Built upon former site of Streit’s Matzo Factory, luxury residence hits 40% sold milestone

150 Rivington Tops Out on Manhattan’s Lower East Side (Courtesy: Gluck+)

The Lower East Side has a new addition to its skyline with the topping out of 150 Rivington, the boutique luxury residence by Cogswell Lee Development. With construction and design by Gluck +, the building now stands 7 stories tall.

The project will yield 45 new condominiums, each averaging 1,054 square feet. To date, 40% of the units have sold, leaving 27 on the market. Stribling Marketing Associates is leading sales. Prices start at $1 million for one-bedroom units, with three-bedroom units starting at $2.7 million. Four penthouse units each boast private outdoor terraces with views of the city skyline. The building is crowned by a communal outdoor terrace on the rooftop.

View from the rooftop at 150 Rivington (Courtesy: Gluck+)

150 Rivington is sited atop the former Streit’s Matzo Factory, located just three blocks away from the Delancey-Essex Street Subway Station. The project is expected to be completed in 2018.

About Stribling Marketing Associates:

Stribling Marketing Associatesis one of the most respected and successful development marketing groups in New York City, specializing in consulting, marketing and sales of new developments and conversions. With over twenty-five years of experience, the Stribling Marketing Associates team has represented architecturally significant properties throughout Manhattan and Brooklyn.