Back in 2012, Chinese company Xinyuan Real Estate Co. purchased a $54.2 million, 92,000-square-foot, Kent Ave. site in Williamsburg for its first development in the U.S. — which they said, of course, would be slated for a luxury condo building. Now it looks like their dev team is ready to kick it into high gear and Xinyuan has enlisted the help of Fortress Investment Group in the form of a $165 million loan. An interestingly enough, the project is the beautiful Oosten condo development designed by Dutch architect Piet Boon.
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Chinese Property Company Taps Fortress Investment Group for $165M for the Oosten Williamsburg Condos, Wed, June 11, 2014
Last month, Jason Silverstein and David Shorenstein of Silvershore Properties along with investor Norman P. Rappaport purchased a $7.8 million Sutton Place townhouse. And just like that, they’re flipping it with an asking price of… wait for it… $19.95 million.
We’re not sure what rabbit Brown Harris Stevens listing agent Paula Del Nunzio plans to pull out of the hat but achieving a flip that big would be nothing short of spectacular. However, according to her webpage, she already has a few record-breaking sales under her belt.
At first glance, there’s nothing particularly unique about the facade of this white brick townhouse, but take a second look and you’ll see that there’s more to the building than meets the eye. Upon closer inspection, you’ll notice that the protruding bay windows aren’t made from ordinary frames, but from sections of stainless steel truck bodies.
The recycled windows are a signature of LOT-EK, the studio that owners Lawrence and Alice Weiner hired to re-do their Greenwich Village townhouse. Founded in 1993 by Columbia University grads Ada Tolla and Giuseppe Liganano, the New York and Naples-based firm has become known for its sustainable approach to construction and architecture, namely the use of upcycled steel containers.
New York has a lot of old buildings. Perhaps surprisingly, many of those buildings are actually houses (yes, like real houses). These remnants of the early Dutch farming days can be spotted throughout the five boroughs, as can churches, apartments and “skyscrapers” from earlier times. We’ve rounded up some of the city’s oldest structures. Test your knowledge and see how many you’re familiar with ahead. And while you’re at it, make plans to visit one of these historic landmarks the next time you’re out and about.
Brooklyn Heights is one of the city’s most coveted neighborhoods, and it’s no wonder why. With its beautiful tree-lined streets, historic architecture, and that certain light which seems to bring a calm and peace to the streets, it’s managed to draw everyone from best-selling authors to bankers to even Hollywood starlets.
The latest and most notable sale for BK nabe is 19 Monroe, which just sold for $6.8 million through a listing held by Yolanda Johnson at Corcoran. The property hit the market back in March for $7.3 million, and while the interiors were admired by many, the ask made more than a few jaw drops. But let’s not forget that this is NYC, and it never hurts to be overly ambitious…
Infamous Greenwich Village Townhouse with an Explosive Past (and Funny Facade) to be Reconstructed by New Owner, Mon, June 9, 2014
At a glance, the quirky notched and jutting façade of the townhouse at 18 West 11th Street in Greenwich Village seems to be the only remarkable thing about the building. But dig a little deeper and the address’s rich history tells the tale of a city brimming with wealth and culture – and once even something a bit sinister.
Justin Korsant of Long Light Capital recently purchased the home for $9.25 million and has plans to reconstruct it. But will the renovation of this building wipe out its incredible past?
No, we didn’t get these pictures from the pages of Country Living magazine, but this stylish home most certainly could grace its cover. The 3BR/2BA apartment in a Greenwich Village Greek Revival townhouse recently sold for $1.795 million through a listing held by Corcoran.
Apartment 3FR at 288 West 12th Street is a 950-square-foot, floor-through unit that has been thoughtfully restored to emphasize the home’s pre-war character. Original details include three wood-burning fireplaces, wide-plank yellow pine floors, and leaded-glass windows.
Greenwich Village has long been touted as one of Manhattan’s most expensive neighborhoods, and a haven for the Hollywood A-List, with residents like Liv Tyler; Julianne Moore; and New York’s sweetheart, Sarah Jessica Parker. Well, the dazzling townhouse at 9 Commerce Street is ready for her close-up, and with assets like hers, Platinum Properties agents Tony Leondis and Daniel Hedaya are likely to attract a lot of attention. The GRADE Architecture + Interior Design renovated home boasts 3 stories and a basement, with outdoor space on 3 different levels.
In one of the city’s most charming residential pockets, a turn-of-the-century townhouse with a lovely combination of historic details and modern touches has sold for $6.25 million through a listing held by the Corcoran Group.
251 East 61st Street is a four-story brick home with an exceptionally rare two-story rear carriage house. The 5BR/3.5BA townhouse went through a recent renovation that included refinishing the hardwood floors and repainting the front facade and interior walls.
Turning a grand three-loft townhouse into a functional two-family home was no easy task for the architects at Fractal Construction. Built in 1848 and owned by the Isaly family, the Gramercy building was steeped in history and the many problems that come with old age.
Not only did Fractal’s Ulises Liceaga have to re-design the former triplex into two dwellings, he also had to replace the basics, like the electrical and plumbing systems. Liceaga added an entire new floor to make sure each family had enough space and gave each apartment open floor plans that connected the living room, kitchen and dining room.