The Beechwood Organization has opened its new $125 million, 237-unit luxury apartment building in Westbury.
Called The Selby, the 582,000-square-foot, mixed-use development is on 5.87 acres at 695 Merrick Ave. across from Eisenhower Park. The residential portion of the development has 210 rental apartments and 27 long-term stay executive suites, and a 6,000-square-foot commercial space will be home to a future restaurant.
Monthly rents at the Westbury complex range from $3,200 for a 500-square-foot studio apartment to $9,500 for a 2,200-square-foot apartment with three bedrooms and three baths.
“We created The Selby to reflect the most refined tastes in sophisticated apartment living to be found east of New York City,” Steven Dubb, a Beechwood principal, said in a company statement. “These are Long Island’s nicest residences, with the nicest lifestyle and in the nicest location, across from Eisenhower Park in central Nassau County.”
The Selby is 40 percent leased and the first residents moved in last month.
Manhattan-based Ismael Leyva Architects, which has designed several luxury apartment buildings including the Residences at Time Warner Center, Fifteen Hudson Yards and the Zaha Hadid Building along the Highline, worked on the architectural and interior design for the Westbury project.
The development of The Selby follows Beechwood’s luxury rental building called The Vanderbilt, also in Westbury, which opened in 2018. Within six months of its opening in 2018, the 195-unit Vanderbilt, which has 178 apartments and 17 long-term stay executive suites, was fully leased.
“Those who live in our luxury residences enjoy a high standard of living,” Dubb said in the statement. “They are young couples or professionals with dynamic lifestyles who want turn-key living outside of, but not too far from, New York City. They want to stay or live on the Island but are not ready or looking to buy. They may also be empty nesters who relish the space, comfort and privacy of a long-held family abode but not the responsibility of owning it.”
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