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A major New York City landlord will pay $2.1 million to settle thousands of violations across its properties under a settlement announced by Mayor Zohran Mamdani on Friday. The deal covers 14 A&E Real Estate-owned buildings, requiring the landlord to pay fines, fix more than 4,000 building-code violations, and bar further harassment of tenants. The settlement concludes a year-and-a-half legal battle that began under former Mayor Eric Adams and is the largest in the history of the Department of Housing Preservation and Development’s (HPD) Anti-Harassment Unit, according to Gothamist.
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Policy

Brooklyn Tower relaunches sales, with studios from $965K

Photo credit: Evan Joseph

June 10, 2025

Brooklyn Tower relaunches sales, with studios from $965K

Nearly a year after Silverstein Properties took control, Brooklyn Tower has relaunched sales, with a new marketing team and a new address. The supertall skyscraper at 85 Fleet Street (formerly 9 Dekalb Avenue) first launched sales in 2022 but struggled to make much headway, with just 23 of the 143 condos sold to date. Now, with Corcoran Sunshine leading sales efforts, listings at the tower are once again live, with condos priced from $965,000 for a studio.
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NYC’s earliest concrete building in Gowanus back on market for $3M

Photos by Vanessa DeGarcia, courtesy of The Corcoran Group

May 15, 2025

NYC’s earliest concrete building in Gowanus back on market for $3M

The Coignet Stone Building, the earliest known concrete building in New York City, is back on the market for $2,995,000. Located at 360 3rd Avenue in Gowanus, the landmarked structure was built in 1873 as both a showroom and a physical advertisement for Francois Coignet's concrete construction company, marking the first documented use of concrete for a building in the city. Whole Foods purchased the property in 2005 and completed a $1.3 million restoration in 2016 before listing it for $6 million. The building returned to the market in 2019 as a proposed residential townhouse, asking $6.5 million.
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Brooklyn Heights modernist landmark Merz house is back on the market for $5.85M after total renovation

Photo credit: REPN/Rachel Kuzma & Kellen Houde for The Corcoran Group

October 17, 2022

Brooklyn Heights modernist landmark Merz house is back on the market for $5.85M after total renovation

By Michelle Cohen

The modernist townhouse at 44 Willow Place in Brooklyn Heights is a New York City icon. Designed by renowned architects Joseph and Mary Merz in 1965, it is one of a trio of distinctive townhouses on a secluded historic Brooklyn Heights street known by locals as Willowtown. A true trophy home for lovers of modernism, the property was recently given a gut renovation while preserving its landmarked facade. Within the 3,036-square-foot house are three bedrooms, a 21st-century kitchen, artfully-designed living, dining and home office spaces, and a private garage. The reimagined home is asking $5,850,000.
Tour this updated modernist masterpiece

Distinctive Homes

See inside One Wall Street, the largest office-to-residential conversion in NYC

Photo credit: Evan Joseph for Macklowe Properties

August 17, 2022

See inside One Wall Street, the largest office-to-residential conversion in NYC

A New York City Art Deco landmark is showing off its second act as a luxury residential tower. Once one of New York's tallest office buildings, One Wall Street now boasts a new superlative: the largest office-to-residential conversion in the city's history. Developed by Macklowe Properties, the 566-unit tower sits within the restored former Irving Trust Company Building, designed in 1931 by famed architect Ralph Walker. New images of the residences and innovative co-working space were released this week, providing a first peek inside one of the city's most unique new residential buildings.
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What will post-pandemic real estate look like in NYC? Experts weigh in

Photo by Clay LeConey on Unsplash

March 29, 2021

What will post-pandemic real estate look like in NYC? Experts weigh in

A year ago, there was so much uncertainty surrounding the pandemic and politics, which made real estate somewhat of a gamble, at least in hard-hit New York City. When it came to the headlines, it seemed all anyone could talk about was the mass exodus from the city. Home prices were soaring in the surrounding suburbs, with stories of lines around the block for open houses and bidding wars. But in the city, vacancies were at an unprecedented high. A year later, though, and a quarter of New Yorkers are vaccinated, and we're starting to see "normal" life resurface. To understand how the residential real estate market is rebounding, we spoke to experts in the field, including brokers, developers, and data gurus, to get their thoughts on timing, prices, the luxury market, surrounding suburbs, and more.
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Real Estate Trends

Sales launch at new Prospect Park-facing condo tower, from $2.4M

Renderings courtesy of Binyan Studios

August 7, 2020

Sales launch at new Prospect Park-facing condo tower, from $2.4M

A condo building across from Prospect Park in Brooklyn launched sales this week, with two-bedrooms starting at $2.395 million. Located next to landmarked Grand Army Plaza, One Prospect Park West in Park Slope was built in 1925 and once served as a hotel for the Knights of Columbus and later as a senior home. Developer Sugar Hill Capital Partners is converting the historic 10-story building into a luxury condominium with 64 residences with 40 unique floor plans.
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July 27, 2018

Are barns the next Williamsburg? Millennials head out of NYC to ‘upcycle’ rustic residences

By Michelle Sinclair Colman

Millennials are masters of upcycling, the practice beyond recycling products and things to not just reuse them but make them better. This trend is now extending to the real estate sector, where we're seeing some pretty spectacular renovations of historic barns into stunning homes. Below are five great examples of upcycling historic barns in a way that modernized the structures and added luxe amenities while honoring the authenticity and origin of the structures. All for sale and all within a few hours drive of New York City, these barn homes can be your country dream - or reality.
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July 19, 2018

Top 10 architecture day trips just outside NYC for Modernism lovers

By Diane Pham

Summer is the perfect time to get out of town and explore what's beyond the borders of the city. While there is certainly no shortage of nature escapes and historic hideouts nearby, just outside of Manhattan in about every direction are also numerous modernist treasures to admire. Ahead is 6sqft's round-up of the 10 best destinations for architecture enthusiasts with a penchant for modern design.
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May 30, 2018

Just an hour outside NYC, this historic NJ ‘bank house’ is less than $350K

By Michelle Sinclair Colman

Just over an hour's drive west of Midtown, in Lebanon Township, NJ, this three-story, three bedroom house is asking just $347,000 (h/t CIRCA). And though it's priced much less than most Manhattan studios, it sits on nearly nine acres of land. For sale for the first time in 35 years, the circa 1810 Bank House has a modern kitchen and baths and a third-floor addition, but retains its vintage charm with preserved interior period details such as hand-hewn beamed ceilings, wide-plank pine floors, deep window wells, a wood-burning fireplace, and Jersey winder stairs.
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Image via Pixabay

February 22, 2018

NYC developments get smart: A look at the latest residential building technologies

By Michelle Sinclair Colman

In a refreshingly non-"Black Mirror" way, many NYC residential developments are taking advantage of new technologies, like keyless door entry systems and digital concierges, not to replace humans but rather enhance them. These building technologies are making residents’ lives easier while prioritizing the importance of face-to-face interaction. According to a joint cnet/Coldwell Banker survey, “81 percent of current smart-home device owners say they would be more willing to buy a home with connected tech in place.” Clearly, developers got that message. Many new buildings in NYC are incorporating technology into their developments to enhance service as well as increase residents' personal security and privacy.
Get the scoop on all the latest tech

Report claims Mayor de Blasio inflated benefits of Stuyvesant Town sale to preserve affordable housing

Photo courtesy of Stuy Town

January 5, 2018

Report claims Mayor de Blasio inflated benefits of Stuyvesant Town sale to preserve affordable housing

By Emily Nonko

The sprawling Stuyvesant Town complex on Manhattan's east side is no stranger to controversy and drama, and here's some more to add to the list. The city’s budget watchdog agency is saying that Mayor de Blasio’s office inflated the benefits of a deal to keep affordable housing at the complex in exchange for $220 million in taxpayer subsidies, according to the Daily News. This is based off the highly-publicized 2015 sale of Stuy Town, the biggest single deal done under de Blasio’s affordable housing plan. But a new report by the Independent Budget Office believes the city is getting less from the complex sales agreement than it claimed.
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April 14, 2017

An upgraded and expanded 1900 schoolhouse is now a charming residence for sale upstate

By Emily Nonko

"A century’s worth of historical appeal" is how the listing describes this unique property upstate, located at 636 Bedford Road in the town of North Castle. Indeed, this structure was built in 1900 and originally served as a school house (h/t CIRCA). In 1980 it was expanded and renovated without taking away any of that century-old character. Details like six-inch oak flooring and exposed beams from a Brooklyn shipyard distinguish the property, and it doesn't hurt that it sits on almost an acre of land. The price, of course, is what you might pay for a one-bedroom apartment in Manhattan: $855,000.
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June 24, 2016

Will the Brexit Vote Drive Up NYC Real Estate?

The vote by Britain to leave the European Union has shocked and confused the world to say the least. In addition to the political ramifications (Prime Minister David Cameron announced he will step down in October), the financial outcomes are staggering. The pound has already plummeted to its lowest level since 1985, with investors turning to the dollar and the yen and the entire European stock market dropping, according to reports from the Times. Though the Bank of England has earmarked roughly $344 million for potential stability measures, the world seems unsure of how the Brexit decision will affect international markets long term. London is currently one of the top locations for foreign real estate investment, but in the face of an uncertain future, Crain's presents the assertion that the vote could drive up real estate in New York City as "investors look for safe havens against the threat of a global recession."
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Real Estate Trends

June 7, 2016

Long Island House Where ‘Amityville Horror’ Murders Occurred Asks $850,000

When 6sqft looked at data regarding how murders affect home values, we learned that "prices fall about 4.4 percent when a home is located within 0.2 miles of a murder that occurred in the past year." The gruesome killings that inspired the "Amityville Horror" book and movies took place all the way back in 1974, but it looks like they're still a bit of a deterrent to prospective buyers. The Long Island house where then-23-year-old Ronald DeFeo Jr. shot his parents and four younger sisters while they slept has come back on the market for $850,000, less than the $950,000 the current owners paid in 2010, according to amNY.
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Distinctive Homes

Citigroup Will Sell Site to Feed Long Island City’s Growing Skyline

Image via LICtalk.com

February 24, 2015

Citigroup Will Sell Site to Feed Long Island City’s Growing Skyline

By Diane Pham

Long Island City's most recognizable tenant is about to sell a prime piece of property in the heart of the neighborhood. According to the New York Times, the financial giant is putting up a one-acre development site, bound by 44th Road, 23rd Street and 44th Drive in Court Square, and it could fetch up to $150 million. Court Square's proximity to Manhattan and plentiful transit has made the enclave one of Queens' most sought-after areas for residential development. Mayor de Blasio is all for the sale and has plans of his own to rezone LIC to spur even more construction.
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New Developments

January 26, 2026

Extell to purchase Park Ave development site

Extell Development’s Manhattan expansion continues as the firm moves to acquire a prime Midtown site and air rights from an adjacent synagogue. On Sunday, Gary Barnett's firm entered a contract to purchase 405–415 Park Avenue and air rights from Central Synagogue, as first reported by The Promote. The company is also reportedly negotiating to acquire the adjacent office building at 110 East 55th Street, which, combined with the Park Avenue site, could become a major new mixed-use or office development in Midtown.
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Real Estate Trends

December 19, 2025

Vote for 6sqft’s 2025 Building of the Year!

No matter what the rest of the world looks like, interest in real estate in New York City remains one of the few constants in life. In 2025, the market remained resilient, with long-anticipated projects hitting major milestones, from the sales launch at the Flatiron Building to the reopening of the Waldorf Astoria. Downtown Manhattan dominated this year, with several buildings in the running for record-breaking sales, including the potential first nine-figure deal below 14th Street at 80 Clarkson Street. While the skyline is always evolving, the mark of Robert A.M. Stern, who died this year at 86, is ever-present, with two limestone-clad towers on this year's list that serve as tributes to classic New York. 6sqft has narrowed our picks down to 14 of the most notable residential projects of the year. Which do you think deserves to be crowned the 2025 Building of the Year? Polls for our 11th annual competition will remain open through 5 p.m. on Monday, December 29. A winner will be announced on Tuesday, December 30. Happy voting!
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Path to profit: Why Jersey City condos are competing with Brooklyn brownstones

99 Hudson Street is the tallest building in New Jersey. There are over 780 condos across 79 floors; current availabilities start at $778,000. Photo courtesy of COA 99 Hudson, LLC

October 16, 2025

Path to profit: Why Jersey City condos are competing with Brooklyn brownstones

I lived in New York City for 15 years and swore I’d never leave. But when my then-fiance and I found ourselves crammed into an Upper West Side studio (along with two rambunctious cats) when the pandemic hit, we knew we had to make a move. And when we came across a $2,600/month one-bedroom apartment in a brand-new luxury building in Jersey City—complete with floor-to-ceiling windows overlooking the lower Manhattan skyline, two outdoor pools, barbecue grills, and a gym—we simply couldn’t resist.
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31-story Downtown Brooklyn rental tower opens lottery for 120 apartments, from $784/month

Credit: NYC Department of Housing Preservation and Development

August 13, 2025

31-story Downtown Brooklyn rental tower opens lottery for 120 apartments, from $784/month

Applications are now being accepted for 120 mixed-income apartments at a new 31-story rental tower in Downtown Brooklyn. Located at 202 Tillary Street, the property offers modern apartments with panoramic skyline views, complemented by a suite of upscale amenities. New Yorkers earning 40, 60, 110, and 120 percent of the area median income can apply for the units, with rents starting at $784/month for studios, $828/month for one-bedrooms, and $967/month for two-bedroom apartments.
Find out if you qualify

Affordable Housing

This $7.8M Tuxedo Park estate brings modern luxury to a onetime Gilded Age playground

Photo Credit: Ian Alexander Nelson, Jump Visuals

July 2, 2025

This $7.8M Tuxedo Park estate brings modern luxury to a onetime Gilded Age playground

By Michelle Cohen

America’s first gated community, Tuxedo Park–birthplace of the formal tuxedo–in New York’s Orange County was once home to Gilded Age royalty like J.P. Morgan and the Astors. Asking $7,795,000, the six-acre estate known as Brook Farm is anchored by an 8,250 square-foot home bounded by a 49-acre nature preserve. Within this private wilderness, you'll find resort-level amenities like a saltwater pool and spa, a tennis court, a private pond, a waterfall, and a running path–all just an hour from Manhattan.
take the tour, no tuxedo required

Distinctive Homes

The Chrysler Building is now on the market

Credit: Mitch Hodiono on Unsplash

May 21, 2025

The Chrysler Building is now on the market

The Chrysler Building is officially up for sale after a drawn-out legal battle between RFR Holding and Cooper Union. As first reported by The Promote, the leasehold for the iconic Art Deco skyscraper is on the market for the first time since 2019, after a judge terminated RFR’s lease in January and evicted the firm for falling more than $21 million behind on rent owed to Cooper Union, which owns the land beneath the tower. Cooper Union has since tapped real estate firm Savills to find a new operator to take over the lease.
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Real Estate Trends

Conversion of historic Nomad office building into 65 condos moves forward

The Emmet Building at 95 Madison Avenue. Photo by Epicgenius on Wikimedia.

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!