Search Results for: -fifth avenue

5Pointz Developer Wants to Use Iconic Name for New Residential Towers

A photo capturing the 5Pointz demolition via changsterdam via photopin

November 4, 2014

5Pointz Developer Wants to Use Iconic Name for New Residential Towers

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The whitewashing and subsequent demolition of Long Island City graffiti mecca 5Pointz was painful enough for the arts community, but now G&M Realty, the developer responsible for the loss, wants to trademark the 5Pointz name and use it for their new residential towers at the site. And artists are not happy, saying the developer is trying to bank off their name. G&M is planning two towers for the site, at 41 and 47 stories, that together will hold 1,000 rental units. The developer submitted an application to the United States Patent and Trademark Office in March to trademark "5Pointz," but it was initially rejected in June for being too similar to another registrant. G&M now has six months to respond to the decision.
More on the story here
Today’s the Day: Condé Nast Moves into One World Trade Center
November 3, 2014

Today’s the Day: Condé Nast Moves into One World Trade Center

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More than nine years after ground broke at One World Trade Center, the tower's first and largest tenant, Condé Nast, is moving in. Though the media company will not complete its move until January, the relocation actually began last weekend when 2,800 orange crates full of files, photos, and books were carted downtown from the media company's Times Square office. Today, 175 employees will start their days at One WTC, the first wave of the 3,400 employees at 18 magazines. And as the New York Times notes, the scene they're encountering is much different than when construction began nearly a decade ago. As the number of financial institutions has declined, tech firms, advertising agencies, and media companies have made the Financial District their new home, along with a residential population of 61,000.
More on the big move here
New Yorker Spotlight: Behind the Scenes and Screams with Clinton Hill’s Halloween Queen, Janna Kennedy Hyten

Photo by Chris Franko

October 31, 2014

New Yorker Spotlight: Behind the Scenes and Screams with Clinton Hill’s Halloween Queen, Janna Kennedy Hyten

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When Janna Kennedy Hyten was growing up in rural Florida, she probably never envisioned the crowds that would one day gather outside her Brooklyn home for Halloween 313. At the time, Janna's physical world was small, but her imagination was large and primed to create the wonder, joy, and gore necessary to captivate thousands of children each Halloween. Halloween 313 began 20 years ago when Janna opened her home at 313 Clinton Avenue to Clinton Hill's children. Over the last two decades, what began as elaborate Halloween decorations on the home's exterior, developed into an annual, full-fledged, front yard production with fun names and storylines like "Grimm Scary Tale," "Pirates of the Scarebbean, The Curse of the White Pearl," and "20,000 Screams Under the Sea." We recently spoke with Janna to find out more about the woman and home behind Halloween 313.
Read the interview here
Grave Concerns: Do Cemeteries Affect Real Estate Prices in New York?

Photo via Plowboylifestyle/CC

October 31, 2014

Grave Concerns: Do Cemeteries Affect Real Estate Prices in New York?

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Not so surprisingly, Manhattan has a slew of cemeteries, graveyards and built-over potter’s fields (for unclaimed bodies). Madison Square Park was originally used as a potter’s field, as was Bryant Park. And though these swaths of land served many purposes over the years, it took an eternity before they were lovely public parks. From the late 1600s, burial grounds were generally confined to what would now be just south of City Hall, but more began popping up further uptown during the 1800s as the city’s population grew in leaps and bounds. With Halloween upon us, tis’ the season for checking out if living near one might give a buyer a bit of a ghostly scare or whether it takes an eternity to sell when the living room window overlooks tombstones marking coffins buried six feet under. Hear what experts say, and then learn about the city's most notable graveyards.
Do homes near cemeteries sell at a discount in NYC?
Townhome in Hidden English Tudor Village on Upper West Side Asks $2M
October 30, 2014

Townhome in Hidden English Tudor Village on Upper West Side Asks $2M

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It would be easy to walk right past Pomander Walk on a trip down 95th street, between Broadway and West End Avenue. The quaint little enclave is well concealed by an unsuspecting gate. However, walk through that gate and you’re in for quite a treat. Behind it is one of the most unexpected co-ops on the Upper West Side—an enclave so enchanting that it won the hearts of American treasures like Rosalind Russell, Lillian Gish, and Humphrey Bogart. And right now, one of those co-ops is available for $1.995 million.
Let's take a look
Construction Halted on Karim Rashid’s Harlem Condo After Buddha Statue Gets Decapitated
October 30, 2014

Construction Halted on Karim Rashid’s Harlem Condo After Buddha Statue Gets Decapitated

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Karim Rashid's condo at 329 Pleasant Avenue just can't seem to win. Weeks ago, the designer was forced to scrap the building's cyan and magenta color scheme for a more subdued palette, and now DNA Info reports that the city has issued a partial stop-work order on the building. The halting of construction comes after the city received complaints from neighbors that their foundations were being damaged by digging and careless workers. But the greatest victim in all of this? How about this Buddha statue which was decapitated by a construction worker.
More on the drama
Sportscaster Marv Albert Gets $15M for His Lincoln Square Apartment
October 28, 2014

Sportscaster Marv Albert Gets $15M for His Lincoln Square Apartment

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Famed sportscaster Marv Albert has found a buyer for his sprawling penthouse located at 150 Columbus Avenue. The NYDN reports the "Voice of Basketball" and his wife, former ESPN producer Heather Albert, just inked a contract that points to a $14.9 million deal. The couple originally purchased the 3,553-square-foot penthouse back in 1996 for just $2.39 million, calling it their home for years before heading down to Tribeca—and turning this pretty sweet profit. The penthouse was listed just five months ago.
Inside the home
Gramercy Park Hotel Hits the Market and Could Fetch $260M
October 27, 2014

Gramercy Park Hotel Hits the Market and Could Fetch $260M

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Get ready for another blockbuster sale. Following in the footsteps of Hilton who just sold off the Waldorf Astoria Hotel to Chinese Insurance Company Anbang for $1.95 billion, Aby Rosen and Michael Fuchs have put their prized Gramercy Park Hotel on the market. Crain‘s reports that the 186-room, 18-story hotel located at 2 Lexington Avenue […]

New Yorker Spotlight: Scott Liroff Sheds Light on His Century-Old Family-Run Business, City Knickerbocker

Scott with his father

October 24, 2014

New Yorker Spotlight: Scott Liroff Sheds Light on His Century-Old Family-Run Business, City Knickerbocker

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Tucked away on the second floor of a building on 11th Avenue and 48th street is City Knickerbocker, Inc., a small lighting business with a long history. Founded in 1906 founded by Adolph Liroff, a Russian immigrant whose trade was converting gasoliers and sconces to electric lamps, this business has lasted for four generations. Today, Scott Liroff, Adolph's great-grandson, proudly carries on the family tradition serving as City Knickerbocker's Vice President. To appreciate Scott's role in both his family and the business, one needs to go back over one hundred years to Brooklyn in the early 20th century. When Adolph's Brooklyn-based business took off, he headed to the city and rented a space on 42nd Street between 8th and 9th Avenues. After the Metropolitan Opera rented his light fixtures, Broadway started calling to rent lights too. As early as 1912-1913 City Knickerbocker's primary source of business was rentals. When Adolph's son, Seymour, took over the business in the 1950s, the store provided lighting for shows including The Ed Sullivan Show and The Milton Berle Show. 6sqft recently spoke with Scott to learn about City Knickerbocker and what it means to carry on a legacy in New York.
Read the en-light-ening interview here
Real Estate Wire: Brooklyn Lyceum Sells at Auction; Kiefer Sutherland’s Former Village Townhouse Lists Again for $20M
October 24, 2014

Real Estate Wire: Brooklyn Lyceum Sells at Auction; Kiefer Sutherland’s Former Village Townhouse Lists Again for $20M

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A new type of post-recession real estate fraud is wreaking havoc on Brooklyn neighborhoods like Canarsie, East New York, and Cypress Hills. [Brooklyn Brief] Landmarked Brooklyn Lyceum sells at auction for $7.6 million. [Brownstoner] Appraiser Jonathan Miller looks at what would happen if we eliminated rent regulation. [Bloomberg] Kiefer Sutherland’s former Steven Gambrel-designed Greenwich Village […]

Urban Planners Propose Moving Madison Square Garden to Nearby Post Office
October 23, 2014

Urban Planners Propose Moving Madison Square Garden to Nearby Post Office

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If there's one thing that all New Yorkers can agree on it's that Penn Station is pretty awful. And if we're ever going to get a new home for NJ Transit, Amtrak, and the LIRR, Madison Square Garden will have to move (just don't tell any die-hard Rangers fans that). The Alliance for a New Penn Station, a coalition of the Municipal Art Society and the Regional Plan Association, is proposing in a new report (revealed at this morning's MAS Summit) that the world-famous venue take up residency in the Morgan Post Office and Annex, occupying the block bound by 9th and 10th avenues and 28th and 30th streets. The mail sorting facility site is large enough to accommodate a new state-of-the-art arena and is just a quick walk to Penn Station. The coalition told Capital New York: “Relocating the Garden to this site will provide the city with a new arena and allow for the reconstruction and expansion of Penn Station, each of which can be designed to vastly improve the conditions of the district.”
More on the proposal and renderings of what the new site could look like
Real Estate Wire: Luxury Tower Rising Along the AirTrain; No Picket Fences for This Generation
October 23, 2014

Real Estate Wire: Luxury Tower Rising Along the AirTrain; No Picket Fences for This Generation

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Someone is building a luxury residential building next to the AirTrain station. The Crossing, as it’s called, will host 580 units with roof terraces and a 24-hour doorman among other amenities. [DNA Info] “No Picket Fence”. New Yorkers in their 20s and 30s are increasingly looking for appealing rentals as opposed to buying, and developers are […]

<b>Goldilocks Blocks: Hope Street in Williamsburg</b>

Between hyper-developed hotspots, main drags in up-and-comers, and those genuinely avoidable areas, there can often be found a city’s “just-right” zones. They aren’t commonly known, but these micro-neighborhoods often hide within them real estate gems coupled with perfectly offbeat vibes. Continuing our Goldilocks Blocks series, this week we look at Hope Street in Williamsburg, Brooklyn.

October 22, 2014

Goldilocks Blocks: Hope Street in Williamsburg

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It’s hard to imagine any corner of Williamsburg that doesn’t embody some form of the neighborhood’s upscale hipster paradise. With the opening of The Gorbals restaurant–to excellent reviews–atop the 6th Street Urban Outfitters on the North Side and the South Side sprouting condos and charter schools, the term “prime Williamsburg” has become meaningless. But in every district there are places that retain that charming, slightly unruly je ne sais quoi. The four blocks that comprise Hope Street fit this description.
What makes Hope Street so 'just right?'
October 22, 2014

NYC Subway Carries a Record-Breaking 6.1 Million Riders in One Day

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If you feel like your subway rides are starting to feel more and more like squeezing into a sweaty sardine can, you're right on the money. According to the MTA, ridership is at an all-time high with 149 million passengers cramming into cars during the month of September alone. The MTA also met another milestone last month on September 23rd, when a whopping 6,106,694 took to the rails—this is the most of any day since ridership was first tracked in 1985; and it broke last year's record of 5,987,595 passengers on October 24th.
READ MORE
<b>Historic Post Offices: Architectural Masterpieces That Are More than Just Places to Drop Mail</b>
October 22, 2014

Historic Post Offices: Architectural Masterpieces That Are More than Just Places to Drop Mail

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The Federal government has dabbled in several architectural styles over the years when designing New York City post offices. From outdated baroque in the late 1800's to New Deal-era Art Moderne, all of these historic buildings seem to share two characteristics: grandiose and massive. We've rounded up here some of the greatest architectural stunners, which also showcase the evolution of historic post office architecture in the city (and almost make waiting an hour in line to mail one letter bearable).
See more of NYC's historic post offices here
Explore the East Village Through Poetry and Poets of the 1950s to Present
October 21, 2014

Explore the East Village Through Poetry and Poets of the 1950s to Present

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Jam-packed full of boutiques, bars, and a booming frat scene, the East Village's past as a haven for artists and other creatives is quickly being forgotten. But from the 1950s through the 60s, the Village was the epicenter of beat poetry and was once the stomping grounds of lit's most prolific. For more than sixty years there has been an intense poetry scene happening in the East Village. Passing Stranger, a project by WNYC's Pejk Malinovski and The Poetry Foundation, is an interactive documentary experience that brings listeners through two miles of the East Village via the poetry and poets of the 1950s up to the present. If you love podcasts such as This American Life and 99% Invisible, you'll love this sound-rich audio tour which will get you out and about on a beautiful fall day, and enlighten you on one of the most important bohemian communities to exist.
More on the project and podcast
Real Estate Wire: Forest City Selling Their Stake in Barclays Center; Re-zoning for One Vanderbilt Certified
October 20, 2014

Real Estate Wire: Forest City Selling Their Stake in Barclays Center; Re-zoning for One Vanderbilt Certified

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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 […]

Real Estate Wire: NYC is Filled with Illegal Greenhouses; Elle Macpherson UES Apartment
October 17, 2014

Real Estate Wire: NYC is Filled with Illegal Greenhouses; Elle Macpherson UES Apartment

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Is your apartment greenhouse illegal? Some New Yorkers are turning their greenhouses into extended indoor living spaces. [NYT] Elle Macpherson sells her pied-à-terre at East 68th Street for $2.4 million. [WSJ] More developments are coming to Renwick Street in northern Tribeca and people are loving it. [WSJ] Durst Organization is officially the new builder of Hallets […]

Bed-Stuy: From Harlem and Hip-Hop to Hipsters, Hassids and High Rents

Photo by brandon king cc

October 15, 2014

Bed-Stuy: From Harlem and Hip-Hop to Hipsters, Hassids and High Rents

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Brooklyn is changing fast and at the forefront of this is Bedford-Stuyvesant—or as it's more commonly known, Bed-Stuy. Like most New York neighborhoods, Bed-Stuy has had its ups and downs, its most notable down being the 80s and 90s when crime and drugs were at a record high. But as hard as the times may have gotten, the neighborhood has maintained itself as one of the city's most culturally significant. Bed-Stuy has long been home to one of the largest concentrations of African-Americans in New York, it boasts beautiful well-preserved architecture spanning countless styles and centuries, and of course, there is the neighborhood's central role in the hip-hop movement.
More on the history and future of Bed-Stuy
75% of Grand Central’s $210M Renovation Money Will Go to the 4, 5, 6 Trains
October 15, 2014

75% of Grand Central’s $210M Renovation Money Will Go to the 4, 5, 6 Trains

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New York City's most taxed line is about to get a sizable cash infusion. Of the $210 million that developer SL Green Realty has budgeted for improving Grand Central's subway station for the green light to construct a 65-story office tower next door, more than 75% will go toward the Lexington Avenue line, Crain's reports. Yesterday, a 63-page study was delivered to Manhattan's Community Board 5 and to transportation advocates who have called for Midtown East's rezoning to include improvements to transportation infrastructure to meet current demand as well as the influx of nearly 16,000 workers as new lines are drawn. So where exactly will the money go?
Where will the money will go?
<b>An Abridged History of New York City’s Most Popular Bridges</b>
October 15, 2014

An Abridged History of New York City’s Most Popular Bridges

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According to the Department of Transportation (DOT), Manhattan boasts about 20 bridges that connect the Big Apple to neighboring areas—many of which have various degrees of landmark status, including the Brooklyn Bridge, the George Washington Bridge, the Manhattan Bridge, the High Bridge, the University Heights Bridge and the Ed Koch Queensboro Bridge. We often use these marvels without giving them much thought beyond the grandiose size and maybe their engineering, so to give you a little trivia to impress your friends with the next time you cross one these storied bridges, we're offering up a handy primer on seven of the city's most famous.
A quick primer on the city's top bridges
<b>Renovation Diary Part II: Choosing the Right Architect for the Job</b>

Image © Sarah Ross via flickr cc.

October 14, 2014

Renovation Diary Part II: Choosing the Right Architect for the Job

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Our Renovation Diary series follows 6sqft writer Michelle Cohen as she takes on the challenge of transforming her historic Clinton Hill townhouse into a site-sensitive modern home. In Part I she shared her experience of defining a plan of action and getting started and this week she takes on the all important task of choosing an architect. One of the first steps in our renovation project was to hire an architect. The house is in a historic district, so we have to submit all alteration plans to the Landmarks Preservation Commission; we wanted to find someone who was very familiar with that process. We also wanted to find someone who was familiar with working on renovating old brownstones, and someone whose style we liked. Someone who comes with lots of good recommendations. And, not least of all, someone we could even close to afford. In our case he or she would be our main point person on the project, and, ostensibly, our advocate in any dispute that would occur later on.
Find out how to choose the right architect for your project and your budget.
After a Major Makeover, Gorgeous Clinton Hill Townhouse Lists for $3.35M
October 14, 2014

After a Major Makeover, Gorgeous Clinton Hill Townhouse Lists for $3.35M

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About a month ago we reported on the renovation of a Clinton Hill townhouse underway. Now it looks like the home has gotten its final wash of paint and the owners have put their pad on the market for cool $3.35 million. This fancy flip returns after having undergone quite a bit of work—and it's been bumped up from its $1.555 million closing price last winter (it was originally listed at $1.295 million). New bells and whistles include energy efficient boilers, two refurbished wood burning fireplaces, and a custom neo-angle chefs kitchen.
Look inside the updated digs here
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