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That's a lot of accolades for one building, but the SHoP Architects-designed tower at 111 West 57th Street is looking to sweep the supertall competition. Originally planned to rise 1,397 feet, the tower will now soar to 1,421 feet, surpassing 432 Park Avenue (the current tallest residential building in the Western Hemisphere) by 24 feet, according to city records uncovered by Crain's. It will also retain its title as the world’s slenderest tower.
More details ahead

New Yorker Spotlight: Carol Paumgarten of Steps on Broadway on Training World-Famous Stage Stars

Studio image via Sofia Negron Photography

January 15, 2015

New Yorker Spotlight: Carol Paumgarten of Steps on Broadway on Training World-Famous Stage Stars

By Susan Cohen

Atop the hustle and bustle of 74th Street and Broadway, three flights of stairs above the busy Fairway Market, is the famous dance studio Steps on Broadway, renowned for its teachers, dancers, classes, and, of course, the large flag that hangs outside the building. Presiding over the studio is owner and artistic director Carol Paumgarten. Carol opened the studio with a partner in 1979, and over the years developed Steps into a much sought-after studio for professional dancers, budding stars as young as two years old, and anyone who just feels like dancing. The studio is part of a larger world of dance that sits center stage on the Upper West Side. With Lincoln Center and the musicals of Broadway right down the street, there's a lot of movement and creativity happening in this neighborhood. We recently spoke with Carol to find out how Steps on Broadway made the leap from a small studio with a few classes to a dance institution known worldwide.
Read the full interview here

January 15, 2015

Real Estate Wire: 432 Park Slapped with a Stop Work Order; Inside Hillary Duff’s Brooklyn Home

Construction on 432 Park Avenue has come to a halt after an eight-foot-long pipe fell from the 81st floor and crashed in the street down below. No injuries have been reported. [Curbed] Did you know Hillary Duff lives in Brooklyn? Take a peek inside her home, which looks like it might be in Park Slope. [Elle] Adrian Grenier was spotted […]

Real Estate Trends

January 15, 2015

Breathtaking Views of the Hudson River and Palisades for $2M–in the Bronx

By Stephanie Hoina

It’s time to visit (or revisit) one of our favorite posts–Seven Cool Things You Probably Didn’t Know About NYC’s Northernmost Borough–because after you take a look at this magnificent two-story home with glorious Hudson River and Palisades views you are going to be further intrigued by the only borough special enough to be preceded by a definite article –“the” Bronx.
Take a tour of the home

Distinctive Homes

Making the Cut: Is NYC Still the World’s Fashion Capital?

Via j-No via photopin cc

January 13, 2015

Making the Cut: Is NYC Still the World’s Fashion Capital?

By Michelle Cohen

Will 21st century New York City be able to retain its fashion capital status? How does an aspiring fashionista build a brilliant career? The answers come from a winning combination of education, innovation and inspiration, plus financial and media support. Though styles come and go with dizzying speed and designers fall in and out of favor, New York City has held the title of global fashion capital since the mid 20th century, when it rose to prominence with the unprecedented idea of developing sportswear as fashion. Today’s NYC is home to some of the world's top fashion schools whose famous graduates add to the city’s fashion culture and networks. Foreign designers choose to live and work here because of this status and creative energy, adding even more to the fabric. We may share this pedestal with quirky London–and trés chic Paris, the brainy Belgians, the stylish Scandinavians and the ascendant Aussies make things more interesting–but NYC is known as the place where style ideas and trends are born and exchanged.
But is NYC still the world's fashion capital?

Architecture And Design

January 13, 2015

“Who’s Buying New York?” WNYC’s Week-Long Series Spotlighting the Wealthy Changing the City

As industry buffs release their year-end reports full of charts and stats, WNYC is taking a different approach, getting an insider's look with the actual people wheeling and dealing real estate across the city. Launched Monday, "Who's Buying New York?" is a week-long series that takes a look at the current real estate boom taking New York by storm. The podcast series investigates the financial muscle behind the supertalls changing our skyline, who's buying those units in those buildings, and what this all means for the rest of us. Reporters also chat with some high-earning Chinese investors buying apartments in New York they never plan on living in, and they take a look at all the extra moves property owners take to hide their identities.
Find out where to listen to the podcasts here

Real Estate Trends

January 13, 2015

Real Estate Wire: 2014 Was the Tallest Year for Skyscrapers; Karim Rashid Design Blasted Again

Karim Rashid just can’t seem to win. The city has—again—asked the architect to redesign his East Harlem building’s balconies due to building code violations. [DNA Info] 2014 was the tallest year for skyscrapers. [Archinect] Renderings of “The Ark”—a privately-owned animal handling cargo terminal–coming to JFK. [Curbed] Gloomy 380 Madison is getting a makeover with sky-high green space […]

Real Estate Trends

5Pointz before being demolished via Garrett Ziegler/Flickr

January 13, 2015

5Pointz Artists Petition Against Developer Using Iconic Name for New Residential Towers

Back in November we first got wind of G&M Realty's plan to trademark the 5Pointz name and use it for their new residential towers at the site; now artists connected to the Long Island City graffiti mecca are fighting back. Father-son developers Jerry and David Wolkoff had their trademark application denied twice, most recently on January 6th, for being too similar to a California real estate company. Before their third go, artist Jonathan Cohen (aka MeresOne), who ran 5Pointz for ten years, has started an online campaign advocating to protect the storied name. So far the petition has 2,050 signatures, with a goal of 3,000.
More details on the 5Pointz feud

January 13, 2015

Chetrit Group Plans $1.8B Sellout for 96 Condos in the Sony Tower

Back in June, we learned that the Chetrit Group was planning to partially convert the Philip Johnson-designed Sony Tower at 550 Madison Avenue to high-end condos. And it has now been revealed that the 96 condo units will amount to a jaw-dropping $1.8 billion sellout, according to plans the developer filed with the Attorney General's office. By comparison, the initial total sellout at One57 was $2 billion, and at 432 Park Avenue it was $2.4 billion.
More on the luxury conversion

January 12, 2015

Construction Update: One Manhattan Square, Extell’s Mega-Rental Complex in Two Bridges

Groundwork continues on Extell Development's 847-foot-tall mega-rental complex at the foot of the Manhattan Bridge. Rumored to be called One Manhattan Square, the project at 250 South Street will bring a staggering 790 luxury rentals and 205 affordable units to a remote section of the Two Bridges/Chinatown neighborhood. The project rises on the former site of a cherished one-story Pathmark supermarket and its sprawling parking lot. While details of the design remain scarce, public documents reveal a two-towered development of 68 and 23 stories to rise atop a three-story podium that will contain 30,000 square feet of retail. Blogger Bowery Boogie uncovered the residential amenity package, which will include two swimming pools, a health club, basketball court, squash court, bowling alley, golf simulator, and 137 on-site parking spaces.
More details on One Manhattan Square

January 12, 2015

New Public Art Piece Will Have All of Times Square Yawning at Once

And not out of boredom. Sebastian Errazuriz has created a new public art piece for Times Square that is the antithesis of the high-energy, fast-paced neighborhood. It's a close-up, black-and-white, three-minute video of the artist looking around and yawning that plays on 50 digital billboards throughout Times Square, which triggers a domino effect of sleepy, open mouthed gaping, since we all know yawns are contagious. Errazuriz's idea was to instill "a pause in the city that never goes to sleep," which informs the title of the work. The yawn-athon takes place every night through January 17th at 11:47pm from 42nd to 47th Streets between Broadway and 7th Avenue.
More (yawn) details ahead

Events & Things To Do

January 9, 2015

Muddy Construction Commences on Jardim, Isay Weinfeld’s Condominium on the High Line

The construction boom in Chelsea along the High Line continues unabated with the start of another condo development penned by a highly acclaimed foreign architect. This latest condominium, dubbed “Jardim” (Portuguese for garden), comes from the office of visionary Brazilian architect Isay Weinfeld. Developed by Harlan Berger's Centaur Properties, Jardim's site is situated at 525 West 25th Street between 10th and 11th Avenues–just a single starchitect's lot away from the High Line. Construction at the currently muddy site has commenced, and we got a first-hand look at the progress.
More on the project here

January 8, 2015

The Lena Dunham Real Estate Effect: Looking at the Homes of the Stars of ‘Girls’

One of the reasons Girls became such an instant hit is because it was lauded as the anti-Sex & the City. Its characters live in Greenpoint, not the Upper West Side; they wear Converse instead of Manolos; they struggle to pay the rent rather than living in completely unrealistic apartments. But when it comes to their real lives in New York City, the cast of the HBO show is definitely not struggling to make ends meet, as is evidenced by their impressive collection of real estate. So, in anticipation for this Sunday's season four premier, let's take a look at how Lena Dunham and her posse actually live in the city, as compared with their characters' fictional digs.
See where the stars of 'Girls' live on and off the screen

January 8, 2015

Leave the City Behind in This Charming $15K a Month Brownstone

By Aisha Carter

Yes, this is actually a Manhattan residence, not a Brooklyn pad in disguise. The renovated single-family brownstone is located just a block from Central Park and is brimming with charm. The cozy and familiar home has an owner of practically 50 years who has updated the interior with modern comforts like radiant heated floors, but it's details like decorative fireplaces and stained glass accents that make this place truly special.
More pics inside

Distinctive Homes

January 8, 2015

Real Estate Wire: Olivia Wilde and Jason Sudeikis List Home for $4M; Jared Kushner Wants $66M for Top Puck Penthouse

With a new baby in tow, Olivia Wilde and Jason Sudeikis are looking for a new home and putting their Meatpacking District home on the market for just under $4M. [NYP] Jared Kushner is looking to set a downtown record with his $66M listing for the uppermost penthouse at the Puck Penthouses. [WSJ] The upcoming World Trade Center […]

Real Estate Trends

January 7, 2015

POLL: Will 2015 Manhattan Sale Prices Surpass Record-Breaking Average of 2014?

Yesterday we learned that the average Manhattan sale price reached an all-time high in 2014, climbing to $1,718,531 and surpassing the pre-recession record of 2008. We weren’t totally surprised, considering the past year’s slew of new, high-end developments. We predict that this trend will continue into 2015, with even more luxury listings hitting the market. But what […]

Real Estate Trends

December 31, 2014

REVEALED: 141 Willoughby, 30-Story Mixed-Use Tower to Replace Site Once Slated for Eminent Domain Takeover

A Downtown Brooklyn school once planned to be seized through eminent domain will sprout a 30-story mixed-use tower by Savanna Partners. Renderings posted on Savanna's website reveal a glass tower at 141 Willoughby Street with a retail base, student housing, and commercial or residential space above. The project will replace the three-story building that's home to the Institute of Design and Construction, a 77-year-old technical college.
More details on the project

December 30, 2014

Real Estate Wire: Luxury Development Hitting the West 90s; 70,000 People Apply for 38 Affordable Apartments in Williamsburg

The West 90s, long considered the more affordable part of the Upper West Side, is seeing an influx of luxury development. [NYT] 70,000 people applied for 38 affordable apartments in Williamsburg at 59 Frost Street. [DNAinfo] Not everyone agrees with the Times endorsement of the QueensWay. [2nd Ave. Sagas] Soap opera star Noelle Beck lists […]

Real Estate Trends

December 29, 2014

Sandy-Ravaged Chelsea Building to Sprout New Apartments

A four-floor Chelsea building ravaged by Superstorm Sandy will be reborn as a new nine-unit residential building. The walk-up building at 92 Eighth Avenue near 14th street has sat vacant and shrouded since the storm triggered the collapse of its front facade, revealing its interiors "like an open doll house." With all of its similarly furnished rooms exposed to onlookers, it was soon discovered the building operated as an illegal hotel catering to European travelers.
More details here

New Developments

December 26, 2014

Real Estate Wire: Williamsburg Development Site Sells for Record-Setting $40M; Plaza Condo Drops Price by $15M

Sale of two Williamsburg buildings on Bedford Avenue for $40 million sets a new record. [Crain’s] Extell employs holograms to market its One Riverside Park condominium. [NYT] Google is expanding its footprint in Chelsea, creating a 3.5-million-square-foot urban tech campus. [WSJ] Art Deco Plaza condo drops asking price by $15 million. [Curbed] Images: Rendering of the new […]

Real Estate Trends

December 26, 2014

Steven Harris-Designed West Village Townhouse Sells for $15M

We're big fans of the work of Steven Harris Architects here at 6sqft, so it came as no surprise that this West Village townhouse that features the firm's lovely designs sold for $15 million. According to city records released today, the seller of the home located at 156 West 13th Street is Candida Smith, curator and daughter of the late celebrated artist and sculptor David Smith. The Greek Revival townhouse was built in 1846 for the estate of Peter Remsen, a member of a prominent Knickerbocker family. Steven Harris updated the home to include modern conveniences like an elevator and an industrial-sized kitchen, while retaining its historic charm and grandeur.
Take a look around here

Manhattan Bed and Breakfasts Are Forced to Close in the Wake of the Airbnb Battle

Image of a B&B Mike Miley via photopin cc

December 24, 2014

Manhattan Bed and Breakfasts Are Forced to Close in the Wake of the Airbnb Battle

We've already taken a close look at how controversial room-sharing startup Airbnb is accused of depleting the already-scarce affordable housing stock in the city, but a new type of fallout is also underway. Thanks to legislation enforced in 2011 that sought to eliminate short-term rentals and illegal hotels in residential or SRO buildings, many legal bed and breakfast owners are being forced to shut their doors.
Read about the issue here

Say Goodbye to Williamsburg’s Iconic Diner, New Six-Story Apartment Building Coming

Image by Avagara via Panoramio

December 24, 2014

Say Goodbye to Williamsburg’s Iconic Diner, New Six-Story Apartment Building Coming