Search Results for: fifth avenue financial new york

November 13, 2014

118 East 59th Street: Boutique Skyscraper To Rise in Hybrid Area Between Midtown and the UES

An exclusive condo tower is set to rise within the quickly changing area where Midtown East's commercial bustle tempers down into the elegant residential blocks of the Upper East Side. Located at 118 East 59th Street near Park Avenue, the unassuming site is being developed by Hong Kong-based Euro Properties, their first foray into the Manhattan market. The mid-block tower will soar 38 stories yet contain only 29 units–another example of the city’s new and somewhat oxymoronic building type, the boutique skyscraper, which typically contains fewer units than a standard six-story co-op building, and even fewer inhabitants. This 59th Street project will join the ranks of 432 Park Avenue (1,398 feet/104 units), 520 Park Avenue ( 781 feet/31 units), and 125 Greenwich Street (1,375 feet/128 units) as buildings with the greatest height-to-unit-count disparity.
More on the tower here
September 19, 2014

Mapping the Evolution of the Lower East Side Through a Jewish Lens, 1880-2014

Long considered the capital of Jewish America, this overpoweringly cramped neighborhood was considered by many to be the greatest concentration of Jewish life in nearly 2,000 years. Between 1880 and 1924, 2.5 million mostly-impoverished Ashkenazi Jews came to the US and nearly 75 percent took up residence on the Lower East Side. According to the Library of Congress, by 1900, more than 700 people per acre were settling in a neighborhood lined with tenements and factories. And as quickly as they descended on the streets, all sharing a common language (mostly Yiddish) and most certainly, similar backgrounds, they quickly established synagogues as early as 1865 (the landmarked Bialystoker Synagogue, whose congregants were mostly Polish immigrants from Bailystok), small shops, pushcarts teeming with goods, social clubs and even financial-aid societies. By 1910, the Lower East Side’s population was well over the five million mark, but sadly, such congestion habitually caused havoc.
Learn more about the history of the LES here
August 26, 2014

From Broadway to Brokerage: Tom Postilio & Mickey Conlon of CORE on the Similarities of Show Biz and Real Estate

No need to rub your eyes, if Tom Postilio and Mickey Conlon look familiar, it's probably because you've spent a season watching them run around Manhattan showing multi-million dollar properties to some of the world's richest. The pair, who also share a Broadway past, were one of the first to bring real estate reality television to the masses with HGTV's hugely popular Selling New York. But there's more to Tom and Mickey than their stage sheen. To date, the "Dream Team" has brought in over a $1.5 billion dollars in sales at CORE, securing the firm's spot as the #1 brokerage in town, and earning themselves CORE's 2013 Top Producer Award while at it. Charismatic and capable, it comes as no surprise that Tom and Mickey are a prime pick amongst developers and celebs looking for record-breaking results (David Sanborn, Lady Gaga, Jim Carey and Joan Collins are just a few of the names that make up their roster). We recently chatted with the powerhouse pair who gave us the scoop on everything from their first sales, to bringing what they learned on Broadway to the real estate business, to one of their most memorable closings involving a 7-foot fiberglass replica of the Statue of Liberty!
Read our interview with the dynamic duo here
August 13, 2014

Gastro-Architecture Looks at Landmarks Through a Culinary Lense

Foodies are rampant in today's urban metropolises, but this time, instead of talking fish tacos and foie gras, we're talking buildings. Nicholas Blechman, art director for the New York Times Book Review, has reimagined some of the world's most famous landmarks as food in his delightful series Gastro-Architecture. From drawing the dome of St. Peter’s Basilica as a lemon juicer to noting the striking resemblance of Kohn Pedersen Fox's Shanghai World Financial Center to a can opener, Blechman has created an entirely new type of architectural review.
Check out our favorite NYC illustrations from Gastro-Architecture
July 16, 2014

Real Estate Wire: How to Turn a Bed-Stuy Church Into Condos; Another Real Estate Bubble on the Horizon?

Smart adaptive reuse or an alarmingly bad design? A Bed-Stuy church conversion sees the historic structure all boxed up. [Brownstoner] Is the city’s booming real estate market a reflection of the city’s strong economy or a bubble driven by speculative investment? Greg David investigates. [Crain’s] A new hotel designed by Peter Poon will replace a […]

April 5, 2014

Sky High Living: Inside the Penthouses of 10 of Manhattan’s Supertalls

Manhattan is known for hosting more than a handful of the world's most luxurious homes — many of which are perched hundreds if not thousands of feet above ground. Though few folks will ever get to see the interior of anything higher than their 5-story walk-up, we're offering up a look into how New York's loftiest live. From the "smallest" to the tallest, take a peek into the penthouses of 10 of Manhattan's supertall condos ahead. And just to give you a little more context, the Empire State Building soars 1,250 feet high.
It's a tall, tall world