When Extell Development, Hines and JDS Development Group tapped into air space along West 57th Street to push their projects to well above 1,000 feet, preservationist groups were up in the arms. Their outrage prompted The Municipal Art Society, a non-profit whose mission is to “fight for intelligent urban design, planning and preservation through education, dialogue and advocacy”, to create a new map showing just how much untapped development potential exists in the square footage above every property in Manhattan.
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After re-listing her DUMBO digs for the second time in early June, Anne Hathaway has found a buyer for her Clocktower loft, last priced at $4.25 million. Hathaway snagged the 2BR/3.5BA unit at 1 Main Street with then-fiancé Adam Shulman in February 2013 for $4.1 million, but reportedly never moved in, instead using the 2,592-square-foot apartment as an extremely oversized closet. The unit first hit the market in September 2013, but was removed shortly thereafter in December.
The buyer hasn’t yet been identified, but he or she will certainly not be disappointed with the giant master suite, library and media room, corner layout, and spectacular views of the Brooklyn Bridge, Manhattan Bridge, and Manhattan skyline.
We’re thinking of becoming local college basketball fans — not necessarily because we love the sport, but because we’re dying to get inside this Long Island University gymnasium that was once the Brooklyn Paramount Theatre. Commissioned in 1928 by Paramount Pictures, with a sister theatre in Times Square, this regal venue was the largest movie theatre in Brooklyn, second largest in the city, and the first theatre designed for talking pictures. Noted theatre architects Rapp and Rapp designed the rococo-style palace with 4,084 burgundy velvet seats, a ceiling painted with clouds, a 60-foot stage curtain decorated with satin-embroidered pheasants, huge chandeliers, and tiered fountains filled with goldfish.
Movie houses struggled during the depression years, and by 1936 the Brooklyn Paramount Theatre had lost $1.5 million since opening. In 1950 Long Island University purchased the building, and twelve years later they renovated the auditorium as their gymnasium keeping the original, ornate details of the space intact. The LIU Blackbirds played their first game in 1963, and in 1975 a second renovation occurred thanks to funding from local businesses.
When we say “out of this world,” we don’t just mean it’s an amazing architectural feat — this apartment was actually modeled after Spaceship 1 through its technology and methodology. Also known as Luminal Gallery, the loft is the first dedicated video-art gallery in New York City. The 6,000-square-foot space was designed by architectural firm Jendretzki and features organic architecture meant to evoke the future, which is playfully juxtaposed against industrial loft details like cast-iron columns and exposed wood ceiling beams.
Real Estate Wire: NYC Real Estate Is the New Swiss Bank Account; SHoP to Design Brooklyn’s Tallest Tower, Mon, June 30, 2014
Today’s real estate highlights in one digestible bite:
- Kim and Kanye leaving Cali? The pair were spotted penthouse shopping downtown. One of their stops included this stunner at 215 Sullivan Street. [NYP]
- Jeff Koons got the OK to build a mega-mansion at 11 and 13 E. 67th Street. Koons’ new pad will measure 19,325 square feet and Peter Pennoyer is listed as the architect. [NYP]
- Cantilevering condos by ODA Architecture are coming to the LES. [Buzz Buzz Home]
- A former haunted house across the street from the Barclays Center is hoping to attract tenants when it comes back from the grave as a shiny, new retail building. [The Real Deal]
- All five of Modern 19’s condos are officially on the market. They’ve been priced from $1.725 million to $5.995 million. [Curbed]
- After a decade’s worth or roadblocks, a 42-story residential tower at 160 Madison Avenue has topped out. [Curbed]
- Stash Pad: NY Mag’s fascinating feature focuses in on New York City real estate as the modern Swiss bank account for billionaires. [NYMag]
- The condo market is heating up as new developments rise across U.S. [Bloomberg]
- Sam Chang scoops up a Garment District property for $112M. A residential and hotel combo may be in the works. [The Real Deal]
- Sorry 388 Bridge, a SHoP-designed tower will be taking the top spot as Brooklyn’s tallest at 775 feet. No design has been revealed yet, but the building will be a mixed-use residential and commercial destination. [YIMBY]
Cantilevering condos for the LES (left); The NY Magazine cover story (right)
Wood-paneled walls came along before the dark, dreary styles of the 80s that were found in your grandparents’ basement. Earlier in the century, modernist architects, such as Jean Michel Frank, Adolf Loos and Bruno Paul, tastefully incorporated them in their designs.
This splendid penthouse, located in a Civil War-era building in Tribeca, is inspired by that style, masterfully melding limed oak paneled walls with dark wenge flooring and 90-degree angles. Though definitively modern, this home’s calming simplicity and warm material palette give way to cozy and welcoming rooms not often attainable in spaces of this size.
There’s only so many miniature bats and steeply priced game tickets you can buy for the baseball-loving family member or friend in your life, so Uncommon Goods’ Ballpark Blueprints are the perfect gift for aficionados of America’s pastime.
The framed illustrations “evoke the nostalgia of midcentury architectural plans” through an aged finish that gives the look of a vintage document. Each print comes complete with the stadium’s design specs and notes particularly interesting game stats. The Portland-made drawings are printed on museum-grade archival paper and framed in black poplar wood using acid-free archival board.
Norman Foster’s design for the New York Public Library (NYPL) may have been scrapped, but the library isn’t giving up on the opportunity to turn its space into an innovative learning hub. As the NYPL gears up for a new $300 million renovation plan, they’re turning to a very unlikely locale for their inspiration: The South.
The NYPL is using two high-tech libraries in Tennessee and North Carolina as models for their new spaces at the Schwarzman building and the highly trafficked Mid-Manhattan branch across the street. The renovation will be geared towards the needs of teachers, students and entrepreneurs, and will be designed to support collaborative pursuits within the library walls.
We think it was Joan Collins who said the key to a successful marriage is separate bathrooms. Well Joan, we think you’d be pleased with this $13.5 million sprawling unit at the Legacy. 157 East 84th Street Unit THEW offers a unique opportunity: the chance to take 2 duplex townhouse units and put them together for a ginormous 6BR/6BA, 8,648-square-foot Manhattan mansion. A Manhattan mansion with two private outdoor spaces, tons of storage, and bathrooms for everyone.
- 12-Year-Old Catches Another Great White Shark in the Rockaways: Okay… we’re sure by now you’ve figured out that one of our writers… (not saying who)… is a little obsessed with sharks. Either way, Brooklyn mag has pics of a kid catching another shark, and they’re 99.9% sure it’s a marketing ploy for the new Sharknado movie. But it’s not like any of us will be watching or anything…
- Shake Shack Flagship to Close for Five Months: Say it isn’t so! We’re guessing Danny Meyer truly believes that absence makes the heart grow fonder because Shake Shack’s mainstay at Madison Square Park is closing for 5 months for repair, according to the Observer. But before you panic, find out when. It might not be as bad as you think… okay it’s still bad.
- Made-in-Brooklyn Brands to Get Certified: Won’t the real Brooklyn brands please stand up, please stand up, please stand up? According to the NY Post, the Brooklyn Chamber of Commerce is initiating a Brooklyn Made certification program to separate the wannabes from the authentic.
- History Tribute Fence Celebrates Diversity: In an effort to soften the blow of the less-than-pretty on-going construction site at Essex Crossing, Laurene Leon Boym’s artwork was chosen to dress the fence. Bowery Boogie has more details, including some of the drawing’s names.
- How to Get to New York’s Nuclear Lake: Scouting NY takes us on a journey to a former nuclear research lab from the 1950s. And you just wait until you see the lake!
Images: Shake Shack Madison Square Park (left), History Tribute Fence (right)