Midtown West

Floor plans of the Crown Building's crown jewel, its five-story penthouse, have revealed what $100 million will buy you at one of the city's most desirable locations for the super-rich. As the Real Deal learned, the penthouse features two swimming pools, a piano lounge and a full-floor master suite. The 14,000-square-foot pad sits in the actual crown of the building, spanning floors 22-26. The rest of the Billionaires' Row building at 730 Fifth Avenue isn't too shabby either; the building includes an 83-key luxury Aman Resorts hotel with a three-story spa, a jazz and cigar club, a few restaurants and 20 luxury condos.
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Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

Image © Wade Zimmerman courtesy of Agence Christian de Portzamparc (ACDP)

November 16, 2017

Foreclosures and flopped flips pile up at One57, sending grim message to big ticket investors

A full-floor, 6,240-square-foot penthouse at Midtown billionaires' bunker One57 recently sold to an unidentified high bidder–one of five contenders–at a foreclosure auction for $36 million. That number is 29 percent lower than the original $50.9 million price shelled out by Nigerian businessman Kolawole Akanni Aluko for the newly-minted condo in 2014. The fire sale was the fourth resale in the 1,004-foot-tall Billionaire's Row flagship trophy tower to trade at a loss, according to data from appraiser Miller Samuel Inc., reports Bloomberg. The latest example is the largest discount to date on one of the pricey properties, all of which sends a message to buyers with plans to cash in on the ultra-luxury units in short order. And there are currently 16 apartments at the building listed for sale, most of them by the developer.
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Real Estate Trends

Penn Station and MSG get reimagined as a landscaped cemetery

MSG reimagined as a cemetery (L); Memorial walls in the subway stations (R). Via DeathLab

November 8, 2017

Penn Station and MSG get reimagined as a landscaped cemetery

The rant that traveling via Penn Station is enough to kill you just took on a whole new meaning. Untapped Cities shared this vision from Columbia University's DeathLab (yes, this is a group dedicated to dealing with death in the city) that reimagines Penn Station and Madison Square Garden as a giant cemetery and public space. The general idea is to be more eco-friendly and accessible. Not only will the human remains be used to fertilize the gardens, but family members and the general public will be able to record digital memories to be stored on a central server.
Learn more about this proposal

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

Construction progress as of mid-October, via CityRealty

November 3, 2017

Fully skinned, TF Cornerstone’s mammoth Midtown tower on West 57th tops out

In May 2012, TF Cornerstone (TFC) entered a 99-year ground lease for the building's site that spans nearly a full city block and measures 63,000 square feet. Now topped out and fully skinned, the massive rental at 606 West 57th Street has a less flashy appearance than renderings previously hinted, but still features an impressively imposing, boxy design, as CityRealty reported. Designed by Arquitectonica, the 42-story, 1.2 million-square-foot building will contain a whopping 1,028 apartments. It joins other West Side gems like the Helena and the pyramid-shaped, Bjarke Ingels-designed Via57 West.
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October 31, 2017

Vornado pitches new Moynihan Train Hall for Amazon’s second headquarters

Earlier this month, New York City officially pitched four neighborhoods to house Amazon’s HQ2: Long Island City, the Brooklyn Tech Triangle, Lower Manhattan and Midtown West. During its third-quarter earnings call Tuesday, Vornado Realty Trust said the Moynihan Train Hall remains at the forefront of the city’s Midtown West bid, citing the project’s proposed 730,000 square feet of office space and 120,000 square feet of retail as meeting the retailer's key requirements (h/t Commercial Observer). Vornado, along with Related Companies, Skanska USA, and architecture firm Skidmore, Owings & Merrill, is converting the former James A. Farley Post Office into the Moynihan Train Hall, an effort led by Governor Andrew Cuomo to create a world-class transit center.
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Uncategorized

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Penthouse rendering (Aman Resorts)

October 27, 2017

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Taking its name from an elaborate pyramid-shaped crown, the Crown Building at Fifth Avenue and 57th Street has been described as one of the city's most desirable retail locations. Michael Shvo and Russian developer Vladislav Doronin bought the non-retail upper floors of 730 Fifth Avenue in 2015 and filed plans to redevelop the Billionaires' Row property, and new details have been revealed, CityRealty reports. An 83-key luxury hotel with a three-story spa, a members-only lounge, a jazz club and cigar bar and two restaurants will start on the fourth floor. Above the hotel, 20 luxury condominiums known as Aman New York Residences will start on the 11th floor. The building's crown jewel will be a 14,000 square-foot five-story penthouse on floors 22-26 asking $100 million.
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New Developments

David Adjaye reveals designs for an interactive spy museum in Midtown

Renderings courtesy Adjaye Associates

October 17, 2017

David Adjaye reveals designs for an interactive spy museum in Midtown

One of the reasons for Ghanaian British architect David Adjaye's rise to international fame is his work on renowned museums, from Washington D.C.'s National Museum of African American History and Culture to Denver's Museum of Contemporary Art to the recently released plans for the Studio Museum in Harlem. And he'll now add to that list, again in NYC, but this time the project is a bit on the lighter side. The Architect's Newspaper reveals Adjaye Associates' renderings for SPYSCAPE, a spy museum and interactive experience that will open at 250 West 55th Street on February 16th. Spread over two floors in the office building, the exhibitions will be divided among individually designed pavilions, each one exploring one of the seven themes of spying. This format, according to the firm's Associate Director Lucy Tilley, allowed them to "challenge the traditional museum typology with a design that straddles the physical and digital worlds."
More details and renderings ahead

Architecture And Design

October 3, 2017

One57’s 85th-floor unit comes back on the market for $70M after a full reno

In the building known for the city's most expensive residential sale ever (a dizzying duplex on the 89th and 90th floors of the iconic skyscraper at 157 West 57th Street whose $100 million sale closed in 2014), big-ticket buys hardly turn heads. But that same year, the headline-grabbing supertall saw its third most expensive unit change hands when Canadian investor and Ferrari collector Lawrence Stroll dropped $55.6 million on a 6,240-square-foot 85th-floor home in the building's tower. Now he's put the full-floor pad back on the market for an even more noteworthy $70 million. According to the listing, the apartment had a complete renovation even in its short lifetime–and clearly, Stroll, worth an estimated $2.4 billion spared no expense, including woven suede walls, a sculptural wall by artist Peter Lane, and a double-sided marble fireplace.
Get a look at this big bank account in the sky this way

Distinctive Homes

October 2, 2017

Lottery opens for 45 affordable units across from the Empire State Building, from $867/month

Living amongst the hustle and bustle of the Empire State Building may not sound appealing at first, but when you can do it in a brand new, high-end tower for less than $900 a month, the option doesn't look half bad. Starting tomorrow, New Yorkers earning 60 percent of the area median income can apply for 45 apartments at Midtown West's sleek new rental 42 West 33rd Street. Not only do prices range from $867/month studios to $1,123/month two-bedrooms, but the 41-story glass building offers a host of amenities including a fitness center, golf simulator, swimming pool and sauna, dog wash, and outdoor terraces and gardens (some of these may require an additional fee).
Find out if you qualify

Affordable Housing

September 29, 2017

Live among pro athletes at Midtown West’s Sky for just $613/month

Thanks to the building’s Carmelo Anthony-designed NBA regulation-sized basketball court and 70,000-square-foot recreation facility, Midtown West's swanky Sky rental has been attracting pro athletes since it opened under the Moinian Group in 2015. Current residents include the Knicks' Kristaps Porzingis and Sasha Vujacic and Met pitcher A.J. Ramos. And now the 60-story glass slab tower at 605 West 42nd Street is offering 166 low- and middle-income units through the city's affordable housing lottery. Available to New Yorkers earning 40 or 120 of the area median income, the apartments range from $613/month studios to $2,520/month two-bedrooms. Comparatively, market-rate listings in the building range from $2,982/month studios to $4,260/month two-bedrooms.
Find out if you qualify

Affordable Housing

REVEALED: Pritzker Prize winner Álvaro Siza’s first U.S. building in NYC’s Hell’s Kitchen

Renderings of 611 West 56th Street, via Noe & Associates with The Boundary, courtesy of Sumaida + Khurana.

September 26, 2017

REVEALED: Pritzker Prize winner Álvaro Siza’s first U.S. building in NYC’s Hell’s Kitchen

Back in 2015 architects and design buffs were excited to hear that Portuguese Pritzker Prize-winner Álvaro Siza would be designing his highly-anticipated first U.S. building on Manhattan's west side in a neighborhood being called Hudson West. Now, CityRealty reports that developers Sumaida + Khurana and LENY have released renderings of the building at 611 West 56th Street on the former site of the Gristedes corporate headquarters. The development team has secured an acquisition loan, and demolition and foundation work have begun on the 35-story, 80-unit condo.
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Five Manhattan West. Rendering via Millerhare.

September 21, 2017

Amazon inks deal for 360,000 square feet of NYC office space at 5 Manhattan West

Governor Andrew M. Cuomo announced today that tech giant Amazon will be growing its presence in New York City. The company just signed a lease for a 359,000-square-foot administrative office at Five Manhattan West, Brookfield Property Partners' 16-story, 1.8 million-square-foot Skidmore, Owings & Merrill-designed building located on Tenth Avenue between 31st and 33rd Streets. The new addition is expected to create 2,000 new jobs in finance, sales, marketing, and information technology. The offices will be the main New York location for Amazon Advertising, which handles sales, marketing, product, design, engineering and more. "We're excited to expand our presence in New York–we have always found great talent here," said Paul Kotas, Amazon's Senior Vice President of Worldwide Advertising.
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New Developments

VIDEO: The story behind Port Authority’s secret public piano

Adrian Untermyer plaing the piano, via Sing for Hope

September 20, 2017

VIDEO: The story behind Port Authority’s secret public piano

Smack in the middle of the busiest bus terminal in the world is a funky, rainbow piano. Located on a platform that was once the terminal's operations control center but is now the Port Authority Bus Terminal Performing Arts Stage, the piano arrived last year via a collaboration with the nonprofit Sing for Hope. But the idea for this public performance opportunity is thanks to pianist and preservationist Adrian Untermyer, who originally saw pianos in train stations in Paris and thought it would be a great way to bring "light and joy and music to a space that we all know but may not particularly love." In the video ahead, Adrian tells us how his proposal became a reality and why Port Authority deserved a piano.
Watch 6sqft's video here

First 15 Hudson Yards penthouse hits the market for $32M

Interior at Penthouse 88B at 15 Hudson Yards. Rendering courtesy of Related-Oxford.

September 20, 2017

First 15 Hudson Yards penthouse hits the market for $32M

The sleek 910-foot-tall tower at 15 Hudson Yards has held the attention of real estate and skyline watchers since construction began last spring. Just listed for $32 million is penthouse 88B, the first of the building’s four penthouses to arrive on the market. The suitably stunning 5,161-square-foot duplex home sits on the building's 88th floor near its crown. And even in a city filled with penthouses, several things make this one unique.
This way for more renderings and a floor plan

September 18, 2017

Former NBA player and coach Phil Jackson lists historic Osborne co-op for $5M

By Annie Doge

Shortly after taking over as president of the Knicks in 2014, NBA legend Phil Jackson rewarded himself with a gorgeous, historic apartment at The Osborne. But now that he's left the team (he and the Knicks "mutually parted ways" in June after a disagreement over player Carmelo Anthony's status) and lost his $12 million/year contract, he's decided to also part ways with the Billionaires' Row residence. Curbed reports that Jackson listed the three-bedroom apartment for $4,950,000, barely above the $4,895,000 that he bought it for.
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The Urban Lens: Zach Gross layers current and historic views of Penn Station

6sqft’s series The Urban Lens invites photographers to share work exploring a theme or a place within New York City. In this installment, photographer Zach Gross presents his series “Penn Station.” Are you a photographer who’d like to see your work featured on The Urban Lens? Get in touch with us at [email protected].

September 15, 2017

The Urban Lens: Zach Gross layers current and historic views of Penn Station

The original Penn Station, a Beaux-Arts masterpiece completed by McKim, Mead & White in 1910, evoked the kind of grandeur one would expect upon arriving in one of the greatest cities in the world, complete with a grand facade made of massive Corinthian columns and a 15-story waiting room with a steel and glass roof. This structure was demolished in 1964 and replaced with our present version, lacking any of the architectural merit or civic design of its predecessor. But recent years have sparked a renewed interest in transforming the station into an updated and better functional transit hub, falling under a $1.6 billion plan from Governor Cuomo. Well aware of both the history and future of Penn Station, photographer Zach Gross recently completed a unique series that layers historic imagery of the site with contemporary photos. He feels that, though the station is currently dysfunctional, "there’s still hope for a grand, more unified and uplifting structure," and it's this hopeful sentiment that shines through in his work.
Hear more from Zach and see his photo series

September 12, 2017

From gallery to solarium, $5.2M West Side condo takes classic Manhattan into the 21st century

This Parc Vendome apartment at 350 West 57th Street embodied a certain classic New York style long before West Midtown became Billionaires’ Row, when nearby Hell’s Kitchen was still a colorful jumble of old and new. The bright, pristine space rivals any in 21st century Manhattan when it comes taking art collecting and entertaining seriously, with a 27-foot gallery and a solarium as just a sampling of its enviable features, making the 2,600-square-foot unit’s $5.2 million ask seems like a deal.
Tour this classic four-bedroom beauty

Distinctive Homes

New renderings and construction photos reveal full design of Jean Nouvel’s 53W53 ‘MoMA tower’

Central Park View; Rendering by Hayes Davidson

September 7, 2017

New renderings and construction photos reveal full design of Jean Nouvel’s 53W53 ‘MoMA tower’

6sqft checked in almost a year ago on starchitect Jean Nouvel's MoMA-adjacent tower, 53W53 at 53 West 53rd Street, when photos from the Billionaires’ Row construction site showed the building getting the first of its intricate diagrid skin. Construction on the 82-story building recently reached the 58th floor, and newly-released renderings and construction photos show the full design of the 1,050-foot-tall tapered tower, which will have interiors by celebrated designer Thierry Despont, from crown to ground level. The new images also show how the Museum of Modern Art will have three new gallery levels within the tower's base on floors 2, 4 and 5.
Check out the renderings and photos this way

$2B redevelopment of Times Square’s Palace Theater gets new renderings

Rendering of the Palace Theatre entrance via Maefield Development

August 24, 2017

$2B redevelopment of Times Square’s Palace Theater gets new renderings

Two years since the plan’s approval by the LPC, the redevelopment of the historic Palace Theatre at 1568 Broadway is nearly ready to take off. The theater will be raised 29 feet above its current level, making room for 70,000 square feet of new retail and entertainment space. With help earlier this month from L&L Holding Company, who became an equity and development partner, the ambitious project continues to progress; as CityRealty discovered, new renderings show the theater enveloped by an expanded Doubletree Guest Suites hotel, a new glass facade, and a sweeping LED screen at its podium. And though the gilded Beaux-Arts interiors will be preserved (they're interior landmarks), some preservationists have expressed concerns that moving the actual structure is a bit too aggressive.
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August 22, 2017

90 apartments up for grabs at Extell’s 555Ten in Hudson Yards from $613/month

Applications are currently being accepted for the second phase of affordable apartments at 555 Tenth Avenue and 41st Street in booming Hudson Yards on Manhttan's West Side. Extell Development’s luxurious 610-foot-tall, the mixed-use tower includes 56 stories and spans 725,000 square feet. The amenities seem endless, with residential access to the building’s 24-hour fitness center with a yoga studio, indoor pool, outdoor rooftop pool, outdoor landscaped space, a bowling alley and a putting green. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from $613 per month studios to $2,875 three-bedrooms.
Find out if you qualify

Affordable Housing

MTA will ‘modify’ Times Square subway mosaics that resemble the Confederate flag

Image via Wiki Commons

August 18, 2017

MTA will ‘modify’ Times Square subway mosaics that resemble the Confederate flag

The day after Mayor de Blasio and Governor Cuomo announced plans to review and remove controversial public Confederate structures and markers throughout the city, the MTA says it will do the same. Well, sort of. Over 90 years ago, station architect Squire J. Vickers installed mosaics resembling the Confederate flag at the 40th Street entrance for the 1, 2, 3 trains to honor early New York Times owner and publisher Adolph S. Ochs, who had "strong ties to the Confederacy" and was buried with a Confederate flag when he died in 1935. But yesterday, MTA spokesperson Kevin Ortiz told Gothamist, "These are not confederate flags, it is a design based on geometric forms that represent the 'Crossroads of the World' and to avoid absolutely any confusion we will modify them to make that absolutely crystal clear."
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Cuomo releases new renderings of Moynihan Station as major construction gets underway

Iage via the office of the Governor

August 17, 2017

Cuomo releases new renderings of Moynihan Station as major construction gets underway

At a press conference this morning in the under-construction space, Governor Cuomo announced that major work has begun on transforming the James A. Farley Building into the state-of-the-art, 225,000-square-foot Moynihan Train Hall. Along with the news that the $1.6 billion project will create 12,000+ construction jobs and 2,500 permanent jobs, come new renderings of the station, showing more exterior views and looks at the 700,000-square-foot shopping and dining concourse.
All the renderings and more details this way

Bus station beneath Javits Center proposed in new plan to fix cross-Hudson commuter hell

Image via Office of Gov. Cuomo depicting the Javits’ upcoming expansion

August 17, 2017

Bus station beneath Javits Center proposed in new plan to fix cross-Hudson commuter hell

As the "summer of hell" days of emergency repairs to Penn Station's rail system roll by, the Regional Plan Association, a nonprofit transportation advocacy group, is intent on tackling the transit system's biggest messes; specifically, the association warned that “public transportation across the Hudson River is in crisis,” and is in the process of updating its regional plan to address that issue and other transportation snarls. Among the group's suggestions: building a terminal for intercity buses underneath the Jacob K. Javits center on Manhattan's West Side, the New York Times reports.
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August 16, 2017

Live at the legendary Osborne on Billionaires’ Row for just $399K

Share a gorgeous lobby with the rich and famous at the iconic Osborne at 205 West 57th Street. Yes, you’re seeing that right, the Billionaires’ Row address has a notable vacancy: This one-bedroom lobby-level co-op is asking just $399,000. That may sound more like a stingy holiday tip for residents of nearby trophy towers like One57, but it gets you a classic Midtown West address shared by celebrities current and past including Jessica Chastain, former Knicks president Phil Jackson, and Leonard Bernstein.
Find out more about this rare find

Distinctive Homes

August 11, 2017

$1.3M West Side duplex with a greenhouse and a double-decker roof is a gardener’s dream