Search Results for: penthouse

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.
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Real Estate Trends

November 13, 2014

118 East 59th Street: Boutique Skyscraper To Rise in Hybrid Area Between Midtown and the UES

By Ondel Hylton

An exclusive condo tower is set to rise within the quickly changing area where Midtown East's commercial bustle tempers down into the elegant residential blocks of the Upper East Side. Located at 118 East 59th Street near Park Avenue, the unassuming site is being developed by Hong Kong-based Euro Properties, their first foray into the Manhattan market. The mid-block tower will soar 38 stories yet contain only 29 units–another example of the city’s new and somewhat oxymoronic building type, the boutique skyscraper, which typically contains fewer units than a standard six-story co-op building, and even fewer inhabitants. This 59th Street project will join the ranks of 432 Park Avenue (1,398 feet/104 units), 520 Park Avenue ( 781 feet/31 units), and 125 Greenwich Street (1,375 feet/128 units) as buildings with the greatest height-to-unit-count disparity.
More on the tower here

November 12, 2014

Live in Tom Brady and Gisele’s One Madison Pied-a-Terre for $40K/Month

By Annie Doge

Supermodel Gisele Bündchen and her NFL star hubby Tom Brady have just put their 3,300-square-foot apartment at One Madison on the rental market. The couple, who also own a mansion in Los Angeles and have built another in Brookline, MA, are offering up their modern Manhattan pad for $40,000 a month—or $42,500 if you want the space to come fully furnished. Either way, the home boasts some pretty spectacular 360-degree views of the city all throughout.
Have a look inside

November 10, 2014

Architect Steven Harris Builds a Floating Staircase to Heaven in This Tribeca Loft Renovation

By Rebecca Paul

Made possible by handiwork from the firm Steven Harris Architects, the design and luxury of this Tribeca loft renovation are magnificent. The entirety of the project included the renovation of a huge penthouse located in a converted 1930s office building into a dream home for one family with three teenagers and no budget constraints. What emerged was this multi-level unit that occupies the 27th and 28th floors with nearly 8,000 square feet of living space. The property features a self-contained guest house, a new glass and teak beam rooftop (which also doubles as a recreation room), and fabulous views of Manhattan and Brooklyn. However, within all of this architectural glory our favorite detail is the elegant floating staircase that climbs up the living room wall and almost into the clouds.
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November 10, 2014

Luxury Hudson Square Loft with Multiple Decks Asks $11 Million

By Aisha Carter

It’s hard to believe this customizable penthouse at 481 Greenwich Street has been having a rough time on the market since January 2013. The striking duplex, asking $10.75 million, is the definition of luxury loft living in one of downtown Manhattan’s hottest new neighborhoods, no less. There are quite a few details that set this loft apart from the rest, but we’ll start with the sheer enormity of its size. We’re talking 4,500 square feet of interior space and an additional 3,000 square feet of multi-level rooftop terrace. Add to that floor-to ceiling windows and Hudson River views and you just might find yourself experiencing love at first sight.
More photos inside

Distinctive Homes

November 7, 2014

New Yorker Spotlight: Mark Stumer of Mojo Stumer Takes Us Inside His Architectural World

By Susan Cohen

From an early age, architect Mark Stumer was practicing skills needed for his future craft. He engaged with the world of design through drawing, admiring buildings in Manhattan, and even studying lobbies and courtyards. It's fair to say that Mark wanted to be an architect before he even knew what one was, or what the job entailed. Genetics likely played a role as his great-grandfather, grandfather, and father were all in construction. For almost 35 years, Mark and his partner Thomas Mojo have served as principals of Mojo Stumer & Associates, an architectural firm known for their modern designs and incorporation of architecture and interior design. The firm has received numerous accolades, and recently added another AIA Award to their collection. We recently spoke with Mark about his life-long architectural passion.
Read our interview with Mark here

November 5, 2014

Classic Loft with Retractable Door in Historic Tribeca Asks $3.1 Million

By Aisha Carter

Something about this one-bedroom renovated loft at 55 Walker Street seems to define understated character. Of course the floor-through unit has the typical soaring ceilings, oversized windows and exposed brick walls you would expect in a quintessential Tribeca loft. But this special 1,850-square-foot space has a few unexpected features that work together to give it the personality of a larger home, while still maintaining its stylish New York vibe.
Take a look inside, here

Distinctive Homes

5Pointz Developer Wants to Use Iconic Name for New Residential Towers

A photo capturing the 5Pointz demolition via changsterdam via photopin

November 4, 2014

5Pointz Developer Wants to Use Iconic Name for New Residential Towers

By Dana Schulz

The whitewashing and subsequent demolition of Long Island City graffiti mecca 5Pointz was painful enough for the arts community, but now G&M Realty, the developer responsible for the loss, wants to trademark the 5Pointz name and use it for their new residential towers at the site. And artists are not happy, saying the developer is trying to bank off their name. G&M is planning two towers for the site, at 41 and 47 stories, that together will hold 1,000 rental units. The developer submitted an application to the United States Patent and Trademark Office in March to trademark "5Pointz," but it was initially rejected in June for being too similar to another registrant. G&M now has six months to respond to the decision.
More on the story here

Grave Concerns: Do Cemeteries Affect Real Estate Prices in New York?

Photo via Plowboylifestyle/CC

October 31, 2014

Grave Concerns: Do Cemeteries Affect Real Estate Prices in New York?

By Lauren Price

Not so surprisingly, Manhattan has a slew of cemeteries, graveyards and built-over potter’s fields (for unclaimed bodies). Madison Square Park was originally used as a potter’s field, as was Bryant Park. And though these swaths of land served many purposes over the years, it took an eternity before they were lovely public parks. From the late 1600s, burial grounds were generally confined to what would now be just south of City Hall, but more began popping up further uptown during the 1800s as the city’s population grew in leaps and bounds. With Halloween upon us, tis’ the season for checking out if living near one might give a buyer a bit of a ghostly scare or whether it takes an eternity to sell when the living room window overlooks tombstones marking coffins buried six feet under. Hear what experts say, and then learn about the city's most notable graveyards.
Do homes near cemeteries sell at a discount in NYC?

October 30, 2014

Real Estate Wire: A Dip in the Luxury Market Coming?; The Value of a Central Park View

By Diane Pham

Extell’s Gary Barnett predicts a small dip in the luxury market. [Crain’s] What’s the value of a Central Park view? [Curbed] A peek inside One57’s model home. [TRD] Brooklyn borough president Eric Adams wants to revive an affordable housing development on a 30-acre piece of land known as the Broadway Triangle. [Brownstoner] The New York City […]

Real Estate Trends

October 29, 2014

Greenwich Village Townhouse Boasts Cool Rooftop Office and Personal Secret Garden

By Rebecca Paul

Simply put, this historic Greenwich Village property, designed by BW Architects, is amazing. A sophisticated balance of design elements that blend the old with the new are incorporated throughout the 4000-square-foot home. And not only is it beautiful, but the 1840s townhome underwent an extensive reconstruction project, completed in 2012, that made it the first townhouse in downtown Manhattan to earn a LEED for Homes Gold rating. And have we mentioned its incredible rooftop office?
Check out the home

Will Bill Ackman Be Able to Pull off a $90M Condo Flip at One57?

One57 and the view from the $90 million penthouse

October 28, 2014

Will Bill Ackman Be Able to Pull off a $90M Condo Flip at One57?

By Dana Schulz

It's true that One57′s first flip saw a $3.5 million profit in just five months, but that unit sold for $34 million the second time around. A selling price of more than $90 million is a different story--and that's exactly what hedge fund manager William (Bill) Ackman is hoping to achieve. In a profile in the Times on Sunday, Ackman was revealed as the buyer of the $90 million penthouse at the luxury building, which is sure to see its share of flips. But he also shared that he has no intention of ever living in the apartment. He'll stay with his wife and daughters at their current home in the Beresford and use the penthouse as a "fun" investment opportunity for himself and some good friends, perhaps hosting a few parties there in the meantime.
More on the planned flip here

Real Estate Trends

October 28, 2014

Sportscaster Marv Albert Gets $15M for His Lincoln Square Apartment

By Diane Pham

Famed sportscaster Marv Albert has found a buyer for his sprawling penthouse located at 150 Columbus Avenue. The NYDN reports the "Voice of Basketball" and his wife, former ESPN producer Heather Albert, just inked a contract that points to a $14.9 million deal. The couple originally purchased the 3,553-square-foot penthouse back in 1996 for just $2.39 million, calling it their home for years before heading down to Tribeca—and turning this pretty sweet profit. The penthouse was listed just five months ago.
Inside the home

October 25, 2014

Weekly Highlights: Top Picks from the 6sqft Staff

By Dana Schulz

If we’re ever going to get a new Penn Station Madison Square Garden will have to move, so a group of urban planners has proposed relocating the arena to a nearby post office. Ghislaine Viñas’ colorful and eclectic loft design seamlessly blends together in Tribeca. Ever wonder about those strange faces on the Woolworth Building? We’ve […]

Uncategorized

October 24, 2014

Renovated Country-Chic Condo on the Upper West Side Asks $1.6 Million

By Aisha Carter

We dare you not to fall in love with this adorable penthouse condo at 255 West 92nd Street. This gorgeous 1,178-square-foot renovated pad brings a little country chic to the city, and its additional 800-square-foot rooftop terrace is sure to be a welcome retreat from the city that never sleeps.
Take a look inside, here

Distinctive Homes

October 23, 2014

Accounting for the Strange Faces That Adorn the Woolworth Building (And Other Fun Facts)

By Diane Pham

The 101-year old Woolworth Building has been in the news quite a bit lately, especially since it was first announced that the top 30 floors would be turned into 34 apartments; one of which is a nine-story penthouse is expected to hit the market for a record $110 million. But the Woolworth has long been at the center of New York life with its storied past and lofty 792-foot height. It cost $13.5 million to erect the tower in 1913, and the building was the world's tallest when it first debuted. Though a number—50 to be exact—have surpassed it in height, the Woolworth Building has remained one of the world's most admired for its detailed and compelling ornamentation. Like other prestigious companies of its time, Frank W. Woolworth wanted something unforgettable and the building's architect, Cass Gilbert, certainly delivered. The tower is filled to the brim with mosaics, stained-glass, golden embellishments and of course tons of those carved faces and figures.
See the faces of the Woolworth building

History

October 23, 2014

Brooklyn Nets All-Star Joe Johnson Shopping for a New Home in the Clocktower Building

By Diane Pham

Brooklyn Nets' Joe Johnson is hunting for a home and he's got his eye on a beauty at the Clocktower Building in DUMBO. According to the NYP, the 33-year-old shooting guard was spotted scoping out a two-bedroom renting for $9,500 a month at the iconic waterfront building. The corner loft home features concrete beamed 11-foot high ceilings, hardwood flooring and big, bright windows facing the Manhattan Bridge.
Let's have a look inside

October 21, 2014

Ghislaine Viñas’ Colorful and Eclectic Design Seamlessly Blends Together on Greenwich Street

By Stephanie Hoina

Just like the bright pink background of her website, Ghislaine Viñas’ interior designs grab your attention and never let it go. Bold color combinations that might seem garish in the hands of a lesser talent only serve to underscore Viñas’ “off roading” philosophy of experimentation and exploration.
Immerse yourself in this colorful home here

October 20, 2014

Extraordinary Dwellings: These Amazing Homes Are Hidden in Plain Sight

By Michelle Cohen

It isn’t unusual to see old warehouses, churches and banks converted into luxury multi-unit condos and apartments. But far more rare, and often shrouded in myth and mystery, are one-of-a-kind buildings that had former lives as banks, schools, a synagogue, a public bath house, a Con Ed substation, even a public restroom and a hillside cave–and have more recently served as home and workspace for a lucky handful of bohemian dreamers (and hard-working homeowners).
Find out who lives behind the gates of those those cavernous, mysterious buildings

Architecture And Design

New Woolworth Building Listing Reveals Additional Residential Details

Rendering of unit 31A terrace

October 16, 2014

New Woolworth Building Listing Reveals Additional Residential Details

By Dana Schulz

First came the floorplans for the $110 million penthouse, then the first set of interior renderings, and now we have a new sneak peak inside the highly anticipated Woolworth Tower Residences. The Post has profiled unit 31A, a four-bedroom, full-floor unit on the market for $26.4 million. And along with a written description--"a kitchen with all the modern conveniences, a massive formal dining room, hidden bars, a library and...two terraces to enjoy the view from 31 stories up"-- come two new renderings, those of the terrace and the kitchen.
More details ahead

New Developments

October 14, 2014

It’s Official: 432 Park Avenue is NYC’s Tallest Residential Building

By Dana Schulz

NYC supertalls all over town are weeping: 432 Park Avenue is officially the tallest residential building in the city as of today, topping out at 1,396 feet, and the second-tallest tower after One World Trade Center. Concrete on the highest floor of the Rafael Viñoly-designed building is being poured, probably as we speak, cementing (no pun […]

October 14, 2014

Willem Dafoe Sells His Lovely Perry Street Pad for $2.9 Million

By Annie Doge

After making a move on up to the penthouse this past spring, actor Willem Dafoe has shed his full-through third floor pad for $2.875 million, according to city records filed today. Dafoe originally purchased the two-bedroom co-op located at 67 Perry Street for $1.6 million back in 2005—meaning the actor made a tidy $1.28 million profit with the recent sale. The cozy home comes with exposed brick walls, a wood-burning fireplace, separate study nook with built-in bookshelves, and tranquil tree-top views from oversized bay windows.
Ihside the home here

October 14, 2014

Real Estate Wire: NYU’s $6B Expansion Moves Forward; All the Places That Have Been Compared to Brooklyn

By Diane Pham

NYU just got the green light for its $6B expansion. [DNA Info] All the places the New York Times has compared Brooklyn to. [City Lab] Just six months after buying a $99 million Williamsburg retail and residential property, developer Joel Schreiber has flipped for $106 million. [TRD] The 346 Broadway conversion will include a snazzy penthouse. […]

Real Estate Trends

October 14, 2014

Billy Joel Unloads Another Apartment at 128 Central Park South

By Annie Doge

Piano man Billy Joel has just sold off his one-bedroom pad at 128 Central Park South for $775,000, according to public records. The sale is the second for Joel at the building, the first being an $11 million deal he struck last year for the two-bedroom, 10,000-square-foot penthouse he once shared with ex-wife Christie Brinkley. The one-bedroom is a comparably modest pad situated on a high floor of the building. An eat-in kitchen, abundant south light and city views are some of the perks, but the listing (now offline) noted that the home needed renovation. The apartment was previously rented out, though Joel and Brinkley did entertain it as a penthouse extension. The transaction was managed by Joel's accountants Gelfand, Rennert and Feldman. Adam Modlin of the Modlin Group brokered the deal.
See the floor plan here

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