All articles by Alexandra Alexa

NYC’s third $100M+ real estate deal closes at 220 Central Park South

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

December 13, 2019

NYC’s third $100M+ real estate deal closes at 220 Central Park South

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A penthouse at 220 Central Park South has sold for $100 million to an undisclosed buyer, the Wall Street Journal reports. The Billionaire's Row transaction is only the third nine-figure deal to close in New York City, following hedge-fund executive Ken Griffin’s whopping $240 million purchase in the same building earlier this year (the most expensive home ever sold in the U.S.) and tech mogul Michael Dell’s $100.47 million penthouse at nearby One57, which closed in 2014.
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Plans filed to replace historic Greenwich Village houses with a 244-foot luxury tower
December 12, 2019

Plans filed to replace historic Greenwich Village houses with a 244-foot luxury tower

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Developer Madison Equities filed plans on Thursday to demolish two five-story buildings at 14-16 Fifth Avenue in favor of a 21-story, 244-foot luxury apartment tower. According to The Real Deal, Madison Equities bought the property with City Urban Realty in 2015 for $27.5 million and at the time cited plans to renovate the existing apartments. The buildings currently contain 20 units of “relatively affordable housing” while the proposed new building would comprise 18 “super-luxury” units. The Gothic Revival townhouses date back to 1848 and are landmarked within the Greenwich Village Historic District so the plans can only proceed with approval from the Landmarks Preservation Commission.
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What you need to know to survive SantaCon 2019

Photo by Jim Henderson via Wikimedia Commons

December 12, 2019

What you need to know to survive SantaCon 2019

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For its 25th year, SantaCon planned a series of yacht parties that would have spared New York City the drunken "festivities" that many decry as "the worst day of the year." Alas, that plan was canceled after pushback from residents and local officials, so Midtown will once again be flooded with ho-ho-hordes of drunk bros in Santa outfits. Whether you embrace the event's mission of spreading "absurdist joy" or you consider this the one day of the year that you must stay indoors, here's what you need to know about the event, taking place on Saturday.
Brace yourself...
See inside The Wing’s newest location in Bryant Park

Images by Tory Williams; courtesy of The Wing

December 11, 2019

See inside The Wing’s newest location in Bryant Park

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The Wing is celebrating the end of a busy year with the opening of its newest NYC location in Bryant Park at 25 West 39th Street. As we've come to expect from the women-only co-working and community space, the design is warm, inviting, and highly Instagrammable. It occupies roughly 7,000 square feet—the entire 11th floor of the building—with a range of workspaces, personal areas, a mother's room, a full-service cafe, and more.
Take a look around
Giorgio Armani buys William Randolph Hearst’s one-time Central Park West penthouse for $17.5M

Listing images by Evan Joseph; courtesy of Compass

December 10, 2019

Giorgio Armani buys William Randolph Hearst’s one-time Central Park West penthouse for $17.5M

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T-Mobile's departing CEO John Legere first listed his palatial penthouse at 91 Central Park West for $22 million in February 2018 and progressively dropped the price to just shy of $18 million in his search for a buyer. In the end, he didn't have to look far. Giorgio Armani—who already owns a unit on the same floor—recently purchased the residence for roughly $17.5 million, as the Wall Street Journal first reported. The one-time home of publishing giant William Randolph Hearst sprawls over 3,000 square feet and comes with a 1,700-square-foot private terrace overlooking the park. Armani will combine the residence with his existing, similarly sized unit and take over the entire floor.
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Swedish photography museum Fotografiska to open in the historic Church Missions House

Renderings courtesy of CetraRuddy

December 10, 2019

Swedish photography museum Fotografiska to open in the historic Church Missions House

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Stockholm-based photography museum Fotografiska is opening its first stateside outpost in New York City this month. Housed inside the former Church Missions House at 281 Park Avenue South, the organization will bring 45,000 square feet of exhibition and event spaces, alongside a restaurant inspired by European “grand cafés.” New York firm CetraRuddy led the restoration and redesign of the landmarked space, working with Higgins Quasebarth & Partners to preserve the stained-glass windows and limestone and granite facade of the Renaissance Revival building.
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NYC and Newark agree to temporarily suspend controversial homeless relocation program

Photo of Newark, NJ by Paul Sableman on Flickr

December 10, 2019

NYC and Newark agree to temporarily suspend controversial homeless relocation program

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Update 12/10/19: After a long negotiation in federal court on Monday, Newark and New York have agreed to suspend the SOTA Program, Politico reported. "In the spirit of productive conservations and with the goal of moving toward an improved program, we will be temporarily pausing placements in Newark," de Blasio spokesperson Freddi Goldstein said in a statement. New York City will also send Newark a list of participants of the program and their addresses once an agreement is reached.  Newark officials are suing New York City and Mayor Bill de Blasio over the city's controversial Special One-Time Assistance (SOTA) Program that provides homeless shelter residents with free rent for a year if they leave NYC. More than 2,200 families have been placed in 62 New Jersey cities through the program, with over half ending up in Newark. Recent investigations have found that some families end up in "illegal and uninhabitable" apartments and are essentially forced to become dependent on Newark social services. The lawsuit was filed in federal court Monday, as NJ.com first reported, just weeks after Newark passed a law to make the program illegal and ban landlords from taking more than a month's worth of subsidized rent.
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NYC council members to introduce Staten Island secession bill

Photo by InSapphoWeTrust via Flickr

December 10, 2019

NYC council members to introduce Staten Island secession bill

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As part of their renewed push for Staten Island secession, Republican Council Members Joe Borelli and Steven Matteo will introduce a bill to the City Council Tuesday to establish a secession task force. As the Staten Island Advance first reported, the task force would have 18 months to gather data showing the “impact and viability” of the borough's secession. While Matteo and Borelli say Island leaders and lawmakers—including Borough President James Oddo—have expressed support for the legislation, they are the only council members to support the bill so far.
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Amazon leases office space in Hudson Yards

Photo by Bill Benzon via Flickr cc

December 9, 2019

Amazon leases office space in Hudson Yards

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Less than a year after Amazon dropped plans to build its second headquarters in Long Island City, the tech giant has officially signed a lease for office space in Hudson Yards, as the Wall Street Journal first reported. The Seattle-based company will expand its presence in Manhattan with 335,000 square feet of office space at 410 Tenth Avenue. There are currently about 3,500 employees in the company's existing NYC offices and this latest expansion will bring 1,500 new jobs to the city—all without any incentives.
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69 newly constructed affordable units available in East New York, from $856/month

The nearby Sperandeo Brothers Playground and 315 Linwood Street under construction as of May; Map data © 2019 Google

December 6, 2019

69 newly constructed affordable units available in East New York, from $856/month

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Linwood Park Apartments, a new development at 315 Linwood Street in East New York, has just launched an affordable housing lottery. The 10-story complex is located in the rezoned Atlantic Avenue corridor and is made up entirely of affordable units, available to those earning 40, 50, and 60 percent of the area median income. 69 apartments are available in the lottery, ranging from $856/month studios to $1,504/month three-bedrooms. Eight of those units have been set aside for those who qualify for Section 8, meaning eligible residents will pay 30 percent of their income for rent.
Find out if you qualify
Lottery launches for 667 mixed-income units at huge new development near Jamaica Station

Rendering courtesy of FXCollaborative and BRP Companies

December 5, 2019

Lottery launches for 667 mixed-income units at huge new development near Jamaica Station

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The latest housing lottery to open for applications is a pretty significant one: there are now 667 newly constructed units up for grabs at 148-10 Archer Avenue and 147-10 Archer Avenue in Jamaica, Queens. Otherwise known as The Crossing at Jamaica Station, the FXCollaborative-designed development is a commuter's dream, located at the corner of Archer Avenue and Sutphin Boulevard, right next to the LIRR's Jamaica Station, the Air Link to JFK, and with proximity to four MTA subway lines and several buses. Qualifying New Yorkers earning between 40 and 165 percent of the area median income can apply for the units, ranging from $633/month studios to $4,501/month three-bedrooms.
Do you qualify?
Construction begins on Fort Greene’s newest cultural center at 300 Ashland Place

Renderings courtesy of TEN Arquitectos and Andrea Steele Architecture

December 5, 2019

Construction begins on Fort Greene’s newest cultural center at 300 Ashland Place

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The city’s Economic Development Corporation (NYCEDC) and Department of Cultural Affairs (DCLA) is starting construction on a new cultural center housed within the 32-story tower at 300 Ashland Place in Fort Greene. The new L10 Arts and Cultural Center will span across 50,000 square feet and host a range of institutions, including new gallery and performance spaces for the Museum of Contemporary African Diasporan Arts (MoCADA), three cinemas for the Brooklyn Academy of Music (BAM), rehearsal studios and performance space for 651 ARTS, and a new branch of the Brooklyn Public Library.
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950-unit ‘Gowanus Green’ development met with skepticism by local residents who hoped for a park

Photo by Danny Navaro via Flickr cc

December 4, 2019

950-unit ‘Gowanus Green’ development met with skepticism by local residents who hoped for a park

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During a Brooklyn Community Board 6 meeting on Monday night, architects, developers, and city officials revealed preliminary plans for Gowanus Green, a multi-building development on a 5.8-acre site at the corner of Smith and Fifth Streets. Once home to a gas plant, the city-owned site has been vacant for decades and was designated as a "public place" in 1974. As the Brooklyn Daily Eagle first reported, Carroll Gardens and Gowanus residents who were expecting that the site would become a park widely panned the new proposal for a series of buildings ranging from a five-story school to a 28-story residential tower.
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Everything you need to know about this year’s Rockefeller Center tree lighting

Image by Michael Vadon via Wikimedia Commons

December 4, 2019

Everything you need to know about this year’s Rockefeller Center tree lighting

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The 2019 Rockefeller Center Christmas tree has been in place for nearly a month, and it's almost ready to get lit. The 87th annual tree lighting ceremony will take place later tonight, with tens of thousands of spectators expected for the festivities and millions more tuning in on television. The event is free to the public on a first-come, first-served basis, so read on for everything you need to know if you plan on getting a spot (or if you'd rather watch from your couch!).
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For $10M, an Upper East Side townhouse with downtown loft style

Listing images courtesy of Brown Harris Stevens

December 3, 2019

For $10M, an Upper East Side townhouse with downtown loft style

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Located on the corner of Third Avenue, this five-story townhouse at 182 East 94th Street brings downtown loft living to the Upper East Side. With over 5,800 square feet of interior space, the residence comes with a roof terrace, separate studio apartment on the ground floor, private parking, and nearly 4,500 square feet of unused development rights. The sprawling pad was constructed in 2012 and has yet to change ownership. The property listed last week for $9.975 million and is also available on the rental market for $30,000/month.
Get the full tour
Whimsy and luxury collide in this $19M Soho loft filled with a hand-themed art collection

Listing images courtesy of Brown Harris Stevens

December 2, 2019

Whimsy and luxury collide in this $19M Soho loft filled with a hand-themed art collection

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After nearly 30 years, Henry Buhl—a former mutual-fund manager turned photographer, philanthropist, and art collector—has listed his four-bedroom Soho loft for a cool $19 million. Buhl bought two adjacent units at 102 Prince Street and 114 Greene Street in 1990 for about $2.5 million and combined them into a sprawling, 7,000+ square-foot residence. Located in a classic Soho cast-iron building, one side of the home is luxuriously decorated in the Renaissance style while the other offers a unique “sculpture garden” filled with Buhl’s hand-themed art collection featuring works by Pablo Picasso, Auguste Rodin, and Fernando Botero. The 89-year-old is looking to downsize, according to an interview with the Wall Street Journal, and is willing to sell prospective buyers “a handful” of his art as well.
Have a look around
Get a rare look inside the homes of the Chelsea Hotel’s last residents

The home of Suzanne Lipschutz, owner of antiques store Secondhand Rose. All Images by Colin Miller; courtesy of The Monacelli Press

December 2, 2019

Get a rare look inside the homes of the Chelsea Hotel’s last residents

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Despite ongoing legal conflicts and stalled plans to convert the storied structure into a luxury hotel, the Chelsea Hotel remains one of the city’s legendary landmarks. Hotel Chelsea: Living in the Last Bohemian Haven, a new book published last month by The Monacelli Press, documents the homes of nearly two dozen current residents (there are about 50-60 remaining residents in total) who still embody the bohemian spirit of the Gilded Era hotel that was once home to seminal figures like Jackson Pollock, Andy Warhol, Patti Smith, William S. Burroughs, and Thomas Wolfe.
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How to get around NYC this Thanksgiving weekend

Image by Peter McConnochie via Flickr

November 26, 2019

How to get around NYC this Thanksgiving weekend

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Thanksgiving weekend is one of the busiest travel times across the country and can be especially overwhelming in NYC. With the annual Macy's parade taking over Manhattan on Thursday (despite a windy forecast threatening the parade's iconic balloons) and Black Friday frenzy, your commute is sure to be affected whether you're planning on staying in the city or venturing out. Ahead, we've rounded up the service changes that will impact the city's subways, buses, train service, and more.
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MAP: The best spots to watch the Macy’s Thanksgiving Day Parade

Map via Google Maps/Macy’s

November 25, 2019

MAP: The best spots to watch the Macy’s Thanksgiving Day Parade

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It's almost time for the Macy's Thanksgiving Day Parade, and with 2.5 miles of public viewing areas along the route this year, anyone eager to claim a good spot should be able to with a little planning. This interactive map put together by the parade organizers outlines the stretches that have the best views as well as all the areas that will be restricted to the public. The map also notes where you can find essentials like restrooms, coffee, and food.
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Get a first look inside Renzo Piano’s first NYC residential tower at 565 Broome Street

Photo by Adrian Gaut/Edge Reps (L); Photo by Joshua McHugh (R)

November 25, 2019

Get a first look inside Renzo Piano’s first NYC residential tower at 565 Broome Street

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Known for his work on The New York Times Building, the Whitney Museum, and the Morgan Library expansion, Pritzker Prize-winning architect Renzo Piano has completed his first residential building in NYC at 565 Broome Street. The Soho tower has 115 residences, ranging from studios to four-bedroom condos. Uber’s Travis Kalanick and tennis star Novak Djokovic have already scooped up units in the building, where sales launched last September.
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New mixed-income development brings 435 affordable housing units to Soundview in the Bronx

Photo courtesy of L+M Development Partners

November 22, 2019

New mixed-income development brings 435 affordable housing units to Soundview in the Bronx

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Following a ribbon-cutting ceremony yesterday, L+M Development Partners and Nelson Management Group opened the doors to their new mixed-use affordable housing developments in Soundview, the Bronx. The two buildings at 1520 and 1530 Story Avenue will bring 435 units of affordable housing and a 15,000-square-foot facility for Easterseals New York that will offer early childhood education. Roughly half of the units were up for grabs through a lottery held earlier this year.
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Where to watch the Macy’s Thanksgiving Day Parade balloon inflation

Image by Phil Roeder via Flickr

November 22, 2019

Where to watch the Macy’s Thanksgiving Day Parade balloon inflation

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If you can’t get enough of the Macy’s Thanksgiving Day Parade, you can extend the festivities by attending the yearly Balloon Inflation event that takes place the day before Thanksgiving. On Wednesday, November 27 you’ll be able to see the balloons come to life as they get filled with helium outside the Museum of Natural History. It’s the perfect opportunity to get a first glimpse of the five new balloons debuting this year, including Love Flies Up to the Sky by artist Yayoi Kusama in partnership with Macy’s Blue Sky Gallery series.
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The MTA’s newest subway cars don’t have the best track record

Photo by rhythmicdiaspora on Flickr

November 21, 2019

The MTA’s newest subway cars don’t have the best track record

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This week marks two years since the R179 subway cars went into service, but records show the MTA's newest cars end up breaking down more frequently than those that have been running for decades, THE CITY reports. The cars—which run on the A, C, J, and Z lines and cost about $2 million each—failed an average of every 127,374 miles between March and October before improving slightly to a 156,962-mile breakdown rate last month. By contrast, the R62 cars that have been running along the 1 and 3 lines since 1984 run into problems every 265,324 miles.
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The most expensive site in the Bronx gets a name and new renderings

Renderings courtesy of ArX Solutions

November 21, 2019

The most expensive site in the Bronx gets a name and new renderings

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Last fall, Brookfield Properties bought two sites in Mott Haven for $165 million—the most expensive transaction on record for development in the Bronx—from Somerset Partners and Chetrit Group. On Thursday, the developers revealed a $950 million plan for a 4.3-acre mixed-use development that will bring more than 1,350 apartments to the South Bronx neighborhood, of which 30 percent will be affordable. Branded as Bankside, the project will also include a public waterfront park and promenade, as well as ground-floor retail and community facility spaces.
See it here

Image by Nick Normal via Flickr

November 20, 2019

Plan moves forward to convert 14 more cluster sites into housing for 200 homeless families

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In 2017, the de Blasio administration announced a five-year “Turning the Tide on Homelessness” plan to convert hundreds of cluster apartments, occupied by homeless families across the city, into permanently affordable units. Earlier this year, the City was able to complete the first phase of that plan by financing not-for-profit developers to acquire 17 buildings, rehabilitate them, and turn them into permanent affordable housing. Now the administration is moving forward with a second phase that will convert 14 more “cluster site” buildings. The first phase created housing for roughly 450 homeless families and the second phase is expected to aid another 200 families.
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