6sqft | NYC local news, events, and apartments

What to do when sitting in Penn Station for hours waiting for yet another late train? A cold beer sounds like a good idea. And that's exactly the mindset that Blue Point Brewing Company is capitalizing on with their clever albeit gimmicky new "Delayed" pilsner. The cans resemble the station's departure board with the Long Island destinations showing as, you guessed it, "delayed." Newsday tells us that the cans will be available at Penn Station's Shake Shack starting Monday, followed by elsewhere in the home of the "summer of hell."
Find out about the beer's launch party

Artist’s triplex inside an 1888 ink and brush factory asks $3.95M in Gowanus

Image via BHS

August 9, 2017

Artist’s triplex inside an 1888 ink and brush factory asks $3.95M in Gowanus

This renovation of a former ink and brush factory in the heart of Gowanus hits all the right notes, hearkening back the neighborhood's industrial roots and channeling the current artsy vibe that permeates the blocks. Located at 459 Carroll Street, the residence occupies three floors of a massive brick structure built back in 1888, stretching more than 4,600 square feet of live/work space across three stories built atop a 25-foot by 100-foot lot. The super-sized property also comes with three generously proportioned artists studios and a beautiful 900-square-foot planted terrace engulfed by views of neighboring gardens and the cityscape. If you're on the market for unpretentious luxury and lots of space to sprawl out in or wield a paintbrush, all of this can be yours for $3.95M.
see more inside

Distinctive Homes

August 8, 2017

Elizabeth Arden’s former Sutton Place townhouse hits the market for $16M

A single-family townhouse in affluent Sutton Place has hit the market for $16 million. The home, located at 4 Sutton Square, was built in 1921 for Henry Sprague, the inventor of the Sprague gas meter. Beauty entrepreneur Florence M. Lewis, better known professionally as Elizabeth Arden, and Michael Jeffries, president of Abercrombie & Fitch, have also called the exclusive, five-story pad home. Last year, the 4,000-square-foot, four bedroom home was on the market for $19.95 million.
See inside

Construction officially underway at Delta’s new $4B LaGuardia facilities, new renderings and details

Interior rendering of Delta’s eastern half, via Governor Andrew Cuomo

August 8, 2017

Construction officially underway at Delta’s new $4B LaGuardia facilities, new renderings and details

Governor Cuomo first unveiled his plans for a revamped LaGuardia Airport two years ago. Since then, the cost has ballooned from $4 to $8 billion, with $4 billion alone going towards Delta's rebuilt 37-gate facilities. As of today, construction has officially begun on this part of the project, with the Port Authority signing a new, long-term lease with Delta Air Lines, which "marks the beginning of construction on the final component of the entirely new, unified airport at LaGuardia, which will provide all LaGuardia travelers with state-of-the-art amenities and expanded public transportation, including the planned AirTrain," according to a press release from the Governor. And along with the terminal's physical groundbreaking, he shared new details and renderings.
Get it all here

Updated view of 3 Hudson Boulevard adds 300-foot spire, making it tallest in Hudson Yards

Rendering of 3 Hudson Boulevard courtesy of FX FOWLE

August 8, 2017

Updated view of 3 Hudson Boulevard adds 300-foot spire, making it tallest in Hudson Yards

The supertall skyscraper at 3 Hudson Boulevard just got a major upgrade. New renderings of the tower reveal a new crown, a 300-foot spire, which would make it the tallest in the Hudson Yards neighborhood, as well as an updated design. As YIMBY discovered, 3 Hudson Boulevard, formerly known as The Girasole, may rise to 1,350 feet tall, rivaling many supertalls like 30 Hudson Yards and 432 Park Avenue, the city’s fifth tallest building.
Details ahead

New renderings of proposed Triboro Corridor, 17-stop outer borough light rail and linear park

Rendering: Only If + One Architecture

August 8, 2017

New renderings of proposed Triboro Corridor, 17-stop outer borough light rail and linear park

Back in June, the Regional Plan Association (RPA), an urban research and advocacy organization, in conjunction with the Rockefeller Foundation, announced a design competition asking for proposals that would transform various areas of the New York metropolitan region. One of the four ideas chosen to receive $45,000 was a transportation alternative that would serve the Bronx, Queens, and Brooklyn. As 6sqft reported, the proposal, developed by New York-based firm Only If along with Netherlands-based firm One Architecture, focuses on using a light rail to move passengers between the outer boroughs to alleviate some of the overcrowding that has plagued the current subway system with delays. On August 4, the organizations held an event at Fort Tilden to mark the opening of a public presentation of the selected proposals. "4C: Four Corridors: Foreseeing the Region of the Future" spotlighted this plan to strengthen the Triboro Corridor, a plan to address the future of the suburbs, and more.
See the renderings and learn more

My 900sqft: Artist Ehren Shorday adorns his Bushwick loft with ‘trash’ and treasures

6sqft’s ongoing series “My sqft” checks out the homes of New Yorkers across all the boroughs. Want to see your home featured here? Get in touch!

August 8, 2017

My 900sqft: Artist Ehren Shorday adorns his Bushwick loft with ‘trash’ and treasures

When Ehren Shorday moved into this giant Bushwick loft a little more than six years ago, his main focus was making the industrial space feel like a home. Originally from antique-haven New Hope, he chose to go with a "southeastern Pennsylvania river town vibe," but as an artist who didn't have a ton of money, he achieved this aesthetic by furnishing the 900-square-foot space with "trash," or perhaps more eloquently put, "found treasures." Aside from the rug and his parents' two club chairs, which he brought with him when he moved to New York 13 years ago, everything in the apartment was found, from the church pew and diner banquet table to the porcelain bathtub that's been repurposed as a chaise lounge. Ahead, Ehren gives us the grand tour and fills us in on the story behind his prized possessions.
Take a video and photo tour and hear more from Ehren

August 8, 2017

NYPL’s historic Rose Main Reading Room is officially an interior landmark!

In May, State Senators Brad Hoylman and Liz Krueger drafted a letter to the Landmarks Preservation Commission asking them to designate the Rose Main Reading Room (one of the largest uncolumned interior spaces in the world) and the Bill Blass Public Catalog Room at the iconic Stephen A. Schwarzman Building on 5th Avenue as interior landmarks. Though the LPC has been criticized in the past for their backlog of potential landmarks, they quickly put the request on their schedule and just this morning voted unanimously in favor of the designations, which protect the spaces' murals, decorative plasterwork, metal and woodwork, light fixtures, windows, doors, balconies, built-in bookcases, and decorative elements.
Get the full scoop

Policy

Distinctive Homes

$1.4M Fort Greene co-op has a sprawling solarium, a charming parlor and just a hint of loft

$2.35M Gramercy co-op wraps classic pre-war style with vintage opulence–plus a key to the park

For $3M, this two-family Crown Heights townhouse fills every available inch of space with great style

For $1.45M, this barrel-fronted Bay Ridge home offers three floors for living and lots of outdoor space

This $1.3M condo keeps the classic East Village spirit alive

Highest condo on the Brooklyn waterfront asks $7M

For $995K, this two-bedroom Park Slope condo is a breath of fresh air

This $8.75M Village townhouse is a downtown dream home with an elevator, three terraces, and a rooftop office suite

For $20.5M, West Village townhouse meets suburban mansion behind a historic facade

6sqft’s top ‘distinctive homes’ of 2024

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U.S. Army won’t remove Confederate street names in Brooklyn

General Lee Avenue and Robert E. Lee’s former home on Fort Hamilton, via Jeremy Bender/Business Insider

August 8, 2017

U.S. Army won’t remove Confederate street names in Brooklyn

Despite a push from advocates and politicians, the United States Army decided to keep the names of two streets in Brooklyn that honor Confederate generals. The streets, General Lee Avenue and Stonewall Jackson Drive, can be found in Fort Hamilton, the city’s last remaining active military base. Brooklyn Congresswoman Yvette Clarke, along with U.S. Reps Jerrold Nadler, Nydia Velazquez and Hakeem Jeffries, had written to the Army in June asking them to consider changing the street names. As the Daily News reported, the Army said the names will stay because they remain an “inextricable part of our military history.”
Find out more

‘X-ray’ subway station maps help navigate NYC’s complex underground paths

Sketch of 59th Street-Columbus Circle via Candy Chan

August 8, 2017

‘X-ray’ subway station maps help navigate NYC’s complex underground paths

While the official map of the New York City subway clearly labels which station comes next, it’s not very good at showing the actual geographic distance between stations or what the paths and tunnels look like in order to take the right exit. Like many New Yorkers, architect Candy Chan developed a love-hate relationship with the subway. As CityLab shares, after feeling constantly lost when trying to navigate the city underground, Chan created Project NYC Subway, which includes photographs, architectural drawings, and a series of three-dimensional sketches that display what the complex stations really look like.
See the x-ray-esque drawings

Transit

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

Images (L to R): The Ritz Plaza, The Forge, 581 Ocean Parkway and The Westmont

August 8, 2017

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

By Ondel Hylton

‘One Dutch’ Rentals Launch in the Financial District with Flex Layouts from $3,886/Month [link] See Newly Unveiled Model Units at the “Elegant and Striking” Long Island City Rental Tower, The Forge [link] Chelsea’s The Grove Offers One Month Free & Discounted Deposits for Andre Kikoski-Designed Apartments [link] Evolving Block on Ocean Parkway Gets 8-Story Luxury […]

Real Estate Trends

August 7, 2017

For less than $300K, own a huge Italianate home in what may be New Jersey’s next hot spot

There's no denying that the gentrifying-at-lightning-speed town of Asbury Park, NJ is one of the state's hippest cities (it even got the Times treatment this weekend). One of the key players in the resurgence has been the Smith Group, who've opened some of Asbury's most popular bars and restaurants, as well as a condo project. The developer is now hoping to replicate this success in Burlington, NJ, a historic city on the Delaware River just 90 minutes outside NYC. And though the transformation is already underway (Smith bought four old homes and is turning a decommissioned firehouse into a trendy restaurant/bar), the time to buy in Burlington is now, as gorgeous 18th- and 19th-century homes can still be gotten for a bargain. Take this 1793 Italianate stunner; it's situated on a half-acre corner lot, occupies 3,300 square feet, and is asking just $278,950 (h/t CIRCA).
Tour the home here

Why Central Park hasn’t had a six-figure crowd since Garth Brooks’ concert 20 years ago

Via Stephiejeanne on Pixabay and Steve Jurvetson on Flickr

August 7, 2017

Why Central Park hasn’t had a six-figure crowd since Garth Brooks’ concert 20 years ago

On Aug. 7, 1997, country-music superstar Garth Brooks held a free concert in Central Park, known as “Garthstock,” as part of his 1996-1998 world tour. The show was a hit, featuring special guests Billy Joel and Don McLean, and was streamed live on HBO. The massive crowd filled the park’s North Meadow to capacity, holding a record number of 750,000 total concert-goers. However, Garth’s show became the last six-figure crowd to attend a concert in Central Park because, after that, city officials started to count crowds more accurately. Twenty years later, we know now that Garth’s concert most likely drew nowhere near that staggering number of fans, despite what authorities first reported.
Find out more

History

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

A rendering of One Hudson Yards, designed by renowned architecture firm Davis Brody Bond. (Image via onehudsonyards.com/Related)

August 7, 2017

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

The new luxury rental residences at One Hudson Yards at 530 West 30th Street, part of Manhattan's largest new mixed-use development, have begun leasing for the 30-story building's 178 apartments which range from one to three bedrooms (and one four-bedroom penthouse) according to a press release from Related Companies. The building's architecture is by Davis Brody Bond; interiors are by Andre Kikoski, who also designed the building's peerless collection of luxury amenities. Of particular note are extra-tall windows set into a modern curtain wall façade that offer breathtaking views of out over the Hudson River, the surrounding West Chelsea neighborhood and all of Downtown Manhattan–as well as Heatherwick Studios’ "Vessel" sculpture.
Find out more details

An insider’s guide for first-time homebuyers in NYC

Photo via New York Law School/Flickr

August 7, 2017

An insider’s guide for first-time homebuyers in NYC

By Alison McQueen

6sqft’s ongoing series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. This week, Corcoran realtor Alison McQueen shares her personal guide for first-time homebuyers in NYC. Many first-time homebuyers in NYC are doubtful they'll find a great place within their budget, but every single client I've worked with has closed on a home, and they say buying was one of the best decisions they ever made. To make this dream a reality, you'll want a clear understanding of your finances and how much you'd like to spend; the top five things you want in a home; and a sense of your preferred neighborhoods based on potential commute, area amenities; and ideal budget. Sound overwhelming? That's where a team of professionals comes in, including a real estate agent, real estate attorney, and home inspector. The best way to enter the purchase process is as an informed consumer, as you’ll have an easier time targeting and getting what you want. To make the process a bit easier, I've put together a handy list of the key things to consider when embarking on the purchase path in New York City.
All the tricks of the trade

Follow-up report says next year’s 11 percent NYC vacancy rate is bogus

Image: Pexels

August 7, 2017

Follow-up report says next year’s 11 percent NYC vacancy rate is bogus

6sqft recently reported on a forecast by online real estate marketplace Ten-X predicting a precipitous threefold spike in New York City’s apartment vacancy rate that could even exceed 11 percent by the end of next year as thousands of new apartments hit the market, adding up to a "grim reckoning” for landlords. Now, a Crains reporter tells us that skeptics like marketing-consultant-to-developers Nancy Packes, who said the prognostication of a rental market meltdown “didn’t make any sense,” could be right after all.
Let's hear more

Real Estate Trends

De Blasio wants to tax rich New Yorkers to fund subway repairs

Image Public Domain

August 7, 2017

De Blasio wants to tax rich New Yorkers to fund subway repairs

Continuing this summer’s subway saga, Mayor de Blasio announced a plan on Sunday that would tax the wealthiest 1 percent of New Yorkers to fund the system’s much-need repairs and renovations. The proposal, which requires Albany’s approval, would also provide half-price MetroCards for low-income straphangers. As the New York Times reported, the “millionaires tax” would increase the tax rate of the city’s wealthiest residents to 4.4 percent from roughly 3.9 percent for married couples with incomes over $1 million and for individuals who make more than $500,000 annually.
Find out more

Elegant brownstone co-op in Park Slope asks $1.4M

This 1,100-square-foot co-op apartment within a completely charming historic Park Slope brownstone at 357 6th Avenue has two bedrooms and an office, plenty of light, and a laundry room to keep things sparkling. It's a three-flight ascent, but once you're inside you won't find too much to complain about. It's asking $1.395 million.
Take a room by room tour

Distinctive Homes

Eight affordable units up for grabs in trendy South Williamsburg, two-bedrooms from $1,440

Image via Google Street View

August 4, 2017

Eight affordable units up for grabs in trendy South Williamsburg, two-bedrooms from $1,440

By Diane Pham

Starting August 7, qualifying applicants can begin applying for eight newly renovated units at 383 Hewes Street, a six-story, 23-unit brick residence constructed in 1927. The building is located in South Williamsburg along a quiet residential block, which like the rest of the neighborhood, is seeing an increasing number of new developments appear. 383 was recently redeveloped via Los Sures, a community-based, non-profit focused on rehabilitating the south side of Williamsburg for low-income families and individuals. Of the available affordable units, two- and three-bedrooms will be priced between $1,440-$2,198 and $1,664-$2,538 respectively, adjusted for household income.
Find out if you qualify

Affordable Housing

August 4, 2017

This little Chelsea studio with cool custom details and a stunning wood wall is asking $589K

As soon as you move into this 560-square-foot loft-style Chelsea studio at 85 8th Avenue, you'll be convinced you've snagged the coolest apartment in the neighborhood. It was formerly a one-bedroom, it's just had a full renovation...and the space is divided by a custom-milled wooden wall that runs the length of the bedroom area. Not convinced? There's also a walk-in closet, a Juliet balcony and Empire State Building views, all for $589,000.
That's the kind of wall we like to see

Distinctive Homes

Metered NYC taxis turn 110 years old this month

Image via Wiki Commons

August 4, 2017

Metered NYC taxis turn 110 years old this month

110 years ago on August 13th, one of the cornerstones of New York City life, the first metered taxicab, rolled into the city's streets. The metered fare idea was born, fittingly, in 1907 when Harry N. Allen was smacked with a five dollar fare ($126.98 in today's dollars) for being driven a quarter of a mile in a horse-drawn hansom cab. Allen imported 65 gas-powered cars from France, painted them red and green, and started the New York Taxicab Company. The elven hues were replaced by the iconic yellow shortly thereafter so they could be seen from a distance, and a year later 700 cabs were nowhere to be found when you wanted one.
Find out more

No state is spared a roasting in this 19th-century nickname map

Image: Library of Congress

August 4, 2017

No state is spared a roasting in this 19th-century nickname map

When a livestock supply company tries to get clever, the result is likely to be something like this "odd and obscure" (h/t Slate) map of the U.S. showing common state nicknames of the day, many of which haven't changed since the map was printed as a promotional offering by H.W. Hill & Co. in 1884. Each state's nickname is illustrated by a portly porker doing whatever it is that state would probably rather not be known for doing best: New York's "knickerbocker," Ohio's "buckeye" and Michigan's "wolverine" are present and accounted for; Kentucky's "corn cracker" and Georgia's "cracker" are similarly skewered.
This way for more pig tales

History

August 4, 2017

The Urban Lens: Documenting the change in Tribeca from the early 1900s to present day

6sqft’s ongoing series The Urban Lens invites photographers to share work exploring a theme or a place within New York City. In this installment, Ivan Kosnyrev shares before-and-after photos of Tribeca. Are you a photographer who’d like to see your work featured on The Urban Lens? Get in touch with us at [email protected]. When Ivan Kosnyrev and his partner moved to Tribeca from Russia three years ago, they knew no one. To get themselves acclimated with their new home, they decided their first "friend" should be the city itself. Ivan, a philosopher by education and IT manager by profession, immersed himself in New York City guide books and blogs, getting so well versed that he eventually began giving his friends informal walking tours of the area. And when he discovered the New York Public Library's OldNYC collection, an interactive map with photos from the 1870s through the 1970s, he decided to embark on a project that he could share with even more people. After selecting a group of archival Tribeca images, he went out and took present-day snapshots of the same locations, providing a neighborhood-specific view of just how much NYC has changed (and in some cases, hasn't!) over the past 100 years.
READ MORE

August 4, 2017

Celebrity chef Rachael Ray is selling her Southampton home for $5M

Food Network star and cookbook author Rachael Ray has put her Southampton home on the market for $4.9 million. According to the Wall Street Journal, the 3,650-square foot home sits on six acres and includes three bedrooms, state of the art kitchen and a pool with a pool house. Ray and her husband, John Cusimano, paid $2.6 million for the home in 2008. The couple thoroughly renovated the pad after buying it, filling it with the star’s own furniture brand. The home connects to the Southampton Golf Club, providing plenty of trees and beautiful gardens.
See inside

After lease dispute, Secret Service vacates Trump Tower for trailer outside

Photo of Trump Tower via Krystal T’s Flickr

August 4, 2017

After lease dispute, Secret Service vacates Trump Tower for trailer outside

The Secret Service has left its central command post inside Trump Tower after an argument between the agency and the Trump Organization over the lease agreement for the space. While the Secret Service previously placed its supervisors and backup agents one floor below the president's apartment, the Washington Post reported that in early July, the agents were relegated to a trailer on the sidewalk. Although President Trump has not been to his eponymous tower since he was inaugurated in January, the Secret Service still treats Trump Tower as the president’s permanent residence.
Find out more

Celebrities

August 4, 2017

There are historic details in the bathroom of this $2.3M Park Slope brownstone duplex

Everything you need to know about affordable housing: applying, getting in, and staying put

Converted from a single-family brownstone mansion, this Park Slope duplex still has much of its historic detailing on display--even in the bathroom. The home is located at 120 Prospect Park West, a stretch that faces Prospect Park and is known for impressive architecture built for wealthy Brooklynites. The modern-day asking price is $2.3 million for two levels of the building, one of which is the parlor floor, about 2,000 square feet awash in wood carvings and stained glass.
You'll want to see the bathroom

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‘Heard it through the grapevine?’ The source was probably at 6th Avenue and 11th Street

6th Avenue and 11th Street, 1905. Image via Ephemeral New York,

August 3, 2017

‘Heard it through the grapevine?’ The source was probably at 6th Avenue and 11th Street

By Andrew Berman of Village Preservation

On August 6, 1966, the first known recording of "I Heard It Through The Grapevine" was made by the Miracles. Written by Motown pioneers Norman Whitfield and Barrett Strong, the song was re-recorded several times, most famously by Gladys Night and the Pips and Marvin Gaye, whose version landed on the top of the charts for seven weeks in early 1969. But the famous saying about receiving important news or information through a person-to-person chain of communication significantly pre-dates the Motown era. In fact, plentiful evidence and credible sources say it all goes back to a beloved tavern on the corner of 6th Avenue and 11th Street in Greenwich Village.
more on the history here

History

Apply for 64 affordable units in new Brownsville supportive housing building, from $670/month

Rendering of Stone House via Urban Architecture Initiatives

August 3, 2017

Apply for 64 affordable units in new Brownsville supportive housing building, from $670/month

Construction began in 2015 for the Stone House at 91 Junius Street, a six-story, 161-unit building on the border of Brownsville and East New York. The supportive housing initiative comes via nonprofit Win, the largest provider of shelter for homeless families in New York City, who run two shelters just to the north of this site, according to CityRealty. The Stone House will reserve 96 units for homeless families and 64 for low-income households earning 50 or 60 percent of the area media income. The latter group has now become available through the city's affordable housing lottery, with apartments ranging from $670/month studios to $1,224 three-bedrooms, all of which have access to the building's offerings such as ground-floor retail, on-site laundry, a community room, outdoor playground, and on-site social services.
See the qualifications

Affordable Housing

ARCHIPORN is an interactive map for lovers of architecture and design

Map via archipornguide.com

August 3, 2017

ARCHIPORN is an interactive map for lovers of architecture and design

While it may sound NSFW, the online guide ARCHIPORN is simply an informative guide to the world’s most beautiful architectural works, including various bookshops and institutions that specialize in architecture. First developed in 2008 by Brazilian architects Marcio Novaes Coelho Jr. and Silvio Sguizzardi, the project aims to identify and share information about iconic works from professionals around the world. The guide is chronologically organized, with different colors representing different eras. According to ArchDaily, cateogories range from before the year 1750, prior to the Machine Age, to recent works of 2010 and beyond.
Explore the map

Architecture And Design

Celebrate Coney Island’s history with free events at Deno’s Wonder Wheel Park this Saturday

Deno’s Wonder Wheel courtesy of kzoop’s Flickr

August 3, 2017

Celebrate Coney Island’s history with free events at Deno’s Wonder Wheel Park this Saturday

While New Yorkers have been celebrating the historic seaside resort all summer long, this weekend the Coney Island History Project is hosting its seventh annual history day. On Saturday, August 5, from 12 p.m. to 5 p.m., attendees can learn about all of the classic rides and attractions of Deno’s Wonder Wheel Park, take a self-guided tour, and listen to free folksy music. Since it was built in 1920, more than 40 million people have experienced the park’s iconic Wonder Wheel.
Details ahead

Events & Things To Do

August 3, 2017

Crumbling castle in Westchester County with a storied past seeks $3.7M

Built in 1927 by David T. Abercrombie, Elda Castle, as it was known, was named after the first letter of each of his four children's names (h/t Curbed). Abercrombie was the founder of Abercrombie and Fitch, which was originally a purveyor of high-end hunting and safari gear. The vision of his wife, Lucy Abbott Cate—the project's architect—was the driving force behind the 4,337-square-foot steel-girded estate of granite and local fieldstone at 249 Croton Dam Road that once had 25 rooms, arched doorways, a tower accessed by a winding spiral staircase of cast iron and too many courtyards and patios to count. The fascinating home sits on 49.5 acres in the Westchester County town of New Castle (though it has an Ossining postal address). It's in need of total renovation, and if the internet is to be believed, whoever buys this romantically overgrown estate currently asking $3.69 million may have quite an adventure on their hands.
Find out more about this storied estate

A giant, undulating 3-D billboard will debut in Times Square this month

Image via Radius Displays

August 3, 2017

A giant, undulating 3-D billboard will debut in Times Square this month

By Diane Pham

Real New Yorkers will do anything they can to avoid the chaos of Times Square, but debuting in less than a week is a technological marvel that might draw even the most Midtown-adverse out of their Uptown or Downtown havens. As CityRealty first reports, Radius Displays, a leading digital sign producer, has plans to introduce a massive 3-D video display in the ad-drenched stretch this month. The billboard, which they are billing as "unlike anything else in Times Square, or indeed the world,” will not only span an impressive 2,600-square-feet but be made up of thousands of individual panels capable of creating mind-boggling Inception-like effects.
more details here

Despite legal troubles, the first units at 111 West 57th Street go into contract

Rendering of 111 West 57th Street via Property Markets Group

August 3, 2017

Despite legal troubles, the first units at 111 West 57th Street go into contract

Just last week, 6sqft covered the financial and legal woes of Property Markets Group and JDS Development’s super tall and slender tower at 111 West 57th Street. Despite reports that construction had stalled over budget overruns and a potential foreclosure, the first condominiums, at what is lined up to be the world’s future tallest residential skyscraper, just went into contract (h/t The Real Deal). While Apollo Commercial Real Estate Finance, which issued a $325 million mezzanine loan for the project, did not share exactly how many units out of 60 are under contract, CEO Stuart Rothstein told TRD, they sold at “prices well over (Apollo’s) basis.”
Find out more

August 3, 2017

This $425K Hell’s Kitchen studio may be small, but its renovation will not disappoint

How much can you do with 410 square feet? Surprisingly, quite a bit. A renovation at this Hell's Kitchen studio, located within the 433 West 54th Street cooperative, has tried to maximize space in any way possible. Case in point: a Murphy bed "cabinet" with the option to tuck your bed away in style, a corner kitchen lined with wood that also holds storage underneath a compact breakfast bar, and a fire escape that makes for a suitable outdoor space. After last selling in 2010 for $340,000, the studio is asking $425,000.
This way for a look inside

August 2, 2017

News anchor Lester Holt breaks with posh Nomad apartment for $6.4M

Breaking: Lester Holt has sold his classy Nomad apartment for $6.4 million, just under the $6.6 million he listed it for in April, reports the Post. The NBC Nightly News and Dateline NBC anchor bought the three-bedroom spread at 225 Fifth Avenue for $3.3 million in 2007. Along with the impressive views of Madison Square Park and the Flatiron Building and a private terrace, the sale was likely helped along by the fact that Holt's wife, Carol Hagen-Holt, was one of the listing brokers.
Take a look around

August 2, 2017

A jungle-like loft near the Williamsburg waterfront asks $4,500 a month

This apartment may not have an outdoor space, but it's boasting the next best thing. That would be tons and tons of greenery tucked into every corner of the apartment--a loft with more jungle-like vibes than industrial ones. It's located in a former warehouse at 63 North 3rd Street, just off the North Williamsburg waterfront. It's got the regular loft aesthetic: high ceilings, big windows, exposed pipes, and one wide open space, but it's all the interior landscaping that really makes the space unique.
You'll find plants everywhere

Distinctive Homes

August 2, 2017

New York’s tradition of uncapping fire hydrants to beat the heat

By Cait Etherington

When temperatures soar, fire hydrants across the city flow freely and not necessarily to put out fires. The practice, commonly known as “uncapping,” has long served as a way for city residents to cool off. Although it is not entirely legal, it is generally tolerated, especially when temperatures climb above 90, and for a number of legitimate reasons.
read the full story

History

Report predicts NYC’s vacancy rate will triple alongside falling rents

Image: Pexels

August 2, 2017

Report predicts NYC’s vacancy rate will triple alongside falling rents

A new forecast by online real estate marketplace Ten-X predicts that New York City's apartment vacancy rate will exceed 11 percent by the end of next year as thousands of apartments hit the market, the Wall Street Journal reports. The study also points to a slowing job growth rate, which drives the rental market, as a factor in what could be a "grim reckoning" for landlords.
Find out more

Real Estate Trends

August 2, 2017

After four years on the market, $125M Pierre penthouse sells for a paltry $44M

The 16 room triplex that takes up the 41st, 42nd and 43rd floors of the legendary Pierre Hotel has finally sold for $44 million, a huge drop from its original $125 million asking price. Located at 795 Fifth Avenue, the penthouse was owned by Barbara Zweig, the widow of financier Martin Zweig, who first listed the property in 2013 after her husband’s death. According to The Real Deal, the pad features a library, four terraces, private elevator and costs $51,840 per month to maintain.
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August 2, 2017

One-time Long Island mansion of former Filipino dictator Ferdinand Marcos hits the market for $4.9M

A sprawling 8.2-acre estate in Center Moriches once owned by the deceased Filipino President Ferdinand Marcos and his wife Imelda has hit the market for $4.99 million. The massive Long Island property, known as the Lindenmere Estate, at 16 Sedgemere Road features 14 bedrooms, 17-and-a-half baths, a glass-enclosed Pagoda pool house, and incredible views of the Moriches Bay. According to the New York Post, after a brokerage switch, the listing’s price dropped from $5.99 million last year.
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August 1, 2017

$4,000/month West Village rental comes with its very own front door entrance

You could pretend you live in your own West Village townhouse with this rental, which comes with a private front door you enter off the street. Located at 344 West 12th Street, a tree-lined and cobblestoned stretch between Greenwich and Washington Streets, your front door will take you right into a pre-war one bedroom with a wood burning fireplace, the original hardwood floors and French doors. Though it's in a co-op building, this apartment is up for rent at $4,000 a month.
See more of the prewar details

In 1894, the first bike lane in America was built on Brooklyn’s Ocean Parkway

Photo by Kai Brinker on Flickr

August 1, 2017

In 1894, the first bike lane in America was built on Brooklyn’s Ocean Parkway

While many New Yorkers can be seen trekking through Brooklyn on their bikes today, the borough’s infatuation with cycling actually dates back to the 19th century. On June 15, 1894, Ocean Parkway became the first street in the U.S. to have a designated bike lane. The nearly five-mile stretch of road was designed by Frederick Law Olmsted and Calvert Vaux, the urban planning masterminds behind Central Park and Prospect Park. Originally, their design for Ocean Parkway was to be one of four spokes originating at Prospect Park and spanning across the borough. Today, the road doesn’t actually start at the park but runs parallel to Coney Island Avenue to reach the beach.
The full history this way

History

My 900sqft: An interior designer fills his Bed-Stuy home with rare objects pulled from the street

6sqft’s ongoing series “My sqft” checks out the homes of New Yorkers across all the boroughs. Want to see your home featured here? Get in touch!

August 1, 2017

My 900sqft: An interior designer fills his Bed-Stuy home with rare objects pulled from the street

By Diane Pham

"This apartment has basically become my yard," says Alessandro Pasquale, an Italian designer, artist, and collector of incredible and one-of-a-kind pieces. "I’m an interior designer, so I love details. The little things catch my attention," he adds. These statements find considerable weight when you scan Alessandro's Bed-Stuy home, a 900-square-foot space filled with hundreds of objects he's arranged so "that any angle of the apartment can be photographed." But while you may be thinking this guy is either incredibly wealthy or a bit of a shopaholic given his lot, it's worth noting that Alessandro isn't raising a paddle at Christie's procure these rare items. Rather, since moving to NYC he's become something of a scavenger, plucking obscure items that have been abandoned curbside or trashed in dumpsters, then finding a place for them in his home.
take video and photo tours inside

August 1, 2017

Clive Davis chops the price of his ritzy Midtown duplex to $6.996M

Back in 2015, five-time Grammy Award-winning producer and Sony Music Entertainment's chief creative officer Clive Davis bought two units at 465 Park Avenue for $3.4 million, combining them to create a contemporary, art-filled duplex for an unknown family member. However, just a year later, "things changed" for this relative, and he listed the pad for $7.8 million. Despite the super-swanky design and ritzy decor, he's had a hard time unloading the home, and Mansion Global now reports that he's chopped the price by 10 percent to $6,995,000.
Take the tour

The 74

201 East 74th Street

Lenox Hill

Gracious Upper East Side condos with Central Park and skyline views

2 beds starting at $3,380,000
3 beds starting at $4,850,000
5 beds starting at $11,950,000

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With bicycle ridership up, city will add 60+ miles of bike lanes a year

Image via Nick Harris/Flickr

August 1, 2017

With bicycle ridership up, city will add 60+ miles of bike lanes a year

As the city subway systems struggle to keep up with increased ridership, it's a no brainer that more New Yorkers would take to the streets on bicycles rather than deal with the modern-day headaches of train travel. In fact, as 6sqft reported just yesterday, more commuters bike to work here than any other U.S. city. With the growth of bike riding, Mayor de Blasio's administration is further expanding biker-friendly infrastructure. According to Crain's, the Department of Transportation announced plans this Monday to add 10 miles of protected bicycle lanes and allocate 50 miles of regular bikeways annually starting this year.
Read more about the mayor's bike lane rollout

August 1, 2017

Bright, open condo one block from the beach asks $599K in the Rockaways

Looking for beachfront living that's only a train ride away from Manhattan? Here's your answer. This three-bedroom condo has hit the market in the Far Rockaways, at 124-11 Rockaway Beach Boulevard. It's got all the right beachy interior details: open floorplan, big windows, two outdoor spaces, private parking, and a washer/dryer unit to clean your swimsuits and towels. Because, of course, the location is just a mere block from the Rockaway boardwalk and beachfront. After selling in 2015 for $492,000, it's now asking a hair under $600,000.
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Distinctive Homes

July 31, 2017

Wood slat-covered glass volumes create an elegant interior at this Hamptons guest home

A traditional Hamptons estate, nestled in the hamlet of Wainscott, got this luxurious guesthouse courtesy of Roger Ferris + Partners. The Connecticut-based architecture and design firm sought to create "a luxury reprieve for visitors" and came up with a two-structured, gabled home that looks modest from the outside but feels elegant inside. Each section of the home is dedicated to different uses--public on one side, private on the other--but both structures overlook a pool that faces the oceanfront. With a gorgeous interior and great views, its a guest house worthy of full-time living.
Get a look at the interior

July 31, 2017

Pre-war penthouse with a water tower atop its terrace asks $2.5M in Midtown West

Now that we're in the dog days of summer, nothing looks more appealing than a spacious, well-designed roof deck that just happens to have a water tower perched above it. That's the case at this Midtown West condo at 40 West 55th Street, now on the market for $2.5 million. The one-bedroom penthouse is literally surrounded on four sides by an outdoor space lined with greenery. Inside, a skylight and southern, western and northern exposures that look out onto the lush terrace result in a modern, bright interior.
Go inside the apartment

Distinctive Homes

$925M mega-project may bring 1,000 rentals and a 100,000-square-foot factory to Long Island City

Rendering courtesy of TF Cornerstone

July 31, 2017

$925M mega-project may bring 1,000 rentals and a 100,000-square-foot factory to Long Island City