Courtyard Buildings Haven't Lost Their Cachet - BrickUnderground

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If buying a place with a private terrace just isn’t financially feasible for you, a building with a common courtyard could very well be the perfect solution. Douglas Elliman’s Ralph Modica and Dylan Hoffman plunge into the pros and cons in this week’s Buy Curious. THE WISH LIST:

I've always wanted to live in a courtyard building. Can you recommend some?

THE REALITY:

Although you probably wouldn’t be able to take full advantage of it in today’s arctic temperatures, it’s no surprise that you long to live in a courtyard building, say brokers we interviewed. “[It] can be an attractive selling point,” says Modica, noting that many would-be buyers in the city love the idea of having an on-site greenspace that has everything from a BBQ to a children’s play space to a pet area. Adds Hoffman, “Some [courtyards] have beautiful landscaping and layouts. It positively affects sale prices if kept nicely.”

Communal courtyards are mostly found in prewar buildings and are often very ornate like the Upper West Side’s Apthorp, a condo building built in 1908 around a beautifully landscaped central courtyard, and The Dakota, which was built in the late 1800s and boasts landscaped interior and exterior courtyards. There’s also the Belnord, a pre-war Upper West Side structure with an inner courtyard with landscaped gardens, and Graham Court, a landmarked elevator building in Harlem with a landscaped courtyard. These buildings are fairly exclusive and will probably be out of most buyers’ reach (a four-bedroom at the Apthorp is currently on the market for just under $7 million), but their courtyard spaces sure are pretty to look at.

In terms of usable outdoor space, buildings in the recent past have tended to favor roof decks over courtyards. “[Developers] have tried to optimize every foot eligible for development for the best return,” says Hoffman. Roof decks therefore make more sense than courtyards "so there is no wasted space where apartments can be built.”

Perhaps it’s a certain sense of nostalgia or maybe developers are simply catching on to the fact that people love a good courtyard, but only recently have some newer buildings begun to once again embrace the idea of an open green space on the premises. “We are now seeing ultra-luxe new developments starting to turn back to the courtyard-ish idea by introducing private driveways/entry courtyards,” says Hoffman.

Examples include Lincoln Square’s 15 Central Park West, which has an open courtyard between its two limestone towers, and Midtown’s 220 Central Park South, where courtyards are currently being built. Courtyards are also being planned at Extell’s new Lower East Side 250 South Streetdevelopment.

Courtyards aren’t specific to any neighborhood—they’re found all over NYC. In fact, there’s even a spate of them in Inwood, including 4761 Broadway, a mid-rise elevator building, and 15 Seaman Avenue, a pre-war development with a private courtyard.

Pros of living in a building with a courtyard are obvious. “Buyers who want outdoor space but can’t afford to purchase a unit with a private terrace or balcony will generally go for a building that at least has some sort of common outdoor space for residents,” says Modica. Adds Hoffman, “A courtyard could be considered an added amenity and ultimately secure a higher sale price.”

But while having an open-air oasis surely sounds enchanting to New Yorkers hungry for anything al fresco, there are some negatives, too. “Some apartments will look onto the courtyard and thus have no view other than other apartments looking onto the same courtyard,” says Hoffman, noting that this can compromise the light of the apartment. And some buildings don’t allow fun stuff like barbecuing or hanging out in their courtyards—they’re strictly to be admired from afar. Make sure you know which type of courtyard you’re getting before committing to anything. 

“There can also be an expense for keeping up the courtyard, adding to common charges,” says Modica. In addition, there are many buildings that don’t do much or anything with their courtyards. “The value of the space depends a lot on what they do with it,” he says.

Here are a few units in courtyard buildings:

East Harlem two-bedroom/two-bathroom co-op, $699,000: This top-floor unit at 1825 Madison Avenue, between 118th and 119th Streets, has hardwood floors, an upgraded kitchen with granite countertops and a dishwasher, three custom closets (including a walk-in in the master bedroom), seven east-facing windows and a private balcony. The full-service, pet-friendly elevator building, Madison Plaza, has a live-in super, a 24-hour doorman, a laundry room, a bike room, a community room and an outdoor courtyard with a barbecue grill. It’s an HDFC building, though, so you must make below $215,000 to qualify.

Gramercy studio/one-bathroom co-op, $479,000: With uptown views and a wood-burning fireplace, this studio unit at the Gramercy House, located at 235 East 22nd Street between Second and Third Avenues, is sunny and warm. There’s a separate windowed kitchen, a windowed bathroom, and a dressing area with a custom closet. The pet-friendly co-op building offers a full-time doorman, a planted roof terrace, bike storage and a courtyard.

Midtown East studio/one-bathroom co-op, $367,500: This studio in Woodstock Tower, located at 320 East 42nd Street between Second Avenue and Tudor City Place is just a five-minute walk to Grand Central Station. The apartment has an updated kitchen with custom cabinetry, wood floors throughout, four closets and built-in bathroom storage. The building offers an on-site gym and laundry facilities, a 24-hour doorman and a resident-only inner courtyard garden.

Chelsea one-bedroom/one-bathroom co-op, $705,000: Features of this one-bedroom unit at 360 West 21st Street, between Eighth and Ninth Avenues, include high ceilings, recessed lighting, an exposed brick wall and wood floors. The modern bathroom was recently renovated and there’s a separate kitchen with updated cabinetry. The living room is large enough to fit a living and dining combination, and opens to a bedroom separated with pocket doors. There’s also hidden storage throughout the apartment. The pet-friendly elevator building offers bike storage, on-site laundry, and a large courtyard/garden area that’s exclusively for building residents.

Upper East Side two-bedroom/one-bathroom co-op, $749,000: Located at 309 East 87th Street, between First and Second Avenues, this two-bedroom features a kitchen with a separate dining area and breakfast bar, an exposed brick wall in the living room, oak floors, recessed lighting and six closets. The full-service co-op building has a 24-hour doorman, a live-in super, a newly renovated lobby, a parking garage and a furnished rear courtyard for entertaining.

Source: Courtyard buildings haven't lost their cachet | BrickUnderground

Sales of $10M+ Apartments Were Down 14% in 2015 - The Real Deal

From left: One57, rendering of the Baccarat Hotel and Residences, and One Madison

 

Though Manhattan apartment prices hit record-breaking levels last year, the same could not be said for the volume of luxury apartment sales. Sales of units priced at $10 million or more in the borough fell nearly 14 percent year-over-year in 2015 — with only 177 apartments at that price point sold in Manhattan last year, compared to a record 205 in 2014. While units priced $10 million and up comprise only 1.4 percent of Manhattan’s total apartment sales, they make up 14.4 percent of the dollar volume, according to the Wall Street Journal. Brokers cited resistance from buyers to rising prices, as well as a slowdown in transactions in the second half of the year attributed to increased global economic uncertainty. “The buyer that used to drive our market is being cautious,” Kirk Henckels of Stribling & Associates told the Journal. Older co-op buildings saw the greatest decline in transaction volume, with sales of co-ops priced at $10 million and up falling nearly 25 percent in 2015 – to 46 in 2015 from 61 the year prior. Going beyond the $10 million benchmark, there was a slighter drop in sales of units priced at $20 million or more – 44 in 2015, compared to 48 in 2014 – while the five apartments sold at $50 million or more last year was only one less than in 2014. [WSJ] – Rey Mashayekhi

Source: Manhattan Luxury Apartments | NYC Luxury Apartment Sales

Manhattan land was worth $1.4 trillion total in 2014 - The Real Deal

Real Land Values Index for Manhattan, 1950-2014, (1950=100). Logarithmic scale. (credit Barr, Smith and Kularni) A group of economists think they know what all the land in Manhattan is worth: $1.4 trillion. Jason Barr, Fred Smith and Sayali of Rutgers University analyzed sales of vacant Manhattan properties that year, and extrapolated the figures to include all the parcels on the island. The team analyzed data going back to 1950. It found that, adjusted for inflation, total Manhattan land prices have risen by about 15.8 percent since 1993, Vox reported. The economists extrapolated all the way back to 1626, when Dutch settlers purchased the island from its native inhabitants. By the analysts’ calculations, the price of the island has grown at a 6.4 percent annual rate over the past 388 years. [Vox] – Ariel Stulberg

Source: Manhattan Land Prices | Rutgers University

First Look at Rafael Viñoly's Boxy Chelsea Office Building - Development Update-o-Rama - Curbed NY

A recent Crain's article about the trend of "boutique office properties" offers one particularly interesting tidbit for the architecture-obsessed: the first rendering of Rafael Viñoly's latest NYC commission, an office building at 61 Ninth Avenue.

Viñoly's building will replace the nearly century-old Prince Lumber, a holdover from the Meatpacking District and Chelsea's industrial days. The new structure will stand nine stories, with 115,000 square feet of office space and 37,000 square feet devoted to retail. Though it's shorter and squatter than the Uruguayan architect's best-known NYC project, 432 Park Avenue, it has some of the same boxiness that defines that supertall building. (But is this one inspired by a trash can, or some other quirky quotidian object?)

Construction is set to start by the middle of this year, with an anticipated completion date of 2018—and the whole thing will cost $100 million. But according to Crain's, rents in the building will likely start at $150 per square foot, which is double the average for Class A spaces in Midtown, so the developers shouldn't be in the red for long.

 

Source: First Look at Rafael Viñoly's Boxy Chelsea Office Building - Development Update-o-Rama - Curbed NY

Penn Station's $3B Renovation Plans, Revealed! - Curbed NY

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Within hours of word spreading that Governor Andrew Cuomo waspoised to announce a radical plan for the renovation of Penn Station, that plan has arrived. On Wednesday, Cuomo announced a forthcoming Request For Proposals that will be issued by Empire State Development, Amtrak, and the MTA later this week for the renovation of Penn Station, as well as the remaking of the neighboring Farley Post Office, into the Empire Station Complex at a total cost of $3 billion. The $2 billion redevelopment of Penn Station may entail razing Madison Square Garden's Paramount Theater and adding new entrances on Seventh Avenue or 33rd Street and a glass wall and entrances along Eighth Avenue, the Times reports. Whichever developer's proposal is chosen will control all the retail in Penn Station, and that's huge.

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Another Request For Proposals will be issued for the $1 billion remaking of the James A. Farley Post Office into a waiting area for Amtrak passengers, complete with shops and office space. One developer can nab both projects if their proposals are chosen. Developers Related Companies and Vornado Realty Trust, who were chosen to redevelop the post office into Moynihan Station in a decade-old agreement, aren't out per se: they're welcome to submit proposals, and if their vision for the site is not selected, the state is required to reimburse the developers upwards of $30 million. The two developers are at an advantage, though—they're intimately knowledgeable about the station and post office, and that'll be a boon being that the state wants proposals submitted within 90 days. The Real Deal says Cuomo is gunning to have the redevelopments complete within the next 3 lightyears.

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The main goal of the $3 billion redevelopment is to bring more light and air into the station while alleviating some congestion. "Frankly, it's a miserable experience," Cuomo said of the existing terminal. The Executive Vice President of the Municipal Arts Society, Mary Rowe, applauded the project in a statement but doesn't think it will be enough to deal with the station's influx of passengers, "[I]n the long term, these improvements won't be enough to fully address Penn Station's severe overcrowdingor meet the growing needs of its rapidly developing neighborhood and our regional economy."

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Exactly how the project will be financed is up in the air, but Cuomo is expected to address it in next week's State of the State speech. At least $325 million will come from government sources, like Amtrak, the Port Authority, and the federal government. The Wall Street Journal suggests that the station's and post office's air rights may be leveraged to finance the project. In July, Cuomo announced a similarly ambitious plan to revamp LaGuardia Airport.

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Source: Penn Station's $3B Renovation Plans, Revealed! - Transportation Watch - Curbed NY

Javits Center to Get Even Bigger With $1B Expansion Plan - Curbed NY

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Governor Andrew Cuomo sure has been busy this week. As part of his 2016 State of the State agenda, the governor has detailed plans for an expansive, $3 billion revamp of Penn Station; allocated $300 million to bolster New York'senvironmental protection fund; and revealed a program to boost economic development. This morning, Cuomo detailed yet another component of his 2016 plan: to expand the Jacob K. Javits Center by 1.2 million square feet, in an ambitious plan intended to drive more events (and, by extension, cash) to the convention center.

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The planned expansion would bring the convention center—already the country's largest such meeting place—to a whopping 3.3 million square feet, and would add five times the meeting space. The proposed expansion could cost as much as $1 billion, and according to Cuomo, construction is expected to begin sometime this year. (We're guessing this means the idea of a Javits-esque convention center at Sunnyside Yards is off the table.)

The expansion would have a few different components, which you can see below in new renderings (created by FXFOWLE) from the Governor's office:

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One element would be a new, 58,000-square-foot ballroom, which Cuomo said would the largest such room in the northeast.

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The expanded center would have five times the meeting space, thanks to the addition of a new exhibition hall and meeting rooms, which together would add nearly 650,000 square feet to the expanded space.

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There would also be 22,000 square feet of "outdoor event space," which would join the convention center's enormous green roof as one of its al fresco amenities.

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The expansion would also include a four-level, 633,000-square-foot truck garage which, according to Cuomo, would "move 20,000 trucks off the neighborhood streets."

During the press conference, Cuomo also touted the job creation possibilities of the plan (including 4,000 full-time and 2,000 part-time jobs), along with the fact that it could give a serious boost to the city's hotel industry—more events means more people who need hotel rooms, after all. "The Javits Center is the busiest convention center in the country," Cuomo said. "But we have to grow to stay ahead." Indeed.

Source: Javits Center to Get Even Bigger With $1B Expansion Plan - Coming Attractions - Curbed NY

How Much to Tip Your Building Staff: 2015 Edition - Curbed NY

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Early December may be when building staffers prefer to get their tips, but for the last-minute gift givers: we're here for you. Every year the question comes up: How much should I tip my building staff? This handy annual guide, based on a memo sent out by Two Trees Management back in 2005, should help you dole out the dollars (original here, and years' worth of Curbed tipping advice over here). But what worked for Two Trees' staff and tenants a decade ago won't necessarily work for the rest of New York today. Brick Underground always provides a comprehensive guide, offering a general tip range for different types of building staff. Should that tip range seem too broad and uncertain still, Curbed reader and mathematician Spencer Greenberg made a tool that really helps tenants hone in what they should be gifting this giving season.

Brick Underground's general tip range remains the same as it has been the last few years:

Super, resident manager: $75 -$175 on average (broad range: $50 - $500) Doorman, concierge: $25-$150 on average (broad range: $10 - $1,000) Porter, handyman: $20 - $30 on average (broad range: $10 - $75) Garage attendant: $25 - $75 on average (broad range $15-$100)

Every year, Brick Underground also conducts a poll asking New Yorkers how much they tip. Nearly 1,500 people answered in 2014, and here are a few takeaways from the results: · two percent of owners in doorman buildings tipped nothing. · 16 percent of owners in non-doorman buildings also tipped nothing. · 34 percent of renters in non-doorman buildings tipped nothing as well. · Only two percent of renters in doorman buildings tipped nothing, while the lion's share—25 percent—tipped less than $250. · 45 percent of renters in non-doorman buildings tipped less than $250, a precipitous drop from 2013's polling numbers when 23 percent of renters in non-doorman buildings tipped more than $2,500, which BU thought could be "a testament to the Airbnb sharing economy where renters rely on supers to turn a blind eye and/or [lend] a helping hand." Could the drop be the city's agenda against Airbnb catching up?

This year's poll is ongoing, but as was the case with last year, owners and renters are maintaining a tighter grip on their cash. So far: · 20 percent of owners in doorman buildings tipped between $250 and $500. One percent tipped nothing. · 64 percent of owners in non-doorman buildings tipped less than $250. 12 percent tipped nothing. · 48 percent of renters in non-doorman buildings tipped less than $250. 24 percent tipped nothing. · 26 percent of renters in doorman building tipped less than $250. 24 percent tipped between $250 and $500, and two percent tipped nothing. · 12 percent of renters in doorman buildings tipped more than $2,500, making them the most generous tippers of the bunch.

Source: How Much to Tip Your Building Staff: 2015 Edition - The Tipping Point - Curbed NY

7 Things You Need to Know About Manhattan's Resi. Market - TheRealDeal

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Clockwise from top left: One57, rendering of One Riverside Park, 834 Fifth Avenue and the Schumacher at 36 Bleecker

Clockwise from top left: One57, rendering of One Riverside Park, 834 Fifth Avenue and the Schumacher at 36 Bleecker

By the time the ball drops on Dec. 31, roughly $24 billion worth of Manhattan residential real estate will have traded hands, according to CityRealty.

In a year-end report, CityRealty said the median sale price is projected to hit a record $1.1 million in 2015, up from $970,000 in 2014. The average was no bargain either — at a record $1.9 million.

The 16-page report — with projections based on closed sales as of Nov. 30 — is full of fun facts about record prices, priciest neighborhoods and toniest buildings. We sifted through the data to give you these seven key ideas.

1. Condos were no bargain

The median condo sale reached a record $1.6 million, up from $1.5 million in 2014. Thirty-four percent of condo sales were Downtown, accounting for $4.2 billion in sales.

2. Buyers took their time

The number of units traded – 12,700 – was lower than last year’s 12,900. Co-ops saw 7,200 sales valued at $10 billion. Condos saw 5,500 sales valued at $14 billion.

3. At long last, the new condos were ready…

New condo closings will jump more than 60 percent to 1,340 in 2015, according to CityRealty’s projection, compared to 836 in 2014. But the average price of new units dropped to $3.9 million from $4.8 million in 2014.

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(Credit: CityRealty)

4. The luxury market showed its softer side There were 190 sales over $10 million in 2015, down by 11 percent from 214 sales in that price range in 2014. But properties between $4 million and $10 million were booming, with $10.7 billion total sales compared to $10 billion last year.

5. Noho: where prices shot up the most

The neighborhood’s average price per foot shot up 27 to $2,583, a steeper jump than any other neighborhood. That’s largely because of Stillman Development’s Schumacher project, a 20-unit development at 36 Bleecker Street.

6. Even the priciest pad was only $91M

Last year, a buyer paid $100.5 million for a penthouse at Extell Development’s One57. The building took the year’s priciest sale this year, too, with hedge fund manager Bill Ackman’s purchase of a $91.5 million pad. Billionaire Len Blavatnick set a new co-op record at 834 Fifth Avenue, where he paid $77.5 million. (That deal was also the second-priciest sale of the year.

7. And in the building match-up, One57 wins again Not surprisingly, One57 had $564.9 million in aggregate sales in 2015 the most of any building, followed by One Riverside Park with $315.9 million in sales. Fun fact: One57 had just 26 sales to One Riverside Park’s 122 transactions.

(Credit: CityRealty)

- See more at: http://therealdeal.com/blog/2015/12/17/manhattan-median-prices-crossed-1m-for-the-first-time-in-2015-report/#sthash.evoQQyJ6.dpuf

Source: NYC Apartment Sales | NYC Condo Prices

Four Bold New Designs for New York City's Ubiquitous Sidewalk Sheds - Curbed NY

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[All photos via New York Building Congress]

Could the city's current design for construction sidewalk sheds become a thing of the past? That's what the New York Building Congress is hoping for: Over the summer, the organization launched a competition asking architects and designers to submit proposals for more "aesthetically pleasing" sidewalk sheds. Today, the four winners of the contest were revealed, along with renderings for their proposed designs.

First up is the design above (↑), called SCAFFOLDWING, byGannett Fleming Engineers and Architects. It hinges on a translucent polycarbonate "wing" that would extend over the sidewalk, but be pitched at such an angle to allow light to soar in, and rainwater to drain off properly.

Screen Shot 2015-12-17 at 11.49.44 AM.pngFrancis Cauffman came up with the Side+Ways+Shed, which barely looks like a sidewalk shed at all; the traditional posts are replaced with ones that are set back on the sidewalk and lit with LEDs. The idea is to "enliven the streetscape and provide visual cues to pedestrians."

G-Shed.jpgGensler's design, the G-Shed, doesn't look too different from the typical sidewalk shed—though it's definitely not as ugly—but it's different in one key way. The posts would be modular, which, according to the architects, would "allow for seamless adaptation with existing systems, eliminating complicated bracing while creating an inviting arcade" which would help both pedestrians and businesses affected by the shed's placement.

Urban Arbor.jpg ↑ The final design is called UrbanArbor, from PBDW Architects and Anastos Engineering Associates. As the name suggests, it's meant to "evoke the experience of walking down a tree-lined boulevard," with diagonal braces offering both structural support and the feeling of wandering under a thicket of tree branches. It would also use translucent polycarbonate parapets to allow natural light to flow through to the sidewalk.

Even if the Department of Buildings gets on board with these designs, there's another hurdle to clear before you'd see these on the streets: the developers. A previous competition held by the DOB in 2010 brought forth the Urban Umbrella, but developershaven't used the steel-and-plastic contraption because it's more expensive to implement than traditional sidewalk sheds. The NYBC's contest sought "practical, cost-effective off-the-shelf designs," according to a statement, but when developers are involved, who knows what cost-effective really means. Still, the designs are nice to think about—who wouldn't want the city's streets to look just a bit prettier?

New Renderings of One Vanderbilt, Midtown's Future Tallest Office Tower - 6sqft

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 1 VANDERBILT AVENUE, NEW YORK, NY, UNITED STATES

The digital production studio Visualhouse has posted on their website our first motion video look at SL Green’s 63-story office tower known as One Vanderbilt. Hailed to forever change the face of Midtown East and reinvigorate the business district, the $1 billion-plus, 1.6-million-square-foot tower was unanimously approved by the City Council this past summer, thus granting SL Green the green light to begin construction of the supertower immediately.

Visualhouse’s newly released film and renderings provide us with a clearer picture of how the building’s full-block base will meet the street, and also remind us just how gargantuan the tower will be. According to the tower’s architects Kohn Pedersen Fox (KPF), the tower will rise 1,501 feet to its spire, making it the third tallest building in the city upon completion. However, unlike the pencil-thin supertalls underway around Central Park, the project will throw up a substantial amount of bulk into the air.

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Midtown East skyline, KPF, rezoning, NYC skyscrapers, SL Green

Midtown East skyline, KPF, rezoning, NYC skyscrapers, SL Green

The new nighttime depictions show the office floors will be topped by a sizable illuminated crown that is sure to join the Chrysler and Empire State Building as nighttime skyline fixtures.

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Midtown East skyline, KPF, rezoning, NYC skyscrapers, SL Green

Midtown East skyline, KPF, rezoning, NYC skyscrapers, SL Green

Demolition of the pre-war buildings at the site is expected to last until the second quarter of 2016, and excavation/ foundation work is slated to end by 2017. TD Bank is already lined up to occupy 200,000 square feet of space in the building and will also provide a flagship retail branch at the base.

Source: New Renderings & Video of One Vanderbilt, Midtown's Future Tallest Office Tower | 6sqft

Developers Swapping Penthouses For Top Floor Amenities - The Real Deal

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From left: Renderings of 626 First Avenue in Murray Hill (credit: JDS Development) and the One Thousand Museum in Miami (credit: One Thousand Museum)

A luxury Manhattan penthouse is one of the world’s great status symbols, but some developers are forgoing whole-floor units at the top of their buildings and instead creating shared amenities spaces for all residents.

JDS Development’s two-towered rental building at 626 First Avenue in Murray Hill will offer tenants access to a rooftop deck and an infinity pool, a fitness center and a spa on the top floor of its East tower.

The project, set to be completed in 2017, will be composed of two “dancing” towers – one 40 stories and the other 49 stores – leaning into one another, with a sky bridge connecting them. SHoP Architects is designing the project. Studio apartments there will start at around $2,800, the Wall Street Journal reported.

In July of last year, JDS secured a $390 million loan from Cornerstone Real Estate Advisors, a division of Massachusetts Mutual Life Insurance Co. JDS bought the property from Sheldon Solow for $172.1 million in 2013.

The Zaha Hadid-designed One Thousand Museum in Miami will also feature a “public penthouse space” with a sunbathing terrace, a bar, a private dining room, and a theatre, according to the developer Louis Birdman. [WSJ]Ariel Stulberg

- See more at: http://therealdeal.com/blog/2015/12/04/developers-swapping-penthouses-for-top-floor-amenities/#sthash.UCM4D5Ab.dpuf

Source: NYC Penthouse | 626 First Avenue | JDS Development

You Can Now Pay to ‘Park’ Your Pup - New York Post

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Eric Abis pictured with his pouch "Bernie" outside Fort Greene General Store at 218 Dekalb avenue using a "Dog Parker." Photo: Paul Martinka A Brooklyn woman is launching a pay-by-the-minute network of sidewalk dog kennels that allow owners to safely park their pooches while running errands. The kennels are locked by radio signals, monitored by Web cams and temperature controlled. ADVERTISING Chelsea Brownridge said she got the idea for the “dog parker” containers after she had to leave her pup, Winston, at home while she took a long summer walk to Prospect Park because the trip included a stop for breakfast with friends. Photo: Paul Martinka Photo: Paul Martinka Dog Parker outside Fort Greene General StorePhoto: Paul Martinka “I ran into this problem dozens of times,” said the 31-year-old former nonprofit worker, who doesn’t feel safe tying Winston up outdoors. “It was a bummer because it was a nice day and he wasn’t going to be able to go outside.” Two models are being tested on Dekalb Avenue in Fort Greene as part a private pilot program. They’ll be joined by eight more come mid-December, with a total of 100 available in the late spring. At that point, the kennel network will be run through an app that charges members 20 cents per minute or $12 for an hour. Membership is $25 per year, and users will be able to call dibs on a kennel 15 minutes ahead of time. Currently, locks are used to secure the white doghouses to a storefront. In the future, they will be bolted to the ground. The two Dekalb Avenue prototypes are already drawing interest. “You get a range of responses, from, ‘Wow, great,’ to, ‘Seriously?’ to, ‘Do they have one for kids?’ ” said Keith Goldberg, 50, who owns Baguetteaboutit, a coffee shop and bakery where one is parked. “We’ve had a couple of people use it in the past couple of weeks . . . I’m just happy to have another service I can offer my customers.” Brownridge said she has been working with City Hall’s new animal advocate to get proper permissions, but most stores own the three to five feet of sidewalk in front of their shops, so it’s largely their cooperation that she needs. The second prototype is outside Adrianna Spence’s Fort Greene General Store several blocks away. “Some businesses can’t allow you to bring in dogs, and some dogs you can’t really bring into stores,” said Spence, a dog owner. “So if it’s cold out or you have a dog that might get stolen, this is a better option than just tying them up outside.” Source: You can now pay to ‘park’ your pup | New York Post

Robert A.M. Stern To Design 'Opulent' Sony Building Condos - Curbed NY

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The long-awaited conversion of Philip Johnson's Sony Building at 550 Madison Avenue is finally making some progress. The project—called, somewhat blandly, 550 Madison—launched a teaser site last night, which has few details beyond some architectural information and the team behind it (which includes Chetrit Group, which bought the building for $1.1 billion in 2013), but we've got the scoop on plans for the iconic Midtown building—which includes an assist from Robert A.M. Stern. As previously reported, the conversion of Johnson's building will include pricey condos—but the current plan differs from what we previously knew about the building. Instead of 96 units, the residential portion of the building will have 113 condos designed by none other than Robert A.M. Stern Architects. They'll occupy floors 21 through 43 of the building. (A spokesperson has yet to confirm if the pricing and floorplans that were previously revealed for the building are still accurate, but we'll update with that info when we can.) There will also be a hotel portion, which will be operated by Oetker Collection, the hospitality group responsible for Hotel du Cap-Eden-Roc in France; the "New York masterpiece" (that's the tagline for the hotel, not the official name) will be a 170-key hotel will have 60 fancy suites, along with predictably over-the-top amenities like a 25-meter pool, a spa, and an upscale restaurant. Those amenities will also be available to the ultra-wealthy residents of the building's condos. And finally, there will be luxury retail on the ground floor. So there you have it: Midtown is getting another pricey hotel-condo hybrid, in the vein of buildings like One57 (which has a Park Hyatt hotel on its lower floors). Though construction has yet to begin on 550 Madison, it's expected to open in early 2018. Source: Robert A.M. Stern To Design 'Opulent' Sony Building Condos - Coming Attractions - Curbed NY

Behold, the Interiors of Extell's 80-Story Lower East Side Condo - Curbed NY

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Extell's Lower East Side tower dubbed One Manhattan Square, now on the rise alongside the base of the Manhattan Bridge, hasn't made many friends in the neighborhood. Maybe that's why the developer chose to launch sales of the $1-$3 million condos abroad before availing them to the states. Whatever the case may be, The Low Down got its hands on some of the overseas marketing materials which now bring a first, very comprehensive look inside the 850-foot building. In addition to first renderings of the 80-story tower's apartments, which will be designed by Meyer Davis, the materials also show off the building's surrounding gardens and the remainder of its 100,000 square feet of amenities, which are as over-the-top as they promised to be.

A full look at the pamphlet via The Low Down, this way.

Source: Behold, the Interiors of Extell's 80-Story Lower East Side Condo - Rendering Reveals - Curbed NY

NYC Tiny Apartments Are HERE! - Curbed NY

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Floor plans for the city's first micro-unit development, Carmel Place have been unveiled, Buzz Buzz Home reports, along with a series of new images of the interiors of the micro dwellings.

The floor plans of eight units have been listed so far and range in price from$2,650 per month for a 265 square foot studio to $3,150 per month for a 355 square foot studio. Residents will start moving in as early as February 2016.

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The development features a total of 55 apartments. Almost 40 percent of those are affordable. Eight apartments have been set aside for veterans. The project, located at 335 East 27th Street is being developed by Monadnock Developmentand has been designed by nArchitects. The building also comes equipped with a ton of cushy services.

 

Source: See the Tiny Floorplans For Carmel Place's Micro-Units - Microdwellings - Curbed NY

Most Expensive Condo Buildings In NYC - Curbed NY

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New York’s most expensive new condominium buildings get plenty of attention, but it’s nonetheless easy to forget just how expensive they, as a group, are (at least in the eyes of their developers). Just 12 buildings are projected to sell out for a total of $20 billion dollars, 44 percent of the total projected sellout of all 200 condo projects currently being built in Manhattan, according to a chart produced by CityRealty. (The analysis included planned and completed new condos where less than 50 percent of the units have closed, which is why One57 didn’t make the cut.) The heaviest hitters are also among the most famous: CIM Group and Macklowe Properties’ 432 Park Avenue, which projects a total sellout of $3.1 billion; Vornado Realty Trust’s 220 Central Park South, with a total projected sellout of $3 billion; and Hines’ 53 West 53rd Street, the MoMA Expansion Tower, with a total projected sellout of $2.2 billion. Though, buildings often fall short of the projected total sellout. It’s a good thing developers think they’ll hit such high revenues, because their costs are reportedly sky high as well. Earlier this month, The Real Deal reported that Vornado was spending $5,000 per foot to build the Robert A.M. Stern-designed 220 CPS. [CityRealty] – Ariel Stulberg Source: Most Expensive Condo Building NYC | Condo Development NYC

The d'Orsay Will Bring 21 Luxury Condos To West 14th Street - Curbed NY

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Developer Adellco has finally revealed its plans for the West 14th Street site it purchased for $27.65 million in April 2014. It should come as no surprise that the site between Seventh and Eighth avenues will give rise to condos, but what is surprising is that the developer has tapped notable French architect and interior designer Jacques Garcia, whose work includes the Nomad Hotel and the Decorative Arts Galleries at The Louvre, to design the building's interiors. The project will be Garcia's first multifamily residential building in the city. Goldstein Hill & West is designing the 11-story building, which will go by the name The d'Orsay. The d'Orsay will have 21 one- to four-bedroom residences starting from $1.675 million, as per the building's newly-launched teaser site. Building amenities will include a drawing room, gym, spa with a plunge pool, rooftop garden, full-time concierge, as well as bicycle storage and private storage rooms available for purchase. Although only one official render for the project is out there to-date (↑), a fencepost rendering of the building surfaced in September. It hints that some of the building's condos will also come with private outdoor space. Sales will launch in January 2016 with Mary Ellen Cashman of Stribling Marketing Associates. Closings are anticipated at the end of 2016. Construction at the site is ongoing. Source: The d'Orsay Will Bring 21 Luxury Condos To West 14th Street - Development Watch - Curbed NY

St. John's Terminal Redevelopment Gets First Renderings - Curbed NY

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The redevelopment of the St. John's Terminal site could bring over 1,500residential units, many of them affordable, to the West Village, and the first images of what that project could look like are finally out, The Villager reports. Local residents aren't too thrilled about the proposed development, which entails razing the existing 1 million-square-foot St. John's Terminal building and erecting a 1.7 million-square-foot multi-building project, despite the benefits the developers say it would offer the community. For the time being, the plan is conceptual; it still needs to pass through a uniform land use review procedure (ULURP) before getting the go-ahead.

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In a community meeting held this month, project architect COOKFOX presented designs for the Atlas Capital Group- and Westbrook Partners-developed project. The development's highlights include 500 units of affordable housing, of which 175 units are just for seniors. A little number crunching turns back that, at that rate, one-third of the projects apartments will be affordable, which is well above what's par for the course.

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Here's how the plan breaks down: The tallest residential building proposed for the site, at 430 feet tall, will be fully market rate and sit at the northern end of the development. The 175-unit senior housing building will also be in this area, as will 40,000 square feet of retail—the developers suggest bringing in a Trader Joe's. There's also an additional 105,000 square feet of basement space for a big box-type store, as per the developer's suggestions. The middle section of development will include a smaller residential building with almost equal market rate and affordable apartments spread throughout, and a small garden adjacent to this building would connect it to the another fully market-rate residential building. The southern portion of the development will hold a set of mews and a350-room hotel.

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The plan also includes publicly accessible park space. When St. John's Terminal was still in use, platforms connected it to the elevated railway track that now makes up the High Line. Under COOKFOX's plan, those platforms will be converted into mini elevated park space, much like the High Line.

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If the plan moves forward, the developers will pay $100 million to the city to purchase Pier 40's air rights for the redevelopment of the terminal. In turn, those funds can be pumped back into the crumbling pier, which is in urgent need of repair.

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Neighborhood residents are so up-in-arms because they believe the development does not address the burden it will add to the limited amount ofschools in the area, the fact that they need more medical facilities, and how the flood protection mechanism for this development might endanger the homes of other residents in the area.

"The tallest building in this plan is equal to the Trump Soho," Andrew Berman, the director of the Greenwich Village Society for Historic Preservation, told The Villager. "The overall project is equal to six Trump Sohos."

If the proposed development does not pass the ULURP process, the developers may move ahead with an as-of-right development, which wouldn't allow for the residential buildings the developer is looking to add.

At the community meeting, the developers assured that this will be the first of several discussions with the community in terms of designs and proposals before the project moves forward.

Source: St. John's Terminal Redevelopment Gets First Renderings - Hudson River Park Watch - Curbed NY

Mapping All 1.1 Billion NYC Taxi Trips Since 2009 - 6sqft

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Mapping All 1.1 Billion NYC Taxi Trips Since 2009

POSTED ON THU, NOVEMBER 19, 2015BY IN CITYLIVING, MAPS, TRANSPORTATION

That’s 183,333,333 trips a year; 15,277,777 a month; and roughly 510,000 a day. And it likely took software developer Todd W. Schneider a long time to put all of that data into this stunning map of taxi pickups and drop offs over the past six years. Green boro taxis are represented in their signature color and traditional yellow cabs in white, with brighter areas representing more taxi activity. As Gothamist first noted, “Yellow cab pickups are concentrated south of Central Park in Manhattan, while drop offs spread north and east into Brooklyn, Queens and the Bronx; drop off and pickup activity snakes like a glowworm from Manhattan to the airports: along the Van Wyck Expressway to JFK, and by 278 and 495 to La Guardia.”

Using the TLC’s public data, Schneider also created charts and maps that show taxi travel compared with uber rides; weekend destinations of bridge-and-tunnelers; a late-night taxi index; how weather affects taxi trips; weekday drop-offs at Goldman Sachs and Citigroup; airport traffic; cash versus credit card payments; and the dramatic increase in North Williamsburg taxi activity.

Williamsburg taxi map, Todd W. Schneider

Above is a GIF showing the transformation of North Williamsburg taxi activity from 2011 (when the green cabs were introduced) to 2014, the area with the largest increase in taxi pickups. 72 percent of these pickups occurred late night, and we can see some of the specific spots where this is most prevalent, such as the Wythe Hotel, Output nightclub, and Verboten nightclub.

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It’s also interesting to look at where those from neighboring locales go on the weekend. Though the first map above shows taxi pickups originating at Penn Station, most passengers are not going very far, ending up in the Meatpacking District, Chelsea, and Midtown. Not surprisingly, Murray Hill is the number one drop off spot, often known as the heart of the bridge and tunnel crowd.

Goldman Sachs taxi dropoffs, NYC taxi map

Citigroup taxi dropoffs, NYC taxi map

“We’ve already covered the hipsters of Williamsburg and the B&Ts of Murray Hill, why not see what the taxi data can tell us about investment bankers, yet another of New York’s distinctive subcultures?” asks Schneider. As his graphs show, Goldman Sachs employees’ average drop off time is 7:59 a.m.; Citigroup is 7:51 a.m. Those taking taxis to these offices mostly get picked up in the West Village, Chelsea/Flatiron/Union Square, and Soho/Tribeca (in that order).

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“I’m certainly not the first person to use the public taxi data to make maps, but I hadn’t previously seen a map that includes the entire dataset of pickups and drop offs since 2009 for both yellow and green taxis,” says Todd W. Schneider. To see the rest of his maps and charts, visit the project page HERE >>

[Via Gothamist]

Source: Mapping All 1.1 Billion NYC Taxi Trips Since 2009 | 6sqft