Steuben, Coveted Clinton Hill Rental, Surpasses 75 Percent Leased

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NEW YORK, Jan. 30, 2018 (GLOBE NEWSWIRE) — Greystone Development, a New York-based real estate development company, today announced that Steuben, one of two Clinton Hill rental buildings collectively known as Myrtle & Steuben, is over 75 percent leased. Dave Maundrell of Citi Habitats is exclusively handling the leasing for these properties.

Located at 100 Steuben Street, Steuben brings 43 sleek, new residences, of which one bedrooms averaging 615 square feet, remain available. Designed by AB Architekten, the eight-story building features a variety of alluring amenities including a fitness center, rooftop terrace, virtual doorman, resident lounge with designated co-working space, as well as bike and resident storage. Prices for available units start at net effective pricing of $2,342.

Myrtle, located around the corner, launched leasing in January 2017 and is 100% occupied.

“Our successful leasing efforts with both properties indicate a strong demand for high-quality properties that offer valuable amenities for residents to meet, relax, entertain or work. These spaces truly resonate with the prospects,” said Thomas Ryan, head of Greystone Development.

Located in the heart of Clinton Hill, Steuben boasts access to a wide variety of restaurants, coffee shops and retail stores. The property is within walking distance to several major public transportation routes and is only a short distance from Pratt Institute, the Barclays Center and Fort Greene Park.

For more information, visit www.myrtleandsteuben.com.

About Greystone Development

Greystone Development is a full-service real estate developer. Since 1992, Greystone has acquired, repositioned and developed over $2 billion in properties nationwide spanning approximately 3.5 million square feet. Our portfolio is diverse, comprised of condominium, rental, office, retail, mixed use and healthcare properties. Greystone Development is currently developing 15 real estate projects in premier markets such as New York, Miami and Palo Alto. For more information, visit www.greystonedevelopment.com. Greystone Development is a part of the Greystone group of companies, active in real estate lending, investment and advisory. For more info, visit www.greyco.com.

PRESS CONTACT:

Karen Marotta

Greystone

212-896-9149

KMarotta@Greyco.com

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