Bed-Stuy

Two more listings inside Midtown’s historic Steinway Hall have just hit the market: a two-bedroom with a private terrace for $8,750,000 and a four-bedroom duplex seeking $17,995,000. The landmarked building at 111 West 57th Street was designed by renowned firm Warren & Wetmore and finished in 1925. The longtime home of the Steinway & Sons piano company was acquired by developers JDS Development, Property Markets Group, and Spruce Capital Partners in 2013 for $217.5 million and has since become incorporated into SHoP Architects’ super-slender supertall tower rising next to it. The Beaux-Arts structure serves as the project’s grand entryway and will hold the amenity spaces and a small handful of residences designed by Studio Sofield. We previously got a look inside the striking duplex penthouse that hit the market for $21 million last November—a price it still holds.
Get a look around

Billionaires’ Row property taxes would dramatically increase under proposed system overhaul

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

February 11, 2020

Billionaires’ Row property taxes would dramatically increase under proposed system overhaul

Last month, the city's Advisory Commission on Property Tax Reform revealed a report outlining sweeping changes to the property tax code that would essentially raise the same amount of money but substantially redistribute where it comes from. Under the current system, property owners pay taxes based on assessed value rather than market value, so working-class homeowners often pay a higher tax rate than those who can afford the city's multimillion-dollar luxury condos. Mansion Global took a closer look at the numbers and found that property taxes along Billionaires' Row could increase up to five times their current rate under the proposed system.
More details

Policy

For $799K, this well-outfitted Bed-Stuy condo is set up for easy living

Image credit: Rise Media courtesy of the Corcoran Group.

February 10, 2020

For $799K, this well-outfitted Bed-Stuy condo is set up for easy living

This one-bedroom-plus-office condominium in Bed-Stuy near the Clinton Hill border at 197 Spencer Street is ready to hit the ground running when it comes to modern convenience. From the keyed elevator landing to the wide-plank oak floors, central heat and air, designer lighting and private outdoor space, this 1,195-square-foot unit, asking $799,000, is a ready-for-anything contemporary home.
Take the tour

Distinctive Homes

See inside Central Park Tower’s 100th floor residential club

Renderings courtesy of Extell Development Company

January 27, 2020

See inside Central Park Tower’s 100th floor residential club

As Extell Development's Central Park Tower nears the finish line, newly released renderings of the Billionaires' Row supertall are giving us a peek into the private residential club that will occupy the 100th floor with a suite of high-end amenities. Reaching over 1,000 feet in the sky, the amenity space, called the Central Park Club, will be the highest lounge of its kind in the world, offering hard-to-beat views over Billionaires' Row and Central Park.
And the views are exceptional

For $1.9M, this Bed Stuy townhouse mixes historic details with modern upgrades

Listing images by DDreps; courtesy of Compass

December 31, 2019

For $1.9M, this Bed Stuy townhouse mixes historic details with modern upgrades

Having last sold in February for $830,000, this Bed Stuy townhouse at 610 Bainbridge Street has since been transformed by a complete renovation. The modern upgrades live alongside restored classic details from the original 1899 construction, including a wood-burning fireplace in the living room and charming pocket doors. The five-bedroom, 3,200-square-foot property also has income-generating potential with a separate two-bedroom unit on the garden floor. It’s now asking $1,895,000.
Take a look around

Distinctive Homes

Billionaire’s Row tops list of most expensive streets in the world

Looking north towards Billionaires’ Row in early October © 6sqft

December 17, 2019

Billionaire’s Row tops list of most expensive streets in the world

A new study of the top "ultra-prime" locations in the world dispels any doubt that Billionaire's Row is living up to its name. London-based property consultancy Knight Frank, along with Douglas Elliman, looked at the number of homes sold for over $25 million since 2015 and found the greatest concentration along Midtown's 57th Street, where 41 transactions have been closed in the last five years at an average price of $38.5 million. Manhattan cracked the top ten three more times, with Central Park South coming in third, followed by Park Avenue and Fifth Avenue in fourth and seventh place.
READ MORE

Real Estate Trends

NYC’s third $100M+ real estate deal closes at 220 Central Park South

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

December 13, 2019

NYC’s third $100M+ real estate deal closes at 220 Central Park South

A penthouse at 220 Central Park South has sold for $100 million to an undisclosed buyer, the Wall Street Journal reports. The Billionaire's Row transaction is only the third nine-figure deal to close in New York City, following hedge-fund executive Ken Griffin’s whopping $240 million purchase in the same building earlier this year (the most expensive home ever sold in the U.S.) and tech mogul Michael Dell’s $100.47 million penthouse at nearby One57, which closed in 2014.
More info

Real Estate Trends

Will restored details and a flawless renovation land $3.5M for this Bed-Stuy brownstone?

Images courtesy of Douglas Elliman.

November 18, 2019

Will restored details and a flawless renovation land $3.5M for this Bed-Stuy brownstone?

Brownstone-obsessed Brooklyn developers Dahill & Bunce have put their obsession to work in this 20-foot-wide Bed-Stuy townhouse, which, after a design-savvy renovation, they've served up for sale at a notable-for-the-neighborhood $3.495 million. The meticulous renovation puts all the right airy, livable modern finishes into place while preserving plenty of details that distinguish the 1882 Neo-Grec townhouse at 158 Halsey Street. The resulting three-bedroom triplex–plus garden apartment–totals about 4,000 square feet. The house has an extension which puts it at a rare 60 feet deep, and there are five private outdoor areas throughout.
More sexy brownstone interiors this way

Distinctive Homes

POPULAR Bed-Stuy BUILDINGS

138 Broadway 138 Broadway

689 Myrtle Avenue 689 Myrtle Avenue

179 Throop Avenue 179 Throop Avenue

180 Franklin Street 180 Franklin Street

247 Hancock Street 247 Hancock Street

1247 Atlantic Avenue 1247 Atlantic Avenue

27 Albany Avenue 27 Albany Avenue

740 Dekalb Avenue 740 Dekalb Avenue

633 Marcy Avenue 633 Marcy Avenue

756 Myrtle Avenue 756 Myrtle Avenue

785 Dekalb Avenue 785 Dekalb Avenue

875 Dekalb Avenue 875 Dekalb Avenue

1921 Atlantic Avenue 1921 Atlantic Avenue

175 Spencer Street 175 Spencer Street

1068 Fulton Street 1068 Fulton Street

464 Hancock Street 464 Hancock Street

568 Lafayette Avenue 568 Lafayette Avenue

47 Chauncey Street 47 Chauncey Street

912 Broadway 912 Broadway

349 Hancock Street 349 Hancock Street

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

Renderings by Hayes Davidson and images by Peter Murdock; courtesy of Douglas Elliman

November 8, 2019

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

Once home to the Steinway & Sons piano company, the landmarked building at 111 West 57th Street was acquired by developers JDS Development, Property Markets Group, and Spruce Capital Partners in 2013 for $217.5 million and has since become incorporated into SHoP Architects’ super-slender supertall tower rising next to it. Originally built in 1925, the Beaux-Arts building will house the lobby for the luxury tower and a small number of apartments, including this 5,200+ square-foot duplex penthouse that just listed for $21 million.
READ MORE

Designs revealed for Phillips auction house’s new home in 432 Park Avenue’s white cube base

Rendering by studioMDA

October 30, 2019

Designs revealed for Phillips auction house’s new home in 432 Park Avenue’s white cube base

British auction house Phillips will move its headquarters into the white cube base of the supertall at 432 Park Avenue next year. As first reported by the New York Post, architecture firm studioMDA has been tapped to design the 55,000-square-foot auction house and will replace the ground floor the existing space with a sunken mezzanine. The new Billionaires' Row spot will open in the summer of 2020.
More here

Architecture And Design

See inside SHoP’s slender supertall at 111 West 57th Street

The living room of the 43rd-floor unit; Photo by Peter Murdock

October 29, 2019

See inside SHoP’s slender supertall at 111 West 57th Street

The skinny skyscraper perfectly positioned over Central Park has officially topped out at 1,428 feet, becoming the world's second tallest residential building. Designed by SHoP Architects, 111 West 57th Street's super-slender frame allows each of the 46 full-floor and duplex condos to feel like a penthouse. In addition to the Billionaires' Row tower reaching its pinnacle height at 91 stories, new images released Tuesday provide a first look inside the residences, with 360-degree views of Manhattan and bold interiors conceived by Studio Sofield.
See inside the supertall

New Developments

26-story boutique office building planned on top of Calvary Baptist Church on Billionaires’ Row

Photo via Wikimedia

October 7, 2019

26-story boutique office building planned on top of Calvary Baptist Church on Billionaires’ Row

Developers are planning to build a massive office project on top of a Billionaires' Row church. The Real Deal reported on Monday that Alchemy and ABR Investment Partners have partnered to buy properties owned by Calvary Baptist Church at 123-141 West 57th Street. The proposed boutique office building would rise 26 stories atop church space and sit next to Extell Development's supertall, One57.
More here

New Developments

Sou Fujimoto will design co-living complex at former Slave Theater site, his first New York project

Renderings courtesy of The Collective and Artefactorylab

September 25, 2019

Sou Fujimoto will design co-living complex at former Slave Theater site, his first New York project

Days after filing building permits for 1215 Fulton Street in Bed-Stuy—the site of the former Slave Theatre—London-based co-living startup The Collective has announced it will be partnering with renowned Japanese architect Sou Fujimoto on the design, his first in New York. The 10-story structure will span over 240,000 square feet and be comprised of three buildings connected by an expansive “ground-floor hub” designed to feel like “an extension of the street.” The project aims to create “a new idea of how a community can come together in a building,” as the architects explained in a design statement.
Take a first look at the renderings

September 23, 2019

Site of former Slave Theater in Bed-Stuy will get a 10-story co-living and hotel building

London-based communal living company The Collective filed a building permit application last week for a planned development on the site of the former Slave Theater in Bed-Stuy, which the company bought earlier this year for $32.5 million. As Brownstoner first reported, the application is for a 10-story, roughly 161,000-square-foot structure that will comprise residential units, a hotel, and community space. Ismael Leyva Architects will lead the project, which is expected to include 136 apartments, 222 hotel rooms, underground parking, a restaurant, a public courtyard, spa lounges, and other amenities. The finished building is expected to open in 2022.
Find out more

New Developments

Robert A. M. Stern’s 220 Central Park South passes $1B in sales

Via Vornado Realty Trust and Robert A.M. Stern Architects

September 18, 2019

Robert A. M. Stern’s 220 Central Park South passes $1B in sales

By Dana Schulz

Since its first closing nearly a year ago, Robert A.M. Stern's 220 Central Park South has now surpassed the $1 billion mark in sales according to data compiled by CityRealty. The milestone is definitely not surprising considering this is the same building where Billionaire Ken Griffin bought the country's most expensive home ever sold for $239,958,219. And with an average sales price of $6,934 per square foot for its 39 total closings, 220 is also the city's most expensive condo building.
More info ahead

Real Estate Trends

The world’s tallest residential building, Central Park Tower, tops out at 1,550 feet

Central Park Tower in early Sept., Photo © 6sqft

September 17, 2019

The world’s tallest residential building, Central Park Tower, tops out at 1,550 feet

Central Park Tower officially topped out on Tuesday, breaking the record set by nearby 432 Park Avenue for the tallest residential building in the world. Reaching 1,550 feet high, the skyscraper at 217 West 57th Street would be the tallest building in New York City if not for the 400-foot spire of One World Trade, as New York Magazine reported. Developed by supertall-specialists Extell, Central Park Tower includes a seven-story Nordstrom flagship store and 179 luxury condos.
Get the details

This $745K co-op has historic vaulted ceilings and a present-day Billionaires’ Row location

Photo Credit: Zigna for Sotheby’s International Realty.

August 23, 2019

This $745K co-op has historic vaulted ceilings and a present-day Billionaires’ Row location

This one-bedroom co-op in the Osborne at 205 West 57th Street is situated on what's now known as Billionaires' Row, and for well under $1 million you can include bragging rights to one of the New York City's finest historic residential buildings. Built in 1883 and designated an official city landmark in 1991, the Osborne also boasts one of the city's most sumptuous and dazzling lobbies.
Take a look

Distinctive Homes

August 5, 2019

Billionaires’ Row kosher deli fights high-rise developer over eviction

Cafe Classico, a kosher delicatessen that has occupied the storefront on West 57th Street next door to an 1891 French-style townhouse for 19 years has asked a judge to spare it from eviction, the New York Post reports. The LeFrak Organization and Vornado Realty have plans to build a high-rise tower on the next-door property at 29 West 57th Street, and the deli's landlord, 35 West Realty Co., has threatened to evict the longtime business over insufficient insurance coverage.
Find out more

New Developments

August 2, 2019

Pale timber, historic details and DIY done right define this $5,500/month Bed Stuy townhouse rental

Built in 1891, this three-story brick townhouse at 401A Monroe Street in Bed-Stuy uses each of its three floors to the best advantage of whomever's lucky enough to be in residence. The single-family home is available for rent for $5,500 per month beginning September 15. Within are four bedrooms, two baths, a finished basement and a private backyard.
Tour the triplex, consider the options

Distinctive Homes

Stuyvesant Heights Historic District’s oldest home asks $1.6M after modern renovation

Listing images by Anton Brookes, H5 Photography; courtesy of The Corcoran Group

July 25, 2019

Stuyvesant Heights Historic District’s oldest home asks $1.6M after modern renovation

This charming 20-foot wide Victorian home at 47 Chauncey Street in Bed-Stuy is not only part of the Stuyvesant Heights Historic District—it’s one of the four oldest remaining rowhouses in the district, dating back to circa 1870. Last year, the two-bedroom home was sold in a pretty run-down state and has since undergone a gut renovation that brought modern finishes and conveniences to the historic property. It's now on the market for $1.599 million.
Take a look inside

My 1,200sqft: Finger painting pioneer Iris Scott shows off her bright Bed-Stuy studio

Our series “

May 28, 2019

My 1,200sqft: Finger painting pioneer Iris Scott shows off her bright Bed-Stuy studio

My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to artist Iris Scott's Bed-Stuy loft. Want to see your home featured here? Get in touch! Nearly ten years ago, while living in Taiwan, artist Iris Scott didn’t feel like washing her blue-stained paint brushes. Instead, she used her finger to finish the piece and, to her surprise, discovered that this childhood arts and crafts project works really well on her own oil paintings. She searched online to see if any artists out there were already dedicated to finger painting and found no one. “I was like, it’s my purpose!” she told 6sqft during a recent tour of her Bed-Stuy studio. Iris, who grew up on a farm outside of Seattle, started posting photos and videos of her vibrant animal and nature-centric artwork on Facebook and instantly received feedback from what she calls a "virtual crit group." She began selling her paintings online and because her Taiwan apartment was just $100 per month, was able to immediately work full time as a finger painter. Iris, credited with starting the Instinctualist movement, calls her career trajectory a “magical path.” “I’ve always wanted what I have and I’ve always felt what I have is more than I expected I could have.” Now, a decade later, Iris has her first big solo exhibition in New York City, a Ritual in Pairing, at Filo Sofi Art’s pop up space at the High Line Nine, which closes June 6. Ahead, see inside Iris's sun-drenched corner loft in Brooklyn and learn about her 20-piece solo show, her fierce love of animals, and why she finds it flattering when children like her paintings.
Meet Iris and tour her studio

New looks and pricing details for Extell’s Central Park Tower

New rendering of Central Park Tower’s indoor pool, via Extell

May 17, 2019

New looks and pricing details for Extell’s Central Park Tower

In March, Extell Development's supertall on Billionaires' Row became the tallest residential tower in the world, surpassing the 1,396-foot-tall 432 Park Avenue. Now, ahead of Central Park Tower's official topping out scheduled this summer, the developers have released new renderings of its exclusive amenity space, including the indoor pool and full-service lobby. And a handful of the building's 179 residences will be listed for the first time next week, ranging from a two-bedroom for $6.9 million to a five-bedroom for $63 million.
More this way

Architecture And Design

There’s plenty of natural light for your plant collection at this $999K Bed-Stuy loft

Listing images by Shannon Dupre, Donna Dotan, DDreps; courtesy of Compass

May 3, 2019

There’s plenty of natural light for your plant collection at this $999K Bed-Stuy loft

Built in 1947 as the Cocoline Chocolate Factory, the pale-orange brick building at 689 Myrtle Avenue in Bed-Stuy now houses 45 condo apartments with unique, spacious layouts. This two-bedroom corner unit offers a quintessential Brooklyn loft, spruced up with a fresh renovation, pops of color, and clever space-maximizing ideas. The 1,182 square-foot residence just hit the market seeking $999,000.
Get the full tour

Distinctive Homes

City can open a homeless shelter on Billionaires’ Row, judge rules

Via Wikimedia

April 30, 2019

City can open a homeless shelter on Billionaires’ Row, judge rules

A judge on Monday approved the city's plan to open a homeless shelter near Manhattan's Billionaires' Row neighborhood. Manhattan Supreme Court Judge Alexander Tisch dismissed the lawsuit from the West 58th Street Coalition, a group of residents who claimed the shelter would have "an enormous impact on our densely populated, narrow, high-pedestrian-traffic street." The ruling comes more than a year after Mayor Bill de Blasio first announced plans to open a shelter for 140 single men at the converted Park Savoy hotel, located next to One57, a supertall with a penthouse that sold for $100 million in 2015.
Find out more

$3.2M historic Bed-Stuy home keeps the details and gets the designer treatment

Photos by DD Reps, courtesy of Compass

April 9, 2019

$3.2M historic Bed-Stuy home keeps the details and gets the designer treatment

The landmarked 1894 row house at 386 Stuyvesant Avenue, among the elegant Beaux-Arts limestones of Brooklyn's Stuyvesant Heights neighborhood, has the impressive layout and scale of a trophy brownstone and the interiors of a designer show house. Brought back to life by designer duo Dahill Bunce, the two-family home is asking $3.195 million. Rich in original detail, the 19' x 48' home has a few surprises that set it apart, like a convenient "summer kitchen" leading to an enviable back garden.
Take the tour

April 8, 2019

Aussie artist Jeremyville’s renovated Bed-Stuy brownstone asks $2.7M