Luxury high-rises are setting the bar high for multifamily construction—literally.
RENTCafe, an internet listing service owned by Yardi Systems, scoured their database to find the 10 tallest residential rental buildings completed in 2015 that are now leasing. The shortest building kicked off the list at 375 feet and 33 stories, while the winner clocked in at 656 feet with 71 stories in New York. For reference, that's a little bigger than the size of the St. Louis Gateway Arch, but is still half the size of 432 Park Avenue, its neighbor in the Big Apple and the tallest residential building in the world at 1,396 feet.
Some standouts include 1N4th, the first high-rise rental development on the Williamsburg waterfront in Brooklyn, N.Y., which offers unparalleled views of the Manhattan skyline; Hunters Point South, an affordable high-rise in Queens; The Bowie, a luxury Texas development featuring the highest swimming pool in the state; and One Sixty Madison, an unique octagonal building in Manhattan.
With the help of Google Street View, the team at RENTCafe created interactive slides to showcase how these buildings have transformed the neighborhood and skyline. Just slide the arrow back and forth across the image for a before and after comparison.
10. Level Furnished Living
Location: Los Angeles
Height: 375 ft.
Stories: 33
Rent Range: $4,650-$14,100 / $15,870-$62,970 (hotel rates)
Architect: Martinez + Cutri Corp.
Developer: Onni Group of Companies Ltd.
9. 1N4th
Location: Williamsburg, Brooklyn, New York
Height: 398 ft.
Stories: 41
Rent Range: $2,915-$7,700
Architect: FXFowle Architects, LLP
Developer: Douglaston Development, LLC
8. Hunter's Point South Commons and Hunter's Point South Crossing
Location: Queens, New York
Height: 404 and 354 ft.
Stories: 37 and 32
Rent Range: $494-$4,346
Architect: SHoP Architects, P.C. / Ismael Leyva Architects, P.C.
Developer: The Related Companies, L.P. / Phipps Houses Services Inc / Monadnock Construction Inc
7. State and Chestnut
Location: Chicago
Height: 410 ft.
Stories: 35
Rent Range: $2,205-$3,986
Architect: Solomon Cordwell Buenz Architecture
Developer: Newcastle Ltd.
6. The Bowie
Location: Austin, Texas
Height: 423 ft.
Stories: 37
Rent Range: $1,805-$12,075
Architect: HKS Architects Inc
Developer: Lynd Company / Endeavor Real Estate Group Ltd.
5. The Jasper
Location: San Francisco
Height: 430 ft.
Stories: 39
Rent Range: $3,825-$8,249
Architect: Robert M. Swedroe Architects & Planners / HKS Architects Inc
Developer: Crescent Heights Inc
4. Cirrus
Location: Seattle
Height: 440 ft.
Stories: 41
Rent Range: $1,365-$7,375
Architect: Weber Thompson Architects
Developer: The General Investment & Development Companies
3. One Sixty Madison
Location: New York City
Height: 480 ft.
Stories: 45
Rent Range: $3,785- $14,677
Architect: SLCE Architects, LLP / Philip Koether Architects
Developer: J.D. Carlisle Development Corp.
2. North Water Apartments and Loews Hotel
Location: Chicago
Height: 600 ft.
Stories: 50
Rent Range: $1,899-$13,540
Architect: Solomon Cordwell Buenz Architecture
Developer: Convexity Properties ( DRW Holdings, LLC )
1. Sky
Location: New York City
Height: 656 ft.
Stories: 71
Rent Range: $3,170-$7,800
Architect: Goldstein, Hill & West Architects, LLP
Developer: The Moinian Group Development Corp.
Slides courtesy of RENTCafe.
