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Developer reacts to rental demand.

Greystone Development announced the official start of leasing for Steuben, at 100 Steuben Street in Clinton Hill, Brooklyn.

Steuben is the second of a pair of new luxury rental buildings developed by Greystone. The first, Myrtle, located around the comer at 531 Myrtle, launched leasing in January 2017 and is fully occupied.

Envisioned by AB Architekten, Steuben is an eight-story residential building with 43 studios to three-bedroom units ranging, with some featuring private outdoor space.

The anticipated net effective rents start at $2,000 and are being handled exclusively by Dave Maundrell and his team at Citi Habitats New Developments.

"With the rapid absorption in just four short months for rental units at 531 Myrtle, we are anticipating strong demand for its sister property, Steuben, as well," said Jeffrey Simpson, Head of Greystone Development.

Steuben includes a full range of amenities, including a fitness center with a courtyard view; common rooftop with barbecue; resident media lounge with co-working space and game room; virtual doorman; bike storage; and resident storage.

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Comment:Developer reacts to rental demand.(NEW DEVELOPMENT: GREYSTONE DEVELOPMENT)
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1U2NY
Date:Jul 26, 2017
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