New York, NY According to Bolivar Development (Bolivar), an NYC-based real estate development firm founded by Peter Fine, occupancy will begin in August at 1998 Second Ave. (1998), a 12-story, 164-unit newly constructed luxury rental development, located on a full block site on Second Ave. between 102nd and 103rd St's.

“This vibrant neighborhood has seen dynamic growth in recent years, particularly with the expansion of the Second Ave. subway line, and 1998 fills the increasing need for a new elegant rental product,” said Fine, founder of Bolivar. “The rich amenity package, convenient location and competitive pricing will combine to make this one of the most in-demand rental buildings in Manhattan.”

1998 offers studios to three-bedroom residences that are designed by GF55 Architects. All homes feature large windows, quartz kitchen countertops with Bosch and Blomberg appliances, bathrooms with large walk-in, rain head showers with Kohler and Grohe fixtures, as well as in-unit LG washers and dryers. Select apartments offer oversized, private outdoor terraces.

The development will have exceptional five-star amenities designed by Marvel. The amenities include:

• A 4,000-square-foot lounge with floor-to-ceiling windows, a bar, fireplace and large screen television on the 12th floor. The lounge features a folding glass wall that opens out to a landscaped 3,500-square-foot roof deck with stunning views of the East River and the surrounding neighborhood. The roof deck includes a swimming pool, 17-foot LED TV, and BBQ areas with table seating.
• A state-of-the-art fitness center by Perform Better.
• An intimate media/screening room.
• Free storage with each residence including bike rack.
• A 24/7 attended lobby.
• Pet-friendly.

With leasing being handled by Cantor Pecorella, pricing will start at $2,400 per month.

“The range of amenities that are being offered at 1998 is a true stand out and unlike any other rental developments in the area,” said Richard Cantor, principal of Cantor Pecorella. “There are very few buildings that provide so many perks for free for their residents, so we are very much looking forward to getting these residents through the door to the outstanding product Bolivar has developed.” 

1998 is just a short walk from the East River Greenway to the east and Central Park to the west. The building is nearby various public transportation access points including the 6 train at 103rd St. and Lexington and the Q train at 96th St. on the new Second Ave. subway line, as well as multiple bus lines. The development is also close to major points of interest and NYC staples such as Patsy’s Pizzeria, Rao’s, El Museo del Barrio, the Museum of the City of New York.