Real Estate Wire: Ismael Leyva’s Design for a High Line Condo; Bed-Stuy Real Estate is Red Hot

By Diane Pham

August 5, 2014

Real Estate Wire: Ismael Leyva’s Design for a High Line Condo; Bed-Stuy Real Estate is Red Hot

First look at the Ismael Leyva-designed, Related Companies-developed condominium planned for West 30th Street between Tenth and Eleventh Avenues, a site that overlooks the High Line Park. [Curbed]
Jonathan Miller pinpoints two new records for NYC: The average sales price for NYC residential real estate (co-ops, condos and 1-3 family sales) reached a record $975,441 for 2Q 2014; while the average sales price for NYC residential real estate excluding Manhattan reached a record $542,216. See graphs charting the change over at Curbed. [Curbed]
Developers of Astoria Cove promise to create a ferry terminal to serve the new mega development. [TRD]
Bed-Stuy is red hot. Nine of the nabe’s top 15 residential sales in the past five years are from 2014. The highest rang in at $2.25M. [TRD]
Extell wants to raze one of the former Ring buildings it acquired last year. [CO]

The Ismael Leyva-designed tower at 520 West 30th Street(left); The $2.25M Bed-Stuy townhouse (right)

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More: Real Estate Trends

Tags: Astoria Cove, Extell, High Line, Ismael Leyva, Jonathan Miller

$50M penthouse is the last residence available at the Upper East Side’s famed Surrey Hotel

By Aaron Ginsburg

Manhattan's famed Surrey Hotel is making a comeback. Following bankruptcy proceedings, new owners, and a renovation, the 100-year-old Art Deco landmark at 20 East 76th Street on the Upper East Side reopened last month as a condo hotel, with 100 hotel rooms and 14 condos, part of the Surrey Residences. Now, after a whisper sales campaign, just one remaining apartment is about to hit the market: a three-bedroom duplex penthouse asking $50,000,000. The sprawling residence, the building's most expensive, offers 5,195 square feet plus 2,346 square feet across three terraces and a private rooftop.
tour the penthouse