Real Estate Trends

November 23, 2022

NYC Council approves two projects that together bring 5,000 apartments to Brooklyn and Queens

The New York City Council on Tuesday voted to approve rezonings Innovation QNS in Astoria and Innovative Urban Village in East New York, two mixed-use districts that will create more than 5,000 units of housing, with 65 percent of them designated affordable. Over 34 percent, or 1,900 of the new housing units, will be deeply affordable for extremely or very low-income households.
Details here
November 22, 2022

Taylor Swift’s one-time West Village rental is back on the market for $45K/month

Here's an opportunity to rent the West Village townhouse once home to Taylor Swift. Located at 23 Cornelia Street, the home was the subject of "Cornelia Street," a song on the pop star's seventh studio album Lover that references the iconic carriage house she rented in 2016. Currently listed for $45,000/month, the 21-foot-wide property has four bedrooms, an indoor pool, and a garage.
Take a look inside
November 18, 2022

Two major projects that would bring 3,200+ affordable homes to Brooklyn and Queens get key approval

Two major housing developments proposed for Brooklyn and Queens are moving forward. The New York City Council Committee on Zoning and Franchises on Thursday voted to approve rezonings Innovation QNS and Innovative Urban Village, which together would create more than 5,000 units of housing, 3,200 of which would be affordable. The two developments also include over 1,600 apartments for extremely or very low-income households.
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November 16, 2022

NYC’s first professional soccer stadium will open in Queens

New York City's first professional soccer stadium will be built in Queens, officials announced Wednesday. The major mixed-use development is proposed for Willets Point, across the street from Citi Field. In addition to a 25,000-seat stadium for the New York City Football Club, the 23-acre project also includes a hotel, thousands of affordable housing units, and a new public school. As first reported by the New York Times, the stadium is expected to be completed by 2027.
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November 14, 2022

Newly unveiled interiors mark completion of slender supertall 111 West 57th Street

The second-tallest residential tower in the Western Hemisphere is officially complete. Last week, JDS Development Group and Property Markets Group unveiled the interiors of 111 West 57th Street, a 1,428-foot-tall building on Billionaires' Row designed by SHoP Architects. New photos show off the tower's interior architecture, including the residences and amenity spaces, all designed by William Sofield's Studio Sofield.
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November 11, 2022

Quirky converted warehouse loft in East Williamsburg hits rental market for record $35K/month

A quirky converted warehouse loft in East Williamsburg has hit the rental market for $35,000/month, a new record for the neighborhood. Since 2018, the property has been home to Casa Powers, a bohemian-chic community event venue created by brother and sister duo Sydney and Cole Blumstein, who are real estate agents with Corcoran. Located at 139 Powers Street, the home--which measures over 4,200 square feet, boasts 15-foot ceilings, and has several skylights--comes rented with all its funky furnishings.
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November 3, 2022

Trevor Noah lists Hell’s Kitchen penthouse with terrace and plunge pool for $13M

"The Daily Show" host Trevor Noah has just put his Hell's Kitchen penthouse on the market for $12,950,000, the Wall Street Journal reports. In 2017, 6sqft covered the TV star's purchase of the west side penthouse atop the dazzling Art Deco Stella Tower at 425 West 50th Street for $10 million. In addition to iconic Manhattan views, the three-bedroom duplex condo offers a 1,000-square-foot terrace with a heated plunge pool (speakers included). The comedian put his apartment on the market just a few weeks after announcing his departure from the Comedy Central show after seven years.
Check out the deck, take the plunge
October 28, 2022

The fab furniture is included in this $11.5M gallery-like Chelsea loft; the art is up to you

Listed for $11,500,000, this pristine 4,000-square-foot full-floor loft in a prewar condominium at 521 West 23rd Street is a joyous eyeful for lovers of iconic, sleek, contemporary design. Along the High Line and the in heart of West Chelsea's arts district, the home's Gabellini Sheppard-designed interiors have been featured in design magazines. When starting with a white box loft, the owner's vision was to create a perfect showcase for the finest in modern furniture and art. In this case, the furniture–much of it created by well-known designers–is included in the sale.
Tour this loft-lover's dream
October 26, 2022

This $5.5M Soho corner loft has color and character, plus two bedrooms and a mezzanine

This dramatic corner loft condo at 39 Crosby Street in north Soho is colorful and creative in both the use of space and design, yet it retains classic details like 13-foot tin ceilings and iconic Soho views. Comprised of a main floor and a loft mezzanine, the 2,500-square-foot space, asking $5.5 million, boasts two bedrooms, a home office, and two-and-a-half baths.
Explore the loft
October 21, 2022

$50M restoration of Jacob Riis Art Deco bathhouse adds restaurants, pool, and hotel rooms

The 90-year-old Art Deco bathhouse at Jacob Riis Park will be restored to its former glory as a beachfront hub under a $50 million rehabilitation project unveiled Thursday. CBSK Developers and the architect firm Beyer Blinder Belle will transform the iconic, but underutilized, 1932 building into a multi-purpose public space with restaurants, a bar, a pool, event spaces, and a 28-room boutique hotel.
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October 20, 2022

For $3M, a two-bedroom Cobble Hill condo with a private roof deck and room to expand

This move-in-ready Cobble Hill condominium at 173 Amity Street, asking $2,995,000, offers the rare perks of private outdoor space, skyline views, and flexibility (if you're willing to do a bit of work). On the top floor of a historic limestone townhouse on a picturesque Brooklyn block, this 1,510-square-foot light-filled home offers three exposures, a 500-square-foot roof terrace, and central AC. Currently configured with two bedrooms and two bathrooms plus a home office and dining room, the unit could easily gain a third bedroom if needed.
Take the tour
October 19, 2022

This $27M Fifth Avenue condo spans the entire 6th floor, with staff rooms and a separate studio

Located on the most coveted stretch of the Upper East Side, just across from the Central Park Zoo, this sprawling 10-room pad at 838 Fifth Avenue offers the kind of Manhattan luxury that $27 million can buy. The mansion-sized condominium spans 5,427 square feet including a 45-foot corner expanse, with Central Park and skyline views in every direction. The home's opulent interiors are more Versailles than Vogue, heavy on the upholstery and French Provincial style beneath coffered ceilings and ornate moldings. But we're guessing the next buyer of this eight-figure refuge will be able to afford the renovation of their dreams–and Manhattan skyline views never go out of style.
Opulence on the Avenue, this way
October 5, 2022

For $6.5M, this townhouse-sized Apthorp condo offers old-world elegance accented by paintbox hues

Known for some of the most impressive (and expensive) apartments in New York City, the historic Apthorp condominium building at 390 West End Avenue in the heart of the Upper West Side was built for William Waldorf Astor in 1908. Located just minutes from Central Park, the unique building surrounds an interior courtyard. Asking $6,499,999, this five-bedroom residence is one of the building's largest; distinguished by decorator-enhanced interiors accented with subtle painterly hues, the 4,200-square-foot home possesses the size and grandeur of a townhouse with condo convenience and amenities.
Feast your eyes on this regal residence
September 29, 2022

For $930K, this compact Greenpoint condo gets a lift from 14-foot ceilings, a loft, and a private terrace

Just a few blocks from the Greenpoint waterfront–one of New York City's fastest-growing residential development areas–this two-level, one-bedroom condo at 182 Huron Street, asking $930,000, sits at a crossroads of old and new. South-facing light floods the home from wall-height windows, and 14-foot ceilings give the space a loft vibe. A sunny balcony overlooks the courtyards below.
Have a look around, and up and down
September 27, 2022

For $5.5M, an architect-designed modern condo with colorful accents in Tribeca

This crisp, contemporary condo at 7 Harrison Street may not immediately call to mind the building's beginnings as a cold-storage warehouse, but AD100 architect Steven Harris has transformed this three-bedroom home, now asking $5,500,000, into a residence as striking as many of its neighbors on the classic Tribeca loft block. The architect kept the space elegantly functional as well as colorful by adding considered features like invisible light switches, integrated Sonos speakers, multi-zone central air, and electronic Lutron window shades.
Take the Tribeca condo tour
September 26, 2022

Brooklyn Nets’ Ben Simmons in contract for $13M pad at Olympia Dumbo

Brooklyn Nets point guard Ben Simmons is moving closer to the Barclays Center. The basketball star has entered contract for a combined two-unit apartment at Olympia Dumbo, a new 33-story residential development next to the Brooklyn Bridge. The apartment was listed for $13 million, as the New York Post reported, but the purchase price won't be known until Simmons closes. While the Australian-born NBA star did not play in a single Nets game last season due to an injury, his new home in Dumbo is less than 15 minutes away from the team's home court.
Learn more here
September 22, 2022

Proposed $2B mixed-use district with 2,800 new apartments in Astoria moves forward

A plan to build a large-scale development with 2,800 apartments in Astoria is moving forward. The City Planning Commission on Wednesday voted in favor of Innovation QNS, a $2 billion mixed-use district proposed for five blocks in the Queens neighborhood, spanning 37th Street to Northern Boulevard, between 35th and 36th Avenues. The project will then head to the City Council for a final vote where it may face resistance from the local representative, Council Member Julie Won, who said she wants at least 50 percent of the apartments to be affordable.
Details here
September 22, 2022

Bask, bathe, and BBQ in the backyard of this $5.5M Carroll Gardens duplex condo, parking included

Who needs the suburbs when you can park two cars in the garage and invite the whole gang over for a backyard bash with an outdoor kitchen, hot tub, and shower, plus dining and napping space? When the weather cools, there are two levels of indoor space with three bedrooms and a family-friendly layout. Though it feels like two floors of a townhouse, this Carroll Gardens home at 291 Union Street, asking $5,495,000, has condo amenities, too.
Outdoor living in the city, this way
September 21, 2022

Classic Soho loft living awaits in this $12.5M full-floor condo

Sprawling downtown Manhattan lofts, industrial bones intact, aren't that easy to find these days. Asking $12,500,000–a decidedly 21st century price–this classic loft condo at 50 Wooster Street is on the market for the first time in 24 years. Filled with 19th-century charm, the full-floor apartment has the kind of living space–4,600 square feet of it–and the 13-foot ceilings, massive arched windows, and exposed brick that loft lovers crave. In addition, there's a private terrace and four bedrooms, in a cast-iron 1883 building.
Loft envy, this way
September 14, 2022

Two-tower Greenpoint waterfront condo The Huron reveals pricing and new details

If you're interested in buying an apartment at The Huron at 29 Huron Street in Greenpoint, you can now have a better idea of how much you'll need in the piggy bank before listings emerge later this year. The project's website launched on Wednesday, and in addition to pricing, you can catch up on news and check out renderings of the new luxury residential condominium project designed by the internationally-renowned Morris Adjmi Architects.
Prices and more renderings of The Huron, this way
September 13, 2022

Step onto the terrace from nearly every room in this elegant $5M Brooklyn Heights penthouse

Filled with eye-pleasing details and surrounded by an abundance of outdoor space for dining, dancing, or enjoying the view, we'd find it hard to leave this three-bedroom Brooklyn Heights penthouse. Asking $4,995,000, the 2,000-square-foot full-floor condo residence at 72 Poplar Street is a study in considered interior design, wrapped by 2,458 square feet of terrace and stunning views of lower Manhattan through walls of oversized windows.
Penthouse tour, this way
September 9, 2022

First look: This $5M Essex Crossing penthouse has a huge terrace overlooking the Lower East Side

At the top of a newly-minted CetraRuddy-designed building in a classic downtown Manhattan neighborhood, 6sqft can now share an exclusive first look at a newly-available penthouse atop One Essex Crossing at 202 Broome Street. If you love marble, luxury finishes, outdoor entertaining, and above-it-all views, you'll want to check out this sleek aerie overlooking the Lower East Side. Priced at $4,985,000, it's the headline-stealing 14-story building's last two-bedroom penthouse, with 1,693 square feet of interior space and over 700 square feet of private terrace.
Take the tour
September 8, 2022

Baz Luhrmann’s Gramercy townhouse hits the rental market for $75K/month

Famed director Baz Luhrmann's Gramercy Park townhouse could be yours to rent for $75,000/month. Located at 243 East 17th Street, the six-bedroom home spans five stories and overlooks Stuyvesant Square Park. The extravagant townhouse is also available for purchase. Luhrmann and his wife Catherine Martin first listed the home for $19,995,000 in March but later dropped the price to $18,999,500, as first spotted by the New York Post.
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September 7, 2022

Boutique Noho condo relaunches sales with stylish $8M duplex

Six years and one unit sold later, boutique Noho condo 22 Bond Street relaunched sales last month, with a sleek three-bedroom duplex now on the market. Designed by BKSK Architects, the six-unit luxury building first launched sales in 2016 but residences, all of which are three-bedroom duplexes with private outdoor space, have struggled to sell. Asking $8,000,000, the available apartment measures over 2,900 square feet and has a balcony that overlooks the building's lush multi-level garden.
Take the tour
August 29, 2022

Tribeca’s historic skybridge building finally sells for $24M

After nearly a decade on the market, a Tribeca home that has its own skybridge has sold for $24,000,000 in an off-market sale. The unusual listing included a townhouse at 9 Jay Street and a separate loft condo at 67 Hudson Street, connected by the famed footbridge suspended over Staple Street. The deal sets a new record for the highest per square foot sale for a townhouse in the neighborhood.
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