Upper East Side

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million
January 29, 2015

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million

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Desperate times call for desperate measures? This dazzling former home to eccentric stock investor Martin Zweig has just received a near 50 percent price cut by the late investor's widow, Barbara Zweig, who is now asking a mere $63 million. The 41st floor co-op at the Pierre first hit the market in 2013 for what would have been a record-breaking $125 million, but the home didn't sell—even after being slashed to $95 million in December 2013. Now it looks like Zweig just wants to rid herself of the property which occupies the top three levels of the Pierre. The penthouse is the highest prewar co-op apartment in Manhattan, meaning not only do you have views of the skyline, but you're also part of the skyline. But that's not to discount the 360-degree vistas of the city, which include all of Central Park. So, will someone bite at $63 mill?
Let's take a look inside
As Younger Renters Move to the UES, Trendy Commercial Tenants Follow

Say goodbye to afternoon tea and hello to happy hour, via roboppy via photopin cc

January 27, 2015

As Younger Renters Move to the UES, Trendy Commercial Tenants Follow

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You don't have to tell us twice that the Upper East Side is trading its reputation as a stodgy, ladies-who-lunch spot for a younger, more hip vibe. Not only do we think it's a hidden hot spot for artists, but we recently profiled the unofficial "new" Upper East Side, the high 80s and 90s, clustered between Park and 1st Avenues. And let's not forget how the Second Avenue subway is already shaking things up. But with a new generation of Upper East Siders gobbling up the surprisingly affordable real estate offerings, it's no surprise that trendy commercial spots are also getting in on the action. Small, local shops and restaurants create little communities that you might expect to find in brownstone Brooklyn, and larger, big-name businesses like Warby Parker and Whole Foods promise to make it a neighborhood to rival Union Square or Chelsea.
More on the real estate trend ahead
The New Design Project’s Upper East Side Apartment Has a Downtown Industrial Vibe
January 20, 2015

The New Design Project’s Upper East Side Apartment Has a Downtown Industrial Vibe

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At first glance, this urban-chic apartment with its industrial vibe and cool pops of geometric colors definitely appears to be located in trendy Soho or any up-and-coming section of Brooklyn. But it's actually in the neighborhood that's often considered the most unhip of all–the Upper East Side. A creation of The New Design Project, this 400-square-foot Uptown apartment was inspired by the urban features that the design team uncovered during the renovation at the landmarked Cherokee Apartments. Exposed brick walls and metal frames were left raw and are juxtaposed with bold colors, geometric patterns, and custom artwork. As the firm states, "the result is a space that does not take itself too seriously, where each room has a strong personality that delivers a happy experience."
Tour the apartment here
Russian Billionaire Roman Abramovich Buys Up Three UES Townhouses to Build a Makeshift Mansion
January 19, 2015

Russian Billionaire Roman Abramovich Buys Up Three UES Townhouses to Build a Makeshift Mansion

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While some billionaires are busy eyeing the glass penthouses of the city's up-and-coming and ultra-luxe towers, others are taking a more DIY approach to realizing their dream home. The latest to join the building-your-own-mansion trend is billionaire Roman Abramovich, who according to the  NY Post has just "secretly" purchased a 9,495-square-foot townhouse at 11 East 75th Street for $29.7 million from developer Larry Gluck. The buy follows Abramovich's December purchase of another 7,286-square-foot townhouse two doors down for $18.3 million, and word on the street is that he's in contract for the townhouse wedged right in between.
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How the Fletcher-Sinclair Mansion Went from Private Home to the Ukrainian Institute of America
January 16, 2015

How the Fletcher-Sinclair Mansion Went from Private Home to the Ukrainian Institute of America

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Earlier this week, the Ukrainian community rang in the new year, so we thought it appropriate to take a look at one of the city's largest centers of Ukrainian-American life. Located at 2 East 79th Street at the corner of Fifth Avenue, the Fletcher-Sinclair mansion was built in 1897 by famed architect Charles Pierrepont Henry Gilbert (C. P. H. Gilbert) as a single-family home for Isaac D. Fletcher, a banker, broker, and railroad investor. Today, the French Gothic masterpiece houses the Ukrainian Institute of America, a nonprofit organization dedicated to promoting the art, music and literature of Ukraine and the Ukrainian diaspora. But how did this massive home become home to the Institute?
Find out here
As the Met Prepares to Move into the Whitney’s Old Building, A Madison Avenue Block Is Transformed
December 26, 2014

As the Met Prepares to Move into the Whitney’s Old Building, A Madison Avenue Block Is Transformed

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All eyes have been on the construction of Renzo Piano's new downtown home for the Whitney Museum, set to open in May. But let's not forget about what's happening to the Whitney's old Marcel Breuer-designed building on Madison Avenue and 75th Street. The Brutalist building opened in 1966 and has since dominated its Upper East Side surroundings. It's set to be taken over as a satellite location for the Metropolitan Museum of Art to showcase their contemporary and modern art collections when it reopens in March 2016. And though the Met will not alter the façade of the landmarked museum building, its surroundings will certainly look different than in the Whitney's days. The biggest changes are happening right next door, where the row of six 19th-century Italianate and Greek Revival brownstones on Madison Avenue and two townhouses on East 74th Street are being reimagined as condos and retail space by developer and healthcare entrepreneur Daniel Straus, who bought the properties from the Whitney in 2010 for $95 million and subsequently was granted approval by the Landmarks Preservation Commission for their new design by Beyer Blinder Belle. According to the Times, who profiled the development, the flurry of construction could be considered "the Met effect."
More on the development here
Unique “Stone” House Struggles on the Market, Asking $7.5 Million
December 18, 2014

Unique “Stone” House Struggles on the Market, Asking $7.5 Million

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Apparently, living in a landmarked townhouse designed by the same architect responsible for the MoMA is not as appealing to buyers as you would think. The Edward Durell Stone-designed home at 130 East 64th Street has been on the market for over a year now, with its asking price steadily declining from a $9.995 million price tag to $7.5 million, and it’s still sitting. But this four-story house is no stranger to mixed reviews.
Find out more here
Mayor De Blasio Builds a “Privacy Fence” Around Gracie Mansion to Keep Curious Eyes Out

Image: Gracie Mansion before the extra four feet of fence was added. © wallyg via photopin cc

December 12, 2014

Mayor De Blasio Builds a “Privacy Fence” Around Gracie Mansion to Keep Curious Eyes Out

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“Man of the People” Mayor De Blasio seems to be getting a little annoyed with his constituents’ nosy nature. The Post reports that De Blasio has just erected a “privacy fence” adding another four feet to the home’s existing barrier. The new fence was constructed inside an existing red brick wall and a wrought-iron fence that […]

Luxurious Upper East Side Townhouse Fetches Impressive $9M
December 12, 2014

Luxurious Upper East Side Townhouse Fetches Impressive $9M

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Massive townhouses that have received a modern overhaul can often feel cold and museum-like, but this Upper East Side stunner has managed to maintain its warm, cozy feel after getting a state-of-the-art contemporary upgrade from two-family home to one. Located at 435 East 87th Street, the five-story, six-bedroom home just sold for an impressive $8.9 million, according to city records. It was built in 1901, but its 6,500-square-foot interior has been completely reimagined as the ultimate "luxury entertainers' home." The classic décor, along with touches of the home's history like crown moldings and a sweeping staircase, make it pretty clear why the new owners dropped such a pretty penny.
Tour the rest of the home here
REVEALED: Interior Renderings for Robert A.M. Stern-Designed 520 Park Avenue
December 11, 2014

REVEALED: Interior Renderings for Robert A.M. Stern-Designed 520 Park Avenue

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Robert A.M. Stern's 520 Park Avenue has already been called "the next 15 Central Park West," and like its Stern predecessor, 520 is an ultra-luxury development with a stately façade wrapped in stone. Set to be completed in 2016, it will rise 51 stories high, but contain just 31 units, one of which is the $130 million penthouse, the city's most expensive apartment. And though most of the attention has been on "the greatest apartment on the Upper East Side," the fanfare has now shifted to the first batch of interior renderings for the building. 520 Park's full website is now live, and not surprisingly, the residences have classic layouts, impressive Central Park views, and a host of high-end amenities.
Take the tour here
Cooper Hewitt Design Museum Reopens This Week After a Three-Year High-Tech Renovation
December 10, 2014

Cooper Hewitt Design Museum Reopens This Week After a Three-Year High-Tech Renovation

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It's been three years since the Cooper Hewitt Smithsonian Design Museum was first cloaked in scaffolding, but the $91 million, LEED-certified renovation has finally come to a close. The museum, located in Andrew Carnegie's former Gilded Age mansion on Fifth Avenue, is set to reopen this Friday, December 12th. It now boasts 60% more exhibition space and a slew of new high-tech interactive features including downloadable 3D designs, multi-touch surfaces as large as pool tables and an interactive projection that allows guests to view 500 digital images of wallpaper right on the gallery walls.
More details on the revamped museum
On Sale Now: An Unofficial Black Friday Bargain Hunt!

135 West 70th Street Penthouse BC; Listing photo Douglas Elliman.

November 28, 2014

On Sale Now: An Unofficial Black Friday Bargain Hunt!

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Late November can be an anxious time for both buyers and sellers; unpleasant weather, family events and just plain seasonal shutdown mode can reduce the traffic at open houses to a trickle and get properties pulled off the market until after New Year’s Day or even springtime. Sellers may panic and prices get cut in the hopes of getting the deal done before year’s end; it’s a good time for intrepid buyers to stay in the game, though, because the competition factor is at a minimum. After reading about Leo DiCaprio who, like Macy’s, Wal-Mart and Kohl’s, jumped the gun on the traditional discount day by price-chopping his haute-holistic Delos Living penthouse, we rounded up some stellar dwellings that received significant markdowns just in time for the popular post-Thanksgiving Day shop-a-thon. So if you’re on the hunt–or you’ve got a two-bed-two-bath-with-killer-views-sized stocking to fill–check out our list of sale merch of the real estate persuasion that–we hope–won't require you to queue up at the crack of dawn.
10 more discounted deals that are better than lords a-leaping
<b>NYC Volunteer Opportunities: Giving Thanks and Giving Back</b>
November 25, 2014

NYC Volunteer Opportunities: Giving Thanks and Giving Back

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The season of good cheer–and good food–has begun, but there are many who are left out in the cold. Share the abundance; volunteer your time, your food, or your funds (or all of the above) to help spread real warmth to all New Yorkers. We've rounded up Thanksgiving volunteer opportunities around the city to make it even simpler for you to give back.
Check out our list of ways to get involved
Live Amongst Priceless Artwork and Furnishings for $65K a Month
November 25, 2014

Live Amongst Priceless Artwork and Furnishings for $65K a Month

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Back in March, the owners of this remarkable townhouse listed it, along with such extravagant furnishings as a gold-plated sofa and an oil painting by Frank Sinatra, asking $27 million. We don’t know if prospective buyers were turned off by the lavish furnishings, or if the sellers turned to each other and said, “Wait… we’re selling a gold-plated couch?!” Either way there’s been a change of heart. Now, you can enjoy the five-story home and admire the artwork of Ol’ Blue Eyes for a mere $65 thousand per month, or you can purchase the home outright, unfurnished, for $22 million.
Take a look inside, here
Opulent Pad in Building Where Barbara Walters Once Lived Drops Price to $12.5M
November 24, 2014

Opulent Pad in Building Where Barbara Walters Once Lived Drops Price to $12.5M

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A renovated duplex maisonette in the same building Barbara Walters once called home has been struggling on the market since it was listed earlier this year. Now, after eight months and a few price drops, the price has landed at $12.5 million. The opulent space has four bedrooms, parquet de Versailles floors, and imported French First Empire fireplaces, all just steps from the iconic Central Park.
Take a look inside, here
Breathtaking Upper East Side Townhouse Boasts Four-Year Renovation Well Worth the Wait
November 21, 2014

Breathtaking Upper East Side Townhouse Boasts Four-Year Renovation Well Worth the Wait

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Great architecture, whether it's here in New York or elsewhere, is fully realized when the physical shape of the building, the interior design, and the surrounding landscape are brought together through great design, and this amazing Upper East Side townhouse is an impeccable example of this magical combination. Led by Steven Harris Architects and interior designer Rees Roberts + Partners, the house recently underwent a four-year renovation and re-decoration, and the results were clearly well worth the wait. The property boasts over eight stories and 8,500 square feet of living space, and it includes a bedrock basement pool, wine cellar, gym, and workshop.
You've got to see the rest of this home
Meticulous Maya Lin Renovation at the Curzon House Asks $60K/Month
November 21, 2014

Meticulous Maya Lin Renovation at the Curzon House Asks $60K/Month

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The holiday season is fast approaching, which means there are undoubtedly plenty of festivities on your calendar. Well, if you happen to have $60,000 a month in your pocket, perhaps you’ll enjoy this sprawling condo at The Curzon House; it's warm enough for the winter months and large enough to spread out in when you’ve had enough family time. Internationally renowned architect, Yonkers jail converter, and designer of the Vietnam Veterans Memorial, Maya Lin spent several years painstakingly renovating this spectacular pad. The end result is a showstopper that has been featured in a number of publications.
Take a look inside, here
118 East 59th Street: Boutique Skyscraper To Rise in Hybrid Area Between Midtown and the UES
November 13, 2014

118 East 59th Street: Boutique Skyscraper To Rise in Hybrid Area Between Midtown and the UES

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An exclusive condo tower is set to rise within the quickly changing area where Midtown East's commercial bustle tempers down into the elegant residential blocks of the Upper East Side. Located at 118 East 59th Street near Park Avenue, the unassuming site is being developed by Hong Kong-based Euro Properties, their first foray into the Manhattan market. The mid-block tower will soar 38 stories yet contain only 29 units–another example of the city’s new and somewhat oxymoronic building type, the boutique skyscraper, which typically contains fewer units than a standard six-story co-op building, and even fewer inhabitants. This 59th Street project will join the ranks of 432 Park Avenue (1,398 feet/104 units), 520 Park Avenue ( 781 feet/31 units), and 125 Greenwich Street (1,375 feet/128 units) as buildings with the greatest height-to-unit-count disparity.
More on the tower here
Beautiful Upper East Side Fairytale Mansion Now $2M Less
November 11, 2014

Beautiful Upper East Side Fairytale Mansion Now $2M Less

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The fairy tale of New York City is constantly unfolding, and this one-of-a-kind Upper East Side townhouse will surely set the scene for a romantic urban happily ever after. This home, originally built in 1893 by A. B. Ogden and Son, is located at 5 East 93rd Street, a stone's throw away from 5th Avenue and Central Park. Within the last few years the entire property was completely restored, and the elaborate detailing that went into the design of this home is immaculate. The listing price for this property is $17.95 million—and yep, if you’ve been following, it's dropped almost $2 million from its February listing price.
READ MORE
Warby Parker Creates Upper East Side Literary Map
November 10, 2014

Warby Parker Creates Upper East Side Literary Map

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You might have noticed that hipster eyeglass emporium Warby Parker took over the former Lascoff Drugs store on Lexington Avenue and East 82nd Street. The community is quite satisfied with their thoughtful reuse of the historic pharmacy, and in return, the company seems to be very in tune with the neighborhood of their latest outpost. Warby's latest foray into the world of the Upper East Side is a map of famous literary locations, from the Barbizon Hotel, fictionalized as the Amazon in Sylvia Plath's The Bell Jar, to Eloise's home at the Plaza Hotel.
More on the map here
Debra Messing Buys $5.5M Upper East Side Apartment
November 7, 2014

Debra Messing Buys $5.5M Upper East Side Apartment

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Her famous Will & Grace character may have lived on the Upper West Side, but Debra Messing is crossing the park for a new home at 3 East 84th Street. According to city records filed today, the actress purchased a $5.45 million co-op at the building. The four-bedroom unit is just a half block from Central Park and boasts 10-foot ceilings, a wood-burning fireplace, Juliette balcony, and charming country kitchen.
Check out Messing's new digs here
Masterful Oliver Cope Renovation in Lenox Hill Asks $10 Million
November 7, 2014

Masterful Oliver Cope Renovation in Lenox Hill Asks $10 Million

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There’s an exquisite new listing at 314 East 69th Street, asking $9.75 million. This remarkable townhome’s owners clearly spared no expense renovating the space, commissioning award-winning architect Oliver Cope for the job. His signature classic style suits this Lenox Hill house beautifully, and the final result is a spectacular home that is likely to impress even the most discerning prospective buyer.
Take a closer look, here
Lenox Hill Townhouse Near Andy Warhol’s Last Residence Asks $14.5M
November 6, 2014

Lenox Hill Townhouse Near Andy Warhol’s Last Residence Asks $14.5M

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Superstar broker Ryan Serhant has just listed a five-story townhouse at 56 East 66th Street, asking $14.49 million. This multi-family home has a lot going for it with a prime gold coast location, beautiful original details, and the potential to become a colossal 8,032-square-foot single-family conversion. So grab your architect and a little imagination because this prewar pad is just waiting to become somebody’s dream home.
See what else this mega-home has to offer
Dennis Mehiel Re-Lists Carhart Mansion Condo Asking $35 Million
November 4, 2014

Dennis Mehiel Re-Lists Carhart Mansion Condo Asking $35 Million

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Dennis Mehiel, corrugated cardboard magnate who ran against Gov. Cuomo in a 2002 election for lieutenant governor, has put his sprawling 10,350-square-foot duplex at the Carhart Mansion on the market, asking $35.9 million. This, after attempting to claim $35 million for it back in 2008, just a few years after he purchased the pad for only $15 million in 2005--"only" being a relative term, of course. The award-winning condo has a two-story master, an 1,100-square-foot grand salon, and the potential for six more private chambers..
Take a look inside, here
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