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Saturday, August 29, 2015

Curbed NY- Upper East Side

Upper East Side

BUILDING NEWS YOU CAN USE

Upper East Side Tower Reveals Its Artsy Side, Preps for Sales

180 East 88th Street.jpg[DDG via NYIMBY]
Now that the 521-foot-tower at 180 East 88th Street has gotten the green light, construction is underway—and so are the building's branding efforts. The 48 condos in DDG's Upper East Side project haven't gone on the market yet, but that hasn't stopped the company from launching a website that holds clues to what residents may see once the building is complete.
More photos of the website and building >>
SOLD STUFF

United Arab Emirates Drops $20M on Another NYC Townhouse

1-01389-0026.VLWnoEnf.jpg[37 East 74th Street in September 2014, via PropertyShark. No. 39 is the red brick townhouse to the right.]
It appears that the Permanent Mission of the United Arab Emirates to the United Nations has big plans on the Upper East Side. After paying $27.25 million for the "triple mint" townhouse at 39 East 74th Street last year, the UAE has now paid more than $20 million for the adjacent townhouse at 37 East 74th Street. Property records filed yesterday indicate that the UAE bought out the five owners who occupied the building's seven units. There were no listings for any of the apartments, or the whole building, so it seems that the missionapproached the owners about a buyout after it purchased no. 39. Perhaps they are planning to combine the houses into one giant megamansion, or perhaps they will leave them separate to use as housing for staff and ambassadors—we reached out to the mission, as well as the owner who sold three of the apartments, in hopes of learning more. 
See inside + find out how much each unit sold for >>
CELEBRITY REAL ESTATE

Gilded UES Penthouse Once Owned by Joan Rivers Will Be Gutted

As previously reported, the late Joan Rivers' opulent Upper East Side penthouse recently sold for its full $28 million asking price, though few details were revealed about the new owners at the time. But today, the Post reports that the buyer is 65-year-old Prince Muhammad bin Fahd of Saudi Arabia. And he's already planning big changes for the Versailles-inspired pad, which Rivers once described as "Louis XIV meets Fred and Ginger."
According to the Post's sources, bin Fahd brought in an architect and a designer soon after the deal closed to begin the process of making renovations to the palatial, 5,100-square-foot penthouse. But the building's other residents, who are said to be "on edge" about the planned changes, may not be his biggest problem: Rivers' apartment is allegedly haunted by a ghost named Mrs. Spencer, who was a former tenant of the space. The late comedian even appeared on an episode of Celebrity Ghost Stories in 2009, relaying her experiences with Mrs. Spencer, including the time she brought in a voodoo priestess to get the ghost to leave. 
More photos + the floorplan >>
LESS PARKING

More Looks at Garage-Replacing Upper East Side Condos

Plans have been approved for the newest condo addition to the Upper East Side. A six-story parking garage at 152 East 87th Street will be transformed into a 19-story, 56-unit building designed by Ismael Leyva Architects with parking for 150 cars. New York YIMBY shared a few new renderings of the project, giving a closer look at the structure, which will have a few stepped setbacks topped by terraces.
Filings with the Department of Buildings indicate that the building will be divided into west and east towers, each of which will be topped with a full-floor penthouse. There will be multiple duplexes in each tower, and apartments will average 2,150 square feet. Gordon Haskett & Co. is the developer.
A few more looks >>
FLIPPING OUT

Russian Princess Lists Cream-Colored Park Ave. Pad For $11M

Kristina Kovalenko, the Russian princess from the republic Kabardino-Balkar who, according to a New York Post article from 2010, "spent $6,500 on one lunch ... and thinks nothing of dropping $300 on a cocktail or blowing $8,000 for a night out," is still around. After divesting herself of her $7.1 million Lincoln Square condo last year, Kovalenko, who goes by the pseudonym Kristy Kingston when public documents are involved, apparently bought a three-bedroom, five-bathroom condo in 737 Park Avenue for $9.2 million. That apartment has now found its way back onto the market, just over a year later, asking $10,999,000. It is very cream colored, down the grand piano in the living room.
Lots more pictures, and a pretty huge floorplan >>
OPEN HOUSE WEEKEND WARRIORS

Weekend Open House Tour: Upper East Side

189452100.jpg
This weekend on the Open House Tour, we're checking out what's new to the market on the Upper East Side. Listings include a two-bedroom on East 72nd that's asking $2 million, a one-bedroom on East 66th asking $795,000, a two-bed on East 69th asking $2.325 million (above), and more. 
Map this way >>
CURBED COMPARISONS

What $4,100/Month Can Rent You in New York City

Welcome to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various NYC neighborhoods. Is one man's studio another man's townhouse? Let's find out! Today's price: $4,100/month.
↑ In the East Village, a floor-through one-bedroom is renting for $4,100/month. It appears to come with two people acting out a play or something, as well as a huge moose head. There's also a private backyard and the bathroom looks pretty big.
See how other neighborhoods stack up >>
CONSTRUCTION WATCH

Related's Huge Upper East Side Tower Reaches Full Height

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[Photos via Field Condition]
Field Condition took some pictures of 205 East 92nd Street, the large Handel Architects-designed condo/rental tower that Related is developing. The building has continued its rapid progress since construction started at the beginning of 2015, and has now topped out at 36 stories. Field Condition reports that brick installation is past the 30th floor and window installation is at the 22nd floor. When completed in 2016, the tower will contain 230 apartments, 33,000-square-feet of retail, and a 46,000-square-foot school for children with learning disabilities.
More pictures, this way >>
PRICESPOTTER

Big Reveal: $475K For a Prim & Proper Upper East Side Studio

225e73.jpg
This lovely little studio on East 73rd Street has everything going for it: it's in a prewar building designed by revered Art Deco architect Emory Roth, it's situated right between Second and Third avenues (hey, the Second Avenue Subway will actually run one day), it has great custom millwork and sought-after details like a wood-burning fireplace and a dressing room, and it's asking just $475,000. Guesses this week skewed high ("$625,000"), with a few guesses coming rather close ("I'll say $500 minus $10K for each block east of Lex"), with two guesses coming in spot on (h/t redcat and melp.) 
Take one last look at the floorplan >>
PRICESPOTTER

How Much For a Prim & Proper Studio on the Upper East Side?

PriceSpotter is Curbed's asking price guessing game. We provide you with some details and pictures from a listing, and you take a crack at the price in the comments. Tomorrow we reveal the answer. And hey, no cheating!
What/Where: Studio on the Upper East Side
Square footage: "500"
Maintenance/CC: $1,067
As far as Upper East Side studios go, this one is pretty sweet with its millwork-camouflaged Murphy bed, wood burning fireplace, beamed ceilings, and decent amount of closet space. The studio is set on the backside of the building and overlooks the gardens of surrounding townhouses. While the apartment itself is not in a townhouse, it is in a prewar building designed by one of the most revered architects of the time. How much do you think it's asking?
Take a look around + at its floorplan >>
SOLD STUFF

Upper East Side Blast Site Finally Sells For Just $11.9 Million

1-01376-0048.WVrsT5fl.jpg
[Image via PropertyShark.]
Russian developer and interior designer Janna Bullock has finally unloaded an empty Upper East Side lot at 34 East 62nd Street, albeit for a fraction of its original $40 million askThe Real Deal reports that the buyers are Woodbine Company, who paid $11.9 million for the property. Bullock was marketing the property between Madison and Park avenues as a development site, after a gas explosion leveled its townhouse, taking owner Nicholas Bartha's life, in 2006. It's speculated that Bartha caused the explosion in order to avoid forking the property over as part of a divorce settlement.
The $40M ask wasn't just for the property >>
DEVELOPMENT WATCH

Extell to Drop $100M on Upper East Side Development Site

Screen Shot 2015-08-18 at 4.29.03 PM.png
Unstoppable condo-developing behemoth Extell Development is reportedly to buy a development site at 350 East 86th Street for $100 millionaccording to Crain's. Spending $100 million on a development site is something that Extell does with alarmingly regularity. The new Upper East Side site currently houses a one-story Gristedes supermarket and can be combined with adjacent properties that Extell apparently already owns to create enough air rights for a 210-foot-tall, 200-plus-unit condo tower. The potential tower could total around 230,000 square feet, though there's always the chance that Extell will buy up the four remaining adjacent parcels and develop the entire block into a 300,000-plus-square-foot building.
A close-up angle of the site >>
TENANT BEEFS

Sutton Place Supertall Has a New Problem: a Holdout Tenant

tower7n-1-web.jpgSutton Place residents are giving Bauhouse Group a run for their money, literally, when it comes to the 900-foot-tall tower the developer wants to erect on East 58th Street. According to the Times, Bauhouse is coming up against a few stubborn tenants in the process of buyouts as they seek to purchase more lotssurrounding the site of their planned tower. Although Bauhouse has acquired all of the development rights and property required to erect the building, the developer is now trying to snatch up surrounding buildings to create a bigger base for the structure—and maybe even build taller. But it all isn't going so well. An 81-year-old tenant in one of those buildings along 58th Street between First Avenue and Sutton Place has refused all of Bauhouse's offers, which include an apartment elsewhere in the neighborhood rent free for the rest of his life, moving expenses, and $1 million (although tenant Herndon Werth denies this.) "I told them," Werth recaps to the Times"I ain't going nowhere."
Meanwhile, as Werth stubbornly refuses to uproot from his home of over 40 years, area locals are arranging against the tower. Residents of 16 co-op and condo buildings in the area have formed an alliance to try to stop the development, and are inquiring about rezoning the area before Bauhouse gets construction permits. "This is about preserving our residential neighborhoods and the light and air for the people who live there," Councilman Ben Kallos told the Times, "The community is finally fighting back against superscrapers."
There seems to be one thing that could thwart the project >>
THE SIX DIGIT CLUB

Tiny Yorkville Studio With Private Roof Deck Asks $425K

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.
The duplex studio on East 87th Street looks like it was renovated recently, which makes sense because it last sold for $225,000 in 2013 and is now asking almost double that$425,000. The murphy bed is definitely new, according to the listing, and everything else looks pretty bright and shiny as well. Though definitely not large, the place is pretty charming, and, most importantly, it comes with a private roof deck (which is actually bigger than the apartment itself).
More pictures, this way >>
SOLD STUFF

Relatives Buy Top 6 Floors of UES Condo Building for $59M

An unidentified buyer and his unidentified relative have purchased the five condominium units that make up the top five floors of Upper East Side building The Charles, with the intention of creating two enormous penthouses. One buyer paid $37.94 million for the 29th, 30th, 31st, and 32nd floors, while the other paid $20.695 million for the 27th and 28th. "The penthouse was supposed to be the top two floors," the CEO of developer Bluerock Real Estate told the Journal, "but the buyers said that's not enough space." The buyers sound very chill. The five units represent 18.5 percent of the overall units in the building.
More renderings, this way >>

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