605 West 42nd Street

affordable housing, housing lotteries, Midtown West, Top Stories

Thanks to the building’s Carmelo Anthony-designed NBA regulation-sized basketball court and 70,000-square-foot recreation facility, Midtown West’s swanky Sky rental has been attracting pro athletes since it opened under the Moinian Group in 2015. Current residents include the Knicks’ Kristaps Porzingis and Sasha Vujacic and Met pitcher A.J. Ramos. And now the 60-story glass slab tower at 605 West 42nd Street is offering 166 low- and middle-income units through the city’s affordable housing lottery. Available to New Yorkers earning 40 or 120 of the area median income, the apartments range from $613/month studios to $2,520/month two-bedrooms. Comparatively, market-rate listings in the building range from $2,982/month studios to $4,260/month two-bedrooms.

Find out if you qualify

Brooklyn, CityRealty, Manhattan, New Jersey, Queens, Rentals

FREE RENT: This week’s roundup of NYC rental news

By Ondel Hylton, Sat, September 9, 2017

Images (L to R): AVALON BROOKLYN BAY, SKY, HENRY HALL and ELLIPSE

  • Live Inside the World Famous McAlpin Hotel; Spacious Rentals from $2,575/Month [link]
  • South Brooklyn’s Tallest, Avalon Brooklyn Bay, Starts Leasing [link]
  • 30-Story Hudson Yards Rental Opens with Unobstructed Views, Apartments from $3,200/Month [link]
  • Live in the Sky: Coveted 42nd Street Rental Tower Offers 1 Month Free with New Leases [link]
  • Ready to Roll: Long Island City Rentals Atop Car Dealership Will Launch This Fall [link]
  • Bed-Stuy’s 276 Nostrand Avenue Debuts Giving Away One Month of Free Rent [link]
  • Ultra-Luxury Rental 800 Fifth Avenue Offers One Month Free on Two-Year Leases [link]
  • Bed-Stuy’s 752 Quincy Now Offering One Month Free on Remaining Units [link]
  • An Upward Curve for Ellipse: Newport Rental is 60% Leased, Move-Ins Begin [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

Brooklyn, CityRealty, Manhattan, Queens, Rentals

Images (L to R): Sky, 605 West 42nd Street, Harlem 125, 69 East 125th Street, The Parkline, 626 Flatbush Avenue and 4540 Center Boulevard

  • Get Ready for Summer: Hells Kitchen High-Rise with Two Outdoor Pools Leasing with 1 Month Free [link]
  • A Discussion with Winston Fisher on HOUSE39; Midtown’s “Best in Class” Tower Now Offering Two Mos. Free Rent [link]
  • New Harlem Rentals Debut on 125th Street; Apartments from $1,994/Month [link]
  • Live Near Prospect Park at The Parkline with 2 Months Free; Studios from $2,141/Month [link]
  • Relaunched Rentals at Historic Manhattan Brownstone on Central Park West [link]
  • Long Island City’s 4540 Center Boulevard Offering 1 Month Free; Studios from $2,595/Month [link]
  • Newly Launched Clinton Hill Rental Fills Up Fast & Offers 2 Months Free on Final Units [link]
  • Security Deposit Discounts at 160 Riverside Boulevard – Luxurious Rentals Next to Hudson River Greenway [link]
  • Airy Williamsburg Rentals with 2 Months Free; No Fee 1-Bedrooms from $2,669/Month [link]
  • Midtown East Skyscraper Near Grand Central Offering 2 Months Free on 2-Year Leases [link]
  • Two Months Free on Newly Renovated Apartments in Brooklyn Heights; 1 Bedrooms from $2,500/Month [link]
  • Life is Grand at The Brooklyn Grand with No Fee and One Month Free [link]
  • Upper West Side Rental 180 Riverside Boulevard Leasing with Discounted Security Deposits; Studios from $2,700/Month [link]
  • 5-Story Rental Debuts at 808 Saint Johns Place in Crown Heights [link]
  • 30-Story Hudson Yards Rental Opens with Unobstructed Views, Apartments from $3,200/Month + 2 Months Free [link]

SEE MORE RENTAL NEWS AND OFFERS HERE >>

 

Celebrities, Midtown West, Recent Sales

Back in July, 6sqft reported that Knicks star Kristaps Porzingis was renting out an $8,000/month penthouse at Midtown West‘s amenity-filled Sky, as well as renting out two more high-floor units for his brothers Martins and Janis. Perhaps due to the building’s Carmelo Anthony-designed NBA regulation-sized basketball court, another player for the team has followed suite; the Post brings news today that shooting guard Sasha Vujacic is living in an $8,200/month pad at the glassy slab tower, and he and Porzingis have been spotting shooting hoops together here.

Read more

Apartment Deals, Friday 5

Every Friday 6sqft is rounding up five of the best rental deals showcased on CityRealty.com’s newly launched no-fee rentals page, a space where house hunters can find the best concessions being offered by landlords across the city.

As we sizzle in this uncomfortable pocket of August air, many of us yearn for a picturesque beach or pool-side locale to cool off, but when a swim in the East River starts to look inviting, you know things are dire. Not to worry; for those looking to stay close to home, these premier rental buildings are outfitted with resident-only swimming pools accompanied by sun decks, resort-style amenities, and killer views. And with months of free rent embedded into leases, and thousands of newly available apartments on the market, this season could be your best chance to snag a home in one of these coveted buildings.

See all the deal this way

Celebrities, Midtown West

Knicks star Kristaps Porzingis recently rented out an $8,000 a month penthouse at Midtown West‘s amenity-rich Sky. Located at 605 West 42nd Street, the glassy slab tower affords the 7-foot-3-inch Latvian player with a Carmelo Anthony-designed NBA regulation-sized basketball court, which is part of a 70,000-square-foot recreation facility that also boasts gyms, three pools, a café, yoga and cycling studios, billiards lounge, and a spa. As the Post tells us, “Godzingis” also rented out another two high-floor units for his brothers Martins and Janis.

See it all here

City Living, gentrification, Hell's Kitchen, real estate trends

Hell's Kitchen

There’s yet to be an exact agreed-upon theory as to where the name Hell’s Kitchen came from, but most historians agree that it had something to do with the poor tenement conditions and general filth of the neighborhood in the 19th century. Its reputation didn’t get any better in the 20th century, though. After the repeal of prohibition, the area became overrun with organized crime, and until the 1980s it was known as a home base for several gangs. Today, Hell’s Kitchen is no longer the “Wild West,” but rather a rapidly gentrifying community ripe for new development.

A neighborhood profile today in the Times looks at the transformation of the neighborhood, also called Clinton or Midtown West, which is generally defined as the area from Eighth Avenue to the Hudson River between 34th to 59th Streets. Summed up, “New buildings are going up, and older ones are being converted to high-end residences. The development of Hudson Yards and the High Line just to its south and the addition of the Time Warner Center on its northeast border have spurred growth. Prices have gone up but are still generally lower than in surrounding neighborhoods.”

Find out more ahead

Featured Story

Architecture, Features, Major Developments, New Developments, Starchitecture, Urban Design

NYC Construction, manhattan apartments, manhattan rentals, manhattan condos, skyscraper living

You’ve probably realized that New York is in the midst of a skyscraper boom, but if the ubiquitous scaffolding and sidewalk detours haven’t given it away, we bring you further proof — with part two of our series detailing the tallest residential towers set to rise high above the city, forever changing New York’s skyline.

Compared to the previous 26 projects — the tallest of the tall that included ultra-luxury and super-tall towers such as 432 Park Avenue and 125 Greenwich Street — this second batch is composed of smaller buildings ranging from 500 to 700 feet tall and features greater geographical diversity and lots more rentals. With developers scouring the city for less expensive areas to assemble properties, these often-controversial projects are slated to rise in some of our more human-scaled ‘hoods such as East Harlem, South Street Seaport, and Williamsburg.

Will they all get built? Unlikely, but in any case here’s our list

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