If you’re stuck on the idea of living in Manhattan, in a super-desirable neighborhood near just about everything great, but you’re on a budget of under $1 million, you’re probably checking out studios. And if you’re good with studio living, this gorgeous little pre-war co-op at 1 Rutherford Place in Gramercy Park would be hard to turn down. Besides being in a lovely building and possessed of custom details like a wall of steel and glass, you get a private outdoor terrace that’s almost as big as the apartment itself.
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At a house-sized 3,809 square feet, this jumbo co-op at 50 Gramercy Park North, on the market for $9.5 million, is likely two apartments that were combined. As a result, there’s more room for bedrooms, living and entertaining space and more floor-to-ceiling glass to take in the view. The building is also home to the Gramercy Park Hotel, so you get hotel-level amenities as part of the deal, along with a coveted key to the park.
In New York City, where buying and selling real estate is a high-stakes endeavor, the topic of historic and landmark designation is frequently raised. There are heated discussions on the subject of listing neighborhoods or buildings on the State and National Register of Historic Places or having them designated by the city’s Landmarks Preservation Commission. It’s important to know what those organizations do and the distinctions between them. You could even be eligible for significant financial aid for your renovations if you own property in an historic district.
This two-bedroom apartment comes from the co-op building Gramercy Arms at 102 East 22nd Street. The building boasts a great location, midway between Gramercy Park and Madison Square Park. As for the apartment, it’s got plenty of prewar charm and a cute, retro kitchen to boot. And it’s asking $1.8 million.
Built in 1929 and designed by architecture firm Schwartz & Gross, the landmarked 16-story building at 44 Gramercy Park North is “distinguished and eclectic,” according to architecture critic Carter Horsley. Those adjectives certainly describe this out-of-the-ordinary home currently listed at $6.25 million, which 6sqft covered previously, marveling at the co-op’s elaborate “Downton Abbey”-esque Tudor stylings. The sprawling 12th floor apartment was the residence of the building’s owner/developer, so no expense was spared in its creation, which explains Neo-Gothic details like a limestone arch and casement windows, terra-cotta panels and brickwork. The home’s current owners have lived here nearly 50 years.
In its newest incarnation the apartment’s listing offers a combination of units 12A and 12D, turning the size of this Gramercy aerie from grand to palatial at 2,500 square feet, claiming the largest amount of frontage (88 feet) facing south onto Gramercy Park through 14 enormous handcrafted stained glass windows. And the two-in-one situation looks like quite a find for the buyer who likes options.
Just because an apartment is small doesn’t mean it can’t have lots of personality. That’s the case for this alcove studio at The Gramercy House, a co-op at 235 East 22nd Street in Gramercy Park. The building itself makes quite a statement; it was designed by architects George and Edward Blum in 1931 as an impressive Art Deco apartment building. Historic interior details have managed to carry over into this apartment, with moldings, hardwood floors and even a corner wood-burning fireplace.
From the outside, the Gramercy Park townhouse at 132 East 19th Street is immediately impressive. According to this Streetscapes column, it was a brownstone completely redesigned in 1908 by the innovative architect Frederick Sterner. Now the facade boasts a light stucco and huge windows that lend to lovely, bright apartments. The building’s penthouse unit has hit the market and is showing off massive floor-to-ceiling clerestory windows, under 14-foot ceilings, that offer a view over the other landmarked townhouses of Gramercy Park.
Thurman lived at the prewar co-op for nearly 15 years, buying several additional units and combining them—while keeping a hand in the real estate game all the while, including a four-bedroom co-op at the venerable River House at 435 East 52nd Street, purchased from romance author Barbara Taylor Bradford in 2013 for $10 million. She’s finally parting ways with her Gramercy home to make that move uptown. The “Kill Bill” star reminisces in a NY Times interview about her family life in the building, “It was such a cozy place—it really was home for us.”
It is well known that Eloise lived in The Plaza. But the book was published in 1955, well before Manhattan real estate skyrocketed. So what would her apartment be worth today?
In fact, many children’s books have been set in New York City—think “Harriet the Spy” or “Stuart Little.” In this day and age of record-setting prices, how much would those fictional characters have to pay to live in their homes today? Who would have seen the most appreciation, Eloise or Lyle Crocodile?
Much detective work (à la Harriet) reveals the residences of a boy-mouse and a anthropomorphized girl dog span various neighborhoods including the Upper East Side, Gramercy Park, and Park Slope. What follows is a survey of six iconic picture books set in New York City and the current valuations of their fictional homes.
In anticipation of its official sales launch later this winter, Ben Shaoul’s Magnum Real Estate Group has illuminated Luminaire, a 103-unit condominium-conversion at 385 First Avenue in downtown’s Gramercy Park neighborhood. According to the marketing team, the cool-blue lighting scheme, specified by Magnum, is inspired by the building’s floor-to-ceiling windows and sun-bathed units.
It’s true, this unseasonably warm weather isn’t anything to complain about. But it’s hard to look at a fireplace like the one pictured above and not start pining for a winter chill. The grand marble fireplace (which is also wood-burning…perfect for wintertime!) belongs to a one-bedroom apartment at 242 East 19th Street, an Art Deco co-op building in Gramercy Park. Constructed in 1926 and converted to a cooperative in 1984, the 15-story brick Italian Renaissance-style building holds 113 apartments. And since many of the surrounding buildings are low-rise, there’s a great view from the building’s roof deck.
This apartment has the spacious rooms that you often find in prewar apartment buildings. It’s a one-bedroom, although there’s an office space without a window that could be used as a second bedroom. It’s up for sale for $1.2 million by owner and photographer Julia Indrani Pal-Chaudhuri (known simply as Indrani).
There’s a certain prestige that comes with living in the Gramercy Park neighborhood. Sure, if you’re renting an apartment a block away you’re not going to get one of the prized keys into the park. But still, it’s nice to walk by and take a peek at how the other half lives. This rental apartment, a duplex at 228 East 22nd Street, sure isn’t inexpensive—it’s asking $7,500 a month—but it’s still less than the millions you’d pay to live in a condo off the park. Best of all, this apartment comes with plenty of exposures and big windows to soak in the beautiful neighborhood around you.
This almost-2,000 square-foot co-op at 235 East 22nd Street in Manhattan’s elegant Gramercy neighborhood is one of those classic pre-war apartments–created by combining two units–that, when you look at the floor plan, is startlingly spacious. There are room-sized closets, areas for eating and dining, foyers, galleries and office nooks–the antithesis of the tiny NYC apartment. This three-bedroom home also has those charming and sophisticated pre-war details–nine-foot-high beamed ceilings, big rooms, inlaid floors, restored moldings, built-in cabinetry and massive casement windows.
We all know the space itself is what counts in NYC real estate. Quirky objets and freaky art will almost assuredly be bundled out with the departing resident, never to show hide nor hair (literally, in this case) once the van pulls away. On the other hand, though it’s sometimes fun to see what you’re not getting for your $2.4 million, any real estate agent will tell you that staging is no small matter.
Here’s a NYC apartment that’s thoroughly Manhattan, but, if you’re standing in the right spot, could be any suburban home. Located in a bustling East Side spot that’s either Gramercy, Kips Bay, Murray Hill or Midtown South, depending on whom you talk to, this two-bedroom garden condop at 242 East 25th Street just hit the rental market for $6,500/month. And if you can’t bear to part with it, you’re in luck, it’s also for sale (asking $1.995 million).
The apartment is only 939 square feet, but it’s well-configured, with bedrooms on either side of spacious common areas–and, more importantly, one of those areas is a glass-walled solarium that overlooks a 785-square-foot private deck and backyard that extends your space in a way most New Yorkers envy.
Yesterday, we reported that My Micro NY, the city’s first micro apartment complex, was accepting applications for its affordable units, which account for 22 of the building’s 55 studios. Located at 335 East 27th Street on the border of Gramercy and Kips Bay, the building has units that range in size from 260 to 360 square feet. One person earning between $34,526 and $48,350, or two people making between $34,526 and $55,250, qualify for a $950/month studio. And one person making between $53,109 and $78,650, or two people earning between $53,109 and $89,830, qualify for slightly larger $1,492/month studios. Hmm… is this really affordable, especially considering the tiny footprint of these micro dwellings? Tell us what you think and if you’d get in on the action.
Renderings via nARCHITECTS