Manhattan

By definition, a Business Improvement District (BID) "is a public/private partnership in which property and business owners elect to make a collective contribution to the maintenance, development, and promotion of their commercial district." Typically, they're implemented in neighborhoods that need an economic boost, so Soho would seem like an unlikely candidate. Ever since the neighborhood's artist lofts were replaced with designer boutiques, residents have struggled to deal with the "mall-ification" of their home. And when the Soho Broadway BID was presented, local activists opposed it, citing that commercial activity was already bursting at the seams, and it was the residents who needed assistance. Now, after nearly four years of debate, the BID is moving forward, but with a decreased budget and an equal commitment to both residents and businesses.
More details ahead

Policy

December 8, 2014

Enjoy the High Life in This 11th-Floor Flatiron Loft Going for $3.95M

Every New Yorker wants two things: a great apartment and a convenient location. Well, there’s a new $3.95 million listing available at 9 West 20th Street, right off the Ladies’ Mile, which means you can shop and eat to your heart’s content, then head home to the comfort and luxury of this mint-condition loft.
Take a look inside, here

Distinctive Homes

December 8, 2014

Bruce Willis Lists Central Park West Apartment for $13M

By Annie Doge

Bruce Willis is really stepping up his New York real estate game. Just five weeks after buying a $12 million, 22-acre estate in Bedford, New York, he and his wife, actress Emma Heming Willis, have listed their three-bedroom Central Park West co-op at the El Dorado for $13 million. The Daily News reports that the couple is looking to trade up to a bigger unit now that they have a second child. Willis bought the apartment at 300 Central Park West less than two years ago for $8.85 million from U2 bassist Adam Clayton. And after a meticulous renovation, he's looking to make $4 million on the flip.
Take a tour of the Willis home

December 8, 2014

REVEALED: New Look for Hell’s Kitchen Radio City Lofts Built Atop Historic Post Office

Who can deny the cool factor of living in a space oozing with history? New Yorkers find themselves living in former schools, churches, banks, fire stations, and even insane asylums. Now coming to Hell's Kitchen are 44 condominiums dubbed Radio City Lofts, which will bring our space-deprived denizens a new form of living: life atop a functioning post office.
More on the new lofts here

New Developments

December 8, 2014

Nobutaka Ashihara-Designed Hotel Coming to the Garment District

A 22-story limited-service hotel is gearing up to rise in Midtown at 4-6 West 37th Street. According to new building permits filed this past weekend, a 120-key 60,000 square-foot development will go up at the 4,200 square-foot lot situated between Fifth and Sixth Avenues. Two charming six-story buildings, erected in 1920, will be be demolished for the 210-foot tall project designed by notable hotel designer Nobutaka Ashihara Architects. The firm recently opened the city's tallest hotel, the Marriott Residence Inn New York Manhattan/Central Park at 1717 Broadway.
FInd out more here

December 6, 2014

New Rendering of 190 Bowery Gives Us a Look at the Mysterious Building Graffiti-Free

One of the city's most mysterious buildings has become a whole lot less intriguing with this newly released rendering from Massey Knakal. The image, which was pulled from the marketing materials of the broker by Bowery Boogie, shows a very pristine 190 Bowery totally free of graffiti and all lit up. Formerly the Germania Bank Building—and formerly the home of photographer Jay Maisel—the massive 72-room building was reportedly recently purchased by Aby Rosen of RFR Realty for an undisclosed amount (the sale has yet to hit city records) and, to much surprise, was put back on the market just a couple of weeks ago as a flip.
Find out more here

Architecture And Design

14 Hip Holiday Markets and Indie Pop-Up Shops in NYC

Capsule Market Square.

December 5, 2014

14 Hip Holiday Markets and Indie Pop-Up Shops in NYC

By Michelle Cohen

As December dawns, the holiday gift markets roll in, and it’s harder than ever to turn around in NYC without encountering a pop-up shop or makeshift mall offering everything anyone could ever want–whether they know it yet or not–for the body, mind, soul and home. We've assembled a list of smaller, cooler pop-ups and holiday markets that mix music, food and fun freebies like haircuts, goodie bags and beer with this year’s selection of clever, crafty gifts.
Find out where to get the goods, this way

REVEALED: New Renderings for Christian de Portzamparc’s Riverside Center

L to R: Building 1, Building 2 (21 West End Avenue), Building 3, Building 4, Building 5 (1 West End Avenue)

December 5, 2014

REVEALED: New Renderings for Christian de Portzamparc’s Riverside Center

The final appearance of Christian de Portzamparc’s Riverside Center master plan is coming into full view. A bevy of images depicting three never-before-seen crystalline towers have been released by Goldstein Hill & West Architects, giving us a more complete look at what the two-block site will ultimately look like circa 2018. The city-approved plan will ultimately hold three acres of open space and five mixed-use buildings containing approximately 2,500 condo and rental units, a public school, a hotel, a movie theater and an auto showroom.
More details ahead

December 5, 2014

Chelsea’s Seymour Condominium Tops Out with More Than Half of the Units in Contract

The Naftali Group's 12-story condominium dubbed The Seymour has topped out just six months after breaking ground. Though we've yet to see the traditional topping-out tree, a flag can be seen pitched atop the concrete frame of the building's bulkhead–a sure sign of the completion. Sales have been just as speedy with more than half of the building's 67 units in contract. According to CityRealty, there are currently nine units available on the market with an average price of $1,882 per square foot, ranging from $1.3 million for a one-bedroom unit to $3.95 million for a three-bedroom home on the 10th floor.
More details here (plus learn the origins of

December 5, 2014

Upper West Side Duplex Rental Is a Crown Molding Lover’s Dream

By Rebecca Paul

Finding a place to rent in New York City can be a headache at best. But you can save some money on aspirin if you're interested in this two-bedroom Upper West Side duplex that is now available to rent for $6,925/month. Located at 313 West 75th Street, this charming, well-preserved, pre-war home boasts many of its original details, the most striking of which is its wealth of historic moldings, including crown and picture moldings throughout. You'll also find dentil moldings in the living room, and ornate floral moldings around the mirror. The decorated marble fireplaces aren't too shabby either.
Take a look around

Distinctive Homes

December 5, 2014

Former Padres Owner’s Ex-Wife Buys $55M Unit at One57, Second-Highest Condo Sale of the Year

Just yesterday, Bloomberg released a grim report that sales had come to a halt at One57, as only one condo unit was sold in the third quarter. But it looks like the fourth quarter might prove a bit more optimistic for the city's most expensive building. According to city records released today, Rebecca Moores, ex-wife of John Jay Moores, entrepreneur, philanthropist, and former owner of the San Diego Padres, dropped $55.5 million on unit 81 at the building, making it the second-highest condo sale of the year, according to CityRealty. The number one spot also goes to One57 for Bill Ackman's $90 million flip-happy purchase. The former couple also made real estate headlines in 2013 when they listed their Del Mar, California home for $23 million, making it one of the most expensive in the San Diego area and probably the only one with its own moat. Let's take a look, though, at Rebecca's latest property venture at One57.
Check out the floor plan

December 5, 2014

Landmark West End Avenue Townhouse Wants $11M

One of Lamb & Rich’s original townhouses in the West End-Collegiate Historic District is resolving to find a new owner in the New Year. The flexible 6,875-square-foot layout can either be a sprawling 6-8 bedroom single-family mansion, or a spacious quadruplex with a separate garden duplex rental. Add to that late 19th century original details and modern updates, and this could be the perfect home for anybody...with $10.9 million in their pocket.
Take a look inside here

December 4, 2014

Julia Louis-Dreyfus’s Billionaire Businessman Father Sells Central Park West Pad for $7M

By Annie Doge

You likely know plenty about Emmy- and Golden Globe-winning actress Julia Louis-Dreyfus, but did you know her father is a very prominent, very wealthy businessman? William Louis-Dreyfus is the chairman of Louis Dreyfus Energy Services and the great grandson of Léopold Louis-Dreyfus, founder of the Louis Dreyfus Group. He has an estimated net worth of $3.4 billion, and just made an impressive $7.1 million on the sale of his Upper West Side co-op, according to city records released today. Unit 9C at 262 Central Park West is a three-bedroom apartment with ten large picture windows and panoramic views of Central Park. And the sleek interior must have been pretty impressive in person, as the selling price is well over the $6.75 million asking price.
Take a look around the Louis-Dreyfus home

December 4, 2014

Beautiful Flatiron Loft Shows NYC What Built-Ins Are Supposed to Look Like

By Rebecca Paul

It's not everyday that cool new listings pop up in the Flatiron District, but lucky for us today is an exception. We are pleased to bring you this stunning, new-to-the-market property that was recently renovated and transformed from a gorgeous three-bedroom loft into this fabulous two-bedroom apartment with home office and a massive 25 x 31-foot living room. Located at 15 West 17th Street, this home features many of the unit's original details, including exquisite exposed brick and hardwood floors.
Check out the rest of the home here

Distinctive Homes

December 4, 2014

Lowline Underground Park Creators Want to Open “Lowline Lab,” a Research Hub and Exhibition Spot

Four years ago, likely inspired by the wildly successful High Line, architects James Ramsey and Dan Barasch revealed their plan to turn the forgotten historic trolley terminal below Delancey Street on the Lower East Side into a solar-powered underground park. By 2012, the Lowline had raised over $155,000 from 3,300 donors on Kickstarter, setting a record for the largest number of supporters for an urban design project on the platform. And now, with design competitions, support from elected officials, and planning studies under their belt, the Lowline team is aiming to complete negotiations with the MTA and the city by 2017, anticipating a 2018 opening. But the latest component of the $55 million project is the development by May 2015 of the "Lowline Lab," a year-round nucleus serving as a research hub and exhibition spot, and going by the success of their previous crowdfunding campaign, the team is once again reaching out to the public to fund the initiative.
More details on the Lowline Lab ahead

Architecture And Design

December 4, 2014

Remodeled Emery Roth Townhouse Returns, Asking $15M

For some reason, this remodeled five-story townhouse at 1145 Park Avenue couldn’t command its initial $18.9 million asking price. Now it has returned with a more appealing $14.9 million tag, and it’s hoping prospective buyers will be drawn to its carefully chosen high-end details and its bright, modern design.
Take a look at more photos, here

Distinctive Homes

December 3, 2014

Hudson Yards Observation Deck Will Offer a Death-Defying Way to Experience City Views

The idea of creating a glass observation deck is nothing new, but the Hudson Yards development wants to push the limits with a seemingly perilous glass-enclosed capsule 1,000 feet up in the sky. According to the NYP, the "thrill device" is modeled after the glass module located 350 feet above Royal Caribbean cruise ship Quantum of the Seas, but amped up with a tilting glass walkway. A detailed design of what will be the tallest observation deck in the city has yet to be revealed, but when Related Hudson Yards President Jay Cross spoke about it at the Young Men's/Women's Real Estate luncheon back in November, he said, “You can choose to pay for it separately and crap your pants.”
Find out more

Andy Warhol Museum Coming to the Controversial Essex Crossing Development on the Bowery

The Andy Warhol Museum via nooccar via photopin cc.

December 3, 2014

Andy Warhol Museum Coming to the Controversial Essex Crossing Development on the Bowery

Since 1994, the 88,000-square-foot Andy Warhol Museum has been one of Pittsburgh's main attractions, the largest museum in the country dedicated to a single artist. And though Warhol was born in Pittsburgh, he spent most of his formative years in New York City, a fact that has sparked plans for a satellite museum on the Bowery. In Miami for Art Basel, museum director Eric Shiner told The Observer last night that the Lower East Side museum would be 10,000 square feet and part of the controversial Essex Crossing development. Its anticipated opening is 2017.
More details here

Events & Things To Do

December 3, 2014

$2 Million Tribeca Loft Floats Like a Butterfly and Stings Like a Bee

A charming two-bedroom unit at Duane Park Lofts in Tribeca is back on the market, asking $2.095 million. This return marks the second price drop for the pad, which initially asked $2.5 million. The 1,350-square-foot loft has a floor plan that makes the most of its eastern exposures. Unfortunately that means the second bedroom is a windowless interior space, but quintessential loft features, a prime location and room for a second bathroom make this space worth a look.
More photos here

Distinctive Homes

December 2, 2014

You Can Now Tour Gramercy Park Without a Key, Thanks to Airbnb and Google Maps

For the vast majority of New Yorkers, the closest look they've gotten into Gramercy Park is peering through the perimeter wrought iron gates. As one of the most elite and inaccessible outdoor spaces in the city, only those who live in dwellings circling the park have keyed access via an annual fee. That is, until now. Thanks to a rule-breaking Airbnb-er, the world can now revel in the verdant splendor that is Gramercy Park.
Find out how this guy got all the snaps

Uncategorized

December 2, 2014

$7M Townhouse Is Available for Second Time in Half a Century

An exclusive four-story townhome on one of Manhattan’s most attractive blocks has just popped up on the market, asking literally $5 less than $7 million. The Renaissance Revival home was built in 1890 by McDowell & Henry and still retains its unique Eastlake style details with four original fireplaces, historic wood shutters, and a stained glass skylight over the stairs. And that’s just the beginning.
Take a closer look here

December 1, 2014

Chelsea Townhouse Gets an Upgrade with a 550-Square-Foot Glass and Steel Garden Extension

By Rebecca Paul

The renovation of this beautiful West Side property was made possible by the design team from Chelsea's very own respected architecture firm, Archi-Tectonics. This project included the addition of a garden extension, two floors, and a rooftop terrace. The client, who is a fashion designer, wanted the home to reflect a "textured" or layered approach in its design, and the cool, narrative style does just that. The contemporary renovation was completed in 2011, when the original 3,400-square-foot brownstone–also a New York City landmark–was extended by 550 feet with the addition of the new garden space to create a residence that was light and airy.
Take a look at the rest of the house

December 1, 2014

You May Have to Pry This $3.5M Dream Home from an Oscar Nominee’s Hands

Shopping for the holidays can get complicated. How do you pick just the right gift for someone? In a perfect world we could buy our loved ones gifts they could turn into whatever they wanted. Well, we’re not going to be doing your Christmas shopping this year, but we do have a listing that’s ready for its new owner to add his or her own personal stamp. We’re talking a fully gutted townhome in Murray Hill with all the renovation plans and permits already set and approved by the Landmarks Preservation Commission and the Department of Buildings. So all you have to do is sit back and let your imagination do the rest.
Take a look at the possibilities, here

Distinctive Homes

December 1, 2014

ABC No Rio’s Graffiti-Covered Tenement Will Be Replaced with an Ultra-Modern “Passive House”

When ABC No Rio announced more than five years ago that they would be demolishing their building in favor of an updated facility, artists immediately began grieving over the impending loss of the cooperative's hardcore punk roots. Not much movement was made after that—only word that the artists would be going green with their renovation—but lo and behold, a new rendering revealed by Bowery Boogie shows us what will soon replace the artists' collective: a 9,000 square-foot, LEED-certified Passive House complete with exhibition and performance spaces, a green roof and a second floor terrace.
find out more here

December 1, 2014

Astronaut Richard Garriott’s Townhouse Hides Secret Passageways and Trick Bookcases

By Alyssa Alimurung

When he’s not flying to outer space or developing the next award-winning video game, Richard Garriott rests his head in his very normal-looking Murray Hill townhouse. When he purchased the five-story brownstone last year, he decided to add in his own special touches to make it his unique home-sweet-home. Take a tour through the secret passageways […]

December 1, 2014

10 Sullivan Street Leads Western Soho Residential Development