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.”