520 Park Avenue, well on its way to being the tallest skyscraper on the Upper East Side, is putting its final crowning members in place, CityRealty reports. The developer of the 54-story tower just off Park Avenue at East 60th Street is the multi-generational Zeckendorf real estate dynasty who brought us 50 U.N. Plaza, 15 Central Park West and the neighborhood-transforming Worldwide Plaza and Union Square’s Zeckendorf Towers.
Robert A.M. Stern
With deflatgate behind him and another Super Bowl win under his belt, Patriots Quarterback Tom Brady is looking to upgrade apartments. The Post reports that he and supermodel wife Gisele Bündchen may be trading up from the 11th floor spread at Tribeca‘s 70 Vestry Street they bought for $20 million in August to a $35 million unit on the floor above. Why? The speculation is that Brady wants to be on floor 12, the same number as his jersey. Perhaps it’s pure ego or superstition since his jersey was recently stolen after the big game. Either way, the Robert A.M. Stern-designed building won’t be complete until next year, so the power couple has some time to make a final Hail Mary.
The conversion of the historic Belnord into luxury condominiums is moving forward, with the property expected to be brought to market as early as the third quarter of the year. This morning, HFZ Capital announced they have tapped starchitect Robert A.M. Stern to helm the transformation, which would turn approximately 95 rental apartments in the full-block, 1908 building at 225 West 86th Street into fully converted and reimagined apartments. In all, the limestone-and-brick structure currently maintains 213 rental units.
The Van Alen Institute announces their fourth annual Auction of Art + Design Experiences, offering a rare international sampling of curated events with leading names in the creative world. Like an omakase of “distinctive experiences” with some of today’s most notable innovators in the architecture, design and culture spheres, the benefit auction, available via Paddle8, offers a Robert A.M. Stern-led VIP preview of the architect’s addition to the Yale University campus, an afternoon in the archives of Lina Bo Bardi’s Casa de Vidro outside São Paulo, a workout at Medellín Sports Coliseum with its architect, Giancarlo Mazzanti, a visit to a collection of stilted Miami beach houses with architect Terry Riley, meditation studio time with Winka Dubbeldam and a tour of John Lautner-designed horror story homes in the Hollywood hills, to name just a few.
After selling the $50 million penthouse at the beginning of the year and celebrating the building’s topping out last month, the Related Companies has unveiled the $65 million penthouse atop their Tribeca condo 70 Vestry, the largest apartment listed in New York this year. The massive, incredibly luxurious home is the crowning jewel of the Robert A.M. Stern-designed project, boasting close to 8,000 square feet of interior space designed by Daniel Romualdez and 3,687 square feet of private outdoor space across three levels and including a rooftop terrace. Benjamin Joseph, Executive Vice President at Related Companies, said in a press release, “A penthouse of this caliber has never before been offered in Tribeca, and may never be again.”
The top-floor units at Robert A.M. Stern’s 930-foot 30 Park Place have a way of making headlines. The 82nd floor penthouse, for instance, boasts the highest private outdoor space in the city, and the building’s own developer, Larry Silverstein, recently snatched up the massive 80th floor spread for $34 million. But below these units are two duplex penthouses that span the 78th and 79th floors, notable for their double-height loggias that, as Curbed notes, have become a fixture in classic Stern buildings like 15 Central Park West and 520 Park Avenue. Curbed also got their hands on new photos of penthouse 78B, on the market for $29.5 million, which not only showcase the incredible views from the terrace, but new looks at the interiors.
For new developments, 2015 was the year of reveals, but 2016 was all about watching these buildings reshape our city. Ahead we’ve narrowed a list of 12 news-making residential structures, each noted for their distinctive design, blockbuster prices, or their game-changing potential on the skyline or NYC neighborhoods.
Which of these you think deserves 6sqft’s title of 2016 Building of the Year? Have your say below. Polls for our third annual competition will be open up until 11:59 p.m., Sunday, December 11th*, and we will announce the winner on Tuesday, December 13th!
Robert A.M. Stern‘s 220 Central Park South will eventually rise 950 feet amongst the supertall and super-luxury towers of Billionaires’ Row. As of August, the 66-story tower had risen 600 feet, and now that it’s nearing the homestretch, urban explorer and photographer Viktor Thomas decided it was time to get past the construction zone and scale the limestone skyscraper. First shared by Untapped, he posted this vertigo-inducing set of photos on his Instagram account @vic.invades that show the truly insane views from the tower.
Robert A.M. Stern‘s latest Billionaires’ Row blockbuster continues its rapid ascent into the sky. As CityRealty.com reports, 220 Central Park South (220 CPS) is now two-thirds of the way up, construction having knocked out about 600 feet of the tower’s eventual 950-foot height. Application of the limestone cladding started in April and has thus far been installed across over one-third of the building. When finished in 2017, the two-winged skyscraper with its rare and direct Central Park South frontage will host 118 luxurious homes across 66 stories—and it will be one of the city’s most expensive residences. Jump ahead to see more photos of all the work that’s been completed.
Pre-deflategate, in 2013, Patriots quarterback Tom Brady and his supermodel wife Gisele Bündchen bought a sprawling apartment at glassy Flatiron tower One Madison. The following year, they put it on the market for $40,000 a month, and it rented out in just two days. But it looks like they’ll soon be selling, as the Post reports that the power couple has picked up a $20 million+ pad at Robert A.M. Stern’s forthcoming Tribeca project 70 Vestry Street.
Though it’s not confirmed which unit they acquired, sources say it’s 5,000 square feet, on a high floor, and comes with a large terrace. Rumor also has it they chose the waterfront building because of the privacy that its covered porte-cochère entrance provides.
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.
No longer are New York’s most distinguished and architecturally avant-garde residential buildings limited to condos and co-ops. With more design-attuned renters on the market, developers are tapping the world’s best architects to make their rental properties stand out. A spate of renowned designers have hit the city’s architectural scene as of late, including of-the-moment starchitect Bjarke Ingels, long-time favorite Robert A.M. Stern, and Pritzker Prize winner Christian de Portzamparc.
While rental prices in these properties are usually higher than average, these buildings provide condo-level finishes, gracious and unique layouts, and all the amenities a renter could wish for. The slowing rental market and the influx of hundreds of new apartments have compelled landlords to offer some short-lived deals and incentives to attract lease-signers. See our list below of the five most stunning new rental buildings that are now offering rental concessions.
If living right near the Holland Tunnel doesn’t bother you, here are 41 low-income apartments on the border of Tribeca and Soho in a brand-new rental building from the Related Companies. 261 Hudson Street is in the up-and-coming Hudson Square neighborhood and was constructed as an 80-20 building through the city’s Robert A.M. Stern Architects, it has 12 stories and 201 units total. The affordable apartments include $788/month studios, $847 one-bedrooms, and $1,025 two-bedrooms.
For good reason, hundreds if not thousands of articles and books have been published on 15 Central Park West, the “Limestone Jesus” designed by famed architect Robert A.M. Stern. This modern icon is credited with not only elevating the New York City luxury market to a level no one before dreamed it could reach, but it has also spurred a slew of copycats around the city and globe with developers hoping to emulate its unprecedented success (it is currently the most expensive building in NYC with apartments priced from $5.4M to $48M).
Ahead Robert A.M. Stern Architects’ partner Paul Whalen discusses why there will never be another building like 15 CPW, and why he still has a hard time containing his excitement for its architecture, interiors and the carefully calculated layout. He says to this day, he still receives letters from residents that read “When I first moved in, I knew it would be an amazing building but I keep discovering qualities of the building I didn’t understand or realize. It takes years to fully appreciate living here.”
Presidential candidate Donald Trump‘s aggressive tone and occasional outlandish statements have dominated the conversation in the Republican primaries, and today is sure to be no different. Though his supporters feel that he’s a shoo-in, his real estate track record hasn’t always resulted in success. Take for example his fraught attempt to own the Empire State Building, which ended in lawsuits and public shaming, or his $80 million loss on the Plaza Hotel, which resulted from his near bankruptcy in the ’90s.
In addition to these public debacles, the developer-turned-showman-turned-politician has envisioned at least three of the world’s tallest buildings in New York over the years, which makes sense for a man who glories in superlatives and for whom every project is a flamboyant gesture. In honor of the Donald’s never-ending presence, 6sqft decided to take a look at these never-realized, sky-high proposals, which include the New York Stock Exchange Tower, Television City Tower, and 10 Columbus Circle.
In a very unexpected twist, The Real Deal has learned that the Chetrit Group is selling the Sony Building, scrapping its flashy plans to convert the office building’s upper floors to luxury condos designed by none other than Robert A.M. Stern. Olayan America, a division of the Saudi conglomerate Olayan Group, is in contract to purchase 550 Madison Avenue, partnering with European and Asian asset manager Chelsfield. According to the Post, they’ll pay between $1.4 and $1.5 billion, a profit of at least $300 million for Chetrit. In a statement, Olayan said they’ll lease space to “high-quality commercial tenants.”
At the forefront of Midtown’s high-rise sierra, a new peak is emerging. Simply addressed 220 Central Park South, the two-winged development is being designed by celebrated historian and poet of the city’s skyline Robert A.M. Stern and developed by commercial and retail heavyweights Vornado Realty Trust. The tower portion of the complex has already ascended some 300 feet above street level and is noticeable from many parts of Central Park. Ultimately, it will stand 66 stories, 950 feet high, making it among the tallest residential buildings in the city. The exclusive, Central Park South-fronting wing, dubbed “The Villas” is up to the third of 17 stories and will be topped by a palatial quadplex penthouse.
Earlier this month, the tower’s warm limestone cladding was being applied to the lower mechanical floors, which will have 18- to 24-foot-high ceilings, boosting the building’s height by more than 100 feet and allowing nearly all its residences to possess Central Park views. To coincide with the construction work, Vornado recently published a collection of new renderings in a property portfolio, showing us for the first time several new looks at the project, including three full-scale views from Central Park and close-up looks at the base, porte-cochere, and an upper-level interior.
The Related Companies has launched the teaser website for its upcoming Tribeca condominium 70 Vestry Street. Related CEO Jeff Blau signed the purchase contract in December 2013 and closed on the six-parcel lot from Ponte Equities for $115.3 million in early 2014. Site excavation is already well underway, and new renderings of the Robert A.M. Stern-designed building have now surfaced. The project will pay homage to the neighborhood’s distinctive warehouse architecture, and in true Stern fashion, will be clad in sumptuous French limestone.
550 Madison rendering via Dbox
Curbed spotted the freshly launched teaser site for the Chetrit Group’s Sony Tower conversion, now going by the name 550 Madison, which revealed several new details about the project. The most notable is that Robert A.M. Stern will be designing the “opulent” condos, and we assume this includes the $150 million triplex penthouse. Interestingly, Stern was once a student of Philip Johnson, who is responsible for the ground-breaking Sony Building. In all, there will be 113 condo units on floors 21-43, up from the previously reported 96, as well as a 170-key luxury Parisian hotel and high-end ground-floor retail.
Robert A.M. Stern’s 220 Central Park South has been keeping us on our toes, from its $1.3 billion construction price tag to its $200+ million penthouse to its lightning fast sales (the building was one-third sold after just six weeks, and it’s now more than 50 percent sold even though listings for the 118 units have yet to go public). The latest head-spinner comes courtesy of The Real Deal, who reports that developer Vornado is spending $5,000 per square foot to build the Billionaires’ Row blockbuster. The actual land comes out to $1,500 per foot, with the remaining $3,500 per foot going to “hard, soft and financial costs.” The total sellout is close to $3 billion, and of the 59+ units that are in contract, 14 were pricier than $50 million.
Two years since its groundbreaking, Zeckendorf Development’s tower o’ opulence at 520 Park Avenue has finally emerged from its cavernous trench. Set for completion in 2018, the Billionaires’ Row building will climb 54 floors and 780 feet into the Manhattan skyline, becoming the tallest and likely the most prestigious building on the Upper East Side.
Envisioned by William Lie and Arthur Zeckendorf, 520 Park Avenue inherits the classically-inspired taste of the real estate dynasty’s prior projects. In the ’80s, their father William Zeckendorf Jr. erected some of the city’s largest post-modern apartment complexes such as Worldwide Plaza, Zeckendorf Towers, and the Park Belvedere. Here, the developers commissioned the esteemed architect/historian and dean of the Yale School of Architecture Robert A.M. Stern as the designer and SLCE as the architects of record. This team also collaborated together on 18 Gramercy Park South and 15 Central Park West, which shattered apartment records when it opened in 2008. Intent on replicating its west side counterpart’s success, the Zeckendorfs again gathered the now-not-so-secret ingredients: a powerful address, palatial apartments, and most importantly, the coveted Central Park view, all of which will culminate in a jaw-dropping $130 million penthouse.
Talk about a selling point: This apartment, located in the Upper East Side co-op building 820 Park Avenue, has been personally redesigned by starchitect Robert A.M. Stern. He is well known for his project on the other side of the park, 15 Central Park West, where he designed a condo reminiscent of the historic co-op towers along the park. Here, he’s taken a prewar co-op, which fills up the entire 12th floor, and added some modern luxury perks.
The apartment itself has an interesting history; it was originally configured as a triplex for the building’s owner, and was then owned by pharmaceutical giant Cheng Ching Wang, the late father of Vera Wang. Serena and David Steinberg (she’s the daughter of Houston-based real estate mogul Gerald Hines, who’s built projects designed by I.M. Pei, Frank Gehry, and, of course, Robert A.M. Stern) purchased this floor for $6.5 million in 2008, pre-reno, and subsequently brought on Stern. After such a grand renovation, the owners started seeking a hefty profit back in 2013, originally listing it for $16.5 million. Now, after several price chops, it’s back for a much-reduced price of $9.5 million.
We first got wind of the potentially record-setting penthouse listing at 220 Central Park South back in March, when it was reported that the unit could sell for between $150 and $175 million. In June, sources said that a Qatari billionaire was looking to combine multiple apartments in the Robert A.M. Stern-designed building to create a $250 million mega-penthouse. Then last month, the Post speculated that another high-profile buyer was Ken Griffin, the billionaire hedge fun tycoon who is currently in the midst of a messy divorce from wife Anne Dias-Griffin (she’s asking for $1 million a month in child support). Now the paper reveals that it’s Griffin who’s looking to snatch up the $200 million+ penthouse in what’s being called the “billionaire’s bunker.”
Image courtesy of Desimone Engineering
Billionaire’s Row‘s race into the sky continues. Two of its biggest projected selling towers are beginning to rise out of their gargantuan foundations and are rushing to claim their piece of coveted Central Park-fronting airspace. Construction of Vornado’s 220 Central Park South development has an early lead against Extell Development’s significantly larger Central Park Tower (formerly Nordstrom Tower) across West 58th Street. The first level of concrete and re-bar are now poking up above street level and the elevator/stairway cores are now clearly visible to pedestrian passersby.
Starchitect Robert A.M. Stern certainly made headlines last week, with floorplans for two of his supertall billionaire’s row towers coming to light (520 Park Avenue and 220 Central Park South). And it’s these type of ground- and record-breaking urban projects that we’ve come to associate with the architect, who favors stately and classic buildings over the zig-zagging glass towers of his peers.
But long before the days of 15 Central Park West, Stern was beginning his architecture career with much humbler projects, like this Hamptons home, an unorthodox take on the shingle style that he completed just a few years after architecture school. The 3,000-square-foot, postmodern vacation house is on the market for $2.95 million, offering architecture buffs the chance to own a piece of history.
Developers of 520 Park Avenue have revealed apartment prices for all units in the building, which is poised to become one of the city’s most expensive condominium towers and include a $130 million penthouse. The building, which will rise in the high-priced corridor flanking Central Park that has been dubbed “Billionaire’s Row,” is expected to gross $1.2 billion in apartment sales, according to initial offering prices detailed in documents filed with the Attorney General’s office.
The $1.2 billion in total sales—which will make the building one of the most expensive in Manhattan history—is all the more impressive considering that current plans call for only 31 units, most of which will be full-floor residences.
It’s a good day for Robert A.M. Stern, whose buildings seem to be bringing billionaires to their knees. The Real Deal has just caught wind of the offering plan for Stern’s 220 Central Park South tower being developed by Vornado. According to the papers filed with the Attorney General and sources close to the development, the penthouse may ask $150 million to $175 million, bringing the building’s total sellout to a staggering $2.4 billion. The $175 million price tag would by far blow the Sony Building’s $150 million penthouse out of the water, and most certainly One57’s record $100 million sale which currently holds the title for the most expensive unit ever sold in the city.
- Watch a video profile of starchitect Robert A.M. Stern, exploring his life, career, and noted accomplishments. [PBS]
- The Rockaway Waterfront Alliance is proposing an ambitious park under the elevated A tracks called Project Underway. [Brownstoner Queens]
- Video “Down Orchard Street” looks for the remaining bargain district vendors. [Bowery Boogie]
- Hell’s Kitchen residents dig hot dogs, and Upper East Siders love French food. Yelp has put together a map of both the surprising and predictable popular cuisines of Manhattan neighborhoods. [DNAinfo]
- New television series “My City’s Just Not That into Me” matches intrepid city dwellers with their ideal piece of real estate. [Curbed]
Images: Project Underway rendering via Rockaway Waterfront Alliance (L); Soul food via Wiki Commons (R)
Robert A.M. Stern‘s 520 Park Avenue has already been called “the next 15 Central Park West,” and like its Stern predecessor, 520 is an ultra-luxury development with a stately façade wrapped in stone. Set to be completed in 2016, it will rise 51 stories high, but contain just 31 units, one of which is the $130 million penthouse, the city’s most expensive apartment. And though most of the attention has been on “the greatest apartment on the Upper East Side,” the fanfare has now shifted to the first batch of interior renderings for the building.
520 Park’s full website is now live, and not surprisingly, the residences have classic layouts, impressive Central Park views, and a host of high-end amenities.
15 Central Park West is frequently in the news—whether it’s because a new celeb has moved in, or that it’s recorded yet another blockbuster sale. But standing far from the limelight is the building’s architect, Robert A.M. Stern, who, like his buildings, opts for the stately, subdued and classic over the winding and twisting standalones of his contemporaries. “We have a lot of silly buildings being built, in my opinion. The buildings should not look like Lady Gaga,” the architect says. In the latest installment of the Louisiana Channel Stern discusses what might be his most famous project, 15 CPW, and why he strives for buildings that complement, not dominate.
Tucked away within the austere limestone façade of Architect Robert A.M. Stern’s 15 Central Park West is this fabulous apartment courtesy of Carl D’Aquino and Francine Monaco of New York-based design firm D’Aquino Monaco. Every single room is a treat to the senses, with bold splashes of color and unusual finishing touches combined to create a living space as cozy as it is quirky.