Search Results for: times square

MoMA Has Already Raised $650M for Renovation and Expansion, And More Is Coming

Rendering of MoMA renovation Via Diller Scofidio + Renfro

July 20, 2016

MoMA Has Already Raised $650M for Renovation and Expansion, And More Is Coming

By
Just this week, it came to light that the Metropolitan Museum of Art may lay off as many as 100 employees as part of efforts to cut its $30 million deficit. As the New York Times previously explored, the struggling state of the Met exemplifies a shift in the art world towards modern and contemporary art. And standing as a true testament to this is MoMA's current financial status. The midtown museum has already raised $650 million towards its fundraising campaign, far exceeding the $450 million needed for its planned renovation and addition of three new gallery floors. In addition, they'll also sell $280 million of tax-exempt bonds "to raise money for the project and refinance debt as borrowing costs drop to the lowest on record," reports Crain's.
More details ahead
Huge Tax Disparities Along Central Park Become Visuals in Architectural Art Installation

“Section 581” by SITU Studio, Photograph by Patrick Mandeville

July 18, 2016

Huge Tax Disparities Along Central Park Become Visuals in Architectural Art Installation

By
"Section 581" by SITU Studio, Photograph by Patrick Mandeville Billionaires get off nearly tax-free and billions go uncollected due to flaws in the way the city assesses property value. As part of a new exhibit at the Storefront for Art and Architecture in Soho, interdisciplinary architecture firm SITU Studio created visual representations of these inequities in one of their most glaring examples: the buildings along Central Park. New York City's property tax structure assigns higher real property taxes to renters than it does to the infamous absentee owners of the trophy condos on Billionaires’ Row, short-changing the city of millions in annual revenue, according to CityLab. The acrylic bands in the SITU models show the disparity between the taxed value of these properties and the sky-high amounts they’d actually sell for.
Find out how the state law is giving billionaires a free lunch
Get Your Grill On: Rules, Tips, and Products for Indoor and Outdoor Barbecuing in NYC

6sqft’s ongoing series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. This week, we provide a comprehensive guide to indoor and outdoor grilling in NYC.

July 13, 2016

Get Your Grill On: Rules, Tips, and Products for Indoor and Outdoor Barbecuing in NYC

By
Nothing says summer like a perfectly charred burger or buttery ear of corn, but for many New Yorkers these warm-weather goodies are reserved for weekend jaunts to the suburbs or sub-par restaurant versions. If you want to get in on the grilling action without leaving the boroughs, there are plenty of options to barbecue both outside and in. It'll just require a little insider knowledge of the city's rules and regulations, so to help in the process, 6sqft has done the research, as well as put together handy tips and some of the best products.
Things are heating up right this way
LPC Approves Faux-Classical Mansion on Notorious UES Site of Blown Up Townhouse
July 12, 2016

LPC Approves Faux-Classical Mansion on Notorious UES Site of Blown Up Townhouse

By
Ghoulish history be damned, the Woodbine Company has just received tentative design approvals from the Landmarks Preservation Commission to build a single-family, faux-classical mansion upon the parcel where Dr. Nicholas Bartha blew up his townhouse ten years ago. The now vacant 20' x 100' parcel once held the home of Dr. Bartha who purposely tampered with a gas line to destroy the five-floor mansion to punish his ex-wife for divorcing him and having the court rule that he had to sell the house as part of the settlement. The doctor vowed in an e-mail, "I will leave the house only if I am dead," and on July 10, 2006, set off an explosion which shook the typically quiet Upper East Side block. Only the doctor was inside during the time of the explosion and he succumbed to his injuries five days afterwards.
More on what’s coming to the infamous site
One of Only Three East Coast Joseph Eichler Homes Is Selling for $490K
June 24, 2016

One of Only Three East Coast Joseph Eichler Homes Is Selling for $490K

By
The listing says this undeniably out-of-the-ordinary home at 130 Grotke Road in a wooded Rockland County, NY community is "Not for everyone except you!" Which means Eichler fans and modern house lovers will want to take note: This could be your chance to scoop up a modern classic for half the price of its California counterparts. 6sqft previously featured the rare trio of East Coast Eichlers and the story of their rise to popularity during the dawn of the American suburban heyday—and plans to expand to the East Coast starting with three homes in the quiet community of Chestnut Ridge. Inevitably weather conditions and other factors led to a decision to return the focus to the West, but those three homes have not only endured—they have encouraged a community of modern architecture lovers to grow around them. One of those three homes—a four-plus-bedroom, 2,000-square-foot 1962 slate grey beauty—is now on the market for $489,900.
Tour this unique modernist gem
City Will Allow Landlords to Convert Lower Manhattan Public Spaces to Retail
June 22, 2016

City Will Allow Landlords to Convert Lower Manhattan Public Spaces to Retail

By
6sqft recently covered the controversial proposal by the Alliance for Downtown New York (ADNY), the Department of City Planning (DCP), and the New York City Economic Development Corporation (EDC), to change zoning laws to allow property owners in the Water Street Subdistrict of lower Manhattan–at One New York Plaza, for example–to bring in retail tenants like restaurants and clothing stores in exchange for making improvements and upgrades to the public plazas and arcades adjacent to their buildings. Crains reports that the City Council passed a bill Tuesday that would allow the Financial District landlords to convert the public corridors in front of 20 buildings in the Water Street corridor to retail shops. The public corridors, which cover ten blocks, were created when the Water Street buildings that abut them were built. Building developers agreed to create the public arcades and walkways in exchange for more buildable square footage.
Read more
My 1200sqft: Inside Summer Rayne Oakes’ Williamsburg Oasis Filled With 500+ Plants

Our ongoing series “My sqft” checks out the homes of 6sqft’s friends, family and fellow New Yorkers across all the boroughs. Our latest interior adventure brings us to Summer Rayne Oakes’ plant-filled Williamsburg loft. Want to see your home featured here? Get in touch!

June 21, 2016

My 1200sqft: Inside Summer Rayne Oakes’ Williamsburg Oasis Filled With 500+ Plants

By
As far as multi-hyphenate models go, Summer Rayne Oakes may be the most impressive we've come across. More than being a cover beauty, Summer is also a writer, businesswoman, activist, chef (she's working on her first cookbook), and an ecologist by training (she graduated from Cornell with degrees in Environmental Science and Entomology). Unsurprisingly, this overachiever's multifaceted talents touch ever corner of her life, including the space she's called home for the past 11 years. On the top floor of an unassuming Williamsburg building is a 1200-square-foot loft that's been transformed into a veritable jungle with over 500 plants (and 150 species) and a handful of exotic insects, including African millipedes and Madagascar hissing cockroaches (they're confined to a terrarium, if you're wondering). While her home at first glance appears to be dominated by plants, Summer's space is also decorated with dreamy touches, carefully curated vignettes, and furniture she's built with her father using wood found on the street. Ahead Summer takes us through her unique loft and gives us some insight into the work she's done, her perspective on her changing neighborhood, as well as some tips for raising plants in the city.
Inside Summer's unbelievable home this way
Donald Trump’s Secret ‘Public’ Gardens Gave Him Extra Height at Trump Tower
June 20, 2016

Donald Trump’s Secret ‘Public’ Gardens Gave Him Extra Height at Trump Tower

By
In light of his media-circus presidential campaign, there seems to be endless exposes about Donald Trump's past real estate drama. From his failed attempt to own the Empire State Building to a lost battle with China over two bi-coastal skyscrapers, the Donald's development empire has very often skirted the rules. The latest saga dates back to 1979, when, as Crain's uncovers, Trump struck a deal with the city for a zoning variance to build an extra 200,000 square feet, or 20 stories, at Trump Tower. In return, he agreed to create a public atrium, as well as 15,000 square feet of public gardens. But these gardens, which yielded almost all of the 244,000 square feet of office and residential space that Trump still owns in the tower (worth roughly $530 million), are hidden, hard to access, and not maintained.
The full story, right this way
Chelsea Townhouse Has Lots of Wood, Brick and Sunshine and a Leafy Garden for $18K/Month
June 20, 2016

Chelsea Townhouse Has Lots of Wood, Brick and Sunshine and a Leafy Garden for $18K/Month

By
The term used in the listing to describe this renovated four-bedroom townhouse in the residential midst of bustling Chelsea is "intelligently modernized," and it fits. The 3,600-square-foot townhouse at 240 West 21st Street, built in 1840, has, like most of its kind, a long and storied history; constructed as a family home (in this case for the well-to-do Hanks family) it saw generations of residents through the best and worst of times. But unlike some, this particular residence has emerged once more as a spacious and comfortable single-family home with more perks than quirks and is now on the rental market for $18,000 a month. Summer is a fine time to enjoy its sun-dappled leafy back yard and private upper deck. A hip loft-style kitchen and lots of brick set the interiors apart from some of its historic counterparts, and a slightly unusual layout means the living room is in the back–where the sunshine is.
Check out the rest of the house
After 14 Months, Demi Moore Reduces Price of San Remo Penthouse by $16M
June 16, 2016

After 14 Months, Demi Moore Reduces Price of San Remo Penthouse by $16M

By
Last April, Demi Moore listed her triplex penthouse at celeb-favorite the San Remo for a jaw-dropping $75 million. She bought the 7,000-square-foot, 17-room Central Park West residence in 1990 with ex-husband Bruce Willis and then proceeded to update it in a "Southwestern Mission motif dominated by cherry wood." But after 14 months on the market, The Real Deal reports that the actress has slashed the asking price by $16 million, bringing it down to $59 million.
Take a look around
Get Rid of Mosquitoes and Stop Bites This Summer With These Simple Tips
June 13, 2016

Get Rid of Mosquitoes and Stop Bites This Summer With These Simple Tips

By
6sqft’s series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. This week we’ve rounded up tips on how to get rid of and deal with mosquitoes this summer.  New York's hot and humid summers bring all sorts of agony, but the bites of unrelenting mosquitoes may be the worst of all. While in past years these buzzers haven't been much more than a itchy nuisance, this year, the Zika virus has everyone on high alert. In February, the World Health Organization declared the virus a threat to public health across the globe. To date, no vaccine exists. As of June 8th, there have been 133 cases of Zika reported in NYC. However, the species of mosquito spreading Zika (the Aedes aegypti) has not yet been spotted in the city and all cases caught the virus while abroad. Nonetheless, with a potential threat looming, the city has launched a campaign to get New Yorkers to do their part, which includes tips on how to prevent the mosquito population from propagating. Ahead we'll cover some of the same ground, on top of other tips to keep mosquitoes from entering your home and attacking your body—because any way you look at it, mosquito bites are no fun!
What you can do, this way
$19.75M for the Former Gramercy Home of the Catholic Sisters of the Immaculate Heart
June 8, 2016

$19.75M for the Former Gramercy Home of the Catholic Sisters of the Immaculate Heart

By
Yet another religious property has hit the market, although this is no typical church. These two townhouses, at 238 East 15th Street in Gramercy, have long served as the home for the Catholic Sisters of the Immaculate Heart. The sisters bought the first townhouse in 1948 and the second in 1952, combining them with a doorway on each floor. In the years that followed, according to the NY Times, hundreds of the sisters of the Immaculati Cordis Mariae (which began in Belgian) have passed through, decorating the townhouse interiors with souvenirs from missions around the world. Only one sister now lives in the 15,600-square-foot property, which has just hit the market for nearly $20 million.
See the interior
Art-Deco Masterpiece 70 Pine Street Opens, Offering Two Months Free Rent
June 5, 2016

Art-Deco Masterpiece 70 Pine Street Opens, Offering Two Months Free Rent

By
It's not everyday that one has the chance to live in one of the world's finest skyscrapers. Details of The Pinnacle at The Woolworth Tower Residences have yet to be revealed, but for those of us still saving to buy a piece of history, the rentals at 70 Pine Street await. Soaring to a cloud-popping height of 66 stories and 952 feet, the building is essentially downtown's Empire State Building and was the world's third tallest building upon completion in 1932. Designed by Clinton & Russell, Holton & George for the utilities conglomerate Cities Service company (later known as CITGO), the tower was sold to the American International Group (AIG) in 1976, where they held their offices until the last recession. Breathing new life into the landmarked building, Rose Associates is re-conceiving the commercial icon into 644 rental apartments, a 137-room extended stay hotel, and 35,000 square feet of retail space. And for a limited time, Rose is offering two months free rent or one month free rent and paid broker's fee for newly-signed leases. The homes are divided into the city, tower, and penthouse collections and as we await construction to fully wrap up, 17 apartments are currently available throughout its mid-level city collection floors.
Find out more this way
City Council Will Vote on Controversial Changes to the Landmarks Law
June 3, 2016

City Council Will Vote on Controversial Changes to the Landmarks Law

By
Over the past couple years, preservationists have waged two big battles pertaining to the 51-year-old landmarks law. First, there was Landmarks Preservation Commission's decision to de-calendar 95 historic sites--in other words, remove them from the "waiting list" to be considered for landmarking, leaving them in jeopardy. The LPC eventually withdrew this plan after massive public outcry, but then proposed a bill, Intro. 775, to implement timelines for reviewing possible landmarks, which was met with criticism again for a perceived catering to developers who want to demolish or alter a property. The proposal stalled, but the Council is back at it, now "proposing a half-dozen recommendations to simultaneously streamline and expand the landmarks process" that they will vote on this month, reports the Times.
Learn about all the points
Anne Hathaway’s Infamous Former Midtown Love Nest for Rent for $48K a Month
May 26, 2016

Anne Hathaway’s Infamous Former Midtown Love Nest for Rent for $48K a Month

By
We've followed ingenue Anne Hathaway through various life events as expressed in real estate transactions, including the Upper West Side penthouse she currently shares with husband Adam Shulman. Before that, there was the DUMBO Clocktower loft the actress reportedly used as an expensive closet. Now here's a peek at the glossy midtown duplex in the Olympic Tower condominium at 641 Fifth Avenue that Ms. Hathaway shared with ex-con ex Raffaello Follieri for $37K/month in the mid-2000s (h/t WSJ); the apartment is currently on the rental market for $48,000 a month. The listing points out that the glass-clad, dubiously decorated pad has the distinction of having been the rented home of the ill-starred couple during their "storybook romance," which makes a lot of sense if the storybook you're reading is a white collar crime novel about a 30-year-old con man arrested, convicted, incarcerated and deported for embezzlement and fraud, possibly with the aid of his actress girlfriend. But a different choice of words and more context should put this dressed-to impress duplex in a better light.
It would be a crime not to check out the views from here
Alexander Wang Lists Luxuriously Moody Tribeca Loft for $3.75M
May 23, 2016

Alexander Wang Lists Luxuriously Moody Tribeca Loft for $3.75M

By
After six years in residence, the in-demand downtown designer is selling the loft he purchased from fellow fashionista, former New York Times Style writer Holly Brubach (h/t Curbed). With the help of maverick decorator Ryan Korban, Wang renovated the classic warehouse-turned-co-op at 39 Worth Street with opulent-chic accents like black fur, zebra rugs and mirrored wall panels, and opened up walled spaces to return the loft its open-space roots. The result, as far as lofts go, is a pretty well laid-out example, with creature comforts a busy design professional needs–plus luxurious finishes. Yet it doesn’t lose any of the open and adventurous character that defines a historic Tribeca loft space. The Parsons-grad-made-good purchased the unit for $2 million in 2010 and hopes to sell it for a $3.75 million.
See more of the loft
Browse the Catalog of Joan Rivers’ Prized Possessions Headed for Auction Next Month
May 23, 2016

Browse the Catalog of Joan Rivers’ Prized Possessions Headed for Auction Next Month

By
As 6sqft previously detailed, when the beloved comedian Joan Rivers passed away in 2014, she left behind a lavish Upper East Side penthouse packed with a collection of glittering designer gowns, gilded furnishings, jewelry and collected items that reflected a lifetime love of pretty things. Rivers herself once described the decor of the 5,100-square-foot triplex as “Louis XIV meets Fred and Ginger.” Christie's has issued a catalog listing the opulent collections of Rivers' home that will be included in the live auction, scheduled for June 22 with viewing times beginning June 17. Items from Harry Winston, Tiffany's and Fabergé will join art and small personal items–like Bob Mackie gowns, a silver Tiffany & Co. water bowl engraved "Spike” and a silk pagoda dog bed (h/t Curbed).
Find out more about the auction
40 Percent of Manhattan’s Buildings Would Be Unbuildable Today

720 Park Avenue could not be built today. Image via Google Maps

May 20, 2016

40 Percent of Manhattan’s Buildings Would Be Unbuildable Today

By
Many feel that the city's current construction boom is unprecedented, but while towers may be reaching new heights, according to a new report by architecture firm KPF, nearly three-quarters of the city's existing square footage was actually built between the 1900s and 1930s. More interestingly, The Times points out that forty percent of the buildings that currently make up Manhattan could not be built today because they break at least one zoning code violation—among which include being too tall, having too many residential units, or having too much commercial space.
find out more here
Not Tall Enough! On the World’s Stage, New York’s Supertalls Are Ungraceful Runts
May 16, 2016

Not Tall Enough! On the World’s Stage, New York’s Supertalls Are Ungraceful Runts

By
Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his ninth and final installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter takes at aim the quality of design of those towers rising around the city right now, and how they fail to inspire when compared to those found internationally. The explosive transformation of the New York City skyline now underway is occurring without any plan in a very haphazard fashion. Some of the new towers are not ugly but compared to many new ones elsewhere, especially those that are free-standing, they’re not going to win many top honors. Many are very thin, mid-block incursions. Others arrogantly abut and loom over landmarks with nary a thought to context. Some clearly are aimed at one-percenters and offer lavish amenities and layouts. But many others are squeezing potential residents like sardines into very small apartments in attempts to set new “density” records.
The towers that got it wrong, and right
Alan Cumming Lists Charming, Quirky East Village Home for $2.2M
May 13, 2016

Alan Cumming Lists Charming, Quirky East Village Home for $2.2M

By
"The Good Wife" star Alan Cumming is selling the East Village apartment that stole his heart when the Scottish-born actor first saw it back in 2005. Listed for $2.2 million, the four-bedroom co-op at 297 East 10th Street overlooking Tompkins Square Park definitely looks like the kind of place you could call home for at least a few years, a rare thing in the otherwise great neighborhood. The Wall Street Journal reports that Cumming and husband Grant Shaffer have been renovating a nearby 19th-century townhouse that they bought in 2013 for $4.65 million, and the time seemed right to part with this cozy co-op.
Have a look
Pitch a story icon

Pitch a Story

We love to hear from you!

"*" indicates required fields

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

"*" indicates required fields

or Call (212) 755-5544

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

Distinctive Post Form

"*" indicates required fields

or Call (212) 755-5544
Contact us image

Get in Touch

We love to hear from you!

"*" indicates required fields

Send us a tip image
Delivering New York stories focused on design, lifestyle & real estate.

Send us a Tip

We love to hear from you!

"*" indicates required fields

Interesting in learning more about purchasing a new home?

Let us know what you are looking for and we’ll help you find the home of your dreams. It’s free, with no obligation.

CityRealty Logo
or Call (212) 755-5544

Thinking about selling your home?

We’ll provide current market comps and connect you with a trusted expert.

CityRealty Logo

Sell a Home (Footer)

"*" indicates required fields

or Call (212) 755-5544

Before You Move On
from this Page.

Subscribe for NYC's Lastest Design, Lifestyle,
and Real Estate Trends!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.

Your Passport to NYC:
Subscribe for Local Insights and Stories!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.