Rendering courtesy of BFC Partners
BFC Partners announced on Monday the groundbreaking for the second phase of their 100 percent affordable housing project in Coney Island. Located at 1607 Surf Avenue, the roughly 361,000-square-foot mixed-use development contains 376 affordable rental units, 9,000 square feet of community space, and 11,000 square feet of commercial space. The $189 million project also includes a new primary care location run by New York City Health and Hospital Corporation.
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Photo courtesy of Evan Joseph/Douglas Elliman
In addition to being Brazilian architect Isay Weinfeld’s first New York commission, the pair of buildings known as Jardim, at 527 West 27th Street, make up an architecturally unique West Chelsea oasis. The development, which launched sales in 2016, features two 11-story buildings clad in cast-concrete interspersed with ribbons of glass. Its highlight–and name inspiration–is a verdant multi-level courtyard designed by Future Green Studio. Located in the building’s loftiest reaches, this 3,663-square-foot duplex penthouse, asking $10,800,000, offers seamless indoor/outdoor living in addition to three bedrooms and interiors designed by the building’s architect.
Penthouse views through sliding glass, this way
Photo © Olivia Lemons
The statue of Theodore Roosevelt that has stood on the steps of the American Museum of Natural History for more than eight decades was removed this week. The city’s Public Design Commission voted last summer to take down and relocate the statue, seen as racist for its depiction of Roosevelt on horseback flanked by a Native American figure and an African figure. The bronze statue will soon be shipped to Medora, N.D., where it will be displayed at the Theodore Roosevelt Presidential Library, set to open in 2026.
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The MV John F. Kennedy in 2015. Photo: Godsfriendchuck via Wikimedia commons
“Saturday Night Live” stars Pete Davidson and Colin Jost, along with comedy club owner Paul Italia, were the high bidders for the retired Staten Island Ferry boat John F. Kennedy, the NY Post reports. The boat, recently retired from the Staten Island Ferry fleet, was listed for $125,000 at a public auction that ended Wednesday. The auction price of the vintage vessel, retired after over five decades of service, had been slashed in half, but its new owners bid $280,000 in a last-minute bidding war, armed with plans to transform the ferry into a live entertainment venue.
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Image courtesy of Gov. Kathy Hochul’s Office
A public transportation project that could ease the lives of thousands of New Yorkers is gaining momentum. Gov. Kathy Hochul on Thursday announced the completion of a feasibility study for the Interborough Express, moving the project into its next phase of development. The feasibility study yielded promising results, revealing that the new line could serve anywhere between 74,000 and 88,000 riders a day while connecting to 17 subway stops and the Long Island Rail Road. From its start in Bay Ridge to its final stop in Jackson Heights, the route would take 40 minutes.
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Photo courtesy of Douglas Elliman
This two-bedroom co-op at 420 Bennett Avenue in Hudson Heights, asking $699,000, has 1930s Deco details like a sunken living room and arched doorways. A complete renovation has updated that pre-war perfection for 21st-century living. The building’s location at the edge of Fort Tryon Park, which sits at one of the highest points in Manhattan, feels a lot like some of the best stretches of the Upper West Side.
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Photos courtesy of Tina Gallo
John Legend and Chrissy Teigen are selling their two penthouses in Nolita for $18 million, the Wall Street Journal first reported. The couple purchased a $9 million unit in 2018 followed by a $7.7 million penthouse in 2020 in the six-story Brewster Carriage House at 374 Broome Street. The A-list duo told the WSJ they wanted to combine the two apartments into one but never did.
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Image courtesy of the Trust for Governors Island
The city’s Economic Development and the Trust For Governors Island on Thursday announced that daily, year-round ferry service to Governors Island will begin on Monday, January 24. The NYC Ferry will add a stop at Yankee Pier on its South Brooklyn Route between Red Hook and Sunset Park, connecting New Yorkers to the island from the Lower East Side and Brooklyn. The new service’s hours will coincide with the Island’s new winter hours, open 7 a.m. to 6 p.m.
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Billionaires’ Row. Photo: © 6sqft
As part of her State of the State address delivered earlier this month, Gov. Kathy Hochul promised to replace the 421-a tax abatement program with a new “effective” credit. Set to expire in June, 421-a gives New York real estate developers who construct new residential buildings a property tax exemption in exchange for designating a portion of the homes as affordable. As part of her executive budget, Hochul on Wednesday outlined her plan for a replacement program called “Affordable Neighborhoods for New Yorkers.” While the new program calls for the units built to be more affordable, much of the structure of the existing tax abatement remains in place.
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Rendering courtesy of the NYC Department of Housing Preservation and Development
A housing lottery opened this week for 31 middle-income units in a brand new luxury building in Long Island City. Designed by Fogarty Finger Architects, Rise LIC is a 10-story residential building offering its residents spacious units with extensive amenities. New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, which range from $1,486/month studios to $3,200/month three bedrooms.