Liberty Luxe Keeps Getting Bigger and Bigger, Racing Toward Completion for No Apparent Reason

As recently as March, the latest BPC Millstein development Liberty Luxe, was rumored to be in a pile of doo doo with construction workers balking at a 30% concession request from the sponsor. Fears were rampant that the charming patch of rental-free grass condo towers would never be built, somewhat of an exciting thought for an area filled with cookie-cutter rental units.

Fast forward to today, where alas it appears as though this development is in full swing and gets more complete every day. What's the hurry, we wonder? As this is obviously no time to be completing condos, maybe Millstein wants to get in on the action in the lucrative Battery Park North rental market, where apartments rent for 10-20% more than in Battery Park South, home to Millstein's "hidden" rental units conveniently buried in condo buildings such as 200 Rector Place. We're not sure if Liberty Luxe is going rental just yet, but with just 20 sales in all of Battery Park in the last 60 days (most of them at the Visionaire, which we suspect is clearing out contracts signed in a different life), we think more rentals are in the cards.