The Beechwood Organization has opened a new 237-unit luxury apartment building valued at $125 million in Westbury.
Called The Selby, it is a 582,000 square foot mixed-use development located on 5.87 acres at 695 Merrick Ave. Across from Eisenhower Park. The residential portion of the project contains 210 rental apartments and 27 executive suites for long-term residence, and a 6,000 square foot commercial space will be home to a restaurant in the future.
Among the amenities at The Selby are a 75-foot outdoor pool and 20,000-square-foot terrace for entertaining, large salon, club room with indoor and outdoor bar, fitness studio with yoga room, serene spa, library, game room, and children’s playroom. A business center and a private dining room for events with a fitted kitchen. The property has a car park with electric vehicle charging.
Monthly rents in the Westbury complex range from $3,200 for a 500-square-foot studio apartment to $9,500 for a 2,200-square-foot three-bedroom, three-bathroom apartment.
“We created The Selby to reflect the finest tastes in sophisticated condo apartments to be found east of New York City,” Stephen Dobb, director of Beechwood, said in a company statement. “These are the most beautiful lodgings on Long Island, with the most beautiful lifestyle and in the most beautiful location, across from Eisenhower Park in central Nassau County.”
40 percent of Selby was rented and the first residents moved out last month.
Manhattan-based Ismail Leva Architects, who designed several luxury apartment buildings including residences at Time Warner Center, Fifteen Hudson Yards and Zaha Hadid’s building along the High Line, worked on the architectural and interior design of the Westbury project.
“Selby is designed as a French chateau-style revival building that pays homage to the charm of the neighborhood with the comfort of modern living homes and an array of luxurious amenities,” Ismael Leyva said in the statement. “I am grateful to Stephen Dobb and the Beechwood Organization who involved us in the design of this distinctive new apartment building in the heart of the Long Island Gold Coast. Although these will be luxury rentals on six floors across from Eisenhower Park, they are due to the spacious, high-rise buildings designed along Central Park West in Manhattan by renowned mid-20th century architects Emery Roth and Rosario Candela. We are pleased to offer this level of luxury design and comfort to the residents of The Selby.”
The development of The Selby follows the luxury rental Beechwood building called The Vanderbilt, also in Westbury, which opened in 2018. Within six months of its opening in 2018, the 195-unit Vanderbilt Hotel was built, comprising 178 apartments and 17 executive suites. for a long-term stay. Fully rented.
“Those who live in our luxury residences enjoy a high standard of living,” Dobb said in the statement. “They are young or professional couples with dynamic lifestyles who want to live turnkey outside New York City, but not far from it. They want to stay or live on the island but are not ready or looking to buy. They may also be empty colonists who enjoy the space, comfort and privacy of a family residence. Long lasting but not responsible for owning it.”