The year is 1928: Scotch tape is first marketed by 3M, the first air-conditioned building opens in San Antonio, the clip-on tie is designed, the NY Yankees sweep the Cards in the 25th World series – and the Equitable Trust Building at 15 Broad Street was completed.
For nearly 80 years the L-shaped grey brick stone building would house some of the most influential financial companies in the world, until developer A.I. & Boymelgreen rescued it from certain demolition in 2003 and tasked French architect Phillipe Starck to turn it into a luxury condominium worthy of the financial capital of the world.
Check out #2412 at 15 Broad Street
According to the Wall Street Journal, a group of investors, led by developer Harry Macklowe, has just paid $585 Million for One Wall Street, the headquarters of Bank of New York Mellon Corp.
A spokesman for Macklowe declined to disclose what the developer plans to do with the 50-story tower, but word is that other bidders for the building, which included JDS Development Group and a joint venture of Elad Group and Silverstein Properties Inc., had plans to convert it for residential use. If the building is transformed into luxury residential units, the Art Deco styling will certainly lend to the appeal. The Chelsea‘s Ralph Thomas Walker-designed Walker Tower, and its sister building in Hell’s Kitchen, the Stella Tower, have done quite well in their conversions to co-ops, attracting both the rich and famous with buyers paying on average $3,443 per square foot in the Walker.
Macklowe is said to be “very pleased to be associated with this landmark property.”
At 3 Lincoln Center (a.k.a. 160 West 66th Street), residents have the bragging rights of living in the only residential building in the Lincoln Center of the Performing Arts complex. And wouldn’t you brag too if right outside your window was the Metropolitan Opera House and Juilliard?
Apartment 46A is home to the most recent boaster. Sold for $3.9 million, the 1,562-square-foot unit has splendid north – and west – facing panoramic views that can be taken in through the huge, wraparound windows. The 9.5-foot ceilings add to the bright openness of this 2BD/2.5BA apartment.
Check out all the magnificent views and interiors this way
Hot off the sale of their Soho loft, fashion designer Derek Lam and his partner Jan-Hendrik Schlottmann just closed on a $4.8 million 3BR/3.5BA pad at 50 Gramercy Park North, according to city records filed this afternoon.
The home, which was listed by Kirk and Paige at Douglas Elliman, boasts a 40-foot expanse of floor-to-ceiling windows that give the home a decidedly modern California aesthetic that is very much in the vein of a Neutra icon. Though the current decor is quite subdued, if Lam’s F/W’15 line is any indication of his preferred palette, we expect that this new space will be accented with plenty of rich blues, greens, and a bit of orange.
Have a look inside the stunning apartment
There comes a moment in our lives when it’s time to trade in our beat-up college furniture for more grown-up goods — a bean bag should only double as the couch for so long. When that point comes, consider the exquisite pieces from Chadhaus, a Seattle-based company creating sustainable furniture that will truly stand the test of time.
More pieces from Chadhaus straight ahead
- Despite sky-high sales at several marquis buildings, condo pricing in Manhattan is down 1.8 percent in the current three month period as compared to the last 90 days.
- Hotelier Ian Schrager has released renderings for his long-awaited mixed-use condo hotel – Public – at 215 Chrystie Street on the Lower East Side.
- Is Jake Gyllenhall apartment hunting in Tribeca?
- New York City versus…. San Francisco?! How two of the priciest cities in the US compare in a head-to-head real estate challenge evaluating the “grittiest” and most glamorous neighborhoods of the two.
For market trends, cool listings, celeb real estate news, and eye-opening comparisons, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
Images: Uptown Duplex (left), Myrtle Ave. Rendering (right)
Well, if you were getting your finances together to buy the $13 million apartment at 15 Central Park West, you can get off the phone with your accountant because it’s sold. Unfortunately for you, Noel Berk of Mercedes/Berk has sold the Upper West Side stunner to someone else for $13.075 million. But that’s not going to stop us from writing about it, so sit back and take in the splendor that is the apartment you just barely missed out on.
Unit 15K is an absolutely astounding 3BR/3.5BA beauty, with giant windows that bathe the entire apartment with light. Upon entry to this 2,500 square-foot haven, you’re greeted with a gorgeous foyer with Venetian plaster walls. This leads to a spacious living room with huge windows so as not to obstruct your view of the Lincoln Center. There’s a dining room situated right off the living room, a perfect place to seat your guests as they spend too much time oohing and ahhing over your apartment to remember to eat. And speaking of food, let’s take a trip into this kitchen.
You won’t believe your eyes when you see the view from this gorgeous kitchen, here
City dwellers are no strangers to folding furniture — they’re true lifesavers when living in tiny, cramped apartments. But while most are functional, few are as beautiful as the fold-up tables and chairs designed by architect Alexander Gendell. His Folditure line (get it?) is not only ingeniously-designed, but each piece — like the Cricket Folding Table — resembles a work of origami art.
See Folditure’s Cricket Folding Table in action
One of the saddest things I heard in the immediate aftermath of 9/11 was told to me by the wife of an acquaintance. She said, with a smug sense of pride, that her family — in an act of patriotic protest to the recent attacks on America — would be ending their long-standing Thanksgiving tradition of serving assorted meat and vegetable pies from Damascus Bakery on Atlantic Avenue in Brooklyn. It was a heartbreaking statement of staggering stupidity, offensive on so many levels, not the least of which was personal.
I lived next door to Damascus Bakery in my first Brooklyn apartment. This was before Barney’s, Urban Outfitters and Trader Joe’s arrived. It was when that section of Atlantic Avenue was overwhelmingly Arabic, and I frequented the eateries as often as I could, feasting on delicacies from the Middle East, learning some geography and culture and a little Arabic along the way. And, of course, I met many wonderful people, including the family who owned and operated Damascus Bakery.
Read the rest of Andrew’s story here