Manhattan

After Olayan America and Chelsfield revealed plans last week for a $300 million renovation of the building at 550 Madison Avenue, known as the AT&T Building, criticism quickly followed. Members of the architecture community, including New York architect Robert A.M. Stern, rallied together last Friday at the base of the Philip Johnson-designed skyscraper, to protest Snøhetta's proposal to replace the building's base with a scalloped glass front (h/t Dezeen). Protestors held signs that read "Hands off my Johnson," "Save the Stone," and "Save AT&T." Plus, a petition is currently being circulated on Change.org in an attempt to preserve Johnson's iconic AT&T Building by having the New York City Landmarks Preservation Commission officially designate it as a city landmark.
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My 824sqft: Extell Development’s VP of Architecture moves into Hudson Square’s 70 Charlton

6sqft’s series “My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to the Hudson Square apartment of architect Brooks McDaniel. Want to see your home featured here? Get in touch!

November 6, 2017

My 824sqft: Extell Development’s VP of Architecture moves into Hudson Square’s 70 Charlton

In 2013, the Hudson Square area was rezoned to allow residential development for the first time, and the first building to welcome tenants into the neighborhood was Extell Development's 70 Charlton Street. Though Beyer Blinder Belle are responsible for the industrial-style facade, it's actually Extell's team of in-house architects who got the ball rolling, as they do with all projects, from Billionaires' Row blockbusters like One57 and the Central Park Tower to downtown game changers like 555Ten and One Manhattan Square. For the past three years, Brooks McDaniel has worked as Extell's Vice President of Architecture. After experiencing first-hand their "level of design, quality of construction, and attention to detail," he decided to live in an Extell building. Wanting to move back to Manhattan from Brooklyn, he chose 70 Charlton for its clean, modern aesthetic and easy access to so many great areas. He recently gave us a tour of his custom-designed pad and filled us in on what it's like working for one of NYC's biggest developers.
Take the tour

More affordable senior housing units planned for Essex Crossing development

New rendering of 140 Essex Street courtesy of Beyer Blinder Belle

November 6, 2017

More affordable senior housing units planned for Essex Crossing development

Thanks to a $34 million loan from Wells Fargo, Delancey Street Associates closed last week on financing the construction of a 100 percent affordable senior building at 140 Essex Street, site 8 of the 1.9 million-square-foot Essex Crossing development. Originally, the project called for an 80/20 condo building, but developers decided to add 61 more affordable units to the building, bringing the number of affordable rentals at the Lower East Side complex to 561 out of 1,078 total units. Designed by Beyer Blinder Belle, the building at 140 Essex will rise 8 stories and include 92 affordable homes for seniors earning between 0 and 60 percent of the area median income, as well as 9,600 square feet of retail on the ground floor. Construction will begin soon, with an expected opening date sometime in 2019.
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FREE RENT: This week’s roundup of NYC rental news

Images (L to R): HOUSE39, THE CRESCENDO, THE LANE and 180 WATER STREET

November 4, 2017

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

By Ondel Hylton

Images (L to R): HOUSE39, THE CRESCENDO, THE LANE and 180 WATER STREET Live & Play at THE CRESCENDO: Unprecedented Rental in South Bronx Leasing from $2,100/Month [link] One-of-a-Kind Rentals Debut on West Houston Street in Storied Greenwich Village Building [link] Live at The Monterey: Leasing Special at Upper East Side Rental with Health Club […]

Real Estate Trends

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

Construction progress as of mid-October, via CityRealty

November 3, 2017

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

In May 2012, TF Cornerstone (TFC) entered a 99-year ground lease for the building's site that spans nearly a full city block and measures 63,000 square feet. Now topped out and fully skinned, the massive rental at 606 West 57th Street has a less flashy appearance than renderings previously hinted, but still features an impressively imposing, boxy design, as CityRealty reported. Designed by Arquitectonica, the 42-story, 1.2 million-square-foot building will contain a whopping 1,028 apartments. It joins other West Side gems like the Helena and the pyramid-shaped, Bjarke Ingels-designed Via57 West.
See it here

Jane Jacobs-developed West Village Houses may be replaced by luxury complex to preserve affordability

West Village Houses. Courtesy New York City Municipal Archives

November 3, 2017

Jane Jacobs-developed West Village Houses may be replaced by luxury complex to preserve affordability

As the clock ticks down on a significant and decades-old property tax break for residents of the 420-unit West Village Houses, developer Madison Equities has proposed a possible solution–with a price, Crain's reports. The unassuming affordable West Village cooperative located between West Street and Washington Street was developed in the 1970s by Jane Jacobs. The tax break expires in March, and residents are scrambling to find a solution to offset the impending increase in monthly fees. The development firm has attempted to entice shareholders with another option: an offer to purchase the buildings, demolish them, and allow current residents to snag affordable apartments in a new 42-building development that would span seven sites bounded by Washington, Morton, West and Bank streets. The new development, which would add yet another massive apartment complex to the low-rise neighborhood would also include luxury units.
What are the options?

Affordable Housing

November 2, 2017

Rent Jon Hamm’s Upper West Side penthouse for $15,000/month

Sadly, it doesn't sport the mid-century vibes of "Mad Men," but Jon Hamm's Lincoln Square penthouse is still pretty incredible. The Don Draper portrayer and then-girlfriend Jennifer Westfeldt bought the two-bedroom penthouse at 40 West 67th Street in 2013 for $2.5 million and then undertook a renovation. The longtime pair split in 2015, which could be why they've now decided to put the place up for rent for $14,995 a month. It's not huge, at 1,000 square feet, but it does boast two terraces, a huge dining room with two skylights, and plenty of pre-war details original to the Rosario Candela-designed building. Plus, it's located on one of the city's most coveted blocks.
Take a tour

November 2, 2017

Chef-owned Chelsea loft boasts a serious kitchen for $2.3M

By Emily Nonko

This Chelsea loft belongs to a chef, food stylist and cookbook author--so you better believe the kitchen is going to impress. The 1,600-square-foot apartment, once a gritty live/work loft at 236 West 26th Street, has been renovated with chef-friendly details over the years. According to the listing, "The loft had been a cooking school in one of its reincarnations and looks like it." The 22-foot-long kitchen is decked out with industrial cabinetry, stainless steel appliances and tons of counter space, which is lined in Carrara marble. After previously hitting the market in 2006 for $1.698 million--it looks like it never sold--it's back up for grabs at $2.249 million.
Get a look

Distinctive Homes

‘Good Wife’ star Josh Charles buys Devonshire House pad in the Village for $6.3M

Image courtesy of the Stein Team of Sotheby’s Downtown. Credit: Scott Wintrow/Gamut Photos.
Josh Charles image: Wikipedia.

November 2, 2017

‘Good Wife’ star Josh Charles buys Devonshire House pad in the Village for $6.3M

By Andrew Berman of Village Preservation

Alec Baldwin and Amanda Seyfried just got a new celebrity neighbor at the venerable Greenwich Village condo Devonshire House at 28 East 10th Street. According to the Post, "The Good Wife" star Josh Charles just purchased a three-bedroom home at the celebrity-loved building for $6.3 million. According to records, the actor recently sold a two-bedroom condo at 42 East 12th Street for $3.75 million.
Take a look

‘The Alamo’ turns 50: A history of the Astor Place cube

1980s photo of the Alamo surrounded by mural, vendors, & musicians. © Greenwich Village Society for Historic Preservation Image Archive.

November 2, 2017

‘The Alamo’ turns 50: A history of the Astor Place cube

On November 1, 1967, an enigmatic 20-foot-tall cube first appeared on a lonely traffic island where Astor Place and 8th Street meet. Though several months before the release of "2001: A Space Odyssey," the one-ton Cor-Ten steel sculpture shared many qualities with the sci-fi classic’s inscrutable "black monolith," at once both opaque and impenetrable and yet strangely compelling, drawing passersby to touch or interact with it to unlock its mysteries. Fifty years later, Tony Rosenthal’s "Alamo" sculpture remains a beloved fixture in downtown New York. Like 2001’s monolith, it has witnessed a great deal of change, and yet continues to draw together the myriad people and communities which intersect at this location.
Learn about the cube's entire 50-year legacy

November 2, 2017

Fabled East Village triplex with retractable screen overlooking 14th Street asks $4.2M

Beginning in 2006, the conversion of a boarded-up brownstone at 224 East 14th street has been too fascinating to avoid headlines. The features that make the four-unit “Brownstone East Village” so noteworthy: on the second floor, a facade of honeycomb-patterned aluminum with a brownstone veneer can be automatically retracted to bare the home’s interiors to the bustling traffic of 14th Street just outside. At the rear, a glass- and steel-paneled garage door raises to open the kitchen onto the open air of an urban lawn. The project's architect, Bill Peterson, moved into the garden triplex with the retractable facade screen and garage doors; Philadelphia developer Alon Barzilay purchased the home from Peterson in 2014 for $2.355 million. Now, this traffic-stopping two-bedroom triplex is back on the market asking $4.2 million.
Check it out, this way

Distinctive Homes

Mike Myers drops price of groovy Soho penthouse to $14M

Photo of Mike Myers via Wikimedia

November 1, 2017

Mike Myers drops price of groovy Soho penthouse to $14M

Mike Myers' penthouse in Soho has hit the market again, but this time the pad at 72 Mercer Street is listed nearly $3 million cheaper. First listed for $16.95 million in 2015, the comedian then tried adding another unit for a combo price of $21.5 million a few months later, but no one took the bait (h/t Curbed NY). Now, the spacious duplex is currently asking $13.95 million. The 4,204-square-foot penthouse includes 3-4 bedrooms, a private roof deck, super high ceilings and massive skylights.
See inside

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

Rendering of 229 Cherry Street, via Extell Development

November 1, 2017

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

The housing lottery for Extell Development's affordable housing building in the Lower East Side has officially launched. The 13-story development at 229 Cherry Street and sits right next to the group's amenity-filled, luxury condo, One Manhattan Square. Designed by Dattner Architects, residents at 229 Cherry Street will have access to a landscaped terrace, fitness center and a lounge. Qualifying New Yorkers earning 60 percent of the area median income can apply for $947 per month studios, $1,017 per month one-bedrooms and $1,230 per month two-bedrooms.
Find out if you qualify

Affordable Housing

3 Hudson Boulevard loses 100+ feet in new renderings

A new rendering of 3 Hudson Boulevard, via FXFOWLE/Moinian Group

November 1, 2017

3 Hudson Boulevard loses 100+ feet in new renderings

A revised proposal for the Moinian Group’s Hudson Yards tower 3 Hudson Boulevard calls for a slight height chop, which will strip it of its supertall status. A redesign from FXFOWLE now brings the total square footage to 2 million square feet from a previous 1.8 million and lowers its height to 940 feet tall from 1,050 feet. Instead of 63 floors, the tower will rise 53 floors in this new design. To match standards for today’s modern office, the building will now feature larger floor plates, higher ceilings and a terrace on the eighth floor. As the New York Post reported, a groundbreaking ceremony will be held this Friday with elected officials, celebrating the reboot.
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November 1, 2017

One Vanderbilt’s outdoor observation deck may tie for highest in NYC

Nearly a year ago, developer SL Green confirmed that their 1,401-foot supertall One Vanderbilt, set to be the city's second tallest building behind One World Trade Center, would boast a 1,020-foot observation deck, which would have made it the third-highest indoor-outdoor observatory in the city after the forthcoming 1,100-foot deck at 30 Hudson Yards and the 1,050-foot deck at the Empire State Building (One World Observatory is at 1,250 feet, but it’s not outdoors). However, new details and diagrams uncovered by NY Yimby show that it may actually stand at 1,100 feet, tying for the city's highest.
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November 1, 2017

Charming duplex in an Upper East Side clapboard house asks $695K

If you have to have half of your apartment in a basement, English or otherwise, this one-bed-plus-bonus-room duplex at 229 East 81st Street is the one you want. The co-op known as Canterbury Mews occupies two buildings on a Yorkville block lined with gracious townhouses and well-tended brick. In front is an eight-unit 20th century apartment building and around the back is a 19th century white clapboard house. Between the two is a lovely landscaped patio, which is what you'll look out onto from this compact charmer asking $695,000.
Get a peek inside

Distinctive Homes

October 31, 2017

Vornado pitches new Moynihan Train Hall for Amazon’s second headquarters

Earlier this month, New York City officially pitched four neighborhoods to house Amazon’s HQ2: Long Island City, the Brooklyn Tech Triangle, Lower Manhattan and Midtown West. During its third-quarter earnings call Tuesday, Vornado Realty Trust said the Moynihan Train Hall remains at the forefront of the city’s Midtown West bid, citing the project’s proposed 730,000 square feet of office space and 120,000 square feet of retail as meeting the retailer's key requirements (h/t Commercial Observer). Vornado, along with Related Companies, Skanska USA, and architecture firm Skidmore, Owings & Merrill, is converting the former James A. Farley Post Office into the Moynihan Train Hall, an effort led by Governor Andrew Cuomo to create a world-class transit center.
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Uncategorized

My 1,760sqft: Real estate mogul and jetsetter Emir Bahadir shows off his custom West Village loft

6sqft’s series “My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to the West Village apartment of real estate mogul, entrepreneur, and professional jetsetter Emir Bahadir. Want to see your home featured here? Get in touch!

October 31, 2017

My 1,760sqft: Real estate mogul and jetsetter Emir Bahadir shows off his custom West Village loft

Growing up as an heir to a generations-old Turkish real estate empire, Emir Bahadir divided his time among London, Switzerland, Istanbul, and New York, and while being "exposed to all different types of fashion and arts from a very young age" got him hooked on design and art, it was the "energy" of NYC that ultimately got him. After moving here eight years ago to study at NYU, 25-year-old Emir has now founded his own brokerage and development firm, BHDR, and amassed an Instagram following of more than 600,000. Part of this media success stems from his personal brand Bahadiring, where he's able to "share his top-of-the-line lifestyle with the world... featuring everything from a clothing line to cosmetics." One representation of his luxurious taste is his West Village loft, which he describes as masculine, sleek, and bold. Emir embarked on a 14-month renovation with architect Mark Stumer after purchasing the home three years ago, and he's now opened the doors to give 6sqft a special look at his contemporary art collection, custom-made furniture including a library with leather shelves and drop-down movie theater, and family heirlooms.
Take the full tour

Snøhetta tapped as lead architect for $300M Sony Building restoration

Rendering of 550 Madison Avenue, via DBOX/ Snøhetta

October 30, 2017

Snøhetta tapped as lead architect for $300M Sony Building restoration

Over the last few years, plans to refurbish the former headquarters of AT&T and Sony Building at 550 Madison Avenue have come and gone, including a proposal to convert the upper floors into luxury condos designed by Robert A.M. Stern. Now, with those plans long abandoned, Olayan America and Chelsfield revealed plans on Monday for a $300 million renovation of the tower, modernizing the lower levels of the building with high-quality amenities and a sprawling 21,000-square-foot public garden. With Snøhetta as lead architect, the renovation will be the first major project in East Midtown since its revitalization plan was approved earlier this year.
See the new design

Architecture And Design

October 30, 2017

Seth Meyers’ $4.5M West Village condo is in contract after only a month

Just over a month after listing his West Village condo at 302 West 12th Street for $4.5 million, the “Late Night” host has reportedly found a buyer for the two-bedroom unit (h/t Curbed). Meyers and his wife, Alexi, purchased the pad for $3.5 million in 2013, but last summer they dropped $7.5 million on a five-bedroom co-op at 32 Washington Square West.
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Roman Abramovich buys fourth townhouse on Upper East Side block for $96M mega-mansion

Rendering of the revised LPC proposal from June 2016; via Steven Wang Architects

October 30, 2017

Roman Abramovich buys fourth townhouse on Upper East Side block for $96M mega-mansion

In the wake of Mayor de Blasio's claims that Russian oligarchs "basically stole the wealth of their country with the help of their government" and then used these "ill-gotten gains" to buy up property here in the city, one of the country's best-known billionaires, steel magnate and owner of the Chelsea Football Club Roman Abramovich, has purchased a fourth townhouse on a landmarked Upper East Side block in order to create an unprecedented mega-mansion. According to the Post, Abramovich's latest buy was a secret one but brought his total assemblage up to a whopping $96 million. Though he could've created the "biggest home the city has ever seen," reps for architect Stephen Wang tell us that the project will still remain a three-townhouse combination, now with a different trio included.
More details ahead

Celebrities

October 30, 2017

Global interiors and a 1,000-square-foot garden put this $1.8M East Village maisonette in a class by itself

This impeccably decorated one-bedroom garden maisonette at 645 East 11th Street has East Village charm, international flair and a claim to the "largest private garden in Manhattan." Adding to the apartment's unique style is the treasure trove of interior details that reflect the owners' extensive travels to Asia, Bali and elsewhere including ceiling fans from the Metropole Hotel in Vietnam, a rosewood fireplace mantel, 19th century mahogany doors, a 19th century Chinese armoire and 10-foot teak walls surrounding a dozen bamboo trees in teak planters in the massive back garden.
Take the tour

Distinctive Homes

October 29, 2017

For $1.25M, Juliet balconies and an enchanted garden create romance on the Upper West Side

This bright and cozy garden duplex co-op at 24 West 69th Street on the Upper West Side has pre-war details like high beamed ceilings, built-in bookshelves, crown moldings, French doors and two Juliet balconies; but it's the 731-square-foot private enchanted garden just outside those French doors that makes this one-bedroom-convertible-to-two such a charmer.
Have a look

Distinctive Homes

Images (L to R): CHELSEA29, 800 UNION, ARC and 363 BOND

October 28, 2017

This week’s roundup of NYC rental news

By Ondel Hylton

Images (L to R): CHELSEA29, 800 UNION, ARC and 363 BOND New Rental Tower ‘Chelsea29’ Offers Two Months Free & Launches Affordable Housing Lottery [link] Brand New Rentals Debut in Ridgewood at ‘The Mill’ from $2,000/Month [link] Exclusive Residences Debut at 91 Crosby Street in SoHo, Including Rare $30K Triplex Penthouse [link] Rentals Debut at […]

Real Estate Trends

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Penthouse rendering (Aman Resorts)

October 27, 2017

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Taking its name from an elaborate pyramid-shaped crown, the Crown Building at Fifth Avenue and 57th Street has been described as one of the city's most desirable retail locations. Michael Shvo and Russian developer Vladislav Doronin bought the non-retail upper floors of 730 Fifth Avenue in 2015 and filed plans to redevelop the Billionaires' Row property, and new details have been revealed, CityRealty reports. An 83-key luxury hotel with a three-story spa, a members-only lounge, a jazz club and cigar bar and two restaurants will start on the fourth floor. Above the hotel, 20 luxury condominiums known as Aman New York Residences will start on the 11th floor. The building's crown jewel will be a 14,000 square-foot five-story penthouse on floors 22-26 asking $100 million.
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New Developments

October 27, 2017

Proposal for gap along East River greenway calls for two wave-like lanes and flexible outdoor rooms