Skip to Content
CityRealty Logo
Renderings of Gemma Gramercy (Redundant Pixel) Renderings of Gemma Gramercy (Redundant Pixel)
Leasing has launched at Gemma Gramercy, a new 20-story rental at 200 East 23rd Street. Current availabilities start at $3,900/month for studios, $6,250/month for one-bedrooms, and $7,500/month for two-bedrooms. The prices come in above the Gramercy median rent (per CityRealty listings), but residents can expect significant savings on their utility bills: The building was constructed to Passive House standards, which reduces energy consumption as much as 85%.
Gemma Gramercy is Hill West Architects’ first project built to Passive House standards. A continuous exterior air barrier and the use of Aeroblock in lieu of concrete masonry increase insulation, and triple-glazed windows allow for better energy efficiency and noise reduction. Additional features include conditioned fresh air ducted into all units as well as blower door testing on the exterior envelope to monitor air leakage.
There are fewer Passive House rental buildings than condominiums in New York, but a large number are on the rise. In Brooklyn, construction topped out at 100 Flatbush Avenue, New York's first all-electric tower with a school constructed to Passive House standards, earlier this year. Construction on the first phase of East Harlem’s Sendero Verde was completed in December 2022, and the second is underway. Upon completion, this 750,000-square-foot development will be the largest fully affordable Passive House project in the world.

As recently completed Passive House rentals show, buildings like these are in high demand. There are currently no availabilities at Perch Harlem, the first Passive House rental in Manhattan. Further downtown, there is only a small handful of availabilities at Convivium in Yorkville and Flow Chelsea.

“By contributing an environmentally-friendly project to the Manhattan skyline, the Hill West team wanted to advance the building typology to create a more sustainable New York City.” – L. Stephen Hill, Founding Partner, Hill West Architects

Gemma Gramercy’s address on the corner of Third Avenue and East 23rd Street puts it on the cusp of some of New York’s most in-demand neighborhoods. It is close to some of the most critically acclaimed restaurants in Gramercy and NoMad; it is also located between a Morton Williams and a Trader Joe’s supermarket. Nearby cultural offerings include Fotografiska Museum, Gramercy Theater, and New York Comedy Club. The 23rd Street 6 train and N/R/W trains, as well as the M23 bus line, allow for easy transit access all over New York.

Gramercy rentals
NYC rentals
Gramercy Park rentals
Select units have private terraces, and all units enjoy abundant natural light and airy layouts. They also feature:

  • Ceilings from 10 to 12 feet high
  • Kitchens with custom millwork, Calacatta quartz countertops, and best-in-class appliances, including Bertazzoni convection oven and hood with induction cooktop
  • Baths with white Porcelanosa tile, quartz vanities, soaking tubs, and regular and hand-held shower heads by Brizo
  • Ventless in-unit washer/dryers tucked in a closeted area

NYC rental amenities
NYC rentals
Gramercy rentals
Gemma Gramercy is located near Gramercy Park, Madison Square Park, and Union Square Park, but residents arrive to a green sidewalk canopy of their own. Additional amenities include:

  • An airy fitness center with top-of-the-line equipment
  • A second-floor lounge with work spaces and kitchenette
  • A rooftop lounge with kitchenette
  • A lushly planted roof deck with full outdoor kitchen, fireplace, outdoor shower, and skyline views