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Manhattan, real estate trends, Recent Sales

Though everything seems to slow to a glacial pace during the summertime months, a sluggish market wasn’t the case for condo sales the week of July 14th. Buyers steadily scooped up prime properties with the city so far recording 249 condo and co-op sales. Manhattan’s biggest buys came via the usual suspects—Flatiron’s One Madison, and uptown faves Carnegie Hill and the Arpthorp—with deals ranging from $10.1 million up to $14.5 million.

According to CityRealty‘s Market Insight report, although the city’s top exchanges registered above 23rd Street, when eyeing contracts closed over the last 90 days, it looks like Downtown Manhattan reigned supreme when it came to the highest number of units sold (337), and the top prices garnered per square foot ($2,077 and $2,047 in the West Village and Soho, respectively). Overall, the area recorded an impressive $1 billion in total sales over the last three months.

All the details in graph form here

Daily Link Fix

  • Channel Your Inner Beach Bum: If you’re thinking, “Where am I supposed to learn how to surf in the NYC area that doesn’t require me to go to Long Island?” That’s where Rockaway Beach and Locals Surf School come in. Cool Hunting features the year-round school founded by two former competitive surfers
  • Support Girls’ Dreams To Be Leaders: Forget Bill Gates, Mark Zuckerburg and Steve Jobs; this new documentary, now accepting pledges on Kickstarter, celebrates the women entrepreneurs. Donate to the campaign to empower and encourage young girls to be lady bosses and to “Dream, Girl.”
  • Tour A Museum After Hours: Gizmodo reported yesterday that Tate Britain After Dark, a project by The Workers, has finally launched. Watch four robots that have been let loose to roam the museum while it’s closed. The best part? You can sign up to control one of them! If you’re more of the observing type, be sure to tune in from now to Sunday to catch some live footage.
  • A Seat For Your Tush To A Pot For Your Plant: Unmanned bikes, get stolen. Unmanned bikes that are locked up and left for 10 minutes, get stolen. Unlike NYC, abandoned bicycles go unnoticed in Tokyo, and are usually left to rot. Junk Culture spotlights a new campaign to upcycle old bike seats into mini green spaces.

Images: Dream, Girl website (left); Saddle Blossoms courtesy of Junk Culture (right)

Celebrities, Cool Listings, Interiors, Soho

  • By Dana Schulz
  • , August 14, 2014

Looks like celebrities like flipping, too. Just two years after Jonah Hill bought his Soho loft at 27 Howard Street for $2.65 million, he’s put it back on the market for over a million dollars more. Now listed at $3,795,00, this full-floor, 2,000-square-foot pad was originally a two-bedroom when Hill moved in, but it’s currently configured as a massive one-bedroom space. And with an estimated net worth of $30 million, why not spread out and live the good life?

Check out the rest of this A-lister’s digs here

Brooklyn, Cool Listings, Interiors, Prospect Heights

  • By Stephanie Hoina
  • , August 14, 2014

Built in 1927, 535 Dean Street once housed the printing facility for the New York Daily News. For over 70 years the nightly presses delivered the latest local happenings to millions of New Yorkers in time for their morning coffee. These days, thanks to a 2002 condo conversion, residents can read their morning paper in grand style (though we aren’t sure if the New York Times is permitted on the premises).

Extra! Extra! Read More About It!

Interiors, Prospect-Lefferts Gardens

  • By Dana Schulz
  • , August 14, 2014

When you’ve traveled the world making documentaries about topics ranging from the “greening” of Big Oil to life in North Korea, you’re probably a little hard to impress. So this circa 1898 Romanesque Revival townhouse really must have made an impression on filmmaker Peter Yost. He and his wife snatched up the circa 1898 house at 66 Midwood Street in Prospect-Lefferts Gardens for $2.3 million according to city records, coming in over the $1,975,000 listing price. The five-bedroom house has been renovated to both preserve its historic elements and provide updated, modern amenities.

Ogle all of the home’s period details

Green Design, Urban Design

Could You Live on a 9 x 18 NYC Public Parking Space?

By Dana Schulz, Thu, August 14, 2014

  • By Dana Schulz
  • , August 14, 2014

Earlier this year, the Savannah College of Art and Design (SCAD) unveiled new ideas for public housing–in a parking lot on its Atlanta campus. SCADpads, as they’re called, reimagined the common public park space as a solution to the growing need for sustainable, efficient housing worldwide.

Now, a team of architect-fellows at the Institute for Public Architecture are building on the same idea, proposing ways to turn unused public parking spaces in New York City into housing, co-working spaces, bike-share stations, playgrounds, and farmers markets. The group is called 9 x 18, the size of a typical parking spot, and they have reevaluated the current zoning laws surrounding parking and affordable housing, using the Carver Houses in East Harlem neighborhood as a case study.

More about the new ideas

East Village, Interiors, Recent Sales

  • By Aisha Carter
  • , August 14, 2014

A lucky new owner just nabbed a charming little oasis in the heart of the East Village for $1.9 million, according to city records. And while you might be thinking an “East Village oasis” is a blatant oxymoron, this quiet little condo begs to differ. The property is almost like a secret garden in the city; hidden in a bustling neighborhood as opposed to being among the grounds of a vast manor. In fact, take a look inside this cozy unit, and you might forget all about the throngs of college students frequenting the bars right around the corner. Now that’s pretty impressive.

Find out more of this condo’s secrets, here

Featured Story

Features, Major Developments, New Developments, real estate trends, Starchitecture

  • By Lauren Price
  • , August 13, 2014

Great neighborhood? Check. Great apartment? Check. Curb appeal?

Killer first impressions can be long lasting — and whether it’s a newly advertised flavor of Ben & Jerry’s, an ad for Tory Burch’s latest shoe collection —or finding new digs, “love at first sight” spot-on marketing moments play a sizeable role in how we make our decisions.

Industry experts note that a large percentage of a house hunter’s decision to explore a property further than the curb is based the project’s “wow” factor. Truth is, it sets the “perception” stage of what’s to come beyond a grand entrance or swanky lobby that was designed to provide a sense of arrival and belonging. Obviously, at the end of the day, a building’s outside will only persuade potential buyers to see more, and first impressions can vary from one individual to the next, but the “I was meant to live here” moment is fairly universal.

How a building’s design tugs at your desire to ‘be someone’

Architecture, Getting Away, Starchitecture

  • By Diane Pham
  • , August 13, 2014

Philip Johnson is best known for his use of glass, and his iconic Glass House in New Canaan, Connecticut, is without question his most famous work. But did you know that Johnson also dabbled in plywood construction? In fact, the architect designed several wood homes in the forestlands of Connecticut, including the Wiley Speculative House.

The home was the first (and ultimately, only) of Johnson’s “speculative houses” planned for a large scale residential development headed by the Wiley Development Corporation in 1954. Though built without a hitch, and despite Wiley’s willingness to replicate the home for anyone, anywhere in Connecticut’s Fairfield County, Wiley’s hope for a Johnson-designed development flopped as nobody wanted to pay $45,000 to live in one of the houses. As a result, the Wiley Speculative House saw a somewhat sad fate and remained under the ownership of Wiley’s trust until it was sold off a year later. Since then, the home has changed hands at least nine times, and now nearly 60 years later it’s for grabs again, this time for $1.575 million.

More on the lesser-known Johnson house here

Real Estate Wire

  • Tour the new Long Island City residential building that sits behind the Pepsi sign. [Curbed]
  • Extell is bringing a 52-story, 710,907-square-foot residential building to 41st Street and 5th Avenue. The company spent $16.46M on the development and to acquire the air rights from nearby St. Raphael’s Church. [CO]
  • Spending on NYC residential construction has jumped 50-percent, but the units yielded will be fewer than previous years. The reason? Dollars are being poured into building luxury properties designed for wealthy residents or investors. [Crain’s]
  • A profile of the six Chinese real estate titans snatching up properties in the city. [TRD]

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