There are few things in life more charming than a gnome. We’re willing to bet Americans would take more vacations if they could just pack that little guy from Travelocity along with them. Well, we’ll do you one better. We are talking an actual gnome house. That’s right, this $14,000 rental at 316 East 59th Street was once home to Gnome Bakers, a little bakery that sold oddly shaped breads and rolls.
Toll Brothers’ latest condo development The Sutton has reached its 30-story apex and is currently applying a variety of skins to its frame that its designers hope will capture a “modern vintage” aesthetic.
Situated at the boundary of Midtown East’s Turtle Bay and Sutton Place neighborhoods at 959 First Avenue, the 90-unit tower (down from 114-units) will hold one- to four-bedroom residences priced from $1 million to more than $6 million, and provide the typical array of amenities and interiors that reflect the surrounding area’s classic New York vibe.
Rendering of the new tower (L); The four-building assemblage at 426-432 East 58th Street (R)
First spotted by the eagle-eyes at SkyscraperPage, a New York Press article has given us our first look at a potential 900-foot skyscraper reportedly designed by Foster + Partners and developed by the Bauhouse Group. The New York City-based real estate development and investment firm had recently closed on the three-building $32 million rental portfolio in tony Sutton Place at 428-432 East 58th Street. In March, the firm acquired a fourth property at 426 East 58th Street.
According to the New York Press story, “A sales brochure put together by Cushman and Wakefield dubs the project as the ‘Sutton Place Development’… there are indications that Bauhouse is looking to offload the site to another developer, and that whoever winds up buying the lot could build even higher than 900 feet.” Bauhouse is expected to release further details and renderings to the community this spring.
Who needs a shiny new development when you can have a penthouse in the highly sought-after Sutton Place neighborhood that has brag-worthy qualities like soaring coffered ceilings, a solarium, and terraces on all four sides.
But for some reason, it just can’t seem to sell. The apartment at 345 East 57th Street first appeared on the market a year ago, asking $6.5 million. Then it was briefly taken off the market in December after a price cut to $5.9 million. Now it’s back, hoping the third time is a charm, and that an avid fan of Edith Wharton novels drops in with $5.1 million in her pocket.
A charming maisonette apartment at 1 Sutton Place South just popped up on the market, asking $9.995 million. This 4,700-square-foot pad was formerly the home of Marietta Tree, a 1940s and ‘50s socialite, U.S Representative to the United Nations Commission on Human Rights, and companion to powerful men like John Huston and Adlai Stevenson. The home underwent a complete renovation in 2004 by designer Albert Hadley and architect Basil Walter. The end result channels a lavish Georgian townhouse in London.
Let’s just cut to the chase. Someone, somewhere along the way, had the brilliant idea (and a bank account to match) to combine three adjacent apartments at Plaza 400 into this sprawling 2,800-square-foot home. So if city living with suburban-sized rooms is on your bucket list and you’ve got $3.8 million to spare, look no further than this 5BR/4BA apartment located at 400 East 56th Street.
Last month, Jason Silverstein and David Shorenstein of Silvershore Properties along with investor Norman P. Rappaport purchased a $7.8 million Sutton Place townhouse. And just like that, they’re flipping it with an asking price of… wait for it… $19.95 million.
We’re not sure what rabbit Brown Harris Stevens listing agent Paula Del Nunzio plans to pull out of the hat but achieving a flip that big would be nothing short of spectacular. However, according to her webpage, she already has a few record-breaking sales under her belt.