Brandeis University has unloaded its Upper East Side alumni house at 12 East 77th Street to Tradeland and Investors Inc., a brokerage and management firm, for $32 million, only $1 million under its asking price. The five-story 1895 house, which was once owned by a great-grandson of Cornelius Vanderbilt, was put on the market back in October and is reportedly ripe for conversion back into a single-family mansion.
Penthouse of Rare Mid-Century Fifth Ave. Building Asks $15.5M
Just north of the Metropolitan Museum of Art, the sleek, dark glass facade of 1045 Fifth Avenue stands out amid the brick prewars, laden with ornamentation. Developer Manny Duell put up the mid-century modern building, designed by Horace Ginsbern, in 1967, keeping the customized penthouse for himself. Later, he gifted it to his wife, Irene. She passed away last year at the age of 92. So for the first time in four decades, the 10-room spread is on the market. It spans the top three stories; "each floor of this magnificent apartment boasts 40 feet of floor-to-ceiling windows with a terrace of glass directly overlooking Central Park." The Times calls it a "glamorous 1960s time capsule with a dash of Hollywood in its décor."
Folk singer Art Garfunkel's Upper East Side apartment didn't catch fire after all; a burst water pipe caused a smoke condition at Garfunkel's 15th-floor apartment at 9 East 79th Street at Fifth Avenue. According to Garfunkel's spokesman, responding firefighters had to break down a wall in the icon's office, "damaging just 75 books in his 1,216 neatly curated literary collection." Oh, phew. Crisis (kind of) averted. [NYDN]
Behold, 13 of the Tiniest NYC Studios for Sale Right Now
Looking at the smallest apartments on the market is always a fun, if perhaps masochistic, activity, so we're doing it again for Micro Week. Here are 13 of the tiniest studio apartments that we could find listed for sale on Streeteasy. Since many of the brokers who created these listings smartly declined to include the square footage, we present them in rough order of how much they frighten us. First up, a studio on West 72nd Street that appears to weigh in at under 250 square feet and makes use of the old mirror-wall-to-make-the-place-seem-bigger trick, to minimal effect. It wants $325,000.
DDG's Third Avenue Luxury Condo Tower Will Look Like This
NY YIMBY has procured some renderings of developer DDG's 31-story residential tower that's headed to 1558 Third Avenue, which reveal a stone facade with enormous arched windows at a couple intervals. Plans call for 151,458 square feet of space divided between only 44 units, for an average of just under 3,500 square feet per unit, indicating that they're going to be condos. The developer bought the site in 2013 for $70 million. The project will join a bunch of other residential towers that are sprouting all over the Upper East Side as the Second Avenue Subway nears completion.
Weekend Open House Tour: Upper East Side
This weekend on the Open House Tour, we're checking out the Upper East Side. Lots of different listings this week, including some relatively affordable apartments scattered all over the neighborhood. There's a convertible two-bedroom on East 71st asking $919,000, a one-bedroom on East 87th asking $1 million, a three-bedroom on East 72nd asking $3.45 million (above), and more.
Rockefeller University has filed permits for its long-awaited expansion, which would sit on a four-blog-long canopy over the FDR Drive in the East 60s. Starchitect Rafael Vinoly will design the school's new 260,000-square-foot building containing labs, offices, conference rooms, a research pavilion, amphitheater, and cafeteria over three stories. In exchange, cranky neighbors are getting an $8M upgrade to the waterfront esplanade. [TRD; previously]
$34M Buys Most of This Historic Beaux-Arts Townhouse
An Upper East Side co-op that can be readily converted into a single-family home this is not: the Carrere & Hastings-designed building at 35 East 68th Street between Park and Madison avenues may be on the market for $34 million, but that ask buys only seven of the eight co-ops the landmarked limestone townhouse is currently configured into. Alas, there is a holdout tenant. The opulent Beaux-Arts building was constructed by the Frick Mansion and NYPL architects in 1901 as a 13,000-plus-square-foot private residence for Harvard-trained physician Dr. Edward Kellogg and grain fortune heiress Mary Dows. In the past, individual co-ops in the building have been listed between $995,000 and $8.4 million.
Meet NYC's Most Expensive One-Bed Rental, Asking $300K
Though the one-bedroom rental in The Pierre that was listed for $120,000/month earlier this week was certainly eye-popping, as the Post's Jennifer Gould Keil points out, there's another one-bedroom rental not far away asking more than twice that. One of the 1,200-square-foot penthouses in The Surrey hotel is asking $300,000/month, and has been since October. Surprisingly, it has flown somewhat below the radar until now, as has the most expensive rental listing in the building, a two-bedroom suite going for $450,000/month. Both come with private outdoor space access to the full slate of Surrey amenities, including a spa, gym, and pet grooming.
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Inside the Sales Office of Robert A.M. Stern's 20 East End Ave.
The idea behind 20 East End Avenue, the Corigin-developed, Robert A.M. Stern-designed condo building rising next to the East River, is to provide residents (who will be paying $4.5 million and up) with the same type of experience that one would get from owning a classic Emery Roth or Rosario Candela co-op. Since an entirely faithful homage to those types of buildings would have necessitated truly enormous 7,000- and 8,000-square-foot apartments, though, in order to maximize the number of units while maintaining the same sense of luxury and decadence, Corigin and Stern went all out with the shared amenity spaces, which they view as extensions of the apartments themselves. (This is your gym, your wine cellar, poker room, etc.—you just happen to share it with your seventy or so other superrich roommates.) The amenities are, to be fair, pretty amazing (including a motor court with the city's first newly constructed porte-cochère since the 1930s). The apartments, with every detail custom designed by Stern, are nothing to sneeze at either. The building's sales office includes a partially built out model of a four-bedroom unit (minus two of the bedrooms), which we recently got a tour of and now bring to you.
Rent a Soap Opera Star's Upper East Side Home From the 1840s
One Life To Live's erstwhile villainess Robin Strasser is planning a moveto Los Angeles—e tu, Robin?—so the brick Federal-style townhouseshe has inhabited at various points since the 1970s is now up for rent. Spread over three stories and 3,000 square feet, the four-bedroom, 3.5-bath home on East 82nd Street between Third and Lexington avenues has, as per the brokerbabble, "a formal library, spacious great room with 2 dining areas over-looking the south facing private garden, and a country cute eat-in kitchen with stainless steel appliances." The quaint vibe is rather pervasive, especially given the exposed wooden beams in the bedrooms and the multiple brick fireplaces. Makes sense, given that it was built in the 1840s. It's asking $20,000/month.
'Dramatic' $7.5 Million Upper East Side Duplex Is 'A Jewel'
This duplex apartment on East 66th Street may actually live up to its over-the-top brokerbabble. The "magnificent renovated duplex" is located in a 1906 Charles Platt-designed building, and features, as its "dramatic center," a double-height living room with a wall of original floor-to-ceiling windows. Along with the library, the room makes for a "glorious entertainment space:"
The adjacent corner library is warmed by east and south sunlight and a wood-burning fireplace. Oak pocket doors open from the library into a large formal paneled dining room. These three rooms form a glorious entertainment space, accessible to the chef's windowed kitchen which is complete with solid oak & copper cabinetry, limestone floors, bar and pantry. A powder room is off the entry foyer. Also on the main living level is a sun-filled private bedroom wing with its own entrance.The asking price for this "jewel" is $7.5 million.
Vinoly-Designed Townhouse Won't Look Like a Mini Seagram
Rafael Viñoly Architects of 432 Park Avenue fame have, as the entire city's eyes turned upwards, been quietly working on another New York City residential project; a townhouse on East 64th Street between Lexington and Third avenues. The building at 162 East 64th Street was originally slated to echo the Seagram Building—in aesthetics, if not intent—but a new rendering for the mixed-use office and residential building shows that the team's opted instead for a sleek glass facade(h/t ">Twitter tipster). The neighbors' opposition towards the project's former look probably had nothing to do with the switcheroo.
New One-Bedroom Rental in The Pierre Asks $120,000/Month
As rents continue to rise throughout the city, The Pierre is here to remind us all: hey, at least you're not paying $120,000 per month for 1,100 square feet of space. That's how much the newest one-bedroom, one-bathroom rental is asking at the hotel/co-op building, making it neither the building's most expensive rental nor it's priciest per square foot. The corner unit features Central Park views, a decorative fireplace, and "luxurious bespoke fabrics." If one were to rent it for a year, it would cost $1.44 million, which could also buy a one-bedroom apartment pretty much anywhere.
Then again, most rentals don't come with butler service or access to a chauffeur-driven Jaguar, so there's that.
Once A Pricey Rental, Upper East Side House Returns for $21M
After spending two years as a (very expensive) rental occupied by the Argentine mission to the UN, a massive, five-story townhouse on the Upper East Side has just hit the market. It's asking price? An impressive $21 million.
The 23'-wide, brick and brownstone at 26 East 80th Street townhouse was built in 1888 by architect Charles Graham, who designed four brownstones on the block. Lots of original details have been maintained, including a restored facade and stoop, old-growth oak parquet floors, pocket doors, moldings and wainscoting, bay windows, and seven wood-burning fireplaces. The place has also been renovated with lots of modern amenities, including a gym and wine cellar. There's also a lush, planted rooftop garden and an elevator set to be installed in June 2015.
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