Let’s face it, if you’re the average New Yorker and aren’t shacked up or down with having a roommate, a studio is probably where you’re heading. According to data from CityRealty, the median price for available studio condominiums in Manhattan and northern Brooklyn stands at $782,000. While there are a paltry number of these apartments available, roughly 200, these pint-sized units allow many first-time condo buyers and those with smaller budgets to enter the condo market.
For neighborhoods with more than two studio condo units on the market, Washington Heights has the cheapest median average, coming in at just $633 per square foot, less than half the city’s median of $1,389 per square foot. Soho, on the other hand, with its 18 availabilities, has the city’s most expensive studios with a median price per square foot of $2,025. Keep in mind, however, that many downtown studios are “studios” in name only. For instance, the most expensive such unit in the city right now is a $6.75 million penthouse loft at 37 Greene Street, encompassing 3,200 square feet of raw space and a 2,400-square-foot rooftop terrace–likely not what that minimalist, low carbon footprint-seeking buyer has in mind. So, below is a list of the five best individual studio deals on the market right now, and a map showing the studios priced farthest below their neighborhood median averages.
Williamsburg became unaffordable a long time ago, but if you’re still looking to get in on the trendy Brooklyn action, this may be your chance. According to the NYC HDC, the affordable housing lottery for 149 Kent Avenue will launch on Wednesday, giving those who meet the income requirements a shot at 33 brand-new apartments ranging from $563/month studios to $926/month two-bedroom units. And they’re just two blocks away from East River State Park (aka the home to Brooklyn Flea and Smorgasburg).
If you’re planning to head down to Chinatown for the celebration of the Lunar New Year, you’ll likely amble past the corner of Mott and Canal Streets, where there is a remarkable building like no other in New York. It’s called On Leong Tong, or, in English, the Merchants’ Association building. Built in 1950, it combines modernism (though you wouldn’t know it to look at it) with familiar Chinese architectural features—the pagoda roof, balconies, colorful columns and so on. Once you’ve seen it, you won’t forget it.
Back in August, 6sqft revealed renderings of the upcoming Long Island City skyscraper dubbed Queens Plaza Park, which is slated to rise 915 feet. At the time, this made it the tallest building planned outside of Manhattan, but a lot can change in six months. First off, Brooklyn will take the outer borough title, as a 1,066-foot tower is planned for 340 Flatbush Avenue Extension in Downtown Brooklyn. And now, Queens Plaza Park will also lose its Queens-based superlative, as The Real Deal reports that there’s a new tallest building in town.
Flushing-based developer Chris Jiashu Xu of United Construction & Development Group filed plans for a 79-story residential tower in Long Island City that will rise a whopping 964 feet. It’s located just north of One Court Square (the borough’s current title-holder at 658 feet) at 23-15 44th Drive and is titled Court Square City View Tower. The building is designed by Goldstein, Hill & West Architects (the same firm responsible for former tallest frontrunner 42-12 28th Street) and appears to be a fairly standard glassy volume. Its 759,000 square feet of residential space will yield 774 apartments, and there will also be 200,000 square feet of retail on the ground floor.
The listing calls this 6,300-square-foot Brooklyn Heights townhouse at 11 Cranberry Street, for rent at $29,000 a month, “five floors of fabulous.com.” We’d hope it lives up to the praise: The meticulously restored and painstakingly designed historic home is available furnished, for short or long term, and the asking rent (up from last summer’s $25K monthly ask) makes it the borough’s most expensive rental.
The pretty–and pricey–neighborhood, transcendent bridge and river views, and proximity to Brooklyn Bridge Park already count for a premium. In addition to historic bones and soaring ceilings, the home has designer flair and up-to-the-millisecond modern conveniences like “an epic 5 zone Sonos music system” (though with five stories, we’re noting the lack of an elevator).
It seems safe to say at this point that two of starchitect Bjarke Ingels‘ favorite architectural elements are stepped facades and integrated natural spaces. His latest creation, an office tower appropriately dubbed the Spiral, incorporates both of these features, with a “cascading series of landscaped terraces and hanging gardens as its signature element,” according to a press release sent out today.
The 1,005-foot-tall, 65-story tower will rise at 66 Hudson Boulevard, at the intersection of the High Line and Hudson Yards, occupying the full block bound by West 34th Street, West 35th Street, 10th Avenue, and the four-acre Hudson Boulevard Park (BIG is also designing a pair of towers at the southern end of the High Line). Ingels said his conceptual design “combines the classic ziggurat silhouette of the premodern skyscraper with the slender proportions and efficient layouts of the modern high-rise.”
A geodesic dome house near the mountains of the Catskills? Yes, it exists. This $1.49 million property at 106 Mountain Laurel Lane, which spans a little more than one acre, holds a house with two very distinct architectural styles. The first is contemporary, which the listing says is inspired by the “lines and modern aesthetic of Frank Lloyd Wright.” Then there’s the dome design, inspired by architect Buckminster Fuller. The two styles were integrated into a 3,300-square-foot home with three bedrooms. Inside, a triangle door from the “contemporary wing” leads you into a geometric space with triangular windows and a pentagon skylight. You don’t see ‘em like this everyday.
- Watch this lovely short documentary about Elias Weiss Friedman, a.k.a. the Dogist. [Gothamist]
- Take this food test to find out if you’re a real New Yorker. [BuzzFeed]
- Inside Marisa Tomei’s gorgeous Manhattan apartment, full of flea market and thrift store finds. [Elle Decor]
- Designers are working to turn ugly window grilles into beautiful works of art. [Untapped]
- Mapping phone reception in the subway. [CityLab]
The affordable housing lottery for the Durst Organization‘s nearly finished rental tower EŌS at 855 Sixth Avenue launches today, according to the NYC HPD. One year ago, 6sqft reported on the 42-story structure’s topping out, which at exactly 500 feet makes it officially tied as the shortest skyscraper in the city. Now, with full leasing slated to begin this spring, the application process for the 75 newly constructed, below-market rate apartments set aside for low-income residents is open. Rents in the Midtown West tower will range from $566/month studios to $930/month two-bedroom units.
Not looking forward to this week’s predicted wintery weather? Make the icy temps and slush-covered streets a little more bearable by coming home and cozying up with your sofa (this is also a great option if you’ll be spending Valentine’s Day solo). Moody Nest is Frankfurt-based designer Hanna Ernsting‘s pouf with a blanket that turns into the perfect place to hibernate.
The somewhat anomalous Newswalk building at 535 Dean Street in Prospect Heights was developed by the somewhat notorious Shaya Boymelgreen (who, for the record, is not known for aesthetically pleasing designs) just before the neighborhood became popular. The condo conversion named for its former life as the 1927-built New York Daily News printing plant doesn’t fit into any of the latest crop of easily dismissible residential building categories. There’s a certain credibility to be had, both from an invasive and a pioneering spirit in this complex neighborhood. And that makes its residences unique if a little confusing.
This latest offering is no exception. The two-bedroom penthouse loft’s interior design looks more Manhattan than Brooklyn, which may help explain the asking price of $5.9 million. Private outdoor space goes on for days, as does the list of building amenities–and there are a few surprises.
Construction is underway for a set of two-family townhouses at the northwest corner of Grand Street and Marcy Avenue in Williamsburg. The eyesore of a vacant lot at 50 Marcy Avenue and 349-353 Grand Street will give way to four identical rowhouses designed by KMP Design and Engineering with Patoma Partners as the developers. According to the building permits, each townhouse will have approximately 9,500 square feet of residential space and 5,500 square feet of commercial space. The ground floors will feature offices and retail and the collective eight apartments are planned to have four bedrooms each.
- Anne Hathaway Buys $2.55M Upper West Side Co-op
- De Blasio to Announce $2.5B Brooklyn-Queens Streetcar Line
- Maya Angelou’s Historic Harlem Brownstone Lists for $5M
- Bjarke Ingels Is Designing a $50M NYPD Station House in the South Bronx
- They Paved Washington Square Park and Put Up a Parking Lot
- For $23 Million You Can Be Donald Trump’s Downstairs Neighbor
This Week’s Features
- The Urban Lens: Documenting Gentrification’s Toll on the Mom-and-Pops of Greenwich Village
- Art Nerd New York’s Top Event Picks for the Week – 2/4-2/10
- Spotlight: Erika Chou Brings the Flavors of China’s Yunnan Province to the Lower East Side
Left image via James and Karla Murray