Sterling Bay Poised to Start Pre-Leasing on Fulton Market Apartments
Sterling Bay, in partnership with Ascentris, said its new residential project at 160 N. Morgan will be called The Dylan, with pre-leasing beginning this summer. The 282-unit project, which topped out construction in March, is Sterling Bay’s first residential development in the Fulton Market District.
“Like many cities across the country, Chicago is experiencing an increased demand for high-end residential, especially when it comes to rental options,” said Andy Gloor, CEO of Sterling Bay. “The Dylan is the first of many hospitality-inspired residential buildings that Sterling Bay will deliver to meet the moment in Fulton Market, with more like it coming soon in Chicago, including at Lincoln Yards, and in new markets across the country.”
Sterling Bay Property Management will oversee the management of The Dylan. The team has also partnered with residential brokerage Luxury Living to facilitate leasing. Move-ins are anticipated for this fall.
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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).