Image: Before the 2005 sale
It’s been two-and-a-half years since developer Aby Rosen of RFR Realty scooped up the former Germania Bank Building for $55 million. He bought it from photographer Jay Maisel, who in 1966 turned the then-abandoned landmark into his own private 72-room mansion. After removing the Nolita building’s iconic graffiti last summer, Rosen is now all systems go for his conversion to an office building with ground-floor retail. As the Post reports, Seattle-based fashion retailer Totokaelo (who counts among its designer offerings Acne Studios, Comme des Garçons, Jil Sander and Proenza Schouler) signed a lease for 8,918 square feet at street level. However, the deal only covers early fall through March 2018 for a large-scale pop-up store.
All the details ahead
This effervescent and efficient top-floor apartment at 14 Prince Street in chic downtown boutique district Nolita has just arrived on the rental market. For $6,800 a month the compact, smartly renovated “penthouse” spans 920 square feet, has one (big) bedroom and offers the rare-in-NYC bonus of a private terrace.
See the rest of this bright Nolita pad
Before 152 Elizabeth Street, Pritzker Prize-winning architect Tadao Ando had never designed a building in New York City. The ultra-high-end, seven-unit, seven-story Nolita condominium is currently on the rise at the corner of Elizabeth and Kenmare Streets. Every detail of this Ando building reflects the famed architect’s philosophy that, “a living space should be a sanctuary. It has to be a place where you can reflect on your life.” Ando’s signature use of concrete and glass creates a strong yet minimalist beauty that finds balance at a location on the convergence of numerous neighborhoods. As architecture critic Carter Horsley puts it, “152 Elizabeth is not a dramatic masterpiece by one of the world’s greatest architects but a very refined and subtle ‘enclosure’ with wonderful detailing, a delightful surprise in this brand new, gee-whiz world of starchitects.”
This bright and airy co-op at 308 Mott Street in Noho may not have a 35-foot-long terrace, but it is, as the listing says, both charming and efficient, with plenty of storage and enough room for a guest or two. The lovely tree-lined blocks that surround the building are home to elegant buildings both historic and new, and quaint shops, theaters and restaurants just far enough from the bustle of Soho. It’s an expensive enclave, home to celebrities galore, so the $550K ask makes this charming apartment seem like quite a find.
Get a closer look
240 Centre Street, formerly the New York City Police Headquarters, is somewhat known for its splashy pads with amazing details and high price tags–like this $40M penthouse in the building’s clocktower dome–that are better at getting attention than finding buyers; this remarkable duplex in the Nolita landmark is no exception. Late New York Five architect Charles Gwathmey designed this reborn 6,600 square foot home that includes what was once the police gymnasium. The stunning co-op has been on and off the market since 2008, at one point asking $31M (h/t Curbed); the four-bedroom apartment just reappeared on the market $18.5 million.
Tour this one-of-a-kind Manhattan masterpiece
DoBro (Downtown Brooklyn), MiMa (Midtown Manhattan), Hellsea (Hell’s Kitchen meets Chelsea), BoCoCa (Boerum Hill, Cobble Hill, Carroll Gardens)–typically we blame brokers and real estate marketers for inventing outlandish neighborhood acronyms as a way to make their listings and developments seem unique and in uncharted territory. But this time, the writers over at Travel + Leisure have decided to try their hand at the name game, dubbing “NoLo” the next trendy ‘hood. “There’s no cooler neighborhood mashup,” they say, than “the parts of Soho where Nolita bumps against the Lower East Side.” Here you’ll find “a community of restaurants, shops, cafes and drinking spots that exude the city’s cutting edge style.”
When 6sqft learned of Manhattan’s last two burial plots for sale at the New York Marble Cemetery for $350,000, we thought that was some steep real estate. But it looks like the Basilica of St. Patrick’s Old Cathedral in Nolita has them beat, as the Post reports that the historic Mulberry Street location is opening “its 200-year-old crypt to the public for the first time — selling a six-person family vault in the catacombs for $7 million.”
More on where you can spend the afterlife
It’s been 16 months since John Legend and Chrissy Teigen listed their uber-stylish Nolita loft for $4.5 million, and four months since they welcomed their baby daughter Luna into the world, and now the power couple is free to find a new family-friendly home as the Observer reports that their apartment has sold for $3.995 million.
The couple purchased the apartment in 2012 for $2.5 million after selling their East Village condo at 52 East 4th Street for $2.7 million. They enlisted Don Stewart of Los Angeles–based firm Desiderata Design to complete the “dark, moody atmosphere,” which is an attractive combo of cozy, industrial, and eclectic. Some of the unique design elements, in addition to the requisite piano nook, are a reclaimed wood wall, an Asian-inspired green silk bed spread, and a 19th century gilded leather screen on a bedroom wall.
Ogle more this way
Rendering via the Rinaldi Group
After getting a peek of its entryway facade in March and announcing that rocker/actor Lenny Kravitz will mold its interior residences, we now have our first full look at DHA Capital‘s 35-unit condominium 75 Kenmare Street. Situated at the corner of Mulberry Street in Nolita, the upcoming seven-story development converts and expands upon a parking garage which DHA, in partnership with AMS Acquisitions and First Atlantic Capital, purchased for $50 million last year. Manhattan-based architect Andre Kikoski designed a sumptuous masonry skin composed of “richly textured and finely scaled” cast-formed concrete, and the apartments are expected to go from $1.7 million to more than $12 million.
Find out more
190 Bowery getting a bath; photo via Bowery Boogie
Though the Landmarks Preservation Commission approved a proposal to restore the former Germania Bank Building at 190 Bowery with its controversial coat of graffiti intact, the on-again-off-again spray paint layer looks to be on its way out according to onlookers (h/t Bowery Boogie). Power-washing and a “paint-removal system” are reportedly underway, disappearing decades of scrawl.
Refresh your memory on what’s in the future for 190 Bowery