Jupiter 21, New East Village Residences, Developed By Bfc Partners, Kicks Off Rental Leasing

Spectacular Views, Terraces, Best-in-Class Amenities in One of NYC’s Most Coveted Neighborhoods

In continuing the transformation of the East Village, BFC Partners announces that residential leasing has successfully begun at Jupiter 21, a newly-constructed 78,000-square-foot rental building located at 21 East 1st Street. The 65-unit, 12-story building, designed by GF 55, offers 52 market-rate rental residences and 13 affordable condominiums.

“Given the incredible demand for this neighborhood, we have already seen tremendous activity,” said Joseph Ferrara, a partner with Don Capoccia and Brandon Baron at BFC Partners, Jupiter 21’s developer. “The Jupiter 21 rentals are being greeted so positively that we are renting up the building quickly.”

Comprised of studio-, one- and two-bedroom apartments, Jupiter 21 features a unique display of innovative design that captures both the eye and imagination. Each unit is equipped with natural hardwood flooring, sleek modern cabinetry, stainless steel European appliances, designer fixtures and oversized windows. The building also includes best-in-class amenities such as central air conditioning, GE washer & dryers in every unit, rentable on-site storage and a full-service concierge. Many of the units also have terraces or balconies, offering spectacular views of New York City.

Stylish and modern, residences at Jupiter 21 feature Kohler deep soaking tubs and walk-in frameless showers, Kohler fixtures and floor-to-ceiling porcelain tiling. Kitchens include Caesarstone Countertops, Kohler Fixtures, glass back-splashes, Bertazzoni cooking ranges,  Summit International refrigerators and Miele dishwashers.

Jupiter 21 is a pet-friendly residence that features an attended lobby and live-in superintendent, in addition to other amenities including video intercoms, a virtual property management service by mybuilding.org, and a roof terrace with expansive city views. Homes in this beautiful, modern building will start at $3,450 per month for studios, $4,500 per month for one-bedrooms, and $5,575 for two-bedrooms. The Corcoran Group will handle leasing for the 52 rentals.

In addition to its rental units, the mixed-use property includes 10,832 square feet of retail space along 2nd Avenue. Tenants will include TD Bank and a yet to be decided lounge / bar venue.

Occupancy is expected for early June 2013. For more information, visit www.j21ny.com or call the sales gallery at 212.433.0263.

About BFC Partners
For the past 25 years, Brooklyn-based BFC Partners has been responsible for the acquisition, development, financing, construction, marketing and management of many of New York City’s finest residential, office and mixed-use projects. Since the firm’s inception in the 1985, BFC and its principals have completed over $1 billion in development projects, encompassing the construction of more than 5,000 residential units and millions of square feet of mixed-use development.

As a market leader, BFC Partners excels in finding creative solutions to unique and challenging projects, having been at forefront of the revitalization of many neighborhoods, including the East Village, Harlem, Williamsburg and Downtown Brooklyn. BFC acts as the exclusive general contractor for all of its projects which allows complete control of the construction process, enabling the delivery of each building on-time and within budget. From conception of an idea through long-term property ownership, BFC maintains an active role in all of its properties.

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