- Sponsor initially sold the most competitive classic units, retaining 26 of the more valuable, unique, and grand residences, which are comprised of Lofts, Townhouses, and Penthouses. Units are 2-4 bedroom apartments, ideal for rent or sale - Over half the units offer views of the East River or city skyline - In-place rents upwards of $92/sf - Attractive neighborhood for the target family demographic, with top-tier public and private schools within walking distance - Easy to maintain with existing management/staff in place - Variety of units (size/style/type) to rent/sell over time