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February 26, 2018

How the Second Avenue Subway is hurting Upper East Side businesses

On Valentine’s Day, The Source, a long-running store on Third Avenue that sold everything from stationary and household cleaning products to cards and candles, closed its doors for good. Since early January, when the owner hung a going-out-of-business sign in his window, he had been telling Upper East Siders shoppers that he was shutting down for two reasons: rising rents but the drastic decline in business brought about by the Second Avenue Subway’s opening in January 2017. Although one might assume that a business like The Source is really a victim of Amazon and the rise of other online retailers, the increasing vacancy rates along Third and Lexington Avenues on the Upper East Side over the past year appear to confirm his speculation. As much as the Second Avenue Subway has been good news for businesses in Yorkville, its opening seems to have dealt a devastating blow to businesses located just west of the new line.
What’s the deal?
February 1, 2018

Drew Barrymore checks out two ritzy co-ops on the Upper East Side

Following a split from her husband in 2016, actress Drew Barrymore is looking for a new abode on the Upper East Side and has been touring apartments on some of the neighborhood's priciest blocks. According to the New York Post, the star scoped out two co-ops priced over $5 million, one at 965 Fifth Avenue and another at 1125 Park Avenue. At the Fifth Avenue digs, she saw a $5.3 million two-bedroom spread with expansive Central Park views. And over on Park, she got a look at a $5.495 million newly renovated pad. Interestingly, both places are a bit, shall we say, mature for what we'd expect from Barrymore.
See them both here
January 12, 2018

Grand Upper East Side co-op below Bette Midler’s penthouse asks $20M

A rarely-available Fifth Avenue co-op with 50 feet of Central Park frontage–and Bette Midler for an upstairs neighbor–has hit the market for $20 million, according to Curbed. This classic 11-room, five-bedroom Upper East Side home at 1125 Fifth Avenue gets those cinematic park and skyline views; the Divine Miss M has the penthouse–featured in Architectural Digest in 2014–upstairs.
Take the grand tour
January 2, 2018

This $28.75M Upper East Side townhouse is seven floors of wow factor, plus a roof terrace

The listing for this 10,000-square-foot townhouse at 51 East 80th Street calls it an "inspirational brownstone oasis," and for mere mortals who aren't planning to acquire a $28.75 million home, it's inspirational living at its finest. The 1883 Upper East Side residence recently received a thoroughly modern renovation that elevated the home's historic charm to "wow" levels.
Take the grand tour
November 4, 2017

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): HOUSE39, THE CRESCENDO, THE LANE and 180 WATER STREET Live & Play at THE CRESCENDO: Unprecedented Rental in South Bronx Leasing from $2,100/Month [link] One-of-a-Kind Rentals Debut on West Houston Street in Storied Greenwich Village Building [link] Live at The Monterey: Leasing Special at Upper East Side Rental with Health Club […]

October 28, 2017

This week’s roundup of NYC rental news

Images (L to R): CHELSEA29, 800 UNION, ARC and 363 BOND New Rental Tower ‘Chelsea29’ Offers Two Months Free & Launches Affordable Housing Lottery [link] Brand New Rentals Debut in Ridgewood at ‘The Mill’ from $2,000/Month [link] Exclusive Residences Debut at 91 Crosby Street in SoHo, Including Rare $30K Triplex Penthouse [link] Rentals Debut at […]

October 19, 2017

Katie Couric lists Park Avenue pad for $8.25M after buying a condo nearby

Last year, Katie Couric and her husband of nearly two years, financier John Molner purchased a five-bedroom full-floor apartment at the Peter Pennover-designed 151 East 78th Street, paying $12,168,087. Now, the New York Post reports that the celebrated news anchor's longtime home at 1155 Park Avenue is for sale. The 10-room co-op, listed for $8.25 million, has five bedrooms and high ceilings, large windows, original parquet flooring and treetop views over Park Avenue's famous tulip gardens. The classic Upper East Side full-service building offers a 24-hour doorman and a fitness center among its perks.
Take a look
October 16, 2017

Art meets architecture at 180 East 88th including an intricate plasterwork installation in the lobby

CityRealty previously reported on the highly anticipated–and visually unique–skyscraper rising at 180 East 88th Street. Developers DDG want the 50-story condominium tower to stand apart from the sea of glass towers rising on the Upper East Side, and renderings show that the building's design is indeed a breathtaking departure from the average both inside and out, from herringbone-patterned brickwork to each unit’s herringbone floors imported from Austria. As an example of the project's unmatched level of individuality and attention to detail, DDG is working with a series of artists, including the renowned stucco artist Jan Hooss, who is creating an intricate plasterwork installation above the fireplace that will anchor the building's lobby. Based in Stuttgart, Germany, the artist has worked with Brad Pitt and Angelina Jolie at Chateau Miraval. DDG CEO Joseph McMillan told CityRealty, "We wanted something unique and different for this building which is why we went with stucco art."
Watch a video of the artist describing his work for Brad Pitt and for the new building
October 12, 2017

Options are many for this five-story $30M Beaux-Arts limestone townhouse on Museum Mile

Currently comprised of four apartments–two triplexes and two single-floor units—the seller of this impressively ornate 1903 townhouse at 7 East 88th Street hopes potential buyers will see it as a $29.95 million opportunity to create a grand Upper East Side single-family mansion. Situated just down the block from the Guggenheim, this stunning historic building comes with proposed single-family floor plans if you need any help visualizing life on five stories (plus an English basement) from the solarium to the basement gym. If five stories seem daunting, an elevator makes things easier.
Take the five-story-plus tour
September 19, 2017

The best day trips this fall, from cemetery tours to historic mansions to corn mazes

These pretty-much-perfect months are a great time to escape the city, and with so many fun, scenic, and informative offerings nearby, you can go for the day and not have to worry about spending money on lodging. To help plan your autumn itinerary, 6sqft has put together a list of the best day trips outside of New York. From touring the Rockefeller estate in Tarrytown to a lantern-lit cemetery tour in Sleepy Hollow, we've got you history buffs covered. And for those looking for some more traditional fall fun, there's fall foliage at Bear Mountain's Oktoberfest, apple and pumpkin picking in New Jersey, and artistically carved jack o' lanterns on Long Island.
Click here for 6sqft's full list of fall day trips
August 9, 2017

A top-floor Madison Avenue studio a block from the park for $460K? Yes, it’s true.

This pre-war studio might not be huge (in fact it's only 550 square feet), but it has plenty of charm and even more location going for it. Tucked into the top floor of an elevator building at 1361 Madison Avenue, the diminutive co-op is asking $460,000 and not a penny more. Central Park is a block away, and the Upper East Side location is in the heart of the neighborhood.
Check it out
May 26, 2017

FREE RENT: This week’s roundup of NYC rental news

Tranquility Abounds at This Boutique Rental in the Vibrant East Village [link] Perfect for Summer: FiDi Rental with Rooftop Oasis is Now Leasing with 1 Month Free [link] Between Iconic Bridges, 60 Water Offers Distinct & Minimalist Design [link] Big Rooms & Kitchens Made for Cooking at Lexington Towers; Now Leasing with 1 Month Free […]

May 22, 2017

Late billionaire’s ex lists spectacular Stanhope penthouse with five terrace gardens for $65M

The 7,067 square-foot penthouse at 995 Fifth Avenue owned by Claude Wasserstein, ex wife of the late Bruce Wasserstein, former chair of investment firm Lazard, was just listed for the first time since a brief stint on the market in 2010. Wasserstein, who died in 2009, was the brother of the late playwright Wendy Wasserstein. The 11-room, five-bedroom duplex atop the Rosario Candela-designed former Stanhope hotel was purchased by Ms. Wasserstein for $34.8 million in 2008, The Real Deal reports. In addition to five garden-like wraparound terraces crafted by landscape designer Madison Cox, "epic NYC views" and 72 linear feet of Central Park frontage, the full-service building offers top-drawer amenities like a gym and a spa. But does all of that add up to $65 million–$9,285 per square foot?
Get lost in the terraces and gardens overlooking Central Park
April 26, 2017

Manhattan’s last intact Gilded Age mansion can be yours for $50M

A few weeks ago the New York Post reported that the six-story Beaux Arts mansion at 854 Fifth Avenue that had belonged to the granddaughter of railroad baron Cornelius Vanderbilt and which most recently housed Serbia’s Permanent Mission to the United Nations was about to hit the market for $50 million. Built in 1905 for stockbroker and future governor of Rhode Island R. Livingston Beeckman and designed by the same firm that designed Grand Central Station, the building is virtually unchanged, including hand-carved balustrades of white marble, ceiling frescoes of angels and clouds and an original working stove. The opulent abode includes two elevators, eight bathrooms and 32 rooms in total. Now officially listed for sale, the storied Upper East Side manse reportedly already has six potential buyers.
Find out more about this rare piece of New York City history
April 17, 2017

Glamorous $5.5M UES co-op sits directly across from the Metropolitan Museum of Art

This is a prime Upper East Side location if we've ever seen one: the three-bedroom co-op at 1016 Fifth Avenue is located directly across from the Metropolitan Museum of Art with unobstructed views. After a full renovation the apartment has hit the market for $5.495 million. (It last sold in 2011 for $3.35 million.) It's undeniably luxurious, and not just because of the location. The apartment is only one of two when you exit the elevator, and the interior is flanked with columns, built-in bookcases, a fireplace and much more.
Take a look
March 28, 2017

First look at the interiors of Waterline Square’s trio of towers

As 6sqft reported in November, a trio of glassy residential towers is rising on the five-acre waterfront site between West 59th and 61st Streets that comprises part of Riverside Center. Known as Waterline Square, the megaproject will offer a combination of condos and rentals, a Mathews Nielsen-designed park, and an impressive roster of starchitects–Richard Meier and Partners, Rafael Viñoly Architects, and Kohn Pedersen Fox Associates. CityRealty now reports that the development team has announced the trio of designers who will shape the interiors--Champalimaud, Yabu Pushelberg and Groves & Co.--which comes with a fresh set of renderings.
Check on the progress of this megaproject
January 23, 2017

Socialite Georgette Mosbacher lists luxurious full-floor, Fifth Avenue co-op for $29.5M

This grand Fifth Avenue co-op belongs to the socialite and political fundraiser Georgette Mosbacher, who has hosted everyone from King Juan Carlos I of Spain to Tom Hanks to Presidents George H. W. Bush, Bill Clinton and Donald Trump at her apartment. It occupies the entire fifth floor of 1020 Fifth Avenue, a prestigious limestone cooperative, and it's now asking $29.5 million. Mosbacher, who has lived here since 1992, told the New York Times, "It’s come to a point where I want to make a change in my life, and it won’t happen unless I shake it up." So now the palatial pad could be yours.
Take the grand tour
January 6, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

Midtown West’s Mercedes House with 80,000+ Square Feet of Amenities Now Offering Two Months Free on Select Leases [link] Up to Two Months of Free Rent at Murray Hill’s The Frontier [link] Two Months Free with 18-Month Leases at Battery Park City’s Gateway Rentals [link] Brodsky Offering Up to Three Months Free at City Tower […]

January 5, 2017

Get 2-for-1 tickets at 74 museums, venues, tours during NYC Attractions Week

If you hate flying solo, this deal is for you. Starting January 17th, the city will kick off its first ever NYC Attractions Week, a 20-day (not 7!) extravaganza that will offer two-for-one admission at more than 70 New York destinations and experiences, including museums like the Guggenheim and Cooper Hewitt, rides to the top of the Empire State Building and One World Trade Center, access to Lincoln Center and The Metropolitan Opera House, and much more.
find out more and #seeyourcity
December 28, 2016

Elegant UES co-op brings designer details to a gilded-age Georgian mansion for $1.1M

Many an Upper East Side apartment boasts gracious rooms, decorator swag and grandeur to spare. This one-bedroom co-op at 18 East 84th Street in a prime spot just off Fifth Avenue has designer cred with cool, creative execution–and it doesn't sacrifice a bit of grandeur. This enviable "penthouse" residence is on the top floor of a turn-of-the-century Georgian mansion with plenty of original historic details joining unique and stylish interiors; it's currently asking $1.095 million.
Take the tour
November 22, 2016

Betsey Johnson unloads her pretty pink Upper East Side condo for $1.8M

Iconoclastic designer Betsey Johnson has found a buyer for her Upper East Side condo at 30 East 85th Street. The zany fashionista with a passion for pink purchased the 850-square-foot pad at the top of the market in 2008 for $1.85 million and listed it for $2.25 million in May. With no takers, the price was chopped to $1.8M in October, and the home recently went into contract according to the New York Observer.
See more of the girly-glam pad
November 17, 2016

A penthouse off Central Park on the Upper East Side for $190K? Believe it!

For those of you who say you'd live in a closet just to be near the park, this might be your dream home. And this petite penthouse at 103 East 84th Street isn't just any closet (though it does appear to be under 200 square feet); not only is this unique co-op in a lovely full-service elevator building off Park Avenue, but the space that has been called "Manhattan's most adorable penthouse" boasts a charming and sizeable private terrace to rival many a million-dollar property.
Find out more about this charming garret
October 20, 2016

‘Shark Tank’ guru Barbara Corcoran unloads Upper East Side co-op for $4.8M

Real estate legend and "Shark Tank" star Barbara Corcoran bought a glamorous duplex penthouse on the Upper East Side back in April 2015. She and her husband, former FBI agent William Higgins, dropped $10 million on the pad, quite the steal considering it originally listed for $17 million. A year later, they listed their other home in the 'hood, a classic Rosario Candela-designed co-op at 1192 Park Avenue. Now, five months later, they've unloaded the home for $4.87 million (h/t NYP), just under the $4.9 million asking price and a good deal more than the $3.5 million they bought it for in 2000.
See the apartment here
June 6, 2016

To Increase Affordable Housing, De Blasio Pushes Bill to Lift Development Caps

In a continued quest to push ahead with his goal of adding/preserving 200,000 units of affordable housing over the next decade, Mayor de Blasio is backing a bill that will end state-imposed FAR (floor-area-ratio) caps to promote the construction of affordable housing. By lifting the size limits for residential buildings, and thereby increasing the number of units, neighborhoods currently affected by the cap, such as the Financial District, Midtown, and Hudson Yards, "could see both market-rate and affordable-housing stock soar," reports the Post. However, opponents of the bill feel that there's an underlying motive, catering to developers who have recently been called out for making hefty contributions to de Blasio.
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