Ridiculously Charming 'Eat, Pray, Love' House Finds a Buyer
There's no doubt about it: New York City's carriage houses are absurdly quaint and attractive. This Cobble Hill specimen is no exception, plus it's got star power—it's where Julia Roberts filmed part of Eat, Pray, Love. Touted as "rare and mythical" (yes, like a unicorn) when it first hit the market asking $8 million, the beautifully beamed, skylight-heavy, exposed brick-filled two-unit house later got a visit from the PriceChopper. But now, as per the Observer, the sellers, and architect and artist, have finally found a buyer for $6.25 million. The new owners, shielded behind an anonymous LLC, can convert it into a single-family, but either way they'll have sole possession of the lush greenhouse and other lovely outdoor spaces.
First Look: Brazilian Architect Isay Weinfeld's High Line Condos
Developers Centaur Properties and Greyscale Development Group(which, apropos of nothing, shares a name with the horrific diseasethat is currently a major plot point in Game of Thrones) have secured $115 million in financing for Brazilian architect Isay Weinfeld's two-building High Line-adjacent condo project, the Jardim, The Real Deal reports. A new rendering shows two 11-story building with a total of 36 units, plus 12,000 square feet of retail and 39 parking spots. The project is expected to be complete by fall of 2016.
Ukrainian Billionaire Says He Might Not Sell UES Versailles
Alexander Rovt, the real estatel-loving Ukrainian billionaire who made his fortunes on fertilizer, chatted with the Real Deal, filling them in on a few of his new investments, including the possible Ace Hotel in Downtown Brooklyn, but that's not what is interesting. Rovt also shared his thoughts on his wildly opulent Upper East Side Versailles-inspired mansion at 232 East 63rd Street. Apparently, he's "being patient" while waiting for a buyer. He fist listed it in 2011 for $27 million. "Maybe I will sell it, but it's so well made," he told the Real Deal. "I didn't build it for sale, I built it for myself." He did indeed, but even though he spent $18 million on a renovation, he has never lived here. It's currently on the market for $21.5 million, and evidently, the Rolls Royce is still part of the deal.
Gramercy Co-op That Looks Like a Medieval Castle Is Back
Despite being a much prettier version of the bizarre medieval-esque apartment that the cofounder of Ricky's assembled on the Upper West Side, this two-bedroom co-op on Gramercy Park North has had no success over the past year and change in trying to find a buyer. Listed last April for $7 million, it was chopped down to $6.5 million by the end of the year and now finds itself listed again, for $6.35 million. The current owners, who are responsible for the whole Red Keep vibe, have even written the listing to try and entice buyers themselves.
Could Queens' Tallest Building Go From Offices to Apartments?
The Citigroup building is the tallest building in Queens, which means it can be seen from oh, just about everywhere. Reports surfaced earlier this month that is it quietly on the market for any buyer with about $500 million to burn, and now the Daily News has the latest: the upper floors "could go from offices to condos or rentals under new ownership." The intel comes from "sources briefed on the proposal," so it could probably go either way. But commercial-to-residential conversions are all the rage, so it's a distinct possibility. But Citi's lease doesn't expire until 2020, so it's a distinct possibility for five-plus years from now.
Big Reveal: $1 Million for a Garden Duplex in Bed-Stuy
The two-bedroom duplex featured in this week's pricespotter was not well-liked by anyone who commented. The neighborhood, Bed-Stuy, drew some complaints, but most people couldn't get over the fact that the garden duplex looks like it has very few windows. The asking price is an even $1 million, and commenter PrattFurnitureLegacy came the closest, guessing $995,000 and accurately describing the condo as "a dark cave with nice outdoor space." The highest guess came in at $1.525 million, and that commenter said, "I'm probably low." It's located at 420 Franklin Avenue between Madison and Monroe streets.
Boaz Gilad's Latest Brings 8 Six-Digit Club Condos to Bushwick
Address: 1094 Madison Street
Developer: Brookland Capital/Boaz Gilad
Architect: L&C Associates, LLC
Size: four stories, eight condos
Prices: $425,000 - $625,000
Sales & Marketing: aptsandlofts.com
Developer: Brookland Capital/Boaz Gilad
Architect: L&C Associates, LLC
Size: four stories, eight condos
Prices: $425,000 - $625,000
Sales & Marketing: aptsandlofts.com
Of course Boaz Gilad, who reigns supreme as the foremost condofier of 21st century Brooklyn, is behind the eight-apartment development at 1094 Madison Street that just came to market. True to Gilad fashion, the sales launch provides the first look inside the four-story building between Evergreen and Central avenues in Bushwick. The development solely consists of one-bedrooms—some are duplexes—that are all asking pretty six-digit asks starting at $425,000. Three apartments in the building are currently up for grabs.
Here's Proof That China Loves New York City Real Estate
Chinese investment in New York City real estate has been the subject of many a trend story over the last few years. It's also been quantified, as per the Journal in December 2014: "In all, Chinese investors have spent more than $5 billion on New York City properties since early 2013, according to data firm Real Capital Analytics, up from less than $300 million in 2012." And these backers aren't just sinking all that money into piddling properties—no, they want big names. The Waldorf Astoria. One Chase Manhattan Plaza (soon to lose that name). The General Motors building. So now, it's time to proffer concrete visual evidence of the Chinese-backed real estate spree.
—Zoe Rosenberg and Hana R. Alberts
—Zoe Rosenberg and Hana R. Alberts
City Says Historic Seaport Buildings in Danger of Collapsing
The fight that preservationists and Seaport residents have undertaken to stop the Howard Hughes Corporation's plan to build a 494-foot hotel/condo tower has just suffered what appears to be a major setback, as the city has declared that two buildings that were part of the old Fulton Fish Market, the New Market Building and the landmarked Tin Building, are in danger of collapsing and must be demolished. Efforts to stop the development have, up until this point, focused on the preservation of those two buildings, but now that the Economic Development Corp. has issued a statement saying that they "are supported by piles that have deteriorated to the point that they cannot hold the structures above it," they could be razed next month.
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Hello Living Is Bringing 50 Fancy Rentals to Bed-Stuy
Developer Hello Living will continue its domination of Bed-Stuy and its surrounds with a new 10-story rental building to rise on Fulton Street at Nostrand Avenue. TRD first spotted plans filed by Hello Living honcho Eli Karp for the 56,000-square-foot development designed by Karl Fischer Architecture alum Vincent Martineau. The building will include 50 rentals, all with large rear terraces and keyed elevator access directly into the apartments. Yup, they'll probably be pricey.
$16M Penthouse Is the Last Condo at High Line-Hugger 500W21
[Photos by Tom McCavera]
Five years ago exactly, news broke of plans for a new condo building at 500 West 21st Street, along the High Line, and at the time, there weren't a lot of projects going up in West Chelsea. The scene is a lot different now, and 500W21 is one of the few new buildings along the elevated park that is actually complete. Only one condo remains on the market: the $16 million penthouse on the east side of the building. The marketing team sent over new photos of the unit, which are the first photos ever shared of the building's interiors—up until now, we've only seen renderings. Designed by Kohn Pederson Fox, the building is somewhat tamer than some of the newer High Line-hugging condos, but as the photos show, it's still quite a looker. The interiors of this 4,000-square-foot penthouse were designed by MARKZEFF, and it was styled by Hadas Dembo of Mise en Scene Design. It has a large private terrace, and three bedrooms, a den with a stunning curved window, an eat-in kitchen, and a 40-foot living room.
In the Footsteps of NYC's Best Chronicler, Joseph Mitchell
[A new biography explores the work of author Joseph Mitchell, whose legacy still impacts New York City. All photos by Nathan Kensinger.]
Welcome back to Camera Obscura, Curbed's series of photo essays by Nathan Kensinger. This week, Kensinger reflects on the work of Joseph Mitchell.
Sometimes, when the fate of the world seems to be a foregone conclusion ignored by the crowds surging through midtown Manhattan, I take a long subway ride toward the end of a line, to walk in neighborhoods with colorful names unknown to most New Yorkers—Edgemere, Meadowmere, Bloomfield—quiet places where the tangled strands of the city's history demand excavation. On days like this, I often cross paths with the the ghost of Joseph Mitchell.
Finally, A Look at Williamsburg's Salvation Army Replacement
The saga of the Bedford Avenue site that once held a Salvation Armystarted about five years ago, and now, finally, we know what will replace it. Brownstoner spotted a photo on the construction fence of the currently empty site, and it shows an inoffensive yellow brick building with large windows. The rendering isn't the standard DOB-issued thing, but rather part of a giant new sign posted by Thor Equities, the property's new owner.
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