Manhattan

October 21, 2016

Nomad real estate prices nearly double in five years as record-breaking listing hits the market

Prices in Nomad shot up a whopping 43 percent over the past five years, according to a new index from CityRealty, a marked increase that the developers of 212 Fifth Avenue may have been aware of when they put a $68.5 million price tag on their building’s triplex. If the sprawling apartment sells for anywhere near its asking price, it will set a record as the most expensive sale in the neighborhood, where other new developments have already raised the ceiling on the area’s sale records.
More Nomad data ahead
October 21, 2016

Renderings revealed for Gensler’s communal sky lobby at One World Trade Center

Tenants at One World Trade Center who occupy floors above 65 are required to change elevators at the 64th floor. When the building opened its doors two summers ago, the Durst Organization noticed that these elevator banks became a natural mingling area, and so decided to forego plans to make the space into offices and instead keep it open as an open sky lobby. Commercial Observer got a first look at renderings of the commons designed by Gensler, whose principal and design director Tom Vecchione referred to it as "a shared piazza for the entire building." In addition to a cafe, it will offer a game room and a 180-person meeting room that can be split into two or host fitness and yoga classes.
More renderings and details ahead
October 21, 2016

Designation of South Village Historic District may mean approval for massive St. John’s Terminal project

The Landmarks Preservation Commission's plans to add 10 additional blocks to the South Village Historic District are at the top of the agenda for city preservationist groups. As Crains reports, the addition of the historic district is also a condition for a City Council vote in support of the St. John's Center development, a 1.7 million-square-foot, mixed-use project proposed for 550 Washington Street across the street from Pier 40 in Hudson River Park. That project requires the council's approval, and City Councilman Corey Johnson said in August that he'd vote for the project, proposed by developers Westbrook Partners and Atlas Capital Group, if the addition of the third and final phase of the historic district, currently bordered by Sixth Avenue, West Fourth Street, LaGuardia Place and Houston Street, goes forward. The Greenwich Village Society for Historic Preservation (GVSHP), among others, has pushed for the landmarking of what would be the city's first tenement-based historic district.
Find out more
October 21, 2016

Bankrupt Gawker founder Nick Denton lists Soho loft for $4.25M after judge denies rental attempt

After the infamous $140 million Hulk Hogan lawsuit, Gawker founder Nick Denton owes $1.73 million on the mortgage of his Soho loft with a monthly payment of $14,985, according to court filings uncovered by the Wall Street Journal. Just as Univision took over his former company in August, he tried to rent the pad at 76 Crosby Street, but a bankruptcy judge denied the transaction. He's now listed his home for $4.25 million, which would certainly make a dent in the $10 million that he owes as part of the invasion of privacy judgment.
More views and drama
October 21, 2016

Preserved Dakota apartment of late ‘All in the Family’ actor Carroll O’Connor sells for $2.8M

When this perfectly preserved residence at the Dakota hit the market in July 2015, it was asking $3.6 million, but after a price chop to $2.93 million, it's found a buyer. The Observer reports that the gorgeous co-op was home to actor Carroll O'Connor--Archie Bunker from "All in the Family"--until he passed away in 2001, from which point his wife Nancy Fields O’Connor maintained ownership until her death in 2014. The new owners paid $2.84 million for the two-bedroom home, which retains original historic details like "huge arched windows with marble sills and built-in shutters... blended patterned hardwood floors, extra tall solid wood doors with original fixtures and etched glass, distinct moldings and the original sunburst copper grills," as 6sqft previously described.
See the whole place
October 20, 2016

Annabelle Selldorf will design Frick Collection renovation

It's been almost a year and a half since the Frick Collection scrapped plans for a controversial expansion from Davis Brody Bond that would have gotten rid of the property's gated garden to make way for a six-story addition. The Times reports today, though, that the Board is moving ahead with a new version of the renovation, selecting starchitect Annabelle Selldorf from a pool of 20 firms who submitted proposals. She's already worked on museum renovations at the Neue Galerie and the Clark Art Institute in Massachusetts, and according to Frick director Ian Wardropper, "She’s somebody who has a clear vision of respect for historical buildings but at the same time has a clean, elegant, modernist aesthetic that is very much about welcoming visitors today."
Get the full scoop
October 20, 2016

Jean Nouvel’s MoMA Tower is getting the first of its intricate, diagrid skin

News at starchitect Jean Nouvel's condominium MoMA Tower (officially called 53W53) has been relatively quiet since units hit the market just over a year ago. But CityRealty brings us an update from the Billionaires' Row construction site, where the 1,050-foot-tall, tapered tower is currently getting the first of its intricate, diagrid skin, which the architect once said will resemble blood running the veins with its nighttime lighting.
More details and views this way
October 20, 2016

Listings go live for Extell’s amenity-filled Hudson Yards Skyscraper 555Ten

After launching its affordable housing lottery for 120 below-market rate units back in May, 555Ten has revealed pricing for its 478 market-rate rentals, ranging from $3,150/month studios to $6,250/month two-bedrooms. Designed by SLCE Architects and developed by Extell, the 610-foot, 53-story glassy skyscraper will offer an over-the-top amenity package (including a dog run, two salt water pools, and a bowling alley) and custom-designed interiors from McGinley Design. The model units are open for business, and we're told that the amenity spaces will start to reveal themselves later this week in anticipation of November occupancies.
Find out more here and get a first look at the model units
October 20, 2016

A $5M price chop for the former Upper West Side mansion of Charles Schwab

There's been a significant price drop at one of the most interesting mansions of the Upper West Side. Designed by the famous architect C.P.H. Gilbert, this 11,500-square-foot, six-story abode was occupied by moneyman and steel magnate Charles Schwab between 1914 and 1917. After that, it became the “scandalous love nest” for the mistress of industrialist George Gould. Last year the property was put up for sale asking a cool $20 million, and now it's trying its hand again with a considerably lower asking price of $14.995 million.
See more of the grand interior
October 20, 2016

‘Shark Tank’ guru Barbara Corcoran unloads Upper East Side co-op for $4.8M

Real estate legend and "Shark Tank" star Barbara Corcoran bought a glamorous duplex penthouse on the Upper East Side back in April 2015. She and her husband, former FBI agent William Higgins, dropped $10 million on the pad, quite the steal considering it originally listed for $17 million. A year later, they listed their other home in the 'hood, a classic Rosario Candela-designed co-op at 1192 Park Avenue. Now, five months later, they've unloaded the home for $4.87 million (h/t NYP), just under the $4.9 million asking price and a good deal more than the $3.5 million they bought it for in 2000.
See the apartment here
October 20, 2016

For $675K this industrial-chic West Village mini-loft is small but seductive–unless you’re afraid of heights

Located in everybody's favorite part of the West Village–among the neighborhood's lovely and leafy historic streets but within blocks of the Whitney, the High Line and the Hudson River–this bright, funky, artist-designed studio at 92 Horatio Street is certainly not without its charms, including white-painted brick, a well-designed and stylish kitchen and bath, 12-foot ceilings and a custom-built lofted sleeping area that gets the bed and storage up and out of the way.
Get a closer look
October 19, 2016

$16.75M townhouse owned by artist Angel ‘Vlady’ Oliveros boasts banisters from the Plaza Hotel

This West Village townhouse, at 245 West 13th Street, has been given loads of personality by one of its owners, the artist Angel “Vlady” Oliveros. Not only did he do all the artwork for the striking home, he also sourced lots of historic items to complete the decor. To get to the the third and fourth floor bedroom levels, you travel up a restored staircase and vintage banisters sourced from New York's Plaza Hotel. A bathroom is outfitted with antique earthenware soaking tub from the 1920s. And there's lots more to gawk at inside the house, now on the market for $16.75 million.
Take the grand tour
October 19, 2016

East Harlem rezoning would allow for towers of up to 30 stories tall

In 2003, East Harlem received a boost when the Bloomberg administration pushed through a plan to rezone a whopping 57 blocks of the neighborhood. The initiative (the first of its kind in 40 years) allowed for increased density along First, Second, and Third avenues, while preserving the lower slung mid-blocks in between. Following the change, the area saw more than a dozen buildings of 8-12 stories sprout up along its busiest stretches. Now, the de Blasio administration is looking to build even bigger, and on Tuesday officials presented their latest upzoning proposal (pdf), a plan that would allow towers up to 30 stories tall to be constructed in the area.
more here
October 19, 2016

My 1,400sqft: Inside Puppet Maker Ralph Lee’s Live/Work Space in Westbeth Artists Housing

When the old Bell Telephone Laboratories building was transformed to the Westbeth affordable artists' housing in 1970, one of the original creatives to move in was Ralph Lee, a theater jack-of-all trades who is best known for his larger-than-life puppets and masks. His whimsical creations served as the props for the very first Village Halloween Parade, an event that has since grown into an annual, nationally-known event. Today, his characters from the early days of the parade adorn his eclectic live/work studio in Westbeth, where he still lives and continues to make puppets and masks for his company the Mettawee River Theatre. Ralph recently invited 6sqft into his space, where we got up close and personal with the puppets and were able to see how the magic happens.
Learn about Ralph's storied career and get a special look at his home and studio
October 19, 2016

Listings go live at 15 Hudson Yards, the development’s first residential building

In anticipation of its sales launch, 15 Hudson Yards released a slew of new renderings last month, showcasing "new views of the bundled quad of cylinders that make up its body, as well as its rectilinear base that will abut the Shed," as 6sqft reported. And now without further ado, listings for the 285 market-rate condos (there will also be 106 affordable rentals) have officially come online, ranging from a $3.7 million two-bedroom on the 25th floor to a $13.8 million penthouse on the 84th floor, according to Curbed.
Find out more and see renderings and floorplans
October 19, 2016

An art dealer’s loft plus a superfancy townhouse equal this $10M Tribeca triplex

There's a room for just about everything in this 5,500-square-foot triplex loft at 178 Franklin Street–including a coatroom, art studio, darkroom, home office and library, atrium courtyard, five bedrooms, three entrances, and one elevator. From the outside, the 1915 brick building has the same historic loft appeal as its Tribeca neighbors, promising industrial charm, columns and wood beams, soaring ceilings, and lots of exposed brick. The interior space delivers all of the above plus just about every luxury detail an all-out renovation can confer, including half a dozen flavors of Italian marble, remote-controlled toilets, magical showers, a kitchen range the size of an SUV, and custom everything else you could possibly buy for $9.9 million.
Explore the triplex
October 19, 2016

Lottery opens for nine $774/month SROs on foodie-friendly Hell’s Kitchen block

If you earn between $24,480 and $38,100 annually, live alone in Manhattan Community Board 4, and don't mind sharing a bathroom with your neighbors, this might be the housing lottery for you. Nine $774/month SROs are up for grabs at Stardom Hall at 330 West 51st Street in Hell's Kitchen. The brownstone tenement occupies half of a single room occupancy complex, one of only four left in the neighborhood. The units do come with kitchenettes, and there's a community room, backyard, laundry room, and on-site social services for low-income or formerly homeless households with special needs. Plus, it's located on one of the trendiest restaurant blocks in the 'hood (Ippudo, Aria Wine Bar, and Maria Pia, to name a few).
Find out about the controversy behind this project
October 18, 2016

‘The Chew’ host Michael Symon selling historic West Village townhouse for $5.8M

Chef Michael Symon--co-host of "The Chew," Food Network personality, and restauranteur--picked up the narrow, turn-of-the-century townhouse at 58 Downing Street in April 2015 for $5.14 million, but just a year and a half later, he's put the West Village home back on the market, reports Curbed. He's not looking to make much of a profit, listing it for only $5.8 million, despite what the listing calls a renovation "for a contemporary lifestyle" and its plethora of historic details and stylish decor.
See the whole place
October 18, 2016

Knicks player Lance Thomas scores $3.56M Tribeca condo

Nets players might be gobbling up Brooklyn real estate, but when it comes to the Knicks it's all about staying near MSG in Manhattan. Recently, both Sasha Vujacic and Kristaps Porzingis rented units in Midtown West's fitness-centric Sky, and Joakim Noah picked up a $6 million Chelsea penthouse. Now, forward Lance Thomas is settling down a bit farther south, as LLNYC reports that he dropped $3.56 million on a sprawling Tribeca triplex at 52 Lispenard Street, which makes sense since he recently inked a four-year, $27 million deal with the team.
See his new home
October 18, 2016

Bethenny Frankel checks out Robert DeNiro’s former $20M West Village penthouse

It hasn't even been a week since Bethenny Frankel triumphantly sold her $7 million Tribeca loft in just one day, but the Skinny Girl is already back on the hunt. The Post reports that she and "Million Dollar Listing's" Fredrik Eklund (he's also responsible for her recent sale) checked out a $20 million West Village penthouse yesterday. The incredible, 11,000-square-foot duplex at 165 Perry Street--which boasts glass floors, floor-to-ceiling windows, several landscaped terraces around a central courtyard, and a seven-car garage--was famously rented by Robert DeNiro for two years after his Upper West Side apartment caught fire in 2012.
Check out the jaw-dropping space
October 18, 2016

SL Green breaks ground on One Vanderbilt, NYC’s second tallest tower – see new renderings

Yesterday 6sqft brought you a time-lapse video showing an entire Midtown block being demolished to make way for the 1,401-foot supertall One Vanderbilt. Now with a cleared site—plus $1.5 billion in construction financing secured—SL Green is ready to build anew, and Tuesday morning the developer held an official groundbreaking ceremony to mark the momentous occasion.
see more here
October 18, 2016

Bill Ackman thinks he can flip One57 penthouse for $500M

When hedge fund manager Bill Ackman closed on a $91.5 million penthouse at One57 in April 2015, he had already boasted that he had no intention of ever living in the place, but that he'd host parties there and eventually flip it as a "fun" investment. It seems that over the past year and a half, Ackman, whose net worth is estimated at $1.6 billion, has gotten even more optimistic, as a source close to him told Vanity Fair that he thinks he'll be able to sell the 13,500-square-foot duplex for $500 million. As The Real Deal notes, this claim comes despite the fact that other units in the building have been recently listed at a loss and that his fund Pershing Square Capital is down to $11.4 billion under management from $20 billion in March of 2015.
More on this ahead
October 17, 2016

Timber framed loft transformed to two-bedroom condo asks $2.75M in Tribeca

This two-bedroom apartment, at the condo 288 West Street in Tribeca, practically luxuriates in all its lofty details. The former timber frame loft building still retains much of its incredible interior, which has left this apartment decked out with ceiling beams, arched brick entryways, wood floors and high ceilings. It has just hit the market for $2.75 million after trying to sell earlier this year for $3.175 million.
Peek inside
October 17, 2016

Diego Rivera’s psychedelic Rockefeller Center mural was destroyed before it was finished, 1934

In 1932, Mexican artist Diego Rivera was commissioned by Nelson Rockefeller to add a mural to the soaring lobby of Rockefeller Center. Despite being known for his petulant temper and loyalty to Communism, Rivera was still one of the most highly sought after artists of his time, lauded for his creative genius and his detailed paintings. But politics, artistic vision, power and wealth collided in 1934 when a displeased Rockefeller had the very mural he commissioned from Rivera chiseled off the wall the night before it was to be completed.
read about the mysterious mural here
October 17, 2016

$14.5M Annabelle Selldorf-designed Chelsea duplex was once a YMCA gym and running track

If you’ve got $14.5 million to invest, and you'd like living in Chelsea, you should grab this loft at 213 West 23rd Street right away. Because someone will. Lofts–even expensive architect-designed ones–make a stunning first impression but often disappoint when it comes to livability. This space, however–in the landmarked former home of the McBurney YMCA, whose gymnasium and running track make up the living areas–is a winner. Designed by Annabelle Selldorf, with interiors by Jeffrey Beers, this remarkable duplex spans a full 7,000 square feet, split between two levels with a soaring 29-foot-high living space at the center. Rooms–including four bedrooms–are organized in an intelligent and gracious plan for glamorous entertaining as well as maximum comfort and privacy.
Check out this amazing space (and find out more cool trivia about it)
October 17, 2016

Watch the time-lapse demolition of an entire Midtown block for supertall One Vanderbilt

6sqft recently reported that One Vanderbilt, developer SL Green's new Midtown supertall, has secured $1.5 billion in financing, giving the green light to the 1,401-foot-tall, full-block office tower slated to rise at One Vanderbilt Avenue between 42nd and 43rd Streets directly adjacent to Grand Central Terminal. Demolition of a full block of commercial buildings next to Grand Central began a year ago to make way for the tower. Now, YIMBY brings us a time lapse video of the lengthy demolition courtesy of  One Vanderbilt’s PR team.
Watch an entire block of pre-war buildings disappear