Real Estate Trends

New renderings reveal amenities at Eliot Spitzer’s Williamsburg-waterfront development

Renderings courtesy of Citi Habitats New Developments

June 25, 2019

New renderings reveal amenities at Eliot Spitzer’s Williamsburg-waterfront development

New renderings of 420 Kent Avenue, the Williamsburg waterfront development located just south of the Williamsburg Bridge, offer a first peek at the building’s amenity package as the project enters its final phase of construction. Set to open for leasing in August, residents will have access to more than 25,000 square feet of indoor amenities, in addition to 80,000 square feet of outdoor space—including an outdoor pool and a 400-foot-long waterfront esplanade—and 20,000 square feet of retail space. The development’s public esplanade will link the entire Brooklyn waterfront and is set to officially open on July 4th—just in time to give Williamsburg residents a front-row seat to the Macy’s Fireworks Show on the East River.
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Jennifer Lopez and A-Rod find a buyer for their short-lived 432 Park pad

432 via DBOX; Alex Rodriguez via Wiki Commons; Jennifer Lopez via Wiki Commons

June 19, 2019

Jennifer Lopez and A-Rod find a buyer for their short-lived 432 Park pad

By Annie Doge

Newly engaged couple Jennifer Lopez and Alex Rodriguez have found a buyer for their sky-high Midtown apartment, the New York Post reported Tuesday. The duo listed their pad at 432 Park Avenue--the tallest residential building in the Western Hemisphere--for $17.5 million in January, less than a year after they bought the three-bedroom apartment. It remains unclear who the buyer is and how much they ultimately paid.
Details here

Dumbo celebration marks the 10th anniversary of the iconic Archway’s public life

The Brooklyn Flea under the Archway. Photo: Noemie Trusty, courtesy of Dumbo Improvement District.

June 18, 2019

Dumbo celebration marks the 10th anniversary of the iconic Archway’s public life

By Michelle Cohen

On Friday, June 21, Brooklyn's Dumbo neighborhood will be celebrating the 10th anniversary of the Archway under the Manhattan Bridge–the "UMBO" of Dumbo (Down Under the Manhattan Bridge Overpass), so to speak. The Archway–one of the only covered outdoor spaces in New York City—has for the past decade served as the neighborhood's town square, giving hundreds of thousands of residents and visitors a prime public place for large-scale events, community gatherings, film shoots, art exhibitions and local start-up events. In celebration, expect food, music and visual arts exhibitions befitting a neighborhood with Dumbo's unique creative history.
Ahead, a transformation

VIDEO: See the city’s highest rooftop pool get lifted 680 feet atop supertall Brooklyn Point

Rendering courtesy of Williams New York/Extell

June 14, 2019

VIDEO: See the city’s highest rooftop pool get lifted 680 feet atop supertall Brooklyn Point

By Devin Gannon

The tallest residential building in Brooklyn was crowned this week with the highest infinity pool in the Western Hemisphere. A video released by Extell shows a 27-foot-long pool being hoisted 680 feet in the air, taking its place atop Brooklyn Point. The 68-story tower, designed by Kohn Pedersen Fox, topped out in April and sits as part of the Downtown Brooklyn development City Point.
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Renderings reveal Madison Place, new 800-foot condo tower in Nomad

Rendering courtesy of DBOX

June 11, 2019

Renderings reveal Madison Place, new 800-foot condo tower in Nomad

By Alexandra Alexa

The anticipated 805-foot condo tower currently rising in Nomad at 15 East 30th Street—dubbed Madison House—has just unveiled a teaser website and new renderings to give us a peek of the project, inside and out. The 62-story building was designed by Handel Architects, and Gachot Studios will be helming the interior design. Having already topped out, sales are expected to launch in September, including a range of one-, two-, three- and four-bedroom residences and an expansive duplex penthouse with a private terrace and elevator entry.
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Waldorf Astoria condos will launch sales in the fall

Photo by James and Karla Murray exclusively for 6sqft.

June 11, 2019

Waldorf Astoria condos will launch sales in the fall

By Michelle Cohen

The redeveloped Waldorf Astoria residences have a new teaser website, and according to an announcement by the historic hotel's owner, Beijing-based Anbang Insurance Group Co., the new condos will be called The Towers of the Waldorf Astoria. The Wall Street Journal reports that sales of 375 private residences at the storied hotel will begin in the fall.
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Jeff Bezos scoops up three Flatiron apartments for a record-setting $80M

Rendering of 212 Fifth Avenue by Visualhouse; Photo of Jeff Bezos via Wiki Commons

June 4, 2019

Jeff Bezos scoops up three Flatiron apartments for a record-setting $80M

By Alexandra Alexa

The Wall Street Journal reported today that Amazon Chief Executive Jeff Bezos is closing on three apartments at 212 Fifth Avenue, next to Madison Square Park. Bezos is scooping up a penthouse and two units that are right under it for approximately $80 million, though the precise numbers haven’t been made public yet. Combined, the apartments add up to over 17,000 square feet. The deal is reportedly the largest to ever close in New York south of 42nd Street, and the second largest deal of the year, second to Ken Griffin’s now-infamous $240 million penthouse at 220 Central Park South.
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Jeanne Gang’s first residential tower in NYC tops out in Downtown Brooklyn

Images courtesy of Studio Gang

June 4, 2019

Jeanne Gang’s first residential tower in NYC tops out in Downtown Brooklyn

By Devin Gannon

The first residential tower in New York City designed by Jeanne Gang's Studio Gang topped out this week in Downtown Brooklyn. Reaching 620 feet tall, 11 Hoyt Street will offer 481 condos, an elevated park, and 55,000 square feet of amenities. Sales launched at the Tishman Speyer-developed building last September, with prices ranging from $690,000 for studios to about $3.5 million for a four-bedroom. Hill West Architects served as the architect of record for the project.
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Parker Posey picks up a cozy Chelsea co-op for $1.5M

Listing photo courtesy of Douglas Elliman; Photo of Parker Posey via Wiki Commons

May 31, 2019

Parker Posey picks up a cozy Chelsea co-op for $1.5M

By Annie Doge

Parker Posey certainly has good taste in real estate. She first landed on our apartment-porn radar for her chic East Village apartment, which she bought back in 2008. (The home is now owned by actor Alexander Skarsgärd.) She then dropped $1.35 million on a slightly more classic co-op in Greenwich Village. After personally modeling in the listing photos, she unloaded this apartment in 2016. We're not sure where she's been for the past three years, but as of this week, she is a proud new Chelsea resident. According to the Post, Posey dropped $1.5 million on this super-cute and character-filled duplex at 365 West 19th Street. Not only does it have charming details like a wood-burning brick fireplace and huge half-moon window, but there's a private roof deck.
Have a looksie

Photo by Laurian Ghinitoiu.

May 30, 2019

See new views of OMA’s first NYC building, with ‘prismatic’ details

By Michelle Cohen

The new L-shaped residential building at 121 East 22nd Street represents Rem Koolhaas's architecture firm OMA's first ground-up Manhattan project; developers Toll Brothers City Living have released new photos of the eye-catching structure on the border between the Gramercy and Madison Square Park neighborhoods, highlighting its unique design. The new condominium residence is comprised of two blocks that straddle an existing tower, the 11-story School of the Future, constructed in 1915. The building's north tower has two interlocking planes that meet to form a distinct, three-dimensional corner. The 13-story south tower features an "undulating grid of punched windows" overlooking 22nd Street.
More views this way

Google’s Chelsea takeover continues as it picks up another property in the neighborhood

By Devin Gannon

Google on Wednesday picked up a 325,000-square-foot building in Chelsea, adding to its ever-growing footprint in the Manhattan neighborhood. According to the Financial Times, the company bought the building at 450 West 15th Street from Jamestown Properties for $600 million. In addition to its headquarters at 111 Eighth Avenue, Google owns the apartment buildings across the street and the Chelsea Market building, which it bought last year for $2.5 billion. And the company will serve as the primary tenant at Pier 57, a mixed-use development on the Hudson River.
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Real Estate Trends

Raising chickens in NYC: Laws, tips, and everything else you need to know

Image by furtwangl / Flickr

May 22, 2019

Raising chickens in NYC: Laws, tips, and everything else you need to know

By Cait Etherington

6sqft’s ongoing series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. This week, we cover everything you need to consider when raising chickens in the city. In a city where simply finding a balcony large enough for a pot of basil can be a challenge, one may be surprised to discover that chicken coops can be found across all five boroughs. Chickens were once primarily kept by older city residents, including many who come from places in the world where a backyard supply of fresh eggs is taken for granted. More recently, everyone from Park Slope housewives to Bushwick hipsters appears to be embracing the backyard chicken craze.
More on Raising City Chickens

Williamsburg’s tallest tower tops out at Domino Sugar Factory development

Photo by Max Touhey

May 21, 2019

Williamsburg’s tallest tower tops out at Domino Sugar Factory development

By Devin Gannon

Williamsburg officially has a new tallest tower. One South First, formerly 260 Kent Avenue, topped out this week at the Domino Sugar Factory redevelopment along the waterfront. Designed by COOKFOX Architects, the 435-foot-tall tower features two interlocking buildings with white precast concrete facades inspired by the molecular pattern and forms of sugar crystals, a reference to the former factory site.
Domino details here

May 21, 2019

Rockefeller Center developer reveals new Art Deco views of its first residential tower in Nomad

By Dana Schulz

In March, Rockefeller Group, the famous developers behind their eponymous Rockefeller Center, announced that they'd be building their first residential project in their 90-year history. Dubbed Rose Hill for the historic area that once occupied today's Nomad, the 600-foot tower at 30 East 29th Street is a uniquely modern interpretation of the Art Deco style. Now we have an even better look at this striking bronze facade, as well as the expansive amenity spaces and luxury condo interiors. The new views coincide with sales launching; prices will start at $1.195 million for a studio.
More details and renderings this way

May 20, 2019

Audible opens new offices at a restored historic cathedral in Newark

By Devin Gannon

Audible, the audiobook company owned by Amazon, opened new offices on Friday in a restored historic cathedral in Newark. The company, which has been located in New Jersey's largest city since 2007, restored an 80,000-square-foot 1913 church and modernized it with open workspace, a four-lane bowling alley, and cafes. Dubbed the Innovation Cathedral, the new offices on Washington Street will hold 400 employees.
See the space

Office terrace at 145 Delancey Street; renderings courtesy of Moso Studio

May 14, 2019

Essex Crossing reveals new renderings of trendy office space

By Dana Schulz

If you're looking to attract top talent these days, you better have an office outfit with the amenities to lure a millennial. So it comes as no surprise that Essex Crossing developer Taconic Investment Partners has begun to market its 350,000 square feet of office space just days after the new Essex Street Market opened and a few weeks after a Regal theater opened. The office space is split evenly between two mixed-use buildings at the complex, 145 and 155 Delancey Street. According to a press release, "A worker at Essex Crossing will have direct access to one of the largest marketplaces in the world, indoor gardens, a 14-screen movie theater and four subway lines – all within one complex."
Check out more renderings here

Real Estate Trends

Renderings courtesy of Binyan Studios

May 13, 2019

FXCollaborative’s skinny FiDi school-condo tower reveals new looks and launches sales

By Alexandra Alexa

Sales at Trinity Place Holding’s new condominium tower at 77 Greenwich Street have officially launched, and a new batch of renderings are offering us a look inside the elegant residences. Designed by FXCollaborative, the 42-story high-rise will comprise 90 residential units on top of a new public elementary school. Though it hasn’t topped out yet, the finished building will hit 500 feet in height. The residences begin on the 15th floor and will feature sprawling river views with prices starting at $1,780,000 for a one-bedroom unit.
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Christie Brinkley finally sells her $18M Sag Harbor vacation home

Listing images courtesy of Douglas Elliman; photo of Christie Brinkley via Wiki Commons

May 8, 2019

Christie Brinkley finally sells her $18M Sag Harbor vacation home

By Annie Doge

Christie Brinkley’s idyllic Sag Harbor home officially has a new owner. The sale closed this week for just under the final asking price of $17,990,000, though the precise amount has yet to be confirmed. The supermodel bought the five-bedroom residence in 2004 for $7,150,000 and first listed it back in 2010. As 6sqft previously reported, the 5,500-square-foot property sought its highest asking price in 2016—a cool $25,000,000 with Enzo Morabito of Douglas Elliman. The price tag was lowered incrementally until it hit $17,999,000 last summer, as Brinkley continued to search for the right buyer.
Take a peek inside

Proposed project from Vornado and Rudin calls for 1,450-foot tower in Midtown East

Via Vornado Realty Trust and Rudin Management Company

May 6, 2019

Proposed project from Vornado and Rudin calls for 1,450-foot tower in Midtown East

By Devin Gannon

A tentative joint venture between two developers could bring another supertall to Midtown East. Vornado Realty Trust and Rudin Management Company may team up to develop a 1,450-foot office tower at 350 Park Avenue, the Real Deal reported Friday. A leaked brochure for the potential project includes renderings of the proposed tower, revealing a glassy building with a series of setbacks that would allow for outdoor terraces and floorplates of various sizes.
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Real Estate Trends

May 2, 2019

Skyline Tower, Queens’ tallest building, launches first sales

By Alexandra Alexa

Queens’ Skyline Tower has launched its first 20 listings, providing a glimpse of what we can expect when the official sales gallery opens up later this spring (h/t Curbed). In addition to taking the title of 6sqft’s 2018 Building of the Year, the 67-story building caused a stir last year for its notable height—it will be the tallest in the borough—and proximity to Amazon’s planned HQ in Long Island City, leading to a record-breaking $1 billion sellout. When complete, the Hill West Architects-designed, 778-foot-tall tower will house 802 condos. The 20 live listings include studio- to three-bedroom units, ranging in price from $660,400 for a studio to $2,325,610 for a three-bedroom with outdoor space.
More info

May 2, 2019

New photos of ODA’s Bushwick rental highlight its sloping, sunset-hued facade

By Devin Gannon

While architecture firm ODA's sunset-hued rental in Bushwick topped out almost two years ago, recently released photos of the block-long building reveal a new level of uniqueness. Dubbed the Rheingold, part of the development of the former brewery site, 10 Montieth Street boasts one of the most distinct facades in the city, with a sloping rooftop, cascading terraces, and window frames in a pattern of yellow, orange, and red (h/t Dezeen). The seven-story building contains 500 studio, one-, and two-bedroom residences, which first hit the rental market last August.
See it here

Rockefeller Center office tower will be converted into Airbnb rentals

75 Rockefeller Plaza via Google Street View

April 29, 2019

Rockefeller Center office tower will be converted into Airbnb rentals

By Devin Gannon

Ten floors of an office tower in Rockefeller Center will be converted into short-term rentals, the Wall Street Journal reported on Sunday. RXR Realty, which has leased the tower at 75 Rockefeller Plaza since 2012, has partnered with Airbnb to transform a portion of the 87-year-old building into roughly 200 units of high-end lodging. In a press release, RXR CEO Scott Rechler described the new venture as a "travel experience that immerses guests in a dynamic, thriving community in the heart of Rockefeller Center that's vastly different than anything else in the market today."
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With loan secured, Brooklyn’s tallest skyscraper is finally ready to rise

Rendering courtesy of SHoP Architects/JDS Development

April 24, 2019

With loan secured, Brooklyn’s tallest skyscraper is finally ready to rise

By Devin Gannon

The on-again, off-again construction of a Brooklyn skyscraper got a major push forward Tuesday. The Wall Street Journal reported that 9 DeKalb Avenue's developer Michael Stern of JDS Development has acquired a more than $664 million loan package to fund the development of the skyscraper. While the plan was first approved by the Landmarks Preservation Commission three years ago, lack of financing and a change of developers stalled the project. Expected to reach 1,066 feet high upon completion, the SHoP Architects-designed tower will become the borough's tallest.
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Pacific Park construction accelerates with groundbreaking at tallest tower

Rendering courtesy of Greenland Forest City Partners

April 23, 2019

Pacific Park construction accelerates with groundbreaking at tallest tower

By Alexandra Alexa

Long in the works, construction at the Pacific Park complex in Brooklyn is set to ramp up after Greenland Forest City Partners announced a partnership with the Brodsky Organization to develop 18 Sixth Avenue. Designed by Perkins Eastman, the building will exceed 500 feet and become the tallest in Pacific Park. As 6sqft previously reported, Brodsky was also tapped for another apartment building in the complex at 664 Pacific Street, which will also include public space and a school. Groundbreaking at both sites is set to take place within the next two weeks.
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