Get your art fix in Times Square for Midnight Moment or head to Randalls Island for the third rendition of Frieze Art Fair, browse the latest in cutting edge design at Collective Design Fair, explore Jersey City with Mana Contemporary’s massive open house or get outside and check out the latest installation at Socrates Sculpture Park. It’s going to be a great week!
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It’s a great market for townhomes. 54 East 64th Street has been sold to designer Reed Krakoff and his wife Delphine for $28 million.
This news is especially remarkable considering the townhouse’s history. Formerly a Kips Bay Decorator Show House and a one-time home of the New York Observer, this Upper East Side gem was transformed into a luxurious home when it was purchased by real estate investor David Quinlan for $18.74 million back in 2005.
After failing to turn the hefty profit he was hoping for, Quinlan sold the townhouse for $20 million in 2011. Last year it was placed back on the market for $20 million; however, broker Dolly Lenz changed that, upping the asking price to $28 million. They don’t call her a superbroker for nothing.
Sitting 60 stories above one of the most desired streets in Manhattan, this 2BR/2.5 bath residence at 400 Fifth Avenue bestows breathtaking panoramic views from just about every room. Every detail, from the hardwood black oak flooring throughout to the ample closet space, ensures no matter where you are in this gracious home, life is better simply by being there. In fact, the residences at 500 Fifth are so beautiful the building even has its own coffee table book, 500 Fifth Avenue: A New Gwathmey Siegel Landmark, coming out this fall!
After years of failed attempts by developers, GFI Capital Resources Group is accomplishing what some thought was impossible: They are converting 5 Beekman Street – along with its empty next-door neighbor 115 Nassau Street – into a hotel and condo.
The landmark building was one of New York’s original skyscrapers, once towering nine stories. Its distinctive architecture boasts the famous Temple Court, an interior atrium punctuated by a skylight in the shape of a pyramid. It is surrounding this very feature that 287 hotel rooms will be constructed.
Amoeba, organ, extraterrestrial creature — take your pick; this transportation hub dubbed the Urban Alloy Towers is quite interestingly shaped. The creation of Chad Kellogg and Matt Bowles of AMLGM, the structure is proposed for the area around where the LIRR station in Woodside, Queens links to the 7 train.
The idea came from the notion that large-scale housing development is most successful when located near transportation. So, Kellog and Bowles figured they’d put their development “directly on the intersections between surface and elevated train lines,” utilizing the remnant spaces surrounding the train infrastructure. Included in this multi-use structure would be live/work spaces, retail, small offices, both market-rate and luxury residential units, SROs, and a central atrium.
It looks like documentary filmmaker Ken Burns is moving his family into Pritzker Prize winning architect Richard Meier’s On Prospect Park. The Burns family dropped $2.75 million on the home, which is located in one of Brooklyn’s most beautiful (and active) corners — just steps away from Prospect Park, the Brooklyn Botanical Gardens, and the incredible Brooklyn Museum and Public Library.
It’s reported that the Mamma and Papa Burns spend most their time in New Hampshire, so it’s likely that the 2,107-square-foot, 3BR/2.5BA modern abode will become the love nest of his daughter Lily (who was also listed on city records) and her fiance Tony Hernandez, both of whom are producers.
According to the listing held by Warburg Realty, the home features four bedrooms, hardwood floors, three dishwashers, and sunny southern exposures in a turn-of-the-century landmarked town home. From pictures, it looks quite quaint and charming, despite its multi-million dollar locale.
City records show that the politico and former SNL star handed the keys to his UWS digs over to James Stone, a managing director at New Mountain Finance, and Lisa Kiell, international director at Jones Lang La Salle.
After a long stint on the market, designer Derek Lam and his partner Jan-Hendrik Schlottmann are officially parting ways with their Soho loft.
The pair put the two-story, 2,117 square-foot space on the market for $6 million last year, and they came in just a little short of their ask. The loft comes complete with a second story devoted entirely to the master suite, huge windows, and translucent panels that allow the home’s inhabitants to reconfigure the kitchen and living room spaces as need be. They purchased the 3 BR/3 BA Mercer Greene apartment back in 2011 for $4.65 million. Another fun fact: Rihanna also once lived in the building.
The Pritzker Architecture Prize is architecture’s most acclaimed honor. Since 1979, the award has been given away annually to honor one living architect whose built work demonstrates consistent and significant contributions to humanity and the built environment. New York City is home to structures built by 12 of the 36 past winners — ranging from Philip Johnson to I.M. Pei to this year’s winner, Shigeru Ban — and currently holds 14 residential examples of their work. One other fascinating tidbit is that condos designed by Pritzker Prize winning architects are selling on average a whopping 44% higher (price/square foot) than those their respective neighborhoods, and 47.5% higher than the Manhattan market average. But are they worth the money? Learn more about them all ahead.
The spacious, sun-filled loft is situated in a boutique, prewar, six-story co-op at the corner of Crosby and Grand Streets. The hip locale perfectly suits Clemente and Thompson’s M.O. — the duo have been featured in all the coolest mags and sites, from Purple to W magazine to Opening Ceremony. Clemente has even worked with legendary photographer Bruce Weber.