GM's Maven+ Expands to Three Stonehenge NYC Buildings

NEW YORK, March 3, 2016 /PRNewswire/ -- Stonehenge NYC, a leading real estate company in Manhattan, today announced that GM's car-sharing program, Maven+ will expand from The Ritz Plaza and will also be offered exclusively to residents at The Olivia and 101W15.

Maven+, a residential offering under parent brand, Maven, and formerly known as Let's Drive NYC, is leading the way in urban mobility across the country. The car-sharing program allows users to book a car via the Maven app and pick up at the Icon Parking Garage nearest to their building. The program was piloted at The Ritz Plaza in the summer of 2015 and officially launched to all building residents last October.

GM announced the launch of Maven last month as well as the program's expansion to Ann Arbor, Michigan and Chicago. Stonehenge NYC will work closely with Maven+ to expand in NYC. Currently, only residents at The Ritz Plaza, The Olivia and 101W15 will be able to reserve and use these vehicles with possibility to bring the program to more Stonehenge properties.

"Partnering with GM on Maven+ has allowed us to elevate our residents living experience," said Ofer Yardeni, CEO and chairman of Stonehenge NYC. "We are always striving to give our residents the best amenities and Maven+ gives 1,500 of our residents the convenience and freedom of having a car without the hassle of parking and upkeep."

"We are thrilled to expand our partnership with Stonehenge and offer Maven+ services to an extended network of residents," said Julia Steyn, vice president, Urban Mobility, General Motors. "In an urban setting like New York City, we know that convenience is key, and with Maven+, residents will have real-time, on-demand access and a completely personalized car-sharing experience in their own building." In addition to having access to cars, users can also park in any Icon Parking Garage throughout the city for free. Prices start at $9/hour or $75/day and cars range from small to large vehicles. Stonehenge NYC has covered the membership fees for all residents who join the program.

About Stonehenge NYC

Stonehenge NYC and its affiliated companies is a vertically integrated, private real estate company with expertise in investment management, property management, development, design, construction and leasing. Stonehenge, together with its investment partners, owns a portfolio of properties in Manhattan valued at approximately $3 billion comprised of 23 income-producing properties with over 3,000 apartments representing over 3.5 million square feet of prime residential space. Stonehenge is recognized for its above-and-beyond customer service platform and five-star lifestyle programming. More information can be found at: www.stonehengenyc.com.

About Maven

Maven is a new personal mobility brand from General Motors focused on car-sharing services, encompassing all of GM's urban mobility programs under one unified name. Maven's mission is to give customers access to highly personalized, on-demand mobility services. Maven offers services across multiple platforms including city-based programs in select U.S. locations, Maven+, which focuses on residential community car-sharing services, and hub-based programs, which includes Maven's strategic alliance with Lyft. Maven is supported by a global team that includes more than 40 dedicated employees from the connected car technology industry as well as ride- and car-sharing professionals. Learn more about Maven at www.MavenDrive.com and @DriveMaven, #LiveMaven, and download the Maven app on the Apple App Store and on Google Play.

CONTACT
Abigail Rickards
Stonehenge NYC
646.878.2054
[email protected]

SOURCE Stonehenge NYC