Search Results for: Carnegie Hill

Last week we took a look at the lowest priced studio condominiums in Manhattan and northern Brooklyn. Now, here's a glance at the lowest priced rental studio units currently on the market. More than 60 percent of city-dwellers are renters—that's more than double the national average. And with the rental vacancy rate hovering around three percent, it's no surprise NYC is among the most expensive places to rent in the country. The most affordable neighborhood in Manhattan or northern Brooklyn to find a studio rental apartment is Bedford-Stuyvesant, where the median rent is $1,422 per month. Bed-Stuy is then closely followed by Crown Heights and Harlem, with median rents of $1,550 per month. The most expensive neighborhoods to rent in are NoLiTa ($3,848), the Lower East Side ($3,489), and TriBeCa ($3,465). Below you'll find a list of ten of the best individual studio deals on the market right now, and a map showing the studios priced farthest below their neighborhood medians. But move fast because these deals tend to disappear very quickly!
See it all here

Distinctive Homes

February 11, 2016

HOK Architects Files Permits for 21-Story UES Condo Tower, Will Yield New Subway Entrance

Yesterday, Hellmuth Obata & Kassabaum (HOK) filed permit applications with the city's Department of Buildings to construct their first residential tower in the city–an 18-story, mixed-use condominium tower at 147 East 86th Street on the Upper East Side. The 210,000-square-foot project will anchor the northeast corner of Lexington Avenue and 86th Street and will sit directly atop the Lexington line's 86th Street subway station, for which the developers will build a new entrance. The $340 million project is being shepherded by a joint venture among Stillman Development, Ceruzzi Properties, and Kuafu Properties, who will build retail on the first few floors of the building and high-end condo units up top. Much of the site is owned by the the estate of real estate mogul Sol Goldman. Filed plans show that the development will contain 63 units and rise 210 feet, the maximum height allowed in the zoning district.
More details and renderings this way

December 31, 2015

Lofty Duplex Carved Out of an UES Limestone Mansion Asks $3.975 Million

By Emily Nonko

35 East 68th Street, located between Park and Madison Avenues on the Upper East Side, is one of those buildings that is not to be messed with. It's a 13,000-square-foot Beaux Arts mansion designed as a private residence for Harvard-trained physician Dr. Edward Kellogg and grain fortune heiress Mary Dows by Carrere & Hastings–the same architecture firm behind the New York Public Library. Since the now-landmarked building was completed in 1901, it has maintained its elegant, carved limestone facade. The interior, however, is a different story. Somewhere along the line the mansion was converted into a co-op apartment building, split into eight units. Seven of the eight co-ops were on the market this February for $34 million, but it looks like a sale never happened. Now this three-bedroom duplex is up for sale on its own.
See the interior

Distinctive Homes

December 11, 2015

MAPS: Where to Find the Five Best Condo Bargains in Every NYC Neighborhood

With so much focus given to top-of-the-market condo sales and listings, we decided to take a look at the condos at the more "affordable" end of the spectrum, highlighting available apartments priced furthest below their neighborhood median prices. This week we take a look at five listings in five neighborhoods: Chelsea, Park-Fifth Avenue between 50th and 79th streets, Fort Greene, and Murray Hill. But first, be sure to check out 6sqft's interactive maps which pinpoint five of the best available condo bargains in every Manhattan and northern Brooklyn neighborhood compared with their median prices.
Check it all out

Distinctive Homes

December 3, 2015

One Last Chance for St. Mark’s Bookshop; Times Square Is Most Instagrammed Spot in World

By Dana Schulz

After moving from its namesake home to East Third Street last year following a rent hike, the beloved St. Mark’s Bookshop is once again struggling to make ends meet. [EV Grieve] Times Square tops the list of most Instagrammed places in the world. It’s followed by the Eiffel Tower, London’s Tower Bridge, Moscow’s Red Square, and […]

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More Manhattan Rentals Are Listed Above $15,000 Than Under $2,000

Graph courtesy of The Real Deal

November 6, 2015

More Manhattan Rentals Are Listed Above $15,000 Than Under $2,000

By Dana Schulz

Looking for a rental under $2,000 a month? Keep your fingers crossed and head to the Upper East Side. In a new analysis of on-line residential exclusive listings data as of October 8th, The Real Deal concludes that there are more Manhattan rentals priced above $15,000 than there are under $2,000, further proving that the uber-luxury market is not letting up. But for the latter category, the neighborhoods of Yorkville, Carnegie Hill, and Lenox Hill are the best bet. In fact, the UES has more listings below $2,000 than all of Manhattan south of Central Park.
More on the trends this way

Real Estate Trends

September 3, 2015

Miraculously Unscathed by Time, This Historic Wooden UES Townhouse Seeks Tenants

By Michelle Cohen

Townhouses available for rent have a way of seeming decadent and dreamy, the perfect home for a collective of friends or a lucky city family. Their monthly bill is often but a dream for many as well, and this Upper East Side home asking $18,500 a month is no exception; the house itself, however, is quite exceptional. The amazingly preserved home at 120 East 92nd Street, as well as its neighbor at number 122, and a third, a block over at number 160, comprise a trio of wooden houses built between 1859 and 1871, before the city sprung up on all sides. This collection of dainty wooden houses presents an utterly charming shock of nostalgia amid the brick, stone and steel of Manhattan's Upper East. One of the last wood-frame houses to be built in Manhattan, the city's Landmarks Preservation Commission called 120 East 92nd "...a delightful surprise. Time and change have passed it by." But change, in this case, has been good: The three-story, four-bedroom home's longtime owners have renovated it for comfort and livability–and preserved it with the utmost care; it boasts every modern convenience while keeping its historic beauty.
Take a look inside this rare historic home

July 29, 2015

Rare UES Townhouse Addition Coming to Fifth Avenue’s Museum Mile

New buildings along Fifth Avenue on the Upper East Side are hard to come by, but a rare development prospect may be in the works for a small site on a dormant stretch of the avenue in Carnegie Hill. Building permits filed yesterday detail the construction of a five-story residential addition atop an existing eight-story, 30-foot-wide townhouse at 1143 Fifth Avenue, between 95th and 96th Streets. The brick and limestone building designed by J.E.R. Carpenter, was erected in 1923, and up until recently, housed staffers of the French Embassy. Last June, the 16,000-square-foot, seven-unit property was unloaded by the French government for $36.4 million and picked up by a buyer listed as 1143 5th Ave LLC.
More on the potential development ahead

April 3, 2015

Mad for Modern: NYC Homes That Are Cooler Than Don Draper’s Park Avenue Pad

By Michelle Cohen

We admit it: We’re a bit obsessed with mid-20th century modern design–its architecturally and socially advanced concepts so often result in a perfect mix of aesthetic appeal and livability. Sometimes met with suspicion and derision in its earlier days, modernist architecture has endured the test of time and is having an enormous resurgence in popularity and appreciation. How else could you explain fans' obsession with the award-winning and pitch-perfect mid-mod sets on Matthew Weiner’s “Mad Men.” It’s often said that the best ideas in home design are the ones that make the home a great place to live; the origins of modernist design had that idea at their heart. We've rounded up a few of the city’s mid-century architectural treasures and a handful of homes that embody modernist style.
More on the 'Mad Men'sets and NYC's Mid-Century Modern gems this way

March 6, 2015

What $4 Million Bought This Week in NYC

We've all come across real estate listings or recent sales that have us thinking either "Oh! I could live there!" or "What were they thinking?" Well we're going to make it a little easier for you to cast your judgements on the decisions of the rich—and sometimes famous—by rounding up some of the week's most interesting sales for you to compare and contrast. From a Greenwich Village pad purchased by a prolific '90s sitcom director to a classic Upper East Side co-op with crown moulding, this week we'll take a look at what $4 million bought in Manhattan.
See them all here

Real Estate Trends

December 4, 2014

Remodeled Emery Roth Townhouse Returns, Asking $15M

For some reason, this remodeled five-story townhouse at 1145 Park Avenue couldn’t command its initial $18.9 million asking price. Now it has returned with a more appealing $14.9 million tag, and it’s hoping prospective buyers will be drawn to its carefully chosen high-end details and its bright, modern design.
Take a look at more photos, here

Distinctive Homes

On Sale Now: An Unofficial Black Friday Bargain Hunt!

135 West 70th Street Penthouse BC; Listing photo Douglas Elliman.

November 28, 2014

On Sale Now: An Unofficial Black Friday Bargain Hunt!

By Michelle Cohen

Late November can be an anxious time for both buyers and sellers; unpleasant weather, family events and just plain seasonal shutdown mode can reduce the traffic at open houses to a trickle and get properties pulled off the market until after New Year’s Day or even springtime. Sellers may panic and prices get cut in the hopes of getting the deal done before year’s end; it’s a good time for intrepid buyers to stay in the game, though, because the competition factor is at a minimum. After reading about Leo DiCaprio who, like Macy’s, Wal-Mart and Kohl’s, jumped the gun on the traditional discount day by price-chopping his haute-holistic Delos Living penthouse, we rounded up some stellar dwellings that received significant markdowns just in time for the popular post-Thanksgiving Day shop-a-thon. So if you’re on the hunt–or you’ve got a two-bed-two-bath-with-killer-views-sized stocking to fill–check out our list of sale merch of the real estate persuasion that–we hope–won't require you to queue up at the crack of dawn.
10 more discounted deals that are better than lords a-leaping

November 13, 2014

One57 Is the City’s Most Expensive Condo Building

15 Central Park West has held strong as the most expensive condo building in New York City for the last two quarters, according to CityRealty. But while perusing their latest report we were led to their dynamic CR100 building list which reveals that.... wait for it... One57 is, as we speak, the most expensive building in the city. With an average closing price of $6,703 per square foot, this building boasts a per-square-foot premium of $286 per square foot over its predecessor, 15CPW. Units currently up for grabs also top the charts at an incredible $6,719 per square foot.
READ MORE

Real Estate Trends

November 4, 2014

Dennis Mehiel Re-Lists Carhart Mansion Condo Asking $35 Million

Dennis Mehiel, corrugated cardboard magnate who ran against Gov. Cuomo in a 2002 election for lieutenant governor, has put his sprawling 10,350-square-foot duplex at the Carhart Mansion on the market, asking $35.9 million. This, after attempting to claim $35 million for it back in 2008, just a few years after he purchased the pad for only $15 million in 2005--"only" being a relative term, of course. The award-winning condo has a two-story master, an 1,100-square-foot grand salon, and the potential for six more private chambers..
Take a look inside, here

Distinctive Homes

<b>The New Upper East Side: Changes Are Coming Above 86th Street</b>

The Upper East Side isn’t just for your grandparents anymore. Photo by Ed Yourdon cc

October 1, 2014

The New Upper East Side: Changes Are Coming Above 86th Street

By Dana Schulz

There's been so much talk lately about how the Upper East Side is the next cool 'hood--this guy even says it's cooler than Brooklyn--and while that may be true (the neighborhood's got a Meatball Shop; is there really any use denying it anymore?), we have our sights set slightly farther north. The high 80's and 90's, clustered between Park and 1st Avenues, is a hot spot for young professionals who are looking for little more culture and a little less of the bro-tastic bar scene, as well as for just-starting-out families who want a community feel, but not the sky-high rents of Park Avenue and Museum Mile. A slew of new residential developments are popping up in the area, as are fun, independent restaurants and bars. And this piece of Manhattan offers almost just the same transportation convenience as the Upper East Side proper, but with lower rents and a calmer feel.
More on the new Upper East Side

September 29, 2014

The Top 15 Family-Friendly Buildings in NYC

By Elijah Quinton

Last week, we talked to five families currently raising children in New York City’s many diverse and multifaceted neighborhoods about why they pick city living over the suburbs, and most of our readers agreed that they prefer an urban upbringing to the more "traditional" suburban childhood. But once you've decided to raise your children in the Big Apple, it can be tough deciding which neighborhood is best for your family. Many factors come into play: What are the best schools in the area? What amenities does the building offer? Are there playgrounds nearby? How secure is the building? And the list goes on. But to make the process a little easier, we've rounded up 15 of the best family-friendly buildings in New York City.
Check out our list here

September 9, 2014

Regal Penthouse at 1185 Park Avenue Returns, Asking $25 Million

The impressive penthouse at 1185 Park Avenue is back on the market. The palatial estate was listed last year, asking $27.5 million. However, buyers apparently felt that price was too expensive for a sprawling five-bedroom duplex with an astounding 2,850-square-foot wrap-around terrace. So, the Carnegie Hill prewar pad has returned with a $2.5 million discount and high hopes that history won’t repeat itself.
Take a look inside the pristine pad, here

Distinctive Homes

August 14, 2014

When Looking at Manhattan’s Condo Sales the Downtown Market Reigns Supreme

Though everything seems to slow to a glacial pace during the summertime months, a sluggish market wasn't the case for condo sales the week of July 14th. Buyers steadily scooped up prime properties with the city so far recording 249 condo and co-op sales. Manhattan's biggest buys came via the usual suspects—Flatiron's One Madison, and uptown faves Carnegie Hill and the Arpthorp—with deals ranging from $10.1 million up to $14.5 million. According to CityRealty's Market Insight report, although the city's top exchanges registered above 23rd Street, when eyeing contracts closed over the last 90 days, it looks like Downtown Manhattan reigned supreme when it came to the highest number of units sold (337), and the top prices garnered per square foot ($2,077 and $2,047 in the West Village and Soho, respectively). Overall, the area recorded an impressive $1 billion in total sales over the last three months.
All the details in graph form here

Real Estate Trends

July 11, 2014

$10.6 Million Sale on Fifth Avenue Features City Views Like Artwork

The opulent former estate of New York socialite Monica E. Hollander has sold for over $100K over asking, according to city records. The 980 Fifth Avenue co-op was on the market for roughly 6 months before a couple scooped up the gem. Warburg Realty’s Wendy Greenbaum held the listing and we’re guessing she used the apartment’s two most famous neighbors--Central Park and the New York City skyline—as a huge selling point.
Take a look inside, here

June 22, 2014

Manhattan Mansions: 5 of the Biggest (We Mean Gigantic) Single-Family Homes

By Jason Carpenter

Everyone knows Manhattan is all about high-rise condos, tall apartment buildings, and any other kind of building in which people live above other people. But it wasn't always that way. A hundred years ago, there was still room on this small island for the ultra-rich to build mansions all to themselves, single-family homes with the square footage of a castle. Today many of these buildings, all "Millionaire's Row" mansions in the Upper East Side, belong to museums and schools, but the question remains: What are the biggest buildings in Manhattan today that were built as single-family homes?
See our list of mansions here

May 16, 2014

Market Snapshot: The Week of May 16, 2014