July 5, 2016

Lottery Opens for 259 Affordable Units in East New York, Starting at $494/Month

As part of his city-wide campaign, Mayor de Blasio has made a push for affordable housing in East New York, where the City Planning Commission recently approved a controversial rezoning. Local residents cited concerns that the changes would lead to displacement and gentrification in a neighborhood where the median income is $35,000 annually. But the city's latest housing lottery offers a whopping 259 units for households earning between $18,275 (single persons) and $71,760 (eight people). The apartments, 50 percent of which are reserved for local residents, range from $494/month studios to $1,322/month four-bedrooms. These units are within the third phase of Gateway Elton Street, a new multi-building affordable housing development with ground-floor retail and community facility space in the Spring Creek section of East New York. In total, it will offer 659 apartments and roughly 70,000 square feet of commercial space. Phase three, located at 1062 Elton Street and 475 Locke Street, was designed by Dattner Architects, who organized the two-building site around a central courtyard with parking and outdoor recreation areas.
More on the development here
July 5, 2016

Where to Find the Most Incredible Staircases in New York City

Stairs let interior designers show off their best combination of form and function. The flagship stores, public works, and designer condos of New York make for the perfect opportunities to test the boundaries of practicality and beauty in design. Here are seven of the most beautiful and interesting staircase designs to be found in New York City.
See our staircase gallery here
July 4, 2016

See Inside This 1833 West Village Townhouse, Now Asking $5.975 Million

232 West 10th Street is a brick townhouse in the West Village, constructed way back in 1833. The builder was John C. Blauvelt, who was earning a living as a cartman and built his home "typical of the Federal-style homes being built at the time" according to Daytonian in Manhattan. All these years later the brick facade has remained remarkably in tact. And now that it's on the market, asking nearly $6 million, we can take a peek inside the well-preserved interior, too.
Check it out
July 3, 2016

COOKFOX’s Massive Affordable Housing Development Pushes Forward in the Bronx

Last month, 6sqft reported on the COOKFOX-designed development Park House, the first phase of a two-building affordable and supportive housing complex in the Tremont neighborhood of the Bronx. Since then, the 12-story building has topped off and foundation work is quickly moving along for its adjacent fraternal building dubbed the Webster Residence. The development is being pushed forward by Breaking Ground, a non-profit committed to ending homelessness. This development will be the organization's first venture in the South Bronx.
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July 3, 2016

Hell’s Kitchen’s 535W43 Kicks Off Leasing and Offers One Month’s Free Rent

CetraRuddy's through-block rental development 535W43 is now complete, and this past Thursday the development team threw a grand opening event inside the Hell’s Kitchen haven. The finished product ranks as one of the neighborhood's most handsome new additions, comprised of two 14-story towers whose street-facing facades are clad in an industrial-inspired skin of multi-tone bricks, grand casement windows, and dark metal accents. Across its 263,300 square feet of floor area are 180 no-fee apartments ranging from studios to two-bedrooms. For a limited time, the leasing team headed by Douglas Elliman is offering new renters one month free on newly signed leases. Seven apartments are now on the market with net-effective rents starting at $3,000/month for studios, $4,080 for one-bedrooms, and $6,785 for two-bedrooms.
Find out more
July 2, 2016

June’s 10 Most-Read Stories and This Week’s Features

June’s 10 Most-Read Stories Lottery Opens for 41 Units at Related’s Hudson Square Rental, Starting at $788/Month Landmarks Approves Roman Abramovich’s $80M UES Makeshift Mansion Taylor Swift Staying in a $40K/Month Village House During Tribeca Penthouse Renovations My 1200sqft: Inside Model Summer Rayne Oakes’ Williamsburg Oasis Filled With 500+ Plants POLL: Do You Prefer Bjarke […]

July 1, 2016

Own a Collection of Eight Private Islands off the Connecticut Coast for $78 Million

Hey, big spender...before you close on that trophy penthouse condo or townhouse duo, take a look at this extraordinary listing. When you've got billions–or even lots of millions–your real estate options are many. From a penthouse in the sky in a Billionaire's Row skyscraper to a townhouse or two on the Upper East Side or a Hamptons manse with acres of beachfront property, modern-day palaces await. For that eight-figure outlay, this listing is unusual even among the real estate deals of the superrich. The Post tells us of a private archipelago off the Connecticut coastline, owned by Christine and Edmund Stoecklein, on the market for $78 million. Known as the Thimble Islands, this surprising collection of eight islands boasts beautiful restored 19th century mansions, pools, guest houses, docking for yachts both small and large, a commercial-level greenhouse facility, tennis courts and a golf putting green and tees designed by Jack Nicklaus. The property is at most a ten-minute boat ride from the Connecticut shoreline or a twenty minute helicopter jaunt from Manhattan.
What you'll find on these secret island enclaves
July 1, 2016

Gene Kaufman’s Church-Incorporating Hotel Rises on West 36th Street

Over the past decade, developer Sam Chang and his McSam Hotel Group have built an astonishing number of hotels in Manhattan and Brooklyn, and in the process have built up quite the reputation for pockmarking the city with characterless tower blocks that diminish their surroundings. One of the developer's latest ventures is a 26-story, 566-room hotel beginning excavation work at 334 West 36th Street, between Eighth and Ninth Avenues. Once occupied by the Postgraduate Center for Mental Health, the mid-block English Gothic structure was built as the Christ Church Memorial Building in 1905. The savvy developer purchased the 15,000-square-foot site in 2013 for $50.8 million in anticipation for yet another hotel. Local preservationists connected with Community Board 4 to convince Chang to save the church facade and incorporate it with the new building. Surprisingly, he obliged, but the Gene Kaufman-designed structure is not quite a miracle.
Find out more
July 1, 2016

Find Peace and Quiet at Home With the Whisper Noise Canceler

Noisy neighbors keeping you up at night? Garbage trucks blaring before the alarm? Drunk revelers making it hard to hear the television? Soundproof your apartment by installing the Whisper Noise Canceler, an innovative acoustical system that promises to silence indoor noise. It works with an outdoor unit that is mounted on the exterior of a wall, door, or window and detects external noise. A corresponding indoor device emits anti-phase sound waves to counterbalance this and reduce the noise.
Learn more about Whisper
July 1, 2016

The Perils of Sidewalk Gridlock; $10M Lawsuit Over Sean Lennon’s Tree Ongoing

New York’s sidewalks are so packed, pedestrians are taking to the streets. [NYT] Obama chooses NYC-based architects Tod Williams and Billie Tsien to design his presidential library. [ArchDaily] Marisa Tomei’s parents and John Lennon’s son are still fighting over a tree. [NYP] SKY, Manhattan’s largest rental building opens, offering one month free rent and spectacular amenities. [CityRealty] Old-school […]

July 1, 2016

Matt Lauer Unloading Southampton Beach Cottage for $4M

On Monday, 6sqft reported that "Today" anchor Matt Lauer had scooped up Richard Gere's Hamptons estate for an impressive $36 million. He's wasted no time trying to unload his other properties on the island, as the Post reveals today that his Southampton beach cottage has hit the market for $4 million. Located at 67 Scotts Landing Road, the charming waterfront home sits on .75 acres within a community "where houses are generally passed on to the next generation," according to the listing. This exclusive neighborhood offers tennis courts and access to a bay beach with a pavilion that puts on events.
Check out the cottage
July 1, 2016

Spotlight: Pyro Spectaculars’ Gary Souza on the Art of Creating Macy’s 4th of July Fireworks

When America celebrates her 240th birthday on Monday, Gary Souza will be marking the occasion in a very big way. As a fireworks designer for Pyro Spectaculars, he is responsible for creating and overseeing the wondrous fireworks that make the nation ooh and aah during Macy's 4th of July Fireworks. This year’s show will be Macy’s 40th annual production, a huge milestone for the department store, and will take place over the East River in Midtown and Lower Manhattan. Pyro Spectaculars is a multigenerational family business begun by Manuel de Sousa after he immigrated from Portugal to the San Francisco area in the early 1900s. Over the years, the business has grown tremendously from creating small fireworks displays to a company that now spans five generations and is responsible for providing fireworks for some of the biggest names in the sports and entertainment industries, including the Winter and Summer Olympics, Super Bowls, Disney, and at concerts for icons such as the Rolling Stones. When it comes to Macy’s, Pyro Spectaculars has a 35-year collaboration with the store that has propelled the fireworks company to develop technology that allows for safer, more elaborate firework creations to come to life. 6sqft recently spoke with Gary to learn about the magnificence of fireworks, what it takes to produce the Macy's show, and some of the exciting new elements at this year’s display.
Read the interview here
July 1, 2016

Live in Holly Hunter’s Former Greenwich Village Co-op for $14,750/Month

Holly Hunter bought this two-bedroom co-op at 21 East 11th Street in 2002, but three years later she sold it to Dan Weatherill Barber for $3 million after purchasing Julia Roberts' beautiful apartment at nearby 43 Fifth Avenue for $4.1 million (which she then sold for $7.6 million in 2014). Her original Greenwich Village digs, however, are now available as a $14,750/month rental reports the Observer.
See the rest of the apartment
June 30, 2016

Court Temporarily Stops Construction on Barry Diller’s Futuristic Offshore Park

Last summer, a civic group known as City Club of New York slapped Barry Diller's Pier 55 with a lawsuit, claiming he and the Hudson River Park Trust had failed to thoroughly evaluate the environmental impact of the 2.7-acre offshore park. In April of this year, the Manhattan Supreme Court dismissed the case, and later that same month news broke that construction on the $130 million project would begin this summer after gaining regulatory approval from the U.S. Army Corps of Engineers. However, DNAinfo reports that today an appellate court issued an injunction that says work must temporarily stop until at least September when the opponents present their case again.
More details ahead
June 30, 2016

World Trade Center Performing Arts Complex Gets $75M Gift From Billionaire Ronald Perelman

Billionaire businessman and philanthropist Ronald O. Perelman has made a $75 million gift towards the Performing Arts Center at the World Trade Center (PACWTC) reports the New York Times. The donation will finally make one of the last unfinished projects at the site a reality, and the Center will therefore be named for Perelman. "I think that this is a project that must happen. It is more than just a pure artistic center to serve a community. It is that, but at the same time it’s much more than that," he said. This is not Perelman's first time donating to the World Trade Center site. Under the Bloomberg administration he gave $5 million for the National September 11 Memorial and Museum and said then that he was interested in making the lead gift for a performing arts center at the site.
Find out more this way
June 30, 2016

INTERVIEW: Deborah Berke on Becoming Dean of Yale Architecture School, and Her New Book

July is a big month for Deborah Berke, the founder of the New York-based architecture and design firm Deborah Berke Partners. Not only will Ms. Berke become Dean of the Yale Architecture School on July 1st (the first woman to do so in the school’s 100-year history), taking over for Robert A.M. Stern, but her new […]

June 30, 2016

Renovation of This $1.25M Greenwich Village Co-op Maximized Its Space to the Fullest

When it comes to maximizing all your space in an apartment, nothing does the trick like adding a loft. This one-bedroom apartment, at the Greenwich Village co-op 35 East 10th Street, did just that in a recent renovation. A well-designed loft of glass, steel and wood creates a nice big living room below, with a spacious sleeping alcove above. On top of that, a wall of glass in the rear of the apartment offers a seamless transition out to its own private patio. Amazingly, this unit sold for $500,000 just three years ago, and now it's on the market post-reno for more than twice that amount.
Take the tour
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June 30, 2016

Art Nerd New York’s Top Event Picks for the Week – July 4th Edition

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! The Fourth of July is typically for house parties and rooftop barbecues, but if you're too lazy to organize your own party, there are a few choice ways to celebrate in style, whilst also catching the area fireworks. Channel your inner pin-up girl at the DL or sit poolside at the luxe McCarren Hotel. Head down to the revamped South Street Seaport, which has become a cultural center for arts, music and food. Splurge and set sail around Manhattan, and dance dance dance at a secret location- or at the beautiful House of Yes in Bushwick. Independence Day is all about friends and family, so have fun no matter what you do, and be safe!
More on all the best events this way
June 30, 2016

Adam Levine and Behati Prinsloo’s $5.5M Soho Loft Finds a Buyer in Less Than Three Months

The 2,800-square-foot Soho loft at 112 Green Street belonging to Maroon 5 singer Adam Levine and supermodel Behati Prinsloo has already been sold at its asking price, the Observer reports. 6sqft took a look at the pretty pad belonging to the new-parents-to-be when it was listed at $5.5 million–$1 million more than they bought it for two years ago. The loft, offered complete with its casual-contemporary mix of furniture–is a picture of downtown perfection with unspoiled original details like cast-iron columns, classic loft radiators, exposed brick and 13-foot tin ceilings. The rocker also just listed his 7,100-square-foot Beverly Hills estate for $17.5 million, so we're assuming the head-turning pair are on the hunt for a more family-friendly space.
Take a last look
June 30, 2016

The Upper East Side Townhouse Where Henry Fonda Married a Countess Asks $11M

This elegant five-story single-family townhouse at 151 East 74th Street has been a home to a president's son (Captain Kermit Roosevelt, son of President Theodore Roosevelt) and Hollywood royalty. The late, great actor Henry Fonda called the nearly 6,000-square-foot townhouse home and hosted his wedding to 23-year-old Italian countess Afdera Franchetti here in 1957. Built in 1878, the brick Colonial Revival style home remains an elegant address, and is on the market for $11.225 million. There have been recent improvements and upgrades, with plenty of potential left for transformation. With that many floors, two decks, a landscaped backyard and a prime Upper East Side location on a gorgeous townhouse block near Central Park, the landmarked home might be just the one for a certain outgoing president who has expressed interest in living in New York City after leaving the White House. There's definitely plenty of room for college kids and their friends, dogs, staff and security personnel.
Tour the townhouse
June 30, 2016

Apply Today for Six $947/Month Apartments in Astoria’s Artsy Welling Court

Welling Court is a tiny enclave in Astoria, tucked between 30th Avenue and Vernon Boulevard, near the base of Astoria Park. It's best known for the funky street art that adorns its building's walls. Organized by the Welling Court Mural Project, there are now more than 140 murals from international artists, and each June the group puts on a huge block party to celebrate that year's art. If this arsty community appeals to you, a new rental building has recently gone up in Welling Court, and it comes with six low-income apartments that are now up for grabs through the city's housing lottery. 11-07 Welling Court is a six-story, 27-unit building from Architects Studio and developer Halil Todic. The affordable residences, created through the city's 421-a program, are $947 a month for individuals earning between $32,469 and $38,100 annually or two-person households earning between $32,469 and $43,500.
More info
June 30, 2016

Join the World’s Leading Urban Decision-Makers at the NYT’s Cities for Tomorrow Conference

Rapidly growing populations and increasingly scarce resources are two of the biggest challenges that cities face today. But how are policymakers, developers, entrepreneurs and designers responding to these issues? For the third year in a row, the New York Times’ Cities for Tomorrow conference will bring together the world’s top urban-thinkers to discuss what’s being done to enact change that will […]

June 29, 2016

25 Feet Above Street Level, World Trade Center’s Liberty Park Opens Today

The World Trade Center's Liberty Park, the new one-acre public park at 25 feet above ground level spanning Liberty Street between West and Greenwich Streets, opens today. NYYimby reports that the park is getting the last few finishing touches in preparation for its grand opening dedication ceremony. As part of the landscape design by Joseph E. Brown of architectural and engineering firm Aecom, a 300-foot-long "living wall" composed of 826 panels of varying plant types is a highlight of the new park, which also functions as a pleasant disguise for the entrance to the WTC’s security hub that sits beneath.
More of what you'll find in the new park
June 29, 2016

Lottery Opens for 41 Units at Related’s Hudson Square Rental, Starting at $788/Month

If living right near the Holland Tunnel doesn't bother you, here are 41 low-income apartments on the border of Tribeca and Soho in a brand-new rental building from the Related Companies. 261 Hudson Street is in the up-and-coming Hudson Square neighborhood and was constructed as an 80-20 building through the city's Robert A.M. Stern Architects, it has 12 stories and 201 units total. The affordable apartments include $788/month studios, $847 one-bedrooms, and $1,025 two-bedrooms.
Find out if you qualify
June 29, 2016

JDS and SHoP’s Cherry Street Tower Will Be Taller Than Expected, May Reach 1,000 Feet

Back in April, the power team of JDS Development and SHoP Architects unveiled plans for a 900-foot, 77-story rental building at 247 Cherry Street in the Two Bridges area of the Lower East Side. This neighborhood has become controversial for a recent influx of sky-high development; 247 Cherry will rise directly next to Extell's 850-foot One Manhattan Square and not far from two 50-story towers at 265-275 Cherry Street. Its 900-foot height would've made it the tallest tower between Midtown and Downtown, but left it 100 feet shy of the supertall status JDS and SHoP are known for (the duo is responsible for the 1,438-foot-tall 111 West 57th Street and 9 DeKalb Avenue, Brooklyn’s first 1,000+ foot tower). However, Bowery Boogie reports today that the height may actually be at or above 1,000 feet, rising 80 stories.
More details ahead
June 29, 2016

Trump vs. Clinton: How the Design of Their Merchandise Stacks Up

On the political front, Hillary is racking in donation dollars, while Donald Trump's campaign had a mere $1.3 million to its name as of May 31st. But what about their swag? T-shirts, mugs, bumper stickers, tote bags. Sure, online purchases won't sway either campaign significantly, but it's interesting to look at how the polar-opposite presidential candidates are marketing themselves through merchandise. 6sqft compared the goods from both camps, and found that while Hillary's merchandise is much more colorful, playful, and plentiful, and even features designer collabs, the Donald sticks to his message and caters to a very specific audience.
See how the merch stacks up
June 29, 2016

A 32-Foot Long Living Room with Exposed Brick Dominates This Hell’s Kitchen Loft Rental

When you're tasked with decorating a 32-foot-long living room, you know you've made it in the world. Luckily such a room, located at this Hell's Kitchen apartment up for rent at 529 Ninth Avenue, is lined with exposed brick which lends it plenty of character. This lofty top-floor apartment is 1,200 square feet, with its own private roof deck. For all that space, it's going to cost $4,800 a month.
Take a look inside
June 29, 2016

POLL: Is Sunset Park One of the 15 Coolest Neighborhoods in America?

Move over Bushwick and Williamsburg, Sunset Park is the new cool kid in the borough. Curbed shared a report from Cushman & Wakefield that names the 100 coolest streets in the country, and coming in among the top 15 neighborhoods is Sunset Park, "where boxes and independents co-exist." The report points to a bohemian exodus from Williamsburg, which has become more mainstream and pricey. And though hipsters are moving to 'hoods like Bed Stuy and Crown Heights, Sunset Park outdoes them with a unique type of retail growth and creative sector thanks to the Bush Terminal Park and Industry City. The millennial population is about 27 percent and the average household income is $81,529.
Let us know if you agree with this analysis
June 29, 2016

Pool Season Has Commenced; Buy $8 Bowls of Cereal in Times Square

On July 1st and 2nd, Lyft is offering rides in the “Ghostbusters” Ecto-1 car. [Metro] The city’s 55 outdoor pools open today! [DNAinfo] Kellogg’s teamed up with Milk Bar chef Christina Tosi and restaurant professional Anthony Rudolf on an all-day cereal bar in Times Square that will have automat-style dispensers. [Eater] Here are six of America’s most dangerous […]

June 29, 2016

Cool $1.075M Heights Co-op Shows You Can Have Prewar Charm and Waterfront Views

This stylish two-bedroom co-op at 32 Willow Place in Brooklyn Heights does a great job of proving that all waterfront apartments don't need to be in tall towers. Located on the top floor of a historic limestone and brick (walk-up, unfortunately) building in one of the city's loveliest waterfront neighborhoods, this renovated two-bedroom co-op offers a dedicated gated parking spot, river views, modern design and pre-war charm in what–according to the listing–Details magazine called "the coolest apartment in Brooklyn," for $1.075 million.
Take a look around
June 28, 2016

Cost of Living Calculator Shows Just How Much Cheaper It Is to Live in Other U.S. Cities

The results of a recent annual survey ranked New York as the city with the 11th highest cost of living in the world, the only U.S. city to crack the top 25 and jumping five spots from the past two years, according to NBC News. It's this increasingly burdensome financial state that causes many New Yorkers to relocate -- whether they want to start saving or just plain can't afford the skyrocketing rents and lifestyle anymore. But figuring out where to go next can be the hard part if you really want to make the most of your move. That's where the idea for the Cost of Living Calculator came from. The handy tool from Pay Scale uses your salary, job title, current location, and the city where you're considering a move to show the cost of living difference, as well as how much you'll need to earn in the new location to maintain your current standard of living.
READ MORE
June 28, 2016

New Law Aims to Protect Small Businesses From Landlord Harassment

It seems that every day we're hearing of small businesses being forced to move or shut down altogether due to rising rents in just about every corner of the city. Even icons like St. Mark's Bookshop and Other Music have packed it in after years at their well-loved locations. And new businesses have an even tougher road ahead, trying to gain a foothold in changing neighborhoods where landlords hope change brings high-paying tenants. There are a number of grassroots efforts in the works to help businesses gain and maintain a foothold when faced with skyrocketing rents and challenging regulatory hurdles–and more help may be on the way. DNAInfo reports that Mayor Bill de Blasio is expected to sign legislation Tuesday that prevents harassment of commercial tenants by greedy landlords. Advocates hope the new law will make it less difficult for small businesses to thrive and grow.
Find out how the new law protects small business tenants
June 28, 2016

Tribeca Triplex With Original Keith Haring Mural Returns for $13M

This Tribeca triplex is a treasure for many reasons. Its size, for one; it occupies an insane 8,000 square feet of the classic, landmarked American Thread Building (among the first of Tribeca's luxury condo conversions) at 260 West Broadway. Possibly the most memorable reason is an original Keith Haring mural, made in 1978 during the late artist's days at SVA when the space was a student gallery, painted on a curving wall of the apartment’s main-floor entry gallery. Priced at a treasure-worthy $13 million, it isn’t the property’s first time to this rodeo. As with downtown Manhattan, this amazing loft has seen quite a few changes in the new millennium. The three-story unit was previously listed as #mais and #1/2C; the three story “maisonette” is TH1 in its newest incarnation.
Tour this fabulous loft
June 28, 2016

Sales Begin at Jardim, Isay Weinfeld’s Serene High Line-Adjacent Oasis

For those longing for Hamptons serenity without leaving Manhattan, Isay Weinfeld has designed a condominium for you. Sales officially kicked-off last week for the Brazilian architect's first New York commission, which has aptly been named Jardim for its leafy oasis in the heart of hard-edged West Chelsea. The homes are divided among two 11-story fraternal buildings that come dressed in a textually rich skin of cast-concrete interrupted by elongated ribbons of glass. Thirty-six light-filled homes frame the lushly planted, multi-level courtyard designed by Future Green Studio. And like all Manhattan real estate surrounding coveted greenery, the units come at a premium. Asking prices for the three currently available homes stand at $2,475 per square foot, according to CityRealty. The lowest priced abode is a 2,218-square-foot three-bedroom on the fourth floor going for $4.25 million; another three-bedroom on the third floor has an ask of $4.25 million; and a four-bedroom on the seventh floor has an ask of $7.55 million.
find out more here
June 28, 2016

Furbo: An Interactive Dog Camera That Lets You Talk to Your Pet and Dispense Treats

Pet cams are nothing new, but imagine instead of simply sitting at your desk monitoring your dog, you could reward him for good behavior or even talk to him? All that and more is available through Furbo, "an interactive dog camera with a connected app that lets you see, talk, and even give treats to your dog when you're away." The device comes from Seattle-based startup Tomofun and works using two-way audio, wide-angle live HD video streaming, barking alerts, and an interactive treat tosser, all controlled through a simple app.
Find out how it works
June 28, 2016

Former Soho Loft of Artist Bill Alpert Hits the Market for $3.1M

Here's a rare opportunity to own a Soho loft that was the longtime home of an artist--most of the artist apartments of the 60s and 70s have since changed hands. This apartment at 64 Grand Street belonged to Bill Alpert, who was known for his abstract paintings and lived here from 1967 until his death last year. It is very much a raw space, with the original hardwood floors, exposed ceiling pipes, a fire escape view and walls high enough to hang nothing but artwork. We can't imagine the price for it back in 1968, but now it's asking just a hair over $3 million.
Take a tour
June 28, 2016

New Report Says 56 Percent of 2015’s Airbnb Listings Were Illegal

Last week, both houses of the New York City legislature passed a bill that would fine advertisers of illegal short-term rentals on Airbnb up to $7,500. Current state law dictates that an apartment can't be rented out for less than 30 days if the lease holder isn't present. And a new report from two housing advocacy groups -- MFY Legal Services and Housing Conservation Coordinators -- shows that of Airbnb's 51,397 listings in 2015, 28,765, or 56 percent, fell into this illegal camp. Of those, 8,058 units were considered "impact listings," homes that "are rented out for brief periods for more than a third of a year, making them virtual hotels," according to the Post.
More findings
June 27, 2016

58 Chances to Live in a Morris Adjmi-Designed Flatiron Building for as Low as $913/Month

The latest project to come online from contextual king Morris Adjmi is an 18-story, block-through building at 7 West 21st Street in the Flatiron District. The two-tower design features a shared second-floor courtyard with ground-floor lobby and retail space. The lower facade is made of stone while the middle and upper portions are glazed terracotta. There are 288 rental apartments, 20 percent of which are reserved for households with a combined annual income of up to 60 percent of the area median income. These 58 units, created through the city's 421-a program, include $913/month studios, $980 one-bedrooms, $1,183 two-bedrooms, and $1,359 three-bedrooms. In addition to a stellar location, these affordable prices come with a 24-hour doorman, landscaped garden, roof terrace, game room, fitness center and virtual golf, media lounge and video game room. For an additional fee there's also a 200-car underground parking garage.
Find out if you qualify
June 27, 2016

Gramercy Tudor Castle Co-op, Now Twice the Size, Is Back for $6.25M

Built in 1929 and designed by architecture firm Schwartz & Gross, the landmarked 16-story building at 44 Gramercy Park North is "distinguished and eclectic," according to architecture critic Carter Horsley. Those adjectives certainly describe this out-of-the-ordinary home currently listed at $6.25 million, which 6sqft covered previously, marveling at the co-op's elaborate "Downton Abbey"-esque Tudor stylings. The sprawling 12th floor apartment was the residence of the building's owner/developer, so no expense was spared in its creation, which explains Neo-Gothic details like a limestone arch and casement windows, terra-cotta panels and brickwork. The home's current owners have lived here nearly 50 years. In its newest incarnation the apartment's listing offers a combination of units 12A and 12D, turning the size of this Gramercy aerie from grand to palatial at 2,500 square feet, claiming the largest amount of frontage (88 feet) facing south onto Gramercy Park through 14 enormous handcrafted stained glass windows. And the two-in-one situation looks like quite a find for the buyer who likes options.
Check out the amazing original details
June 27, 2016

Is the City’s New Ferry System Expansion Plan Full of Holes?

The new city-wide ferry system, scheduled to launch in summer 2017, has been lauded for creating 150 new jobs and spurring development in places like Astoria where it will shuttle the neighborhood’s transit-challenged residents to Manhattan for the cost of a MetroCard swipe. But will an unrealistic time frame and poor management choices and planning cause the Mayor's ambitious ferry plan to run aground? Maritime industry insider Tom Fox explains his concerns in an op-ed for Crain's.
What could possibly go wrong?
June 27, 2016

Interview: COOKFOX Partner Brandon Specketer on Biophilia’s Role in Building Design

You’ve certainly heard of LEED and Passive House in architecture, but what about biophilia? For COOKFOX, adding nature to a building and all the elements that surround it is a no-brainer. They strongly believe that humans have a deep, innate connection and love of nature, and in an urbanscape, they only way we can live fulfilled lives […]

June 27, 2016

New Renderings Show Supertall Status for Rafael Viñoly’s 125 Greenwich Street

The new mixed-use tower to rise at 125 Greenwich Street will indeed be adding another supertall to the Financial District’s skyline. New renderings confirm a final height exceeding 1,000 feet, inching the tower above the the 977-foot 4 World Trade Center nearby at 150 Greenwich Street, according to YIMBY. 6sqft previously reported on the progress of the slender tower-to-be, designed by Rafael Viñoly Architects and developed by a joint venture comprised of Michael Shvo, Bizzi + Partners Development, and Howard Lorber’s Vector Group that will offer a limited collection of condominium residences with unparalleled views of the lower Manhattan skyline and beyond.
Check out the new renderings
June 27, 2016

New Owners May Close Waldorf Astoria for Three Years for 1,100-Room Condo Conversion

Hilton Worldwide Holdings, who had owned the landmarked Waldorf Astoria since 1972, agreed in October 2014 to sell the 1,413-room hotel to Beijing-based financial and insurance company Anbang Insurance Group for $1.95 billion. The deal closed the following February, along with plans from the new owners to convert part of the Art Deco building into luxury condos, and now the Wall Street Journal brings additional details on the conversion. The overhaul, which could close the property for up to three years and cost upwards of $1 billion, would convert as many as 1,100 hotel rooms to condos, with the hotel portion featuring between 300 and 500 luxury guest rooms. Currently, the hotel employs about 1,500 people, but this major decline in hotel rooms will eliminate hundreds of jobs. Sources say Anbang and Hilton have already reached severance agreements totaling at least $100 million.
More details ahead
June 27, 2016

Matt Lauer Paid $36M for Richard Gere’s Hamptons Estate

Richard Gere has been trying to sell his 6.3-acre North Haven compound since 2013, when it was first listed for $65 million. Last week, reports of a $36.5 million sale came through, and the Post has revealed that Matt Lauer is the buyer. The "Today" news anchor will be getting a waterfront pool and pond, basketball court, 240-foot-long deep-water dock, island-inspired tea house, and a private beach, along with the 12-bedroom main house. Lauer, who's notorious for taking a private helicopter back and forth from the city to the Hamptons, also owns a 40-acre farm in Water Mill (where he recently had some beef with his neighbors) and is selling another Sag Harbor home.
Check out his latest acquisition
June 27, 2016

Financial District Loft Rental Comes With Its Own 800-Square-Foot Patio

Located in the Financial District, just one block from the South Street Seaport, is this 1,800-square-foot pre-war duplex with a very cool private patio. The building at 324 Pearl Street was built in 1888 as a warehouse, so the apartment now boasts 14-foot ceilings, exposed brick and lots of open space. Even the patio has a lofty vibe, surrounded by greenery against more brick. Although this is a condo, you can now rent it for $6,495 a month.
See the entire pad
June 26, 2016

Boaz Gilad’s Bed-Stuy Rental Marcí Begins Leasing With $1,846/Month Studios

Another one of Boaz Gilad's reported 40+ Brooklyn projects has met the finish line with leasing kicking off at the Marcí in Bedford-Stuyvestant. Rising eight floors from the corner of Marcy Avenue and Kosciusko Street, the 35,000-square-foot project presents an inoffensive Rubik's Cube design hashed up by Franklyn Estrella Architects. Inside are 41 studio, one- and two-bedroom no-fee apartments. Pricing of the building's seven active units are rather affordable for new construction, with available units ranging from $1,846/month studios, $2,862/month one-bedrooms, and $2,723/month two-bedrooms.
More on the building

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