The conversion of the former SVA dorm — including a few new floors — on Third Avenue and East 10th Street continues.
Meanwhile, the rental process is now underway. The broker bunting is up on the plywood announcing this as Luxury Renting 101 (as in 101 E. 10th St.).
The 101 site is live. Here's the pitch:
Luxury Renting 101
STUDIO, ONE & TWO BEDROOM RESIDENCES
New York chic has reached a new level at 101 East 10th Street offering a collection of studios, one and two bedroom residences. Located on a prime corner in the East Village, steps from Union Square and Greenwich Village, it is sure to up the ante for coveted living spaces. 101 East 10th Street offers bespoke finishes, stainless appliances, marble bathrooms, ample closet space, and incredible natural light resulting in a rare genre of urban living.
There are 54 units. Three are on the rental market now, ranging in price from $3,543 (two bedrooms) to $4,420 (three bedrooms).
Interesting note at the bottom of the listings:
**PRICE LISTED IS FOR SHORT TERM ONLY (6 months) - **NO 12 MONTH LEASES**
SVA discontinued dorm use here after the spring 2014 term. From the look of things, the building is being replaced by more upscale dorm rooms — with 6-month leases to boot.
Previously on EV Grieve:
East Village now down a dorm
High-end rentals and additional floors coming to the former SVA dorm on 3rd Avenue
1st sign of 2 new floors to come on 3rd Avenue and 10th Street