Search Results for: times square

June 17, 2014

A Garden So Private No One Has The Key? Now We’ve Heard It All

Forget the legendary and uber-privileged access to the oasis known as Gramercy Park. The newest wave of private gardens are apparently so exclusive even residents can’t enjoy a stroll through the lush greenery. Take the 2,400-square-foot courtyard currently being designed at The Sterling Mason, a new Tribeca loft building where an apartment can set you back up to $24 million. In a city where even the tiniest bit of green space is viewed as the ultimate amenity, turning what would have been a barren airshaft into a verdant outdoor sanctuary seems like a terrific idea. Tapping Deborah Nevins, one of the world’s most sought-after landscape designers to do it, an even better one. Keeping residents from enjoying more than a visual inspection of the rich white blossoms, lush green leaves, ivy walls and sculptural stream? Eh, we’re not so sure about that.
What's up with this off limits trend?

Architecture And Design

June 13, 2014

Downtown Flips: Four of the Biggest Moneymakers of All Time

By Dana Schulz

At any given hour when you turn on a home design television channel you have about a 50% chance of landing on a realty show about flipping houses. In real life, though, it's not all hunky property brothers and fairy tale endings; trying to flip a house is a gamble, which is why oftentimes the most successful flippers are those on the inside, like real estate developers and seasoned brokers. For anyone looking to make a flip, New York is ripe with opportunity thanks to low inventory and a constant race to be bigger and better. Within the city, Downtown Manhattan is the ripest fruit on the vine. Full of highly desirable, trendy neighborhoods, it's a hot bed for investors. There's no textbook definition of a flip, but it's generally thought of as a three-year turnover. Downtown there have been 58 apartment swaps within the past three years. We take a look at some of the greatest hits.
This way for all the triumphant flips

Real Estate Trends

June 5, 2014

Jamestown Properties Wants to Turn Sunset Park’s Industry City Into the Next Chelsea Market

By Stephanie Hoina

If you renovate, will they come? It’s been less than a year since Jamestown Properties, the developer behind the successful Chelsea Market, acquired a 50% stake in the mostly abandoned industrial warehouse complex in Brooklyn’s Sunset Park known as Industry City. Along with investment partners Belvedere Capital and Angelo, Gordon & Company, Jamestown plans to translate the success of Chelsea Market on a scale six times the size – 16 buildings encompassing over 6 million square feet formerly known as Bush Terminal. But while Brooklyn is currently the darling of the five boroughs, Sunset Park doesn’t quite have the cache of Chelsea – yet, and the viability of such an enormous undertaking is ten years in the making.
Watch a video interview with the developers this way

Real Estate Trends

June 2, 2014

Massive Soho Loft With Wraparound Terrace Sells for $14.5 Million

By Aisha Carter

When you look at these New York buildings, it’s hard to imagine there’s space for a 7,000-square-foot loft inside. Well, the former home of Justin and Nicole Ehrlich is one of those spaces. 20 Greene Street #6A is definitely deserving of an Academy award with its dramatic tall ceilings and oversized windows. And it just sold to the tune of $14.5 million. This Soho loft, listed by Douglas Elliman, doesn’t do anything halfway. Its giant living room is large enough to be its own apartment, for starters.
Take a closer look at this glamorous loft here

June 2, 2014

Set Designer for Saturday Night Live Buys Artsy SoHo Loft

By Dana Schulz

Leo Yoshimura, a set designer and art director for late night television shows like Saturday Night Live and the Late Show with Conan O'Brien, has purchased unit 5W at SoHo's 565 Broadway for $4.2 million through a listing held by Keller Williams. This is a D2 class/artist in residence building, meaning it's a former industrial site that was converted to residential and now its apartments must be inhabited by a certified artist. The artistically designed loft seamlessly blends historic character with sleek modernism. Original columns punctuate the 2,740-square-foot 3BR/3BA space, which retains its large windows and high ceilings. The interior window cutouts let natural light traverse the entire unit, as does the contemporary frosted glass divider that leads into the boldly painted red den.
More details this way

May 29, 2014

Straus Park Stunner with Striking Balcony Asks $4.65 Million

By Aisha Carter

One of the most sought after units in the exclusive Straus Park condominium is back on the market. The Opus'#18B has changed hands a lot over the past few years but like many others, she has learned that you have to kiss a few frogs to meet your prince. Well, she’s ready to meet her prince - or princess - and she's enlisted Corcoran agent Greg Kammerer to help. The 2,241-square-foot condo may sit at the top of a 22-story building but her giant windows bring the city to her fingertips. And that might be all you need of the Big Apple, because with all that this 4BR/3BA condo has to offer you could find yourself vacationing in your own home.
Take a look inside this pretty penthouse here

Distinctive Homes

May 23, 2014

American Thread Building Triplex Has Luxury Living and an Original Keith Haring Mural

By Stephanie Hoina

Standing inside the palatial (trust us, this is not an understatement) 45' x 45' entertaining space in this magnificent triplex at 260 West Broadway, with its soaring arched windows, 26+ foot ceilings and beautifully detailed cast iron columns, you can’t help but feel a cool ocean breeze (Miami anyone?) gently soothe your soul. One could hardly blame you if you decided to stay right there and soak in the sun all weekend long. But that’s like choosing a 4-day getaway when you’ve won an around-the-world adventure because every room in this 8,000 square foot Tribeca residence offers an extraordinary experience for those lucky enough to call it home. It’s hard to know where to begin on the itinerary.
Come on an adventure with us

Distinctive Homes

May 21, 2014

Five Opulent and Ornate Spaces Looking for an Occupant

By Dana Schulz

Anyone who's gone apartment hunting in Manhattan knows it can get a little monotonous — the bone-white walls, standard hardwood floors, and typical layouts. Sometimes the blank canvas just isn't enough; sometimes you need a little oomph. For those of you who enjoy ogling beautiful homes that have been carefully designed and expertly decorated, we've rounded up five opulent and ornate spaces currently looking for an occupant.
See all the stunning spaces this way!

May 19, 2014

Observations: Sherpas Not Needed

By Carter B. Horsley

Some people have great hair that never goes astray. That made me think about buildings with their new-fangled window-washer rigs. They’re not new but the recent “gold rush” of high-end residential condominiums have led some developers to design curious new building forms that would appear to be major obstacle courses for those marvelous skywalkers who brave the elements and have never experienced a tinge of acrophobia. The faint-hearted, of course, prefer sheer city cliffs, but only the bravest descend from the heights over the new often bumpy terrain.
Sherpas not needed

Architecture And Design

May 2, 2014

Coming Soon Summer 2015: The Beekman Hotel

By Aisha Carter

After years of failed attempts by developers, GFI Capital Resources Group is accomplishing what some thought was impossible: They are converting 5 Beekman Street – along with its empty next-door neighbor 115 Nassau Street – into a hotel and condo. The landmark building was one of New York’s original skyscrapers, once towering nine stories. Its distinctive architecture boasts the famous Temple Court, an interior atrium punctuated by a skylight in the shape of a pyramid. It is surrounding this very feature that 287 hotel rooms will be constructed.
Read on for more details here

April 25, 2014

Eyeing the Drake: The Macklowe Construction Brings a “Patriotic” Burst of Color to Park Ave

By Carter B. Horsley

One of the city’s noblest professions is “sidewalk superintendent.” These intrepid pedestrians love to peer through holes in the wall to watch large equipment playing the construction game. The more sophisticated of these curiosity-seekers also look for holes in the city’s facades to glimpse the progress of larger-than-normal, future skyline stars. You can imagine the astonishment, therefore, when I noticed, a couple of days ago, that 432 Park Avenue had adopted a “patriotic” stance, and that its fenestration grid now is highlighted, from top down, in red, blue and white, the colors of the American flag, and also the French flag — a stark divergence from the pristine, streamlined design set out by the building's architect, Rafael Vinoly.
For sidewalk superintendents, the former Drake is startlingly colorful

April 24, 2014

Mary-Kate Olsen and Olivier Sarkozy Scoop Up Painter David Deutsch’s Turtle Bay Townhome for $13.5 Million

By Diane Pham

After nearly nine months on the market, painter David Deutsch's Turtle Bay Gardens townhouse has been sold. Property records filed today show that Mary-Kate Olsen and her beau, Olivier Sarkozy, are the lucky buyers to scoop up Deutsch's beauty, paying $13.5 million for the home located at 226-228 East 49th Street. Deutsch's offer came in $3 million short of his $16.5 million ask, but it's worth mentioning that he bought the townhouse for just $2.45 million in 1997.
See more photos here

April 14, 2014

The Strange World of Scaffolding and Why We’ll Be Seeing More of It

By Jason Carpenter

Scaffolding in New York City is as much a part of the city’s skyline as the Empire State Building itself—and has been around for much longer. On the surface, scaffolding seems to be a necessary ugly; a kind of urban cocoon from which a beautiful new butterfly building emerges. But if you are one of those people who cringes every time you see a building wrapped in scaffolding, you better get used to it because it’s only going to get worse. All while the scaffolding companies laugh all the way to the bank.
What's with all the scaffolding?

Policy

March 25, 2014

Famous Transforming 420 Sq Ft Apartment Now Selling for $1M

By Annie Doge

Back in 2009, Graham Hill purchased two apartments at 150 Sullivan Street with the express purpose of showing that people could have everything they need using less stuff and space. Rather than hiring an architect, the eco-entrepreneur, TED-Talk alum, and founder of Treehugger.com, decided to kickstart a competition to find his unique one-size-fits-all design. What turned up was an innovative transforming apartment filled with brilliant space-efficient features like sliding walls, hidden storage, and multi-tasking furniture. Though Hill's 'Life Edited' apartment measures an ultra tiny 420-square-feet, the elegant, high-tech space still manages to pack in all the amenities of a home of more than twice its size.
How many people can you pack into 420 sq ft?

March 24, 2014

Santiago Calatrava’s Winged ‘Oculus’ WTC Transportation Hub Takes Shape

By Diane Pham

It's unfortunate that Santiago Calatrava's original design for the WTC Transportation Hub got scrapped for a shrunken, more watered-down version. But the cost saving measures that transformed his beautiful "bird" into what some critics have dubbed as a "rack of lamb" didn't completely destroy the majestic spirit of the original design. Construction images recently released by the Port Authority of NY & NJ reveal that the Oculus is finally taking shape, emerging from its WTC site as something that could very well be quite iconic.
More incredible photos ahead

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