Search Results for: On The Square apartments

January 8, 2016

432 Park Avenue Records Its First Blockbuster Closing at $18.1M!

And so it begins! Closings at Macklowe Properties/CIM Group's Billionaires' Row blockbuster 432 Park Avenue have officially commenced with its first sale showing an impressive $18.116 million figure, as city records released this afternoon reveal. The unit is #35B, a massive 4,003-square-foot, three-bedroom pad with four-and-a-half baths, a private elevator landing, and 10-foot by 10-foot windows providing southern and western exposures with park views. Documents show that the palatial home was purchased via a LLC, 432 PARKVIEW.
more on the sale and the floor plan here

January 8, 2016

Could These Twin Glassy Towers Be Coming to the Greenpoint Waterfront?

By Ondel Hylton

Momentum is building along the Williamsburg-Greenpoint waterfront. Since the Bloomberg administration's sweeping 2003 rezoning of the two-mile stretch of East River shoreline, nearly every buildable river-facing plot has been accounted for by developers. More than a dozen master plans are in the works, dominated by residential uses that scale upward to 50 stories and 600-foot heights. One remaining mystery lot is a block-long parcel in Greenpoint currently holding a two-story warehouse at 161-167 West Street (aka 53 Huron Street). The 65,000-square-foot site lies near the India Street ferry stop and is sandwiched between three development sites: Park Tower Group's ten-tower Greenpoint Landing master plan and Mack Real Estate Group/Palin Enterprises' 10 Huron Street (155 West Street), and The Gibraltar at 160 West Street.
More details ahead

January 8, 2016

New and Improved Design for Shalimar Management’s 543 Second Avenue

By Ondel Hylton

In a well-wishing New Year note, Charles Fridman, president of Shalimar Management, announced that their planned ten-story residential project at 543 Second Avenue will break ground this year, and he's now unveiled a revised set of renderings depicting a substantially different design. Evolving from banal to brutal, the previously thin-skinned, glass-and-metal design has been beefed up into an energetic, cast-in-place concrete structure of undulating floor slabs and tilting exterior columns. Fridman's page states: "We’re planning a 10 Story rental building with 1-2 bedroom apartments. Each apartment will have its own balcony, and part of the building will cantilever over our other property at 249 East 30th Street." Outdated building applications from early 2014 detail a 12-story building housing 18 units spread across 19,000 square feet of floor area. New permits have yet to be filed and according to Fridman, the team came close to building the previous design, but "thankfully" held off.
Find out more ahead

January 7, 2016

Revealed: Brack Capital’s 90 Morton Street Condo Conversion to Have Terraced Penthouses

By Ondel Hylton

Here's our first look at Brack Capital's condominium conversion 90 Morton Street, also known as 627 Greenwich Street. The former printing building was built in 1911 and sits where the commercial lofts of Hudson Square (West Soho) scale downward into the West Village. Brack, headed by Isaac Hera, purchased the 120,000-square-foot corner building for $105 million in late 2014, and in September, the team submitted a $326 million offering plan to the office of the New York Attorney General. Building permits filed for the long-stalled conversion project last summer detail a 35-unit (29 condos) building that will remain 12 stories. It will only gain 1,649 square feet of construction floor area, and it appears its upper floors will be reconfigured into a succession of terraced penthouses. Though the architect of record is listed as Isaac & Stern Architects, the projecting volumes of the upper stories remind us of the work of Eran Chen's ODA Architects. ODA served as the design architects for Brack's 15 Union Square West and the James Hotel in SoHo.
More details ahead

January 6, 2016

$1.7B Light Rail Connecting the Brooklyn-Queens Waterfront Proposed

By Diane Pham

The dream of a Brooklyn-Queens light rail is moving further into the realm of reality. Back in July last year, 6sqft reported that an advisory committee comprised of developers, transportation experts and civic organizers was in the midst of forming to address the need for a more robust transportation system that could connect underserved, but booming, areas of Brooklyn and Queens. Now as the Daily News tells us, a non-profit advocacy group called Friends of the Brooklyn Queens Connector has officially materialized to tackle the issue, and they've just released a detailed proposal revealing the route and the potential design the modern streetcars could take on.
Find out more about the proposal here

Transit

January 6, 2016

$1.4M for a DIY Duplex on a Heavenly Hell’s Kitchen Block

By Michelle Cohen

Tucked into the top two floors of 521 West 47th Street, a 1910 co-op loft building that was once a commercial bakery, "Penthouse C" is a package deal priced at $1.4 million consisting of units #3C and #4C and the roof space above them. The listing calls it an "Extremely rare and exciting 'once in a lifetime' chance to combine two authentic lofts plus the corresponding roof space to create your own 3-4 bedroom 3 bath penthouse," though that may take some doing; in their current form, the two spaces offer two different flavors of loft-y bohemian charm.
Check out this unique space

Distinctive Homes

Blackstone’s Purchase of Stuy Town Includes $625M in Air Rights

Photo via Wiki Commons

January 6, 2016

Blackstone’s Purchase of Stuy Town Includes $625M in Air Rights

By Dana Schulz

Photo via Wiki Commons Less than three months ago, the Blackstone Group and Ivanhoe Cambridge's colossal purchase of Stuyvesant Town and Peter Cooper Village went public. At the time, it was revealed that as part of the $5.46 billion deal Blackstone would reserve 4,500 of the complex's 11,200 apartments for middle-income families for the next 20 years, with an additional 200 units set aside for low-income tenants. But what's just come to light is the $625 million worth of air rights that came along with the buy. The majority of the roughly one million square feet will be transferred elsewhere, but about 250,000 square feet will remain within Stuy Town. As the Post first reported, "These include 200,000 square feet for a community facility, 25,000 square feet for residential and 25,000 square feet for commercial use."
More details this way

Real Estate Trends

January 5, 2016

Long Island City Rental Tower Will Offer Micro Units for ‘Gen Y Professionals’

By Ondel Hylton

Yesterday, 6sqft discussed how Long Island City's Purves Street is a hotbed of construction activity with no less than four residential towers underway along the 500-foot, one-block stretch. On a site situated between Thomson Avenue (where the pioneer condo Arris Lofts rises) and Court Square, Twining Properties has begun excavation work for a 27-story, 168-unit rental tower at 44-14 Purves Street. According to the developer's project page, the rental tower will be known as Watermark Court Square and is to offer "efficient apartment layouts designed for mobile professionals." The handsome albeit unremarkable design by Handel Architects is faced with grey brick and large windows. According to Department of Buildings filings, the ground-up, 302-foot-tall tower will rise along 44th Drive, while a two-story existing building will be rehabilitated along Purves.
More details and renderings

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

** UPDATE as of 1/6/16: Pizzarotti CEO Rance MacFarland confirmed to Curbed that 45 Broad Street will be a 1,100-foot-tall, 86-story supertall tower. It will have 245 units that will cater to “entry- and mid-level buyers,” as well as five floors of commercial and retail space.

January 5, 2016

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

By Ondel Hylton

Last October, it was announced that the long-vacant lot in the heart of the Financial District at 45 Broad Street would be redeveloped into a 65-story residential skyscraper by way of a partnership between Pizzarotti IBC and Madison Equities. Now, via Pizzarotti's project page, we have our first look at the design of the 300,000-square-foot CetraRuddy-designed tower that the development group affirms "will be the highest condo in Downtown Manhattan." The team will have to move quickly, though; at least two condo towers are proposed to be taller including Shvo's supertall at 125 Greenwich Street.
More details ahead

January 4, 2016

Website Launched for Rabsky Group’s New Long Island City Rental Tower ‘The Halo LIC’

By Ondel Hylton

To say that Long Island City is undergoing a construction boom is a bit of an understatement. The city's second most populous borough is building a business district...er high-rise bedroom community that will soon rival many American downtowns. The blocks along Jackson Avenue from the Pulaski Bridge to Queens Plaza have been sprinkled with development dust, and at the center of it all is a short dead-end street named Purves where four residential buildings are now under construction and four others have recently finished. Near the street's southeastern terminus, Simon Dushinsky's Rabsky Group has topped off its 26-story, 284-unit rental tower at 44-51 Purves Street and applying the last bits of the building's glass, metal and brick facade. In addition to a number of renderings and a new website, we've uncovered that the 308-foot tall building will be called 'Halo LIC," which we learned is an adjective for something silvery, or an archaic word for money (how fitting). The site was previously planned to give rise to a pair of shorter towers by the Criterion Group but the 28,000 square-foot lot was flipped in 2013 for $32 million.
find out more here

December 30, 2015

Attractive New Bushwick Condo Rises on One of Brooklyn’s Ugliest Streets

By Ondel Hylton

It's rare to see a new development in Bushwick with any kind of style and grace, but a recently finished six-unit condominium at 27 Dodworth Street actually looks like some thought went into it. Even more remarkable is that it manages to do so on what is probably the most unfortunate looking street on the eastern seaboard. So breathtakingly ugly in fact that it could be thought of, by some, as chic. And as it turns out, buyers have shelled out up to $1 million for condos along this gritty stretch near the Bed-Stuy-Bushwick border.
See the good, the bad, and the ugly

December 29, 2015

First Look at Six-Family Townhouses Set for North Williamsburg

By Ondel Hylton

At the northern edge of Williamsburg, near the Greenpoint border, work is beginning on a 12-unit project developed by Ami Barr's Djem Land LLC and designed by Queens-based InFocus Design and Planning. The building is situated at 171-173 Bayard Street, between Graham Avenue and McGuinness Boulevard, and replaces a one-story, nondescript light industrial building that the Long Island-based developers snapped up for $1.8 million in early 2014. Renderings posted on the architect's website show an orderly facade of red brick, large sash windows, and steel lintels. A somewhat strange marble cornice tops the first three levels and the fourth story is set back, simulating a modern rooftop addition atop a rehabilitated manufacturing building.
More details ahead

December 27, 2015

Park Slope Duplex With Spiral Staircase and Private Roof Deck Asks $6,500 a Month

By Emily Nonko

Here's a Park Slope rental that comes from a three-story brownstone that's been converted into three condo apartments. This unit pretty much fits your idea of what a Park Slope apartment should be: it's located on a charming block with other brownstones, there are lovely interior details, and it's large enough to fit a family. (This is a neighborhood with a lot of babies.) It's a duplex with 1,400 square feet, three bedrooms and two bathrooms total. The condo is now on the rental market for $6,500 a month. It looks like condos in this building have been selling for over $1 million for the past few years -- this apartment actually closed in 2012 for $1.150 million.
See the interior

December 24, 2015

Bright Art Deco One-Bedroom in Gramercy Park Is for Sale by Owner, Asking $1.2 Million

By Emily Nonko

It's true, this unseasonably warm weather isn't anything to complain about. But it's hard to look at a fireplace like the one pictured above and not start pining for a winter chill. The grand marble fireplace (which is also wood-burning...perfect for wintertime!) belongs to a one-bedroom apartment at 242 East 19th Street, an Art Deco co-op building in Gramercy Park. Constructed in 1926 and converted to a cooperative in 1984, the 15-story brick Italian Renaissance-style building holds 113 apartments. And since many of the surrounding buildings are low-rise, there's a great view from the building's roof deck. This apartment has the spacious rooms that you often find in prewar apartment buildings. It's a one-bedroom, although there's an office space without a window that could be used as a second bedroom. It's up for sale for $1.2 million by owner and photographer Julia Indrani Pal-Chaudhuri (known simply as Indrani).
See more

Distinctive Homes

Jonah Hill Spotted Eyeing Noho Condo Conversion The Schumacher

Current photo of the Schumacher by 6sqft

December 23, 2015

Jonah Hill Spotted Eyeing Noho Condo Conversion The Schumacher

By Annie Doge

Looks like Jonah Hill is battening down the hatches in hopes of finding a new Downtown pad. Three years ago, the actor bought a Soho loft at 27 Howard Street for $2.65 million, but put it on the market in August 2014 for a hefty $3.8 million. Back in March, he chopped the price to $3.5 million, and now a tipster tells us that he was seen taking photos outside The Schumacher, the newly unveiled Noho condo conversion at 36 Bleecker Street.
Check out Jonah's options

Celebrities

December 17, 2015

$1.6 Million Dumbo Apartment Comes With Awesome Views of the Brooklyn Bridge

By Emily Nonko

Views! Views! Views! Seriously, that's what you're getting with this two-bedroom apartment at 70 Washington Street, a former Dumbo warehouse that has been converted into 225 condo apartments. It was converted by Two Trees Management, prominent developers in the neighborhood, who built out luxury loft apartments and included a 24-hour concierge, doorman, fitness room, and roof deck with the building. This apartment has windows in both the living room and bedroom that offer an incredible look out onto the entire stretch of the Brooklyn Bridge and Lower Manhattan skyline. There's a total of 1,310 square feet and a lofty, open floor plan. A view like that in a neighborhood as popular as Dumbo doesn't come cheap -- although you can still find the occasional apartment in the area for under $1 million without the impressive views, of course. This one is on the market for $1.6 million, after last selling in 2007 for $1,055,926.
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Distinctive Homes

December 17, 2015

Williamsberry’s Modern Mini-Me at 79 South Fifth Street Gets Glassed

By Ondel Hylton

Over in South Williamsburg, construction is moving apace on Mona Gora's noodle factory-to-nests condo conversion known as Williamsberry. While the building’s name has picked up a fair bit of ridicule, we think its ambiguity represents the neighborhood well; like that over-processed frozen yogurt flavor that's tangy to some, bitter to others, but too intriguing to stop tasting. The project is composed of an eight-story, former noodle factory building that is being transformed into 54 high-ceilinged residences topped by a rooftop solar farm. Alongside the conversion, the team is constructing a modern yet complementary six-story building at 79 South Fifth Street, which is also being designed by Workshop DA with interiors by Paris Forino.
Lots more details and renderings

December 15, 2015

Ditch the Laundromat With This Eco-Friendly, Foot-Powered Washing Machine

By Dana Schulz

Admit it–you've been that person who's gone out and bought new underwear to avoid lugging 40 pounds of dirty clothes down to the laundromat. But now you can avoid this wasteful temptation thanks to a compact, eco-friendly washing machine called Drumi. Plus, it's foot-powered, so you can burn some calories while watching Netflix. First spotted by TreeHugger, the machine was created Yirego, a Toronto-based sustainable household design company. It's electricity-free and low-water and can wash a five-pound load in just five minutes. Of course, this isn't much (it equates to one pair of jeans or eight pairs of boxers), but it'll certainly save you from having to wear a bathing suit as undergarments.
Find out more

December 15, 2015

REVEALED: Domino Sugar Factory’s Tiny New Neighbor at 349 Kent Avenue

By Ondel Hylton

In the shadow of the Williamsburg Bridge and across from the massive Domino Sugar Factory redevelopment underway by Two Trees, a tiny corner site at 349 Kent Avenue and South 5th Street will give rise to a six-story, 10-unit residential building designed by Brooklyn-based Workshop DA. The 4,000 square-foot lot was purchased for $1.3 million by Eugene Bushinger's 351 Kent Realty LLC in early 2011 and in May, it was reported that building permits were filed for a 15,300 square-foot residential building. The pre-existing, two-story structure that once provided a welcome splash of color along the Brooklyn Greenway has since been demolished. Its worn, brick faced boasted a geometric and robot-infused mural painted by R. Nicholas Kuszyk (a.k.a. RRobotsollaboration) with How and Nosm in 2011.
find out more about the development here

Living in a Micro Apartment Could Be Harmful to Your Health

New rendering of Carmel Place interiors, via Monadnock Development/nARCHITECTS

December 14, 2015

Living in a Micro Apartment Could Be Harmful to Your Health

By Diane Pham

An apple a day may keep the doctor away, but living in a micro apartment may drive you to seek professional psychological help. A recent article in The Atlantic takes a look at the tiny living trend that has taken the nation—and in particular New York, with developments like My Micro NY and teeny renovations like this one—by storm, and finds that squeezing into an extra-small space could lead to health risks. “Sure, these micro-apartments may be fantastic for young professionals in their 20's,” says Dak Kopec, director of design for human health at Boston Architectural College and author of Environmental Psychology for Design, to the magazine. “But they definitely can be unhealthy for older people, say in their 30’s and 40’s, who face different stress factors that can make tight living conditions a problem.”
find out more here

December 11, 2015

MAPS: Where to Find the Five Best Condo Bargains in Every NYC Neighborhood

By Ondel Hylton

With so much focus given to top-of-the-market condo sales and listings, we decided to take a look at the condos at the more "affordable" end of the spectrum, highlighting available apartments priced furthest below their neighborhood median prices. This week we take a look at five listings in five neighborhoods: Chelsea, Park-Fifth Avenue between 50th and 79th streets, Fort Greene, and Murray Hill. But first, be sure to check out 6sqft's interactive maps which pinpoint five of the best available condo bargains in every Manhattan and northern Brooklyn neighborhood compared with their median prices.
Check it all out

Distinctive Homes

December 10, 2015

‘Maximalist’ UES Townhouse of Designer Juan Pablo Molyneux Sells for Less Than Half Its First Ask

By Annie Doge

Back in 2012, Chilean interior designer Juan Pablo Molyneux placed his sprawling townhouse at 29 East 69th Street up for sale for a newsmaking $48 million. Unable to find an immediate buyer (or possibly anticipating seller's remorse), he took it off the market shortly after. But then earlier this year in January, he brought it back for a much lower $34 million. Now, it looks like Molyneux's day has come, and according to city records, he's finally parted ways with the gigantic spread—although for a relatively paltry $22.5 million.
go inside here

December 10, 2015

Revealed: Karl Fischer’s 12-Story East Harlem Residential Tower

By Ondel Hylton

Here's our first peek at a 12-story residential building designed by Karl Fischer Architects for the northwest corner of 110th Street and Park Avenue in East Harlem. The property was picked up last fall by Brooklyn-based Isaac Schwartz who has now placed the 7,000-square-foot property on the market for $13.9 million. According to the sales brochure prepared by Ariel Property Advisors, the lots 1516-1520 Park Avenue and 94 East 111th Street present a full block-front opportunity to construct a development up to 48,600 square feet. The property would be delivered with DOB-approved plans that call for the 12-story, 44-unit residential building shown above.
More details ahead

December 9, 2015

Announcing the Winner of 6sqft’s 2015 Building of the Year!

By Alyssa Alimurung

A couple of weeks ago, 6sqft asked you which building you thought deserved the title of 2015 Building of the Year. We gave you 12 of the hottest new buildings in NYC, noteworthy for their envelope-pushing design, record-breaking prices, or unprecedented height. And now is the time to reveal the winner!
Drumroll please….

December 9, 2015

Cute Co-op Asks $489K at the Whitby, an Emery Roth-Designed Building in Midtown

By Emily Nonko

Architect Emery Roth was considered the master of apartment design back in his day. In the early 1900s, he masterminded an impressive number of buildings with sprawling floor plans and luxurious finishes. (That was a time when the rich still needed to be convinced to live in apartments, rather than mansions.) He finished the Whitby, at 325 West 45th Street in Midtown West, in 1923. Since then the building has been broken down into mostly small studio, one- and two-bedroom co-ops. This is a one-bedroom in the building that still has some pre-war details, although it's lacking the gracious floor plan that made Roth so famous. Still, it's a central location at a decent asking price, $489,000. And the apartment is pretty darn cute.
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