Alex Ohebshalom’s Empire Management may finally be moving forward with plans to convert a McKim Mead & White-designed bank building at 250 Fifth Avenue and construct a 21-story hotel-tower behind. The project is the latest to join Nomad’s recent hotel boom that has produced the Ace Hotel, Nomad Hotel, Flatiron Hotel, and the upcoming Virgin Hotel. While building permits filed in July have yet to be approved, the existing six-story building recently cleared out its retail tenants, and its upper office floors now appear empty.
Since the site lies within the Madison Square North Historic District, the owners, under the LLC Quartz Associates, had to secure approvals from both Community Board 5 and the Landmarks Preservation Commission. With a proven track-record of steering projects in historically sensitive areas towards approval, architects Platt Byard Dovell White were commissioned. PBDW uncovered that a mid-rise loft building was once proposed for the site and this evidence allowed for LPC to more seriously consider a taller addition to the 1907, palazzo-like building designed for Second National Bank.
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Here’s a first look at the interiors of Pan-Brothers Associates lovingly restored condominium development The Bow Building at 242 Fifth Avenue. Acquiring its name from the ornamental bow cast onto its facade, the structure’s Queen Anne cast-iron front has been rehabilitated to its original 1885 grandeur. Once home to high-end antique furniture stores, tailors and art dealers, its sumptuously-scaled, arched windows will soon flood light into four bespoke units, each equipped with 11- to 20-foot ceilings and private outdoor spaces.
More info and all the renderings
Here’s our first peek at Alchemy Properties’ upcoming mixed-use condominium development NOMA. Slated to rise 26 stories/316 feet from a 7,000-square-foot corner lot at 846-850 Sixth Avenue, the building will be the first ground-up condominium development in NoMad west of Fifth Avenue.
With demolition just wrapping up on a single-story strip of retail stores, excavation will soon begin for a FXFowle-designed mixed-use tower that is slated to house 52 condo apartments and 13,000 square feet of retail space on its first two floors. Zoning diagrams filed at the Department of Buildings indicate the form of the tower will be composed of variously scaled and skewed interlocking volumes. Units with eastern exposures will have balconies.
, Thu, September 17, 2015
There was a time in NYC when there wasn’t an expectation that an apartment or loft come with a full set of shiny new appliances and amenities; you could carve out a space for yourself over time, and end up with a beautiful, unique and comfortable home. That’s about the time–1977, to be exact–when the owners of this cool and crafty Nomad loft, then a recent co-op conversion, bought it for $50,000 and moved in. Now this large two-bedroom 12th floor loft with a private terrace is on the rental market for $8,000 a month.
The owners–she was an art historian who passed away about a year ago, he’s a retired biophysicist–and their daughter had always been fond of the excitement of scavenging what others left behind–like a six-burner restaurant stove and what is now a veritable jungle of plants. The building had been used for light manufacturing, and the couple had to design the entire 1,620-square-foot space to make it a home. Since the space was completely raw, they could configure it any way they pleased. The loft was featured in a 2006 article in the Times, in which the home’s late owner and main design force is described as having “a gimlet eye for the gorgeous.”
Take a look around, this way…
Images of a mysterious high-rise project have been posted on the website of Architecture Work Office, depicting a balcony-laden 50-story residential tower that balloons in area as it rises.
The rendered skyscraper appears to align with a block-through development site near the corner of West 29th Street and Fifth Avenue that has been assembled by Ziel Feldman’s HFZ Development. That site was purchased from the Collegiate Churches of New York in 2013 and was partially occupied by the striped brick and limestone Bancroft Building dating to 1896. Despite pleas from preservationists, the building was demolished earlier this year and has gone down as one of the city’s most heart-wrenching architectural losses in recent years.
is this new tower in the works?
*** Update via the development team: Interior renderings from ASJNY are only conceptual and do not represent the actual project moving forward.
Here’s our first look at what the residences of a highly anticipated condo conversion at 212 Fifth Avenue could look like. In March we revealed a set of whimsical renderings for a conceptual design whipped up by the visualization artists ASJNY.
The actual plan going forward, approved by the Landmarks Preservation Commission this past April, calls for a more sensitive touch. In addition to carving out 48 homes, the 1913 neo-gothic building’s ground-level storefronts will be renovated, its parapets reconstructed, and the tower’s stately limestone, terra-cotta and brick exterior will be restored, which may entail creating some additional windows.
More details ahead
If you’re looking for a loft with character, you’ll want to check out this unit at 107 West 25th Street in Chelsea. It has all the original elements you look for, like refinished hardwoods, and whitewashed exposed brick, while throwing in some rare extras like original tin ceilings, exposed pipes painted red, and a 16-foot skylight. And it’s available for rent for the first time ever for $6,500 a month.
More pics inside
Image via New York YIMBY
Is there any architect more in demand than Rafael Viñoly these days? NY YIMBY has uncovered the first renderings of the starchitect’s latest residential project, a tower slated to pierce the sky from a Nomad site at 281 Fifth Avenue. Though notably smaller than 432 Park Avenue at just 705 feet, the skyscraper does share the 432’s stark and very geometrical shape. It will also be one of the tallest in the neighborhood once constructed.
Find out more here
Recent reports show that NoMad has taken over the top spot for priciest neighborhood in the city in which to rent, with a one-bedroom unit going for an average of $4,270/month. For most real estate aficionados this isn’t shocking, as the neighborhood has been growing into one of the city’s hottest spots for the past several years, but few know of the area’s fascinating past.
Named for our fourth president, James Madison, the 6.2-acre Madison Square Park was first used as a potter’s field, then an army arsenal, then a military parade ground and finally as the New York House of Refuge children’s shelter, until it was destroyed by a fire in 1839. After the fire, the land between 23rd and 26th Streets from Fifth to Madison Avenues was established as a public park enclosed by a cast-iron fence in 1847. The redesign included pedestrian walkways, lush shrubbery, open lawns, fountains, benches and monuments and is actually similar to the park that exists today.
Find out how our beloved madison square park came to be
Broadway between 26th and 27th Streets, part of the current Madison Square North Historic District, via Wiki Commons
Over the past few years, NoMad (north of Madison Square Park) has been the subject of countless articles looking at its rise to becoming a go-to place for culture, food, business, and residential opportunities. In fact, as we reported last June, since 2009 the neighborhood has seen price-per-square-foot averages rise by 40 percent. But not everyone looks at this neighborhood as the next frontier. Local residents and preservationists see the area as a relic of the late 19th century, when it was home to the city’s most opulent hotels and mansions and brownstones occupied by New York’s elite, as well as of the Roaring Twenties, when the community boomed as a commercial hub. For these cultural reasons and for NoMad’s wealth of industrial and gilded architecture, a proposal will be heard tonight in front of the landmarks committee of Community Board No. 5 to extend the Madison Square North Historic District.
NoMad property owners and developers don’t agree with the proposal, citing that the area’s building stock has been significantly altered over the years. As the Wall Street Journal reports, “The face-off is significant because it is centered in an area that has seen hundreds of millions of dollars of private investment, with new hotels and apartment buildings breaking ground, and new stores and restaurants opening almost weekly. In the eyes of real-estate executives, it would freeze growth in a rare section of Midtown Manhattan still ripe for development.”