Minrav Development has released the first renderings of the interiors of 368 Third Avenue, which recently topped out in Kips Bay, Manhattan. Designed in partnership by Paris Forino and SLCE Architects, the 35-story condominium tower will debut as “VU” and will comprise 100 individual homes. Accommodations range from studios to three-bedroom spreads with prices expected to start at $840,000 when sales launch this spring.
Residents will also have access to a full-floor amenity suite including a fitness center, communal lounge, and a media room, with more to be announced. To date, the developer has not confirmed a commercial tenant for the 3,000 square feet of retail area on the ground floor.
Rendering of outdoor amenity terrace at VU aka 368 Third Avenue – Unmarked Studio
Rendering of entryway at VU aka 368 Third Avenue – Unmarked Studio
Halstead Development Marketing is exclusively handling sales and marketing for VU. Occupancy is expected for 2021.
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With nearly half of all upper end apartments sitting unsold, it will be interesting to see how another new project sells.
This is the type of development that needs to be occurring in every neighborhood in order for New York City to be affordable to the average New Yorker. The only thing that makes these units upper end is the artificial scarcity of new units in Manhattan for anyone except billionaires.
Bigguy4u u see nyc is 5 boros. Not just manhattan. Ppl in manhattan live in cramped space for high prices.
Go to the bronx. Queens. Brooklyn. U can get a 3 bedroom for the price of a studio on 92nd street 1st avenue.
Only ppl with cheap apartments inherited it from old ppl or bribed someone or are exercising archaic nyc rent laws.
Affordable housing isnt welcomed by developers in lower manhattan. They accept it for the tax credits.
The problem with nyc is the cheap neighborhoods get destroyed by some preppy or starving artist who escalates the rent for regular ppl. There r more ppl than u think inn nyc. Alot of the old folks in the village, ues, etc are broke. But rhey pay 255 for rent. As they moved there in 1965. They live off a small ss check and small pension that doesnt cover inflation.