Photos courtesy of Tina Gallo
John Legend and Chrissy Teigen are selling their two penthouses in Nolita for $18 million, the Wall Street Journal first reported. The couple purchased a $9 million unit in 2018 followed by a $7.7 million penthouse in 2020 in the six-story Brewster Carriage House at 374 Broome Street. The A-list duo told the WSJ they wanted to combine the two apartments into one but never did.
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Image courtesy of the Trust for Governors Island
The city’s Economic Development and the Trust For Governors Island on Thursday announced that daily, year-round ferry service to Governors Island will begin on Monday, January 24. The NYC Ferry will add a stop at Yankee Pier on its South Brooklyn Route between Red Hook and Sunset Park, connecting New Yorkers to the island from the Lower East Side and Brooklyn. The new service’s hours will coincide with the Island’s new winter hours, open 7 a.m. to 6 p.m.
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Billionaires’ Row. Photo: © 6sqft
As part of her State of the State address delivered earlier this month, Gov. Kathy Hochul promised to replace the 421-a tax abatement program with a new “effective” credit. Set to expire in June, 421-a gives New York real estate developers who construct new residential buildings a property tax exemption in exchange for designating a portion of the homes as affordable. As part of her executive budget, Hochul on Wednesday outlined her plan for a replacement program called “Affordable Neighborhoods for New Yorkers.” While the new program calls for the units built to be more affordable, much of the structure of the existing tax abatement remains in place.
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Rendering courtesy of the NYC Department of Housing Preservation and Development
A housing lottery opened this week for 31 middle-income units in a brand new luxury building in Long Island City. Designed by Fogarty Finger Architects, Rise LIC is a 10-story residential building offering its residents spacious units with extensive amenities. New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, which range from $1,486/month studios to $3,200/month three bedrooms.
Photos courtesy of The Corcoran Group
Situated at 17 East 93rd Street surrounded by the stately townhouses of the Upper East Side, this 20-foot-wide, 7,500-square-foot home was designed in the Renaissance Revival style by William Graul in the late 1800s. It has since had a complete renovation that spanned over three years, resulting in a home that offers beauty, comfort, and luxury behind a restored classic brownstone facade. Asking $20,000,000, the single-family townhouse even has an elevator, putting each of its five floors within easy reach.
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Photo by midweekpost via Wikimedia commons.
New York City Council Member Keith Powers announced this week the next steps in a plan to bring new life to Midtown’s Park Avenue traffic medians. The newly-revealed plan will transform the avenue’s current malls into “new, world-class, active open space,” according to a press release. A landscape architect will be hired by the Department of Transportation to create a master plan according to a request for proposal, to be issued in the spring.
New life for Midtown streets, this way
Photo: Michael Appleton/Mayoral Photography Office on Flickr
Last year, New York City experienced the highest level of traffic fatalities in over a decade, a majority of which took place at street intersections. Mayor Eric Adams on Wednesday announced a plan to better protect pedestrians, including improving the design of 1,000 intersections across the city, constructing 100 raised crosswalks annually, and enforcing a new traffic rule that requires drivers and cyclists to fully stop for pedestrians when traffic controls are not in place.
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Image courtesy of Gregg Richards
The first-ever Lenape-curated exhibition in New York is coming to Brooklyn. Presented by the Brooklyn Public Library and The Lenape Center, Lenapehoking features a collection of masterworks by Lenape artists and educational programs that teach visitors the story of the Lenape community. The collection is curated by Joe Baker, the co-founder and executive director of the Lenape Center and enrolled member of the Delaware Tribe of Indians. The exhibition opens on Thursday, January 20 at the Greenpoint Library and Environmental Education Center and runs through April 30.
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Rendering courtesy of RXR
A housing lottery launched this week for 143 middle-income units in a new building in Downtown Brooklyn. Designed by Perkins Eastman, The Willoughby is a 34-story mixed-use residential tower offering prospective tenants the opportunity to save money in the long term with rent-stabilized units. New Yorkers earning 130 percent of the area median income are eligible to apply for the apartments, which range from $2,523/month studios to $3,235/month for two bedrooms.
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All photos courtesy of Douglas Elliman
A light-filled one-bedroom is now available in prime West Village. Located at 459 Hudson Street between Morton and Barrow Streets, the co-op is on the smaller side but makes up for the lack of space with an extra dose of charm. A huge skylight helps drench the living room with sunshine, while a corner wood-burning fireplace brings the whole space together. It can be yours for $1,150,000.
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