News

With Mother Earth In Mind

MetroOctober 12, 2016

It’s not easy being green, but in these environmentally-friendly apartments it’s not too difficult.

 

With energy-efficient features and reclaimed materials, it’s also never been so simple to save money while not skimping on high-end design. And these homes prove it.

 

121 West 20th St., PH5D

 

This Chelsea loft, listed for $2,825,000, boasts ambience with two French door Juliette balconies, a fireplace and 864-square-foot outdoor space. But the two bedroom, two-and-a-half bathroom centers around the master suite, especially the bathroom. Featuring a freestanding tub, steam shower, dressing area and five large closets, the wash room is environmentally-friendly with bamboo floors, a double flush toilet, low voltage lighting and energy efficient washer/dryer.

Co-op with Modern Updates

CurbedOctober 05, 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.

 

Soho is full of apartments that have been revamped to incorporate vintage details with amenities that are up to snuff with 21st-century desires, and this one-bedroom co-op is no different. Located in a pre-war building on Thompson Street, the tiny pad has some of the apartment's original details—exposed brick, arched windows—along with more modern updates. That exposed brick, for example, has been painted white (as has most of the apartment); the kitchen, meanwhile, has modern appliances, and the bathroom is brand new.

 

Caveats: The bedroom is small, as is the apartment as a whole; and though this is a six-digit listing, it’s a bit on the higher end. The asking price $730,000 with an additional monthly maintenance fee of $1,220.

Cozy but Charming Co-op

6sqftOctober 05, 2016

This very cute one-bedroom co-op at the Soho building 57 Thompson Street has hit the market at a price of $730,000. Besides the good location, just east of 6th Avenue, it’s got nice details like painted exposed brick, arched windows and some newer finishes in the kitchen and bathroom. It’s a small pad, sure, but it packs in enough charm to impress.

 

Through a long foyer you enter a living room with an open kitchen to your left. The living area doesn’t look large enough to hold a dining table, but the kitchen boasts a reclaimed wood breakfast bar that provides some extra counter space and seating.

 

The bedroom’s small, too, but at least its got a big window and some painted, exposed brick character.

 

The bathroom was renovated with marble tiles, while the kitchen got new stainless steel appliances.

 

57 Thompson Street is a six-story co-op that was built in 1931. It holds 32 apartments, mostly studios, one- and two-bedrooms. Perks include an elevator, live-in super, laundry room and common storage area. But we’re especially digging the central SoHo location of the building, right between Broome and Spring streets.

 

CORE Teams Up With JLL

The Real DealSeptember 30, 2016

Boutique residential brokerage CORE and JLL have formed an exclusive partnership to market CORE’s new development projects to the pan-Asian market, CORE CEO Shaun Osher told The Real Deal.

 

Inside Look: Flatiron Lofts

MetroSeptember 29, 2016

Apartment windows in New York City can look out onto everything from the city skyline to a brick wall to the ocean waves. But for any NYC apartment large windows with a view can make the difference between a must-have place and just a place to crash.

 

Here are two places — both located on East 22nd Street in Manhattan’s Flatiron area, that not only have large windows with a view, but reflect the character of what’s going on inside and out.

 

21 E. 22nd St., 2F

$1,350,000

 

This Flatiron loft is described as having a “dash of steampunk,” but what really stands out in this one bedroom, one bath is its original brushed steel casement windows. Featuring industrial hinges, the windows fit well with the loft’s high ceilings.

 

"I had never seen casement windows quite like these before, said Cassie D'Agata, licensed real estate salesperson with CORE. “Most units in the building have had them replaced or painted over but these still have the original brushed steel frames; vintage architectural pieces that preserve a century of history. They are at least 8 feet tall and rather than lift from the bottom, the top panes hinge and open by pulling the chain and hitching it to a front latch. After a bit of research I found they are sometimes referred to as awning windows because they swing outward and project like an awning.”

 

29 E. 22nd St., 12S

$4,750,000

 

This three-bedroom, two-bath loft, located on the top floor of a pre-war co-op, has 11-foot ceilings and seven large arched windows. The windows in this industrial/modern-style home feature wood trim and extend from the living room into the adjacent master bedroom.

 

Lofts With Huge Windows

MetroSeptember 28, 2016

Cassie D'Agata and Patrick Lilly's listing at 21 East 22nd Street, 2F and Michael Rubin and Cameron Culver's listing at 29 East 22nd Street, 12S were featured in Metro for their huge industrial-style windows. The views from both make these properties must-have homes.

Neighbors Join Forces

CurbedSeptember 28, 2016

They say that there’s strength in numbers, so we’re guessing that is why Fraiser actor Kelsey Grammer has joined forces with his neighbor, software supplier CEO Larry Mueller, to get their respective apartments sold as one.

 

After no luck selling his 3,076 square foot apartment within Jean Nouvel’s 100 Eleventh Avenue, listed for $9.75 million, Grammer and Mueller, who has been trying to sell his space for $9.85 million since April, are offering the two apartments as a full-floor combination apartment asking $19.6 million, reports Luxury Listing.

 

The new listing amounts to four bedrooms and three-and-a-half bathrooms spread across a sweeping total of 5,750 square feet of space with 11-foot ceilings, en-suite baths, gas-burning fireplaces, and engulfing floor-to-ceiling windows. And for the views, well, whoever lands this unit will find themselves enjoying 360-degree views of almost every major New York City landmark one would wish to see including the Empire State Building, Freedom Tower, the High Line, Hudson River, and more. Talk about lucky.

Redefined 'Bachelor Pads'

Gotham MagazineSeptember 28, 2016

Bachelor pads don’t necessarily mean the man caves you rented straight out of college. Don’t believe us? These tastefully-designed homes are among the most in-demand properties in Manhattan and make an idyllic address for the single man, whether he’s a sophisticated, professional urban dweller or one who loves to entertain friends. Take a look:

 

87 Leonard, Maisonette B

 

This TriBeCa loft, designed by the hip firm GRADE, combines homey touches with the neighborhood’s industrial vibes. The downtown bachelor will find expansive entertaining spaces flanked by Corinthian columns, handsome, original wood beams indoors, and an equally impressive outdoor space. Perhaps the winning touch is the room filled with video game machines and a foosball table.

 

Kelsey Grammer Teams Up

Luxury Listings NYCSeptember 27, 2016

What do you do when you can’t sell your apartment? If you’re Kelsey Grammer, you team up with your next door neighbor, tech CEO Larry Mueller, to try to sell your condos together. The pair listed a combination apartment at the Jean Nouvel-designed building at 100 Eleventh Avenue yesterday for a grand total of $19.6 million.

 

Grammer listed his individual apartment for $9.75 million back in July, while Mueller’s apartment has been on the market since April for $9.85 million (originally $10.6 million). Both men bought their pads in 2010, Grammer for $6.4 million and Mueller for $5.74 million.

 

Combined, their apartments encompass the entire 19th floor of the building for a total of 5,750 square feet, with four bedrooms and three and a half bathrooms. It comes with terrazzo floors, motorized window shades and 11-foot ceilings.

 

Mueller made headlines in 2010 when he sold an apartment he paid $6.1 million for at Robert A.M. Stern’s 15 Central Park West for $13.73 million. When he bought the Nouvel pad, he told the Observer, “I think it will be a great investment.” He does not seem to be having the same real estate luck he once did, but maybe all he needs is a famous friend with an equally fabulous apartment.

 

Biggest Contract of the Week

The Real DealSeptember 26, 2016

The penthouse at 42 Crosby Street went into contract last week with an asking price of $25 million, making it the biggest residential contract of the week.

42 Crosby’s Penthouse Already In Contract

CurbedSeptember 26, 2016

The überluxe condo development at 42 Crosby Street just launched sales last week, and the over-the-top penthouse is already in contract for $25 million, according to The Real Deal. The Olshan Report, which tracks luxury developments, named it the biggest deal of last week.

 

Images of the 5,852-square-foot urban palace are somewhat limited, but available glimpses suggest it is indeed quite nice. The highlight: Every single room in the apartment is surrounded by floor-to-ceiling glass sliding doors, which open out onto a 4,024-square-foot wrap-around private terrace.

 

Should you prefer to stay indoors, the starchitect-designed residence is equipped with 5 bedrooms, 7 bathrooms, custom stainless steel Boffi kitchens (yes, plural — there’s a kitchen and a kitchenette), and Tarrazzo flooring that apparently complements the rest of the ash-planked wood floors. The listing also makes note of a "private entry foyer with direct elevator access"—one would expect no less—and an automated exterior window shading system, among other features.

Manhattan’s Condo Pipeline

The Real DealSeptember 23, 2016

The number of cranes above the Manhattan skyline – the unofficial barometer of construction activity in the city – may soon start to dwindle as the number of condo units proposed, under construction and on the market has plateaued after a three-year climb, a new analysis by The Real Deal shows.

 

Allure of Exposed Brick

StreeteasySeptember 23, 2016

New York City is fascinating for many reasons, but in no small part because of its seamless integration between what was, what is and what’s going to be. For all the new condo developments and the modern architecture redefining swaths of its world-famous neighborhoods, New York is a city layered in time. And so we ask: What is it about exposed brick walls in apartments?

 

Just like cobblestone streets that peek out from asphalt, nothing brings as many New Yorkers as close to the city’s past than brick. Exposed brick walls are a thing in many metropolises with older housing stock, but in New York, a brick wall found inside an apartment or townhouse or row house can set off Proustian waves of nostalgia. Even those of us who don’t find exposed brick walls particularly alluring have to admit that they are evocative. The rawness of brick commands attention and sometimes begs special attention. We get it.

 

For instance: A SoHo dweller who was remodeling her loft apartment was genuinely and pleasantly surprised to find brick under the drywall. Suddenly, the idea that there was brick sent the remodeler into a small moral dilemma. Brick is interesting. The brick is there. Should the drywall be scraped in favor of exposing the brick?

 

The answer is not necessarily. Exposed brick is an undeniably specific aesthetic. It does require the right balance to blend brick’s timeless quality with the rest of the dwelling’s decor. However, the point is exposed brick tends to force a dialogue before letting it all hang out.

 

In other words, if there is a chance to have exposed brick, does that supersede other design paths because, well, in NYC, exposed brick is a THING. In fact, plenty of renters or buyers in NYC have exposed brick as part of their search criteria.

 

“I recently showed a completely renovated apartment that had unearthed the brick. This revelation prompted my buyers looking at another apartment in the building to become even more interested because they knew brick could be exposed in that one, too,’’ said Steve Snider, Licensed Real Estate Agent with CORE.

 

Snider said he has shown many apartments that not only feature real brick, but many where tenants or owners have placed faux brick onto walls or other surfaces.

 

“It is clearly a desirable element, as I have seen a lot of pseudo-brick material being used to add loft character to apartments. Brick may not fit a heavily refined apartment on the Upper East Side, but downtown it feels at home,’’ he said.

 

The More You Look, the More You See Brick

 

Many NYC real estate agents are steeped in the brick aesthetic. It is desirable and a selling point for many renters or buyers who want to tap into the timelessness quality of exposed brick.

 

“Our listing at 130 Beekman Street has exposed brick and that’s one of the first things everyone comments on. Buyers know it’s not always easy to find when many of the available units are new or recent construction. There are certain neighborhoods with a lot of prewar buildings like the West Village and South Street Seaport and buyers looking there almost expect it,’’ said Krista Nickols, an associate real estate broker at Douglas Elliman Real Estate.

 

Pros and Cons to Exposed Brick

 

There are pros and cons to exposed brick, from any number of practical, aesthetic and maintenance issues. Brick is porous and can be a more touchy weather conductor, especially on an exterior wall. The mortar can require diligence in upkeep in many of the city’s turn-of-the-century buildings.

 

From a decor standpoint, it is not as easy to hang things on exposed brick. Many times these walls are left bare, or hung with one painting or art piece/mirror. Drilling a hook into the mortar or masonry requires a little more care and a good Google search to make sure it’s done correctly. If you’re renting, make especially sure your landlord is OK with drilling, nailing or hanging anything off the brick. You can always resort to brick clamps to avoid the whole scenario.

 

While owners of apartments with exposed brick may be willing to take on the intricacies of exposed brick, renters may be a bit wise to tread lightly when it comes to hanging stuff or altering the wall. This is especially true in the case of thinking you’d rather have the whitewashed brick sandblasted down to the bare brick, or applying white paint over bare brick to give the room texture, but take away the overtly brick look. These kinds of projects can get bigger and messier, if not a bit too toxic due to paint fumes or paint chips compromising your interior space.

 

Brick is a thing: It brings timelessness and texture to a dwelling. But make peace with it before you rent or buy, because the brick is not going away. Not easily, anyway.

New Developments Celebrate High Floors, High Design

Mansion GlobalSeptember 22, 2016

Despite some small hiccups, the market in New York is still going strong.

 

According to a Q2 Corcoran sales report, the second quarter of 2016 had close to record-breaking high prices and some improvement in sales after a dip at the beginning of the year. The market is showing some signs of rebounding from a small slowdown.

 

Sales closings in Manhattan were up 6% from the first quarter in 2016, though they are 14% lower than the same time last year. Although the increase in new developments on the market and re-sales of existing condominiums have resulted in an 11% increase in inventory, the market is still moving briskly, with days on the market only increasing 5% from last year and still moving faster than normal.

 

Across the river in Brooklyn, demand continues to be strong, with rising prices and above average closings 9 percent above the quarterly average, according to Corcoran’s Q2 Brooklyn report. In Brooklyn, inventory is more limited, with 21 percent fewer listings than five years ago. Sales in new developments have kept the Brooklyn prices moving up. Many new and exciting developments are coming to Brooklyn in an attempt to keep up with the growing demand for the borough.

 

In all areas of New York, exciting new projects bring luxury and specificity to the buyer, whether it is design that celebrates its Brooklyn location, extensive amenities, high floors, or high design.

 

Here are some new developments on the market this fall:

 

42 Crosby

 

This seven-story SoHo building pays homage to the low 19th Century cast iron buildings surrounding it with its height, scale, and façade, which incorporates stainless steel, aluminum, exterior window shades and metal mesh. Although 21st Century SoHo is crowded and bustling, residents will have plenty of space: the building has nine three-bedroom residences, a penthouse, and a lobby level with an internal garden featuring sculptures by the landscape artist Paula Hayes. Downstairs, there’s storage, and yes, parking. Sales launch is this month.

 

Number of units: Nine apartments and a penthouse

 

Price range: $8,250,000 to $25,000,000

 

Developer/architect: Atlas Capital Group/Annabelle Selldorf

 

Apartment sizes: Nine three-bedroom units and a penthouse

 

Amenities: Storage units, parking, art installation by Paula Hayes and a courtyard with trees.

 

Website: 42 Crosby

NYC’s Best New Buildings

New York PostSeptember 22, 2016

The weather is beginning to cool, but the city’s residential real-estate market plans to continue its hot streak. That’s right, house-hunters — dozens of condos and rentals will debut this season. Looking to nab a sweet pad? From the Upper West Side to Williamsburg, there are plenty of new buildings to choose from. Read on.

 

MANHATTAN CONDOS

 

42 Crosby

 

This 10-unit Soho condominium designed by Annabelle Selldorf made headlines in 2014 with its million-dollar parking spots — yes, parking spaces for $1 million apiece. Well, two years on, the project finally kicked off sales this week with asks from $8.25 million. The seven-story building has nine three-bedroom spreads and a five-bedroom penthouse. As for amenities, there’s a car elevator that leads to that pricey parking area, with an electric-car charging port at each space, a terrarium art installation by Paula Hayes in the lobby, and private storage rooms.

 

87 Leonard St.

 

Tribeca, the once industrial, now high-class Lower Manhattan enclave, is known for its array of cast-iron architecture. Now’s your chance to live in one of these structures — a landmarked building at 87 Leonard St. that’s been converted into seven condos. Four units remain, including a just-listed 7,414-square-foot maisonette with two bedrooms and 444 square feet of outdoor space that is asking $7.75 million. There’s also a 3,612-square-foot penthouse with three bedrooms and a nice 1,573 square feet of outdoor space on the market for $10.75 million. The building also houses a gym for residents. Ben Shaoul’s Magnum Real Estate Group handled the conversion’s development, while GRADE New York spearheaded the design.

 

Latest In Luxury Developments

WallpaperSeptember 22, 2016

42 Crosby

 

A sleek seven-storey condominium designed by Selldorf Architects is going to be the newest addition to Manhattan’s historic SoHo district. Keen to reflect the area’s architectural context, Annabelle Selldorf used stainless steel, brushed aluminium and metal mesh to configure a crisp update to the surrounding 19th century cast-iron façades.

Sales Begin At 42 Crosby

6sqftSeptember 20, 2016

Sales officially launched today at 42 Crosby Street, Atlas Capital Group’s 50,000-square-foot Soho condominium designed by Annabelle Selldorf of Selldorf Architects. Nine three-bedroom residences and a penthouse at the seven-story luxury residence will start at $8,250,000 (the penthouse is going for $25 million). According to the press release, the building’s design offers “a contemporary interpretation of the Soho neighborhood’s cast iron architecture,” and of course, there’s those $1 million parking spots.

 

As with Selldorf’s other residential designs such as the innovative 200 11th Avenue, 10 Bond Street in Noho and the interiors at the Urban Glass House at 330 Spring Street, meticulous attention to design details is reflected in the use of materials like stainless steel, brushed aluminum and metal mesh. The design of the façade allows for living spaces with high ceilings, generous open space, exceptionally large windows and sliding doors that open onto private Juliet balconies. The building’s innovative window shade system consists of shades mounted on the building’s exterior that will automatically raise and lower in response to exterior temperature and lighting conditions (tenants will be able to control the shades independently as well).

 

Residents will enjoy a courtyard with “a fully mature Norway maple tree, which was recently airlifted into its new and final home,” and the building’s lobby will feature terrarium gardens and sculptures by renowned artist Paula Hayes.

42 Crosby Hits the Market

CurbedSeptember 20, 2016

Name: 42 Crosby

 

Address: 42 Crosby Street

 

Developer: Atlas Capital Group and Square Mile Capital

 

Architect: Selldorf Architects

 

Size: seven floors, 10 apartments

 

Prices: from $8.25 million

 

Sales and Marketing: Core

 

Annabelle Selldorf’s überluxury condos at 42 Crosby Street have been in the works for some time now, but as the development—known for its $1 million parking spots, a New York City status symbol if ever there was one—gets closer to finishing, its apartments are finally on the market, with condos launching sales this morning.

 

The building will have 10 units, with nine of those being three-bedroom apartments (two per floor), and one super-deluxe penthouse topping the structure. There are two types of apartments: one with a large, open-concept floor plan, and one that has a smaller study (or another bedroom) just off of the common area. Both have the same luxe finishes throughout—terrazzo, Boffi kitchens, marble-covered bathrooms, etc.—along with floor-to-ceiling windows that offer views of the neighborhood.

 

Amenities include those private parking spaces (10 total are available, and they’re not included in the price of each apartment), which are accessed via a porte-cochere—not something you see every day in Soho. There’s also an interior courtyard with landscaping (including an enormous maple tree) as well as terrariums and other sculptural pieces by Paula Hayes.

 

As you can probably guess, the apartments won’t come cheap—this has the imprimatur of a starchitect, after all—with the smallest residence, a three-bedroom, starting at $8.25 million. The top-floor penthouse will go for $25 million, which is actually … not unreasonable, by the standards of luxury living these days.

Tile Gains Footing All Over

The New York TimesSeptember 18, 2016

Tony Sargent was featured in last week's The New York Times giving advice on using boldly patterned or colored tiles. He warns that while some homeowners find this new trend charming, others may not. He suggests using tile in a small space, such as a powder room.

On the Market

The New York TimesSeptember 16, 2016

Michael Kochman and Martin Eiden's listing at 125 East 74th Street, 2B was featured in The New York Times. The one-bedroom Upper East Side Co-op is listed for $999,000.

 

Tile Gains Footing All Over

The New York TimesSeptember 16, 2016

If you’ve been keeping an eye on the ground beneath your feet, you may have noticed an explosion of pattern. It can be seen in public spaces like the Manhattan restaurant L’Amico, designed by Crème; and the Hotel Van Zandt in Austin, Tex., designed by Mark Zeff. And in private spaces, too, like the New York apartment of the actors Naomi Watts and Liev Schreiber, designed by Ashe & Leandro and featured earlier this year in Architectural Digest.

 

Billionaires, Brokers and Jason Derulo Party Down In Hudson Yards “Verdant Oasis”

Luxury Listings NYCSeptember 15, 2016

Right now, Hudson Yards, Manhattan’s newest neighborhood, is a dystopian hellscape, where only construction workers and fashion models dare go.  But slowly and surely the glistening towers that make up Related Companies’ mega-development are opening.

 

Game Time

New York ObserverSeptember 15, 2016

Emily Beare and Shaun Osher's listing at 87 Leonard Street, MAISB was featured in the New York Observer. The carefully crafted and incredibly unique two-bedroom home spans four floors and is offered at $7,750,000.

Massive TriBeCa Spread

ObserverSeptember 15, 2016

“This apartment is just so fun,” CORE broker Emily Beare told the Observer, opening the heavy wooden door of the maisonette at 87 Leonard Street.

 

Indeed, the four-level condo, listed for $7.75 million, is unapologetically frivolous, with just two bedrooms spread out over 7,414 square feet.

 

“A lot of people are attracted to Tribeca by lofts and the volume of space,” Beare said matter-of-factly as we peered up at the 17-foot ceilings in the living room, where the original wood beams and Corinthian cast iron columns are juxtaposed with modern details like wide-plank white-oak floors and a gas fireplace.

 

We strolled into the kitchen, which is outfitted in subway-tiled walls and stainless steel appliances, as well as a honed statuary marble island and Prada black marble countertops, and then on to a “secondary” bedroom with en-suite bath on the other end of the floor, adjacent to a garden patio. The lofted master suite, which looks out at the main floor but can be closed off by way of a pocket door, is up one flight of wooden stairs. Along with five closets, there’s a master bath with floor-to-ceiling Calacatta gold marble, herringbone patterned floors and a porcelain tub.

 

With the necessities already taken care of above, the lower two floors are configured in rather whimsical way. One is set up as a screening room, with rows of leather armchairs lined up facing one wall. “We thought this would be perfect for a movie theater,” Beare explained, and there’s also an office-and-sleeping space as well as an additional powder room and wet bar.

 

Down another flight of stairs, “the fun really begins,” Beare said excitedly, revealing a poker table, three arcade games, Ping-Pong table and a foosball machine, with a basketball hoop placed against a wall that makes use of the double-height ceilings.

 

“There aren’t many spaces like this in the city.” Beare laughed. “With this kind of space, you can create anything you want,” she pointed out. “That’s what makes it special.”

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