News: Brokerage

Stonehenge Partners and SL Green Unveil leasing underway at 1080 Amsterdam in Morningside Heights

Stonehenge Partners - a vertically integrated private real estate company with expertise in investment management, property management, development, design, construction, leasing and financing - in partnership with real estate investment trust and prominent New York City property owner SL Green Realty Corp. announces the opening of 1080 Amsterdam, a highly-anticipated luxury rental tower in thriving Morningside Heights. Move-ins are expected June 1. This marks the seventh property within their flourishing partnership. An architectural gem originally constructed in 1931, the 20-story property has been thoughtfully renovated by Steven Kratchman Architects and re-envisioned for the contemporary Upper West Side lifestyle with interiors by celebrated designer Andres Escobar and full-service amenities. The 95 apartments at 1080 Amsterdam range from studio to two-bedrooms, including an exclusive collection of terraced residences with expansive private outdoor space. The crown jewel of the tower is a full-floor penthouse with two-bedrooms, two-bathrooms, a formal dining room and wrap-around terrace with magnificent views stretching from Columbia University to FiDi. Each apartment has been meticulously renovated with high-end finishes and appointments, such as hardwood floors, Scavolini Italian cabinetry, Caesarstone countertops and stainless steel appliances. Stonehenge is known for its above-and-beyond lifestyle experience and 1080 Amsterdam is no exception. In addition to the Art Deco-inspired, 24-hour attended lobby, residents enjoy abundant amenities and services, such as a fully-equipped fitness center with a private studio; a media lounge designed for relaxation and socializing, with a flat screen TV, comfortable seating area and WiFi access; a bike storage hub; and onsite laundry facility. Perhaps most unique about the residential experience at 1080 Amsterdam is that it comes with all of the perks of membership in the Stonehenge community - from fitness classes to dinner parties with celebrated chefs, and private movie screenings in the building and at properties throughout the Stonehenge portfolio. "At Stonehenge, we strive for a residential experience that is second to none, and the immediate interest in 1080 Amsterdam is a testament to that fact," said Ofer Yardeni, co-chairman and CEO of Stonehenge Partners. "We look forward to welcoming new residents to the Stonehenge family and to this exciting, high-energy neighborhood." In addition to these onsite amenities, residents will have the best of the Upper West Side and Morningside Heights at their fingertips. Situated at the corner of 113th Street, across from the iconic Cathedral of St. John the Divine, 1080 Amsterdam is at the heart of a vibrant neighborhood loved for its quintessential architecture, culinary attractions and laid-back culture, not to forget picturesque scenery with local destinations like Morningside Park, Riverside Park and Columbia University campus just around the corner.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking