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Midtown West’s Mercedes House with 80,000+ Square Feet of Amenities Now Offering Two Months Free on Select Leases [link] Up to Two Months of Free Rent at Murray Hill’s The Frontier [link] Two Months Free with 18-Month Leases at Battery Park City’s Gateway Rentals [link] Brodsky Offering Up to Three Months Free at City Tower […]

Real Estate Trends

January 5, 2017

Get 2-for-1 tickets at 74 museums, venues, tours during NYC Attractions Week

By Diane Pham

If you hate flying solo, this deal is for you. Starting January 17th, the city will kick off its first ever NYC Attractions Week, a 20-day (not 7!) extravaganza that will offer two-for-one admission at more than 70 New York destinations and experiences, including museums like the Guggenheim and Cooper Hewitt, rides to the top of the Empire State Building and One World Trade Center, access to Lincoln Center and The Metropolitan Opera House, and much more.
find out more and #seeyourcity

December 28, 2016

Elegant UES co-op brings designer details to a gilded-age Georgian mansion for $1.1M

Many an Upper East Side apartment boasts gracious rooms, decorator swag and grandeur to spare. This one-bedroom co-op at 18 East 84th Street in a prime spot just off Fifth Avenue has designer cred with cool, creative execution–and it doesn't sacrifice a bit of grandeur. This enviable "penthouse" residence is on the top floor of a turn-of-the-century Georgian mansion with plenty of original historic details joining unique and stylish interiors; it's currently asking $1.095 million.
Take the tour

Distinctive Homes

November 22, 2016

Betsey Johnson unloads her pretty pink Upper East Side condo for $1.8M

Iconoclastic designer Betsey Johnson has found a buyer for her Upper East Side condo at 30 East 85th Street. The zany fashionista with a passion for pink purchased the 850-square-foot pad at the top of the market in 2008 for $1.85 million and listed it for $2.25 million in May. With no takers, the price was chopped to $1.8M in October, and the home recently went into contract according to the New York Observer.
See more of the girly-glam pad

Celebrities

November 17, 2016

A penthouse off Central Park on the Upper East Side for $190K? Believe it!

For those of you who say you'd live in a closet just to be near the park, this might be your dream home. And this petite penthouse at 103 East 84th Street isn't just any closet (though it does appear to be under 200 square feet); not only is this unique co-op in a lovely full-service elevator building off Park Avenue, but the space that has been called "Manhattan's most adorable penthouse" boasts a charming and sizeable private terrace to rival many a million-dollar property.
Find out more about this charming garret

Distinctive Homes

October 20, 2016

‘Shark Tank’ guru Barbara Corcoran unloads Upper East Side co-op for $4.8M

Real estate legend and "Shark Tank" star Barbara Corcoran bought a glamorous duplex penthouse on the Upper East Side back in April 2015. She and her husband, former FBI agent William Higgins, dropped $10 million on the pad, quite the steal considering it originally listed for $17 million. A year later, they listed their other home in the 'hood, a classic Rosario Candela-designed co-op at 1192 Park Avenue. Now, five months later, they've unloaded the home for $4.87 million (h/t NYP), just under the $4.9 million asking price and a good deal more than the $3.5 million they bought it for in 2000.
See the apartment here

June 6, 2016

To Increase Affordable Housing, De Blasio Pushes Bill to Lift Development Caps

By Dana Schulz

In a continued quest to push ahead with his goal of adding/preserving 200,000 units of affordable housing over the next decade, Mayor de Blasio is backing a bill that will end state-imposed FAR (floor-area-ratio) caps to promote the construction of affordable housing. By lifting the size limits for residential buildings, and thereby increasing the number of units, neighborhoods currently affected by the cap, such as the Financial District, Midtown, and Hudson Yards, "could see both market-rate and affordable-housing stock soar," reports the Post. However, opponents of the bill feel that there's an underlying motive, catering to developers who have recently been called out for making hefty contributions to de Blasio.
READ MORE

May 23, 2016

Developers Used a Four-Foot-Wide Lot to Build a Taller Upper East Side Tower

By Dana Schulz

The go-to move for building taller than zoning allows is snatching up some air rights, but at 180 East 88th Street in Yorkville, developer DDG Partners found an obscure loophole to increase their building's height. Back in 2014, as the Times explains, DDG received approvals to slice off a four-foot-wide lot from the 30-foot-deep site. This became an official taxable lot, but because it provided a buffer between the building and the street, it allowed the building to avoid typical zoning for structures touching the street, rising to its 521-foot height (60 feet taller than would have been permitted otherwise) and having its entrance on Third Avenue. Now that the motive has become clear, local residents and elected officials are not happy, and adding fuel to the fire is the fact that DDG contributed at least $19,900 to Mayor Bill de Blasio.
The full story ahead

May 11, 2016

Skyline Wars: Accounting for New York’s Stray Supertalls

By Carter B. Horsley

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. Ahead, Carter brings us his eighth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the "stray" supertalls rising in low slung neighborhoods. Most of the city’s recent supertall developments have occurred in traditional high-rise commercial districts such as the Financial District, the Plaza District, downtown Brooklyn and Long Island City. Some are also sprouting in new districts such as the Hudson Yards in far West Midtown. There are, however, some isolated "stray" supertalls that are rising up in relatively virgin tall territories, such as next to the Manhattan Bridge on the Lower East Side and Sutton Place.
read more from carter here

Architecture And Design

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

April 19, 2016

Yankees Commentator and Former Pitcher David Cone Scores $8M Greenwich Lane Pad

David Cone, former MLB pitcher (you might remember that perfect game he threw for the Yankees in '99) and current Yankees commentator for the YES Network, has scored an $8.1 million apartment at the Greenwich Lane, according to city records. This is slightly up from the $7.97 million ask. The four-bedroom spread takes up more than 2,800 square feet and features a private balcony, beamed ceilings, northern and southern exposures, and a luxurious master suite.
Check out the impressive floorplan

April 5, 2016

UES Firehouse Studio That Andy Warhol Rented for $150/Month Is Now Listed for $10M

By Dana Schulz

In 1959, just before his career was about to take off, Andy Warhol bought a townhouse at 1342 Lexington Avenue near 89th Street and moved in with his mother. "But after three years there, canvases had begun to fill the ground floor apartment, while Brillo boxes and Campbell’s soup cans were stacked to the ceilings," reports Blouin Art Info. So when a friend tipped him off to a vacant firehouse nearby at 159 East 87th Street, the pop artist saw an opportunity for his first official studio. He wrote a letter to the city and began paying $150/month for the two-story building with no heat or running water (h/t DNAinfo). It's here that Warhol is said to have created his famous "Death and Disaster" series from 1962-63, and now, more than five decades later, the property is on the market for $9,975,000.
Find out more this way

‘Eloise From Hell’ Spent 35 Years in the Plaza for $500/Month, Until Donald Trump Came Along

Illustration by Hilary Knight, courtesy of Simon and Schuster

March 28, 2016

‘Eloise From Hell’ Spent 35 Years in the Plaza for $500/Month, Until Donald Trump Came Along

Remember the story of Herbert J. Sukenik, the famous Central Park West "hermit holdout?" Developers paid the rent-controlled curmudgeon $17 million and gave him a free massive pad overlooking the park in a legendary buyout. His female counterpart might be one Fannie Lowenstein, whom none other than Donald Trump is said to have ended up bestowing a sprawling suite in the venerable Plaza Hotel at 1 Central Park South, complete with a Steinway grand piano and maid service. For zero dollars a month. For life. Here’s how the story of the woman the hotel staff referred to as “the Eloise from Hell” became yet another Manhattan rent regulation legend, as told by Vice.
Find out more

March 11, 2016

Katie Couric Buys $12M Upper East Side Condo

News anchor darling Katie Couric and her husband of nearly two years, financier John Molner, have purchased a lavish Upper East Side condo for $12,168,087, according to city records released today. The five-bedroom, full-floor spread is located at 151 East 78th Street, a recently-completed building by Peter Pennoyer Architects that has only 14 residences spread across its 16 floors. Couric's new 3,966-square-foot digs are classically elegant, as the architect took a modern interpretation of the Rosario Candela-designed residences on Park and Fifth Avenues. The home begins in a private entry gallery and then opens to the entertaining and bedroom wings.
Take a look

March 10, 2016

Conservative Queen Ann Coulter Buys $577K Upper East Side Co-op

Most residents of the Upper East Side are Hillary supporters, but that didn't stop outspoken conservative political commentator Ann Coulter from buying a co-op in the 'hood. According to city records released today, she bought the two-bedroom home at 12 East 87th Street for $577,000. Interestingly, the sale is significantly under its $1.8 million market value, but it does have a tenant in place who's paying $1,600 a month, and the cash-only listing states that it's for "investors only."
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March 9, 2016

From the ‘Seinfeld Law’ to Doggie Interviews, The Craziest Co-Op Board Stories Around

By Lauren Price

If you think you’re in like Flynn because you’ve got the dough, you’re still far from done if you’re buying a co-op. Since co-ops account for some 75 percent of New York’s housing stock when it comes to buying, you’d better hold onto your hat. That’s because you still haven’t sat in the personal interview-hot seat with the building’s gatekeepers to not just assess your finances, but to evaluate your worth as an individual. Whether you're a billionaire, a celebrity, of just a regular Jane with designs on one of these spaces, just keep in mind that there are a set of commandments that are never to be broken. Because when they are, there will be hell to pay. We've gathered up some of the best co-op board horror stories around, with anecdotes that involve everyone from Jerry Seinfeld to Steven Spielberg to a feisty little dachshund caught up in a bait-and-switch.
some unbelievable co-op board stories here

Real Estate Trends

February 5, 2016

Combine This Matched Pair of UES Townhouses for a $22M Mega-Mansion

Last year, three massive UES townhouses were marketed for megamansion potential and listed for $120 million, and Russian billionaire Roman Abramovich bought this sprawling townhouse combo for his own makeshift manse. Now, here's an opportunity to combine a pair of more modest–though by no means small–late-1800s townhouses for an Upper East Side mansion of your own, albeit on–let's call it a more human scale (forgetting for a moment that some lucky human gets to live in 6,700 square feet with 38 feet of frontage.). When you first see this matched pair of houses side-by-side at 159-161 East 82nd Street, you're struck by their charm and how much they epitomize the neighborhood's tree-shaded, brownstone-lined blocks. The fact that both four-story homes are for sale as a package deal for $22 million presents a mind-boggling list of options. There are even alternate plans that show you where to put a cellar pool (plus a sauna and a gym)!
Take a look inside

January 20, 2016

Units Come Online for 180 East 88th Street, Tallest Building Between 72nd Street and Albany

In spite of a bristling array of glass spires erupting into our man-made mountain range and a global high-rise boom remodeling world cities into alien, cutting-edge anonymity, Manhattan stubbornly manages to appear tellurian. But Joseph McMillan's integrated real estate investment and design company DDG has emerged as one firm genuinely committed to nurturing and progressing our architectural zoo of a city. Their past projects–345 Meatpacking, 41 Bond Street, XOCO 325, and 12 Warren– transcend common architectural styles, clad in a unique palette of materials and composed of an uncanny mashup of parts informed by context, nature, and technology. DDG's latest exotic specimen comes to the architecturally conservative Upper East Side 'hood of Yorkville, at 180 East 88th Street (1558-1556 Third Avenue). The 32-story, 521-foot development will not only be the team's first uptown building, but also their first high-rise. DDG purchased the three-lot parcel from Muss Development for $70 million in 2013, and groundwork earnestly began last spring.
Lots more details and renderings this way

Affordable Housing Lottery Launched for Related’s Yorkville Rental Tower at 205 East 92nd Street

Photographs from mid-October of 205 East 92nd Street by the photoblogger Field Condition.

December 1, 2015

Affordable Housing Lottery Launched for Related’s Yorkville Rental Tower at 205 East 92nd Street

Related Companies' playground-pouncing rental tower at 205 East 92nd Street has launched its housing lottery that provides below-market rents for 47 of the building's 231 units. The 36-story tower is in its home stretch of construction, prepping for occupancy in early 2016. Vested in the city's and state's Inclusionary Housing /421-a programs, 20 percent of the units will be reserved for low-income tenants. Fifty percent of the subsidized units will be reserved for residents of Manhattan Community Board 8 (covering the Upper East Side and Roosevelt Island) and an additional 5 percent for municipal employees. Selected applicants will be provided apartments at a tremendous discount when compared to the neighborhood's market-rate rents. According to CityRealty, the median rental price for a one-bedroom in Yorkville stands at $3,210; and $5,398 for two-bedroom apartments. Affordable one-bedrooms at 205 East 92nd will start at $607 and two-bedrooms at $736.
More details and pricing

October 19, 2015

Candy Entrepreneur Lists Glassy, Modern UES Condo for a Sweet $6M

By Emily Nonko

When most people think Upper East Side real estate, they think of historic and grand co-op apartments and townhouses. This condo, located in a very modern and very glassy building at 147 East 84th Street, is an exception. The three-bedroom duplex pad is outfitted with floor-to-ceiling windows, fancy fixtures, some bold wallpaper and a screening room to boot. Simply put, it's anything but a historic old residence. It has been on and off the market for a few years now, with a price tag right around $5 million, and now it's asking $6.495 million. The seller is candy entrepreneur Mark Tarnofsky, who listed just in time for Halloween.
Check it out

Distinctive Homes

October 16, 2015

Rather Modest UES Townhouse Has Five Floors, Seven Fireplaces, Two Kitchens, Mail Center and Elevator

We've pretty much seen it all when it comes to no-holds-barred luxury in an Upper East Side townhouse, and this five-story, 7,000 square-foot specimen at 17 East 83rd Street is by no means the most opulent. But when the listing starts with "elevator townhouse," you know you're probably not in for a lot of skimping. And when you learn there's a "separate service entrance/mudroom with paw washer," and a "mail center," well, Billionaire's Row is looking a just a bit like Dogpatch... The current owners of this Manhattan mansion—an investor and an interior designer—purchased it for $2.9 million in 1998, which, sure, was 20 years ago, but if they get anywhere close to their ask of $24.5 million, it's still quite a payday. A tidy sum, it's true, must have been spent on renovations in this townhouse-that-treats-you-like-a five-star-hotel–though now that we think of it, where's the pool?
Take the tour (good thing there's an elevator)

Distinctive Homes

October 2, 2015

New Yorker Spotlight: John Philis Serves Up Luncheonette History at Lexington Candy Shop

By Susan Cohen

On the corner of 83rd Street and Lexington Avenue sits a luncheonette with a lot of history. Lexington Candy Shop was opened in 1925 by third-generation owner John Philis’ grandfather, and for nine decades the shop has served American classics to Upper East Siders. In a city that was once full of luncheonettes, this is believed to be the only one left in Manhattan. Perhaps it's because John is carrying on two traditions–keeping a family business alive and preserving a piece of American culture. He takes great pride in Lexington Candy Shop’s rich personal and national histories, especially since 2015 marked the shop's 90th year in business. We recently spoke with John to learn about the shop’s history and find out how the local gem mixes the past and present in every milkshake.
Get John's story this way

October 1, 2015

New Photos Inside Billionaire Carlos Slim’s UES Mansion Asking a Record $80 Million