Upper East Side

If you can't wait until January 1st to scope out the new Second Avenue Subway line, today Governor Cuomo is holding an "open house" from 5 p.m. to 7 p.m. at the 96th Street station. Cuomo debuted the station yesterday afternoon at a press event in advance of the official New Year's Day opening, offering select New Yorkers a glimpse at the completed work. The open house is the first time the greater public will have access to the Second Avenue Subway since the start of construction.
more details this way

Transit

Ghost tunnel under Central Park will reopen along with Second Avenue Subway

Image Wiki Commons

December 22, 2016

Ghost tunnel under Central Park will reopen along with Second Avenue Subway

There are countless relics from the subway's past hidden beneath NYC, but one of the most intriguing will reveal itself again in just 9 days when the Second Avenue Subway (SAS) invites straphangers to swipe their Metro cards for the first time. As Quartz noticed this past summer, a peculiar loop cutting through Central Park appeared when the MTA released their new subway map touting the addition of the SAS. Reporter Mike Murphy immediately questioned the mysterious addition that would move the Q train further north without issue ("I felt like people would have noticed if the MTA had been ripping up Central Park to build a tunnel," he wrote). After a bit of digging, he found out the half-mile stretch was built over 40 years ago and, at least according to archival maps, it's only been used twice since then.
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Transit

December 19, 2016

First look at the Second Avenue Subway’s $4.5M public art installation

If a sparkling new line isn't cause enough to celebrate, once the Second Avenue Subway opens on January 1st, 2017, millions of New Yorkers will also be treated to several stretches of world-class art while navigating the 96th, 86th, 72nd, and 63rd Street stations. As the Times first reports, the MTA has poured $4.5 million into beautifying the stations with contemporary tile artworks by famed names Chuck Close, Sarah Sze, Vik Muniz, and Jean Shin.
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December 19, 2016

Price halved for an apartment in the building Barbara Walters once lived

This opulent apartment has been patiently waiting to find a buyer. It first hit the market in early 2014 and the price was quietly dropped to $12.5 million by the end of the year. Now, it's back two years later with a reduced ask—by nearly half!—of $6.295 million. This is a four-bedroom, five-bathroom pad with all the elegant bells and whistles at 555 Park Avenue, the prestigious Upper East Side building that Barbara Walters once called home.
Take a look inside

Distinctive Homes

December 16, 2016

Trump isn’t the first president-elect with a New York City home base, FDR stayed close too

Just when you thought you'd get to enjoy a low-key pre-holiday Friday, the New York Times compares Donald Trump to Franklin Delano Roosevelt. While just 12 blocks away Trump Tower snarls traffic and confounds anything resembling daily life in the surrounding area with a round-the-clock hive of security details, reporters and protesters—and of course the prez-elect himself, his entourage and various cabinet-members-to-be—Hunter College’s Roosevelt House Public Policy Institute director Harold Holzer reminds us of another presidency whose earliest days were spent ensconced in a NYC residence. Of the century-old double-width townhouse at at 47-49 East 65th Street on Manhattan’s Upper East Side, now the Institute's home, Holzer says, “It was the Trump Tower of 1932-33.” The 65th Street residence was the longtime home of Franklin D. and Eleanor Roosevelt.
Definitely not an apples-to-apples comparison

History

December 15, 2016

Second Avenue Subway won’t open until all stations are finished says MTA

On Monday, the Governor's office put out a statement that Cuomo was "cautiously optimistic" that the Second Avenue Subway would open on time by the end of the month. Yesterday, MTA chairman Tom Prendergast echoed this statement, but was quick to point out that the long-awaited line would only open on December 31st if all stations were up and running (previous reports talked of a partial opening), reports the Daily News. "Track’s done, signals are done, we’ve run trains, we’ve exercised the signal system," he said. "We’re talking about finish and escalators, elevators — things of that nature in the station."
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December 14, 2016

Ivanka Trump puts her stodgy Park Avenue pad up for sale, asks $4.1M

By Annie Doge

It looks like America's next first daughter—and quasi-first lady—is looking to slim down her real estate holdings. As Luxury Listings NYC first reports, Ivanka Trump has just listed her apartment at 502 Park Avenue for $4.1 million. The somewhat bland spread hosts two bedrooms and two baths and is outfitted in a palette of cream and powdery blue hues. Although one might think the sale has something to do with her father's recent presidential victory—as not even two weeks ago, CNN reported that she and husband Jared Kusher were house hunting in Washington D.C.—Ivanka, in fact, also owns one the building's penthouses, which she bought for $16 million nearly six years ago. It's also been no secret that the Trump/Kushner brood has been mulling a move into the Puck Penthouses, one of Jared's beautiful ultra-luxe developments.
have a closer look inside

December 12, 2016

Governor Cuomo is ‘cautiously optimistic’ about Second Avenue subway opening deadline

Melissa DeRosa, the governor’s chief of staff, said Friday that Governor Andrew Cuomo was “cautiously optimistic” about a December opening for the long-awaited Second Avenue subway project, according to AM New York. After several weekly visits to the under-construction 72nd Street site, the governor appeared confident that the MTA would be able to meet the project's December 31 deadline. U.S. representative Carolyn Maloney had also expressed confidence in the Second Avenue subway meeting its year-end deadline.
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Transit

November 30, 2016

Upper East Side townhouse in contract for $81M will be most expensive ever sold

When Carlos Slim, Mexican business magnate and former world’s richest person, listed his Upper East Side Beaux Arts mansion for $80 million in May 2015 he was looking to break the record for most expensive townhouse ever sold in NYC. An attempt was then made by this $84.5 million home on East 62nd Street, but now another neighborhood home is set to take the title. As the Post shares, 19 East 64th Street was listed for $100 million in August, and it's now in contract by a Chinese conglomerate for a reported $81 million. If it closes, the price will far surpass the current record, the $53 million sale of the Harkness Mansion at 4 East 75th Street in 2006.
But there's some drama behind the sale

Distinctive Homes

November 23, 2016

Live in an elegant townhouse near the new Second Avenue Subway for $8M

As 2016 winds down, New Yorkers are still hoping that the Second Avenue Subway will finally open this year without (more) delay. The new subway stops promise to transform the surrounding area and perhaps boost real estate prices. So that's something to consider with this Upper East Side townhouse, which has hit the market for a hair under $8 million. It's located at 310 East 84th Street, just twos block from the new subway stop planned for East 86th Street and Second Avenue. This historic townhouse isn't too shabby, either, with many of its prewar details intact.
Take a look inside

Distinctive Homes

November 22, 2016

Betsey Johnson unloads her pretty pink Upper East Side condo for $1.8M

Iconoclastic designer Betsey Johnson has found a buyer for her Upper East Side condo at 30 East 85th Street. The zany fashionista with a passion for pink purchased the 850-square-foot pad at the top of the market in 2008 for $1.85 million and listed it for $2.25 million in May. With no takers, the price was chopped to $1.8M in October, and the home recently went into contract according to the New York Observer.
See more of the girly-glam pad

Celebrities

November 22, 2016

The Halston House, a former party spot of Andy Warhol, gets a price chop to $28M

A piece of New York City history has become (just slightly) more affordable to own yourself. The mid-century home at 101 East 63rd Street on the Upper East Side, known as the Halston House, is one of only three residences in Manhattan designed by famed architect Paul Rudolph. Not only is the architecture iconic, but after designer Halston moved in in 1974, he spent the next 15 years hosting parties attended by the likes of Andy Warhol, Liza Minnelli and Bianca Jagger. The former carriage house turned party destination turned luxury residence first hit the market for $40 million last year when it was said that contemporary art dealer Jeffrey Deitch was “angling” to make a deal. It must not have worked out, because it's back on the market at a discount, asking $28 million.
Hear more about this iconic home

November 18, 2016

UES studio Andy Warhol rented for $150/month sells for $10 million

In addition to being one of the world's most iconic artists, Andy Warhol appears to have had the Midas touch for real estate. In 2013, Warhol's one-time townhouse on Lexington Avenue sold $5.5 million—he paid just $60,000 for it in 1959; then last October, the artist's former Montauk compound, which he paid just $225,000 for in 1972, sold for a whopping $50 million; and now, as The Real Deal reports, the ramshackle Upper East Side studio he rented for paltry $150 a month has just traded hands for an incredible $9.9 million.
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November 17, 2016

A penthouse off Central Park on the Upper East Side for $190K? Believe it!

For those of you who say you'd live in a closet just to be near the park, this might be your dream home. And this petite penthouse at 103 East 84th Street isn't just any closet (though it does appear to be under 200 square feet); not only is this unique co-op in a lovely full-service elevator building off Park Avenue, but the space that has been called "Manhattan's most adorable penthouse" boasts a charming and sizeable private terrace to rival many a million-dollar property.
Find out more about this charming garret

Distinctive Homes

November 15, 2016

Jacqueline Kennedy Onassis’s childhood home gets a major price cut to $29.5M

There have been some big price chops for an apartment at 740 Park Avenue, one of New York's most iconic co-ops, once lived in by Jacqueline Kennedy Onassis herself. The former first lady—whose grandfather developed 740 Park in 1929—lived in this apartment between the ages of two to seven. It is now owned by David Ganek, a hedge fund manager, who has used the Rosario Candela-designed co-op as a home for his impressive modern art collection. He first listed it in 2014 for $44 million, and now it's on its third price chop down to $29.5 million.
Take a look

Distinctive Homes

November 15, 2016

Down to the wire, 2nd Avenue Subway requires ‘unprecedented’ work to meet December deadline

There are just seven weeks left for the MTA to wrap works on the 2nd Avenue Subway if they want to meet their December 31st deadline. According to the Times, at yesterday’s MTA board meeting, officials relayed that an “unprecedented” effort would be required in order to wrap Phase 1 of the project on time.
read more here

Transit

November 9, 2016

Spectacular Upper East Side apartment is enlivened with vivid colors and uncommon shapes

By Rebecca Paul

The Upper East Side is home to a plethora of elegant residencies, and the interior of this 79th Street apartment from the design firm S.R. Gambrel is luxury at its best. Each room is impeccably outfitted to tell its own story, individual in point of view, but still fits together into one cohesive aesthetic. From the vivid color palette and wall decor to the ornate light fixtures and floor textiles, everything in this home is vibrant, lively and not to be missed.
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Distinctive Homes

November 7, 2016

$18M Upper East Side townhouse duo hides rear boulder wall with a storied history

This almost-matched pair of townhouse apartment buildings at 316-318 East 77th Street on the Upper East Side is fronted by nondescript, fairly utilitarian facades, but the rear courtyard "rocks" an historic secret in the form of a massive chunk of Manhattan bedrock known as Lion’s Rock. In recent times the property was the site of a restaurant by the same name. The big boulder was part of the establishment’s rear garden, complete with water trickling from a spring that was a part of the old Saw Mill Creek. Lion’s Rock restaurant closed in the 1990s, but the rock remains (and probably will for the foreseeable future). But more interestingly, the rock is all that remains of a very different Manhattan.
A woods, and maybe a park

October 30, 2016

Join the Society of Magicians on Halloween for a séance at Harry Houdini’s former Upper East Side home

Last week, a commemorative plaque was installed on the facade of the former Upper East Side home of Harry Houdini at 244 East 79th Street, marking the 90th anniversary of his death and celebrating National Magic Week. To coincide with this, the Society of American Magicians will meet tomorrow for a séance at the building's Sojourn restaurant in hopes of contacting the great illusionist. As the Wall Street Journal notes, when he and his family moved into the top-floor studio of the boardinghouse in 1887, a young Houdini practiced his tricks and escapes in the space that now holds the eatery.
The rest of the story here

October 27, 2016

Independent engineer says two Second Avenue Subway stations are still far from ready

Despite MTA Chairman Tom Prendergast's seemingly unwavering optimism that the Second Avenue Subway will open on time, it's still not clear if the line's stations will be ready for their December ribbon cutting. According to the Times, following a Wednesday MTA board presentation outlining some of the outstanding issues (and the agency's commitment to smoothing them out over the next eight weeks), Kent Haggas, an independent engineer for the project, offered up a very somber outlook. As he told the paper, two of the three stations set to open December 31st have fallen behind, and that the system's "rigorous testing schedule was not being met." More alarmingly, he added that progress to date would need to be almost tripled on a weekly basis if the MTA is to meet its deadline.
Yikes

Transit

October 26, 2016

Elite international schools are attracting buyers to new developments on the Upper East Side and Nomad

By Katy Cornell

Families looking to buy apartments in the Big Apple often have a standard list of demands: safe area, family-friendly neighborhood, and space to accommodate their children. But perhaps most important is the desire to be close to a top school. Though not a new idea, this trend appears to be growing among international buyers who are […]

Real Estate Trends

October 24, 2016

Second Avenue Subway will open in December without delay, officials say

MTA Chairman Thomas Prendergast is hoping to squash rumors that the Second Avenue Subway (SAS) will miss its December opening date. As Prendergast told the Times on Friday, “[we want to show riders] we live up to our promises” and that they are "now within striking distance of having it done.” The chairman's remarks incidentally coincide with some newly unearthed information from the Daily News, who also reported Friday that the agency spent a week shaving down parts of the new subway tunnel wall because 75-foot train cars couldn't fully clear curves.
more info from the MTA here

Transit

October 23, 2016

Elegant one bedroom right off Central Park asks $4,900/month

This one-bedroom apartment fits right in to the Upper East Side. It has elegant decor that blends in nicely with historic details like a fireplace. Although it's not huge, built-in shelving and closet space was integrated into the living room to maximize space. And the kitchen's been renovated tastefully, with dark wood cabinetry. Located at 14 East 64th Street--right off Central Park and 5th Avenue--it's been offered as a rental either furnished or unfurnished for $4,900 a month.
See more of the interior

Distinctive Homes

October 21, 2016

Yorkville apartment of Bernie Madoff’s late son Andrew sells for $5.4M

By Annie Doge

Andrew H. Madoff, the son of Bernie Madoff who passed away from cancer in 2014, lived in a full-floor, five-bedroom apartment at 433 East 74th Street on the Upper East Side. He bought the sprawling condo in 2008 for $4.37 million, and initially tried to rent it in 2012 for $25,000/month. After his death, it went on the market for $5.87 million in February of this year, and according to city records, it's now found a buyer for $5.39 million.
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October 20, 2016

Annabelle Selldorf will design Frick Collection renovation