NEW YORK, NY – Omni New York celebrated the opening of its Morris Avenue Apartments affordable housing complex located at 655 Morris Avenue in the Bronx, which will provide 176 new units of mixed income housing for New York families and formerly homeless, including formerly homeless veterans.

Eighty-seven percent of the units are reserved for tenants with incomes at or below 60% of the Area Median Income (AMI), with 35 of these units set aside for formerly homeless tenants, including 17 units reserved specifically for homeless veterans, most of whom already occupy their new apartments. The remaining 13 percent of the units are reserved for tenants restricted to 80 percent of AMI.

“We at Omni are excited to open our first new construction building in New York City,” said Eugene Schneur, Managing Director and co-founder of Omni. “Built to meet some of the highest eco-friendly standards in the industry, we are very proud to offer these new, quality affordable housing options for New Yorkers, including formerly homeless veterans. I want to thank HPD, HDC and Bank of America for helping make the Morris Avenue Apartments a reality.”

Omni has already went 16 formerly homeless veterans into their groundbreaking new units and a local non-profit will provide an array of supportive services to all formerly homeless tenants living in the building.

Constructed in partnership with the New York City Department of Housing Preservation and Development (HPD), the New York City Housing Development Corporation (HDC) and Bank of America, Morris Avenue Apartments include numerous sustainable and energy-efficient features.

Approved for LEED Silver Certification prior to construction, the building is on pace to achieve LEED Gold Certification as well as Enterprise Green Communities Certification. Rooftop solar panels will offset a part of the property’s electricity usage. A clean microturbine cogeneration unit will allow the building to produce enough electricity to power the common areas, retail space and community facility, while satisfying domestic hot water requirements and acting as a backup emergency generator. Other sustainable and energy efficient building elements included bamboo flooring, Energy Star rated appliances and water saving fixtures. The building has designated areas for recycling and an interior bicycle room for the tenants and employees of the commercial areas.    

The 15-tale building includes 9,500 square feet of ground floor retail, 8,500 square feet of community facility space and a two-level parking structure with 75 parking spaces. An extensive DVR-security camera system with approximately 175 cameras, including a state of the art facial recognition system at the front entrance, will provide safety for tenants and the public.

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LOS ANGELES, CA – Century West Partners, a Los Angeles-based developer of sophisticated luxury apartment communities, completed the “topping off” at its NEXT on Sixth apartment community currently under development in Los Angeles. The topping off of NEXT on Sixth is a milestone celebration of the newest community to grace Koreatown and was hosted by Century West Partners, the development team behind NEXT on Sixth, on the afternoon of February 15.

Along with Century West Partners’ recently completed K2LA luxury community nearby, NEXT on Sixth is widely recognized for its role in the current renaissance that is reshaping burgeoning Koreatown. “NEXT on Sixth joins our 488-unit K2LA community as one of Koreatown’s most prominent new projects,” said Michael Sorochinsky, co-founder and principal with Century West Partners.  “Each of these communities aims to meet high demand for luxury living options in one of Los Angeles’ hottest neighborhoods.”

The stylish, seven-tale NEXT on Sixth community includes six upper floors featuring 398 leading-edge designed units presented in studio, one-bedroom, and two-bedroom floorplans. The ground level features the community’s sophisticated lobby and one of just a few Target urban-concept retail stores to debut in Los Angeles. The 22,000-square-foot Target store will serve both NEXT on Sixth residents as well as the surrounding community. Construction of the new NEXT on Sixth community is expected to be complete in November of 2017.

“The rejuvenation of Koreatown is truly exciting to us,” said Steven Fifield, co-founder and principal with Century West Partners. “The blend of retail and restaurant amenities coupled with the incredible location has made Koreatown a widely-sought place to live among young professionals, millennials, and those seeking a vibrant urban lifestyle. With these two new apartment communities and the Target offering, Century West is looking to meet the growing lifestyle demands of those who recognize that Koreatown is a right Los Angeles hot spot.”

NEXT on Sixth will offer luxe finishes and tech-friendly amenities less commonly found in rental apartments. The community will also provide a robust package of modern amenities and luxuries for today’s discerning renters.

“We’ve added full height kitchen backsplashes, plank floors, three-door stainless refrigerators, full height Carrera tile surround bathrooms, and light in light mirrors as well as multiple sun decks, a dog run, large aerobics gym, weight room, yoga studio, virtual golf range, video arcade, and lap pool with oversized hot tub and cabanas,” said Randy Fifield, principal with Century West Partners. “These amenities rival five-star resorts. Million dollar condos don’t even offer as much.”

The community will elevate the living experience further, featuring renowned large-scale custom art commissions placed on the community’s exterior and in the community courtyard. Additionally, the community as a whole will act as a gallery, showcasing numerous works throughout and providing a rich cultural experience.

NEXT on Sixth is well-situated at the intersection of Sixth Street and Virgil Avenue near the Wilshire/Vermont Metro subway station. Residents will benefit from immediate proximity to retail, restaurant, business, nightlife, and public transportation.

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