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May 6, 2015

Billionaire Carlos Slim Looks to Break Record for Priciest Townhouse Ever Sold with $80M Ask

Carlos Slim, Mexican business magnate and former world's richest person, is looking to break the record for most expensive townhouse ever sold in NYC. As the Daily News first reported, he's listed his Upper East Side Beaux Arts mansion at 1009 Fifth Avenue for $80 million, after buying it for only $44 million five years ago from Russian oil mogul Tamir Sapir. Built in 1901, the limestone-and-red-brick home is known as the Duke-Semans Mansion and is one of the last remaining private homes on Fifth Avenue. It's located directly across from the Met, rises eight stories, and encompasses a whopping 20,000 square feet. According to the listing, the French Renaissance interiors "feature soaring ceilings, hand-carved wood paneling, lovely trompe l'oeil accents, gold-leaf trimmed fixtures and intricate plaster friezes."
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May 4, 2015

The High and Low: Two Pretty Prewar Co-ops on Prospect Park

Just north and west of Grand Army Plaza and the green expanse of Prospect Park, the heavenly slice of brownstone Brooklyn where Prospect Heights  meets Park Slope is considered one of the best spots in the borough–possibly the city–to live. Its streets offer some of the area's loveliest historic townhouses and some of Brooklyn's most gracious prewar apartment buildings, home to notables from Sen. Charles Schumer to Chloë Sevigny. Near an alphabet soup of subway lines and every amenity you could imagine–from the Brooklyn Museum to Barclays Center–these two classic prewar co-ops claim this prime location, sought-after full-service buildings and pretty Deco-era bones. The first also offers the spacious layout sought by co-op buyers, and at $1.4 million for a large three-bedroom, there's plenty of room to roam. And though a diminutive studio is best for one (or two who like to be very close) this particular version, asking a double-take-prompting $350k, is on a high floor in one of the area's loveliest buildings and has the same look–minus a few hundred square feet–as its more spacious sibling.
Take a side-by-side look
May 4, 2015

Westward Ho! More and More New Yorkers Are Moving to Los Angeles

New York and Los Angeles have long been rivals, but while New York has historically emerged as the center of all things cool, the tides seem to be turning. The Times reports that more and more of the city's creatives are turning to Los Angeles as a place to call home, spurring a renaissance in a town once considered a cultural wasteland. No longer is L.A. a sun-soaked land littered with dejected actors and models, but instead it's emerging as a haven for those looking to experiment with their art without struggling to make ends meet. Read: The rents are cheap!
Find out more here
May 2, 2015

April’s 10 Most-Read Stories and This Week’s Features

April’s 10 Most-Read Stories Interior Pictures Revealed for Demi Moore’s $75M San Remo Penthouse Subway Rent Map Shows Manhattan Rental Prices Along Each Train Line Demi Moore Puts Famed San Remo Penthouse on the Market for $75M New Yorker Spotlight: Meet the Human Behind The Dogist, Elias Weiss Friedman City’s First Micro-Apartment Project ‘MY Micro […]

May 1, 2015

New Yorker Spotlight: Behind the Reference Desk at the New York Public Library with Philip Sutton

Though we're living in the digital age where we can do a tremendous amount of research online, sometimes we still need the library, and more importantly, the help of an actual person. If you happen to be researching your family or interested in learning the history of a particular building in New York, then perhaps you've stopped by the reference desk at the Irma and Paul Milstein Division of United States History, Local History and Genealogy of the New York Public Library and asked librarian Philip Sutton for help. Philip has worked in the Milstein Division for almost five years as a reference librarian. On a daily basis, he takes the journey with New Yorkers looking to learn more about their city and more often than not, to answer deeply personal questions about their families. It's a unique position to be in, and one that he takes very seriously. Originally from London, Philip has a particular expertise in helping people conduct research on building history in New York. He writes blog posts on the topic for the library and teaches a bi-monthly course aptly titled, “Who Lives in a House Like This? How to Research the History of Your New York City Home,” during which he instructs New Yorkers how to get started with their research. We recently spoke to Philip about his role at the library, and, as expected, he was full of helpful resources.
Read our full interview here
April 30, 2015

Awesome Attics: Inside the ‘Other Penthouses’ of New York City

New York City is abuzz with penthouse talk, whether it's the $100M blockbuster sale at One57, the unbelievable $150M ask for the topper at the Sony Building, or if it's all the chatter around just how much more folks are willing to pay to have these two letters in their address: PH. While we love playing the game "If I had the money..." as much the next person, we thought before we start daydreaming too far out of our financial means—or cursing the system altogether—that we'd pay homage to the city's "other penthouses," the ones far closer in reach. Okay, so they're really just tiny attics or additions, but what each of these little spaces lacks in floor area, they certainly make up in character. Check out some of the coolest, cutest and just downright amazing attic spaces we've dug up ahead!
NYC's Amazing and Adorable Attics This Way
April 30, 2015

Hilarious Cartoon Pits NYC Against San Francisco

While we're constantly complaining about rising rents here in New York, it's important to remember that there's still one other place that's got us beat–San Francisco. Though the folks in the City by the Bay may shell out some more Benjamins every month, they also seem to work less, play more, and have an all-around better outlook on life than us... at least according to this hilarious new cartoon series by Sarah Cooper. As the artist says, "After living in New York for 5 years, I recently moved to San Francisco. Neither city is clearly superior, but there are some distinct differences."
See the LOL-worthy differences here
April 29, 2015

The Four Seasons: An Iconic Interior Landmark Faces an Uncertain Future

As you probably already know, 2015 marks the 50th anniversary of the NYC landmarks law. And one of the ways the city is marking the historic event is with an exhibit at the New York School of Interior Design called Rescued, Restored, Reimagined: New York’s Landmark Interiors, which focuses on some of the 117 public spaces throughout the five boroughs that have been designated interior landmarks. In conjunction with this exhibit, Open House New York recently hosted an interior landmark scavenger hunt (for which 6sqft took eighth place out of 40 teams!), which brought participants to designated interior spaces in Manhattan, the Bronx, and Brooklyn over the course of seven hours. One of the spots we visited was the Four Seasons restaurant inside the famed Seagram Building. Through our scavenger hunt challenges here, we learned just how groundbreaking this restaurant was for its innovative design and role as the quintessential Midtown "power lunch" spot. But the Four Seasons, despite its landmark status, is facing an uncertain future.
Learn about the past, present, and future of the Four Seasons here
April 25, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

Interior Pictures Revealed for Demi Moore’s $75M San Remo Penthouse Subway Rent Map Shows Manhattan Rental Prices Along Each Train Line City’s First Micro-Apartment Project ‘MY Micro NY’ Ready for Stacking Charming ‘Back House’ Apartment Is a Tiny Treasure in the West Village New Renderings Revealed for 217 West 57th Street, the Will-Be Tallest Residential […]

April 24, 2015

Soho’s MoMA Store May Shutter Because It Can’t Afford the Rent

Soho's rapidly rising rents have just taken another victim, this time the neighborhood institution potentially being booted is the area's beloved MoMA Design store at 81 Spring Street. Crain's reports that the owner of the three-level, 14,500-square-foot space wants an annual rent of $2.5 million—that's three times more than what the area was asking when MoMA took up residency over 13 years ago.
Find out more here
April 21, 2015

St. Patrick’s Cathedral Reveals $177M Restoration, Now What?

"Is that St. Patrick's Cathedral?" asked the passerby. "Yes. It's just been cleaned." "So that's why I didn't recognize it. I was looking for something gray." To the pleasure of all, St. Pat's has emerged from its cocoon and it is brilliant to behold. Scaffolding is still up inside the cathedral, sharing the space with worshippers; and work may go on through the rest of this year. It is an enormous building, after all, occuping a full city block between 50th and 51st Street, and Fifth and Madison Avenues. On the outside the building was always impressive; now it is magnificent. It makes one think of the panoply and power of the Church, stately processions, gorgeous robes, bejeweled crosses and cardinals' rings, incantations of the priests and congregation extolling the glory of God. It also makes one think of the cost—$177 million—and wonder how far that money would go to aid the poor and feed the hungry of the earth, traditional missions of Christianity. Not very far, maybe, since world hunger is not assuaged by one meal. But to be a glittering promise of sublime afterlife for millions—that is conceivably worth it.
What's next for St. Patrick's?
April 21, 2015

The Rise of Single People Hurts Affordable Housing

NYC's affordable housing crisis makes headlines daily, but while most are quick to point to the exploitation and mismanagement of existing apartments as the root of the cause (which to a great degree it most certainly is), the Washington Posts asks us to consider the effect single folks have on a city's housing inventory. Today, more and more folks are living longer and marrying later (if at all), and living alone at any given age no longer carries the stigma it once did decades ago. 26 percent of modern American households consist of just one person now, compared to the 1940s when this number topped out at just seven percent. While this dynamic shift seems more like a cause for celebration (yay, we're evolving and defying convention) it does have some serious implications when it comes to available housing. "Our housing stock wasn't built for a society full of singles," says reporter Emily Badger.
more on the issue here
April 21, 2015

Extell’s ‘Poor Door’ Building Receives a Staggering 88,000 Applicants

Poor doors be damned. It looks like the anger and public outcry swirling around Extell's new 50 Riverside Boulevard condo didn't do much to deter New Yorkers from vying for a low-income unit at the building. The Times reports that the development company received a whopping 88,000 applications for the building's 55 affordable apartments after they opened up the lines back in February. The overwhelming demand is most certainly a win for developer Gary Barnett, who found himself in the hot seat for creating a separate entrance for low-income tenants, away from the market-rate residents. When speaking to the paper, Barnett called the whole poor door ordeal a “made-up controversy” adding to that “I guess people like it. It shows that there’s a tremendous demand for high-quality affordable housing in beautiful neighborhoods."
So do poor doors really matter?
April 20, 2015

Going Green and Curbing Gentrification: How the Bronx Is Doing It Differently

“Ladies and gentlemen, the Bronx is burning." The infamous phrase, uttered in a 1977 broadcast of a Bronx fire, has stuck in the mind of many New Yorkers even today. Indeed, the Bronx saw a sharp decline in population and quality of life in the late 1960s and 1970s, which culminated in a wave of arson. By the early 1980s, the South Bronx was considered one of the most blighted neighborhoods in the country, with a 60 percent decline in population and 40 percent decline of housing units. Although revitalization picked up by the '90s, the Bronx never quite took off like its outer-borough counterparts Brooklyn and Queens. While media hype, quickly rising prices and a rush of development has come to characterize those two boroughs, the Bronx has flourished more quietly. The borough, nevertheless, has become home to growth and development distinct from the rest of New York City. Innovative affordable housing, adaptive reuse projects, green development and strong community involvement are redefining the area. As Bronx Borough President Ruben Diaz Jr. said during this Municipal Arts Society discussion in 2014, this is "The New Bronx."
Keep Reading About What's Going on in the Bronx
April 20, 2015

The Nation’s Largest Wealth Gap Is In…; Eco-Activist Plans to Swim the Gowanus on Earth Day

The nation’s largest wealth gap is in Manhattan. Surprised? [Crain’s] A clean-water activist plans to take the ultimate plunge on Earth Day, swimming 1.8 miles through Brooklyn’s toxic Gowanus Canal. [Brooklyn Paper] Five real estate myths that snag buyers and sellers. [Washington Post] Real estate crowd funding firm Prodigy Network has plans to develop shared […]

April 16, 2015

See the Last Days of Streit’s Matzo Factory Through Somber Black-and-White Photos

Whether you celebrate Passover or not, you've undoubtedly seen the pink boxes of Streit's Matzo in the grocery store each spring. For 90 years, Streit's has been churning out this iconic product at the rate of almost 900 pounds of matzo an hour on Rivington Street on the Lower East Side. But at the beginning of the year, New Yorkers received the sad news that the last family-owned matzo factory in the U.S. was purchased by a developer and the company would be moving its operations to New Jersey (a move also echoed this week by Junior's Cheesecake). But before they head across the Hudson, photographer Joseph O. Holmes has captured the final days of this fifth-generation working-class landmark, which Fast Co. Design aptly describes as "New York's Jewish Willy Wonka Factory." His black-and-white photos are somber, telling of his personal feelings about the loss of Streit's and the gentrification of the Lower East Side.
See all the photos here
April 16, 2015

New Clinton Hill Building with $1,064 Two-Bedroom Apartments Now Taking Applications

Clinton Hill rents may be skyrocketing, but there are a handful of units coming up sure to bring some peace of mind to those worried that the neighborhood is turning into another haven for the rich. DNA Info reports that a brand new building coming up at 490 Myrtle Avenue at Hall Street that will boast a terrace, veggie garden, reflecting pools with cabanas and $1,064 two-bedroom apartments. The building is sited along one of the more rapidly gentrifying areas of the neighborhood, just a block away from the Pratt Institute along a stretch of Myrtle Avenue that is about to see a serious boom in new developments and green space.
Find out more here and if you qualify for one of the units
April 15, 2015

Ruffle Bar and Robbins Reef: NYC’s Forgotten Oyster Islands

Today, when most New Yorkers think of oysters it has to do with the latest happy hour offering the underwater delicacies for $1, but back in the 19th century oysters were big business in New York City, as residents ate about a million a year. In fact, oyster reefs once covered more than 220,000 acres of the Hudson River estuary and it was estimated that the New York Harbor was home to half of the world's oysters. Not only were they tasty treats, but they filtered water and provided shelter for other marine species. They were sold from street carts as well as restaurants, and even the poorest New Yorkers enjoyed them regularly. Though we know the shores of Manhattan, especially along today's Meatpacking District and in the Financial District near aptly named Pearl Street, were chock full of oysters, there were also a couple of islands that played a part in New York's oyster culture, namely Ruffle Bar, a sandbar in Jamaica Bay, and Robbins Reef, a reef off Staten Island marked with a lighthouse.
Find out about these two forgotten islands
April 15, 2015

Jet Blue Wants to Turn the TWA Terminal into a Hotel; NYPL Requests Proposals for Its Flagship Redesign

New Jersey is becoming more and more like Brooklyn by the minute. Junior’s is moving its baking facility to NJ. [Crain’s] Jet Blue wants to turn the iconic Eero Saarinen-designed TWA flight terminal at JFK into a hotel. [WSJ] Bruce Eichner on collecting air rights for his supertalls. [CO] The NY Public Library is moving forward with plans […]

April 15, 2015

Former West Village B&B Sells as a Single-Family Townhouse for $25M

The West Village mansion at 278 West 11th Street hit the market for $30 million in March of last year, which was a huge jump from the $8.2 million owner George Agiovlasitis paid for it in 2011. But he did buy the property when it was a purple bed and breakfast and transform the 6,500-square-foot Greek Revival townhouse into a single-family home, revealing its original brick façade and replacing the historic stoop. Agiovlasitis has now made quite the profit, unloading the house for $25 million, according to city records released today. The buyer is Paula Wardynski, senior vice president of finance at 21st Century Fox, according to The Real Deal.
Take a look around the stunning residence
April 14, 2015

This Map Lets You Explore NYC’s 592,130 Street Trees by Species and Trunk Thickness

If you feel like your allergies go into overdrive when you're in the city, don’t be so quick to blame it on all the dust and must being kicked up by passing cars. As it turns out, New York’s flora is far more diverse and abundant than you’d suspect. Jill Hubley, a Brooklyn web developer, took data from the 2005-2006 Street Tree Census and found that there are about 592,130 trees on public streets alone. But beyond pinpointing where each street tree sits, Hubley's map also identifies a tree's species and trunk thickness. What emerges from her study is a kaleidoscope of colors and a fascinating look at the city's biodiversity.
Find out more here
April 13, 2015

Piece of the Berlin Wall Returning to Midtown; Biggie Smalls Murals on the Rise

After a painstaking conservation job, a 33,000-pound, 20-foot section of the Berlin Wall belonging to Jerry I. Speyer, chairman of the Tishman Speyer real estate company, will return to Midtown. [NYT] Preservationists and local elected officials will try again to have Coney Island’s iconic boardwalk designated a scenic landmark. [Brooklyn Daily] Is Biggie Smalls becoming […]

April 10, 2015

VIDEO: Illegal ’60s Rooftop Concert in Midtown Shows the People and Architecture of Another NYC

It was the winter of 1968 when Jefferson Airplane took to the rooftop of the Schuyler Hotel in Manhattan. The band had just released their fourth album and had also just made the cover of LIFE magazine. High on life—and likely some other stuff—they blasted from their PA atop the nine-story hotel Midtown hotel: "Hello New York! New York, wake up you fuckers! Free music! Nice songs! Free love!" The band got a solid crowd going and at least one song in, but it didn't take very long for the NYPD to show up—the concert was causing traffic jams on the surrounding streets as New Yorkers crowded around the hotel to get a better look. Although the concert was quickly broken up, it was also captured on video by none other than Jean Luc Godard and D.A. Pennebaker. (Fun side fact: Many claim that the Beatles ripped off the band's performance with their show atop a London building about two months later.)
Watch the video here
April 10, 2015

High Rents Lead Newlyweds to Seek Roommates

For most New Yorkers, moving to the big apple means finding a roommate. And while switching from the dorms to another no-privacy situation isn't ideal, we usually slog through it because we tell ourselves it's only temporary. For many people, the light at the end of the tunnel is marriage–finally settling down and shacking up–but a story today in the New York Times takes a look at the increasing trend of newly married people living with roommates thanks to the city's ever-rising rents.
More on the trend here