Located at the southwest corner of Montrose Avenue and Bernard Street, on formerly vacant land, the new five-story building has 32 one-bedroom and 16 two-bedroom apartments, which are nearly fully occupied.

Locally-based developer Bijou Properties and partner Intercontinental Real Estate Corp. of Boston, who previously teamed up for the development and successful lease-up of Vine at 900 Monroe Street, recently announced the marketing campaign for 7 Seventy House, which also includes approximately 25,000 square feet of ground floor retail space.

Want to know what building owners need to know? There are 11 pieces of legislation that are part of the Act, but the centerpiece establishes strict carbon emissions limits for NYC buildings larger than 25,000 square feet.