , including a cluster of buildings on W. State St. in Wauwatosa. I toured the complex in late January with property manager Alexis Criscimagna and Atlantic Realty Partners project manager Matthew Schossow . Criscimagna was upbeat, the first two units had residents and 17 leases were signed. The model units were recently finished and one floor a month was coming online in the first, six-story building. The second building will ...

Washington REIT Breaks Ground in VA

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Washington Real Estate Investment Trust is developing The Trove, a 401- unit apartment community in the Columbia Pike corridor of Arlington, Va. Two years ago, Washington REIT acquired The Wellington, three buildings constructed in 1961 on a 14-acre site, with a total of 711 apartments. After the sale, Washington REIT began an extensive renovation program , which is still underway. “We call it The Trove because it will be a treasure trove of desirable features that will set it apart from other new apartments in the Columbia Pike neighborhood ,” Nicole Morrill, Washington REIT ’s senior director of development, told MHN . “ In addition to offering abundant and unique amenities , the Trove will also appeal to renters because it will provide a location that is both convenient and accessible yet also a bit quieter than that of competing apartments given its perch overlooking the Army Navy Country Club .” When completed in 2019, the property will include three new seven-story buildings...

New housing project, Falcon Ridge debuts

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Falcon Ridge Apartments are near the Talons Pointe Apartments ." alt="Located on Soaring Circle, Falcon Ridge Apartments are near the Talons Pointe Apartments ." style="border: 0px;" /> Located on Soaring Circle, Falcon Ridge Apartments are near the Talons Pointe Apartments . ( Scott A. Rowan / Estes Park Trail-Gazette ) Correction Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families." alt="The Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families." style="border: 0px;" /> The Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families. ( Scott A. Rowan / Estes Park Trail-Gazette )             In a story that was published in the Trail-Gazette on Wednesday, July 20, it was incorrectly reported that the Estes Park Town Board will ...

Wood Partners and Golub & Co. Break Ground on Lake+Forest Apartment Community in Oak Park, IL

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Lake+Forest A joint partnership between Wood Partners, LLC and Chicago-based Golub & Company recently broke ground on a 1.6-acre, 270- unit luxury rental community in Oak Park, Ill. Lake + Forest consists of a 21-story, 240,000-square- foot building located on Forest Ave. in the suburban village of Oak Park, and is designed by award- winning architecture firm Gensler . The building will occupy the site of a former city- owned parking structure , according to a news release. Lake + Forest will feature 124 one-bedroom units, 106 two-bedroom units, roughly 25,000 square feet of retail and office space facing Lake Street , as well as 288 private and 300 public parking spaces . Amenities include a fitness center, storage areas, a large outdoor deck , expansive hotel-quality lobby, and onsite car-sharing service. Each unit will feature stainless steel appliances , solid-surface countertops, vinyl plank flooring , floor-to-ceiling windows, washer and dryer, while select units will also...

Willow Springs Apartments sells for $13M

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities include walk -in closets, dishwashers, storage rooms and priv...

• Seven Springs Apartments • Atlanta • Georgia • 7springsatlanta.com

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Colliers International Completes $13M Sale of 468-Unit Willow Springs Apartments in Phoenix, Arizona

PHOENIX, AZ - Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot).Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities inclu...