The first of what’s sure to be many flips at One57 has just netted its seller a respectable $3.45 million profit, just five months after its purchase. According to NYDN, the former owner, Investor Sso Enterprises, paid $30.55 million for the 58th-floor three-bedroom back in May, now selling it off for $34 million to hedge fund manager Harvey Sandler and his wife.
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We were pretty bummed over the summer when we heard that Long Island City graffiti mecca 5Pointz was being torn down and replaced with condos. But now that the site has officially been razed, a group of architects are taking this crime against architecture and using it to fuel their mission of preserving the city’s unofficial artistic and cultural landmarks.
Arianna Armelli, Ishaan Kumar, David Sepulveda, and Wagdy Moussa created DEFACED as a group that “values artistic freedom and expression, protecting the cultural relics of New York City refusing to witness the complete disregard for the history of New York.” As their first order of business, they’ve created a proposal to buy back the 5Pointz site from developers and build a creative oasis that includes an urban rooftop with rainwater collection system, artist gallery, and recycling center.
Just this August we took a glimpse inside an adorable East Village apartment at 217 2nd Avenue with not one, but two gardens. Now, the penthouse of the same building is on the market, asking $2.8 million; and just like its neighbor, this apartment charms from start to finish.
This full-floor condo manages to seamlessly blend old-world New York with rustic touches such as wide plank pine floors, vintage oak cabinets and a “lovingly worn” marble sink. Enter the home to find the industrial chic commercial grade kitchen with a skylight and a spiral staircase, which we’ll get to later.
It seems like every week a new residential skyscraper is being announced in New York City, just earlier this week the New York Times noted that a partnership between Steven Witkoff and Harry Macklowe is moving ahead with a redevelopment of the Park Lane Hotel at 36 Central Park West with an 850-foot tower.
With the mind-boggling amount of residential spires poised to pierce the sky, here’s a quick rundown of the tallest of the tall–the spindly bunch set to soar higher than 700 feet. Keep in mind that just 30 years ago, the tallest residence in the city was perched atop the 664-foot Trump Tower. Today, buildings are on the drawing board for more than twice that height.
Mayor de Blasio’s Park Slope clapboard house, located at 442 11th Street, has hit the rental market today, asking $4,975 a month. The 100-year-old, three-story home has a private backyard (complete with herb garden and crab apple tree) and three bedrooms…but only one bathroom, which is up on the third floor. Chiara and Dante definitely had a hand in painting their bedrooms (photos and video after the break), and the dwelling retains some of its original, historic details.
It may not be Gracie Mansion, but according to its broker, this mayoral abode offers a lot for it’s price.
Before there were sports bars and college dorms, there were bratwurst and shooting clubs. In 1855, New York had the third largest German-speaking population in the world, outside of Vienna and Berlin, and the majority of these immigrants settled in what is today the heart of the East Village.
Known as “Little Germany” or Kleindeutschland (or Dutchtown by the Irish), the area comprised roughly 400 blocks, with Tompkins Square Park at the center. Avenue B was called German Broadway and was the main commercial artery of the neighborhood. Every building along the avenue followed a similar pattern–workshop in the basement, retail store on the first floor, and markets along the partly roofed sidewalk. Thousands of beer halls, oyster saloons, and grocery stores lined Avenue A, and the Bowery, the western terminus of Little Germany, was filled with theaters.
The bustling neighborhood began to lose its German residents in the late nineteenth century when Jewish immigrants from Eastern Europe move in, and a horrific disaster in 1904 sealed the community’s fate.
Sure, this beautiful Tribeca loft by designer Ghislaine Viñas has the requisite “grown up” touches. One look at the soothing palette and economy of design in the master bedroom and the word sanctuary easily comes to mind. Similarly, the kitchen’s clean lines and austere finishes are decidedly adult.
But make no mistake; this is very much a family home. Skillfully combining stark white furnishings with bursts of bright color, Viñas clearly had fun ensuring this home’s youngest inhabitants felt, well…at home.
- Listings hit for 160 Imlay, the Morris Adjmi-designed conversion in Red Hook. [Brownstoner]
- Commercial building sales expected to top $52 billion this year, the highest since 2007. [Daily News]
- Jets owner Woody Johnson lists 834 Fifth Avenue duplex for $75 million. [New York Post]
- Developers bring back plans for mixed-use complex in Sunset Park. [Brooklyn Paper]
- Renderings revealed for 86 Fleet Place, John Catsimatidis’ 32-story, glassy residential building in downtown Brooklyn. [Yimby]
The Rainbow Room served its first guests on October 3, 1934, and now, almost 80 years later to the day, the historic restaurant and event space has reopened after a restoration by Gabellini Sheppard Architects.
Located on the 65th floor of the Raymond Hood-designed 30 Rockefeller Plaza (30 Rock), it was the first restaurant located in a high-rise building and for decades was the highest restaurant in the country. Suffering from a decline in business, the fine-dining establishment closed its doors in 2009. But in 2012, the Rainbow Room was declared an official interior landmark by the Landmarks Preservation Commission (LPC), and a year later it was announced that the storied space would reopen this fall. Right on schedule, the new incarnation of the venue opened last night for a preview by the Sir John Soanes Museum Foundation.
If this mother-daughter client was nervous about going in on a weekend retreat together, Leroy Street Studio‘s design probably eased any anxieties they had. Located in East Hampton, the Stone Houses sit on a flat, open 12-acre site full of lush greenery.
The clients requested that their homes have great expanses of glass to take in the views, as well as that the buildings were low-maintenance and incorporated Westchester granite. Sticking to this plan, the firm created two buildings that “together create an abstract composition of planar materials which redefine the property as a series of internal and external courtyards spaces for the family.”