NEW HAVEN, Conn – Olive & Wooster, a new 299-unit apartment community in the heart of Wooster Square, less than half a mile from downtown New Haven, started pre-leasing this month ahead of its November 2021 opening.
The new development, offered by Adam America Real Estate, EPIMONI, and B.HOM, is located just blocks from the Yale New Haven Hospital, Yale University, and downtown New Haven.
Nestled in the historic neighborhood of Wooster Square and just steps from Wooster Square Park, Olive & Wooster provides residents both traditional and collective living lease options, with a variety of floor plans that include studio, one-, two-, three-, and four-bedroom units. The collective living option gives residents the ability to rent an individual bedroom and bathroom within a shared living unit, an option not found at other New Haven communities. In addition to shared living, kitchen, and dining spaces, the collective units include free high-speed wireless internet and energy share services. Additionally, residents can opt for fully furnished bedrooms and common spaces. All units in the community have the option of a standard joint-and-several lease agreement, with floor plans suited to a variety of preferences.
The newly built community has a fitness center that boasts an assortment of weight systems and cardio machines, including kettle bells, spin bikes and a heavy bag. The fitness center also features modern touches, like a MIRROR home gym and yoga studio space. Olive & Wooster offers a coworking space, clubroom with communal bar and lounge areas, breakout rooms that can be reserved for private events, pool deck with loungers and dining areas, outdoor cook stations and grills, and outdoor recreational areas complete with an outdoor fitness center. A state-of-the-art package room, package locker system and refrigerated space, give residents hassle-free on-site delivery options for groceries. Keyless door entry gives residents and visitors access capabilities.
Olive & Wooster was designed to meld with the surrounding neighborhood; featuring a varied façade and building heights that range from two to six stories. Located at the intersection of Olive Street and Wooster Street, Olive & Wooster is set back from the main thoroughfares to promote walkability from the community to the surrounding neighborhood. On-site retail and proximity to downtown offers residents convenient living in a charming neighborhood setting.
“This is an exciting project with floor plans and community features that are not available at any other rental community in New Haven,” says Jonathan Jeans, VP of Operations, B.HOM Management. “The collective living component makes Olive & Wooster a true hybrid community for residents and offers a new housing option for a wide-range of prospective renters who are looking for modern living in a walkable neighborhood. There is truly something for everyone to love when they live at Olive & Wooster.”
The community will begin pre-leasing in July 2021 with the first phase of units delivering in November 2021. Subsequent phases will deliver in January 2022 will full delivery in April 2022. To learn more, please visit https://oliveandwooster.com/
Media Contact: Comms@livebh.com
About BH Companies
B.HOM is division of BH Companies, which is a vertically integrated multifamily owner-operator with a proven track record of success in acquisitions, financing, renovations, and property operations. Powered by a performance-driven culture and tech-forward approach, BH has become one of the largest multifamily companies in the United States, nearing 100,000 units under management. Recently named “Best Workplace for Women”, “Best Workplaces for Diversity” and “Best Workplace for Millennials” by Fortune Magazine, BH Companies is strengthened by more than 2,400 employees across the United States.
For more information, please visit the BH Companies website at www.livebh.com
About Adam America Real Estate
Adam America Real Estate is a privately held real estate development and investment company. Founded by Dvir Cohen Hoshen and Omri Sachs in 2009, the company has grown to become a leader in the development of high-quality multifamily housing in the New York metropolitan area. In addition to New York, AARE is active in Florida and Connecticut. As a vertically integrated owner, developer and operator of residential real estate, AARE has actively developed over 2,100 residential units with an additional 1,300 units on the way totaling more than $1.5 billion of developed real estate assets.
The Adam America team brings together a wealth of knowledge and experience in all aspects of development including construction, architecture, financing, and marketing. This, combined with a hands-on approach to managing all aspects of the developments enabled the company to become one of the most active developers in the New York multifamily rental and condominium market.
For more information, please visit the Adam America website at https://www.adamamericare.com/
Epimoni is led by President & Founder Darren Seid. In Greek, “epimoni” means perseverance. Steady persistence towards achieving a goal despite difficulty is the cornerstone of Darren Seid’s business philosophy. Founded in 2014, Epimoni focuses on multifamily development in New York, New Jersey, and Connecticut.
Each investment and strategy are carefully selected with a vision of how Epimoni can produce one of the most desirable and marketable living communities in each particular submarket. The focus on market needs and tenant demand is ultimately what produces the best rent, occupancy, and overall investment performance metrics. The company takes great pride in sourcing opportunities in markets that have been targeted for their upward growth trajectory.
Epimoni brings forward thinking to all elements of a commercial real estate investment. Throughout deal sourcing, capital structuring, product design, construction execution, and property management innovative strategies are deployed over every detail to maximize value. Specializing in developing residential living communities, Epimoni’s assets appeal to institutional investors, family offices, and private investors of all sizes. For more information, please visit the Epimoni website at www.epimonicorp.com