May 10, 2016

400-Bed Designer Dorm Headed for Williamsburg

When you spend your student years living in an architect-designed former car radio button factory in the ultra-hip Berlin neighborhood of Kreuzberg, face it, you’re just going to be a little spoiled for everything else. And it should come as no surprise that, thanks to a developer specializing in student living, students in de facto hipster sister city Williamsburg will be getting a similar opportunity to live in architectural bliss rather than institutional semi-squalor. New York City-based real estate development company Macro Sea piloted the design-friendly dorm—outfitted with found furniture and slatted ladder-style stairs–in Berlin's Kreuzberg district last year. FastCompany quotes company principal David Belt: "Most people build student housing and they want to build it as cheaply as possible and the furniture to be as rugged as possible, because they think that students will wreck it." Diverging from this idea, Belt's company "sought to create an environment that treats students as savvy global citizens rather than wards of an institution."
Student housing or co-living for adults, what's the difference?
May 10, 2016

The Elegantly Designed Interiors at This Carroll Gardens Brownstone Can Be Yours For $3M

The location of this lovely Brooklyn townhouse at 357 Hoyt Street is a dream combination of breezy, funky Gowanus and quaint, historic and classic Carroll Gardens. Everything surrounding it is either pretty or cool (or both), and on top of being subway adjacent, the borough's flagship Whole Foods market is within just a few blocks. This enviable home is about as perfect as you can get if you’re a brownstone buff and you're not looking for four stories or a big yard. At three stories and 2,360 square feet, it's not huge, but space is used efficiently and it's still more spacious than many apartments at its asking price of $2.9 million. Renovated to perfection, the home’s interiors - designed by mother-daughter design team McGrath II - have been featured in both the New York Times home and garden section (according to the listing) and recently on 6sqft.
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May 10, 2016

Housing Lottery Kicks Off For 140 New Apartments in the Bronx, Starting at $788

The Bronx is the state's fastest growing county, and its development boom continues to add hundreds of units to the city's depleted affordable housing stock. Now today, an affordable housing lottery has officially kicked off at 655 Morris Avenue that will bring 140 below-market rate units to the revitalized Melrose/Concourse Village section of the borough. Rising 15 stories from a long-vacant lot, the 217,579-square-foot development will contain a mix of apartment sizes: seven studios are priced from $788 per month; 62 one-bedrooms from $847; 65 two-bedrooms from $1,025; and 6 three-bedroom units from $1,182. The apartments are created through the city's LAMP program and are able to be rented out at affordable rents because of the low-cost financing offered to the developers. The program is reserved for households earning 60 percent of the annual median income (AMI) of the NYC region, therefore individuals can have a maximum income of $38,100 and households of six up to $105,600.
See if you qualify
May 10, 2016

The History of Herald Square: From Newspaper Headquarters to Retail Corridor

Herald Square is today known for many things. There's the flagship Macy's department store and the pedestrianized part of Broadway that extends to Times Square. And it serves as an epicenter of the retail corridor that now runs from 5th Avenue to 7th Avenue. Some may remember the song, "Give My Regards to Broadway," from the George M. Cohan musical "Little Johnny Jones"with the iconic line, "Remember me to Herald Square." But written in 1904, "Give My Regards to Broadway" references a very different Herald Square than the one we're familiar with today.
Learn about the evolution of Herald Square here
May 10, 2016

$2.5M Chelsea Co-op Has Custom Everything and Plenty of Space For Art

Right in the heart of Chelsea, a neighborhood known for its art galleries, is this $2.499 million apartment at 143 West 20th Street, being marketing for art lovers. The two-bedroom co-op was gut renovated by its developer-owner, who created a flexible, open floorplan with plenty of opportunities to hang artwork. It's been smartly designed with custom everything -- from the china cabinets in the dining room to the Murphy bed in the second bedroom.
Take a look
May 10, 2016

First Mansion Donald Trump Ever Owned Now Selling for $45M

When Donald Trump was rising up in the real estate ranks in the early '80s (and when he was still a Democrat), he and then-wife Ivana were looking for their first "trophy mansion." In 1982, they found it in this 5.8-acre Greenwich, Connecticut estate, paying $4 million for the home on its own peninsula. At the time, Trump was busy refurbishing the Plaza Hotel, so he and Ivana infused their new home with the same ornate style of gold leaf, massive chandeliers, and moldings galore. When the couple divorced in 1991, Ivana got the mansion (among many other properties and cash), but she sold it seven years later for $15 million to owners who made the property even more opulent, adding an indoor lap pool, sauna, tennis courts, and a 4,000-square-foot guest suite addition. These owners listed the property back in January for $54 million, but it's now gotten a price chop to $45 million, according to Top Ten Real Estate News.
Live like the Donald
May 9, 2016

Rafael Viñoly Admits 432 Park ‘Has a Couple of Screw-Ups’

432 Park Avenue is the supertall that New Yorkers love to hate. From calling it the "oligarch's erection" to spilling the beans about cracks in its facade, critics of the tallest residential building in the western hemisphere are quick to try to bring the tower down from its 1,400-foot pedestal. And strangely, its very own architect is the latest jump on the bandwagon. The Post reports that Rafael Viñoly admitted at a Douglas Elliman talk last week that his creation "has a couple of screw-ups," namely the window framing, which he blames on developer Harry Macklowe, and the tiny issue of "the interior design and layout." (And The Real Deal has an entire roundup of zingers he delivered during the talk.)
Find out more this way
May 9, 2016

Williamsburg Unsurprisingly Tops List of NYC’s 15 Fastest Gentrifying Neighborhoods

Williamsburg has become the poster child for the hipsterfication of Brooklyn and NYC gentrification in general, but behind the beards and beet smoothies are actual facts to back it up. NYU's Furman Center released a report that identifies the city's 15 gentrifying neighborhoods, out of 55 total, and finds that Williamsburg/Greenpoint comes in at number one (h/t DNAinfo). Of course, it's difficult to define gentrification, but the study looks at areas that were relatively low-income in 1990 (among the bottom 40% in the city), but experienced higher rent growth over the past 20 years than other neighborhoods, a trend that the Furman Center feels is of "greatest concern in lower-income neighborhoods." Williamsburg and Greenpoint had a startling 78.7 percent jump in rent over this time period, followed by Central Harlem at 53.2 percent and Chinatown/Lower East Side at 50.3 percent.
See the full list here
May 9, 2016

20 Kitchen Cleaning Hacks for Lazy People

Our ongoing series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. Last week, 6sqft rounded up a list of 15 air-purifying plants to add indoors. This week we've pulled together 20 kitchen cleaning tips for the lazy (or busy) man and woman. Most of us would probably agree that keeping a home clean with any regularity can be a formidable challenge; because really, who wants to pour hours and hours into a tedious and thankless job that only promises to return with another layer of dirt? But while housekeeping is in general a groan-worthy task, the kitchen often poses its own hell, especially when shared with roommates who seem almost clueless as to how a sponge and soap work. Though we don't have a solution for making those dirty dishes in your sink disappear, we do have 20 cleaning hacks for keeping a (reasonably) clean kitchen that even the laziest person can squeeze in between Netflix and chill sessions.
20 tips for quick and easy cleaning here
May 9, 2016

Off the Beaten Path, This $1.8M Seaport Loft Keeps It Real

Though the appliances and fixtures are state-of-the-art, and lots of consideration has been given to comfort and daily life, this 1,000-square-foot lower Manhattan loft at 330 Pearl Street is no "loft." It's just the sort of authentic downtown space your cool friends lived in when they moved to the city back in the late '80s, with its flexible open spaces (or lack of actual rooms, depending on how you look at it), industrial finishes, big windows, beams, brick, white, and custom-built almost-everything. And though it's less common to find a loft like this on the market in the places you might have back then (Soho, Noho, Tribeca), the Seaport comprises a rare corner of the city that's geared up for growth but still a bit undefined–perhaps the perfect spot for an authentic loft.
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May 9, 2016

Two Cabanas Combine Into One Glorious Roof Deck at This $675K Clinton Hill Pad

With the weather warming up, nothing looks better than the roof deck that comes with this Clinton Hill apartment at 27 Quincy Street. There's an entire 625 square feet of private outdoor space, nearly as large as the 775-square-foot, one-bedroom pad. Two cabanas were combined into one and decked out with everything from a built built-in bar to planters to furniture. The inside of the apartment isn't too shabby, either.
See photos of the deck
May 9, 2016

The Guggenheim Superimposed On a Struggling Colombian City Highlights Urban Identity

When Spanish photographer and artist Victor Enrich visited Rafael Uribe in Colombia, an urban area a few miles south of Bogotá, he was struck by how the struggling city was lively, yet full of contradictions (h/t Dezeen). The result of mismanaged migration patterns in the mid-20th century, the area now lacks an identity, with the younger generations focusing more on the mainstream Bogotan culture than their own heritage. Enrich's photography project titled "Rafael Uribe Uribe Existe," which superimposes New York's Guggenheim museum over the landscape of the Colombian city, highlights the "contrast between North and South American imagination." In doing so, he hopes to show how international cities with a high quality of life are those that protect their different communities instead of allowing them to vanish.
More photos and background
May 9, 2016

Ta-Nehisi Coates’ Brownstone Purchase LLC Tells of Escaped Slaves’ Brave Journey

Atlantic Writer, National Book Award winner and MacArthur Foundation Genius Grant recipient Ta-Nehisi Coates recently made an appearance in real estate news; Coates, who is among today's most prominent writers on African-American issues, and his wife recently purchased a landmarked five-bedroom townhouse in Prospect-Lefferts Garden for $2.1 million. Not one to miss an opportunity to explore a facet of cultural history, the couple worked an interesting story into the LLC they used to purchase the property, DNAinfo tells us. Buyers commonly register Limited Liability Corporations (LLCs) to purchase property in order to conceal their identities (celebrities, for example, or when making a big-ticket buy), and LLC names are often mundane, using the name of the property itself. But the Coateses LLC, "Ellen and William Craft Excursions LLC” has an inspiring tale behind it: The Crafts were an escaped slave couple from Georgia in the 19th century. Disguised as a white male slave owner and his slave, they escaped to Philadelphia in 1868.
Find out more
May 8, 2016

A Look at Architect Rosaria Candela’s Influence on Today’s New York

The open floor plan has dominated new constructions over the last several decades, first popularized in the 1950s by Frank Lloyd Wright with his Usonian designs. But as architectural trends wax and wane, the pendulum is swinging back to the classics, and more and more architects are looking to the early 20th century works of Rosario Candela for an “updated” living […]

Pitch a story icon Know of something cool happening in New York? Let us know:
May 7, 2016

Weekly Highlights: Top Picks From the 6sqft Staff

$250M Penthouse at 220 Central Park South Will Officially Be NYC’s Most Expensive Apartment East River Skyway Proposal Gains Steam, Would Only Cost Riders $25/Month The Whole Foods Effect: Does the Green Grocery Increase Home Values? Pinball Prohibition: The Arcade Game Was Illegal in New York for Over 30 Years Live in Extell’s Hudson Yards […]

May 7, 2016

Leasing Begins at Neo-Brutalist Rental Tower in Midtown East

Leasing has begun at Midtown East's newest rental building at 235 East 44th Street. Developed by CMSJ Development, the 70,000-square-foot, ground-up building contains 67 units across its 19 floors. For current availabilities, monthly prices start at $3,300 for studios, $4,500 for one-bedrooms, $6,105 for two-bedrooms, and $8,100 for three-bedrooms. Designed by Gerner Kronick + Valcarcel Architects, it's is situated mid-block along a dense urban canyon just two blocks east of Grand Central Terminal and one block west of the United Nations. Its street-facing exterior is finished in GKV's trademark aesthetic of exposed cast-in-place concrete, reminiscent of the Brutalist movement of the 1950s and '60s. The tower's glass walls and concrete floor slabs undulate in opposite directions, softening the raw materials and adding fluidity to the building's form.
Interior apartment details this way
May 6, 2016

L Train Shutdown: MTA Will Decide in Three Months Which Way to Make Riders Suffer

The MTA announced at a town hall meeting Thursday night that they would "decide in the next three months at most" on the final details for the planned Canarsie Tunnel work to repair damage caused by Hurricane Sandy that would halt L train service west of Bedford Avenue, according to DNAinfo. The agency is considering two options: shutting down service for that portion of the line completely for 18 months, or having partial service that would give only "one in five passengers service to Manhattan" (or 20 percent of current service) and last up to three years.
Find out more about your hellish subway-less nightmare choices
May 6, 2016

Former Bushwick Factory Gets a Stunning Designer Upgrade, Asks $3.5M

Bushwick has gained an international reputation for its creative and innovative culture; artists have lived and worked here for decades (long before Vogue magazine ponounced it hip), and the neighborhood's low-rise industrial infrastructure lent itself to the creation of open workspaces. Though we'd be more likely to see an impeccably designed carriage house on the market for $3.5 million in a neighborhood like Cobble Hill, rising property values and creative residents have always been inseparable. This converted two-story Swiss Army knife of a building at 326-328 Menahan Street justifies its ask by offering the "ultimate live/work home." The home's renovation was undertaken by its current owners, Norwegian artist Haavard Homstvedt and Stine Christiansen Homstvedt, an interior designer. Its 6,000 square feet are definitely configured unconventionally; the meticulous remodel that created this unique property is as modern and as creative as the pair behind it.
READ MORE
May 6, 2016

Spotlight: Alex Gregg Is the Upper East Side’s Go-To Comic Book and Sports Card Guy

At a time when Batman and Captain America are all over the big screens and sports culture is becoming increasingly digital, one might think superheroes' and athletes' presence on paper is waning. But collecting cards and comics is alive and well in Yorkville, where Alex's MVP Cards and Comics has everything an X-Men-, Archie-, or sport-loving aficionado could want. Alex Gregg first opened a store on the Upper East Side 27 years ago. The business grew out of his own personal collection and interest and is now the place to locate that latest rookie card, newest comic, or buy a piece of memorabilia. Alex certainly knows a great deal about history - particularly New York history - having worked for 22 years as a bartender at the famed (and now closed) establishment Elaine’s. 6sqft recently spoke with Alex about how cards and comics have both changed and remained the same and about his days at Elaine’s.
Read the interview with Alex
May 6, 2016

The Garden State of New York: Jerseyans Move to Manhattan and Brooklyn More Than Anyone

New Yorkers might want to stop hating on Jerseyans, because without the bridge and tunnel demographic the city would be a barren wasteland, at least according to this fun map from Very Small Array. First spotted by Brokelyn, the map uses census data to plot the state from which most people come in a given neighborhood (excluding those originally from New York). And as you can see, New Jersey makes up the majority of the city, followed not surprisingly by California. Florida, the third-place state, is a bit more unexpected, as is the fact that Mill Basin/Bergen Beach is full of Alaskans.
More data this way
May 6, 2016

Livi Transforms the Traditional Flower Pot With Biomimicry and a Smart Stick-On Design

There's no denying 6sqft is a huge fan of incorporating greenery into the living space, both for their aesthetic appeal and numerous health benefits, so we're always on the lookout for new ways to house our favorite green friends. The latest innovation is Livi, a modern take on the traditional flower pot that uses Biomimicry to create self-adhering pads that replicate the way frogs' feet attach to glass or other smooth surfaces. Livi's fancy feet add life and functionality to the flower pot, allowing you to position your plants on both vertical and horizontal surfaces.
Find out more
May 6, 2016

Five-Star ‘Lazar Hotel’ Coming to Midtown, Will Meld Modern With Late-1700s Baroque

West 44th Street between Fifth and Sixth Avenues is home to some of the city's most elite hotels, such as the Royalton, Sofitel and Algonquin, and also  to esteemed institutions like the Harvard Club, Penn Club and New York Yacht Club. Near the stretch's Fifth Avenue corner, a new 20-story, 96-key hotel tower is in the works at 7 West 44th Street, and it will be festooned in Baroque stylings, Juliet balconies, twisted columns, cast-iron railings, and a grand lobby staircase.
READ MORE
May 6, 2016

Rare and Spectacular Light-Filled Penthouse Overlooking Gramercy Park Asks $2.5M

From the outside, the Gramercy Park townhouse at 132 East 19th Street is immediately impressive. According to this Streetscapes column, it was a brownstone completely redesigned in 1908 by the innovative architect Frederick Sterner. Now the facade boasts a light stucco and huge windows that lend to lovely, bright apartments. The building's penthouse unit has hit the market and is showing off massive floor-to-ceiling clerestory windows, under 14-foot ceilings, that offer a view over the other landmarked townhouses of Gramercy Park.
Take a look
May 6, 2016

Quirky Playing Cards Are Designed With History’s Most Iconic Architects

Federico Babina is an Italian illustrator who's previously brought us clever illustrative works like Archisutra and Archidirector. In both series, Babina replaces images of people with personified buildings, and with his new series, Archicards, he adopts this same approach but with a twist. Instead of replacing people with buildings, Archicards replaces the standard images found on playing cards with famous architects throughout history. So, the king of hearts is now Corbu, while the king of diamonds is played by Frank Lloyd wright—just to name a few.
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May 5, 2016

$250M Penthouse at 220 Central Park South Will Officially Be NYC’s Most Expensive Apartment

For over a year, it's been a guessing game with just how expensive 220 Central Park South's penthouse will actually be. Initial murmurings put the price at $175 million, but later reports that claimed hedge fund tycoon Ken Griffin was the buyer upped it to $200 million. The guessing is over, though, as The Real Deal has obtained an amended offering plan filed with the New York Attorney General, which shows that the 23,000-square-foot, four-floor "billionaire's bunker" will cost a mind-boggling $250 million (or $11,000 per square foot), making it by far the city's most expensive apartment.
Check out the insane floorplans
May 5, 2016

Live in Extell’s Hudson Yards Skyscraper 555Ten for $910/Month

Last September, 6sqft reported the topping out of Extell Development's 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building's 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms. Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.
Find out if you qualify here
May 5, 2016

Norman Foster Still in the Running to Design 2 World Trade Center

Nearly one year ago it was revealed that starchitect Bjarke Ingels would be taking over the design of 2 World Trade Center from Norman Foster as developer Silverstein Properties was in talks with Fox and News Corp. to make the tower their new headquarters. However, plans fell through in January when the media companies opted to remain at their Midtown headquarters at 1211 and 1185 Sixth Avenue. Now without a tenant and two different designs in hand, Chairman Larry Silverstein is said to be weighing both options. “[The top of] Two was a distinguishing feature of Norman Foster’s design,” Silverstein told The Post. “Opposed to what Bjarke Ingels proposed. We can go in either direction. Which way, we are not sure yet.” But he did add that they were leaning towards Ingels' design in discussions being had with prospective anchor tenants, which include BlackRock and JPMorganChase.
Find out more here
May 5, 2016

Jonah Hill Picks Up $9.16M Apartment at Noho’s Schumacher Condo Conversion

A tipster told 6sqft back in December that Jonah Hill was seen taking photos outside The Schumacher, the then-newly unveiled Noho condo conversion at 36 Bleecker Street. As it turns out, just two months prior he bought a unit in the building for $9.16 million, according to the Post. The unit, which was originally listed at $9.5 million, is a 3,280-square-foot, four-bedroom spread. It features the signature elements of the residence, including exposed brick vaulted ceilings, massive arched windows, restored original columns and beams, and views down to the building's vine-covered courtyard.
Take a look around
May 5, 2016

Art Nerd New York’s Top Event Picks for the Week – 5/4-5/11

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! Another week of art fairs is upon us, with Frieze New York taking the lead (and the advantage of warmer weather). Spend the weekend hopping between Frieze, NADA, CONTEXT, Art New York and 1:54 Contemporary African Art Fairs, and their many, many affiliated events. If the whole ordeal is just too much for you, no worries. Marina Abramovic's former lover and partner ULAY will perform in New York for the first time since 1986, Martin Creed's giant neon sculpture will illuminate Brooklyn Bridge Park for the Public Art Fund, and Duke Riley will entice Creative Time fans with a flock of LED equipped pigeons that will fly over the East River in a special performance.
More on all the best events this way
May 5, 2016

Hula-Hoop Master Lists Colorful and Quirky Financial District Condo for $2.2M

In the midst of New York's gray and rainy weather, this apartment is sure to brighten your day. Located at 111 Fulton Street in the Financial District, it belongs to Stefan Pildes, a hula-hoop instructor and the president of Groovehoops, a performance troupe of hula-hoop entertainers. (He bought it in 2009 for a little over $1 million.) The 1,738-square-foot apartment already has good bones -- eight-foot windows, 11-foot ceilings -- but it's been completely decked out with wallpaper, colorful furniture and art, and custom lighting.
Take the grand tour
May 5, 2016

489 New Units of Affordable/Elderly Housing to Rise on Land in Brooklyn and the Bronx

The de Blasio administration is expected to announce plans to lease New York City Housing Authority (NYCHA) land to build nearly 500 apartments for low-income and elderly tenants in three buildings of up to 16 stories within existing housing projects in Brooklyn and the Bronx, according to the New York Times. The sites, on parking lots and grasslands within the projects, were included in the housing authority's initiative to improve deteriorating public housing, as well as increase the number of new affordable units. More controversial plans are also in the works to add market-rate housing within public housing projects in prime real estate locations.
Find out more
May 5, 2016

Author Ta-Nehisi Coates Buys $2.1M Brooklyn Brownstone; Why NYC Has So Many Tulips

Atlantic writer and MacArthur Genius Grant winner Ta-Nehisi Coates bought a landmarked Prospect-Lefferts Gardens brownstone for $2.1 million. [NYP] Tour the 25 indoor and 12 outdoor venues for this summer’s Rio de Janeiro Olympics via Google Maps. [Refinery 29] For the first time in 40 years, a new brewery opens in Bushwick. [Edible Brooklyn] Take a look around NYC […]

May 5, 2016

A Quiet Oasis on the West Village’s ‘Sex and the City’ Block for $720K

Home to movie stars, models, moguls, designers and plenty of lucky mortals in possession of a small fortune (at the very least), the West Village is one of New York's most sought-after neighborhoods. This one-bedroom co-op at 77 Perry Street on the famed "Sex and the City" block is all sunbeams and charm when the afternoon sun shows off its exposed brick walls, 10-foot ceilings and beautifully restored original hardwood floors. Its ask of $720,000 definitely reflects the neighborhood's cachet, but anything with even a memory of six figures in this neighborhood could be considered a find.
Get a closer look
May 5, 2016

Ashley Olsen Buying a $7M Luxe Greenwich Village Condo

The Olsen twins have long been fans of the Village, from attending NYU to naming their fashion line the Row after the famous brick townhouse along Washington Square North. Now single sister Ashely is setting up a permanent home in the 'hood, as the Wall Street Journal reports that she's in contract to buy a two-bedroom spread at 37 East 12th Street that was last listed for $7.1 million. The 19th century building with a Beaux-Arts cast-iron facade is being converted to six, full-floor boutique condos, and listing agent Jared Seligman of Douglas Elliman said this privacy is what Olsen liked.
See the full spread
May 4, 2016

East River Skyway Proposal Gains Steam, Would Only Cost Riders $25/Month

With public meetings about the impending L train shutdown beginning this week, much of the conversation is centered around alternate ways to shuttle people between downtown Manhattan and Brooklyn. One solution is the East River Skyway, an aerial gondola system that would run along the Brooklyn waterfront and into Manhattan, bringing commuters over the river in just 3.5 minutes. The proposal from Dan Levy, president and CEO of CityRealty*, first surfaced in 2014, then referencing the Brooklyn development boom that will bring tens of thousands of new residential units to the borough in the coming years. But now with a possible years-long shutdown of the L, along with skyrocketing subway ridership, the Skyway is drumming up support from investors, DNA Info reports. Levy told 6sqft, "We've completed some preliminary engineering and design work around the cars and the stations and how they could meld with their respective locations — and more broadly the city skyline. Given their high visibility we want to be context sensitive." He also revealed that, although the project would cost up to $134 million (per estimate from engineers), an unlimited monthly pass would cost only $25.
READ MORE
May 4, 2016

Related Launches Hudson Yards Living Website With New Renderings

On the heels of the news that Hudson Yards will add $18.9 billion to the city's GDP and the reconfirmation that the developers will build an iconic $200 million sculpture at the center of the plan's plaza, Related quietly launched a new Hudson Yards Living website, providing general information for prospective residents and a few new images of the $20 billion master plan.
More details and renderings this way
May 4, 2016

Pinball Prohibition: The Arcade Game Was Illegal in New York for Over 30 Years

It's hard to believe, but between the 1940s and '70s pinball was actually banned in NYC, as well as other major cities like Chicago and Los Angeles, for its questionable ethics. While most of us consider the arcade game a wholesome activity, its first iteration was without the flippers and considered a form of gambling. From city raids to seedy backdoor operations, pinball prohibition lasted for more than 30 years, and efforts to get the beloved game legalized were equally dramatic.
Get the full scoop
May 4, 2016

432 Park Avenue Reveals Glowing White Cube for Retail Space

While most of the news surrounding Rafael Viñoly's iconic 432 Park Avenue has been about big ticket closings at the Billionaire's Row blockbuster with a $3.1 billion projected sellout, developer Macklowe has revealed more about what the news-making skyscraper's 130,000 square feet of retail and office space, divided over several floors, will look like. Adding an even more attention-getting element to the tower, a portion of the building's retail space will be located in a two-story white glass cube at the corner of East 57th Street and Park Avenue.
Find out more
May 4, 2016

Stuff You Should Know: How Eminent Domain Works

It has been called the most coercive public policy after the draft. It has also been said that without it, construction in major cities would come to a shuddering stop. What is this powerful, controversial tool? Can both statements be true? Eminent domain is the policy by which a governmental agency can acquire or "take" property from an owner unwilling to sell in order to build something else there, and it has been around for centuries. Some say it derives from the medieval concept of the divine right of kings, empowered by God the Almighty to be sovereign over all. And by inference, that includes the land, which individual owners occupy and trade at the king's sufferance. When he wants it back, it is his right to take it. So under eminent domain, all land theoretically belongs to the state, which can assume control at any time.
more on eminent domain here
May 4, 2016

An Option to Buy or Rent a Historic Renwick Triangle Townhouse in the East Village

Just because the East Village isn't known for its townhouse stock doesn't mean there aren't wonderful, historic (and expensive) houses to move into there. Take this one, at 114 East 10th Street, which is part of the Renwick Triangle in the St. Marks Historic District. The triangle gets its name from architect James Renwick Jr., who designed it with rows of Anglo-Italianate single-family homes. This house was on the market two years back asking $7.5 million and it sold for $7.606 million. Now you can either buy or rent it, for $9.85 million or $50K a month.
See the historic interior details
May 4, 2016

Affordable Luxury Hits the Upper East Side Market at 389 East 89th Street

At First Avenue and 89th Street on the Upper East Side, 31 floors of spacious, light-filled homes have been reintroduced to the market. In a building previously known as the Post Toscana, 199 rental apartments have been upgraded and enlarged into 156  one- to three-bedroom residences fashioned by acclaimed interior designer Paris Forino. Now dubbed 389 E 89, the tower is the latest in a flurry of top-shelf rental buildings re-branded as affordable condos with high-end finishes.
All the info ahead
May 4, 2016

Use BrickBox Modular Shelving to Store Books, Create Room Partitions or Move Homes

Kazam Design's BrickBox is a simple yet innovative storage system that consists of wooden boxes designed to easily fit together without screws or assembly. The units can be stacked or arranged to not only provide ample and flexible shelving, but to create sideboards or room separators. Each "brick box" also doubles as a wooden box perfect for transporting your belongings when you move from one space to another.
More on this design here
May 4, 2016

Jane Jacobs Google Doodle; WTC Transportation Hub Getting a Massive LED Billboard

Marking her 100th birthday, legendary preservationist Jane Jacobs gets the Google Doodle treatment. [Gothamist] And here’s all the NYC apartments she lived in. [Untapped] Obama is considering making Christopher Park, located right across from the Stonewall Inn, a national monument to the gay rights movement. [NYT] There’s now a dedicated bathroom for dogs at JFK Airport. […]

May 4, 2016

$14M Gilded Age Mansion in Murray Hill Was the Home of J.P. Morgan’s Attorney

Most of New York City's grand and historic homes have been altered for modern-day use as apartments, libraries, hotels, diplomatic buildings and the like. And when it comes to those that have remained as opulent single- or multi-family homes, most have changed hands so many times that we don't know much about their history. That is not the case for this massive 9,300-square-foot townhouse across the street from the Morgan Library. The home was originally the residence of J.P. Morgan's attorney John Trevor, Sr. and is currently in use as a 10-unit apartment building–albeit a rather special one with some unique spaces like a private office and a gorgeous rear parlor with symphony-ready acoustics and 13-foot ceilings. Whoever purchases the home, on the market for $14 million, could create a vast five-story mansion (there's already an elevator), or any number of alternate configurations–but they'll still have great sound in that back parlor.
The neighborhood blows up, then the lawyers move in
May 3, 2016

The Whole Foods Effect: Does the Green Grocery Increase Home Values?

Fairway Market, considered by many the quintessential New York City supermarket, filed for bankruptcy yesterday, citing competition from "natural, organic and prepared food rivals" and "online ordering and home delivery services," according to the Wall Street Journal. Perhaps their biggest threats are Whole Foods and Trader Joe's, which both seem to be in a very different boat. Yahoo! Finance looked at data of four million homes in the U.S. that are located in a zip code with either one of these stores, "finding that average property values in a ZIP code with Trader Joe's appreciated by about 40 percent since they were purchased, while homes with a Whole Foods in the ZIP code appreciated by nearly 34 percent." The reasoning is quite simple -- people will pay a premium for the convenience of being near their favorite stores. And proximity to a store like Whole Foods, often thought of as more high-end than other grocery stores, adds an air of prestige to a neighborhood. But the science behind it is a bit of a chicken or the egg situation -- does a retailer directly affect home values, or are these companies able to identify locations where they'll generate the most interest?
Find out this way

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