March 28, 2016

Recently Sold for $10M in Bidding War, Furnished UES Townhouse Now Renting for $50K/Month

Bidding wars have become too familiar to cause much of a shock, and things have cooled down a bit in the city's most competitive markets, but a nice turn-key townhouse can still bring out the competition in full force. This was certainly the case when this four-story townhouse at 235 East 72nd Street changed hands for $10.1 million–well over the $9.5 million ask–after a bidding war between developers Naftali Group and Toll Brothers in February. The former emerged victorious, though rumor has it that both parties may have plans for amassing properties on the prime Upper East Side block. The furnished townhouse is now seeking a short- or long-term tenant to fork over $50,000 a month for the privilege of dwelling on its four renovated floors of five-bedroom spaciousness. The 5,250-square-foot 1910 house has been completely furnished with no detail left unfinished, and since it's managed by onefinestay, renters won’t have to pay utilities and get to enjoy perks like hotel-grade linens and towels, maid service, 24/7 concierge services, and iPhones with unlimited local calls and curated property and neighborhood information.
See all 5,250 square feet of this turn-key townhouse
March 28, 2016

Corner Loft in Former Downtown Brooklyn Toy Factory Isn’t Playing Around With $999K Ask

Here's a two-bedroom condo from the Toy Factory Lofts, the former home to Tudor Metal Products. From the 1920s to the 1980s, the company, known for designing the popular Depression-era toy Budget Bank and the board game Electric Football, occupied the factory. Today, it's a 56-unit residential building in Downtown Brooklyn that holds a gym, parking garage and a rooftop deck. This lofty apartment has a big wall of oversized factory windows, not to mention exposures to the east and south that bring light into the open space.
See more of the interior
March 28, 2016

New Looks for Staten Island’s $200M Mixed-Use Complex Lighthouse Point

Earlier this year, after a decade of delays, Triangle Equities received $16.5 million in state subsidies for their three-acre mixed-use development on Staten Island known as Lighthouse Point. They also partnered with real estate investment fund Lubert Adler LLP to secure another large sum of private financing, before breaking ground last month. With construction underway, Yimby uncovered new renderings that show the residential, retail, and commercial components of the $200 million development. As 6sqft previously reported, "Along with the New York Wheel, Empire Outlets, and New Stapleton Waterfront, Lighthouse Point is a key element of NYCEDC’s ongoing efforts to transform the St. George waterfront into a vibrant community."
All the renderings and details ahead
March 27, 2016

PHOTOS: The NYC Easter Parade Through Time

As more people break from traditional religious affiliations, certain holidays become less and less significant. Perhaps the best example of that modern-day cultural shift is Easter. Technically the highest holy day of the year for Christians, the holiday has become one of the most overlooked. Up until the 1960s, Easter Sunday was a 40-day ritual, complete with fasting on Fridays, attending Palm Sunday services, and putting together the perfect pastel outfit to go with one's Easter bonnet. In New York City, the tradition hasn't all been lost, as the annual Easter Parade still kicks off at St. Patrick's Cathedral and marches up Fifth Avenue to 55th Street every year. In addition to its traditional affiliations, the parade also welcomes the Bonnet Festival, where participants show off their wackiest head gear. With just a few days left until Easter Sunday, we decided to take a look back at the history of the parade, showcasing some great historic images of the tradition.
Check out all the photos here
March 27, 2016

Artist Laurence Vallières Builds Giant Chimp from Up-cycled Cardboard

Armory week here in NYC takes place every March, and as always, this year's festivities brought forth many exiting projects all across the city. Participating in the action was Montreal-based artist Laurence Vallières who was featured in a special exhibition curated by 6sqft's resident expert in the New York art scene, Lori Zimmer (founder of Art Nerd New York) and Lynzy Blair for Joseph Gross Gallery. Vallières' work was featured at the Art on Paper Fair at Pier 36 where she constructed, from scratch, a grandiose chimpanzee made from scrap cardboard found on site.
Details and photos of her at work ahead
March 26, 2016

Permits Filed for Karim Rashid’s Soho Condos at 30 Thompson Street

A new building application was filed yesterday for a seven-unit condominium at 30 Thompson Street in Soho. New York-based Karim Rashid has been reported as the project's designer, though Heritage Architecture is listed as the architect of record. The boutique development is led by a joint venture involving between the Weis Group, Walker Ridge, and the Mavrix Group The permits detail the project will rise eight stories and 113 feet. The ground floor will house the lobby and off-street parking, while each of the high-ceilinged floors above will host just a single, floor-through residence. The mid-block site between Grand and Watts streets is located on a lightly-traversed stretch with an eclectic mix of building types and styles. The development will replace a one-story garage and will rise directly behind the glassy new condominium tower, 325 West Broadway.
more details this way
March 26, 2016

‘Bad Company’ Drummer Simon Kirke Lists Hip Hamptons Beach Cottage for $1.4M

The listing for this .28 acre East Hampton property is billed as "the ultimate beach cottage" and we'd have to agree. It's owned by the English drummer Simon Kirke, best known for playing with the bands Free and Bad Company. There's the main house, which was recently renovated, as well as a deck, pool and rear cottage currently configured as a music studio. The whole package, located right on Accabonac Harbor, has views of the harbor to the west and of Gardiner's Bay to the east.
See more of the interior
March 26, 2016

Weekly Highlights: Top Picks From the 6sqft Staff

Skyscraper Proposal Digs Out Central Park and Surrounds It With 1,000-Foot Glass Structure How Horse Poop Inspired the New York City Stoop Apply for 83 Affordable Apartments in Astoria, Starting at $895/Month Yankee Legend Lou Gehrig’s New Rochelle Family Home Is for Sale for Just $300K Curvaceous ‘Morph Tower’ Begins Its Rise at 15 Hudson […]

March 25, 2016

Imagining 432 Park As a Giant Drone Control Terminal

Yesterday 6sqft brought you the winning design from Evolo's 2016 Skyscraper Competition, a proposal to dig down below Central Park, exposing the bedrock beneath and thereby freeing up space to build a horizontal skyscraper around its entire perimeter. The second-place entry is more traditional in the sense that it builds up, but it's more outside-the-box when it comes to function. Titled The Hive, the project reimagines 432 Park Avenue, the city's tallest and most expensive residential building, as "a vertical control terminal for advanced flying drones that will provide personal and commercial services to residents of New York City." By covering its facade in docking and charging stations, the building gets its hive-like appearance with the drones buzzing around like bees.
How does 432 Park get transformed into a giant drone control terminal?
March 25, 2016

Actor Stephen Dorff Lists Chelsea Penthouse Loft With Party-Ready Roof Deck for $3M

The Chelsea loft penthouse at 251 West 19th Street belonging to actor Stephen Dorff just hit the market for $3 million, reports the Wall Street Journal. The apartment's best feature is undoubtedly its 850-square-foot private roof terrace with a wet bar/kitchen, outdoor shower and Empire State Building views. Dorff was a teen heartthrob in the '90s–known for the boxing film, "The Power of One" (1992), and the 1998 superhero film “Blade”–and an indie It Boy of sorts in the following decade, appearing in cult films like John Waters' "Cecil B. Demented" and slacker/grunge time capsule "S.F.W.." A stream of typical "evil guy" roles followed until 2010, when he starred in the Sofia Coppola film "Somewhere," which, perhaps ironically, is the tale of a disaffected hotel-dwelling actor. But Dorff has definitely worked hard if nothing else. And he may finally be seeing the benefits: WSJ quotes the actor in a 2013 interview as describing his less-than-savvy spending habits during the early days of his career: "After movies, I would rent these really expensive houses, and then I would run out of money and have to do another movie. I didn't like that feeling of having to take something I didn't want," he says. "Now I'm into buying—forget this renting stuff."
See more of this indoor-outdoor duplex
March 25, 2016

SHoP’s Dancing East River Towers Top Out With Plenty of Flood-Proofing Below

Three-and-a half years after Superstorm Sandy, New York developers are taking to the sea at a faster pace than ever. The most dramatic changes are in store for the East River shoreline, where more that two dozen developments are in construction or planned on both the Brooklyn and Manhattan sides. Ranging from the two million-square-foot Cornell Tech campus to the second largest condominium tower in the city going up at One Manhattan Square, the developments will usher in thousands of new residents and a sprinkling of workers to the flood-prone areas. As of late, the tidal strait's most striking addition has been a pair of asymmetrical, copper-clad towers at 626 First Avenue in Murray Hill. Last week, the team led by Michael Stern's JDS Development topped off construction on the 470-foot-tall southeastern tower. The taller 49-story, 540-foot northwestern tower finished its vertical rise some time earlier this month.
How is the project protecting itself from another possible storm?
March 25, 2016

Spotlight: Mike Gansmoe Puts Macy’s in Bloom at the Annual Flower Show

In America, seasonal change is ushered in by Macy's and its productions, from the holiday season with the Thanksgiving Day Parade to summer with fireworks for America’s birthday. When it comes to welcoming spring, the department store puts on its annual Flower Show, a longstanding tradition that began 65 year ago and is now marking its 42nd year at the company's Herald Square location. This year’s show, America the Beautiful, celebrates the wonders of the nation's natural world at five stores around the country (NYC, Philadelphia, Chicago, Minneapolis, San Francisco). For New Yorkers who visit the show, it’s a chance to step out of the hustle and bustle and immerse themselves in gardens representing various regions of the United States. The executive producer behind the show is Mike Gansmoe, who is responsible for overseeing everything from conception to putting that last flower in place during overnight setups. 6sqft recently spoke with Mike to find out what's blooming at this year's show.
Read the full interview here
March 25, 2016

LM Guest House Takes Ludwig Mies van der Rohe’s Designs to a Greener Level

Manhattan-based architects Arjun Desai and Katherine Chia, the husband and wife behind Desai/Chia, were commissioned to design a Hudson Valley retreat that would combine the look and feel of Ludwig Mies van der Rohe's ultra-minimalist Farnsworth House with high sustainable standards. Situated on a rock outcropping overlooking a typical stretch of Dutchess County farmland, LM Guest House is a pre-fab contemplative retreat for weekend visits. Its glazed skin affords expansive views, and among its planet-friendly features are geothermal heating and cooling, natural ventilation, solar panels, and a system for rainwater collection.
Learn more about this ultra-minimal green home
March 25, 2016

This $925K Upper West Side Co-op Has Pre-War Details and a Hand-Painted Tableaux

When looking at Manhattan apartments, it's hard sometimes to avoid the cookie-cutter trap, especially when looking at one-bedrooms. Pre-war units can be more diverse, but there's still plenty of the generic. This lovely one-bedroom co-op in an elevator building at 329 West 108th Street is definitely exceptional in that regard. The combination of two 1890s townhouses that resulted in this boutique co-op brought with it interior details like warm wooden beams, mosaic tiles, oversized bay windows and leaded glass–which remain to charm and set the apartment apart from the crowd. Everywhere you look in this know-it-when-you-see-it home, you'll find turn-of-the-previous-century, museum quality details: quarter- and rift-sawn oak herringbone and parquet floors, leaded glass, ornate moldings, and original woodwork surrounding oversized doorways, windows and nearly 11-foot ceilings.
Take a tour
March 25, 2016

Chatty Maps Tell You What You’ll Hear on Given Streets and How It’ll Make You Feel

Chatty Maps is an interactive project that reveals what sort of experience your ears will have on specific city streets. Leaflet-based maps of New York, San Francisco, Chicago, Boston, Washington, Miami, Seattle, London, Barcelona, Madrid, Milan and Rome map each city's roadways, which are colored to correspond to sounds on the street (transport, nature, human, music and building), based on tags taken from social media. Select your city and find a street on the map (or search for the street of your choice) to view the corresponding sounds. For each street, you also get a data visualization that attempts to track the relationship between street sounds and human emotions. Streets with dominant music sounds, for example, are associated with strong emotions of joy or sadness.
Check the map to find out how the city sounds at street level
March 25, 2016

Find Out if You’ll Be Poor With This Economic Risk Calculator

6sqft once presented readers with the Wealthometer, a tool that analyzes your assets to determine where you fall in the distribution of wealth. In today's society, however, we're often more concerned about our future status than where we are currently, which is where this economic risk calculator comes in. Created by the New York Times, it addresses anxieties about "widespread economic insecurity and soaring levels of income inequality." The not-so-upbeat tool culled data from hundreds of thousands of American case records that began as a study in 1968. It uses a mere four factors -- race, education, age, and marital status -- to determine the likelihood of one falling below the poverty line in the next five, 10, or 15 years.
Get a look into your future economic risk
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March 24, 2016

Skyscraper Proposal Digs Out Central Park and Surrounds It With 1,000-Foot Glass Structure

Evolo has announced the winners of its 2016 Skyscraper Competition, and, somewhat ironically, the number-one spot goes to a proposal that doesn't build up at all, but rather digs down. New York Horizon was imagined by Yitan Sun and Jianshi Wu as a means to "reverse the traditional relationship between landscape and architecture, in a way that every occupiable space has direct connection to the nature." The idea is to dig down, exposing the bedrock beneath Central Park and thereby freeing up space to build a horizontal skyscraper around its entire perimeter. The resulting structure would rise 1,000 feet and create seven square miles of interior space, 80 times that of the Empire State Building.
The rest of the specifics, this way
March 24, 2016

Madonna Caught Posting Fake ‘No Parking’ Signs Outside UES Mansion

Madonna seems to really be going off the rails lately, with multiple reports of wild performance antics and showing up late to concerts. But her questionable behavior isn't just reserved for the stage, as TMZ is reporting that she "concocted a scheme to snag precious parking spots in front of her super expensive NYC apartment, and the authorities came down on them like a brick." Reports say that her people put "Tenant Parking Only" signs along the block, as well as painted the curb yellow and embossed it to say "NO PARKING," despite the fact that these are all public parking spots.
Get the scoop
March 24, 2016

Don’t Miss Toyota’s Ten-Story, Climbable Times Square Billboard

Today's your last chance to catch three professional climbers and one "daredevil amateur" scale a 100-foot-tall billboard in Times Square. The three-dimensional advertisement is for Toyota's new RAV4 Hybrid and features a scale-able rock-climbing wall that rises ten stories and is mounted along the northeast corner of the DoubleTree Hotel at 1568 Broadway (47th Street and 7th Avenue). The wall has a 96-foot vertical climb with more than 100 hand holds for the team of five climbers, made up of Christina Fate and her fiance, RAV4 Rally driver Ryan Millen, David Morton, an expert climber and technical consultant for the project, and veteran ice climbers and mountain guides Eric and Adam Knoff.
Should more interactive advertisements come to Times Square?
March 24, 2016

Art Nerd New York’s Top Event Picks for the Week – 3/24-3/30

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! Kick your week off by fighting human trafficking at The Jane, or at a Q&A with an artist who was once convicted of murder. Abby Hertz brings another immersive art experience to the House of YES, and performance art-partiers CHERYL celebrate pastels at Secret Project Robot. Victoria Manganiello shares her woven works for one night only, as do Toronto short film makers with Mono No Aware. Have your voice heard at the Art in Bushwick town meeting, and help the Lower East Side Girls Club at a fabulous fete hosted by Deborah Harry of Blondie.
more on all the best events this way
March 24, 2016

New Moldable Glue Is the Ultimate Spring Cleaning Wingman

With April just around the corner thoughts of spring cleaning are surely on your radar. While there are a myriad of tips and tricks out there for the annual warm weather detox, we've just discovered a cool new product that could help simplify the process. Sugru is "the world's first moldable glue," a silicone-based adhesive that feels and takes on forms much like play-dough. However, unlike the crumble-ready colored clay, when exposed to air, Sugru cures into a solid and securely bonded shape that you can use to hang and store items in your house. Keep reading for a list of fun ways to use Sugru for organization.
READ MORE
March 24, 2016

Rent at Soho’s Nearly Complete 75 Sullivan Street, Units Start at $8,500 Per Month

In the shadow of Property Market Group's bricky condominium at 10 Sullivan Place, P. Zaccaro Co., Inc. (PZCo) is putting the finishing touches on their ground-up, seven-story rental building at 75 Sullivan Street. In case you couldn't tell by the title, this is NOT an affordable housing story. Rather, it presents a rare opportunity to rent in a newly-constructed building in Soho, which for the most part has mainly built very high-end condo buildings and boutique office spaces in recent years.
More details on the rentals here
March 24, 2016

‘Scarface’ Director Brian De Palma Buys Second Co-op in Fifth Avenue Building for $1.8M

Filmmaker Brian De Palma just bought a second unit at 1 Fifth Avenue in Greenwich Village according to city records. The famous director of "Scarface" and "Carrie" already owns an apartment on the 23rd floor of the Gold Coast building, where's he's lived since at least 1989, but his latest acquisition is a two-bedroom unit for which he paid $1,750,000.
Find out more about the building's celebrity residents
March 24, 2016

Rent Michael C. Hall’s Greenwich Lane Pad for $15K a Month

"Dexter" star Michael C. Hall (whom you might also love from "Six Feet Under" or David Bowie's "Lazarus") made celebrity real estate news just last week for the purchase of a $4.3 million two-bedroom apartment in the new Greenwich Lane complex at 160 West 12th Street. Now the New York Post reports that the apartment is available for rent for $15,000 a month. The actor, who successfully fought cancer at age 38, recently married longtime girlfriend Morgan Macgregor, an associate editor at the Los Angeles Review of Books. He also recently sold his Los Feliz home for $4.85 million, so while the couple may be warming up to New York City living, it makes sense to put the prime Village property to good use from day one.
See more of the Greenwich Lane pad
March 24, 2016

Two-Bedroom Apartment with Massive Foyer in Jackson Heights Asks $599K

Jackson Heights has a large stock of lovely co-op apartments, and this is one of them. It's a two-bedroom unit from 83-10 35th Street, one of the historic district buildings with a central, shared courtyard for residents. (When Jackson Heights was developed, it was called a "garden city" for those very courtyards.) It boasts a spacious floorplan and a foyer so large that, according to the listing, the seller put up a sliding door to create an extra guest bedroom.
See the rest of the apartment
March 23, 2016

12 Easy and Affordable Ways to Transform Your Apartment With Just Paint

6sqft’s series Apartment Living 101 is aimed at helping New Yorkers navigate the challenges of creating a happy home in the big city. This week, the pros from Paintzen ("the Uber for painting") share some easy and affordable ways to transform an apartment using just paint.  With the countless other tasks on New Yorkers’ agendas, finding time to do some interior upgrading can seem daunting. But thankfully, there are some quick and easy fixes that you can do - in the smallest of apartments and over the busiest of weekends - that require nothing more than paint. From simple accent walls and chalkboard paint to more funky techniques like ombre walls and patterns, here are 12 tips for transforming your space with paint.
All the tips, this way
March 23, 2016

How horse poop inspired the New York City stoop

Today when we see romantic stoops rise from the sidewalk to the second story parlor, we don't necessarily associate them with fecal matter. But flashback to the late 1800s, and you'll meet a very different New York where almost five million pounds of manure was being dumped on the city streets every day (we can imagine how that would effect our commute to the office). At the rate horse dung was accumulating, it was predicted that by the year 1930, horse manure would reach the level of Manhattan’s third-story windows. With poop literally lining the city streets, stoops became an important and functional part of New York City's architecture.
READ MORE
March 23, 2016

Curvaceous ‘Morph Tower’ Begins Its Rise at 15 Hudson Yards, Abutting the Culture Shed

The foundation mat has been poured, and Hudson Yards' first residential building, Tower D at 15 Hudson Yards, is beginning its climb into the burgeoning far west side skyline. Situated alongside the High Line, at the northeast corner of West 30th Street and Eleventh Avenue, 15 Hudson Yards will house nearly 400 apartments and soar more than 900 feet high upon completion. Discounting the enormous spire on the New York Times Building, the tower will be for a short while the tallest building in Manhattan west of Eighth Avenue. It will also abut the Culture Shed, likely to be the city's next great cultural venue. The skyscraper will be the first of two residential towers that Related Companies and the Oxford Properties have planned for eastern rail yards. The second will be the 1,000-foot-tall 35 Hudson Yards, and they will join the 900-foot Coach Tower at 10 Hudson Yards and the 1,296-foot 30 Hudson Yards.
More details and renderings ahead
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
March 23, 2016

Flyte Is a High-Tech LED Lamp That Floats, Defying Gravity

Simon Morris -- a New York City-born, Stockholm-based scientist -- has created a revolutionary wireless light bulb that floats and gently rotates while it shines. Called Flyte, a combination of Flying and Light, the magical high-tech lamp takes inspiration from Tesla's magnetic levitation technologies to defy gravity, hovering above a wooden base. Flyte can be switched on and off by touching its base, it need no batteries, and has an amazing lifespan of 22 years. Plus, the base doubles as a wireless charging station for smart phones and other devices.
Learn more about this anti-gravity light
March 23, 2016

Morris Adjmi’s 465 Pacific Street Tops Out, Only One Penthouse Unit Remains

When 6sqft checked in on Boerum Hill's 465 Pacific Street in November, it was little more than a hole in the ground with roughly 50 percent of its 30 condo units already in contract. Now, a little more than four months later, its seven-story concrete skeleton has topped off and just a sole penthouse unit remains. The $55 million development was forged through a partnership between Avery Hall Investments and ARIA Development Group, who purchased the block-through lot for $18 million in 2013. With Morris Adjmi Architects at the helm, the development is composed of two seven-story wings encompassing 85,000 square feet of floor space. Lower levels of the building are faced in a uniform skin of red brick and red mortar joints, while upper levels are finished in dark steel to pay homage to the Mohawk ironworkers who once maintained a community within the neighborhood.
Find out more right here
March 23, 2016

See New Nighttime Renderings of Long Island City’s Upcoming Dream Hotel

Near Long Island City's East River waterfront, work has begun on an eleven-story, 199-room DREAM Hotel conceived through a joint venture between Millhouse Peck Properties, Barone Management and MATT Development. The hotel will rise from a full-block, commercially-zoned lot between 44th Road, 44th Avenue, and 9th and 10th streets, which was previously home to Manhattan Cabinetry's factory building (the company has since relocated those operations to Woodside). Stephen B. Jacobs Group has been tapped as the architect and the studio has designed a Standard Hotel-esque tower where the room floors are pitched above various restaurants, bars and outdoor terraces. New nighttime renderings show windows framed by LED lighting. A previous image suggested the developers were looking to salvage a corner facade of the factory-building, but the facade is no longer depicted in the new set of renderings and the entire factory structure has been cleared from the site.
even more details here
March 23, 2016

Despite Landmarks Approval, 190 Bowery May Shed Its Iconic Graffiti After All

Though the Landmarks Preservation Commission approved a proposal to restore the former Germania Bank Building at 190 Bowery with its controversial coat of graffiti intact, the on-again-off-again spray paint layer looks to be on its way out according to onlookers (h/t Bowery Boogie). Power-washing and a "paint-removal system" are reportedly underway, disappearing decades of scrawl.
Refresh your memory on what's in the future for 190 Bowery
March 22, 2016

My 1,000sqft: Tour a Newly Transplanted Couple’s Bushwick Apartment Filled With Craigslist Finds

Most of us moved to New York City with nothing more than a couple suitcases, only very slowly accumulating objects to fill our bedroom—definitely not thinking about tackling our living spaces. But here's a couple that had no interest in sleeping on a mattress on a floor while they figured out how to decorate their home. After spending several years in London and bouncing from friends' places to sublets, Adam Dudd and Cami Raben (he's a graphic designer and she works in hospitality consulting) moved into their Bushwick apartment wanting to create a home to call their own as soon as possible. While IKEA seems like the no-brainer quick-fix for those on a budget with any design sensibility, Adam and Cami weren't interested in the mass-produced but instead wanted unique and quality pieces. So where did they turn without thousands of dollars to spend? Craigslist! Believe it or not, in just four months the pair managed to turn a blank slate into a perfectly outfitted apartment that's both minimal and functional and full of color and character.
Go inside their lovely home here
March 22, 2016

Apply for 83 Affordable Apartments in Astoria, Starting at $895/Month

The affordable housing lottery has commenced for 83 brand new apartments at the Steinway Estates in Astoria, per the NYC HPD. Units will range from $895/month studios to $2,586/month three-bedrooms, with annual income requirements varying from $32,023 for a single-person household to $130,260 for a six-person household. The development at 19-80 Steinway Street is on the edge of the Steinway IBZ (Industrial Business Zone) and was originally known as the Vesta or Vesta Q when it first surfaced as a mixed-use project back in 2008. Exact details on the building aren't clear, but renderings from Garrett Gourlay Architect show a four-story, corner-lot structure with landscaped outdoor areas and contemporary apartments.
Find out more about Steinway Estates
March 22, 2016

‘Drinking Birds’ Artist Lists Gowanus Loft Building Filled With Hand-Crafted Interiors for $3.5M

Sometimes what you see is more than first meets the eye. That was definitely the case in the early '90s when internationally exhibited artist Daniel Reynolds, known for his utterly mesmerizing life-sized "Drinking Birds" installation, purchased this 30-foot-by-90-foot mixed-use building on the south side of Union Street in Gowanus. This listing, priced at $3.5 million, is unique in that its beautiful live and work spaces were designed with an artist's vision, as well as in its creative pedigree and many possibilities for use. Included are three market-rate lofts, a roof deck and an artist's workspace–an excellent investment on a prime Brooklyn block. Each loft offers unique hand-crafted marble baths, restored working fireplaces with stone mantles, stainless steel kitchens, and restored 19th-century tin detailing put to use in an unconventional yet breathtaking way.
Tour this fascinating custom-built creative space
March 22, 2016

First Look at Scaled-Down West Village Condos Slated for 111 Leroy Street

Moving past a resounding rejection from the local community board, Property Markets Group (PMG) is forging ahead with a smaller, as-of-right plan to build a condominium and townhouse development at 111 Leroy Street. On a Belgian block stretch of the street, bestriding leafy West Village and mixed-use Hudson Square, the development will replace a long-time parking lot and small commercial building at the northeast corner of Leroy and Greenwich streets. Permits filed last year indicate PMG is seeking to build a 10-story condo tower with five adjoining townhouses. In all, the development will span 44,000 square feet, just half the scope PMG asked the community board to approve last year. That abandoned option called for a larger 30-unit condo building anchoring the site’s corner and spanning much of the Leroy Street frontage. Towards the eastern end of the site, they proposed a modest five-story affordable senior supportive housing facility as a concession to build bigger.
More details ahead
March 22, 2016

It Will Cost $3M to Repair Hudson Yards Train Station, Six Months After Opening

The Post reported last week that the Hudson Yards 7-train subway station, which opened just this past September after more than ten years of planning and delays, was a "disgusting, moldy mess," noting that "leaks, flooded bathrooms and water damage" had put nearly half the escalators out of service. According to a plumber, it's due to poor construction, with the ceilings not being made waterproof. If this wasn't disturbing enough, especially considering the station's $2.45 billion price tag, the Times has new information straight from the MTA: "A spokesman for the authority, Kevin Ortiz, said the contractor, Yonkers Contracting, would pay $3 million to fix the leaks. The work began last Friday and will take up to three months, Mr. Ortiz said."
Get a look at the damage
March 22, 2016

Tribeca Film Festival Co-Founders List Massive Dakota Spread for $39M

Some big-time New Yorkers are selling their big-time pad at The Dakota, the most iconic cooperative in the Upper West Side. Jane Rosenthal and Craig Hatkoff, the couple that founded the Tribeca Film Festival with Robert De Niro, have just listed their sprawling five-bedroom apartment for no small sum—$39 million. The couple purchased the apartment more than 20 years ago, but announced their divorce in early 2014. Now, this very impressive home—actually an assemblage of four apartments covering over 7,500 square feet, with 165 feet of frontage along Central Park—is up for grabs.
Let the drooling begin
March 22, 2016

Three Nordic Designers Collaborate on These Curious Candleholders

These strange but beautiful candleholders come via a collaborative effort by designers from three different Nordic countries. Hugdetta from Iceland, Petra Lilja from Sweden, and Aalto+Aalto from Finland joined forces for an experiment entitled 1+1+1, which "examines and reimagines objects by having each studio design an object consisting of three distinct parts and then mixing the parts up into unpredictable combinations." The result is a series of cabinets, mirrors, lamps, and these candleholders.
Learn more about these strange candleholders
March 21, 2016

Yankee Legend Lou Gehrig’s New Rochelle Family Home Is for Sale for Just $300K

The New York Post reports that Yankee legend Lou Gehrig's former home is for sale. The 2,522-square-foot, four-bedroom New Rochelle house that Gehrig purchased for his parents in 1928–and in which he lived for five years afterward–just hit the market for a surprisingly low $399,999 (assessment rolls list the home's market value as $506,826). According to the Post, the price is so low because it's a short sale, i.e. the seller owes more on the property than the amount of expected profit. Also, the home is being sold “as is.”
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March 21, 2016

The Sale of This $2.8M Stuyvesant Heights Corner Limestone Beauty Will Benefit Creative Kids

There's so much to love about this 4,100-square-foot, four-story limestone townhouse at 271 Stuyvesant Avenue we hardly know where to start. For lovers of historic homes, this 1890s townhouse has a bounty of intact original details on every floor, from fireplaces to inlaid parquet floors to moldings and wainscoting. It's in a great corner spot in the prized Stuyvesant Heights historic district, the Bed-Stuy neighborhood known for its rows of architecturally notable brownstones and limestones. There's outdoor space and a deck; use the garden-level apartment for extra income (or live in the lower unit, with the yard and finished cellar). But perhaps the most rare blessing of this property is that proceeds from the sale of the $2.795 million home will "enable the launch of a non-profit creative residency for marginalized youth," founded by the current owner, renowned photojournalist and Guggenheim Fellow Brenda Kenneally.
Tour this amazing historic townhouse
March 21, 2016

Affordable Housing 101: Should I Buy an HDFC Apartment?

While perusing hundreds of real estate listings you come across one that seems almost too good to be true: it’s in a prime neighborhood, there are two real bedrooms and two real bathrooms, and it’s selling for well under a half million. While you may be pinching yourself over the price tag, rest assured that it’s […]

March 21, 2016

Slate Property Group Seeks to Convert Greenpoint Savings Bank Annex Into Apartments

Slate Property Group is seeking approvals from the Landmark Preservation Commission to convert the rear annex of the landmarked Greenpoint Savings Bank into apartments. Situated within Greenpoint's historic district, at the southeast corner of Calyer and Lorimer Streets, the plan would add an additional two stories to an existing three-story office structure at the corner, ultimately yielding 25 units throughout 40,000 square feet of residential area.
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