November 24, 2014

Daily Link Fix: The City’s Landmarked Lampposts; NYC Named America’s Snobbiest City

There are 62 lampposts that are designated city landmarks. Who knew?? [GVSHP] Local artists design markers for the South Bronx Culture Trail. [DNAinfo] Ever wonder where the nickname Gotham came from? Turns out, it might have started as an insult. [Ephemeral NY] NYC is America’s snobbiest city. We politely disagree. [Fortune] On the one-year anniversary of […]

November 24, 2014

Supermodel Gemma Ward Lists East Village Apartment for $2.25M

Australian supermodel Gemma Ward bought her East Village apartment in 2007 for $1.5 million, when she was only 20 years old, undertaking a gut renovation of the three-bedroom pad at 232 East 6th Street. But considering that, at age 16, she was the youngest model ever to appear on the cover of American Vogue, entering the NYC real estate game at 20 isn't that shocking. And she has now listed the pre-war apartment for $2.25 million, according to the Daily News.
Tour the stylish pad here
November 24, 2014

Opulent Pad in Building Where Barbara Walters Once Lived Drops Price to $12.5M

A renovated duplex maisonette in the same building Barbara Walters once called home has been struggling on the market since it was listed earlier this year. Now, after eight months and a few price drops, the price has landed at $12.5 million. The opulent space has four bedrooms, parquet de Versailles floors, and imported French First Empire fireplaces, all just steps from the iconic Central Park.
Take a look inside, here
November 23, 2014

Sprawling Penthouse in Leonardo DiCaprio’s Eco-Friendly Village Building Gets a $10M Price Chop

Kim Kardashian checked out this penthouse at Delos Living's eco-friendly building at 66 East 11th Street back in August when it was listed for $50 million, but we guess she wasn't sold by the handcrafted “floating” metal staircase and beautiful glass atrium ceiling. Or maybe its health-centric amenities, including vitamin C-infused showers, circadian rhythm lighting, posture supporting floors, and a built-in herbarium, were too much for her. Another theory is that she didn't want to share the spotlight with celeb neighbors Leonardo DiCaprio and New Age guru Deepak Chopra. Whatever the case may be, though, she surely missed out, as the 7,693-square-foot Greenwich Village triplex just dropped its price by $10 million, now listed for $39.8 million.
Take a tour of what it would feel like to be Leo's neighbor
November 22, 2014

Weekly Highlights: Top Picks from the 6sqft Staff

Futuristic floating park may come to the West Side thanks to a $130 million pledge from billionaire media mogul Barry Diller. New rendering for 111 West 57th Street shows what will become the slimmest building in the world. NYC getting pay phones of the future with free WiFi, charging stations and more. Robert Pattinson checks […]

November 21, 2014

Study Says Brooklyn Bridge Park Towers Will Have Insignificant Environmental Impact

Critics of the two new residential towers planned for Pier 6 in Brooklyn Bridge Park have made complaints that the structures' environmental impact needed further analysis, but a new study, completed by environmental engineering firm AKRF and set to be released today by the city-controlled Brooklyn Bridge Park Corporation asserts that the towers' environmental impact will be insignificant. In a statement, Brooklyn Bridge Park said: “After evaluating the potential impacts on 19 distinct environmental categories—including schools, flood resiliency, traffic and open space—and incorporating any relevant updated changes to the project, the environmental regulations and background conditions, the technical memorandum concludes that the Pier 6 uplands project would not have any additional significant impacts.”
More on the planned towers here
November 21, 2014

Happy 112th Birthday to the Algonquin Hotel, A NYC Literary Landmark

In a town overrun with fancy hotels, the Algonquin–which turns 112 tomorrow–has true staying power, proving that history and heritage are every bit as important as plush bedding and sweet-smelling bath products. Designed by Goldwin Starrett in a Renaissance limestone and red brick façade, the 12-story Algonquin Hotel, at 42 West 42nd Street, opened on November 22, 1902, initially operating as an apartment hotel with year-long leases but switching to a hotel after the owner failed to find enough renters. Today, the Algonquin–both a literary landmark and a New York City Historic Landmark–remains one of New York’s most cherished institutions, drawing a mix of artists, tourists and cultural elites.
Read the full history of the storied Algonquin
November 21, 2014

Breathtaking Upper East Side Townhouse Boasts Four-Year Renovation Well Worth the Wait

Great architecture, whether it's here in New York or elsewhere, is fully realized when the physical shape of the building, the interior design, and the surrounding landscape are brought together through great design, and this amazing Upper East Side townhouse is an impeccable example of this magical combination. Led by Steven Harris Architects and interior designer Rees Roberts + Partners, the house recently underwent a four-year renovation and re-decoration, and the results were clearly well worth the wait. The property boasts over eight stories and 8,500 square feet of living space, and it includes a bedrock basement pool, wine cellar, gym, and workshop.
You've got to see the rest of this home
November 21, 2014

Real Estate Wire: Most Expensive Townhouse Lists for $63M; High-Rise Towers Could Rise Along Gowanus Canal

Morris Adjmi will design condos to replace the Brooklyn Heights Cinema. [BK Heights Blog] New York’s most expensive townhouse officially hit the market for $63 million. [Curbed] Queens real estate is getting a lot of attention lately. [NYT] An $18 million Williamsburg warehouse sold for $434/square foot, among the highest sales ever in the borough. [Crain’s] Gowanus […]

November 21, 2014

Bring a Bit of the ‘Burbs Into Your City Home with Suburbia Wall Storage

Swedish Note Design Studio has re-designed the iconic Uten.Silo by Dorothee Becker for Vitra in a playful architectonic way. The hyper-functional wall storage was originally made from ABS plastic and featured plenty of pockets for pens, makeup, toys and tools. But the new, more sustainable wooden version called Suburbia features a small neighborhood in which small objects can find a home.
Learn more about this sustainable storage redesign
November 21, 2014

The Verrazano Bridge Opened 50 Years Ago, but There’s Still a Myth About Its Toll

Bridges and tolls are on everyone's mind these days, thanks to the MTA's latest proposed fare hikes. If approved, this would raise the toll of the Verrazano-Narrows Bridge to $16. And today, on the 50th anniversary of the bridge's opening, most Staten Islanders still think that driving across the bridge was supposed to become free once it was paid off. No one's really certain where this myth came from, but those who believe it are quite passionate about the subject.
More on the urban myth here
November 21, 2014

REVEALED: SHoP’s Scaled-Back South Street Seaport Tower

This week, the Howard Hughes Corporation gave a presentation to the South Street Seaport community about their residential tower planned for the waterfront beside Pier 17. The original design by SHoP Architects was 52 stories and 650 feet, but to satisfy concerns by neighborhood residents and elected officials about the tower's appropriateness, the firm scaled back the design to 42 stories and agreed to also build a middle school and waterfront esplanade. But even this revised plan was met with much criticism at the community meeting; Manhattan Borough President Gale Brewer and City Council member Margaret Chin both expressed that they would not support the tower and likened it to plopping a high-rise in the middle of Colonial Williamsburg. The luxury residential tower is part of Howard Hughes's overall $305 million plan for the Seaport, which, if approved, would include a restoration of the historic Tin Building and a new home for the Seaport Museum.
More details on the project and revised design
November 21, 2014

Meticulous Maya Lin Renovation at the Curzon House Asks $60K/Month

The holiday season is fast approaching, which means there are undoubtedly plenty of festivities on your calendar. Well, if you happen to have $60,000 a month in your pocket, perhaps you’ll enjoy this sprawling condo at The Curzon House; it's warm enough for the winter months and large enough to spread out in when you’ve had enough family time. Internationally renowned architect, Yonkers jail converter, and designer of the Vietnam Veterans Memorial, Maya Lin spent several years painstakingly renovating this spectacular pad. The end result is a showstopper that has been featured in a number of publications.
Take a look inside, here
November 20, 2014

Forest Hills Gardens: A Hidden NYC Haven of Historic Modernity

This unique sheltered enclave might be the perfect spot for residents who can handle the rules; just don't call it FoHiGa. Occupying a 175-acre wedge just south of the Forest Hills LIRR station and within the greater Queens neighborhood of Forest Hills, Forest Hills Gardens is one of America’s oldest planned communities. Modeled after England’s “garden cities,” originally intended to create an ideal environment that incorporated shared green space with urban convenience for the working classes, the Gardens (as it's known) is home to about 4,500 residents. The private community is managed by the Forest Hills Gardens Corporation, an organization made up of property owners. This unique community consisting of over 800 free-standing and attached houses and 11 apartment buildings as well as churches, parks and storefronts, dates from 1909, when architect Grosvenor Atterbury and landscape architect Frederick Law Olmsted Jr.–-son of Frederick Law Olmsted, landscape architect who helped design Central Park–-were commissioned to plan a new town. Though the community lies within the boundaries of one of the world’s most modern and populous cities, it has retained much of its co-operative, idyllic nature.
Find out more about this unique community
November 20, 2014

How One Man Created a 3D Map of Manhattan When It Was Just Hills, Rivers and Wildlife

Many of you probably recognize the image above, but what you may not know is that creating it required far more than a bit of Photoshop magic. The work of Wildlife Conservation Society ecologist Eric Sanderson, this incredible photo is a true-to-life depiction of what once grew on the island of Manhattan before it was all paved over. By using an 18th-century map, a GPS and reams of data, Sanderson has recreated, block by block, the ecology of Manhattan in the early 17th century. "We're trying to discover what Henry Hudson would have seen on the afternoon of September 12, 1609 when he sailed into New York Harbor," says Sanderson. Watch his riveting TED talk on the 'Mannahatta Project' ahead and see what used to make up areas like Columbia University, Greenwich Village, and even Times Square at the time of the American Revolution. You'll certainly look at what remains from our city's verdant, hilly and marshy past in a whole new way.
Watch the video here
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November 20, 2014

Robert Pattinson Checks Out a $20M Chelsea Penthouse with Drive-In Elevator

Perhaps the low-key lifestyle of an historic townhouse in Vinegar Hill didn't agree with Twilight Star Robert Pattinson. Because he's now reportedly been spotted checking out a much more high-profile pad in West Chelsea, according to the Post. In fact, the $20 million penthouse in the famous Sky Garage building is so impressive that it has its own private drive-in elevator. Yup, that's right, the Selldorf Architects-designed tower at 200 Eleventh Avenue is considered "paparazzi proof," since celeb residents including Nicole Kidman can drive right into their personal car elevators that take them directly to their contemporary apartments. Pattison toured the $20 million, three-bedroom, 3,598-square-foot penthouse of this unprecedented building, which has other jaw-dropping features like a glass floor that opens up with the press of a button to reveal a stairway that leads to the bedroom wing below.
Check out the rest of this Sky Garage penthouse
November 20, 2014

Real Estate Wire: Staten Island Has an App Designed for Reporting Complaints; NYC Still a Safe Bet for Foreign Money

Disgruntled Staten Island residents can now report problems directly to borough hall with a new app called BP Assist. [DNA Info] NYC real estate is still the safest bet for foreign investors. [CO] The de Blasio administration will sell a 25,204-square-foot plot on the southern side of West 53rd Street between 10th and 11th Avenues […]

November 20, 2014

Hush Earplugs Let You Block Out Noise Without Missing Your Alarm

Does your roommate insist on slamming the doors at all hours of the night? Do you have an upstairs neighbor who decides to practice tap dancing at 3am? Whatever your noisy apartment horror story may be, there's a common conundrum we encounter when trying to block out the racket: how to wear earplugs but not miss the alarm. A group of engineers must have heard about our sleep-deprived woes because they've created Hush, earplugs that connect wirelessly to a smartphone, so users can hear the sounds they need to while blocking out the rest. Plus, they can play white noise, ocean waves, or a crackling fire if you need some soothing sounds to get you to sleep. And the charging dock doubles as a carrying case and phone charger (what can't these earplugs do?).
READ MORE
November 20, 2014

Light and Airy Penthouse Fuses Modern Luxury with Classic Upper West Side Charm

Easy breezy is the perfect description for this duplex penthouse that recently popped up on the market for $3,850,000. Located at 329 West 108th street on the Upper West Side, this beautiful three-bedroom home includes a dramatic corner living room and ample outdoor space–both perfect for entertaining. The living room also features an elegant angular skylight, so whether you're inside or out,  you and your guests will be able to enjoy beautiful views of the New York City skyline.
READ MORE
November 20, 2014

Photographer Jay Maisel’s Mysterious 72-Room Bowery Home Up for Sale Again

After all the hoopla around RFR Realty’s purchase of Jay Maisel’s graffiti-covered home along the Bowery, word has now surfaced that its new owners are already looking to turn a profit on the six-story building—even before they’ve officially closed on it. The Commercial Observer reports that the building at 190 Bowery, which went into contract in September, is being listed by Massey […]

November 20, 2014

Finalists Announced for 2015 Governors Island City of Dreams Pavilion

Governors Island is one of those magical NYC places that comes to life in the spring after a long winter hibernation. And part of its reawakening will be the revealing of the City of Dreams Pavilion, a futuristic-looking art installation where visitors can gather. For the fifth consecutive year, FIGMENT has teamed with the Emerging New York Architects Committee (ENYA) of the American Institute of Architects NY Chapter (AIANY) and the Structural Engineers Association of New York (SEAoNY) to host a competition for the pavilion. Entrants were asked to design a temporary architectural structure to hold 50+ people, provide shade and rain cover, using sustainable materials. And just this week the five finalists were announced.
Take a look at the final five designs here
November 20, 2014

You’ll Be Drawn to This Duplex Rental’s Four Fireplaces Like Moths to a Flame

Renters looking to enjoy a peaceful haven in the middle of the vitality of the East Village are certain to be drawn to this two-bedroom duplex at 102 East 10th Street, asking $7,500 per month. The parlor duplex with an English basement is located in a historic townhome designed by Peter Gerard Stuyvesant (the great, great grandchild of Peter Stuyvesant) and is situated less than a block from the Renwick Triangle. Original details and a private terrace make the charming home much more of a pleasant retreat than you'd imagine would be found in such a convenient location.
More photos inside
November 19, 2014

Towers in the Park: Le Corbusier’s Influence in NYC

Any architecture history student or design nerd knows about Le Corbusier (1887-1965), one of the founders of modern architecture and a truly one-of-a-kind urban planner. For those of you who aren't as familiar with Charles-Édouard Jeanneret-Gris (his given name; he was French-Swiss), one of his most noteworthy urban ideas was concept of "towers in the park." Part of his Contemporary City plan (and later Radiant City plan) to house three million inhabitants as a way to deal with overcrowding and slums, towers in the park were skyscrapers set in large, rectangular tracts of lands with open space between the buildings. Whether they were consciously influenced by Le Corbusier or not, many projects in New York City mimic his vision of towers in the park, and we've decided to take a look at the most well known of this architectural crop, as well as some other ways the famous architect left his mark on NYC.
Take a look at NYC's towers in the park
November 19, 2014

Hudson Yards Cost Taxpayers $650 Million So Far, and It’s Not Over

Just yesterday, the city hailed the completion of the platform built over the west side rail yards that will support the Brookfield West development, a major component of Hudson Yards, the 26-acre development rising on the far west side. And while Brookfield will boast a two-acre park plaza, two 60-plus-story high rises and other public commercial space, it's important to note that $7 million was spent just on designing and producing a special machine called "The Launcher" to lift the 56,000-ton concrete slabs to build the platform. This is just one of many substantial costs in the mammoth Hudson Yards project, for which the city will have paid nearly $650 million in subsides by the end of this fiscal year, money that, over the past ten years, has come straight from the pockets of taxpayers. And that's not all; according to a review by the city's Independent Budget Office, even more will be needed through 2019 to complete the "next great commercial district."
More on the subsidies and Hudson Yards
November 19, 2014

Spectacular Park Slope Pad with Bookshelf-Lined Walls Asks $1.5 Million

There are few things New York buyers love more than prewar detail, modern updates, and a great location. Well, this parlor-floor apartment of the brownstone at 917 President Street has all that wrapped up with nice wooden bow. The two-bedroom 1,350-square-foot co-op was lovingly renovated to preserve its origins while catering to the needs of the modern day homeowner, all while offering a relaxing haven on a tree-lined street in Park Slope. If wood isn’t your thing, consider yourself warned, but if you have an appreciation for exquisite millwork you’ll love the charm of this $1.495 million unit.
See more, here
November 19, 2014

Real Estate Wire: Mega Residential Development Could Come to Bronx Waterfront; Fifth Avenue Is World’s Most Expensive Retail Address

William Randolph Hearst’s penthouse apartment at 91 Central Park West is back on the market for $27.5 million after Giorgio Armani’s deal fell through. [Curbed] An abandoned industrial lot on the Bronx waterfront could become the next mega residential development for $30 million. [NYDN] Fifth Avenue is the world’s most expensive retail address, overtaking Hong […]

November 19, 2014

BWArchitects’s Artist Loft Juxtaposes a Gritty Brooklyn Warehouse with Warm Interiors

There's plenty to be said about Brooklyn becoming a brand and the second most expensive place in the country to live. But every once in a while, we stumble across something that still has a bit of the borough's old school glory. Take this Brooklyn Artist Loft designed by BWArchitects. The firm's dramatic conversion of a light manufacturing warehouse to a work/live artist studio juxtaposes the building's gritty, industrial exterior with warm, light-filled interior spaces.
Take a look at the space
November 19, 2014

$2.7M Duplex Invokes the Historic Hipness of the East Village

From beats like Allen Ginsberg to '80s artists like Keith Haring, the East Village was once home to the city's hippest New York icons (and, some may argue, still is). But since its heyday, the neighborhood has become an extremely sought after part of the city, and this East Village pad that was recently put on the market is fully stacked in the hipness department. The four-bedroom unit is located at 211 East 2nd Street and is currently listed for $2,695,000. From the Carriage House condominium's unique exterior to the edgy, rustic interior, this home is sure to make you the coolest kid on the block.
Tour this East Village beauty here
November 19, 2014

Frederik Roijé’s Smokestack Fireplace Is Inspired by Dutch Factories

The design of outdoor fireplaces isn't a field much explored by designers, but if you have one in your garden, patio or deck you've probably enjoyed having friends and family gather together to take in the warming glow. One designer that's made fireplaces look especially cool is Frederik Roijé who recently unveiled a tall and lean fire pit with a gorgeous rusty skin. Inspired by the archetypal factory chimney, his 'Smokestack' has a stunning modern design for cozying up in style.
Learn more about this sculptural rusty fireplace
November 19, 2014

Daily Link Fix: What It’s Like to Tweet as the Rockefeller Center Christmas Tree; A Writer’s Farewell to Brooklyn Heights

Did you know the Rockefeller Center Christmas tree has its own Twitter? Comedian Matt Haze talks about being the voice behind the account. [WSJ] Pop Candy author Whitney Matheson is moving out of her Brooklyn Heights apartment. But before she goes, she’s saying goodbye with a list of 33 things she’ll miss about the ‘hood. […]

November 19, 2014

POLL: Will the Pier 55 Floating Park Get Built?

The city was abuzz on Monday when news broke of media mogul Barry Diller’s $130 million pledge to build a $170 million, 2.7-acre floating park off the shore of 14th Street in the Hudson River. The planning and design process had been kept under wraps for over two years, and though the undulating, amoeba-shaped public […]

November 19, 2014

City Wants to Up Mansion Tax to Raise Funds for Affordable Housing

As the city continues to explore new avenues for the creation of affordable housing, the WSJ reports the latest idea being floated is a new "mansion tax" that would increase the amount collected on the most expensive apartment sales. Currently, homes that change hands for more than a million dollars are subject to a 1% tax, but the city wants to up this to take advantage of the red hot luxury housing market. The proposal, unsurprisingly, has met with much criticism.
More on the mansion tax here
November 18, 2014

Accidental Placemakers: Grand Architecture That’s Given Way to Micro-Enclaves of Culture

Lots of clout is given to the grand scheme design of buildings and parks, and for good reason; but every so often a singular design element or function can unexpectedly emerge from a work to create something even more extraordinary. Destinations in their own right, these "accidental placemakers" turn run-of-the-mill architectural features into dynamic public spaces that create memorable connections to their immediate sites and improve the quality of everyday life. Here we take a look at five examples found in New York City showing how great architecture, in the details, can give way to something more impactful than just a pretty building.
See some of the city's unexpected placemakers
November 18, 2014

Sprawling $10M Loft at The Dandy Gives You Something to Wine About

Apartment hunters looking to stretch their legs will love the massive third floor loft at The Dandy which has just popped up on the market asking $9.9 million. The 4,800-square-foot triple mint condition unit has all The Dandy’s signature characteristics—namely exposed barrel-vaulted ceilings, dark hardwood plank floors, and exposed brick walls—but there’s a little extra for the wine lovers. Let’s just say this loft’s cup runneth over.
See more, inside
November 18, 2014

NYC Getting Pay Phones of the Future with Free WiFi, Charging Stations and More

Remember the good old days of frantically running around looking for a pay phone and then realizing you were out of change and had to make a collect call? Well, that's soon to be nothing more than a distant memory, as New York City is turning its remaining pay phone booths into forward-looking tech hubs that include free 24-hour WiFi, free domestic calls, charging stations, and touch screens with access to city services and directions. Officially dubbed LinkNYC, they'll also be able to connect people with emergency responders and broadcast city alerts during emergencies like Hurricane Sandy.
More on the pay phones of the future here
November 18, 2014

Real Estate Wire: Inside a Spooky $2.1M Staten Island Mansion; Construction on the B2 Modular Tower to Resume

This eerie $2.1M home on Staten Island has been the backdrop for murder, madmen and fashion models. [NYT] Forest City Ratner may soon restart construction on the B2 Tower at the Atlantic Yards. The developer has agreed to buy out builder Skanska’s interest for an undisclosed amount. [NYDN] A 66th Street mansion that sold in July […]

November 18, 2014

New Residential Building To Rise Near the Museum of the Moving Image in Astoria

An aptly located residential building called the Marx is getting underway in Astoria. The seven-story building at 34-32 35th Street is a "stone’s throw away" from the Museum of the Moving Image and directly across from Kaufman Astoria Studios (think Sesame Street and Saturday Night Live). The building will replace two small houses and a parking lot and sits adjacent to a stalled construction site slated to give way to its own seven-story residential building. The Marx is designed by Fogarty Finger Architects, who also designed One Murray Park, and will contain 33 units, likely rentals. It will feature a dark grey brick façade of large, evenly gridded square windows (the latest rage in NYC architecture) whose angled metal panels and glazing variations will create an interesting play of light and shadow.
More on the project here
November 18, 2014

New York Times Will Finally Stop Comparing Everything to Brooklyn

“What’s next? Describing Manaus as the Williamsburg of the Amazon? Katmandu as the Cobble Hill of Nepal?” These are the questions posed by New York Times Standards editor Philip B. Corbett to his writers, who can’t seem to stop comparing everything in the world to Brooklyn. He references The Atlantic‘s article “All the Places The […]

November 18, 2014

Picturesque Upper West Side Brownstone with Skylit Art Studio Asks $8.75 Million

Nothing says the Upper West Side quite like images of quaint townhouses above sidewalks of tree-lined streets, and this beautiful brownstone up for sale fits right in. Located at 139 West 87th Street, the grand, recently restored property is in perfect move-in condition. The home includes approximately 4,000 square feet, 4-6 bedrooms and an abundance of luxurious and historic details. The current asking price for this classic piece of New York architecture is $8.75 million.
READ MORE
November 18, 2014

Viking-Inspired Barca Bench Fuses Furniture with Boat Building Techniques

Here is a design we'd like to get cozy with. Perfect for a lazy autumn afternoon, the sculptural Barca Bench fuses furniture with boat building techniques. The piece is the work of Danish designer Jacob Joergensen, who constructed the bench from bent pieces of wood that are meticulously joined together into a sculptural, organic shape. Designed for easy assembly and disassembly, this unique seat is a modern Viking-style seat for utter relaxation.
Learn more about this Danish bench
November 18, 2014

Dear Developers: City Proposes Swapping Air Rights for Permanent Affordable Housing

In the ongoing battle to provide more affordable housing to New Yorkers, the city has drawn up a new proposal that might just get developers clamoring to build more below-market units. The Economic Development Corporation has issued a request for proposals from developers who would, in exchange for no-cost air rights, provide a permanently affordable housing program that maximizes the number of units available and their affordability.
Find out more here
November 18, 2014

Daily Link Fix: SantaCon Heading to Bushwick; New MTA Campaign Will Teach Subway Etiquette

SantaCon’s drunken debauchery is abandoning its traditional East Village route and heading to Bushwick. [Bushwick Daily] All those backpack wearers and “man spreaders” are going to get a public shaming when the MTA rolls out its subway etiquette awareness campaign in January. [am NY] Explore the “poison cauldron” of Newtown Creek in photos. [Gothamist] After 15 […]

November 18, 2014

Minetta Street Townhouse with Yo-Yo Sales History Goes for $5.7M

Sure, we all love a good flip story, but this is more like a flip flop. This lovely townhouse at 17 Minetta Street in Greenwich Village sold for the first time as a single-family home in 2010 for $5.1 million; it then sold again in 2013 for $5.8 million (after asking $7.5); now it's sold for $5,676,000, above the $5.35 asking price, according to city records. We're not quite sure why the landmarked home keeps getting tossed around for little to no profit. The 19th century Federal townhouse got a modern renovation in 2008 by architects and designers Zhenya Merkulova and Alan Tanksley; it's accessed through a gated mews that leads to a private garden.
Tour 17 Minetta Street here
November 17, 2014

Barry Diller Pledges $130M for Futuristic Offshore Park on the West Side

Floating space in New York's waterways is not a new concept. Take the +Pool, for example, the public pool proposed for the East River that was recently supported by Kanye West. But a new offshore park proposed for the Hudson River off 14th Street seems exceedingly ambitious, as it would cost $170 million, be located 186 feet off land, and contain wooded nooks and three performance venues including an amphitheater. Barry Diller, sponsor-to-be of this ambitious plan, gives the project a much more realistic outlook. The billionaire chairman of IAC/InterActiveCorp, former head of Paramount Pictures and Fox–and husband to Diane von Furstenberg–was the single largest donor to the High Line. He's pledged $130 million from the Diller-von Furstenberg Family Foundation to make the 2.7-acre park a realty, as well as agreed to run the outdoor space and cover operating expenses for 20 years. He and his wife have starchitect-designed offices in the Meatpacking District and are clearly becoming king and queen of the neighborhood.
More on the futuristic park ahead
November 17, 2014

One Vanderbilt: New Images of Midtown East’s Zigzag Supertower

Recently at the Municipal Art Society's 2014 Summit for NYC, James von Klemperer, FAIA , a principal at Kohn Pederson Fox & Associates, briefed the audience with new details on the architecture firm's upcoming supertall project known as One Vanderbilt. In case you haven't been paying attention, the 68-story, 1,514-foot zigzag building is expected to become the tallest office tower in Midtown and third tallest in the city behind One World Trade Center (1,776 feet to spire tip) and Extell's Nordstrom Tower (1,775 feet to spire tip).
Check out all the new images of the supertall tower here
November 17, 2014

The ‘Hood Kids Are All Right: Why ‘Inner-City’ Doesn’t Always Mean a Tragic Ending

Most of the reported stories out of NYC’s “inner city” (code for ‘hoods) are tragic ones. We hear about stabbings and shootings and neglected children struggling to survive. We hear of turf wars and rampant addiction and people generally unable to take care of themselves. And it is from these dispatches that certain neighborhoods become notorious, their reputations inflated by our fearful imaginations and general unfamiliarity along with a harsh reality that cannot be denied. To the uninformed, these are dangerous places, war zones, to be avoided at all costs, at least, until the sheriff of gentrification rides into town to dispense safety through the pacifying panacea of increased rents and artisanal pickles. I like fancy pickles, though the idea of people being forced from their homes is troubling. But this is not a rant against gentrification; it’s a shout out to the “inner city” neighborhoods that may someday get gentrified. More specifically, it’s about the good folks that populate those neighborhoods who manage to hold down the ‘hood and live their lives with dignity in the face of tremendous obstacles.
Andrew shares his experience as a teacher in the hood

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