Search Results for: -fifth avenue

The construction of Property Markets Group and JDS Development’s 1,421-foot-tall tower at 111 West 57th Street has been the subject of much anticipation and excitement, as it's slated to be among the tallest residential skyscrapers anywhere and the world's most slender with a height-to-width ratio of 24:1. But after rising only 20 stories, the SHoP Architects-designed Billionaires' Row addition has stalled, plagued with budget overruns and headed for foreclosure, the New York Post reports.
What could possibly have happened?

Photo via Wiki Commons

July 26, 2017

The history behind how Great Jones Street got its name

After 34 years of serving giant Cajun-Creole portions alongside obscure jukebox music, Great Jones Cafe is closing its doors for good tonight. The notorious Noho bar at 54 Great Jones Street opened in 1983 when the block was so empty patrons used be able to play whiffle ball in the street, but its closure serves as a reminder of the history of Great Jones Street. This superlative name dates way back to 1789 when politician Samuel Jones donated land to the city under the terms that they name any street within the property after him. But there was one little issue....
Where did the street name come from?

History

July 25, 2017

Manhattan’s first-ever water park is coming to the Upper East Side—and it looks like a giant dishwasher!

By Dana Schulz

For three Saturdays in August, nearly seven miles of NYC thoroughfares, from the Brooklyn Bridge to Central Park, will be closed to traffic as part of the city’s annual Summer Streets program. And this year's event has some pretty adventurous offerings, including a 270-foot waterslide, rock-climbing wall, and a 165-foot-long zipline. Guests will also get to visit Manhattan's first-ever water park on the Upper East Side, courtesy of LG Electronics. The giant inflatable park, called LG QuadWash™ Water Park, will measure 30-feet wide by 50-feet long and it's designed to look like both the interior and exterior of LG's new dishwashers, including cutlery-shaped slides, jet stream sprinklers, and "3rd rack" monkey bars.
Learn how you’ll be able to play in a giant dishwasher

Events & Things To Do

July 25, 2017

$350K UES studio designed in the ’80s by Adam Tihany resembles a luxury train car

A quirky studio designed by the interior designer Adam Tihany, praised as one of the greatest American interior architects by the New York Times, has hit the market for $350,000. The design has essentially remained unchanged since the apartment was featured in an early 1980s issue of Metropolitan Home, which compared the design to that of a luxury train car. According to the listing, this modest interior, packed with inventive storage, is an early example of Tihany's world renowned hotel work (some of his commissions include the Mandarin Oriental in Vegas, the Beverly Hills Hotel, and two Four Seasons in Dubai). It's located in the 16-unit Upper East Side co-op 223 East 78th Street, which has one more studio for sale asking $315,000.
Check it all out

Distinctive Homes

July 25, 2017

REVEALED: Tishman Speyer’s Long Island City office development boasts food hall and rooftop park

Long Island City, New York City’s fastest growing neighborhood, shows no signs of slowing down. Following the completion of Jackson Park, the residential phase of Tishman Speyer Properties’ massive Gotham Center development, renderings have been revealed for their creative office space across the street at 28-01 Jackson Avenue. As CityRealty learned, the development, called the JACX, consists of two identical towers that will include over 40,000 square feet of retail space, with a gourmet market, food hall, dining, and boutique fitness centers, as well as a one-acre rooftop terrace.
See inside

July 25, 2017

Sunny Park Slope sublet asks $4,750/month, co-op board approval not required

This quintessentially lovely Park Slope apartment on the parlor floor of a gorgeous historic townhouse at 369 Sixth Avenue is available for sublet without co-op board approval, which may just set the stage for the easy life in this sunny Brooklyn home. An in-unit washer-dryer, a nice big bay window, a recent renovation and a tree-lined street add to the idyllic picture.
Take a look

July 24, 2017

De Blasio urges Cuomo to ‘take responsibility’ for MTA

The ongoing public debate over whether the state or city controls the subway continued this weekend when Mayor de Blasio, riding a Manhattan-bound F train on Sunday, demanded Governor Cuomo “take responsibility” over the Metropolitan Transportation Authority. The mayor’s comments come after Cuomo and Joseph Lhota, the recently appointed chairman of the MTA, called on de Blasio and the city last week to contribute more money to the authority for repair work. As the New York Times reported, de Blasio said the MTA has a lot of money that they’re not spending, including the $2.5 billion contributed by the city in 2015, to the MTA's 2015-2019 capital plan.
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July 22, 2017

Pre-war condo asks $450K in Ditmas Park, a nabe better known for freestanding homes

The Brooklyn neighborhood of Ditmas Park has made a name for itself because of the freestanding Victorian homes lining its suburban-like streets, but here's a two-bedroom, pre-war condo up for sale in the 'nabe, what the listing calls "truly a rare find" for the area. It's asking $450,000 at 2108 Dorchester Road, a 1912 building with 48 units. Inside, high ceilings and three exposures make for a cheery, bright apartment.
The apartment also boasts an open layout

July 21, 2017

In Williamsburg, an 1800s brick townhouse built for dockworkers asks $2M

This Williamsburg property comes from a row of townhomes along North 9th Street originally built in the 1870s for dockworkers. Those days are long gone, and the three-bedroom home is now asking $1.995 million. The interior, admittedly, isn't stunning--as the listing says, you'll need to "bring your architect and/or designer to realize this property's full potential." But the house does come with a prime 'burg location, air rights to build an addition, and a wonderfully deep, lush backyard garden.
You have to see this green space

Distinctive Homes

Nearly complete tunnels under Hudson Yards need more funding to finish

Photo of Hudson Yards Amtrak tunnel encasement via Tutor Perini

July 21, 2017

Nearly complete tunnels under Hudson Yards need more funding to finish

Currently, the first part of two box tunnels under the Hudson Yards development, below 10th and 11th Avenues on Manhattan’s west side, sits mostly finished. While construction of the final piece has yet to begin, when it’s complete the remaining section would link the tubes to the proposed new tunnel under the Hudson River, providing better access to Penn Station. However, according to the New York Times, both tunnel projects, which fall under the multi-billion dollar Gateway Program, lack the funding needed to finish.
More details here

July 20, 2017

eBay exec’s madly mod and colorful Chelsea pad asks $2.2M

eBay executive and Fab.com shopping site founder Bradford Shellhammer raced back from a vacation weekend to tour the Chelsea home he's now selling for $2.2 million. He's looking for more space that's "more about texture than color," the New York Post reports. In the years he's been a resident at 575 Sixth Avenue, Shellhammer has transformed the Chelsea loft into a Memphis-style-meets-mid-century-modern masterpiece in sherbet hues, complete with art by Andy Warhol and Keith Haring. Refinery29 once called the home “The Most Colorful Apartment We’ve EVER seen.”
Have a look

Distinctive Homes

July 20, 2017

Colorful Pop art-filled East Village townhouse designed by Annabelle Selldorf asks $7.5M

The neighborhood is known for its tiny, cramped apartments, so living in an East Village townhouse already seems impossibly fortunate. But this four-story, 5,200-square-foot townhouse at 26 East 5th Street has the extra bragging rights to a top-to-toe renovation by starchitect Annabelle Selldorf. Built in 1900, this single-family home uses a 35-foot deep extension to add light and square footage, and the current residents have packed those square feet with a colorful Pop art collection and perfectly imperfect details. Minus the art, it's asking $7.5 million.
Take the tour

Distinctive Homes

July 19, 2017

The history of Fort George: Manhattan’s long-lost amusement park in Inwood

Did you know Washington Heights and Inwood used to be home to a giant amusement park? In 1895, the Fort George Amusement Park opened on Amsterdam Avenue between 190th and 192nd Streets, overlooking the Harlem River in what is now Highbridge Park. Located in the same spot as George Washington’s fight against the British, "Harlem’s Coney Island" rivaled Brooklyn’s Coney Island with roller coasters, Ferris wheels, a skating rink, fortune tellers, music halls, casinos, and hotels.
Learn more about the Fort George Amusement Park

History

July 19, 2017

New York State gets approved for $550M loan for new Moynihan Station

The first phase of Governor Cuomo’s plan to revamp Penn Station wrapped up last month with two new entrances opening on the corners of West 31st and West 33rd Streets and Eighth Avenue. Plus, the West End Concourse was expanded and now boasts a new color scheme, LED screens and murals. Adding to the project's progress, the state was approved for a federal loan on Tuesday for up to $550 million for the second phase of the plan, which will convert the Farley Post Office across the street into Moynihan Train Hall, expanding Penn Station floor space by 50 percent, as reported by Politico NY.
Find out more

July 18, 2017

$2,500/month Soho studio fits a lot of storage and charm into 200 square feet

The Soho cooperative 57 Thompson Street is full of apartments we like: like this cozy one bedroom asking $730,000 last year, or this dreamy two bedroom that was up for rent, or this straightforward one bedroom asking $625,000 last fall. Next up is the studio apartment #5F, now on the rental market for $2,500 a month. Located on a high floor of the six-story brick building, it's a bright, renovated space with pretty pre-war details intact and a good amount of storage for just over 200 square feet.
The bedroom nook is beyond cozy

Distinctive Homes

July 17, 2017

A former Wells Fargo horse stable in Jersey City gets converted into a modern plywood loft

Located in the historic 1890 Wells Fargo building, the Wells Fargo Loft was originally used for the company’s horses and city carts. The loft, located at 299 Pavonia Avenue in Jersey City, was redesigned over the last few decades, but most recently by Jeff Jordan Architects in 2016 (h/t Architizer), who took full advantage of the ceiling heights ranging from 14 to 50 feet and amazing NYC views. To create a better live-work balance, the architects removed and reconfigured walls for a clearer separation between art studio and living spaces by using plywood and ample storage space.
See inside the unique loft

Photo via Wiki Commons

July 17, 2017

Hess Triangle is NYC’s smallest piece of private land

By Dana Schulz

If you've ever walked by the busy intersection of 7th Avenue South and Christopher Street, you've likely seen people snapping photos of the iconic corner-facing Village Cigars, but what you probably didn't realize is that they were standing on top of New York City's smallest piece of private land. The Hess Triangle sits on the sidewalk at the southwest corner of this Greenwich Village crossing, a small concrete slab with an embedded mosaic that reads "Property of the Hess Estate Which Has Never Been Dedicated For Public Purposes."
Find out the story behind this cryptic message and one of the city's best historic remnants

History

July 17, 2017

Live in a studio across from the Brooklyn Navy Yard for $947/month

The Navy Green R3 in Fort Greene includes townhouses and condominiums located directly across the street from the bustling Brooklyn Navy Yard. New Yorkers earning between $34,355 and $40,080 annually can apply to enter the waitlist for $947/month studios in the complex's 45 Clermont Avenue. The eight-story building includes spacious units with high-end finishes, as well as amenities like a community room, bike storage, and large outdoor space.
Find out if you qualify

Affordable Housing

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): The Ventura, 90 West, Jackson Park and The Parkside

July 14, 2017

FREE RENT: This week’s roundup of NYC rental news

By Emrys Fitzgerald

One of New York’s First Skyscrapers is Now Rentals, and Leases Come with 1 Month Free [link] Watermark LIC: More Long Island City Rentals to Begin Leasing this Summer, Register Now [link] Brand New Bed-Stuy Rentals from $2,000/Month; Duplexes Available [link] One Hudson Yards Readies for Summer Leasing; Rentals to Start from $5,095/Month [link] New […]

Real Estate Trends

On this day in 1645, a freed slave became the first non-Native settler to own land in Greenwich Village

Plan of New York map courtesy of Curriculum Concepts International

July 14, 2017

On this day in 1645, a freed slave became the first non-Native settler to own land in Greenwich Village

In 1626, the Dutch West India Company imported 11 African slaves to New Amsterdam, beginning New York’s 200 year-period of slavery. One man in this group, Paolo d’Angola, would become the city’s first non-Native settler of Greenwich Village. As the Greenwich Village Society for Historic Preservation (GVSHP) discovered, and added to their Civil Rights and Social Justice Map, as a recently freed slave, d’Angola was granted land around today’s Washington Square Park for a farm. While this seems like a generous gesture from a slave owner, d’Angola’s land actually served as an intermediary spot between the European colonists and the American Indians, who sometimes raided settlements. This area, in addition to Chinatown, Little Italy, and SoHo, was known as the “Land of the Blacks.”
Find out more

History

The city added 24,293 affordable housing units this fiscal year, the most since 1989

Image via Pixbay

July 14, 2017

The city added 24,293 affordable housing units this fiscal year, the most since 1989

Image via Pixbay After more than three years into Mayor de Blasio’s $41 billion, 10-year affordable housing initiative, the city announced on Thursday that 24,293 affordable apartments and homes were secured in Fiscal Year 2017. Out of those units, 40 percent were for families earning less than $43,000 a year, with more than 4,014 homes for families of three earning less than $26,000 a year. According to city officials, the mayor’s Housing New York initiative aims to help an estimated half of a million people afford to live in New York City. Despite these promising numbers, the plan still fails New Yorkers with extremely low-income, by making their affordability benchmarks too high.
Find out more

July 13, 2017

Sunny co-op with lots of exposed brick asks $510K in Prospect Heights