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Apply for 43 affordable units at new amenity-rich rental in Long Island City, from $2,050/month

All renderings courtesy of Astor LIC

February 5, 2021

Apply for 43 affordable units at new amenity-rich rental in Long Island City, from $2,050/month

At the crossroads of two of Queens' most sought-after neighborhoods, Long Island City and Astoria, an affordable housing lottery has just launched for 43 units. The new, lifestyle-forward rental development, located at 36-20 Steinway Street and dubbed Astor LIC, offers studios, one-, and two-bedroom residences, all of which were designed with luxury in mind. In addition, the amenities include a state-of-the-art fitness center, co-working space, and two rooftop terraces with views of the Manhattan skyline. The affordable units range from $2,050 to $3,100 per month and are available to those earning 130 percent of the area median income.
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Affordable Housing

$70M plan to build Manhattan’s first public beach moves forward

Credit: James Corner Field Operations, courtesy of the Hudson River Park Trust

February 5, 2021

$70M plan to build Manhattan’s first public beach moves forward

By Devin Gannon

What at first appeared a lofty dream is now closer to reality. The Hudson River Park Trust on Thursday announced three requests for proposals for the construction of Manhattan's first public beach. The project includes a 5.5-acre public park on the Gansevoort Peninsula in the Meatpacking District that would be home to a resilient "beach" with kayak access, a sports field, scenic lounge spots, and a large public art installation.
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Architecture And Design

Romantic Valentine’s Day takeout and treat options from NYC restaurants

February 4, 2021

Romantic Valentine’s Day takeout and treat options from NYC restaurants

Heart-shaped pizzas, at-home sushi-making kits, red velvet cakes, sake and chocolate pairings--these are just some of the takeout offerings and treats that you can order this Valentine's Day. Since most of us will be staying home, we've put together a list of local restaurants with special to-go menus, as well as shops that have yummy holiday treats and edible gifts and even some virtual cooking classes. Ahead, check out all the options and start planning your romantic day (or weekend!).
Full list ahead

Historic Village Cigars building will be sold

Photo by Eden, Janine and Jim via Flickr cc

February 3, 2021

Historic Village Cigars building will be sold

Not only is the building that houses Village Cigars iconic for its oft-photographed location the corner of 7th Avenue South and Christopher Street, but because on the sidewalk out front is Hess Triangle, once the smallest piece of private land in New York City. Real Estate Weekly spoke with current owner Jonathan Posner, who said, "The pandemic has detrimentally impacted the property’s retail income and the expense of operating the building continues unabated." Sources tell REW that it will be sold for around $5.5 million.
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History

Lottery launches for 35 affordable units at wellness-themed Chelsea condo-rental, from $995/month

All renderings by Williams New York

February 2, 2021

Lottery launches for 35 affordable units at wellness-themed Chelsea condo-rental, from $995/month

Maverick Chelsea, a new wellness-focused condo-rental at 215-225 West 28th Street from HAP Investments, just launched an affordable housing lottery for 35 units, ranging from $995/month studios to $1,681/month three-bedrooms. Designed by DXA Studio, the contemporary residence is a two-building project that includes 112 rentals and 87 condos. Residents will get to enjoy amenities like an indoor pool and spa, summer kitchen, rooftop garden, wellness center, private library and lounge, fitness center, and 24-hour attended lobby.
Find out if you qualify here

Affordable Housing

The huge backyard at this $2.65M Crown Heights townhouse is a family oasis

Listing photos courtesy of Brown Harris Stevens

February 2, 2021

The huge backyard at this $2.65M Crown Heights townhouse is a family oasis

If you've been quarantined with kids for the past year, be prepared to drool over the backyard at this Crown Heights townhouse. Located at 1101 Park Place and listed for $2,650,000, the two-family home has a garden-floor apartment and a three-bedroom duplex on the upper two floors. The latter has a deck off the kitchen and a massive (it stretches through to the other block!) backyard with both a stone patio and a grassy space large enough for a swing set and trampoline.
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Distinctive Homes

Built in 1745, this lovely Hamptons cottage is where Jackie O learned to ride horses

Listing images courtesy of Douglas Elliman

January 29, 2021

Built in 1745, this lovely Hamptons cottage is where Jackie O learned to ride horses

During her childhood summers, Jacqueline Kennedy Onassis traded in Park Avenue for the Hamptons, where her grandfather John Vernou Bouvier Jr. owned two very impressive homes. During this time, one of her favorite pastimes was horseback riding, which would eventually become a lifelong passion. And it was right on the grounds of this 18th-century cottage that she learned to ride. Built in 1745 as the Abraham Baker House, it later served as the clubhouse for the Riding Club of East Hampton, and it's currently on the market for $1,995,000
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Distinctive Homes

42-story Jersey City tower will have public park, community center, and 900 rental units

Renderings courtesy of HAP Investments

January 27, 2021

42-story Jersey City tower will have public park, community center, and 900 rental units

By Devin Gannon

Another residential high-rise tower has been proposed for Jersey City's Journal Square neighborhood. New York-based developer HAP Investments unveiled this week updated plans for a 42-story mixed-use tower at 500 Summit Avenue that would contain over 900 apartments, a community center, and a public park.
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Uncategorized

Two-story Williamsburg condo has a glass wall and grassy balcony for $1.2M

Listing photos courtesy of The Corcoran Group

January 27, 2021

Two-story Williamsburg condo has a glass wall and grassy balcony for $1.2M

The six-unit condo building at 237 Devoe Street in Williamsburg was recently completed, and perhaps the most unique unit is this duplex that sits behind the entire double-story wall of glass. The other interesting feature is the balcony, which has a cool grassy extension. Asking $1,225,000, the 1,020-square-foot one-bedroom has 20-foot ceilings, modern finishes, and tons of storage space.
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Distinctive Homes

An artist’s colorful and convertible co-op in Carnegie Hill asks $1.3M

Photo Credit: Ted Porter Architecture; Ty Cole Photographer

January 26, 2021

An artist’s colorful and convertible co-op in Carnegie Hill asks $1.3M

A Murphy bed, movable partitions, hidden storage--these clever additions make this $1.3 million Upper East Side co-op a true city gem. Located in the Carnegie Hill neighborhood at 1326 Madison Avenue, the 1,075-square-foot home was custom designed by the current owner, Bogotá-based artist Lorenza Panero. She bought the apartment in 2012 for $650,000 and then embarked on a colorful and convertible renovation.
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Distinctive Homes

At $610K, this homey Yorkville one-bedroom makes a great starter place

Listing images courtesy of The Corcoran Group

January 25, 2021

At $610K, this homey Yorkville one-bedroom makes a great starter place

There's so much to love about this one-bedroom co-op at 425 East 78th Street, located in the Yorkville area of the Upper East Side. First, it's got a classy, cozy feel that'll make you think you stepped into a family home. Then there's the duplex layout--it's on the top floor, and the bedroom suite occupies the second floor and has high ceilings, a dressing room, and an en-suite bathroom. And, of course, there's the price. At $610,000, it's a perfect starter place.
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Distinctive Homes

Port Authority reveals plan to raze and replace Midtown bus terminal

Photo by Eden, Janine and Jim on Flickr

January 22, 2021

Port Authority reveals plan to raze and replace Midtown bus terminal

By Devin Gannon

Nearly ten years and 30 proposals later, the Port Authority of New York and New Jersey on Thursday unveiled a plan to replace the dilapidated Midtown bus terminal. The agency on Thursday presented its final scoping report for the project, which involves demolishing the existing bus station to make way for a larger, state-of-the-art terminal. According to the Port Authority, the new plan would increase the capacity for commuter and intercity buses at the world's busiest bus terminal by nearly 40 percent.
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Transit

Cuomo reveals $51B plan to redevelop Midtown West, replace Port Authority

All renderings courtesy of Gov. Andrew Cuomo’s Office

January 15, 2021

Cuomo reveals $51B plan to redevelop Midtown West, replace Port Authority

By Devin Gannon

Gov. Andrew Cuomo on Thursday unveiled an ambitious plan to transform over 100 acres of Midtown West as part of a new "transit-oriented" development. The $51 billion proposal adds a new train hall south of Penn Station, replaces the Port Authority Bus Terminal, extends the High Line, and adds up to 1,400 units of new affordable housing. The project is one part of the governor's proposed $306 billion infrastructure plan, introduced on Thursday during his fourth 2021 State of the State address.
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Renderings and pricing revealed for VU, new Murray Hill condo with amazing views

All renderings by Unmarked Studio

January 14, 2021

Renderings and pricing revealed for VU, new Murray Hill condo with amazing views

Murray Hill might not be the first neighborhood that comes to mind when thinking of luxury condos, but that just might be a good thing. VU, the new 100-unit project at 368 Third Avenue, is one of the tallest buildings in the neighborhood, which affords its 100 units incredible views of the East River, Midtown, and even down to the World Trade Center. We've now got our first look at the flashy new project, along with a pricing reveal.
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Cuomo’s ‘Arts Revival’ initiative will bring outdoor pop-up performances and events across New York

Photo by Luca Bravo on Unsplash

January 12, 2021

Cuomo’s ‘Arts Revival’ initiative will bring outdoor pop-up performances and events across New York

By Devin Gannon

Gov. Andrew Cuomo on Tuesday unveiled the "New York Arts Revival" initiative, a plan to bring art and culture back to the state after the coronavirus pandemic has brought much of the industry to a standstill. As part of a public-private partnership, the effort will bring a series of pop-up performances and arts events across New York starting February 4. According to the governor, who made the announcement during his multi-day State of the State address, the events will feature performers like Amy Schumer, Chris Rock, Wynton Marsalis, Renée Fleming, Hugh Jackman, and others. "We will not let the curtain fall on their careers or the future of our cities," Cuomo said.
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For $1.2M, this Spuyten Duyvil condo has 3 bedrooms, 3 parking spaces, and Hudson River views

Listing photos courtesy of Brown Harris Stevens

January 12, 2021

For $1.2M, this Spuyten Duyvil condo has 3 bedrooms, 3 parking spaces, and Hudson River views

In the Spuyten Duyvil section of the Bronx, right near Riverdale, this condo is a bit of a unicorn. Located at 2521 Palisade Avenue, it has three bedrooms and a balcony overlooking the Hudson River, the Palisades, and the George Washington and Mario Cuomo Bridges. It also includes three deeded in-building parking spaces, one of which is a "private two-car garage" accessed from the building driveway. And all this comes for $1,195,000.
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Distinctive Homes

See Cuomo’s proposal to extend the High Line to the new Moynihan Train Hall

Courtesy of Gov. Andrew Cuomo’s Office

January 11, 2021

See Cuomo’s proposal to extend the High Line to the new Moynihan Train Hall

By Devin Gannon

The High Line will be extended from its current 10th Avenue terminus to the entrance of the newly opened Moynihan Train Hall, Gov. Andrew Cuomo is expected to announce during his 2021 State of the State address on Monday. As the New York Times first reported, a new L-shaped elevated walkway will link the existing public park at 30th Street to a pedestrian plaza at Manhattan West, a six-building mixed-use development from Brookfield Property Group that stretches from 9th and 10th Avenues and 31st to 33rd Streets.
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Policy

Model Erin Wasson puts her fashionable Alphabet City loft on the market for $2.65M

Listing photos courtesy of Brown Harris Stevens

January 8, 2021

Model Erin Wasson puts her fashionable Alphabet City loft on the market for $2.65M

Fashion model and Lucchese designer Erin Wasson and her husband, restaurateur Bart Tassy, have put their East Village loft on the market for $2,650,000. Located at 175 East 2nd Street, between Avenues A and B, the 1,500-square-foot home has incredible beamed ceilings, exposed beams and brick, and two beautiful skylights. There's also a 1,400-square-foot private roof deck with views as far as the Financial District and Chrysler Building. The couple bought the unit for $1,650,000 in 2006 and listed it as a $10,000/month rental in 2017.
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New looks for the Taystee Lab Building, a life science campus opening in Harlem

All renderings courtesy of Janus Property Company

January 7, 2021

New looks for the Taystee Lab Building, a life science campus opening in Harlem

By Devin Gannon

As the construction of New York City's newest life science building nears completion, we're getting a fresh look at the innovative structure. Developed by the Janus Property Company, the 11-story Taystee Lab Building is part of the Manhattanville Factory District, a West Harlem neighborhood once full of breweries and factories that is now being transformed into a modern commercial and office hub. The 350,000-square-foot Taystee Lab Building, named after the bread bakery that once occupied the site, will provide mixed-use space for life science, academic, and creative tenants.
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New Developments

220 Central Park South is the best-selling NYC condo by a long shot

220 Central Park South as seen in May. Photo by Jim.henderson (cropped) via Wikimedia Commons

January 7, 2021

220 Central Park South is the best-selling NYC condo by a long shot

In a year where the number of real estate sales dropped significantly in New York City, it was a few top-tier new developments that kept things afloat. According to the CityRealty 100 report—an index comprised of the top 100 condominium buildings in Manhattan—this includes closings in 15 Hudson Yards, The Park Loggia, and Waterline Square. It also includes 220 Central Park South, which accounted for the top 22 sales during the 12 month period of this report and had a total of $1.52 billion in cumulative sales in 46 units.
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Real Estate Trends

Trader Joe’s set to open at major new 125th Street project in Harlem

Rendering credit: Beyer Blinder Belle

January 6, 2021

Trader Joe’s set to open at major new 125th Street project in Harlem

Trader Joe's will join Target at a major new mixed-use development in Harlem. It will be the grocery store's 13th location in New York City. The $242 million project is known as the Urban League Empowerment Center, as it will be home to a new headquarters for the National Urban League and the state’s first civil rights museum. It will also include 170 affordable and mixed-income apartments and office space for local nonprofits.
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New Developments

Construction set to begin at huge South Bronx complex with Universal Hip Hop Museum

Rendering courtesy of S9 Architecture

January 6, 2021

Construction set to begin at huge South Bronx complex with Universal Hip Hop Museum

By Devin Gannon

Construction of the South Bronx mixed-use project that will have over 1,000 units of housing, a waterfront esplanade, and a permanent home for the Universal Hip Hop Museum is set to begin in the coming weeks. Developed by L+M Development Partners, Type A Projects, BronxWorks, and the city of New York in a public-private partnership, the project, known as Bronx Point, secured $349 million in financing last week. S9 Architecture is leading the design of the 22-story development, with the publicly-accessible open space along the Harlem River designed by Marvel Architects and Abel Bainnson Butz.
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All photos © Brake Through Media

January 5, 2021

Tom Fruin’s famous colorful glass house sculptures arrive in Meatpacking District

American sculptor Tom Fruin has brought his famous "Icon" series to Gansevoort Plaza in the Meatpacking District. The installation, which is a welcome dose of color in the cold winter months, consists of one large "house" and seven smaller "satellite homes," all made in the artist's signature stained glass-esque design. During the day, the sun shines through the glass, casting colorful refelections, and at night, the pieces project multi-colored LED lights onto the cobblestone plaza.
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Events & Things To Do

You can buy Gem Spa’s iconic storefront sign, egg cream machines

All photos courtesy of Gem Spa

January 4, 2021

You can buy Gem Spa’s iconic storefront sign, egg cream machines

By Devin Gannon

While you can no longer order an egg cream at Gem Spa in the East Village, which closed its doors for good in May, you can own a piece of the legendary institution. The landmark newsstand, which has been located on the corner of St. Marks Place and Second Avenue for a century, is auctioning off iconic memorabilia and signage from the store, including its bright yellow storefront sign, egg cream equipment, and gates with designs by the artist Paul Kostabi. The auction has been extended to January 7 at 10 p.m.
Details this way

City Living

For just $620K, this modern Jersey City Heights condo has three bedrooms and private parking

Photo credit: Visual Marketing and Design

January 4, 2021

For just $620K, this modern Jersey City Heights condo has three bedrooms and private parking

The Heights section of Jersey City is definitely up-and-coming, with plenty of awesome restaurants and parks, but it's still more affordable than the Downtown part of town. Case in point, this three-bedroom condo at 209 Hutton Street. It occupies the first floor of a modern townhouse and has three bedrooms, a backyard, and private parking (a rarity even across the Hudson), and it's asking just $620,000.
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Distinctive Homes

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