Manhattan

The South Street Seaport Museum may not be one of New York City's glitziest institutions, but it's certainly one of the most resilient and perhaps the one most closely tied to the founding of the city itself. Using actual historic buildings and ships to provide interactive exhibits and educational programs, the museum tells the story of New York's rise as a port city and how that led to the development of the entire country. But the seaport location became all too real in 2012 when Hurricane Sandy ravaged the entire historic district, leaving the museum with $20 million in damages and the loss of its institutional partner, the Museum of the City of New York. Now, three years later, the South Street Seaport Museum is sailing into new territory, thanks in large part to its recently appointed executive director Captain Jonathan Boulware, a lifelong sailor, marine educator, expert in historic ships, and all-around lover of maritime history and culture. In August, Boulware and his team landed a $10.4 million FEMA grant to repair the storm damage, and in May, the museum launched a $10.6 million city-funded project to restore Wavertree, one of the museum’s most significant historic ships. With these exciting developments underway, we caught up with Captain Boulware to learn a bit about his background, what visitors can expect at the museum, and where the institution is heading.
Read the interview

October 21, 2015

Tribeca ‘Suburban’ Mansion With Pool and Three-Car Garage Chops Price to $44.5M

When you think about a home with a pool, a full-house backup generator and a three-car garage, downtown Manhattan probably isn't the first location you think of–but this off-the-hook urban mansion at 2 North Moore Street in the heart of Tribeca could rival many a compound in the Hamptons. The turnkey billionaire’s bunker was built in 2008 and purchased in 2010 by financier Mark Zittman for $24 million, who hit recycle and put it back on the market unchanged in 2014 for $48M; after having no luck finding a buyer, the price was reduced to $46 million, 50-foot skylit lap pool pool, three-car garage and all. Now, with a $1.5M reduction, the search continues. The fact that you could fit an entire hotel inside this 11,200 square-foot dusky-hued modern masterpiece (whose facade actually does resemble a chic downtown boutique hotel a bit) will surely appeal to someone, though there’s definitely a limited market for eight-figure suburb-in-the-city dwellings, so it may take a while.
More inside this way

Distinctive Homes

October 21, 2015

POLL: Will the Sale of Stuy Town to Blackstone Make It a More or Less Desirable Place to Live?

The hot topic right now in the real estate world is undoubtedly the $5.3 billion sale of Stuyvesant Town to the Blackstone Group and Canadian investment firm Ivanhoe Cambridge. Aside from the huge sum and the fact that the apartment complex has been long-plagued, what makes this deal so huge is that the new owners agreed to […]

October 20, 2015

SHoP’s Essex Crossing Mega-Market Will Be One of Largest in the Nation

The $1.1 billion Essex Crossing project will be a 1.65 million-square-foot, mixed-use mega-development anchored by 1,000 residential units and a mix of cultural, community, and retail facilities. Of course, a project of this magnitude is not without controversy, and perhaps the biggest debate was over the loss of the 75-year-old Essex Street Market. But new details have emerged on how the market will actually be expanded and transformed into one of the five biggest markets in the country, according to Curbed. Known as the Market Line, the bi-level space designed by SHoP Architects will cover 150,000 square feet and connect three sites along Broome Street. It will be a foodie/retail promenade with a floating garden, beer hall, galleries, tech incubators, and, according to renderings, an outpost of Smorgasburg.
More details ahead

October 20, 2015

Clever Room Divider by Jordan Parnass Triples as Queen-Sized Bed and Storage Unit

Living efficiently in a studio apartment definitely requires careful planning, and one of the largest challenges is separating the bedroom from the living area. This custom-fabricated millwork insertion designed by Jordan Parnass Digital Architecture for a Battery Park studio, solves that problem, and a few others as well. In addition to providing the studio with a bedroom divider, the piece also holds additional storage and display shelving.
see more here

October 20, 2015

Blackstone Buys Stuy Town for $5.3 Billion, Will Preserve Affordable Housing

The saga of Stuyvesant Town continues. The Real Deal reports that the Blackstone Group has partnered with Canadian investment firm Ivanhoe Cambridge to buy Stuy Town and Peter Cooper Village for $5.3 billion, just slightly under 2006's $5.4 billion sale. Currently, more than half of the 11,200 apartments in the long-plagued complex (which was built under Robert Moses as affordable housing for veterans returning from WWII) are market rate. And as TRD notes, "As part of the new agreement with the city, Blackstone will reserve 4,500 units at the complex for middle-income families for the next 20 years... An additional 500 units will be slated for low-income families, and Blackstone will not attempt a condominium conversion at the complex." In order to keep the affordable units, the city will provide $225 million in funding; give Blackstone a $144 million low-interest loan through the Housing Development Corporation; and waive $77 million in taxes.
Find out more about the deal

October 19, 2015

Eeeek! This Frightful $550K Village Fixer-Upper Is a Diamond in the (Very) Rough

To kick off Halloween season, 6sqft has found a listing that will strike terror in the heart of anyone looking to move right in; this underdressed underachiever of a "one-bedroom" co-op at 138 West 10th Street looks just a fright. The listing throws in the towel and offers, "West Village pre war one bedroom wreck in beautifully preserved building on one of the most sought after tree lined blocks.” Which, if you think about it, is only one word away from lots of folks' dream apartment. Once you get past the completely spooky condition of the small but well-located space, it's worth noting that it actually has quite a bit going for it given its $550,000 ask, which, though more than the price of a Brooklyn cemetery plot, is far less than you'd pay for the average Village one-bedroom apartment. But it’s clearly up to you, brave buyer–plus an architect, a contractor and a lot of patience–to clear away the cobwebs and make the dream happen.
Follow the screams

October 19, 2015

Subway Inn Site May Get a 1,000+ Foot Supertall Tower

It was almost two years ago that rumors starting circulating that beloved dive bar the Subway Inn would be forced out of its 77-year home in the wake of being purchased by the World Wide Group as one of six parcels on 60th Street between Third and Lexington Avenues. The bar did close in August 2014, but relocated to a new space around the corner on Second Avenue. This past summer, Cushman & Wakefield worked with World Wide to market/sell the assemblage, using renderings of a glassy supertall tower and talk of nearby Billionaires Row to sweeten the deal. Now, the Commerical Observer reports that Chinese developer Kuafu Properties bought the 19,685-square-foot plot for $300 million, getting one step closer to bringing the 1,000+ foot-tall condo to reality.
More details and renderings ahead

October 19, 2015

Candy Entrepreneur Lists Glassy, Modern UES Condo for a Sweet $6M

By Emily Nonko

When most people think Upper East Side real estate, they think of historic and grand co-op apartments and townhouses. This condo, located in a very modern and very glassy building at 147 East 84th Street, is an exception. The three-bedroom duplex pad is outfitted with floor-to-ceiling windows, fancy fixtures, some bold wallpaper and a screening room to boot. Simply put, it's anything but a historic old residence. It has been on and off the market for a few years now, with a price tag right around $5 million, and now it's asking $6.495 million. The seller is candy entrepreneur Mark Tarnofsky, who listed just in time for Halloween.
Check it out

Distinctive Homes

October 18, 2015

$7,500/Month Greenwich Village Loft Looks Good Even With All Its Carpet

By Emily Nonko

In the world of New York real estate, there's generally a rule: wood floors are good, and carpeting... not so much. It gets dirty, doesn't look as authentic, and there are usually gorgeous wood floors hiding underneath. This is especially true for loft apartments, which are typically dominated by wood flooring throughout. But not this one, at 12 East 14th Street in Greenwich Village. And you know what? We don't hate it. Maybe it's the handsome blue color and the way it blends into the furniture. Or the idea of having a nice cushion underneath our feet. (Plus, this loft hasn't totally abandoned its wood floor roots... you'll find some in the kitchen and the hallways.) The co-op apartment is now on the rental market for $7,250 a month. It comes fully furnished, so the renter is going to have to embrace that carpet living.
See more

Distinctive Homes

October 16, 2015

Rather Modest UES Townhouse Has Five Floors, Seven Fireplaces, Two Kitchens, Mail Center and Elevator

We've pretty much seen it all when it comes to no-holds-barred luxury in an Upper East Side townhouse, and this five-story, 7,000 square-foot specimen at 17 East 83rd Street is by no means the most opulent. But when the listing starts with "elevator townhouse," you know you're probably not in for a lot of skimping. And when you learn there's a "separate service entrance/mudroom with paw washer," and a "mail center," well, Billionaire's Row is looking a just a bit like Dogpatch... The current owners of this Manhattan mansion—an investor and an interior designer—purchased it for $2.9 million in 1998, which, sure, was 20 years ago, but if they get anywhere close to their ask of $24.5 million, it's still quite a payday. A tidy sum, it's true, must have been spent on renovations in this townhouse-that-treats-you-like-a five-star-hotel–though now that we think of it, where's the pool?
Take the tour (good thing there's an elevator)

Distinctive Homes

October 16, 2015

New Renderings of Handel Architects’ Torqued 43-Story Rental Underway Near Grand Central

Groundwork on BLDG Management's 43-story rental tower at 222 East 44th Street is quickly moving forward now that the large block-through parking garage that occupied the site has been removed. The 441,000-square-foot development situated midblock between Second and Third Avenues will house 429 residential units, 87 of which will be deemed affordable. East 44th Street is among the most densely built streetscapes in the city, and will be more so once three other high-rises projects on the stretch are complete. But as 6sqft reported in August, the 556-foot-tall, Handel Architects-designed development employs a unique massing where its elevations are torqued away from the street wall, granting additional light and air to residents.
This way for more details and renderings

October 16, 2015

Robert Stuart Fills His West Village Condo With Thoughtful Details for a Past Reimagined

This gorgeous, rustic West Village condo belongs to designer Robert Stuart from Rob Stuart Interiors. Located on Perry Street, his city oasis was used as a warehouse in the 1980s, so was in desperate need of some personality when he moved in. With his own home as his canvas, the designer took advantage of the massively high ceilings, wood burning fireplace, and panoramic NYC views. Before renovations were installed, the space was stripped down to its bare bones and every corner and detail was put in place to design a home of the past reimagined.
See it all here

October 15, 2015

First Full Look at Extell’s 80-Story One Manhattan Square, 800 Condos Aimed at Asian Buyers

Bloomberg News reported yesterday that the restless developer Gary Barnett will soon begin marketing the 800 condominiums of his upcoming One Manhattan Square development to Asian buyers first. Apparently not satisfied with erecting two of the tallest and priciest residential buildings in the city, One57 and the Central Park Tower, the Extell Development Company founder and CEO is busy laying the groundwork for one of the largest condominium towers in the city at the foot of the Manhattan Bridge. Going by the address 252 South Street, the bipartite tower is being designed by Adamson Associates Architects (AAI) and will soar 80 stories tall, roughly to the same height as the Comcast Building (former GE/RCA Building) in Midtown. At nearly 850 feet, the tower will be the tallest skyscraper on the island between Midtown and downtown, and by far the tallest building directly along the waterfront. Its staggering 800 units will fall just short of the city's largest individual condo-tower, the 816-unit Corinthian in Murray Hill.
More details on the development

October 15, 2015

For $1.5M, a Neon Yellow Spiral Staircase and Private Roof Deck in a Chelsea Modernist Gem

We don't know the exact size of this Chelsea duplex-plus-roof-deck penthouse at 365 West 19th Street, but it's configured as a one-bedroom with office space, and from the floor plan there's not much extra room to spare. That said, the spaces that have been created in this out-of-the-box home are as easy on the eyes as they'd be to live in. And its price tag of $1.5 million—especially given its prime location and architectural uniqueness—seems almost reasonable.
Explore all three levels, this way

Distinctive Homes

October 15, 2015

Make Beautiful Music in Ira Gershwin’s Noted UWS Penthouse, Listed for $6M

By Annie Doge

If these walls could sing, they'd probably belt out a Gershwin brothers tune. One of the two adjoining penthouses occupied by George and Ira Gershwin has just hit the market for $5.99 million, The Post reports. The two apartments, located at 33 Riverside Drive, were quite the party pad for the two brothers back in the day; a famed locale that welcomed legendary celebs like Ethel Merman (incidentally, the brothers were said to have written "Girl Crazy" within its walls). The pair called the two penthouses home from 1929 until 1933, and now Ira's space is up for grabs.
More photos inside the home this way

October 14, 2015

Art Titan Larry Gagosian Sells His Upper East Side Carriage House for $18M

By Diane Pham

Art mogul Larry Gagosian has just closed a deal on the sale of his Lenox Hill mansion at 147 East 69th Street, according to property records just released. Gagosian sold the sprawling home to fellow art buff Sasha Bauer, chairman of the SculptureCenter in Long Island City, for an impressive $18 million. Gagosian purchased the property back in 1988, transforming the former carriage house (of a late 19th century millionaire, nonetheless) into a single family residence called "House for a Bachelor." The renovation, which was completed by architect Francois de Menil, made way for Gagosian's multi-million dollar collection of artworks that included pieces by Andy Warhol, Roy Lichtenstein and Picasso. The redesign of the property even won a 2000 AIA New York Design Award for interior architecture.
See inside the stunning home here

October 14, 2015

Gracie Mansion Reopening for Public Tours Next Month With a New Art Collection

Gracie Mansion will reopen for public tours starting next month, and visitors will be welcomed with a new, diverse art collection. According to the Wall Street Journal, "Mayor Bill de Blasio’s wife wanted the art and objects inside the 1799 home where her family now lives—one of the oldest surviving wooden structures in New York City—to be a broader and more accurate reflection of the city as it looked in the late 1700s and early 1800s." She therefore brought in 49 new works that include "portraits of freed slaves, historic documents, imported goods and items traded to American Indians." The new installation is called "Windows on the City Looking Out at Gracie’s New York" and will be unveiled at an open house on October 25th.
READ MORE

October 14, 2015

Robert A.M. Stern’s 520 Park Avenue Finally Reaches Street Level, $130M Penthouse on Its Way

Two years since its groundbreaking, Zeckendorf Development's tower o' opulence at 520 Park Avenue has finally emerged from its cavernous trench. Set for completion in 2018, the Billionaires' Row building will climb 54 floors and 780 feet into the Manhattan skyline, becoming the tallest and likely the most prestigious building on the Upper East Side. Envisioned by William Lie and Arthur Zeckendorf, 520 Park Avenue inherits the classically-inspired taste of the real estate dynasty's prior projects. In the '80s, their father William Zeckendorf Jr. erected some of the city's largest post-modern apartment complexes such as Worldwide Plaza, Zeckendorf Towers, and the Park Belvedere. Here, the developers commissioned the esteemed architect/historian and dean of the Yale School of Architecture Robert A.M. Stern as the designer and SLCE as the architects of record. This team also collaborated together on 18 Gramercy Park South and 15 Central Park West, which shattered apartment records when it opened in 2008. Intent on replicating its west side counterpart's success, the Zeckendorfs again gathered the now-not-so-secret ingredients: a powerful address, palatial apartments, and most importantly, the coveted Central Park view, all of which will culminate in a jaw-dropping $130 million penthouse.
More on the project's status

October 13, 2015

This $30/Week Grimy Lower East Side Bar Bathroom Is a Hot Ticket

There's not a lot we haven't seen in terms of less-than-ideal but overpriced real estate, from an $1,800 Manhattan rental with a shower in the kitchen to a $1.2 million trailer in the Hamptons. And just last week, a story surfaced about a cupboard-like rental underneath a London stairwell going for $750 a month. To poke fun at the absurd lengths people go to in order to live in the city's best neighborhoods, Alana Reali, a bartender at Lower East Side dive bar Local 138, posted an ad on Craigslist advertising the bar's 15-square-foot graffiti-covered bathroom as a $30/week rental, reports the Post. Calling it a "hip artist loft," the listing says "room includes a window, a door, your very own bathroom and walls dressed with authentic NYC street art. Hot water included. I provide a space heater for the winter months." Shortly after posting, Reali was inundated with requests, like this one from a gullible NYU student: "This place is perfect for me and I am interested, only I did not really understand how the situation works. Can you please elaborate a bit?"
Read the full

City Living

October 13, 2015

This $5.5M West Village Pad Has a Glass Catwalk and Will Make Your Frienemies Very Jealous

Whether or not it’s your actual dream apartment, this three-bedroom co-op at 377 West 11th Street in the lovely and leafy West Village has New York City dream apartment written all over it. It’s that one you’d want if you were going to throw a casual cocktail soiree and invite your ex, your ex-boss, those mean girls from the eighth grade or pretty much anyone you wanted to impress to the point of torment with your perfect life, starting with your perfect $5.5 million apartment. The one with a glass-encased floating catwalk. Says the listing, "At 3,200 square feet, this sprawling home has everything you could want in a New York apartment.” Everything, except your extremely envious ex.
Let’s give the party guests a tour

Distinctive Homes

October 13, 2015

252 East 57th Street Tops Off Construction Ten Years After Innovative Public-Private Partnership

Soaring more than 700 feet into the Midtown East skyline, World Wide Group and Rose Associate's 252 East 57th Street has officially topped out. Yes, it's hard being a stand-out skyscraper in Manhattan these days; some 30 years ago, the tower would have been the highest apartment tower in the city, just besting Trump Tower and Olympic Tower on Fifth Avenue. Today, the 57-story building is the shortest and eastern-most of six super-towers underway along the southern periphery of Central Park that have been raising average building heights and asking prices to new levels.
More details ahead

October 13, 2015

Upper East Side Townhouse by Blair Harris Boasts Opulent Details and Regal Allure

Blair Harris Interior Design is relatively new to the New York design scene, but the work they've been churning out thus far is simply stunning. This beautifully decorated Upper East Side townhouse boasts an array of opulent textures, colors, and patterns, and the carefully curated furniture and light fixtures give the home a regal allure. The architectural details include floor-to-ceiling windows, ornate ceiling medallions, handsome molding, and decadent built-ins.
Take a look around

October 12, 2015

New Renderings of One Vanderbilt Show the 1,500-Foot Tall Tower Set in the Skyline

By Diane Pham

Outside of a $1.1 billion lawsuit, news on the One Vanderbilt front has been relatively quiet. The supertall tower received unanimous approval back in May by the City Council and since then demo at the site has been underway. But now, NY Yimby has gotten ahold of some new renderings that offer additional views of the KPF-designed tower—in particular, how the 1,500-foot behemoth will fit in with the existing NYC skyline. Once the building is constructed, it will be one of the tallest skycrapers in the city with a roof height exceeding that of One World Trade's. And as noted by YIMBY, One Vanderbilt will also be the first building in Midtown east to surpass the Chrysler Building in height (which, if you look closely at the above rendering, you can see demurely reflected in the building's glass).
see more here

October 12, 2015

Fashion Photographer Francesco Carrozzini Asks $16M for Historic Greenwich Village Townhouse

By Emily Nonko

This Greenwich Village townhouse at 88 MacDougal Street is full-on historic from the outside, and completely chic once you walk through the doors. The seller is fashion photographer Francesco Carrozzini, who the Daily News says is singer Lana Del Rey's boyfriend, and who has photographed the likes of Angelina Jolie, Naomi Campbell, Beyonce, and Heidi Klum. He bought it seven years ago for $6.8 million and is now trying to make a big profit with an ask of $16 million. Will that high price fly for this renovated townhouse, which includes a retractable rooftop penthouse and deck? Last year, it was on the rental market for $16,000 a month.
Check it out to decide

October 12, 2015

Specht Harpman Transforms an Awkward 425-Square-Foot Apartment Into an Open Space Oasis