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Croman Agency rents up.

Croman Agency rents up

Croman Real Estate, which specializes exclusively in residential rental brokerage, reports that both the Mandarin Plaza, at 376 Broadway in Tribeca, and the Grand Chelsea, the luxury apartment tower at 270 West 17th Street in Chelsea, are rapidly approaching 100 percent occupancy.

"The response to these buildings, particularly from the yuppie and NYU communities, has been exceptional," said real estate executive Steve Croman, who reports that only a handful of apartments are still available.

Croman Real Estate took over the on-site renting assignments less than three months ago. The buildings contain a combined total of over 320 apartments.

Rents at Mandarin Plaza start at $900 for some studios and go all the way up to $2,000 for the largest two-bedroom units. At Grand Chelsea, rents range from approximately $1,300 for one-bedroom apartments to $1,750 for two-bedrooms.
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Title Annotation:its Mandarin Plaza and Grand Chelsea approaching 100% occupancy
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Dec 11, 1991
Previous Article:W. May Company moves to 529 Hudson Street.
Next Article:Crow Construction undertakes executive restructuring.

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