All articles by Devin Gannon

Despite a 30 percent drop in sales prices, Tribeca remains NYC’s most expensive neighborhood

Photo via CityRealty

April 16, 2018

Despite a 30 percent drop in sales prices, Tribeca remains NYC’s most expensive neighborhood

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Despite suffering from a 30 percent drop year-over-year in median sale prices, Tribeca still managed to rank first as New York City's most expensive neighborhood, followed closely by Soho. Property Shark released this week its list of the 50 priciest areas in the city in Q1 2018 and unsurprisingly, nine out of the top ten are located in Manhattan. Notably, the West Village witnessed an 88 percent year-over-year increase with a median sale price hovering $2.1 million. And the Flatiron District, which ranked as the most expensive neighborhood in the third quarter of 2017, fell to sixth place, with a median sale price of $1.85 million.
See the list
100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

Rendering via ODA Architects

April 16, 2018

100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

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A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children's playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.
Find out if you qualify
April 13, 2018

Lottery launches for nine middle-income apartments near Marine Park, from $1,700/month

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A lottery launched this week for nine middle-income apartments in the Midwood neighborhood of Brooklyn. Located at 2802 Kings Highway, the building sits at a nexus of Madison and Marine Park, which is home to Brooklyn's largest public park. Nearby transit options include the B and Q trains, as well as a slew of Brooklyn-bound buses. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one-bedrooms for $1,700/month or two-bedrooms for $2,200/month.
Find out if you qualify
MTA will use ‘magnetic wands’ to clean pounds of steel dust from NYC subway tracks

Gov. Andrew Cuomo oversees an MTA worker testing a magnetic wand at the 9th Ave subway station in Sunset Park; photo via the governor’s Flickr

April 13, 2018

MTA will use ‘magnetic wands’ to clean pounds of steel dust from NYC subway tracks

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The Metropolitan Transporation Authority will deploy 700 additional "magnetic wands" to clean hundreds of pounds of steel dust from insulated joints on tracks, which accumulates when the brakes are applied. When dust builds up on joints, it can trip the circuit on the joint and cause red signals, sending a ripple of delays throughout the system. Gov. Andrew Cuomo on Thursday tested out the wands at a Sunset Park subway station and announced a plan to buy additional wands to clean all 11,000 insulated joints deemed a priority, using funds from the recently funded-in-full emergency subway action plan.
Find out more
For $3.2M, costume jewelry connoisseur Kenneth Jay Lane’s former Stanford White-designed duplex

Photo via Sotheby’s

April 12, 2018

For $3.2M, costume jewelry connoisseur Kenneth Jay Lane’s former Stanford White-designed duplex

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The two-bedroom duplex owned by late designer Kenneth Jay Lane, best remembered for creating sought-after costume jewelry, hit the market for $3.2 million. The apartment, located at 23 Park Avenue in the James H. and Cornelia V. Robb House, was designed by legendary architect Stanford White. Constructed in 1891, the mansion boasts a beautiful Italian Renaissance Palazzo style. The co-op, where Lane passed away in 2007 at age 85, sits on the second and third floors of the landmarked building, as the New York Post reported.
See inside
Interactive map tracks New York City’s 270 miles of sidewalk sheds in real time
April 12, 2018

Interactive map tracks New York City’s 270 miles of sidewalk sheds in real time

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As of this week, New York City is home to 7,342 sidewalk sheds, totaling nearly 270 miles of sprawling eye-sores. Although this may sound like a lot, the number of sidewalk sheds has actually decreased from last year, when the Department of Buildings found over 7,700 sidewalk sheds throughout the city. The DOB on Wednesday released a new map highlighting the exact location of permitted sidewalk sheds. The map, which will update automatically in real-time, has a new feature that allows users to search sidewalk sheds by age, borough, community board and permit applicant.
Explore the map
Amtrak will reroute some trains from Penn Station to Grand Central this summer

Grand Central Terminal; image via Wikimedia

April 11, 2018

Amtrak will reroute some trains from Penn Station to Grand Central this summer

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Last year, when Amtrak first announced eight weeks of infrastructure repairs at Penn Station, all hell broke loose. Gov. Andrew Cuomo predicted the planned work would cause a "summer of hell" for commuters and even asked President Donald Trump for emergency federal funds. But, to the surprise of many, the disruption proved to be mild and the repairs even finished ahead of schedule. Promising another painless process, Amtrak announced on Tuesday plans for track work at Penn Station again this summer. From May 26 to Sept. 4, trains that run along the Hudson River will be routed from Penn Station to Grand Central. Schedules for Long Island Rail Road and Metro-North trains will remain unaffected.
More details here
See dizzying new renderings of 30 Hudson Yards’ outdoor observation deck, the highest in NYC
April 11, 2018

See dizzying new renderings of 30 Hudson Yards’ outdoor observation deck, the highest in NYC

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Renderings via Related Companies and Oxford Properties Group Construction commenced this week on the super-high outdoor observation deck at 30 Hudson Yards, developers Related Companies and Oxford Properties Group announced Tuesday. Soon to be the highest in the Western Hemisphere, the outdoor deck will sit 1,100 feet in the sky and be found on the 100th floor of 30 Hudson Yards. The deck, made up of 15 primary sections of steel and glass, will extend 65 feet away from the building. And a pair of new renderings released on the developer's Instagram show just how dizzying this aerial adventure will be.
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First look at 3 World Trade Center’s huge outdoor terrace
April 10, 2018

First look at 3 World Trade Center’s huge outdoor terrace

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Rendering via Silverstein Properties New renderings have been unveiled for an 11,000-square-foot outdoor terrace at 3 World Trade Center, expected to open when the skyscraper does so in June. Designed by Ken Smith Workshop, the space will be fully landscaped and feature a lush garden. As the first outdoor terrace on the World Trade Center campus, 3 WTC tenants will enjoy unbeatable views of 1 WTC and the WTC Transportation Hub. Another perk? A special operator will serve coffee to tenants in a furnished, canopied area on the terrace.
Find out more
6sqft won an award! Help us celebrate at the Historic District Council’s grassroots preservation awards

Photo via Wally Gobetz on Flickr

April 10, 2018

6sqft won an award! Help us celebrate at the Historic District Council’s grassroots preservation awards

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The Historic Districts Council this month will present six organizations and individuals with "Grassroots Preservation Awards" during its annual event. And 6sqft is one of the lucky winners! Help celebrate us, as well as the rest of the awardees, who will be honored for their work preserving New York City's historic neighborhoods. The event takes place on Tuesday, April 24 at the Saint Mark's Church-In-The-Bowery, located at 131 East 10th Street.
Details here
With Pfizer as an anchor tenant, construction on Bjarke Ingels’ Spiral tower will begin in June
April 10, 2018

With Pfizer as an anchor tenant, construction on Bjarke Ingels’ Spiral tower will begin in June

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Rendering via Tishman Speyer With an anchor tenant and necessary financing secured, Tishman Speyer announced on Tuesday plans to officially begin construction this June on Bjarke Ingels' 65-story office tower planned for Hudson Yards, the Spiral. The developer has reached a deal with Pfizer, a biopharmaceutical company, for an 800,000 square-foot lease at the Spiral, and has secured funding for the $3.7 billion project. The Spiral will reach 1,031 feet high and boast a facade of cascading landscaped terraces and hanging gardens. The tower will spread an entire block, stretching from West 34th to West 35th Streets and 10th Avenue to the Hudson Park and Boulevard.
More this way
Construction kicks off for Handel Architects’ mixed-use tower at Essex Crossing

Rendering via Moso Studio

April 10, 2018

Construction kicks off for Handel Architects’ mixed-use tower at Essex Crossing

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Construction of Handel Architects' mixed-use tower planned for the Lower East Side's Essex Crossing development has officially begun. Located at 180 Broome Street, the tower sits at the Manhattan entrance to the Williamsburg Bridge, the structure which influenced the oversized concrete frames in the building's design. The tower includes 263 apartments, retail at street level, office space on levels two through five and a section of the massive marketplace below ground, the Market Line. According to CityRealty, the start of construction at 180 Broome makes it the sixth site to begin building in the nine-site complex.
Take a peek
REVEALED: Jeanne Gang’s 51-story condo next to Downtown Brooklyn Macy’s

Rendering via Tishman Speyer

April 9, 2018

REVEALED: Jeanne Gang’s 51-story condo next to Downtown Brooklyn Macy’s

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Tishman Speyer released on Monday the first renderings for its new luxury residential tower in Downtown Brooklyn, 11 Hoyt. Designed collaboratively between Hill West Architects and Jeanne Gang's architecture firm, Studio Gang, the 51-story, 480-unit condominium project will offer a variety of apartment layouts, with more than 190 different floor plans. The tower's rippling exterior seems to borrow elements used in two of Gang's Chicago projects, the Aqua Tower and the Vista Tower, which is currently under construction. The project will rise next to the Macy's on Fulton Street, which is currently undergoing renovations by Tishman Speyer, who are also planning a 10-story office tower on top of the store. Sales will launch at the tower this summer, but interested buyers can now check out the building's newly launched teaser site.
See them here
Trump once lobbied against legislation that required sprinklers in NYC high-rises

Via Krystal T’s Flickr

April 9, 2018

Trump once lobbied against legislation that required sprinklers in NYC high-rises

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Following back-to-back fatal fires in 1998 at two New York City buildings that lacked working sprinklers, public officials advocated for new regulations requiring sprinklers in all buildings. Mayor Rudy Giuliani's administration that year pushed for legislation to address the lack of sprinklers in high-rise towers. But real estate developers, including President Donald Trump, fought against the proposals, citing the high expense of retrofitting existing buildings with them, as the Washington Post reported. After fierce lobbying from developers, including Trump who personally called a dozen council members, the city enacted a law in 1999 that would require sprinklers in new construction but not existing buildings, exempting the president's Trump Tower. On Saturday, a fire ripped through a 50th-floor apartment at Trump Tower, killing a 67-year-old art dealer. Sprinklers were never installed at the Fifth Avenue property.
Find out more
Vornado says it reached a deal with Kushner Cos. to sell 666 Fifth Avenue stake

Google Street View of 666 Fifth Avenue

April 9, 2018

Vornado says it reached a deal with Kushner Cos. to sell 666 Fifth Avenue stake

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Update 4/9/18: Vornado announced on Friday that it reached a "handshake" deal to sell its stake at 666 Fifth Avenue back to the Kushner Cos, according to the New York Times. It remains unclear if the Kushners have found a new partner. Steven Roth, chairman of Vornado, in the filing, said the payment would cover the company's investment: "The existing loan will be repaid including payment to us of the portion of the debt we hold." Kushner Cos. said this week it is in talks to buy the remaining 49.5 percent stake in 666 Fifth Avenue from Vornado Realty Trust, furthering the drama at the 41-story Midtown Manhattan office building, according to the Wall Street Journal. The tower has remained one of Kushner Cos. most financially troubled projects. In addition to its debt and high rates of vacancy, the building has been mired in controversy, mostly due to Jared Kushner's role as a senior adviser and son-in-law to President Donald Trump. While Jared divested in the property to avoid conflicts of interest, investors have been reluctant from entering a deal with Kushner Cos.
Find out more
Travel uptown on a WWI-era subway to mark the 100th anniversary of Woodlawn station

Via NY Transit Museum

April 6, 2018

Travel uptown on a WWI-era subway to mark the 100th anniversary of Woodlawn station

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Before the Woodlawn station opened a century ago, the surrounding area of Norwood in the Bronx was mostly rural with lots of farmland. While residential development began with the opening of the Woodlawn Cemetery, the neighborhood's transformation really took off when the subway was extended to reach this part of the city. To celebrate the 100th anniversary of the first train pulling into the northern terminal of the IRT Jerome Avenue Line, the New York Transit Museum is giving guests the chance to travel on World War I-era cars to relive this important part of subway history.
Find out more
An eco-conscious pavilion made of scaffolding and moss could bloom in Times Square

Rendering via Sam Biroscak/ Design Pavilion 2018

April 6, 2018

An eco-conscious pavilion made of scaffolding and moss could bloom in Times Square

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New York City has 280 miles of scaffolding, totaling more than 7,700 sidewalk sheds in front of 7,752 buildings. Described as pervasive eyesores and sunlight-blockers, scaffolding has an unflattering reputation in the city. Artist Sam Biroscak is looking to change the public perception of these sidewalk sheds, by highlighting it as an "under-appreciated" urban element in his conceptual design. Dubbed Mossgrove, Biroscak's project would create an architectural pavilion in Times Square made of two materials seen as nuisances: moss and scaffolding. The proposal calls for the installation be built during NYCxDESIGN, a nine-day event featuring interactive installations and talks. The theme of this year's Design Pavilion will be "From This Day Forward" (h/t Untapped Cities).
See the design
Snag an affordable one-bedroom in Greenpoint for $1,020/month
April 5, 2018

Snag an affordable one-bedroom in Greenpoint for $1,020/month

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Photo via CityRealty A newly constructed, 14-unit rental in Greenpoint has launched a lottery for three affordable one-bedroom apartments. The ground-up building is located at 977 Manhattan Avenue, between India and Huron Streets, and is an investment property, with the entire building listed for $14.25 million. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $1,020/month one-bedroom apartments.
Find out if you qualify
Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

Rendering via Aufgang Architects

April 5, 2018

Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

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A newly constructed Clinton Hill building is now accepting applications for 35 middle-income units. Located at 325 Lafayette Avenue, the building sits around the corner from the Pratt Institute, Classon Playground and a plethora of restaurants and bars. The eight-story rental, designed by Aufgang Architects, features a brick facade with metal panels. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $2,030/month studio to a $2,581/month two-bedroom.
Find out if you qualify
Future of de Blasio’s $2.5B BQX streetcar at risk

Photo courtesy of Friends of the BQX

April 4, 2018

Future of de Blasio’s $2.5B BQX streetcar at risk

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With the unveiling of its inaugural prototype last fall, things were looking up for the Brooklyn Queens Connector (BQX) streetcar, a proposed light-rail trolley that would run 16-miles along the East River between the two boroughs. The Friends of the BQX even held an event to show off the ultra-sleek, 46-foot long prototype car. However, studies into the project's construction feasibility, as well as its ability to pay for itself, are still underway, according to the Daily News. At an event at NYU, Deputy Mayor Alicia Glen said the administration is still determining the project's ability to be self-funding.
More this way
$165M sale of South Bronx waterfront site is the borough’s priciest development deal ever

An original rendering of 2401 Third Avenue via Hill West Architects

April 4, 2018

$165M sale of South Bronx waterfront site is the borough’s priciest development deal ever

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Somerset Partners and Chetrit Group have sold their massive South Bronx waterfront site to Brookfield Properties for $165 million, the priciest transaction for a development in the Bronx on record. As the New York Post reported, the project includes two sites on either side of the Third Avenue Bridge. At 2401 Third Avenue, original plans called for a 25-story standalone tower and a 25-story and 16-story building rising from an eight-story base. Developers also planned to bring three 24-story buildings and a 22-story building on top of a six - and seven-story base at the second site at 101 Lincoln Avenue.
Find out more
MTA sued over L train shutdown plan to transform 14th Street into an all-bus corridor

Photo via Dan Phiffer’s Flickr

April 4, 2018

MTA sued over L train shutdown plan to transform 14th Street into an all-bus corridor

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The Metropolitan Transportation Authority released late last year its mitigation plan for the 15-month shutdown of the L train, set to begin in April of next year, calling for an all-bus, no-car corridor on 14th Street between Third and Ninth Avenues. The city says the MTA will have to run 70 buses every hour across the Williamsburg Bridge in order to accommodate the projected 84,000 daily bus riders. According to the New York Times, this would make 14th Street the busiest bus route in the country. In response, a coalition of Lower Manhattan neighborhood groups on Tuesday filed a federal lawsuit against the MTA and the city's Department of Transportation in attempt to stop repairs of the L train, claiming the agencies failed to conduct an environmental review before releasing its plan.
More here
A ‘small format’ Target will open on the Upper East Side next year

Rendering via Target

April 3, 2018

A ‘small format’ Target will open on the Upper East Side next year

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Retail giant Target announced on Tuesday that it will bring three new Target stores to New York City, further expanding its footprint in the Big Apple. The new stores, planned for the Upper East Side, Astoria and Staten Island, will be "small format," tailored to the needs of shoppers in urban areas (h/t NBC). In a statement, Mark Schindele, a senior vice president of Target's properties, said: "All three of these new stores will offer the best of Target in that borough, yet curate the assortment to meet the needs and preferences of the nearby community."
More details here
Bjarke Ingels’ Nomad office tower reveals itself and nearly doubles in height

Rendering via BIG Architects

April 3, 2018

Bjarke Ingels’ Nomad office tower reveals itself and nearly doubles in height

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Despite switching architects from Moshe Safdie to Bjarke Ingels of BIG Architects in September, HFZ Capital Group is still on track with its office tower planned for 3 West 29th Street. New renderings obtained by YIMBY reveal a much taller building than filed in September, which called for 33 or 34 stories. The designs are showing a roughly 60-story tower, officially dubbed "29th and 5th," planned for the Nomad neighborhood, with a footprint of potentially 600,000 square feet.
Take a look
Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

Photo of Queensbridge Houses via Wikimedia

April 3, 2018

Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

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Citing hazardous conditions like lead paint and mold, Gov. Andrew Cuomo on Monday declared a state of emergency for the New York City Housing Authority (NYCHA). He also ordered an independent monitor be appointed within 60 days to expedite repairs and upgrades. An investigation by the state's Health Department revealed this week that in the last month alone, at least one severe condition that poses a health risk has been found inside 83 percent of 255 apartments checked, including peeling paint, mold, evidence of rodent and insect infestation and missing smoke and carbon monoxide detectors. The monitor will also oversee how NYCHA spends the $250 million the state allocated in its budget signed this weekend, according to the New York Times.
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