Search Results for: Aby Rosen

Aby Rosen says he’ll add an observation deck to the Chrysler Building

Photo via Max Pixel

April 3, 2019

Aby Rosen says he’ll add an observation deck to the Chrysler Building

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“I see the building as a Sleeping Beauty: It needs to be woken up and revitalized,” developer Aby Rosen told the Post about his plans for the Chrysler Building. His firm RFR Realty, in partnership with Signa Holding, bought the landmark for $150 million last month . His plans include restoring the 1930s Art Deco interiors by way of a series of restaurants that will take inspiration from Chrysler's original Cloud Club, as well as adding a '"fashionable food hall" (of course) and retail spaces. The biggest news, though, is that he also wants to incorporate a new observation deck, joining the ranks of 30 Hudson Yards, One Vanderbilt, and Chrysler's one-time rival the Empire State Building.
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Aby Rosen signs fashion company Totokaelo as first retail tenant at 190 Bowery

Image: Before the 2005 sale

July 25, 2017

Aby Rosen signs fashion company Totokaelo as first retail tenant at 190 Bowery

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It's been two-and-a-half years since developer Aby Rosen of RFR Realty scooped up the former Germania Bank Building for $55 million. He bought it from photographer Jay Maisel, who in 1966 turned the then-abandoned landmark into his own private 72-room mansion. After removing the Nolita building's iconic graffiti last summer, Rosen is now all systems go for his conversion to an office building with ground-floor retail. As the Post reports, Seattle-based fashion retailer Totokaelo (who counts among its designer offerings Acne Studios, Comme des Garçons, Jil Sander and Proenza Schouler) signed a lease for 8,918 square feet at street level. However, the deal only covers early fall through March 2018 for a large-scale pop-up store.
All the details ahead
Mega-developer Aby Rosen lists art-filled Upper East Side townhouse for $20M
July 6, 2017

Mega-developer Aby Rosen lists art-filled Upper East Side townhouse for $20M

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Big-time real estate developer and man about town Aby Rosen has put his extravagant Upper East Side townhouse at 16 East 78th Street on the market for $19,950,000, a good deal more than the $8.4 million he paid for it back in 2004. According to LL NYC, the listing comes just a week after his other nearby home at 5 East 80th Street, which he's rented for 15 years for nearly $23,500 a month, narrowly escaped the auction block. Rosen expressed interest in buying the property, which could be why he's decided to part ways with this residence. Listing photos show the art collector's impressive contemporary collection, as well as the full-full master suite, roof deck, and garden.
See it all right here
The 30-Year Evolution of Socrates Sculpture Park; Developer Aby Rosen Releases Anti-Trump Billboard
August 8, 2016

The 30-Year Evolution of Socrates Sculpture Park; Developer Aby Rosen Releases Anti-Trump Billboard

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Despite his partnership with Trump’s son-in-law Jared Kushner, developer Aby Rosen put up a huge billboard in Noho urging New Yorkers to “Vote Your Conscience.” [TRD] The Four Seasons is hosting a Hamptons pop-up. [NYP] In 1986, Long Island City’s Socrates Sculpture Park was a landfill and illegal dumping ground. Today, it’s an urban artistic haven. [Dwell] Tour Anna […]

Beyond the Four Seasons: Aby Rosen Talks Maintenance and Costs at the Seagram Building
July 18, 2016

Beyond the Four Seasons: Aby Rosen Talks Maintenance and Costs at the Seagram Building

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On Saturday night, after what seems like an eternity of speculation followed by lamentation, the iconic Four Seasons hosted its last dinner. Last summer, Seagram Building owner Aby Rosen of RFR Realty chose not to renew the iconic restuarant's lease, and even before this, he faced criticism when he removed Picasso's largest ever work, Le Tricorne, from the space. But despite the constant contention, the developer is speaking out, hoping to get a little credit for the work and money he has put into the office building. "I see myself as a custodian," he told the Times, referring to the fact that it costs RFR an estimated 20 percent more to maintain the landmarked structure than it would a typical tower of the same size and age. But experts say this is par for the course when one willingly purchases a designated building, which Rosen did in 2000 for $379 million.
Rosen breaks down the specifics
190 Bowery Is Already Back on the Market, Aby Rosen Attempts a Flip

EDITOR’S NOTE: An RFR Realty representative reached out to Curbed to say that 190 Bowery is NOT for sale. The listing is not current and will be removed from Cushman & Wakefield’s site. 

July 15, 2015

190 Bowery Is Already Back on the Market, Aby Rosen Attempts a Flip

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It seems like the saga of 190 Bowery is never going to be over. As you'll recall, photographer Jay Maisel turned the former Germania Bank Building into his own private mansion and lived there from 1966 until February of this year, at which time he sold it to developer Aby Rosen of RFR Realty for $55 million. Like we previously said, "Since that time, it’s been all eyes on Rosen. Is he removing or preserving that iconic graffiti? What the heck happened with that 'public' art show inside the building?" And though the Landmarks Preservation Commission approved plans in May for a restoration and conversion to an office building with ground-floor retail, it now seems that Rosen may be getting cold feet. Curbed reports that he's taking offers for 190 Bowery in what looks like a very high-profile flip attempt.
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Real Estate Wire: $13M for Bed-Stuy’s Tallest Apartment Building; Aby Rosen is Creating His Own Mansion
September 10, 2014

Real Estate Wire: $13M for Bed-Stuy’s Tallest Apartment Building; Aby Rosen is Creating His Own Mansion

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A ‘seven-star hotel’ will rise on the former site of the Rizzoli Bookstore near Central Park. [WSJ] Aby Rosen wants to turn an 11-unit co-op at 1025 Park Avenue into his personal 19,000-square-foot mansion. [NYDN] Owners of a 13-story, 23-apartment rental at 11 Spencer Court in Bed-Stuy are looking to make $13 million sale—50% more than […]

Bjarke Ingels unveils cascading concrete tower with 1,000 apartments along the Gowanus Canal

All renderings by bucharest.studio

June 3, 2025

Bjarke Ingels unveils cascading concrete tower with 1,000 apartments along the Gowanus Canal

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It's going to be BIG. Architecture firm Bjarke Ingels Group (BIG) this week unveiled designs for a 1,000-unit mixed-use tower at 175 Third Street in Gowanus, expected to be the largest building in the neighborhood. Situated along the canal, the concrete-clad building will take a horseshoe shape and rise 27 stories in a series of cascading volumes. The u-shape design opens towards the canal, where a park and esplanade will offer public open space and flood protection.
see the design
The Chrysler Building is now on the market

Credit: Mitch Hodiono on Unsplash

May 21, 2025

The Chrysler Building is now on the market

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The Chrysler Building is officially up for sale after a drawn-out legal battle between RFR Holding and Cooper Union. As first reported by The Promote, the leasehold for the iconic Art Deco skyscraper is on the market for the first time since 2019, after a judge terminated RFR’s lease in January and evicted the firm for falling more than $21 million behind on rent owed to Cooper Union, which owns the land beneath the tower. Cooper Union has since tapped real estate firm Savills to find a new operator to take over the lease.
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Bird flu likely behind bird deaths at NYC zoos

Photo via WikiCommons

February 10, 2025

Bird flu likely behind bird deaths at NYC zoos

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Bird flu has hit New York City zoos, with three ducks at the Queens Zoo and 12 more birds at the Bronx Zoo dying after probable exposure to the highly contagious virus. As first reported by the New York Times, the Wildlife Conservation Society, which manages the zoos, has moved vulnerable bird species to protected areas and limited exposure of other animals to wild birds. The deaths come as Gov. Kathy Hochul ordered all live bird markets in the five boroughs to temporarily close to curb the outbreak of the virus, which has affected roughly 156 million commercial, backyard, and wild birds nationwide since January 2022.
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UN Plaza buildings to get $500M revamp

One and Two United Nations Plaza in center; United Nations Secretariat Building to the left; Photo via WikiCommons

February 4, 2025

UN Plaza buildings to get $500M revamp

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Two United Nations buildings will undergo a $500 million revitalization, creating over 1,800 jobs and boosting New York City's economy by billions, New York officials announced this week. Mayor Eric Adams, Gov. Kathy Hochul, and the UN Development Corporation (UNDC) on Monday announced plans for the redevelopment, which will modernize One and Two United Nations Plaza—built in the 1970s and 80s—while consolidating its office space. As part of the plan, the UN has committed to long-term leases at the site.
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Chrysler Building ownership is in limbo

Credit: JJBers on Flickr

October 11, 2024

Chrysler Building ownership is in limbo

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The owners of the Chrysler Building are fighting to hold onto the iconic Art-Deco skyscraper after falling behind on more than $21 million in rent. RFR, led by Aby Rosen, on Monday, made a legal filing accusing landlord Cooper Union, which owns the land under the Chrysler, of driving away tenants with its response to a campus protest last October, which influenced several tenants to cancel or terminate their leases, as reported by Crain's New York. But data from CoStar shows that the tower's occupancy rose to 85.7 percent as of September 30, up from 82.8 percent in 2023.
get the scoop
NYC’s Fotografiska museum to close and relocate, historic Park Ave South building to hit market

Photo via WikiCommons

May 28, 2024

NYC’s Fotografiska museum to close and relocate, historic Park Ave South building to hit market

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Swedish photography museum Fotografiska New York will close its New York City location with plans to relocate to a larger spot, the museum announced last week. Fotografiska opened at the historic Gramercy building at 281 Park Avenue South in 2019 and later was joined by the restaurant Verōnika and the Chapel Bar. The museum's last day in the current building will be September 29 and the restaurant and bar will close in June. As Crain's reported, 281 Park Avenue South owner, Aby Rosen's RFR Holding, will put the architecturally stunning building on the market this week for an undisclosed amount.
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NYC’s Gramercy Park Hotel to reopen with rooftop bar and Danny Meyer restaurant

Image via WikiCommons

August 28, 2023

NYC’s Gramercy Park Hotel to reopen with rooftop bar and Danny Meyer restaurant

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After closing during the pandemic, Manhattan's famed Gramercy Park Hotel will reopen under new ownership, the Wall Street Journal reported. MCR Hotels, the nation's third-largest hotel owner and operator, has purchased a 99-year lease to the hotel, located directly across from the exclusive Gramercy Park, for roughly $50 million and expects to reopen the property as one of the city's most luxurious hotels in 2025 following renovations. Plans include upgrades to the lobby, the 197 guest rooms, the first-floor restaurant (Danny Meyer's Maialino), and the 7,000-square-foot rooftop bar.
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See the observation deck proposed for the Chrysler Building

Proposed east-west view; Rendering by Gensler/ RFR Realty, courtesy of Landmarks Preservation Commission

May 19, 2020

See the observation deck proposed for the Chrysler Building

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An observation deck will return to the Chrysler Building. During a Landmarks Preservation Commission hearing on Tuesday, Aby Rosen's RFR Realty, which bought the Art Deco landmark last year for $151 million, presented its proposal to revamp the skyscraper's 61st and 62nd floors to allow for public access. The Chrysler Building previously housed an observatory, which opened on the 71st floor in 1945 as the Celestial.
Details this way
The Four Seasons is closing this week, less than a year after $40M reopening

Photo via Wikimedia

June 10, 2019

The Four Seasons is closing this week, less than a year after $40M reopening

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Less than a year after moving out of the historic Seagram Building and reopening a new space, the famed Four Seasons Restaurant will close Tuesday, the New York Times reported. The news comes after the restaurant reopened last year on East 52nd Street with a $40 million renovation. And last December, former managing partner Julian Niccolini resigned after pleading guilty to sexual assault in 2016.
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Chrysler Building sells for a discounted $150M, may become a hotel

Via Creative Commons

March 14, 2019

Chrysler Building sells for a discounted $150M, may become a hotel

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Update 3/14/19: A few days after Aby Rosen bought the Chrysler Building for the bargain price of $150 million, the real estate mogul told Bloomberg this week that he would consider converting the tower into a hotel.  Real estate mogul Aby Rosen has picked up another New York City landmark. Rosen's RFR Holding LLC, which controls the Seagram Building and Lever House, bought the Chrysler Building for $151 million, according to the Wall Street Journal. The sale represents a major loss for majority owner Abu Dhabi Investment Council, who paid $800 million in 2008 for a 90 percent stake in the 77-story Art Deco tower.
Details here
Bjarke Ingels is tapped for his first residential project in Brooklyn

Courtesy of LIVWRK; Photo of Ingels via Wikimedia

September 28, 2018

Bjarke Ingels is tapped for his first residential project in Brooklyn

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Bjarke Ingels' architectural dominance of New York City is growing -- the Danish starchitect has got his first commission in Brooklyn, reports Crain's. Developer Aby Rosen tapped Ingels' firm Bjarke Ingels Group to draft plans for a large new apartment project on the banks of the Gowanus Canal. The site in question -- at 175-225 3rd Street, pictured in the aerial shot above -- is currently a parking lot.
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How Prohibition restructured NYC real estate and architecture (and built the Seagram Building)

NYC Deputy Police Commissioner John A. Leach watching agents pour liquor into a sewer following a raid; via Wikimedia

September 21, 2018

How Prohibition restructured NYC real estate and architecture (and built the Seagram Building)

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One hundred years ago, the United States Congress passed a temporary Wartime Prohibition Act banning the sale of beverages with an alcohol content of over 1.28 percent. The 1918 amendment later led to full-blown Prohibition, which wouldn’t officially end until the early 1930s. Find it difficult to imagine a spirit-less New York? In 1918, many New Yorkers, including city officials, also had a difficult time imagining a New York without alcohol. After all, with alcohol banned, the future remained uncertain for an estimated 9,000 hotel and saloon properties. The city itself stood to lose roughly $18 million in tax revenues related to the sale of liquor. In the end, however, New York not only survived the Prohibition Era but, indirectly, had its architecture altered.
Booze and bootlegging this way
INTERVIEW: New York legend Jay Maisel dishes on 190 Bowery and his new photo archive
May 14, 2018

INTERVIEW: New York legend Jay Maisel dishes on 190 Bowery and his new photo archive

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Jay Maisel is best known for the incredibly expressive stories he tells through his beautiful photography. But in recent years, he's become perhaps just as well known for his New York City real estate story where he made the deal of the century when he sold his home, the Germania Bank Building at 190 Bowery. What he's not at all known for, though, are the stories he tells through the hundreds of thousands of memories that fill his home and studio. Maisel, who may appear gruff on the exterior (at 87 years-old, he still likes to shock), is actually incredibly kind and sentimental. He misses his home and all his toys that once filled the 35,000-square-foot building. Although he was initially intimidated by the size and upkeep costs of 190 Bowery, Maisel grew to love the home and raise his family there for 50 years. In 2015, he sold the building for $55 million and purchased a stately townhouse on Pacific Street in Cobble Hill for $15.5 million. (At the time, it was the most expensive townhouse sale in Brooklyn.) 6sqft sat down with Maisel and discussed his real estate coup, his move to Brooklyn (which is not “the city” in his view) and his most recent New York City photography series, entitled “Jaywalking.”
Hear from Jay and get an inside look at his life and work
Art and real estate: The new relationship that’s selling big

180 East 88th Street living room, via March Made for DDG

March 7, 2018

Art and real estate: The new relationship that’s selling big

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The architect Morris Adjmi looks to trends in art, more than in architecture, to inspire his work. “Art is more stimulating to me than the latest trends in architecture. Art is visceral and topical, it is much more immediate and it allows you to get into the zeitgeist of the time. In art, we see what is happening now, in architecture it takes a few years to show up.” More and more architects, developers, designers, and brokers believe in the powerful relationship between art and real estate. So much so, it is now understood that art sells real estate and real estate sells art. James Cavello, owner of Westwood Gallery, curated an art exhibit at 212 Fifth Avenue’s $73.8 million “Crown” penthouse with a multimillion-dollar collection of art, with works by Warhol, Rauschenberg, Cy Twombly, Robert Indiana, Charles Hinman, and Douglas Kirkland. On the relationship between art and real estate, Cavello says, “We share the same similar high net worth clients so developers and brokers look to individuals like me and my company to propose alternatives to staging the areas with furniture and drapes and, instead, work with the light and space and utilize the art as staging.” The Sotheby’s team behind 212 Fifth added that having Westwood Gallery stage art in the three-story, 10,000-square-foot unit, “Helped generate powerful awareness for Westwood Gallery with a level of visibility that is often unattainable for a stand-alone gallery.” Clearly, art and real estate have a very symbiotic relationship.
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Real estate bigwig drops $4.35M on Seth Meyers’ West Village condo
January 26, 2018

Real estate bigwig drops $4.35M on Seth Meyers’ West Village condo

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Real estate bigwig Michael Fuchs (he co-founded RFR Realty with his childhood friend Aby Rosen) paid $4.35 million for Seth Meyers' West Village condo at 302 West 12th Street, according to the Post. The “Late Night” host and his wife Alexi Ashe bought the two-bedroom unit in 2013 for $3.5 million, but after dropping $7.5 million on a five-bedroom Washington Square West co-op in summer 2016, they listed their smaller pad this past September for $4.5 million. And Fuchs must've really seen something in the apartment, because he went into contract on it just a month later.
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Creative power couple’s Yorkville duplex asks $16.5M for 13 rooms, 20-foot ceilings and a waterfall pond
October 10, 2017

Creative power couple’s Yorkville duplex asks $16.5M for 13 rooms, 20-foot ceilings and a waterfall pond

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One of several high-profile homes for a high powered creative couple and their three children, this sprawling apartment at 170 East End Avenue is both a perfect canvas for a very serious art gallerist and collector and a home that is lacking exactly nothing, including river, bridge and skyline views, 5,000 square feet of interior space, 20 foot ceilings, 13 rooms, a 150-bottle wine cellar, several terraces, a teak gazebo and a pond with its own waterfall. Indeed "truly remarkable," with interiors by renowned architect Peter Marino, the condominium, just listed for $16.5 million, has 2,186 square feet of landscaped private terraces, six bedrooms plus a library, formal dining, an eat-in kitchen, a home office, studies and lounges–all in a full-service Upper East Side building with amenities galore.
Tour this colorful mini-MoMA
$13.5M UES townhouse boasts one of Manhattan’s finest private gardens
September 28, 2017

$13.5M UES townhouse boasts one of Manhattan’s finest private gardens

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The listing tells us this six-story townhouse at 140 East 65th Street on the Upper East Side, with 18 rooms accessible by a wood-paneled elevator, is "the antithesis of the familiar, plain-vanilla, cookie-cutter developer spec house," and we'd have to agree. Asking $13.5 million, its 7,000 interior square feet and 900 square feet of private outdoor space are brimming with magnificent design details that include one of the finest private gardens in Manhattan, designed by the Curator of Japanese Gardens at the Brooklyn Botanical Garden.
Check out the endless details and rooms to spare
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