On April 3, three-time Grammy Award winner Bill Withers passed away at the age of 81. Among his top hits were “Ain’t No Sunshine,” “Lovely Day,” and “Lean on Me,” which will be the song New Yorkers will sing to out their windows this Thursday evening. Volunteer community choir Peace of Heart Choir kicked off the city-wide sing along last week with Frank Sinatra’s “New York, New York.” This week, the event is planned to reach the entire nation.
Rimless basketball hoops at Riverside Park and 74th Street on Friday, March 27. Photo © Dana Schulz for 6sqft.
In the recent weeks, Mayor de Blasio and Governor Cuomo have taken different approaches when it comes to social distancing measures in public spaces, but one thing they’ve agreed on is that basketball games need to stop. In his press conference on Wednesday, the Mayor spoke about the specific problem related to basketball courts and announced that he’d received reports from the Parks Department and the NYPD that 80 courts around the city, out of a total of 1,700, were an ongoing issue. He went on to say that the basketball hoops at these locations would be removed, which they were yesterday.
Book Culture on Columbus on Thursday 1/9/20, taken by 6sqft
Drawing comparisons to “The Shop Around the Corner” in the movie “You’ve Got Mail” (which is also set on the Upper West Side), Book Culture became a beloved neighborhood shop for its whimsical atmosphere, great selection of books, and cozy children’s reading room. But this past year, the store’s owner penned a letter to city officials asking for a $500,000 loan to stay afloat amid unpaid vendor debts and loans. Earlier this month, a city marshal seized the store for “eviction action” due to unpaid rent, West Side Rag reported. Though the store was hopeful it could find a solution to remain open (even starting a Post-it Note campaign where customers left their support on the storefront), they announced today in an email that their doors are shut forever.
In November, 6sqft shared data that showed sales at Trump Tower were still in a post-2016 slump, but year-end figures show that the decline is a larger trend across Trump-branded buildings in NYC. According to CityRealty’s annual Manhattan Year-End Report, “In the third full year of Donald Trump’s presidency, the average sales price for the 11 Trump-branded condos in Manhattan once again fell below the Manhattan condo average.”
Looking north towards Billionaires’ Row in early October © 6sqft
Throughout the year, there was much speculation that the real estate market was on a decline, but according to CityRealty’s annual Manhattan Year-End Report, ultra-high-end sales continue to keep the market strong. On par with 2018’s 228 sales, this year saw 221 sales at $10 million or more, totaling $4.6 billion, up from last year’s $4.2 billion. As CityRealty tells us, this is “largely due to big-ticket purchases near the southern end of Central Park, most notably at 220 Central Park South,” which accounts for one-third of that total, as well as a glut of new development condos coming online.
Photo courtesy of Blue Point Brewing Company
The L train shutdown may be canceled, but don’t let Cuomo’s Superman tactics trick you into thinking you’ll get off unscathed. Even without a full 15-month shutdown, there will be a slew of headaches and, like beer company Blue Point Brewing Company says, “who knows what will happen next?!” And when in doubt, an adult beverage can help soften the blow, which is why Blue Point developed its new “What the L?” brew, complete with a very Williamsburg-esque label created by local graphic designer and subway artist Winston Tseng.
Rendering of 200 East 59th Street via Studio amd for Macklowe Properties
CityRealty’s new 2018 year-end market report reveals trends in Manhattan real estate including a notable drop in transaction volume and a decline in condo sales prices after 2017’s roaring gains. Co-ops showed marginal gains in 2018. The New York Times refers to the report and quotes Jonathan J. Miller of Manhattan’s Miller Samuel appraisal firm: “Sales are not low–they are just not unusually high. It’s like we came off the autobahn: It feels very slow relative to the last three to four years, but historically it’s not.” See a few highlights from the report, below.
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- 318 East 81st Street: 318 East 81st: High-End Condos Up for Rent with High Prices to Match [LINK]