News

Magnificent Manhattan Home

1stdibsAugust 31, 2016

“We subtracted all the color so you would notice the fantastic textures,” says Nate Berkus of his former Fifth Avenue penthouse. The home is a showcase for vintage furnishings, including a 1970s Maison Jansen brass and smoked glass coffee table, a George Pelletier ceramic pendant light, a 1970s chrome Soriana sofa by Tobia and Afra Scarpa, a circa 1950 Jacques Adnet leather vide-poche and a 19th-century French gilt mirror.

Stars List $17.25 Million Condo

Mansion GlobalAugust 31, 2016

Supermodel Gisele Bündchen and New England Patriots quarterback Tom Brady have put their Flatiron pad on the market for $17.25 million just weeks after they purchased a riverfront home in TriBeCa.

 

The couple’s three-bedroom home at the One Madison tower in Manhattan’s Flatiron District, which they bought in 2014 for just over  $11.7 million, spans slightly more than 3,300 square feet and has a private elevator, as well as views of the Empire State Building and Hudson River, according to Variety.

 

Their neighbors include media mogul Rupert Murdoch, who owns the top four floors at One Madison. (Mr. Murdoch is the Executive Chairman of News Corp, which owns Dow Jones, publisher of Mansion Global.)

 

This news comes just weeks after it emerged that the genetically blessed couple paid more than $20 million for a five-bedroom, 5,000-square-foot-home at the Robert A.M. Stern-designed 70 Vestry in Manhattan’s TriBeCa neighborhood.

 

Mr. Brady and Ms. Bündchen— and fellow residents of the 70 Vestry condominium due to be completed in 2018—will have impressive views of the Hudson River and access to a spa suite with an 82-foot swimming pool, separate children’s pool, and hot and cold plunge pools.

 

Earlier this week, Forbes named Ms. Bündchen the highest paid model in the world for the 14th consecutive year.  According to the magazine, she brought in $30.5 million last year.

Pretty People List Pied-à-Terre

VarietyAugust 30, 2016

Gisele Bündchen and Tom Brady have listed their 3 bedroom pied-à-terre with Jim St. Andre at 22 West 22nd Street, 48. The sleek One Madison apartment is asking $17,250,000.

Tom and Gisele List Condo

VarietyAugust 30, 2016

Though it’s flown under the radar since it first popped up on the open market in early June, an eagle-eyed informant swears that all-American pigskin-tosser Tom Brady and Brazilian supermodel Gisele Bündchen have listed their pied-à-terre at the sleek One Madison tower in New York City’s Flatiron District with a $17.25 million price tag.

 

Acquired in early 2014 for a bit more than $11.7 million, the high-floor condo spans slightly more than 3,300 square feet and has three bedrooms and 3.5 baths. It was “re-imagined,” per marketing materials, in crisply understated luxury by the celebrated architect Peter Marino. A private elevator landing opens to a light-filled combination living/dining room wrapped in floor-to-ceiling windows that grant unimpeded if potentially vertigo-inducing views of the Empire State Building and Hudson River.

 

A separate den offers more spine-tingling city views, including the World Trade Center, to the south. Both guest/family bedrooms have private baths, and the master suite sports a two-person soaking tub daringly positioned in a corner with floor-to-ceiling windows. The luxury building, whose four uppermost floors are owned by global media mega-mogul Rupert Murdoch, provides residents with round-the-clock doorman and concierge services, a private screening room, a private dining room with catering kitchen, and a fitness facility with a lap pool and steam room.

 

The Brady-Bündchens — who, in 2014, sold a custom-built 14,000-square-foot eco-conscious faux-chateau in Los Angeles for $40 million to rapper Dr. Dre — primarily reside in Boston’s wealthy Chestnut Hill community. There, they custom built a stately stone manor of nearly 15,000 square feet on more than five plush acres that border the manicured fairways of a tony country club. That the uncommonly comely and exceptionally well-compensated couple —according to Forbes she hoovered up an estimated $30.5 million last year, and he has a new four-year contract with the New England Patriots worth $60 million — would want to shed their Flatiron condo isn’t a total surprise: They’ve reportedly made a deal of more than $20 million for an approximately 5,000-square-foot condo in a not-yet-completed luxury complex in Tribeca.

 

NYC’s Priciest Apartment Sales

The Real DealAugust 29, 2016

Keren Ringler's closing at 12 East 13th Street, 9, was ranked number 2 on The Real Deal's priciest apartments sold last week. The deal was finalized at $11,500,000.

Inside Look: Private Roof Decks

MetroAugust 24, 2016

It’s hard enough to find an apartment with a view in New York City, let alone one with private outdoor space.

 

But for the lucky ones who can afford a penthouse property, the upper-floor apartment can offer both.

 

"Apartments with private roof decks are New York City luxuries that are seldom available. It is the uniqueness and rarity of the roof deck coupled with the penthouse status that makes the value so high.  Like a needle in a haystack, searching for that private roof deck among the sea of Manhattan's trophy properties can be difficult," said Ben Jacobs, licensed associate real estate broker with CORE.

 

20 Henry Street, PH2N

 

$2,995,000

 

This Brooklyn Heights penthouse condo, featuring three bedrooms and two bathrooms,  is described as “loft-like with a flexible layout,” but on nice days owners will be spending their time in the landscaped outdoor space. The private rooftop terrace not only has skyline views and a gas grill, but also a lawn with real grass.

 

58 Reade Street, PH5


$8,250,000

 

Located in a Tribeca boutique condominium, this four-bedroom, three-and-a-half-bathroom penthouse has 4,500 square feet of indoor space on three floors, with more than 1,600 square feet of outdoor space on three terraces on the upper two floors. Its listing promises “great flow between rooms and to the outdoors,” adding that the “north terrace is fantastic for festive dinners while the south terrace has incredible views of lower Manhattan and is perfect for sunset cocktails.”

 

309 W. 86th St., PH

 

$3,495,000

 

This three-bedroom, two-and-a-half-bathroom duplex on the Upper West Side had been renovated to include modern design, but keep its pre-war charm. The outdoor space includes a shared terrace running the length of the home. A staircase from that terrace leads to a finished private roof terrace with Hudson River and skyline views.

 

NYC's Private Roof Decks

MetroAugust 24, 2016

Tony Sargent and Charles Moran's listing at 20 Henry Street, PH2N and Ben Jacobs, Kristina Wallison, and Robert McCain's listing at 58 Reade Street, PH5 were featured in Metro for their rare and luxurious private roof decks.

 

Ben Jacobs was quoted stating, "Apartments with private roof decks are New York City luxuries that are seldom available. Like a needle in a haystack, searching for that private roof deck among the sea of Manhattan's trophy properties can be difficult."

Estate-Condition Brownstone

BrownstonerAugust 24, 2016

This estate-condition Italianate brownstone in Bed Stuy needs some work, but with a load of original detail and stately proportions, it has the makings of quite a grand residence. It’s at 33 Monroe Street, on a particularly nice block near the Clinton Hill border.

 

The house is a generous 20.5 feet wide and four stories high, counting the garden floor. There are crown and wall moldings, marble mantels, original woodwork including stately arched doorways, and parquet floors — and much of it looks to be in quite good shape.

 

A two-family that hasn’t changed hands in more than 30 years, it’s configured as a 4.5-bedroom, two-bath triplex over a one-bedroom garden rental.

The extent of work needed is unclear. The photos show only a pair of upstairs bedrooms and the parlor floor — which looks as if it may have undergone a partial renovation.

 

It seems a safe bet that kitchens and bathrooms need upgrading; the mechanicals likely need updating as well. That facade looks to be in remarkably good shape, though.

 

Listed by John Harrison and Paul Johansen of Core, the house is asking $1.835 million. Weighing the potential loveliness of the house against the work needed, does that seem on target? How do you like the look of it?

 

What $2,200 Gets You

CurbedAugust 23, 2016

Yes, it’s another studio—this time in Murray Hill, and asking $2,250 per month. This one has been recently renovated, with a brand new kitchen (peep those fancy appliances) and bathroom. There’s also access to the building’s communal roof, if you need more space every once in a while. 

Penthouse Once For A Furrier

ObserverAugust 18, 2016

“This building was originally for a furrier,” CORE broker Michael Rubin told the Observer, stepping into the elevator at 130 West 30th Street. “I think there was manufacturing going on, but parts were showrooms.

 

“There are all these bronze beavers and animals still on the elevator doors,” he added, exiting the lift on the 19th floor and opening the door to the duplex penthouse at the Cass Gilbert, which he is listing for $5.5 million.

 

“Everything is in perfect condition,” he said, and indeed, there was not a scuffmark to be seen on the loft’s spotless, espresso-stained oak floors.

 

“There’s only one other apartment on this floor—the other penthouse,” Rubin informed us, walking through the living room, where sunlight shone through the six oversized, north-facing windows. “People come in here, and they say it feels like a house,” he declared, noting the 11-foot beamed ceilings on the first level. “The ceilings get a little higher upstairs,” he assured us.

 

“The kitchen is great because it’s separate but also open,” Rubin noted, gesturing to the Calacatta marble breakfast bar dividing the kitchen with custom white oak cabinets, Viking oven, Miele dishwasher and SubZero fridge from the dining and living space.

 

The master suite is on the opposite end of the first level; ascending the wooden staircase to the second floor of the 2,988-square-foot condo, we found two additional bedrooms, each with en-suite Calacatta marble baths.

 

Particularly appealing on this breezy summer day was the north-facing 261-square-foot terrace, which is set up with a dining table, chairs and green plants affording the space the barest hint of privacy.

 

“I feel like this is the next neighborhood—this little pocket right here,” Rubin opined, surveying the cityscape. “It comes up in the listing search as Chelsea, but it’s more like NoMad,” he informed us, though some may not be quite convinced. “The NoMad Hotel is right here,” he added, gesturing toward, it should be said, a few blocks to the southeast.

Fur Sale

New York ObserverAugust 17, 2016

Michael Rubin's listing at 130 West 30th Street, PHA was once home to a furrier. The expansive loft-style penthouse, atop the historic Cass Gilbert building is listed for $5,500,000. 

Duplex With Loft Asks $695,000

CurbedAugust 16, 2016

Welcome back to The Six Digit Club, in which we take a look at a newish-to-market listing priced under $1 million, because nice things sometimes come in small packages. Send nominations to the tipline.

 

It may be nestled on the top floor of a former monastery, but there’s nothing austere about this sunny pre-war one-bedroom duplex. The open living room is the focal point here, featuring 15-foot ceilings, custom oversized windows (with what look like genuinely striking city views), and double-height, built-in oak bookshelves. Though there’s mention of the actual square footage, the listing suggests the $695,000 Turtle Bay co-op has "a tremendous flow and a superb use of space," and that appears to be true—a floating staircase leads up to the second floor, which boasts an airy king-size bedroom and a smaller-but-charming separate home office overlooking the living room.

 

The building was once home to the Biblical Seminary (a precursor of the New York Theological Seminary) and was built in the 1920s. Other notable conveniences: a dishwasher, a part-time doorman, tons of built-in storage space, and access to a pretty enticing shared roof deck.

 

$1.8M Pad With Retro Kitchen

6sqftAugust 12, 2016

This two-bedroom apartment comes from the co-op building Gramercy Arms at 102 East 22nd Street. The building boasts a great location, midway between Gramercy Park and Madison Square Park. As for the apartment, it’s got plenty of prewar charm and a cute, retro kitchen to boot. And it’s asking $1.8 million.

 

Being from a pre-war building, there’s quite a gracious floorplan with large bedrooms and wide hallways. There’s a long and elegant entrance foyer, anchored by two closets, that flows right into the living room and adjoining formal dining room.

 

Both the living and dining areas have high beamed ceilings and wood floors. The listing suggests that the dining room could be closed off and easily transformed into a third bedroom, which would mean moving a dining table into the living room.

 

A window connects the kitchen to the dining room, a nice touch if the apartment owner likes hosting dinner parties. We’re pretty smitten with this kitchen and its black-and-white tiled floor and retro-style oven with a four-burner cooktop. It’s not all older details, though: there’s a stainless steel dishwasher and refrigerator, too.

 

The master bedroom is located on the other side of the kitchen. It’s got lots of closet space and an en-suite bathroom. Also in the apartment is one more bedroom and bathroom.

 

102 East 22nd Street was constructed in 1928 and then converted to a 92-unit co-op back in 1986. It’s got a few perks, like a bike room, shared laundry room and storage, but what it really has going for it is its park-adjacent location. Sadly, you’re not close enough to Gramercy Park to be offered the key to go inside.

Three Apartments To See

DNA InfoAugust 11, 2016

NEW YORK CITY — August is known as one of the slowest real estate months of the year, in which new listings are harder to come by. But these three eager sellers are looking to unload their apartments regardless, offering appealing prices to attract buyers. All three listings are holding open houses this weekend.

 

212 E. 70th St., #2AC, Upper East Side

 

Two bedrooms/Two baths

 

Approximately 1,050 square feet

 

Condo

 

$1.295 million

 

Taxes: $1,083/month

 

Common charges: $799/month

 

Open House: Sunday, Aug. 14, 11:30 to 12:30 p.m.

 

Lowdown: The owners, who combined two apartments to create this two-bedroom unit, are excited to sell as they signed an exclusive deal with the broker the day they finished the renovation.

 

“August is not the ideal month to list anything,” said CORE broker Adie Kriegstein. “But there's nothing like this uptown, so there was no time to waste.”

 

The apartment is located one flight up in a “well-run brownstone condo,” said Kriegstein.

 

Combining the two apartments, she said, was “very easy... they are north and south apartments, so they just removed a wall and updated everything.”

 

The combination allowed for a split-bedroom layout, with the master bedroom and second bedroom on opposites sides. “People prefer it when bedrooms are not next door to each other,” said Kriegstein.

 

This renovation is unique for an Upper East Side apartment because the interior finishes have a downtown feel.

 

There's exposed brick through the entire apartment, moldings and decorative fireplaces,” said Kriegstein.

 

Although interior details were kept, the rest of the space “was updated for 21st-century living,” according to Kriegstein. The kitchen was upgraded to add a wine refrigerator and under-cabinet lighting. A washer/dryer unit was also added to the apartment.

 

Location: Kriegstein called this location “the heart of the Upper East Side in terms of transportation.” The brownstone is only about a block away from the 6 train at 68th Street/Hunter College. The main drag of Madison Avenue is two blocks away, and the entrance to Central Park is just one block further.

 

Why put it on your open house calendar? “If you're looking for an apartment that's not cookie-cutter, and has all the conveniences of the Upper East Side, this is your calling,” said Kriegstein.

$2.8M Tribeca Pad

6sqftAugust 11, 2016

The big open rooms, tall ceilings, warm exposed brick and ductwork, private elevator entry and solid-walled prewar construction in this two-bedroom, 1,800-square-foot Tribeca co-op at 36 North Moore Street provide a refresher course in loft love. And while the loft details are hard to miss, the apartment, listed at $2.8 million, has been renovated for comfort and luxury with new fixtures, central A/C and new walnut floors.

 

Entry to the building is via a very loft-like raised loading dock lobby; a private keyed elevator opens directly into this large open loft. A huge living room has ten-foot ceilings and big loft windows overlooking North Moore Street.

 

The apartment’s brand-new renovation maintains the loft aesthetic with exposed brick on exterior walls and exposed air ductwork. An open-plan chef’s kitchen is ready for entertaining with a 36-inch Sub-Zero refrigerator and a central island with a wine fridge and custom wood cabinetry. A separate media room behind the kitchen functions as a perfect casual dining and entertaining space as well.

 

A large interior room with collapsible walls that allow you to open the space when needed can fill in as a home office, third bedroom or fashionista’s dream closet.

 

A large master bedroom boasts three closets and an en-suite bath with a Toto toilet and deep soaking tub. A second bedroom and bath can be found nearby off the hallway. There’s also a laundry room and lots of closet space, plus a private storage unit in the basement.

Sold for $900,000 or More

The New York TimesAugust 07, 2016

 Recent residential sales in New York City and the region.

 

Manhattan | $2.4 million

 

125 West 22nd Street, Verde Chelsea

 

$2.495 million list price

3.8 percent below list price

Nine weeks on the market

 

1,350-square foot, nine-year-old condo; two bedrooms; two full baths; part-time doormen, quartz counters, commercial-grade appliances, high ceilings, hardwood floors, washer/dryer. Common charges: $1,585 a month; taxes: $12,480 a year.

 

Brokers: CORE; Corcoran Group.

12 Staging Mistakes

InmanAugust 04, 2016

Key Takeaways

 

•Be the driver of staging or hire a professional stager. Staging is marketing, and that's your job.

 

•Avoid matchy-matchy color palette -- photos will fall flat. Instead, excite with contrasts.

 

•Designing to live is very different than staging to sell.

 

Staging a home is not just about decluttering or moving furniture around. It requires a vision of the price point and buyer pool you’re selling to. Here’s a list of 12 pitfalls to avoid when staging:

 

1. Seller staging choices

 

Involving the sellers in the staging process is productive — it builds their trust in you and creates a sense of teamwork.

 

However, real estate agents should be the driver of the staging or hire a professional stager. You are the one hired to market the property, and you know what buyers are looking for as well as what the competition looks like. Remember — staging is marketing.

 

2. Too little furniture

 

Decluttering and reducing furniture is key to good staging — however, make sure you don’t remove so much that the home feels empty or cold.

 

Balance maximizing a sense of space with creating living rooms and master bedrooms that are inviting and warm environments.

 

3. Bad paint jobs

 

Old chipped paint sends a message that the home is not well looked after. Intense colors will turn many buyers off.

 

Choose neutral color pallets like linen-whites, contrasted with decorator white trim and neutral beiges that are warm and welcoming.

 

4. Flat color palette

 

Everything’s “matchy-matchy.” Avoid or transform of homes where color schemes of walls, carpets and furniture match each other closely.

 

It depletes the energy of the room, and photos fall flat. Buyers won’t know why they don’t like the home, but they won’t. Excite with contrasts.

 

5. Minimal or modern decor

 

It’s easy for novice stagers to go super modern without warming touches or be too minimal with furniture.

 

Capture a blend of styles with a clean warm contemporary look and add accessories and pillows that soften the room. Rounded tables also break up rectilinear spaces and provide flow.

 

6. Old or stained wall-to-wall carpeting

 

Avoiding the obvious will reduce the maximum selling price. Carpets retain smells, and old carpets turn people off. For wall-to-wall carpeted rooms, get a professional cleaner in or test a small area to check the floors beneath. If the flooring is beautiful, then clean it up, and add an area rug.

 

7. Too much fabulous art and collectibles

 

Art in a home is great. However, if there’s too much art, buyers will experience the home like a museum or a junk shop.

 

Select and place art and photographs with the intention of drawing the buyer’s eye around the room in a harmonious manner. Years of art on walls will pull focus away from the home and lower offers.

 

8. The 3-foot-5-foot rule

 

Keep surfaces in the 3-foot to 5-foot range, such as on coffee tables, credenzas and dining table, clear of clutter. Some stagers love to bring tall vases and place them everywhere, but don’t let them.

 

Although it can add flare, unconsciously, too much visual interruption from where you enter a living space to the windows (which is where buyers’ eyes go first) will make the room feel small and cluttered.

 

Let buyers’ eyes flow easily in a diagonal across the room, interruption-free.

 

9. Too many toys and books

 

Many of my clients have children, and in small New York spaces, toys and books overtake apartments quickly. Parents get nervous about removing their toddler’s toys from the home for fear it will upset their children.

 

Have parents declutter the room slowly, and children won’t miss their toys. Make it a game of choosing the best for now, and they’ll pick their special toys then let the rest go, which will deliver a higher sale price.

 

10. No carpets or area rugs

 

Many of my New York clients with young children remove their prized carpets to protect them from getting damaged in the early years. But that presents a problem when selling a home.

 

Furniture placed on wood or stone floors without an area rug appear to just float as though someone left and forgot to finish off the room.

 

Avoid letting living spaces look cold and college like. Go to sites such as Overstock.com for carpets.

 

11. Lack of curb appeal

 

First impressions count. Whether it’s the front foyer or the driveway that needs a little updating, spend the money. A bad first impression is hard to recover from.

 

The same goes for backyard landscaping. Make sure things are alive, fresh and dead plants are removed.

 

12. No plants

 

Plants bring a sense of life into a home. Don’t forget to add new flowers and a few strategically placed plants in living spaces. Small orchids make a great eye-catcher in bathrooms.

 

Succulents can also offer a nice dining table centerpiece requiring little care during the showing process.

 

Remember, designing to live is very different than staging to sell. Staging is about creating the look that will appeal to the most number of active buyers and brokers in the price point that you are selling the home at both online and in person.

A Sunny Williamsburg Home

Brick UndergroundAugust 03, 2016

This full-floor rental sits in a picturesque red brick townhouse on the south side of Williamsburg, close to some of the neighborhood's best nightlife spots, as well as to the L, J, M, and Z trains, and the ferry. You'll find classic prewar details in the layout and millwork, but also contemporary finishes and upscale appliances thanks to a recent renovation.

 

Listed by CORE for $3,550 per month, the apartment's price skews a bit high for the neighborhood, but it does offer a lot of space for a one-bedroom.

 

You'll have to walk up two flights, but the top-floor apartment boasts separate living and dining rooms, custom crown moldings, and new hardwood floors throughout, lending an elegant, fresh feel to the space.

 

The sunny eat-in kitchen looks chef-friendly with its generous prep and storage space; the stainless-steel appliances are new and include a dishwasher.

 

The already-spacious bedroom is adjoined by an attached home office, and both rooms are illuminated by large, south-facing windows. The bathroom, off the kitchen, comes with a walk-in shower but no bathtub; nonetheless, it's at least newly renovated with white porcelain and subway tiles.

 

You'll find laundry in the basement, and some pets are permitted. The layout of the unit makes it particularly well-suited to those who work from home and need a little more breathing room—and separation from the workspace—than the average one-bedroom might offer.

Most Expensive Home Sales

CurbedAugust 02, 2016

The McDonough Hershkowitz Team's closing at 15 Central Park West, 38A was ranked #11 on Curbed's list of "New York's Most Expensive Home Sales This Year." The deal was finalized at $28,000,000.

Most Expensive Home Sales

CurbedAugust 02, 2016

Emily Beare and her team's closings at 74 Washington Place and 224 Mulberry Street, PH were ranked #16 and #20 respectively on Curbed's list of "New York's Most Expensive Home Sales This Year." The deals were finalized at $21,650,000 and $21,000,000.

 

 

 

CORE Taps Michael Guerra

The Real DealAugust 01, 2016

As it pushes into new territory outside Manhattan, CORE has tapped longtime agent and manager Michael Guerra to lead the firm’s expansion into Brooklyn.

Buy Kelsey Grammer’s Jean Nouvel–Designed Condo

Architectural DigestAugust 01, 2016

Not many can claim they live in a home created by a Pritzker Prize–winning architect that was once inhabited by a famous actor. However, this condo in Manhattan’s West Chelsea area fits both bills: Kelsey Grammer has listed his residence, in a building by French architect Jean Nouvel. The soaring tower was built in 2009 and showcases a spectacular façade featuring more than 1,600 windowpanes of varied shapes, as well as front-row vistas of the Hudson River and the High Line. Grammer’s apartment includes 100 feet of glass walls, terrazzo flooring, and 11-foot ceilings. The open-plan layout boasts a living/dining area with a wet bar, a wine fridge, and a fireplace, and a kitchen with a breakfast bar. The building’s amenities include an indoor/outdoor lap pool, a fitness center, and a concierge.

 

Glass walls frame the dining space.

 

Every angle provides amazing city views.

 

In the kitchen, guests can sit around the large island and look out at the Hudson River.

 

This geometric bedroom is flooded with light.

 

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