Award-winning screenwriter, film director, producer, and New York native Oliver Stone is moving to Battery Park City. As the New York Post learned, Stone is buying a 24th-floor condo at Riverhouse at 2 River Terrace, a building home to Leonardo DiCaprio and formerly, Tyra Banks (whose duplex hit the market last month for $17.5 million). The $4.35 million apartment boasts 1,982 square feet and floor-to-ceiling windows.
Battery Park City
Two years ago, Tyra Banks put her gigantic Battery Park City pad on the rental market for $50,000 a month, but the Times now reports that she’s decided to part ways with it completely, listing the 7,000-square-foot Riverhouse duplex for $17.5 million. Banks, who welcomed her first child last year, is spending most of her time at her homes in Los Angeles and Northern California since her new makeup line is headquartered in LA and both of her hosting gigs–for “America’s Got Talent” and “America’s Next Top Model”–also film there. She did, however, tell the Times that she’ll miss “the feeling of having a home in the sky.”
It’s been a long and arduous process rebuilding the St. Nicholas National Shrine, a Greek Orthodox Church that was destroyed on 9/11 when the second trade tower toppled on it. Only last year was the foundation poured, and only two weeks ago were the steel ribs of the structure’s defining dome installed. But despite construction moving forward at a glacial pace, officials yesterday celebrated a major milestone with a “topping out ceremony” at the church’s new site at Greenwich and Liberty streets. The touchstone event was notably marked by the addition of a temporary 6-foot-3-inch Justinian cross, reports the Times.
A report released Monday by the Downtown Alliance shows that the area south of Chambers Street in lower Manhattan is chock full of young New Yorkers with plenty of disposable income; the development advocacy group hopes the news will result in the creation of more options for them to spend it. Crains reports on the survey, which found that 60 percent of apartments in a growing residential sector that includes the Financial District, Battery Park City and the South Street Seaport are home to single tenants and roommates with no children, one of the highest concentrations of young singles–defined as 18- to 44-year-olds, in the city. This spendy demo hits the town every other night on average, blowing about $1,000 a month, adding up to $356 million a year. But according to the report, half of that is spent in other neighborhoods due to a lack of “appealing options” in the area.
He’s been called the King of FiDi with over 2200 apartments under his management. The founder and principal of Metro Loft Management, Nathan Berman specializes in transforming landmark office buildings into luxury rentals. He recently acquired the leasehold for 20 Broad Street, the former New York Stock Exchange building, and plans to convert it to white-glove rental apartments. Other properties include 20 Exchange Place, a 1931 Art Deco office building that used to be the City Bank-Farmers Trust Building, and the former Munson Shipping Company headquarters at 67 Wall Street. Both buildings were converted into luxury rental apartments with condominium finishes and features.
Over the years, Berman has developed a profitable formula that’s yielded some of the most architecturally distinguished rental buildings in lower Manhattan. Ahead, Berman explains his focus on the rental market, as well as his first foray into the world of condos with the uber-luxe 443 Greenwich Street.
Construction image via Port Authority
The city will cut the ribbon on another landscaped elevated this park this summer with the opening of the World Trade Center‘s Liberty Park—although no exact opening date has been pinned down, reports DNA Info. The park, which will measure just over an acre and rise 25 feet, is sited next to the Santiago Calatrava-designed St. Nicholas National Shrine (still under construction) and will provide an overhead view of the 9/11 Memorial and a leafy pocket of respite for FiDi workers, dwellers and tourists alike. But more practically, the park will give way to a pleasant pedestrian connection across West Street, on top of hiding the entrance to the WTC’s security hub that sits beneath.
Architecture, Battery Park City, Carter Uncut, Features, Financial District, History, opinion, Urban Design
Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us his fourth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the evolution of the Lower Manhattan skyline.
Lower Manhattan at the start of the Great Depression was the world’s most famous and influential skyline when 70 Pine, 20 Exchange Place, 1 and 40 Wall Street, and the Woolworth and Singer buildings inspired the world with their romantic silhouettes in a relatively balanced reach for the sky centered around the tip of Lower Manhattan.
Midtown was not asleep at the switch and countered with the great Empire State, the spectacular Chrysler and 30 Rockefeller Plaza but they were scattered and could not topple the aggregate visual power and lure of Lower Manhattan and its proverbial “view from the 40th floor” as the hallowed precinct of corporate America until the end of World War II.
The convenience and elegance of Midtown, however, became increasingly irresistible to many.
If you’ve read any of Augusten Burroughs‘ memoirs (“Running with Scissors,” “Dry,” or “Wolf at the Table,” to name a few) you’ll know that his life was quite tumultuous. His NYC home, however, is just the opposite. The Battery Park City studio condo at 225 Rector Place is completely plain and neutral and void of any bells and whistles. His past partner Dennis Pilsits purchased the residence in 2008 for $600,767, but then transferred it over to Burroughs in 2011, presumably as part of their split. Now, according to city records, the New York Times #1 bestselling author has unloaded the pad for a mere $637,000.
Behind all the banks, tall towers and tourists filling up FiDi is a dark past most of us know nothing about. Back in the 1700s, a corner of Wall Street at Pearl Street played host to the city’s official slave market. Though no real recognition has been given to those that suffered in the construction of Manhattan in its earliest days—rather, the area’s sordid past has for the better part been swept under the rug—WNYC reports that the city will finally pay tribute to these forgotten slaves, adding a historical marker to the site where the slave market once operated.
The listing doesn’t specify if you’ll have to walk the runway or strike a pose to be considered for the role of “America’s Next Top Tenant,” but if having Tyra Banks as your landlord sounds appealing, and if you have $50,000 a month to spare, be sure to check out the supermodel’s Battery Park City pad, which just hit the rental market, according to the Daily News.
The 7,000-square-foot Riverhouse condo was originally four separate units on the 22nd and 23rd floors, which Banks bought in 2009 for $10.3 million. In 2011, she angered neighbors with the “ear-rattling drilling” and paint fumes from the renovation, which lasted nine months longer than the expected completion date. Hopefully the new renter will be more in line with the low-key, eco lifestyle of the residence, which is known as the greenest residential building on the East Coast.