Midtown

Busy but relatively dry Midtown East got a new cocktail bar last week with Bergamo’s at 26 Vanderbilt Avenue. Located on the ground floor of the Company building—a tech incubator designed by SHoP Architects—the sprawling 8,530-square-foot lounge was inspired by old New York glamour and features a vaulted ceiling with custom tiles that nod to the historic Guastavino vaults at nearby Grand Central Terminal.
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Food & Dining

After holiday street closures, some city leaders say Rockefeller Center should remain car-free

Photo by Javier Guiterrez Acedo on Flickr

January 7, 2020

After holiday street closures, some city leaders say Rockefeller Center should remain car-free

By Michelle Cohen

After having been closed to car and truck traffic during the busiest times of day since November 29th, West 49th and West 50th streets between Fifth and Sixth avenues–the two streets on either side of the Rockefeller Center Christmas Tree–may become permanently car-free if some city officials have their way. Mayor Bill de Blasio said Monday that he believes the vehicle-free streets were safer for the estimated 750,000 pedestrians who were expected to traverse the plaza each day during the crowded holiday season, the Wall Street Journal reports.
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Transit

Snøhetta’s transformed public garden at 550 Madison Avenue receives final city approvals

Renderings courtesy of Snøhetta and MOARE

January 7, 2020

Snøhetta’s transformed public garden at 550 Madison Avenue receives final city approvals

The privately-owned public space (POPS) on the ground floor of Philip Johnson and John Burgee’s Postmodern skyscraper at 550 Madison Avenue declined over time due to multiple alterations and was often described as being “tall, skinny, and dark.” As part of Snøhetta’s transformation of the landmark, the garden is receiving a lot of attention. In December, developer Olayan Group revealed plans to increase the public space by 50 percent while creating “a welcoming sensory retreat in the heart of East Midtown.” After being approved by the Landmarks Preservation Commission last year, the open space has now received its final approval from the Department of City Planning.
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Architecture And Design

Cuomo revives plan to overhaul Penn Station and create new Empire Station Complex

Rendering of new entrance on 8th Avenue to Penn Station via Gov. Andrew Cuomo’s office

January 6, 2020

Cuomo revives plan to overhaul Penn Station and create new Empire Station Complex

Gov. Andrew Cuomo is returning to one of his favorite infrastructure proposals: the overhaul of Penn Station. During an event on Monday hosted by the Association for a Better New York, the governor announced plans to build the Empire Station Complex, a station that would link a modernized Penn Station, the soon-to-be-open Moynihan Train Hall, and a new terminal one block south of the existing site. The plan, first introduced by the governor in 2016, would add eight new tracks and increase train capacity by 40 percent at the station, which currently serves more than 650,000 passengers each day.
See the updated plan

Times Square’s Palace Theatre overhaul includes outdoor stage and ‘ball drop’ suites

Rendering courtesy of TSX Broadway

January 2, 2020

Times Square’s Palace Theatre overhaul includes outdoor stage and ‘ball drop’ suites

A mixed-use development project hopes to bring even more bright lights and theatrics to Times Square. A team of developers, led by L&L Holding Company, will provide the ultimate New Year's Eve experience at its new luxury hotel, part of the plan to transform the historic Palace Theatre into TSX Broadway. New renderings of the $2.5 billion project, which involves raising the theater more than 30 feet and building a 669-room hotel above it, show off suites with perfect views of the Times Square ball drop, the neighborhood's first outdoor stage, and immersive retail experiences.
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New Year’s Eve in numbers: Fun facts about the Times Square ball drop

Photo by Kohei Kanno on Flickr

December 30, 2019

New Year’s Eve in numbers: Fun facts about the Times Square ball drop

By Diane Pham

Every year as the clock nears midnight on December 31, anticipation runs high as the world holds its breath waiting for the sparkling New Year's Eve Ball to descend from its flagpole atop One Times Square. We all know that the countdown starts at 10, but there are a handful of other fun facts to muse over when it comes to the city's most lauded tradition. From the wattage of the ball to the weight of trash produced to how long it takes to get it all cleaned up, see what we've rounded up, in numbers, ahead!
More on New Year's Eve in Times Square here

Events & Things To Do

NYC’s third-priciest apartment ever just sold at 220 Central Park South for $92.7M

Via Vornado Realty Trust and Robert A.M. Stern Architects

December 17, 2019

NYC’s third-priciest apartment ever just sold at 220 Central Park South for $92.7M

Despite some trepidation about the luxury sales market, the year is finishing strong, at least near Billionaires' Row, which was just named the most expensive street in the entire world. As the NY Post first reported, property records filed today show a $92.7 million penthouse sale at 220 Central Park South, making it the third-most-expensive NYC 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. Though it was purchased by an anonymous LLC, the Wall Street Journal uncovered that billionaire hedge-funder Daniel Och is the buyer.
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Real Estate Trends

Billionaire’s Row tops list of most expensive streets in the world

Looking north towards Billionaires’ Row in early October © 6sqft

December 17, 2019

Billionaire’s Row tops list of most expensive streets in the world

A new study of the top "ultra-prime" locations in the world dispels any doubt that Billionaire's Row is living up to its name. London-based property consultancy Knight Frank, along with Douglas Elliman, looked at the number of homes sold for over $25 million since 2015 and found the greatest concentration along Midtown's 57th Street, where 41 transactions have been closed in the last five years at an average price of $38.5 million. Manhattan cracked the top ten three more times, with Central Park South coming in third, followed by Park Avenue and Fifth Avenue in fourth and seventh place.
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Real Estate Trends

Snap a photo with the ‘2020’ New Year’s Eve sign in Times Square

Photo by Ian Hardy for Countdown Entertainment

December 16, 2019

Snap a photo with the ‘2020’ New Year’s Eve sign in Times Square

The new year has arrived in New York City...at least in numbers. Two seven-foot-tall numerals, the "2" and "0" in 2020, are currently on display in Times Square, offering the public a chance to snap a photo with the famous digits before they are placed on top of One Times Square. The 2020 signage sits below the crystal-filled New Year's Eve ball and will light up at midnight on December 31, marking the start of a new decade.
Details here

Events & Things To Do

NYC’s third $100M+ real estate deal closes at 220 Central Park South

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

December 13, 2019

NYC’s third $100M+ real estate deal closes at 220 Central Park South

A penthouse at 220 Central Park South has sold for $100 million to an undisclosed buyer, the Wall Street Journal reports. The Billionaire's Row transaction is only the third nine-figure deal to close in New York City, following hedge-fund executive Ken Griffin’s whopping $240 million purchase in the same building earlier this year (the most expensive home ever sold in the U.S.) and tech mogul Michael Dell’s $100.47 million penthouse at nearby One57, which closed in 2014.
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Real Estate Trends

See inside The Wing’s newest location in Bryant Park

Images by Tory Williams; courtesy of The Wing

December 11, 2019

See inside The Wing’s newest location in Bryant Park

The Wing is celebrating the end of a busy year with the opening of its newest NYC location in Bryant Park at 25 West 39th Street. As we've come to expect from the women-only co-working and community space, the design is warm, inviting, and highly Instagrammable. It occupies roughly 7,000 square feet—the entire 11th floor of the building—with a range of workspaces, personal areas, a mother's room, a full-service cafe, and more.
Take a look around

Architecture And Design

Facebook in talks for office space at former Farley Post Office in Midtown

Rendering courtesy of Skidmore, Owings & Merrill via Gov. Andrew Cuomo’s office

December 6, 2019

Facebook in talks for office space at former Farley Post Office in Midtown

Facebook is looking to expand its New York City footprint once again. The social media company is in talks to lease about 700,000 square feet at the former James A. Farley Post Office, a city landmark in Midtown currently being converted into a mixed-use building. If the deal is inked, Facebook would become one of the largest corporate tenants in the city with 3 million square feet of office space leased, as first reported by the Wall Street Journal.
Get the details

Real Estate Trends

Target announces new Times Square store, its 10th Manhattan location

Rendering courtesy of Target

December 5, 2019

Target announces new Times Square store, its 10th Manhattan location

New York City is getting another Target. The retailer announced on Thursday plans to open a small-format store in Times Square, its 10th store in Manhattan. The 33,000-square-foot location will be located at a five-level retail complex on 42nd Street between 7th and 8th Avenues. The property, owned and managed by Tishman Realty, is currently undergoing a $60 million renovation. The 42nd Street shop is expected to open in 2022.
The Target takeover continues

Uncategorized

Everything you need to know about this year’s Rockefeller Center tree lighting

Image by Michael Vadon via Wikimedia Commons

December 4, 2019

Everything you need to know about this year’s Rockefeller Center tree lighting

The 2019 Rockefeller Center Christmas tree has been in place for nearly a month, and it's almost ready to get lit. The 87th annual tree lighting ceremony will take place later tonight, with tens of thousands of spectators expected for the festivities and millions more tuning in on television. The event is free to the public on a first-come, first-served basis, so read on for everything you need to know if you plan on getting a spot (or if you'd rather watch from your couch!).
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Events & Things To Do

Empire State Building opens 80th-floor observatory, completing $165M redevelopment

Photo by Evan Joseph for Empire State Realty Trust

December 2, 2019

Empire State Building opens 80th-floor observatory, completing $165M redevelopment

With the opening of the 80th-floor observatory last week, the $165 million, four-year redevelopment of the Empire State Building is now complete. In partnership with the city's tourism agency, NYC & Company, Empire State Realty Trust created an interactive, visitor-focused experience, which includes personalized digital itineraries, the building's classic viewfinders, film, original artwork, and more. The Trust unveiled the 102nd-floor observatory to the public in October, with the second-floor museum opening earlier in the summer.
See it here

Architecture And Design

Netflix reaches deal to keep Midtown’s Paris Theatre open for special events and screenings

Photo courtesy of Netflix, by Marion Curtis

November 26, 2019

Netflix reaches deal to keep Midtown’s Paris Theatre open for special events and screenings

In a press release yesterday, Netflix announced that it reached a lease agreement to preserve Midtown's iconic Paris Theatre and keep it open for "special events, screenings, and theatrical releases of its films." Last month, Netflix premiered its new movie "Marriage Story" in the Paris, and with talks of the 58th Street site potentially getting redeveloped, many hoped the company would find a longer-term residency in the 71-year-old theater, which was NYC’s last single-screen movie house.
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Uncategorized

NYC to close streets around Rockefeller Center to cars during holiday season

Photo by Javier Guiterrez Acedo on Flickr

November 22, 2019

NYC to close streets around Rockefeller Center to cars during holiday season

The city will expand pedestrian space around Rockefeller Center and Radio City Music Hall during the holiday season, Mayor Bill de Blasio announced on Friday. Starting Nov. 29, 49th and 50th Streets, as well as Fifth and Sixth Avenues, will be partially closed to cars to alleviate congestion caused by the roughly 800,000 people who visit the Christmas Tree every day during the season. The expansion marks the first time the city has created a defined pedestrian space for the area.
More here

Rendering of the new shop, courtesy of David Korins

November 13, 2019

Midtown’s Drama Book Shop gets a new location and a 2020 opening date

Midtown's 100-year-old Drama Book Shop has a new home and an opening date after being revived by Lin-Manuel Miranda and three “Hamilton” collaborators, the New York Times reports. Earlier this year, the garment district mainstay was forced to close due to rising rents. With investment help from the Mayor's Office of Media and Entertainment, Miranda's team bought the store from owner Rozanne Seelen and packed up the storefront at 250 West 40th Street, where it had been located since 2001. Since then, they've found a new location just one block south at 266 West 39th Street, which is expected to open in March.
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Uncategorized

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

Renderings by Hayes Davidson and images by Peter Murdock; courtesy of Douglas Elliman

November 8, 2019

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

Once home to the Steinway & Sons piano company, the landmarked building at 111 West 57th Street 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. Originally built in 1925, the Beaux-Arts building will house the lobby for the luxury tower and a small number of apartments, including this 5,200+ square-foot duplex penthouse that just listed for $21 million.
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This holiday season, you can book a toy-filled FAO Schwarz hotel suite for $3,000/night

Photo courtesy of Conrad New York Midtown

November 6, 2019

This holiday season, you can book a toy-filled FAO Schwarz hotel suite for $3,000/night

A new hotel in Midtown is offering the ultimate New York City holiday experience. Conrad New York Midtown has partnered with iconic toy store FAO Schwarz to bring a 1,800-square-foot one-bedroom suite full of toys, including 10-foot stuffed animals, train sets, and of course, the famous dance-on piano. The playful stay does not come cheap; the holiday suite package starts at $3,000 per night.
How to book

Events & Things To Do

Sales still in a slump at post-2016 Trump Tower

Photo by Krystal T via Flickr

November 4, 2019

Sales still in a slump at post-2016 Trump Tower

By Michelle Cohen

Living under the shadow of having President Trump as an occasional neighbor–and as a sign on the front of your building–doesn't do much for condo property values in midtown Manhattan, if commercial leasing and residential sales at Trump Tower are any indication. CityRealty reports that vacancies persist in the commercial podium of 721 Fifth Avenue, and residential condo sales in the mixed-use tower have yet to recover from recent stagnation: Almost one half of the units up for sale have cut their initial asking prices, and all but two of the 11 condos whose sales closed this year have sold at an often-considerable–more than 10 percent–discount.
More on the Trump slump

Real Estate Trends

All photos by Floto + Warner

November 1, 2019

Check out the cocktail bar at Nordstrom’s new Billionaires’ Row flagship

After much anticipation, Nordstrom opened its new NYC flagship last week. Located inside Billionaires' Row supertall Central Park Tower (the current world's tallest residential building), the seven-story department store offers such perks as stroller cleaning and shoe repairs and stocks "more than 10,000 handbags, 100,000 pairs of shoes, and 6,000 pairs of jeans," according to amNY. And in addition to all this retail excess, the store also has seven food and beverage options, including Broadway Bar, a cocktails and small plates restaurant on the third and fourth floors. Designed by Rafael de Cárdenas / Architecture at Large, Broadway Bar uses muted hues and subtly curved geometry to create a calm escape within the store. Ahead, get a better look at the space.
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De Blasio resists plan to pedestrianize Rockefeller Center during upcoming holiday season

Photo by Shinya Suzuki / Flickr

November 1, 2019

De Blasio resists plan to pedestrianize Rockefeller Center during upcoming holiday season

For years, residents and community leaders have called on the city to add pedestrian space near Rockefeller Center to make conditions safer for the hundreds of thousands of people who visit the area during the holiday season to see the tree and store windows. This week, the Department of Transportation privately issued a pilot plan to address the major crowds by increasing pedestrian space on Fifth Avenue between East 48th and East 51st Streets. But Mayor Bill de Blasio quashed the plan before it was officially released, claiming "it was not signed off on by City Hall."
Details here

See inside SHoP’s slender supertall at 111 West 57th Street

The living room of the 43rd-floor unit; Photo by Peter Murdock

October 29, 2019

See inside SHoP’s slender supertall at 111 West 57th Street

The skinny skyscraper perfectly positioned over Central Park has officially topped out at 1,428 feet, becoming the world's second tallest residential building. Designed by SHoP Architects, 111 West 57th Street's super-slender frame allows each of the 46 full-floor and duplex condos to feel like a penthouse. In addition to the Billionaires' Row tower reaching its pinnacle height at 91 stories, new images released Tuesday provide a first look inside the residences, with 360-degree views of Manhattan and bold interiors conceived by Studio Sofield.
See inside the supertall

New Developments

Image: Business Wire

October 28, 2019

Yayoi Kusama’s ‘Love Flies Up to the Sky’ balloon to join Macy’s Thanksgiving Day Parade

By Michelle Cohen

Work by Yayoi Kusama, the celebrated contemporary artist who gave us those famous polka-dot pumpkins and insanely popular Infinity Rooms, will be brightening the Macy's Thanksgiving Day Parade. The Japanese artist's creation, “Love Flies Up to the Sky,” will be part of the parade's Blue Sky Gallery, a series of balloons that reflect art from the world's best-known contemporary artists.
Inflatable art, this way

Events & Things To Do

All renderings courtesy of Gensler

October 22, 2019

New lobby renderings revealed for Phillip Johnson’s 550 Madison Avenue