Photo via CityRealty
Despite suffering from a 30 percent drop year-over-year in median sale prices, Tribeca still managed to rank first as New York City’s most expensive neighborhood, followed closely by Soho. Property Shark released this week its list of the 50 priciest areas in the city in Q1 2018 and unsurprisingly, nine out of the top ten are located in Manhattan. Notably, the West Village witnessed an 88 percent year-over-year increase with a median sale price hovering $2.1 million. And the Flatiron District, which ranked as the most expensive neighborhood in the third quarter of 2017, fell to sixth place, with a median sale price of $1.85 million.
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The listing for this sprawling and spectacular loft at 44 Laight Street in Tribeca is loaded with hyperbole, but in this case we can pretty much see why. We’re not sure if it’s a “mysterious nexus of art, history, whimsy and amazing craftsmanship where to think of living there was to reduce the miraculous to the mundane,” but as far as loft condos go, it’s a pretty fly pad. Starting with a private entrance and private indoor parking space, the three bedrooms and remarkable living spaces in this landmarked Grabler Building home are definitely worth a look.
Prepare to be amazed
A massive wall of windows anchors this artsy Tribeca loft, complete with high ceilings, exposed brick walls and Corinthian columns. It’s located at 6 Varick Street, a condo conversion with no shortage of distinct loft apartments. After being on the market last year, asking $1.695 million and not selling, this pad is trying its luck with the higher price tag of $1.8 million. The next buyer will have free range across 1,079 square feet of open apartment.
Take a look
Vault lights in Soho, via WooJin Chung for 6sqft
Last week, 6sqft outlined the Landmarks Preservation Commission’s series of new proposed rules, which “calls for more oversight by LPC staff but less time for public review” in proposals for alterations to historic buildings. But these rule changes extend further than buildings–right down to the sidewalks. As Treehugger first pointed out, one of the LPC’s new rules pertains to the removal of vault lights–historic sidewalks made from small circular glass bulbs that are seen throughout Soho and Tribeca. As 6sqft previously explained, “the unique street coverings are remnants from the neighborhood’s industrial past when they provided light to the basement factories below before electricity was introduced.”
Stairs can be purely functional and totally uninspiring or they can be the stuff dreams are made of (just ask MC Escher). Dash Marshall, a multi-disciplinary architecture and design studio based on the Lower East Side, designed a stunning staircase made of brass and stainless and blackened steel, which rises from its brick foundation and is suspended from the second-floor ceiling in order to join two units in Tribeca (h/t Dezeen). By suspending the stairs from the second floor, that freed up a lot of space below in the living room, giving the firm even more space to work their renovation magic.
See the whole place and hear from the architects
Google Street View of 153 Franklin Street; Taylor Swift via Wiki Commons
As 6sqft previously reported, downtown Manhattan real estate investor Taylor Swift was recently sued by Douglas Elliman for allegedly stiffing a broker on the commission for an $18 million Tribeca townhouse at 153 Franklin Street that she bought this past fall. Now, according to The Real Deal, the pop star’s management company Firefly Entertainment filed a motion to have the brokerage’s $1 million suit dismissed. Firefly claims the lawsuit is “the latest in a long line of lawsuits” by Elliman and that the real estate agency had little if any involvement in the townhouse deal.
What’s the story here?
Courtesy of Charles Urdstadt
After landing on Amazon’s list of 20 potential cities for its second headquarters in January, New York City is one step closer to securing $5 billion in city investment and 50,000 high paying jobs. Although the city pitched four neighborhoods for the tech-giants’ HQ2 (Midtown West, Long Island City, the Brooklyn Tech Triangle, and Lower Manhattan), one investor has a different, less grounded location in mind. Real estate mogul Charles Urstadt took out an ad in the New York Post on Friday detailing his plan to bring Amazon to a landfill in the Hudson River. More here
In the impressive converted Tribeca loft condo building at 137-141 Duane Street and 62-66 Thomas Street known as Diamond on Duane, this three- or four-bedroom loft with 75 feet of world-facing windows has a recent renovation going for it in addition to 5,800 square feet of living space. In that renovation, no luxury was spared including a cashmere-lined bedroom, and “apartment-sized” closet/dressing room, a library with a full wet bar and a 20-foot gas fireplace.
Apartment-sized closet and more, this way
Photo of Christie Brinkley via Wikimedia
Supermodel Christie Brinkley recently picked up a penthouse in Tribeca for $29,500 per month while two of her Hamptons estates are still on the market. The gorgeous 3,000-square-foot apartment at 475 Greenwich Street boasts floor-to-ceiling windows, two terraces and incredible views of the Hudson River. Although Brinkley has called the Hamptons home for decades, one of her Sag Harbor estates is currently listed for $20 million and another, a little further down, for $29.5 million, as Variety reported.
This full-floor, pre-war Tribeca loft condominium is truly, as the listing implies, a warm and stylish exception in a sea of fabulous but frosty new developments. Asking $3.095 million, the spacious 1,835-square-foot home at 42 White Street is more civilized than the average loft, though more laid-back than the average townhouse, and currently has enough books and art to satisfy an entire generation of culture-hungry New Yorkers.
Have a look around