Manhattan

Curbed spotted the freshly launched teaser site for the Chetrit Group's Sony Tower conversion, now going by the name 550 Madison, which revealed several new details about the project. The most notable is that Robert A.M. Stern will be designing the "opulent" condos, and we assume this includes the $150 million triplex penthouse. Interestingly, Stern was once a student of Philip Johnson, who is responsible for the ground-breaking Sony Building. In all, there will be 113 condo units on floors 21-43, up from the previously reported 96, as well as a 170-key luxury Parisian hotel and high-end ground-floor retail.
More details this way

December 2, 2015

This Sun-Filled Upper East Side Townhouse Triplex Is $35K a Month–Classy Furniture Included

This three-story 1890 townhouse at 53 East 75th Street fits in perfectly with its neighbors on a classically elegant Upper East Side street just two blocks from Central Park. On the rental market for $35,000 a month, this tony triplex gives you over 4,000 square feet of living space, including an elevator and plenty of windows and sunlight, particularly from the kitchen's wall of solarium windows–great for soaking up rays on winter days.
Explore all three floors

Distinctive Homes

December 2, 2015

‘Today’ Show Meteorologist Dylan Dreyer Lists Her Upper West Side Co-op for $862,000

By Emily Nonko

Dylan Dreyer, who you can see giving the weather report on the "Today" show, is selling her cute Upper West Side co-op at 107 West 82nd Street. The weather woman moved in with her husband, "Nightly News" cameraman Brian Fichera, after they got hitched in 2012. And it seems like she really enjoyed this pad–she has told the "Today" show that "I love that the kitchen is open to the rest of the living space” when offering a tour of her apartment. But she's looking for a nice profit, listing it for $862,000 after buying for $580,000. This is a pretty standard one-bedroom, one-bathroom, with an open kitchen that looks out onto the open living and dining area. It's located in the Broadway Corridor of the Upper West Side, as part of a 58-unit co-op over three different brownstone buildings.
See more

December 1, 2015

Tribeca ‘Inverted Warehouse Townhouse’ of Concrete, Glass and Corten Steel Asks $20M

Behind the unassuming facade of an 1890s Tribeca warehouse at 75 Warren Street (once home to the Rumsey Pump & Machine Co.), this five-story, 10,000-square-foot modern-industrial home is the kind of townhouse you don't see every day, at any price. Introduced as "the most architecturally significant townhome to come to market downtown in over 20 years," this unique residence saw a complete redesign by innovative architecture firm Dean/Wolf, known for their ability to use architectural constraints as powerful generators of form, that took five years and a budget of $4.5 million. The house departs from the more commonly seen eight-figure townhomes and penthouses in two main ways. First is the inverted layout and second, the designers used innovative forms like Corten (weathering) steel panels, hung and layered with frameless art glass that floats through three floors, illuminating unexpected places; a glass-wrapped courtyard/terrace at the home's core that becomes a prism; a 23-foot skylit ceiling; and double-story bookshelves that hang into the den from the fourth floor.
See all this and more

December 1, 2015

NYC Dominates the Country in $10 Million-Plus Sales, See Them All on 6sqft’s Interactive Map

In October, Coldwell Banker Previews International released their semi-annual report tracking the real estate trends and market activity in U.S. cities that attract the largest share of high-net-worth individuals (HNWIs). Unsurprisingly, New York City leads the lists of most closings recorded and listings on the market priced above $1 million, $5 million, and $10 million between the one-year period of July 1, 2014 and June 30, 2015. More astounding, however, is that the number of closings recorded in the city above the $10 million price point is more than the sum of all deals in the next 19 cities on the list combined. According to the study, NYC raked in 217 residential closings of $10 million or more, followed by Beverly Hills and Los Angeles with 34 each. New York again leads the way with 367 listings priced at $10 million or more, followed by Miami Beach, Aspen, and Los Angeles. Regarding New York City, historical data from CityRealty tallies up a slightly higher number of $10 million+ closings over the same time period, totaling 241 such deals. The recently crowned most expensive building in the city, One57, garnered the greatest number of $10M-plus sales for a single building with a remarkable 30 deals -- which by itself is more than all cities in the country aside from the top three. The supertall tower was then followed by a three-way tie between 15 Central Park West, One Madison, and the Walker Tower.
Explore the $10M+ closings and listings on 6sqft's interactive map

Real Estate Trends

Affordable Housing Lottery Launched for Related’s Yorkville Rental Tower at 205 East 92nd Street

Photographs from mid-October of 205 East 92nd Street by the photoblogger Field Condition.

December 1, 2015

Affordable Housing Lottery Launched for Related’s Yorkville Rental Tower at 205 East 92nd Street

Related Companies' playground-pouncing rental tower at 205 East 92nd Street has launched its housing lottery that provides below-market rents for 47 of the building's 231 units. The 36-story tower is in its home stretch of construction, prepping for occupancy in early 2016. Vested in the city's and state's Inclusionary Housing /421-a programs, 20 percent of the units will be reserved for low-income tenants. Fifty percent of the subsidized units will be reserved for residents of Manhattan Community Board 8 (covering the Upper East Side and Roosevelt Island) and an additional 5 percent for municipal employees. Selected applicants will be provided apartments at a tremendous discount when compared to the neighborhood's market-rate rents. According to CityRealty, the median rental price for a one-bedroom in Yorkville stands at $3,210; and $5,398 for two-bedroom apartments. Affordable one-bedrooms at 205 East 92nd will start at $607 and two-bedrooms at $736.
More details and pricing

December 1, 2015

Museum Architect-Renovated Tribeca Townhouse With Subterranean Vault Sells for $13.8M

By Annie Doge

A red-brick townhouse with some legit architect cred behind it has just sold for a very discounted $13.8 million, much lower than its original $18 million ask. The property at at 148 Reade Street was constructed in the 1990s by Guenther Petrarca, and later renovated by famed museum architect Richard Gluckman (his clients include the Whitney and the Gagosian Gallery). The glass and stone mansion boasts 6,800 square feet of space to stretch out in, which includes a media room, a playroom, an elevator, a private garage on the ground floor, and a 500-plus-square-foot duplex terrace with 360-degree views and a waterfall wall. There's also a pretty cool 23- by 24-foot vault that sits below the sidewalk, a feature that harkens back to site's 19th century roots when subterranean vaults were the norm.
have a closer look inside

December 1, 2015

Ring In the New Year at One World Observatory for $7,000

Thought that $100 New Year’s Eve cover at your favorite bar was steep? It’s nothing compared to the rates to ring in 2016 atop One World Trade Center. DNAinfo reports that the Observatory is hosting a black-tie-optional soiree for which tickets will range from $500 to $6,750, a far cry from the normal $32 rate […]

Events & Things To Do

November 30, 2015

Infographic: The 12 Most Expensive Condo Buildings Rising in NYC

By Diane Pham

While it seems like every block in the city is host to a construction site throwing up some luxury condo building or pricey rentals, not all of these developments are created equal. Following up on their last infographic which rounded up the city's top five most expensive new developments, the data gurus over at CityRealty have culled an even more extensive list which pinpoints the 12 priciest structures going up right now. While the number of zeros that follow their combined $20,000,000,000 sellout will make your head hurt, what's even more mind-boggling is that these 12 buildings alone will count for nearly HALF of the money that'll be generated by the 200+ condo projects underway in Manhattan.
All the details here

November 30, 2015

This Cozy, Elegant UES Duplex Is the Perfect Manhattan Winter Retreat

With its toasty fireplaces–including one in the master bedroom–elegant pre-war details, dark chocolate floors and walls of casement windows for watching the snowflakes fall on gorgeous historic homes, this duplex at 170 East 78th Street looks like a prime spot to make the most of a Manhattan winter. The designed-to-the-nines 1927 co-op is asking $2.995 million, with a considerable monthly fee of almost $5,000; interestingly, the ask is less than the $3.5 million price that accompanied its turn on the market in 2010. On a gorgeous Upper East Side Block, this pre-war home is as classic as it gets; though it's listed as a two-bedroom, a look at the floor plan shows possibilities for one or two more with ease. Rooms are gracious and bright, and we can totally see boughs of holly, New Year's Eve merriment and snow days before a roaring fire in just about any of them.
Step inside where it's warm

Distinctive Homes

November 26, 2015

Architect-Owner of This Polished-yet-Casual Village Loft Asks $3M

Century-old bones and clean white walls frame the well-proportioned interior spaces of this warm, sophisticated two-bedroom loft in Greenwich Village, the result of a recent gut renovation by the architect-owner. John Berg of BergDesign Architecture, with his wife Jennifer Desmond, purchased the sunny downtown co-op at 250 Mercer Street for $1.5 million in May of 2013, two years and an impressive renovation ago. The bright high-floor unit is now on the market for $2.9 million. We’ve featured some of the architect’s projects, and this apartment's renovation is detailed on the BergDesign site, with the imperative of keeping "three priorities: durability, casual living and contrasting rich materials" for a family with small children in mind.
Have a look at how a gut renovation transformed the space

Distinctive Homes

November 25, 2015

$40M Penthouse Occupies the Clock Tower Dome of Nolita’s Famed Police Building

By Emily Nonko

Who doesn't love to take a look inside the Police Building, the 1909 Beaux Arts NYPD headquarters converted to condos in 1988? Back then, residents were sure to maintain the building’s fantastic architecture and created varied floor plans with soaring ceilings and open layouts. Today, it's known for its uber-unique apartments. This is the building that brought us the wood-paneled, domed master bedroom and this funky loft with 18-foot ceilings. And now, take a peek inside the 6,000-square-foot penthouse apartment that occupies the building's clock tower dome. This was once the home of Calvin Klein and Steffi Graf, but the current owners pulled off quite an impressive renovation—one that uncovered a secret room. The grand renovation comes with an even grander asking price, a whopping $39.9 million (h/t Curbed). And as you would expect, it is as drool-worthy as can be.
See inside here

November 25, 2015

Historic Palace Theater to Get Raised 29 Feet to Accommodate New Retail Space

At a public hearing yesterday the Landmarks Preservation Commission approved a plan drawn up by Platt Byard Dovell White Architects (PBDW) for Maefield Development to raise the historic 1913 Palace Theater 29 feet in order to accommodate expanded facilities and new retail space underneath. The decision isn't sitting well with preservationists, but the exterior of the theater was replaced in the early 1990s to make way for the 45-story adjacent DoubleTree hotel, and as the Wall Street Journal reports, the actual theater space is an interior landmark and the $2 billion redevelopment project will restore the decorated interior and add 10,000 square feet of theater facilities.
More on the history and future of the Palace Theater

The Most Important Towers Shaping Central Park’s South Corridor, AKA Billionaires’ Row

Carter Uncut brings New York City’s development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter kicks off a nine-part series, “Skyline Wars,” which will examine the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. To start, Carter zooms in on the biggest developments shaping the southern corridor of Central Park.

November 25, 2015

The Most Important Towers Shaping Central Park’s South Corridor, AKA Billionaires’ Row

By Carter B. Horsley

They did not come from outer space when they landed on our front yard while the NIMBY folk and the city’s planners and preservationists weren’t looking. Some are scrawny. Some are dressed like respectable oldsters. They’re the supertalls and they’re coming to a site near you.
read more here

The City’s Prettiest Food Emporium, Famous for Its Guastavino Tiles, Is Closing

Photo by missvancamp on Flickr

November 24, 2015

The City’s Prettiest Food Emporium, Famous for Its Guastavino Tiles, Is Closing

Guastavino tiles–a design technique for thin-tile structural vaulting brought to New York at the end of the 19th century by Spanish architect and builder Rafael Guastavino and his son Rafael Jr.–can be seen at 250 locations throughout the city. Most of these spots have grand public purposes, such as Grand Central, the Cathedral of St. John the Divine, or the Municipal Building. But one locale has gained famed for its very un-grand function as the home of a grocery store. The Food Emporium underneath the Queensboro Bridge has occupied one half of the Guastavino-tiled arcade known as Bridgemarket since 1999. This Saturday at 5:00 p.m., though, it will close its doors for good, according to Bloomberg, which leaves the fate of the historic interior up in the air.
Find out more

Real Estate Trends

November 24, 2015

Revealed: Zambrano Architectural Design’s Striking Yellow-Brick Rental in Central Harlem

Here's our first look at Dabar Development's eight-story, mixed-use project set to rise at 400 Lenox Avenue in central Harlem. The 40,000-square-foot development will anchor the southeast corner of West 130th Street and Lenox Avenue and will house 30 rental units, 2,000 square feet of retail at the ground level, and a second-floor community space for Pentacostal Faith Church, the owner of the project site. The design provided by Zambrano Architectural Design rises flush with the street wall and sports a distinctive yellow-brick cladding of "elongated artisanal bricks." According to Dawanna Williams, managing principal at Dabar, "the facade is inspired by the historical masonry context of the surrounding blocks of Harlem." The two uppermost levels are cutaway from the corner resulting in a large recreational terrace for residents. As per plans filed with the DOB this past summer, floors 2-6 will contain six apartments each, while floors 7 and 8 will provide four units apiece.
More on the project

Renderings © Bjarke Ingels Group via Yimby

November 23, 2015

REVEALED: Bjarke Ingels’ Brand New High Line Towers

By Diane Pham

Back in February it was revealed that HFZ Capital Group was in talks to bring a “monumental” new structure to a lot at 76 11th Avenue in the Meatpacking District right along the High Line. And between shortlisted architects Rem Koolhaas and Bjarke Ingels, in April the developer decided to move forward with starchitect-of-the-moment Ingels for the high-profile project. Now Yimby has our first look at the design that may rise atop the coveted site: two very angular, asymmetric towers measuring 402 and 302 feet, with 800,000 square feet for a hotel, retail, amenities and about 300 luxury condos.
see more renderings here

November 23, 2015

$1.7M West Village Co-op Feels Prim and Proper

By Emily Nonko

Here's a co-op apartment that has everything in place, prim and proper as can be. It's a one-bedroom, two-bathroom unit that's located on the second floor of a West Village townhouse at 53 Horatio Street. The pre-war brick building, constructed in 1848, also looks pretty proper and stately, without any adornments or flourishes. That is carried to the interior, which has a nice but not extravagant design. The apartment was last listed in 2013 for $1,100,000, then sold soon after for $1,040,000. Two years later, the owners are looking to make a sizable profit with an ask of $1,699,000.
See the rest

Distinctive Homes

November 23, 2015

Listings Go Live Today for NYC’s First Micro Apartment Complex

Carmel Place (formerly known as My Micro NY), the city's much-talked-about first micro apartment complex, began accepting applications for its affordable studios back in September (since then, 60,000 people have applied). And now, a press release from developer Monadnock has announced that listings for 12 of the market-rate units will go live today in anticipation of the February opening date. Along with the launch comes news of Ollie, "an innovative housing model that delivers an all-inclusive living experience." The nine-story modular development will have 55 studios ranging from 260 to 360 square feet, 22 of which will be affordable (of these, 8 will be set aside for formerly homeless veterans) and go for between $950 and $1,500 a month depending on family size and income. The remaining 33 will see prices ranging from $2,540 for a 265-square-foot, furnished, third-floor unit to $2,910 for a 335-square-foot, furnished, second-floor unit.
Find out more

November 23, 2015

Former House & Garden Editor Lists Upper East Side Co-op for $4.75M

If you're fan of the elegant, old-fashioned Upper East Side, pre-war co-ops and stylishly-decorated interiors, you can't go wrong with this five-room, two-bedroom-plus home at 563 Park Avenue. The seller is the former editor-in-chief of Travel + Leisure magazine (and before that, Condé Nast's House & Garden, where she replaced Anna Wintour as EIC), Nancy Novogrod and her husband, John, an estate attorney; so we'd expect that show-house-worthy interiors are a given.
READ MORE

Distinctive Homes

November 22, 2015

Revealed: Boutique Condos Coming to 231 West 26th Street in Chelsea

Here's our first look at a seven-unit boutique condominium slated for a mid-block site at 231 West 26th Street in northern Chelsea. The developer is the New York-based Azimuth Development Group who plans to supersize the existing four-story building between Seventh and Eighth Avenues. Permits were filed and approved earlier this year and DOB signs have already been posted on the doorway. The 24-foot addition will blot out a few floors of lot-line windows of the adjacent co-op 233 West 26th Street, where a three-bedroom home is on the market for $4.5 million, a price that will likely be similar to its new neighbor.
More details ahead

REX Revealed as the Architects Redesigning the World Trade Center Performing Arts Complex

Image pointing to the site of the Performing Arts Center at the World Trade Center. Rendering by DBOX

November 20, 2015

REX Revealed as the Architects Redesigning the World Trade Center Performing Arts Complex

By Diane Pham

Ever since Frank Gehry and his design for the Performing Arts Center at the World Trade Center (PACWTC) site got the boot last year, many have been eager to know who would be taking the helm in his place. Since July, the PACWTC has been working with an anonymous architectural firm to hash out a new concept, and now, nearly five months later, the board has finally released the name of the lead architect: Brooklyn-based studio REX led by Joshua Prince-Ramus, a former protégé of starchitect Rem Koolhaas. PACWTC chairman John Zucotti said in a statement, "The selection of REX and the Lower Manhattan District Council’s renewed commitment are critical milestones in our collective effort to create a vibrant new cultural and community anchor for all of Lower Manhattan. We are now two important steps closer to completing the World Trade Center and fully realizing our vision of Lower Manhattan as the world’s most dynamic, 24/7 urban community."
more details on the design here

City Will Start Accepting Proposals for Underground Lowline Space

Lowline Lab via 6sqft

November 20, 2015

City Will Start Accepting Proposals for Underground Lowline Space

In 2009, James Ramsey and Dan Barasch started planning a solar-powered subterranean park on the Lower East Side, the underground equivalent of the High Line. They set their sites on the 60,000-square-foot abandoned Essex Street Trolley Terminal below Delancey Street and named their project The Lowline. Now, six years later, they've launched the Lowline Lab, "a high-tech, miniaturized precursor to the city’s first underground park," as 6sqft put it in a recent interview with Ramsey and Barasch. Located in a vacant warehouse on Essex Street, the Lab most certainly served its purpose, as The Lo-Down is reporting that the city and MTA have finally agreed to accept proposals for the space. The Economic Development Corporation (EDC) will release on Monday a Request for Expressions of Interest (RFEI), followed by a briefing next month with Community Board 3.
Find out more ahead

November 20, 2015

Nate Berkus and Jeremiah Brent List Their Greenwich Village Penthouse for $10.5M

By Annie Doge

Back in September Architectural Digest dedicated a whole cover plus photo spread to Nate Berkus and Jeremiah Brent "settling in" to their pristine apartment, a penthouse at the Emery Roth-designed 39 Fifth Avenue in the heart of the Village. While the pair spent the better part of the piece gushing about how they'd finally found their dream home (“We couldn’t stop thinking about the apartment, believing we were meant to live there...we were able to create the home of our dreams," Brent said to AD at one point), it looks like the family, which includes their young daughter Poppy, couldn't quite get as comfy as they'd hoped, because they've just listed their spacious pad for $10.5 million.
Tour their beautiful penthouse

November 20, 2015

This Upper East Side Townhouse Makes Up in Charm What It Lacks in Its 13-Foot Width