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Lord & Taylor’s iconic Fifth Avenue building will become WeWork’s global headquarters

Photo courtesy of Lord & Taylor

October 24, 2017

Lord & Taylor’s iconic Fifth Avenue building will become WeWork’s global headquarters

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With rising rents and a national shift towards e-commerce, retail vacancies in NYC have continued to rise, especially in affluent areas like the Fifth Avenue corridor. Old-school department stores, which once served as cultural destinations where shoppers would spend entire afternoons, have been hit especially hard since they occupy such large sites. One of Midtown's most iconic, the 103-year-old Lord & Taylor flagship at Fifth Avenue and 39th Street, has decided to stay afloat by selling its 676,000-square-foot Italian Renaissance building to WeWork for $850 million. The co-working company will relocate its global headquarters to the landmark, reports the Times, leaving less than a quarter of the space, roughly 150,000 square feet, to Lord & Taylor.
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Prospect Park will go permanently car-free starting January 2, 2018!

Image Prospect Park Alliance

October 23, 2017

Prospect Park will go permanently car-free starting January 2, 2018!

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For walkers, joggers, and cyclists, Prospect Park will soon be a completely car-free refuge. Mayor Bill de Blasio announced on Monday that the park will permanently become car-free, beginning January 2, 2018. Currently, Prospect Park’s East Drive is still open to cars during morning rush hour. Prospect Park previously went car-free this past summer. From […]

Ranking the top 50 ‘rattiest’ cities in the U.S.

Image via Wiki Commons

October 18, 2017

Ranking the top 50 ‘rattiest’ cities in the U.S.

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Image via Wiki Commons Autumn is many people’s favorite season, but fall isn’t just all about picturesque pumpkin patches, apple cider, and cozy sweaters—it’s also a time for rat infestations. With the change in temperature comes an increase in vermin invasions, according to Orkin. The pest control company recently released a report detailing in which cities […]

To boost local businesses, ‘Westoria’ might become the newest neighborhood in Queens

Photo via Wikimedia

October 2, 2017

To boost local businesses, ‘Westoria’ might become the newest neighborhood in Queens

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While most of New York City’s neighborhoods get their nicknames from real estate agents attempting to make an area more marketable (ie: Nolita and DoBro), an area in Queens may soon get a new moniker to boost its local economy instead. As DNAinfo reported, Natassa Contini, the owner of the cafe and pet supply shop Chateau Le Woof, has started using “Westoria” to refer to the area west of 21st Street between Astoria Park and Broadway. Currently, the northern Queens nabe is better known as “Old Astoria” or “Old Astoria Village.”
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FREE RENT: This week’s roundup of NYC rental news

Images (L to R): 325 Kent, Instrata Gramercy, 63 Wall Street and Watermark LIC

August 23, 2017

FREE RENT: This week’s roundup of NYC rental news

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Instrata Gramercy: No Fee Rentals with Commanding Manhattan Views Offering Free Month’s Rent [link] Court Square’s Watermark LIC Now Ready for Habitation; Studios from $2,307/Mo. [link] New Listings at 63 Wall Street Offer 1 Month Free Rent [link] Up to Two Months Free + $1000 Security Deposits at The Olivia on West 33rd Street [link] […]

East Harlem statue of unethical M.D. should be the next ‘hero’ to fall, says community board

Statue of Dr. J. Marion Sims in Central Park. Image: Wikimedia Commons.

August 21, 2017

East Harlem statue of unethical M.D. should be the next ‘hero’ to fall, says community board

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As protest and debate sweep the nation over the toppling of statues, centered around well-known Confederate names like Robert E. Lee and Stonewall Jackson, here in New York City a lesser-known monument to medicine is in the spotlight for its offensive nature. The New York Times reports that Manhattan Community Board 11 is calling upon the city to remove an East Harlem statue of a white, southern doctor, Dr. James Marion Sims. Regarded as the father of modern gynecology, Sims achieved his success by performing experiments on slaves without consent and without anesthesia.
Definitely no hero here
The Manhattan Skyscraper Explorer is your building-by-building skyline map
August 16, 2017

The Manhattan Skyscraper Explorer is your building-by-building skyline map

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Tall buildings—from supertalls to garden-variety skyscrapers—seem to grow like weeds in New York City: A recent boom in tall Midtown residential towers has ushered in a new focus on life in the clouds. And we're always comparing ourselves to other vertical cities. We also know there have been growth cycles and slower periods when it comes to the city's skyscrapers. Now we can survey the landscape of Manhattan's tallest buildings all at once thanks to the mapping wizards at Esri (via Maps Mania). The Manhattan Skyscraper Explorer reveals each of the city's tall towers, showing its height, when it was built, what it's used for and more.
Explore New York's tallest
Chinese immigrants use slang names and maps to navigate the streets of NYC

Chinatown, image © Chaz Langley

August 14, 2017

Chinese immigrants use slang names and maps to navigate the streets of NYC

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Many New Yorkers navigate Chinatown by its famous street names; East Broadway, Mulberry, Canal and Orchard. However, for many Chinese immigrants living in the area who do not speak English, these names are not used. Instead, descriptive nicknames (translated from Chinese) exist like “Hatseller Street,” “Garbage Street,” and “Dead Person Street.” Even more interesting, to help Chinese New Yorkers navigate the city, maps with these streets labeled in their Chinese nicknames are made and distributed. A reporter from This American Life, Aaron Reiss, began collecting these maps and discovered the lesser-known nicknames for a lot of these city streets, many which have four or five different labels.
More this way
Aby Rosen signs fashion company Totokaelo as first retail tenant at 190 Bowery

Image: Before the 2005 sale

July 25, 2017

Aby Rosen signs fashion company Totokaelo as first retail tenant at 190 Bowery

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It's been two-and-a-half years since developer Aby Rosen of RFR Realty scooped up the former Germania Bank Building for $55 million. He bought it from photographer Jay Maisel, who in 1966 turned the then-abandoned landmark into his own private 72-room mansion. After removing the Nolita building's iconic graffiti last summer, Rosen is now all systems go for his conversion to an office building with ground-floor retail. As the Post reports, Seattle-based fashion retailer Totokaelo (who counts among its designer offerings Acne Studios, Comme des Garçons, Jil Sander and Proenza Schouler) signed a lease for 8,918 square feet at street level. However, the deal only covers early fall through March 2018 for a large-scale pop-up store.
All the details ahead
June’s most popular 6sqft stories
July 1, 2017

June’s most popular 6sqft stories

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1920s Hudson Heights cliffside ‘Pumpkin House’ chops price to $4.25M Buy this entire 62-acre ghost town in Connecticut for just $1.9M Map: Where to watch the Macy’s fireworks this July 4th FIRST LOOK: See inside Penn Station’s brand new West End Concourse PHOTOS: First steel column installed at 1401-foot One Vanderbilt, NYC’s second-tallest skyscraper David […]

Full-floor Chelsea co-op combines elegant history, modern luxury–and a private balcony
June 22, 2017

Full-floor Chelsea co-op combines elegant history, modern luxury–and a private balcony

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This two-bedroom co-op occupies a full floor in West Chelsea's Fitzroy Townhouses at 440 West 23rd Street, a grand row of converted 19th century Italianate homes–once owned by Clement Clark Moore–in the neighborhood's historic district. A loft-like open layout frames a balance of 21st century comfort and historic details like high ceilings, hardwood floors and a natural stone mantel above one of the apartment's of two fireplaces. A south-facing private terrace adds the luxury of outdoor space to this urban refuge.
Take the tour
Macy’s may add public park to rooftop of Herald Square flagship
June 7, 2017

Macy’s may add public park to rooftop of Herald Square flagship

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As part of a strategy to shore up its flagging retail business, Macy's is considering providing New York City with more public park space right on the rooftop of its Herald Square flagship store, the New York Post reports. Doug Sesler, EVP of Real Estate for the chain, said in an investor presentation Tuesday that the store was "Exploring ways to activate upper levels (e.g.rooftop) and overall property while retaining Macy’s store and presence." To attract shoppers and add more excitement to the shopping experience, Macy’s execs are looking at plans to develop the rooftop of the 2.2 million square-foot 34th Street store, including restaurants, green space, trees and benches.
Why a park?
The National Debt Clock will move back to One Bryant Park
June 6, 2017

The National Debt Clock will move back to One Bryant Park

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While the debt continues to grow, the ticker that estimates the current national figure is temporarily coming down this month. The National Debt Clock at 1133 Sixth Avenue will be moved on June 8 to make way for a new entrance at the Durst Organization’s building just one block away to One Bryant Park (aka the Bank of America Tower), the spot where the original clock first stood, as the Post reported. Real estate developer Seymour Durst first put up the ticker on the corner of Sixth Avenue and 42nd Street in 1989, when the debt was a mere $3 trillion. Today’s debt totals over $19 trillion, with each family’s average share more than $168,000, according to data from the US Treasury.
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May’s most popular 6sqft stories
June 3, 2017

May’s most popular 6sqft stories

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The Urban Lens: Travel back to the gritty Meatpacking District of the ’80s and ’90s After a bidding war, Diane Kruger unloads super-stylish East Village pad for $1.1M The history behind the iconic NYC Anthora coffee cups Landmarks approves plans to disassemble RKO Keith’s Flushing Theater’s historic interiors The Campbell Apartment: Grand Central Terminal’s historic […]

Barnes Coy Architects added all-white interiors to this contemporary Hamptons home
May 26, 2017

Barnes Coy Architects added all-white interiors to this contemporary Hamptons home

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Those of us New Yorkers lucky enough to be heading out to the Hamptons this weekend may not as lucky to shack up in a stunning abode like this, but we all can dream. This contemporary home from Barnes Coy Architects is located in picturesque East Quogue and was strategically designed to feature views of both the Atlantic Ocean to the south and Shinnecock Bay to the north, all highlighted by stark white interiors.
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Trader Joe’s opening second 14th Street location

Rendering of 432-438 East 14th Street via Benenson Capital Partners, LLC

May 26, 2017

Trader Joe’s opening second 14th Street location

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It's been 11 years since Trader Joe's opened its first NYC location on Union Square, and now the discount grocer has three others in Manhattan, one in Brooklyn, and one in Queens. This past year, they announced that new outposts will open in Brooklyn Heights, the Upper West Side (their second in the neighborhood), Soho, and on the Lower East Side at Essex Crossing, and today The Real Deal reports they've inked a deal for a 23,000-square-foot space across from Stuyvesant Town, just three avenues east on 14th Street from their original store. The site at 432 East 14th Street is replacing the former Stuyvesant Post Office, a controversial closure that even launched a local "save the post office" campaign.
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April’s most popular 6sqft stories
April 29, 2017

April’s most popular 6sqft stories

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1.  Manhattan’s last intact Gilded Age mansion can be yours for $50M 2.  My 1400sqft: Inside creative couple Molly Young and Teddy Blanks’ perfectly outfitted Williamsburg loft 3.  First look at Domino Sugar Factory’s 11-acre park and waterfront esplanade 4.  Ari Onassis’ former Sutton Place townhouse hits the market for $30M 5.  100-year-old New Jersey ‘castle’ with 58 rooms hits […]

Weekly highlights: Top picks from the 6sqft staff
April 22, 2017

Weekly highlights: Top picks from the 6sqft staff

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NBC News anchor Lester Holt lists classy Nomad apartment for $6.6M First look at Domino Sugar Factory’s 11-acre park and waterfront esplanade Mayor de Blasio christens New York’s first Citywide Ferry with a ride into Brooklyn Bridge Park First home designed by Philip Johnson seeks $1M and a preservation savior Affordable housing lottery for seniors […]

Trump’s travel restrictions may result in $600M loss of foreign tourism spending in NYC
April 21, 2017

Trump’s travel restrictions may result in $600M loss of foreign tourism spending in NYC

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After Donald Trump put in place his strict and controversial travel restrictions, foreign travelers unsurprisingly became wary or coming to the U.S., notably student and youth groups and those from Mexico. In New York City, international visitors make up just 20 percent of tourists, but they account for more than 50 percent of spending, dropping an average of $2,000 each during their stays, which also include more stays in the outer boroughs. However, NYC & Company, the city’s tourism agency, expects the number of foreign tourists to drop by 300,000 fewer than 2016, when 12.7 million international visitors came to NYC, the first drop in seven years. According to the Daily News, this will result in $120 million less in tax revenue for the city and state and $600 million less spending in the city.
More details ahead
The Apple Store’s iconic Fifth Avenue glass cube will be temporarily removed
April 20, 2017

The Apple Store’s iconic Fifth Avenue glass cube will be temporarily removed

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Boston Properties, who owns the former General Motors Building at 767 Fifth Avenue that has the Apple flagship located on its lower level, was issued a permit by the Department of Buildings to remove the iconic glass cube outside the store's entrance. The Post reports that it'll cost a staggering $2 million to take the structure down while Apple expands the Midtown location from 32,000 to 77,000 square feet.
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City’s PoetweetNYC poetry contest begins today
April 17, 2017

City’s PoetweetNYC poetry contest begins today

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This one is for the subway writers. The city’s annual PoetweetNYC Twitter poetry contest, celebrating National Poetry Month, is open for submissions today at 9 a.m. through April 27 at 5 p.m. Contest winners and their poems, selected by mayoral first lady Chirlane McCray and a panel of four other judges, will appear here in […]

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