February 18, 2015

POLL: Do You Support an $8 Bridge Toll to Raise Funds for the MTA?

Yesterday we looked at a new proposal from MoveNY to toll four East River bridges (Manhattan, Brooklyn, Williamsburg, and Queensboro) and 60th Street in Manhattan in order to “raise funds for the MTA’s five-year capital plan (which is about $15.2 billion short of its target), and to make the cost of the city’s transit more equitable.” Drivers with […]

February 18, 2015

Historic Home Labeled the ‘Height of the Heights’ Can Be Yours for $7.9M

Calling all historic preservationists, townhouse connoisseurs, and brownstone lovers. If you’re looking to nerd out on original detail and old polite-society New York, we may have found just the home for you. The broker of this bauble cleverly describes it as the “height of the Heights” because of its location in a quiet cul-de-sac at the highest elevation in Brooklyn Heights. The five-story home has only had a few owners, so it’s well-preserved, and it boasts a restored brownstone façade on a 125-foot lot.
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February 18, 2015

Sony Building Penthouse Will Ask a Record-Breaking $150M

There's a new priciest listing record in town, and it goes to the $150 million triplex penthouse at the Chetrit Group's Sony Building condo conversion, according to The Real Deal. The 21,504-square-foot unit will occupy floors 33 through 35 of the 37-story tower at 550 Madison Avenue and have a private elevator, eight bedrooms, eight bathrooms, and ten powder rooms. If it gets what it's asking for, it will break the record for the current highest condo sale, the $100 million penthouse that sold at One57 last month.
Check out the impressive Sony Tower floorplans here
February 17, 2015

Orlando Bloom Looks to Flip His Tribeca Loft for $5.5M

Maybe Orlando Bloom didn't like having New York's very own welcome ambassador Taylor Swift as a neighbor... because after only eight short months*, he's put his Tribeca loft back on the market. Back in June, Bloom purchased the three-bedroom apartment at the Sugarloaf Warehouse building for $4.88 million, and he's now looking to rake in just under $1 million in profit, re-listing the home for $5.5 million. It was reported over the summer that the actor was drawn to the loft's “cast-iron columns, exposed brick walls, open chef’s kitchen and wood-beamed ceilings,” but clearly that wasn't enough to keep his attention.
See what else Orlando Bloom is giving up
February 17, 2015

Live in Your Very Own Lighthouse and Tugboat for $425,000

Factories, stables, churches—even former department stores—have all found new life as residential properties within the five boroughs, and we’ve had the pleasure of bringing many of those to you as part of our Cool Listings. But every now and again a uniquely special property outside the borders of New York City catches our eye and we feel compelled to let you in on the secret.
More on the lighthouse here
February 17, 2015

A Pierre One-Bedroom Going for $120,000/Month; Rem Koolhaas Design Coming to the High Line

Although someone’s rented out the Pierre’s $500,000/month presidential suite, there’s still a one-bedroom available for $120,000/month. [NYDN] Rem Koolhaas will design Related’s new building along the High Line. [Architizer] The Branson at Fifth is the city’s worst ‘illegal’ hotel. [Crain’s] Rafael Vinoly is designing a townhouse on East 64th Street. [Curbed] Teamsters have put a […]

February 17, 2015

Chinatown Loft by Buro Koray Duman Architects Mixes Tenement Details with Bright, Modern Geometry

If you take a look at the exterior of this Chinatown tenement building located across the street from Sarah Roosevelt Park, you might imagine that the apartments inside are typical cramped railroad-style units with the token exposed brick wall as a selling point. But this unit, renovated by Buro Koray Duman Architects, looks like it could be in a swanky Miami hotel or sunny LA condo. When Turkish-born architect Koray Duman bought the residence in 2011, the 750-square-foot corner apartment was a dark, three-bedroom renovation from the 1980s. He and his firm transformed it into a bright, open one-bedroom loft with bold, sculptural architecture and décor.
Tour the home here
February 17, 2015

Two Non-Glass Homes on Philip Johnson’s Iconic Glass House Campus Will Open to the Public

If you've never visited Philip Johnson's world-famous Glass House in New Canaan, Connecticut, you probably imagine it as a single, transparent structure sitting on a vast swath of land. But, in fact, it's one of 14 buildings on the 49-acre campus, which together made up what Johnson and his partner David Whitney considered "the perfect deconstructed home." So, the couple didn't live in the Glass House quite like most of us thought, but rather used it as the focal point of a glamorous weekend retreat. When the Glass House compound reopens for tours this spring, two of these lesser-known structures will be open to the public–the 1905 shingled farmhouse Calluna Farms, which was used as an art gallery and sometimes as a sleeping spot, and an 18th-century timber house called Grainger that served as a movie room for Johnson and Whitney.
More on the Glass House compound
February 17, 2015

Group Proposes $8 Toll on Popular East River Bridges to Raise Funds for the MTA

Image via Wikimedia Commons Car-happy city folk are sure to grumble over this latest proposal from MoveNY to toll four East River bridges (Manhattan, Brooklyn, Williamsburg and Queensboro) and 60th Street in Manhattan. The group's plan, backed by former traffic commissioner Sam Schwartz, is looking to raise funds for the MTA's five-year capital plan (which is about $15.2 billion short of its target), and to make the cost of the city's transit more equitable. The new program would apply a $5.54 toll each way for bridge-crossers traveling with an E-ZPass, while drivers without an E-Zpass will have to shell out $8 to cross each time. The same tolls would also be applied to all avenue crossings at 60th Street.
Find out more here
February 17, 2015

Proposed Condo Tower Could Stall Entire South Street Seaport Redevelopment Plan

Less than a week after it was revealed that the Howard Hughes Corporation paid $31 million for more than 300,000 square feet of air rights at the South Street Seaport, it looks like the entire $1.5 billion redevelopment project could be stalled. The overall plan would breathe new life into the downtown historic district by rehabilitating crumbling piers, preserving and finding new use for landmark buildings and constructing a 42-story waterfront condo tower at the foot of Beekman Street. And it's this last point that has local officials, civic groups, preservationists and some community residents worried or downright angry. The 494-foot-tall, SHoP Architects-designed tower has already been scaled back from its original 650 feet, but concerned parties still feel that the building would "obscure views of the Brooklyn Bridge and clash with the low-scaled, early-19th-century brick buildings that make up the 11-block seaport district, once the center of the city’s maritime industry," according to the New York Times.
More on the debate
February 17, 2015

$2.7M Countrified Brooklyn Heights Pad Offers the Best of Both Worlds

If you like your city with a side of country, you’ll love this Brooklyn Heights duplex penthouse on Remsen Street, asking $2.675 million. This place is the definition of the best of both worlds: a city pad with a bucolic vibe, original details with modern technology, plus it’s spacious and has a private planted deck while still being close to transportation and neighborhood hot spots. Yes, this penthouse definitely earns the title of most well-rounded.
More pics inside
February 16, 2015

Historic Ship-Inspired Townhouse in Prospect Lefferts Gardens Hits the Market for $1.5M

It's not rare to find an amazing historic townhouse in Brooklyn, but this is a first for us–an Arts and Crafts-style home inspired by the original owner's career as a shipbuilder. Built in 1914, 26 Winthrop Street is a 20.5-foot-wide, three-story red brick house that sits on an extra-deep lot of 132.5 feet in Prospect Lefferts Gardens. What makes the residence one-of-a-kind is the living room, modeled after a ship's stateroom and complete with a vaulted ceiling and floor-to-ceiling mahogany wainscoting.
See the rest of the house here
February 16, 2015

VIDEO: Katz’s Deli Owner Shares Stories of the Shady LES of 20 Years Ago

By now many of you have probably seen this amazing video showing a changing Lower East Side circa 1995. While plenty of colorful characters and weirdness abound, let's not forget that the area at the time was also one of the city's most unsafe. As part of the new video series called "True Yorkers," Katz's Deli owner Alan Dell reflects on the Lower East Side that once was—well before it transformed into the bar crawl we know today. Sharing his own memories of the neighborhood as a kid, and more poignantly his opinion of what it has become, Dell's recount really makes you think about just how severely pacified and homogenous today's version of New York is. "A lot of people from the neighborhood moved away...I just can't get used to it," Dell says in the episode. "I have customers talking about their million dollar penthouse on Rivington Street—it blows my mind. The Bowery was unsavory, there used to be bums, I don't even know if kids know what a bum is...You know, they call it progress, I'm not really sure about that. It's a mixed bag...15-20 years ago we were closing early. Unless you were coming to buy crack late at night over here, it was not safe...it's just changed. It's just different."
watch the video here
February 16, 2015

Darling Tin-Ceilinged One-Bedroom in the Heart of Gowanus Asks $2,550/Month

There’s a new rental available in up-and-coming Gowanus, and it’s asking $2,550 per month. This one-bedroom has a shared garden and laundry facilities along with a dizzying black-and-white checkered bathroom that will either make you fall in love or just get really disoriented. But even if that's not your thing, charming original details like tin ceilings and wide-plank hardwood floors more than make up for it.
Check out the rest of the rental
February 15, 2015

Check Out Studio Benjamin Dillenburger’s Wild ‘Phenomena’ Submission for MoMA’s 2015 YAP

Last week, MoMA PS1 announced the winning design for this year’s Young Architects Program (YAP), which will be featured this summer in the Long Island City museum’s outdoor courtyard. The top spot went to Andrés Jaque of the Office for Political Innovation for COSMO, a moveable environmental artifact made out of customized irrigation components. And while this interactive water purification sculpture is highly deserving, the runners-up shouldn't be ignored. Among the short list of finalists was Phenomena by Benjamin Dillenburger and Michael Hansmeyer of Studio Benjamin Dillenburger, which "addressed the idea of phenomenology in design, creating an experiential space that stimulates all the senses and hosts multiple programs." It combines a performance space, a highly articulated projection screen, and an ornate fountain, challenging how people experience live events by making the viewer part of the production.
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February 14, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

Adrian Grenier Buys Five-Story Clinton Hill Townhouse for $2.1 Million Mapping Where in NYC Millennials Live PlaceInvaders Invites You to Have Dinner in NYC’s Most Extraordinary Private Homes What Would NYC Look Like If Sea Levels Rose 100 Feet? Joan Rivers’ Legendary Upper East Side Penthouse Is on the Market for $28M Would You Live […]

February 13, 2015

New Yorker Spotlight: Curator Sarah Forbes on the Museum of Sex (It’s Not Exactly What You Think It Is)

If you've walked along lower Fifth Avenue, then the Museum of Sex most certainly has caught your eye; maybe you've even visited it and seen a few of the exhibits curated by Sarah Forbes. Sarah is the museum's sole curator, which means it's her job to conceive and oversee exhibitions on a myriad of topics related to sex. Her goal is the same as the museum's goal: to expand visitors' horizons and to dispel myths and misconceptions that are out there. Beyond educating the public through its oftentimes provocative exhibits, the Museum of Sex is dedicated to sharing information and artwork through its permanent collection of over 15,000 artifacts as well as its research library and media archive. With Valentine's Day approaching, we couldn't think of a better time to chat with Sarah to find out more about New York's relationship with sex, how the museum helps the city understand it differently, and why it's the perfect spot to celebrate the holiday.
Read on for our interview with Sarah
February 13, 2015

Would You Live on the 13th Floor of a Building? A Look at Our Irrational Fear of Numbers

In honor of Friday the 13th, The Atlantic took a look at the number 13—and namely how obsessively superstitious some individuals can be when it comes to certain digits and our inclination to apply a deeper meaning to them. 18, for instance, is chai in Hebrew, which means life; while number 2 represents balance and cooperation in Chinese; and of course we're all familiar with the divine and oh-so-lucky number 7. But then there's 13, a number generally looked upon as especially sinister, particularly in Western culture. In fact, 13 is so suspect that there's even a scientific name for the fear of the number: triskaidekaphobia (a fear of Friday the 13th the date is called paraskevidekatriaphobia, by the way). But here's the funnest bit in the piece that really grabbed our attention: Taking a closer look at New York's residential buildings with the help of CityRealty, they found that of the 629 buildings with 13 or more floors, only 55 had labeled the 13th floor as the 13th floor—that's only 9 percent of the total. Common placeholders they found were 14, 12B, 14A, M (the 13th letter in the alphabet) or simply "Penthouse" if the top unit sat on the 13th floor.
More from the 13th Floor here
February 13, 2015

Park Slope Brownstone with Seven Fireplaces Checks All the Boxes for $3.2M

From its meticulously maintained façade to the oh-so-gorgeous interior details to the amazing private garden, this well-loved four-story residence at 113 6th Avenue is what Park Slope brownstone living is all about. Twelve-foot-high tray ceilings welcome you into the well-apportioned living room, where extra-tall windows drench the sizable space with sunlight and a stunning marble fireplace makes a grand impression as one of the home's seven warm hearths.
See how many fireplaces you can find
February 13, 2015

Harlem’s Affordable Live/Work Space for Artists Complete; Why Long Island is Dying

Leasing has begun at the newly renovated luxury homes at Shorecrest Towers at Trump Village. The homes, located in Coney Island, start at $1,500 for studios, $1,650 for one-bedrooms and $2,332 for two-bedrooms. [6sqft inbox] Three reasons Long Island isn’t seeing any growth when compared to other suburbs. [CityLab] HHL Architects has complete work on Artspace […]

February 13, 2015

Single for Valentine’s Day? The Towers of Hudson Yards Are Looking for a Date

Single building lovers, have no fear. Hudson Yards is happy to be your Valentine. As a marketing tactic, the entire project, along with all five of its towers, got profiles on the fake dating site Building Mingle. 15 Hudson Yards, the residential tower designed by Diller Scofidio + Renfro, has a celeb crush on the Guggenheim and its great curves and describes his type as "Anyone who works with concrete and steel. I'm looking for stability."; 10 Hudson Yards enjoys "When Harry Met Sally" (It's a classic romantic comedy!); and 30 Hudson Yards is a little shallow and is looking for someone tall and slender who isn't afraid of heights.
See all the profiles here
February 13, 2015

Love Set in Stone: Bring Your Date on a Valentine’s Day Trolley Ride in Green-Wood Cemetery

What could be more romantic than a cozy mid-winter afternoon trolley ride through one of NYC’s most interesting national historic landmarks, Green-Wood Cemetery? Celebrate this most romantic of holidays with a bit of a gothic twist: Expert guide Ruth Edebohls will lead a tour highlighting historic power couples, romantic monuments and tales of love everlasting, both triumphant and grim. You can also view Civil War love letters […]

February 13, 2015

Tiny Brooklyn Apartment Is Covered with 25,000 Ping Pong Balls

From afar, the walls of this tiny Brooklyn apartment look they're covered in geometric wallpaper, but get up close and you're in for quite the surprise. Daniel Arsham, partner and co-founder of Snarkitecture, a cross-disciplinary firm that blends art and architecture, used 25,000 ping pong balls that had lost their bounce to create this incredible wall mosaic as part of an accelerated design experiment.
More on this incredible design
February 13, 2015

OBRA Architects’ Centrifugal Villa Is a Wooden Home with a Hollow Heart

OBRA Architects' Centrifugal Villa is not your average wooden family home. Located on a five-acre site in Southampton, it overlooks a pristine agricultural reserve framing the green landscape through its many all-around windows. Its name comes from its original circular layout, which in the architects' own words, is "arranged around a hollow center, as if the heart of the house had somehow fallen outside its body."
Learn more about this centrifugal wooden home
February 12, 2015

The Meatpacking District: From the Original Farmers’ Market to High-End Fashion Scene

Why is it called the Meatpacking District when there are only six meat packers there, down from about 250?  Inertia, most likely. The area has seen so many different uses over time, and they're so often mercantile ones that Gansevoort Market would probably be a better name for it. Located on the shore of the Hudson River, it's a relatively small district in Manhattan stretching from Gansevoort Street at the foot of the High Line north to and including West 14th Street and from the river three blocks east to Hudson Street. Until its recent life as a go-to high fashion mecca, it was for almost 150 years a working market: dirty, gritty, and blood-stained.
Read the full history here
February 12, 2015

New Report Shows It’s More Expensive to Rent in Queens than in Brooklyn

A new report released today by Douglas Elliman shows that Queens has surpassed Brooklyn in most expensive rents. The median montly rent in Western Queens rose to $2,905 in January, a 30.7 percent jump from the same time last year. That's $4 more than North and Northwest Brooklyn's median rent, which only rose 2.5 percent to $2,901. We shouldn't be so surprised, though. With constant news of skyrocketing prices in Brooklyn, a lot of attention has been turned to Queens, especially up-and-coming neighborhoods like Ridgewood, as well as already-established hip spots such as Long Island City and Astoria.
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February 12, 2015

Following a Two-Year Renovation, Park Slope’s ‘Lighthouse’ Asks $7.5M

A gut-renovated four-story townhouse on Garfield Place has just hit the market, asking $7.5 million. The owners of the “Lighthouse,” as it’s been christened, paid $2.6 million for it back in 2012. Then they hauled in the big guns—CWB Architects, Tamara Eaton Design, and Pilaster Contracting—to give it an intense two-year makeover. The result is a gorgeous five-bedroom home with Dinesen Douglas fir floors, a solarium, 880 square feet of exterior space, and a new two-story glass extension and rear wall.
More pics inside
February 12, 2015

$30M Mega-Mansion Coming to Soho; New Developments Heating up the Jamaica Real Estate Market

A massive, 13,000-square-foot mega-mansion is coming to Soho. Madison Equities will combine two existing townhouse development sites to create a completely customizable $30 million home. [NYDN] Several mega projects coming to Jamaica may prove to be the real estate tipping point for the Queens ‘hood. [TRD] Hudson Yards developers get $180 million in tax breaks. […]

February 12, 2015

re-fashioNYC Makes It Easy to Clean Out Your Closet by Coming to You

NYC Fashion Week kicks off today–what better time to de-clutter, de-hoard, and make some room in your closet. Every year New Yorkers jettison approximately 200,000 tons of clothing, shoes, handbags and other textiles and clothing items. re-fashioNYC is a partnership between the NYC Department of Sanitation and Housing Works that is making it easier than ever to donate those items instead. The convenient in-building service will supply collection bins to your apartment building (with over 10 units), workplace, gym, school or other public building, then collect the contents whenever the bins are full. re-fashioNYC is completely nonprofit and charitable–all proceeds from donations support the charitable mission of Housing Works to end homelessness and AIDS. Nothing donated is sent to landfills.
Find out more
February 12, 2015

Spectacular Park Slope Mansion Comes with Private Parking and a Twice-Reduced Price

A short walk from Brooklyn’s Grand Army Plaza is a row of four neo-classical townhouses that have been presiding over Plaza Street West in Park Slope since the late 1800s. Anyone strolling past will be instantly charmed by the intricately carved cornices, striking wrought iron doors, and relief-cast designs gracing the limestone façades. As beautiful as they are on the outside, one can only imagine what treasures can be found inside. And the residence at #5 does not disappoint.
Check out this home's spectacular interior
February 12, 2015

Carmelo and LaLa Anthony Score an $11 Million Pad Overlooking the High Line

New York Knicks star Carmelo Anthony and wife LaLa have been on the hunt for a Chelsea home since last fall, and after touring countless multi-million dollar homes (like this one and this one) it looks like the pair have settled on a High Line-adjacent condo at Cary Tamarkin’s new 10-story, 15-unit complex at 508 West 24th Street. The Post reports that the hoopster is putting down $11 million for a massive full-floor home.
Check it out here
February 12, 2015

Pier 55 Floating Park Moves Forward with a Lease Deal

Last we heard about Pier55–the 2.4-acre futuristic floating park and performance space proposed by billionaire media mogul Barry Diller that would jut 186 feet into the Hudson at 13th Street–Community Board 2 had mixed feelings about the project. They liked Thomas Heatherwick's design, but cited concern over the lack of transparency from Diller and the Hudson River Park Trust. Despite these feelings, though, we've learned today from the Times that the Trust approved a lease agreement with Pier 55 Inc., a nonprofit group controlled by Diller, to help develop the $130 million public space. Diller has already pledged $113 million toward the project through the Diller-von Furstenberg Family Foundation (his wife is fashion designer Diane von Furstenberg). So, what's next?
What's to come for Pier 55
February 12, 2015

HBO’s Robert Durst Crime Documentary Series Premieres, Is Creepy but Fascinating

“The Jinx: The Life and Deaths of Robert Durst,” the six-part HBO documentary series about the black-sheep older brother of commercial developer Douglas Durst of the multibillion dollar Durst Organization (developers of One World Trade Center), premiered on February 8th. Andrew Jirecki, the director of the series, has a long-held fascination with the program's subject, first directing a feature film, “All Good Things,” in 2010, starring Ryan Gosling in the Durst role. Robert Durst sat for over 20 hours of interviews with the filmmaker–the basis of the controversial series, the draw of which is that it “stars” Robert Durst (now 71) as himself.
more on the series here
February 11, 2015

The New Broadway Plan Could Bring 3,000 Housing Units to West Harlem, 50 Percent Will Be Affordable

You may remember the Harlem Promenade project, which proposed transferring air rights over the Amtrak rail lines in West Harlem to create affordable housing and using the sale of the air rights to pay for $170 million in community improvements in Hamilton Heights, including a High Line-esque park. We've now learned that the project has taken on a new life as the New Broadway Plan, which may be smaller in scope than the original plan, but would be the largest creation of affordable housing in Manhattan since 1959 if fully realized. It would also make a huge dent in Mayor De Blasio's goal of creating or preserving 200,000 affordable units over ten years. The Plan proposes a rezoning of portions of Broadway from 125th to 155th Streets in order to build 3,000 new units of housing, 50 percent of which will be permanently affordable, and to equalize the amount of new affordable to market rate housing stock, which is currently at a disproportionate ratio of 20 percent to 80 percent, respectively.
Get the scoop here
February 11, 2015

A New Bjarke Ingels or Rem Koolhaas-Designed Development Could Be Coming to the High Line

The High Line is continuing its trajectory as the destination for the city's most exciting new architecture, and it looks like another starchitect could soon join the already impressive roster of designers making their mark on the area. The New York Post reports that HFZ Capital Group is currently in the works to bring a "monumental" new structure to a lot located next to the elevated park at 76 11th Avenue—a site that spans from 17th to 18th and across 10th to 11th Avenues. Although the parcel is still in contract (expected to close in April), HFZ has reportedly already tapped Bjarke Ingels (BIG) and Rem Koolhaas for initial drawings, which were revealed by the company's head, Ziel Feldman, yesterday at the Young Men’s/Women’s Real Estate Association luncheon. The renderings are said to show "triangular structures that won't block views".
Find out more here
February 11, 2015

Experience the City’s Skyscrapers in Cartoons with The New Yorker’s Bob Mankoff

Condé Nast's move into One World Trade Center means more than just the offices of Vogue settling in downtown, but also some other 3,000-odd editors, writers and advertising folks that make up the publishing giant's empire. Amongst these magazines is, of course, The New Yorker. In this week's installment of the magazine's "Cartoon Lounge," cartoon editor and cartoonist Bob Mankoff takes a moment to commemorate the magazine's move into the supertall icon by musing over the skyscrapers that have appeared in The New Yorker since the city's 1920s building boom. From his office on the 38th floor of One World Trade, watch as he shares his favorite cartoons and his own experience of seeing the New York City skyline as a kid in Queens. This video is sure to make you smile!
Watch the video here
February 11, 2015

CWB Architects’ Bug Acres Uses a Screened Porch to Bring the Outdoors In

Standing among an idyllic garden with centenarian trees, a stream and granite rocks, this beautiful Woodstock retreat is perfect for a relaxing weekend away. Dubbed "Bug Acres," it was built to replace an old property that used to stand on the same site, and it was exclusively designed for "amplifying the owner’s visual and auditory experience of the landscape from the interior spaces," according to CWB Architects. Our favorite part of the house is the screened cedar porch, which comes complete with minimal decoration and a sweet wood-burning stove, letting you be one with nature from the comfort of a warm home.
Learn more about this woodland retreat with a stream
February 11, 2015

Snøhetta Transforms a Gowanus Warehouse into a Mural Studio for Cuban Artist José Parlá

You've probably seen the murals of Cuban-American artist José Parlá in the lobbies of One World Trade Center and the Barclays Center. With such high-profile clients, it's no wonder he worked with starchitecture firm Snøhetta, who completed the 9/11 Memorial Museum Pavilion, to create his personal artist's studio. Collaborating together, Parlá and Snøhetta transformed a Gowanus warehouse into a double-height workspace that retains industrial characteristics of the building like beamed ceilings, exposed piping and electrical fixtures, and concrete floors. To tailor the studio to their client's needs, the firm re-opened old skylights to let natural light in to the middle of the work space, and they painted all the walls neutral grey tones so Parlá's bright paintings really stand out.
More on the project
February 11, 2015

A Rich (and Potentially Famous) Buyer Snags the Penthouse at 250 West for $29.5 Million

After yoyo-ing on and off the market over the last two years, the penthouse at 250 West has finally found a buyer. City records filed this afternoon reveal that the unit traded hands for $29.5 million, way down from its original $42 million asking price back in 2013. The buyer was shielded under an LLC, but it was previously reported that the penthouse was being marketed to high-profile individuals, celebs amongst them, given its private entrance separate from the door used by the rest of the residents. Leonardo DiCaprio was rumored to be one of the names to have checked out the space—though he eventually purchased a pad at the Delos. With that in mind, we wonder who nabbed this Tribeca deal.
Check out the interiors here
February 11, 2015

Former Greenpoint Night Club Turned Spectacular Live/Work Loft Wants $11M

You wouldn’t exactly know it from the exterior, but inside this two-story brick and steel warehouse is a renovated loft with all the size and flexibility anyone could ask for to create a dream home. In 2010, artist Matthew Day Jackson bought the former Studio B nightclub for $2 million. He gave it a serious makeover, creating a 15,000-square-foot live/work space, which is now asking $11 million.
More pics inside
February 11, 2015

New Research Shows More Than 58 Percent of NYC Airbnb Listings Possibly Illegal

Airbnb has been under constant scrutiny in recent months, whether for its potential threat to the affordable housing market or the fallout for bed and breakfasts forced to shutter in the wake of the battle. Now, new research from Capital New York shows that more than 58 percent of New York City's Airbnb listings could be illegal, as they are for "entire apartments or houses, meaning no one else would be present during a stay." According to a state multiple dwelling law that was introduced in 2010, it's illegal to lease homes (excluding one- and two-family homes) for less than 30 days when the owner or tenant isn't present. But Capital found that of the 15,977 apartments listings on Airbnb, only one cites a requirement for a stay longer than a month. While the data isn't conclusive on how many listings could be exempt from the law, more than 10,000 listings are in Manhattan where single-family residences are less likely.
More on the findings ahead

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