The Maximilian In Long Island City Now Fully Leased
Posted On July 3, 2014
It was announced today that The Maximilian, a newly constructed luxury rental property in the heart of Long Island City, is now 100 percent leased. The 188-unit building officially opened for leasing in September 2013, and the building welcomed its first residents in November. On June 27, the building’s last two remaining apartments were leased, a one-bedroom unit with a wrap-around terrace and a studio, also with a large terrace.
“From the start, we were very pleased with the interest The Maximilian generated, not only among renters from Queens, but also many from Brooklyn and Manhattan,” said Chiho Machado, director of on-site leasing for Rose Associates, the exclusive leasing and managing agent of The Maximilian. “The pace of leasing was exemplary and we credit this to the building’s boutique qualities, its many amenities, and the fact that Long Island City has matured into a true destination neighborhood.”
Topping off at 12-stories, The Maximilian is located at 5-11 47th Avenue, between Long Island City’s waterfront and the shopping and dining corridor of Vernon Boulevard. The building is comprised of apartments in studio, one- and two-bedroom configurations.
The Maximilian is situated in the heart of Long Island City. It is convenient to Manhattan and Brooklyn and just a short walk to the number 7 and G subway lines. Gantry State Park and its 12 acres of undisturbed waterfront provide a nearby option for outdoor activities. Residents benefit from their proximity to Vernon Boulevard and the neighborhood’s popular restaurants and cafes—Cranky’s, Sweetleaf, Corner Bistro and Alobar among them. The building was designed by SLCE Architects and developed by O’Connor Capital Partners and Rose Associates.
“We are thrilled with how swift the leasing process was at The Maximilian,” said Bill O’Connor, president and chief operating officer of O’Connor Capital Partners. “Long Island City is such an exciting neighborhood right now. The momentum we enjoyed is evidence that our concept of a full-service, mid-rise building was a perfect match for the market.”
Each apartment at The Maximilian features polished hardwood floors, modern kitchens with stainless steel appliances, and Italian made cabinetry. Numerous residences have terraces, many with views of the East River and the Manhattan skyline. Many floor plans in the building are one-of-a-kind, which is another feature that distinguishes this warm industrial property from its high-rise neighbors. Each apartment is equipped with a frontloading washer and dryer.
The attended lobby features a variety of materials and textures including a Macassar ebony and black quartz concierge desk, comfortable seating and niche walls. In addition to Leave it to Max, the building’s professional, full-service concierge, amenities at the property include a landscaped roof deck with barbecue areas and an outdoor television, an indoor lounge with leather club furniture and billiards, a fitness center and bicycle storage.
Upon move-in, each resident of The Maximilian was greeted with a gift basket from The Food Cellar & Co., a local gourmet market focused on providing products from New York State farms and purveyors. The baskets were arranged by Leave it to Max, which recently hosted a party for residents to showcase the amenity spaces.
Management and leasing agents can be reached at (866) 696-0372 and additional information can be found at www.TheMaximilianLIC.com.
About O’Connor Capital Partners
O’Connor Capital Partners is a privately-owned, independent real estate investment, development and management firm. O’Connor concentrates its efforts on making direct investments in high-quality assets in major metropolitan markets in North America. Founded in 1983 by Jeremiah W. O’Connor, Jr., the firm has acquired or developed more than $25 Billion of property on behalf of various investment funds, institutional clients, and its own account, encompassing all major property types. The firm is based in New York City, with a regional office in Mexico City.
About Rose Associates, Inc.
Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.