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Real Estate Wire

Today’s real estate news highlights:

  • Conversions, condos, rising land prices, and, of course, more coffee shops. It looks like Crown Heights is “having a moment” as Brooklyn’s new “it” neighborhood. [New York Times]
  • Oh, it looks like East New York’s moment has arrived as well — though this change has a bit more substance. Under the Mayor Deblasio’s new initiative, City Planning Commission Chairman Carl Weisbrod aims to spur a renaissance by rezoning the area to suit “thousands of residential units ringed by mixed-use corridors and bisected by a reimagined Atlantic Avenue”. [Crain’s]
  • Ben Shaoul, the head of Magnum Real Estate Group, is in contract for the hotly sought after 199-unit Post Toscana and the 138-unit Post Luminaria rental buildings. Broken down Shaoul is paying about $800K a unit. He plans to turn the two buildings into condos. [NY Post]
  • Time Equities launches sales at its 64-story luxury residential tower at 50 West Street and Rector Street. Prices per unit start at about $1.6M. [The Real Deal]
  • James von Klemperer, a principal at Kohn Pedersen Fox Associates, says that the new tower designed for 1 Vanderbilt will “unbury views of Grand Central”. The 1,300-foot structure will mostly be made of a low-iron super clear glass, similar to what was used for the Fifth Avenue Apple cube. Other design details include indoor greenery, art spaces, and diagonal shapes of double-glazed terracotta for a lustrous look that references the masonry walls found in Grand Central. [DNA Info]
  • After two previous attempts to build a $100 million project at the Brooklyn Navy Yard, the industrial park’s manager has issued another request for proposals to develop the 6-acre site and a smaller neighboring area that would host a supermarket and space for industrial and office use. [Crain’s]

1 Vanderbilt (left); Crown Heights (right)

Architecture, Getting Away, Green Design, Landscape Architecture, Upstate

  • By Dana Schulz
  • , July 7, 2014

Nestled in the quaint town of Coxsackie, New York is a residential garden oasis with crystal clear views of the Hudson River and magical green landscaping that could very well serve as the backdrop for a children’s fairytale book. The enchanting grounds of the River House were designed by Susan Wisniewski Landscape, who created a natural-looking setting to frame the environmentally friendly Hudson Valley home.

Take a tour of the beautiful outdoor space

Furniture, Green Design

This ingenious piece of furniture actually comes from the other side of the Atlantic, more precisely, from the Nordic city of Århus, in Denmark. An idea by Studio FEM, its undulating design playfully involves the user while adapting to changing storage needs.

Learn more about the design here

Daily Link Fix

  • Mind-Bending Bamboo Structures: It’s strong, it’s flexible, and it doesn’t even do yoga. Architizer showcases 7 bamboo structures you’ll have to see to believe.
  • A Blast from Brooklyn’s Past: Take a step back in time with the Brookyn Historical Society’s old map showcase on July 10. The Brooklyn Paper has more on the nostalgic exhibit.
  • Tiny Furniture: Looking for furniture for that tiny parlor or that landing off the staircase you just don’t know what to do with? We’ve all been faced with decorating a smaller space. Well Apartment Therapy has come to the rescue with some stylish sofas that will look chic in your tiny space.
  • A Colorful Laight Street Loft Remodel: Our name is 6sqft and we have an interior addiction. The last time we looked at apartment interiors was… what time is it? It’s no secret we adore a good loft interior here at 6sqft so we couldn’t resist taking a glimpse–or a long, dreamy gaze–at this Laight Street remodel featured in Freshome.

Images: Laight Street loft (left), Bamboo Structures (right)

Design, Interiors

  • By Dana Schulz
  • , July 7, 2014

It’s easy to get bogged down in the details when designing a home, but PULSE3AM thought high and wide when they took on the Pilnock Residence project. The duplex apartment exudes spaciousness thanks to the firm’s creative mix of horizontal and vertical interest. Structural elements like steel beams, tall windows, and long ceiling vaults are accented by striped walls, exposed-brick pilasters, and geometric lighting fixtures—together creating a comfortable, open home.

See more of the residence right this way

Cool Listings, Interiors, Manhattan, Upper East Side

  • By Stephanie Hoina
  • , July 7, 2014

Park Avenue is synonymous with luxury living and this 3BR/4.5BA apartment at the corner of 71st Street does not disappoint.  The sprawling residence at 737 Park Avenue features over 4,300-square-feet of perfection starting the moment you step off the elevator onto your own private landing. We won’t blame you for doing a little fist-pump after taking possession of the keys. Expertly staged by Arthur Dunnam of renowned interior design firm Jed Johnson Associates (whose work has been featured in Architectural Digest, Elle Décor, and Interior Design), the home is beautifully divided into public and private spaces.

Take a closer look at Mr. Dunnam’s interior vision

Major Developments, Urban Design

The transformation of the Domino Sugar Refinery is moving full steam ahead with Two Trees Development filing their first permits for their 36-story SHoP-designed tower at 320 Kent Avenue. The 401-foot glass tower will be one of the tallest of the mega development, sited alongside the Williamsburg Bridge.

More on the tower here

Architecture, Bronx, Green Design

  • By Stephanie Hoina
  • , July 7, 2014

Waterfront views and innovative architecture: San Francisco? Manhattan? Miami? How about the Bronx?

Residents of many Throgs Neck neighborhoods have happily traded off expansive living spaces and large backyards for the spectacular views of the Eastchester Bay and the bridge whose name the community bears. Though spaces can be a bit compact along the water, a challenging lot size didn’t stop Resolution: 4 Architecture from creating a home whose beauty rivals that of its view.

Among the modest homes tucked neatly into small parcels along the waterfront, the Bronx Box stands out as a proud example of how infill housing is an innovative way to make the most of narrow lots in urban areas.

Learn more about this beautiful home

Brooklyn, Bushwick, Design, Interiors

  • By Dana Schulz
  • , July 5, 2014

Remember as a kid how much you loved hiding out in a fort made of couch cushions or creating a make-shift house in the backyard? The owners of A Cabin in a Loft recreated that fun feeling by building a cabin and treehouse within their Bushwick loft to serve as private sleeping quarters. Each wooden bedroom cabin has its own semi-private garden, set at both ends of the open loft.

The idea came about in 2009, when artists/designers Terri Chiao and Adam Frezzo wanted to create separate bedroom spaces within their open-plan guest house and artist space, located in a former textile factory building. Instead of cutting off light and making the unit feel half its size by building floor-to-ceiling walls, they decided to construct the simple, geometric volumes. What resulted is a space that feels like an outdoor environment and takes a new approach to loft living.

See more of the artistic loft

Cool Listings, Downtown Brooklyn, Interiors

  • By Aisha Carter
  • , July 4, 2014

Let’s just say you have $23,500 weighing you down and you’re looking for a way to ease your burden. Why don’t you try renting this spectacular apartment at the Belltel Lofts? 365 Bridge Street Apartment 26B is a 2,800-square-foot, 3BR/3BA stunner that just gets cooler as you go along. This two-story loft manages to give you modern amenities in a prewar building, with surprises around every turn, and views to spare, all while putting you right in the heart of Downtown Brooklyn. Sound like something you want to see? Well then come closer…

A little closer… now click here

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