Midtown East

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.
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Policy

SHoP Architects reveal ‘vertical tech campus’ at 335 Madison

A new bar/terrace at 335 Madison overlooking Grand Central, © SHoP Architects

July 9, 2018

SHoP Architects reveal ‘vertical tech campus’ at 335 Madison

By Dana Schulz

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

Architecture And Design

June 28, 2018

Judge Judy’s former Sutton Place penthouse with two terraces asks $3M

By Annie Doge

Photo of Judge Judy via Wikimedia The former Sutton Place pad of the queen of court TV, Judge Judith Sheindlin, has hit the market for $3.29 million. The Brooklyn native sold the duplex penthouse at 60 Sutton Place South with her husband, Gerald Sheindlin, for $2.25 million in 2010 (h/t NY Post). Found on the 19th floor of the building, the co-op features three bedrooms and three and a half baths. Plus, the 2,250-square-foot apartment comes with two terraces overlooking the East River.
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City says work can resume on Sutton Place’s controversial 800-foot tower

Proposed massing of the tower, via CityRealty

June 27, 2018

City says work can resume on Sutton Place’s controversial 800-foot tower

By Michelle Sinclair Colman

A relatively staid neighborhood, things are heating up at the Upper East Side’s Sutton Place, again. Last December, 6sqft reported that Gamma Real Estate had to stop work on Sutton 58, their proposed 800-foot residential tower. After three years of community protest over what many consider an out-of-context supertall building, the New York City Council spoke loudly (with a 45-0 vote) and approved a height rezoning of 10 blocks between 51st and 59th Streets east of First Avenue. The rezoning required 45 to 50 percent of a building should rise below 150 feet. This was a huge blow to Gamma and would require massive changes to their plans. Most immediately, it required a halt of construction on the project. But that just changed.
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June 18, 2018

Michael Cohen’s inlaws list three condos at Trump World Tower amid legal battle

By Devin Gannon

Photo of Michael Cohen via Wikimedia; listing photo via Trump International Realty As President Donald Trump's personal attorney, Michael Cohen, faces mounting legal fees, his family is looking to sell three condominium units at a 72-story Trump building in Manhattan. Bloomberg reported Friday that Cohen's father-in-law Fima Shusterman wants to sell three apartments he owns in Trump World Tower at 845 United Nations Plaza. Just two of the units are listed on the Trump International Realty website: a three-bedroom unit, 57B, for $6.7 million and a two-bedroom unit, 42A, for $4.5 million. Not listed but still for sale, the family's 43rd-floor apartment was purchased in 2003 for $1.85 million, but the current price is not yet known.
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Policy

Amazing aerial photos show One Vanderbilt’s ascent

Photo by Max Touhey

June 6, 2018

Amazing aerial photos show One Vanderbilt’s ascent

By Devin Gannon

Construction of SL Green's supertall One Vanderbilt continues to push forward, with the steel erection on the 16th floor now complete. By the end of the year, the developer expects to reach the 30th floor of the Kohn Pedersen Fox-designed, 1,401-foot skyscraper, which will become the city's second tallest skyscraper when completed in 2020. A fresh set of aerial photos of the tower provide a new perspective of the surrounding buildings, including neighboring Grand Central Terminal. And with even more sky-high news, SL Green reportedly announced that tickets to One Vanderbilt's 1,000-foot observatory will cost about $39, or $5 more than that of One WTC.
See the pictures

May 31, 2018

For $1,200/night, stay in the Lexington Hotel suite once home to Marilyn Monroe and Joe DiMaggio

By Michelle Sinclair Colman

The Lexington Hotel has a full and wonderful history filled with celebrities and hula dancing. At present, the most notable feature is their recently renovated $1,200/night Norma Jean Suite, named after Marilyn Monroe who briefly called the 600-square-foot suite home during her 22-month marriage to Joe DiMaggio, from January 1954-October 1955 (h/t NYP). This is also where she lived while filming “The Seven Year Itch”--and its iconic skirt-blowing scene!--just a few blocks away on 52nd and Lex.
See inside the suite where 'everyone likes it hot'

May 23, 2018

Study looks at the tallest buildings ever demolished and confirms 270 Park Avenue will top the list

By Michelle Cohen

Back in February, 6sqft reported that the Union Carbide Building at 270 Park Avenue–currently the JP Morgan Chase headquarters–was set to be the largest intentionally demolished building in history when plans move forward to replace the 700-foot-tall structure with a tower that will likely rise to over 1,200 feet. ArchDaily brings us a study done by the Council on Tall Buildings and Urban Habitat (CTBUH) that looks at the 100 tallest buildings ever to be demolished by their owners. The study, aptly titled, "Tallest Demolished Buildings," confirms that if the current plans move forward, Skidmore, Owings & Merrill's 270 Park Avenue would indeed become the tallest to go down–and the first over 200 meters in height.
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My 600sqft: A nonprofit fundraiser decorates her Turtle Bay studio with funky, feminine finds

6sqft’s series “My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to the Turtle Bay studio of Erica Greenblatt, director of development for the Anti-Defamation League. Want to see your home featured here? Get in touch!

May 8, 2018

My 600sqft: A nonprofit fundraiser decorates her Turtle Bay studio with funky, feminine finds

By Devin Gannon

Erica Greenblatt never seems to stay in one place for long. In addition to her love of travel (she has visited 30 countries across 6 continents so far), she has moved 12 times in the last 14 years all over New York City. Most recently, Erica landed on a surprisingly spacious Turtle Bay studio on 54th Street and 2nd Avenue, her first apartment without any roommates. As the director of development for the Anti-Defamation League, a civil rights organization tasked with fighting bigotry, Erica raises funds needed for the group’s education and advocacy programs. And because of her job, she’s on the move again, headed outside of the five boroughs for the first time in over a decade. Erica moved to Atlanta, Georgia at the end of April, pledging to bring her feminine, eclectic style with her to her new southern pad. Before she left NYC to start a new adventure in the ATL, 6sqft visited Erica and learned about how her love of travel influences her worldly aesthetic, what she describes as her "signature style."
See inside Erica's studio

Apply for 100+ affordable apartments at this flashy new tower near Grand Central, from $613/month

Rendering via Handel Architects

April 30, 2018

Apply for 100+ affordable apartments at this flashy new tower near Grand Central, from $613/month

By Dana Schulz

Reduced rent AND the opportunity to walk to work? That's the dream scenario up for grabs for Midtown East workers at Handel Architects' 222 East 44th Street, where a mixed-use affordable housing lottery for 109 units just came online. The handsome, 42-story torqued glass tower sits between Second and Third Avenues, fronting both 43rd and 44th Streets, meaning it's just a hop, skip, and jump away from Grand Central, the Chrysler Building, and the UN. The apartments are available to those earning 40, 60, and 130 percent of the area median income and range from $613/month studios to $2,733/month two-bedrooms. The lucky residents will also be treated to a bevy of amenities.
Find out if you qualify

Affordable Housing

Landmarked William Lescaze House, the first modern residence in NYC, asks $5M

Photos via Leslie J. Garfield

April 26, 2018

Landmarked William Lescaze House, the first modern residence in NYC, asks $5M

By Devin Gannon

New York City's first modern residence, designed by architect William Lescaze, has hit the market for $4.95 million. Swiss-born New Yorker, Lecaze is credited with pioneering the modernism movement in the United States, beginning with a townhome he designed for himself in 1934. Known as the William Lescaze House, the four-story home at 211 East 48th Street served as the architect's personal home and studio. The now-landmarked townhouse was totally restored by Sage Realty, who "painstakingly renovated" the street facade to match its original condition.
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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

By Devin Gannon

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.
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Policy

Richard Meier’s East side master plan moving ahead with three condos and biotech offices

Rendering courtesy of Richard Meier & Partners / Solow / BloomImages

April 9, 2018

Richard Meier’s East side master plan moving ahead with three condos and biotech offices

By Annie Doge

Across the street from Richard Meier’s nearly-complete new black glassy-facaded condo/rental tower at 685 First Avenue (known as 685 First), between First Avenue and the East River, a boarded-up construction site has remained quiet for the better part of a decade. Now, Curbed reports, the site’s developer, Solow Building Company, headed by Sheldon H. Solow, 89, and son Stefan Soloviev, confirms the site's awakening and imminent transformation into three condominium buildings and a fourth building, to be a biotech office, using the 2012 master plan penned by Meier's architecture firm.
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Design contest winner would turn Park Avenue into a concert venue and basketball court

Rendering of “Park Park” courtesy of Maison

March 14, 2018

Design contest winner would turn Park Avenue into a concert venue and basketball court

By Dana Schulz

Last month, Fisher Brothers unveiled the 17 finalists for its “Beyond the Centerline” design competition, a call for creative and ambitious ideas for how to transform Park Avenue's traffic medians between 46th and 57th Streets. Proposals called for everything from an Alpine mountain to a High Line-esque walkway to a massive aquarium, but in the end, it was the "Park Park" entry that the jury selected as the winner. This proposal, courtesy of Ben Meade, Anthony Stahl, and Alexia Beghi of design firm Maison, transforms the iconic thoroughfare via a series of raised platforms that hold a concert space, art galleries, gardens, a restaurant, and a basketball court, "intended to inject new energy into the currently staid Park Avenue landscape."
More details and the runner up

Architecture And Design

St. Patrick’s Cathedral to get $7.2M from sale of air rights under Midtown East rezoning

St Patrick’s Cathedral via Wikimedia

March 2, 2018

St. Patrick’s Cathedral to get $7.2M from sale of air rights under Midtown East rezoning

By Devin Gannon

Editor's Note: The owners of 405 Park Avenue are set to buy the development rights from St. Patrick's Cathedral, the Real Deal reports. MRP Realty and Deutsche Bank Asset Management will add four floors and 205,000 square feet of office space to their existing building. JPMorgan Chase and Mayor Bill de Blasio announced last week plans for the first project under the city's Midtown East rezoning: a 70-story tower to replace its old offices at the same Park Avenue site. And with the Archdiocese of New York this week reaching a tentative deal to sell 30,000 square feet of development rights from St. Patrick's Cathedral, the second project under the new rezoning could quickly follow. According to Crain's, if the sale happens the Archdiocese could pick up at least $7.2 million in air rights.
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You can buy a $14,000 mantle and more salvaged items from the Waldorf Astoria

Photo via Wikimedia; Auction images via Olde Good Things

March 1, 2018

You can buy a $14,000 mantle and more salvaged items from the Waldorf Astoria

By Michelle Cohen

As 6sqft recently reported, ownership of the iconic Waldorf Astoria was among the properties involved when the Chinese government temporarily took over the debt-ridden Beijing-based Anbang Insurance Group, a firm known for snatching up prominent and expensive properties around the world. There has long been speculation about a condominium project in the works, and Bloomberg reports that the project is moving forward. Signs of change: Effects from the building's guest suites have been carted off by Scranton, Pennsylvania-based architectural salvage purveyor Olde Good Things, who is already is selling pieces of the storied hotel on its website.
See what's for sale

Events & Things To Do

New construction photos show One Vanderbilt’s 1,401-foot ascent

Photo courtesy of Max Touhey

February 28, 2018

New construction photos show One Vanderbilt’s 1,401-foot ascent

By Devin Gannon

After beginning its vertical construction last June, One Vanderbilt's progress shows no signs of slowing. According to SL Green, the supertall is currently rising two floors per month and after the 13th floor is completed, three floors will be installed every month. The planned 1,401-foot tower, which will become the city's second tallest skyscraper when completed, will measure over one million square feet. In addition to the above-ground construction, the project includes $220 million in public transit improvements as well as a passageway for direct access to the subway.
See it here

February 27, 2018

Finalists for Park Avenue design contest propose an artificial mountain and a river for kayak commutes

By Devin Gannon

Fisher Brothers unveiled on Tuesday the 17 finalists chosen for its "Beyond the Centerline" design competition after receiving more than 150 submissions. Participants were asked to think of creative and ambitious ideas to transform the traffic medians along Park Avenue between 46th and 57th Streets. The finalists did not disappoint. Proposals call for an Alpine mountain, a massive aquarium, floating gardens, mini-golf, an elevated walkway and more. Although a jury will select the grand prize winner, all 17 proposals will be on display for public voting at Park Avenue Plaza, located at 55 East 52nd Street, from March 5 to March 9 for the second-place prize. Below, check out all of the unique projects.
See the ambitious ideas

Architecture And Design

Highly elegant and highly classified: The history of espionage at the St. Regis

Photo via Wally Gobetz/Flickr

February 26, 2018

Highly elegant and highly classified: The history of espionage at the St. Regis

By Lucie Levine

You know that Old King Cole had a pipe and bowl, but did you know he also had a cloak and dagger? New York’s hyper-illustrious St. Regis Hotel, home to the famous King Cole Bar, has a clandestine pedigree that goes straight to its core. Founded by a family of spies, the Hotel became headquarters for the nation’s wartime spy service, and in the process helped inspire not only the Bloody Mary cocktail but also the Invasion of North Africa.
Read on for the history of Midtown’s preeminent spy den

The Chinese government now owns the Waldorf Astoria

Photo via Wikimedia

February 23, 2018

The Chinese government now owns the Waldorf Astoria

By Devin Gannon

The Chinese government has taken control over debt-ridden Anbang Insurance Group, a Beijing-based firm known for snatching up prominent properties around the world for billions of dollars. One of those high-profile properties includes New York City's iconic Waldorf Astoria, which the group purchased for $1.95 billion in 2014. According to the New York Times, the government takeover comes after Abang violated regulations, although the exact violations committed are unclear so far. Anbang will be overseen for one year by a group that includes China's central bank, the country's securities and banking regulator, the regular of foreign exchanges and other government agencies.
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Events & Things To Do

Soon to be largest deliberately demolished tower ever, 270 Park Avenue proposal faces backlash

270 Park Avenue via MikePScott’s Flickr

February 22, 2018

Soon to be largest deliberately demolished tower ever, 270 Park Avenue proposal faces backlash

By Devin Gannon

Plans to replace JPMorgan Chase's current headquarters at 270 Park Avenue with a much taller tower at the same site is facing opposition from architecture and preservation buffs, shortly after the proposal was announced. Not only will the project become the largest intentionally demolished building in history, as YIMBY reported, the landmark-worthy Union Carbide Building was also designed in 1960 by Natalie de Blois, a pioneer of American architecture and one of the few female senior designers at that time. As the first project under the Midtown East rezoning, JPMorgan Chase's existing 700-foot tall structure will be bulldozed to make way for a tower that will most likely be over 1,200 feet tall.
More this way

New 70-story JPMorgan Chase tower will be the first project under Midtown East rezoning

A model of what the future 270 Park Ave building might look like via CityRealty

February 21, 2018

New 70-story JPMorgan Chase tower will be the first project under Midtown East rezoning

By Devin Gannon

Mayor Bill de Blasio and JPMorgan Chase announced on Wednesday plans to build a new 70-story world headquarters at the site of the bank's current offices at 270 Park Avenue, the first project under the East Midtown Rezoning plan. Approved by the City Council in August, the rezoning affects 78 blocks running from East 39th Street to East 57th Street and from Third Avenue to Madison Avenue. The updated zoning code is expected to clear the way for 6.5 million square feet of modern office space and allow for taller buildings. JPMorgan Chase's new building will have enough room for about 15,000 employees, compared to the old building's capacity of just 3,500 employees.
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Empire State Building looking for tenants to fill 50,000 square feet of retail space

Photo via Wikimedia

February 2, 2018

Empire State Building looking for tenants to fill 50,000 square feet of retail space

By Devin Gannon

The landlords of New York City's most iconic skyscraper are looking to fill 50,000 square feet of retail space by 2020, even as brick-and-mortar businesses in Manhattan have struggled to stay open. According to Bloomberg, owners of the Empire State Building are marketing the tower's ground-floor, concourse and second-floor real estate, as the building undergoes a retail renovation for the first time since opening in 1931. Plus, the tower's observatory entrance will be moved from Fifth Avenue to 34th Street.
More this way

Real Estate Trends

How the Manhattan neighborhood of Turtle Bay got its name

Turtle Bay and Blackwell’s Island around 1840 at the foot of what now is 49th Street, courtesy the Turtle Bay Association

January 26, 2018

How the Manhattan neighborhood of Turtle Bay got its name

By Emily Nonko

The Manhattan neighborhood of Turtle Bay, a stretch of Midtown East that holds everything from skyscrapers to brownstones, has a history dating back to 1639. Modern-day New Yorkers might envision the area got its name from "hundreds of turtles sunning themselves on the rocks along the East River between 45th and 48th Streets," as Ephemeral New York puts it. Back then, that's where an actual bay was once located in Colonial-era Manhattan, surrounded by meadows, hills and a stream that emptied at the foot of today’s 47th Street. Some historians do think actual turtles lent to the neighborhood name, as they were plentiful in Manhattan at the time and were commonly dined on. But another reading of history suggests otherwise.
The name may have been a mistake

History

January 18, 2018

$329K Tudor City studio packs a punch with charming prewar details

By Emily Nonko

Tudor City, the Turtle Bay apartment complex built in the 1920s, is known for its tiny, affordably priced apartments. This one comes from 45 Tudor City Place, which holds a whopping 403 units over 25 stories. Despite the small space, there are charming interior details, like dark hardwood flooring and beamed ceilings, and the owner has added some extra touches to maximize space. It's now on the market asking $329,000 after selling in 2006 for $280,000.
Head inside

Distinctive Homes

December 28, 2017

Sen. Jacob Javits’ former Sutton Place co-op sells for $4.4M

By Devin Gannon

After first hitting the market in June for roughly $5.2 million, the former Sutton Place home of influential New York senator, Jacob Javits and his wife Marian, has found a buyer. Last listed for $4.35 million, the three-bedroom co-op at 322 East 57th Street was designed in 1933 by Joseph Urban, an architect known for his Art Deco style. According to the New York Post, Javits entertained socialites and political players, like Henry Kissinger, in his spacious 3,300 square foot duplex.
Check out the glass cube

December 27, 2017

Greta Garbo fans buy the actress’ longtime Sutton Place co-op for $2.5M over ask

By Dana Schulz

This sprawling three-bedroom at the exclusive Sutton Place co-op The Campanile may have a private location, incredible East River views, and old-world details such as wall-to-wall pine wood paneling, working fireplaces, and tons of built-ins, but it was its longtime resident who encited a bidding war. Mansion Global reports that Greta Garbo's longtime home (she lived there from 1954 until her death in 1990) has sold for $8.5 million, 43 percent higher than the $5.95 million it listed for back in March. The late actress' great-nephew Craig Reisfield said the buyers have “a reverence for my great aunt” and added that he anticipates them being "great stewards" of the home that's very much intact from Garbo's days.
See the high-end apartment here

520 Fifth Avenue

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