New Jersey

Two-Tower Hell’s Kitchen Rental Debuts with Impressive Leasing Special [link] More Than Views – A Closer Look at Jersey City’s 53-Story Rental, Journal Squared [link] No-Fee Apartments with 2 Months Free at 507 West Chelsea, Luxe Living on the High Line [link] New Harlem Rentals Debut on 125th Street; Apartments from $1,994/Month [link] $1,000 Deposits […]

Real Estate Trends

To ease Penn Station woes, a new plan calls for a transit hub in Sunnyside, Queens

Via ReThink Studio

May 15, 2017

To ease Penn Station woes, a new plan calls for a transit hub in Sunnyside, Queens

With its constant delays and malfunctions, Penn Station is becoming a worse and worse nightmare for countless commuters and visitors. Last year, Governor Cuomo revealed a plan to redevelop the train hub, one of the busiest in the country, by building a new train hall with restaurants and shops, but while the artful renovation will make Penn Station more attractive, it will do little to address the passenger congestion problem, according to think tank, ReThink Studio (h/t Crain’s). In response, the group came up with an idea called ReThinkNYC that would create a new transit hub in Sunnyside, Queens, to connect commuter lines with the subway system. Instead of making Penn Station the final stop for NJ Transit and LIRR commuters, trains would pass through instead of stopping and turning around.
All the details ahead

Images (L to R): House39, The Dean, 101 West End Avenue and Haven

May 12, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

Heated Indoor Pool + More Fun Amenities at Greenpoint Rental Leasing with 1 Month Free [link] Striking Crown Heights Rental ‘The Dean’ Debuts; Loft-Inspired Homes from $2,605/Month [link] HOUSE39; Midtown’s “Best in Class” Tower Now Offering 2 Months Free [link] Haven at 875 Dekalb Avenue, Bed-Stuy Rentals with 1 Month Free & 1-Bedrooms from $2,249/Month […]

Real Estate Trends

Images (L to R): 461 Dean Street, AIRE, 26 West Street and Henry Hall

April 28, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

Images (L to R): 461 Dean Street, AIRE, 26 West Street and Henry Hall 30-Story Hudson Yards Rental Opens with Unobstructed Views, Apartments from $3,200/Month + 1 Month Free [link] Views Galore at Top-Notch Tribeca Rental, Now Leasing with 1 Month Free [link] World’s Tallest Modular Building Now Leasing with 2 Months Free [link] Leasing […]

Real Estate Trends

April 26, 2017

16 spring house tours to check out in and around NYC

It's that time of year again—house tour season! Architecture buffs, historic home junkies, and garden lovers revel in the spring lineup of events, and to make planning a bit easier, 6sqft has rounded up 16 tours in and around New York City. From Harlem brownstones and Park Slope townhouses to Hamptons estates and Nyack mansions to Jersey shore beachfront homes and Hoboken's secret gardens, there's a little something for everyone.
The full event roster, right this way

April 21, 2017

100-year-old New Jersey ‘castle’ with 58 rooms hits the market for $48M

One of the most expensive residential listings in New Jersey recently hit the market at an asking price of $48 million. The 100-year-old, nearly 50,000-square-foot mansion sits on 12.5 acres in Mahwah with views of the Ramapo Mountains (h/t Wall Street Journal). The enormous house, originally built in 1907 by George Crocker, son of railroad tycoon Charles Crocker, was modeled after a Jacobean-style English castle and today boasts a 45-foot-tall organ, 29 bathrooms, 21 bedrooms, and two full kitchens, one equipped to serve an impressive 250 meals at a time.
See photos of the incredible mansion

Images (L to R): 153 Remsen Street, Hubb, Trump Bay Street and Orient Park

April 21, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

The Lincoln Apartments at Prospect Park Debut with 2 Months Free; Units Start from $2,186/Month [link] Trump Bay Street, Luxury Rentals in Jersey City, Now Leasing with 2 Months Free [link] Lower East Side Rental ‘Rivington House’ Offering 1 Month Free on Renovated Apartments [link] $500 Security Deposits at 180 Montague Street in Brooklyn Heights […]

Real Estate Trends

April 21, 2017

For one week only, get an up-close view of Staten Island’s proposed aerial gondola

While the city continues to develop ways to quicken commutes between Manhattan and the outer boroughs (like the soon-to-be-launched NYC Ferry), the Staten Island Economic Development Corporation (SIEDC) has taken matters into their own hands and created an idea for an aerial gondola. Similar to the East River Skyway proposal, which would transport passengers across the East River to ease the inconvenience of the impending L train shutdown, the gondola would take commuters in the sky from the borough to Bayonne, NJ where they'd connect to the Hudson-Bergen Light Rail and ultimately the PATH. As WYNC learned, starting this week and for seven days only, the gondola will be touring Staten Island on the back of a flatbed truck to boost support from officials to fund the project.
Find out more

April 14, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

Images (L to R): 3 Journal Square, Stuyvesant Town, 253 West 72nd Street, Myrtle & Steuben 2 Months Free at New Hell’s Kitchen Rental [link] 1 Month Free at West 72nd Street Prewar [link] StuyTown Offering $3,600 Move-In Bonus Until April 16th [link] 1 Month Free at Newly Launched Clinton Hill Rental [link] Renovated Rentals […]

Real Estate Trends

April 4, 2017

The 10 best neighborhoods for New York City artists

Like most things in New York, creative communities come and ago as new development and rising rents force artists to move on to the next best, or cheaper neighborhood. While 6sqft found 'hoods like the Upper East Side, Harlem and Long Island City to be the best places for artists a few years back, we've updated our top-10 list to reflect the changing times. Ahead you'll find some areas you may expect--Sunset Park and Bushwick, for example, along with more up-and-coming artsy enclaves like Newark, Washington Heights, and the South Bronx.
The full list right this way

March 30, 2017

Studio V’s art-focused development will bring 1,200 residential units to Journal Square

With significantly lower rents than Manhattan and a less than 20-minute PATH ride to the city, Journal Square continues to blossom into the next hip neighborhood. In addition to the 10+ major residential projects going up in the neighborhood, it's also looking to become an official Art District. According to Jersey Digs, the newest project to follow suit is a two-tower, mixed-use complex at 808 Pavonia Avenue, adjacent to the historic Loew's Jersey Theater. Developer Harwood Properties tapped Studio V Architecture to create a pedestrian neighborhood, focused on arts and cultural facilities.
Find out more here

March 17, 2017

FREE RENT: This week’s roundup of NYC’s rental concessions

Sutton Place High Rise Re-Introduced as Oriana Launches Leasing with Two Months Free [link] Downtown Rentals at 90W in the Financial District Offer Up to 2 Months Free [link] Spring 2017 Leasing Announced for DUMBO’s 181 Front Street, Website Launches with New Photos [link] LIC Rental ‘The Independent’ Offers Two Months Free with 14-Month Lease […]

Real Estate Trends

Richard Meier’s mixed-use Teachers Village development is revitalizing downtown Newark

Residential Building VII, via Scott Frances

February 23, 2017

Richard Meier’s mixed-use Teachers Village development is revitalizing downtown Newark

With Hoboken long gone and Jersey City well in the throes of gentrification, it makes sense that Newark is the next New Jersey city poised for a renaissance. Not only is it easily accessible via both NJ Transit and the PATH, but its wealth of former industrial buildings lend themselves to a DUMBO-esque revitalization. In the up-and-coming downtown area, Newark native Richard Meier is behind Teachers Village, a 23-acre, mixed-use complex that is well on its way to restoring a sense of community to the neighborhood. The $150 million project will encompass three charter schools, ground-level retail, and 204 residential units with a preference given to educators, all located in six new buildings designed in the starchitect's signature style of white materials and gridded facades.
All the renderings and details this way

February 6, 2017

A High Line-esque bridge and park are coming to Newark, New Jersey

By Diane Pham

Change is coming quickly for Newark, New Jersey, where many are pegging the long-troubled city for a renaissance akin to Brooklyn's. In January, city officials and developers unveiled their plans for Mulberry Commons, a 22-acre development in Newark's downtown that would not only bring forth new residential, commercial, and office space*, but also a three-acre park and a High Line-style pedestrian bridge that would connect the Ironbound neighborhood to Newark Penn Station and the central business district. According to the Newark Department of Economic & Housing Development, the city is expected to benefit in excess of $500 million from the project.
more details here

Uncategorized

January 18, 2017

POLL: Will construction begin on a new Port Authority bus terminal by 2021?

After stalling repeatedly over design disagreements, budget woes, and funding squabbles, NJ.com reports that The Port Authority said it hopes to have a new midtown Manhattan bus terminal built in New York by 2030, shovels in the ground by 2021 and be "well underway" by 2026. Though some lawmakers expressed doubt about the ambitious schedule, Steven P. Plate, Port Authority chief of major projects, said at a Legislative Oversight Committee joint hearing about the agency's $32 billion revised capital plan, "We will have full environmental approval, permits in place and construction well underway" according to that timeline.
Think it will happen?

Transit

January 5, 2017

NFL star Damon Harrison scores a $1.55M ritzy manor in northern Jersey

By Annie Doge

Defensive tackle Damon Harrison (aka Snacks) signed a $9.25 million/year contract with the New York Giants in March 2016, and it looks like he's decided to put some of that cash into the real estate game. The Post reports that the 28-year-old player just dropped $1.55 million on a ritzy, custom-built manor in northern New Jersey. Located in the Washington Township, about 20 miles from MetLife Stadium, the palatial, 7,080-square-foot home was custom built in 2013 and boasts glamorous (though at times a bit gaudy) details like an oversized heated driveway to melt snow, a two-story marble foyer complete with a bridal staircase and gigantic chandelier, and a double-height great room overlooked by three upstairs balconies.
See it all here

January 5, 2017

Port Authority’s ‘quid pro quo capital plan’ for NY and NJ stifles infrastructure improvements

By Diane Pham

Yesterday, 6sqft revealed Governor Cuomo's plan to give JFK Airport a long overdue overhaul, an endeavor that would cost nearly $10 billion, funded just over two-thirds in part by the private sector with another $2 billion provided by the government. Given that most of New York and New Jersey's regional transportation infrastructure (including bridges, tunnels and airports) falls within the joint jurisdiction of the Port Authority of New York and New Jersey, New Jersey will as a result receive similar funding for a project of their own—and that's a problem according to The Record reporter Paul Berger. Yesterday, Berger published a confidential document obtained from the Port Authority that details how $30 billion will be spent on infrastructure over the next 10 years. While the purpose of the Port Authority is to divvy up cash across the region based on need, as Berger writes, the document simply shows how "interstate jealousies over funding" have led to a "quid pro quo capital plan" that completely bucks this objective.
more details here

Transit

October 26, 2016

The oldest existing Ellis Island ferry could be your quirky home for $1.25M

By Emily Nonko

For those who prefer the water to the actual city, here's a once-in-a-lifetime opportunity. The MacKenzie-Childs Yankee Ferry is up for sale and could actually be your next home. Built in 1907, the ferry served in World War One before it was acquired in 1921 by U.S. immigration services to serve as the Ellis Island Ferry until 1929--it is now the oldest existing Ellis Island ferry still on the water. It sold again in 1929 for use as a tour boat, served in World War Two, and then finally sold to a private owner in 1990 who began a restoration. In 2003, the ferry ended up with its latest owners, Richard and Victoria MacKenzie-Childs, who founded the design firm MacKenzie-Childs in 1983. The couple moved it to Pier 25 in Hoboken, New Jersey to continue an oddball restoration that's brimming with personality. It is now outfitted as a bona-fide house boat, and for $1.25 million you could be part of the ferry's incredible history.
You have to see inside this boat

October 18, 2016

Approval process for new $24 billion Hudson River tunnels fast-tracked; construction could start in 2019

The $24 billion plan to construct two rail tunnels beneath the Hudson River has been designated a priority, which will get it fast-tracked through environmental and permitting stages and trim development time by a year or more, the Wall Street Journal reports; with construction beginning in 2019, the tunnels could be operational as early as 2024, U.S. Transportation Secretary Anthony Foxx said at a news conference at Penn Station on Friday. Both Amtrak and NJ Transit will use the new tunnels, which are among the first steps in a broader plan by Amtrak find ways to handle double the current number of passenger trains running beneath the Hudson River.
Find out more

Transit

September 30, 2016

Hexagonal Frank Lloyd Wright ‘Usonian’ house for sale for $995K in Glen Ridge, New Jersey

This unique listing should definitely get the attention of modern house lovers and math geeks. One of three remaining New Jersey homes (a fourth was moved to Arkansas in 2014) designed by Frank Lloyd Wright is up for sale for $995,000. The home was purchased by the current owners in 1996 and restored to "purists' standards" in 2006. The house follows the architect’s “Usonian” plan which incorporates native materials and strong visual connections between interiors and the exterior landscape.
Check it out

September 30, 2016

Aerial gondola proposed to better connect Staten Island with Manhattan

With subway plans stalling and bus service failing, planners are turning their sites to alternate modes of urban transportation such as ferries and aerial gondolas. The latter has picked up steam over the past year thanks to the East River Skyway, which would run along the Brooklyn waterfront and into Manhattan, and it looks like the transit-starved folks over on Staten Island have taken note. Earlier this year, the Staten Island Economic Development Corporation launched a conceptual design competition for an aerial tramway that would better connect the borough to surrounding areas. As Untapped tells us, the winning proposal is a line that runs parallel to the Bayonne Bridge from Elm Park to the Hudson-Bergen Light Rail in Bayonne.
Find out more this way

September 21, 2016

POLL: Is Journal Square the Next Brooklyn?

These days, everything seems to get the Brooklyn stamp. The Post even went so far as to declare Pennsylvania's Amish Country the new incarnation of the borough. But a bit closer to home, Jersey City's Journal Square is making serious headway in the race to become the next frontier. As CityRealty.com recently explained, the slightly-inland area, easily accessible to Manhattan via the PATH train, is prime for development due to lower land and construction costs than the waterfront. At least 10 major residential projects are planned for Journal Square, and according to Ken Pasternack, chairman of developer KABR Group, "Rents for a new-development high rise will be $40 a square foot here, as opposed to $100 in Manhattan. We’re betting tens of millions of dollars that in the next 10 years, the neighborhood will be a brand on par with Brooklyn."
Do you agree?

Real Estate Trends

The next frontier: A roundup of new developments reshaping NJ’s Journal Square

A Google Earth rendering of future Journal Square. Created by CityRealty

September 20, 2016

The next frontier: A roundup of new developments reshaping NJ’s Journal Square

By Emily Nonko

The migration of the New York development rush over to Jersey City was no surprise. Located along the waterfront, Jersey City boasts impressive views of the skyline and easy access into Manhattan from the PATH train. But as new development arrived at a rapid pace, it has resulted in rising prices and a lack of […]

Architecture And Design

September 12, 2016

So+So Studio reimagines an abandoned Jersey City railroad as an elevated public park

By Katy Cornell

Architecture firm So+So Studio has proposed a new vision for New Jersey's Bergen Arches, an abandoned four-track cut of the Erie Railroad that runs one mile through the Palisides. The site has remained unused, overgrown, and forgotten since the last train ran in 1959. So+So, however, sees a much more lively vision for the tracks, and they've teamed up with Green Villain, a Jersey City place-making organization, and local residents to turn the unused space into a locale for artistic and leisure activity. Dubbed "The Cut," the project is both architectural and landscape-based, calling for an elevated system of ramps and walkways that will take participants under canopies, through sculpture gardens, and into graffiti-tunnels more than 60 feet below ground. With the public park, So+So hopes to promote contemporary local artists as well as expose decades of preserved graffiti and art that line the forgotten landscape.
see more here

Architecture And Design

September 9, 2016

$1.3M mid-century-modern home in NJ has Eichler lines and Manhattan skyline views