Bed-Stuy

New renderings revealed for Daniel Libeskind’s affordable senior housing building in Bed-Stuy

Rendering of the Sumner Houses Senior Building, courtesy of the Architect, Studio Libeskind 

April 10, 2018

New renderings revealed for Daniel Libeskind’s affordable senior housing building in Bed-Stuy

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Just a few weeks ago, 6sqft reported that starchitect Daniel Libeskind's first New York City building to rise from the ground up would be a 197-unit affordable senior housing project planned for Site 2 of the Sumner Houses in Bed-Stuy. Now Studio Libeskind has released three new renderings of the 10-story building-to-be, showing more of its an angular white-colored facade done in the firm’s signature un-orthogonal style (h/t Dezeen).
See more, this way
Starbucks targets low- and middle-income communities, starting with new Bed Stuy location

Photo of the new Bed-Stuy location, courtesy of Starbucks

April 5, 2018

Starbucks targets low- and middle-income communities, starting with new Bed Stuy location

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Starbucks has been all over the map, not only geographically but symbolically. Reactions to a new Starbucks often range from being a welcome addition by caffeine-deprived people to being the face of a large corporation that is a lightning rod for gentrification, threatening mom and pop shops. With 14,163 Starbucks in the US, what street corner doesn’t have a Starbucks? Well, the Bedford-Stuyvesant community didn’t, until now. A Starbucks just took over the location of shuttered local department store, Fat Albert. Is this another example of the big, faceless corporation blazing its way into a community that doesn’t want it?
Get more info here
Daniel Libeskind’s first New York City building may be affordable senior housing in Bed-Stuy

Rendering of the Sumner Houses Senior Building, courtesy of the Architect, Studio Libeskind (via NYC Housing Authority)

March 29, 2018

Daniel Libeskind’s first New York City building may be affordable senior housing in Bed-Stuy

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Though he has called New York home for decades, noted Polish-American architect Daniel Libeskind has yet to see a NYC building to completion. But it appears that may soon change, as CityRealty reports that his first ground-up building will be a 197-unit affordable housing project on Site 2 of the Sumner Houses in Bed-Stuy. A January press release announcing the selection of the project’s developers credits Studio Daniel Libeskind as the designer of the 10-story building-to-be, and a rendering shows an angular white-colored building done in the firm’s signature un-orthogonal style.
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One of only two condos with private terraces at One57 lists for $28.5M
March 21, 2018

One of only two condos with private terraces at One57 lists for $28.5M

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Sure, Michael Dell has bragging rights to buying One57's $100 million penthouse, the most expensive home ever sold in New York City, but Bill Ackman's $91.5 million buy a few floors down came with a coveted terrace. Only two units in the Billionaires' Row building claim "private outdoor space on the park," and the second has just come on the market for the first time, asking $28.5 million. Dubbed the Spring Garden Residence (as opposed to Ackman's "Winter Garden Penthouse," as Curbed notes), the 41st- and 42nd-floor duplex boasts a 43-foot-long great room wrapped in floor-to-ceiling windows that lead to a 671-foot solarium and a terrace with views of the park and skyline.
Take a tour
Crown Building penthouse may be in contract for $180M, beating NYC record by $80M

Penthouse rendering courtesy of Aman Resorts

March 16, 2018

Crown Building penthouse may be in contract for $180M, beating NYC record by $80M

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Another Billionaire's Row sky mansion–this one with a piano lounge, two kitchens, a wraparound terrace, and two swimming pools spread out over five stories at 730 Fifth Avenue–is on its way to record-smashing glory, according to The Real Deal. Sources say an unknown buyer has spoken for the 12,536-square-foot residence in the actual crown of the Crown Building, to the tune of $180 million. If the sale closes, it will be the New York City's most expensive sale ever at $14,358 per foot (also a record), surpassing Michael Dell's $100.5 million penthouse atop Extell Development’s One57.
Check this place out
85th floor unit at One57 gets an $11M price chop, now listed at $59M
March 2, 2018

85th floor unit at One57 gets an $11M price chop, now listed at $59M

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6sqft reported back in October that an 85th-floor unit in the building known for the city’s most expensive residential sale ever was back on the market after a total overhaul for a noteworthy $70 million. The 6,240-square-foot condominium was purchased by Canadian billionaire Lawrence Stroll for $55.6 million in 2014. After four months, the sprawling sky mansion has been discounted by $11 million according to Mansion Global; the building's third-highest listing is now asking $59 million.
The view is just as good at $59 million
More than half of NYC’s 20 most expensive sales were at One57 and 432 Park

432 Park Avenue via CIM Group/Macklowe Properties

February 26, 2018

More than half of NYC’s 20 most expensive sales were at One57 and 432 Park

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The buyer of One57's $100 million penthouse was unveiled as Michael Dell last week, finally solving the mystery of which billionaire set New York City's record for the most expensive home ever sold. The reveal sparked CityRealty's interest in finding out where other costly buildings fall in comparison. Unsurprisingly, Midtown's One57 and 432 Park make up 12 out of the city's 20 priciest homes ever sold with single units going for $100.47 million and $91.5 million, respectively. While those two buildings on Billionaires' Row easily take the top three spots, 15 Central Park West ranks fourth, with its $88 million penthouse sold in 2012.
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Billionaire Michael Dell revealed as the secret buyer of One57’s $100M penthouse

Image courtesy of Extell/One57

February 22, 2018

Billionaire Michael Dell revealed as the secret buyer of One57’s $100M penthouse

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Founder and CEO of Dell Technologies, Michael Dell, was revealed as the buyer of the sprawling penthouse at One57 for $100.47 million, the most expensive home ever sold in New York City. According to the Wall Street Journal, Dell first entered a contract to buy the unit in 2012 when the Billionaires' Row building, located at 157 West 57th Street, was still under construction. He closed the transaction through a limited liability company in 2014.
Get the details
The city will produce 500 affordable apartments across 87 hard-to-fill vacant lots

Image: Ed Reed/Mayoral Photography Office

February 14, 2018

The city will produce 500 affordable apartments across 87 hard-to-fill vacant lots

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An announcement Tuesday by the New York City Department of Housing Preservation and Development (HPD) gave lower-income New Yorkers lots to look forward to–literally. HPD Commissioner Maria Torres-Springer announced that nine development teams would be creating 490 affordable apartments and homeownership opportunities on 87 vacant lots through the department's New Infill Homeownership Opportunities Program (NIHOP) and Neighborhood Construction Program (NCP). The programs were designed specifically to unlock the potential of vacant lots long considered too small or irregular for traditional housing with innovative smaller homes, and develop more affordable housing on lots long used for parking at existing housing complexes. This latest round of development is the third and final in a series: The program has already seen the construction of over 600 affordable homes on 81 lots.
'No site has gone overlooked'
Report: Airbnb listings removed up to 13,500 long-term rentals in NYC over past three years

Photo courtesy of Airbnb

January 30, 2018

Report: Airbnb listings removed up to 13,500 long-term rentals in NYC over past three years

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Airbnb is responsible for the loss of between 7,000 and 13,500 long-term rental units in New York City while increasing the median long-term rent in the city by $380 a year, says a new report from McGill University. The study, commissioned by the union Hotel Trades Council, also found 87 percent of entire-home reservations are considered illegal under state law (h/t Politico NY). Mayor Bill de Blasio last year announced his plan to expand the city's Office of Special Enforcement to crack down on illegal short-term rentals; it is illegal for NYC landlords to rent entire apartments for fewer than 30 days.
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City to open homeless shelter adjacent to One57 on Billionaires’ Row

Image © 6sqft

January 18, 2018

City to open homeless shelter adjacent to One57 on Billionaires’ Row

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Mayor Bill de Blasio plans to open a new homeless shelter for 150 single adult men on Manhattan's Billionaires' Row, part of the city's initiative to open 90 new shelters over the next five years. According to the New York Post, a former hotel at 158 West 58th Street, the Park Savoy, will be converted into the shelter and open in March. The Central Park South building sits behind One57, a supertall known for the city's most expensive residential sale ever: a penthouse that sold for $100 million in 2015.
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Snag an affordable one-bedroom in Bed-Stuy for $985/month

Image courtesy of StudiosC

January 4, 2018

Snag an affordable one-bedroom in Bed-Stuy for $985/month

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A Stuyvesant Heights building located in the heart of Brooklyn, nestled in the middle of Bushwick, Bed-Stuy and Williamsburg, is now accepting applications for nine affordable units. The five-story rental at 869 Park Avenue sits between two busy thoroughfares, Marcus Garvey Boulevard and Broadway. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $985/month one-bedroom apartments. 
Find out if you qualify
New renderings revealed for Extell’s Central Park Tower as it hits halfway mark

Rendering courtesy of Extell

December 7, 2017

New renderings revealed for Extell’s Central Park Tower as it hits halfway mark

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The 1,550-foot Central Park Tower, the soon-to-be tallest residential tower in New York City, has gotten some new renderings that reveal how it'll appear lit up at night, as well as how its interiors may look (h/t YIMBY). Extell Development's current plans for the Billionaires' Row tower call for 179 condominiums, spanning on average 5,000 square feet, with open layouts and oversized windows overlooking Central Park. With the construction of the supertall at 217 West 57th Street now hitting its halfway mark and rising to roughly 700 feet, Central Park Tower is expected to be completed in 2019.
See inside the supertall
Crown Building’s $100M penthouse will have two indoor pools and a piano lounge

Penthouse rendering courtesy of Aman Resorts

November 16, 2017

Crown Building’s $100M penthouse will have two indoor pools and a piano lounge

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Floor plans of the Crown Building's crown jewel, its five-story penthouse, have revealed what $100 million will buy you at one of the city's most desirable locations for the super-rich. As the Real Deal learned, the penthouse features two swimming pools, a piano lounge and a full-floor master suite. The 14,000-square-foot pad sits in the actual crown of the building, spanning floors 22-26. The rest of the Billionaires' Row building at 730 Fifth Avenue isn't too shabby either; the building includes an 83-key luxury Aman Resorts hotel with a three-story spa, a jazz and cigar club, a few restaurants and 20 luxury condos.
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Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

Image © Wade Zimmerman courtesy of Agence Christian de Portzamparc (ACDP)

November 16, 2017

Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

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A full-floor, 6,240-square-foot penthouse at Midtown billionaires' bunker One57 recently sold to an unidentified high bidder–one of five contenders–at a foreclosure auction for $36 million. That number is 29 percent lower than the original $50.9 million price shelled out by Nigerian businessman Kolawole Akanni Aluko for the newly-minted condo in 2014. The fire sale was the fourth resale in the 1,004-foot-tall Billionaire's Row flagship trophy tower to trade at a loss, according to data from appraiser Miller Samuel Inc., reports Bloomberg. The latest example is the largest discount to date on one of the pricey properties, all of which sends a message to buyers with plans to cash in on the ultra-luxury units in short order. And there are currently 16 apartments at the building listed for sale, most of them by the developer.
Read on
For $2.3M, an Amzi Hill-designed Bed-stuy townhouse with historic details and an artist’s legacy
November 13, 2017

For $2.3M, an Amzi Hill-designed Bed-stuy townhouse with historic details and an artist’s legacy

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On one of the prettiest blocks in the landmarked Stuyvesant Heights section of Bed-Stuy, this 3,240-square-foot 1890s brownstone is brimming with historic architectural details. Designed by prolific Brooklyn architect Amzi Hill, 740 Macon Street has been lovingly restored by the home's longtime owners, one of whom happens to be a celebrated local artist whose sense of history and beauty is reflected at every turn. Highlights include arched windows, six tiled fireplaces, parquet floors, wooden shutters, pressed tin ceilings, pocket doors, a pier mirror, egg-and-dart molding and intricate fretwork, plus a landscaped garden and terrace. The two-family townhouse–there's a one-bedroom garden unit for rental income–is asking $2.3 million.
Tour this beautiful four-story house
Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Penthouse rendering (Aman Resorts)

October 27, 2017

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

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Taking its name from an elaborate pyramid-shaped crown, the Crown Building at Fifth Avenue and 57th Street has been described as one of the city's most desirable retail locations. Michael Shvo and Russian developer Vladislav Doronin bought the non-retail upper floors of 730 Fifth Avenue in 2015 and filed plans to redevelop the Billionaires' Row property, and new details have been revealed, CityRealty reports. An 83-key luxury hotel with a three-story spa, a members-only lounge, a jazz club and cigar bar and two restaurants will start on the fourth floor. Above the hotel, 20 luxury condominiums known as Aman New York Residences will start on the 11th floor. The building's crown jewel will be a 14,000 square-foot five-story penthouse on floors 22-26 asking $100 million.
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For $3,500 a month, this Bed-Stuy brownstone rental has charm, personality, and a private backyard
October 23, 2017

For $3,500 a month, this Bed-Stuy brownstone rental has charm, personality, and a private backyard

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In a sea of cookie-cutter rentals, there are a rare few that look like home–or even like an interesting place to live. Located at 481 Greene Avenue in what seems to be the new neighborhood of choice for the city's interior design professionals, this two-bedroom brownstone apartment goes far beyond the average Bed-Stuy rental when it comes to good looks. The gut-renovated 1,100-square-foot first floor unit is one of only six, and it comes with the rare bonus of a private back yard.
Have a look around
New Affiliates makes plywood look modern and sexy in this Bed-Stuy reno
October 12, 2017

New Affiliates makes plywood look modern and sexy in this Bed-Stuy reno

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Plywood doesn't have the reputation of a desirable material when it comes to chic home renovations. But the Manhattan design studio New Affiliates used it in this Bed-Stuy loft reno to surprising results. By using raw plywood and rough materials like exposed steel and mesh screens as finishes, the space retains its industrial edge while pulling off a clean, modern--even sexy--aesthetic by pairing such materials with stark blocks of color. As the firm says, "These adjacenies of contrasting materials work to produce something clean, light, and unprecious while maximizing usable space in the loft." All we have to say is, who knew plywood could be so appealing?
See more photos of the project
Hill West design a modest, 19-story condo for Billionaires’ Row

Rendering of 7 West 57th Street found at its construction site, via CityRealty

October 9, 2017

Hill West design a modest, 19-story condo for Billionaires’ Row

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As Billionaires' Row on Manhattan's West 57th Street continues to grow with supertall towers, developer Sheldon Solow plans on constructing a more modest addition to the block. New renderings of the boutique condo at 7 West 57th Street, designed by Hill West, reveal a 19-floor building with an unassuming glass facade and a convex face, as CityRealty learned. The tower plays off of Solow's concave tower next door at 9 West 57th Street.
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REVEALED: Central Park Tower’s ‘Village Green’ lawn and pool deck
October 5, 2017

REVEALED: Central Park Tower’s ‘Village Green’ lawn and pool deck

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Central Park Tower, New York City's future tallest residential skyscraper, is getting a more down-to-earth design. As CityRealty learned, the supertall at 225 West 57th Street on Billionaires' Row will feature a sprawling landscaped space designed by HMWhite. The firm's terrace design includes both passive and active recreational areas, like a central open lawn and a sequence of complimentary garden rooms. Renderings of the projected 1,550-foot tall tower reveal a lap pool overlooking West 57th Street and a sun deck among pergolas and trellises.
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One57’s 85th-floor unit comes back on the market for $70M after a full reno
October 3, 2017

One57’s 85th-floor unit comes back on the market for $70M after a full reno

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In the building known for the city's most expensive residential sale ever (a dizzying duplex on the 89th and 90th floors of the iconic skyscraper at 157 West 57th Street whose $100 million sale closed in 2014), big-ticket buys hardly turn heads. But that same year, the headline-grabbing supertall saw its third most expensive unit change hands when Canadian investor and Ferrari collector Lawrence Stroll dropped $55.6 million on a 6,240-square-foot 85th-floor home in the building's tower. Now he's put the full-floor pad back on the market for an even more noteworthy $70 million. According to the listing, the apartment had a complete renovation even in its short lifetime–and clearly, Stroll, worth an estimated $2.4 billion spared no expense, including woven suede walls, a sculptural wall by artist Peter Lane, and a double-sided marble fireplace.
Get a look at this big bank account in the sky this way
Star of Netflix’s ’13 Reasons Why’ sells cute Ocean Hill townhouse for $1.5M
September 28, 2017

Star of Netflix’s ’13 Reasons Why’ sells cute Ocean Hill townhouse for $1.5M

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The star of Netflix’s “13 Reasons Why” series, Tommy Dorfman, has sold his townhouse in Ocean Hill, a subsection of the Bed-Stuy neighborhood of Brooklyn, for $1.495 million. The 25-year-old Atlanta native first purchased the home in the beginning of 2016 for $1.3 million. As the Real Deal learned, the actor’s home at 720 Decatur Street hit the market earlier this month and found a buyer within just 20 days. Recently gut-renovated, the five-bedroom, two-family home features spacious a living and dining area, as well as a private landscaped garden.
See inside
$4,300/month Bed-Stuy duplex is chock full of pre-war details
September 5, 2017

$4,300/month Bed-Stuy duplex is chock full of pre-war details

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For those old house lovers who can't afford to buy an entire old house, here's a gorgeous pre-war rental in Bedford-Stuyvesant that's loaded with details like fireplaces, high ceilings, woodwork, moldings, and a clawfoot tub. Occupying two floors of the townhouse at 464 Marion Street, the home also boasts three bedrooms, an office, media room, and formal dining room. And the best perk: a 20-foot-wide terrace with room for dining and a large grill.
Go right inside
Apply for 12 affordable apartments in Bed-Stuy, from $1,230/ month

27 Albany Avenue rendering via Loci Architecture

August 30, 2017

Apply for 12 affordable apartments in Bed-Stuy, from $1,230/ month

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Applications are currently being accepted for 12 affordable apartments at 27 Albany Avenue in the Brooklyn neighborhood of Bedford-Stuyvesant. Located on the bustling corner of Fulton Street, the building rises 10 stories with 50 residences. Amenities include on-site parking, a virtual doorman, package room, fitness center, communal terraces and a lounge. New Yorkers earning 80 percent of the area median income can apply for five one-bedrooms for $1,230 per month and seven two-bedrooms for $1,486 per month.
Find out more
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