Manhattan

Recent Sales, Upper East Side

staircase, Reed Krakoff, townhouse

It’s a great market for townhomes. 54 East 64th Street has been sold to designer Reed Krakoff and his wife Delphine for $28 million.

This news is especially remarkable considering the townhouse’s history. Formerly a Kips Bay Decorator Show House and a one-time home of the New York Observer, this Upper East Side gem was transformed into a luxurious home when it was purchased by real estate investor David Quinlan for $18.74 million back in 2005.

After failing to turn the hefty profit he was hoping for, Quinlan sold the townhouse for $20 million in 2011. Last year it was placed back on the market for $20 million; however, broker Dolly Lenz changed that, upping the asking price to $28 million. They don’t call her a superbroker for nothing.

Check out more photos of the townhouse here

Architecture, Cool Listings, Midtown East

400 Fifth Avenue, Gwathmey Siegel, The Residences, Bizzy & Partners,

One look and you may never want to leave this exquisite sun-drenched and spacious home, part of The Residences, a gorgeous new Gwathmey Siegel designed masterpiece developed by Bizzi & Partners.

Sitting 60 stories above one of the most desired streets in Manhattan, this 2BR/2.5 bath residence at 400 Fifth Avenue bestows breathtaking panoramic views from just about every room. Every detail, from the hardwood black oak flooring throughout to the ample closet space, ensures no matter where you are in this gracious home, life is better simply by being there. In fact, the residences at 500 Fifth are so beautiful the building even has its own coffee table book, 500 Fifth Avenue: A New Gwathmey Siegel Landmark, coming out this fall!

Take a peek inside this gorgeous residence

Architecture, Financial District, Hotels, Manhattan

Coming Soon Summer 2015: The Beekman Hotel

By Aisha Carter, Fri, May 2, 2014

5 Beekman Street

After years of failed attempts by developers, GFI Capital Resources Group is accomplishing what some thought was impossible: They are converting 5 Beekman Street – along with its empty next-door neighbor 115 Nassau Street – into a hotel and condo.

The landmark building was one of New York’s original skyscrapers, once towering nine stories. Its distinctive architecture boasts the famous Temple Court, an interior atrium punctuated by a skylight in the shape of a pyramid. It is surrounding this very feature that 287 hotel rooms will be constructed.

Read on for more details here

Recent Sales, Upper West Side 

Al Franken - 90 Riverside Drive

US senator Alan Stuart “Al” Franken, and his wife Franni, have just sold their 2,600-square-foot co-op at 90 Riverside Drive for $4.05 million.

According to the listing held by Warburg Realty, the home features four bedrooms, hardwood floors, three dishwashers, and sunny southern exposures in a turn-of-the-century landmarked town home. From pictures, it looks quite quaint and charming, despite its multi-million dollar locale.

City records show that the politico and former SNL star handed the keys to his UWS digs over to James Stone, a managing director at New Mountain Finance, and Lisa Kiell, international director at Jones Lang La Salle.

Peek inside the former Franken pad here

Celebrities, Recent Sales, Soho

A picture of Derek Lam's Soho loft

After a long stint on the market, designer Derek Lam and his partner Jan-Hendrik Schlottmann are officially parting ways with their Soho loft.

The pair put the two-story, 2,117 square-foot space on the market for $6 million last year, and they came in just a little short of their ask. The loft comes complete with a second story devoted entirely to the master suite, huge windows, and translucent panels that allow the home’s inhabitants to reconfigure the kitchen and living room spaces as need be. They purchased the 3 BR/3 BA Mercer Greene apartment back in 2011 for $4.65 million. Another fun fact: Rihanna also once lived in the building.

Take a look inside the loft here

Recent Sales, Soho

Chiara Clemente, Joan Miller, Tyler John Thompson, Artist lofts, nyc lofts, soho lofts, soho real estate, joan miller nyc loft, cool nyc lofts, 136 Grand Street

The late modern dance choreographer Joan Miller‘s Soho loft was just purchased for $1.5 million by film director Chiara Clemente and her partner Tyler John Thompson.

The spacious, sun-filled loft is situated in a boutique, prewar, six-story co-op at the corner of Crosby and Grand Streets. The hip locale perfectly suits Clemente and Thompson’s M.O. — the duo have been featured in all the coolest mags and sites, from Purple to W magazine to Opening Ceremony. Clemente has even worked with legendary photographer Bruce Weber.

Take a peek inside this stunning studio

Recent Sales, Upper East Side

Vestar Capital, Robert Rosner, Cecile Rosner, luxury apartments nyc, luxury condos nyc, carnegie hill apartments, ny real estate, new york real estate, carnegie hill homes

Vestar Capital founder and co-president Robert Rosner and his interior designer wife have snapped up a 14th floor condo at 1095 Park Avenue.

The couple was previously in the former Stanhope Hotel, a 1926 Rosario Candela jewel box at 995 Fifth Avenue opposite the Metropolitan Museum of Art, that was converted into luxury condos. Their new abode features the same modern, streamlined aesthetic of their previous space — a style which Mrs. Rosner has once described as “a chic and sleek downtown sensibility in an iconic uptown setting.” Do you agree?

Get a closer look inside here

hudson yards, Major Developments

hudson spire, hudson yards, tishman speyer, sherwood equities

Manhattan-based owner/developer Sherwood Equities has sold multiple Hudson Yards parcels to Tishman-Speyer for $200 million, reports Jeffrey Katz, Sherwood president, in a press release today.

The sites are situated at the southeast corner of West 34th Street and Hudson Yards Boulevard, and at West 35th Street and Tenth Avenue, and neighbors another parcel purchased by Tishman-Speyer from the Rosenthal family. The WSJ reports the total deal rings up at $438 million.

The combined parcels will allow Tishman-Speyer to develop a 2.25 million-square-foot, full-square-block office building, which could become the tallest structure in the United States at 1,800-feet tall. The unbuilt tower has already been christened the Hudson Spire.

Architecture, Flatiron, Starchitecture

43 East 22nd Manhattan Condo KPF Continuum Tower Skyscraper luxury ()

A new 80-unit condominium tower at 45 East 22nd street will bring the distance between New York’s two preeminent skylines a bit closer. Ian Bruce Eichner’s, Continuum Company has plans to build the loftiest skyscraper between the Empire State Building (1,250 feet) in Midtown and the Woolworth Building (792 feet) in the Financial District. The project designed by the high-rise pros of Kohn Pedersen Fox Associates, stretches skyward 60 floors — a whopping 778 feet from an unassuming 50-foot wide lot currently occupied by two row-homes.

We recently stopped by the site to see how things are coming along, and it looks like demolition has just started. Check out our survey and snaps of the project ahead.

More photos and renderings here

infographic, Manhattan, Neighborhoods, People

manhattan stereotypes, manhattan cliches, nyc stereotypes, nyc cliches, manhattan real estate, nyc neighborhood stereotypes, average new yorker, new york rents

Every NYC neighborhood has its archetype, and this infographic by Apartment List perfectly depicts every Manhattan nabe to a tee.

While you’ll of course find the obvious characterizations like the Goldman Sachs associate who galavants around the Upper East Side, hilarious insights like what Chelsea residents do for fun (“People watching at the High Line, eating a popsicle”) will give you a giggle. The infographic also provides useful info like the average cost of one- and two-bedroom apartments, as well as how much cash you can save by sharing — all in terms any New Yorker can understand (ex. in Tribeca you can pocket $1,548/month; a.k.a. 19 pairs of Lullemon pants). And though Apartment List’s creation just depicts Manhattan ‘hoods right now, given the easy target that lies just across the East River, we’re keeping our eyes peeled for their take on Brooklyn.

Check out the full-size version here

Archtober

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