New construction in New York City might be leading the nation, but renovated architecture will always be popular as less space becomes available. Enter: The Willard in the Upper West Side, Stellar Managements' latest portfolio addition and the most recent recipient of a facelift. The Willard sits at 252 W. 76th St. and has done so since 1917. But what was formerly The Willard Hotel has since been turned into rental units, with Stellar Management teaming up with Argent Ventures and Citi Habitats to bring the building up to date. What this means for current residents The Willard's current residents received first offer to renew leases on the building after renovations. A source with Stellar Management said "at the moment, about half of the current residents are staying in the building." Residents were notified of the renovations and given the option to renew. Otherwise, Stellar Management will honor the current lease agreement and renovate the apartments once vacant. Rent...
- JKP Designs & Decoration uncovered original moulding and hidden spaces that will be utilized in the renovation to keep the original Beaux Art feel of the building.
- New units will range in price from $3,896 for a one-bedroom apartment to $14,163 for a four-bedroom.
- Apartment plans can be seen on Citi Habitats website.