Beleaguered Stuy Town Complex Is Up for Grabs Again
[Scott Davies/flickr]
The massive Stuyvesant Town apartment complex, home to 30,000 people, is on its way back to the market. Five years after being left in a state of limbo when its owners defaulted, CWCapital Asset Management, which is currently in charge of the property, is looking to sell, Bloomberg Business reports. It could fetch up to $6 billion and Blackstone Group LP is among those looking to make a move.
East Village Building Taken Over by Hanksy Reborn As Condos
Name/Address: Altes House, 324 East 4th Street
Developer & Architect: Mortar Architecture and Development
Size: 11 condos
Prices: current availability from $749,000
Sales and Marketing: Halstead Property Development Marketing
Developer & Architect: Mortar Architecture and Development
Size: 11 condos
Prices: current availability from $749,000
Sales and Marketing: Halstead Property Development Marketing
The old tenement building at 324 East 4th Street made headlines in January 2014 after street artist Hanksy (illegally) took over the building with a band of artists to fill the abandoned space with graffiti. At the time, developer Anthony Morena had already put forth plans to convert the building into condos, and one would assume that this kind of trespassing would, uh, displease him. But it seemed to do the opposite: "There were things that were broken, there was this graffiti everywhere, but once you started to get into it, and look at it, you started to become amazed by each piece," Morena recently told the Times. After discovering the artwork, Morena had it professionally photographed, and buyers of the new condos will receive framed copies of the images "to preserve the building's legacy."
This $1,900/Month East Village Rental Has a Sink…Somewhere
So this, apparently, is the state of the East Village rental market these days: apartments renting for less than $2,000 need not come equipped with all the fixtures necessary to lead a normal, hygienic life. Earlier this week an East 9th Street apartment that had a very endearing kitchen shower, but a noticeably-absent toilet hit the market. Now, EV Grieve has spotted another pad where fixtures have been deemed optional. This little "one-bedroom" at 328 East 6th Street is asking $1,900/month and has a refrigerator and a stove, but no pictured sink (or counters, at that.) The listing does mention that there's a sink in the apartment's living area, but funnily enough (as EV Grieve points out) doesn't mention a toilet. Here we go again.
Condos at Converted East Village Synagogue Will Start at $3M
[The synagogue, pre-condos]
Things are moving along at Adas Yisroel Anshe Mezritch Synagogue, the house of worship at 415 East 6th Street that's being turned into luxury condos by East River Partners. EV Grieve reports that a teaser website for the development has launched, and it includes a rendering(well, an illustration) of what the building will look like once its conversion to luxury condos is complete. The website is lacking in information for now, but it does have a tagline for the building: "History Reimagined for Modern Living." EV Grieve also noticed a sign on scaffolding around the project that says the incoming condos will start at $2.95 million. Stribling is handling sales for the project.
Does This $2,000 East Village Rental Even Have a Bathroom?
Sure, kitchen showers aren't a particularly uncommon thing to find in New York City apartments, but when you're paying $2,000 per month in rent, wouldn't you expect there to be an actual bathroom? Apparently not in this real estate market: This East Village one-bedroom does indeed have a shower in the kitchen, located right next to the stove—that seems like a terrible idea—and it's asking $1,995 per month. And to be fair, the rest of the apartment is cute; there's a decorative fireplace, and it appears to get plenty of light. But without a floorplan or more photos (the listing is predictably bare-bones), we have a few questions, namely: Is that sink next to the kitchen meant to be used as a bathroom commode? And where exactly is the toilet, anyway?!
Big Reveal: $1.495M For an East Village One-Bedroom
This week's apartment was a bit of a tough nut to crack: While there were many guesses in the ballpark of its $1.495 million asking price, no one got the exact number correct. The closest ones came from OzMerry, who guessed $1.4 million ("if only it was on the other side of the building"), and Countess Luann, who was technically closer with a $1.5 million guess, but had the Price is Right problem of going over the actual ask. Many of you seemed put off by the small, windowless office space, but Captain Cranky put a positive spin on it: "I could make great use of that office space. Just think of it as a big closet if it bothers you."
Ben Shaoul's Newest East Village Condos Will Start at $1M+
Details about Ben Shaoul's newest East Village condo have been sparse, but the Real Deal got some sweet, sweet pricing intel from the building's broker, Million Dollar Listing New York star Ryan Serhant. It's safe to say that Shaoul's sledgehammering-weilding slumlord days are quickly fading into the past, as this will be yet another high-end building from the young developer. The 33 condos, located at 100 Avenue A near East 7th Street, will start around $1.3 million for one-bedrooms, with penthouses asking around $2.3 million. Issac & Stern Architects are designing the building, and it will include a rooftop terrace (probably with less partying that Shaoul's other new East Village building). Several units will have private outdoor space.
How Much For an East Village One-Bedroom With a Balcony?
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: One-bedroom in the East Village
Square footage: 873
Maintenance/CC: $715
Square footage: 873
Maintenance/CC: $715
The biggest selling point of this East Village condo is undoubtedly its private balcony, which adds an additional 200 square feet to the apartment and can be accessed via the master bedroom or the living room. (Bonus: It's covered!) But there are other nice details here, including a Viking range, an in-unit washer-dryer, and sleek hardwood floors. The unit is billed as a one-bedroom, but there's also a small office, as well as plenty of closet space (including a new walk-in closet). While the building isn't brand new, it was built in the last several years, and comes complete with a virtual doorman. How much do you think it's asking?
Ben Shaoul's New Box in the East Village is on the Rise
[All photos via EV Grieve]
Like Isaac Hayes in Escape from New York , Ben "the Sledgehammer" Shaoul has effectively taken over entire swathes of the Manhattan, ruling his domain with an iron fist and destroying those who dare get in his way. Now, his latest box is taking shape in the East Village at 98-100 Avenue A, with EV Grieve catching a few shots of the building rising above the plywood.
The six-story, 29-unit building is located between East 6th and East 7th Streets and—as you may be able to tell from Shaoul's track recordand the rendering (after the jump)—it will look absolutely terrible. It will also have retail space on the first floor. Shaoul purchased the property—which was once a pretty cool movie theater—in May of 2013 for $15.4 million, beginning the process of tearing it down later that year.
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Annabelle Selldorf's Bowery Tower On the Rise
[Screen shot via Google Maps]
Since we last checked in with the mixed-use development at 347 Bowery, occupying a lot that was formerly home to a Salvation Army residence, the scaffolding had just gone up. But much has changed since then: The old building has come down, and the structure that will replace it—a 13-story tower designed by starchitect Annabelle Selldorf—is now rising on the site, with one story above ground, per EV Grieve.
Union Square Loft With A Peculiar Shower Room Wants $5M
[All photos via Elliman.]
There are a lot of things to love about the 3,000-square-foot loft at 840 Broadway near Union Square that just hit the market for $4.95 million: the exposed brick, the huge and plentiful windows, the high ceilings, the hardwood floors, the candle chandelier. But there are also a lot of things that are difficult to understand. Why is the foyer a round room that kind of looks like a dungeon? Why is the master bedroom covered in a shimmery teal color? Why is there an elevated shower room? Is that a roll-down door? Why is the doorway circular? Aren't those marble steps a slippery, post-bathing hazard? And most importantly: why do we want this so much?
East Village Rooftop Cottage Engulfed In Flames
[Via a Curbed tipster.]
Around 3:40 this afternoon, an all-hands fire broke out atop an apartment building at East 13th Street and 3rd Avenue. Many will recognize this building as the home of the adorable rooftop cottage that reportedly just sold for $4.4 million. In photos, flames and black smoke appear to be coming from the middle of the rooftop along 13th Street. StreetEasy shows that there are three penthouses in the building, so it's possible that the fire originated in one of the other units and not the cottage that faces Third Avenue. At this point, it's unclear if anyone was hurt, but we will update as more information becomes available.
UPDATE: The fire was extinguished in under an hour. No injuries have been reported.
State Acts Against Landlord Accused of Harassing Tenants
The city and state are making good on their word to crack down on landlords who harass rent-stabilized tenants. East Village landlord Raphael Toledano's companies have been subpoenaed after claims that his agents have attempted to harass tenants into giving up their stabilized pads, the Daily News reports. The state is looking into claims that Toledano's agents have threatened tenants with eviction, shut off gas and other services, and threatened building tenants at 444 East 13 Street, many of whom NYDN claims are immigrants, with immigration raids.
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.
Mysterious & Lovely East Village Rooftop Cottage In Contract
A corner of the Internet exploded when a beloved and elusive rooftop cottage at East 13th Street and Third Avenue came onto the market in June. "I have dreamed of this place for absolute YEARS!," Curbed commenter Daily Dimmick wrote when the listing first appeared, availing the penthouse's lovely, brick-heavy interiors for the first time in who knows how long. And just like that, the listing has disappeared again. Just 19 days after the penthouse—more Montauk than East Village—appeared for $4.4 million, it went into contract. When reached for comment, Corcoran listing broker Tamir Shemesh couldn't give up what the three-bedroom pad is selling for, only that it's "going for a very good price" and that "both the seller and buyer are very happy." We'd be happy, too, if those were our new digs.
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