Invesco celebrates lease up of 162 residences at INSTRATA at Mercedes House

According to Invesco Real Estate, INSTRATA at Mercedes House, located at 550 West 54th St., is 100% leased and fully occupied after debuting only 10 months ago. Consisting of 162 rental apartments on the top 11 floors of the Enrique Norton designed Mercedes House, INSTRATA at Mercedes House was the first project introduced under the INSTRATA Lifestyle Residences umbrella, a new luxury lifestyle concept developed by Invesco that not only brings condominium-caliber design and finishes to rental developments but also superb amenities and impeccable service. "We're thrilled to have maintained such a strong leasing velocity at INSTRATA at Mercedes House," said Nancy Packes, president of Nancy Packes Signature Marketing Services, INSTRATA's exclusive leasing team. "The project's interior finishes, custom details, outdoor spaces and incredible services and amenities really resonated with New York City renters and we look forward to continuing this success at other buildings within the INSTRATA Lifestyle Residences portfolio." This New York City portfolio o entals includes three other top-tier buildings located in Manhattan and Brooklyn: INSTRATA NoMad (10 East 29th St.), INSTRATA Gramercy (290 Third Ave.) and INSTRATA Brooklyn Heights (75 Clinton St.) "We're very proud of the success of INSTRATA at Mercedes House, our first endeavor with the INSTRATA brand," said Lesley Lisser, LEED AP and a director of asset management for Invesco. "We've achieved our goal in creating an authentic and luxurious living experience here and are so please to have such a thriving and engaged resident community at the building." All homes at INSTRATA at Mercedes House - which range from one to three-bedrooms and expansive penthouse units - are adorned with the highest quality, and sophisticated touches and finishes. Homes include kitchens equipped with Viking ranges, Sub-Zero refrigerators, Caesarstone and stainless steel countertops, as well as bedrooms with custom built-in closets. Additionally, many homes feature private terraces with direct Hudson River views, and penthouse homes have private roof cabanas. Residents of INSTRATA at Mercedes House enjoy use of the incredible 80,000 s/f Mercedes Club, which features an enormous 30,000 s/f fitness facility, Wi-Fi café, media room and lounge area with fireplace. There are also two outdoor decks with over 20,000 s/f of sun-drenched space including a swimming pool, cabanas, lounge areas with fire pits, an outdoor movie theater featuring state-of-the-art built-in-seating sound system, a putting green and a bocce court. At all INSTRATA properties, residents enjoy unparalleled services and lifestyle offerings produced by INSTRATA Concierge. A robust schedule of interesting, informative and entertaining events make life at INSTRATA a year-round resort experience allowing residents to engage with each other in exciting ways as customized offerings will connect residents of similar interests and create a sense of real community. For more information on INSTRATA Lifestyle Residences and its special properties visit instratany.com.