Luxury Project on Columbus Stirs Up Area

A sprawling luxury-residential and retail complex is finishing construction on Columbus Avenue, completing one of the most ambitious projects the Upper West Side has seen in many years.

Unlike most of the other high-end rental towers popping up on Manhattan’s West Side, Columbus Square bills itself as a self-contained village. It boasts 500,000 square feet of retail space, including a Whole Foods, Modell’s and a TJ Maxx, 710 rental apartments with elevated landscaped gardens, two private schools and a $650 million price tag.

That’s a lot of units to fill at premium prices, but demand has been strong so far. The first two buildings, where one-bedrooms start around $3,500-a-month, are fully leased.

A third building that recently opened for business was 20% leased after the first 10 days, the building’s management says. The final two residential towers expect to begin leasing in the next two months.

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wsj_012211_Luxury Project on Columbus Stirs Up Area

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