Midtown

At a narrow Midtown lot at 1050 Sixth Avenue, construction is moving forward on a slender 24-story residential tower penned by New York's most beloved architect, Gene Kaufman. Rising behind the landmarked Bryant Park Studios Building (aka The Beaux-Arts Building), Kaufman's oft substance-less style will likely stand in sharp contrast to the charming 1901 structure. Skyline Developers, the New York division of Jersey-based Garden Homes Development, are the developers. The Orin Wilf-led firm owns the adjacent art-deco office tower at 1040 Sixth Avenue, and their new venture here will replace two turn-of-the-century walk-up buildings.
More details ahead

April 18, 2016

Robert A.M. Stern’s 220 Central Park South Gets Stoned; New Renderings and Construction Shots

At the forefront of Midtown's high-rise sierra, a new peak is emerging. Simply addressed 220 Central Park South, the two-winged development is being designed by celebrated historian and poet of the city's skyline Robert A.M. Stern and developed by commercial and retail heavyweights Vornado Realty Trust. The tower portion of the complex has already ascended some 300 feet above street level and is noticeable from many parts of Central Park. Ultimately, it will stand 66 stories, 950 feet high, making it among the tallest residential buildings in the city. The exclusive, Central Park South-fronting wing, dubbed "The Villas" is up to the third of 17 stories and will be topped by a palatial quadplex penthouse. Earlier this month, the tower's warm limestone cladding was being applied to the lower mechanical floors, which will have 18- to 24-foot-high ceilings, boosting the building's height by more than 100 feet and allowing nearly all its residences to possess Central Park views. To coincide with the construction work, Vornado recently published a collection of new renderings in a property portfolio, showing us for the first time several new looks at the project, including three full-scale views from Central Park and close-up looks at the base, porte-cochere, and an upper-level interior.
Check out the renderings and construction shots right here

April 14, 2016

Art Nerd New York’s Top Event Picks for the Week – 4/14-4/20

By Lori Zimmer

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers! This week, check out the giant swimming pool that is smack in the middle of Rockefeller Center, or frolic with the two-story bunnies in Battery Park City. Photographer Joe Russo shares pieces from his years of shooting celebs and artists, and the annual AIPAD photographer show takes over the gorgeous Park Avenue Armory. Music novelist Ben Vendetta talks about 90s Brit Pop at Otto's Shrunken Head, and old school graffiti artist BIO shares new work in the Bronx. And finally, save your pennies to party in style with Swizz Beatz at the Brooklyn Museum.
more on all the best events this way

Events & Things To Do

April 12, 2016

The Port Authority Paid $47.6M in 2015 to Cover Condé Nast’s Move to One WTC

Though the Port Authority of New York and New Jersey would like you to think it's been smooth sailing finding tenants for One World Trade Center, their spending habits say otherwise. As Crain's reported, more than a year after Condé Nast made the big move from 4 Times Square to One World Trade, the agency is still dropping $3 million a month to pay for the old lease. This deal came about in 2011 when the Port Authority offered the incentive to entice the media company to relocate amid floundering activity at the downtown tower. In 2015 alone, they spent $47.6 million, and the payments are expected to continue into 2019 (when the lease ends) unless building owner the Durst Organization can find a new tenant.
More details ahead

Policy

April 12, 2016

Luciano Pavarotti’s $10.5M Pied-à-Terre and Next Door Unit Listed as $20M Combo

The 2,000-square-foot co-op at the Hampshire House at 150 Central Park South that was for three decades the favorite Manhattan pied-à-terre of the late operatic tenor Luciano Pavarotti, is for sale for $10.5M–or as part of a two-unit, $20.5 million option to create a 3,300 square-foot three-bedroom dream home with two balconies and iconic Central Park views. The neighboring two-bedroom apartment–listed in February for $10 million–is about half the size of Pavarotti's place, but has a 40-foot terrace with park views from every room. The resulting three-bedroom combo has 72 feet of park frontage and the kind of stunning views Central Park South is known for. The opera star, who passed away in 2007, had several apartments in the city but was particularly fond of this one, in part because of its proximity to the Met. The other two members of the "Three Tenors" opera supergroup, Plácido Domingo and José Carreras have lived at this building as well at various times.
Take in the view, this way

April 11, 2016

How Much Is Eloise’s Plaza Apartment Worth? And Stuart Little’s Gramercy Townhouse?

By Michelle Sinclair Colman

It is well known that Eloise lived in The Plaza. But the book was published in 1955, well before Manhattan real estate skyrocketed. So what would her apartment be worth today? In fact, many children’s books have been set in New York City—think "Harriet the Spy" or "Stuart Little." In this day and age of record-setting prices, how much would those fictional characters have to pay to live in their homes today? Who would have seen the most appreciation, Eloise or Lyle Crocodile? Much detective work (à la Harriet) reveals the residences of a boy-mouse and a anthropomorphized girl dog span various neighborhoods including the Upper East Side, Gramercy Park, and Park Slope. What follows is a survey of six iconic picture books set in New York City and the current valuations of their fictional homes.
Check them out here

Real Estate Trends

The Country’s First Botanic Garden Was on 20 Wooded Acres at Today’s Rockefeller Center

View of Elgin Botanic Garden in 1801

March 30, 2016

The Country’s First Botanic Garden Was on 20 Wooded Acres at Today’s Rockefeller Center

Today, New Yorkers get to enjoy lush landscapes and beautiful plantings at the 250-acre New York Botanical Garden and the 52-acre Brooklyn Botanic Garden, but these outdoor oases weren't founded until 1891 and 1910, respectively. About 100 years prior, a public botanic garden sprouted up on 20 acres of land at what is today Rockefeller Center, and it was the first such garden in the nation. Elgin Botanic Garden was founded in 1801 by Dr. David Hosack, a physician, botanist, and educator, perhaps best known for serving as the doctor to Alexander Hamilton after his duel with Aaron Burr in 1804. He used his own money to purchase and landscape the grounds, and by 1805 it was home to more than 1,500 plant species, which he studied for medicinal purposes.
The full history of Hosack and the Elgin Botanic Garden

History

‘Eloise From Hell’ Spent 35 Years in the Plaza for $500/Month, Until Donald Trump Came Along

Illustration by Hilary Knight, courtesy of Simon and Schuster

March 28, 2016

‘Eloise From Hell’ Spent 35 Years in the Plaza for $500/Month, Until Donald Trump Came Along

Remember the story of Herbert J. Sukenik, the famous Central Park West "hermit holdout?" Developers paid the rent-controlled curmudgeon $17 million and gave him a free massive pad overlooking the park in a legendary buyout. His female counterpart might be one Fannie Lowenstein, whom none other than Donald Trump is said to have ended up bestowing a sprawling suite in the venerable Plaza Hotel at 1 Central Park South, complete with a Steinway grand piano and maid service. For zero dollars a month. For life. Here’s how the story of the woman the hotel staff referred to as “the Eloise from Hell” became yet another Manhattan rent regulation legend, as told by Vice.
Find out more

March 23, 2016

Breathalyzer Entrepreneur Lists Iconic Plaza Condo for $2.39M

A gracious layout, unique pre-war details–including the signature bathroom finishes–and amenities unmatched in any Manhattan building make this one-bedroom condominium in the legendary Plaza Hotel and Residences at 1 Central Park South as enviable now as ever. Currently asking $2.389 million, this perfectly maintained apartment offers all the cachet of Plaza living and every modern convenience. The home's floorplan–offering a spacious entry foyer and a huge living/dining space–could even handle the addition of another bedroom or any number of alternative configurations. The unit faces the garden, and oversized windows allow warm light to infiltrate every corner.
Tour this classic Central Park South home

Distinctive Homes

March 17, 2016

The Plaza Reportedly Headed to Foreclosure Auction Next Month

The Plaza, New York City's iconic 109-year-old hotel and residence (formerly known as the Plaza Hotel) at 1 Central Park South will head for the auction block next month, says Bloomberg Business. An unnamed source claims the storied hotel will be offered in a foreclosure auction on April 26 along with the Dream Downtown hotel in Chelsea. The two mortgages total about $500 million, according to the report.
Find out more

Events & Things To Do

March 16, 2016

Frank Lloyd Wright’s Former Plaza Suite Gets a Price Cut to $26M

The 4,000-square-foot Plaza suite that Frank Lloyd Wright once briefly called home just got a price reduction (and a broker change) from $39.5 million to $26 million (h/t Curbed). As 6sqft discovered last year, Wright lived in the corner apartment from 1954 to 1959 while he was working on the Guggenheim Museum. Though the architect's past residency certainly adds interest, the impressive pad at 1 Central Park South does a fine job impressing us on its own—and we're not alone, clearly, since the home was featured in Architectural Digest in 2014. Current owners James and Lisa Cohen (chairman of Hudson Media and home editor at DuJour magazine, respectively) bought the sprawling condo for $13 million in 2009 to use as a Manhattan pied-a-terre (their main residence is in New Jersey). Then they proceeded to gut-renovate and redesign the home with help from Louis Lisboa of VL Architects and interior designer Susanna Maggard. The apartment headed back to the market last year for a renovation-reflecting $39.5 million. Now the colorful, luxurious and impossibly large four-bedroom pad is asking a significantly slimmer but still sizeable $26 million.
READ MORE

March 10, 2016

Property Markets Group Shares New Eye Candy of 111 West 57th Street

Here's a new set of images of Property Markets Group's and JDS Development's 111 West 57th Street. In case you haven't been paying attention, the highly-anticipated tower will be among the tallest residential skyscrapers in the world, climbing some 1,421 feet high to its tip. Designed by SHoP Architects, the feathery spire is sheathed in terra cotta, bronze and a glass curtain wall. The tower will be the most slender skyscraper in the world with a height to width ratio of 24:1.
More renderings ahead

A 1960s Plan to Cover Midtown Manhattan With a Giant Geodesic Dome

Buckminster Fuller and Shoji Sadao Dome Over Manhattan, 1960. Image courtesy of the Estate of R. Buckminster Fuller.

February 26, 2016

A 1960s Plan to Cover Midtown Manhattan With a Giant Geodesic Dome

During the 1960s and 1970s, thanks to future-thinking genius engineer/utopian Buckminster Fuller, plans were proposed to cover midtown Manhattan with a giant geodesic dome. Fuller, who invented the concept and was deeply invested in studying the domes and their properties, described a three kilometer (1.864 mile) geodesic dome spanning midtown Manhattan that would regulate weather and reduce air pollution. The proposed structure would have stretched from the East River to the Hudson River and from 21st Street to 64th Street. The dome would reduce cooling costs in summer and heating costs in the winter, so buildings wouldn't need separate heating or cooling–the dome above would be kept at a regulated temperature level.
Find out more

History

February 16, 2016

My 1,640sqft: Inside Chef Devin Gaffney’s Rent-Stabilized Classic Six on Billionaires’ Row

By Diane Pham

Our ongoing series “My sqft” checks out the homes of 6sqft’s friends, family and fellow New Yorkers across all the boroughs. Our latest interior adventure brings us to chef Devin Gaffney's Central Park South home. Want to see your home featured here? Get in touch! Whenever 57th Street and the few blocks that cluster Central Park South make the news, headlines usually swirl around how there's a brand new multi-billion dollar tower on the rise or how a condo in One57 just broke some city record. But lest we forget, many mere mortals like ourselves still fill out the more elfin edifices surrounding these supertalls. One such resident is Devin Gaffney, a chef (he's whipped up dishes at Brooklyn's beloved Speedy Romeo and No. 7) who not only grew up in the area, but moved away, spent 10 years in Brooklyn, and then moved back to the island into the same apartment he called home during his formative years. Ahead, Devin takes us through his eclectic, art-filled (many works centuries-old) classic six in a 1913 construction built for musicians just a block from Carnegie Hall, a block from Central Park, and right smack in the middle of one of New York City's most coveted and most expensive areas.
Go inside Devin's home here

February 12, 2016

Revealed: Central Park Tower Shows Off Its Retail Base

Now dubbed the Central Park Tower, Extell's 1,550-foot-tall supertall on Billionaires' Row was originally known as the Nordstrom Tower, so named because of its ground-floor tenant who will be opening their first Manhattan flagship store. But despite the fact that we architecture nerds were saying "Nordstrom" for years, we had no idea how the store would actually factor into the 95-story building's overall design (which was recently knocked down from a whopping 1,775 feet with the loss of its spire). But now, the Seattle Times (the department store is based out of the Washington city) has revealed renderings of the retail base, reports NY Yimby.
All the details and renderings

February 5, 2016

432 Park Avenue’s First Recorded Sale Just Became Its First Listed Rental for $60K a Month

Less than a month after 432 Park Avenue recorded its first sale at $18,116,000, the first unit to close at the Billionaires' Row blockbuster has appeared on the rental market for $60,000 a month (h/t Curbed). As 6sqft previously reported, "The unit is #35B, a massive 4,003-square-foot, three-bedroom pad with four-and-a-half baths, a private elevator landing, and 10-foot by 10-foot windows providing southern and western exposures with park views." It was purchased via an LLC, 432 PARKVIEW, but now that it's been re-listed as a rental, it's also the first apartment whose interiors we get a peek at outside the generic, digitally-enhanced promotional images that accompany listings.
Take a look at the generic, non-digitally-enhanced interiors

February 1, 2016

Why Is There a Sixth-and-a-Half Avenue in Midtown?

If you've never heard of it, that may be because this quarter-mile, pedestrian-only street is nearly hidden among the office towers of Midtown. Sixth-and-a-Half Avenue was the first fractional street in the city’s grid system, created in 2012 by the Department of Transportation to encourage people to use the public plazas and covered areas that form a path between 51st Street to 57th Street.
So where is it?

Savanna Fund Files Permits to Demolish Billionaires’ Row Building

500-foot tall massing model depicted at the site. Image courtesy of CityRealty

January 29, 2016

Savanna Fund Files Permits to Demolish Billionaires’ Row Building

New York City-based real estate private equity firm Savanna Fund has filed permits with the Department of Buildings to demolish a 12-story, 36,000-square-foot office building at 106 West 56th Street. No plans for the 5,000-square-foot lot have been announced, but its location along Billionaires' Row and three blocks south of Central Park makes it well suited for another slender residential or hotel tower. The 50-foot by 100-foot lot is zoned at one of the city's highest as-of-right densities and could therefore yield a building of roughly 80,000 square feet of zoning area without any development rights transfers. Above 350 feet in height, north facing spaces would have partial views of Central Park.
More details ahead

New Developments

Extell Files Permits to Demolish Six Midtown Buildings for a New Mega Development

A Google street view of the six buildings set to be razed

January 14, 2016

Extell Files Permits to Demolish Six Midtown Buildings for a New Mega Development

Yesterday, Gary Barnett's Extell (the developer behind the Nordstrom Tower, One57, and the controversial 250 South Street, to name just a few) filed a string of demolition permits with the city's Department of Buildings to raze six buildings along West 46th Street between Fifth and Sixth Avenues. The doomed four- and five-story structures are at 3 West 46th Street, 5 West 46th Street, 7 West 46th Street, 9 West 46th Street, 11 West 46th Street and 13 West 46th Street. And on Monday, The Real Deal reported that Barnett has secured ownership of two neighboring properties at 562 and 564 Fifth Avenue from Thor Equities and SL Green Realty. The prolific developer also owns 2 and 10 West 47th Street on the northern side of the block in the heart of the Diamond District. Back in 2014, sources said that Extell was planning for a new hotel tower at the site, but given the large amount of land the savvy developer has assembled (more than 30,000 square feet by our count) it will likely yield the largest tower built on Fifth Avenue in more than a generation.
More details ahead

New Developments

January 12, 2016

See How 6 Columbus Circle Could Change the Central Park Skyline

Last Friday, a marketing brochure was released promoting the sale of 6 Columbus Circle, an 88-room boutique hotel that exudes a modernist '60s flair throughout its spaces. While the brick and limestone gem owned by the Pomeranc Group received an ungainly five-story addition in 2007, its ornate 58th Street facade survived intact–though now, its days may be numbered. The New York Observer reported last month that the owners have placed the building up for sale, tapping Cushman & Wakefield as exclusive marketers. With angled views of Central Park starting at less than 100 feet above street level, a source estimates the property could fetch a staggering $1,400 per buildable square foot, a pot of gold to developers' eyes. And the marketing brochure makes the possibilities very clear, conceptualizing a 700-foot-tall, mixed-use spire from the nimble, 42-foot-wide lot.
See how this could change the skyline

January 8, 2016

432 Park Avenue Records Its First Blockbuster Closing at $18.1M!

By Diane Pham

And so it begins! Closings at Macklowe Properties/CIM Group's Billionaires' Row blockbuster 432 Park Avenue have officially commenced with its first sale showing an impressive $18.116 million figure, as city records released this afternoon reveal. The unit is #35B, a massive 4,003-square-foot, three-bedroom pad with four-and-a-half baths, a private elevator landing, and 10-foot by 10-foot windows providing southern and western exposures with park views. Documents show that the palatial home was purchased via a LLC, 432 PARKVIEW.
more on the sale and the floor plan here

January 6, 2016

$1.4M for a DIY Duplex on a Heavenly Hell’s Kitchen Block

Tucked into the top two floors of 521 West 47th Street, a 1910 co-op loft building that was once a commercial bakery, "Penthouse C" is a package deal priced at $1.4 million consisting of units #3C and #4C and the roof space above them. The listing calls it an "Extremely rare and exciting 'once in a lifetime' chance to combine two authentic lofts plus the corresponding roof space to create your own 3-4 bedroom 3 bath penthouse," though that may take some doing; in their current form, the two spaces offer two different flavors of loft-y bohemian charm.
Check out this unique space

Distinctive Homes

Should the City Impose a ‘Window Tax’ for Billionaires’ Row Central Park Views?

Google Earth rendering from CityRealty showing some of the supertalls around the south end of Central Park

December 31, 2015

Should the City Impose a ‘Window Tax’ for Billionaires’ Row Central Park Views?

"The builders are charging up to $100 million for apartments that offer helicopter views of lush foliage, jagged skylines, soothing rivers and angelic clouds. They lure the superrich, many with suspect foreign assets, to sky-high mansions. They enrich themselves by exploiting weak zoning rules to pour hideous implants into Manhattan cavities." All of this, says Max Frankel, who was the executive editor of The Times from 1986 to 1994 and lives half a block from Central Park, may need some consequences. And he wonders if this should come in the form of a "user fee," where residents of these Billionaires' Row towers would have to pay a monthly "window tax" based on how high in a given tower their unit is located. And according to his "back-of-the-envelope calculations," this could bring in roughly $1 million a year per building for the city to use on public projects like street work, parks, education, and affordable housing.
More details ahead

December 9, 2015

VIDEO: Watch Ironworkers Set Panels on Bjarke Ingels’ Via Tetrahedron

Earlier today, 6sqft announced that Via, aka BIG’s 57th Street tetrahedron, is the winner of the 2015 Building of the Year competition. What likely made the starchitect-designed rental building such a frontrunner is its unusual shape, rising 460 feet from its site. Since progress has been right on track, it's easy to forget that the unconventional form yields some unique design and construction challenges. In this video from from Ironworkers Local 580, who set a Gopro up on the crane, we can see the skill required to set the shimmering panels on the slope wall. We also get a very vertigo-inducing view of the building from its apex looking down.
Watch the full video

December 9, 2015

Revealed: Crowne Plaza Hotel Rises South of Times Square, Boasts Streetwall-Friendly Atrium