Rental Building News and Offers
As Columbia University cancels classes due to concerns over COVID-19 with a possibility of closing their campus if the exposure risk heightens, the importance of comfortable and adaptable places for students to work and learn efficiently from their quarters has never been more important. The mantra of "location, location, location” is often cited as the most important factor in real estate, but for the academic and social success of students, comfort, tranquility, and convenience also play a large role.
While all of Columbia University’s student housing is highly convenient to campus, speaking from first-hand experience, the run-of-the-mill furnishings, layouts, and amenities behind the hallowed walls leave much more to be desired. A stone’s throw from campus on West 120th Street, new development Monarch Heights brings student housing to the next level with custom furnishings and amenities that would be hard to differentiate from many of the luxury rentals taking shape throughout New York City today.
While all of Columbia University’s student housing is highly convenient to campus, speaking from first-hand experience, the run-of-the-mill furnishings, layouts, and amenities behind the hallowed walls leave much more to be desired. A stone’s throw from campus on West 120th Street, new development Monarch Heights brings student housing to the next level with custom furnishings and amenities that would be hard to differentiate from many of the luxury rentals taking shape throughout New York City today.
All units come fully furnished to make the most of the space, and features include in-unit washer/dryers, recessed lighting, and floor-to-ceiling windows with custom shades. The baths are outfitted with custom hardware and fittings. While an attractive option for groups of friends looking to live together, a roommate matching service is available to help solo students.
The building is presently wrapping up construction and move-ins will begin in late summer for the 2020-21 school year. Current pre-leasing availabilities start at $3,000/month for studios, $5,250/month for two-bedrooms, and $7,350/month for three-bedroom.. The leasing team, led by Triarch Group, is offering leasing by the bedroom for the two- and three-bedroom apartments. Prices per bedroom start at $2,300, and prices for a bedroom with a private en-suite bathroom start at $2,750.
Amenities like “lightning-fast Wi-Fi” throughout, private study rooms, group conference rooms, and a business center with printers drive home the notion that Monarch Heights was developed with college students in mind. However, anyone would be happy to have leisure amenities like the fitness center, coffee bar, outdoor terrace, shuffleboard court, lounge, and roof deck. A doorman, mail room, and complimentary bike room make for a safe, seamless environment.
A look at other Columbia-adjacent buildings shows that these prices are roughly in line with local listings, if not a bargain by comparison. On the opposite side of campus, listings at landmarked hospital turned luxury rental 30 Morningside Drive range from $3,085/month for a studio to $10,950/month for three-bedrooms. Just north of the Cathedral of St. John the Divine, listings at Enclave at the Cathedral start at $3,950/month for one-bedrooms and $4,732/month for two-bedrooms. And for those who have the means to invest in New York real estate as well as a Columbia education, units at luxury condominium Vandewater range from $970K studios to a $4.5 million four-bedroom.
TriArch Management
(646) 485-XXXX
Additional Info About the Building
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