June 16, 2014

Fortis Property Group Will Build Condos and Medical Clinic on Site of LICH

Perhaps the third time will be the charm — after multiple bids, the State University of New York may have found a buyer for its cash-strapped Long Island College Hospital. In the latest attempt to move redevelopment plans forward, Fortis Property Group has jumped in with a new deal: It'll pay $240 million to transform the Cobble Hill facility into market-rate condos and a clinic.
Details on the deal straight ahead
June 16, 2014

Windsor Terrace Home Gets Scooped Up by Unexpected Buyer for $2.2 Million

If you’re an older couple looking for a quiet place to tend your garden on Saturdays, you’ll love this quaint, recently purchased Windsor Terrace townhouse with a retro charm. This 2,090-square-foot town home is like your grandma’s house… made with love. The retro charmer has subway-tiled walls and original claw foot tubs to add to its vintage appeal. And it all starts when you walk through those nine-foot entry doors. A decorative archway greets you, ushering you into the sun-filled parlor with its 11-foot tin ceilings and original heart of pine floors. There’s also a working fireplace so you can read Chaucer while your cat Norman rubs up against your leg.
Take a closer look at this retro home here
June 16, 2014

Beautiful Clinton Hill Brownstone with an M.C. Escher-like Staircase Sells for $2M

Can you make sense of this staircase? We're not sure what's going on here, but the rest of this Clinton Hill townhouse is a sight to be seen. Closed today by the Corcoran Group for $2 million and some change, the 4-story, 2-family brownstone was recently gutted and renovated to boast a modern design with cutting edge appliances and sleek finishes. If you love wood detailing, high ceilings, or just want to snoop around a historic home that has a pretty incredible backyard, hit the jump.
Take a tour of 441 Classon Avenue
June 16, 2014

Unusual Bathroom Design May Have You Going Hmmm But the Rest of This $1.6M Soho Loft Will Have You Going Mmmm

Thirteen windows wrapping around three sides of this 1,100 square foot loft means bright and airy in a big way – even the bedroom closet and bathroom are filled with sunlight! Overlooking two of the building’s three charming courtyards this gorgeous unit at 140 Sullivan Street has a wonderfully open floor plan with extra high ceilings exposing all of the original wood and steel beams, wide plank cherry floors throughout, and built-ins galore. And while a NYC curator created this open concept to merge the aesthetics of uptown chic with the artistic and architectural details of downtown, this home presents its next owner with a virtual clean slate as there is plenty of space to carve out additional bedrooms, an office, even formalize the dining and living areas.
Right this way for hmmm and mmmm
June 16, 2014

Frick Museum Expansion Renderings Unveiled

The Frick Collection just announced their plans for expansion last week and today they’ve unveiled renderings. The construction, designed by Davis Brody Bond architectural firm – the same firm responsible for the interiors in the 9/11 Museum - plans to expand the space by 60,000 square feet, connecting their Upper East Side mansion with the museum’s art reference library.
More on the massive expansion this way
June 16, 2014

Boerum Hill Apartment with a One-of-a-Kind Rooftop “Skytrack” Selling for $795K

Believe it or not, before Trader Joe's and Rag & Bone came along, Boerum Hill was a neighborhood filled with boarding houses for ironworkers who came to work on Manhattan's bridges and skyscrapers. A number of manufacturing factories also made their way into the neighborhood during the early 20th century, including a construction at 120 Boerum Place. This beautiful pre-war building was converted into a condo in the early 80s. But instead of demolishing the whole thing, they fused the old with the new, keeping a number of industrial details intact, including an incredible "skytrack" that wraps the entire roof of the building. For those who love the comforts of living in a premiere neighborhood, but want a more unfinished aesthetic, apartment #2J at the Skytrack is calling for you...
photos of the interiors and terrace here
June 16, 2014

Wood-clad Windsor Terrace House Mixes a Modern Layout with Rustic Elements

Row after row of wood-framed houses fill the quaint, tree-lined streets of Brooklyn's Windsor Park neighborhood. Many are decades old and like this cozy home on Reeve Place, require a bit of a face-lift after many years of wear and tear. In 2013, the owners enlisted the architects at Brooklyn's Barker Freeman Design Office to give the semi-detached house a makeover, complete with a brand new wood-paneled exterior.
See how they mix the old with the new straight ahead
June 13, 2014

New Yorker Spotlight: Behind the Watch Counter at Christie’s with Mr. Reginald Brack

Reginald Brack is keeping watch... On the international watch market that is. As Senior Vice President, International Head of Retail, Watches at Christie's, he travels the world in pursuit of that perfect watch. He focuses his time in private sales where he assists clients from New York to Geneva to Hong Kong with their buying and selling needs. Reginald's role at the auction house includes curating private boutiques, hosting events, and vetting watches for the newly launched Christie's Watch Shop. From this brief job description, it's clear that he has an expertise in things time related. Beyond his work at the auction house, I was interested in learning more about Reginald. How did he translate a love of watches into a career? My curiosity also extended into New York's relationship with timepieces. 6sqft met with Reginald in his office at Christie's to learn more about watches, collecting, and where Christie's fits into the watch market.
Read the interview with Reginald
June 13, 2014

GLUCK+’s Showstopping Facade on This Midtown Townhouse Hides a Space-Efficient Home

There's no doubt that the aluminium facade of this Midtown townhouse is a showstopper. Set between two traditional red brick homes on East 51st Street, the building's shiny, punctuated front is sure to get every passersby's attention. But it wasn't designed just to become talk of the town — it's also meant to give the owners some much-needed privacy.
The interiors are just as unique
June 13, 2014

$17.25M Greenwich Village Townhouse Not Just Another Multi-Million Dollar Listing

With its conversion completed only a few months ago, and dubbed “Vaux Mansion”, a nod to Calvert Vaux who designed the russet neo-Gothic structure that is part of the property, the eclectic mix of exteriors at 215 Sullivan Street make a stately presence in its Greenwich Village neighborhood. And in a city filled with multimillion dollars homes, this 39’ wide townhouse sits at the head of the class. We’ve taken a peek inside many a gorgeous residence, but this one is truly lovely. The interior of this six-bedroom, seven-bath home is everything you would expect – 6,861 square feet of soaring vaulted ceilings, rift-sawn wide plank white oak flooring, and exquisite finishes.
See why this home is not just another multimillion dollar listing
June 13, 2014

NYC Events 6/13: Rock Out at the River to River Festival; 90s Bad Girls Exhibition Opens

Multi-cultural and multi-disciplinary art is at your finger tips this week in New York! Catch a flick featuring interviews with Kanye West, Snoop Dogg, Commo and Questlove; experience the reprise of a 90s Bad Girls exhibition; or check selfies from the Austrian Cultural Forum. The week ends with the kick off of the River to River Festival, which will bring tons of art, performances and music to venues all across Lower Manhattan- all for free. Enjoy!
All the best events here
June 13, 2014

Infamous Greenwich Townhouse with ‘Explosive’ Past for Sale Again, Now $13.5M

Lovers of NYC landmarks rejoiced just last week when it was announced that Justin Korsant of Long Light Capital would be keeping the frontage of his recent Greenwich Village buy intact. But even with plans in the works to gut the interior and start fresh, Long has no intention of living in the home at 18 West 11th. The soon-to-be-updated pad and was just listed for $13.5 million over at Urban Compass. Long originally paid $9.25 million for the property. Downtown flip, anyone?
See the new floorplan and renderings here
June 13, 2014

The Unveiling of 101 Tribeca Is Better Than Expected

If you didn’t like the renderings revealed earlier this year for the much-anticipated tower at 101 Murray Street, you’ll be pleasantly surprised to know that they were incorrect. New renderings – the right renderings- have been released to New York YIMBY… and she’s a beauty. 101 Tribeca, as she’ll be called, is being developed by Fisher Brothers and The Witkoff Group, and designed by Kohn Pederson Fox. The building is set to soar over Tribeca at roughly 950 feet tall with a sleek, slender design that elegantly bevels out at the top. The 63-story structure will house 129 condominiums, totaling 433,800 square feet. Its tall ceilings, coupled with its sheer height, promises to deliver unobstructed views that will stretch as far as New Jersey and Long Island.
Find out more about this record-breaking structure here
June 13, 2014

NYC Trying to Preserve Low Rents in Stuy Town, Asks CWCapital Asset Management to Hold Off on Sale

Photo via Wiki Commons Here we go again. Stuyvesant Town and Peter Cooper Village on Manhattan’s east side have a long history of being an affordable option for middle-income workers. But these days its hold on that place in the city’s housing landscape appears tenuous at best. Though rent-stabilizations laws have been in effect for many units and about half are below-market rates, the remainder is comprised of luxury apartments, with one-bedroom units fetching as much as $2,900 a month, more than double the rate in 2006 when nearly ¾ of the units were below market. And with the property poised to sell for billions of dollars, the trend towards more luxury rentals seems likely.
More on the city's plan to keep rents low
June 13, 2014

Downtown Flips: Four of the Biggest Moneymakers of All Time

At any given hour when you turn on a home design television channel you have about a 50% chance of landing on a realty show about flipping houses.  In real life, though, it's not all hunky property brothers and fairy tale endings; trying to flip a house is a gamble, which is why oftentimes the most successful flippers are those on the inside, like real estate developers and seasoned brokers. For anyone looking to make a flip, New York is ripe with opportunity thanks to low inventory and a constant race to be bigger and better.  Within the city, Downtown Manhattan is the ripest fruit on the vine.  Full of highly desirable, trendy neighborhoods, it's a hot bed for investors.  There's no textbook definition of a flip, but it's generally thought of as a three-year turnover.  Downtown there have been 58 apartment swaps within the past three years.  We take a look at some of the greatest hits.
This way for all the triumphant flips
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June 12, 2014

This Narrow Greenwich Loft Makes Up for Its Slim Lines with Dramatic 16-Foot Ceilings

Most New Yorkers are used to squeezing into small quarters, but few of those spaces boast dramatic ceilings like this beautiful little home at 67 East 11th Street in Greenwich Village. Measuring approximately 950-square-feet, this duplex loft is perfect for a single or for a no fuss no muss couple that wants to live minimally. And unlike the other tiny spaces of Manhattan, this loft is a light-filled abode with 10-foot tall windows and southern exposures that ensure every day will be a sunny one in the village.
Take a peek inside the Greenwich digs here
June 12, 2014

Crazy Futuristic Hotel at 55 Wythe in Williamsburg Now Under Construction, Developer Zelig Weiss Scores a $18.4M Loan for the Site

The new Level Hotel planned for 55 Wythe in Williamsburg wasn't much more than a rendering when it was revealed last month, but one of 6sqft's intrepid reporters swung by the site recently only to find that construction on the Jetson's-like building had commenced. Permits for the 320,000 square foot hotel were approved in early April, and according to locals, heavy equipment arrived on the scene a few weeks ago with groundwork now well underway. Now, further cementing Level's status as a hotel of the future, the hotel's developer, Zelig Weiss, closed on an $18.35 million loan from Madison Realty Capital to purchase the site for about $30 million, according to Crain's.
More details and photos here
June 12, 2014

These Hamptons Houses by James Biber are Made for Both Summer and Winter Living

James Biber's portfolio features plenty of famous and easy-to-recognize works. In New York, the acclaimed architect has made his mark with designs like the Fashion Center kiosk and CUNY's Macaulay Honors College. Outside of the city, he's been on board projects that include the Harley-Davidson Museum and Arizona Cardinals Stadium. These big-name clients are the result of nearly 25 years in the industry, but often it's the smaller ones that leave the strongest impression. Case in point: Biber calls these three houses in Long Island "a seminal course in building."
Details on the three buildings here
June 12, 2014

Walmart Heiress Alice Walton Buys a $25 Million Park Avenue Pad

Walmart heiress, philanthropist, and the 14th richest person in the world, Alice Walton, will be moving into a $25 million duplex condo at 515 Park Avenue. The Post reports that the Walton claimed the 30th and 31st floors of the Lenox Hill co-op building — a unit with 6,346 square feet of space hosting five bedrooms, six bathrooms, a grand staircase, and 52 windows that offer up panoramic views of the city. 515 Park also has its own exclusive kitchen and caterer, Chef Daniel Boulud, and 15 private, climate-controlled wine cellars.
Take a look inside here
June 12, 2014

The Beautiful Condos at Naftali Group’s Brand-New Gramercy Tower Have Hit the Market

Do you think too many of the new buildings coming up nowadays look like glassy, reflective eyesores? Then you'll be happy to set your eyes on this brand-new tower located at 234 East 23rd Street developed by the Naftali Group. With floor-to-ceiling casement windows, the facade is plenty modern, but the building is most striking because of its red brick nod to the Gramercy neighborhood it calls home. The units in the building just were just listed today, and you can get your first peek of the interiors right here.
Your first look inside the new building right this way
June 12, 2014

Your Daily Link Fix: Rediscovering Beacon; Are Architects Ruining Skylines?

12 Architects You Should Recognize By Their Sketches: Architizer tests your architecture knowledge, while examining the dying art form. Rediscovering Beacon: The New York Times explores the quaint city of Beacon, about an hour outside of New York City. Are “Starchitects” Ruining Skylines?:  Bryan Lehrer interviews Witold Rybcznski about star architects who design buildings in cities […]

June 12, 2014

Chelsea Modern’s Angular Exterior Contrasts Fine Lines of $9.85M Penthouse

No two ways about it. The blue tinted exterior of the Chelsea Modern, sitting quite majestically at 447 West 18th Street, certainly gets your attention. All angles and edges, with windows that open outward parallel to the façade, it’s not quite like anything else in an area fast becoming known for its interesting and celebrated architecture. The same could be said for this ridiculously sumptuous penthouse duplex. The exterior of this home will grab your attention in a very different way – namely, three beautifully landscaped terraces seamlessly connecting you to sweeping river views to the south and breathtaking city views to the north. And with elegant touches such as a formal dining area, a luxurious daybed, intimate seating area and an outdoor kitchen, the terrace space is literally a home unto itself. But we think the interior of this spectacular residence has plenty to bring you inside every now and again (well, we know the New York winters will!).
See why this stunning penthouse will grab your attention
June 12, 2014

Airy $12 Million Soho Penthouse Offers Up a Premier Indoor/Outdoor Living Experience

If you’re wondering what to do with that extra $12 million, consider the stunning penthouse triplex at 111 Mercer Street. This condo offers more than gorgeous city views, it practically invites the city in for coffee. If you’re reading this we’re going to assume we don’t have to tell you this penthouse is flooded with light… unless, of course, you’re blinded by it. The main floor of the 3,500-square-foot ultra chic condo is framed in all glass NanaWalls that open to its expansive terraces, creating the ultimate indoor/outdoor living experience. The living room and dining area opens up to a 1,200-square-foot terrace — or let’s be honest — it’s an outdoor living room. Meanwhile the kitchen has its own terrace complete with an outdoor dining space… and a fireplace… and west facing sunset-ready views… of the Freedom Tower. Want more?
We've got more...
June 12, 2014

Tribeca Loft That Wouldn’t Sell Will Be Just as Happy as a $45K/Month Rental

When the going gets tough...put your massive Tribeca condo on the rental market for $45,000/month.  Well, at least that's what the owners of Apartment 1 at 16 Jay Street recently did after trying to sell the pad since April 2011.  Available immediately, the space can come furnished or unfurnished. Known in the design community for its sweeping cast-iron and mahogany staircase that was welded together inside the home in the shape of a double ellipsis, this floor-through apartment occupies the entire 4,200 square feet of 16 Jay Street's first floor.  It has 3BR/3BA and a 900-square-foot patio that contains a 25-foot-high sculpture and heated limestone flooring.
The interior excitement continues here
June 11, 2014

Market Snapshot: The Week of June 11, 2014

Leading into summer, the market continues its roller coaster ride — we're seeing sharp increases in sales following an unexpected lull in the typically active spring season. For the week of May 12th, the city recorded 233 sales; Manhattan condos sold for an average of $3 million, while co-ops pulled in an average $1.3 million. One57 scored not one, but two of the most expensive sales of the week at $30.5 million and $17.8 million. But it was celeb favorite, 15 Central Park West, that staked claim to the top spot with a buyer paying $48 million for the keys to #1819B. The real-estate flip: We all know someone who knows someone who managed to buy at the right moment only to sell it months later for an exorbitant sum. We look at three of NYC's biggest moneymakers in the last three years. One of which comes courtesy of the Winklevoss Twins.   For market trends, the latest real estate listings, and a dissection of one of New York's riskiest investment pursuits, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
June 11, 2014

A Modern Day Noah’s Ark by Architects Austin + Mergold Pops Up at Socrates Sculpture Park

An overturned ark has washed ashore Socrates Sculpture Park. But don't worry, Long Island City isn't the scene of a maritime accident — the upside-down barge is a brand new art installation designed by Philadelphia's Austin + Mergold. Dubbed the SuralArk, the hulking vessel — which spans 50-feet-wide and 18-feet-tall — is the 2014 winner of Folly, Socrates Sculpture Park's annual design competition co-sponsored with the Architectural League of New York. Austin + Mergold beat out 169 other entries from established designers and studios across the country to nab the top honors, giving their ark a summer-long stint at the park.
Get a close-up of the sculpture
June 11, 2014

Is Brooklyn the Shark That Can’t Be Jumped?

My wife and I took the kids to the Barclays Center in early 2013, during the Nets’ inaugural season in Brooklyn. There had been a lot of hype, not only about the Nets but also about the new arena. And there had been a lot of flack about both the Nets and the arena, respectively, as well. But after all the back and forth, over many years, both the stadium and the Nets were part of Brooklyn, and while we had been ambivalent observers during the whole imbroglio, we were anxious to check things out once matters were settled. The arena impressed. Spacious corridors and lots of polished surfaces. Professional and courteous service. We roamed around each level, sampling food and drinks from some of Brooklyn’s finest eateries and breweries. And, of course, a stop at the gift shop was mandatory for the kids to purchase Nets gear which had become the unofficial uniform of Brooklyn’s youth. By the time we sat down in our seats, we were definitely on board with the whole Nets/Barclays thing. The pregame production turned out to be top notch, too: dancers, acrobats, a DJ named TJ, a knight-of-some-sort who shot t-shirts into the crowd, and a super-stylish MC definitely on point, ratcheting the crowd into a pseudo-frenzy (it was only a mid-season game against Atlanta after all). And when the lights dimmed, and the music loomed, it was on for real: through the loud speakers came a familiar voice, smooth and deep, informed by a trademark flow... “Welcome to Brooklyn, y’all...” Oh my good-ness! That’s Jay-Z! “Birthplace of Michael Jordan.”  
Read more of Andrew's story here
June 11, 2014

Chinese Property Company Taps Fortress Investment Group for $165M for the Oosten Williamsburg Condos

Back in 2012, Chinese company Xinyuan Real Estate Co. purchased a $54.2 million, 92,000-square-foot, Kent Ave. site in Williamsburg for its first development in the U.S. — which they said, of course, would be slated for a luxury condo building. Now it looks like their dev team is ready to kick it into high gear and Xinyuan has enlisted the help of Fortress Investment Group in the form of a $165 million loan. An interestingly enough, the project is the beautiful Oosten condo development designed by Dutch architect Piet Boon.
Details and Renderings of Xinyuan's development here
June 11, 2014

Silvershore Investors Attempt a Flip for the Record Books on a Sutton Place Townhouse

Last month, Jason Silverstein and David Shorenstein of Silvershore Properties along with investor Norman P. Rappaport purchased a $7.8 million Sutton Place townhouse. And just like that, they’re flipping it with an asking price of… wait for it… $19.95 million. We’re not sure what rabbit Brown Harris Stevens listing agent Paula Del Nunzio plans to pull out of the hat but achieving a flip that big would be nothing short of spectacular. However, according to her webpage, she already has a few record-breaking sales under her belt.
More photos of the townhouse here
June 11, 2014

Five NYC Firms Named to Van Alen Institute’s International Council of Architecture & Urban Design

The Van Alen Institute has convened its new International Council of architecture, planning, and design leaders in Venice, Italy during the Biennale this month.  The inaugural group represents 13 firms from across more than 17 cities and ten countries.  Five of these Council members have offices in NYC — Allied Works Architecture, BIG (Bjarke Ingels Group), Jan Gehl Architects, Pei Cobb Freed & Partners, and Snohetta.
More details here
June 10, 2014

LOT-EK’s Shipping Container Townhouse Brings a Modern Sustainable Edge to Greenwich Village

At first glance, there's nothing particularly unique about the facade of this white brick townhouse, but take a second look and you'll see that there's more to the building than meets the eye. Upon closer inspection, you'll notice that the protruding bay windows aren't made from ordinary frames, but from sections of stainless steel truck bodies. The recycled windows are a signature of LOT-EK, the studio that owners Lawrence and Alice Weiner hired to re-do their Greenwich Village townhouse. Founded in 1993 by Columbia University grads Ada Tolla and Giuseppe Liganano, the New York and Naples-based firm has become known for its sustainable approach to construction and architecture, namely the use of upcycled steel containers.
More photos of the inside here
June 10, 2014

NYC’s Oldest Buildings: What Are They and Where Are They? Test Your Knowledge

New York has a lot of old buildings. Perhaps surprisingly, many of those buildings are actually houses (yes, like real houses). These remnants of the early Dutch farming days can be spotted throughout the five boroughs, as can churches, apartments and "skyscrapers" from earlier times. We've rounded up some of the city’s oldest structures. Test your knowledge and see how many you're familiar with ahead. And while you're at it, make plans to visit one of these historic landmarks the next time you're out and about.
Your blast from the past this way
June 10, 2014

Your Daily Link Fix: 237 East 34th Street Revealed; Is Junior’s About to Be Replaced?

Tallest Building in Brooklyn to Replace Juniors?: Developers Michael Stern and Joseph Chetrit just bought the parcel of land next to Juniors. Now the Brownstoner is fearing the establishment’s fate. Tribeca Hotel Operator Endures Walk of Shame: Eileen Hickey-Hulme’s landlord claims she turned her rent-stabilized loft into a hotel when she sublet the pad for […]

June 10, 2014

Anne Hathaway Puts DUMBO Clocktower Loft Back on the Market for $4.25 Million

It looks like Anne Hathaway is ready to try selling her DUMBO loft again. We’re not sure why the star would want to part with her gorgeous 2BR/3.5BA unit at 1 Main Street, the site of DUMBO’s Clocktower building. She just purchased the building in February of 2013 and after apparently not even moving in, she was ready to unload the loft by September. According to records, she took the loft off the market in December. But if at first you don’t succeed, try, try again. 6 months after removing the listing from the market, Ms. Hathaway has put 1 Main Street #9B back on the market, this time with Town Residential listing agents Steven Gold and Chris Whelan.
More details about the stunning pad here
June 10, 2014

Light-Filled Greek Revival Townhouse in Brooklyn Heights Finds a Buyer for $6.8M

Brooklyn Heights is one of the city's most coveted neighborhoods, and it's no wonder why. With its beautiful tree-lined streets, historic architecture, and that certain light which seems to bring a calm and peace to the streets, it's managed to draw everyone from best-selling authors to bankers to even Hollywood starlets. The latest and most notable sale for BK nabe is 19 Monroe, which just sold for $6.8 million through a listing held by Yolanda Johnson at Corcoran. The property hit the market back in March for $7.3 million, and while the interiors were admired by many, the ask made more than a few jaw drops. But let's not forget that this is NYC, and it never hurts to be overly ambitious...
Take a peek inside this unique townhouse
June 10, 2014

Quirky Soho Loft With Honey-Comb Skylight Sells for $2.15 Million After 6 Months on the Market

After more than half a year on the market, the Broome Street co-op with an interesting honey-comb skylight has finally sold for $2.155 million. There’s no doubt 428 Broome Street #1R is an interesting unit, even for a building constructed in 1879. The Soho loft has all the tell-tale signs of an older reconstruction with exposed brick walls, 16’ ceilings and an open floor plan - one that features 1,765 square feet of open floor space. However, the cast iron Corinthian columns and the honey-comb skylight give the loft an almost medieval vibe. The result is an interesting contrast to Soho’s typical industrial architecture.
More inside this interesting loft this way
June 10, 2014

Philip Johnson-Designed Sony Building to Get 96 Luxury Condos by Chetrit Group

The Philip Johnson-designed Sony Tower at 550 Madison Avenue, one of the most notable postmodern office towers in New York City, is set to be partially converted to high-end condos, as states planes filed by developer Chetrit Group.  It's not known which of the building's 37 floors the residential units will occupy, but Chetrit, led by Joseph Chetrit, has said in the past that it will convert the upper floors and either keep the lower floors as offices or turn them into a luxury hotel. Construction likely won't begin for at least one to two years since Sony still leases office space.  When the developer purchased the building from Sony in 2013 for $1.1 billion at auction, Sony committed to remaining in the offices for around three years until moving to a new space near Madison Square.  Chetrit outbid 21 rivals and paid $685 million more for the building than Sony did in 2002.
Find out more about the development here
June 10, 2014

“Limited Edition” Penthouse in the Ultra Posh Puck Building Closes for $28 Million

And it's official: After going into contract December of last year, Penthouse IV in the illustrious Puck Penthouses at 295 Lafayette has closed for $28 million, according to city records filed yesterday afternoon. The penthouse is the second largest in the penthouse-only building (there are six overall), with more than 5,900 square feet of space, 3BR/5.5BA, and a whopping 2,000 square feet of terraces overlooking a garden. Four of the Puck's five other penthouses have yet to be listed, but they are anticipated to sell for between $21 million and $60 million. The Puck is one of burgeoning real estate tycoon Jared Kushner's many luxury residential undertakings, and this particular project transforms the interior of a landmarked building into what the Puck official site has dubbed as "limited edition" properties.
Images of the puck penthouses this way
June 9, 2014

Infamous Greenwich Village Townhouse with an Explosive Past (and Funny Facade) to be Reconstructed by New Owner

At a glance, the quirky notched and jutting façade of the townhouse at 18 West 11th Street in Greenwich Village seems to be the only remarkable thing about the building. But dig a little deeper and the address’s rich history tells the tale of a city brimming with wealth and culture – and once even something a bit sinister. Justin Korsant of Long Light Capital recently purchased the home for $9.25 million and has plans to reconstruct it. But will the renovation of this building wipe out its incredible past?
Learn about this townhouse's unique history and new future
June 9, 2014

Moby Sells Off His ‘Tiny’ But Charming Mott Street Penthouse for a Cool $2 Million

Electronic music maker Moby has just sold off his "tiny" penthouse at 262 Mott Street in Nolita. Moby bought the home for a mere $215,750 back in 1996 and managed to make quite a bit of money with the recent sale, turning a profit of about $1.5 million after taxes (we guess the artist is now eating crow). The 950-square-foot, 1BR/1BA home is covered with large vaulted skylights and also boasts exposed brick walls, a sleeper mezzanine loft and a private 875-square-foot garden terrace. The listing was held by Corcoran's Julie Pham.
Check out the interiors here

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