May 21, 2014

Market Snapshot: The Week of May 21, 2014

Despite sky-high sales at several marquis buildings, condo pricing in Manhattan is down 1.8 percent in the current three month period as compared to the last 90 days. Hotelier Ian Schrager has released renderings for his long-awaited mixed-use condo hotel – Public – at 215 Chrystie Street on the Lower East Side. Is Jake Gyllenhall apartment hunting in Tribeca? New York City versus…. San Francisco?! How two of the priciest cities in the US compare in a head-to-head real estate challenge evaluating the "grittiest" and most glamorous neighborhoods of the two. For market trends, cool listings, celeb real estate news, and eye-opening comparisons, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
May 21, 2014

$13 Million Central Park West Pad Will Make Your Head Swim

Well, if you were getting your finances together to buy the $13 million apartment at 15 Central Park West, you can get off the phone with your accountant because it's sold. Unfortunately for you, Noel Berk of Mercedes/Berk has sold the Upper West Side stunner to someone else for $13.075 million. But that’s not going to stop us from writing about it, so sit back and take in the splendor that is the apartment you just barely missed out on. Unit 15K is an absolutely astounding 3BR/3.5BA beauty, with giant windows that bathe the entire apartment with light. Upon entry to this 2,500 square-foot haven, you’re greeted with a gorgeous foyer with Venetian plaster walls. This leads to a spacious living room with huge windows so as not to obstruct your view of the Lincoln Center. There’s a dining room situated right off the living room, a perfect place to seat your guests as they spend too much time oohing and ahhing over your apartment to remember to eat. And speaking of food, let’s take a trip into this kitchen.
You won't believe your eyes when you see the view from this gorgeous kitchen, here
May 21, 2014

Ingenious Cricket Table by Folditure Flattens to an Inch Thick in Seconds

City dwellers are no strangers to folding furniture — they're true lifesavers when living in tiny, cramped apartments. But while most are functional, few are as beautiful as the fold-up tables and chairs designed by architect Alexander Gendell. His Folditure line (get it?) is not only ingeniously-designed, but each piece — like the Cricket Folding Table — resembles a work of origami art.
See Folditure's Cricket Folding Table in action
May 21, 2014

Call Me Halal: Palatable Advice Straight from the Streets of Downtown Brooklyn

One of the saddest things I heard in the immediate aftermath of 9/11 was told to me by the wife of an acquaintance. She said, with a smug sense of pride, that her family — in an act of patriotic protest to the recent attacks on America — would be ending their long-standing Thanksgiving tradition of serving assorted meat and vegetable pies from Damascus Bakery on Atlantic Avenue in Brooklyn. It was a heartbreaking statement of staggering stupidity, offensive on so many levels, not the least of which was personal. I lived next door to Damascus Bakery in my first Brooklyn apartment. This was before Barney’s, Urban Outfitters and Trader Joe’s arrived. It was when that section of Atlantic Avenue was overwhelmingly Arabic, and I frequented the eateries as often as I could, feasting on delicacies from the Middle East, learning some geography and culture and a little Arabic along the way. And, of course, I met many wonderful people, including the family who owned and operated Damascus Bakery.
Read the rest of Andrew's story here
May 21, 2014

Beautiful Eco-Friendly Loft on Watts Street Sells

It looks like Town Residential’s Danny Davis has done it again. He has made someone fall in love with another apartment, this time at 125 Watts Street. Unit #4 is the quintessential loft experience with high ceilings, white brick walls and tons of light. This historic, pre-war building is perfectly situated in Northwest Tribeca, right on the edge of Soho. This area has those desirable cobblestone streets, not to mention having plenty of dining and shopping to appeal to your chic side, while still being situated right near Hudson River Park and Pier 25 to appeal to your athletic side. You know what they call that? Nirvana.
See what Nirvana looks like here
May 21, 2014

Plans Filed for the SOM-designed Apartment Tower at 401 West 31st Street

Brookfield Office Properties filed its first plans yesterday for their SOM-designed residential tower located at 401 West 31st Street, adjacent to all the Hudson Yards hoopla. The 756,674-square-foot, 702-foot-tall tower will host 790 apartments with 3,438 square feet of retail on its ground level. The design sits within a grouping of glass towers and a low slung, tapering structure. The […]

May 21, 2014

Five Opulent and Ornate Spaces Looking for an Occupant

Anyone who's gone apartment hunting in Manhattan knows it can get a little monotonous — the bone-white walls, standard hardwood floors, and typical layouts. Sometimes the blank canvas just isn't enough; sometimes you need a little oomph. For those of you who enjoy ogling beautiful homes that have been carefully designed and expertly decorated, we've rounded up five opulent and ornate spaces currently looking for an occupant.
See all the stunning spaces this way!
May 20, 2014

Camp Rockaway: Queens Designer Kent Johnson Wants to Bring Luxury Camping to Far Rockaway

And the glamping trend continues... Designer Kent Johnson has just launched a Kickstarter campaign that aims to bring a "luxurious" tent campsite to the Rockaways. From fully furnished tents with crisp white linens, to private fire pits and hot tubs overlooking Jamaica Bay, this is not your everyday man's campsite. And if you think the idea sounds crazy, think again. It's actually an initiative inspired by the area's past, which once found incredible success!
More on Camp Rockaway this way
May 20, 2014

Kirkman Lofts at 37 Bridge Street in DUMBO: Worth Getting on a Soapbox About

In 1915, when this classic factory building was commissioned by the Kirkman & Son Soap Company in a gritty industrial section of Brooklyn, it’s doubtful anyone could have envisioned its reincarnation as a high-end luxury condominium with its locale now fashionably referred to as DUMBO. Quite frankly, with its simple brick façade, one still might be hard-pressed to equate the 7-story brick building at 37 Bridge Street with any kind of residential grandeur — but you know what they say about judging a book by its cover.
See the results of its stunning conversion
May 20, 2014

Catsimatidis’s 30 Year Development Plan on Myrtle Avenue is Finally Underway

Patience is a virtue; one that billionaire tycoon and former mayoral candidate John Catsimatidis clearly has in droves. Cats demonstrated this when he had the foresight to purchase a block of land on Myrtle Avenue in Fort Greene, over 30 years ago, back when the street was appropriately nicknamed Murder Avenue. Not many people would have seen the value in property in an area where Cats jokes that he had to carry two guns “just in case one of the guns runs out of bullets”. However, Cats saw it as a worthy investment. And boy was he right. A few decades and a change of zoning laws have allowed Cats to turn this once terrifying spot into the building site of 4 residential skyscrapers with retail stores on the ground floor. Not a bad deal for a piece of property purchased for under a million dollars says the understatement of the century.
Learn more about Catsimatidis' development project here
May 20, 2014

10 New York Neighborhoods for Artists Now

It’s become all too common in New York City — artists move into a neighborhood, make it trendy and culturally vibrant, and then are forced out by rising rents. It happened in Greenwich Village, Soho, the East Village, DUMBO, and Williamsburg. Do not be disheartened, though, there are still plenty of artist enclaves with thriving creative communities. Ahead are our ten current frontrunners — some may surprise you!
Where the artists are flocking
May 20, 2014

Park Yourself at this $32M Brooklyn Bridge Penthouse and You May Never Leave

In a city where parking is always at a premium, one might consider this $32 million penthouse at One Brooklyn Bridge Park for the two deeded spaces alone — although fortunately, that record-breaking price tag comes with a tad more to pique your interest. There's a long list of reasons to never leave this beautiful one-of-a-kind residence at 360 Furman Street in Brooklyn Heights, so let's just start with the view — or should we say "views". The Brooklyn Bridge, Statue of Liberty, New York City's glorious skyline... take your pick. Because in addition to the terrace's breathtaking panorama, you'll enjoy incredible views from just about every room in this sun-drenched 11,000-square-foot, 6BR/6BA home located on the waterfront.
See why a picture is worth a thousand words
May 20, 2014

The Historic Worth Building Gets a Few New Residents

New York socialites Avi and Savar Leigh just became the proud owners of apartment #5D at 73 Worth Street. As of May 19th, the Strategies of Wealth financial planner and her businessman husband put down $2.8 million to become the new residents of the Worth Building in Tribeca's Historic District. Their gorgeous new 1,925 square-foot loft, listed by Danny Davis of Town Residential, features solid oak floors and large windows throughout. There’s a large great room situated perfectly for entertaining, and an eat-in kitchen with custom cherry wood cabinets, black granite countertops and the stainless top-of-the-line Subzero refrigerator that has become an essential to any chef’s kitchen.
Take a look inside the Savar's new home here
May 20, 2014

Picture-Perfect Apartment in the Trump International Finds a Buyer

The Donald has no shortage of high-rise real estate accolades, but the Trump International Hotel & Tower, located at 1 Central Park West, is considered by many one of his most successful developments. Adapted from a former office tower in 1997, it soars 44 stories above Columbus Circle with stunning views of Central Park and the Hudson River. The lower 22 floors are occupied by a hotel, while the upper 22 contain 158 modern, sunny private residences that are nothing short of trump-tacular. Unit 23D, which recently sold for $8.55 million through Ido Berniker at Mercer Partners, is no exception to the billionaire-worthy design. The 3BR/3.5BA apartment has 10-foot ceilings, as well as sleek modern finishes that really make the interior shine.
More about the spectacular home this way
May 19, 2014

Magical Garden at 645 Carlton Avenue Is Hard to Keep Silent About

A few years before this limestone duplex was built, Prospect Heights was enjoying the success of one of its very own, the original “it” girl, famed silent film actress Clara Bow. And just as Clara became synonymous with the “Roaring Twenties”, the residence at 645 Carlton Avenue is typical of the classic row houses one finds throughout the tree-lined streets of its Brooklyn environs. From the moment you first enter through the gorgeous Palladian arch, there is no mistaking the timeless details that make this carefully restored 2BR/2BA parlor/garden apartment something truly special.
See why this duplex will make you
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May 19, 2014

Clever Kangaroo Light Bends and Flexes to Brighten Up Any Type of Space

The inventors of the viral Ostrich Pillow are at it again, promoting another cool new product on Kickstarter. Only this time, instead of an item that's meant to block out light, the team at kawamura-ganjavian are making it easier to see. Dubbed the Kangaroo Light, this flexible, glowing pad is meant to be a playful and practical solution to flashlights, which all too often get lost in the deep abyss of purses, bookbags and cabinets.
See the light in action
May 19, 2014

Observations: Sherpas Not Needed

Some people have great hair that never goes astray. That made me think about buildings with their new-fangled window-washer rigs. They’re not new but the recent “gold rush” of high-end residential condominiums have led some developers to design curious new building forms that would appear to be major obstacle courses for those marvelous skywalkers who brave the elements and have never experienced a tinge of acrophobia. The faint-hearted, of course, prefer sheer city cliffs, but only the bravest descend from the heights over the new often bumpy terrain.
Sherpas not needed
May 19, 2014

Gorgeous Lenox Hill Apartment Redefines Luxury

Whoever coined the term “the lap of luxury” was clearly thinking of The Mayfair’s apartment #2BC at 610 Park Avenue. This opulent residence, with a $20 million price tag, is so lavish you feel elegant just looking at it. The gorgeous marble entrance gallery is a perfect first impression, setting the tone for the rest of the apartment. The Mayfair was originally the Mayfair Regent Hotel, built back in 1925 by Rosario Candela’s famous partner J.E.R. Carpenter. The building was converted to 15 floors of beautiful condos in 1997.
Take a look inside this palatial pad here
May 19, 2014

Downtown Brooklyn Continues to Boom: Tallest Residential Tower in the Borough Now 50 Percent Leased

Downtown Brooklyn is booming across the board, and buyers are keen to get in on the changes afoot. Five months after hitting the market, Brooklyn’s tallest tower is filling out fast, with half of the units now leased. The SLCE Architects-designed residential skyscraper at 388 Bridge Street rises 590 feet, with 234 rentals and 144 […]

May 19, 2014

It’s a Bird, It’s a Plane, No… It’s Sebastian Errazuriz’s Giant Golden Cow Piñata!

Undeniably, there is much symbolism attached to artist designer Sebastian Errazuriz’s giant golden cow piñata on display in Industry City in conjunction with NYCxDESIGN, New York City’s official citywide celebration of – you guessed it – design. One look at the suspended shimmering beast and you’re likely to be reminded of the infamous golden calf Bible story about idolatry (Exodus 32:1–6, if you’re interested) or notice its uncanny resemblance to Wall Street’s iconic charging bull.
See more of this oversized golden pinata
May 19, 2014

Your Art and Design Events Agenda, For the Week of May 19, 2014

We’re all looking forward to a long weekend this week, so why not get amped for Memorial Day by boning up on some of the knowledge this city has to offer? School yourself on Russia’s Modern Masters, learn about the genius of the Scandinavian design approach, or go one on one with a Whitney Museum artist. As Memorial Day looms, so does the opening of the city’s greatest isle of relaxation: Governors Island. You know summer is almost here when the ferries start running over to Manhattan getaway, so head to the ferry terminal this weekend!
All the best events here

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