Search Results for: -fifth avenue

May 12, 2016

Art Nerd New York’s Top Event Picks for the Week – 5/12-5/18

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! Design week is here, with enough trade-show events to make your head spin. Not to miss is the massive ICFF and Dwell on Design, two places to hit for the absolute latest and greatest in contemporary design. Take advantage of the nice weather and enjoy a cocktail al fresco while viewing the new Ivan Argote sculpture at the Standard High Line, or head out to Sunset Park and meander through the massive Industry City's open studios. The Judd Foundation creates a dialogue with James Rosenquist's work, and Swizz Beats' ex puts on her curatorial hat for an all-female show at Joseph Gross Gallery. Visit LA artist Marc Horowitz's New York debut at Johannes Vogt, and discover your inner adventurist in a one-night pop up by NY Adventure Club, featuring their members' death-defying photos of our beloved city.
More on all the best events this way

Events & Things To Do

May 12, 2016

Leasing Begins at Downtown Brooklyn’s One Duffield, No-Fee Units Begin at $2,400/Month

By Ondel Hylton

Within the human-scaled oasis between the Manhattan Bridge and the BQE, a 57,000-square-foot church conversion has wrapped up construction, releasing 84 brand-new no-fee rental apartments to the Downtown Brooklyn market. Named One Duffield, for its address at the corner of Gold and Duffield streets, the five-story building uses some of the structural bones of a prior two-story church and completely re-imagines its aesthetic into a varied composition of brown and orange brick, metal siding, and large square windows. Nataliya Donskoy of ND Architecture and Design P.C. is the designer of the building and "The Bridge Building LLC" is listed as the developer in permits.
Get pricing and see inside

May 11, 2016

Behind This $1.25M Greenpoint Duplex Is a Barefoot Backyard Paradise

By Michelle Cohen

You're thinking of living in Greenpoint; you've fallen in love with the neighborhood. If the magical words, "two bedrooms plus office," and "outdoor space" don't get you to investigate further, you're not trying hard enough to make it happen. This nicely-outfitted duplex at 687 Leonard Street in the heart of north Brooklyn's waterfront paradise may not turn heads from the outside, but there are some pleasant surprises within.
Have a look

Distinctive Homes

May 11, 2016

The ‘One57 of Assisted Living’ Will Charge Seniors $20,000 a Month

By Dana Schulz

Luxury isn't exactly the word that comes to mind when one thinks of a T.G.I. Friday's, or an assisted living development for that matter, but the chain restaurant's midtown location will soon yield the "One57 of Assisted Living." Bloomberg reports that Welltower Inc., the country's largest senior-housing owner by market value, teamed up with developer Hines (who is also behind the nearby MoMA Tower) to purchase the site at 56th Street and Lexington Avenue, just a few short blocks from Billionaires' Row and the prestige of Park Avenue, where they'll build a 15-story tower "to accommodate wealthy Manhattanites in need of assisted-living and memory-care services." And wealthy is not an understatement -- monthly rents will start at $20,000, and keep in mind that this isn't covered by insurance.
More details ahead

New Developments

May 11, 2016

Clinton Hill Mansion Designed by Iconic Brooklyn Architect Hits the Market for $3.85 Million

By Emily Nonko

Once upon a time, Clinton Hill was a neighborhood of mansions designed by some of Brooklyn's most prominent architects. Many have since been demolished and replaced with either townhouses or apartment buildings. But this one at 186 Clinton Avenue still stands, on a stretch that was known as the neighborhood's "mansion row." Montrose Morris, a prolific Brooklyn architect, designed it in 1891 for William H. Beard, the son of the third wealthiest man in Brooklyn, William Beard, Sr. It's so massive it's been divided into several apartments—the property being offered is only one-half of the mansion, which holds eight units.
Take a look

May 10, 2016

Housing Lottery Kicks Off For 140 New Apartments in the Bronx, Starting at $788

By Ondel Hylton

The Bronx is the state's fastest growing county, and its development boom continues to add hundreds of units to the city's depleted affordable housing stock. Now today, an affordable housing lottery has officially kicked off at 655 Morris Avenue that will bring 140 below-market rate units to the revitalized Melrose/Concourse Village section of the borough. Rising 15 stories from a long-vacant lot, the 217,579-square-foot development will contain a mix of apartment sizes: seven studios are priced from $788 per month; 62 one-bedrooms from $847; 65 two-bedrooms from $1,025; and 6 three-bedroom units from $1,182. The apartments are created through the city's LAMP program and are able to be rented out at affordable rents because of the low-cost financing offered to the developers. The program is reserved for households earning 60 percent of the annual median income (AMI) of the NYC region, therefore individuals can have a maximum income of $38,100 and households of six up to $105,600.
See if you qualify

Affordable Housing

The History of Herald Square: From Newspaper Headquarters to Retail Corridor

Image via Library of Congress

May 10, 2016

The History of Herald Square: From Newspaper Headquarters to Retail Corridor

By Michelle Young

Herald Square is today known for many things. There's the flagship Macy's department store and the pedestrianized part of Broadway that extends to Times Square. And it serves as an epicenter of the retail corridor that now runs from 5th Avenue to 7th Avenue. Some may remember the song, "Give My Regards to Broadway," from the George M. Cohan musical "Little Johnny Jones"with the iconic line, "Remember me to Herald Square." But written in 1904, "Give My Regards to Broadway" references a very different Herald Square than the one we're familiar with today.
Learn about the evolution of Herald Square here

May 10, 2016

First Mansion Donald Trump Ever Owned Now Selling for $45M

By Dana Schulz

When Donald Trump was rising up in the real estate ranks in the early '80s (and when he was still a Democrat), he and then-wife Ivana were looking for their first "trophy mansion." In 1982, they found it in this 5.8-acre Greenwich, Connecticut estate, paying $4 million for the home on its own peninsula. At the time, Trump was busy refurbishing the Plaza Hotel, so he and Ivana infused their new home with the same ornate style of gold leaf, massive chandeliers, and moldings galore. When the couple divorced in 1991, Ivana got the mansion (among many other properties and cash), but she sold it seven years later for $15 million to owners who made the property even more opulent, adding an indoor lap pool, sauna, tennis courts, and a 4,000-square-foot guest suite addition. These owners listed the property back in January for $54 million, but it's now gotten a price chop to $45 million, according to Top Ten Real Estate News.
Live like the Donald

May 9, 2016

Rafael Viñoly Admits 432 Park ‘Has a Couple of Screw-Ups’

By Dana Schulz

432 Park Avenue is the supertall that New Yorkers love to hate. From calling it the "oligarch's erection" to spilling the beans about cracks in its facade, critics of the tallest residential building in the western hemisphere are quick to try to bring the tower down from its 1,400-foot pedestal. And strangely, its very own architect is the latest jump on the bandwagon. The Post reports that Rafael Viñoly admitted at a Douglas Elliman talk last week that his creation "has a couple of screw-ups," namely the window framing, which he blames on developer Harry Macklowe, and the tiny issue of "the interior design and layout." (And The Real Deal has an entire roundup of zingers he delivered during the talk.)
Find out more this way

Architecture And Design

May 7, 2016

Leasing Begins at Neo-Brutalist Rental Tower in Midtown East

By Ondel Hylton

Leasing has begun at Midtown East's newest rental building at 235 East 44th Street. Developed by CMSJ Development, the 70,000-square-foot, ground-up building contains 67 units across its 19 floors. For current availabilities, monthly prices start at $3,300 for studios, $4,500 for one-bedrooms, $6,105 for two-bedrooms, and $8,100 for three-bedrooms. Designed by Gerner Kronick + Valcarcel Architects, it's is situated mid-block along a dense urban canyon just two blocks east of Grand Central Terminal and one block west of the United Nations. Its street-facing exterior is finished in GKV's trademark aesthetic of exposed cast-in-place concrete, reminiscent of the Brutalist movement of the 1950s and '60s. The tower's glass walls and concrete floor slabs undulate in opposite directions, softening the raw materials and adding fluidity to the building's form.
Interior apartment details this way

May 6, 2016

L Train Shutdown: MTA Will Decide in Three Months Which Way to Make Riders Suffer

By Michelle Cohen

The MTA announced at a town hall meeting Thursday night that they would "decide in the next three months at most" on the final details for the planned Canarsie Tunnel work to repair damage caused by Hurricane Sandy that would halt L train service west of Bedford Avenue, according to DNAinfo. The agency is considering two options: shutting down service for that portion of the line completely for 18 months, or having partial service that would give only "one in five passengers service to Manhattan" (or 20 percent of current service) and last up to three years.
Find out more about your hellish subway-less nightmare choices

Transit

May 6, 2016

Spotlight: Alex Gregg Is the Upper East Side’s Go-To Comic Book and Sports Card Guy

By Susan Cohen

At a time when Batman and Captain America are all over the big screens and sports culture is becoming increasingly digital, one might think superheroes' and athletes' presence on paper is waning. But collecting cards and comics is alive and well in Yorkville, where Alex's MVP Cards and Comics has everything an X-Men-, Archie-, or sport-loving aficionado could want. Alex Gregg first opened a store on the Upper East Side 27 years ago. The business grew out of his own personal collection and interest and is now the place to locate that latest rookie card, newest comic, or buy a piece of memorabilia. Alex certainly knows a great deal about history - particularly New York history - having worked for 22 years as a bartender at the famed (and now closed) establishment Elaine’s. 6sqft recently spoke with Alex about how cards and comics have both changed and remained the same and about his days at Elaine’s.
Read the interview with Alex

May 5, 2016

Live in Extell’s Hudson Yards Skyscraper 555Ten for $910/Month

By Ondel Hylton

Last September, 6sqft reported the topping out of Extell Development's 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building's 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms. Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.
Find out if you qualify here

Norman Foster Still in the Running to Design 2 World Trade Center

Foster’s original design

May 5, 2016

Norman Foster Still in the Running to Design 2 World Trade Center

By Diane Pham

Nearly one year ago it was revealed that starchitect Bjarke Ingels would be taking over the design of 2 World Trade Center from Norman Foster as developer Silverstein Properties was in talks with Fox and News Corp. to make the tower their new headquarters. However, plans fell through in January when the media companies opted to remain at their Midtown headquarters at 1211 and 1185 Sixth Avenue. Now without a tenant and two different designs in hand, Chairman Larry Silverstein is said to be weighing both options. “[The top of] Two was a distinguishing feature of Norman Foster’s design,” Silverstein told The Post. “Opposed to what Bjarke Ingels proposed. We can go in either direction. Which way, we are not sure yet.” But he did add that they were leaning towards Ingels' design in discussions being had with prospective anchor tenants, which include BlackRock and JPMorganChase.
Find out more here

Architecture And Design

May 5, 2016

Art Nerd New York’s Top Event Picks for the Week – 5/4-5/11

By Lori Zimmer

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! Another week of art fairs is upon us, with Frieze New York taking the lead (and the advantage of warmer weather). Spend the weekend hopping between Frieze, NADA, CONTEXT, Art New York and 1:54 Contemporary African Art Fairs, and their many, many affiliated events. If the whole ordeal is just too much for you, no worries. Marina Abramovic's former lover and partner ULAY will perform in New York for the first time since 1986, Martin Creed's giant neon sculpture will illuminate Brooklyn Bridge Park for the Public Art Fund, and Duke Riley will entice Creative Time fans with a flock of LED equipped pigeons that will fly over the East River in a special performance.
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Events & Things To Do

May 4, 2016

East River Skyway Proposal Gains Steam, Would Only Cost Riders $25/Month

By Dana Schulz

With public meetings about the impending L train shutdown beginning this week, much of the conversation is centered around alternate ways to shuttle people between downtown Manhattan and Brooklyn. One solution is the East River Skyway, an aerial gondola system that would run along the Brooklyn waterfront and into Manhattan, bringing commuters over the river in just 3.5 minutes. The proposal from Dan Levy, president and CEO of CityRealty*, first surfaced in 2014, then referencing the Brooklyn development boom that will bring tens of thousands of new residential units to the borough in the coming years. But now with a possible years-long shutdown of the L, along with skyrocketing subway ridership, the Skyway is drumming up support from investors, DNA Info reports. Levy told 6sqft, "We've completed some preliminary engineering and design work around the cars and the stations and how they could meld with their respective locations — and more broadly the city skyline. Given their high visibility we want to be context sensitive." He also revealed that, although the project would cost up to $134 million (per estimate from engineers), an unlimited monthly pass would cost only $25.
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May 4, 2016

Related Launches Hudson Yards Living Website With New Renderings

By Ondel Hylton

On the heels of the news that Hudson Yards will add $18.9 billion to the city's GDP and the reconfirmation that the developers will build an iconic $200 million sculpture at the center of the plan's plaza, Related quietly launched a new Hudson Yards Living website, providing general information for prospective residents and a few new images of the $20 billion master plan.
More details and renderings this way

May 4, 2016

Affordable Luxury Hits the Upper East Side Market at 389 East 89th Street

By Ondel Hylton

At First Avenue and 89th Street on the Upper East Side, 31 floors of spacious, light-filled homes have been reintroduced to the market. In a building previously known as the Post Toscana, 199 rental apartments have been upgraded and enlarged into 156 one- to three-bedroom residences fashioned by acclaimed interior designer Paris Forino. Now dubbed 389 E 89, the tower is the latest in a flurry of top-shelf rental buildings re-branded as affordable condos with high-end finishes.
All the info ahead

May 3, 2016

VIDEO: A Visit to the ‘Creepy’ Depths of the ‘90s Subway Finds Some Things Haven’t Changed

By Michelle Cohen

Here’s a video that drops a subway token on the dark ages of 1990, when the city's underground transit system may have been a little “creepy,” but buses still took forever. While our ideas of what’s merely unruly (afterschool hordes) and what’s downright dangerous (the NYPD, eek!) may have been changed by the intervening years, it’s interesting to note the things that have stayed the same (capacity crowds on the Lexington Avenue line). Our host, a Fonzie-meets-Geraldo-esque Newsday columnist by the name of Ellis Henican, skims the surface of the many, many things that are going on below it in the city’s subway tunnels of the day, including ghost stations, locked restrooms and more.
Find out what's changed, what hasn't and what's still creepy

May 3, 2016

Skyline Wars: New Jersey’s Waterfront Transforms With a Tall Tower Boom

By Carter B. Horsley

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Here, Carter brings us his seventh installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the new New Jersey skyline. The hulking, 781-foot-high Goldman Sachs tower at 30 Hudson Street in Jersey City is like the Rock of Gilbraltar to Lower Manhattan’s famed skyline: massive and impressive. To some, perhaps, it conjures a Monty Python catapult or a very steep cliff on which to mount the Guns of Navarone for an assault on Lower Manhattan. It dominates the Jersey City skyline, which is a bit Spartan, especially in comparison with Brooklyn’s. Most of the skyscrapers in Brooklyn, however, are not directly on the waterfront and the Goldman tower is very much “in your face” on the water. Furthermore, all of a relative sudden, Jersey City is about to explode with three taller towers, which I can only describe as delirious, dancing, shimmy-shimmy-shake buildings with drop-dead vistas of Manhattan and the Hudson.
read more from carter here

May 3, 2016

Average Condo Sale in Manhattan Reaches $2.9M, Setting New Record

By Dana Schulz

For the second quarter in a row, average condo sales prices in Manhattan are breaking records. The first three months of 2016 saw $4.59 billion in aggregate sales, breaking the previous record of $4.57 billion that was set last quarter, according to data from CityRealty. The average sales price topped out at $2.9 million, also significantly higher than last quarter's $2.5 million. These figures aren't surprising considering 24 percent of all condo sales during the beginning of this year were at or above $10 million, with new luxury developments like 432 Park Avenue, The Greenwich Lane, and 150 Charles Street accounting for the uptick.
More stats this way

Real Estate Trends

April 30, 2016

The Upper West Side Readies For Two Synagogue-Replacing Condo Skyscrapers

By Ondel Hylton

The Upper West Side has proven to be one of the most difficult areas to build, with a growing amount of land area contained in historic districts and much of the remainder constrained by tight zoning regulations. Over the years, its protective residents have been involved in the city's most memorable development battles: fighting tooth and nail to reduce the scale of the Riverside South master plan; lessen shadows caused by the redevelopment of the New York Coliseum site (Time Warner Center); and more recently spearheading the downzoning of a 51-block swath of Broadway due to grievances caused by Extell's Ariel East and West towers. For the most part, the defensive strategy has allowed the neighborhood to retain much of its pre-war charms and human-scaled side streets. However, along its southern edge, where the buildings around Lincoln Center scale upwards to Midtown, zoning allowances are more generous. Two as-of-right towers are sure to ruffle some preservationists' feathers and are poised to be the neighborhood's biggest yet.
Get the scoop on the towers here

April 29, 2016

Lovely Williamsburg Loft in a Former Guitar Factory Seeks $1.55M

By Emily Nonko

This apartment at The Gretsch condo building, at 60 Broadway in Williamsburg, is a loft lover's dream. For $1.55 million you get 1,150 square feet of space with 13-foot ceilings, big windows looking out from the sixth floor of the former warehouse, and a totally open living, dining and kitchen area spanning nearly 24 feet.
See more of the loft

Distinctive Homes

Lottery Commences for 79 Affordable Units in Crotona Park East

An early rendering of the project, via CityLand

April 29, 2016

Lottery Commences for 79 Affordable Units in Crotona Park East

By Dana Schulz

A couple weeks ago, 6sqft got word of an affordable housing lottery at 1702 Bryant Avenue in the Bronx's Crotona Park East, "one of a few areas that seemed slow to catch up with the rest of the borough." Five years ago, the city rezoned this small neighborhood from light industrial use to residential, which created a rise in affordable housing opportunities. The latest offering is at 950 East 176th Street. It's Building A of the Crotona Terrace development and will have 79 affordable units. Though the address is just a few short blocks from the park, it's also directly adjacent to the Cross Bronx Expressway and elevated tracks of the 2/5 trains, a fact that might seem like less of a nuisance considering the apartments range from $975/month studios to $1,486/month two-bedrooms.
Find out if you qualify

Affordable Housing

April 28, 2016

Art Nerd New York’s Top Event Picks for the Week – 4/28-5/4

By Lori Zimmer

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! Spring has finally arrived and with it comes another dose of stimulating art events, starting with an eye-opening photo exhibit of artists along the U.S.-Mexican Border, as well as the much-anticipated spring edition of Greenpoint Open Studios. If you're looking for a more interactive experience, check out the Mad Hatters Ball at the McKittrick Hotel on Saturday or the Art into Action later on in the week. From the gallery side of things, Jenn Singer Gallery will be exhibiting an unconventional body of work from Brooklyn-based artist Emily Weiskopf, and the Booth Gallery will be debuting several works from the controversial Norwegian painter Odd Nerdrum. In addition to these thought-provoking solo shows, Brooklyn's Center for Performance Research will host a group show entitled Beaver, challenging the role of female sexuality in mainstream media.
More on all the best events this way

Events & Things To Do

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