Related Companies and Hudson Companies announce launch of leasing at Riverwalk Point

Related Companies and Hudson Companies announce the launch of leasing at Riverwalk Point, the seventh addition to the Riverwalk neighborhood on Roosevelt Island, an island oasis with convenient access to midtown Manhattan. With exceptional skyline and water views, gracious layouts and five-star amenities, Riverwalk Point brings the best of cosmopolitan living to the center of the Riverwalk community to offer a sophisticated lifestyle with the ease of small-town charm. The 266 contemporary studio to two-bedroom rental residences start at $2,225 for July occupancy.

"The offering at Riverwalk Point is really quite spectacular. Nowhere else can you live in a location like Riverwalk, on a gorgeous island mere minutes from Midtown, in a brand new building with luxury amenities, high-end finishes and views like these—and at such competitive rents," said Daria Salusbury, senior vice president and head of luxury leasing for Related Companies. "We are proud to introduce Riverwalk Point and continue enriching the residential community on Roosevelt Island."

"Roosevelt Island isn't a secret anymore. People are coming here for the green space, water views and the peacefulness—and it doesn't hurt that we're only a subway stop from Midtown," said David Kramer, a principal at Hudson. "Riverwalk Point is an exciting new addition to Roosevelt Island."

Co-developed by Related Companies and Hudson Companies, the visionaries of the Riverwalk neighborhood, Riverwalk Point presents an exciting and rare opportunity to live in one of New York City's most unique and dynamic neighborhoods. The 22-story LEED Silver-designed building was sustainably designed by Handel Architects and features a collection of studio, junior one-, one- and two-bedroom apartments with generous living space and breathtaking views.

As with all properties in the Riverwalk neighborhood, the pet-friendly apartments at Riverwalk Point are meticulously appointed with high-quality finishes and state-of-the-art appliances. Riverwalk Point offers a wide array of amenities including 24-hour concierge and doorman, a state-of-the-art fitness center, business center equipped with iMac computers, private storage, a bike room, pet spa, penthouse party room and landscaped rooftop terrace with barbecue grills.

What's more, as part of Related's commitment to impeccable service, residents will also enjoy Related Style Services, a suite of rewards and services that include a Resident Service Specialist, easy transfers within the Related Rentals portfolio, access to Related Inner Circle, as well as exclusive Equinox® Fitness membership opportunities. Additionally, residents will have the opportunity to indulge in Related's Partner Offer program, which offers exclusive benefits and offers such as discounts, premiums and invitations to special events.

Residents of Riverwalk benefit from the community's unique lifestyle and the 147 acres of parks and miles upon miles of trail ways that abound on Roosevelt Island. Although located just one stop from Midtown on the F Train, residents of Riverwalk Point have everything they need just around the corner at The Commons, a public space within Riverwalk with an array of shopping and dining options such as Duane Reade, a dry cleaner and nail salon, Starbucks, a bagel shop and deli and restaurants like Piccolo Trattoria, Fuju East and Riverwalk Bar and Grill.

Along Main Street, which runs through the heart of Roosevelt Island, residents will also find Wholesome Factory Market, Main Street Sweets (a beloved neighborhood ice cream parlor and breakfast joint) and Island Wine & Spirits, in addition to cultural destinations like the Gallery RIVAA (Roosevelt Island Visual Art Association), Main Street Theatre & Dance Alliance and the Roosevelt Island branch of the New York Public Library. Roosevelt Island is a truly tight-knit community with more than 70 local organizations, many of which speak to the area's growing population of families. For one, The Roosevelt Island Youth Center offers a wide range of fun and exciting programs year-round, including summer day camp, music and art classes, organized sports and Mommy and Me Pilates. The neighborhood is also home to PS/IS 217, which serves an international group of students in pre-kindergarten through eighth grade.

In recent years, through the creation of the Riverwalk community, Roosevelt Island has been transformed into a thriving residential oasis. More exciting changes are coming to the island with the construction of Cornell Tech, an innovative technology campus, a partnership of Cornell University and Technion-Israel Institute of Technology. The 12-acre sustainable campus will include academic space, an executive education center, faculty, student and staff housing and over 2.5 acres of open public space. Cornell Tech is expected to further position New York as one of the world's major technology centers and has already begun enriching the Roosevelt Island community through its partnership with PS/IS 217 by helping infuse tech education and STEM-oriented programming into the curricula.

The waterfront community of Riverwalk surrounds the F subway on Roosevelt Island and is just one short stop away from 63rd Street and Lexington Avenue, three stops from Rockefeller Center or a short five-minute ride to Midtown on the Roosevelt Island Tram. Studio residences start at $2,225 a month, junior one-bedrooms start at $2,550, one-bedrooms start at $2,900 and two-bedrooms start at $4,150. For more information about Riverwalk Point and Roosevelt Island, please visit www.riverwalkpointnyc.com, the on-site leasing office or call (212) 292-2807.

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About Related:
Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, São Paulo and Shanghai and boasts a team of approximately 3,000 professionals. The Company's existing portfolio of real estate assets, valued at over $20 billion, is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan's west side. Related also manages approximately $3 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related is staunchly committed to sustainable design with over $10 billion in green development underway or completed. The firm developed one of the first green residential buildings in the nation, Tribeca Green in Battery Park City, New York and Chicago's first green residential building, 340 on the Park. Related recently completed a collection of new LEED-certified residential buildings, The Brompton, The Harrison, MiMA and Superior Ink in New York City, The Clarendon in Boston and The Century in Los Angeles, as well as several green mixed-use and retail projects.

About Hudson:
Hudson is a fully integrated developer, construction manager and property management firm based in New York City. The firm is an award-winning residential developer with three asset classes: Market-Rate, Affordable Housing, and Institutional/Workforce. Highlights of Hudson's 5,400 units developed include the 267-unit J Condo (DUMBO), the 176-unit Dumont Green (East New York) and the 700-student NYU Dormitory (East Village). Hudson has also become an industry leader in sustainable development with properties such as Third + Bond (Gowanus), The Knick (Bushwick) and Gateway Elton (Spring Creek) all boasting some of the highest levels of energy efficiency, solar photovoltaics and/or co-generation in New York City. Exciting developments such as the Cornell/Tech Residences (Roosevelt Island), La Central (South Bronx) and 626 Flatbush (Prospect Lefferts Gardens) are on the horizon and will continue Hudson's legacy as one of the best-in-class real estate companies in New York. Hudson's origins started in affordable housing when it became a leading developer within HPD's New Homes Program where it developed and built more than 1,800 apartments with the Housing Partnership Development Corporation throughout the City. During that endeavor, Hudson also brought pioneering market-rate and mixed-income housing to various emerging neighborhoods such as the Meatpacking District, West Chelsea, Chinatown, Hell's Kitchen and Roosevelt Island.