Search Results for: On The Square apartments

Two neighboring Harlem townhouses have seen a big price drop since hitting the market last year. First listed for a combined $27 million, the historic homes at 32 and 33 Mount Morris Park West are currently listed separately for $7.95 million and $3.95 million, respectively. The 7,000-square-foot, five-bedroom property at 32 Mount Morris Park has been respectfully gut-renovated, while the townhouse next door, which has the same footprint and unique architectural elements, needs restoration work.
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Distinctive Homes

March 10, 2020

City seeks ideas for two 100 percent affordable senior complexes on NYCHA land

The city is looking to construct two affordable senior complexes with between 150 and 200 housing units each. The Department of Housing Preservation and Development on Friday released a request for proposals for two underused city-owned sites, one in the Bronx's Morrisania neighborhood and the other in Crown Heights in Brooklyn. The developments fall under Mayor Bill de Blasio's administration's "Seniors First" housing program, which aims to serve 30,000 senior households by 2026 through the creation and preservation of affordable housing.
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Sales launch for Waldorf Astoria’s luxury condos, starting at $1.7M studios

Rendering by Noë & Associates/The Boundary

March 4, 2020

Sales launch for Waldorf Astoria’s luxury condos, starting at $1.7M studios

Residential condo sales have launched at the newly-imagined Waldorf Astoria, which has been closed for renovations since 2017. The launch, complete with a new website offering a sneak peek inside the iconic building, comes at a time when ultra-luxe apartments have become a tougher sell in a market loaded with competition and unsold units, as The Real Deal reports. The residential portion of the building sits above the renovated hotel, with 375 condos and 50,000 square feet of amenities including private bars, a 25-meter pool and a fitness center.
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Massive Lenox Terrace redevelopment has been rejected by the City Council Zoning Committee

Rendering credit: Davis Brody Bond

February 27, 2020

Massive Lenox Terrace redevelopment has been rejected by the City Council Zoning Committee

The City Council's Zoning Committee voted unanimously to reject a proposed redevelopment of Harlem's Lenox Terrace housing complex on Wednesday. The site's owner, the Olnick Organization, has been seeking approval for a mixed-use development with five 28-story towers to be constructed at the complex. This week's decision is expected to be a sign of what's to come when the project comes to a vote before the full City Council next month. But Olnick has already signaled that they have a scaled-down backup plan for the site that won't require a rezoning.
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Policy

Judge upholds decision to halt Two Bridges megatowers from rising

Rendering: Handel Architects.

February 26, 2020

Judge upholds decision to halt Two Bridges megatowers from rising

State Supreme Court Judge Arthur Engoron upheld an August 2019 ruling that four towers planned for the Lower East Side Two Bridges development cannot move forward. The judge’s decision invalidates the City Planning Commission’s 2018 approval of the towers on the grounds that City Council authority regarding the land-use review process was illegally bypassed and that the controversial skyscrapers must go through the city's full application process. The ruling prevents the Department of Buildings from issuing permits until the multi-billion dollar project has the proper approvals. The decision represents a rare victory for those opposed to the skyscrapers, including the City Council and Manhattan Borough President Gale Brewer and several Lower East Side and Chinatown community groups.
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For $7.5M, George S. Kaufman’s one-time ‘European’ townhouse on the Upper East Side

Photos by Guillaume Gaudet, courtesy The Corcoran Group

February 21, 2020

For $7.5M, George S. Kaufman’s one-time ‘European’ townhouse on the Upper East Side

Celebrated playwright George S. Kaufman lived at 158 East 63rd Street in the 1920s, when he was part of the Algonquin Round Table circle of New York artists. As such, a young Moss Hart visited him at his Upper East Side home and later described seeing the home for the first time as an "illuminating and expensive moment" in his autobiography "Act One." The townhouse is now on the market again for $7.5 million, and its show-stopping features--a deep garden, European-style architecture, and a handsome library--are all still intact.
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Distinctive Homes

Image by Scott Frances for Related-Oxford

February 19, 2020

See the views from NYC’s highest outdoor residential space at 15 Hudson Yards

Adding to Hudson Yards' height superlatives, the city's highest outdoor residential amenity space has opened at 15 Hudson Yards. Rising 900 feet in the air, "Skytop" features 6,000 square feet of curvy indoor-outdoor space, which follows the shape of the building's crown. Designed by Diller Scofidio + Renfro with interiors by Rockwell Group, the amenity space offers unobstructed views of the Hudson River and beyond.
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Listing photos by Rich Caplan for The Michael Graves Team, Compass

February 14, 2020

Carmelo Anthony lists his massive Chelsea condo with High Line views for $12.85M

After saying goodbye to the Knicks, NBA star Carmelo Anthony is also hoping to bid adieu to his massive, full-floor Chelsea condo. According to Compass, who holds the $12,850,000 listing, Melo is looking for another (we'd guess smaller) NYC-area home as he recently signed a new contract with the Portland Trailblazers. The apartment is in the boutique condominium 508 West 24th Street, and thanks to its fifth-floor location, it has beautiful views of the High Line below.
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Rendering courtesy of the Olnick Organization

February 12, 2020

Alternative plan for Harlem’s massive Lenox Terrace development gets rid of affordable units

Amidst pushback from locals and activists, the Olnick Organization has released a Plan B proposal for its Lenox Terrace expansion, reports the Post. Last week, the City Planning Commission approved an application from the complex's owner to rezone part of the neighborhood and allow five 28-story towers with a mix of market-rate and affordable units to be built at the site. The alternate plan unveiled on Tuesday presents a scaled-down version that wouldn't require a zoning change but also wouldn't include any of the affordable units or public amenities in the original plan.
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Policy

180 Broome Street on left; Rendering by Moso Studio

February 4, 2020

Lottery launches for 121 units at new Essex Crossing rental, from $562/month

An affordable housing lottery is set to launch Wednesday for 121 mixed-income units at a brand new Lower East Side rental. The Artisan, located at 180 Broome Street, is part of the nine-site Essex Crossing development. The tower contains 263 apartments, retail at street level, office space on levels two through five, and underground access to the Market Line. Qualifying New Yorkers earning 40, 60, 130, or 165 percent of the area median income can apply for the apartments, which range from $562/month studios to $3,770/month three-bedrooms.
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Affordable Housing

Luxury senior housing set to open in Brooklyn Heights’ former Leverich Towers Hotel

Photo courtesy of Watermark at Brooklyn Heights

February 4, 2020

Luxury senior housing set to open in Brooklyn Heights’ former Leverich Towers Hotel

A luxury senior housing community is coming to Brooklyn Heights at 21 Clark Street. Built in 1928 as the Leverich Towers Hotel (famous for hosting the Brooklyn Dodgers when they were in town for home games), the 16-story building was bought by the Jehovah's Witnesses in 1975 and used as a residence hall for about 1,000 local volunteers. The current project is being co-developed by Watermark Retirement Communities and Kayne Anderson Real Estate, who bought the building from the Witnesses for $200 million in 2017 and poured an additional $130 million into renovations across the 310,000 square-foot property. The revamped residences are on schedule to open in March with units starting at $10,000 a month, according to Commercial Observer.
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New Developments

Lenox Terrace rezoning in Harlem gets green light from City Planning

Photo: Lenox Terrace Aerial; Credit: Davis Brody Bond

February 4, 2020

Lenox Terrace rezoning in Harlem gets green light from City Planning

A plan to bring a mixed-use development with five buildings and 1,600 apartments to Central Harlem got a much-needed approval on Monday. The City Planning Commission voted in favor of an application from the Olnick Organization to rezone part of the neighborhood, clearing the way for five 28-story luxury towers to be constructed at the existing Lenox Terrace complex.
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Policy

This $2.5M Gramercy co-op comes with a key to the park and an opportunity to buy the place next door

Photo credit: DDReps, courtesy of Compass.

January 30, 2020

This $2.5M Gramercy co-op comes with a key to the park and an opportunity to buy the place next door

First things first: If you should happen to move into this elegant pre-war residence at 34 Gramercy Park East, we hope you like Jimmy Fallon. Because he owns five apartments in the building (Richard Gere also owns a unit here). Built in 1883, it's also NYC’s oldest co-op, known for its Aesthetic Movement architecture and stunning lobby with a Tiffany glass ceiling. The $2.495 million asking price for this two-bedroom co-op also gets you Gramercy Park views, and, of course, that mythical key to New York City's only private park.
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Distinctive Homes

Construction of Upper West Side’s tallest tower can proceed

Rendering of 50 West 66th Street courtesy of Binyan Studios/ Snøhetta

January 28, 2020

Construction of Upper West Side’s tallest tower can proceed

Construction of Extell's controversial supertall on the Upper West Side can move forward, the city's Board of Standards and Appeals ruled Tuesday. In an unusual 2-2 split decision, the BSA said the mechanical space planned for the tower at 50 West 66th Street is appropriate, rejecting a challenge from the preservation organization Landmark West. The group had argued that Extell abused the zoning code by including tall mechanical floors in its design in order to boost the overall height of units at the building, without increasing square footage.
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Policy

Williamsburg’s Dime Savings Bank opens affordable housing lottery, from $2,116/month

Renderings courtesy of Fogarty Finger Architects

January 27, 2020

Williamsburg’s Dime Savings Bank opens affordable housing lottery, from $2,116/month

A housing lottery has just launched for 54 newly constructed units inside the 23-story tower rising next to the historic Dime Savings Bank in Williamsburg. At a height of 264 feet, the mixed-use development is among the tallest in the neighborhood and includes ground-floor retail, 100,000 square feet of office space, and 178 rental apartments. The 109-year-old bank will be preserved and integrated into the project. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $2,116/month studios to $3,150/month three-bedrooms.
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Affordable Housing

New details and looks for Essex Crossing’s second condo building

Credit: VMI Studio

January 24, 2020

New details and looks for Essex Crossing’s second condo building

By Andrew Berman of Village Preservation

Sales will launch at Essex Crossing's second condo building this spring, developers announced. Dubbed One Essex Crossing, 202 Broome Street is the seventh of nine buildings currently under construction or completed at the Lower East Side site. A teaser website and new rendering were released this week for the 83-unit tower, as first reported by Curbed NY, as well as additional details about the impending sales launch.
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From Civil War generals to Oscar winners: 7 historic figures who called 14-16 Fifth Avenue home

Streetview of 14-16 Fifth Avenue, Map data © 2020 Google; Painting of Henry Breevort via public domain, Photo of General Daniel Edgar Sickles courtesy of the Library of Congress, and photo of Celeste Holm via public domain

January 17, 2020

From Civil War generals to Oscar winners: 7 historic figures who called 14-16 Fifth Avenue home

Madison Realty Capital filed plans last month to demolish 14-16 Fifth Avenue, a five-story apartment building constructed in 1848, and replace it with a 244-foot-tall tower. Because it is located within the Greenwich Village Historic District, it can only be demolished if the city's Landmarks Preservation Commission rules that the building itself is of no historic or architectural merit, and does not contribute to the character of the district (the public hearings where this would be debated and decided have not yet been scheduled). What may seem like a nondescript apartment building actually has an incredibly rich and varied history. Throughout its 170-year history, 14-16 Fifth Avenue was home to Civil War generals, Gold Rush writers, Oscar-winning actors, railroad magnates, pioneering industrialists, inventors, and politicians. What follows is just some of the history behind this easily-overlooked lower Fifth Avenue landmark.
One building, tons of history

Plans filed for large apartment building on parking lot of classic Coney Island restaurant Gargiulo’s

View of 1517 Surf Avenue; Photo courtesy of Ace Aerial

January 9, 2020

Plans filed for large apartment building on parking lot of classic Coney Island restaurant Gargiulo’s

The owner of a 100-year-old Italian restaurant in Coney Island has agreed to lease the establishment's neighboring parking lot to a luxury real estate developer. Gargiulo's Restaurant owner Louis Russo filed a 99-year ground lease for the lot at 1517 Surf Avenue, located about one block from the boardwalk, with developer LCOR, as first reported by the Brooklyn Paper. According to the developer, plans will likely involve a mixed-income residential development and ground-floor retail.
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New Developments

For $7K/month, this Chelsea duplex is both penthouse and townhouse, roof terrace included

Images courtesy of Halstead.

January 9, 2020

For $7K/month, this Chelsea duplex is both penthouse and townhouse, roof terrace included

Available on February 15 as a short- or long-term rental, this duplex occupies the top two floors of a charming brick townhouse at 426 West 22nd Street on a prime Chelsea block. The 1,168-square-foot two-bedroom unit is two flights up, one of three apartments in the townhouse which is also on the market for $7.5 million. The penthouse, asking $7,000 a month, features a 160-square-foot terrace and top floor loft space.
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Distinctive Homes

For $1.9M, this spacious Midtown East condo has two bedrooms and a huge roof terrace

Listing images by Bernadett Pava; courtesy of Compass

January 6, 2020

For $1.9M, this spacious Midtown East condo has two bedrooms and a huge roof terrace

This Midtown East condo ticks all the (right) boxes: it's located in a Rosario Candela-designed building at 135 East 54th Street, comes with an expansive roof terrace bigger than most people's apartments, and is only a short walk away from the Museum of Modern Art and Central Park. The approximately 1,200-square-foot, two-bedroom is now on the market seeking $1.895 million.
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Distinctive Homes

Sales at Trump-branded condos continue to fall behind the rest of Manhattan

Photo by Krystal T via Flickr cc

January 2, 2020

Sales at Trump-branded condos continue to fall behind the rest of Manhattan

In November, 6sqft shared data that showed sales at Trump Tower were still in a post-2016 slump, but year-end figures show that the decline is a larger trend across Trump-branded buildings in NYC. According to CityRealty's annual Manhattan Year-End Report, "In the third full year of Donald Trump’s presidency, the average sales price for the 11 Trump-branded condos in Manhattan once again fell below the Manhattan condo average."
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Real Estate Trends

December 31, 2019

6SQFT’S TOP STORIES OF 2019!

By 6sqft

As we wrap up 2019, 6sqft is taking a look back at the top stories of the past 12 months in topics like apartment tours, new developments, news, and city guides. From a rare look inside a 220-square-foot Chelsea Hotel SRO to guides to the city's best museums to plenty of news about the newest openings at Hudson Yards, these are the stories that readers couldn't get enough of.
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Uncategorized

December 27, 2019

Ultra-high-end sales defined the 2019 real estate market

Throughout the year, there was much speculation that the real estate market was on a decline, but according to CityRealty's annual Manhattan Year-End Report, ultra-high-end sales continue to keep the market strong. On par with 2018's 228 sales, this year saw 221 sales at $10 million or more, totaling $4.6 billion, up from last year's $4.2 billion. As CityRealty tells us, this is "largely due to big-ticket purchases near the southern end of Central Park, most notably at 220 Central Park South," which accounts for one-third of that total, as well as a glut of new development condos coming online.
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Real Estate Trends

Jersey City set to get its first Whole Foods at Harborside

Rendering courtesy of Mack-Cali

December 26, 2019

Jersey City set to get its first Whole Foods at Harborside