February 9, 2015

Building on Sunnyside Yards Comes with a Slew of Political, Cost and Engineering Complications

Of the new city initiatives laid out by Bill de Blasio last week during his State of the City address, few were as ambitious as the mayor's plan to build 11,250 affordable apartments on Sunnyside Yards. But, as it turns out, more than just the mayor are looking to turn the 200-acre property into their legacy project. Crain's reports that since the plan was announced, Governor Cuomo has emerged with his own ideas, namely tunnels that would bring the Long Island Rail Road into the heart of Midtown. Former Bloomberg administration Deputy Mayor Daniel Doctoroff has also chimed in with a plan of his own that encompasses a huge new money-spinning convention center. But it doesn't stop there; the clashing of ideas is just one of the burdens that comes with building on this coveted site—meaning we probably won't see any affordable housing here for more than several decades.
More on the complications here
February 9, 2015

There Were Nearly 600 Manhole Fires Last Week; The Psychology behind NYC’s Wildest Wardrobes

Last week, thanks to salt in melting snow, there were 570 manhole explosions, fires, and other incidents. [DNAinfo] Just in time for Valentine’s Day, take a culinary tour of 15 Harlem bakeries. [Untapped] The past and present of Park Slope’s Plaza Hotel. [Brownstoner] Check out this handmade rope screen at a new Chelsea restaurant. [Contemporist] […]

February 9, 2015

Foreign Shell Companies Hide the Names of the Seedy Buyers of NY’s Luxury Real Estate

We've been talking a lot lately about foreign investors with their hands in the NYC real estate market, but a story in the Times took the investigating one step further by uncovering the secrecy of more than 200 shell companies at the Time Warner Center, documenting "a decade of ownership in this iconic Manhattan way station for global money transforming the city’s real estate market." Though most of these were simply wealthy Americans, at least 16 were rich foreigners who "have been the subject of government inquiries around the world, either personally or as heads of companies," ranging from environmental violations to financial fraud. In 2014, around 50 percent of all $5 million+ sales were to shell companies, but at the Time Warner Center it was 80 percent. With this growing trend, however, the government hasn't taken a closer look at the money being used to buy luxury real estate, allowing shell companies to make the movement of foreign funds largely untraceable.
Find out more about Mr. Low and this real estate trend
February 9, 2015

Colorful Chic Furnished Loft in the Ice House Asks $7,500/Month

There’s a really chic loft available for rent in the Ice House in Nolita, right on the edge of Soho and the Lower East Side, and it’s asking $7,500 a month. This 1,033-square-foot space has the potential for two bedrooms, along with all the classic loft must-haves like reclaimed oak floors throughout, 10-foot beamed ceilings, and exposed brick walls. And the best part? It's available fully furnished.
More pics inside
February 9, 2015

Adrian Grenier Buys Five-Story Clinton Hill Townhouse for $2.1 Million

Recently it was reported that filmmaker, actor and Entourage star–and sometime boutique brewer and Brooklyn renovator Adrian Grenier had been spotted checking out a three-bedroom co-op in Chelsea, accompanied by his mom, Brown Harris Stevens broker Karesse Grenier. While Chelsea may be in their sights as well, city records show that the pair recently inked a deal on a huge, historic five-story townhouse in prime Clinton Hill at 112 Gates Avenue, not far from the house he brought back to life with a green reno in 2007.
More on the story this way
February 9, 2015

Photographer/Pillsbury Heir Snaps Up Turnkey Clinton Hill Flip for $3.5 Million

We’ve been a bit obsessed with the house at 102 Gates Avenue–a Brownstoner House of the Day not once but twice–since it hit the market as an estate sale back in 2013; lines stretched down the block and 350 people showed up on one Sunday to view the house, which was asking $1,295,000, a great price at a time when townhouse prices in the area were hitting their recent hot streak. The house, in estate condition but dripping with gorgeous original details, set off a bidding war and sold in a matter of weeks for $1,555,000, becoming a poster child of sorts for the frenzied brownstone Brooklyn townhouse market. After a high-end renovation that spared no detail, the house, a two-unit stunner with a sweet garden apartment and a beautifully restored triplex plus landscaped yard and deck, re-emerged less than one year later at the head-turning asking price of $3.35 million.
More on this brownstone Brooklyn Cinderella tale this way
February 8, 2015

Sebastian Errazuriz’s Bizarre Magistral Chest Hides Valuables Behind Its Spiky Skin

Chilean-born, New York-based artist, designer, and activist Sebastian Errazuriz isn't happy simply designing nice things to please the eye. Through his work, the internationally acclaimed creator wants to provoke some thoughts and make exceptional pieces, tackling everything from political artworks to experimental furniture. Just take a look (but do you dare to touch?) at his Magistral Chest, a porcupine-like chest of drawers that can hide and protect your most valuable treasures inside its spiky shell.
Learn more about this spiky chest of drawers
February 8, 2015

MADE IN BROOKLYN: A Rep for Authenticity and Excellence That’s Well-Earned–and Far from New

The story behind cheese-aging facility Crown Finish Caves in Crown Heights tells of an enormous amount of risk and dedication to making something on a small scale; to doing one thing well. It also once again stirs the hive of buzz around today’s Brooklyn. Article after article raises the idea that Brooklyn’s moment as the new hot spot for excellence in food, culture and authentic, hand-crafted goods, is in some quarters regarded as trite and trendy hype with little substance to it. For some, the underground cheese caves are just one more example: Cheese caves. How Brooklyn. Thirty feet below street level, in the lagering tunnels of a former brewery beneath the Monti Building in Crown Heights, Benton Brown and Susan Boyle spent several years renovating and creating “Brooklyn’s premier cheese-aging facility” complete with state-of-the-art humidity control and cooling systems. The couple created the 70-foot space with advice from the world’s top cheese experts; Crown Finish Caves opened in 2014. On an article in Cheese Notes, a commenter raves: “If I were a mouse, I would move to Crown Heights.”
More excellence and authenticity this way
February 7, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

Map Revealed for de Blasio’s City-Wide Ferry System Developers Rush to Break Ground and Add Affordable Housing Before Tax Incentives End What Would Happen if New York Let Everyone Ride the Subway for Free? Wake Up Over and Over Again in This $6M Yorkville Townhouse with Soaring Vaulted Ceiling Brooklyn’s Most Expensive Listing Ever: A […]

February 6, 2015

New Yorker Spotlight: CurlNYC Has Brought Curling to New York and They Want You to Try It

Maybe it's the throwing, or the sweeping, or just the way the athletes yell down the ice, but something about curling intrigues us every four years during the Winter Olympics. And now, thanks to the efforts of CurlNYC, New Yorkers can try their hand at the game. Since 2013, CurlNYC has been on a mission to get the city hooked on the sport. The visionaries behind this start-up are Dean Roth, Dean Gemmell, a former U.S. Curling National Champion who competed at the 2012 World Championships, and Chad McMullan. Their eventual goal is to build the first ice facility in the five boroughs dedicated to the sport, and they're well on their way. Upsilon Ventures hired the group to manage the curling program at LeFrak Center at Lakeside in Brooklyn's Prospect Park and the South Street Seaport. CurlNYC has a roster of curling instructors, like husband-and-wife duo Luke Hansen and Kendall Speten-Hansen, to introduce the sport through demonstrations at both locations and during league play at Lakeside. We recently spoke with U.S. National Champion Dean Gemmell and curling instructors Kendall and Luke to find out why New York and curling are a winning combination.
Read the full interview here
February 6, 2015

The NYC Subway Is Filled with Bacteria and DNA from Unidentifiable Organisms

If you're a hand sanitizer-wielding New Yorker who often finds yourself ridiculed by friends for your hypochondriac germaphobe ways, good news, because you've got the last laugh—sort of. A team of researchers from Weill Cornell Medical College spent the past 17 months mapping the DNA found in the New York City subway system, and what they uncovered will certainly make your skin crawl. Not only were some bacteria samples associated with bubonic plague and anthrax, but they also found that nearly half of the DNA found on subway infrastructure—we're talking turnstiles and ticket kiosks amongst other things—did not match any known organism.
Find out more here
February 6, 2015

Facebook Expands Its Midtown Office; Buy a Condo at the Oosten and Get a Free Trip to Amsterdam

Facebook is expanding its offices. The social media giant will add 80,000 square feet—at $100 per square foot—at its 770 Broadway locale. [Crain’s] If you buy a condo at the Oosten in Williamsburg, you’ll get a free trip to Amsterdam. [Brick Underground] How many jobs are accessible from your neighborhood? [DNA Info] The East River Waterfront […]

February 6, 2015

Cubitat: Sleek Plug-and-Play Unit Shelters a Kitchen, Bathroom, Bedroom and Living Room

A new plug-in home station for small-space living has just made its global debut. Called Cubitat, this giant "Rubik’s Cube" by Italian designer Luca Nichetto and developer Urban Capital, packs every modern convenience you need into a compact construction. The minimal storage container is divided by function, sheltering a fully equipped kitchen, a bathroom, a bedroom and a living room inside its sleek silver shell.
Learn more about this magical cube
February 6, 2015

As Developers Favor Large Apartments, Studio Prices Are on the Rise

As anyone who lives in a studio apartment can tell you, it's often the best–if not the only–way to live without a roommate in New York. But with developers finding it much more profitable to build large apartments, studio apartments may be heading to extinction. And those existing one-room units are seeing steep price increases as demand is outpacing supply. As the Daily News reports, "Listings for new studios compose just 4% of the units in Manhattan — down from 15% in 2013... As of January, just 30 such apartments were on the market, compared with 161 in January 2012." The median price for a new Manhattan studio rose over the past year to $930,000, a whopping 60 percent increase. Comparatively, the median price for a new one-bedroom unit rose 30 percent and for a two-bedroom home it dropped by 11 percent.
More on the real estate trend here
February 6, 2015

$2.75M Victorian Brownstone’s Original Coal Stove Is a Park Slope Cover Girl

All around the city new structures of glass and steel are rising up as bastions of modernity, often dwarfing neighboring turn-of-the-century buildings that experienced a different kind of rise–that of New York City as an economic and cultural center of the world. Standing the test of time, homes like this 1893 Romanesque Revival style brownstone call to mind the saying “they don’t make them like they used to.” While it’s true there’s nothing quite like Manhattan’s gleaming skyline, the original details in this classic Victorian residence at 585 11th Street in Park Slope are every bit as breathtaking.
See more of this home's gorgeous original details
February 6, 2015

ArchDaily Announces Winners of Its Building of the Year 2015 Contest

The votes are in, and the people of the architecture and design community have spoken. ArchDaily has announced the winners of its Building of the Year 2015 contest. The winners of the 14 categories included NYC-based firm WORKac’s Wieden+Kennedy NY headquarters for Interiors (which have been featured on 6sqft before), Herzog & de Meuron’s Arena do Morro for […]

February 6, 2015

Chinese Real Estate Investors Expanding Their Search to the Long Island Suburbs

In recent years, the Manhattan real estate scene has had a major upswing in the amount of wealthy buyers from China, who feel that New York City condos and other properties are a safe place for their money. In fact, high-profile real estate firms are even tapping Chinese brokers to cater to this growing clientele. But now the trend is moving east, with Chinese buyers eyeing the stately mansions that make up the Gold Coast suburbs of Long Island. According to the Times, "Some Chinese buyers are parking money in what they see as a low-risk investment. Others are seeking a trophy home. Still others are intent on living in these places full time while their children attend the area’s high-performing schools."
More details ahead
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February 6, 2015

Photographer Jay Maisel Officially Sells 190 Bowery for $55M

It's being considered one of the greatest returns on investment in New York City real estate history, reports the Daily News. Photographer Jay Maisel bought the now-famous graffiti-covered home at 190 Bowery back in 1966 when it was abandoned for only $102,000, and he's now officially sold the Gilded Age bank building to developer Aby Rosen of RFR Realty for $55 million. Developers have been urging Maisel to sell ever since the Bowery changed from a seedy row of drugs and flop houses to a trendy destination for foodie-favorite restaurants and high-end boutiques. Rosen finally convinced the artist, who lived in the six-story, 72-room mansion with his wife and daughter, to sell on the basis that it had no heat and was in disrepair.
More on the epic sale
February 6, 2015

Bask in Exquisite Finishes and Views for Days in This $20M East Asian-Inspired Penthouse

Brace yourself, because we’re about to take you on a tour of an MTV Cribs-worthy pad. This 3,600-square-foot duplex penthouse was purchased by a philanthropic millionaire named Drew Katz back in 2007. He and his wife paid $6.125 million for the fairly raw space, then brought in Cooper, Robertson & Partners architect Edward Siegel and designer Ernest de la Torre to create an East Asian-inspired abode so brilliant you almost can’t stare directly at it without burning your corneas. But what good is a life without risks? So let’s stare away at all of its glory.
Let's take a look
February 5, 2015

Andrés Jaque/Office for Political Innovation wins the 2015 Young Architects Program at MoMA

MoMA PS1 has just announced the winning design for this year's Young Architects Program (YAP), which will be featured this summer in the Long Island City museum's outdoor courtyard, setting the stage for the Warm Up summer music series. The top spot goes to Andrés Jaque of the Office for Political Innovation for COSMO: Give me a pipe and I will move/celebrate the Earth, a moveable environmental artifact made out of customized irrigation components that will make visible and enjoyable the typically hidden urbanism of pipes. According to MoMA PS1, COSMO "is engineered to filter and purify 3,000 gallons of water, eliminating suspended particles and nitrates, balancing the PH, and increasing the level of dissolved oxygen. It takes four days for the 3,000 gallons of water to become purified, then the cycle continues with the same body of water, becoming more purified with every cycle."
More on the winning design
February 5, 2015

Grand Central Owner Enlists Harvard Professor to Stop 1 Vanderbilt and ‘Unconstitutional’ Seizing of His Rights

Discord around the construction of One Vanderbilt continues to grow, and the latest contender to enter the ring is Harvard Law professor, "liberal constitutional scholar" and President Barack Obama's former educator, Laurence H. Tribe. Grand Central owner Andrew Penson has tapped the big-time lawyer to battle the city in his fight against the 1,514-foot supertall, according to The New York Times. Yesterday, with Tribe in tow, Penson went head-to-head—yet again—with the tower's developer SL Green at the City Planning Commission hearing. The meeting got as heated as one would expect, and "unconstitutional" and "ridiculous" were just a couple of the words thrown around.
Find out more here
February 5, 2015

Listings Launch at Fort Greene Church Conversion 232 Adelphi Street

When we first got a look inside the church conversion at 232 Adelphi Street we were blown away by the amount of original architecture retained from the structure's holy days, including stained glass windows, vaulted ceilings with exposed steel beams, arched doorways, reclaimed hardwood floors, and plenty of exposed brick. And now that listings have launched at the Fort Greene rental building, we have even more to ogle at. Formerly the Carlton Mews Church, the landmarked 1888 Gothic Revival Church was completely restored by RSVP Studio to feature 12 distinct apartments, including studios, one- and two-bedroom duplexes, and three-bedroom triplexes.
Take a look at the offerings here
February 5, 2015

First Penthouse at the Oosten Hits the Market for $6.4M; ‘Bargain’ Condos Coming to the Market

One of four penthouses in the Piet Boon-designed Oosten is up for grabs at $6.4 million. [6sqft inbox] “Bargain” condos are coming to the market. Expect these to be priced $3 million and under. [Bloomberg] Guoqing Chen, the founder of China’s largest private airline company, has bought a full-floor condo at One57 for $47.4 million. [TRD] […]

February 5, 2015

Adam Charlap Hyman’s Eclectic NYC Apartment Is Like a Design Version of ‘I Spy’

If you’ve ever been to a three-ring circus you know how difficult it can be to pay attention to everything that’s going on. You don’t want to miss a single part of the show. Well, touring designer Adam Charlap Hyman’s New York City apartment is more like a ten ring circus because everywhere you turn you will find magical little treasures and you don’t want to miss any of his eclectic and amusing aesthetic.
We spy a beautiful home right this way
February 5, 2015

Musical Data Project is the Soundtrack to Income Inequality Along the Subway

While we love a good infographic or interactive map, this "musical data-viz project" really sparked our interest as a new way of looking at geographic trends. Artist and programmer Brian Foo translated a 1.5-hour subway ride on the 2 train into a 4.5 minute song that rises and falls based on the income of the neighborhood the train is passing through. What results is an audibly beautiful rendition of the often not-so-pretty diversity in the city's income levels.
Listen to the full song here
February 5, 2015

92 Years of Architecture Through Time Magazine Covers; NY Accent on Its Way Out

Brush up on architectural history through Time magazine covers from 1923 to now. [Curbed] Most New Yorkers leave their houses at 8am, according to this interactive map of when Americans leave for work. [FlowingData] If this isn’t romantic, we don’t know what is. Take a Valentine’s Day tour of the Newtown Creek sewage plant’s digester eggs. [Gothamist] Sean Lennon’s […]

February 5, 2015

Rents in Harlem Shoot Up, Brooklyn Studios Expensive as Ever

MNS has just released their 2014 report pointing to rental performance in the Manhattan and Brooklyn markets over past year. And as you've probably already guessed there are no surprises here—rents were up. Leading the charge in growth were Harlem where new luxury listings gave the area a major boost, and of course Brooklyn which continued see growth at remarkable rates, particularly with studio units which were up more than 20 percent in some nabes.
Find out more here
February 5, 2015

Renderings Revealed for Sustainable Hudson Square Park by Mathews Nielsen Landscape Architects

Back in June, the Hudson Square Connection (a neighborhood BID) announced their plans to turn Soho Square, the half-acre open space at the intersection of Spring Street and Sixth Avenue in Hudson Square, into a public park. Since then, the Business Improvement District, in partnership with the city and neighborhood stakeholders, has been seeking input from the community to inform the $6 million renovation. Just last night, the design by Mathews Nielsen Landscape Architects was presented to the Community Board 2 Parks Committee, and it features sustainable, green infrastructure, storm water management, and more.
Check out the renderings here
February 4, 2015

Map Revealed for de Blasio’s City-Wide Ferry System

While there were plenty of highlights in Mayor de Blasio's State of the City address yesterday–from affordable housing to raising the minimum wage–it was undoubtedly the announcement of a city-wide ferry system that really got New Yorkers talking. De Blasio said that the ferry service will open in 2017, with pricing on par with the Metrocard, as a way to accommodate the growing population of New York. It will serve neighborhoods including the Lower East Side, Astoria, the Rockaways, Sunset Park, Brooklyn Army Terminal, Bay Ridge, Red Hook, and Soundview, among others. A new map released today shows the entirety of the system, breaking down existing ferry lines, those planned for 2017 and 2018, and those proposed.
More details and the full interactive map ahead
February 4, 2015

Brooklyn’s Most Expensive Listing Ever: A $40 Million Mansion with a Mayoral Past

There's no shortage of beauty inside, out, or around this stunning Brooklyn Heights mansion which has just hit the market for a record $40 million—the most expensive residential property ever listed in the borough. While that amount may make our mere mortal hearts skip a beat, the price tag is certainly warranted when you consider the following: It encompasses 17,500 square feet, there are 15 bedrooms, 16 bathrooms, and more than 9,000 square feet of garden and outdoor space, and it boasts enough original details to make even the biggest history buff's head spin. As the listing so aptly states, "Much like a long awaited centennial celebration, a residential sale of this magnitude comes around very seldom, and when it does, quite often history is made."
Tour the spectacular $40M home here
February 4, 2015

Govert Flint’s Futuristic Computer Chairs Allow You to Click with a Kick

Although our bodies are designed to move, the furniture we possess is usually based on a monofunctional posture. Day to day, we tend to segregate our basic bodily needs and just stare at screens, often forgetting how important it is to keep joints and muscles moving. To compensate for this inertia, we'd like to introduce you to "Segregation of Joy" by Govert Flint. This innovative skeletal seat allows you to take different postures and move freely, and boost your health and happiness, all from the comfort of your chair.
Learn more about this interactive seat
February 4, 2015

A $10 Million Tree Grows in Sean Lennon’s West 13th Street Front Yard

Well, at least that's what one disgruntled Greenwich Village neighbor is hoping. Gary and Addie Tomei, parents of actress Marisa Tomei, have filed a lawsuit against next-door neighbor Sean Lennon, son of John and Yoko, alleging that a tree on his property (153 West 13th Street) has spread its roots onto their property (155 West 13th Street), cracking the stoop, breaking the railings, and coming through the basement floor of their townhouse. Sure, they want Lennon to chop the tree down, but they also want $10 million, according to the Post.
More details on the neighborly beef
February 4, 2015

Tiny East Village Treasure Is Huge on Charm and Priced Well Under $1M

In a city filled with space-challenged (okay, let’s just admit it, tiny) living spaces, one can only hope the expression “good things come in small packages” holds true. When we took one look at this adorable East Village co-op at 323 East 8th Street we felt compelled to take a little literary license with the well-known phrase because sometimes “great things come in small packages.”
Check out more of this East Village treasure
February 4, 2015

POLL: Would You Pay More for Better Subway Service?

The MTA’s fare hike will take effect in March, raising the price of a single subway ride from $2.50 to $2.75, and it’s made most New York train riders pretty unhappy. But what if service was better? If those flashing “delay” projections were few and far between; massive platform pileups were a thing of the […]

February 4, 2015

If You Can’t Beat ‘Em Join ‘Em: Hotels Attempt to Emulate Airbnb Amidst Competition

As the city's war against Airbnb rages on, hotels and bed and breakfasts across the city continue to see their guest numbers drop. But the decrease isn't necessarily due to the lower costs of Airbnb rentals (although we certainly wouldn't discount it) but the fact that visitors to our fair city are looking for an authentic New York experience. DNA Info reports that new hotels across the city are looking to recreate the "real experience" of staying in New York by channelling a "more urban" atmosphere with cool perks—bars amongst them—that lure local residents within their towering walls to hang with their guests.
READ MORE
February 4, 2015

$1M Sunny Loft in Former Chocolate Factory Is a Golden Ticket

The bad news: you won’t find any chocolate here. The good news: You’ll get a brilliant two-bedroom loft lined with western-facing windows, only blocks from Ft. Greene Park, for just under $1 million. Located in the 1 Rockwell Place condos, which was once a chocolate factory and remains the only true converted factory loft space in all of Fort Greene, this apartment has plenty of character thanks to original wood floors, 11-foot ceilings, and exposed beams.
More pics inside
February 3, 2015

Then and Now: From Luchow’s German Restaurant to NYU Dorm

For those of us who came to the city within the past decade, it's hard to imagine East 14th Street without its stretch of bulky NYU dorms, big-box supermarkets, and mini-chain restaurants. But of course this wasn't always what the area looked like. In the late 19th century, the area centered around Irving Place, was full of entertainment venues like the Academy of Music, the city's opera house, Steinway Hall, Tammany Hall, and the City Theatre movie house. And at the heart of it all was a restaurant that catered to both the theater crowd and the German population of the East Village–Luchow's. Luchow's was established in 1882 at 110 East 14th Street at Irving Place when German immigrant August Lüchow purchased the café/beer garden where he worked as a bartender and waiter. It remained in operation for a full century, becoming an unofficial neighborhood and city landmark, until it was replaced by NYU's University Hall dormitory.
Read the full history here
February 3, 2015

HIGHLIGHTS: De Blasio Announces Plans for More Affordable Housing and a New City-Wide Ferry Service

Mayor Bill de Blasio just wrapped up his State of the City address, and in addition to focusing in like a laser beam on affordable housing, the mayor also unveiled a number of additional improvements that certainly had us sitting up straight in our seats. In his address, De Blasio emphasized that his plan would look to creating denser, economically diverse affordable residential communities for not only low-income New Yorkers, but also for chronically homeless vets, seniors and artists. “While the state of our city is strong, we face a profound challenge,” de Blasio said during his speech. "If we fail to be a city for everyone, we risk losing what makes New York, New York…Nothing more clearly expresses the inequality gap—the opportunity gap—than the soaring cost of housing." The mayor also spoke about the administration's plan to raise minimum wage and expand public transit, which would include adding more Bus Rapid Transit lines to the outer boroughs, and, most notably, a brand new city-wide ferry system that would serve areas such as the Lower East Side, the Rockaways and Red Hook for the same cost as a subway ride. Keep reading for more highlights.
Highlights from de Blasio's speech here
February 3, 2015

7,279 NYC Homes Are Valued at More Than $5 Million

If you think that statistic is jaw-dropping, consider this, too–those 7,279 homes valued at more than $5 million amount to a total fair market value of $65.2 billion, according to data from the city’s Independent Budget Office. The Wall Street Journal requested the data to take a closer look at the proposal to impose higher property taxes on pied-à-terre owners, and the findings show that "the city’s most expensive homes would generate less money from a higher tax surcharge than what its advocates have suggested."
More details here
February 3, 2015

Boerum Hill Warehouse “Sale” Will Still Set You Back $7.2M, but It’s Worth Every Penny

If you love the wide-open layout a converted warehouse affords, you’ll want to check out this gorgeous residence at 90 Wyckoff Street in Boerum Hill because it was just reduced by nearly 10 percent. And while traditional warehouse sales of the shoe and clothing variety might save you a few hundred bucks, this one will keep a cool $800,000 in your pocket. While the $7.2 million asking price doesn’t qualify for the Boerum Hill townhouse record (a distinction currently held by the house actress Michelle Williams recently sold for $8.8 million), this home is poised to take the runner-up slot and we think it easily holds its own against the competition.
See more of this light-filled home
February 3, 2015

Queens to Get Its First Apple Store; Details Revealed for St. Patrick’s Old Cathedral School Condo Conversion

The first Apple store in Queens will open later this year in the Queens Center Mall. [9to5Mac] The conversion of the St. Patrick’s Old Cathedral School in Nolita will include seven luxury condos with a total sellout of $70.7 million, a church-related community facility, and two townhouses. [TRD] Williamsberry is a new condo, not a fruit snack, set to rise […]

February 3, 2015

Bruce Willis Is Back at It, Buys $17M Duplex at 271 Central Park West

Maybe we haven't seen Bruce Willis in a new movie in a couple of years because he's been too busy unloading and buying real estate in New York. First there was the $12 million, 22-acre buy in Bedford, then the $13 million sale of his El Dorado co-op, and now he's purchased a $17 million six-bedroom duplex at 271 Central Park West, just a few blocks away from the El Dorado digs and not too far from the unit he owned before that at Trump Place on Riverside Drive. Clearly Willis likes the Upper West Side, and it looks to us like he's having some fun climbing up the luxury-listing ladder.
Check out Willis's new pad here
February 3, 2015

Mapping How the NYC Subway Could Operate in a 40-Inch Snowstorm

Though winter storm Juno isn't going down in history as the biggest snowstorm to ever hit NYC, it was the first time the city completely shut down the subway system due to a snowstorm. Governor Cuomo and the MTA said the shutdown was necessary because a portion of almost every train line runs outdoors. Not happy with that reasoning? Then you'll really enjoy this map from WNYC called the Snowpiercer; it proposes how the subway system could operate during a 40-inch snowstorm.
See the full map here
February 3, 2015

Luxe Penthouse at the Carlton House Sells at a Discounted $52 Million

It's been a couple weeks since we've seen a sale break the $50 million mark, but lo and behold, the penthouse at Extell Development's Carlton House has just sold for $52 million. According to city records filed today, the top unit sold at a markdown, originally listed for $65 million back when it first hit the market in October 2013. The price cut, however, shouldn't discount what's inside. The six-bedroom, six-plus-bathroom, 8,988-square-foot Upper East Side duplex features a private outdoor roof space (there's 5,261 square feet of outdoor space in total), en-suite bathrooms in all the bedrooms and wrap-around terraces. The building itself also boasts quite an interesting backstory. It was originally designed in 1940 by Kenneth B. Norton, but not completed until 1950 as construction was halted during World War II. After purchasing the building in 2010, Extell hired Beyer Blinder Belle to convert the structure into condos. The job cost a reported $350 million and Extell's President Gary Barnett told The New York Times that the decision to preserve the building was “actually more expensive than if we tore the damn building down and built it again.”
Check out the floor plan here
February 3, 2015

Hillary Clinton’s Campaign Headquarters May Be in Brooklyn; Behind the Scenes of the Loew’s Kings Theatre Restoration

When and if Hillary Clinton announces her presidential bid, her campaign headquarters may be in Brooklyn, which seems to be the new hot spot for the democratic party. [Brooklyn Magazine] For the best U.S. architecture per square mile, head to… Dallas? [CityLab] Tour Neil Patrick Harris and David Burtka’s Harlem townhouse. [Architectural Digest] A new project […]

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