HomeReal Estate & DevelopmentInside look at the Bisby, LeFrak’s new luxury rental in Newport that’s...

Inside look at the Bisby, LeFrak’s new luxury rental in Newport that’s already 50% leased (SLIDESHOW)

Just two months after launching, the Bisby, LeFrak‘s newest luxury rental tower in the Newport section of Jersey City, is 50% leased.

The milestone comes before move-ins have begun.

Providing incredible skyline and water views, Bisby is the latest residential development in LeFrak’s Newport neighborhood.

The 34-story building, designed by Minno & Wasko, features 385 studio to four-bedroom homes. Newly completed model residences are designed by Woods Bagot and reflect the building’s waterfront location with private balconies, floor-to-ceiling windows overlooking the Hudson River and interiors showcasing relaxing yet luxurious coastal color palettes.

Richard Wernick, managing director of residential leasing for LeFrak, said he has been thrilled by the pace of leasing. Pricing starts at $3,200 per month for a studio.

“Today’s luxury rental market is extremely competitive, with discerning renters not only looking for beautifully designed homes, but also private outdoor space, amenities that cater to a work-from-home or hybrid lifestyle, and services that meet their every need,” he said.

“Bisby has reached 50% leased in just two months — before move-ins have begun — far surpassing our initial goal and illustrating how this new development checks every box for today’s renters. Our residents value the opportunity to live on the waterfront in a new, well-appointed home with plentiful coworking areas and coveted outdoor spaces like pickleball courts, so it’s no surprise they’re willing to leave Manhattan to live this lifestyle in Jersey City.”

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