News: Brokerage

Caspi Development celebrates fully leased project: The West

Brooklyn, NY According to Caspi Development, a leader in the development of residential and commercial properties, The West in Greenpoint, has been fully leased after less than four weeks on the market. Move-ins will begin shortly at the property, which was developed by Caspi Development and Barone Management.

Located at 144 West St. near the East River waterfront, The West is a seven-story boutique building with 22 apartments, seven of which are part of the Affordable New York program.

Corcoran New Development is the exclusive leasing agent.

“The residential rental market is rebounding to pre-pandemic levels faster than anyone really anticipated, and 144 West St. has been magnificently received by the marketplace,” said David Maundrell III, EVP, new development at Corcoran. “The building’s popularity is a testament to its attractive design, sought-after amenities, and highly desirable location on the Greenpoint waterfront.”

Inspired by the neighborhood’s industrial past, GF55 Architects designed The West with a façade clad primarily in red brick. Building amenities include a top-floor residents’ lounge overlooking the East River and Manhattan skyline, with access to a roof deck for outdoor entertaining or relaxing. Apartments feature herringbone wood floors, Bosch cooktops and microwaves, and Kohler fixtures.

The building is near the India Street landing for the East River Ferry to Midtown Manhattan or the Financial District, enabling residents to commute to and from work in minutes. It is also one block from the G train, with easy access to the L and 7 trains.

“As the New York City residential market continues to bounce back, Greenpoint has become particularly desirable due to its neighborhood feel, East River access, and proximity to Manhattan and Williamsburg,” said Joshua Caspi, principal of Caspi Development.

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