Manhattan

Not only does 520 West 28th Street lay claim to being Zaha Hadid's only New York City project, but its futuristic design, marked by the late starchitect's signature curvaceous forms, is unlike any other building in the city. But ODA Architects may be looking to change that, as a proposed rendering uncovered by CityRealty for a condo at 208 Delancey Street looks strikingly similar to Hadid's High Line-hugging residence. The Lower East Side project shares its inspiration's L-shape, squat massing, and, most importantly, curved glass corners and extending balconies.
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April 12, 2018

Upper East Side townhouse asks $30M in U.S. dollars or $45M in Bitcoin

By Michelle Sinclair Colman

Last month, New York City had its first cryptocurrency real estate closing. The next week, an owner of the Plaza floated the idea of selling a "Plaza Token" to a group of foreign investors. Now, hedge fund founder and tech investor Claudio Guazzoni de Zanett, the owner of the landmarked townhouse at 10 East 76th Street, is asking one price in US dollars and a higher value in digital currencies due to their volatility. He is willing to accept bitcoin, Ethereum or Ripple. "I’m a true believer in these networks, but it’s very volatile," Zanett told the Wall Street Journal. "They could be down 60% in two weeks."
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Distinctive Homes

Fashion designer Cynthia Rowley lists ‘loft-like mansion’ in the West Village for $17.5M

Listing photo via Leslie J. Garfield

April 11, 2018

Fashion designer Cynthia Rowley lists ‘loft-like mansion’ in the West Village for $17.5M

Fashion icon and long-time West Village inhabitant Cynthia Rowley is selling her three-story, 25-foot-wide townhouse on 16 Morton Street for $17.5 million. Rowley first picked up the West Village home for $10.99 million in 2014, according to the New York Post. In addition to its sheer size, the townhouse features amenities like a curb-cut garage and over 18-foot tall ceilings. The 6,000-square-foot space also comes with additional air rights.
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Lottery for middle-income apartments in Harlem raises the question of affordability

Photo of Harlem via Ian Freimuth/Flickr

April 11, 2018

Lottery for middle-income apartments in Harlem raises the question of affordability

By Dana Schulz

Just hours ago, 6sqft published an article about how many middle-income New Yorkers forego affordable housing opportunities because the "affordable" units are actually more expensive than their current market-rate homes. And now here's a perfect example. Five units are available through the city's housing lottery in the heart of Harlem, at 10 West 132nd Street, but the two studios are $1,900/month and the three one-bedrooms are $2,270/month. For a two-person household earning between $ 77,829 and $ 108,550 annually, is a $2,300 monthly rent payment really affordable?
All the details ahead

Affordable Housing

April 10, 2018

First look at 3 World Trade Center’s huge outdoor terrace

Rendering via Silverstein Properties New renderings have been unveiled for an 11,000-square-foot outdoor terrace at 3 World Trade Center, expected to open when the skyscraper does so in June. Designed by Ken Smith Workshop, the space will be fully landscaped and feature a lush garden. As the first outdoor terrace on the World Trade Center campus, 3 WTC tenants will enjoy unbeatable views of 1 WTC and the WTC Transportation Hub. Another perk? A special operator will serve coffee to tenants in a furnished, canopied area on the terrace.
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Architecture And Design

April 10, 2018

With Pfizer as an anchor tenant, construction on Bjarke Ingels’ Spiral tower will begin in June

Rendering via Tishman Speyer With an anchor tenant and necessary financing secured, Tishman Speyer announced on Tuesday plans to officially begin construction this June on Bjarke Ingels' 65-story office tower planned for Hudson Yards, the Spiral. The developer has reached a deal with Pfizer, a biopharmaceutical company, for an 800,000 square-foot lease at the Spiral, and has secured funding for the $3.7 billion project. The Spiral will reach 1,031 feet high and boast a facade of cascading landscaped terraces and hanging gardens. The tower will spread an entire block, stretching from West 34th to West 35th Streets and 10th Avenue to the Hudson Park and Boulevard.
More this way

Construction kicks off for Handel Architects’ mixed-use tower at Essex Crossing

Rendering via Moso Studio

April 10, 2018

Construction kicks off for Handel Architects’ mixed-use tower at Essex Crossing

Construction of Handel Architects' mixed-use tower planned for the Lower East Side's Essex Crossing development has officially begun. Located at 180 Broome Street, the tower sits at the Manhattan entrance to the Williamsburg Bridge, the structure which influenced the oversized concrete frames in the building's design. The tower includes 263 apartments, retail at street level, office space on levels two through five and a section of the massive marketplace below ground, the Market Line. According to CityRealty, the start of construction at 180 Broome makes it the sixth site to begin building in the nine-site complex.
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April 10, 2018

This $8.5K a month Seaport loft is a real ship house

Pun intended, this open-plan penthouse loft is certainly no slum–it sits atop a genuine restored 1840s ship house at 115 South Street in lower Manhattan's Seaport District. Asking $8,495 a month, the character-filled top-floor space is blessed with 14-foot-high ceilings, exposed timber joists, and whitewashed brick, with stunning views of the harbor and river. It's four flights up, says the listing, but "worth every step."
Take a look around

Distinctive Homes

‘Private school bump’ sends parents hunting for second homes on the Upper East Side

Photo via Ed Yourdon/Flickr

April 9, 2018

‘Private school bump’ sends parents hunting for second homes on the Upper East Side

By Michelle Sinclair Colman

‘Tis the time of year for private school acceptance letters to arrive. Nervous teens and parents race to their inboxes and find out if they are given the honor of spending upwards of 50k a year on their children’s education, often at one of the Upper East Side's highly prestigious institutions. At the same time, the starting gun sounds on the race to find an Upper East Side home to move to near school. amNY reported that with the “private school bump,” not only do buildings see a jump in families moving their primary residences to the area but many see NYC residents buying “little studios for them and their kids for Monday through Friday just to be closer to the school so they don’t have to commute from Tribeca, the Lower East Side, or Chelsea.”
Hear from the pros

Real Estate Trends

Trump once lobbied against legislation that required sprinklers in NYC high-rises

Via Krystal T’s Flickr

April 9, 2018

Trump once lobbied against legislation that required sprinklers in NYC high-rises

Following back-to-back fatal fires in 1998 at two New York City buildings that lacked working sprinklers, public officials advocated for new regulations requiring sprinklers in all buildings. Mayor Rudy Giuliani's administration that year pushed for legislation to address the lack of sprinklers in high-rise towers. But real estate developers, including President Donald Trump, fought against the proposals, citing the high expense of retrofitting existing buildings with them, as the Washington Post reported. After fierce lobbying from developers, including Trump who personally called a dozen council members, the city enacted a law in 1999 that would require sprinklers in new construction but not existing buildings, exempting the president's Trump Tower. On Saturday, a fire ripped through a 50th-floor apartment at Trump Tower, killing a 67-year-old art dealer. Sprinklers were never installed at the Fifth Avenue property.
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Uncategorized

Vornado says it reached a deal with Kushner Cos. to sell 666 Fifth Avenue stake

Google Street View of 666 Fifth Avenue

April 9, 2018

Vornado says it reached a deal with Kushner Cos. to sell 666 Fifth Avenue stake

Update 4/9/18: Vornado announced on Friday that it reached a "handshake" deal to sell its stake at 666 Fifth Avenue back to the Kushner Cos, according to the New York Times. It remains unclear if the Kushners have found a new partner. Steven Roth, chairman of Vornado, in the filing, said the payment would cover the company's investment: "The existing loan will be repaid including payment to us of the portion of the debt we hold." Kushner Cos. said this week it is in talks to buy the remaining 49.5 percent stake in 666 Fifth Avenue from Vornado Realty Trust, furthering the drama at the 41-story Midtown Manhattan office building, according to the Wall Street Journal. The tower has remained one of Kushner Cos. most financially troubled projects. In addition to its debt and high rates of vacancy, the building has been mired in controversy, mostly due to Jared Kushner's role as a senior adviser and son-in-law to President Donald Trump. While Jared divested in the property to avoid conflicts of interest, investors have been reluctant from entering a deal with Kushner Cos.
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Policy

Richard Meier’s East side master plan moving ahead with three condos and biotech offices

Rendering courtesy of Richard Meier & Partners / Solow / BloomImages

April 9, 2018

Richard Meier’s East side master plan moving ahead with three condos and biotech offices

Across the street from Richard Meier’s nearly-complete new black glassy-facaded condo/rental tower at 685 First Avenue (known as 685 First), between First Avenue and the East River, a boarded-up construction site has remained quiet for the better part of a decade. Now, Curbed reports, the site’s developer, Solow Building Company, headed by Sheldon H. Solow, 89, and son Stefan Soloviev, confirms the site's awakening and imminent transformation into three condominium buildings and a fourth building, to be a biotech office, using the 2012 master plan penned by Meier's architecture firm.
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April 6, 2018

Quirky Union Square artist’s loft with a massive skylight and floating library cube asks $4M

An enormous north-facing skylight is the focal point of this sprawling 3,000-square-foot loft at 60 West 15th Street on the border between Chelsea and the Flatiron District. Currently, the quirky artist's quarters is also home to a large studio area, which, along with 11-foot ceilings, exposed brick and beams, and a very cool floating library cube adds to the ultra-creative vibe of the co-op, which is asking $3.995 million.
There are some things we can't figure out here

An eco-conscious pavilion made of scaffolding and moss could bloom in Times Square

Rendering via Sam Biroscak/ Design Pavilion 2018

April 6, 2018

An eco-conscious pavilion made of scaffolding and moss could bloom in Times Square

New York City has 280 miles of scaffolding, totaling more than 7,700 sidewalk sheds in front of 7,752 buildings. Described as pervasive eyesores and sunlight-blockers, scaffolding has an unflattering reputation in the city. Artist Sam Biroscak is looking to change the public perception of these sidewalk sheds, by highlighting it as an "under-appreciated" urban element in his conceptual design. Dubbed Mossgrove, Biroscak's project would create an architectural pavilion in Times Square made of two materials seen as nuisances: moss and scaffolding. The proposal calls for the installation be built during NYCxDESIGN, a nine-day event featuring interactive installations and talks. The theme of this year's Design Pavilion will be "From This Day Forward" (h/t Untapped Cities).
See the design

April 6, 2018

John Steinbeck’s former Upper East Side home, complete with his original writing desk, asks $5M

On the 34th floor at the Tower East on 72nd and 3rd Avenue is the former home of Nobel Laureate John Steinbeck. "The Grapes of Wrath" and "Of Mice and Men" author lived here with his third wife, Elaine Anderson Steinbeck, until his death in 1968. She stayed in the apartment until her death in 2003, after which time it was completely renovated with new windows, floors, plumbing, electric and an expanded entrance with the addition of an adjacent three-bedroom apartment. But the new owners left a few nods to the literary great, including keeping his study intact, complete with his original wooden desk, notes on the wall, and posters, according to the Post.
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April 5, 2018

Leather floors and a catwalk are just the beginning at this $7M Tribeca loft

The listing for this sprawling and spectacular loft at 44 Laight Street in Tribeca is loaded with hyperbole, but in this case we can pretty much see why. We're not sure if it's a "mysterious nexus of art, history, whimsy and amazing craftsmanship where to think of living there was to reduce the miraculous to the mundane," but as far as loft condos go, it's a pretty fly pad. Starting with a private entrance and private indoor parking space, the three bedrooms and remarkable living spaces in this landmarked Grabler Building home are definitely worth a look.
Prepare to be amazed

Distinctive Homes

April 5, 2018

Renderings revealed for Annabelle Selldorf’s $160M Frick Collection expansion

By Hannah Frishberg

The Frick Collection has unveiled its $160 million Selldorf Architects-designed upgrade and expansion, which will open up the private living quarters of Henry Clay Frick's original 1914 home to the public for the first time. As the New York Times explained, the renderings illustrate a plan to expand the existing building's second level, add two set-back stories above the music room, and an addition behind the library that will match its seven-story height. These will house a 220-seat underground auditorium, an education center with classrooms, in addition to a renovated lobby and larger museum shop.
More details and renderings ahead

Sting is reportedly renting at Zaha Hadid’s High Line-hugging condo

Photo © Hufton+Crow; Sting photo via Wiki Commons

April 4, 2018

Sting is reportedly renting at Zaha Hadid’s High Line-hugging condo

By Andrew Berman of Village Preservation

Just six months after selling his huge Central Park West penthouse for $50 million, Sting has reportedly moved on to an equally swanky residence. According to Page Six, he and wife Trudie Styler are "renting a large terraced apartment on a high floor" in Zaha Hadid's recently-completed, curvy, High Line-hugging condo at 520 West 28th Street in Chelsea. Though his former home was in a classic Robert A.M. Stern-designed building (he must really have a thing for starchitects), it was decked out in an uber-contemporary style, so it makes sense that he'd want to move over to one of the city's most futuristic buildings.
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April 4, 2018

David Adjaye’s first New York skyscraper begins its 800-foot rise in the Financial District

By Dana Schulz

Four months after revealing renderings for his first NYC skyscraper, esteemed British architect David Adjaye is finally seeing the project get off the ground. CityRealty reports that construction at 130 William Street has reached street level, with a red kangaroo crane in the ready to begin its nearly 800-foot-tall rise. The Ghana-born architect, who was knighted by Queen Elizabeth II and named one of TIME’s 2017 most influential people, has said the condo tower was inspired by the historic masonry architecture of the Financial District.
Find out more ahead

April 4, 2018

ODA’s proposed Chinatown ‘Dragon Gate’ pavilion interweaves tradition and modernity

By Michelle Sinclair Colman

As many other New York City ethnic neighborhoods have diminished or disappeared over the years, Chinatown continues to grow and prosper. Roughly bound by borders at Hester and Worth Streets to the north and south, and Essex and Broadway to the east and west, Chinatown is home to largest ethnic Chinese population outside of Asia. With this in mind, architecture firm ODA New York, known for prioritizing people over architecture, has proposed a unique and beautiful new gateway to the neighborhood at the Canal Street Triangle. ODA’s typical designs can be a bit boxy, constructed with heavier materials, but there is always a lightness to them, whether through the infusion of glass, archways, or greenery. Combining new technology with traditional Chinese symbolism, “Dragon Gate” will delicately weave the duality of Chinatown’s old and new into a strong structure, both in symbolism and material.
More renderings and details ahead

How New Yorker Howard Bennet fought to make Martin Luther King Jr.’s birthday a national holiday

Martin Luther King Jr. at the 1963 Civil Rights March on Washington, D.C. via Wiki Commons

April 4, 2018

How New Yorker Howard Bennet fought to make Martin Luther King Jr.’s birthday a national holiday

Fifty years ago, on April 4, 1968, Martin Luther King Jr. was shot as he stood on the balcony of the Lorraine Motel in Memphis, Tennessee. This ended the life of one of the 20th century’s most revered and influential figures. It also began a 15-year campaign to make Dr. King’s birthday a national holiday — the first-ever honoring an African American. That successful quest began with and was spearheaded by a native son of Greenwich Village, Howard Bennett. Bennett was one of the last residents of a Greenwich Village community known as “Little Africa,” a predominantly African-American section of the neighborhood which was, for much of New York’s history through the 19th century, the largest and most important African-American community in the city. That neighborhood centered around present-day Minetta, Thompson, Cornelia, and Gay Streets.
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History

A ‘small format’ Target will open on the Upper East Side next year

Rendering via Target

April 3, 2018

A ‘small format’ Target will open on the Upper East Side next year

Retail giant Target announced on Tuesday that it will bring three new Target stores to New York City, further expanding its footprint in the Big Apple. The new stores, planned for the Upper East Side, Astoria and Staten Island, will be "small format," tailored to the needs of shoppers in urban areas (h/t NBC). In a statement, Mark Schindele, a senior vice president of Target's properties, said: "All three of these new stores will offer the best of Target in that borough, yet curate the assortment to meet the needs and preferences of the nearby community."
More details here

New Developments

Bjarke Ingels’ Nomad office tower reveals itself and nearly doubles in height

Rendering via BIG Architects

April 3, 2018

Bjarke Ingels’ Nomad office tower reveals itself and nearly doubles in height

Despite switching architects from Moshe Safdie to Bjarke Ingels of BIG Architects in September, HFZ Capital Group is still on track with its office tower planned for 3 West 29th Street. New renderings obtained by YIMBY reveal a much taller building than filed in September, which called for 33 or 34 stories. The designs are showing a roughly 60-story tower, officially dubbed "29th and 5th," planned for the Nomad neighborhood, with a footprint of potentially 600,000 square feet.
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April 3, 2018

This stunning $22M Hotel des Artistes triplex has a 44-foot living room, 2 offices and a greenhouse bath