Search Results for: On The Square apartments

Snag a middle-income apartment in COOKFOX’s EŌS from $1,448/month

Image courtesy of EŌS

December 1, 2017

Snag a middle-income apartment in COOKFOX’s EŌS from $1,448/month

EŌS, a COOKFOX Architects-designed 47-rental mixed-use tower in Midtown West, is accepting applications for 19 newly constructed, middle-income studio, one- and two-bedroom apartments. Located at 855 Sixth Avenue (aka 100 West 31st Street), EŌS sits just a quick walk away from nearby shops, restaurants and transit options found in Midtown, Chelsea and the Flatiron District. Qualifying New Yorkers earning 90, 100, 110 and 120 percent of the area median income can apply for units ranging from a $1,448-per-month studio to a $2,519-per-month two-bedroom.
Find out if you qualify

Affordable Housing

$11K/month Ellipse tower penthouse is now Jersey City’s most expensive rental

An earlier rendering of the Ellipse tower, via LeFrak Organization

December 1, 2017

$11K/month Ellipse tower penthouse is now Jersey City’s most expensive rental

By Devin Gannon

An apartment in LeFrak Organization’s 41-story luxury tower, the Ellipse, just became the most expensive rental listing in Jersey City. According to The Real Deal, the unit is the biggest of the building’s five penthouses and features four bedrooms, four bathrooms and a terrace with city views. When LeFrak first launched leasing for the building at 25 Park Lane, the 2,300-square-foot pad was originally listed as $8,211 per month.
More this way

New renderings and more funding for South Williamsburg’s Dime Savings Bank site

The Dime, rendering courtesy Fogarty Finger Architecture and Interiors.

December 1, 2017

New renderings and more funding for South Williamsburg’s Dime Savings Bank site

By Michelle Cohen

6sqft reported in May that a 23-story mixed-use tower was headed for one of Williamsburg‘s most closely-watched developments, the site anchored by the Neoclassical-style Dime Savings Bank of Williamsburgh building at 209 Havemeyer Street at the foot of the Williamsburg Bridge. Now, New York Yimby reveals new renderings courtesy of the project's architects, Fogarty Finger Architecture and Interiors. In addition, the site's developers, Charney Construction & Development and Tavros Capital Partners, have received a $150 million loan to restore the historic bank and build the new tower. According to The Real Deal, the loan coincides with the closing of the purchase of the bank building itself–the site's final parcel–for $12 million.
More renderings this way

December 1, 2017

Two Dakota neighbors seek a $20.5M buyer to restore their apartment pair to its original splendor

By Michelle Cohen

Just listed at the venerable Dakota at 1 West 72nd Street–with over 85 feet of Central Park views–is an opportunity to combine two apartments and re-create the gilded-age grandeur of a front-facing corner residence. 6sqft recently covered a beautifully-preserved eight-room co-op in the building, on the market for the first time in 50 years, asking $12.5 million. Now, the owners of that unit and the apartment next door are offering the rare pair for $20.5 million, in hopes that a deep-pocketed buyer will combine the two and enjoy the original 4,800 square-foot home as it was created in 1884 (h/t WSJ).
See what 4,800 square feet in the Dakota looks like

November 29, 2017

See inside the American Copper Buildings’ amenity-filled sky bridge

By Devin Gannon

The highly anticipated three-story sky bridge that links the two American Copper Buildings officially opened on Wednesday, making it the first of its kind in New York City in more than 80 years. In a collaboration between SHoP Architects and JDS Development Group, the pair of copper-clad luxury rental buildings at 626 First Avenue, known for their slanted silhouettes, began leasing earlier this year. And now, the buildings' swath of amenities have been unveiled, including the 100-foot-long sky bridge that is suspended 300 feet in the air and boasts a 75-foot indoor lap pool, hot tub and a bar and lounge for residents.
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Waitlist opens for middle-income units at East Harlem’s Riverton complex, from $1,968/month

Riverton Houses, via NYC Housing Partnership

November 29, 2017

Waitlist opens for middle-income units at East Harlem’s Riverton complex, from $1,968/month

By Devin Gannon

East Harlem's Riverton Square complex is once again accepting applications for its 7,500-name waitlist for one-, two- and three-bedroom apartments. The affordable seven-building development, built by the Metropolitan Life Insurance Company, first opened in 1947 for World War II veterans, later becoming a coveted address for middle-class families. After it was sold to A&E Real Estate for $201 million in 2016, the city mandated that 975 of its 1,229 units be reserved for working- and middle-class families for 30 years. The waitlist opens tomorrow, with apartments set aside for New Yorkers earning 110 percent of the area median income. Units range from a $1,968/month one-bedrooms to $2,729/month three-bedrooms.
Find out if you qualify

Affordable Housing

Second phase of Hunters Point South development moves forward with 960 affordable unit proposal

Rendering of Hunters Point South courtesy of Handel Architects

November 17, 2017

Second phase of Hunters Point South development moves forward with 960 affordable unit proposal

By Devin Gannon

Plans to redevelop Hunters Point South, a project first proposed by former Mayor Michael Bloomberg, is finally making some headway. The city’s Department of Housing Preservation and Development and the Housing Development Corp. on Thursday selected a proposal that will bring a 1,120-unit apartment complex, with 80 percent of them permanently affordable, to the southern tip of the Long Island City neighborhood. According to the Wall Street Journal, the $500 million, two-tower project is being developed by Gotham and RiseBoro Community Partnership Inc.
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Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

Image © Wade Zimmerman courtesy of Agence Christian de Portzamparc (ACDP)

November 16, 2017

Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

By Michelle Cohen

A full-floor, 6,240-square-foot penthouse at Midtown billionaires' bunker One57 recently sold to an unidentified high bidder–one of five contenders–at a foreclosure auction for $36 million. That number is 29 percent lower than the original $50.9 million price shelled out by Nigerian businessman Kolawole Akanni Aluko for the newly-minted condo in 2014. The fire sale was the fourth resale in the 1,004-foot-tall Billionaire's Row flagship trophy tower to trade at a loss, according to data from appraiser Miller Samuel Inc., reports Bloomberg. The latest example is the largest discount to date on one of the pricey properties, all of which sends a message to buyers with plans to cash in on the ultra-luxury units in short order. And there are currently 16 apartments at the building listed for sale, most of them by the developer.
Read on

Real Estate Trends

Anable Basin proposal envisions a massive mixed-use district along the Long Island City waterfront

Rendering courtesy of WXY architecture + urban design

November 14, 2017

Anable Basin proposal envisions a massive mixed-use district along the Long Island City waterfront

By Devin Gannon

The plastics company, Plaxall, announced on Tuesday a massive rezoning proposal to allow for a mixed-use district in Anable Basin, the area surrounding a 149-year-old inlet located in Long Island City. Since founding the company more than 70 years ago, the Plaxall family has purchased and rehabilitated properties in the neighborhood and currently manages over one million square feet of space. Achieved through rezoning, the proposal calls for 335,000 square feet for industrial uses, 4,955 housing units with 25 percent of them affordable, a 700+ seat public school and a new, elevated promenade. If the rezoning is approved, construction is anticipated to begin in 2020 with a completion date in 2034, but no official timeline has been set.
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New development sales in Manhattan expected to hit $12B by 2020

New development visualized through 2020, via CityRealty

November 14, 2017

New development sales in Manhattan expected to hit $12B by 2020

By Dana Schulz

According to CityRealty's 2017 Manhattan New Development Report, things are really going to heat up over the next few years. While new development sales dropped to $8.3 billion in 2017 from $9.4 billion in 2016 (attributed to a softening in the luxury market), there are a number of new big-time buildings that will commence closings and have the potential to drive total sales up to a whopping $11.9 billion by 2020. One key player is Extell Development’s One Manhattan Square on the Lower East Side. With 815 apartments, it will be the largest condo by unit count ever constructed in the city. And up on Billionaires' Row, Extell's Central Park Tower will have the city's biggest sell-out ever at $4 billion, while Vornado's 220 Central Park South is looking to set the record for highest price per square foot ever in NYC.
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Real Estate Trends

Photo of Trump Tower via Krystal T’s Flickr

November 10, 2017

Trump Tower prices slide since 2015 presidential campaign

By Michelle Cohen

Sales prices at the tony Midtown condo building at 721 Fifth Avenue have dropped sharply since Donald Trump began his presidential campaign, according to the Wall Street Journal. The median sale price and average price per square foot are down since 2015 and are now reaching the lows experienced during the last financial crisis. Brokers aren't exactly sure whether the "Trump effect" has caused the slump–including issues specific to the tower such as heightened security, protests, and a general antipathy toward all things Trump–or it's part of an overall softening of the luxury condo market.
Is it the Curse of Trump?

Real Estate Trends

Rafael Viñoly’s 88-story tower at 125 Greenwich Street gets new renderings

Rendering of 125 Greenwich Street, courtesy of March

November 9, 2017

Rafael Viñoly’s 88-story tower at 125 Greenwich Street gets new renderings

By Devin Gannon

Shortly after the launch of condominium sales last month, new renderings of 125 Greenwich Street were released Thursday, revealing its imposing height over neighboring Financial District towers (h/t YIMBY). The proposed 912-foot tall luxury condo designed by Rafael Viñoly Architects, the firm behind staggering 432 Park Avenue, features 273 total units, including 190 studios and one-bedrooms. Upon its completion, 125 Greenwich will have the third-highest apartments in lower Manhattan, after the Four Seasons Private Residences at 30 Park Place and nearly complete 45 Broad Street.
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Architecture And Design

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

Construction progress as of mid-October, via CityRealty

November 3, 2017

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

By Devin Gannon

In May 2012, TF Cornerstone (TFC) entered a 99-year ground lease for the building's site that spans nearly a full city block and measures 63,000 square feet. Now topped out and fully skinned, the massive rental at 606 West 57th Street has a less flashy appearance than renderings previously hinted, but still features an impressively imposing, boxy design, as CityRealty reported. Designed by Arquitectonica, the 42-story, 1.2 million-square-foot building will contain a whopping 1,028 apartments. It joins other West Side gems like the Helena and the pyramid-shaped, Bjarke Ingels-designed Via57 West.
See it here

Live across from Socrates Sculpture Park in Long Island City for $867/month

Rendering of Vernon Tower, via PACS Architecture and Excel Development

November 3, 2017

Live across from Socrates Sculpture Park in Long Island City for $867/month

By Devin Gannon

On Monday, the lottery opens for 21 affordable units in a new luxury residential building located on the border of the trendy Queens neighborhoods of Astoria and Long Island City. The mixed-use rental at 11-06 31st Drive, called the Vernon Tower despite being just eight-stories, sits directly across from Socrates Sculpture Park and just a few blocks from the Noguchi Museum and waterfront promenade. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units ranging from $867/month studios to $1,123/month two-bedrooms.
Find out if you qualify

Affordable Housing

November 2, 2017

Chef-owned Chelsea loft boasts a serious kitchen for $2.3M

By Emily Nonko

This Chelsea loft belongs to a chef, food stylist and cookbook author--so you better believe the kitchen is going to impress. The 1,600-square-foot apartment, once a gritty live/work loft at 236 West 26th Street, has been renovated with chef-friendly details over the years. According to the listing, "The loft had been a cooking school in one of its reincarnations and looks like it." The 22-foot-long kitchen is decked out with industrial cabinetry, stainless steel appliances and tons of counter space, which is lined in Carrara marble. After previously hitting the market in 2006 for $1.698 million--it looks like it never sold--it's back up for grabs at $2.249 million.
Get a look

Distinctive Homes

FXFOWLE reveals renderings of 40-story office tower at Jersey City’s Harborside boardwalk

Rendering of Harborside Tower, courtesy of Mack-Cali and SJP Properties

November 1, 2017

FXFOWLE reveals renderings of 40-story office tower at Jersey City’s Harborside boardwalk

By Devin Gannon

In conjunction with a larger plan to transform Jersey City into a waterfront destination, real estate investors Mack-Cali and SJP Properties announced on Tuesday a proposal for a 40-story office building that will implement the latest in “intelligent building” technology. Located just seven minutes to Manhattan via the PATH, Harborside Tower, designed by FXFOWLE, will feature a sleek glass and steel facade, with 1.2 million square feet of space for businesses. In addition to the office space, the tower will feature two units of retail space, one at 12,000 square feet and the other at 25,000 square feet, found just off the lobby.
Renderings this way

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

Rendering of 229 Cherry Street, via Extell Development

November 1, 2017

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

By Devin Gannon

The housing lottery for Extell Development's affordable housing building in the Lower East Side has officially launched. The 13-story development at 229 Cherry Street and sits right next to the group's amenity-filled, luxury condo, One Manhattan Square. Designed by Dattner Architects, residents at 229 Cherry Street will have access to a landscaped terrace, fitness center and a lounge. Qualifying New Yorkers earning 60 percent of the area median income can apply for $947 per month studios, $1,017 per month one-bedrooms and $1,230 per month two-bedrooms.
Find out if you qualify

Affordable Housing

First 5Pointz-replacing tower tops out in Long Island City

Construction progress as of late-October, via CityRealty

October 31, 2017

First 5Pointz-replacing tower tops out in Long Island City

By Devin Gannon

The first tower of the controversial rental complex in Long Island City, 5Pointz, has officially topped out, although not without some roadblocks. Once an art studio and exhibition space, known for its vibrant graffiti-covered warehouse, the complex was whitewashed of its iconic murals in 2013, making way for the new development. Now, four years and several lawsuits later, construction of the development at 22-44 Jackson Avenue continues to chug along, with its first and tallest tower topping out this week. As CityRealty discovered, David Wolkoff's 1.4 million-square-foot plan calls for a 47-story tower and a 41-story tower, with 1,115 apartments total.
Find out more

October 30, 2017

Seth Meyers’ $4.5M West Village condo is in contract after only a month

By Michelle Cohen

Just over a month after listing his West Village condo at 302 West 12th Street for $4.5 million, the “Late Night” host has reportedly found a buyer for the two-bedroom unit (h/t Curbed). Meyers and his wife, Alexi, purchased the pad for $3.5 million in 2013, but last summer they dropped $7.5 million on a five-bedroom co-op at 32 Washington Square West.
See more, this way

Snag an affordable apartment in this greenery-rich Williamsburg building, from $670/month

Rendering of 695 Grand Street courtesy of St. Nicks Alliance & NYHC

October 27, 2017

Snag an affordable apartment in this greenery-rich Williamsburg building, from $670/month

By Devin Gannon

Located just steps away from Williamsburg's bustling Metropolitan Avenue, a mixed-use building at 695 Grand Street is now accepting applications for 38 affordable units. Developed by St. Nicks Alliance and designed by Magnusson Architecture and Planning (MAP), the eight-story rental features sustainable design elements like a landscaped terrace and rooftop, as well as a vertical green wall planted trellis on its facade. Qualifying New Yorkers earning 30, 50, 60 and 130 percent of the area median income can apply for units ranging from $670/month studios to $2,056/month three-bedrooms.
Find out if you qualify

Affordable Housing

Rendering of Elton Crossing courtesy of Magnusson Architecture and Planning

October 26, 2017

Live in a brand new building near Yankees Stadium, from $396/month

By Devin Gannon

Applications are now being accepted for 198 affordable units at Elton Crossing, a new mixed-use development in the Melrose neighborhood of the Bronx. The building at 899 Elton Avenue features on-site laundry, fitness rooms, a landscaped seating area, resident gardening program and spots for parking. Qualifying New Yorkers earning 30, 40 50, 60, and 100 percent of the area median income can apply for units ranging from a $396 per month one-bedroom to a $1,740 per month three-bedroom.
Find out if you qualify

Affordable Housing

Rare photos of the High Line being demolished in the 1960s tell the story of a changing West Village

Crane with wrecking ball mounted on the trestle. Photo by Peter H. Fritsch (1962). Photo courtesy of the Greenwich Village Society for Historic Preservation/Fritsch Family Collection.

October 26, 2017

Rare photos of the High Line being demolished in the 1960s tell the story of a changing West Village

By Andrew Berman of Village Preservation

Few structures have had a more far-reaching impact upon the West Village and Chelsea than the High Line. Its construction in 1934, then partial demolition in the early '60s, and final preservation and conversion into a park a decade ago have profoundly shaped the way these neighborhoods have changed over the last 85 years. And while photos of its heyday and those of it today as an internationally recognized public space are plenty, few exist of those interim years. But GVSHP recently acquired some wonderful images of the High Line being demolished in 1962 at Perry Street, donated by the Fritsch Family who lived nearby at 141 Perry Street. The Fritschs’ photos say a lot about how the High Line, and its demolition, changed the West Village. It’s apparent from the images just how much more industrial, and gritty the Far West Village was in those days. But it also shows how the demolition of the High Line left a huge gap in this unpretentious neighborhood, which housed both disappearing industry and a diverse and vital residential community.
See the other photos and learn the whole history

History

262 Fifth Avenue, the tallest tower between Empire State Building and One WTC, gets new details

Rendering via DBOX for Meganom

October 25, 2017

262 Fifth Avenue, the tallest tower between Empire State Building and One WTC, gets new details

By Dana Schulz

There will be a lot of firsts at 262 Fifth Avenue--Nomad's first supertall, Moscow-based firm Meganom's first U.S. project, and NYC's first Russian-designed supertall. 6sqft first uncovered renderings of the super-skinny, 1,009-foot skyscraper in May, revealing its aluminum and glass facade and "striking arched observation deck" at its top. Now, Yimby has gotten its hands on a new rendering, just a day after the Department of Buildings approved plans for the project.
See the new rendering in full

After four years, TF Cornerstone files plans for 1,200-unit building at Hunters Point South

Updated rendering of parcel c for Hunters Point South, courtesy of ODA Architecture

October 20, 2017

After four years, TF Cornerstone files plans for 1,200-unit building at Hunters Point South

By Devin Gannon

TF Cornerstone on Thursday filed its first permits for a 1,200-unit apartment building as the second phase of the city’s Hunters Point South redevelopment, a project that first began in 2013. The plan for the waterfront neighborhood in Long Island City, Queens called for a mixed-use, affordable housing development that would hold up to 5,000 units, with 60 percent of them affordable. Selected for phase two of the ambitious project by Mayor Michael Bloomberg's administration, TF Cornerstone’s original proposal was delayed for four years after local, state and federal authorities forced the developer to rethink its design (h/t Crain's).
Find out more

October 19, 2017

Off the grid: The little Flatiron Buildings of the Village

By Andrew Berman of Village Preservation

The Flatiron Building is one of the city’s most iconic and beloved landmarks. Since 1902 it’s been a symbol of New York, though ironically its acute angle formed by the intersection of Broadway and Fifth Avenue makes it an unusual sight in our otherwise orthogonal city on a grid. But while the Flatiron Building may be the most famous product of quirky street angles, it’s far from the only one. In fact, the "off-the-grid" streets of Greenwich Village and the East Village contain scores of them, most of which pre-date the 23rd Street landmark.
Take a tour of the little Flatirons

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