Midtown East

February 5, 2019

For $335K, a compact but efficient studio in charming Tudor City

25 Tudor City Place, also known as Tudor Tower, was one of the original buildings built at Tudor City, one of Manhattan's largest residential developments conceived by visionary real estate developer Frederick F. French in 1927 as a “suburb in the city.” The building retains its old-world charm with a well-maintained Gothic lobby and historic details in all 443 units, including beamed ceilings, hardwood floors, and casement windows. Like many of the pint-sized units that Tudor City is well-known for, this one, on the market for $335,000, offers a price tag to match.
Get the tour
January 23, 2019

Late playwright Neil Simon’s three apartments at the Ritz Tower are for sale

A group of apartments in Midtown owned by late Broadway playwright Neil Simon are on the market, the Wall Street Journal reported on Wednesday. The three apartments are in the Ritz Tower, an Emery Roth-designed 42-story building in Midtown East and range in price from $1.5 million to $2.8 million. Simon, a Pulitzer Prize-winning writer who was best known for plays like "The Odd Couple," died at age 91 last August.
Take a look around
January 23, 2019

Second-tallest tower in the Western Hemisphere may rise across from St. Patrick’s Cathedral

The developers behind the distinct supertall at 432 Park Avenue want to take a second shot at altering New York City's skyline. Harry Macklowe submitted a preliminary application to the city's planning department for a 1,551-foot-tall skyscraper between 51st and 52nd Streets in Midtown across from St. Patrick's Cathedral, the New York Times reported. If the city approves the project, Tower Fifth, the name given to the proposed tower by Macklowe Properties, would become the second-tallest building in the Western Hemisphere.
See inside the proposed supertall
January 17, 2019

Demolition permits filed for world’s tallest teardown at 270 Park Avenue

Demolition permits were filed Tuesday for the JPMorgan Chase HQ at 270 Park Avenue, CityRealty reports. The building will be the tallest planned demolition in history. The filing is a significant step for the bank on the way to replacing the 1.5-million-square-foot Modernist tower previously known as the Union Carbide Building with a 2.5-million-square-foot skyscraper, to be designed by British Pritzker Prize winner Norman Foster/Foster + Partners architectural firm.
Down with the old, up with the new
January 11, 2019

After less than a year, J.Lo and A-Rod put 432 Park apartment on the market for $17.5M

Less than a year after dropping $15.3 million on a trophy pad at 432 Park Avenue, J-Rod (J.Lo + A-Rod) has decided to put the sprawling, apartment back on the market. First spotted by the Post, the place is now asking $17.5 million. The news comes just five months after the couple put their considerably smaller apartment at 15 Central Park West on the rental market for $11,500 a month. Why are they selling so soon? Though three bedrooms and 4,000 square feet sounds large to most, a source told the Post that "They love the building, but when their kids are all together, it’s too small. They need something bigger for the family."
On to bigger and better
January 11, 2019

Billionaire’s Midtown penthouse got the biggest price chop in NYC history, now $70M off

Everything goes on sale after Christmas, and that’s certainly true of hedge fund billionaire Steve Cohen’s Beacon Court penthouse at 151 East 58th Street. The SAC Capital Advisors founder bought the 9,000-square-foot duplex for $24 million in 2005 and hired noted architect Charles Gwathmey to give it a once-over. The condo hit the market again in April of 2013 for a whopping $115M (around the time Cohen received a wrist-slap to the tune of $1.2 billion for insider trading). No takers at that price. Or the next one ($82M). Or the one after that ($79M)–you probably get where this is going. Where the five-bedroom aerie on the building's 51st and 52nd floors ended up today: Deeply discounted to $45 million after eight price cuts adding up to a $70 million drop, making it the heftiest haircut to happen in New York City history according to The Real Deal.
Take a closer look
January 10, 2019

$60M contract will finally bring East Side Access to Grand Central

It was announced today that a $60.2 million contract to build the project that will bring the Long Island Rail Road service to Grand Central Terminal was awarded to construction and development company Skanska. The award represents the final heavy civil contract in the MTA's largest largest capital project and one that marks the first expansion of the Long Island Rail Road (LIRR) in over 100 years.
Find out more
January 9, 2019

The Chrysler Building is for sale

New York City's iconic Chrysler Building is on the market. The owners of the 1930 Art Deco landmark, Tishman Speyer Properties and the Abu Dhabi Investment Council, have hired real estate firm CBRE Group to sell the property, the Wall Street Journal reported Wednesday. The Abu Dhabi government purchased its majority stake in the Chrysler for $800 million in 2008, but real estate experts told the WSJ it would be difficult to recover.
Details here
December 20, 2018

Grand Central train shed repairs could mean a mess for Midtown streets

The MTA recently purchased Grand Central Terminal for $35 million, a deal which gave the agency more control over development projects happening at the landmark. And in one of their first orders of business, it looks like they're mulling a massive undertaking to replace the train shed roof, according to Crain's sources. The shed is a two-level-deep underground space comprised of tracks, bridges, and viaducts used to stage and store Metro-North cars. It runs north of the terminal to East 57th Street and takes up an area larger than 20 football fields. Not only would the project cost hundreds of millions of dollars and take 20 years to complete, but Crain's notes that it would likely result in many Midtown streets being ripped up.
READ MORE
December 19, 2018

$395K Tudor City co-op is a man cave in waiting

Woodstock Tower at 320 East 42nd Street is one of the most charming of Tudor City's collection of elegant co-op buildings, and in keeping with the complex's pre-war charm is this studio asking less than $400,000. Like so many of the itty-bitty units in Tudor City, this 240-square-foot makes the most of its footprint with a Murphy bed and built-in storage, and in this case, a very refined and handsome design that would make this the perfect man cave.
Find out more about the place
November 17, 2018

Rental Offers: Money to Burn? Greenwich Village apartments on Houston Street from $14,995/mo

High-End Greenwich Village Rentals Available at Newly Constructed 136 West Houston Street=[LINK] 223 Fourth Avenue Offers Luxury Park Slope Rentals from $2,452/Month [LINK] Newly-Renovated Lower East Side Rentals at 10 Rutgers Street; No Fee + 1 Month Free[LINK] Halo LIC: Industrial-Inspired No-Fee Rentals with 1 Month Free in the Heart of Long Island City [LINK] […]

November 14, 2018

MTA to buy Grand Central Terminal for $35M

The Metropolitan Transportation Authority is set to purchase Grand Central Terminal for $35 million, a deal which will give the agency more control over development projects happening at the space. Expected to be approved by the MTA's full board Thursday, the sale ends the 280-year lease that began in 1994 and gave the agency a one-time window to buy the station. Along with the famed terminal, the sale also includes miles of track on Metro-North's Harlem and Hudson lines.
Get the details
November 12, 2018

New Chase HQ in Midtown will rise 1,400 feet and have Metro North access

In late October, JPMorgan Chase announced the selection of Foster + Partners, led by British Pritzker Prize winner Norman Foster, as the architects of a new 70-story headquarters on the site of its current offices at 270 Park Avenue between East 47th and 48th streets, CityRealty reports. The plan, announced in February, represents the first major project under the 2017 Midtown East Rezoning Plan that upzoned 78 blocks of Midtown to allow for the construction of larger, more modern skyscrapers. The 70-floor, 1,400-foot height would make the new headquarters one of the tallest buildings in the city and the tallest office building by roof height.
Find out more
November 1, 2018

PHOTOS: One Vanderbilt reveals terra cotta facade and insane views

With less than two years left until it reaches its full 1,401-foot height, One Vanderbilt has released a slew of new construction photos that showcase its insane views of the MetLife Building, Empire State Building, Chrysler Building, and beyond, how it relates to its famous neighbor Grand Central, and an up-close look at its unique terra cotta facade. Developed by SL Green and designed by Kohn Pedersen Fox, the 77-story office tower will become NYC's fourth-tallest skyscraper when completed in the third quarter of 2020. The building is expected to reach 50 stories by the end of this year, and it's already 37 percent leased.
See all the photos
November 1, 2018

Norman Foster will design new Park Avenue headquarters for JPMorgan Chase

JPMorgan Chase has tapped starchitect Norman Foster to design its new 2.5 million-square-foot headquarters at 270 Park Avenue, as first reported by Bloomberg. The new 70-story tower would replace the bank's current offices, located in the Union Carbide building. Foster + Partners designed the nearby office tower at 425 Park Avenue, as well as Apple's spaceship-like headquarters in California.
Find out more
October 9, 2018

Where modernism meets tradition: Inside the Japan Society’s historic headquarters

As a media sponsor of Archtober–NYC’s annual month-long architecture and design festival of tours, lectures, films, and exhibitions–6sqft has teamed up with the Center for Architecture to explore some of their 70+ partner organizations. For the last 111 years, the mission of the Japan Society has remained the same: to create a better understanding between the United States and Japan. While strengthening relations originally meant introducing Japanese art and culture to Americans, today in its second century, the nonprofit’s purpose, along with its programming, has expanded, with education and policy now a core part of its objective. The headquarters of the Japan Society is located in Turtle Bay at 333 East 47th Street, purposely constructed just blocks from the United Nations. In addition to being known for its extensive curriculum, the architecture of the society's building also stands out. Designed by architects Junzō Yoshimura and George G. Shimamoto, the building is the first designed by a Japanese citizen and the first of contemporary Japanese design in New York City. The structure, which first opened in 1971, combines a modern style with traditional materials of Japan. In 2011, the building was designated a city landmark, becoming one of the youngest buildings with this recognition. Ahead, learn about the Japan Society's evolving century-long history, its groundbreaking architecture, and its newest exhibition opening this week.
Take a look inside the landmarked building
October 8, 2018

Midtown pocket park with an urban waterfall is designated a National Historic Place

Greenacre Park, a famed vest pocket park in Midtown, was added last week to the National Registry of Historic Places. Measuring just over 6,300 square feet, the tiny three-level park features a dramatic 25-foot-high waterfall in the middle of Second and Third Avenues on East 51st Street. "This beautiful park delivers a connection that builds social bonds with family, friends and community and I congratulate the Greenacre Foundation on this national recognition," Rose Harvey, commissioner of NYS Office of Parks, Recreation and Historic Preservation, said.
More here
September 21, 2018

Grand Central Terminal celebrates 20 years of retail with 1998 pricing

Grand Central Terminal is celebrating the 20th anniversary of its retail renovation; the iconic terminal's shops and restaurants will be offering 1998 pricing on select products and menu items on October 1. Participating businesses include Cafe Grumpy, The Campbell Bar, Grand Central Oyster Bar and Restaurant, Moleskine, Dyptique and many more. In addition, there will be a special exhibition in Vanderbilt Hall celebrating the terminal’s storied 105-year history.
Find out more
September 11, 2018

New Midtown mural honors 9/11 firefighter

The number of first responders who deserve to be honored for their courageous efforts after the September 11th attacks is many, but a new Midtown mural of one particular firefighter serves as a symbolic honor to all of those brave men and women. The Post first reported on the mural by Brazilian artist Eduardo Kobra, painted on eight-stories of a building on East 49th Street and Third Avenue. The image replicates a photo of FDNY member Mike Bellantoni "overcome with exhaustion and despair" on 9/11, originally taken by Post freelance photographer Matthew McDermott.
What did Bellantoni think of the photo?
September 6, 2018

Sutton Place townhouse designed for Anne Vanderbilt asks $21M

The brick Georgian townhouse in Sutton Place designed for Anne Vanderbilt, the wife of railroad heir William Vanderbilt, has hit the market for $21 million. Located at 1 Sutton Place, the 15-room home sits on the northeast corner of 57th Street, punctuated by a bright blue front door. Vanderbilt, along with a group of wealthy buyers, is credited with turning the remote, riverside Manhattan neighborhood into one of the city's most influential areas.
Take a tour
August 27, 2018

Top-floor Tudor City studio can be your ‘sun-drenched jewel box’ for $424K

What it lacks in space, this Tudor City studio makes up for in views and location. The 600-square-foot, top-floor, corner apartment has a compact kitchen and a Murphy bed, but it's also lined floor-to-ceiling with built-in shelving and cabinetry. And the huge pane-glass windows not only let in tons of light, but provide incredible views from the 23rd floor of the UN, East River, and Long Island City.
See what else $424,000 gets you
August 22, 2018

Massive $39M Trump World Tower ‘sky mansion’ has 16 rooms, 24 hidden TVs, and 20+ closets

The listing for this 7,500-square-foot, 16 room, six-bedroom property in the Trump World Tower at 845 United Nations Plaza calls the massive home a "mansion in the sky," and that gives you an idea of just what to expect, though you might already guess what to expect from the (almost) entire 82nd floor of the modern-luxe-encrusted tower. There are, of course, the 360-degree views, which reach to the moon. And a peek at the floor plan affirms a dizzying magnitude of square footage in one single Turtle Bay condominium.
Take the sky mansion tour
August 21, 2018

A new deal and more construction at Waldorf Astoria, though opening date is delayed

When the iconic Waldorf Astoria closed in 2017 for the massive renovation promised when Chinese company Anbang Insurance Group acquired it in 2014, the hotel's future held jumbo condos and massive guest rooms. The fate of the Park Avenue landmark has been a topic of drama and discussion ever since, especially given the takeover of Anbang by the Chinese government after the incarceration of the company's chairman, Wu Xiaohui, last year during a fraud investigation. The New York Post now reports that although contractor AECOM Tishman has signed a deal with Anbang and construction is underway for the promised 350 condos and 350 hotel rooms, the project's completion date has been moved from 2020 to 2021.
Find out more
August 17, 2018

Trump Tower apartment right below the president hits the market for $25M

You don't need a security clearance to live below the President, but it might still be a challenge for whomever wants to buy the condo right below Donald Trump's Midtown residence. The Post reports that the duplex unit on the 64th and 65th floors of Trump Tower has just hit the market for $24.5 million and sources are saying it "directly adjoins" his bedroom. So how can the administration legally control the buyer? By convincing the condo Board to exercise a board waiver and buy the apartment themselves, according to the Post. And this may just work; a recent Business Insider investigation into a mysterious $1.5 million apartment Melania bought in the building shows that this was the only unit the Board had ever bought.
See inside
August 10, 2018

St. Patrick’s Cathedral $7M air rights deal blocked by exclusive men’s club

In March, the Archdiocese of New York reached a deal to sell 30,000 square feet of development rights from St. Patrick's Cathedral to MRP Realty and Deutsche Bank, the owners of 405 Park Avenue in Midtown East. But, as Crain's reported on Thursday, an exclusive men-only club has undercut the Archdiocese by offering the developers the deal at a lower price. The Brook, known for its billionaire clientele, will sell its air rights over its property at 111 East 54th Street to the owners of 405 Park Avenue. The owners plan to use the air rights to add four new floors to the 17-story property, a high-end office building.
Find out more
July 9, 2018

SHoP Architects reveal ‘vertical tech campus’ at 335 Madison

Since the announcement of One Vanderbilt more than four years ago, much attention has been paid to the controversial Midtown East Rezoning, which was approved last summer. Howard Milstein was one of many developers looking to take advantage of the rezoning, proposing a plan to raze the Grand Central-adjacent office tower 335 Madison and replace it with a modern structure that would expand the building's tech incubator. But he ultimately decided to forego the demo and undertake a $150 million renovation by SHoP Architects that more than doubles the square footage of Grand Central Tech and creates a new lobby and retail/amenity spaces for tenants. Renderings for the new "vertical tech campus" known as Company have now been revealed by Arch Daily.
More details and all the renderings