Aurora Capital and William Gottlieb R.E. start leasing at 111 Charles

Manhattan, NY Aurora Capital Associates in partnership with William Gottlieb Real Estate, has begun leasing at its rental property, 111 Charles. Situated in Greenwich Village Historic District, the property will introduce 19 designed homes that offer the opportunity to live in a newly constructed building.

“A large part of Aurora’s portfolio is concentrated in the downtown areas of Soho, Meatpacking, and the West Village, so we have a deep understanding of developing in this high-profile, yet historic area,” said Jared Epstein, principal at Aurora Capital. “We knew these two premium sites were conducive to new residential construction, and while the appetite for for-purchase homes absolutely exists in the West Village as we saw with the success of the launch at The Keller, we’ve also seen a spike in interest for condo-level, luxury rental offerings that maximize a more flexible lifestyle. It became obvious that there would be great interest in an unparalleled for-lease offering like what we’ve created at 111 Charles.”

111 Charles is seven stories in height and its homes range from one to four bedrooms and include a duplex penthouse with private outdoor terrace. Inside the homes. All residences are equipped with vented washers and dryers. Kitchens feature appliances.

While many city residents want a home in the West Village because of the neighborhood’s historic architecture, tree-lined streets, and understated ambiance, the lack of new, amenitized luxury properties is often a drawback,” said Clayton Orrigo, co-founder of The Hudson Advisory Team. “Luxury today is synonymous with these elements and renters aren’t willing to compromise. With its curated selection of amenities and beautifully designed homes, we anticipate 111 Charles will resonate strongly with the numerous individuals looking for an updated, luxury experience in this vibrant area.”

111 Charles amenities was designed to provide residents of all ages an opportunity to enjoy and explore the property outside of the home as well as an immediate opportunity for outdoor green space. A landscaped courtyard sits adjacent to the Resident’s Lounge and features a BBQ station, kitchen area and built-in seating. The lounge offers an indoor space with custom millwork, a large-screen TV and kitchenette. Additional amenities include a 24-hour attended lobby; bicycle storage; package room with cold storage; laundry room; and private storage units available for rent, a fitness center, while a children’s playroom.

“The luxury market for both sales and rentals in New York City is experiencing a shortage of high-quality inventory in prime areas, especially the West Village,” said Stephen Ferrara, co-founder of The Hudson Advisory Team. “Most of the West Village rental inventory is condos and co-ops, so newly built luxury residences are in high demand. As residents of the West Village ourselves, we’ve already seen a significant interest in 111 Charles as well as 150 Barrow and we’re confident that these exceptional homes will continue to be well received by the market.”