Search Results for: hudson yards

NYC opens 12 more miles of open streets

Photo courtesy of NYC DOT/Flickr

May 13, 2020

NYC opens 12 more miles of open streets

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This brings the total to nearly 21 miles since Mayor de Blasio first announced that he'd be opening up 40 miles of streets to pedestrians by the end of the month, with an ultimate goal of 100 miles throughout the current COVID crisis. In his press conference this morning, the mayor announced the third round of open streets totaling 11.7 miles would be opening tomorrow, along with 9.2 miles of protected bike lanes by the end of May. Some of the new open streets include those in Hudson Yards, the first on the Upper West Side and in Long Island City, and those adjacent to seven more parks in Brooklyn.
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Jeff Bezos now owns $96M worth of apartments in Flatiron condo

Rendering of 212 Fifth Avenue by Visualhouse; Photo of Jeff Bezos via Wiki Commons

April 17, 2020

Jeff Bezos now owns $96M worth of apartments in Flatiron condo

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Amazon behemoth and richest person in the world Jeff Bezos has been making headlines in recent weeks for his $100 million donation to U.S. food banks. He's also become $24 billion richer since the coronavirus crisis sent Amazon's stocks surging. And it looks like he's taking a very small percentage of that fortune and expanding his real estate investment in NYC. The Post reports that Bezos just dropped $16 million on an apartment in the Flatiron condo 212 Fifth Avenue. Last June, he bought three units in the building totaling $80 million, making it the largest deal to ever close in New York south of 42nd Street. Now he can create a mega-mansion in the sky.
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See NYC landmarks turn blue in honor of essential workers

Photo by Jörg Angeli on Unsplash

April 10, 2020

See NYC landmarks turn blue in honor of essential workers

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To show support for New York City's essential workers on the frontline of the coronavirus pandemic, a number of buildings turned blue Thursday night. Madison Square Garden, One World Trade Center's spire, Beacon Theatre, Pier 17, Hudson Yards' Vessel, and more join more than 100 landmarks across the country as part of the #LightItBlue campaign. The nationwide lighting will occur weekly every Thursday.
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Two terraces and a grassy rooftop oasis make this $7.85M Tribeca penthouse a dream

Photos by Travis Mark for The Corcoran Group

April 9, 2020

Two terraces and a grassy rooftop oasis make this $7.85M Tribeca penthouse a dream

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The outdoor space at this Tribeca penthouse would be enviable at any time, but during New York State on PAUSE it's truly a dream. Located at 49 Murray Street, there are two large terraces, as well as a huge, grassy rooftop with a full outdoor kitchen and incredible lower Manhattan views. The interior is just as incredible; it's spread over three floors and has five bedrooms, a floating steel-and-glass staircase, and sleek, contemporary finishings. It's currently listed for $7,850,000 or as a $30,000/month rental.
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Amazon snags two Fairway Market stores in NJ

Photo by Dougie WII on Wikimedia

March 26, 2020

Amazon snags two Fairway Market stores in NJ

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Amazon has acquired the leases for two Fairway Market stores in New Jersey, half the number of stores the company originally hoped to buy. According to Supermarket News, the online retailer will acquire Fairway's Paramus and Woodland Park, N.J. store leases for $1.5 million. It's unclear why Amazon's offer for stores in Red Hook and Westchester fell through. The auction comes just a few months after the beloved New York City grocery store filed for bankruptcy.
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Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

Photo courtesy of Lord & Taylor

March 13, 2020

Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

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After The Real Deal first learned of the possible deal in late February, the Post is now reporting that Amazon is doling out $1.15 billion to acquire Midtown's Lord & Taylor building from WeWork. Rumors that Amazon would potentially lease the building circulated last summer ahead of WeWork's planned IPO. The sale will have big implications for both companies, giving WeWork much-needed capital and representing Amazon's largest real estate acquisition to date. According to the Post, the landmark building will become Amazon's NYC headquarters and home to "several thousand employees in the coming years."
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NYC’s coronavirus cancellations, closures, and precautions

Photo by Dimitry Anikin on Unsplash

March 11, 2020

NYC’s coronavirus cancellations, closures, and precautions

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With city and state government closing schools until at least the end of April and shutting down restaurants and bars aside from takeout and delivery, NYC is in unprecedented times. 6sqft has begun compiling a list of closures, cancellations, and postponements, as well as information on how the subway, ride-share companies, and public entities like libraries are handling the outbreak and how refunds or credits are being issued. As the situation develops, we'll be updating this list to the best of our knowledge. This list was last updated at 2:30 pm on Thursday, March 26.
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Apple signs lease for four floors at 11 Penn Plaza

Streetview of 11 Penn Plaza, Map data © 2020 Google

February 25, 2020

Apple signs lease for four floors at 11 Penn Plaza

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After the Post first reported speculations of the deal in January, they now report that Apple will lease four floors of space at 11 Penn Plaza. Sources told the Post that the tech giant became interested in the 1.15-million-square-foot building that stretches along Seventh Avenue between West 31st and 32nd streets across from Madison Square Garden after losing out to Facebook on a spot in the Farley Building. However, those with knowledge of the deal say that Apple has only signed a five-year deal, which may suggest that they are still keen on finding a larger, more permanent home in NYC.
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12 places to watch the Oscars in New York City

Photo courtesy of Metrograph LLC/Minu Han

February 5, 2020

12 places to watch the Oscars in New York City

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We're living in a Netflix, Disney Plus world, and that means that a lot of New Yorkers don't have cable to watch big events like the Oscars. But if you want to get in on the Academy Awards action this Sunday, fear not. There are tons of bars, restaurants, and theaters hosting viewing parties. Step back to 1920s Hollywood at Metrograph or the Roxy Cinema, take an Oscars-themed cocktail class before the show at Parklife, spoof the nominees at Brooklyn Comedy Collective, and much more. Ahead, we've rounded up 11 spots around NYC to watch the 92nd Oscars on February 9th.
Check out the list
Chef José Andrés will open two new restaurants at the forthcoming Ritz-Carlton in Nomad

Rendering courtesy of Flag Luxury Group; portrait of José Andrés by Blair Getz Mezibov

January 29, 2020

Chef José Andrés will open two new restaurants at the forthcoming Ritz-Carlton in Nomad

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Renowned chef José Andrés is growing his presence in New York City with two new restaurants in The Ritz-Carlton hotel currently rising in Nomad. Andrés' ThinkFoodGroup has been tapped by developer Flag Luxury Group to oversee all food and beverage at the 250-room hotel which is slated to open in 2021. In addition to the two restaurants, the group will run a rooftop bar, lobby lounge, and in-room dining services. Andrés made his NYC debut in 2019 with the opening of Mercado Little Spain at Hudson Yards, a 35,000 square-foot food hall encompassing three restaurants, tapas kiosks, a Spanish goods market, and several bars.
Details here
Sales launch from $1.4M at Thomas Heatherwick’s Lantern House, amenity spaces revealed

Courtesy of Related Companies

January 28, 2020

Sales launch from $1.4M at Thomas Heatherwick’s Lantern House, amenity spaces revealed

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Sales have officially launched at Thomas Heatherwick's condo project on the High Line, developer Related Companies announced Tuesday. Located at 515 West 18th Street, Lantern House consists of two bubbled towers that straddle the elevated park, one at 10 stories and 22 stories. Pricing for the residences, which include one- to four-bedroom units, start at roughly $1.395 million and go up to about $17 million. And more details on the building's amenity spaces were released, with renderings now available of the Equinox-curated health club with a swimming pool, outdoor terrace, roof deck, and private dining space.
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In Gramercy’s new Fotografiska museum, Verōnika restaurant takes a creative approach to preservation

Photos by Adrian Gaut

January 28, 2020

In Gramercy’s new Fotografiska museum, Verōnika restaurant takes a creative approach to preservation

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On the second floor of the new Fotografiska outpost in Gramercy—a branch of the Swedish photography museum—is a sumptuous new restaurant that's quickly becoming one of the city's most sought-after reservations. Verōnika (named after the patron saint of photography) was designed by Roman and Williams (known for their work on similarly chic Le Coucou, Upland, and La Mercerie) who worked closely with restaurateur Stephen Starr to define the space. Informed by the tradition of grand European cafés, the 150-seat restaurant is filled with elegant details and textures: soaring 20-foot ceilings, warm brass chandeliers, wood-trimmed arched doorways, velvet banquettes, and leather chairs.
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New details and looks for Essex Crossing’s second condo building

Credit: VMI Studio

January 24, 2020

New details and looks for Essex Crossing’s second condo building

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Sales will launch at Essex Crossing's second condo building this spring, developers announced. Dubbed One Essex Crossing, 202 Broome Street is the seventh of nine buildings currently under construction or completed at the Lower East Side site. A teaser website and new rendering were released this week for the 83-unit tower, as first reported by Curbed NY, as well as additional details about the impending sales launch.
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New York had offered Amazon $800M more than originally known for HQ2 site

CC Photo via Cheap Full Coverage Auto Insurance on Flickr

January 6, 2020

New York had offered Amazon $800M more than originally known for HQ2 site

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In its attempt to lure Amazon to open its second headquarters in New York, officials offered the company $800 million more in incentives than previously known to the public. Documents obtained by the Wall Street Journal reveal the breadth of the proposal from state and city leaders as part of Amazon's year-long contest in 2017 to find a new home for 50,000 jobs. According to the WSJ, the original offer to Amazon included $1.4 billion of tax credits, $1.1 billion in grants, and part of the salaries paid for some employees.
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6SQFT’S TOP STORIES OF 2019!
December 31, 2019

6SQFT’S TOP STORIES OF 2019!

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As we wrap up 2019, 6sqft is taking a look back at the top stories of the past 12 months in topics like apartment tours, new developments, news, and city guides. From a rare look inside a 220-square-foot Chelsea Hotel SRO to guides to the city's best museums to plenty of news about the newest openings at Hudson Yards, these are the stories that readers couldn't get enough of.
See the full list here
21 experts on NYC’s most important projects of the past decade
December 30, 2019

21 experts on NYC’s most important projects of the past decade

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As the decade draws to a close, we're reflecting on the growth and evolution of New York City during the 2010s. In the past 10 years, the city has seen the rebirth of neighborhoods, the creation of a totally new one, the return of a major sports team to Brooklyn, and the biggest subway expansion in decades. We've asked notable New Yorkers to share which project of the past decade they believe has made the most significant impact on the city, from the redevelopment of the World Trade Center site to the revival of the Coney Island boardwalk.
The full list ahead
Ultra-high-end sales defined the 2019 real estate market

Looking north towards Billionaires’ Row in early October © 6sqft

December 27, 2019

Ultra-high-end sales defined the 2019 real estate market

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Throughout the year, there was much speculation that the real estate market was on a decline, but according to CityRealty's annual Manhattan Year-End Report, ultra-high-end sales continue to keep the market strong. On par with 2018's 228 sales, this year saw 221 sales at $10 million or more, totaling $4.6 billion, up from last year's $4.2 billion. As CityRealty tells us, this is "largely due to big-ticket purchases near the southern end of Central Park, most notably at 220 Central Park South," which accounts for one-third of that total, as well as a glut of new development condos coming online.
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Dunkin’ and MetroPCS thrive in NYC despite overall drop in number of chain stores

Photo by Photo by Susan Sermoneta on Flickr

December 20, 2019

Dunkin’ and MetroPCS thrive in NYC despite overall drop in number of chain stores

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The number of chain stores in New York City dropped for the second consecutive year, down 3.7 percent in 2019, according to a new report. Despite this decline in retailers, two stores continue to grow across the five boroughs: Dunkin' and Metro by T-Mobile. The Center for an Urban Future's annual "State of the Chains" report found that the coffee chain is the city's largest national retailer with 636 total stores, adding 12 locations since 2018, followed by the cell phone store, formerly called MetroPCS, which operates 468 stores citywide.
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Billionaire’s Row tops list of most expensive streets in the world

Looking north towards Billionaires’ Row in early October © 6sqft 

December 17, 2019

Billionaire’s Row tops list of most expensive streets in the world

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A new study of the top "ultra-prime" locations in the world dispels any doubt that Billionaire's Row is living up to its name. London-based property consultancy Knight Frank, along with Douglas Elliman, looked at the number of homes sold for over $25 million since 2015 and found the greatest concentration along Midtown's 57th Street, where 41 transactions have been closed in the last five years at an average price of $38.5 million. Manhattan cracked the top ten three more times, with Central Park South coming in third, followed by Park Avenue and Fifth Avenue in fourth and seventh place.
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NYC real estate experts offer their 2020 predictions

Photo by Leonhard Niederwimmer via Pixabay

December 16, 2019

NYC real estate experts offer their 2020 predictions

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In some ways, 2019 was a continuation of the past few years: political and global uncertainty loomed over the New York real estate market, development continued at a steady pace, and prices were as high as ever. (Oh wait -- they were actually higher.) But the year also brought notable changes, from a total overhaul of rent and tenant protections, increased urgency in regards to climate change, an increasingly buyer's market, and dry-up of the once pervasive rental concessions. So what's in store for the year ahead? Real estate experts believe sustained political uncertainty -- particularly around an election year -- could mean buyers proceed cautiously. The new rent laws will undoubtedly shape New York, as both the rental and condo markets tighten. Pre-war design will make a comeback in defiance of glassy modern architecture, while the focus on sustainability will increase and amenities will become more flexible.
Keep reading for the 6sqft's full roundup of 2020 predictions.
Announcing 6sqft’s 2019 Building of the Year!

Rendering via DBOX; frame via Pixabay

December 13, 2019

Announcing 6sqft’s 2019 Building of the Year!

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The votes have been tallied, and it’s time to name the 2019 Building of the Year! The winning title belongs to none other than Nomad's Madison House at 15 East 30th Street. The 62-story tower beat out 11 other significant NYC buildings, taking first place with 1,284 votes, 34% of the 3,823 total votes cast. Not only is the building the tallest in Nomad at 805 feet, but its sleek design from Handel Architects was done in a unique decagon shape that allows all of the 199 apartments to have column-free corners. Plus, Nomad is an ever-burgeoning neighborhood full of hip restaurants, plenty of transit options, and one of the city's greatest concentrations of fitness studios.
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One Vanderbilt’s observation deck named the Summit, will have two glass-floored overhangs

Photo of One Vanderbilt on December 11, 2019 © 6sqft

December 11, 2019

One Vanderbilt’s observation deck named the Summit, will have two glass-floored overhangs

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After attending a presentation by One Vanderbilt's developer SL Green, the Post was able to share some juicy new details on the office building's observation deck, which will be the second-highest outdoor deck in the city and is being designed by Snøhetta. Now known as The Summit at One Vanderbilt, the 59th-floor deck will have "two step-out, glass floor ledges that overhang Madison Avenue." Also on this floor will be food and beverage options, and on the floor below will be an "'infinity room' with 40-foot-high ceilings." The building is set to open in August 2020, while the Summit will begin welcoming guests (who will pay $35 for the experience) at the end of 2021.
More details right here
Facebook in talks for office space at former Farley Post Office in Midtown

Rendering courtesy of Skidmore, Owings & Merrill via Gov. Andrew Cuomo’s office

December 6, 2019

Facebook in talks for office space at former Farley Post Office in Midtown

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Facebook is looking to expand its New York City footprint once again. The social media company is in talks to lease about 700,000 square feet at the former James A. Farley Post Office, a city landmark in Midtown currently being converted into a mixed-use building. If the deal is inked, Facebook would become one of the largest corporate tenants in the city with 3 million square feet of office space leased, as first reported by the Wall Street Journal.
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VOTE for 6sqft’s 2019 Building of the Year
December 5, 2019

VOTE for 6sqft’s 2019 Building of the Year

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If you had to boil it down, 2019 has been an important year for advancing the city's most noteworthy residential projects. Perhaps no news was more important than the official opening of Hudson Yards, which introduced a collection of sleek towers to the Manhattan skyline. (Two Hudson Yards buildings, 15 and 35 Hudson Yards, have made this list.) But that still didn't overshadow other glittering towers now transforming the skyline: the world's tallest residential tower at Central Park Tower, the most expensive residential sale in the country at 220 Central Park South, and the highest infinity pool in the Western Hemisphere at Brooklyn Point. It's been a year of construction progress, eye-popping sales prices, and exceptionally luxurious apartments and amenities behind unique facades. Our picks are down to 12 of the most notable residential structures this year. Which do you think deserves 6sqft’s title of 2019 Building of the Year? To have your say, polls for our fifth annual competition will be open up until midnight on Friday, December 13th and we will announce the winner on Monday, December 16th.
Cast your vote!
David Rockwell-designed food hall to open at Manhattan West complex

Rendering courtesy of Brookfield Properties

December 4, 2019

David Rockwell-designed food hall to open at Manhattan West complex

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A new food hall designed by David Rockwell is coming to Manhattan's West Side. Brookfield Properties announced on Tuesday plans to open a 40,000-square-foot venue at Manhattan West, a six-building development currently under construction that includes space for office, residential, retail, and a hotel between 9th and 10th Avenues. Dubbed "Citizens" and run by hospitality company sbe, the concept includes two full-service restaurants, multiple bars, and a fast-casual market.
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