Search Results for: Woolworth Building

September 24, 2014

$130 Million Penthouse at 520 Park Avenue Will Be the City’s Most Expensive

The Ritz Carlton penthouse combo has just been shoved from its top spot as the city's priciest listing and replaced by the triplex penthouse at Zeckendorf Development Co.’s 520 Park Avenue. At $130 million, it will become the most expensive to ever hit the market, beating out the Ritz pad by about $11 million. According to Bloomberg, the building's sales plan was approved by the New York State attorney general's office last week, and Zeckendorf is already calling the penthouse "the greatest apartment on the Upper East Side.”
More here

September 18, 2014

Glass vs. Stone: An Epic Architecture Battle

By Dana Schulz

Decisions, decisions...sometimes there's just far too many in New York City. Thai or Chinese takeout? Subway or bus? Central Park or the High Line? The list goes on. And one of the most grueling decisions we make as New Yorkers is where to live. From choosing a borough and neighborhood to deciding on a price point, it's quite the undertaking. But what about the most elementary component of the building in which we decide to live--it's material. To be more exact, glass or stone. Glass tower dwellers are often drawn to the floor-to-ceiling windows, panoramic views, and clean lines, whereas buyers of apartments in stone buildings prefer a more traditional feel, with pre-war-style layouts that provide great separation of spaces. And some of the city's most prominent architects have become synonymous with one style or the other. Think Richard Meier for glass and Robert A.M. Stern for stone. CityRealty decided to take a closer look at this epic battle and see how pairs of glass and stone developments fared across the city.
See how these buildings battle it out

August 23, 2014

Weekly Highlights: Top Picks From the 6sqft Staff

By Dana Schulz

Our list of architectural saviors includes sites saved from the wrecking ball, as well as those that have remained intact and been adaptively reused. We looked at the history of Herald Square AND Gramercy Park (it was a nostalgic kind of week). Floorplans of the Woolworth Building’s $110 million ‘Pinnacle’ penthouse were revealed, making it one of the […]

Uncategorized

July 2, 2014

Demolition Permits Filed at 101 Murray – The Site of Downtown Manhattan’s Future Tallest Condo

By Ondel Hylton

Demolition permits have been filed with the Department of Buildings for the tallest condominium building south of 'Billionaires' Row.' The approximately 950-foot tower revealed by real-estate blogger YIMBY last month will house 129 condos within a dramatic champagne flute-like design by the architects Kohn Pedersen Fox Associates. Tentatively named 101 TriBeCa, the uppermost floorplates increase in size to take greater advantage of views uptown and towards the river that most likely will remain unobstructed years to come due to restrictive zoning in TriBeCa and Battery Park City.
more on the new tower here

June 20, 2014

Combined Ritz-Carlton Condos Look to Set Record With $118.5 Million Asking Price

By Aisha Carter

What’s better than getting $56.5 million for your 7,600-square-foot, five-bedroom duplex? Joining forces with your neighbor and adding in your second apartment to list the whole kit and caboodle for a record $118.5 million. At least that’s what Five Star Electric’s Gary Segal chose to do, according to the Wall Street Journal. Segal briefly listed his Ritz-Carlton duplex, which has two terraces and views of the Statue of Liberty and One World Trade Center, for $56.5 million last year before apparently getting shiny ball syndrome and taking it off the market. Who wants $56.5 million when you could get $7,600 per square foot? It appears his neighbor, financier Randall Yanker, agreed after putting his 4BR/5BA duplex up for sale earlier this year, asking $23 million, then lowering to $19 million, before ultimately taking it off the market.
Check out some photos of the three-condo combo here

Distinctive Homes

April 29, 2014

Demolition Begins at 43 East 22nd to Make Way for Bruce Eichner’s New Supertall Condo

By Ondel Hylton

A new 80-unit condominium tower at 45 East 22nd street will bring the distance between New York’s two preeminent skylines a bit closer. Ian Bruce Eichner’s, Continuum Company has plans to build the loftiest skyscraper between the Empire State Building (1,250 feet) in Midtown and the Woolworth Building (792 feet) in the Financial District. The project designed by the high-rise pros of Kohn Pedersen Fox Associates, stretches skyward 60 floors — a whopping 778 feet from an unassuming 50-foot wide lot currently occupied by two row-homes. We recently stopped by the site to see how things are coming along, and it looks like demolition has just started. Check out our survey and snaps of the project ahead.
More photos and renderings here

Architecture And Design

Buying an apartment in NYC: Condo or co-op?

Photo by Garrett Lawrence on Unsplash

August 2, 2024

Buying an apartment in NYC: Condo or co-op?

By 6sqft

Choosing between a co-op and a condo is a significant decision for potential homebuyers in New York City, with each option offering unique benefits and challenges. Co-ops, where buyers purchase shares in a corporation that owns the building, often provide a more affordable and community-focused living experience but come with strict board approval processes and resale restrictions. Condos offer full property ownership with greater flexibility in renting and selling, although they typically come at a higher cost and with increased closing expenses. And condops, which provide features of both property types, allow for more flexibility but possibly higher closing costs. Ahead, learn about the key differences among these property types in New York City to find which one best aligns with your lifestyle and financial goals.
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89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

Photo courtesy of Evan Joseph

May 22, 2023

89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

By Aaron Ginsburg

A housing lottery opened this week for 89 mixed-income units at a new residential development in Brooklyn. Located at 540 Fulton Street, The Paxton offers residents luxury rental units and modern amenities in the heart of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income, or between $50,812 annually for a single person and $215,150 for a household of seven, can apply for the units, priced from $1,407/month studios to $3,600/month three bedrooms.
Find out more

Affordable Housing

Civil rights lawyer William Kunstler’s former Village townhouse sells for $6.5M

Photos courtesy of Brown Harris Stevens unless otherwise noted

January 10, 2023

Civil rights lawyer William Kunstler’s former Village townhouse sells for $6.5M

By Devin Gannon

The Greenwich Village townhouse of late civil rights attorney William Kunstler sold last month for $6,500,000, according to CityRealty. Kunstler, who famously defended the Chicago Seven, Malcolm X, Adam Clayton Powell, Jr., and others, and his wife, attorney Margaret Ratner Kunstler, paid $225,000 for the townhouse in 1981, as the Wall Street Journal reported. Located at 13 Gay Street, the four-story brick Greek Revival townhouse was built in 1844 and retains the same 19th-century charm of its neighbors.
Get the details

Archtober 2022: This year’s top architecture and design events

Photo of Waterline Square Park by Elizabeth Felicella, Photo of Chinatown by Mobilus In Mobili on Flickr, Photo of Museum at Eldridge Street © James and Karla Murray, Photo of Bryant Park by Jean-Christophe Benoist on Wikimedia

September 14, 2022

Archtober 2022: This year’s top architecture and design events

By Devin Gannon

The festival that provides a behind-the-scenes look at some of New York City's most iconic buildings, public spaces, and cultural institutions returns for its 12th year next month. Held from October 1 through October 31, the Center for Architecture's Archtober is a celebration of architecture and design, with tours, talks, and events led by experts. While most of the events offered will be in-person, some will still be virtual or hybrid, which proved successful during the pandemic. Ahead, find just some of our favorite Archtober events happening this year, from exploring Art Deco gems of the Upper West Side to taking a tour of Brooklyn's tallest tower.
See our picks here

Image credit: Al Siedman of VHT for The Corcoran Group

August 12, 2022

For $2.5M, this huge FiDi co-op has ornate brass gates and lots of room for transformation

By Michelle Cohen

This pre-war co-op at 26 Beaver Street in the Financial District is a loft-like corner unit with plenty of interesting architectural details, not least of which is a stunning set of broad brass gates that stand at the apartment's entrance. Asking $2,450,000, the sprawling 2,400-square-foot home is currently configured with two large bedrooms, but there's more than enough living space to create a three- or four-bedroom home.
See more, this way

Distinctive Homes

Cara Delevingne buys Jimmy Fallon’s Gramercy penthouse for $10.8M

Photo by Yale Wagner for Sotheby’s International Realty

August 3, 2022

Cara Delevingne buys Jimmy Fallon’s Gramercy penthouse for $10.8M

By Aaron Ginsburg

Supermodel Cara Delevingne purchased Tonight Show host Jimmy Fallon's Gramercy Park penthouse for $10,800,000 in an off-market deal, according to CityRealty and confirmed by property records. Located at 34 Gramercy Park East, the four-unit triplex combo penthouse was last listed for $15,000,000. The colorfully-decorated home has six bedrooms, five bathrooms, and office space, in addition to a number of unique features. Measuring 5,000 square feet across three floors, the residence has a custom staircase that connects all three levels, and even secret passageways, as 6sqft previously reported.
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Everything is for sale, including the $6.5M apartment, at this Upper West Side interior design exhibition

Dining table in rosewood with red under-painted inset glass top designed by Joaquim Tenreiro, Brazil, 1948, $125,000.00; “First Chairs” in rosewood and cane seat designed by Joaquim Tenreiro, Brazil, 1942, $80,000.00 for set of eight; “Vine” illuminated sculpture with hand-blown round soda glass globes and fifteen sockets designed and made by Jeff Zimmerman, USA, 2018, $125,000.00; Photo courtesy of frenchCALIFORNIA

February 24, 2022

Everything is for sale, including the $6.5M apartment, at this Upper West Side interior design exhibition

By Michelle Cohen

The Belnord at 225 West 86th Street is getting plenty of attention recently. The Upper West Side condo building stars as the fictional Arconia in Hulu’s "Only Murders in the Building" series. Now, a three-bedroom unit, on the market since October for $6,475,000, is having a turn in the spotlight as an international interior design showcase. The Belnord Project presents the home's interiors and art in a shoppable exhibition curated by frenchCALIFORNIA in partnership with Evan Snyderman of modern and contemporary design gallery R & Company.
Check out the design collaboration, room by room

Dawn of a new Downtown: The transformation of Lower Manhattan since 9/11

Image courtesy of Michael Vadon’s Flickr

September 11, 2018

Dawn of a new Downtown: The transformation of Lower Manhattan since 9/11

By Cait Etherington

In 2010, Lower Manhattan was still deeply scarred by the attacks of 9-11. With much of the neighborhood under construction, a high vacancy rate, and few full-time residents, walking around the area, especially outside business hours, often felt like walking through a ghost town. It was, in many respects, a neighborhood in waiting. Since 2011, which marked the opening of the 9/11 Memorial—and the symbolic end of the neighborhood’s long period of recovery from the 9/11 attacks—Lower Manhattan has undergone a transformation that is difficult to ignore. New businesses have opened, new residential developments have launched, the vacancy rate has drastically declined, and in many respects, an entirely new neighborhood has taken shape.
The dawn of a new Downtown

Real Estate Trends

Sales to begin at super-skinny supertall 111 West 57th Street; priciest units are $57M

Image: Hayes Davidson

September 7, 2018

Sales to begin at super-skinny supertall 111 West 57th Street; priciest units are $57M

By Michelle Cohen

Despite a long history of financial and legal woes, Property Markets Group, Spruce Capital Partners and JDS Development’s tall and slender tower at 111 West 57th Street is gearing up to begin sales (for real this time) according to the New York Times. After years of lawsuit threats, reports that construction had stalled over budget overruns and a potential foreclosure, the 1,428-foot, 86-story tower will kick off sales, to be handled by Douglas Elliman, on September 13.
Pricing and more, this way

May 22, 2018

Downtown Brooklyn gets another high-rise headed for 511 feet tall

By Michelle Cohen

The new hotspot for tall towers, Downtown Brooklyn, will be getting another contender, CityRealty reports. Revised permits show that a 43-story, 511-foot tower set to rise at 540 Fulton Street will contain 327 residential units along with retail and office space. The building's height is only about a foot shy of the former Williamsburgh Savings Bank Tower–now condos–which held the title of Brooklyn's tallest high-rise from 1929 to 2009. The new tower will join Brooklyn's future tallest towers: 720-foot 138 Willoughby Avenue (Brooklyn Point),986-foot 80 Flatbush, and 1,000+ foot 9 Dekalb.
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New Developments

June 21, 2016

Tribeca Triplex Penthouse With Rooftop Hot Tub Swaps Astroturf for Ipe Wood and Asks $8M

By Michelle Cohen

When the tricked-out three-bedroom triplex atop 16 Warren Street sold in 2014 for $5.1 million after languishing on the market with a price that had unceremoniously tumbled from the then-brand-new condo's original 2008 ask of $9.175 million, “Million Dollar Listing New York” star Fredrik Eklund did the deal and shouted it from the (internet) rooftops. Fast forward a mere two years: The home's current owners have slid the sleek penthouse back onto the market for $7.995 million. That doesn’t seem out of line for a Tribeca penthouse, and it’s still lower than the 2008 ask, so perhaps the sellers want to be sure they don’t repeat the home’s last held-over performance. With 3,381 square feet of interior space (which looks like it's had a modernizing update), a terrace with views of the neighborhood's twinkling lights around every turn and a big hot tub a-bubbling on the fully-loaded rooftop deck (now with less astroturf, more ipe wood than in the earlier listing) we doubt they'll have to wait six years to make a sale.
Tour the triplex this way

Distinctive Homes

May 20, 2016

REVEALED: First Look at Downtown Brooklyn’s New Office Tower at 540 Fulton Street

By Ondel Hylton

Downtown Brooklyn and its Fulton Street Mall lost a bit of its soul late last year with the demolition of an ornate 1891 Romanesque-Reviaval gem at 540 Fulton Street. Prior to being cleared, the two-story structure held a jumble of small retailers that included a jewelry exchange, Metro King Sushi & Teriyaki and a Lucille Roberts. When the building was finished 125 years ago, it rose three floors with its first tenant being F.W Woolworth's "five-and-dime store," their first Downtown Brooklyn location. Now with the slate wiped clean, what's envisioned to rise from the 18,531-square-foot lot near the corner of Flatbush Avenue Extension is a 19-story, 200,000-square-foot office block developed by the real estate investment and management firm Jenel Management. A new building application was filed with the Department of Building's last April, listing Marvel Architects as the applicant of record. The proposed building's podium will contain three levels of retail space from the cellar to the second level, and 17 floors of office space above.
find out more here

New Developments

Graphs Show How Skyscrapers Relate to Their Cities–and Whether We Need More of Them

Graph: The Council on Tall Buildings and Urban Habitat

February 1, 2016

Graphs Show How Skyscrapers Relate to Their Cities–and Whether We Need More of Them

By Michelle Cohen

Tall buildings help make cities great. Except when they don’t. Citylab looks at a new study and graphs that show where skyscrapers fit into what makes cities great–and suggests that the middle is where the magic happens. 2015 was a record year for the skyscraper; 106 tall buildings (higher than than 656 feet) went up across the globe, according to The Council on Tall Buildings and Urban Habitat (CTBUH), more than in any previous year; emergent countries that appeared at the forefront of the global economic stage with the dawn the 21st century (China, Indonesia, UAE, Russia) show a big uptick in building upward. The majority of newly-built skyscrapers have risen in Asian nations—especially China–but the United States is in sixth place, with just two skyscrapers completed in 2015.
More infographics this way

Architecture And Design

December 7, 2015

Skyline Wars: One Vanderbilt and East Midtown Upzoning Are Raising the Roof…Height!

By Carter B. Horsley

Carter Uncut brings New York City’s breaking development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us the second installment of nine-part series, "Skyline Wars," which examines the explosive and unprecedented supertall phenomenon that is transforming the city's silhouette. In this post Carter zooms in on Midtown East and the design of One Vanderbilt, the controversial tower that is being pinned as the catalyst for change in an area that has fallen behind in recent decades. Despite some objections from community boards and local politicians, New York City is moving ahead with the rezoning of East Midtown between Fifth and Third avenues, and 39th and 59th Streets; and earlier this year, the de Blasio administration enacted an important part of the plan, a rezoning of the Vanderbilt Avenue corridor just to the west of Grand Central Terminal. The Vanderbilt Avenue rezoning included approval of a 1,501-foot-high tower at 1 Vanderbilt Avenue on the block bounded by Madison Avenue, 42nd and 43rd Streets. The tapered, glass-clad tower, topped by a spire, is being designed by Kohn Pedersen Fox for SL Green. Mayors Bloomberg and de Blasio have championed the 1 Vanderbilt proposal despite serious concerns voiced by numerous civic organizations over the rezoning scheme that some see as “spot zoning” and the fact that the city has still not finalized nor published its complete rezoning package. Using air-rights transfers from the Grand Central Terminal area and zoning bonuses for providing $210 million for infrastructure improvements in the area, the tower will significantly alter the midtown skyline, rising several hundred feet above the nearby Chrysler Building and the huge and bulky but lower MetLife Tower straddling Park Avenue just north of Grand Central Terminal. Its 63 stories are several less than the Chrysler Building and just a few more than the MetLife Tower, which might be interpreted by some observers as indicated that it was in “context” with such prominent neighbors, but they are wrong.
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Rent Stabilization Demystified: Know the Rules, Your Rights, and if You’re Getting Cheated

Image by Jorbasa Fotografie / Flickr

March 24, 2015

Rent Stabilization Demystified: Know the Rules, Your Rights, and if You’re Getting Cheated

By Michelle Cohen

In New York City there are currently about one million rent stabilized apartments–about 47 percent of the city’s rental units. So why is it so hard to snag one? What are the benefits of having one (other than affordable rent, of course)? According to the New York City Rent Guidelines Board nearly 250,000 rental units have lost the protections of rent regulation since 1994. Why are we "losing" so many of them?
Find out the facts and how they could affect you

January 1, 2015

Looking Back and Forecasting What’s to Come in the 2015 NYC Real Estate Market

By Dana Schulz

It's that time of year when we take a look back at the biggest stories of the year and look ahead at what's to come. And if 2014 was the year of the ultra-luxury listing, 2015 shows no sign of cooling down. This past year saw major increases from 2013, with $16.8 billion in residential sales, over 17 percent of which was accounted for by purchases over $10 million. Plus, the top 25 sales of the year all closed for over $25 million. News of big sales at One57 will likely continue, with 520 Park Avenue vying for the title of most-talked-about building. We'll also start hearing more from 30 Park Place, 432 Park Avenue, and the Woolworth Residences. To help you visualize all of these high-rolling record setters and predictions, the folks at CityRealty have put together some handy charts and infographics.
Check out the year in review and 2015 predictions here

Real Estate Trends

October 2, 2014

Living in the Clouds: 50 New York Residential Towers Poised to Scrape the Sky (Part I)

By Ondel Hylton

It seems like every week a new residential skyscraper is being announced in New York City, just earlier this week the New York Times noted that a partnership between Steven Witkoff and Harry Macklowe is moving ahead with a redevelopment of the Park Lane Hotel at 36 Central Park West with an 850-foot tower. With the mind-boggling amount of residential spires poised to pierce the sky, here's a quick rundown of the tallest of the tall--the spindly bunch set to soar higher than 700 feet. Keep in mind that just 30 years ago, the tallest residence in the city was perched atop the 664-foot Trump Tower. Today, buildings are on the drawing board for more than twice that height.
See our list of the 26 tallest towers

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