Managed by AvalonBay Communities
AvalonBay Communities, Inc. was established in 1998 through the merger of Avalon Properties and Bay Apartment Communities. Headquartered in the Washington, D.C. area of Arlington, Virginia, the company is a leading national multifamily REIT operating in high-demand U.S. markets. It manages roughly 90,000 rental homes across several hundred communities. AvalonBay’s portfolio is focused on modern urban residential developments, primarily luxury and high-end apartment buildings. In New York City its properties span Manhattan, Brooklyn and Queens; units are typically outfitted with upscale finishes and full-service amenities such as 24/7 concierge staffing, fitness centers, resident lounges and co-working spaces to enhance the renter experience.
In addition to New York, AvalonBay has a presence in major metropolitan areas nationwide. For example, Avalon Willoughby Square at 214 Duffield Street in Downtown Brooklyn is a 58-story waterfront high-rise with luxury features. It offers residents a fitness center, children’s playroom, pet spa and an on-site cafe, plus a 58th-floor indoor lounge and outdoor terrace with skyline views. The building provides 24-hour concierge service and even earned a LEED Silver rating for its eco-friendly design. This focus on upscale amenities and sustainable design reflects AvalonBay’s brand ethos of creating a “better way to live” for urban renters, illustrating the company’s aim to deliver a high-quality, full-service living experience.
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