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The Octagon, 888 Main Street

Roosevelt Island

Octagon Leasing Office 888 Main Street (212) 888-XXXX

Key Details

  • No Fee Rental
  • Built in 2006
  • 500 Apartments
  • 13 Floors
$53 Avg. Price / Ft2

Overview

One of New York City’s greatest landmarks, the Octagon was designed by Alexander Jackson Davis in 1841 as the centerpiece of the New York Pauper Lunatic Asylum on Blackwell’s Island, subsequently called Welfare Island and known now as Roosevelt Island.  It was the first municipal lunatic asylum in the United States.

In 1893, the institution’s patients were moved to Ward’s Island, further north on the East River, and it became Metropolitan Hospital, which moved to First Avenue and 97th Street in East Harlem in 1953.

The facility fell into disrepair and in the 1970s two 4-story wings flanking the Octagon building were deemed too blighted for reconstruction and were razed.  In 1982 and 1999, the Octagon Building had fires that destroyed about 90 percent of the building.

In 2006, the 2.5-acre property was redeveloped by Becker & Becker, builders and architects.  The firm replaced the 4-story wings with 14-story wings containing a total of 400 market-rate apartments and 100 affordable units.  The Octagon was rebuilt and serves as an amenity center for the complex.

A “green” project, the development has the largest rooftop photovoltaic array of any building in Manhattan that produces 50 kilowatts of power, which is enough electricity for all of the community’s common areas. 

The development was also built to be 35 percent more energy efficient than comparable non-[green buildings by using low-E argon-filled windows, insulated walls, high efficiency heat pumps and occupancy sensors in hallways and stairs and heat recovery units to capture  energy from exhausted air and heat from waste water.  Kitchen cabinets were made from wheat hulls that are a rapidly renewable material.  The development also has a pneumatic garbage collection system, the only one in New York.

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Apts For rent AT 888 Main Street (4)

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Carter Horsley's Review

The Octagon, 888 Main Street Carter Horsley's Building Review
"One of New York City’s greatest landmarks, the Octagon was designed by Alexander Jackson Davis in 1841 as the centerpiece of the New York Pauper Lunatic Asylum on Blackwell’s Island, subsequently called Welfare Island and known now as Roosevelt Island.  It was the first municipal lunatic asylum in the United States." Read Carter's Full Review

The pros & cons

Pros
  • Great octagonal center building
  • 6 tennis courts
  • Doorman
  • Concierge
  • Bicycle room
  • Green building
  • Roof deck
  • Esplanade with views of Manhattan
  • Library
  • Garage
Cons
  • Many apartments
  • No balconies
  • Apartment buildings pale beside Octagon cupola
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Building Managed By Octagon Leasing Office

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In the Neighborhood: What’s Available

Not enough data available to generate chart.
  • 12 Available for Rent
  • $53 Avg. Price / Ft2
  • $2,964 Avg. Price
  • $2,772 Median Price
  1. Most Expensive The Octagon Apt 843 | $3,961
    Price / ft2 $55
  2. Least Expensive The Octagon Apt 1118 | $2,288
    Price / ft2 $55

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Octagon Leasing Office 888 Main Street (212) 888-XXXX
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