Tribeca

July 16, 2019

Tribeca stays on top and Hudson Yards emerges as #2 on the city’s priciest neighborhood list

According to Property Shark's just-released ranking of New York City's most expensive neighborhoods, Tribeca once again takes the top spot in residential sales with a median price of $4.34 million. The bigger news is Hudson Yards, on the list for the first time as the city's second-costliest neighborhood in Q2 of 2019 at $3.86 million. Also notable was Little Italy, the city's third most expensive neighborhood, which saw median home prices increase by 153 percent over last year's numbers.
More of the list, this way
June 24, 2019

Waitlist opens for middle-income apartments at a Tribeca rental, from $2,832/month

Applications are currently being accepted to replenish the wait list for middle-income apartments at a Tribeca rental building. The 12-story tower at 89 Murray Street, dubbed Washington Mews, was constructed in 2007 and designed by Skidmore, Owings & Merrill's Mustafa Abadan. Qualifying New Yorkers must earn 175 percent of the area median income to apply for the $2,832/month two-bedrooms and $3,213/month three-bedrooms. While these prices rightfully seem steep, market rate two-bedrooms at the same building currently start at just under $6,000/month.
Find out if you qualify
June 14, 2019

This $17.5M historic Tribeca townhouse has a jazz club in the basement

The Bogardus Mansion at 75 Murray Street is an original cast iron treasure. Perfectly configured for conversion to a single family home, the 25-foot-wide Tribeca building, asking $17.5 million, is a true piece of New York City history, with original details and plenty of possibilities, from the noted 75 Club jazz venue in the building's basement to the owner's penthouse with a conservatory, roof deck and stunning lower Manhattan views.
Five floors, a penthouse and a unique speakeasy
May 21, 2019

This $7M Tribeca loft was a famous recording studio in a former life

This massive six-bedroom loft in the American Thread Building at 260 West Broadway spans 3,800 square feet with 45 feet of frontage facing Tribeca Park; the converted and designer-renovated condominium's $7 million price reflects not only its massive size, rare arched windows and covetable loft bones, but likely also its culturally significant famous past: Built in 1894, the space was once home to Duplex Sound, the studio where world-renowned musicians including Frank Sinatra, Tony Bennett, Aretha Franklin, Earth, Wind & Fire and jazz saxophonist Paul Desmond once recorded tracks.
Tour the loft
May 8, 2019

Living at the top of the world’s first Art Deco skyscraper just got $20M cheaper

According to the listing for The Penthouse at One Hundred Barclay, the Tribeca building, designed in 1927 by renowned architect of the era Ralph Walker, is the world's first Art Deco skyscraper. This 14,500-square-foot duplex penthouse is the crowning glory of its 21st century life. In addition to bragging rights to one of the largest living rooms in New York City at over 3,000 square feet, a mere $39.95 million–nearly $20 million less than the property's original asking price of $59 million–gets you unobstructed views of the Statue of Liberty, Hudson River and New York City skyline.
Penthouse grand tour, right this way
April 1, 2019

Developer can close historic Tribeca clock tower to the public to make way for penthouse, court rules

Update 4/1/19: The New York State Court of Appeals on Thursday ruled against a group of preservationists who sued to stop developers from turning a historic clock tower into a penthouse. According to the judge, the LPC does not have the authority to give access to the building and the agency's plan to make the 19th-century clock run electronically is reasonable. Developers had big plans for the luxury condominiums they were creating at the block-long former site of the New York Life Insurance Company at 346 Broadway (also known as 108 Leonard Street) since purchasing it from the city in 2014. The new residential project would hold 140 units starting at $1.5 million, capped by a stunning penthouse that would be priced at over $20 million. The one snag in this golden opportunity: The building's iconic Clock Tower–sometimes called New York's 'Big Ben,' which sits atop the building and was designated an interior landmark in 1987. The clock must be wound by hand, a process which requires access through, as the New York Times reports, the future penthouse. A case against the developers' plan and a subsequent appeal were both won by the opponents, saying the LPC couldn't unwind the clock's landmark status–but an appeal in the state's highest court, the Court of Appeals, is still pending.
Find out more
March 22, 2019

This $3.2M Tribeca loft in a former coconut factory has polish and poise

Designed by noted architect Stephen Decatur Hatch, the classic loft building at 165 Duane Street, now a boutique co-op residence, was built in 1882 as coconut processing and packaging factory. This Tribeca loft retains the foundation of its industrial past with exposed wooden beams and columns and 14 windows, yet this three-bedroom home set high above Duane Park has the polished appearance of a classic Manhattan co-op. Asking $3.195 million, the loft has been fully renovated, adding modern convenience and considered design choices in fixtures and finishes.
Take a tour
March 12, 2019

$9M triplex condo has a private entrance on one of Tribeca’s most charming alleys

With a private entrance on Collister Street—a quiet alley in Tribeca named for its past association with Trinity Church—this 4,500-square-foot home feels like a townhouse but comes with all the convenience and amenities of the full-service condominium it’s housed in at 7 Hubert Street. Spanning three floors with three bedrooms, a finished basement, and a charming ground floor complete with high ceilings, casement windows, and a furnished garden, this turnkey residence just hit the market for $8,950,000.
Get the tour
March 6, 2019

$14.8M historic Tribeca penthouse has a rotunda with a gorgeous stained-glass oculus

Once featured on the cover of Architectural Digest, this penthouse in the landmarked American Thread Building at 260 West Broadway just hit the market for $14,800,000. The current owners, an art collector and his fashion executive partner, bought the space in 2013 and have filled the 3,777-square-foot Tribeca residence with art by the likes of Richard Serra, Gerhard Richter, and Ai Weiwei to name just a few. Their collection extends to furniture and includes Nanda Vigo chairs from the ’70s, a 19th-century baker’s table from Marseille, and a Karl Springer acrylic table from the 1980s. They describe the blend of period architecture, contemporary art, and design accents as a "speakeasy atmosphere" perfect for entertaining. Speaking to Architectural Digest, the owner revealed that “when we closed on the place, the super took me aside and reminded me that we had a huge responsibility. ‘You’ll be living in one of the most incredible spaces in the city,’ he told me. ‘And you’d better not mess it up.’”
Look inside
March 6, 2019

56 Leonard sidewalk gets outlined in anticipation of Anish Kapoor’s bean sculpture

Herzog & de Meuron's striking "Jenga" condo tower at 56 Leonard Street in Tribeca is a conversation piece on its own, with its cantilevered rectangles of glass rising into the sky. The long-anticipated flourish that will anchor the skyscraper–artist Anish Kapoor's reflective bean-shaped sculpture–is finally on the way, as evidenced by an intricate set of circles and arrows that just arrived on the building's sidewalk. The spray-painted outline will inform installation of the sculpture, which resembles a similar public art icon in Chicago, where Kapoor's "Cloud Gate" sculpture apparently attracts millions of tourists every year and has become an Instagram staple.
What's taking so long, the anticipation is killing us
January 25, 2019

Taylor Swift prevails in broker lawsuit over $18M townhouse

Some good news for Taylor Swift: According to The Real Deal, Manhattan federal court judge Jesse Furman has dismissed the lawsuit that Douglas Elliman had leveled against the pop star/welcome ambassador/real estate investor claiming she'd stiffed a broker on the commission for an $18 million Tribeca townhouse at 153 Franklin Street that she bought in October of 2017. Swift's management company, Firefly Entertainment, filed a motion to have the brokerage’s $1 million suit dismissed, claiming the lawsuit was “the latest in a long line of lawsuits” by Elliman and that the real estate agency had little if any involvement in the townhouse deal.
Details, this way
December 27, 2018

Charming, classic Tribeca loft with private roof terrace asks $2.35M

With exposed brick throughout, original weathered warehouse floors, soaring ceilings, and skylights, this Tribeca duplex is a classic downtown loft. The 3,636 square-foot condo at 37 Walker Street — currently on the market for $2,350,000 — has three bedrooms, 1.5 baths, and a private roof terrace. With a flexible open plan, it could easily be reconfigured or renovated, though lovers of the shabby-chic aesthetic will embrace the unit’s charming peeling walls and original details.
Take the tour
November 29, 2018

After a price chop to $18,500/month, Michael Cohen’s Tribeca condo goes into contract

After dropping its price from $25,000 to $18,500 a month on November 12th, Michael Cohen's ill-fated Tribeca condo went into contract on Tuesday, 6sqft uncovered. The timing could not be more perfect for Trump's former personal lawyer, who pled guilty today in federal court to lying about previous dealings with Russia. Cohen bought the condo at 111 Murray Street for $6.7 million in July but promptly put it on the rental market in August. Apparently, he bought the apartment as an "investment" when he faced pressure to defer the taxes on the $3.3 million sale he made last year on his Trump World Tower apartment. As we explained. "by closing on a new unit, he was able to take part in the 1031 exchange that allows investors to roll proceeds from one transaction over to another."
All the dirt
November 28, 2018

Tribeca loft where Edward Albee wrote his famous plays lists for $9M

Located in what was once a cheese warehouse at 14 Harrison Street in Tribeca, this 4,500-square-foot loft has been the home of American playwright Edward Albee since 1977. According to Mansion Global, Albee held his famed annual Christmas party here, with luminaries like Lauren Bacall and Kathleen Turner in attendance. The duplex co-op spanning the building's fifth and sixth floors is a fascinating home even without the literary connection; the classic loft, with an elevator that opens on each floor, is currently for sale asking $8.995 million.
Take the tour, this way
November 8, 2018

Tribeca’s historic skybridge building gets a major price chop to $35M

Just about three years ago, 6sqft reported that one of Tribeca's more unusual architectural offerings, the 8,170-square-foot townhouse at 9 Jay Street that includes the famous Staple Street Skybridge, was for sale. The building, the pedestrian skybridge and loft condo it connects to–once the home and studio of iconic 1980s fashion designer Zoran Ladicorbic–were asking $50 million. Now, the quirky collection is back on the market with a hefty $15 million price chop, asking $35 million. The new ask comes with 4,080 square feet of air rights, and from the looks of the building's wide open interiors, the options for a new buyer are many.
What's inside?
November 2, 2018

Massive Tribeca loft with original Keith Haring mural gets a price chop to $10M

This 8,000 square-foot Tribeca triplex in the American Thread Building contains a unique New York City treasure: An original Keith Haring mural, made in 1978 during the late artist’s days at SVA when the space was a student gallery. But the massive loft is itself a treasure: Occupying the lower floors of the classic, landmarked building at 260 West Broadway–it was among the first of Tribeca’s luxury condo conversions–the loft combines modern finishes with pre-war authenticity, plus the amenities of a condominium. 6sqft featured the listing in 2016 when it was asking $13 million, which was apparently too steep for potential treasure-seekers. The home was just re-listed at $9.999 million.
Take another look
October 25, 2018

The Weeknd and Bella Hadid rent a party-perfect penthouse at 443 Greenwich for $60K/month

Celebrity couple The Weeknd and Bella Hadid have moved into 443 Greenwich Street, becoming the latest pair of stars to take over the Tribeca building. The famous singer-model duo has picked up a $60,000/month penthouse, which spans three levels and includes over 1,000 square feet of private outdoor space, as the New York Post reported. Due to its emphasis on privacy (it claims to be "paparazzi-proof" and includes an underground parking garage), A-listers like Jake Gyllenhaal, Meg Ryan, Justin Timberlake and Jessica Biel, and Jennifer Lawerence all call the luxury property home.
See the pad
September 17, 2018

$2.4M Tribeca loft has a cool corner layout, arched windows, and amazing views

This corner artists' loft at 6 Varick Street is about as classic as a downtown Manhattan loft can get, with original steel beam columns, massive oak beams and arched windows, original wooden plank floors, exposed brick walls, and 10-foot-tall tin ceilings. In addition to being on a high floor, the loft's corner configuration gives it an unusual layout that sets it apart from the standard "white box." Unobstructed views to the south and east look out over the neighborhood. The condop loft's current interiors–a cozy and bright combo of shabby-chic and Scandinavian-inspired–show just how pretty even the most industrial loft can be.
Tour the loft
September 10, 2018

This $6.2M Tribeca loft perfects a clean, modern look with an indoor vertical garden

This two-floor loft condominium at 11 Vestry Street isn't your ordinary downtown loft space, though it has classic bones and a covetable Tribeca address. In addition to a picture-perfect warm-modern renovation, state-of-the-art appliances and huge windows, the loft's lower floor is a self-contained space with a second kitchen. Like any loft, it would be easy to configure the space however you'd like, but the current version–asking $6.195 million–has plenty of interesting nooks and crannies. The home's transformation from its former outdated '80s look by Brooklyn-based architecture and design firm Isaac-Rae was featured in Dwell magazine.
Check it out
August 20, 2018

Meryl Streep lists serene Tribeca penthouse for $25M

If we had to guess what Meryl Streep's home looked like, our description would be pretty close to the serene interiors of her Tribeca penthouse, which she's just listed for $24.6 million. According to Curbed, the three-time Academy Award-winner and her husband, Donald Gummer, bought the four-bedroom apartment in 2006 for $10 million, and they've now decided to sell it after buying a mid-century-modern home in Pasadena last December. Though Streep has designed the interiors impeccably, with a laid-back coastal vibe and contemporary art collection, what really sets this residence apart is the 10-foot-wide landscaped terrace that wraps around three sides of the penthouse.
Take the tour
August 14, 2018

Michael Cohen lists Tribeca condo as a $25,000 rental just four months after buying it

Photo of Michael Cohen via Wikimedia As they say, never underestimate desperate people. In May, Michael Cohen, the disgraced former personal lawyer of Donald Trump who is now under federal investigation, put his $9 million Trump Park Avenue apartment on the market as collateral against a bank loan. So it was a bit surprising when he turned around dropped nearly $7 million on a condo in Tribeca's flashy new condo tower 111 Murray Street. But it makes a bit more sense now, as The Real Deal learned that Cohen has listed the 19th-floor apartment as a $25,000/month rental. He made the purchase as an "investment" after allegedly facing pressure to defer the taxes on the $3.3 million sale last year of his  Trump World Tower apartment; by closing on a new unit, he was able to take part in the 1031 exchange that allows investors to roll proceeds from one transaction over to another.
Get the scoop
July 25, 2018

Tribeca and Yorkville top the list for new development condo sales in 2018

For followers of Manhattan real estate it would be hard to miss the bumper crop of innovative, eye-catching and pricey new developments rising what seems like daily in Tribeca; but big numbers for new towers may come as a surprise when they're attached to old-school Yorkville on the Upper East Side. In the city that never fails to surprise, recent research from CityRealty shows that Tribeca and Yorkville are the top neighborhoods for new development condo sales so far this year. There are, of course reasons for the unlikely pairing at the top.
See who else is on the list
July 24, 2018

Our 1,600sqft: Inside the Tribeca live-work showroom of Vipp, a Danish ‘tool building’ company

6sqft’s series “Where I Work” takes us into the studios, offices, and businesses of New Yorkers across the city. In this installment, we’re touring the showroom-apartment of Tribeca's Vipp, a third-generation Danish company. Want to see your business featured here? Get in touch! Nearly 80 years ago in Denmark, Holger Nielsen designed a trash can with a pedal for his wife Marie's hair salon. Despite having no intention of selling it, demand grew for Nielsen’s sleek, and hygienic, trash bin and it became a fixture in Danish clinics, and later home use, over the next several decades. Nielsen called the bin “Vipp,” Danish for tilt, which describes the lid's movement. In 2009, the design was accepted into the permanent design collection at MoMA. Today, Vipp is a third generation family-owned company run by Nielsen’s daughter, Jette Egelund, and her two children Kasper and Sofie. In addition to its classic bin, Vipp now offers a wide range of lifestyle products, from entire kitchens and bathrooms to tableware and lighting. Based in Copenhagen, Vipp came to the United States four years ago and opened a showroom in Tribeca. Sofie Christensen Egelund, along with her husband and business partner Frank Christensen, turned the showroom into their actual apartment, outfitted with Vipp products. The designer-couple gave 6sqft a tour of their live-work space and Sofie talked to us about the company's design DNA, the move from Denmark to Manhattan and what it's like to work together as a married couple.
Take a tour of the apartment-showroom
July 12, 2018

Michael Cohen optimistically drops $6.7M on a condo at Tribeca’s 111 Murray

Photo of Michael Cohen via Wikimedia As Michael Cohen put his $9 million Trump Park Avenue apartment as collateral against a bank loan this spring, the former personal lawyer of President Donald Trump was signing a deal for a $6.7 million pad in Tribeca. The Wall Street Journal reported on Thursday that Cohen, who is under federal investigation, bought a 19th-floor apartment in April at 111 Murray Street, a 792-foot-high condo tower designed by Kohn Pedersen Fox.
Get the scoop
July 2, 2018

The picnic-perfect terrace at this $10M Tribeca penthouse feels like a slice of Paris

We can imagine errant children in this worth-every-bit-of-$9.995 million Tribeca duplex penthouse being sent, for punishment, to the room without a terrace. The listing for 41 Warren Street in Tribeca calls it "Parisian perfection" in reference to the authentic Parisian wrought-iron balconies that wrap the apartment's many terraces; a hat tip to the Scandinavian countries is in order for the wood-paneled sauna. And 3,000 square-feet of chic, subtly luxurious interiors would be worthy of envy under any flag.
Take the tour
June 11, 2018

3 World Trade Center officially opens, the fourth WTC building completed

Right on schedule for a June opening, developer Silverstein Properties took the lead in celebrating on Monday the highly anticipated opening of 3 World Trade Center with a ribbon-cutting ceremony. Led by CEO Larry Silverstein, the morning celebration at 3 World Trade Center at 175 Greenwich Street marked the official completion of four of the five buildings in the new World Trade Center complex. With nearly 40 percent of the building leased on opening day, the 80-floor tower designed by Rogers Stirk Harbour + Partners rises to 1,079 feet. "Starting with 7 WTC and the rest of the towers that followed, we sought to create modern, environmentally-conscious and technologically-advanced offices," Larry Silverstein, the chairman of Silverstein Properties, said in a statement. "Places that foster creativity where young people would want to work and collaborate. That meant great architecture and sustainable design, but also improved transportation, a more vibrant streetscape, new shops and restaurants, great public spaces, and exciting and fun public space art."
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