Not only do the Mets have a winning record on the field to star the season, but their star pitcher Noah Syndergaard is racking up the runs when it comes to real estate. Last year, he rented at Midtown’s swanky MiMA tower, and now Curbed reports that he’s spending this season just a few blocks west on 42nd Street at the pro athlete-filled Sky, the largest rental in NYC. Not only does fellow Mets pitcher A.J. Ramos live there, but so do Knicks stars Kristaps Porzingis and Sasha Vujacic. Plus, the building has a Carmelo Anthony-designed NBA regulation-sized basketball court and 70,000-square-foot recreation facility.
Recognizing life sciences as New York City’s next largest growth sector, Vornado Realty Trust and Related Companies hope to attract tech companies to the redevelopment of the James A. Farley Post Office. The joint venture will develop 850,000 square feet of commercial space, with roughly 730,000 square feet set aside for office space. The developers, which have a 99-year lease, are seeking biotechnology and pharmaceutical businesses as tenants, according to the Wall Street Journal. The team has hired a Boston-based broker with experience in the life-sciences real-estate market and has also created a brochure with possible designs for laboratory and office space. The brochure is titled “Moynihan Research Center at Farley.”
Photo outside Penn Station via Maciek Lulko/Flickr
Less than one week before the state’s deadline to adopt its budget, Governor Andrew Cuomo proposed the “New York Pennsylvania Station Area Redevelopment Project,” a state-controlled development area around Penn Station. In the constant one-upmanship between Cuomo and Mayor Bill de Blasio, this would give Cuomo control over one of Manhattan’s top name-brand landmarks, according to a draft proposal acquired by Politico.
Imagine a future Midtown West with state-of-the-art retail and office towers, an abundance of open green space and an attractive, efficient transit station. While plans to bring all of that is in the works, it could be years away from becoming reality. As CityRealty learned, one of the neighborhood’s busiest developers, Brookfield Properties, is giving us a preview of what the area will eventually look like, with new renderings for its expansive, six-building Manhattan West project. Plus, the developer also created a CGI video that provides a virtual tour of the Empire Station, the hall currently undergoing renovations at Penn Station.
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.
Penthouse rendering courtesy of Aman Resorts
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.
Adding to yesterday’s announcement of the waitlist launch for affordable apartments at TF Cornerstone’s 455 West 37th Street, a waiting list is now open for 840 more units in the Hudson Yards/Midtown West development just across the avenue at 505 West 37th Street. Similarly, the affordable units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Residents can enjoy amenities like a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).
The lottery is now open for a waitlist for affordable rental apartments at TF Cornerstone’s 455 West 37th Street in the Hudson Yards district in West Midtown. The units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Amenities at the 23-story building include a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).
Architecture firm RB Systems has just published a set of renderings that explore the new supertall tower typology that’s been gaining popularity in New York City in recent years. First spotted by New York Yimby, the “New York’s Super Slender” tower in the renderings is shown on a small (only 30 meters by 30 meters) vacant West Midtown site at 265 West 45th Street. The tower was designed to squeeze onto a 98-foot wide lot, which would put it among New York City’s most slender towers. Rising 1,312 feet high, the theoretical building would provide modern, ergonomic, sustainable office spaces. The project reflects a likely path for skyscraper design in the coming years, when the city’s towers will need to meet the challenges of dense city centers and a dearth of large vacant lots coupled with a demand for new properties.
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.