Karlie Kloss via Flickr; 151 Charles Street via Compass
Roughly a week and a half has passed since New York City entered Phase 4, the final stage of the reopening process, and New Yorkers are welcoming some familiar events and mainstays back. Baseball season is now underway, The Museum of the City of New York will reopen with a new outdoor installation on August 1, and the American Museum of Natural History has announced plans for a September reopening.
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$100M Sale at 220 CPS is 3rd most expensive NYC apartment sale of all time
Suburban neighborhoods note best air quality in New York City (surprise!)
Image via Craig Adderley - Pexels
Air quality cannot be overlooked at a time when health is on everyone’s minds, and those seeking fresher air would be advised to look to the Bronx (surprise!). Construction marketplace AMAST recently conducted a report on New York City neighborhoods’ air quality complaints filed via 311, and found that six of the top 10 neighborhoods with the lowest number of air quality complaints took place in the Bronx. The outliers took place in less developed, suburban parts of Brooklyn and Queens.
Meanwhile, popular Manhattan neighborhoods like the Upper West Side, Greenwich Village, Midtown, Chelsea, and the Upper East Side were among the worst offenders. Additionally, less transit-friendly outer borough neighborhoods like Greenpoint and Rego Park ranked high. Full details and rankings may be found here.
As the majority of the complaints were related to idling vehicles, it’s natural to wonder if keeping some of the Open Streets permanently car-free would bring down air quality complaints in these neighborhoods. However, it must be noted that the report ranked calls placed from January 1 to June 15, 2020 - when the pandemic was in full swing and many New Yorkers were afraid to take public transportation.
As the majority of the complaints were related to idling vehicles, it’s natural to wonder if keeping some of the Open Streets permanently car-free would bring down air quality complaints in these neighborhoods. However, it must be noted that the report ranked calls placed from January 1 to June 15, 2020 - when the pandemic was in full swing and many New Yorkers were afraid to take public transportation.
Karlie Kloss's West Village townhouse sells for $2.4M
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Less than a year after Karlie Kloss listed her West Village townhouse at 151 Chalres Street, it has found a buyer. The two-bedroom, two-bath home sold for $2,382,609, or 13.4% less than the listing price of $2.75 million, but still more than the $1.975 million the model/entrepreneur paid for it in 2012. The sale comes nearly a year after she and husband Josh Kushner (not pictured) sold their Nolita apartment for $6.6 million.
From the listing:
A rare offering – your own private townhouse with front garden in a highly sought after West Village location. This three-story home includes two bedrooms, two bathrooms, an eat-in kitchen and separate den. With a wrought iron gate, landscaped front garden and second floor terrace set against a red brick facade, this home is the epitome of charm.
Upon entry, a chic foyer leads into a grand proportioned living room with soaring 12-foot ceilings. This space is ideally suited for entertaining, currently set up with multiple seating areas. A short stair leads up to a beautifully renovated eat-in kitchen with breakfast nook and a full secondary bathroom. The kitchen is outfitted with stainless steel appliances and includes plentiful cabinetry and countertop space.
From the listing:
A rare offering – your own private townhouse with front garden in a highly sought after West Village location. This three-story home includes two bedrooms, two bathrooms, an eat-in kitchen and separate den. With a wrought iron gate, landscaped front garden and second floor terrace set against a red brick facade, this home is the epitome of charm.
Upon entry, a chic foyer leads into a grand proportioned living room with soaring 12-foot ceilings. This space is ideally suited for entertaining, currently set up with multiple seating areas. A short stair leads up to a beautifully renovated eat-in kitchen with breakfast nook and a full secondary bathroom. The kitchen is outfitted with stainless steel appliances and includes plentiful cabinetry and countertop space.
Spire reinstalled at One Vanderbilt as crane begins to come down
One Vanderbilt rendering via Visualhouse
The New York City skyline has seen some dramatic additions in recent years, and another reached a key milestone: The spire at One Vanderbilt has been reinstalled, and the crane is starting to come down at the fourth-tallest building in New York.
One Vanderbilt takes shape in the wake of a Midtown East rezoning that allows for larger office towers that can compete with Hudson Yards (see below for details) and the Financial District. Construction on the Kohn Pedersen Fox-designed building topped out in September 2019, and its sheer height promises spectacular views from floor-to-ceiling windows and column-free floor plates.
One Vanderbilt takes shape in the wake of a Midtown East rezoning that allows for larger office towers that can compete with Hudson Yards (see below for details) and the Financial District. Construction on the Kohn Pedersen Fox-designed building topped out in September 2019, and its sheer height promises spectacular views from floor-to-ceiling windows and column-free floor plates.
Public plaza rendering via SL Green
One Vanderbilt is aspiring to the highest possible LEED, Wired, and, most importantly at a time like this, WELL certifications. In addition to the office space, the building will be occupied by 104,000 square feet of retail space, some of which will be devoted to a new restaurant concept from Daniel Boulud. The 59th floor will house an observation deck known as The Summit at One Vanderbilt; further down to earth, a 14,000-square-foot car-free public plaza will open between One Vanderbilt and Grand Central Terminal.
Over half the space is already preleased to tenants like TD Bank, TD Securities, Carlyle Group, Sentinel Capital Partners, and Greenberg Traurig. However, the construction news comes at a time when the traditional Manhattan office faces an uncertain future - over the weekend, The New York Times took a look at the Time Life Building in Rockefeller Center, which has seen its office, restaurant, shops, and outdoor plaza all but deserted in the wake of the pandemic.
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Long Island City penthouse is Queens' most expensive sale since 2018
All images of The View at East Coast via Compass
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Amazon may have pulled out of Long Island City, but buyers have not. As The Real Deal reported, a penthouse at The View at East Coast sold for $3.45 million, or $1,527 per square foot. This is the most expensive deal Queens has seen since 2018, when another unit in the building sold for $3.8 million. The deal went into contract just as the city shut down in response to the pandemic, and closed remotely.
The three-bedroom, four-bath penthouse measures 2,260 square feet and enjoys generous proportions, abundant closet space, and en suite baths in every bedroom. The kitchen is outfitted with a granite center island and top-of-the-line appliances. However, the listing’s greatest perk is the views of the Manhattan skyline, the East River, and spectacular sunsets. These can be enjoyed through floor-to-ceiling windows as well as an expansive private terrace.
A 421a tax abatement is in effect until 2027, and residential amenities include a fitness center, pool, screening room, lounge, playroom, and roof deck. Additional availabilities at the building start at $1.152 million for one-beds and $1.7 million for two-beds.
A 421a tax abatement is in effect until 2027, and residential amenities include a fitness center, pool, screening room, lounge, playroom, and roof deck. Additional availabilities at the building start at $1.152 million for one-beds and $1.7 million for two-beds.
Jeffrey Epstein's Upper East Side townhouse lists for $88 million
All images of 9 East 71st Street via The Modlin Group
Less than a year after the death of convicted sex offender Jeffrey Epstein, his Upper East Side townhouse has come on the market for $88 million. The Wall Street Journal broke the story and notes that it still contains much of Mr. Epstein’s furniture, which may look familiar to anyone who’s seen Jeffrey Epstein: Filthy Rich on Netflix. (The locked safe with cash, diamonds, and a foreign passport is presumably gone, though.)
The 10-bedroom, 15-bath Neo-Classical mansion measures seven stories high and in excess of 28,000 square feet. Nearly 90 years since it was commissioned, original architectural details like 15-foot-high oak entry doors and imported French limestone decorated with carvings, sculpture figures, and ornamental ironwork remain intact. Moreover, as the listing notes, “the property is uniquely positioned as the perpetual and unobtrusive perspective overlooking the Frick Museum to Central Park can never be blocked by new construction, a rarity in the ever-growing New York City landscape.”
The listing refers to the townhouse as “the Herbert N. Straus mansion” in honor of its original owner, heir to the founders of Macy’s. It also alludes to a 1989 renovation, presumably by Leslie H. Wexner, chairman emeritus of L Brands and Mr. Epstein’s mentor, who bought it for $13.2 million in 1989 and transferred the title to Mr. Epstein for $0 in 1996. Between Mr. Straus and Mr. Epstein, the mansion was also owned by the Roman Catholic Diocese, which used it as an extension of the St. Claire Hospital for nearly 20 years, and the Birch Wathen School.
While some are understandably leery about owning or living in this townhouse, The Wall Street Journal was fairly optimistic about its prospect, pointing out that homes owned by Harvey Weinstein and Bernie Madoff sold for more than originally paid for, and that luxury buyers are starting to turn their attention to townhouses over high-rises in the wake of the pandemic. It also mentions that the proceeds of this home sale, like that of all Mr. Epstein’s properties, will go to his estate, which established a compensation fund to adjudicate claims from victims out of court.
Local preservationists had hoped that The Frick, which is located across the street, would buy the mansion and take over the property in a move that, as architect Theodore Grunewald put it, “could essentially be cleansing the house.” However, The Frick does not seem so inclined - Landmarks has already approved its plans for an expansion, and the museum will move to the Met Breuer building during the planned 2021 renovation.
Face-to-face tours resume at Hoboken's 7 Seventy House, now offering up to 2.5 months free rent
7 Seventy House via Bijou Properties
New York City was able to resume in-person real estate showings in Phase 2 of the reopening process, and face-to-face showings are also underway across the river at 7 Seventy House, a new rental in Hoboken. The leasing and model center has reopened by appointment only, and new health and safety protocols are in place. One-on-one digital presentations are also still available.
7 Seventy House’s open layouts, high-quality finishes, extensive amenity package, easy transportation access, and two-acre public park right outside the building were key factors in the building’s rapid leasing. Remaining availabilities start at $3,012/month for one-beds, $3,768/month for two-beds, and $5,109/month for three-beds. All prices are net effective to reflect one and a half months free rent on a 13-month lease, and the building is also offering up to two and a half months free rent on 26-month leases.
7 Seventy House’s open layouts, high-quality finishes, extensive amenity package, easy transportation access, and two-acre public park right outside the building were key factors in the building’s rapid leasing. Remaining availabilities start at $3,012/month for one-beds, $3,768/month for two-beds, and $5,109/month for three-beds. All prices are net effective to reflect one and a half months free rent on a 13-month lease, and the building is also offering up to two and a half months free rent on 26-month leases.
As Pfizer's stock climbs on news of vaccine, so does its Hudson Yards headquarters The Spiral
Rendering of The Spiral (center) via Tishmay Speyer
As part of Operation Warp Speed, pharmaceutical giant Pfizer has entered an agreement with the United States government for large-scale production and delivery of 100 million doses of a COVID-19 vaccine. This would allow the vaccine to be shipped quickly following its successful manufacture and approval.
A COVID-19 vaccine would allow people to safely return to work, and Pfizer itself is getting ready to go to work in a new building: The Spiral, a Bjarke Ingels-designed tower in the new Hudson Yards district. The full-block tower is named in honor of its most distinct design feature, a series of classic Manhattan stepbacks that provide lush outdoor terrace space on every floor. In addition to providing a welcome space to enjoy jaw-dropping skyline and river views, these will allow for abundant fresh air.
A COVID-19 vaccine would allow people to safely return to work, and Pfizer itself is getting ready to go to work in a new building: The Spiral, a Bjarke Ingels-designed tower in the new Hudson Yards district. The full-block tower is named in honor of its most distinct design feature, a series of classic Manhattan stepbacks that provide lush outdoor terrace space on every floor. In addition to providing a welcome space to enjoy jaw-dropping skyline and river views, these will allow for abundant fresh air.
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Would you like to tour any of these properties?
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Or call us at (212) 755-5544
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