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Durst’s LIC Rental Tower Sven Reaches 50% Leased
The Durst Organization’s newest luxury residential tower, Sven, has reached a milestone with its 670 market-rate apartments 50% leased. The milestone comes after eight months of leasing, with the first residents moving into the Long Island City rental project at the start of the year.
At 71 stories, Sven is the second-tallest building in Queens, with views of the Manhattan skyline, the East River and the Brooklyn-Queens waterfront. The Durst Organization is leasing in-house from an onsite leasing office.
“This milestone affirms why tenants are drawn to Sven; this project offers a unique proposition by marrying high-end design and top-tier amenities with a commitment to sustainability and healthy living,” said Jonathan Durst, president of The Durst Organization.
Designed by Handel Architects with interiors by Anabelle Selldorf, Sven features 958 apartments, including 288 income-restricted units. The Durst Organization says the property’s use of systems to promote healthy lifestyles is a differentiator.
- ◦Development
