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Cool Listings, Interiors, Noho

Charming Nikolai Katz-Designed Noho Loft Asks $5 Million

By Aisha Carter, Tue, October 21, 2014

  • By Aisha Carter
  • , October 21, 2014

An adorable two-bedroom renovated loft, designed by Nikolai Katz, has just popped up on the market, asking $4.895 million. The 2,200-square-foot pad is basically the best of all worlds, with original details and modern updates, and a prime Noho location.

There are actually a few proposed options for this flexible floor plan. Each one makes the most of the natural light provided from the home’s oversized, northern and southern-facing windows. An open living space showcases many of the loft’s original details, such as exposed brick walls, 10-foot ceilings, exposed beams and a cast-iron column.

Take a look inside, here

Featured Story

Features, Historic Homes, Quirky Homes

  • By Michelle Cohen
  • , October 20, 2014

It isn’t unusual to see old warehouses, churches and banks converted into luxury multi-unit condos and apartments. But far more rare, and often shrouded in myth and mystery, are one-of-a-kind buildings that had former lives as banks, schools, a synagogue, a public bath house, a Con Ed substation, even a public restroom and a hillside cave–and have more recently served as home and workspace for a lucky handful of bohemian dreamers (and hard-working homeowners).

Find out who lives behind the gates of those those cavernous, mysterious buildings

Green Design, Greenpoint, Landscape Architecture

  • By Rebecca Paul
  • , October 20, 2014

Renderings for the waterfront park to be built alongside the massive housing development Greenpoint Landing have been released. Flooding from Hurricane Sandy ravaged the area only a few years back, so it comes as no surprise that the local community was concerned with how the developers were going to address the possibility of damaging storm swells in the future. Despite their concerns the park’s designer James Corner Field Operations has used intelligent design and beautiful landscaping to enhance the structural integrity and aesthetic appeal of the existing riverfront.

Read more

Brooklyn, real estate trends

  • By Diane Pham
  • , October 20, 2014

In the face of financial pressures, dozens of churches across Brooklyn are looking sell of their holy land in hopes of banking on the conversion trend that’s taken the city by storm. According to DNA Info, more than 50 Brooklyn clergy members are looking to develop their land and air rights to offer more affordable housing and other community services.

Hundreds of religious leaders attended a recent meeting hosted by Borough President Eric Adams detailing how they could raise money as their shrinking congregations give way to fundraising and budgetary constraints.

“You are land-rich but cash-poor. The largest amount of housing potential in Brooklyn lies with you,” Reverend Gilford Monrose, director of the Borough President’s faith-based initiatives, said at the event.

Find out more

Real Estate Wire

  • Forest City Enterprises is putting its 55% stake in Barclays up for sale. [Brooklyn Eagle]
  • The Department of City Planning certified a five-block rezoning application today for a stretch of Vanderbilt Avenue near Grand Central Terminal that includes SL Green’s One Vanderbilt tower. [CO]
  • Mayor Bill de Blasio has rejected JPMorgan Chase’s request for $1B in tax incentives to keep its headquarters in New York. However, he hasn’t ruled out offering some tax breaks. [Crain’s]
  • Thor Equities has purchased two Williamsburg properties for approximately $17.8 million and is planning to turn the site into a 10,000-square-foot retail development. [CO]

Images: Barclay’s (left); One Vanderbilt (right)

Design, Products

  • By Rebecca Paul
  • , October 20, 2014

Life can sometimes be hectic, and when you live in a city that never sleeps it can be exhausting. This is why we are head-over-heels excited about the Ostrich Pillow Mini, a new personal power nap pillow from Studio Banana by Kawamura Ganjavian. Weather you’re on the subway or in a cubicle, this little bundle of joy was designed to be taken on the go, arming you for any mid-day napping location.

More on the design here

Architecture, Green Design, Upstate

  • By Ana Lisa Alperovich
  • , October 20, 2014

Former advertising copywriter and self-taught designer Tom Givone took on the difficult job of resuscitating a 200-year-old homestead nestled on the edge of the Catskill Mountains. The stunning Floating Farmhouse is the result of four years of experimentation with materials, a great location, and Givone’s magnificent taste and historically sensitive restoration. A perfect mix between the old and the very new, this stunning glazed home features a cantilevered porch that makes the farmhouse ‘float’ and reflect itself on the tranquil waters of a creek.

Learn more about this stunning floating home

Architecture, Brooklyn, Green Design, Park Slope

  • By Stephanie Hoina
  • , October 20, 2014

When this Park Slope brownstone was first built in 1899 we’re pretty sure energy efficient design wasn’t a guiding factor in its construction. But over 100 years later an award-winning Passive House retrofit by FABRICA 718 has turned this classic residence into one that consumes approximately 90% less heat energy than the average home and 75% less energy overall.

See what consuming 90% less heat energy looks like

Daily Link Fix

  • “If you see something, do something” takes on a new meaning. The city is launching a subway ad campaign encouraging New Yorkers to do more volunteer work, according to the Daily News.
  • Scouting New York maps out locations of famous NYC sitcoms.
  • In the 19th century, the city had a system of bells to alert officials of fires. Christopher Gray dives into the history in his Streetscapes column in the Times.
  • Business Insider takes a tour of the Gowanus office of the startup Farmigo, and it looks like a giant jungle gym for adults.
  • Hmmm…apparently there’s some scientific reasoning behind why we can’t ever seem to get a cab when it’s pouring out. More on CityLab.

Images: Volunteer ad, via NYC Service (L); Hailing a taxi in the rain via FLYJughead via photopin cc

Policy

  • By Dana Schulz
  • , October 20, 2014

Following Superstorm Sandy, FEMA (Federal Emergency Management Agency) updated its flood-zone maps for the first time since 1983, more than doubling the included buildings to 70,000. Therefore, many more property owners are facing the decision of whether to stormproof their homes or pay up for insurance premiums that would go up as much as 18%. But going with the former choice is not as easy as one may think.

FEMA guidelines don’t take into account the unique makeup of New York City with its rowhouses and high-rises, so to comply with the current regulations it would cost the city more than $5 billion, according to studies produces by Crain’s. Those who would be absorbing the costs include middle-class homeowners; NYCHA, which owns more than 25% of rental units in the flood zone ;and owners of large apartment towers, which account for 61% of the 5.5 million properties in FEMA’s National Flood Insurance Program. All of these entities must follow the same guidelines as the plan is laid out now, but the city and a group of nonprofits are asking the agency to make changes to the insurance program.

More about the issue ahead

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