Search Results for: fifth avenue financial new york

October 31, 2016

René Lalique’s windows saved this Fifth Avenue building from destruction in the 1980s

In 1984, a series of grime-covered windows at 714 Fifth Avenue caught the attention of an architectural historian by the name of Andrew Dolkart. Seemingly innocuous, and almost industrial in aesthetic—at least from afar—the glass panes would later become the foundation for a preservation victory.
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October 6, 2016

Starchitect condo prices grew 39 percent in 5 years, new index reveals

As part of a recent expansion of its market indices, CityRealty has pulled together a new index tracking condo prices in NYC buildings designed by starchitects. The index quantifies the extent to which buyers are willing to pay a premium for apartments in buildings designed by big-name architects such as Robert A.M. Stern, Jean Nouvel and Norman Foster.
is hiring a starchitect worth it?
May 16, 2016

Not Tall Enough! On the World’s Stage, New York’s Supertalls Are Ungraceful Runts

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his ninth and final installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter takes at aim the quality of design of those towers rising around the city right now, and how they fail to inspire when compared to those found internationally. The explosive transformation of the New York City skyline now underway is occurring without any plan in a very haphazard fashion. Some of the new towers are not ugly but compared to many new ones elsewhere, especially those that are free-standing, they’re not going to win many top honors. Many are very thin, mid-block incursions. Others arrogantly abut and loom over landmarks with nary a thought to context. Some clearly are aimed at one-percenters and offer lavish amenities and layouts. But many others are squeezing potential residents like sardines into very small apartments in attempts to set new “density” records.
The towers that got it wrong, and right
May 11, 2016

Skyline Wars: Accounting for New York’s Stray Supertalls

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his eighth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the "stray" supertalls rising in low slung neighborhoods. Most of the city’s recent supertall developments have occurred in traditional high-rise commercial districts such as the Financial District, the Plaza District, downtown Brooklyn and Long Island City. Some are also sprouting in new districts such as the Hudson Yards in far West Midtown. There are, however, some isolated "stray" supertalls that are rising up in relatively virgin tall territories, such as next to the Manhattan Bridge on the Lower East Side and Sutton Place.
read more from carter here
April 18, 2016

Skyline Wars: In Lower Manhattan, A New Downtown Is Emerging

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us his fourth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the evolution of the Lower Manhattan skyline. Lower Manhattan at the start of the Great Depression was the world’s most famous and influential skyline when 70 Pine, 20 Exchange Place, 1 and 40 Wall Street, and the Woolworth and Singer buildings inspired the world with their romantic silhouettes in a relatively balanced reach for the sky centered around the tip of Lower Manhattan. Midtown was not asleep at the switch and countered with the great Empire State, the spectacular Chrysler and 30 Rockefeller Plaza but they were scattered and could not topple the aggregate visual power and lure of Lower Manhattan and its proverbial “view from the 40th floor” as the hallowed precinct of corporate America until the end of World War II. The convenience and elegance of Midtown, however, became increasingly irresistible to many.
More on the the history of Lower Manhattan and what's in store
October 16, 2015

6sqft’s Must-See Recommendations for This Weekend’s Open House New York

This year's Open House New York takes place this weekend on October 17th and 18th. A full roster of sites was revealed just over a week ago, and there is certainly plenty to see. But how will you prioritize? To help make planning your itinerary a bit easier, 6sqft has put together a list of recommendations for not-to-be-missed sites, from Google's headquarters to a food factory tour at Industry City to the 1920s gilded Loew's Kings Theatre.
See our picks here
September 24, 2015

Art Nerd New York’s Top Event Picks for the Week, 9/24-9/29

'Tis a weekend of open studios, and if you are art-thletic enough, you can hit them all. Non-profit chashama is offering free ferry rides to check out the studios of 85 artists (including 6sqft friend Barry Rosenthal!) at the Brooklyn Army Terminal. Hop on the Governors Island Ferry to the LMCC open studios, or get yourself to DUMBO for Smack Mellon's open studios. The work week just got a little better for those of you in the Garment District, as the annual UrbanSpace market opens for the season, offering up tasty delights. Roving gallery Standard Practice is at it again, with a new opening in Williamsburg, and Harlem's Hi-ART kicks off their season with a photo show. If you're going to the World Maker Faire, be sure to check out FIGMENT Festival's David Koren as he talks about co-creating your own reality. Finish off the week with the Public Art Fund's talk at the New School with exhibiting artist Jeppe Hein. And that's a wrap!
All the best events to check out here
September 11, 2015

New Renderings of Vinoly’s 125 Greenwich Street, Downtown’s Future Tallest Residential Skyscraper

On the 14th anniversary of the day that caused the city to question our skyward building ambitions, we give you a new look at lower Manhattan's future tallest apartment tower, 125 Greenwich Street. Not only has the city regained its confidence in building high again, but it has now been feverishly erecting 1,000-plus-foot supertall towers at a faster rate than nearly any other global metropolis. This particular residential spire will soar 77 stories and roughly 1,100 feet high, some 200 feet taller than downtown's next tallest ground-up residential buildings, 30 Park Place (937 feet) and New York by Gehry (870 feet).
Find out more here
March 18, 2015

Construction Update: COOKFOX’s 855 Sixth Avenue Tops Off, Ties for City’s ‘Shortest Skyscraper’

In the shadow of the Empire State Building, the concrete frame of 855 Sixth Avenue has quietly risen to its full 500-foot height. Spanning the full western blockfront of Sixth Avenue between West 30th and 31st Streets, the 41-story mixed-use tower, designed by COOKFOX Architects and co-developed by the Durst Organization and Fetner Properties, is poised to bring 190,000 square feet of commercial space and 375 rentals to the southern fringe of Herald Square later this year. While unremarkable in design and imperceptible in the city's skyline, the building's small claim to fame may be that its 152-meter (slightly under 500 feet) height is sometimes regarded as the benchmark figure for defining a skyscraper. Therefore, statistically, 855 Sixth could be considered the shortest skyscraper in New York. Huzzah!
More details ahead
March 13, 2015

New Renderings for 212 Fifth Avenue Show a Whimsical Top-Floor Restaurant and Enormous Clock

With the debut of their newly-sharpened website, the visual-realization whizzes at AJSNY are seeking to steal some Apple Watch buzz with this stunningly whimsical rooftop addition atop the now-under-conversion 212 Fifth Avenue in Nomad. The conceptual vision, designed by the rendering team themselves, shows a bronze-clad, multi-story addition wrapped with sinuous ribbons framing an enormous south-facing clock. Below the steampunk-esque penthouse, AJSNY depicts a standard condo-conversion affair of open layouts and double-height spaces for the 1913 neo-medieval tower. The team's images also give us an idea of what the official owners–Madison Equities, Thor Equities, and Building and Land Technology–have in mind for this quintessential Manhattan address. The scheme is not official or approved, but it certainly is creative.
More details on the proposed design ahead
February 20, 2015

New Waldorf Astoria Owners Will Add Luxury Condos to the Iconic Hotel

Back in October, it was revealed that Hilton Worldwide Holdings, who owned the landmark Waldorf Astoria since 1972, had agreed to sell the 1,232-room hotel to the Anbang Insurance Group Co., a financial and insurance company based in Beijing, for $1.95 billion. The deal closed just last week, and now the new owners are planning to convert part of the Art Deco building into luxury condominiums. According to The Real Deal, Anbang’s chairman Wu Xiaohui recently said: "We plan to renovate the two towers into luxury residential apartments with world-class amenities and finishes to reflect its culture and social status."
More details
October 24, 2014

Terra Cotta in New York City: Beautiful Buildings Adorned in Ceramic

Glazed terra cotta (a clay-based ceramic) became a popular architectural material in the United States between the late 1800's and 1930's thanks to being sturdy, relatively inexpensive, fireproof, and easily molded into ornamented detail. Plus, it was easy to make it look like granite or limestone, much more expensive materials. Terra cotta really took off when some of Chicago and New York's great architects, Cass Gilbert, Louis Sullivan, and Daniel H. Burnham, incorporated the material in to their most famous works such as the Woolworth Building, Bayard-Condict Building, and Flatiron Building, respectively. Additionally, Rafael Guastavino adorned many of the great Beaux-Arts masterpieces with his famous terra cotta tiled vaults. There are countless buildings in New York City that owe their elegance to glazed terra cotta, and we've put together a list of some of our favorites.
Explore terra cotta in NYC
October 2, 2014

Living in the Clouds: 50 New York Residential Towers Poised to Scrape the Sky (Part I)

It seems like every week a new residential skyscraper is being announced in New York City, just earlier this week the New York Times noted that a partnership between Steven Witkoff and Harry Macklowe is moving ahead with a redevelopment of the Park Lane Hotel at 36 Central Park West with an 850-foot tower. With the mind-boggling amount of residential spires poised to pierce the sky, here's a quick rundown of the tallest of the tall--the spindly bunch set to soar higher than 700 feet. Keep in mind that just 30 years ago, the tallest residence in the city was perched atop the 664-foot Trump Tower. Today, buildings are on the drawing board for more than twice that height.
See our list of the 26 tallest towers
July 7, 2014

Real Estate Wire: KPF’s New Supertall Tower for Midtown Site Sensitive?; Crown Heights and East New York Having “A Moment”

Today’s real estate news highlights: Conversions, condos, rising land prices, and, of course, more coffee shops. It looks like Crown Heights is “having a moment” as Brooklyn’s new “it” neighborhood. [New York Times] Oh, it looks like East New York’s moment has arrived as well — though this change has a bit more substance. Under the […]

December 5, 2025

NYC’s most festive holiday bars and restaurants

Nowhere is as picturesque as New York City during the holidays, with iconic attractions like the Rockefeller Center Christmas Tree, Bryant Park's Winter Village, the Dyker Heights Christmas lights, and festive decorations brightening every street corner. Whether you're looking for a cozy spot to sip on seasonal cocktails or somewhere to enjoy over-the-top holiday-themed decor, the city offers many options to revel in holiday cheer. Ahead, find a list of festive bars and restaurants across NYC that will help you get into the holiday spirit (and spirits) this season.
Find out where the festivities are
November 14, 2025

The 20 best heated and indoor rooftops to enjoy in NYC this winter

Peak rooftop season might be on pause until next summer, but panoramic skyline views can still be enjoyed from indoor and heated rooftop spots across New York City. Cozy restaurants and bars across the five boroughs offer the perfect way to scratch that skyline itch without braving the chill of the fall and winter weather. From heated terraces to glass-enclosed lounges, here are some of the best rooftops to sip a cocktail and take in the view.
where to go
November 13, 2025

Turning cubicles to condos: The pros and cons of office-to-residential conversions in NYC

Across New York City’s five boroughs, office space occupies 730 million square feet (600 million of which is in Manhattan), according to CoStar data obtained by New York City Comptroller Brad Lander. This is the most of any North American city; runner-up Los Angeles has only 432 million square feet of office space. So, it’s no wonder that the conversation around post-Covid commercial real estate vacancies is such a hot-button issue, especially considering that Manhattan’s residential vacancy rate is just 1.2 percent.
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March 14, 2025

$8B Citi Field casino and park proposal gets zoning approval from NYC Council

New York Mets owner Steve Cohen's $8 billion casino proposal near Citi Field cleared a major hurdle this week. On Tuesday, the City Council voted 41-2 in favor of zoning changes for the Metropolitan Park development, a sports and entertainment complex planned for 50 acres of parking lots around the Mets stadium. While the approval grants Cohen and his partners the ability to make zoning changes on the site, which sits on city parkland, the project still requires approval from several local and state officials.
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January 24, 2025

Conversion of historic Nomad office building into 65 condos moves forward

The conversion of a landmarked Nomad office building into luxury condos is moving forward after receiving a $99 million construction loan. As reported by The Real Deal, Sunlight Development and NuVerse secured the loan for their office-to-residential conversion of the historic Emmet Building at 95 Madison Avenue into 65 luxury homes. BHI, the U.S. arm of Bank Hapoalim, provided a $40 million senior loan, while two other financial firms provided the rest of the capital.
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December 13, 2024

Vote for 6sqft’s 2024 Building of the Year!

This year, New York City's residential market started heating up, particularly at the top. For the first time in two years, the city recorded sales exceeding $100 million, including a $135 million penthouse at the Aman New York and a $115 million penthouse at Central Park Tower. In addition to the nine-figure deals, new luxury developments sparked interest beyond Billionaires' Row, including a pink-wrapped condo in Fort Greene and an "urban-style resort" on the Williamsburg waterfront. Historic hotels and iconic office buildings entered new chapters, while long-anticipated projects, and some repeat Building of the Year candidates, either marked their completion or are finally nearing the finish line. 6sqft has narrowed our picks down to 16 of the most notable residential projects of the year. Which do you think deserves to be crowned the 2024 Building of the Year? Polls for our 10th annual competition will remain open through 5 p.m. on Friday, December 20. A winner will be announced on Monday, December 23. Happy voting!
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September 19, 2024

Phase two of Greenpoint Hospital conversion begins, adding 311 affordable homes

The Hudson Companies and St. Nicks Alliance on Wednesday, in collaboration with the city's Department of Housing Preservation and Development (HPD), broke ground on the second phase of Kingsland Commons, a transformation of the former Greenpoint Hospital campus into an affordable housing complex. Designed by Magnusson Architecture and Planning (MAP) and Architecture Outfit, this phase includes an 18-story building with 311 permanently affordable units for extremely low- and very low-income residents, including formerly homeless individuals and families.
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September 10, 2024

NYC pied-à-terre guide: Top condos for buying a second home

Translating from French meaning "foot on the ground," pied-à-terre is an apartment in New York City used as a secondary residence. It is only occupied part-time and is not the owner's primary home. These part-time apartments can range from modest studios to luxurious condos, often used by people who regularly visit the city for business or leisure. We take a look at the most popular buildings in NYC for second homes, from newer condos like One High Line in Chelsea and the Ritz-Carlton Residences, New York, NoMad to more established buildings like the Plaza on Central Park South.
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August 27, 2024

60 luxury condos planned for the Flatiron Building

More details on transforming one of New York City's most iconic buildings into apartments were revealed this week. Developers GFP Real Estate, the Brodsky Organization, and the Sorgente Group filed plans with the city to convert the Flatiron Building into 60 residential units, as first reported by Commerical Observer. The homes could be complete by 2026, according to the Environmental Assessment Statement (EAS) filed with the Department of City Planning.
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August 2, 2024

Buying an apartment in NYC: Condo or co-op?

Choosing between a co-op and a condo is a significant decision for potential homebuyers in New York City, with each option offering unique benefits and challenges. Co-ops, where buyers purchase shares in a corporation that owns the building, often provide a more affordable and community-focused living experience but come with strict board approval processes and resale restrictions. Condos offer full property ownership with greater flexibility in renting and selling, although they typically come at a higher cost and with increased closing expenses. And condops, which provide features of both property types, allow for more flexibility but possibly higher closing costs. Ahead, learn about the key differences among these property types in New York City to find which one best aligns with your lifestyle and financial goals.
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July 18, 2024

Barbara Walters’ Upper East Side apartment sells for $15M

Barbara Walters' longtime Upper East Side apartment has sold for $14,999,900, public records show. The home at 944 Fifth Avenue hit the market last April for $19.75 million. The beloved journalist lived in the five-bedroom, five-bath pre-war apartment for 30 years until her death in 2022.
see the late journalist's stunning home