The Dermot Company is pleased to announce that residential leasing will soon begin at Arabella 101, a new rental building located at 101 Avenue D in the East Village neighborhood of Manhattan. The 12-story building, designed by Cutsogeorge Tooman & Allen Architects of NYC, offers 78 affordable and market-rate rental residences and is on track to receive LEED gold certification. The leasing office will open on July 15th.

“High-quality apartment finishes, top-notch amenities and proximity to great East Village restaurants and bars make Arabella 101 an unbeatable value,” according to Wayne McClanahan, who is leading the in-house leasing efforts for Arabella 101.

Arabella 101 includes a mix of studio and one-bedroom apartments on the building’s upper nine floors, featuring gourmet kitchens complete with custom cabinetry, stainless steel appliances, and Caesarstone countertops. Many of the units also have terraces or balconies.

Residences at Arabella 101 contain bamboo flooring, expansive windows, designer bathrooms, tenant-controlled air conditioning and heat, video intercoms, and generous closet space.

Arabella 101 offers a host of on-site amenities such as a fully-equipped gym, game room, laundry facilities, bike storage, and a landscaped roof deck with breathtaking views of lower Manhattan and the East River. The roof deck contains a grill, plentiful seating and a plethora of year-round plantings.   Homes in this beautiful, modern building will start at $2,400 per month for studios and $2,950 per month for one-bedrooms.

In addition to its rental units, the mixed-use property includes 4,700 square-feet of retail space along the avenue. Half of the retail space remains available to lease. Interested parties should contact Besen Retail at (212) 213-6480. The building is also home to the Lower Eastside Girls Club headquarters which will be the first and only Girls Club facility in New York City.

For more information on the residences at Arabella 101, call (646) 745-9779, visit www.arabella101.com, or visit the on-site leasing office located at 101 Avenue D.

About The Dermot Company, Inc.
The Dermot Company, Inc., based in New York City, was formed in 1991 as a real estate investment and management company focused on multi-family sector opportunities. The company has evolved into a fully integrated real estate company employing over 200 real estate professionals in investment, finance, management and development. Dermot currently manages nearly $1.5 billion in assets and owns or holds investments in more than 5,000 multifamily units.