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Article: Finally getting the mix right on Roosevelt Island.
- Article from:
- Real Estate Weekly
- Article date:
- December 14, 2005
- Author:
CopyrightCOPYRIGHT 2005 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Located a mere four-minute tram ride and several stops on the F train away from midtown Manhattan, Roosevelt Island is about to undergo some vast residential changes in the coming months, bringing the island closer to fulfilling the vision of its original developers.
Riverwalk Place, a 230-unit luxury condominium development in Southtown, is set to open its doors in January, and the Octagon Park Apartments and Tower, a 500-unit residential development on the North End, will welcome tenants next March.
"There's intense interest in the island," said Herbert Berman, president of the Roosevelt Island Operating Corporation.
"I think as in any type of ...