Photo of Michael Cohen via Wikimedia
As Michael Cohen put his $9 million Trump Park Avenue apartment as collateral against a bank loan this spring, the former personal lawyer of President Donald Trump was signing a deal for a $6.7 million pad in Tribeca. The Wall Street Journal reported on Thursday that Cohen, who is under federal investigation, bought a 19th-floor apartment in April at 111 Murray Street, a 792-foot-high condo tower designed by Kohn Pedersen Fox.
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We can imagine errant children in this worth-every-bit-of-$9.995 million Tribeca duplex penthouse being sent, for punishment, to the room without a terrace. The listing for 41 Warren Street in Tribeca calls it “Parisian perfection” in reference to the authentic Parisian wrought-iron balconies that wrap the apartment’s many terraces; a hat tip to the Scandinavian countries is in order for the wood-paneled sauna. And 3,000 square-feet of chic, subtly luxurious interiors would be worthy of envy under any flag.
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Vault lights in Soho, via WooJin Chung for 6sqft
“Viva Vault Lights!” wrote the Historic Districts Council in response to the Landmarks Preservation Commission’s decision to backpedal on its rules amendments, which called for “more oversight by LPC staff but less time for public review” in proposals for alterations to historic buildings. HDC’s celebratory sentiment is in response to one of the now-moot stipulations that Soho and Tribeca’s vault lights–historic, industrial-era sidewalks made from small circular glass bulbs–could be removed by building owners and replaced with modern sidewalks.
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140 Columbia Heights via Google Earth; Photo of Jennifer Connelly via Wikimedia
Actors Jennifer Connelly and Paul Bettany are switching boroughs by selling their Tribeca co-op and picking up a Brooklyn Heights townhouse for $15.5 million. The sale represents one of the most expensive deals in Brooklyn ever, according to the Wall Street Journal. While the transaction was off-market, an old listing for the Brooklyn property at 140 Columbia Heights describes the 8,000-square-foot home as having views of the Statue of Liberty and the Lower Manhattan skyline. The sellers are Timothy Ingrassia, a Goldman Sachs executive, and his wife Stephanie, who serves as a vice chair on the Brooklyn Museum’s board of trustees. The Ingrassias paid $10.75 million for the property in 2006.
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This beautifully-designed penthouse loft at 50 Walker Street in Tribeca has a few secrets hidden within its classic loft proportions. The most impressive of the $3.35 million co-op’s features is a massive 1,500-square-foot landscaped roof terrace accessed through a window-wrapped solarium, all with jaw-dropping lower Manhattan views.
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Rendering via OLIN
The Hudson River Park Trust and landscape architects OLIN have released a fresh set of renderings of the Pier 26 transformation, a project aimed at turning the Tribeca pier into an ecological park. As Curbed NY learned, a portion of the pier will have a wooden deck, with the western end rising up to 15 feet high in order to look at the wetlands. The pier’s eastern side will include a large lawn and an indigenous tree-filled forest. The revamp of Pier 26, projected to cost over $30 million, is scheduled to wrap up in the fall of 2020.
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Photo via CityRealty
Despite suffering from a 30 percent drop year-over-year in median sale prices, Tribeca still managed to rank first as New York City’s most expensive neighborhood, followed closely by Soho. Property Shark released this week its list of the 50 priciest areas in the city in Q1 2018 and unsurprisingly, nine out of the top ten are located in Manhattan. Notably, the West Village witnessed an 88 percent year-over-year increase with a median sale price hovering $2.1 million. And the Flatiron District, which ranked as the most expensive neighborhood in the third quarter of 2017, fell to sixth place, with a median sale price of $1.85 million.
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The listing for this sprawling and spectacular loft at 44 Laight Street in Tribeca is loaded with hyperbole, but in this case we can pretty much see why. We’re not sure if it’s a “mysterious nexus of art, history, whimsy and amazing craftsmanship where to think of living there was to reduce the miraculous to the mundane,” but as far as loft condos go, it’s a pretty fly pad. Starting with a private entrance and private indoor parking space, the three bedrooms and remarkable living spaces in this landmarked Grabler Building home are definitely worth a look.
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A massive wall of windows anchors this artsy Tribeca loft, complete with high ceilings, exposed brick walls and Corinthian columns. It’s located at 6 Varick Street, a condo conversion with no shortage of distinct loft apartments. After being on the market last year, asking $1.695 million and not selling, this pad is trying its luck with the higher price tag of $1.8 million. The next buyer will have free range across 1,079 square feet of open apartment.
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Stairs can be purely functional and totally uninspiring or they can be the stuff dreams are made of (just ask MC Escher). Dash Marshall, a multi-disciplinary architecture and design studio based on the Lower East Side, designed a stunning staircase made of brass and stainless and blackened steel, which rises from its brick foundation and is suspended from the second-floor ceiling in order to join two units in Tribeca (h/t Dezeen). By suspending the stairs from the second floor, that freed up a lot of space below in the living room, giving the firm even more space to work their renovation magic.
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