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Instrata At Mercedes House Is Now Fully Leased

Mann Report Residential, January 2014

Invesco Real Estate is pleased to announce that INSTRATA at Mercedes House, located at 550 West 54th Street, is 100% leased and fully occupied after debuting only 10 months ago. Consisting of 162 luxury rental apartments on the top 11 floors of the Enrique Norton designed Mercedes House, INSTRATA at Mercedes House was the first project introduced under the INSTRATA Lifestyle Residences umbrella, a new luxury lifestyle concept developed by Invesco that not only brings condominium-caliber design and finishes to rental developments but also superb amenities and impeccable service.

This premiere New York City portfolio of high-end rentals includes three other top-tier buildings located in Manhattan and Brooklyn: INSTRATA NoMad (10 East 29th Street), INSTRATA Gramercy (290 Third Avenue) and INSTRATA Brooklyn Heights (75 Clinton Street).

All homes at INSTRATA at Mercedes House - which range from one- to three-bedrooms and expansive penthouse units - are adorned with the highest quality, and sophisticated touches and finishes. Homes include kitchens equipped with Viking ranges, Sub-Zero refrigerators, Caesarstone and stainless steel countertops, as well as bedrooms with custom built-in closets. Additionally, many homes feature private terraces with direct Hudson River views, and penthouse homes have private roof cabanas.

Residents of INSTRATA at Mercedes House enjoy use of the incredible 80,000-square-foot Mercedes Club, which features an enormous 30,000-square-foot fitness facility, Wi-Fi café, media room and lounge area with fireplace. There are also two outdoor decks with over 20,000 square feet of sun-drenched space including a swimming pool, cabanas, lounge areas with fire pits, an outdoor movie theater featuring state-of-the-art built-in-seating sound system, a putting green and a bocce court.