Atlantic Development Group LLC Announces Opening of Two New Rental Buildings in Manhattan

Port 10 and 2 Cooper Open in New York City's Most Sought After Neighborhoods

Jun 14, 2010, 10:27 ET from Atlantic Development Group LLC

NEW YORK, June 14 /PRNewswire/ -- Atlantic Development Group LLC (ADG), one of New York City's leading real estate companies, announced today the opening of two rental buildings in Manhattan.  The two unique luxury buildings – "2 Cooper" and "Port 10" – are opening at Cooper Square and in Chelsea respectively.

2 Cooper, located at East 4th Street and The Bowery, is a new 15-story rental building that is one of the most ambitious, amenity-rich rental properties constructed south of 14th Street. Sun-flooded rooms, 9-foot tall ceilings and open kitchens with restaurant quality appliances are signature details of 2 Coopers' high end finishes. Sleek designers baths – some with double sinks and separate showers and bathtubs – exceptional closet space, and washers/dryers in every apartment all enhance the overall aura of sophistication and comfort.

"It's all in the details at 2 Cooper," said Peter Fine, President of ADG. "The combination of amenities with this particular neighborhood creates a lifestyle opportunity that we believe is truly unique."

The 6,500 square foot landscaped roof at 2 Cooper features an outdoor pool, sunning areas, shaded retreats, and a separate bar and barbeque.  The Coopers Den located on the lower level of the building includes a custom designed fitness center, lounge with fireplace, multi-purpose game room, and a private 15 seat screening room.

Port 10 is located in the heart of Chelsea just steps away from the High Line park. Standing 13 stories tall, the building offers a boutique appeal, compared to surrounding high-rise buildings in the neighborhood.  With only 89 apartments total, and no more than eight per floor, Port 10 establishes an intimate environment for tenants.

"We're thrilled to bring a building like Port 10 to the Chelsea community," said Marc Altheim, Chief Operating Officer of ADG. "We believe it reflects the high-energy feel of the surrounding neighborhood and will be a perfect fit for New Yorkers who work hard and play harder."

Situated amongst Chelsea's art galleries, night clubs and restaurants, Port 10 is an ideal match for New Yorkers who want all the action and benefits of city living. The apartments are meticulously designed to maximize comfort and flexibility, making them ideal for shares. All units are beautifully finished with stainless steel and granite kitchens and spacious baths. Apartment sizes range from studio to three-bedrooms and all units include a washer/dryer.  Port 10 features an ultra-luxurious roof deck which, in addition to breathtaking city and river views, houses an oversized bar, barbeque grill and outdoor cinema.  Port 10's amenities include a customized fitness center open 24/7, a café lounge, and a 24-hour concierge service.  Four residences have private walk-out terraces overlooking the High Line, varying from 440 to 660 square feet.

Since its founding in 1995, Atlantic Development Group has grown into a fully integrated real estate firm with 250 employees.  Including projects currently in construction, Atlantic has developed 70 residential and mixed-use properties, with 6,500 housing units and 300,000 square feet of retail and community space. The firm's premise is simple: quality housing that enhances the character of the entire neighborhood in which it is located.

SOURCE Atlantic Development Group LLC