Manhattan

In the fall of 1959 American author Ernest Hemingway rented a small apartment at 1 East 62nd Street, just off Fifth Avenue, in an attempt to achieve some privacy on his visits to New York City. Although eventually published posthumously, A Moveable Feast, was scheduled to be released the following year, and Hemingway spent the better part of 1959 completing this tale of his early days spent among writing giants the likes of F. Scott Fitzgerald, Gertrude Stein and James Joyce. We may never know if the walls of the now Spencer Condominium got to see those finishing touches, but we're pretty sure they’ve witnessed a great deal of history since the limestone mansion was built at the turn of the century for John Drexel, grandson of the founder of Philadelphia banking house Drexel & Co.
Read on to discover a different moveable feast

Distinctive Homes

July 17, 2014

Still Portzamparc-ish: New Images of Extell’s Riverside Center Uncovered

By Ondel Hylton

On the website of Extell Development's latest residential tower, One Riverside Park, we uncovered some newer, more realistic renderings of their massive Riverside Center project. The 8-acre superblock between West 59th and 61st Streets lies at the southern end of a string of 11 Riverside South buildings that have been underway since the mid-1990s. Developer Donald Trump had struggled since 1974 to redevelop the 77-acre rail yard, and he developed the first eight buildings as Trump Place before selling a substantial portion of the site to Extell Development in 2005.
See more images of this mega-development here

July 16, 2014

Citigroup’s Former Chairman Sanford Weill Sells His Maid’s Quarters for $5.34M

By Diane Pham

It's great being Sandy Weill, and apparently it's also pretty good being his hired help. According to city records, the former Citigroup chairman just sold off his servants quarters, a lovely little sixth floor pad at celeb favorite, 15 Central Park West. The sale of 6H rang in at an impressive $5.337M — more than five times what Weill paid for it back in 2007. But Weill is no stranger to making big bucks on his real estate deals. Back in 2011 he sold his apartment in the same luxury tower for a record-breaking $88M to Katerina Rybolovleva, the young daughter of Russian billionaire Dmitriy Rybolovlev.
More details here

Real Estate Trends

July 16, 2014

Live Out Your Childhood Fantasies in This East Village Home with a Metal Slide by Turett Architects

It's not uncommon for NYC apartment buyers to snatch up two adjacent units and combine them into one space, but it is a bit unusual to request that your architect connect the spaces with a slide. And that's exactly what Turett Collaborative Architects (TCA) was tasked with in this East Village duplex penthouse. The previous homeowner, professional poker player Phil Galfond, bought two identical one-bedroom units, one on top of the other. They were transformed into a 2,400-square-foot, two-bedroom duplex with a new Italian-made Rintal stair. Clearly calling the bluff of this traditional mode of getting from one floor to another, Galfond worked with TCA to also install a stainless steel helical slide that descends through the double-height atrium.
More about the modern, playground-like feature right this way

July 16, 2014

You Won’t Find Oscar Madison in this Immaculate $8.5M Riverside Drive Beauty

Maybe we are dating ourselves but we’re betting on the fact that The Odd Couple is one of those rare shows pretty much everyone has heard of, even if you were born well after the 1970’s TV series. Best known for the hilarious dynamic between unlikely roommates “neat freak” Felix Unger and slovenly but amiable Oscar Madison, the show’s setting was Mr. Madison’s Riverside Drive apartment, about ten blocks south of this immaculate 4BR/4BA home in the Peter Stuyvesant located at 258 Riverside Drive. Take one look at this residence’s ten beautifully appointed rooms and you’ll know Oscar Madison would probably have never have been comfortable living here, but he’d be in the minority on that score. What’s not to love?
Whether you're a Felix or an Oscar, see more of this gorgeous home

Distinctive Homes

July 15, 2014

This $5.25M Young Huh-Designed Town Home Will Make You Forget You’re in the City

What if you could enjoy all the conveniences of living in the most fabulous city on Earth while still getting to come home to a peaceful hideaway? That’s what this Young Huh-designed, five-story Astor Terrace townhouse offers. Unit #TH-NE11 is a completely renovated 3BR/3.5BA townhouse with floor-to-ceiling windows and a private, tree-lined patio. Each bedroom not only has its own en suite bath, they each have their own private floor.
Sound like something you're interested in? There's more here

Distinctive Homes

July 15, 2014

From Luggage to Luxury Hotel: Grzywinski + Pons-Designed Mixed-Use Building Rising at 119 Orchard Street

The times they are a-changin. At least on Orchard Street, which used to be littered with affordable clothing and luggage stores and home to the famous Saturday street vendors peddling their wares. Today, upscale boutiques and trendy restaurants have moved in, along with rising rents, and 119 Orchard Street is the latest convert. For over 40 years, Fine & Klein Handbags operated out of the storefront, but closed their doors in 2007. Shortly thereafter in 2008, SAS Property Management bought the property for $4.22 million, filed plans for a new 40-room hotel, and tore down the building in November 2010. Three years later, the plans were amended for a 10-story mixed use space, containing 16 hotel rooms and four residential units. Interestingly, the building height was the same in both renditions. Construction has already commenced, and we've just spotted a few new renderings on architect Grzywinski + Pons' website.
Take a look at the construction photos as well as building renderings

July 15, 2014

Nautica Founder Gets $27 Million for His Impressive Flatiron Townhouse

$27 million is nothing to sneeze at, even if you are David Chu, the founder of international clothing company Nautica. Chu purchased the townhouse at 25 East 22nd Street in 2004 for $9.3 million. He then embarked on a gut renovation, replacing the limestone façade, adding fifth and sixth floors and an elevator, and creating a swanky mixed-use building that housed his corporate headquarters and a one-bedroom pied-à-terre. The home went on the market in May 2013 for $29.99 million, and has now sold to buyer Hannah Charitable LLC for $26.8 million.
Have a look at the interior of this elegant townhouse

July 15, 2014

Jeffrey Gates and Richard Moran Acquire the Rest of Laurie Tisch’s Brentmore Penthouse for $22.5M

Jeffrey Gates, of Gates Capital Management, and his partner Richard Michael Moran have just acquired the rest of Laurie Tisch's penthouse at the Brentmore, according to city records. Three years ago the pair traded up from apartment 6W to 9N, when Laurie Tisch sold off her pad in pieces. Retired investor Michael Stubbs and his wife Veronica, who lived in the neighboring apartment 10/11N purchased Tisch’s remaining unit 10W. Now it appears that Gates and Moran may have added the Stubbs’s newly renovated apartment combo to their estate for $22.5 million.
Take a look inside the newly acquired property here

July 15, 2014

551W21: Norman Foster’s Champagne-Colored Tower Rising Along Manhattan’s New Gold Coast (New Photos)

By Ondel Hylton

Many architects like to recycle their plans, reusing signature design elements from project to project. However, British architect Lord Norman Foster, with his firm Foster+Partners, enjoys keeping it fresh with designs that are unmistakably modern, yet profoundly contextual to their location. The firm's latest New York development is a 44-unit residential tower named 551W21 that rises in the once industrial—now art-gallery—hub of West Chelsea. The 551W21 team over at Foster+Partners recently sent us some new photos of the building under construction, which has surpassed its 19th-floor mark and will be topped off at the end of this month. And if you're still not convinced that buyers are willing to pay a premium for starchitectured spaces, we're told that the building is already over 50% sold.
See more photos and views after the break

July 14, 2014

Checking in on the Progress at One World Trade Center in Photos

As many of you architecture buffs know, One WTC now rises a symbolic 1,776 feet, making it the tallest building in the Western Hemisphere and the third tallest in the entire world. Designed by renowned architect David Childs of Skidmore, Owings and Merrill, it also has a LEED Gold certification and is the most environmentally sustainable project of its size. After a temporary real estate slump, the 104-story, glass and steel building is now 56% leased, with big-time tenants like Conde Naste, Morgan Stanley, Legends Hospitality, and BMB Group. Eight years after construction began, One World Trade is at an exciting juncture with its tenants expected to move in by the end of the year, already beginning to build out their office spaces. The original crew of 10,000 has been reduced to 600, and we're checking in on what these remaining workers are up to.
Check out some amazing photos of the progress at One WTC

July 14, 2014

A Once-in-a-Lifetime Chance to Own the Entire 14th Floor of The Mark

How would you like to live in a hotel? And we’re not just talking any hotel; we’re talking a luxury landmark hotel in New York City. We’re talking a hotel where you can wake up and order room service from acclaimed chef Jean-Georges, then get your hair done at Frederic Fekkai. Do we have your attention yet? Because if you like what you just read, you’re going to love the 9BR/10.5BA, 8,577-square-foot beauty we’re about to show you at The Mark.
Check out this dynamic duo here

Distinctive Homes

July 14, 2014

A Grown-Up ”Tree House” on Fifth Avenue in the Upper East Side for $13.25M

Okay, so this immaculate penthouse perched high atop 875 Fifth Avenue really isn’t a tree house, but given its miles of treetop views we could be forgiven for taking a few liberties with the term. Packed within Manhattan's roughly 520 million square feet are some of the most amazing residences in the world, many of them boasting gorgeous interiors but not much in the way of outdoor space. It's a concession one must make for living in the most vibrant city in the world. But every once in a while, something special comes along.
See more of this 5th Avenue treehouse

Distinctive Homes

July 14, 2014

Upper East Side Hopes to Create High Line-esque Park Over Garbage Transfer Site

What is it they say about one man’s trash being another man’s treasure? Well, after failed attempts to stop construction of the Upper East Side's inevitable new garbage dump, community groups have chosen the next best route: give the dump a makeover. That’s so Upper East Side, isn’t it? The idea, according to the NY Daily News, is to transform the garbage-transfer station into a community park. The plan, a collaboration with Sam Schwartz Engineering, would relocate a quarter-mile long garbage truck ramp to the side of the Asphalt Green complex. The ramp would be covered by a green High Line-esque walkway.
Find out more about the plan here

Real Estate Trends

July 14, 2014

Herzog & de Meuron’s Undulating Condo Design for the Hudson River Waterfront Revealed

By Ondel Hylton

Move over Greenwich Village, there's a new gold coast in Manhattan and it's nowhere near Fifth Avenue. Since former Mayor Michael Bloomberg announced that the far west side is the city's new Gold Coast and Manhattan's last frontier, a necklace of ravishing projects have been announced along the Hudson River waterfront. The latest reveal is for a new 12-story, 88-unit condominium coming from famed hotelier Ian Schrager and Herzog & de Meuron Architects. The Hudson Square site at 156 Leroy Street will replace a handful of low-slung buildings that include two auto-body shops, a gentleman's club and the former Lunchbox Diner.
More renderings of 156 Leroy here

Architecture And Design

July 13, 2014

What Are the World’s Top Soccer Players’ Salaries Worth in NYC Real Estate?

By Diane Pham

It's no secret that pro athletes make big bucks, but the world's best soccer players are raking in Benjamins that would even make an NBA star blush. With top players like Lionel Messi and Cristiano Ronaldo pulling in up to $75 million, we can't help but wonder what they're doing with all that money. While yachts and Italian villas are fine buys, our suggestion to these star athletes is to pour it in some swanky New York property. (The Marquand or the Puck Penthouses, perhaps?) If these soccer superstars ever decide to buy in New York, we've got each of their best bets ahead.
Check out our nifty infographic after the break

July 13, 2014

Architect Andrew Franz Restored This West Village Townhouse to its Historic Glory

By Patty Lee

In recent years, the West Village has become one of the hippest areas in New York City, thanks to a slew of celebrity residents and its reputation as the epicenter of the cupcake boom. But at its heart, the neighborhood is still one of the most picturesque and charming in town, dotted with historic townhouses that have been around for decades. Tasked with restoring one of those iconic brick buildings, architect Andrew Franz sought to maintain its original character, while giving the owners a home that's both spacious and functional.
There's a gorgeous rooftop garden you just have to see...

July 12, 2014

The Cartier Mansion Shines Again with the Help of Andre Tchelistcheff Architects

By Patty Lee

Restoring historic landmarks is never an easy task, but a careful, attention-driven job can help a former gem shine again. That's the case behind the renewal of this Upper East Side townhouse, also known as the Cartier Mansion. Together, Andre Tchelistcheff Architects and interior designer David Anthony Easton worked to restore the gorgeous Beaux-Arts building to its former glory.
More pictures of the grand townhouse straight ahead

July 11, 2014

Matthew Baird’s Greenwich Street Townhouse Brings Meatpacking Style to the West Village

One of the things we love most about New York's historic neighborhoods is that they each have their own distinct architectural style. So we were a little discombobulated (in a good way) when we saw Matthew Baird Architects's Greenwich Street Townhouse, which has infused the industrial, rough-edged style of the Meatpacking District into a traditional West Village-rowhouse streetscape. When they embarked on the project, both the architect and the client sought a contemporary, reductive exterior design to contrast with the warm ambiance and simple materials of the 5,000-square-foot interior. Baird's interest in prefabrication inspired the construction of the façade from a single piece of raw steel, which was lifted from a truck and bolted into place. When the 40' x 14' slab was transported, the inbound lanes on one level of the George Washington Bridge had to be closed!
Get a look inside this unique home

July 11, 2014

Real Esate Wire: Ace Hotel Definitely Coming to Brooklyn; Harlem Penthouse Renting for $10.5K a Month

By Jon Dioffa

Is Jared Kushner plotting to turn 20 apartments into one giant West Village mansion? [Curbed] ACE Hotel is indeed coming to Downtown Brooklyn. Permits were just filed for a site along Bond Street. [Brownstoner] Harlem rents are up and a landlord is looking to rent a penthouse at 1080 Amsterdam Ave. for $10,500 a month. [NYDN] […]

Real Estate Trends

July 11, 2014

Live in a $4 Million Diamond Two Blocks from Union Square

At its heart Union Square is a microcosm of the city it calls home. Simply stroll through its center on any given day and you’ll find a colorful, ever-changing street scene of entertainers, eccentrics, merchants and city folk passing through or stopping to meet. Similarly, this gorgeous unit at 10 East 14th Street in the Union Square Lofts and Flats is representative of the quintessential “old world-new world” luxury apartment. Steeped in historic pre-war details such as wide plank hardwood floors, cast iron columns and exposed brick walls throughout, the full floor 2BR/2.5BA home is also filled with the finest in modern touches and high-tech amenities, all combining to create a truly gracious residence.
See how shiny this diamond of a home is

Distinctive Homes

July 11, 2014

Beachy $1.85 Million Tribeca Loft Makes Suffering for Your Art a Pleasure

How fitting that this apartment at 135 Hudson Street overlooks Beach Street. The $1.85 million Tribeca loft definitely has a beachy vibe with its distinct white cast-iron-and-wood-beamed ceilings and patch-worked hardwoods throughout. The only difference is this artist’s lair is flooded with light. Get it? We’re here all week. Well, we can thank a wall of windows, five skylights and a cupola in the center of the main room for creating this light, airy space.
Take a look inside this beachy loft here

Distinctive Homes

July 11, 2014

NYC Events 7/11: Art Battle in Staten Island; Tour the Woolworth Building

By Lori Zimmer

This week, we've got a well-rounded roster of events for you, spanning from sticker art to rare architecture to dance and film. Pay a visit to one of our fair city's oft forgotten boroughs and sail the high seas on over to Staten Island for Saturday's take over, which will transform Artist Alley into a festival of live art making, drinks, and music. Next week, break out the picnic blanket and catch a free summer flick in Midtown's best park, or wake yourself up with not only a coffee and fresh juice, but a raging (pre-work) dance party. Treat your architectural side to a private tour of very private sites—the newly renovated United Nations chambers or the closed-to-the-public lobby of the Woolworth building—and then finish the week off by satiating your inner modern art nerd with the contemporary abstractions of Carly Ivan Garcia.
All the best events here

July 11, 2014

$10.6 Million Sale on Fifth Avenue Features City Views Like Artwork

The opulent former estate of New York socialite Monica E. Hollander has sold for over $100K over asking, according to city records. The 980 Fifth Avenue co-op was on the market for roughly 6 months before a couple scooped up the gem. Warburg Realty’s Wendy Greenbaum held the listing and we’re guessing she used the apartment’s two most famous neighbors--Central Park and the New York City skyline—as a huge selling point.
Take a look inside, here

July 11, 2014

Manhattanhenge: Tonight Is Your Last Chance to View This Spectacular Phenomenon in 2014

While there is no shortage of stunning views in New York City, some are more expensive to own than others. But here’s one that won’t cost you a cent and belongs to everyone – well, at least for the two times a year the Neil deGrasse Tyson coined “Manhattanhenge” makes its spectacular appearance.
more on the history here

Events & Things To Do

July 10, 2014

New York vs. London: A Real Estate Challenge on Both Sides of the Pond