Midtown

Facebook has signed a lease for 730,000 square feet at the former James A. Farley Post Office, a Midtown landmark currently being converted into a mixed-use building, Vornado Realty Trust announced Monday. Reports of the deal first surfaced last December, but the coronavirus pandemic put into question the need for massive office space with thousands of workers. But Gov. Andrew Cuomo said the deal shows New York's resilience as the city recovers from the crisis. "Vornado's and Facebook's investment in New York and commitment to further putting down roots here - even in the midst of a global pandemic - is a signal to the world that our brightest days are still ahead and we are open for business," Cuomo said in a statement. "This public-private partnership fortifies New York as an international center of innovation."
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Real Estate Trends

See the 193 new Rockefeller Center flags designed by the public

Courtesy of Tishman Speyer

August 3, 2020

See the 193 new Rockefeller Center flags designed by the public

The iconic flags that surround the Rink at Rockefeller Center got a makeover over the weekend. Public art initiative "The Flag Project" opened on Saturday with 193 new flags designed by the public, as well as a number of well-known artists and designers. Led by Tishman Speyer, the installation aims to celebrate New York City as the city continues its fight against the coronavirus pandemic.
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Events & Things To Do

$100M penthouse closes at 220 Central Park South, third-most-expensive NYC sale ever

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons

July 28, 2020

$100M penthouse closes at 220 Central Park South, third-most-expensive NYC sale ever

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons As of July 1, 2020, the average price per square foot for a New York City condo came in at $1,110, according to CityRealty. But this duplex penthouse at 220 Central Park South sold for a whopping $12,164 per square foot. First spotted by The Real Deal and confirmed in city property records, PH 76 at the Billionaires' Row tower just closed for $99,903,375, making it the third-most-expensive sale ever, behind billionaire Ken Griffith’s $238 million purchase also at 220 CPS in early 2019 and Michael Dell’s $100 million buy at One57 in 2015. The sale takes the number-three spot from a $92.7 million sale at 220 CPS, which sold in late 2019 to billionaire hedge-funder Daniel Och.
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Real Estate Trends

See inside an apartment at the world’s tallest residential building

Photo by Evan Joseph

July 24, 2020

See inside an apartment at the world’s tallest residential building

It's been nearly two years since sales launched at Extell's Central Park Tower and one year since the 1,500-foot condominium topped out along Central Park South, making it the tallest residential building on the globe. And now, we've got our first look inside one of the enviable apartments at this Billionaires' Row building. The model residence is a 3,401-square-foot, three-bedroom corner unit on the 43rd floor, priced at $17,500,000. Not surprisingly, the interiors are decked out to the nines, but, of course, it's the insane views we can't stop ogling.
Take the full tour

July 22, 2020

10 iconic streets and spots in NYC open for outdoor dining

Since Mayor Bill de Blasio rolled out the open restaurants program last month, allowing eateries to serve diners on sidewalks and in adjacent parking spots, over 9,000 eateries have reopened for outdoor dining. Offering another lifeline to the struggling industry, especially now that indoor dining has been postponed indefinitely, the city has also closed more than 40 blocks to traffic for its weekend-only open streets dining program, overseen by community organizations and neighborhood Business Improvement Districts. With so many al fresco dining options available, we're rounding up the most iconic New York City streets and establishments now open for outdoor dining, from the most photographed block in Brooklyn and New York's oldest bar in Queens to open-air plazas with views of city landmarks.
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Food & Dining

See the ‘Black Lives Matter’ mural in front of Trump Tower

All photos by Michael Appleton/Mayoral Photography Office

July 9, 2020

See the ‘Black Lives Matter’ mural in front of Trump Tower

After announcing last month that he'd be painting "Black Lives Matter" in front of Trump Tower, Mayor de Blasio today helped paint the mural in bright yellow letters outside the building on Fifth Avenue between 56th and 57th Streets. "Let’s show Donald Trump what he does not understand, let’s paint it right in front of his building for him," the mayor said today.
Details here

Policy

$2.5M Central Park South penthouse has a wrap-around rooftop with beer taps, grills, and a ‘lawn’

Images courtesy of Brown Harris Stevens

June 11, 2020

$2.5M Central Park South penthouse has a wrap-around rooftop with beer taps, grills, and a ‘lawn’

A heated pergola, outdoor kitchen with both barbecue and teppanyaki grills, beer taps, a wine fridge, entertainment center, outdoor lounge, and a recreation "lawn" -- this is just some of what you'll get at this Central Park South's wrap-around rooftop terrace. The two-bedroom penthouse at 152 West 58th Street also has incredible views of the adjacent skyscrapers along Billionaires' Row, including the famous Essex House sign that reflects into the glass of One57. The interiors are super open and sleek, and the home has just hit the market for $2,490,000
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Distinctive Homes

Public art campaign lights up Times Square in support of essential workers

PSA by Carrie Mae Weems; Photo by Maria Baranova

May 19, 2020

Public art campaign lights up Times Square in support of essential workers

A public art campaign is lighting up Times Square in support of New York City's healthcare and essential workers. As part of a joint effort by Times Square Arts, For Freedoms, and Poster House, "Messages for the City," now in its second phase, features work from more than 30 artists and designers on digital public service announcements in New York, Boston, and Chicago.
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Events & Things To Do

New Yorkers invited to design iconic Rockefeller Center flags

Photo by Sharon Mollerus on Flickr

May 18, 2020

New Yorkers invited to design iconic Rockefeller Center flags

A public art competition launched last week that asks New Yorkers to submit designs for the iconic flags that surround the Rink at Rockefeller Center. Led by the site's developer Tishman Speyer, "The Flag Project" is looking for artwork that celebrates New York City, whether it be through graphic design, a drawing, or collage. Winning designs will be made into flags and flown from Rockefeller Center's 192 flagpoles this August as part of a temporary exhibit.
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Events & Things To Do

Rockefeller Center revamp gets Landmarks approval

Rendering by Gabellini Sheppard Associates courtesy of Tishman Speyer; via Landmarks Preservation Commission

April 28, 2020

Rockefeller Center revamp gets Landmarks approval

A proposal to renovate Rockefeller Center's public realm was approved on Tuesday by the Landmarks Preservation Commission. Led by Tishman Speyer and designed by Gabellini Sheppard Associates, the project aims to restore the connection between the concourse and the sunken plaza, an element included in the original plans for the historic Midtown site. The design, which was revised following a public hearing in January, focuses on the pools of the channel gardens, the sunken plaza, and new seating and planting to maintain the plaza's well-defined edges.
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The Empire State Building’s new light shows honor essential workers and first responders

Photo by Neil Cooper on Unsplash

April 27, 2020

The Empire State Building’s new light shows honor essential workers and first responders

After kicking off on Saturday, the Empire State Building will continue to put on nightly light shows in honor of specific first responders and essential workers. The landmark began its #HEROESSHINEBRIGHT series by paying tribute to the FNDY and EMS on Friday, doctors, nurses, and the medical community on Saturday, and correction officers on Sunday. Tonight, watch the building blink orange, blue, and white in honor of the U.S. Coast Guard, as well as blue and gold in honor of the U.S. Navy.
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See the giant heart design on Bryant Park’s lawn

Photo by Jane Kratochvil for Bryant Park Corp.

April 22, 2020

See the giant heart design on Bryant Park’s lawn

A giant heart was mowed into Bryant Park's lawn this week as a message of support for the city's healthcare personnel and essential workers. The park, which recently transformed its Winter Village ice skating rink into its famed lawn, will reopen its green space to the public in early May. Social distancing regulations will be in effect, according to the Bryant Park Corporation.
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Photo credit: VHT, courtesy The Corcoran Group

April 10, 2020

This $769,000 Billionaires’ Row studio is roomy and reasonable

Old and new NYC collide in this $769,000 studio that's roughly 600 square feet. It's located at 100 West 58th Street, a classic 1928 Rosario Candela-designed apartment building. But today, this location, just a block south of Central Park at the corner of 6th Avenue, puts it smack in the middle of Billionaires' Row. And with a sizable separate kitchen and enough room for two distinct areas in the living space, it's quite a reasonable buy.
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Distinctive Homes

Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

Photo courtesy of Lord & Taylor

March 13, 2020

Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

After The Real Deal first learned of the possible deal in late February, the Post is now reporting that Amazon is doling out $1.15 billion to acquire Midtown's Lord & Taylor building from WeWork. Rumors that Amazon would potentially lease the building circulated last summer ahead of WeWork's planned IPO. The sale will have big implications for both companies, giving WeWork much-needed capital and representing Amazon's largest real estate acquisition to date. According to the Post, the landmark building will become Amazon's NYC headquarters and home to "several thousand employees in the coming years."
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Uncategorized

To offset Coronavirus-related dips in attendance, tickets for six Broadway hits will be only $50

Photo credit: Mihai Bojin via Flickr

March 10, 2020

To offset Coronavirus-related dips in attendance, tickets for six Broadway hits will be only $50

As Coronavirus fears begin impacting Broadway attendance, producer Scott Rudin is slashing ticket prices to keep theatres full, Deadline reports. Starting this Thursday at noon, all remaining March tickets for Rudin's popular productions—To Kill a Mockingbird, West Side Story, The Lehman Trilogy, Who's Afraid of Virginia Woolf?, and The Book of Mormon—will be available for only $50.
This could be the deal you've been waiting for

Events & Things To Do

This incredibly detailed 3D replica of Manhattan took 1,000 hours to complete

Photos courtesy of Empire State Realty Trust

March 6, 2020

This incredibly detailed 3D replica of Manhattan took 1,000 hours to complete

French artist Johann Perathoner has created a panoramic 3D replica of Manhattan that is currently on view in the Empire State Building’s lobby. Though compact in scale, the composition is ambitious in scope and captures an incredible amount of detail in its small size. Made up of vibrant colors and 100 different textures that include rhinestones and fake diamonds, the piece took Perathoner more than 1,000 hours to complete.
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Events & Things To Do

You can rent the only Plaza apartment with a private elevator for $46,000 a month

Listing photos courtesy of Elegran

February 21, 2020

You can rent the only Plaza apartment with a private elevator for $46,000 a month

As if living in the Plaza wasn't posh enough, this mansion apartment is the only residence in the building to have a private elevator and a personal grand staircase with a private landing. Of course, it'll cost you--$46,000 a month. But that gets you 4,665 square feet of space, four bedrooms, four-and-a-half bathrooms, and Central Park views from every window. And the home comes fully furnished.
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Distinctive Homes

See more of the historic residences inside 111 West 57th Street’s landmarked Steinway Building

Listing images courtesy of 111 West 57th Street

February 18, 2020

See more of the historic residences inside 111 West 57th Street’s landmarked Steinway Building

Two more listings inside Midtown’s historic Steinway Hall have just hit the market: a two-bedroom with a private terrace for $8,750,000 and a four-bedroom duplex seeking $17,995,000. The landmarked building at 111 West 57th Street was designed by renowned firm Warren & Wetmore and finished in 1925. The longtime home of the Steinway & Sons piano company was acquired by developers JDS Development, Property Markets Group, and Spruce Capital Partners in 2013 for $217.5 million and has since become incorporated into SHoP Architects’ super-slender supertall tower rising next to it. The Beaux-Arts structure serves as the project’s grand entryway and will hold the amenity spaces and a small handful of residences designed by Studio Sofield. We previously got a look inside the striking duplex penthouse that hit the market for $21 million last November—a price it still holds.
Get a look around

Wealthy Russian family lists gilded Plaza apartment full of onyx and crystal for $45M

All photos courtesy of Douglas Elliman

February 14, 2020

Wealthy Russian family lists gilded Plaza apartment full of onyx and crystal for $45M

Russian oligarch and co-owner of Moscow's Domodedovo Airport Valery Kogan and his wife Olga Kogan have put their insanely opulent Plaza apartment on the market for $45 million. The billionaire couple bought two units in the iconic building in 2007/2008 for $26 million and then combined them, according to the Wall Street Journal. The massive home that they're now trying to unload--which the listing describes as being "reminiscent of French royalty"--is dripping with gold detailing, crystal chandeliers, ornate moldings, and a master bathroom wrapped from floor to ceiling in imported onyx. It even has an alcove in one of the building's turrets.
You've gotta see this place to believe it

Distinctive Homes

Why are the tracks of the Times Square-Grand Central shuttle curved?

The Times Square shuttle platform, Photo by Helvetica Fanatic on Wikimedia

February 6, 2020

Why are the tracks of the Times Square-Grand Central shuttle curved?

At the platform of the Times Square-Grand Central shuttle, a train track is hidden in plain sight. At both ends of the two-station line, tracks are numbered 1, 3 and 4, with no Track 2 to be found. As the New York Times explained, Track 2 once ran in its appropriate spot, between Tracks 1 and 3, but was taken out of operation nearly 100 years ago. After an attempt to expand the original 1904 line turned to major confusion for commuters, transit officials covered Track 2 with wooden flooring to make it easier for New Yorkers to walk to the new tracks.
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Win a private dinner for two ‘under the stars’ of Grand Central Terminal this Valentine’s Day

Photo courtesy of Grand Central Terminal

February 3, 2020

Win a private dinner for two ‘under the stars’ of Grand Central Terminal this Valentine’s Day

One of the most unique Valentine's Day events in New York City is happening at one of the city's busiest transit hubs. Grand Central Terminal announced it will provide one couple a romantic, private evening under the stars of its iconic main hall as part of a new contest announced Monday. The winning couple, who will get the space to themselves on February 14 between 2:30 a.m. and 4:30 a.m., will enjoy a three-course dinner provided by Michelin-starred restaurant Agern and a live piano performance from a Steinway Artist, all under the terminal's constellation ceiling.
How to enter

Events & Things To Do

Times Square Arts’ 2020 Valentine’s Day heart comes with a hidden surprise

Photos by Ian Douglas

January 31, 2020

Times Square Arts’ 2020 Valentine’s Day heart comes with a hidden surprise

Times Square Arts debuted the 2020 Times Square Valentine Heart yesterday, a tradition that started in 2009. This year's installation, Heart Squared, was selected by the Cooper Hewitt Smithsonian Design Museum and designed by MODU and Eric Forman Studio. The sculpture is composed of a 10-foot-tall cubic steel lattice structure that approximates the form of an anatomical heart and 125 mirrors that are suspended within and tilted at various angles to create a kaleidoscopic collage of the urban environment. The arrangement of the mirrors might seem random at first but they're precisely calibrated to form an anamorphic projection—meaning that the mirror array creates a surprise image when viewed from a specific vantage point, which is marked on the ground with white paint.
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Events & Things To Do

Renderings courtesy of Krispy Kreme

January 30, 2020

Krispy Kreme opening five new NYC stores ahead of Times Square flagship

By Michelle Cohen

Iconic doughnut chain Krispy Kreme announced in June that it will bring its "doughnut theater experience" to a 45,000-square-foot retail space at the corner of 48th Street and Broadway in Times Square where visitors will be able to watch the doughnut-making process–complete with glaze waterfall–or just grab one to go at the walk-up window. It won't open until May, but to hold you over, Krispy Kreme will soon open five new Manhattan locations, in addition to reopening their long-time Penn Station outpost after a renovation (h/t Time Out NY).
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Food & Dining

See inside Central Park Tower’s 100th floor residential club

Renderings courtesy of Extell Development Company

January 27, 2020

See inside Central Park Tower’s 100th floor residential club

As Extell Development's Central Park Tower nears the finish line, newly released renderings of the Billionaires' Row supertall are giving us a peek into the private residential club that will occupy the 100th floor with a suite of high-end amenities. Reaching over 1,000 feet in the sky, the amenity space, called the Central Park Club, will be the highest lounge of its kind in the world, offering hard-to-beat views over Billionaires' Row and Central Park.
And the views are exceptional

See the proposed revamp for Rockefeller Center

Renderings by Gabellini Sheppard Associates courtesy Tishman Speyer; via NYC Landmarks Preservation Commission

January 15, 2020

See the proposed revamp for Rockefeller Center

Tishman Speyer proposed a plan to revamp certain aspects of Rockefeller Center during a hearing at the Landmark Preservation Commission on Tuesday, as CityRealty reported. With Gabellini Sheppard Associates at the helm, the design proposal makes tweaks to the gardens and outdoor plaza spaces at the 22-acre site. The upgrades—which mostly seek to improve circulation—come as city officials have been discussing the permanent restriction of traffic around Rockefeller Center following the successful pedestrianization of the area during the recent holiday season.
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Architecture And Design

Photos courtesy of Tiffany & Co.

January 15, 2020

Tiffany & Co. moves into a temporary location next door to iconic Fifth Avenue flagship