Midtown West

Two years since the plan’s approval by the LPC, the redevelopment of the historic Palace Theatre at 1568 Broadway is nearly ready to take off. The theater will be raised 29 feet above its current level, making room for 70,000 square feet of new retail and entertainment space. With help earlier this month from L&L Holding Company, who became an equity and development partner, the ambitious project continues to progress; as CityRealty discovered, new renderings show the theater enveloped by an expanded Doubletree Guest Suites hotel, a new glass facade, and a sweeping LED screen at its podium. And though the gilded Beaux-Arts interiors will be preserved (they're interior landmarks), some preservationists have expressed concerns that moving the actual structure is a bit too aggressive.
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August 22, 2017

90 apartments up for grabs at Extell’s 555Ten in Hudson Yards from $613/month

Applications are currently being accepted for the second phase of affordable apartments at 555 Tenth Avenue and 41st Street in booming Hudson Yards on Manhttan's West Side. Extell Development’s luxurious 610-foot-tall, the mixed-use tower includes 56 stories and spans 725,000 square feet. The amenities seem endless, with residential access to the building’s 24-hour fitness center with a yoga studio, indoor pool, outdoor rooftop pool, outdoor landscaped space, a bowling alley and a putting green. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from $613 per month studios to $2,875 three-bedrooms.
Find out if you qualify

Affordable Housing

MTA will ‘modify’ Times Square subway mosaics that resemble the Confederate flag

Image via Wiki Commons

August 18, 2017

MTA will ‘modify’ Times Square subway mosaics that resemble the Confederate flag

The day after Mayor de Blasio and Governor Cuomo announced plans to review and remove controversial public Confederate structures and markers throughout the city, the MTA says it will do the same. Well, sort of. Over 90 years ago, station architect Squire J. Vickers installed mosaics resembling the Confederate flag at the 40th Street entrance for the 1, 2, 3 trains to honor early New York Times owner and publisher Adolph S. Ochs, who had "strong ties to the Confederacy" and was buried with a Confederate flag when he died in 1935. But yesterday, MTA spokesperson Kevin Ortiz told Gothamist, "These are not confederate flags, it is a design based on geometric forms that represent the 'Crossroads of the World' and to avoid absolutely any confusion we will modify them to make that absolutely crystal clear."
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Cuomo releases new renderings of Moynihan Station as major construction gets underway

Iage via the office of the Governor

August 17, 2017

Cuomo releases new renderings of Moynihan Station as major construction gets underway

At a press conference this morning in the under-construction space, Governor Cuomo announced that major work has begun on transforming the James A. Farley Building into the state-of-the-art, 225,000-square-foot Moynihan Train Hall. Along with the news that the $1.6 billion project will create 12,000+ construction jobs and 2,500 permanent jobs, come new renderings of the station, showing more exterior views and looks at the 700,000-square-foot shopping and dining concourse.
All the renderings and more details this way

Bus station beneath Javits Center proposed in new plan to fix cross-Hudson commuter hell

Image via Office of Gov. Cuomo depicting the Javits’ upcoming expansion

August 17, 2017

Bus station beneath Javits Center proposed in new plan to fix cross-Hudson commuter hell

As the "summer of hell" days of emergency repairs to Penn Station's rail system roll by, the Regional Plan Association, a nonprofit transportation advocacy group, is intent on tackling the transit system's biggest messes; specifically, the association warned that “public transportation across the Hudson River is in crisis,” and is in the process of updating its regional plan to address that issue and other transportation snarls. Among the group's suggestions: building a terminal for intercity buses underneath the Jacob K. Javits center on Manhattan's West Side, the New York Times reports.
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August 16, 2017

Live at the legendary Osborne on Billionaires’ Row for just $399K

Share a gorgeous lobby with the rich and famous at the iconic Osborne at 205 West 57th Street. Yes, you’re seeing that right, the Billionaires’ Row address has a notable vacancy: This one-bedroom lobby-level co-op is asking just $399,000. That may sound more like a stingy holiday tip for residents of nearby trophy towers like One57, but it gets you a classic Midtown West address shared by celebrities current and past including Jessica Chastain, former Knicks president Phil Jackson, and Leonard Bernstein.
Find out more about this rare find

Distinctive Homes

August 11, 2017

$1.3M West Side duplex with a greenhouse and a double-decker roof is a gardener’s dream

If you've got a green thumb–or you just like a stroll in the garden--this unusual duplex co-op at 361 West 30th Street in Midtown West is a dream come true. Though it's situated near the northern entrance to the High Line on a lovely tree-lined block, there's enough greenery and outdoor infrastructure just out the door of this convertible-two-bedroom home to keep a park fanatic busy.
Take a walk down the garden path

Distinctive Homes

Bjarke Ingels’ VIA offering 36 middle-income affordable apartments, from $1,448 a month

Photograph © Danica O. Kus

August 11, 2017

Bjarke Ingels’ VIA offering 36 middle-income affordable apartments, from $1,448 a month

In October of 2015, 6sqft reported that applications were being accepted for the 142 affordable apartments set aside for low-income tenants at the tantalizing tetrahedron that is starchitect Bjarke Ingels' VIA 57 West, a newly-minted rental residence at 625 West 57th Street. Word comes today that the lottery has opened for the middle-income portion of the building's affordable housing inventory. The half-block-long residential development contains 709 units, of which 20 percent have been deemed affordable. Of the 36 middle-income units available, studios have been priced between $1,448-$1,949; $1,554-$2,091 for one-bedrooms; $2,089-$2,519 for two-bedrooms; and $2,902 for three-bedrooms, each adjusted for income.
complete details here

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

A rendering of One Hudson Yards, designed by renowned architecture firm Davis Brody Bond. (Image via onehudsonyards.com/Related)

August 7, 2017

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

The new luxury rental residences at One Hudson Yards at 530 West 30th Street, part of Manhattan's largest new mixed-use development, have begun leasing for the 30-story building's 178 apartments which range from one to three bedrooms (and one four-bedroom penthouse) according to a press release from Related Companies. The building's architecture is by Davis Brody Bond; interiors are by Andre Kikoski, who also designed the building's peerless collection of luxury amenities. Of particular note are extra-tall windows set into a modern curtain wall façade that offer breathtaking views of out over the Hudson River, the surrounding West Chelsea neighborhood and all of Downtown Manhattan–as well as Heatherwick Studios’ "Vessel" sculpture.
Find out more details

A giant, undulating 3-D billboard will debut in Times Square this month

Image via Radius Displays

August 3, 2017

A giant, undulating 3-D billboard will debut in Times Square this month

By Diane Pham

Real New Yorkers will do anything they can to avoid the chaos of Times Square, but debuting in less than a week is a technological marvel that might draw even the most Midtown-adverse out of their Uptown or Downtown havens. As CityRealty first reports, Radius Displays, a leading digital sign producer, has plans to introduce a massive 3-D video display in the ad-drenched stretch this month. The billboard, which they are billing as "unlike anything else in Times Square, or indeed the world,” will not only span an impressive 2,600-square-feet but be made up of thousands of individual panels capable of creating mind-boggling Inception-like effects.
more details here

July 31, 2017

Pre-war penthouse with a water tower atop its terrace asks $2.5M in Midtown West

By Emily Nonko

Now that we're in the dog days of summer, nothing looks more appealing than a spacious, well-designed roof deck that just happens to have a water tower perched above it. That's the case at this Midtown West condo at 40 West 55th Street, now on the market for $2.5 million. The one-bedroom penthouse is literally surrounded on four sides by an outdoor space lined with greenery. Inside, a skylight and southern, western and northern exposures that look out onto the lush terrace result in a modern, bright interior.
Go inside the apartment

Distinctive Homes

July 19, 2017

New York State gets approved for $550M loan for new Moynihan Station

The first phase of Governor Cuomo’s plan to revamp Penn Station wrapped up last month with two new entrances opening on the corners of West 31st and West 33rd Streets and Eighth Avenue. Plus, the West End Concourse was expanded and now boasts a new color scheme, LED screens and murals. Adding to the project's progress, the state was approved for a federal loan on Tuesday for up to $550 million for the second phase of the plan, which will convert the Farley Post Office across the street into Moynihan Train Hall, expanding Penn Station floor space by 50 percent, as reported by Politico NY.
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Tenant holdout snarls developer’s plan to build Billionaire’s Row tower

Image via Google Street View

July 5, 2017

Tenant holdout snarls developer’s plan to build Billionaire’s Row tower

Image via Google Street View With a legendary tenants' rights lawyer on board, a longtime leaseholder is standing fast against a developer's 'dream tower' plans, claiming their business has a valid lease and is being wrongfully evicted, according to the New York Times. Irving and Samuel Morano, the antiques dealers who own Metropolitan Fine Arts and Antiques, are the largest remaining tenant at 10 West 57th Street, a prime location opposite Bergdorf Goodman. 89-year-old developer Sheldon Solow has been amassing properties along the "Billionaire's Row" strip, where the Solow Building, his office tower at 9 West 57th Street stands, since 1977. With grand plans in place to erect a sleek Skidmore Owings & Merrill-designed 54-story hotel and condominium tower, Solow has evicted tenants, erected scaffolding and started demolition on one of the properties along the strip.
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New Developments

June 16, 2017

Construction to finally begin on the new Penn Station – see new renderings!

Just a day after Penn Station‘s long-awaited West End Concourse revealed itself to the public, for the first time allowing Amtrak, Long Island Rail Road, and NJ Transit passengers to enter and board trains through the historic James A. Farley Post Office across 8th Avenue, Governor Cuomo has announced that Empire State Development signed the final financial agreement with Related Companies, Vornado Realty LP, and Skanska AB for the $1.6 billion Penn-Farley Complex. After decades of delays, construction will now begin to transform the historic post office into the Moynihan Train Hall, a new 255,000-square-foot train hall housing both Amtrak and LIRR ticketing and waiting areas, as well as 70,000 square feet of new commercial, retail, and dining space. But a development announcement from the Governor is never complete without a fresh set of renderings, and Cuomo did not disappoint this time.
All the renderings and details ahead

June 15, 2017

FIRST LOOK: See inside Penn Station’s brand new West End Concourse

As of today, Penn Station's long-awaited West End Concourse--the first tangible step towards Governor Cuomo's ambitious plan to transform the James A. Farley Post Office into the new Moynihan Train Hall--is open for business, for the first time allowing Amtrak, Long Island Rail Road, and NJ Transit passengers to enter and board trains through the historic building across 8th Avenue. In addition to landscaped entryways, the sparkling new concourse is chock full of LED screens, artwork, and, in true Cuomo fashion, bright, open, and high-tech spaces.
Take the full tour

June 1, 2017

MoMA reveals final design for $400M expansion

The Museum of Modern Art revealed on Thursday its final design for its $400 million renovation project, which calls for more space and a chronological and thematic approach to its exhibitions. In addition to the expansion of gallery and public spaces, the museum plans to feature more work of minority and female artists. Architecture firms Diller Scofidio + Renfro and Gensler have collaborated on the design, and the overall expansion will provide 50,000 square feet of new gallery space. The renovation is expected to wrap in 2019.
Check out MoMA's makeover

May 24, 2017

First look at CetraRuddy’s proposed hotel-apartment tower for Hudson Yards

Back in September, the developer Joseph Chetrit filed plans to build a 48-floor mixed-use tower with 421 hotel rooms and 135 residential units in the Hudson Yards neighborhood. Now, the wait is over as renderings of Chetrit Group’s proposed tower at 541-545 West 37th Street have officially been revealed. As CityRealty learned, CetraRuddy Architecture is designing the high-tech skyscraper, which is expected to rise 622 feet and overlook the future Hudson Boulevard Park. The building will span 621,000 square feet and include exhibition, retail, hotel and residential spaces.
More details and renderings

The Shed via Wikipedia

May 24, 2017

Michael Bloomberg gives $75 million to Hudson Yards arts center The Shed

Michael R. Bloomberg has added a $75 million contribution to what the New York Times calls "New York's first new cultural institution in recent memory," the arts center known as The Shed, part of the new Hudson Yards development on Manhattan's far west side. The former mayor's gift brings the total raised for the project to $421 million of its $500 million capital campaign. The new arts center has gotten much of its funding from a small group of billionaires that includes Related Companies' Stephen M. Ross and media mogul Barry Diller. Set for completion in 2019, the eight-level structure, designed by Diller Scofidio & Renfro in partnership with the Rockwell Group, will host performances, concerts, visual art, music and other events.
A 'tool kit for artists'

Image via Alan Bloom/Flickr

May 24, 2017

Governor Cuomo and the MTA announce a competition to fix the NYC subway system

Image via Alan Bloom/Flickr Seeking innovative solutions to fix the mess that is the New York City transit system, Governor Cuomo on Tuesday launched a competition called the “MTA Genius Transit Challenge.” Just one of the governor’s recently proposed ideas to fix the subway, the international competition challenges participants to develop ideas for better signaling, new car designs, and WiFi throughout the system, including in tunnels. The winner of each category will receive $1 million and a possible contract deal with the state. In addition to the challenge, Cuomo announced he has created a Penn Station Task Force to devise alternative transportation solutions during Amtrak’s track work at the station this summer.
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May 18, 2017

Mets pitcher Noah Syndergaard renting at Midtown’s swanky MiMA tower

By Annie Doge

The Mets’ powerhouse pitcher Noah Syndergaard is renting a posh two-bedroom apartment at Manhattan View at MiMA while recovering from a partially torn lat muscle, according to the Post. The star player, admirably known as “Thor” because of his long locks, lives with his girlfriend Alexandra Cooper and fellow Mets pitcher Robert Gsellman in the rental at 460 West 42nd Street, which was designed by Arquitectonica and boasts views of the Hudson River, George Washington Bridge, Columbus Circle and Central Park. Though there aren't details on his specific unit, two-bedroom rentals start at around $6,000 a month.
See inside the units at MiMA

Celebrities

Finance firms in talks to move to Vornado’s proposed Hotel Pennsylvania-replacing supertall

A rendering of the Pelli Clarke Pelli design for 15 Penn Plaza, courtesy of Vornado

May 10, 2017

Finance firms in talks to move to Vornado’s proposed Hotel Pennsylvania-replacing supertall

Plans to replace the century-old Hotel Pennsylvania with a 1,216-foot office building have surfaced again. Financial firms Morgan Stanley and Deutsche Bank are reportedly contemplating a move to Vornado Realty Trust’s planned supertall skyscraper, 15 Penn Plaza, according to the Post. Vornado first won the city’s approval in 2007 to build a supertall at the location of Hotel Pennsylvania on Seventh Avenue and nearly signed a deal with Merrill Lynch to be a tenant until the financial crisis dissolved the agreement. This design, by Pelli Clarke Pelli, is being presented to the firms along with new options says a source.
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Architecture And Design

May 9, 2017

New renderings of Hudson Yards’ retail and restaurant spaces

Yesterday, it was announced that celebrity chef José Andrés, credited with bringing the small-plate concept to the U.S., will be opening a massive Spanish food hall at Hudson Yards, closing a deal for the 35,000-square-foot space at 10 Hudson Yards that Shake Shack guru Danny Meyer had previously been in talks for. On the heels of the news, developers Related Companies and Oxford Properties Group released new renderings of the retail and restaurant spaces coming to the mega-development (h/t Curbed), most of which will be located in the "Shops and Restaurants at Hudson Yards," a seven-story building that will hold the majority of the 25 restaurants and anchor tenant Neiman Marcus.
More renderings and details ahead

FREE RENT: This week’s roundup of NYC’s rental concessions

Images (L to R): Sky, 605 West 42nd Street, Harlem 125, 69 East 125th Street, The Parkline, 626 Flatbush Avenue and 4540 Center Boulevard

May 5, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

By Ondel Hylton

Get Ready for Summer: Hells Kitchen High-Rise with Two Outdoor Pools Leasing with 1 Month Free [link] A Discussion with Winston Fisher on HOUSE39; Midtown’s “Best in Class” Tower Now Offering Two Mos. Free Rent [link] New Harlem Rentals Debut on 125th Street; Apartments from $1,994/Month [link] Live Near Prospect Park at The Parkline with […]

Real Estate Trends

April 21, 2017

Work to begin this spring on Penn Station-Moynihan Train Hall complex

This spring, the 650,000 commuters who travel through Penn Station daily may finally start to witness Governor Cuomo’s $1.6 billion plan to revamp what he called the “overcrowded, decrepit and claustrophobic” station into a more spacious and high-tech transit hub. As the Daily News reports, the first phase of the overall Moynihan Station Development Project will begin soon, extending Penn Station’s West End Concourse to reduce congestion. The second phase will transform the James A. Farley Post Office into the new Moynihan Train Hall, which will hold more than 112,000 square feet of retail and 588,000 square feet of office space, in addition to new ticketing and waiting areas for Amtrak and Long Island Railroad passengers.
More details right this way

Related’s Stephen Ross kicks off construction on Hudson Yards’ 150-foot climbable ‘Vessel’

First Piece of Vessel Installed 04.18.2017 – courtesy of Related-Oxford

April 18, 2017

Related’s Stephen Ross kicks off construction on Hudson Yards’ 150-foot climbable ‘Vessel’