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- Grand Opening of Sleek Bushwick Rental at 1513 Gates Ave; Two-Bedrooms Priced from $2,530/Mo. [link]
- One Month of Free Rent at the James Marquis on West 90th Street [link]
- Two Months Free + $1000 Security Deposits at The Olivia on West 33rd Street [link]
- Lincoln Center’s 48-Story Rental, The Encore, Offering Up to Three Months Free [link]
- Timeless 365 West End Avenue with Massive 4+ Bedroom Apartments Leasing with One Month Free [link]
FREE RENT: A roundup of NYC’s latest rental concessions
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This furnished rental at 527 East 12th Street in the East Village is downright dreamy. The exposed brick has been painted white and the walls are lined with greenery. It’s a studio but has enough space to fit a large bed, couch and office nook. And if you like the decor you’re in luck–this apartment comes fully furnished and it’s now asking $3,200 a month.
The white bed and exposed brick are offset by wood-beamed ceilings, remnants from this prewar apartment building, as well as custom teak furniture. The studio has also been outfitted with some inventive, space-saving storage, like drawers built into the bed and a desk with floor-to-ceiling shelving above it.
The kitchen is surprisingly spacious and boasts some new appliances and white cabinetry that matches the rest of the apartment. It is separated from the rest of the studio by a half wall of storage space–which also serves as a good spot to keep plants.
They’ve even managed to fit a laundry machine into the cozy kitchen! And we can’t say no to more exposed brick and wood beams within this space.
Building residents all have access to a terraced roof deck with views across the East Village. The building itself, located between Avenues A and B, is two blocks away from the L train at First Avenue as well as Tompkins Square Park. If you’ve fallen hard for this building and the lovely studio inside, the rental is being offered as a 12-14 month lease that begins on May 1st.
[Listing: 527 East 12th Street, #F2 by Geoffrey Garcia for Bryan L Rozencwaig, LREB]
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Photos courtesy of Bryan L Rozencwaig, LREBThis furnished rental at 527 East 12th Street in the East Village is downright dreamy. The exposed brick has been painted white ...
Nearly a year ago, the National Academy Museum & School listed their three stunning Carnegie Hill properties for $120 million–two interconnected townhouses at 1083 Fifth Avenue and 3 East 89th Street and a 65-foot-wide school building on East 89th Street. Though the original listing touted the possibility to create an epic, single-family mega-mansion, there have been no takers, and the buildings are now asking a reduced $78.5 million (h/t WSJ). Along with the price chop comes fresh interior images of the townhouses and their palatial layouts, intricate moldings, dripping chandeliers, and regal spiral staircase.
Unlike the first time around, the buildings can now be purchased separately–$29.5 million for each of the townhouses and $19.95 for the school buildings. Together, they offer 54,000 square feet and can still be combined, turned into condos, or kept as a museum/educational facility. As 6sqft previously reported, the school decided to sell its buildings to establish a permanent, unrestricted endowment and gain revenue for a new space.
Located across from the Guggenheim, the two townhouses are connected by a domed rotunda and marble staircase surrounded by Corinthian pilasters.
1083 was built in 1902 by prolific architect Ogden Codman. This Beaux-Arts townhouse boasts a 51-foot oval gallery known as the Adam Room (pictured above), as well as “a deep-hued walnut paneled drawing room, a sitting room decorated with Tudor strapwork ceiling, two master suites, 3 guest bedrooms, 9 staff rooms, an elevator and a Fifth Avenue address.”
In 1913, Codman added the home at 3 East 89th Street as an extension, creating a private residence for major arts patron Archer Milton Huntington and his wife Anna Hyatt, who used the ballrooms to entertain and showcase his impressive sculpture collection. It retains its Neo-Renaissance limestone facade and, according to the listing, “the capacious interiors are lined with original architectural articulation including doric pilasters, a marble oval staircase with cast iron railing, parquet de Versailles wood floors, Rosso Merlino, Hauteville and Belgian black marble flooring, beautiful ceiling moldings and extraordinary ornamental details.”
In the 1940s, Huntington donated the property to the National Academy Museum & School. The following decade, they built the two-story annex to serve as a school. Though the school will remain open until the building sells, the museum closed last June. The institution is currently looking for a new location in Manhattan but might also consider Brooklyn or Queens according to architect Bruce Fowle, the National Academy’s president.
Nearly a year ago, the National Academy Museum & School listed their three stunning Carnegie Hill properties for $120 million–two interconnected townhouses ...
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Photo courtesy of the Greenwich Village Society of Historical Preservation
Deemed by historians as the “single most important document in New York City’s development,” the Commissioners’ Plan of 1811, which planned Manhattan’s famous grid system, turns 204 years old this month. As the Greenwich Village Society for Historic Preservation tells us, the chief surveyor of the plan, John Randel Jr., and city officials signed the final contract on March 22, 1811. The plan, completed at the end of the 19th century, produced 11 major avenues and 155 cross-town streets still used today.
The Commissioners’ Plan, now known as the original Manhattan Street Grid, came in response to huge population growth in Manhattan from 1790 to 1810. As the population nearly tripled, public health issues increased. This, along with limited space available for housing and infrastructure, encouraged city leaders to adopt a new street plan to be developed above Houston Street. Before the grid, the topography of upper Manhattan was described as “a rural area of streams and hills populated by a patchwork of country estates, farms and small houses.”
The new street plan avoided changing the streetscape of Greenwich Village and other downtown areas because most of the city’s population lived above North Street, known as Houston Street today. The plan also avoided constructing through Stuyvesant Street because of its eminence at the time and large amounts of congestion. Today, Stuyvesant Street remains the only compass-tested east-to-west street in Manhattan.
Interestingly, the plan sparked debate among New Yorkers at the time. The author of “Twas the Night before Christmas,” Clement Clarke Moore, protested the plan because it affected the distribution of his own property and also provided no protective measures for the environment. Sadly, the construction of the plan forced over 721 buildings to be razed or moved, destroying a lot of the city’s original architectural and design history.
Photo courtesy of the Greenwich Village Society of Historical Preservation Deemed by historians as the “single most important document in ...
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Signed into law Tuesday, the program dedicates 600 vehicle spaces—300 on-street and 300 off-street—throughout the five boroughs to companies such as ZipCar, Car2Go and Hertz. It is intended to encourage car-sharing in order to reduce the number of privately-owned vehicles in the city, thereby easing pollution and traffic.Signed into law Tuesday, the program dedicates 600 vehicle spaces—300 on-street and 300 off-street—throughout the five boroughs to companies such ...
Why Robert Moses just won’t go away. [NYT] For the third year in a row, NYC’s most popular dog breed ...
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- For the third year in a row, NYC’s most popular dog breed is the French bulldog, followed by Labrador retrievers and standard bulldogs. [amNY]
- The Guardian scrapped plans to move its U.S. headquarters into a Kushner-owned Dumbo building after its reporters revolted. [Buzzfeed]
- This week’s New Yorker cover, “Shelf Life,” imagines NYC neighborhoods as a Manhattan-shaped bookshelf. [Gothamist]
- The first Citywide Ferry boat is officially on its way to New York City, making the 1,700-mile journey from Alabama. [NYCEDC]
Like many cities across the country, New York City’s population is getting older. Today, more than 1.1 million adults over 65, nearly 13 percent of the city’s total population, live in the five boroughs, a number which is expected to rise to over 1.4 million by 2040. In response to both this growth and the Trump administration’s budget cuts to beneficial senior programs like Medicaid and Medicare, City Comptroller Scott Stringer released a new report detailing policies that invest in the city’s seniors (h/t Metro NY).
Stringer’s report lays out solutions for the challenges New Yorkers face who are 65 and older. Currently, more than 40 percent of senior-headed households depend on government programs like Social Security for more than half their income. More than 30 percent depend on these programs for three-quarters of their income. Additionally, more seniors benefit from nutrition assistance programs and Supplemental Security Income than the total city’s population. As reported by the
As reported by the WSJ, President Trump has proposed reducing the corporate tax rate to 15 percent from the current 35 percent, which would slow down the completion of affordable housing projects. For example, the Ingersoll Senior Residences in Fort Greene, which are set to provide 145 affordable units for seniors, faces a significant funding gap.
Policy recommendations in the report focus on creating safe affordable housing by automatically enrolling eligible senior renters in the Senior Citizens Rent Increase exemption program, expanding eligibility for the Senior Citizens Homeowners’ Exemption and developing a program for home renovations with senior-safe installations (non-slip showers, wider doors).
In addition to housing, Stringer says the city should increase the number of age-friendly neighborhoods, make investments in senior centers, and improve public transportation systems for seniors by building additional bus shelters and benches. While the report revealed that New York is ranked the 14th best large metro area for seniors overall, the growth rate puts pressure on the city government to make quick and effective investments in NYC seniors.
“We need to act today–not tomorrow,” Stringer said. “Seniors are the anchors of our communities, and we must ensure they have the support they deserve.” Read Comptroller Stringer’s full report here.
[Via Metro NY]
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Charts via Comptroller Scott Stringer’s officeLike many cities across the country, New York City’s population is getting older. Today, more than 1.1 million adults over ...
Smog covering the Empire State Building. New York, NY, US, November 21, 1953, LIFE Magazine.
Over Thanksgiving weekend in 1966, the layer of smog that hung above New York City killed about 200 people. An estimated 300–405 people died during a two-week smog episode in 1963. In 1953, as many as 260 died from breathing the city’s air over a six-day stretch.
6sqft reported recently on Donald Trump’s proposed budget and subsequent concerns about the impact significant funding cuts to the Environmental Protection Agency totaling $2.6 billion or 31 percent–including staff reductions and program eliminations–might have on the city’s drinking water and air quality. A spokesman for Mayor de Blasio assured us that these federal cuts won’t impact NYC’s high quality water supply. But what about the air?
Smog obscures view of Chrysler Building from Empire State Building, New York City, November 20, 1953.
As recently as 50 years ago, New York City air was so dirty you could touch the grime suspended in it, according to the New York Times: “New York City before the E.P.A. and the movement it represented would be almost unrecognizable in 2017.” In the early 1960s, the city’s air quality was among the nation’s worst. Incinerated garbage rained ash on neighborhood children at play. Coal-fueled power plants belched noxious emissions.
NYC skyline in 1973 (l) and in 2013 (r); image courtesy of Ken McCown via wikimedia commons.
Thanksgiving weekend in 1966 was the smoggiest day in the city’s history, reports Gothamist. And that was only one statistic in the days of the city’s “killer smog.” The Times remembers “the grim air episodes in 1953, 1962 and 1966.” During the smog crisis of 1953, the toxic mix of sulfur dioxide and carbon monoxide–in a word, smog–that blanketed the city caused between 170 and 260 deaths in six days–a similar lethal smog had plagued London in 1962. Ten years later it killed 200 people over a two-week period.
The city’s waterways had fared no better, with untreated sewage constantly being pumped into New York Harbor and companies like General Electric and General Motors regularly draining and leaking chemicals into the Hudson River. In 1965, New York governor Nelson Rockefeller called the section of the river from Troy to the south of Albany “one great septic tank that has been rendered nearly useless for water supply, for swimming, or to support the rich fish life that once abounded there.” Acid rain resulting from power plant emissions blown from hundreds of miles away and under other states’ jurisdiction was destroying aquatic and plant life in the pristine Adirondacks.
President Johnson (seated, right) signing the Air Quality Act of 1967. The series of amendments to the 1963 Clean Air Act was enacted in response to the 1966 smog.
It was the creation in 1970 of the Environmental Protection Agency, the result of a growing national focus on clean air and water in the decade prior, that intervened. The Clean Air Act, greatly expanded in 1970, regulated emissions from factories and cars. Apartment incinerators were given the heave-ho in 1993, and the last municipal incinerator shut down in 1999 (though it’s worth noting that even as recently as 2006, the EPA declared that 68 out of every million New Yorkers was at risk for getting cancer just from inhaling the city’s air).
Today, federal regulatory efforts have, for the most part, stopped the acid rain. Most of the sewage in the Hudson, too, is gone. The federal Clean Water Act gave New York and local governments grants and loans to construct sewage treatment plants. In 2007, the city’s government launched PlaNYC, its first sustainability initiative, with the ambitious goal of achieving the cleanest air quality of any major U.S. city by 2030.
Now, there is concern about the president’s plans to have the agency undo certain regulations and reverse rules that control planet-warming gasses from coal-fired power plants. The Clean Air Act included specific provisions to allow citizens to sue violators or government agencies over environmental issues. If the E.P.A.’s authority continues to be hobbled, the power given to citizens 50 years ago may need to be invoked to prevent the environmental disasters of the same era.
Smog covering the Empire State Building. New York, NY, US, November 21, 1953, LIFE Magazine. Over Thanksgiving weekend in 1966, the ...
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Alexander Hamilton and Aaron Burr may have dueled in Weehawken, New Jersey, but they also both left their mark on Greenwich Village. At the end of the 18th century, Burr began buying up land around Bedford and Downing Streets for his Richmond Hill country estate (a Federal rowhouse here recently hit the market for $5.75 million). Hamilton’s connection is much less glamorous: On July 12, 1804, the day after the duel, he died in the home of his friend William Bayard. According to a plaque on the building, this took place at 82 Jane Street, where a listing for a $3,495/month one-bedroom also backs up the claim. But historians say Bayard actually lived a block north on Horatio Street.
Michael Pollak explained in the Times in 2011 that 82 Jane Street was not actually built until 1886, as reported in Terry Miller’s 1990 book “Greenwich Village and How It Got That Way.” According to Miller, “this hardly mattered to the 1936 owner of 82 Jane Street, who installed this plaque, thereby slipping his building into half a century’s worth of books about the Village.”
So while this apartment may not have the accurate bragging rights to being within Alexander Hamilton’s final residence, it does qualify as a unique piece of NYC history. It also has new hardwood floors, stainless steel appliances, and high ceilings.
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Images courtesy of BrodskyAlexander Hamilton and Aaron Burr may have dueled in Weehawken, New Jersey, but they also both left their mark on ...
For the second year in a row, New York takes the title of the city with the most billionaires in the world. According to Forbes, NYC is home to 82 billionaires with a total combined net worth of just under $400 billion. In last year’s list, the city placed first, but with 79 billionaires and a total net worth of $364.6 billion. Despite gaining a few more wealthy inhabitants, New York’s David Koch (worth $48.3 billion) and Michael Bloomberg still rank as the first and second richest in the city, though last year they were flip-flopped.
Forbes concluded that the number of billionaires spreads further across the globe than ever before. Their list found that 2,043 of the richest individuals span six continents, 71 countries (China, the U.S. and India have the most), and hundreds of cities. Three cities in the United States make the list: New York, San Francisco, and Los Angeles. Find the full list of the top 20 cities with the most billionaires below:
- (1) New York–82 billionaires; $397.9 billion combined net worth
- (2) Hong Kong–75 billionaires; $297.8 billion
- (3) Moscow–73 billionaires; $297 billion
- (4) Beijing–54 billionaires; $161.3 billion
- (5) London–50 billionaires; $217.3 billion
- (6) Mumbai–41 billionaires; $149.1 billion
- (7) Shanghai–40 billionaires; $91.9 billion
- (8) Seoul–37 billionaires; $91.4 billion
- (9) Shenzhen–35 billionaires; $129.4 billion
- (10) San Francisco–32 billionaires; $86.6 billion
- (11) Singapore–25 billionaires; $67.8 billion
- (12) Hangzhou–24 billionaires; $86.6 billion
- (13) Istanbul–23; $39.3 billion
- (13) (Tie) Taipei– 23; $57.1 billion
- (13) (Tie) Tokyo– 23- $81.4 billion
- (16) Sao Paulo– 22; $82.3 billion
- (17) Los Angeles– 21; $74.5 billion
- (18) Paris– 18; $155.4 billion
- (18) (Tie) Bangkok– 18; $60.7 billion
- (20) (Tie) Delhi– 17; $54.7 billion
- (20) (Tie) Guangzhou 17; $56.3 billion
For the second year in a row, New York takes the title of the city with the most billionaires in ...
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It’s not every day a New York City apartment listing invites us to “Sleep safely and quietly with your doors wide open in the summertime,” so we definitely took notice of this top-floor co-op at 135 Hicks Street, located in a historic brownstone in Brooklyn Heights. You’ll have to hoof it up three flights to get to the serenity of this “Zen-like” one-bedroom home, but once you see the terrace, complete with Japanese garden, you’ll be glad you did. Eastern-inspired details include bamboo floors, grasscloth walls, and a rustic slate fireplace, all yours for $799,000.
This peaceful refuge from urban life gets plenty of sunlight in the formal dining room and spacious living room with a wood-burning fireplace. You can actually go out and enjoy the sunlight through doors of sliding glass from either the living room or the bedroom. The roof terrace comes complete with stone statuary and waterfall, wood fencing and perennial plantings “inspired by the Brooklyn Botanic Gardens.”
A renovated kitchen–barely visible through the living room–offers stainless appliances, an undermount sink, marble floors, oak cabinets and huge storage pantry. A renovated marble bath is yet another chill-out space with a Jacuzzi tub and a skylight. Between bedroom and living room you’ll find a spacious dining room for indoor entertaining.
There’s more Eastern inspiration and textures aplenty in the bedroom, where you’ll find brick, wood, bamboo, slate–and the somehow incongruous plushy carpeting. Keep your pad calm and uncluttered with custom closets and storage throughout. The building offers a “clean and dry basement” (which we’ll admit is much better than the alternatives) more storage, and laundry. The apartment has additional roof rights if you need even more serenity.
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Images courtesy of Corcoran GroupIt’s not every day a New York City apartment listing invites us to “Sleep safely and quietly with your doors wide ...
A rendering of 666 Fifth Avenue. Credit: Kushner Companies/Zaha Hadid Architects
As 6sqft previously reported, 666 Fifth Avenue owners Kushner Companies and Vornado Realty Trust have been seeking financing for a new skyscraper planned for the site of the Midtown office tower that Kushner purchased for $1.8 billion in 2007; Chinese company Anbang Insurance Group is said to have been considering a substantial stake in the tower. Though it was reported that the redevelopment could be valued at $7.5 billion, the Wall Street Journal now cites sources who say the value could be as much as $12 billion, and that a reported deal with Anbang may be far from a sure thing. That huge number represents the projected value of what Kushner envisions as a 1,400-foot-tall mixed-use luxury tower with a design provided by the late Zaha Hadid in 2015, nine floors of retail, a hotel and big-ticket luxury condos on its upper floors.
Before stepping down as CEO of his family’s company to serve as an official advisor to his father-in-law, President Donald Trump, Jared Kushner is reported to have helped set up talks with Anbang, who bought the Waldorf Astoria in late 2014 for nearly $2 billion. Sources say that while the company is in “advanced talks to provide as much as half of the $2.5 billion in equity for the planned redevelopment,” there are concerns over a conflict of interest around Jared Kushner’s White House role: “Contrary to recent reports, Anbang has no investment in 666 Fifth Avenue,” an Anbang spokesman told the Wall Street Journal. “Any suggestion that Anbang has signed a contract or made any kind of financial commitment is inaccurate.” A decision on the matter may come as early as this week.
Regarding conflict-of-interest claims, a Kushner Cos. spokesperson said Jared sold his ownership stake in 666 Fifth Avenue to a family-operated trust; a White House spokesperson said he would recuse himself from “any matter where his impartiality could be reasonably questioned,” including a determination on EB-5, which in this case is seeking $850 million in funds for the condo conversion. Ethical issues remain, though, not least of which is the fact that Anbang is closely tied to the Chinese government, highlighted by the fact that Anbang chairman Wu Xiaohui is married to the granddaughter of past paramount leader Deng Xiaoping.
Should the Anbang investment be off the table, Kushner says it will still forge ahead with the ambitious plans for the building situated between 52nd and 53rd streets on Fifth Avenue. “Extensive negotiations are under way between Kushner Cos., its partners on the building, potential investors, lenders and tenants who would have to move for the project to happen,” the Wall Street Journal reports.
Details on the developer’s vision for the new tower, which could take until 2025 to complete, include a complete rebuild that involves tearing out the current tower’s steel frame and giving the building 40 more floors. Current zoning allows the construction of a 1.45 million-square-foot tower as-of-right, meaning the project wouldn’t have to wend its way through a series of city approvals.
Renderings for the design by the late Zaha Hadid show a 1,400-foot skyscraper that’s definitely a departure from Midtown’s big-shouldered 20th-century towers. The “Burj Kushner’s” lower nine floors would offer retail (four times the amount in the current building), dining and entertainment; the building would also harbor an 11-story hotel and 464,000 square feet of residential space. The considerable increase in height and of the building’s retail potential are what leads Kushner Cos. to think it could be worth as much as $12 billion.
About that residential space: Though according to The Real Deal, Kushner Cos. said they expect condos to sell for around $6,000 a square foot (to compare, 432 Park Avenue has seen 33 past sales that averaged $7,774 per square foot), even to reach the $7.2 billion number, units would have to sell for at least $9,000 a square foot, an unprecedented number even on Billionaire’s Row.
If the Kushners proceed with the $12 billion plan, they’ll retain a 20 percent stake when the building is complete, with demo starting as soon as 2019. In addition to finding investors, Kushner Cos. will have to buy the stake owned by partner Vornado Realty Trust, who also owns most of the building’s retail space. They’ll also have to buy out all of the building’s current tenants and refinance $1.15 billion in outstanding debt.
The building would also be partially stripped of its steel frame to accommodate the new construction, and in its new incarnation, the tower would bear the name 660 Fifth Avenue. It might be worth noting, though, that in Chinese culture, the number 666 means good luck.
A rendering of 666 Fifth Avenue. Credit: Kushner Companies/Zaha Hadid Architects As 6sqft previously reported, 666 Fifth Avenue owners Kushner ...
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Living in cramped New York quarters requires a specific approach to spatial planning that favors efficiency and functionality. In this previously dark uptown apartment with limited square footage, Russian Architect Peter Kostelov created a spacious, multi-functional home by combining a semi-open floorplan with a series of tucked-away furniture that can easily be pulled out or put away depending on which “room” the residents need.
The previous layout of this included two bedrooms, a living room, bathroom, and kitchen, each room separated from the other, preventing natural light from permeating throughout. Kostelov’s new layout was designed to open up the space and maximize functionality. “The main aim of the project is a concept of effortless transformation,” said the architect. “For example, a living room can easily be transformed into a dining room, while a working studio turns into a guest bedroom in no time.”
The studio/bedroom is located at the center of the apartment and is mostly made up of wood panels that were used to construct the walls, elevate the floor, and lower the ceiling. Pull-out furniture and clever storage solutions are located throughout the space including a sliding bed, table and benches.
The kitchen, dining room and living room are situated in front of the bedrooms, and the kitchen’s design utilizes folding wooden shelves that can be used as a breakfast table or additional counter space.
The master bedroom, third bedroom, and bathroom can all be accessed via the entry corridor. Each room is outfitted with built-in storage, and both the bathroom and kitchen are adorned with stylish graphic tiling.
When redesigning the apartment’s layout the rooms were strategically placed to help minimize potentially disruptive sound heard from the busy New York streets. “The main bedroom was relocated to the west side, so that street noise would not bother the sleeping tenants,” he said. “As a result, the living room facing the main street gets more daylight and better natural ventilation.”
See more work from Peter Kostelov here.
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Peter Kostelov transforms a dark uptown apartment into a multifunctional home with sliding furnitureLiving in cramped New York quarters requires a specific approach to spatial planning that favors efficiency and functionality. In this ...
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