After years of failed attempts by developers, GFI Capital Resources Group is accomplishing what some thought was impossible: They are converting 5 Beekman Street – along with its empty next-door neighbor 115 Nassau Street – into a hotel and condo.
The landmark building was one of New York’s original skyscrapers, once towering nine stories. Its distinctive architecture boasts the famous Temple Court, an interior atrium punctuated by a skylight in the shape of a pyramid. It is surrounding this very feature that 287 hotel rooms will be constructed.
Read on for more details here
Amoeba, organ, extraterrestrial creature — take your pick; this transportation hub dubbed the Urban Alloy Towers is quite interestingly shaped. The creation of Chad Kellogg and Matt Bowles of AMLGM, the structure is proposed for the area around where the LIRR station in Woodside, Queens links to the 7 train.
The idea came from the notion that large-scale housing development is most successful when located near transportation. So, Kellog and Bowles figured they’d put their development “directly on the intersections between surface and elevated train lines,” utilizing the remnant spaces surrounding the train infrastructure. Included in this multi-use structure would be live/work spaces, retail, small offices, both market-rate and luxury residential units, SROs, and a central atrium.
Read more about the design here
It looks like documentary filmmaker Ken Burns is moving his family into Pritzker Prize winning architect Richard Meier’s On Prospect Park. The Burns family dropped $2.75 million on the home, which is located in one of Brooklyn’s most beautiful (and active) corners — just steps away from Prospect Park, the Brooklyn Botanical Gardens, and the incredible Brooklyn Museum and Public Library.
It’s reported that the Mamma and Papa Burns spend most their time in New Hampshire, so it’s likely that the 2,107-square-foot, 3BR/2.5BA modern abode will become the love nest of his daughter Lily (who was also listed on city records) and her fiance Tony Hernandez, both of whom are producers.
A look inside the on prospect park apartment here
US senator Alan Stuart “Al” Franken, and his wife Franni, have just sold their 2,600-square-foot co-op at 90 Riverside Drive for $4.05 million.
According to the listing held by Warburg Realty, the home features four bedrooms, hardwood floors, three dishwashers, and sunny southern exposures in a turn-of-the-century landmarked town home. From pictures, it looks quite quaint and charming, despite its multi-million dollar locale.
City records show that the politico and former SNL star handed the keys to his UWS digs over to James Stone, a managing director at New Mountain Finance, and Lisa Kiell, international director at Jones Lang La Salle.
Peek inside the former Franken pad here
After a long stint on the market, designer Derek Lam and his partner Jan-Hendrik Schlottmann are officially parting ways with their Soho loft.
The pair put the two-story, 2,117 square-foot space on the market for $6 million last year, and they came in just a little short of their ask. The loft comes complete with a second story devoted entirely to the master suite, huge windows, and translucent panels that allow the home’s inhabitants to reconfigure the kitchen and living room spaces as need be. They purchased the 3 BR/3 BA Mercer Greene apartment back in 2011 for $4.65 million. Another fun fact: Rihanna also once lived in the building.
Take a look inside the loft here
The Pritzker Architecture Prize is architecture’s most acclaimed honor. Since 1979, the award has been given away annually to honor one living architect whose built work demonstrates consistent and significant contributions to humanity and the built environment. New York City is home to structures built by 12 of the 36 past winners — ranging from Philip Johnson to I.M. Pei to this year’s winner, Shigeru Ban — and currently holds 14 residential examples of their work. One other fascinating tidbit is that condos designed by Pritzker Prize winning architects are selling on average a whopping 44% higher (price/square foot) than those their respective neighborhoods, and 47.5% higher than the Manhattan market average. But are they worth the money? Learn more about them all ahead.
Are these Pritzker Laureate-designed condos worth their markup?
The late modern dance choreographer Joan Miller‘s Soho loft was just purchased for $1.5 million by film director Chiara Clemente and her partner Tyler John Thompson.
The spacious, sun-filled loft is situated in a boutique, prewar, six-story co-op at the corner of Crosby and Grand Streets. The hip locale perfectly suits Clemente and Thompson’s M.O. — the duo have been featured in all the coolest mags and sites, from Purple to W magazine to Opening Ceremony. Clemente has even worked with legendary photographer Bruce Weber.
Take a peek inside this stunning studio
Vestar Capital founder and co-president Robert Rosner and his interior designer wife have snapped up a 14th floor condo at 1095 Park Avenue.
The couple was previously in the former Stanhope Hotel, a 1926 Rosario Candela jewel box at 995 Fifth Avenue opposite the Metropolitan Museum of Art, that was converted into luxury condos. Their new abode features the same modern, streamlined aesthetic of their previous space — a style which Mrs. Rosner has once described as “a chic and sleek downtown sensibility in an iconic uptown setting.” Do you agree?
Get a closer look inside here
Manhattan-based owner/developer Sherwood Equities has sold multiple Hudson Yards parcels to Tishman-Speyer for $200 million, reports Jeffrey Katz, Sherwood president, in a press release today.
The sites are situated at the southeast corner of West 34th Street and Hudson Yards Boulevard, and at West 35th Street and Tenth Avenue, and neighbors another parcel purchased by Tishman-Speyer from the Rosenthal family. The WSJ reports the total deal rings up at $438 million.
The combined parcels will allow Tishman-Speyer to develop a 2.25 million-square-foot, full-square-block office building, which could become the tallest structure in the United States at 1,800-feet tall. The unbuilt tower has already been christened the Hudson Spire.
Society pianist Peter Mintun, has just sold his stunning Washington Heights townhouse to Columbia Artists Music mogul Jean-Jacques Cesbron and his wife, for $2.2 million.
The beautiful four-story, 5BR/3BA home was designed by Henri Fouchaux and constructed in 1896. Located at 436 West 162 Street in the Jumel Terrace Historic District, it is considered one of the best preserved buildings of its type. Original wood and details like speaking tubes, skylights, pocket doors, a working dumb waiter, and seven tiled fireplaces are just some of the incredible features that can be found within. The home has even appeared in the scenes of several movies and documentaries, and is often highlighted on neighborhood tours.
See more photos of the interior