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July 10, 2014

New York vs. London: A Real Estate Challenge on Both Sides of the Pond

While we're all still in the patriotic mood after the July 4th festivities, we thought it appropriate to put together a friendly little challenge between New York City and her cross-pond ally and sometimes rival, (what are the kids calling it these days, a frenemy?). In the left corner is NYC, global hub of finance and media, weighing in with a population of 8,405,837. And in the right corner we have London, the world's most-visited city, population 8,416,535. According to British real estate website Zoopla, the average price of a Central London home over the past year is £1.1 million or $2 million in U.S. dollars, topping the $1.6 million average selling price of residences in the core of Manhattan.
See how the cities battle it out in our three-round real-estate showdown
June 13, 2014

New Yorker Spotlight: Behind the Watch Counter at Christie’s with Mr. Reginald Brack

Reginald Brack is keeping watch... On the international watch market that is. As Senior Vice President, International Head of Retail, Watches at Christie's, he travels the world in pursuit of that perfect watch. He focuses his time in private sales where he assists clients from New York to Geneva to Hong Kong with their buying and selling needs. Reginald's role at the auction house includes curating private boutiques, hosting events, and vetting watches for the newly launched Christie's Watch Shop. From this brief job description, it's clear that he has an expertise in things time related. Beyond his work at the auction house, I was interested in learning more about Reginald. How did he translate a love of watches into a career? My curiosity also extended into New York's relationship with timepieces. 6sqft met with Reginald in his office at Christie's to learn more about watches, collecting, and where Christie's fits into the watch market.
Read the interview with Reginald
June 3, 2014

Two Northside Piers: Every Side of This Williamsburg Duplex Penthouse Is Its Good One

Once upon a time there was a scrappy little warehouse district in Brooklyn that birthed some of the largest industrial firms in the nation: Pfizer Pharmaceuticals, Astral Oil (later Standard Oil), Brooklyn Flint Glass (later Corning Ware) and the Havemeyer and Elder sugar refinery (later Amstar and Domino), to name a few. And along the waterfront, among the docks, shipyards, mills and refineries, breweries such as Schaefer, Rheingold and Schlitz dotted the landscape. While many of the factories still stand, most have been converted to luxury residential buildings, with Northside Piers being the very first residential development at the waterfront of Williamsburg. Toll Brothers’s full-service condominium takes full advantage of its location, offering residents a 400-foot-long recreation pier and stunning views of the New York City skyline. And this rare-to-the-market Two Northside Piers 4-bedroom, 3.5-bathroom duplex penthouse at 47 North 4th Street, with two large balconies, is just as dazzling.
Right this way to see the many sides of this exquisite penthouse….
June 3, 2014

Perfectly Picturesque Tribeca Penthouse is Off the Market

Finding your perfect apartment is much like selecting a significant other--it needs to be comforting, make you feel happy and safe, jive with your lifestyle, and, most importantly, be so attractive you can't keep your hands off it. We'd bet that the new owners of the penthouse at 47 Murray Street are currently in the honeymoon phase with their new digs.  They snatched up the 3BR/3BA home for $4.76 million through a listing with Douglas Elliman, and what they received is a 2,825-square-foot duplex loft with two terraces, 13-foot ceilings, 9.5-foot windows, modern finishes, and plenty of wall space for an art display.
The love story continues here
May 19, 2014

Your Art and Design Events Agenda, For the Week of May 19, 2014

We’re all looking forward to a long weekend this week, so why not get amped for Memorial Day by boning up on some of the knowledge this city has to offer? School yourself on Russia’s Modern Masters, learn about the genius of the Scandinavian design approach, or go one on one with a Whitney Museum artist. As Memorial Day looms, so does the opening of the city’s greatest isle of relaxation: Governors Island. You know summer is almost here when the ferries start running over to Manhattan getaway, so head to the ferry terminal this weekend!
All the best events here
May 1, 2014

NYC Condos Designed by Pritzker Prize Winners

The Pritzker Architecture Prize is architecture’s most acclaimed honor. Since 1979, the award has been given away annually to honor one living architect whose built work demonstrates consistent and significant contributions to humanity and the built environment. New York City is home to structures built by 12 of the 36 past winners — ranging from Philip Johnson to I.M. Pei to this year's winner, Shigeru Ban — and currently holds 14 residential examples of their work. One other fascinating tidbit is that condos designed by Pritzker Prize winning architects are selling on average a whopping 44% higher (price/square foot) than those their respective neighborhoods, and 47.5% higher than the Manhattan market average. But are they worth the money? Learn more about them all ahead.
Are these Pritzker Laureate-designed condos worth their markup?