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December 3, 2014

Real Estate Wire: Why One WTC’s Transportation Hub Costs $4B; Walker Tower Combo Up for $44.5M

Why the Santiago Calatrava-designed transportation hub at One World Trade Center has gone so far over budget. [NYT] A Walker Tower combo is looking for a $44.5M sale. [WSJ] 551W21, the Norman Foster-designed luxury condo, gets its windows. [Field Condition] New York will receive $72M to put towards protecting bridges from floods. [Crain’s] A Park Slope […]

September 18, 2014

Is Jennifer Lopez Moving Into Chelsea’s Walker Tower?

Jenny from the Block could be looking to move to Chelsea’s Walker Tower. According to the NYP, Jennifer Lopez was spotted scoping out apartments alongside celebrity broker Fredrik Eklund. The pair reportedly checked out an unlisted apartment and eyed the floor plans of several other units over lunch. The Post notes that J Lo’s budget is […]

August 4, 2014

Real Estate Wire: A Walker Tower Flipper Eyeing a 75% Profit; The Top 300 US Architecture Firms

The owner of a 3BR/4.5BA duplex with a terrace in the Walker Tower is looking to sell their $14.26M duplex for $25M. [Curbed] Architectural Record has released its annual list of the “Top 300 Architecture Firms” in the United States. Results are based on architectural revenue from 2013. [Architecture Record] Developers are having trouble filling […]

June 24, 2014

Multiple Walker Tower Owners Also Buying Units in Sister Property Stella Towers

Take two Art Deco commercial buildings designed by Robert Walker in the roaring twenties and mix in a little 21st century residential conversion magic by JDS Development Group, Property Markets Group, and Starwood Capital Group, and what do you get? Apparently two highly successful projects that now have even more in common - owners who have purchased units in both buildings.
Why did owners double up on their investments?
April 17, 2014

Chelsea’s Walker Tower Finally Getting Its Finishing Touches

One of our intrepid reports stopped by the Walker Tower earlier today to check out how things are coming along at the 212 West 18th Street landmark. The tower — which has drawn buyers ranging from Cameron Diaz to Mike Thorne (that guy who discovered the Sex Pistols) — had its scaffolding removed just seven months ago and has already set new sales records for Downtown Manhattan (this includes an impressive $50.9 million deal for the 6,000-square-foot 5BR/5.5BA penthouse). The conversion of the former Verizon building into luxury condos has been underway since 2011, but word is that construction on the interior will be wrapped up in the coming weeks. Let's take a look at what's been completed so far.
More photos here
September 8, 2016

Trevor Noah renting a $15,000/month Hell’s Kitchen bachelor pad in Ralph Walker’s Stella Tower

Fresh into his second year as host of "The Daily Show," Trevor Noah is treating himself to some iconic New York real estate. The Post reports that the South African comedian is renting a $15,000 a month bachelor pad at Stella Tower, the Ralph Walker condo conversion in Hell's Kitchen. The Art Deco tower was built in 1927 as a telephone building and was converted along with Chelsea's Walker Tower in recent years by JDS Development Group. Noah's new digs are a 1,700-square-foot, two-bedroom residence that has an impressive outdoor terrace. Located at 425 West 50th Street, it's just a few blocks away from The Daily Show Studios at 52nd Street and Eleventh Avenue.
See the whole place
May 6, 2014

Sales Officially Open at Ralph Walker’s Stella Tower – Will It be the ‘Star’ of Hell’s Kitchen?

Whether a reference to the Latin word meaning “star” or the lesser-known rare gold coin of the late 19th century, Stella Tower is aptly named. JDS Development Group, Property Markets Group, and Starwood Capital Group (the trio behind Chelsea’s Walker Tower) officially opened sales at Ralph Walker’s iconic Art Deco building, although a few sales have already moved forward quietly over the last few weeks.
See what all the fuss is about
September 24, 2024

The corner terrace at this $4.4M Stella Tower condo puts the city skyline at your feet

Stella Tower at 425 West 50th Street was designed in 1927 by renowned Deco-era architect Ralph Walker for the New York Telephone Company. The landmarked 17-story building, redesigned as a 21st-century condominium residence, retains its pre-war charm while offering an elevated level of modern luxury. This split two-bedroom home, asking $4,400,000, spans 1,763 square feet, offering the rare perk of a private corner terrace with one of the world's most dazzling city skylines just beyond.
step out and behold the view
August 14, 2019

A first look at Walker House, Newark’s historic Bell Telephone Building conversion

The first images of the finished Walker House in Downtown Newark have been released, giving us a peek inside the restored Art Deco masterpiece at 540 Broad Street. Designed by renowned architect Ralph Walker in 1929 as the corporate headquarters for the Bell Telephone Company and entered into the National Historic Register in 2005, the 21-story building has been redeveloped into a mixed-use building comprised of 264 apartments (a mix of market-rate and affordable units), amenities, offices, and retail space, including a brewery, a coffee shop, and Newark's first climbing wall.
More details
May 21, 2019

Rockefeller Center developer reveals new Art Deco views of its first residential tower in Nomad

In March, Rockefeller Group, the famous developers behind their eponymous Rockefeller Center, announced that they'd be building their first residential project in their 90-year history. Dubbed Rose Hill for the historic area that once occupied today's Nomad, the 600-foot tower at 30 East 29th Street is a uniquely modern interpretation of the Art Deco style. Now we have an even better look at this striking bronze facade, as well as the expansive amenity spaces and luxury condo interiors. The new views coincide with sales launching; prices will start at $1.195 million for a studio.
More details and renderings this way
March 6, 2019

Rockefeller Center developer reveals first NYC residential tower in Nomad

Formed over 90 years ago to develop and build Rockefeller Center, developer Rockefeller Group has never built a residential tower in its New York City hometown–until now. Their new condominium tower, Rose Hill has just been unveiled along with the launch of the building's teaser site. The 600-foot tower is currently under construction at 30 East 29th Street. The building will be designed by CetraRuddy; first looks show an Art Deco-inspired facade that does not diverge heavily from the architectural style of Rockefeller Center.
More, this way
February 27, 2017

‘The Daily Show’ host Trevor Noah buys a $10M Stella Tower penthouse

It looks like Trevor Noah's $15,000 rental at Stella Tower was just a space for him to kill time while waiting to move upstairs into a $10 million penthouse. The Journal reports that Noah closed today on the top-floor duplex apartment that spans the 17th and 18th floors of the 1927 Ralph Walker-designed skyscraper. In all, the star's new spacious abode measures 3,600 square feet and comes encircled by a large, 930-square-foot terrace with sweeping views of the city.
see more inside
August 6, 2016

Brooklyn’s Tallest Tower Finishes Construction and Commences Leasing

Back in 2007, a run-of-the-mill row of three- to four-story walk-up buildings bounded by Willoughby, Bridge and Duffield Streets was ordered to vacate to make way for a soaring mixed-use skyscraper developed by AvalonBay Communities. Without warning, shopkeepers were given between 30 and 120 days to clear out or face court eviction, evidence of the impact of gentrification on Downtown Brooklyn. The district's 2004 rezoning sparked the development of thousands of new apartments (6,400 in the pipeline according to our latest count) and is finally getting a dusting of office space too. Now, after an arduous, decade-long journey of assembling an 11-parcel site, clearing and excavating it, and throwing up nearly one million square feet into the air, Avalon has finally finished construction and has kicked off leasing of the building's upper collection of homes called Avalon Willoughby Square.
Get the scoop on Avalon's deals
January 26, 2016

Could This Modern Residential Tower Replace the Historic Barney’s Building at 115 Seventh Avenue?

Bargain hunters were distraught when Loehmann's shuttered their NYC locations two years ago. It perhaps hit hardest at their Chelsea location, at the northeast corner of 16th Street and Seventh Avenue. Later that year it was announced that upscale retailer Barney's would be opening a five-level store in the space, which also happens to be the site where they were founded in 1923, and remained until 2007. Next door, at the southeast corner of Seventh Avenue and 16th Street, also once part of Barney's downtown flagship, 6sqft has uncovered a rendering showing a modern residential tower with a retail base that may replace the historic Romanesque-style building.
Get the full story right here
September 23, 2015

Can the Pope Help Stop Extell’s South Street Tower?; Christina Aguilera Tours a $105M Condo

Inside the NY apartment linked to an investigation of Malaysia’s prime minister. [Quartz] Predictions for the fall real estate market. [DNA Info] Locals want the Pope’s help in stopping Extell’s controversial 800-foot tower neighboring the Manhattan Bridge. [Bowery Boogie] Christina Aguilera reportedly toured the $105M penthouse at 100 Barclay Street. The unit sits atop the Ralph […]

January 15, 2015

111 West 57th Street: The World’s Skinniest Tower Will Rise to 1,421 Feet

That's a lot of accolades for one building, but the SHoP Architects-designed tower at 111 West 57th Street is looking to sweep the supertall competition. Originally planned to rise 1,397 feet, the tower will now soar to 1,421 feet, surpassing 432 Park Avenue (the current tallest residential building in the Western Hemisphere) by 24 feet, according to city records uncovered by Crain's. It will also retain its title as the world’s slenderest tower.
More details ahead
June 28, 2014

A Glittering Tower Built from Mushrooms Rises in the MoMA PS1 Courtyard

There's a new tower in town, and for once it's not made of steel and glass... After a month of construction, David Benjamin and his firm, The Living, have completed the world's first large-scale structure made of mushroom bricks. Better known as ‘Hy-Fi‘, the tower is the winning design of this year's MoMA Young Architects Program, and like the works that preceded it, it's an idea that asks us to rethink what we know about materials, fabrication and architecture in an urban context.
More photos of the fungtastic tower this way
February 22, 2019

INTERVIEW: Architect Nancy Ruddy on 30 years in NYC, adding to the skyline, and restaurant design

When Nancy Ruddy and her husband John Cetra formed architecture firm CetraRuddy in 1987, they wanted to "create inspirational spaces and buildings based upon the ideas of craft and the human touch." Thirty-one years later, and the 100-person firm has achieved this goal and then some, marking the skyline with their soaring One Madison tower, transforming Tribeca's 443 Greenwich Street into the hottest celebrity residence, and adapting historic buildings by prolific architects such as Ralph Walker and Rosario Candela. They've also distinguished themselves by combing architecture and design practices, which was most recently showcased at their designs for the new Time Warner Center restaurant Bluebird London. Ahead, 6sqft talks with Nancy Ruddy about how all of these successes came to be, where she sees the architectural landscape of NYC heading, and what it was like creating a destination dining space overlooking Central Park.
Hear from Nancy
May 23, 2018

15 Central Park West still reigns as the best selling condo in New York City

With 10 years of closings officially on record, 15 Central Park West takes the top spot as New York City's best performing building for yet another year. According to a CityRealty 100 report released Wednesday, the average price per square foot of units at Robert A.M. Stern's "Limestone Jesus" was roughly $6,405, between April 1, 2017 and March 31, 2018. In that time period the building saw a total of eight sales, including apartments which sold for $28 million and $21.5 million. Sales at the limestone tower were able to outperform newer developments, like One57 and 432 Park Avenue.
Get the details
October 6, 2017

Jennifer Lopez lists enormous Nomad penthouse for $27M

Bronx native and superstar J.Lo is selling her duplex penthouse in the Whitman, a luxurious condominium conversion at 21 East 26th Street, for $26.95 million. Lopez, who currently stars in the television show “Shades of Blue,” first purchased the Nomad pad in 2014 for $20.16 million. As the New York Times reported, the four-bedroom apartment overlooks Madison Square Park, spans 6,540 square feet on the building’s top two floors, and includes an additional 3,000 square feet of outdoor space spread across four sprawling terraces. Though Jenny from the Block will be departing (and taking her Grammy pictured above with her!), the next owner can still hobnob with the building's other A-listers Chelsea Clinton and NASCAR driver Jeff Gordon.
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September 20, 2017

Massive penthouse in the Woolworth Building’s iconic copper ‘Pinnacle’ lists for $110M

When the neo-Gothic Woolworth Building was erected in 1913 as the world's tallest building, it cost a total of $13.5 million. Now, 104 years and a partial condo conversion later, its massive, seven-story penthouse has hit the market for an exorbitant $110 million. The Wall Street Journal first got wind of the not-yet-public listing, which could be the most expensive sale ever downtown, far surpassing the current $50.9 million record at Chelsea’s Walker Tower. Dubbed the Pinnacle for its location in the 792-foot tower's iconic green copper crown, the penthouse will encompass 9,710 square feet and boast a private elevator, 24-foot ceilings, a 400-square-foot open observatory, and views in every direction, from the World Trade Center to New Jersey to the East River.
More details ahead