The growing number of closed sales is concentrated in the lower end of the luxury market.
The new lease brings occupancy to 95% at the property.
New York continues to be the nation’s financial capital with more than twice as many securities industry jobs as its closest competitor California (102,100) in 2023.
YONKERS—Stratus on Hudson, a new 74-unit luxury mid-rise apartment building, is now open in North Yonkers at 1077 Warburton Ave. Developed by RMS Companies, which is based in Stamford, CT, Stratus on Hudson sits atop a cliffside location just north of the Yonkers waterfront and adjacent to the Greystone Metro North train station.
The building’s modern architecture, amenities and curbside appeal have resulted in additional improvements to the region. Prior to RMS’ involvement, 1077 Warburton was a stalled development site, creating an eyesore in the neighborhood for more than decade.
Stratus on Hudson is attracting new tenants from Brooklyn, Queens and other New York City boroughs seeking to escape the hectic lifestyle and high costs for brand new, luxurious, spacious rental apartments with state-of-the-art amenities, according to the developer. These include a fully furnished rooftop terrace with gas grills and outdoor TVs, a resident lounge and entertainment center, cappuccino bar, pet spa, cardio and core strengthening fitness center, private cycling studio and a covered garage.
Rentals start at $2,500 for one-bedroom apartments and increase to $4,850 for premium two-bedroom, corner units that offer panoramic views of the Hudson River and New York City.
The growing number of closed sales is concentrated in the lower end of the luxury market.
The new lease brings occupancy to 95% at the property.
New York continues to be the nation’s financial capital with more than twice as many securities industry jobs as its closest competitor California (102,100) in 2023.
Legislation S.8203/A.8427-A extends temporary permits to more New York City businesses. Legislation S.9685/A.7116 doubles the duration of temporary permits at the same cost.
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