- Take a peek inside Herzog & De Meuron‘s condo hotel planned for the Lower East Side. The interiors have been designed by Beyer Blinder Belle. [Curbed]
- A Chinatown penthouse with a pretty sweet rooftop watchtower hits the market. [Curbed]
- The windows at One York in Tribeca keep fogging up and a lawsuit has been issued demanding their replacement. The fix will cost a whopping $10M. [NYDN]
- A townhouse in Harlem’s historic district just sold for $2.9M, setting a new sales record for the Stivers Row block. [TRD]
- With about 4,000 units in more than 20 residential buildings coming to Brooklyn over the next two years, if the law of supply and demand holds, experts expect the borough’s rents to level out, or maybe even drop. [NYDN]
- Urban Compass is being sued by an entrepreneur who claims the company and its CEO, Robert Reffkin, stole his ideas and then dumped him. Urban Compass recently secured $40M from investors, putting its value at $360M. [TRD]
Inside H&DM’s condo hotel (left); The rootop watchtower above 18 Orchard (right)
Move over Greenwich Village, there’s a new gold coast in Manhattan and it’s nowhere near Fifth Avenue. Since former Mayor Michael Bloomberg announced that the far west side is the city’s new Gold Coast and Manhattan’s last frontier, a necklace of ravishing projects have been announced along the Hudson River waterfront. The latest reveal is for a new 12-story, 88-unit condominium coming from famed hotelier Ian Schrager and Herzog & de Meuron Architects. The Hudson Square site at 156 Leroy Street will replace a handful of low-slung buildings that include two auto-body shops, a gentleman’s club and the former Lunchbox Diner.
More renderings of 156 Leroy here
Images: Marble Bowl by Earnest Studio (left), hotel rendering (right)
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?