Judge Rules Against Stahl In UES Landmarks Hardship Case
Two Upper East Side residential buildings are staying right where they are, thanks to a ruling by a New York State Supreme Court judge. Judge Michael Stallman ruled against Stahl Real Estate, which had sued the Landmarks Preservation Commission over the being denied an application to demolish 429 East 64th Street and 430 East 65th Street under the hardship clause, Commercial Observer reported.
J. Crew CEO's Designer Tribeca Apartment Is Back For $25M
J. Crew CEO Mickey Drexler first listed his apartment, with interiors by celebrated designer Thierry Despont, back in early 2015 for $35 million. And there it sat for only a few months before being de-listed in July, after a price chop that took it to $29 million. Now, the apartment is back on the market with new listings photos (which show off Despont's quirky-but-swanky design) and an even bigger price chop: it's asking "just" $25 million. The 6,226-square-foot apartment has five bedrooms, more than five bathrooms, and plenty of over-the-top features, including three walk-in closets, 11-foot ceilings, and a custom "billiards area," if that's your thing. "This is, quite simply, the kind of loft that everyone imagines and desires, yet never finds," so sayeth the brokerbabble—all you need is $25 million.
See Inside the Ritzy Noho Pad Eyed By Gigi Hadid & Zayn Malik
Following the New York City house hunting habits of celebrities is a favorite activity of some real estate aficionados, and rarely does a high-profile celebrity scope out a high-profile development without at least a few people taking notice. So gossip blogs were ablaze when word broke in the Post last week that It Girl model Gigi Hadid and former One Direction crooner Zayn Malik scoped out a $6.495 million condopat Annabelle Selldorf's terracotta stunner, 10 Bond. Selldorf's building is one that Curbed's been following since its beginning, and we were recently invited to scope out the very same unit Hadid and Malik eyed—the only unit left unsold in the organic addition to Bond Street. Curious? Take a look.
Avenue D Storefronts To Be Demolished For 12-Story Building
[79-89 Avenue D. Via Google Maps.]
Something big and new is headed to Alphabet City, but first what's there must go away. Demolition plans have been filed for the single-story storefronts at 79-89 Avenue D, DNAinfo reported. Demolition will pave the way for construction of a new 12-story building, developed by L+M Development Partners. The mixed-use development will have 88,671 square feet of residential space for 110 units, plus 7,693 square feet of commercial space for ground-floor retail.
At NYC's First Pot Dispensary, Transparency Informs a Modern Design
[The main dispensary at Columbia Care. All photos via RPG]
What does it take to design a medical marijuana dispensary? Transparency, as it turns out. The design firm RPG, which specializes in conceptualizing retail stores (their clients include Burberry, Belvedere Vodka, and Birchbox), worked with Columbia Care, the group behind NYC's first pot dispensary, to take on the challenge. "This was a great, new experience for us," says Bruce Teitelbaum, the CEO of RPG. "We're really happy that we got to partner with a company that is groundbreaking and game changing in the field of natural therapy, and a company that is bettering people's lives."
Queens Sculpture Park Could Become Official Parkland
[Charlotte Hyzy's carved wood sculptures, "Dessert Babes." Photo courtesy Socrates Sculpture Park.]
Socrates Sculpture Park in Queens is on its way to being preserved as open space. The Parks Department has made the first moves towards officially mapping the park, located between 31st Drive and Broadway in Astoria, DNAinfo reported.
Big Reveal: $950,000 For a Park Slope Co-Op With Backyard
There were plenty of close guesses for this week's apartment, a Park Slope two-bedroom co-op that's asking $950,000, but no one hit the exact number. But commenters were mixed on the apartment itself, which won points for its backyard (though stache pointed out that it isn't exactly manicured—our bad) and lost them for the small size and lack of closet space. But as El Pacucho noted, "A lot depends on school zoning; I'd imagine most buyers are trying to get a foot in the door at 321." And indeed, this apartment, which is located on 3rd Street between Fifth and Sixth Avenues, falls into P.S. 321's coveted school district, though just barely.
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L Train Service May Get Even Worse Thanks To Sandy Repairs
[The L train at First Avenue. Photo by Joel Raskin/Flickr.]
Things are bad on the L train, certainly if you judge by the apparent frequency of headlines about the woes experienced by its riders. Now, things might get a lot worse before they can get better, though they'll eventually get even better than they are now, if Sen. Charles Schumer has his way.
How West Broadway Became One of NYC's Most Important Streets
James Nevius is the author of three books about New York City, the most recent of which is Footprints in New York: Tracing the Lives of Four Centuries of New Yorkers.
A detail from the 1754 Maerschalk map of New York City. Image courtesy of the Library of Congress.
Lower Manhattan is filled with odd streets, from the obscure intersection of Jay and Staple (where you can own your own skybridge!), to Mill Lane and Edgar Street, which duke it out to be the city's shortest thoroughfare. But none are quirkier than West Broadway. The name alone has perplexed New Yorkers for generations. Is it really called that because it happens to be west of Broadway? (Yes.) Leading to the confusion is the fact that over the years the street has gone by so many monikers—Chapel Street, College Place, Laurens Street, South Fifth Avenue, LaGuardia Place—that it can be difficult to sort through what happened when. These days, New Yorkers have a tendency to take West Broadway for granted, but this short thoroughfare linking the World Trade Center to Washington Square provides a compact narrative of the development of the city, beginning with its life as a country lane and ending with today's multi-million dollar condo conversions in Soho and Tribeca.
Blame 'Brooklyn Spillover' For Rising Prices in Queens
The latest round of market reports are out, showing that 2015 wrapped with high but cooling rental prices, but rising prices in both Brooklyn and Queens. The Elliman rental reports share some good news: after a year of rising rents in Manhattan, Brooklyn and Queens, price hikes slowed down—at least a little. Manhattan's median of $3,350 is down 0.3 percent from the previous month, but up 3.1 percent from one year ago, while Brooklyn's December median of $2,899 is unchanged from last year. Queens rents showed the biggest drop, with a median of $2,551, which was 10 percent lower than last year. Queens sales, however, set record after record, while Brooklyn prices hit the second highest numbers in history—the highest numbers were set in the prior quarter.
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