Tribeca

condos, New Developments, real estate trends, Tribeca, yorkville

Photo via Chris Goldberg/Flickr

For followers of Manhattan real estate it would be hard to miss the bumper crop of innovative, eye-catching and pricey new developments rising what seems like daily in Tribeca; but big numbers for new towers may come as a surprise when they’re attached to old-school Yorkville on the Upper East Side. In the city that never fails to surprise, recent research from CityRealty shows that Tribeca and Yorkville are the top neighborhoods for new development condo sales so far this year. There are, of course reasons for the unlikely pairing at the top.

See who else is on the list

Featured Story

Features, My SQFT House Tours, Tribeca, Where I Work

Vipp, Where I Work, Showrooms

6sqft’s series “Where I Work” takes us into the studios, offices, and businesses of New Yorkers across the city. In this installment, we’re touring the showroom-apartment of Tribeca’s Vipp, a third-generation Danish companyWant to see your business featured here? Get in touch!

Nearly 80 years ago in Denmark, Holger Nielsen designed a trash can with a pedal for his wife Marie’s hair salon. Despite having no intention of selling it, demand grew for Nielsen’s sleek, and hygienic, trash bin and it became a fixture in Danish clinics, and later home use, over the next several decades. Nielsen called the bin “Vipp,” Danish for tilt, which describes the lid’s movement. In 2009, the design was accepted into the permanent design collection at MoMA.

Today, Vipp is a third generation family-owned company run by Nielsen’s daughter, Jette Egelund, and her two children Kasper and Sofie. In addition to its classic bin, Vipp now offers a wide range of lifestyle products, from entire kitchens and bathrooms to tableware and lighting. Based in Copenhagen, Vipp came to the United States four years ago and opened a showroom in Tribeca. Sofie Christensen Egelund, along with her husband and business partner Frank Christensen, turned the showroom into their actual apartment, outfitted with Vipp products. The designer-couple gave 6sqft a tour of their live-work space and Sofie talked to us about the company’s design DNA, the move from Denmark to Manhattan and what it’s like to work together as a married couple.

Take a tour of the apartment-showroom

Celebrities, Recent Sales, Tribeca

111 Murray Street, Michael Cohen, Tribeca

Photo of Michael Cohen via Wikimedia

As Michael Cohen put his $9 million Trump Park Avenue apartment as collateral against a bank loan this spring, the former personal lawyer of President Donald Trump was signing a deal for a $6.7 million pad in Tribeca. The Wall Street Journal reported on Thursday that Cohen, who is under federal investigation, bought a 19th-floor apartment in April at 111 Murray Street, a 792-foot-high condo tower designed by Kohn Pedersen Fox.

Get the scoop

Cool Listings, Tribeca

41 Warren Street, Tribeca, Outdoor spaces

We can imagine errant children in this worth-every-bit-of-$9.995 million Tribeca duplex penthouse being sent, for punishment, to the room without a terrace. The listing for 41 Warren Street in Tribeca calls it “Parisian perfection” in reference to the authentic Parisian wrought-iron balconies that wrap the apartment’s many terraces; a hat tip to the Scandinavian countries is in order for the wood-paneled sauna. And 3,000 square-feet of chic, subtly luxurious interiors would be worthy of envy under any flag.

Take the tour

Architecture, Financial District, Major Developments, New Developments, Tribeca

Via Silverstein Properties

Right on schedule for a June opening, developer Silverstein Properties took the lead in celebrating on Monday the highly anticipated opening of 3 World Trade Center with a ribbon-cutting ceremony. Led by CEO Larry Silverstein, the morning celebration at 3 World Trade Center at 175 Greenwich Street marked the official completion of four of the five buildings in the new World Trade Center complex. With nearly 40 percent of the building leased on opening day, the 80-floor tower designed by Rogers Stirk Harbour + Partners rises to 1,079 feet.

“Starting with 7 WTC and the rest of the towers that followed, we sought to create modern, environmentally-conscious and technologically-advanced offices,” Larry Silverstein, the chairman of Silverstein Properties, said in a statement. “Places that foster creativity where young people would want to work and collaborate. That meant great architecture and sustainable design, but also improved transportation, a more vibrant streetscape, new shops and restaurants, great public spaces, and exciting and fun public space art.”

Find out more

History, Landmarks Preservation Commission, Policy, Soho, Tribeca

Thaddeus Hyatt, Hyatt Patent Lights, vault lights history, glass sidewalks NYC

Vault lights in Soho, via WooJin Chung for 6sqft

“Viva Vault Lights!” wrote the Historic Districts Council in response to the Landmarks Preservation Commission’s decision to backpedal on its rules amendments, which called for “more oversight by LPC staff but less time for public review” in proposals for alterations to historic buildings. HDC’s celebratory sentiment is in response to one of the now-moot stipulations that Soho and Tribeca’s vault lights–historic, industrial-era sidewalks made from small circular glass bulbs–could be removed by building owners and replaced with modern sidewalks.

Find out about all the other victories

Cool Listings, Tribeca

50 Walker Street, Tribeca, lofts, outdoor spaces, cool listings

This beautifully-designed penthouse loft at 50 Walker Street in Tribeca has a few secrets hidden within its classic loft proportions. The most impressive of the $3.35 million co-op’s features is a massive 1,500-square-foot landscaped roof terrace accessed through a window-wrapped solarium, all with jaw-dropping lower Manhattan views.

Take the tour

Green Design, Landscape Architecture, Tribeca

Rendering via OLIN

The Hudson River Park Trust and landscape architects OLIN have released a fresh set of renderings of the Pier 26 transformation, a project aimed at turning the Tribeca pier into an ecological park. As Curbed NY learned, a portion of the pier will have a wooden deck, with the western end rising up to 15 feet high in order to look at the wetlands. The pier’s eastern side will include a large lawn and an indigenous tree-filled forest. The revamp of Pier 26, projected to cost over $30 million, is scheduled to wrap up in the fall of 2020.

Find out more and see all the renderings

real estate trends, Recent Sales, Tribeca

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.

See the list

Cool Listings, Interiors, Tribeca

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

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