NEWS CENTER

NEW DEVELOPMENT: Stonehenge tower gets facelift

December 22nd, 2014 – Olivia gets a facelift Stonehenge Partners, in partnership with SL Green Realty Corp., has completed a $1.5 million capital improvement program at The Olivia, a full-service luxury rental tower at 315 West 33rd Street. The 36-story tower has been “re-envisioned’with designer Andres Escobar involved in extensive upgrades to the amenities and common spaces, including the rooftop terrace and glass-ensconced lounge, fitness center, yoga room, lobby and corridors.

Stonehenge has also upgraded more than 25 percent of the 333 apartments with high-end finishes and state-of-the-art appliances. Along with a 24/7 attended lobby, on-site valet and concierge services, residents of The Olivia also enjoy all of the benefits of living in the Stonehenge community — from complimentary fitness classes to dinner parties with renowned chefs and private movie screenings, both in the building and at properties throughout the portfolio. “Today’s high-end renter expects full-service, highly-amenitized rentals and our re-investment in The Olivia responds to that demand,” said Ofer Yardeni, co-chairman and CEO of Stonehenge Partners.

“At Stonehenge, we always seek to exceed the market’s expectations and provide a caliber of product and lifestyle that inspires our residents to remain a part of the family for many years.” In addition to performing extensive renovations, Stonehenge also recently tapped Quik Park to operate the building’s 250-car parking garage. Located between 8th and 9th avenues, The Olivia includes 270,000 s/f of fully-leased commercial space, including a movie theatre. Studio apartments at The Olivia start at $2,895 per month; one-bedrooms start at $3,650 per month; and two-bedrooms start at $5,625 per month.