Manhattan

A 762-foot skyscraper in the Financial District is now accepting applications for 97 affordable apartments. Developed by Carmel Partners and designed by Gerner Kronick + Valcarcel and SLCE Architects, the residential development at 118 Fulton Street (also known as 19 Dutch Street) contains 483 rental units. The glassy tower will have over 8,000 square feet of retail space on the cellar, first and second levels. Qualifying New Yorkers earning 60 percent of the area median income can apply for units ranging from $788/month studios to $1,025/month two-bedrooms.
Find out if you qualify

Affordable Housing

February 7, 2018

New details and renderings for Essex Crossing’s Market Line, NYC’s largest food hall

By Dana Schulz

It's been over a year since we got our first look at Market Line, the 150,000-square-foot market that will anchor the Essex Crossing mega-development. It will serve as the new home for the Lower East Side's iconic, 76-year-old Essex Street Market and boast two indoor parks, a beer garden, 150 food vendors, and 20 retail spaces--all adding up to the city's largest food hall. Eater now has spotted a fresh set of renderings of Market Line, as well as the first vendor announcement. Among those who will be hawking their grub are Queens' famed taco spot Tortilleria Nixtamal, the Upper East Side's 100-year-old German meat market Schaller & Weber, and the East Village's Ukrainian institution Veselka.
Check out the other vendors and more renderings

February 6, 2018

Lottery launches for 258 rentals at TF Cornerstone’s West 57th tower, from $613/month

The lottery for TF Cornerstone's massive building at 606 West 57th Street officially launched on Tuesday, offering 258 mixed-income rentals in the brand new 42-story tower. Designed by Arquitectonica, the rental, dubbed 606W57, boasts a unique, boxy design and will hold over 1,000 apartments. It sits near other West Side architectural standouts like the pyramid-shaped, Bjarke Ingels-designed Via57 West, as well as the Helena. Qualifying New Yorkers earning 40, 60 and 120 percent of the area median income can apply for units ranging from a $613/month studio to a $2,902/month three-bedroom.
Find out if you qualify

Google to buy Chelsea Market building for $2.5B, the second largest single sale in NYC history

Photo of Chelsea Market via Wikimedia

February 6, 2018

Google to buy Chelsea Market building for $2.5B, the second largest single sale in NYC history

Editor's Note: The New York Post reports Google will buy Chelsea Market for $2.5 billion, which would make it the second biggest single sale in the city's history. It closely follows the $2.8 billion purchase of the GM Building in 2007. Google has entered contract with Jamestown LP to buy the Chelsea Market building for over $2 billion. As 2018's first billion dollars plus transaction in New York, the deal is expected to close sometime in the next two months, according to the Real Deal. This will further the tech giant's presence in the Manhattan neighborhood; it is currently the biggest tenant at 75 Ninth Avenue and its headquarters are located across the street at 111 Eighth Avenue.
Find out more

Real Estate Trends

February 6, 2018

This stylish Chelsea loft, asking $2.25M, is a standout in luxurious textures and moody hues

From smooth marble to luxe leather in dark tones of charcoal and slate, this floor-through pad at 151 West 28th Street at the intersection of Chelsea, Nomad and the Flatiron Districts combines classic loft detail with modern design. At 1,800 square feet, you're getting a fair amount of space for $2.25 million; there are currently two bedrooms, an interior "bonus" room, and the opportunity to create closet and storage space. But there's so much open space you'll always know you're in a Manhattan loft.
Tour this elegant loft

Distinctive Homes

February 6, 2018

This 68-square-foot Upper West Side ‘apartment’ is $950/month

By Hannah Frishberg

There is perhaps no greater testament to New York City’s appeal than the abundance of itty bitty, overpriced apartments in appealing neighborhoods. And this Upper West Side residence might just take the cake. The lister of the SRO at 148 West 70th Street at least appreciates how ridiculous the setup is. The apartment, located an avenue and a half from Central Park, is a measly 68 square feet – “yup you read that right,” the listing reads. A fifth-floor walkup in a brownstone with a communal bathroom, the apartment is renting for a whopping $950/month.
Step inside, if you can fit

West Side art center The Shed plans a pre-opening exhibit this spring

Rendering by NLÉ Works

February 6, 2018

West Side art center The Shed plans a pre-opening exhibit this spring

By Emily Nonko

About one year before opening in the spring of 2019, The Shed, the art center rising near Hudson Yards, will present a free event on an undeveloped lot at 10th Avenue and 30th Street. The multi-arts exhibit will happen between May 1st to May 13th, just one block away from the center's future home. "We are temporarily transforming an empty lot into a flexible public space for new work, collaboration, and dialogue," Alex Poots, CEO of The Shed said in a press release. That means a cool temporary space, designed by the architect Kunlé Adeyemi of NLÉ Works and artist Tino Sehgal, to host a variety of music, dance and performance.
Read more about the upcoming shows

Taylor Swift buys yet another Tribeca property, spending $50M on a single block of real estate

Google Street View of 155 Franklin Street; Taylor Swift via Eva Rinaldi/Flickr

February 6, 2018

Taylor Swift buys yet another Tribeca property, spending $50M on a single block of real estate

By Emily Nonko

Taylor Swift nabbed yet another Tribeca property--bringing her spending along Franklin Street to an astounding $47.7 million. The New York Post reports that she has just purchased a 3,540-square-foot unit on the second floor of 155 Franklin Street, the condo building where she already owns a duplex. The pop star paid financier Jeremy Phillips $9.75 million for it in an off-market deal. She bought her existing top-floor penthouse at 155 Franklin, which spans 8,000 square feet, from “Lord of the Rings” director Peter Jackson in 2014 for $19.95 million. Swift then bought the $18 million townhouse next door, at 153 Franklin Street, which comes with its own paparazzi-proof garage.
There's speculation to her latest purchase

NYC RENTALS: This week’s roundup of rental news & offers

Images (L to R): 325 Kent Avenue, Instrata Gramercy, 63 Wall Street and Watermark LIC

February 3, 2018

NYC RENTALS: This week’s roundup of rental news & offers

By Ondel Hylton

Images (L to R): 325 Kent Avenue, Instrata Gramercy, 63 Wall Street and Watermark LIC Leasing Launches at 490 Lefferts Avenue; New Brooklyn Rentals Start at $2,000/Month Long Island City Hot Block: Live at the Crescent Club and Get 1 Month Free 63 Wall Street Luxury Rentals: 2.5 Months Free on 17 Month Leases + […]

Real Estate Trends

February 2, 2018

For $2.8M, a sustainable Tribeca loft with wall tiles made of recycled car parts

Even at first glance this architect-designed loft in Tribeca's City Hall Tower at 258 Broadway seems to have all the best elements of downtown loft living: Beneath 14-foot ceilings, walls of windows wrap the space for views of City Hall Park and the neighborhood below, and a mezzanine level offers more sleeping and living room. But this $2.8 million co-op's secret superpower is sustainability, from walls of recycled post-industrial denim insulation and sound isolation to 100 percent VOC-free YOLO paint.
Have a look around this amazing loft

A pavilion made of metal grain bins will debut this summer on Governors Island

Renderings courtesy of Austin+Mergold in collaboration with Maria Park, and consulting engineers Chris Earls (Cornell) and Scott Hughes (Silman)

February 2, 2018

A pavilion made of metal grain bins will debut this summer on Governors Island

By Emily Nonko

"Oculi" is the latest winner of FIGMENT’s City of Dreams competition, an annual design contest challenging architecture and design firms to build a pavilion out of recycled materials to be assembled and displayed on Governor's Island. Last summer, visitors to the island were graced with a pavilion made out of more than 300,000 aluminum cans (the number of cans used in NYC in an hour), melted down and cast into cracked clay. This year, the competition is highlighting metal grain bins. A design by the firm Austin+Mergold, in collaboration with Maria Park (of Cornell University) and consulting engineers Chris Earls and Scott Hughes, will reuse old metal grain bins for a pavilion that establishes a visual connection between urban and rural ways of life.
Read more on the winning proposal

February 2, 2018

The Urban Lens: ‘Once in Harlem’ is a portrait of ’90s New York City

By Hannah Frishberg

6sqft’s series The Urban Lens invites photographers to share work exploring a theme or a place within New York City. In this installment, Katsu Naito shares his 1990s portraits from Harlem. Are you a photographer who’d like to see your work featured on The Urban Lens? Get in touch with us at [email protected]. In 1983, when Katsu Naito immigrated to America at the age of 18, he spoke barely any English. Growing up in Maebashi, a small city about 90 miles north of Tokyo, he had never heard of Harlem before moving to New York but was drawn to the energy of the neighborhood, quickly realizing he wanted to document it with his camera. Now, more three decades since he first fell in love with Harlem, Naito’s photos of the 'nabe's residents in the early to mid-‘90ss are being published in a book and unintentional time capsule titled “Once in Harlem,” out now from TBW Books. 6sqft chatted with Naito about his journey and what makes Harlem so special to him, and he shared a collection of his amazing images.
See them all here

Empire State Building looking for tenants to fill 50,000 square feet of retail space

Photo via Wikimedia

February 2, 2018

Empire State Building looking for tenants to fill 50,000 square feet of retail space

The landlords of New York City's most iconic skyscraper are looking to fill 50,000 square feet of retail space by 2020, even as brick-and-mortar businesses in Manhattan have struggled to stay open. According to Bloomberg, owners of the Empire State Building are marketing the tower's ground-floor, concourse and second-floor real estate, as the building undergoes a retail renovation for the first time since opening in 1931. Plus, the tower's observatory entrance will be moved from Fifth Avenue to 34th Street.
More this way

Real Estate Trends

Apply for a mixed-income apartment in a glassy new Hudson Yards tower, from $613/month

Photo: CityRealty

February 2, 2018

Apply for a mixed-income apartment in a glassy new Hudson Yards tower, from $613/month

By Andrew Berman of Village Preservation

CityRealty recently reported on the progress of the under-construction rental building at 515 West 36th Street, bringing us snapshots of the 39-story Midtown West tower, which topped out over the summer; next to arrive was its sleek glass facade. The mixed-use building will contain 250 rental units upon completion. A lottery launched today for 63 of those units set aside as low- and middle-income studios, one- and two-bedroom apartments. Qualifying New Yorkers earning 40, 60 and 130 percent of the area median income can apply for units ranging from $613/month studios to $2,733/month two-bedrooms.
Find out if you qualify

Affordable Housing

How an East Village building went from gangster hangout to Andy Warhol’s Electric Circus

Google Street View of 19-25 St. Mark’s Place today

February 1, 2018

How an East Village building went from gangster hangout to Andy Warhol’s Electric Circus

Fifty years ago this week, the Velvet Underground released their second album, "White Light/White Heat." Their darkest record, it was also arguably the Velvet’s most influential, inspiring a generation of alternative musicians with the noisy, distorted sound with which the band came to be so closely identified. Perhaps the place with which the Velvets have come to be most closely identified is the Electric Circus, the Andy Warhol-run East Village discotheque where they performed as the house band as part of a multi-media experience known as the "Exploding Plastic Inevitable." Many New Yorkers would be surprised to discover that the space the club once occupied at 19-25 St. Mark's Place has since been home to a Chipotle and a Supercuts. But the history of the building that launched the career of the godfathers of punk is full of more twists, turns, and ups and downs than one the Velvet’s extended distorted jams that once reverberated within its walls.
The whole history right here

History

Drew Barrymore checks out two ritzy co-ops on the Upper East Side

Photo of Drew Barrymore via Wikimedia

February 1, 2018

Drew Barrymore checks out two ritzy co-ops on the Upper East Side

Following a split from her husband in 2016, actress Drew Barrymore is looking for a new abode on the Upper East Side and has been touring apartments on some of the neighborhood's priciest blocks. According to the New York Post, the star scoped out two co-ops priced over $5 million, one at 965 Fifth Avenue and another at 1125 Park Avenue. At the Fifth Avenue digs, she saw a $5.3 million two-bedroom spread with expansive Central Park views. And over on Park, she got a look at a $5.495 million newly renovated pad. Interestingly, both places are a bit, shall we say, mature for what we'd expect from Barrymore.
See them both here

Aziz Ansari dropped $5.7M on this Tribeca loft right below Taylor Swift

Photo of Aziz Ansari via David Shankbone/Flickr

February 1, 2018

Aziz Ansari dropped $5.7M on this Tribeca loft right below Taylor Swift

Back in May, Rangers captain Ryan McDonagh sold his Tribeca loft at 155 Franklin Street, located directly below Taylor Swift's duplex penthouse in the celeb-studded building, for $5.7 million. Though the buyer's identity was shielded by an LLC, the Post now reports that it was none other than comedian and "Master of None" star Aziz Ansari. They don't disclose their sources, but assuming they're correct, Ansari's new three-bedroom spread boasts nearly 2,500 square feet, brick and timber-beamed ceilings, tons of exposed brick, and massive south- and east-facing windows.
Take the tour

Jon Bon Jovi sells West Village duplex for $16M

Photo of Bon Jovi via Wikimedia

January 31, 2018

Jon Bon Jovi sells West Village duplex for $16M

For $15.995 million, Jersey rocker Jon Bon Jovi has finally sold his duplex apartment at 150 Charles Street, a celebrity haven in the West Village. But the "Livin' on a Prayer" singer isn't moving too far away; he recently bought a nearly $19 million apartment in the Greenwich Lane, a condominium project that stretches almost a full city block between 12th and 11th Streets off Seventh Avenue. While Bon Jovi attempted to sell the duplex as a $29.5 million combo unit with a neighboring duplex this summer, the apartment went into contract alone, for $15.995 million, according to the Wall Street Journal.
Check it out

January 31, 2018

Live in ‘Imperial’ style next door to the Carlyle on the Upper East Side for $1.65M

When modern renovations happen to grand pre-war homes on the Upper East Side, the result is often predictable at best, or over-the-top and garish. This lofty two-bedroom co-op at 55 East 76th Street in an 1883 Neo-Grec brownstone known as the Imperial is definitely an exception. Acclaimed contemporary architect Louise Braverman was able to combine the sleekness of a modern loft and the elegance of pre-war architecture seamlessly in this unique home in a classic uptown setting. The co-op is asking $1.65 million with the opportunity to combine it with unit #12 at $3.63M for the pair.
See more of this elegant apartment

Distinctive Homes

January 30, 2018

Affordable senior housing development is the first building to open at Essex Crossing

By Dana Schulz

Nine months after the housing lottery launched at Dattner Architects' 175 Delancey Street, a 100 percent affordable building for seniors at the Lower East Side's Essex Crossing, Mayor de Blasio has announced that the development is officially open. Not only does this mark the first opening for the nine buildings rising at the 1.9 million-square-foot mega-development, but the ceremony held earlier today included the "emotional homecoming of six New Yorkers displaced from their homes 50 years ago" when the area's working-class tenement district was razed under a Moses-era urban renewal initiative. Since that time, debates over what to do with the vacant area raged on, with local residents and affordable housing advocates such as Frances Goldin advocating that it be used for low-income housing. To mark these efforts, and their ultimate success, 175 Delancey Street was named the Frances Goldin Senior Apartments.
Find out more here

Union Square tech hubbub heats up ahead of public review date with mayor’s latest rezoning bid

Rendering via NYCEDC

January 30, 2018

Union Square tech hubbub heats up ahead of public review date with mayor’s latest rezoning bid

In what may be shaping up to be one of New York City's biggest preservation battles of the coming year, Mayor Bill de Blasio's application Monday for a rezoning in order to move forward with a proposed tech hub at 124 East 14th Street in Union Square led neighborhood preservation and affordable housing groups to escalate cries of protest. Community organizations, including the Cooper Square Committee and the Greenwich Village Society for Historic Preservation (GVSHP), restated the urgent need for assurance that rezoning would come with protections for the adjacent residential neighborhood. Preservationists fear the creation of a new "Silicon Alley" near Union Square will bring rent hikes and more condo and office towers. The proposed tech center, which the mayor hopes will nurture budding entrepreneurs in the technology field and bring over 600 jobs to New Yorkers, is planned at the site of a P.C. Richard & Son store, in an area already filled with new developments with more on the way.
Find out more

January 29, 2018

$8.5K/month Chelsea duplex has a sweet roof deck and plenty of character

Right from the beginning you'll feel fortunate–if you can swing the $8,495 a month rent–living in this charming townhouse condominium at 360 West 19th Street: You'll only have one neighbor, as the building only contains two units. Two sun-filled upper floors hold the standard townhouse bounty of three bedrooms above a spacious living area, plus a private roof deck, all on a pretty Chelsea block.
Tour the duplex

January 29, 2018

New renderings revealed for Union Square’s Tammany Hall redevelopment by BKSK

The makeover of the landmarked Tammany Hall at 44 Union Square East, formerly home to the Democratic party machine that dominated New York City politics for years, continues to progress, with recently released renderings showcasing a bright, unique office and retail space. As CityRealty learned, there will be multiple retail scenarios on the building's first three floors, with three levels of office space, most likely for finance or TAMI companies, above. Designed by BKSK Architects, the top floor will feature the glistening, shell-like glass dome, allowing an abundance of natural light in, as well as spectacular Union Square views.
READ MORE

Two new Grand Street Guild towers will bring 400 all-affordable units to the Lower East Side

Proposed site; Image via Google Maps.

January 29, 2018

Two new Grand Street Guild towers will bring 400 all-affordable units to the Lower East Side

Housing organization Grand Street Guild has announced plans to build two 15-story towers as part of a 100 percent affordable housing project that will bring 400 new apartments–including over 150 reserved for seniors–to the Lower East Side. The not-for-profit group, which was formed by the Archdiocese of New York, is the owner of the 26-story Grand Street Guild towers, built in 1973 and home to over 1,500 residents, that surround St. Mary's Church on Grand Street. According to The Lo-Down, one of the proposed sites for the new towers is the corner of Broome and Clinton streets (now a parking garage) and another is 151 Broome Street, currently housing the Little Star Daycare Center.
Find out more

Bruce Willis sells $18M Central Park West co-op in just one week

Photo of Bruce Willis via Wikimedia

January 29, 2018

Bruce Willis sells $18M Central Park West co-op in just one week

Just a little over a week ago, Bruce Willis and wife Emma Heming Willis put their six-bedroom co-op at 271 Central Park West on the market for $17.75 million. They bought the duplex apartment back in 2015 for $17 million (from Milwaukee Bucks owner Wesley Edens), after Willis unloaded his nearby El Dorado co-op for $13 million. The couple recently decided to scale back since they don't spend enough time in the Upper West Side spread, and lucky for them the unit is already in contract, according to Curbed.
Check it out

January 26, 2018

Real estate bigwig drops $4.35M on Seth Meyers’ West Village condo