Search Results for: waterfront

Things are moving ahead swiftly at the Domino Sugar Factory since Two Trees broke ground at the three million-square-foot Williamsburg mega-development last spring. In November, the lottery opened for 104 affordable units at 325 Kent Avenue, the first building at the site. Designed by SHoP Architects, who are also responsible for the project's entire master plan, the $200 million tower has now topped off at 16 stories, and the skybridge connecting its two wings has also gone up. CityRealty paid a visit to the construction site and got a look at these new views, as well as the copper cladding that's taken shape on the lower face of the building.
See it all here

February 5, 2017

A new construction carriage house in Red Hook boasts plentiful indoor and outdoor space

A unique property in a unique neighborhood has hit the market for a cool $1.9 million. 97 King Street, in the waterfront neighborhood of Red Hook, is a newer construction building inspired by the carriage house design. The three-story property holds a 270-square-foot garage on the ground floor--currently home to the textile company Artemisia--and living space above. It's topped with an impressive roof deck that looks over Lower Manhattan and the surrounding waterfront.
Go inside

Distinctive Homes

February 3, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

By Ondel Hylton

Co-Living Rental ‘Common Baltic‘ Makes its Debut, Offers Leases with One Month of Free Rent [link] An Astounding Four Months of Free Rent with Two-Year Leases at Brooklyn Rental, The Williams [link] Live in Downtown Art Deco High Rise with Two Months of Free Rent; Studios Starting from $2,775 [link] Hoboken Rental, The Rivington, Offers […]

Real Estate Trends

Jared-less Kushner Companies readies for construction at DUMBO’s Jehovah’s Witness parking lot

Conceptual massing of 85 Jay Street based on approved zoning, via CityRealty

February 3, 2017

Jared-less Kushner Companies readies for construction at DUMBO’s Jehovah’s Witness parking lot

Despite the fact that Trump son-in-law Jared Kushner stepped down as CEO of Kushner Companies in order to transition from developer to full-time presidential advisor, his family's firm is moving ahead with their big plans at a three-acre parking lot in DUMBO. Just over a month ago, the joint partnership among Kushner, LIVWRK, and CIM Group paid $345 million to the Jehovah’s Witnesses for the site at 85 Jay Street, which brought Kushner's total investment in the area to more than $1 billion. CityRealty recently visited the site and found that they've ceased parking operations and moved construction equipment onsite.
All the details ahead

New Developments

February 1, 2017

Industrial-chic Williamsburg loft in a 1914 shoe polish factory asks $3.2M

Another big bi-level loft is for sale in the Esquire Lofts, one of Williamsburg's more iconic factory condo conversion buildings. Built in 1914, the former shoe polish factory at 330 Wythe Avenue offers the essence of loft living with 2,146 square feet of open space with the added bonus of the waterfront neighborhood's direct views of the East River and the Manhattan skyline. Currently configured with two bedrooms, the space could sleep three or four. It's currently on the market (for the first time as a resale) for $3.195 million.
Have a look

Distinctive Homes

January 31, 2017

Furnished full-floor loft with an art collection asks $6,250/month in Tribeca

This sprawling 1,700-square-foot apartment takes up the entire fifth floor of 91 Franklin Street, a five-story, five-unit rental in Tribeca. Having the top-floor unit means the space is outfitted with skylights, as well as exposures to the north and south. Any renter ready to pay $6,250 a month will also get this pad fully furnished, which includes art from the owner's extensive contemporary collection.
Time to tour the space

Distinctive Homes

January 27, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

By Ondel Hylton

No Security Deposit + One Month Free for Full-Floor Apartments on Lower East Side [link] Glenwood Offering Free Rent at Lincoln Square High-Rise, Hawthorn Park [link] One Month Free on All Units at Luxury High Rise LINC LIC; Studios from $2,395 [link] Now 95% Leased, 180 Franklin Avenue in Clinton Hill Offers Two Months Free […]

Real Estate Trends

January 26, 2017

Bjarke Ingels’ ‘bold yet graceful’ High Line towers get new website and flashy signage

When HFZ Capital Group chairman Ziel Feldman needed a bold design for what will be Chelsea's largest development in more than a decade, he knew the very-visible, block-long site wanted nothing short of an architectural icon to house the future 950,000-square-foot mix of parking, retail and office space, a 137-room Six Senses Hotels Resorts Spa and 240 condominium apartments. So it should come as no surprise that Bjarke Ingels' BIG was chosen to design what would be the firm's second Hudson River-front tower (after Via 57 West). Straddling the High Line and offering sunset river views, the two towers penned by the Danish wunderkind sit atop a four-floor base at 76 Eleventh Avenue, rising to 28 and 38 floors, respectively. CityRealty now brings us a collection of new views and a concept development slideshow of the $1.9 billion project recently published by BIG on their website.
See new images from the slideshow and some scintillating site prep

Construction update: Google’s Pier 57 expansion gets glassed

Pier 57 now showing some skin; Photo: CityRealty

January 24, 2017

Construction update: Google’s Pier 57 expansion gets glassed

Work is moving along at the waterfront development that is rehabilitating and revitalizing Pier 57, Manhattan's new "SuperPier;" newly-installed, canted glass panels can be seen along the pier’s rows of exterior columns, CityRealty reports. The $350 million transformation of the former freight terminal, a joint venture by Young Woo & Associates and RXR will include 250,000 square feet of offices for Google, a 170,000-square-foot food market curated by Anthony Bourdain and provide an elevated two-acre park with a rooftop movie and performance amphitheater. The project's design is being handled by Handel Architects and !Melk Landscape Architecture and Urban Design.
Check out new construction photos

January 24, 2017

Art dealers’ Cobble Hill townhouse has gym, wine cellar, and city views for $6.5M

Two Manhattan gallerists, one six-story Brooklyn townhouse—you'd think it would be a match made in heaven. But the home's current owners—his Madison Avenue gallery specializes in Surrealist and Modern art, her company looks out for new talent and helps clients build contemporary art collections—bought the house in 2015 for $4 million, and they've just listed it for $6.5M. 124 Congress Street is one of nine units that comprise the Morris Adjmi-designed Cobble Hill Townhouses. Completed in 2014, the development features a mix of restored and newly-constructed homes. With four bedrooms, a private garden and a roof terrace with Manhattan views—but no elevator—the home's interiors were clearly designed by a pro, but they're surprisingly low-key given the sellers' contemporary art milieu.
Take the tour. Hope you like stairs

Distinctive Homes

January 19, 2017

New renderings and photos show Brooklyn Bridge Park’s Pier 5 uplands are almost complete

You won't need to see more than a few renderings and photos of new park space slated for Brooklyn Bridge Park to feel ready for summertime. First posted by Curbed from the park's landscape architect Michael Van Valkenburgh Associates, renderings show the final design for one of the last undeveloped sections of the park between Montague and Joralemon streets. Known as the Pier 5 uplands, the hilly green space will be comprised of a stepped lawn, shaded grove, waterfront seating and new entrance off Joralemon Street. A sound-dampening berm will reduce noise from the nearby roadways. And it's all on track to wrap construction right before summer.
More images and details this way

January 17, 2017

Department of Health says it’s okay to eat Gowanus Canal fish in moderation and kayak in the water

The real estate community has been looking closely at Gowanus as of late thanks to rezoning plans that will likely spur high-end development and proposals for a public esplanade. To some, this waterfront vision seems a bit off due to the toxicity of the Canal and its history as a Superfund site, but naysayers may be changing their tune as a new report from the New York State Department of Health tells us that "limited direct contact with the canal's waters, through boating or fishing" doesn't increase the risk of cancer and other diseases, according to Gothamist. It's still not safe to swim in the water, but, believe it or not, men and women of certain ages can even eat some of the Canal's fish.
Find out more

Uncategorized

January 17, 2017

Trump to name New York developers Richard LeFrak and Steven Roth to oversee new infrastructure council

President-elect Donald Trump has previously outlined his $1 trillion infrastructure plan not just as a means to repair and build bridges and roads, but as a real estate platform for private entities to build and subsequently own public works such as schools, hospitals, or energy pipeline expansions through $137 billion in tax credits. So it comes as no surprise that he's tapped two of his longtime buddies and big-time New York real estate developers to head up the new council that will monitor this spending. The Wall Street Journal reports that Trump asked Richard LeFrak and Vornado's Steven Roth to manage this council of 15 to 20 builders and engineers, referring to the men as "pros" because "...all their lives, they build. They build under-budget, ahead of schedule."
Find out more

Policy

January 16, 2017

Cuomo dubs revised 421-a plan ‘Affordable New York,’ advances new legislation

A year after the city’s 421-a tax exemption program expired, a new version of the affordable housing incentive is officially moving forward. In August, Governor Cuomo released a new version of the plan that which include wage subsidies for construction workers and extended terms for the tax breaks, and after the Building and Construction Trades Council of Greater New York and the Real Estate Board of New York (REBNY) reached an agreement in November to move ahead with this version, the Governor's office now reports that they'll be advancing new legislation to move ahead the program that's now been re-named "Affordable New York." Cuomo says this will create 2,500 new affordable housing units per year.
All the details this way

January 15, 2017

Massive Greenpoint loft with beamed ceilings wants $4,750/month

There are over 1,700 glorious square feet in this Greenpoint loft, now up for rent at the Pencil Factory building at 59 Kent Street. It's boasting plenty of character, too, with 12-foot ceilings topped with the original wood beams, polished concrete floors, exposed brick and massive factory windows. To live in this sprawling, dreamy loft will cost $4,750 a month.
Take a look

Distinctive Homes

January 12, 2017

Queens houseboat asks $59,000 for 400 square feet of watery serenity

By Hannah Frishberg

Set sail for home in Jamaica Bay on this $59,000 houseboat, now for sale. According to its listing, the 400-square-foot model is good for year-round living and is equipped with central cooling, carpeted floors and wonderful waterfront views. Plus this "single family" vehicle has one bed, one bath, a very large covered deck and "great solar potential"—not to mention you've got the ocean as your playground. The listing says the houseboat, a 2007 Custom Flo-Lodge, was hauled a year ago across the Verrazano Narrows to its current docking point at Far Rockaway's Marina 59, and has been floating there ever since.
Yo ho a pirate's life in Queens

January 11, 2017

FREE RENT: A roundup of NYC’s latest rental concessions

By Ondel Hylton

The Eugene, Midtown’s Tallest Rental Skyscraper, Gears Up for Early 2017 Leasing [link] Grand Opening: Leasing Begins at 681 Franklin in Crown Heights [link] Grand Opening: Leasing Begins on No Fee Bed-Stuy Apartments at 766 Lafayette Avenue [link] One Month Free on Select Units at Brodsky’s Midtown West High-Rise, One Columbus Place [link] One Month […]

Real Estate Trends

January 5, 2017

High-income renters on the rise in the Bronx and Queens

In November, 6sqft shared an analysis from RentCafe that showed the number of high-income renters in NYC has tripled over the last decade, with the number of renter households earning more than $150,000 annually increasing by 217 percent between 2005 and 2015, from 551,000 to 1.75 million. Now, DNAinfo has asked the site to break the data down further by neighborhood, and what it tells us is that Eastchester and Baychester in the Bronx and East Elmhurst and Jackson Heights in Queens saw the largest increase in wealthy renters.
Learn more and explore RentCafe's interactive charts

January 4, 2017

New York Times names the South Bronx one of the world’s top travel destinations for 2017

In addition to far-flung and exotic locales such as Kazakhstan, the Great Barrier Reef in Australia, Sikkim, India, and Marrakesh, Morocco, the New York Times has added to its list of "52 Places to Go in 2017" several cities across the U.S. on the cusp of gentrification or about to make a comeback. One of these is the South Bronx, subtitled as "an industrial neighborhood's revival." They point to the 'hood's declining crime rates, wave of new development, and, of course, burgeoning foodie scene.
Read the whole travel blurb here

Uncategorized

January 3, 2017

510-foot Rafael Viñoly-designed tower coming to East 62nd Street

By Diane Pham

Lenox Hill will see the addition of a new 510-foot tower at 249 East 62nd Street, designed by none other than 432 Park starchitect Rafael Viñoly. CityRealty reports that plans for the mixed-use skyscraper were filed in the last days of December by Chance Gordy of Florida-based Real Estate Inverlad, who is also developing another condo tower nearby called The Clare. The Viñoly design will join a slew of new Upper East Side constructions prompted by the opening of the Second Avenue Subway line, which is located just a few minutes walk away.
more details this way

New Developments

Secret Russian compound on Long Island shut down after Obama-issued sanctions

A Google Earth image of the property

December 30, 2016

Secret Russian compound on Long Island shut down after Obama-issued sanctions

News of President Obama imposing sanctions against the two Russian intelligence agencies that were allegedly involved in the DNC hacking that affected the 2016 presidential election is perhaps the biggest news in the world right now, but it hits a lot closer to home than many New Yorkers may realize. The administration expelled 35 intelligence officials from the country and ordered two intelligence compounds closed, one of which is a 49-room mansion on a 14-acre property in Glen Cove on Long Island's ritzy Gold Coast (h/t Gothamist). NBC New York reports that, although the Soviet Union purchased it in 1951 to be used as weekend home for its UN delegates, many locals were never aware of its existence as a "longtime getaway for Russian diplomats" that was "also used for Russian intelligence purposes."
The full story

December 29, 2016

City eyes Gowanus Canal as the next ‘Little Venice’

Rezoning and the promise of public right-of-way on the west Brooklyn Superfund canal could bring an esplanade like Williamsburg’s, a recreation area and lots of new development. The light-industrial zone wedged between pricey Park Slope and Carroll Gardens hasn't accurately been a polluted flyover zone for decades, but the fact that it now boasts a flagship Whole Foods with a rooftop farm hasn't gone unnoticed. As 6sqft reported recently, the canal-side enclave, despite the sometimes-fragrant waterway in its midst, is on a par with its neighbors as one of the city's most expensive neighborhoods. Now Crain's tells of rezoning plans and lucrative developments that could open the door for a public esplanade and waterfront amenities like those along the Hudson and the East River.
Find out more about the Gowanus rezoning plans

December 27, 2016

Matt Lauer sells cute, beachy bay front Hamptons cottage for $3.5M