Search Results for: gentrification

October 13, 2014

A Google Maps Comparison of How Much Williamsburg Has Changed Since 2007

My, the difference a few years makes. Never was that more apparent than with Google Maps Street View’s new function that allows you to take a peek back in time and see how much your neighborhood has gentrifi--err--transformed since 2007. The photos culled by the WSJ ahead focus in on the unprecedented changes Williamsburg has undergone over the last six years. The alterations are particularly apparent at Bedford Avenue and North 7th Street, where some cosmetic improvements have been made to the building facades. However, the transformation is rather mind-blowing when you see the difference new developments by the waterfront have made to the neighborhood’s aesthetic.
Take a look at Williamsburg's astonishing transformation here

October 3, 2014

Real Estate Wire: Residential Developers Pulling Out of the Game; Rockaway Boardwalk Renewal Delayed

By Diane Pham

Related Companies is the latest landlord to ask property managers to turn in tenants for listing their apartments on AirBnb. [TRD] Another potential residential development site in Tribeca could fetch $50M. [Crain’s] A Hudson Yards strip club may be turned into a 46-story residential tower. [TRD] Are too many luxury buildings being constructed? Some developers are opting to […]

Real Estate Trends

September 30, 2014

Real Estate Wire: Karim Rashid’s HAP Four Hits a Pricey Snag; More High Line Condos Coming

By Diane Pham

HAP Investment Developers’ plans for a Karim Rashid-designed rental at 653-667 West 187th Street have hit a bump in the road—they’re missing the parcel at 653 West 187th Street. [TRD] 36 new condos are coming to the High Line and they’ll be designed by Brazilian architect Isay Weinfeld. [Curbed] A downtown development site at 112, 114, 116 and 118 […]

Real Estate Trends

<b>Goldilocks Blocks: Vanderbilt Avenue in Wallabout, Brooklyn</b>

Between hyper-developed hotspots, main drags in up-and-comers, and those genuinely avoidable areas, there can often be found a city’s “just-right” zones. They aren’t commonly known, but these micro-neighborhoods often hide within them real estate gems coupled with perfectly offbeat vibes. Continuing our Goldilocks Blocks series, this week we turn to Brooklyn.

September 29, 2014

Goldilocks Blocks: Vanderbilt Avenue in Wallabout, Brooklyn

By Michelle Cohen

The culturally rich, architecturally stunning Brooklyn neighborhoods of Fort Greene and Clinton Hill need little introduction. The Brooklyn Navy Yard to the north is busily growing as a start-up business incubator and creative and commercial hub. An “in-between” zone—the sort of area that engenders a question mark and a furrowed brow when perusing neighborhood maps—lies just north of Myrtle Avenue and south of the Navy Yard. Known as Wallabout, the area was named for Wallabout Bay to the north, much of which was filled in to create the Navy Yard in the 19th century. Unique among its neighbors, a block-long stretch of this border district feels more like a small-town side street than a growing urban crossroads.
Find out what makes this historic block so special, and why it’s likely to stay that way.

September 23, 2014

City Kids: Why Parents Pick City Living Over the Suburbs

By Michelle Cohen

The 'American Dream' may have dominated the last few decades, causing a mass exodus to the suburbs, but today's families are reversing the trend and turning their attention back to the city. The reasons are many: An appreciation for cultural offerings, the camaraderie and creative cross-pollination of networks of colleagues, friends and family, the convenience of being able to walk or bike to school, work or child care without a long commute—just to name a few. New York City has always been a haven for the forward-thinking, albeit a challenging one. And its newly-”discovered” outer boroughs as well as an unprecedentedly low crime rate have made the city a prime choice for family living. But what is it about those city kids—the ones with parents who planned from the start to raise their kids in a non-stop urban environment? We interrupted the busy schedules of five families currently raising school-age (or soon-to-be) children in New York City's many diverse and multifaceted neighborhoods to get some insight about why they wouldn’t have it any other way.
Hear what five parents of city kids have to say

September 23, 2014

Artists Who Converted Ink & Brush Factory into Their Own Masterpiece List it for $4.4M

By Stephanie Hoina

By their very nature artists are visionaries blessed with an innate ability to create something out of nothing. Time and time again some of New York City’s most industrialized areas have seen rebirth as residential enclaves courtesy of these imaginative souls. Examples of such artist-led gentrification abound - think SoHo, Chelsea, and Williamsburg, to name a few. So it should come as no surprise that it was two artists who came to the rescue of this former ink and brush factory located at 459 Carroll Street in Carroll Gardens and gave it new life as a practical-yet-cutting-edge home. Stripped to its core in 2006, the four-story manufacturing building built in 1888 was completely renovated into two distinct condominium residences, one of which is now on the market for $4.4 million.
From manufacturing-to-masterpiece right this way

Distinctive Homes

<b>Mapping the Evolution of the Lower East Side Through a Jewish Lens, 1880-2014</b>

Image courtesy of MNCY

September 19, 2014

Mapping the Evolution of the Lower East Side Through a Jewish Lens, 1880-2014

By Lauren Price

Long considered the capital of Jewish America, this overpoweringly cramped neighborhood was considered by many to be the greatest concentration of Jewish life in nearly 2,000 years. Between 1880 and 1924, 2.5 million mostly-impoverished Ashkenazi Jews came to the US and nearly 75 percent took up residence on the Lower East Side. According to the Library of Congress, by 1900, more than 700 people per acre were settling in a neighborhood lined with tenements and factories. And as quickly as they descended on the streets, all sharing a common language (mostly Yiddish) and most certainly, similar backgrounds, they quickly established synagogues as early as 1865 (the landmarked Bialystoker Synagogue, whose congregants were mostly Polish immigrants from Bailystok), small shops, pushcarts teeming with goods, social clubs and even financial-aid societies. By 1910, the Lower East Side’s population was well over the five million mark, but sadly, such congestion habitually caused havoc.
Learn more about the history of the LES here

History

September 6, 2014

Weekly Highlights: Top Picks from the 6sqft Staff

By Dana Schulz

We talk to Sue Chin, the Wildlife Conservation Society’s Chief Architect, about designing for a very different clientele–tiger, sharks, gorillas, and more. We’ve got the dirt on Frank Gehry’s Ground Zero Performing Arts Center rejection. Coffee Culture: Are neighborhood cafes the first sign of gentrification? Travel back in time to Radio Row, the city’s original […]

Uncategorized

September 4, 2014

Archdiocese of New York Sells off St. Patrick’s School in Little Italy for $32M, Makes Way for Condos

By Diane Pham

On Christmas Eve 2013, the cash-strapped Archdiocese of New York put St. Patrick’s Old Cathedral School on the market for $29 million. Now it looks like Time Equities has purchased the Little Italy property, throwing down $32 million, according to city records filed today (233 Mott and 32 Prince). Plans to turn the school into condos have been in the works since October 2013, when it was reported that the building was in the process of being sold off to Hamlin Ventures, with re-vamps provided by Marvel Architects. Though records show Time as the buyer, the two developers are joining forces to turn the sprawling 14,925-square-foot former orphanage/convent/school into two single-family homes and eight luxury condos.
READ MORE

Morningside Heights: From Revolutionary Battle to Columbia University Campus

Bloomingdale Road (now Broadway) and 114th Street in 1895

August 14, 2014

Morningside Heights: From Revolutionary Battle to Columbia University Campus

By Michelle Young

Today, it's hard to imagine Morningside Heights without the flurry of students hurrying to class at Columbia University. It may be even harder to imagine it without some of its signature architecture: the gothic Cathedral of St. John the Divine, the largest cathedral in the world, Riverside Church, with its former bowling alley, or Grant's Tomb along the Hudson River. But Morningside Heights got an exciting start in the history of New York City (and America, as it turns out)!
The incredible story of Morningside Heights, from past to present, this way

July 21, 2014

Real Estate Wire: Juul-Hansen’s Condos Hugging the High Line; Own a Villa on Staten Island

By Diane Pham

Juul-Hansen’s condos are on the rise and now flanking both sides of the High Line Park. [Curbed] Manhattan’s office buildings are being valued at pre-crash levels. [WSJ] Who owns New York? Chinese developers apparently. Here are four high-profile Chinese developers pouring their cash into Manhattan. [TRD] Own your own “Italian/French” villa… on Staten Island. [Curbed] New kid on the […]

Real Estate Trends

July 16, 2014

Your Daily Link Fix: Summer Retreats for Architects; Is Hurricane Sandy to Blame for New Jersey Boardwalk Fire?

By Aisha Carter

“Brooklyn Girls” Video a Guaranteed Hit: Brooklyn Mag has singer-songwriter Catey Shaw’s newly released video that is like a Brooklyn version of Katy Perry’s “California Girls”, and it’s pretty catchy. Summer Retreats for Architects: Architizer spotlights the top 10 summer retreats for architects, and once you’ve gotten excited about that, check out their article on […]

Uncategorized

July 2, 2014

Real Estate Wire: The Priciest Celebrity Homes in NYC; Developer Larry Silverstein’s Mega-Sized New Cause

By Jon Dioffa

Today's real estate news highlights: JDS is gearing up to build two luxury residential towers on the East Side on a $390M formerly owned by ConEd. [The Real Deal] What goes around comes back around right back into your real estate portfolio. Stephen Schwarzman’s Blackstone Group is buying the Park Avenue Tower, which it briefly owned in 2007. The property was flipped and sold it to Harry Macklowe for $625M. Blackstone just bought it back for $750M. [The Real Deal] The most expensive celebrity homes in NYC. Who has the most covetable pad in Manhattan? [Business Insider] Bushwick goes upscale with its gentrification. A 7-story building with valet parking may be coming to the nabe. [DNA Info] 'Jersey Boy' Bob Gaudio wants $6M for his San Remo apartment. Ohhhh what a deal? [Curbed] 50 West Street lists its units with condos starting at $1.615M [Curbed] For NY's tallest towers, the current rules require that they have mostly commercial space. Developer Larry Silverstein is championing for a change and wants that mix to favor far more lucrative residential space. [Crain's] The magazine everyone loves to hate continues to expand their media empire. Vice is investing $20M to renovate a 60,000-square-foot building on South Second Street and Kent Avenue, which will house its production facilities and a broadcasting station. [Crain's] Manhattan apartment inventory is at a low and the prices are up in the 2nd quarter. Read our brief after the break for all the details. Hugh Jackman in his luxurious 11,000 sq ft home (left); Larry Silverstein (right)
The 2nd quarter results here

Real Estate Trends

June 12, 2014

Crazy Futuristic Hotel at 55 Wythe in Williamsburg Now Under Construction, Developer Zelig Weiss Scores a $18.4M Loan for the Site

By Diane Pham

The new Level Hotel planned for 55 Wythe in Williamsburg wasn't much more than a rendering when it was revealed last month, but one of 6sqft's intrepid reporters swung by the site recently only to find that construction on the Jetson's-like building had commenced. Permits for the 320,000 square foot hotel were approved in early April, and according to locals, heavy equipment arrived on the scene a few weeks ago with groundwork now well underway. Now, further cementing Level's status as a hotel of the future, the hotel's developer, Zelig Weiss, closed on an $18.35 million loan from Madison Realty Capital to purchase the site for about $30 million, according to Crain's.
More details and photos here

June 6, 2014

New Yorker Spotlight: Natalie Vie, the Bushwick Artist and Olympic Hopeful

By Susan Cohen

“New York is the meeting place of the peoples, the only city where you can hardly find a typical American.” - Djuna Barnes Natalie Vie is an Olympic hopeful, a sculptor, and a resident of Bushwick. On any given day, she can be found fencing epee at Fencers Club in Chelsea, sculpting in her studio in Bushwick, curating a show, or out and about in her neighborhood's coffee shops and bookstores. What's interesting about Natalie is that she sounds like a native New Yorker; able to masterfully pursue multiple undertakings in a single day. However, she is actually a native of the desert. Natalie, 28, grew up in Phoenix where she earned a B.F.A in Sculpture at Arizona State University, and was on the University's club fencing team. She possesses a deep love for her home, but set her sights on New York. The city is home to a number of top ranked Women's Epee fencers, and Natalie wanted to train alongside them. Almost three years ago, she moved cross-country and immediately felt right at home. Fencing is referred to as physical chess. It's complex, rhythmic, and demanding. Epee, one of three fencing disciplines, has an entire body for target. Natalie can score a touch on the hand, the leg, or even the foot. When she fences, she must analyze her opponent's every move to find an opening and make a touch. Currently, she is in the midst of the World Cup season.
Our interview with Natalie here

May 5, 2014

Out-of-This-World Hotel Set for Wythe Avenue in Williamsburg

By Dana Schulz

For some longtime Williamsburg residents, the neighborhood already exhibits twilight-zone-like traits—the massive gentrification, glass waterfront towers, and skyrocketing rents—but the new Level Hotel planned for 55 Wythe Avenue is a literal translation of these possible feelings with its space-ship-looking design.
More photos this way

April 9, 2014

Photographers James and Karla Murray Capture New York City’s Rapidly Gentrifying Storefronts

By Patty Lee

If it seems like Starbucks and Duane Reade are colonizing the streets of New York City, there’s now photographic proof. A new series from shutterbugs James and Karla Murray looks at the rapidly changing face of Gotham’s storefronts and — no surprise — they’re getting more corporate. Gone are the colorful mom-and-pop signage the Murrays shot just a decade ago for their book Store Front: The Disappearing Face of New York. In their place? Fast food franchises, banks, and high-end boutiques.
A peek inside the book

Architecture And Design

April 2, 2014

Domino Sugar Factory Development Will Overburden Local Infrastructure, Says Zoning Comittee

By Stephanie Hoina

Two Trees Management’s sweet deal with the city for the former Dominos Sugar factory site could cause a toothache for the City Council and local residents. The historic complex, with its charming yellow sign, has been part of Brooklyn’s landscape since 1882, when it opened as the largest sugary refinery in the world. Now plans for the 2.2 million-square-foot multi-use project, designed by SHoP Architects, are causing concern that it could house more people than the Brooklyn neighborhood can handle.
Home Sweet Home?

Real Estate Trends

Search Results for: gentrification

Pitch a Story

Interested in seeing the property in person?

Interested in seeing the property in person?

Distinctive Post Form

Get in Touch

Send us a Tip

Interesting in learning more about purchasing a new home?

Thinking about selling your home?

Sell a Home (Footer)

Before You Move On from this Page.

Your Passport to NYC:Subscribe for Local Insights and Stories!

Before You Move On
from this Page.

Your Passport to NYC:
Subscribe for Local Insights and Stories!