By Diane Pham, Wed, April 30, 2014
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.
By Ondel Hylton, Tue, April 29, 2014
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
By Annie Doge, Mon, April 28, 2014
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
By Diane Pham, Mon, April 28, 2014
According to property records filed with the city in Friday, it appears that George Stephanopoulos is moving on up in his 30 East 72nd Street co-op!
The Good Morning America co-anchor and his comedian wife, Alexandra “Ali” Wentworth, purchased a sizeable 2BR/2BA apartment located on the 10th floor of their current building for $2.2 million. The pair already own a 3,300-square-foot, ninth-floor apartment at the same property, purchased for $6.5 million in 2010. Word is that the couple will merge the two apartments into one luxurious home.
More on the deal here
By Annie Doge, Thu, April 24, 2014
Society couple Pamela Farkas and Andrew Paul have finally found a buyer for their co-op at 820 Park Avenue.
The duo placed their property on the market last September, and it looks like Wall Street exec Matthew Cherwin, who was recently named co-head of JPMorgan’s Global Credit, Securitized Products and Public Finance, and his wife, Wendy Cherwin, handed over $22 million for the digs. The interiors of the duplex are definitively Upper East Side, and the residence boasts five bedrooms and 180-feet of Park Avenue frontage.
A look Inside the luxury home here
By Dana Schulz, Tue, April 22, 2014
The Soho penthouse of artist Charles Ross closed for $25.58 million, falling just short of breaking the record for most expensive sale of a downtown co-op (the current record holder is 141 Prince Street’s penthouse, which sold for $27.5 million in April 2011). Located in a former cast-iron manufacturing building, the space originally went on the market in November 2013, listed for $32 million.
The 7,500-square-foot duplex unit includes four bedrooms and five full bathrooms. It also boasts a wine cellar that can hold 1,500 bottles, a media room, a massage room, original cast-iron columns, and a 4,200-square-foot roof terrace that has an outdoor kitchen and shower, a covered patio, and a manicured lawn.
Take a Look inside. Is it worthy of its hefty price tag?
By Dana Schulz, Tue, April 22, 2014
We’re not sure if the new owners will be staging any sit-ins, but they’ll certainly have plenty of room to do so in this 5,700-square-foot Greenwich penthouse that they purchased for $8.3 million from Yoko Ono.
Ono bought the condo at 49 Downing Street in 1995 for her son Sean Lennon, but it’s sat empty since the first few years when he lived there (Ono famously still lives in the Dakota apartment she once shared with John Lennon). The home originally hit the market in July 2013, but was taken off shortly thereafter while Ono battled her co-op board in court, citing that they interfered with her plans to sell. It was listed again in November 2013 for $6.5 million, and earlier this month public records listed the final selling price at $8.3 million.
A closer look inside here
By Patty Lee, Tue, April 15, 2014
One of Tribeca’s few remaining cast-iron buildings may be getting taller. According to a recent request filed with the Department of Buildings, the owners of 172 Duane Street wants to add four more floors to the historic downtown structure. But it’s not the first time the owner, listed on the application as Anthony Coll, has attempted to super-size the building.
More details on the plan here
By Jason Carpenter, Fri, April 11, 2014
Last year, a Kickstarter crowd funding project for an ambitious public pool in the East River passed its $250,000 goal. This month, the project entered its first phase by dropping a miniature version of the pool called Float Lab into the river, testing the water quality and concept of the pool. If all goes according to plan, Gothamites will be splashing in this river pool in 2016!
See more renderings of this amazing design here
By Patty Lee, Wed, April 9, 2014
If it seems like Starbucks and Duane Reade are colonizing the streets of New York City, there’s now photographic proof. A new series from shutterbugs James and Karla Murray looks at the rapidly changing face of Gotham’s storefronts and — no surprise — they’re getting more corporate.
Gone are the colorful mom-and-pop signage the Murrays shot just a decade ago for their book Store Front: The Disappearing Face of New York. In their place? Fast food franchises, banks, and high-end boutiques.
A peek inside the book