July 31, 2016

Revealed: Rem Koolhaas’ First NYC Building in Gramercy

As 6sqft previously reported, "thirty-eight years after the publication of his acclaimed book 'Delirious New York,' Dutch architect Rem Koolhaas and his global architecture firm the Office for Metropolitan Architecture (OMA)... have finally landed their first ground-up New York City commission." And now, CityRealty.com has uncovered the first official renderings of the two-towered condo development, located at 122 East 23rd Street in Gramercy. The Pritzker Prize winner has designed a crystalline glass and concrete facade with a chiseled corner on the north building that exposes its glass edges. In between the two buildings will be a courtyard surrounded by private apartment terraces. The courtyard will lead into a pool area, children's play area, and screening and party rooms on the building's lower levels. There will also be a robotic parking system that brings cars to underground storage.
More details
July 30, 2016

July’s 10 Most-Read Stories and This Week’s Features

July’s 10 Most-Read Stories Life Behind the Stacks: The Secret Apartments of New York Libraries Lottery Opens for 13 Affordable Units in Washington Heights, Starting at $868/Month Parlor-Floor Apartment With Four Palladian Windows Asks $1.2 Million Off Central Park Lottery Opens Tomorrow for 300 Affordable Rentals at Pacific Park Brooklyn Apply For Affordable Condos at […]

July 29, 2016

Friday 5: Where to Find Free Rent and Deals in NYC’s Top Starchitect-Designed Buildings

No longer are New York's most distinguished and architecturally avant-garde residential buildings limited to condos and co-ops. With more design-attuned renters on the market, developers are tapping the world's best architects to make their rental properties stand out. A spate of renowned designers have hit the city's architectural scene as of late, including of-the-moment starchitect Bjarke Ingels, long-time favorite Robert A.M. Stern, and Pritzker Prize winner Christian de Portzamparc. While rental prices in these properties are usually higher than average, these buildings provide condo-level finishes, gracious and unique layouts, and all the amenities a renter could wish for. The slowing rental market and the influx of hundreds of new apartments have compelled landlords to offer some short-lived deals and incentives to attract lease-signers. See our list below of the five most stunning new rental buildings that are now offering rental concessions.
See all the deals here
July 29, 2016

The Bronx Dethrones Brooklyn for Most Residential Permits Issued

For the past four years, Brooklyn has had more residential permits issues through the Department of Buildings than any other borough. But according to a report from the New York Building Congress shared by DNAinfo, during the first six months of 2016, the Bronx has taken the lead, accounting for nearly 32 percent of all permitted units, a major jump from its 11 percent average over the past four years. For comparison, last year Brooklyn had a staggering 26,000 units permitted, but this year fell to 1,400; the Bronx had 1,900 units authorized this year. Brooklyn's sharp decrease is part of a city-wide drop after the 421-a program expired at the beginning of the year that caused developers to rush to get their permits in at the end of 2015. But the Bronx's surge is likely due to a huge affordable housing push: "More than 43 percent of the units that began construction in the first six months of this year under Mayor Bill de Blasio's ambitious affordable housing plan... were in the Bronx."
More on the trend
July 29, 2016

Inside the Museum of Ice Cream; 45 Designers Create Pins for Hillary

The pop-up Museum of Ice Cream in the Meatpacking District opens today, and it’s already sold out. Have a look inside. [Eater] The Four Seasons auction topped $4.1 million, including a $10,000 bid for ashtrays. [NYT] Hillary Clinton’s campaign has launched the Forty-Five Pin Project, where 45 designers have created their version of a political button. […]

July 29, 2016

Spotlight: Olympic Silver Medalist Tim Morehouse Hopes to Create a Fencing Hub on the UWS

The opening ceremonies for the 2016 Rio Olympics are a week away, and for many of us it's all about the swimming, gymnastics, and track and field. But for Tim Morehouse, the main event is fencing, a sport with three weapons (sabre, foil, and epee) that has tremendous depth internationally. In 2008, Tim was part of the US men's sabre team that won silver in Beijing, and in 2012 in London, he reached the quarterfinals in the men's individual sabre event. Four years later, Tim has transitioned from a competitor to a fencing ambassador, aiming to raise the sport’s profile in the United States. To accomplish this, he founded and runs Fencing in the Schools, a non-profit organization that teaches physical education teachers the basics of fencing so they can introduce it to their students - especially those who might otherwise not have the opportunity to try it - with the hope of a few of them wanting to take it beyond gym class. In November 2015, Tim continued his mission by opening his own sabre club on the Upper West Side. Though less than a year old, the club is already making a name for itself on 91st, as well as way beyond; at the recent United States Fencing Association's National Championships in Dallas, two of club's students medalled. 6sqft recently spoke with Tim to discuss the Olympics, starting his own club, and his goals of making fencing accessible to everyone.
Read the full interview here
July 29, 2016

Floor-Through, Two-Bedroom With Historic Touches Asks $9,500/Month in the Village

Charm abounds at this two-bedroom West Village apartment, which spans a full floor of the 1875 brownstone building 69 Perry Street. The interior boasts some beautiful historic details like moldings, carved fireplace mantles and original shutters. The fully-furnished apartment also comes with the owner's impressive collection of antique mantel pieces, 19 century paintings and antiques, and an Italian ceramic collection. Overall, not a bad spot to cozy up for a year.
See more of the apartment
July 29, 2016

This Montauk Beach House, Reminiscent of the Salk Institute, Blends Naturally With the Shore

This beach house, designed on the shores of Montauk by John Pawson, is anything but flashy. Instead, the goal was to blend the building with its surroundings--"to engage naturally with the flow of the dune," as Pawson put it. It's almost reminiscent of the Salk Institute, a complex designed by Louis Kahn in La Jolla, California that powerfully engages with the Pacific Ocean. Here, the home barely peeks above all the beachfront brush surrounding the Atlantic. And from the interior, numerous decks look like they're extending naturally into the sand. This is the type of getaway that'll really make you feel one with nature.
See more
July 29, 2016

Lottery Opens For 75 Affordable Units in Fisher Brothers’ Glassy New Murray Hill Tower

Starting today, New Yorkers earning 60 percent of the area median income can apply for 75 brand new units at 225 East 39th Street, the 36-story, curving glass high-rise from the Fisher Brothers and designed by Handel Architects. Located at an interesting crossroads of residential Murray Hill and tower-laden Midtown East, the 373-unit rental offers an impressive pack of amenities, including a fitness center, swimming pool, hot tub and sauna, yoga studio, game room, outdoor terrace, courtyard garden, roof deck with cabanas and barbecue stations, and on-site parking. The affordable units, which may be required to pay additional fees for some of these amenities, range from $833/month studios to $1,247/month three-bedrooms.
More on the building and application process
July 29, 2016

Drivers Wanted (Again) for This $4.5M Soho ‘Ferrari’ Bachelor Pad

Anchoring a Soho building that began life as a horse stable for the fire department, this two-story live/work space at 554 Broome Street, just listed for $4.5 million, has quite a few stories to tell–though by now they may be familiar ones, as this instantly-recognizable property is no stranger to the market. First, there's the story of the late Italian count, prince and duke who was also the relative of two popes, a Ferrari dealer, avid car collector, and playboy. Roffredo Gaetani (full name: Roffredo Gaetani di Laurenzana dell’Aquila d’Aragona Lovatelli) was also frequent gossip column fodder in the 1990s because he and Ivana Trump (Donald's first wife) were a high-profile item for a time. Gaetani died in a car crash in 2005, and his estate sold the racy pad to then-bachelor brothers Arash and Daniel Gohari, who are known for the far less gossip-worthy founding of the Xerxes Group real estate investment company.
If these walls could talk...
July 28, 2016

Hip Apartment With Spacious Private Balcony Asks $695K in Ridgewood

This super-stylish condo apartment comes from the Glenridge Mews, a complex in Ridgewood, Queens comprised of nine interconnected buildings with private walk-ways lined with lush greenery and landscaping. The outdoor space doesn't end at the apartment, as the 1,089-square-foot pad comes with a 75-square-foot private balcony large enough for a modest outdoor dinner party. And inside, tons of windows and exposures to the east, west and south ensure a bright, cheerful spot that's now asking $695K.
Take a tour
July 28, 2016

How to Research the History of Your Address in NYC

Have you ever wondered if someone famous used to live in your building? Or what architect built it? What about more dramatic things, like police activity and rat infestations? Verifying these facts–who once lived at your address, whether or not it was ever the scene of a crime, past construction work and violations, and its […]

July 28, 2016

Art Nerd New York’s Top Event Picks for the Week- 7/28-8/3

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! The beautiful hills of Governors Island has a new sculpture by British artist Rachel Whiteread, and it is yours to discover through the entire season. Bring a tote or a T and get a custom screen print by Brian Leo, or head to GHOST art lounge to talk all things about artists JMR and CRASH. Head outdoors for a day time dance party at MoMA PS1, for a French film at Tompkins Square Park or to the gorgeous Morris-Jumel Mansion for live art and jazz. Celebrate sound at Pioneer Works, or if you're feeling adventurous; hop a train to Asbury Park for sun, surf and the Art Star Craft Bazaar.
More on all the best events this way
July 28, 2016

MTA Likely to Implement Fare Hike to $3 by 2017

Start saving your quarters; the MTA all but definitively announced at its board meeting yesterday that it will raise subway and bus fares by 2017 in an effort to raise more than $300 million annually. This is part of their four-year financial plan that includes fare and toll hikes every two years to Jamison Dague of the nonprofit Citizens Budget Commission told the Daily News that if past increases are any indication, the MTA will likely raise fares from $2.75 to $3, a four percent increase that would bring in roughly $308 million through 2020. And if another increase was implemented in 2019, the cash-strapped agency would pull in an additional $594 million over two years.
More here
July 28, 2016

POLL: Will Whole Foods Drive Up Real Estate Values in Harlem?

6sqft has previously written about the Whole Foods Effect--the pattern of real estate values increasing when a new grocery store opens nearby. In fact, national data from Yahoo! Finance showed that "homes with a Whole Foods in the ZIP code appreciated by nearly 34 percent." And here in New York, the Effect seems to be taking hold in Harlem, where a Whole Foods will open next year at 125th Street and Lenox Avenue in a six-story commercial building spanning over 200,000 square feet (other tenants will include Burlington Coat Factory, Nordstrom Rack, Olive Garden and TD Bank). Citi Habitats agent Chyann Sapp told the Post that "there’s a one-bedroom two blocks away for $1,800. And the owner said that once Whole Foods opens he thinks he could easily get $2,000, $2,100 for it." The store was first announced in 2012, at which time the area's price per square foot was $594, according to appraisal firm Miller Samuel. As of 2015, it had risen to $839. Similarly, townhouse prices have doubled from $2 million to $4 million in this time.
Is Whole Foods behind it?
July 28, 2016

Knicks Star Kristaps Porzingis Rents $8K/Month Penthouse in Fitness-Centric Midtown Building

Knicks star Kristaps Porzingis recently rented out an $8,000 a month penthouse at Midtown West's amenity-rich Sky. Located at 605 West 42nd Street, the glassy slab tower affords the 7-foot-3-inch Latvian player with a Carmelo Anthony-designed NBA regulation-sized basketball court, which is part of a 70,000-square-foot recreation facility that also boasts gyms, three pools, a café, yoga and cycling studios, billiards lounge, and a spa. As the Post tells us, "Godzingis" also rented out another two high-floor units for his brothers Martins and Janis.
See it all here
July 28, 2016

Time Lapse Video Shows How Midtown’s Tall Towers Will Cast Dark Shadows on the Park

A dozen supertalls (1,000 feet or higher) in the construction or planning stages in Manhattan include a significant number on the rise along the Billionaires’ Row strip just south of Central Park. This trend has been causing concern due to the shadows the looming towers will cast on the park. Now, a slightly ominous time-lapse video from Cube Cities shows how Billionaires' Row will have a sundial effect on the park (h/t Gothamist). The length and duration of the shadows will vary as the sun's angle changes with the seasons; fall and winter days are looking dark, with the tall towers' long shadows reaching as much as a mile into the park.
Watch the tall towers darken the park on a fall day in the future
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July 28, 2016

Rupert Murdoch’s Multi-Terraced West Village Townhouse Sells for $27.5M in Just Five Months

Last August 6sqft reported that News Corp. head and Fox News founder Rupert Murdoch had put his West Village townhouse–the one he'd bought just five months prior for $25 million–on the market. Now, just five months after listing the 25-foot-wide, four-story brick home for $28.9M, the house has found a buyer, the New York Observer reports. Whomever is behind the entity known as West 11th Street, LLC has purchased the 6,500-square-foot Greek Revival manse for $27.5 million. The deal represents a $2.5M profit for Murdoch (and we all know how much he needs a few more million).
See what else makes this townhouse so buy-able
July 27, 2016

In the 1980s a Group of Feisty Tenants Blocked Evictions by Donald Trump

It's no secret that Donald Trump has engaged in some shady real estate dealings over the years, from his fraught attempt to own the Empire State Building, to the "public" gardens at Trump Tower that allowed him to build taller, to a lost battle with China over two major office buildings (not to mention his many bankruptcies). But there was at least one snafu that he wasn't able to weasel himself out of, and it was all thanks to a group of feisty residential tenants. In the early 1980s, Trump planned to evict rent-controlled and rent-stabilized tenants from 100 Central Park South (now known as Trump Parc East) and build a larger tower on this site and that of the adjacent Barbizon Plaza Hotel. He hired a management firm that specialized in emptying buildings, and they began eviction proceedings. After claiming reduced services, a lack of repairs, and overall harassment, the tenants decided to fight back, and in the end 80 percent of them remained, leading to this revelation by the Donald: "What I've learned is that the better the location and the lower the rent, the harder people fight. If I were a tenant, I'd probably be a leader too."
Get the full story here
July 27, 2016

13 Chances to Live in a Cool Williamsburg Rental For As Low As $722/Month

Starting today, an affordable housing lottery is open for 13 units at Williamsburg's new rental the Brooklyn Grand. Located at 774 Grand Street, the Meshberg Group-designed building is eight stories tall with ground-floor retail and offers a total of 64 units, 20 percent of which are reserved for individuals earning 60 percent of the area median income. The units up for grabs range from $722/month studios to $900/month two-bedrooms, and tenants will have access to the building's roof terrace and fitness center and, for an additional fee, parking and bike storage.
See if you're qualified to apply
July 27, 2016

For $1.2M This Bright Village Loft Is at the Crossroads of Everything

This $1.195 million co-op at 9 East 13th Street just off Fifth Avenue is a classic vintage downtown Manhattan loft updated for the 21st century. In a bustling spot at the crossroads of old and new near NYU and Parsons and between Union Square and Washington Square Park, the building may be old but as with most lofts, this bright one-bedroom home's interiors are filled with light and lots of white, brick and pale wood. And this particular loft has the distinction of having an impressive amount of private finished outdoor space perched above the Village scene.
Take the tour
July 27, 2016

Kelsey Grammer Lists Chelsea Condo in Jean Nouvel’s 100 Eleventh Avenue for $9.75M

While in the midst of a very public divorce from third wife Camille in 2010, actor Kelsey Grammer moved from their 15 Central Park West pad to a much more mod condo at Jean Nouvel's glassy 100 Eleventh Avenue in west Chelsea. Apparently, says the Observer, he tried to keep the $6.4 million purchase "top-secret" as he was "buying it for himself and his then-mistress Kayte Walsh." The "Frasier" star eventually married Walsh, and they now have two children together; his publicist confirmed that he's listed the three-bedroom spread for $9.75 million since they've "outgrown" the space.
Check it out
July 27, 2016

INTERVIEW: George Cominskie on the History and Future of the Westbeth Artist Community

Westbeth Artists Housing at 55 Bethune Street in the West Village opened in 1970 to provide affordable live/work spaces for artists. A young Richard Meier took the project on as one of his first commissions, transforming the former home of Bell Laboratories into 384 units open to artists of all disciplines. Today, Westbeth remains home […]

July 27, 2016

Tribeca Mural Is a Tribute to Ellis Island; New Yorkers Meet Wi-Fi Kiosks With Mixed Reviews

Famed graffiti artist JR unveiled his latest mural at the upcoming condo project 100 Franklin Street in Tribeca. It’s a tribute to Ellis Island’s emotional past. [CityRealty.com] Momofuku Milk Bar owner Christina Tosi bought this appropriately fun and colorful Chelsea loft for $3.7 million. [LLNYC] An Ikea food truck is giving out free meatballs in Brooklyn all […]

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