TF Cornerstone debuts 505W37: 835-unit rental project in Manhattan's Hudson Yards neighborhood

One of New York City's most respected real estate acquisition, development, construction and management firms, TF Cornerstone, celebrates the grand opening of 505W37, the company's second rental project in Manhattan's dynamic, up-and-coming Hudson Yards neighborhood. Designed by Handel Architects, 505W37 sets a new standard for urban living and includes two glass towers with 835 studio-through-two-bedroom apartments. Over the past three decades, the executive management team at TF Cornerstone has pioneered new residential neighborhoods throughout New York City, from the Meatpacking District to the Financial District to Long Island City, Queens. TF Cornerstone is now leading the transformation of Hudson Yards, Manhattan's last urban frontier, supporting the city's vision to revitalize this underutilized area into a place where New Yorkers and tourists will want to live, work, play and visit. "We are excited to support the growth of Hudson Yards and proud to continue our long history of forging new neighborhoods where people want to live with the debut of 505W37," TF Cornerstone chairman Thomas Elghanayan said. "TF Cornerstone was the first New York City development firm to open a new residential building in this vibrant community with 455W37, a successful rental building that is now 100% leased." Handel Architects also designed 455W37. Now leasing, each apartment at 505W37 features hardwood floors, high ceilings, kitchens with high gloss white cabinetry, granite countertops and stainless steel appliances, and modern bathrooms with subway tile, mosaic floors and marble accents. Floor-to-ceiling windows maximize outstanding city and water views, ranging from the Hudson River and Statue of Liberty to the west and the iconic Chrysler Building and Empire State Building to the east. Many of the apartments include large balconies or terraces perfect for entertaining or alfresco dining. 505W37's central amenity area includes a Wi-Fi enabled clubroom with a café and TV lounge; a catering kitchen; a fully equipped 2,000 s/f fitness center with low-impact flooring; card-operated laundry; 24-hour attended lobby; and Web-enabled concierge and valet services. Two landscaped courtyards and a pair of beautifully landscaped roof decks bring a park-like feel to the building. The second floor terrace includes several seating areas, reflecting pools and a wide variety of tall trees, shrubs and flowers, while the 37th-floor roof deck features a kitchen, lounge areas, billiards room, library and screening area. Located on 10th Ave. and 37th St., 505W37 is a beacon of Hudson Yards. A pedestrian promenade and tree-lined boulevard are planned for the area next to the building, and the northernmost third of the High Line elevated railway loops around the neighborhood. Hudson Yards is a pedestrian friendly neighborhood, making it easy to get to the local parks such as Bryant, DeWitt Clinton and the Hudson River Park, as well as other popular destinations including Chelsea Pier, Rockefeller Center and the Javits Center. This vibrant area is quickly becoming one of New York City's most exciting neighborhoods with new restaurants, cultural attractions and boutique shops popping up every day.