Search Results for: penthouse

April 30, 2015

Hell’s Kitchen, Once the ‘Wild West,’ Now Undergoing Rapid Gentrification

There's yet to be an exact agreed-upon theory as to where the name Hell's Kitchen came from, but most historians agree that it had something to do with the poor tenement conditions and general filth of the neighborhood in the 19th century. Its reputation didn't get any better in the 20th century, though. After the repeal of prohibition, the area became overrun with organized crime, and until the 1980s it was known as a home base for several gangs. Today, Hell's Kitchen is no longer the "Wild West," but rather a rapidly gentrifying community ripe for new development. A neighborhood profile today in the Times looks at the transformation of the neighborhood, also called Clinton or Midtown West, which is generally defined as the area from Eighth Avenue to the Hudson River between 34th to 59th Streets. Summed up, "New buildings are going up, and older ones are being converted to high-end residences. The development of Hudson Yards and the High Line just to its south and the addition of the Time Warner Center on its northeast border have spurred growth. Prices have gone up but are still generally lower than in surrounding neighborhoods."
Find out more ahead

April 28, 2015

Five Luxury Towers Will Account for One-Third of New Development Sales over the Next Five Years

By Dana Schulz

It's projected that over the next five years, new development sales in Manhattan condos will total $27.6-$33.6+ billion, but this sky-high figure is heavily skewed by prices in just five buildings. These luxury towers will account for one-third of the total projection. Three of the buildings -- 432 Park, 220 Central Park South, and 550 Madison Avenue (the former Sony Building) -- are located on billionaires' row and are expected to bring in a whopping $8 billion. The Greenwich Lane and 10 Madison Square West will also likely bring in close to $1.5 billion each. Along with this boost from the upper end of the market comes a trend where fewer units are selling, but prices are shooting up.
More info and CityRealty's full infographic here

Real Estate Trends

April 27, 2015

The High and Low: Two Classic Central Park West Co-ops in the Celeb-Filled El Dorado

By Michelle Cohen

Inspired by all the talk of Demi Moore listing her San Remo penthouse for a potentially record-breaking $75 million, we found some even more fabulously grand Central Park West, Emery-Roth-designed, graciously pre-war detailed listings at the San Remo’s equally fabulous and celebrity-favored cousin, the El Dorado at 300 Central Park West. The "high" listing is exactly that: Not only a penthouse, but a rare offering that spans two floors of one of the iconic building's skyline-defining twin towers. And of course there's the view from your double-decker tower perch, which is the one that really counts. But before you lunge for your wallet (or if you're thinking you don't really need the square footage of a small walled city), the “low” listing is in the same famous and fabulous iconic building, and it’s even on a high floor. While it’s technically a one-bedroom, it has that classic pre-war co-op's gracious layout. And it’s asking $1.4 million, which, a few caveats aside, sounds astonishingly reasonable. And you still get to be neighbors with Meredith Viera and the lingering spirit of Bruce Willis, Alec Baldwin, Moby, Bono and many more past residents.
The El Dorado for $29 million and $1.4 million, this way...

Distinctive Homes

April 27, 2015

DHD Interiors’ Modern Loft Peacefully Coexists Among Gramercy Park’s 19th Century Homes

By Stephanie Hoina

When we think of Gramercy Park it calls to mind stately 19th-century mansions, brownstones and carriage houses—and of course, the elusive crown jewel in the middle of it all, the park itself. But sharing the stage with the neighborhood's turn-of-the-century aesthetic are a number of newer developments that have an elegance all their own.
Have a look inside

Distinctive Homes

April 25, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

By Dana Schulz

Interior Pictures Revealed for Demi Moore’s $75M San Remo Penthouse Subway Rent Map Shows Manhattan Rental Prices Along Each Train Line City’s First Micro-Apartment Project ‘MY Micro NY’ Ready for Stacking Charming ‘Back House’ Apartment Is a Tiny Treasure in the West Village New Renderings Revealed for 217 West 57th Street, the Will-Be Tallest Residential […]

Uncategorized

April 24, 2015

Lofty Greenwich Village Condo Offers Plenty of Space to Show Off Your Art

By Emily Nonko

This is not your artsy Greenwich Village apartment of the beatnik era. The condo at 29 East 10th Street, which takes up the entire second floor, is more along the lines of "luxury loft living." It has been renovated with custom lighting and exposed brickwork to accommodate the seller's impressive, sometimes kooky, art collection. And it seems like unique design is a trend of the building, which is a former 19th century feather factory. Last year an impressive condo hit the market here asking $14.995 million. This new apartment is asking significantly less, priced at $3.95 million.
See more of the interior photos here

Art Nerd New York’s Top Event Picks for the Week, 4/23-4/28

Image: Sakura Matsuri at the BK Botanical Garden by Liz Ligon

April 23, 2015

Art Nerd New York’s Top Event Picks for the Week, 4/23-4/28

By Lori Zimmer

In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for ArtNerd founder Lori Zimmer’s top picks for 6sqft readers, beginning tonight! Spring means another week of great events, kicking off with one of my own at the fabulous historic Roger Smith Hotel. This week, spend 12 hours celebrating philosophy, shop the best in home design for a cause, enjoy the authentic Lower East Side, or let art save your soul at the Rubin Museum. You can also celebrate spring Japanese style at the Brooklyn Botanical Garden, take a selfie at Rockefeller Center, or school yourself at the Guggenheim.
All the best events here

First Look at MCNY’s New Exhibit ‘Saving Place: Fifty Years of New York City Landmarks’

The exhibit’s title image © Iwan Baan for the Museum of the City of New York

April 21, 2015

First Look at MCNY’s New Exhibit ‘Saving Place: Fifty Years of New York City Landmarks’

By Dana Schulz

Last night we attended the Museum of the City of New York's symposium, "Redefining Preservation for the 21st Century," which explored the challenges and the opportunities of the preservation movement today and in the future. The event included such distinguished speakers as New York Times architecture critic Michael Kimmelman, starchitect Robert A.M. Stern, preservation guru Roberta Gratz, and president of the Real Estate Board of New York Steven Spinola (needless to say, it was quite the lively discussion), and it kicked off the opening of the museum's exciting new exhibit "Saving Place: Fifty Years of New York City Landmarks," which marks the 50th anniversary of the landmarks law in NYC. As part of the symposium we got a first look at the exhibit, which opens to the public today.
Check out Saving Place here

Events & Things To Do

New Renderings Revealed for 217 West 57th Street, the Will-Be Tallest Residential Building in the World

Rendering via NY Yimby

April 20, 2015

New Renderings Revealed for 217 West 57th Street, the Will-Be Tallest Residential Building in the World

By Dana Schulz

It's been relatively quiet on the Nordstrom Tower front since we saw some skyline renderings in September. But now YIMBY has uncovered the official renderings for Extell's 217 West 57th Street, the 92-story, 1,775-foot supertall that will take the title of tallest residential building in the world when completed, surpassing Mumbai’s World One Tower by 29 feet. The images continue to show how the tower will dominate the skyline, but they also give us a detailed look at the façade and a peek into one of the penthouses.
See all the renderings here

April 20, 2015

The City’s Plan B for Barry Diller’s Pier 55 Floating Park Is Far Less Exciting

By Dana Schulz

In February, the futuristic Pier 55 floating park planned for the Meatpacking District moved forward with a lease deal between the Hudson River Park Trust and a nonprofit group controlled by Barry Diller, the billionaire media mogul who pledged $130 million back in November to fund the $151.8 million park. Diller is allocating the funds through the Diller-von Furstenberg Family Foundation (his wife is fashion designer Diane von Furstenberg), but under the agreement he can pull his support if he feels renovations at neighboring piers aren't up to par. And according to DNAinfo, the city's backup plan in this event is quite underwhelming, completely scratching the floating island and creating a $30 million park similar to others along Hudson River Park.
READ MORE

Architecture And Design

April 18, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

By Dana Schulz

Never-Built Hudson River Bridge Would Have Been Twice the Length of the George Washington Bridge Construction Update: SOM’s 252 East 57th Street Getting Its Glass Skin $1,795 LES Rental Proudly Features a Shower in the Kitchen Enormous ‘Authentic and Locally Curated’ Food Hall Coming to Downtown Brooklyn This Map Lets You Explore NYC’s 592,130 Street […]

Uncategorized

April 16, 2015

Director David Fincher Snags a Tribeca Pad; Salt Queen Renting Her Apartment for $9K

By Diane Pham

Famed director David Fincher—of “Fight Club,” “Gone Girl” and “House of Cards” fame—may be moving to Tribeca. Fincher reportedly put down $5.75M on a three-bedroom at 7 Harrison where fellow director Steven Soderbergh also lives. [Variety] You can rent acclaimed artist Bettina Werner’s apartment at Downtown by Starck for $9,000/month—or $8,500/month if you pay it all in […]

Real Estate Trends

April 13, 2015

VIDEO: RuPaul Takes Us Around the 1980s Meatpacking District and the Jane Hotel

By Dana Schulz

We know all about the Meatpacking District's beginnings as the Gansevoort Market and the epicenter of meat marketers, as well as its current status as a burgeoning office tower district, but in the 1980s, this neighborhood was one to which most people didn't pay much mind. It was fairly run down, with its industrial tenants having moved out, and became notorious for prostitution, sex clubs, and drug dealing. But there was much more to the area, including an accepting LGBT community and a downtown music and entertainment scene. In this video we found from 1986, a young RuPaul takes us into his penthouse suite at the Jane Hotel, then known as the Jane West Hotel and far seedier than it is today, as well as walks around the gritty streets of the Meatpacking District and into his friend's 9th Avenue rowhouse, which will undoubtedly look familiar to anyone who's walked these cobblestone streets.
Watch the video here

History

April 11, 2015

Weekly Highlights: Top Picks from the 6sqft Staff

By Dana Schulz

Interior Renderings for SHoP’s 111 West 57th Street Tower Revealed Los Angeles Has Designed the Perfect Parking Sign–Can NYC Take Note? Bill Ackman Closes on One57 Penthouse for $91.5M, Second Most Expensive Condo Sale Ever VIDEO: Meet the ‘Pimps and Hos’ of Seedy ’70s Times Square You Can Now Tour the Gowanus Canal Without Catching […]

Uncategorized

April 7, 2015

Tracing the Colorful History of Madison Square Park from the 1800s

By Lauren Price

Recent reports show that NoMad has taken over the top spot for priciest neighborhood in the city in which to rent, with a one-bedroom unit going for an average of $4,270/month. For most real estate aficionados this isn't shocking, as the neighborhood has been growing into one of the city's hottest spots for the past several years, but few know of the area's fascinating past. Named for our fourth president, James Madison, the 6.2-acre Madison Square Park was first used as a potter’s field, then an army arsenal, then a military parade ground and finally as the New York House of Refuge children’s shelter, until it was destroyed by a fire in 1839. After the fire, the land between 23rd and 26th Streets from Fifth to Madison Avenues was established as a public park enclosed by a cast-iron fence in 1847. The redesign included pedestrian walkways, lush shrubbery, open lawns, fountains, benches and monuments and is actually similar to the park that exists today.
Find out how our beloved madison square park came to be

History

April 7, 2015

Brooklyn’s Most Expensive Condo Relists for $32M, Is So Large Owners Can’t Find Each Other

By Dana Schulz

Imagine this: You and your spouse have both been home for three hours, but neither one of you knows the other is there because your home is that big. It's a "problem" most New Yorkers can't fathom, but for one Brooklyn couple it's encouraged them to relist their 11,000-square-foot triplex for $32 million, making it the borough's most expensive condo listing ever. Stuart and Claire Leaf originally listed their home in May, but then took it off the market in February after getting cold feet about moving. As the Wall Street Journal reports, "The apartment is a combination of no less than nine units spanning the 10th, 11th and 12th floors of the waterfront condo One Brooklyn Bridge Park." It includes six bedrooms, two deeded parking spaces, a 3,500-bottle wine room, a gym with a rock-climbing wall, a screening room, and a 75-foot-long terrace.
Take a look around the mega-home here

Distinctive Homes

April 6, 2015

Mercer Street Loft by DHD Interiors Brings a Bit of Whimsy to a Classic Soho Space

By Dana Schulz

After looking at a few projects from the talent over at DHD Interiors, we're realizing that what draws us to the firm's work is their ability to infuse an unexpected sense of whimsy into otherwise classic spaces, and their Mercer Street Loft is no exception. From the curious wall mural to the fanciful oversized chair in the living room, this Soho space surprises you when you least expect it. DHD was commissioned by the client to create a home that "celebrates both classic, historical elements and modern twists." They were also asked to incorporate art and the client's "adventurous, eclectic tastes," while maintaining original features like the hardwood floors, stripped cast iron columns, and tin ceilings.
See the end result here

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 30, 2015

NYC Planning Commission Approves One Vanderbilt; A New ‘World’s Skinniest Tower’ Coming

By Diane Pham

One Vanderbilt gets the green light. The City Planning Commission gave unanimous approval (12-0; 1 recusal) to the controversial Midtown project slated to rise on a site adjacent to Grand Central Station. [6sqft inbox] More units at 432 Park are coming to the market. Nine new listings, including a $76.5 million penthouse, have been posted in the last seven […]

Real Estate Trends

Fly-Through Video of ODA’s 10 Jay Street Shows Crystalline Facade from Every Angle

Rendering via ODA

March 30, 2015

Fly-Through Video of ODA’s 10 Jay Street Shows Crystalline Facade from Every Angle

By Dana Schulz

We've been seeing a lot of innovative work from ODA Architecture lately–from their Bushwick rental project that looks uncannily similar to a project by Bjarke Ingels in Denmark to their provocative ziggurat-like proposal for Gowanus. And last week, their design for the northern façade of 10 Jay Street in Dumbo won approval from the Landmarks Preservation Commission. The site was formerly a sugar refinery, which inspired ODA's crystal-like design, and the warehouse will be turned into condos with ground-floor retail. We've now uncovered a fly-through video of the building, which shows the façade from every angle. The video description says: "When there is no wall to preserve and no façade to restore, contemporary architecture can tell a story about a sequence of historical events. The architect is a visual biographer writing a tale of one building from 1897 to 2015 arguably doing more for preservation than imitating reality."
Watch the video here

March 27, 2015

This Fort Greene Townhouse Looks All Grown Up, but Quirky Details Just for Kids Abound

By Diane Pham

We know New Yorkers love to spoil their kids, but this incredible renovation of a Fort Greene townhouse by Leone Design Studio takes things to a whole new level. As stunning and sophisticated a space as you'd expect when walking into a historic Brooklyn townhouse, this home also boasts tons of details dedicated to its pint-sized residents.
Have a peek inside here

Distinctive Homes

March 27, 2015

New Renderings Revealed for Tadao Ando’s ‘Glass Jewel Box’ Condo in Nolita

By Dana Schulz

Over the summer we got a couple of teaser renderings for Pritzker Prize-winning architect Tadao Ando's forthcoming Nolita condo at 152 Elizabeth Street. But now the Times has released the entire batch of starchitecture porn, including a full building shot and interior details. Ando's first-ever standalone building in New York is a seven-story condominium with just seven units, and its design is completely representative of his signature style. Described as a "glass jewel box" by the Times, it's made of in-situ concrete, galvanized steel and glass, combining to create a simplistic, modern esthetic that blends with the area's industrial character. The Japanese self-taught starchitect wanted to create "a space which no one has created before with a very common material which anyone is familiar with and has access to. Concrete can be made anywhere on earth."
Pricing info and renderings this way

March 26, 2015

The Knickerbocker: Times Square’s First Luxury Hotel Is Reborn as a Modern Landmark

By Dana Schulz

When John Jacob Astor IV built the Knickerbocker Hotel in 1906, he launched a generation of luxury Times Square hotels. The Beaux Arts masterpiece attracted the likes of F. Scott Fitzgerald, John D. Rockefeller, and Italian tenor Enrico Caruso. It was the birthplace of the martini and the site where the sale of Babe Ruth from the Red Sox to the Yankees took place. But after just 15 years, the hotel's success declined just as fast as it emerged and it was repurposed as an office space, later becoming the Newsweek Building. Today, though, the landmark is reclaiming its title of ultimate luxury hotel under its original moniker. After a two-year, $240 million modern renovation, the Knickerbocker offers 330 guest rooms, a rooftop bar and lounge with the ultimate view of the Times Square ball drop, and a foodie destination restaurant from chef Charlie Palmer.
Uncover the history and future of the Knickerbocker

March 26, 2015

Construction Update: ODA Architects’ 155W 18th Gets Its Skin

By Ondel Hylton

Flying under the radar, an 11-story, 30-unit condominium at 155 West 18th Street has topped off and is applying a dignified bluestone facade to its concrete structural frame. Developed by Eldad Blaustein's Izaki Group and designed by ODA Architects, 155W 18th joins a list of recent and upcoming downtown residential buildings sensitive to the rhythms and proportions of their neighbors, while still introducing fresh forms and rich materials to excite our senses and enhance our surroundings. With young design firms such as ODA, SHoP, and DDG leading the way, a cool and confident downtown vernacular has emerged, trading cookie-cutter layouts, flat glass skins, and pastiche styling for spacious light-filled floor plans and exteriors composed of sumptuous materials that provide a kind of weight and timelessness to the structures.
More details on 155 West 18th Street's progress

March 26, 2015

Fashion Stylist Joe Zee Sells Chelsea Pad to Famed Designer Narciso Rodriguez for $2M

By Annie Doge

In a very fashion-friendly transaction, stylist and journalist Joe Zee–creative director of Elle for seven years and currently the editor-in-chief and executive creative officer of Yahoo Fashion and host of a fashion-based television show called “All on the Line”–has sold his Chelsea apartment at 300 West 23rd Street to clothing designer Narciso Rodriguez for $2 million, according to city […]

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