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Thursday, February 19, 2015

Curbed NY- Soho ( Including the $30 Million "Ginormous Unfinished Mansion")

Soho

CURBEDWIRE

Flagship MEET Space; Demolition Underway on East 59th

LOWER EAST SIDE—We're not entirely sure what the deal is with MEET, am "inspiring and creative venue made available for corporate meetings and events," but the photos of its new flagship Chrystie Street location are pretty cool. If you would like pay $250/hour to have a business meeting in front of some vaguely unsettling modern art, and possibly even be a part of a bizarre art exhibit (???), MEET is there for you. [CurbedWire Inbox]
MIDTOWN EAST—Demolition has commenced on the two small buildings that currently stand at 118 East 59th Street, making way for Hong Kong-based developer Euro Properties' 38-story, 29-apartment luxury condo tower, designed by architect Soo K. Chan. [CurbedWire Inbox; previously]
COMING ATTRACTIONS

In Soho, $30 Million Buys This Ginormous Unfinished Mansion

sullivan-street-townhouses.jpg
[Images courtesy of Madison Equities and Properties Market Group.]
Because the demand for flashy trophy properties in New York is undying, the developers behind 10 Sullivan have decided to offer a 50-foot-wide home in lieu of two of the townhouses developed alongside of the Cary Tamarkin-designed 10 Sullivan. Developers Robert Gladstone of Madison Equities and Kevin Maloney of Property Markets Group told the Daily News that the 13,000-square-foot home can be delivered as an empty shell, allowing buyers to meet their outrageously expensive personalized home dreams. The ask on such an esteemed property? At least $30 million. And remember, that figure doesn't include finishes. On the flip side, the finished 25-foot-wide townhouses on the site are going for $20.795 million.
A few more prospective views, this way>>
IT'S BACK

'Really Huge' Soho Building Finally Inches Closer to Reality

146150WoosterStreet_20150211_01.jpg
The latest in a storied really long line of homes for cars that are getting supplanted by homes for people is nearing approval. An existinggarage and parking lot on Wooster Street in Soho might very well be replaced by an eight-story building—seven stories plus a penthouse. Roger Bittenbender of the real estate investment firm Kub Capitalpresented the design to Community Board 2's Land Use Committee last night. Considering that local artists have protested the project—calling it "way out of scale"—the evening went almost as well as the developer could have hoped.
More renderings + details, right this way >>
ON THE MARKET

For $45M, Preside Over Soho From Your Own Private Pool

The "highest residence in all of Soho" has hit the market with a high asking price to boot. The four-story penthouse of Cary Tamarkin's triangle-shaped 10 Sullivan Street covers the building's 14th through 16th floors, as well as its rooftop, and has 8,359 square feet of interior space, six bedrooms, seven-and-a-half bathrooms, a private elevator, two wraparound balconies, a great room with 23-foot-high ceilings, a private rooftop, and not least, a private pool. And the pool is no crummy, compact lap pool; no, it's a full-on spa pool topped by a skylight and sided by a water feature wall. What else would do for a $45 million Soho penthouse?
More pictures + a floorplan >>
CELEBRITY REAL ESTATE

You Could Play Vanessa Carlton's Pianos for $17,500/Month

Early 2000s pop songstress Vanessa Carlton promised the world that she would walk 1,000 miles if she could just see you. Just to play a meaningless numbers game, it's been more than 1,000 hours since sheput her Noho two-bedroom on the rental market—5,664, or 236 days, to be precise. Apartment #5 in a six-unit building on Lafayette Streetprobably found a renter last time around, but it's available again as of September 1. (That kind of rent can be hard to keep up if you're not V.C.) So the musician has opted to perform a little RentChop on her lovely, exposed brick-filled apartment.
Last listed in June of 2014 for $17,950, it just returned to market for a smidge less: $17,500 . And yes, it comes fully furnished, which means any day (just an ordinary day) in the lucky renters' life can be spent tinkling the ivories on two different pianos in her honor. Optional: doing so while wearing her headdresses from Cameroon. City records show she paid $1.83 million for the place in 2004.
Take a closer look at the piano, and more >>
LOOK, UP ON THE ROOF!

'Ultimate Soho Penthouse' Plans Ultimate Renovation

2a.jpg[Renderings by raad studio]
The new owner of the "ultimate Soho penthouse" at 459 West Broadway wants to give the space the ultimate rooftop terrace—or at least he wants to renovate it. Developer/rich man Leonard Stern sold the 4BR/4.5BA duplex in October for $14.65 million (only $400,000 more than he bought it for in 2010), and now, thanks to Tuesday's action by the Landmarks Preservation Commission, the space will get amajor facelift.
A few more renderings + what's changing >>
ON THE RENTAL MARKETT

For $18,000/Month, You Can Sleep in a Nest in Soho

498 Broome Street owner Goose Mountain LLC faced push-back from the local community board when it tried to add a floor to the five-story building and convert it into six-units plus ground-floor retail space. Board members brought up the artist-in-residence zoning law as part of its opposition to the conversion, with one member saying, "We see it as a way of protecting affordable housing for artists in Soho." Now it appears that Goose Mountain has contented itself to just renovate the existing two units in the building and rent them out for the decidedly unaffordable prices of $18,000 and $14,500 per month. The $18,000/month unit comes furnished, including a nest-like sculptural bed, so there's that.
More photos, floorplans, this way >>
ON THE RENTAL MARKET

Rent the Loft Directly Below Where Ghost Filmed for $32,500

The spacious Soho apartment that one Curbed commenter called "the epitome of New York chic" is now available for lease. For $32,500 a month, live in a 4,500-square-foot loft at the corner of Prince and Greene streets with three bedrooms, 3.5 bathrooms, those quintessential columns, a pool table, and a sweet home theater whose walls are lined with soccer jerseys. (And, yes, the rental comesfurnished.) The most interesting thing about Apartment #2? It'sdirectly downstairs from where Patrick Swayze and Demi Moore filmed the supremely iconic pottery-wheel lurrrve scene in Ghost. The second most interesting thing is that after selling for $8.9 million in 2012, it then flipped out and returned to market the following year asking $13M. It sold in about four months, closing for more than ask and earning the title of the highest price ever paid for a non-penthouse apartment in Soho. Makes sense that it's renting for a lot of money now, right?
More photos + the floorplan, over here >>
HOLY PUCK

Another Puck Penthouse Reveals Interiors, Still Wants $35M

Although the highly-anticipated Puck Penthouse 2 has been on the market for over 100 days, it just got a slew of gorgeous listing picturesthat enable a first look inside the palatial 5,222-square-foot home. The three-bedroom, five-bathroom pad is as exquisite as its "Crown Jewel of Soho" neighbor, Penthouse 1, but is asking nearly half as much at$35 million. Of the six meticulously renovated penthouses, three have now been fully unveiled.
Take a look around >>
CH-CH-CH-CHANGES

Trump Soho May Turn Unsellable Condos Into Hotel Rooms

66593149.jpg[Photos via Trump Soho listings]
No one wants to buy the Trump Soho's condo-hotel units, so they may just be abandoned altogether. Bloomberg reports that CIM Group, which acquired the hotel in September through foreclosure (because of the unsellable condos), is "stepping away" from marketing the unsold units. The building's managing director said that they are considering turing the remaining into permanent hotel rooms. Currently, two-thirds of the 391 units have not found buyers. Sales started in 2007, and the tower, located at 246 Spring Street, opened in 2010. Under the condo-hotel rules, buyers are only allowed to use their units for 120 days per year, and they are rented as hotel rooms the rest of the time, with owners sharing the profits.
CIM Group may also renovate >>
OUT OF SEASON

Soho Penthouse With Private Pool Hits Market at Worst Time

Private pools are already a thing at the city's ritziest penthouses. Then there are the luxury developments where every single unit has a pool—or at least many of them do. Then there's the "the quintessential duplex penthouse loft" on Soho's Greene Street, which also has a private pool and came to market last week. First reported by the Daily News, the 5,200-square-foot two-bedroom is asking $10,800,000. And while looking at photos is all well and good, who is really going to buy a pool—heck, brave the elements to go look at one—when the Blizzard of 2015 is slamming the city? Timing can be a you-know-what.
Look at the photos anyway >>
CELEBRITY REAL ESTATE

Top Model Tyra Banks Is Selling This Downtown Pad for $3.8M

"I hold in my hands two photos of amazing apartments," we imagine Tyra Banks saying. "But tonight, one of you must leave me. Only one can go on in the hopes of becoming my New York apartment." And the sad pad to go is her two-bedroom, 2.5-bath Lafayette Street apartment, on the border between Nolita and Soho, which just hit the market asking $3,795,000First reported by the Daily News, Banks bought at 225 Lafayette, also known as the Spring condominium, almost a decade ago (behind an anonymous trust) for $2,102,686. Shejoins the ranks of celebrities who have lived there and left, including John Mayer. Dakota Fanning rents there. If a buyer offers at her asking price, Tyra just may be smizing all the way to the, err, bank.
More photos + the floorplan, over here >>
CONSTRUCTION WATCH

Boat-Shaped Condo Building's Prow Points Down Sixth Avenue

Now that its structure is fully taking shape, there's no doubt about it. Cary Tarmarkin's triangular condo building, wedged between Sixth Avenue and Sullivan Street between Watts and Broome, looks like a boat. Also likened to the Flatiron Building, its oddly shaped lot is well on its way to housing the tallest building in low-rise mecca Soho, clocking in at 16 stories with 19 units. Construction-watcher Field Condition stopped by to document 10 Sullivan Street's rise, and observed that workers have reached the 11th floor, with the concrete superstructure ready to hold the brick facade on its lower levels.
Never let go (+ more info) >>
HISTORY LESSONS

200-Year-Old Murder Well Lurks in Unassuming Soho Store

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In his latest adventure, Nick Carr of Scouting NY bravely enters the newly opened COS store at 129 Spring Street in Soho to check out a preserved well where a murdered lady was found in the 18th century.Racked has covered this before, but it's worth revisiting mainly because it's such an fascinating story: On December 22, 1799, a young woman named Gulielma Elmore Sands left her boarding home to elope with her secret lover, Levi Weeks. Eleven days later, she was found strangled to death at the bottom of the well. Weeks's subsequent trial became a media sensation, with Sands's family displaying her corpse outside of their home and distributing handbills claiming that Weeks had impregnated her. Weeks was controversially acquitted (his high-powered defense team included Alexander Hamilton and Aaron Burr) and fled the city, but the "Manhattan Murder Well" stayed. Forgotten for over a century, it was uncovered during a basement excavation in 1980, and remains in the building's current iteration, the clothing store, today.
· There's A 200-Year-Old Haunted Well In This Soho Clothing Store[Scouting NY]
· The COS Spring Street Store Is Totally Haunted [Racked]
· Oh Hell Yes: COS Opens Today at Noon! [Racked]
· Scouting NY coverage [Curbed]

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