Families looking to buy apartments in the Big Apple often have a standard list of demands: safe area, family-friendly neighborhood, and space to accommodate their children. But perhaps most important is the desire to be close to a top school. Though not a new idea, this trend appears to be growing among international buyers who are actively seeking homes close to international private schools, hoping to preserve their native language and culture within their children’s upbringing. One area where new apartment buildings are benefitting from this trend is the Upper East Side, specifically in Lenox Hill, which is host to Lycée Francais de New York and La Scuola d’Italia. And downtown in Nomad, the Ecole Internationale de New York and the United Nations International School are having a similar effect.
Elite international schools are attracting buyers to new developments on the Upper East Side and Nomad, Wed, October 26, 2016
As 6sqft previously reported, sales prices in Nomad rose 43 percent over the past five years, a fact that the developers of 212 Fifth Avenue very likely had in mind when they put a $68.5 million price tag on their building’s penthouse. If the sprawling apartment sells for anywhere near its asking price, it will set a record as the most expensive sale in Nomad. This newly-minted trophy triplex atop 212 Fifth Avenue is the crown (as the listing calls it) that occupies the 22nd, 23rd, 24th floors of a recently converted 1912 condominium building. There are five bedrooms and 5,730 exterior square feet including (at least one) pool.
L to R: 212 Fifth Avenue; The Whitman; 10 Madison Square West
Prices in Nomad shot up a whopping 43 percent over the past five years, according to a new index from CityRealty, a marked increase that the developers of 212 Fifth Avenue may have been aware of when they put a $68.5 million price tag on their building’s triplex. If the sprawling apartment sells for anywhere near its asking price, it will set a record as the most expensive sale in the neighborhood, where other new developments have already raised the ceiling on the area’s sale records.
View to the southwest of the Empire State Building with a conceptual 928-foot-tall tower at the site of 262 Fifth Avenue.
A near supertall skyscraper is coming to Nomad, according to a recent Department of Buildings filing for 262 Fifth Avenue. Boris Kuzinez, an Israeli-Russian billionaire, submitted plans last week for a 54-story, 928-foot-tall mixed-use tower on the southwest corner of Fifth Avenue and 29th Street where a trio of pre-war buildings currently stand. The tower will certainly make a dent on the NYC skyline, and will be the tallest structure between Midtown and Downtown if it wraps before several other projects now in the works.
In a city with a museum in an elevator shaft and another all about transit history, it should come as no surprise that there’s a museum dedicated to math. Located across from Madison Square Park, the National Museum of Mathematics is an institution devoted to the numerous possibilities that numbers hold. Since opening in 2012, MoMath has been a place for visitors of all ages to gets hands on with the subject through interactive exhibits that explore conundrums like how it’s possible for a square-wheeled tricycle to pedal on a circular, curved surface. And as of last week, the museum offers the chance to drive remote-controlled cars on either a Möbius strip or a trefoil track in the newly opened Twisted Thruway.
6sqft recently visited the museum to speak with Executive Director and CEO Cindy Lawrence about the importance of making math interactive and most importantly, fun.
It’s been just 10 days since Alec and Hilaria Baldwin welcomed their third child together into the world, but they’re wasting no time continuing the hunt for a larger home to accommodate their growing brood. After touring a $16.5 million Chelsea penthouse at the beginning of the month, they’ve now set their sites on a similarly-sized, $16.6 million spread at Nomad’s 212 Fifth Avenue, reports the Post. The 1912 neo-Gothic buiding sits at the northwest corner of Madison Square Park, and the four-bedroom unit that caught the couple’s eyes boasts soaring ceilings, three exposures with views south to the Flatiron building and Freedom Tower, a marble-floored entry foyer, and a twelve-foot-long Calacatta gold marble kitchen island.
House Beautiful calls designer Leslie Klotz’s rooftop loft “a wonderful mashup of Manhattan and Montmartre,” and the homeowner says visitors are reminded of a Parisian artist’s garret, though this designed-to-the-nines Nomad penthouse at 66 Madison Avenue is definitely more soigné than starving artist.
A gut renovation of the space–it was once the building’s boiler room–by the designer and former Banana Republic PR executive resulted in a light-filled aerie topped with a web of massive skylights and blessed with enough terrace space to accomodate her love of indoor/outdoor living and entertaining. Now on the market for $2.450 million, the apartment atop the full-service Madison Parq co-op is located in of one of the city’s hottest downtown neighborhoods
Earlier this year, sales launched at The NOMA, a 55-unit ground-up condominium developed by Alchemy Properties and designed by Daniel Kaplan of FXFowle Architects. The 24-story building is distinguished by a gray-brick skin and ribbons of gridded windows that pay homage the area’s industrious roots. The “neo-Bauhaus” exterior references the older loft buildings from the early 19th century, the clean lines of the Bauhaus movement, and the massing of the parade of newer residential towers that have cropped up along Sixth Avenue in Nomad.
Soaring nearly 500 feet into the Manhattan skyline, One Sixty Madison is a shimmering 45-floor rental tower at the boundary of the Murray Hill and Nomad neighborhoods. Developed by J.D. Carlisle Development and designed by SLCE Architects, with interiors by Philip Koether Architects, the uniquely massed building is rotated 45 degrees from its Madison Avenue and 33rd Street frontages, guaranteeing homes an abundance of light and air and stunning skyline views.
For a limited time, the leasing team is offering incoming renters two months free on two-year leases and one month free on one-year leases, both with paid OP (broker fees). Current availabilities include an 11th floor studio with a net effective price of $3,263/month, one bedrooms starting from $4,412/month, and two-bedrooms beginning at $6,692/month.
Within the Empire State Building’s five o’clock shadow, an eruption of glossy residential high-rises are nipping at the dame’s feet. Embracing a thoroughfare most familiar for its commercial connotations, the latest tower to ascend is a 33-story condo simply known by its address, 172 Madison Avenue. The 130,000-square-foot skyscraper is being developed by Tessler Developments and is among a half-dozen residential buildings planned for a central, yet undefined neighborhood that is almost Murray Hill, but not quite NoMad. Its topped off concrete frame rises nearly 450 feet above its East 33rd street corner, which was previously occupied by a ubiquitous clump of commercial, low-slung masonry structures.
Now with its debut pegged for early next year, the symmetrically-massed tower designed by Karl Fischer Architects is being dressed in its sparkly coat of reflective glass that is accentuated by robust onyx-colored frames. And along with this debut, comes new renderings of the triplex penthouse dubbed the SkyHouse, which is a massive marble palace with two outdoor pools.