Skidmore Owings and Merrill

Apartment Deals, Friday 5, Starchitecture

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.

See all the deals here

condos, Construction Update, Midtown East, New Developments, Rentals

252 East 57th Street, SOM, WOrldwide, Rose Associates, Daniel Romualdez, Billionaire's Row, Central Park skyline

Soaring more than 700 feet into the Midtown East skyline, World Wide Group and Rose Associate’s 252 East 57th Street has officially topped out. Yes, it’s hard being a stand-out skyscraper in Manhattan these days; some 30 years ago, the tower would have been the highest apartment tower in the city, just besting Trump Tower and Olympic Tower on Fifth Avenue. Today, the 57-story building is the shortest and eastern-most of six super-towers underway along the southern periphery of Central Park that have been raising average building heights and asking prices to new levels.

More details ahead

Real Estate Wire

11 spencer court, bed stuy condos, tallest residential building in bed stuy,
  • A ‘seven-star hotel’ will rise on the former site of the Rizzoli Bookstore near Central Park. [WSJ]
  • Aby Rosen wants to turn an 11-unit co-op at 1025 Park Avenue into his personal 19,000-square-foot mansion. [NYDN]
  • Owners of a 13-story, 23-apartment rental at 11 Spencer Court in Bed-Stuy are looking to make $13 million sale—50% more than what they paid for it two years ago. [Crain’s]
  • A look inside the SOM-designed residential building at 252 East 57th. [Curbed]

The Bed-Stuy residential “tower” (left); 1025 Park Avenue. Image by Dwellings NYC (right)

Construction Update, Financial District, Major Developments, Transportation

One WTC, One World Trade Center, One WTC construction update, progress at One WTC

As many of you architecture buffs know, One WTC now rises a symbolic 1,776 feet, making it the tallest building in the Western Hemisphere and the third tallest in the entire world. Designed by renowned architect David Childs of Skidmore, Owings and Merrill, it also has a LEED Gold certification and is the most environmentally sustainable project of its size. After a temporary real estate slump, the 104-story, glass and steel building is now 56% leased, with big-time tenants like Conde Naste, Morgan Stanley, Legends Hospitality, and BMB Group. Eight years after construction began, One World Trade is at an exciting juncture with its tenants expected to move in by the end of the year, already beginning to build out their office spaces. The original crew of 10,000 has been reduced to 600, and we’re checking in on what these remaining workers are up to.

Check out some amazing photos of the progress at One WTC

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