STAMFORD — The Rudin real estate company is poised to take ownership of one of Stamford’s most visible residential properties.
The Rudin family firm is reportedly in contract to purchase 1 Harbor Point in Stamford’s South End from Building and Land Technology for approximately $150 million, according to an article on the Bloomberg financial website.
Known as the Beacon, the two-tower property was built in 2015 with 239 units and stands 22 stories tall. Studio units in the building start at $2,545 a month, according to the BLT website. A two-bedroom units goes for $5,495.
Rudin owns or manages over 30 residential properties and office buildings, according to their website, largely in Manhattan, The Stamford acquisition could be the firm’s biggest investment outside the city.
There was no comment from Rudin or Building and Land Technology this week when asked for input on the reported deal.
The Harbor Point mixed-use development is still growing after thousands of residential units were built beginning in 2009, on vacant manufacturing plants and utility sites.
A spa and wellness center, part of the Bathhouse chain, was approved to be built in a parking lot on lower Washington Boulevard earlier this year, and more residential construction in the area could be in store.
Harbor Point’s waterfront setting and proximity to the downtown Metro-North Railroad station and Interstate 95 are significant draws, according to real-estate observers.
No sale records of the Harbor Point property have shown up in the city’s land records. The Bloomberg report said the Rudin firm was in contract to buy the property.