Search Results for: On The Square apartments

November 29, 2018

Most expensive condo listing in Queens gets price cut despite Amazon announcement

While real estate prices are expected to rise in Long Island City and the surrounding area due to Amazon's impending move to the neighborhood, one listing has lowered its price. The most expensive apartment in the borough of Queens, located at 46-30 Center Boulevard, is on the market again, the New York Post reported. The penthouse, which sits just north of the Pepsi-Cola sign, is asking $3.65 million, less than the $4.25 million it was listed for in 2017. Soon after Amazon announced their move to Long Island City, interest in the neighborhood surged. As 6sqft previously reported, searches for residential apartments in the neighborhood are up 281 percent compared to the daily averages prior to the Amazon news.
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November 26, 2018

5 of the best suburbs outside of New York City

There was a time when New Yorkers, even those with the means to live in some of the city’s wealthiest neighborhoods, willingly packed up their homes and fled to the suburbs. While it may be difficult to imagine now, at different points in history, moving to the suburbs has been considered desirable and even a sign of one’s upward mobility. After all, why cram into a walkup with your family of six when you could spread out in a rambling suburban bungalow with a two-car garage? Today, many aging members of Gen-X and their younger millennial counterparts—who often came of age in the suburbs—are stubbornly toughing it out in the small urban apartments for the entire life cycle, but this doesn’t mean that the suburbs don’t have a lot to offer.
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November 26, 2018

Long Island City advocates want to obtain a city-owned building before Amazon takes over

Long Island City advocates are requesting ownership of a city-owned building that sits on land soon to be developed by Amazon for its second headquarters, as the Wall Street Journal first reported. The sprawling, block-long structure at 44-36 Vernon Boulevard currently houses offices related to the city's Department of Education along with over 1,000 staff members. For the past three years, local residents have asked for the building to be turned into a community facility. With all eyes on Long Island City due to Amazon's impending move there, advocates believe this is their last chance for the community to take over the property.
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November 16, 2018

Plan for 1,500 units of affordable housing in LIC at risk as Amazon gets ready to move there

A plan to create 1,500 units of affordable housing in the Anable Basin area of Long Island City will most likely be scrapped, as Amazon prepares to open its headquarters on that same land, Politico reported. Amazon announced this week plans to bring its second headquarters to the Queens neighborhood on land currently owned by plastics company Plaxall, as well as some parcels owned by New York City. Previous plans from Plaxall and the city, who hired developer TF Cornerstone to build a mixed-use campus at the site, called for 1,250 and 250 units of affordable housing, respectively. But an Amazon spokesperson told Politico there will be no housing at its new complex.
Amazon in, affordable housing out
November 15, 2018

$3.2M Nomad co-op atop the historic Gilsey House has a mini solarium and a rooftop oasis

The landmarked Gilsey House at 1200 Broadway was once one of several fashionable Broadway hotels to open after the Civil War, and many of these historic details remain, complemented by the kind of 21st-century updates we expect to find in this once-again fashionable neighborhood. The 1871 Second Empire cast-iron building has become a NYC fixture, known for its three-story mansard roof, and it's right above this iconic roof that this $3.2 million penthouse is perched. In addition to the landscaped roof deck, complete with a water tower and Empire State Building views, the three-bedroom pad has a sprawling loft layout, two skylights, and a mini solarium.  
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November 14, 2018

My 3,400sqft: How an extensive renovation revived this eclectic, century-old Ditmas Park home

Advertising professional Stephanie Berman went into a design consultation with designer Fauzia Khanani, of Studio Fōr, simply seeking advice on decor for her Ditmas Park home. “I figured that Fauzia might help me choose a few new throw pillows and maybe a rug or two," Stephanie told us, "but once we sat down to talk, I realized that soft furnishings were not going to do it." After the free two-hour session, won through a silent auction at work, Stephanie and her husband Drummond concluded they actually wanted a full renovation of their century-old home, where their family has lived for over a decade. Through an in-depth collaboration with Fauzia, the Bermans' home was refreshed with brightly painted walls, Mid-century modern touches, eclectic elements, and, of course, new throw pillows. For this project, the first in the neighborhood for Studio Fōr, Fauzia told us: "We wanted to add some modernity to the house but also be respectful of the original design and context."
See inside Stephanie's cozy home
November 8, 2018

Uber’s co-founder Travis Kalanick picks up $36M Soho penthouse with heated rooftop pool

Travis Kalanick, the co-founder of Uber who was forced to resign last year after failing to report sexual harassment allegations at the company, has purchased a Soho penthouse for $36.4 million. According to the Wall Street Journal, Kalanick now owns a full-floor duplex penthouse at 565 Broome Street, a 30-story tower, still under construction, designed by Renzo Piano. The sprawling 6,655-square-foot home features four bedrooms, three terraces, and a private rooftop with a heated pool. It was first listed in April for $40.5 million.
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November 7, 2018

Amazon looking at proposed Anable Basin mixed-use site for new home in Long Island City

With Amazon nearing a deal to make Long Island City home to its second headquarters, a big question remains: Where in the Queens neighborhood will the tech-giant house its 25,000 employees? One possible location sits within a waterfront area known as Anable Basin, named for a 150-year-old inlet, sources familiar with the plan told Politico New York. As 6sqft reported last November, the family-owned plastics company Plaxall, who owns the site, proposed a massive rezoning of the area that would allow for 335,000 square feet for industrial spaces, nearly 5,000 housing units, and a new public school.
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November 7, 2018

Rent a turreted 10-room wing of the Upper West Side’s famous Ansonia co-op for $21K a month

Here’s a chance rent a sprawling space in the famous Ansonia on the Upper West Side for $21,000 a month. The 2,900-square-foot pad offers stunning views from east, south, and west exposures. The capacious co-op is the result of combining three units that formed their own wing of the building, representing the largest original layout ever designed by the building’s architect, Duboy of Graves and Duboy. The apartment was listed for sale in back in 2015 for $12M.
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November 6, 2018

Amazon’s HQ2 could be headed to Long Island City

Amazon is close to naming Long Island City home to its second headquarters, following a competitive, yearlong search by the tech giant. The company is reportedly splitting "HQ2" between two locations, with the other being Crystal City, Virginia, a suburb outside of Washington, D.C, according to the New York Times. The news comes less than a week after New York City announced plans to invest $180 million in the infrastructure of the evolving Queens neighborhood.
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November 5, 2018

Lottery launches at church-replacing affordable senior housing development in the Bronx

Applications are now being accepted for 43 affordable senior housing apartments in the Foxhurst neighborhood of the Bronx. Formerly home to the Home Street Presbyterian Church, the new residential building at 1017 Home Street offers amenities like an on-site super, lounge, fitness center, bike room, a roof terrace, and card-operated laundry. Available studio and one-bedroom apartments are set aside for seniors who are 62 years or older and who earn a maximum of $41,750 per year. Eligible residents pay 30 percent of their income and must qualify for Section 8.
Find out if you qualify
November 2, 2018

The Durst Collection shows ‘New York Rising’ from the 17th century to the skyscraper age

If you want to go on a visual journey that begins with Manhattan's first European settlement, way back in the seventeenth century, up through the skyscrapers and urban planning of the late twentieth century, look no further than New York Rising: An Illustrated History from the Durst Collection. The book, set to come out on November 13th, originates from the sprawling Durst Collection at Columbia University's Avery Architectural & Fine Arts Library. Incredible photography captures the most definitive parts of New York history, accompanied by the thoughts of ten scholars who were asked to reflect on the images. Their writing ranges from the emergence of public transit to the "race for height" to affordable housing. 6sqft spoke with Thomas Mellins, who edited the book with Kate Ascher, on their efforts delving into the Durst Collection -- which has its own unique history -- to come up with this comprehensive visual history. See a selection of photos from the book, along with thoughts from Mellins, after the jump.
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October 31, 2018

City plans to invest $180M in Long Island City infrastructure

Yesterday the de Blasio Administration released the Long Island City Investment Strategy, an effort by the city to support sustainable growth in the waterfront neighborhood. Following an upzoning in 2001, the area has seen incredible transformation in the form of thousands of new apartments and waterfront towers. The city admits that the reason behind its strategy is such rapid development, which has strained neighborhood resources and the quality of life of residents. $180 million is designated for the area, which is on top of $2.2 billion the city says its already invested over the years. "We are investing $180 million in Long Island City to address the needs of today while preparing for a more sustainable future." Mayor de Blasio stated in a press release.
Where will the money go?
October 30, 2018

New East New York complex opens affordable housing lotto for 120 units, from $413/month

Two years ago, the city and MacQuesten Development broke ground on Van Sinderen Plaza, a redevelopment of two vacant lots in East New York into a 155,000-square-foot mixed-use complex with 130 high-quality affordable apartments, as well as retail and community space. Located just off the New Lots Avenue stop on the L train, the two-building project was built for extremely low-, very low-, and low-income households, or those earning 30, 40, 50, or 60 percent of the area median income. Apartments range from $413/month one-bedrooms to $1,281/month three-bedrooms.
Find out if you qualify
October 26, 2018

Long Island City’s Skyline Tower will be the first billion-dollar condo in Queens

Skyline Tower at 23-15 44th Drive in Long Island City, Queens, just got approved to begin sales, with a marketing plan that estimates a $1.088 billion sellout price, making the 66-story condominium the first in the borough to break the one billion mark, Bloomberg reports. The milestone isn't the only superlative for the building, formerly known as Court Square City View. The 778-foot tower is on a course to become the borough's tallest building.
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October 24, 2018

First tower in Cobble Hill’s LICH-replacing River Park condo project launches sales

Sales began this week at 5 River Park, the first new tower to rise in the River Park project, the seven-building masterplan redevelopment of the former Long Island College Hospital Site. The new building, whose address is 347 Henry Street, is the first to hit the market in phase two of a masterplan comprised of the project's first three new towers, which in turn are part of Fortis Property Group's $240 million plan to transform the Cobble Hill facility into market-rate condos and a clinic.
Amenities, interiors this way
October 23, 2018

Billionaire Bill Ackman in contract to buy a $22.5M Upper West Side penthouse

Hedge fund manager/billionaire Bill Ackman is set to buy a 13-room penthouse on the Upper West Side for close to $22.5 million, as first reported by the Wall Street Journal. Available for the first time in 40 years, the four-bedroom home at 6 West 77th Street was formerly owned by the late author, Nancy Friday. Ackman, who in 2015 bought the penthouse at One57 for $91.5 million as a "fun investment," is the founder of Pershing Square Capital Management and has a net worth of over $1 billion.
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October 22, 2018

With sales still sluggish, Trump Tower sees only its second deal of the year

A one-bedroom on the 57th floor of Trump Tower closed earlier this month for $1.825 million, marking just the second sale of 2018 at the Midtown building, as Mansion Global first reported. Comparatively, there were seven sales in 2017 and eight in 2016 at the building, developed by President Donald Trump. While the sales slump at Trump Tower reflects a broader decline in sales at luxury properties across Manhattan, politics surrounding the building may also be playing a role.
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October 19, 2018

Updated looks for COOKFOX’s Domino Sugar building, Williamsburg’s will-be tallest

Fully above ground, the second tower to rise at the massive Domino Sugar site has a pair of new renderings. Designed by COOKFOX Architects, 1 South First (previously 260 Kent Avenue) is a 42-story mixed-use tower on the Williamsburg waterfront development, which was formerly home to the sugar manufacturing facility. When 1 South First opens next fall, it will join already opened 325 Kent Avenue and Domino Park, all developed by Two Trees Management.
See them here
October 18, 2018

Trump name finally gets dumped from Upper West Side apartment building at residents’ request

In May, after a year of resistance from the Trump Organization, a judge ruled that an Upper West Side condo could have the president’s name expunged from the exterior of their 46-story building. Condo owners at 200 Riverside Boulevard voted to remove the bronze letters spelling “TRUMP” on the building, where they have hung for nearly two decades. Today they get their wish as their building joins three neighboring ones in dumping the Trump sign, the New York Times reports. Workers will remove the offending letters from the front and rear facades of 200 Riverside Boulevard; the building will become known merely by its address, like so many others in the city.
Find out how they did it
October 17, 2018

Asking $1.35M, this chic Village floor-through with a private garden is two studios waiting to merge

This prime Greenwich Village floor-through home at 19 West 9th Street just off lower Fifth Ave offers a fortunate opportunity: Located on the original garden floor in a row of three adjoining 1870s Italianate townhouses comprising a 16-unit boutique co-op, the space, asking $1.35 million, is currently divided into two studio units. The two apartments had previously been one open floor plan, and rejoining them, according to the listing, is as easy as re-opening a hallway closet to connect front and back.
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October 15, 2018

Coney Island’s ‘Miami-inspired’ Ocean Dreams rental project tops out

Last spring, 6sqft revealed new renderings of grocery store king (Red Apple, Gristede's) John Catsimatidis' 425-unit Coney Island rental project at 3514 Surf Avenue known as Ocean Dreams. According to The Real Deal, Catsimatidis’ Red Apple Group secured a construction loan for $130 million from Bank of America for the project back in June. Now, the New York Times has reported that the pair of 21-story luxury apartment towers overlooking the Atlantic on the island's western end has topped out and is scheduled to open next summer.
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October 12, 2018

How the Lower Manhattan Cultural Council has kept art thriving through FiDi’s ups and downs

When the Lower Manhattan Cultural Council (LMCC) was founded in 1973, it set out to bring the arts to Lower Manhattan, a neighborhood that already had an established reputation for being first and foremost a site of business, not pleasure. What the organization’s founder, Flory Barnett, could not have foreseen at the time of the LMCC’s founding is that over the coming four decades, Lower Manhattan would face more challenges than nearly any other New York City neighborhood. From the attacks on 9/11 to the devastating fallout of the 2008 economic crisis to the occupation of Zuccotti Park in 2011, in recent years, Lower Manhattan has been at the epicenter of some of the city’s and nation’s most historic moments. Throughout these events, the LMCC has persisted and in many respects, played a pivotal role in helping the neighborhood transition into the vibrant and diverse neighborhood it is today: a place where people not only work but also live and spend their leisure time.
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October 11, 2018

Lottery launches at brand new rental in Prospect-Lefferts Gardens, from $1,525/month

Applications are now being accepted for 51 middle-income apartments and The Clark, a newly constructed 8-story building in Prospect-Lefferts Gardens. The Brooklyn building, located at 310 Clarkson Avenue just a short walk from Prospect Park, features a ton of amenities, including an attended lobby, in-unit washer/dryer, dog run, fitness center, a media room, co-working space, and a furnished penthouse space. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments ranging from $1,525/month studios to $2,635/month three bedrooms.
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