All articles by Devin Gannon

April 11, 2017

A design proposal envisions a cantilevered transit hub on Roosevelt Island

Roosevelt Island, the mile-long neighborhood that lies in the East River between Manhattan and Queens, will be a stop on the NYC Ferry route that connects Astoria to Wall Street beginning in August. While this will ease access to other parts of the city for residents of the island, French architect Victor Ostojic has another idea. As Curbed reported, Ostojic published a conceptual proposal of a cantilevered glass-covered ferry terminal on the western side of the island. Located parallel to Manhattan’s East 63rd Street, the terminal would include ground-floor retail, a food court, office space and a luxury hotel on top.
See renderings of the transit hub
April 10, 2017

Boom in TV and film is lucrative for some New Yorkers, a nuisance for others

In response to the state’s film production tax break, a record number of TV and movie crews have scouted NYC locations for shoots. The mayor’s Office of Media and Entertainment issued 149 location permits for 72 projects to film between March 9 and March 15 alone. And as reported by Crain’s, studios will pay residents hefty sums to rent their apartments or homes for shoots. While this can be quite profitable for those occupying the property, with location managers doling out anywhere between $5,000 and $20,000 per day, some neighbors are tired of the inconveniences these projects create on their block.
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April 10, 2017

Gamma Real Estate closes on $86M purchase of 3 Sutton Place, taps Thomas Juul-Hansen for new design

Following a contentious legal battle, Gamma Real Estate has won the foreclosure auction and closed on the $86 million acquisition of 3 Sutton Place, a development site where the firm plans on building a 700-foot-tall condominium tower. As Commercial Observer learned, this includes three neighboring lots at 428-432 East 58th Street between First Avenue and Sutton Place. Earlier this year, 6sqft explained that a bankruptcy judge authorized the sale of the property after Joseph Beninati’s Bauhouse Group failed to pay back creditors. While Stephen B Jacobs remains the executive architect, Gamma has hired Thomas Juul-Hansen, a Danish-born architect, who will design the skyscraper.
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April 10, 2017

Hyperloop One plan would take travelers from NYC to D.C. in 20 minutes

Future New Yorkers may travel between cities faster than ever before. Hyperloop One--the California-based tech company whose transportation concept was first proposed by Elon Musk-- revealed its plan for a high-speed tube that could take passengers from NYC to D.C. in just 20 minutes, reports NBC New York (by comparison, Amtrak’s Acela Express currently takes a little more than three hours). Travelers would board magnetically levitating pods that move by electric propulsion and travel at more than 700 miles per hour. This would connect 80 percent of the country, making a cross-country trip just about five hours long. According to the company, nearly 83 million people would benefit from this hyperloop between our nation’s capital and the Big Apple.
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April 7, 2017

How much do amenities impact rent prices in NYC?

When looking for that perfect city abode, apartment hunters often create a list of must-have amenities that also fit within a budget. Now, thanks to Priceonomics and Renthop, you can determine which apartment features have the greatest impact on the overall rent. While the number of bedrooms and bathrooms drive up rent prices the most, the research found that having a doorman, an elevator, available parking and/or laundry-in-building most likely would increase the total rent. In a closer look at NYC, the data shows having a doorman creates the biggest increase of rent in the city, adding about $260 each month.
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April 7, 2017

Ari Onassis’ former Sutton Place townhouse hits the market for $30M

The exclusive neighborhood of Sutton Place has been described as a "riverside enclave for the well-to-do," and Sutton Square, which sits at the end of 58th Street and offers its residents an expansive shared garden perhaps best embodies this exclusivity. It makes sense then that Aristotle Onassis and his first wife Tina once lived in this magnificent townhouse at 16 Sutton Square; John Whitehead later lived in the same home for the last 26 years of his life. The 12-room house, now on the market for $29,950,000, also has a private backyard, as well as a terrace perfect for boat watching and a spectacular glass, circular staircase that "virtually cantilevers over the river."
See the exclusive townhouse here
April 6, 2017

Rockaway Ferry to take off in May, one month ahead of schedule

Mayor de Blasio announced today that the Citywide Ferry Service, now officially named “NYC Ferry,” will be launching two routes on the first day of May: the new Rockaway Route and the existing East River Route. As DNA Info learned, the Rockaway route takes passengers from the new dock on Beach 108th Street to the Brooklyn Terminal, and then Wall Street’s Pier 11. Expect service on the South Brooklyn Route with stops in Bay Ridge, Sunset Park, Red Hook and Brooklyn Bridge Park to begin on June 1. The Astoria Route will be launched sometime in August and the Lower East Side and Soundview Routes have a launch date set in 2018.
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April 6, 2017

Fate of Gateway Project and Second Avenue Subway unknown under Trump’s infrastructure plan

Earlier this year, President Trump, a lifelong New Yorker, hired two NY-based developers to head an infrastructure commission, which oversees spending on his proposed $1 trillion plan to improve the country’s bridges and roads. Despite this clear connection to the Big Apple, the president refuses to say whether he will include two major transportation projects for the city, both of which his proposed budget defunds, as the New York Times reported. As of now, Trump has proposed eliminating a program that would build a new train tunnel under the Hudson River and a program which extends the Second Avenue subway in Manhattan to East Harlem.
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April 6, 2017

NYC and Mexico City join forces to boost tourism

The uncertain political climate and anti-immigrant rhetoric following Donald Trump’s election caused a drop in tourism to New York from many countries, and notably, from Mexico. In an effort to repair its relationship, New York City and Mexico City renewed a city-to-city partnership this week to foster tourism between the two places. As Crain’s learned, NYC & Company, the city’s official tourism agency, collaborated with Mexico City’s Ministry of Tourism, to share best practices in tourism marketing and provide reciprocal promotional support. In Mexico City, billboards and bus shelters will declare “New York City- Le da la bienvenida al mundo,” which means “welcoming the world.”
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April 5, 2017

Habitat for Humanity will build 48 affordable homes for New Yorkers

In New York City, and the rest of the country, it's becoming increasingly difficult to find affordable housing. To combat this, the Habitat for Humanity NYC announced a plan to build affordable houses for buyers in Brooklyn and Queens. The organization, aimed at constructing quality housing for families in need, will bring 48 units of affordable homes to these boroughs by redeveloping abandoned or foreclosed properties. Since most of these homes have been left vacant for decades, many are run-down and have negatively impacted the surrounding neighborhoods. As Brick Underground learned, the city’s Housing Authority first acquired these properties and then sold them to Habitat for Humanity at $1 each.
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April 5, 2017

Ralph Lauren closing flagship store amid Fifth Avenue slowdown

Ralph Lauren announced Tuesday that it will close its flagship store on Fifth Avenue and 55th Street, citing falling revenue and rising rents. As reported by the New York Times, the company, which opened this location in 2014, plans to reorganize by investing more in their online stores. Keeping afloat a business on New York City’s most expensive shopping strip is not a problem unique to Ralph Lauren; Kenneth Cole, Juicy Couture, and H&M have also recently closed their doors. Soaring rents, plus a drop in tourism, has lead to an increase in vacant space along Fifth Avenue.
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April 5, 2017

City Council proposes half-priced MetroCards for low-income New Yorkers

Although the recent subway and bus fare hike affects all New Yorkers, low-income residents are being especially hard hit by the jump in cost. As a way to ease this financial burden, the City Council has proposed a $50 million pilot program as part of the “Fair Fares” initiative which will provide half-fare MetroCards to New Yorkers living at or below the federal poverty line. As the Daily News learned, transit advocates say nearly 800,000 residents would be eligible for the discount under the full plan.
Find out more here
April 4, 2017

This graphic color codes major transit lines in North America

Like New York, Boston's subway system is organized with a different color for each route. Unlike NYC, however, there's no corresponding numbers, so the lines along the T are actually referred to by their respective hues. Which is why Boston resident Ari Ofsevit, a transportation engineering and urban planning graduate student at MIT, found it odd that the Massachusetts Bay Transit Authority didn't use the same colors on their Twitter alerts as were found on their maps and signs. As Next City reported, this inspired him to create a graphic comparing the various colors of 13 major transit lines across the U.S. and Canada.
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April 4, 2017

Explore the homes of NYC’s notable writers with an audio-narrated tour

Some of the greatest literary giants of all time lived and wrote in New York City. In celebration of the 200th anniversary of HarperCollins, which was founded in NYC, the publishing company created an interactive walking tour map that narrates the history of each author as you walk (h/t DNAinfo). Just a few of the famed Big Apple authors include Harper Lee, Mark Twain, Zora Neale Hurston and Richard Wright.
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April 4, 2017

Trump buildings rank as some of the biggest polluters in NYC

With a federal budget proposal that strips significant funding to the Environmental Protection Agency, it’s not so shocking that President Trump and his son-in-law and close adviser, Jared Kushner, both own buildings that rank as the least energy-efficient in New York City. The Daily News shared a new report from ALIGN, a coalition of labor and environmental activists, which found that Trump Tower uses more energy than 93 percent of the city’s large residential buildings. Worse, the Trump Organization's Mayfair condo uses more than 98 percent. The report also revealed that a Kushner Companies' 666 Fifth Avenue (controversial for even more reasons as of late) uses more energy than 85 percent of large office buildings.
See the report here
April 4, 2017

The 10 best neighborhoods for New York City artists

Like most things in New York, creative communities come and ago as new development and rising rents force artists to move on to the next best, or cheaper neighborhood. While 6sqft found 'hoods like the Upper East Side, Harlem and Long Island City to be the best places for artists a few years back, we've updated our top-10 list to reflect the changing times. Ahead you'll find some areas you may expect--Sunset Park and Bushwick, for example, along with more up-and-coming artsy enclaves like Newark, Washington Heights, and the South Bronx.
The full list right this way
April 4, 2017

MTA Board officially approves 15-month shutdown of L train

It’s official. The Metropolitan Transit Authority board voted to approve a 15-month shutdown of the L train on Monday, instead of the originally proposed 18 months. The Board also awarded a $477 million contract to Judlau Contracting and TC Electric, who will responsible for repairing the train’s Canarsie Tunnel, which suffered severe flooding damage after Hurricane Sandy (h/t WSJ). The planned shutdown is set to begin in April 2019 and cuts all L train service between Bedford Avenue in Williamsburg and Eighth Avenue in Manhattan.
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April 3, 2017

A skyscraper may be built on top of Lord & Taylor’s Fifth Avenue flagship

The 103-year-old landmarked Lord & Taylor flagship store at 424 Fifth Avenue may be getting a luxurious makeover. As the New York Post learned, the speculative project includes constructing a steel-and-glass skyscraper and redeveloping the building into an office and residential tower, keeping the 11-story department store as the base. Sources tell the Post that NYC property executive Richard Baker, who acquired Lord & Taylor in 2008, is behind the development talks. And though few details are known, "real estate insiders" point out that nearby towers rise as high as 60 stories.
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April 3, 2017

Dumbo Clock Tower penthouse finally sells for $15M, is borough’s priciest condo ever sold

And just like that, the record for the most expensive condo ever sold in Brooklyn has been broken. A triplex penthouse at 1 Main Street, atop the Clock Tower building in Dumbo, sold for $15 million, beating out a unit at Brooklyn Bridge Park’s Pierhouse that closed for nearly $10.6 million just last month. As the New York Post reported, the historic unit had a hard time finding a buyer; it sat on the market for nearly six years, switched brokerages and chopping its price tag several times.
See the iconic Clock Tower here
March 31, 2017

NYC may have to compete for Trump Tower security funds

While the President has yet to visit Trump Tower since his inauguration, the price of protecting the First Lady and 10-year-old Barron costs the city an average of $136,000 per day, according to the NYPD. Congress offered only $7 million to reimburse the city for the $24 million the police department said they have spent protecting the building between the period of Trump’s election and his inauguration. However, as Crain’s learned, that payment is not guaranteed, and NYC may have to compete with New Jersey and Florida, both places the president frequents, for the money.
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March 31, 2017

The richest New Yorkers would benefit the most under Trump’s tax plan

New York’s top elected officials, aware of the political leanings of their constituents, continue to be outspoken in their opposition to President Trump and his administration. As Crain’s reports, City Comptroller Scott Stringer serves as one of New York’s most vocal assailants on Trump, with 50 percent of his press releases written this month attacking the president’s policy proposals. In a report released this week, Stringer analyzed Trump’s proposed federal income tax law and found that it disproportionately benefits the highest-income earners in New York. If adopted, 40 percent of all single parents would see their taxes go up, compared to 90 percent of millionaires who would see a reduction, according to Stringer.
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March 30, 2017

Celebrate Women’s History Month with an after-hours party at the Public Library

Instead of hitting the bars this Friday night, check out the "Library After Hours" event at the main branch of the New York Public Library. On select Fridays, the landmarked library hosts a party after closing that lets guests mingle with food and drinks, music, and a behind-the-scenes look at some of their collections. This Friday, March 31st, the library is holding the event, “Women Marching Through History,” to coincide with the last day of Women’s History Month, where guests can admire feminist manuscripts, rare books, photographs, artwork, and films as well as participate in an interactive project to record one's own story about living through this time in women’s history.
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March 30, 2017

Studio V’s art-focused development will bring 1,200 residential units to Journal Square

With significantly lower rents than Manhattan and a less than 20-minute PATH ride to the city, Journal Square continues to blossom into the next hip neighborhood. In addition to the 10+ major residential projects going up in the neighborhood, it's also looking to become an official Art District. According to Jersey Digs, the newest project to follow suit is a two-tower, mixed-use complex at 808 Pavonia Avenue, adjacent to the historic Loew's Jersey Theater. Developer Harwood Properties tapped Studio V Architecture to create a pedestrian neighborhood, focused on arts and cultural facilities.
Find out more here
March 30, 2017

MAP: How old are the buildings in each Brooklyn neighborhood?

Photo via Brooklyn Historical Society One of the most exciting things about exploring Brooklyn is seeing the unique architecture of each neighborhood. Now, thanks to an interactive map from urban_calc, you can also learn the age of these structures in the borough with the oldest buildings in the city. Using the city’s OpenData project and Pluto dataset, urban_calc found the median age of buildings in each census tract. The oldest neighborhood is Ocean Hill at 1911, followed by Cypress Hill, Park Slope and Stuyvesant Heights, all with a median building year of 1920. On the other hand, the newest neighborhoods include Coney Island, West Brighton, East New York, Canarsie and Williamsburg.
Find out more here