New York—Gantry Park Landing, the 12-story industrial-style rental property in Long Island City, will begin leasing this summer. The announcement was made by the building’s developer, the Lightstone Group, which has retained aptsandlofts.com as the property’s exclusive leasing and marketing agent.
Situated on Long Island City’s waterfront at 50-01 Second St., Gantry Park Landing is a distinctive boutique rental building offering 199 units in a mix of studios and one-, two- and three-bedroom apartments. The community also delivers an array of amenities, including state-of-the-art fitness center, gaming lounge, clubroom and landscaped roof deck with fireplace and barbecue.
“Gantry Park Landing is a boutique development compared to its neighbors on the Long Island City waterfront,” David Maundrell, founder and president of aptsandlofts.com, tells MHN. “This allows for a more intimate living experience for our residents that does not compromise on the high-end finishes, services and amenities typically found in larger projects.”
Maundrell continues, “The design concepts that are being applied to Gantry Park Landing are unique and unlike any other that have been used in waterfront rental properties to this date. We feel this approach will fill a void in the marketplace for renters.”
Gantry Park Landing is named for its adjacency to Gantry State Park, which extends along Long Island City’s picturesque waterfront.
The apartments at Gantry Park Landing offer refined industrial-style design. “One of the developer’s goals here was to create a development that is distinctive and tips its hat to the industrial past of the area, to which we feel the Long Island City market will gravitate,” Maundrell says.
The design includes a concrete façade accented by floor-to-ceiling double-paned windows with opaque glass accents, and open gray oak and white lacquer kitchens with white stone countertops. Bathrooms feature custom built-in shower mirrors, warm gray vanity and accent tiles.
Interiors are the work of renowned designer Mark Zeff, who has designed homes for major entertainment industry figures, and acclaimed hotels such as the Dream and Hard Rock.
Location is another selling point for Gantry Park Landing. In addition to its proximity to the waterfront and its namesake park, the apartment property is close to dining, retail, green grocers, art galleries and museums. It is also only one short subway stop away from Grand Central Station on the No. 7 train.
The development benefited from fortuitous timing, Maundrell says “The Lightstone Group purchased the land at the perfect time, at the bottom of the market in New York City, allowing for a significant increase in land values alone based on today‘s property sales,” he says.
“Additionally, this was the last market rate site available so close to Long Island City‘s waterfront, making it even more valuable.”