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real estate trends, Soho

Lord & Taylor is returning to NYC as a Soho pop-up

By Michelle Cohen, Tue, December 3, 2019

Photo courtesy of Lord & Taylor

After closing its iconic Fifth Avenue flagship at the start of 2019, department store Lord & Taylor will be popping up again as a Manhattan shopping address, sources told Bloomberg. The department store brand, which was sold by former owner Hudson’s Bay to clothing rental company Le Tote for $100 million in cash in August, is reportedly opening a 2,400-square-foot shop for just two weeks in mid-December. The pop-up shop will be located on Wooster Street in Soho–a neighborhood whose current streetscape boasts as many empty storefronts and seasonal pop-ups as high-end designer fashion shops.

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Midtown East, Urban Design

Rendering courtesy of Stantec

The creation of the East Midtown Greenway (EMG), a 1.5-acre public space stretching from East 53rd to 61st Streets along the waterfront, got underway Friday. The project, to be completed by 2022, is part of the Manhattan Waterfront Greenway initiative to wrap the entire perimeter of Manhattan with accessible public spaces and safe bicycle paths. The midtown space will close one of the largest remaining gaps in the $250 million city initiative, announced by Mayor de Blasio in 2018, to connect 32 miles of Manhattan waterfront esplanade.

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condos, Midtown East, New Developments

A first look inside the Waldorf Astoria’s historic conversion

By Alexandra Alexa, Thu, November 14, 2019

Renderings by Noë & Associates/The Boundary

We now have a sneak peek inside the historic condo conversion currently underway at the Waldorf Astoria, now called The Towers of the Waldorf Astoria. Beijing-based Anbang Insurance Group Co. has released an updated teaser website and new renderings of the project, which will bring 375 private residences and 350 renovated hotel rooms to the storied building. Condo sales were initially expected to launch this fall, but are now slated to hit the market in early 2020 with the project wrapping up by 2021.

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City Living, Midtown East

New York Public Library, Library Lions, Restoration, Patience, Fortitude

Photo from this afternoon, by 6sqft

After spending the last two months outside of public view getting a “full spa treatment,” the New York Public Library’s majestic lions are back to guarding the institution. Patience and Fortitude have been in place since the 42nd Street Library opened in 1911 and were named by Mayor Fiorello LaGuardia during the Depression to signify the characteristics New Yorkers needed to survive the tough times. The iconic duo was carved by the Piccirilli Brothers out of porous Tennessee pink marble, making them quite susceptible to the elements and the toll of time. The pair requires conservation efforts every seven to 10 years and were last restored in 2011. The last bits of the scaffolding will be removed during the day on Friday, just in time for the annual Library Lions fundraising gala on Monday, November 4.

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Midtown East, real estate trends

Photo courtesy of Lord & Taylor

The biggest news to surface in the turbulent waters of the WeWork saga may be the multibillion-dollar bailout and takeover by Japanese company SoftBank following a failed IPO and a company valuation that skidded from a reported $48 billion to $8 billion in a matter of months. And as part of a scramble for cash, the office space sublease and coworking disruptor has been expected to divest of the Lord & Taylor building at 424 Fifth Avenue; WeWork purchased the high-profile property–the former home of the department store’s flagship location–with partners Rhone Capital and Hudson’s Bay for $850 million earlier this year. But, as Crain’s reports, the company may be trying to lease the 660,000-square-foot property to high-paying office tenants as a way to raise the needed funds.

Will the building be back on the market soon?

Events, Midtown, Transportation

Image via Flickr

The United Nations General Assembly already began on Sept. 17 but Midtown has yet to experience the traffic nightmare that will hit the neighborhood next week. With meetings taking place through Sept. 30, the city has designated weekdays between Sept. 23 and Sept. 30 as gridlock alert days. On top of UNGA, Climate Week events will add to the congestion. “Drivers should leave their cars at home next week if they can—and try walking, taking mass transit, or getting on a bicycle,” Polly Trottenberg, commissioner of the Department of Transportation, said in a statement. Here’s a handy guide to getting around the city during the busy week ahead, including street closures and traffic updates for those of you with nerves of steel.

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Architecture, Construction Update, Midtown East, New Developments

Photo of One Vanderbilt © 6sqft

The Grand Central Terminal-adjacent supertall One Vanderbilt officially topped out this week, reaching its full 1,401-foot height. Designed by Kohn Pedersen Fox, the tower is now Midtown’s tallest office building and the fourth-tallest skyscraper in New York City. One Vanderbilt, developed by SL Green, measures 1.7 million square feet and boasts a unique terra cotta facade as well as the fourth-highest observation deck in the city.

Another supertall makes its mark

City Living

library, NYPL, lions

Photo credit: Jonathan Blanc / NYPL.

The iconic lions standing guard outside the The New York Public Library’s 42nd Street location are getting some much-needed grooming this fall. The majestic pair–named Patience and Fortitude–have been in place since 1911 as international symbols for access to knowledge and information. As part of a conservation effort that happens every 7 to 10 years, the stone sentries will receive repairs to cracks and chips and laser cleanings.

A bit of history, this way

Art, Events, photography

Image © Marc Yankus

Last Thursday, MTA Arts and Design announced a new installation going up in Grand Central Terminal. “Landmark City” showcases photographs of iconic landmark buildings that have been altered to appear on completely empty streets. The installation, by acclaimed photographer Marc Yankus, is set to run for a year in GCT’s East Dining Concourse.

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Events, holidays, Midtown East, Upper East Side

15 ways to celebrate Bastille Day in NYC

By Nicole Mondrus, Wed, July 10, 2019

bastille day, bastille day nyc, france

Images courtesy of Flickr, Wikimedia Commons, and Pexels

Independence Day may have been last week, but if you haven’t had your fill of red, white, and blue festivities, Bastille Day is this Sunday. Whether you’re a history aficionado or just appreciate French culture and cuisine, there is plenty to do this weekend to celebrate the 230th storming of the Bastille.

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