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NOV/DEC 2014 VOL. 02 NO. 06 LLNYC.COM

GIFT GUIDE 2014 FASHIONABLE

FINDS FOR YOUR FRIENDS & FAMILY

MANHATTAN’S “BARGAIN” TOWNHOUSES TOP SHELF ELITE DESIGNER JAMIE DRAKE’S SPREAD IS MADE FOR ENTERTAINING

THE HOST AT HOME FOX NEWS’ KIMBERLY GUILFOYLE AND HER GLISTENING UWS DIGS

+

FUN IN THE SUN

MIAMI’S HOTTEST NEW DEVELOPMENTS

A PUBLICATION OF


575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2014 DOUGLAS ELLIMAN REAL ESTATE.

EQUAL HOUSING OPPORTUNITY.

SALES | RENTALS | RELOCATION | NEW DEVELOPMENTS | RETAIL | MORTGAGE | PROPERTY MA


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TITLE INSURANCE

TALENT, TECHNOLOGY & A NETWORK OF 5,000 REAL ESTATE AGENTS. PUT THE POWER OF ELLIMAN TO WORK FOR YOU. A successful real estate transaction depends on your ability to assemble the right team. From buying and selling, to appraisals, mortgage financing and rentals, top experts on AskElliman.com offer timely answers to today’s questions about all things real estate. With the largest regional and global network, Douglas Elliman offers customized resource to guide you skillfully from beginning to end.


Contents

VOLUME No. 02 ISSUE No. 06

NOVEMBER/ DECEMBER 2014

A “Sky Garage” is what sets condos at 200 11th Avenue apart.

TOP GARAGES P28

You have the swanky condo, you have the Aston Martin. But having a private place to park it is what really defines luxe living in Manhattan.

NEWS CORNER MANHATTAN MARKET ROUNDUP P36 NYC’s luxury property values are rising to the stratosphere. But are there signs the trend is reversing?

NYC’s

Premier

Properties

THE BACK PAGE

LISTINGS P70–88

P14

SHINE ON

A round-up of some of the most exclusive homes in Manhattan. UPPER EAST SIDE

Kimberly Guilfoyle, host of “The Five” on Fox News, lives in a sparkling, Hollywood Regency style spread on the Upper West Side.

P38

Has the nabe finally become a “cool” place to live? What does “cool” mean, anyway?

(Sponsored product: Guilfoyle is wearing Ulysse Nardin’s Executive Dual Time Lady watch with a rose gold case, priced at $18,205.)

UPPER WEST SIDE P40

2014 RECORDS P89 It’s been an incredible year for the city’s real-estate scene. A look at some of the records broken this year. GREENWICH VILLAGE P50 Gansevoort Market revives a neighborhood tradition with an upscale food hall

SOHO

P54

A small boom — mostly conversions — will bring new condos to the neighborhood

Hudson Square, on the western edge of Soho, sees a wave of new condo development

MIDTOWN

TRIBECA

P42

The Garment District moves away from manufacturing and toward shopping and dining

GRAMERCY

CHELSEA

LES/EAST VILLAGE

P44

European flair now defines the evolving, super-hip enclave known as NoMad P48

Soo K. Chan’s 515 High Line merges neo-Modernism and Deconstructivist styles

P58

As Nobu turns 20, reflections on how the restaurant transformed a once marginal nabe

P32 Sunshine states The hottest new developments in rapidly revitalizing Miami — a city booming with new architecture, restaurants and culture. P18 House for less Why townhomes offer lots of bang for (relatively) little money.

4  Luxury Listings NYC  November/December 2014

P10 Gift Guide Perfect presents for everyone, from chefs to someone who has it all.

P24 Chelsea chic Designer Jamie Drake’s pad is perfect for hosting parties.

P30 Space invaders You can welcome overnight guests to your NYC pad.

P62

Ian Schrager’s 215 Chrystie Street sets a new luxe standard for the Lower East Side

FIDI

P66

Manhattan’s first Denny’s outpost serves Grand Slam breakfasts — and alcohol


Black Toro Patented Perpetual Calendar. Self-winding movement. 18 ct rose gold case with ceramic bezel.

BOUTIQUES

Water-resistant to 100 m. Also available on leather strap.

N e w Yo r k 50 Central Park South - 212-257-4920

U LY S S E - N A R D I N . C O M

Boca Raton, Miami, Carlsbad, Geneva, Istanbul, Moscow, Paris, St-Petersburg, Beirut, D u b a i , A l m a t y , B e i j i n g , B i s h k e k , U l a a n b a a t a r , K u a l a L u m p u r , S i n g a p o r e , Ta i p e i .


EDITOR’S NOTE

PUBLISHER Amir Korangy EDITOR-IN-CHIEF Stuart W. Elliott MANAGING EDITOR Lisa Keys ART DIRECTOR Gregory Cullen PHOTOGRAPHY Studio Scrivo REPORTER Zachary Kussin CONTRIBUTORS Christopher Cameron, James Gardner, Jennifer White Karp, Claire Moses, E.B. Solomont PRODUCTION COORDINATOR Victoria Tuturice EDITORIAL INTERN Lucia De Stefani DIRECTOR OF MARKETING OPERATIONS Yoav Barilan ASSOCIATE PUBLISHER Wilkie Bushby NATIONAL SALES DIRECTOR Ross Fox ADVERTISING SALES Eran Evron, Nick Mascaro, Robert Stearns, Nicki Chadi, Sigalit Levi, Marcus Guest, Chris Cuomo, Barry Holland, Frankie Grima FINANCE DIRECTOR Ken Cyrus DIGITAL TRAFFIC MANAGER Junaid Zahid DISTRIBUTION Mitchell’sNY ATTORNEY Barry J. Friedberg Trachtenberg Rodes & Friedberg

Luxury Listings NYC is a registered trademark of Luxury Listings NYC LLC. Copyright 2014. Call 212-260-1332 or email news@LLNYC.com. Warning: It is illegal to photocopy or reproduce any part of Luxury Listings without express written consent. For reprints and duplication rights, call 212-260-1332. Principal office: 158 West 29th Street, New York, NY 10001. Luxury Listings is published bimonthly. To subscribe or to stop receiving the magazine, email subs@LLNYC.com or call 1-855-703-9671. The magazine is free to residents of Manhattan. For those outside Manhattan receiving the magazine by mail, a yearly subscription costs $95. Paid subscribers can opt to receive The Real Deal magazine and The Real Deal’s annual Data Book at no additional charge. Check or money orders for subscriptions can be mailed to 158 West 29th Street, New York, NY 10001.

6  Luxury Listings NYC  November/December 2014

Is there anything more painful than trying to buy a gift for the person who has everything? You can take comfort in our holiday gift guide. If you are looking for something pricier, check out some of the luxe properties inside.

I

s there anything more painful than trying to buy a gift for the person who has everything? If you are like me, when each holiday season rolls around, you might find yourself reluctantly buying a different version of the same sweater, scarf or fancy pen that you’ve given a number of times in the past to someone you love, despite all your best intentions. Take comfort then in our holiday gift guide, starting on page 10, which has the coolest, newest and hippest gifts for nearly everyone on your list. From an interactive lamp-and-speaker system that creates a “thundercloud” in the middle of your apartment, to a machine that freshens tired clothes at the push of a button, we feature presents for the home that are sure to get the creative gift-giving juices flowing. Those gifts top out at $50,000, but if you are looking for something a bit pricier, why not give a townhouse this holiday season? (Just wrap it in a giant bow; I’m sure this has been done by a Russian oligarch or two.) After all, Manhattan real estate is the gift that keeps on giving, growing more valuable over time. And townhouses are a relative bargain these days, at least compared with all the new condo towers rising around town, which are asking astronomical prices. For high-end buyers looking to get the maximum amount of space in a prime Manhattan neighborhood for the least amount of money, townhouses are increasingly attractive — check out page 18. All told, it’s been a banner year for New York City real estate, and you can check out some of the records set on page 89, including the most ever paid for a rental apartment in New York (a whopping $250,000 a month) and the tallest residential building ever built in the Western Hemisphere (432 Park Avenue, which you can now see from everywhere). Still, the good times might be coming to an end — see our report about the possible bubble forming in the luxury market on page 36.

If you want to head south for the winter, Miami is seeing it own heated real estate market, but it’s still a lot cheaper than Manhattan. We survey some of the standout new buildings rising, many by starchitects like Rem Koolhaas and Richard Meier. It is exciting stuff in a city that’s increasingly cosmopolitan. Of course, if a new property isn’t going to wind up in your stocking this year, we can help you work with what you’ve got and maximize space for any guests that arrive. Whether you have the luxury of a spare bedroom or just a spare sofa, we offer advice on being a great host on page 30. Finally, while a spare bedroom can be nice, a private parking spot in your building can be even nicer — and more rare. We survey the parking scene, where prices can run up to $1.5 million to buy a spot in some new buildings (that is more than five times the average price of a home in the U.S.). See page 28 for this story. And among the homes with their very own parking spaces — right next to their high-floor apartment — is the lavish pad of top interior designer Jamie Drake. We take a peek inside, starting on page 24. Last but not least, we go inside the home of Fox News host Kimberly Guilfoyle. Her modern apartment on the Upper West Side might not look like the kind of place where conservative colleague Bill O’Reilly would go to dinner, probably, but it’s a glittering space for her and her son. We learn more about the host and her home on page 14. Enjoy the issue.

STUART W. ELLIOTT, Editor-in-Chief


Sprawling & Spacious on Fifth

1010 FiFth AvEnuE APt. 13CDE

16 into 11 rooms. Living room, formal dining room, library, 5 bedrooms, 5 baths, windowed eat-in kitchen, staff room, W/D, generous closets/private storage. high floor with open views. Excellent condition. Full service white glove prewar co-op, new gym, pets OK. $15.25M WEB# 3354844

Exclusively shown through

Sharon E. Baum Licensed Associate Real Estate Broker (o) 212.836.1036 | seb@corcoran.com

2011 henry Forster Award Winner, Real Estate Board of new York’s highest residential honor total Sales in excess of two Billion Dollars Consistently listed in the Wall Street Journal’s “Real Estate top 1,000”

Search by Web# on Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.


MANHATTAN

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BROOKLYN

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QUEENS

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LONG ISLAND

ICONIC DAKOTA PENTHOUSE 1 West 72nd Street, PHC $6,500,000 A unique 2-bedroom, 2-bathroom duplex at the top of the iconic Dakota enjoys all the brightness and quietude that a penthouse home on Central Park West can offer. Web# 1857133. Katherine Gauthier O: 212.769.9832

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THE HAMPTONS

2500 SF LOFTY 3 BEDROOM, 3 BATH CONDO 151 East 85th Street, 14E | $6,200,000 | Oversized corner residence w/prewar proportions, 10 ft ceiling and dramatic floor to ceiling windows, chef’s eat-in kitchen, custom closets, amenities include gym/pool, yoga + fitness class rooms. Web# 1928609. Eli Khen, O: 212.650.4843

SPECTACULAR CONTEMPORARY HOME 183 Dune Road | Price Upon Request | Stunning newly renovated home. Every room has breathtaking views of the bay. 60 acre preserve and ocean. A unique blend of seclusion, location and views. The magical home boasts southern exposure, mahogany decks, gunite pool and gated driveway. Web# DE08734. Trudy Schlachter, O: DE08734

Fifth Ave Pre-War Condo 1049 Fifth Avenue | $3,500,000 | Quiet, full service, mint 3-bedroom, 2 and a half at coveted Central Park location. Gracious layout includes formal, corner dining room and a windowed eat in kitchen. Web# 1870637. Marguerite Martin, O: 212.321.7171

OLYMPIC TOWER GEM 641 Fifth Avenue | $3,490,000 | Located in world famous Olympic Tower, the newly renovated 2-bedroom, 2 full bath designer condo includes fantastic view of Central Park and city skyline, new furnishings and fine art. Web# 1856900. Valerie A. Lettan, O: 212.319.2844

LUXURY HOTEL LIVING 781 Fifth Avenue | $2,995,000 | On the 21st floor of the Sherry Netherland, this corner 2-bedroom, 2-bath apartment has open views of Central Park to the north and midtown to the east. Full hotel service. Web# 1919345. John Stathis O: 212.891.7651

RESTORED ELEGANCE Oyster Bay Cove | $2,248,000 | Georgian Colonial Country House. Gourmet kitchen, solarium with walls of glass and fireplace. Formal dining room, master suite with fireplace plus 4 bedrooms, 6.57 acres, pool and tennis. Web# 2702444. Diane Andersen, O: 516.695.2400 Patricia Pasculo, O: 516.921.2262

IN THE CENTER OF IT ALL 347 West 57th Street, 35C | $2,150,000 | Location, size and views. 3-bedroom, 3-bathroom condo facing south, north and east balcony overlooking Central Park, Lincoln Center, and Time Warner. Windowed kitchen and bathroom. Priced to sell. Web# 1639988. Sara Gayer, O: 212.702.4079, C: 917.385.2056`

FOR GUIDANCE AND INSIGHT ON ALL THINGS REAL ESTATE, PUT THE POWER OF ELLIMAN TO WORK FOR YOU. ASKELLIMAN.COM


THETHE NORTH FORK NORTH FORK |

| RIVERDALE RIVERDALE |

| WESTCHESTER/PUTNAM WESTCHESTER/PUTNAM |

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2014 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2014 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

FIFTH AVENUE FLOOR FIFTH AVENUE FULLFULL FLOOR Avenue | $18,950,000 | Full-floor, 13 foot 1020 1020 Fifth Fifth Avenue | $18,950,000 | Full-floor, 13 foot ceiling in living overlooking theMuseum. Met Museum. ceiling in living roomroom overlooking the Met Meticulously restored 4 exposures and classically Meticulously restored with 4with exposures and classically proportioned rooms a distinct feeling of a house proportioned rooms with awith distinct feeling of a house 3 WBFPs. 1668750. Johnson and 3and WBFPs. Web#Web# 1668750. DianeDiane Johnson O: 212.418.2075 | Scott O: 212.891.7702 O: 212.418.2075 | Scott Boyd,Boyd, O: 212.891.7702

TRIPLE AVENUE CONDO TRIPLE MINTMINT PARKPARK AVENUE CONDO UNIQUE UNIQUE RIVERHOUSE RIVERHOUSE JEWEL JEWEL FOR TERRACE FOR TERRACE LOVERS LOVERS 823 Park Avenue | $13,750,000 | Triple mint turn-keyPricePrice 823 Park Avenue | $13,750,000 | Triple mint turn-key UponUpon Request Request | Iconic | Iconic building building triplextriplex condominium the most desirable locations condominium in oneinofone theofmost desirable locations on on penthouse penthouse with spectacular with spectacular river and rivercity andviews. city views. Avenue. No details overlooked. Dedicated Irrigated Park Park Avenue. No details were were overlooked. Dedicated Irrigated landscaped landscaped terraces. terraces. LevelLevel 1: Major 1: Major rooms rooms elevator landing, 5 bedrooms, 4.5 baths. elevator landing, 5 bedrooms, 4.5 baths. and master and master suite.suite. LevelLevel 2: guest/media/loft. 2: guest/media/loft. 1902596. Friedberg, O: 212.891.7064 LevelLevel Web#Web# 1902596. Rick Rick Friedberg, O: 212.891.7064 3: roof 3:terrace. roof terrace. Building Building club. club. 50% 50% financing. financing. F/S F/S Johson, O: 212.418.2075 DianeDiane Johson, O: 212.418.2075 coop.coop. Garage. Garage. For the Forsophisticated the sophisticated buyer.buyer. Cars Cars can can wait in wait theincircular the circular driveway. driveway. Web#Web# 1667761. 1667761. BetsyBetsy S. Green, S. Green, O: 212.891.7067, O: 212.891.7067, C: 917.868.8388 C: 917.868.8388

ANGELES | LOSLOS ANGELES |

| FLORIDA FLORIDA

TRIBECA TRIBECA MAISONETTE MAISONETTE MANSION MANSION 60 Collister 60 Collister Street, Street, 1C 1C $18,950,000 $18,950,000 In a Tribeca In a Tribeca full-service full-service condominium condominium with with parking, parking, this isthis a is a triplextriplex property property spanning spanning over over 9,0009,000 square square feet feet with celebrated with celebrated interior interior design design and an and indoor an indoor swimming swimming pool. pool. Web#Web# 1809536. 1809536. Bruce Bruce Ehrmann Ehrmann O: 212.965.6035 O: 212.965.6035

TRIPLE TRIPLE MINTMINT UPPER UPPER EASTEAST SIDESIDE TOWNHOUSE TOWNHOUSE 14 East 14 East 95th 95th Street Street $15,995,000 $15,995,000 TripleTriple mint mint limestone limestone elevator elevator townhouse, townhouse, just just off Fifth off Avenue. Fifth Avenue. 5 bedrooms, 5 bedrooms, 5.5 5.5 baths,baths, south-facing south-facing garden, garden, 2 terraces 2 terraces and roof anddeck. roof deck. Unusually Unusually brightbright and airy. and airy. Web#Web# 1798198. 1798198. JoanJoan SwiftSwift O: 212.702.4039 O: 212.702.4039 C: 917.991.1590 C: 917.991.1590

ANNABELLE SELLDORF TOWNHOUSE PRIME UPPER EASTEAST SIDESIDE PENTHOUSE CONDO 5 PLUS BEDROOM CONDO PRIME UPPER PENTHOUSE CONDO MINTMINT ANNABELLE SELLDORF TOWNHOUSE 5 PLUS BEDROOM CONDO 526 East 5th Street | $6,950,000 | World celebrated 76th 76th Street | $10,000,000 | One-of-a-kind 71st Street, 7th FL | $10,900,000 30 East Street | $10,000,000 | One-of-a-kind 235 West 526 East 5th Street | $6,950,000 | World celebrated 30 East 235 West 71st Street, 7th FL | $10,900,000 architect Annabelle Selldorf has transformed this 4-story 2,4422,442 sf 3-bedroom, 3.5-bath duplex penthouse with withMint, Mint, huge,huge, 5+ bedroom prewar condo on a beautiful sf 3-bedroom, 3.5-bath duplex penthouse architect Annabelle Selldorf has transformed this 4-story 5+ bedroom prewar condo on a beautiful townhouse into ainto light-filled, perfectly readyready to occupy E, S, W E, exposures and 2and dedicated terraces in a fullWestWest 70’s block. Enormous loft-like living living space. W exposures 2 dedicated terraces in a fulltownhouse a light-filled, perfectly to occupy N, S, N, 70’s block. Enormous loft-like space. familyfamily home.home. Over Over 5,0005,000 sf, 5 bedrooms, decked roof. roof. service condominium on one NYC’s most most coveted custom eat-ineat-in kitchen. Full-service building. service condominium onofone of NYC’s coveted Capacious, sf, 5 bedrooms, decked Capacious, custom kitchen. Full-service building. + sf. Web# Web#Web# 1612225. Jan Hashey, O: 212.206.2804 blocks. Web#Web# 1917533. Andrew Anderson 4700+ sf. Web# 1779474. blocks. 1917533. Andrew Anderson 1612225. Jan Hashey, O: 212.206.2804 4700 1779474. SteveSteve Halprin, O: 212.206.2803. O: 212.727.6153 | Lida| Lida Drummond, O: 212.965.6039 Michael Kafka, O: 212.769.6563 O: 212.727.6153 Drummond, O: 212.965.6039 Halprin, O: 212.206.2803. Michael Kafka, O: 212.769.6563


GIFT GUIDE

Present tense?

Luxury Listings NYC’s stress-free guide to finding the perfect personal gift for everyone on your holiday wish list

H

ey, it’s the holidays! Well, almost — so that means now is the perfect time to tackle your gift list. Out of ideas? You’ve come to the right place: We’ve scoured the land (and New York City, in particular) to find the coolest, newest and hippest gifts for nearly everyone on your list. Have a friend who loves to cook? Why not spring for a hand-forged kitchen knife? Does your dad love gadgets and hate laundry? Check out a machine that freshens tired duds at the push of a button. And that impossible-to-shop-for friend who seems to have everything? Bet she doesn’t have a storm cloud of her own. Read on for some of the year’s snazziest gifts.

FOR THE KITCHEN WIZARD IN YOUR LIFE… SPONGE-WORTHY

You use a sponge to clean your pans, your dishes and your countertops. But what do you use to clean the sponge? Enter SpongeBath, a stylish, eco-friendly sponge-cleaning tool that’s designed to store and sanitize what may be the filthiest item in your home. From $29.99; www.spongebath.com

FRENCH COOKING IN THE USA

Le Creuset’s signature cast-iron five-and-a-half-quart Round French Oven is as classic as they come. Stylish hues? Check. Heat resistant to 500 degrees? Check. They now come in a trendy matte finish in three new colors: mineral blue, cotton and sisal. Trés chic. $280; www.lecreuset.com

LOOK SHARP!

Your pal has a custom kitchen, so why not get him a custom knife? Zieba knives are hand-forged in Brooklyn using all USA-made materials. The Red Ti Knife, shown here, has a nine-inch blade and a maple handle. Each knife is unique — just like the person who uses it. $750; www.masterchefknives.com

10  Luxury Listings NYC  November/December 2014

SMOOTH OPERATOR

This cult favorite is now available in an apartment-friendly size. The Vitamix S30 packs a powerful punch in a small, sleek machine — its base is less than six inches wide — and it comes with two containers: a 40-ounce one for feeding the family, and a portable 20-ounce one for taking a smoothie to go. $409; www.vitamix.com


FOR THE TECH-OBSESSED… SOUND ADVICE

Dang earbuds never fit right? It’s time to get Normal: high-quality, custom-made earphones that are made by 3D printers, right here in Manhattan. Gift a pair to a friend via email and she can design her own earphones using an app, taking photos of each ear. The personalized ’phones, plus a carrying case, will arrive at her door in as little as 48 hours. $199; www.nrml.com

PICTURE THIS

Get a stunning picture from a stylish, furniture-quality piece: Sony’s new 4K Ultra Short Throw Projector. Designed to provide an “immersive experience,” the projector casts an ultra high-definition image display (up to 147 inches) and needs to be placed only a few inches from a wall (no shadows!). The projector’s sleek shape, designed by Campion Platt, complements any décor. On sale exclusively in the NYC area. $50,000; available at www.ddcnyc.com

IT’S A WASH

You wear a suit or dress to work, and while it didn’t exactly get dirty, it’s not quite clean, either. A Swash spares you the schlep to the dry cleaners: The technology allows users to place a garment inside, push a button — and get unwrinkled, freshsmelling clothes in 10 minutes. Bonus: There’s no pilling or fading, and Swash restores fit, too. $499; www.swash.com

FOR YOUR COUCHPOTATO PAL…

PILLOW TALK

Liven up your friend’s drab couch with a new style from Manhattan-based designer Judy Ross. The hand-embroidered Quartz pillow is made of handdyed New Zealand wool with metallic gold rayon accents. The 18-inch by 18-inch pillow has a cotton canvas backing and an insert made of down and feathers. Four additional colors are available. $215; www.judyrosstextiles.com

LIVING POUF

Is it an ottoman? A seat? A chic yet cuddly accent piece? The answer: all of the above. The multifunctional Providence pouf — part of MissoniHome’s Fresia collection — adds a touch of brightness to tired living areas. Made of cotton, viscose and linen, the cover is removable for easy care. $1,389; available for purchase at www.ddcnyc.com

MESSAGE IN A BOTTLE

With Blue Bottle Coffee’s new subscription service, your coffeeloving bestie may never again have to leave her pad for a top-notch brew. She’ll get a bag of beans delivered biweekly directly to her doorstep. Options include espresso and single-origin subscriptions. From $11 per bag; www.bluebottle coffee.com

CONTINUED ON PG 12

Luxury Listings NYC  November/December 2014

11


GIFT GUIDE CONTINUED FROM PG 11

FOR YOUR FRIEND WHO’S ALWAYS THROWING A PARTY… JINGLE JANGLE

A Christmas tree ornament is a fun, tried-and-true gift. Giving a friend an ornament that doubles as a Bluetooth speaker? Even better! Acoustic Research’s Jingle Ball plays favorite tunes as folks trim trees or simply loaf around; its cheerful look will brighten the spirits of even the saltiest Scrooge. Also available in gold and silver. $19.99; www.acoustic-research.com

NUTHIN’ BUT A “G” THANG

Alessi’s iconic Anna G corkscrew — named for the iconic Italian designer Anna Gili — is 20 years old this year. To celebrate, the product’s designer, Alessandro Mendini, dressed Anna G. in a tribal dance mask. The eye-catching limited-edition opener is designed to be displayed as art when not in use. $110; www.alessi.com

CHAMPAGNE WISHES

Ring in the New Year with a truly top-notch champagne. Moët & Chandon’s new Grand Vintage 2006 is one of only 71 vintages the champagne house has produced since 1842. Grand Vintages are champagnes that embrace the unique characteristics of a single year’s harvest and 2006’s blend of 42 percent Chardonnay, 39 percent Pinot Noir and 19 percent Meunier promises an “expansive, succulent palate.” Available at fine wine retailers. $64.99; www.moet.com

FOR THE PERSON WHO HAS EVERYTHING…

OUT OF THE BOX

Finally, a sexy, stylish way to stash stuff. The exterior of the Extra Large Geometric Box — which is 14-and-a-quarter inches long, ten-and-a-quarter inches wide — from Bojay is made of bone and resin; the interior is made of wood. Each box is handcrafted by a single artisan and each piece is unique; just like a snowflake, but more practical. $600; available at www.copiousrow.com

CLOUD NINE

For the rainmaker you know: a thundercloud of his or her very own. The Cloud, an interactive lamp and speaker system designed by Richard Clarkson, brings the drama and enchantment of a thunderstorm indoors. Motion sensors on the fixture create sound and light in response to a user’s presence; other functions include playing music and use as a nightlight. From $3,360; www.richardclarkson.com

12  Luxury Listings NYC  November/December 2014

TIME FLIES

A modern take on a classic, the CDI Eclipse from Waltham — a high-end watch producer founded in 1850 — is inspired by cockpit clocks used in Naval aircraft during World War II. This mechanical, self-winding watch features a 24-hour GMT hand as well as a unique central date indicator, allowing the international jetsetter in your life to easily change the time zone and date by touching the three-button feature. $7,860; available at www.cellinijewelers.com 


For men who don’t need GPS to know where they stand.

It’s our rough edges that testify real character. The Saxon One with its bold, timeless design lends this conviction a new form: elegant, dynamic, distinctive. And created with exactly that perfection which has made the predicate “Made in Glashütte” into a world-famous promise of quality. Available at your local authorized retail specialist. Saxon One Chronograph 6420-04

MADE FOR THOSE WHO DO.

Kenjo • 40 West 57th Street • New York, NY • (212) 333-7220 To obtain further information contact: Tutima USA, Inc. • 1-877-TUTIMA-1 • info@tutimausa.com • www.tutima.com


CELEB CRIBS

The host with the most Kimberly Guilfoyle, star of Fox News’ “The Five,” shows off her classic six

F

BY ZACHARY KUSSIN

ox News host Kimberly Guilfoyle kicks off her silver Jimmy Choo heels the moment she arrives at her spacious Upper West Side home, tucking them carefully under a custom-made Lucite bench in the entryway. It’s a hot late-summer day, and she’s come straight from her Midtown newsroom, where she co-hosts the talk/debate show “The Five” and serves as a co-panelist on the recently launched “Outnumbered.” But instead of staying barefoot or kicking back in some flip-flops, she slips into a pair of black mesh Louboutins. After all, Guilfoyle’s heel collection — which includes roughly 50 styles from Manolo Blahnik, Yves Saint Laurent, Valentino and Gucci — has its own Twitter account. But as the adage goes, things are not always as they seem. Despite Guilfoyle’s glamorous appearance and very public presence — she appears before some 3 million viewers daily on both shows combined, according to Nielsen Media Research, which also pegs “The Five” as the highest-rated news program in its time slot — she’s a familyoriented person, she said, and her classic six apartment reflects this. The foremost piece of evidence: She chose this apartment on a house hunt a couple of years ago because it has a room big enough for family gatherings, something that her previous digs on the Upper East Side didn’t have. “When I walked in and saw the dining room — the size and scale of it — it felt really grand, like I was living in a home, not just an apartment in New York City,” she said, adding that this is her most favorite place because she enjoys eating dinner here with her 8-year-old son, Ronan. “I love a place where a family can eat together and talk and share stories at the end of the day.” This dining space provides a stunning setting for this daily event — “we love our family time,” she said — as well as for when she entertains guests. The focal point of the white-walled room hangs above the long wooden table (which sometimes doubles as a ping pong table for boys-versus-girls matches): A sparkling, vintage crystal constellation chandelier that was part of the Metropolitan Opera’s original collection. A large chest with a white exterior, stands at one end of the room. It holds china, books

14  Luxury Listings NYC  November/December 2014

(“Hip Hotels,” “The Iconic Interior”) and had to be carried up 15 flights of stairs. On the other end of the room, wave-patterned blue and green window dressings drape in front of oversized windows that, this day, let in bright sunshine. “Everything in the house sparkles,” Guilfoyle remarks with a smile. True to her California roots, the home exudes a Hollywood Regency charm that’s immediately visible upon entry. In this roomy white-walled space, a spherical light fixture with glass flower petals hangs over a glass table upon which are collected glass trinkets in various sizes in a small glass bowl. A vintage, circular mirror makes a statement on the wall, as does a large, framed custom-painted scene of birds and flowers on silver silk by de Gournay in a chinoiserie style. The shimmery, vintage vibes of the foyer are replicated throughout the apartment. In the living area, there’s another silk de Gournay on display, as well as a painting made by Rowann Villency, the artist and mother of Guilfoyle’s second husband, furniture heir Eric Villency (they divorced

A custom painting on silk from de Gournay hangs in the living room.

PHOTOGRAPHED BY STUDIO SCRIVO several years ago). This piece shows a floral pattern with vibrant purple and orange touches. Off to one side of the painting, a flat-screen television hangs on the white wall. On the other side, window dressings with sequin touches sparkle near the whitepainted fireplace and the grey and blue upholstered furniture. This ranks as the second-most important room in her home: a warm and inviting gathering space for friends and family. “I love the transformative process,” Guilfoyle, seated at a marble breakfast table in her kitchen, said of furnishing apartments — she’s lived in five since arriving in New York from California 10 years ago. “I like taking a space and creating a unique, different environment, [so] that someone would be surprised when they walk through the door. If they’ve been in [many] apartments, they haven’t been in one like this.” Guilfoyle has resided in this three-bedroom rental for two years. Though she wasn’t specifically on the market for a rental, she knew this apartment felt right when she first saw it. “It was more dependent on whether or not I loved a space,” she explains. “You try to make a family-friendly atmosphere, and whether you own it or you’re renting it, then it’s your special place — your oasis.” But beyond the layout and pre-war bones, location played another important factor in her search, mainly because of her growing


Kimberly Guilfoyle, seated in her living room. BELOW: A custom Lucite bench in the foyer is a convenient spot to stash shoes.

“Let me seize the opportunity, be courageous and move to New York City.” —Kimberly Guilfoyle

Glass pieces sparkle throughout the home.

son. Now a stone’s throw from Central Park, her boy has room to run around. The short distance to the American Museum of Natural History is another plus. Here, Guilfoyle and her son Ronan spend time together on the weekends going through the dinosaur exhibits. She also wanted a large bedroom for Ronan — one big enough for his bunk bed and collection of toys. Plus, her son’s school is in the neighborhood. “Living in an apartment in New York, you make a transition,” she said. “I was used to having a backyard. But now Central Park is our backyard, which is pretty spectacular. It’s a beautiful canvas and every day you can have a unique experience.” Guilfoyle is no stranger to transitions; she weathers them quite well. A San Francisco native who later married former San Francisco mayor (now lieutenant governor of California) Gavin Newsom, Guilfoyle grew up in the city’s Mission District to a Puerto Rican mother, who died of leukemia when Guilfoyle was 10, and an Irish father, who passed away several years ago. She’s a lawyer by training, having worked as an assistant district attorney for the district attorneys of San Francisco and Los Angeles. Her journey to the television studio stemmed from her co-prosecution of a sensational second-degree murder case — one that involved a dog-mauling death and an

imprisoned Aryan Brotherhood member. The case garnered international attention — which landed her television offers, as reporters and producers who covered the case thought she would be good on television as a legal analyst, Guilfoyle said. She came to New York in 2004 to host a program on Court TV and she also served as a legal analyst on CNN and ABC. “It was a transition [and] I thought, ‘a door has opened,’” she said of her career change. “Let me seize the opportunity, be courageous and move to New York City.” Of course, it helped that Guilfoyle had previous experience in front of the camera — she worked as a model during her college days at UC Davis and, later, the University of San Francisco School of Law. Her CONTINUED ON PG 16

Luxury Listings NYC  November/December 2014  15


CELEB CRIBS CONTINUED FROM PG 15

ABOVE: The living room boasts a fireplace. LEFT: The chandelier in Guilfoyle’s favorite room is from the Metropolitan Opera. RIGHT: A glass light fixture hangs over a glass table in the apartment’s entryway.

repertoire included modeling for local department stores and in a bridal magazine wearing lingerie from Victoria’s Secret. “I learned confidence and how to act in front of a camera,” she said. Guilfoyle signed on with Fox in 2006, which she said was an exciting move. She went from covering legal topics to focusing on general news — politics, business, entertainment — though she still does regular legal analysis. Not one to shy away from hard work, Guilfoyle took on an additional role at Fox by joining the panel on “Outnumbered” this past spring. She also has a book coming out next year called “Making the Case: How to

Be Your Own Best Advocate,” in which she shares advice on getting hired, getting a promotion and managing personal finances, among other topics. Though her roots are distinctly Californian, her embrace of such a demanding schedule makes her a New Yorker through and through. “It feels like New York City has always been in my blood,” said Guilfoyle, who’s bounced around since arriving in Manhattan, living in the Meatpacking District, Midtown, then to the Upper East Side — and even owning a home in the Hamptons. “It’s my pace, speed and level I operate on. When I came to New York, I felt at home.”

She has both owned and rented in the city, and she now has her sights set on owning again — this time on the Upper West Side. The aim is to buy a prewar home, which would have similar features to the one she lives in now: high ceilings, moldings and most important, a wood-burning fireplace, which brings back memories of lighting fires with her father. “It feels so rich with history,” she says of the prewar aesthetic. “You can just feel the years that have come and passed before you.” Plus, there are perks to being a parent here. “You can throw a stone and get a playdate — there are kids everywhere!” she said.

Five Bedroom Penthouse on the High Line 5BR, 5 bath duplex with 3 terraces in architecturally significant full service building. $9.85M. Web #10277017. Jane Gardner 646-613-2656/Mary Ellen Cashman 917-710-2655

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LUXE LIVING

Houses of mirth Why townhomes are Manhattan’s best bargains — for the rich

R

BY E.B. SOLOMONT

eality television interior design duo Cortney and Robert Novogratz paid $4.3 million for their nearly 7,200-square-foot townhouse in the West Village in 2007. They recently listed the home for $17.95 million, or just under $2,500 per square foot. While that price may seem high, the Novogratzes — who had their own HGTV show, “Home by Novogratz” — previously listed the house, located at 400 West Street, in 2009 for $25 million, to no avail. And compared with prices for new development condos in the neighborhood, the property, which is listed by Douglas Elliman broker Raphael De Niro, is a relative steal. Ever dream of owning your very own house in Manhattan? Now may be the time to act: Thanks to the explosion of shiny new luxury condos in recent years, the price spread between townhouses and condos is widening — and, as a result, townhomes are looking like bargains. Compared with the Novogratzes’ asking price of $2,500 a foot, nearby condos range in price from $3,750 to $4,450 a foot, according to Halstead Property’s Louise Phillips Forbes. For those looking to get the maximum amount of space in a prime Manhattan neighborhood for the least amount of money, townhouses are increasingly attractive, wallet-friendly options for the wealthy. Townhouses are significantly undervalued in New York City on a price-per-squarefoot basis, said Forbes. “What [my clients] can get in a co-op or condo is nowhere near what you can buy, on a square-footage basis, in a townhouse,” she said. “There’s been a run on our luxury market,” she adds. “These [condo] developments have captured massive numbers, and that market momentum has magnified these

18  Luxury Listings NYC  November/December 2014

numbers in the differentials tremendously.” Townhouses are a “fantastic bargain,” according to Brown Harris Stevens’ Paula Del Nunzio. “There will come a time when a house will cost $100 million, or $5,000 a foot, and nobody will blink,” she said. Like most of Manhattan’s white-hot real estate market, townhouse prices are climbing. They’re just not rising nearly as fast as condo prices. The median sales price for a townhouse in Manhattan was $3.59 million in 2013 versus $2.7 million in 2004, a 33 percent jump, according to appraisal firm Miller Samuel. However, median condo prices saw a far more dramatic rise, jumping from $804,418 in 2003 versus $1.25 million in 2013 — a massive 55 percent increase. The average price per square foot of a townhouse — $1,144 — is less than the $1,484 condo average. (Averages, of course, are often skewed by the astronomical sales that have been more readily defining the condo market.) Sources point out that comparing the two types of housing can be tricky, since townhouse measurements include exterior walls and common space, while condos do not. Also, townhouses represent just a sliver of the residential market, accounting for less than 2 percent of transactions, according to Miller Samuel. And condos also get more expensive as they get higher in the building, while townhouses obviously don’t have that advantage. “There is an intrinsic difference in value,” according to Jed Garfield, managing partner at townhouse specialist Leslie J. Garfield & Co. “With a condominium, you’re getting all the services that are associated with that. Some people will pay a premium for a condominium for just that reason.” And that premium only seems to be increasing. Garfield said that in Chelsea, the average condo can fetch upwards of $3,500 per square foot, while the typical townhouse

would likely average $3,000. A 15 percentplus spread is the norm in almost every Manhattan neighborhood and it can be higher in certain areas, he said. “Those spreads are very real,” Garfield added. All of this isn’t to say that well-priced townhouses aren’t going into bidding wars. Maura Jarach, chair of the townhouse division at Keller Williams NYC, said she’s seen plenty of those. But she’s also seen a buildup of overpriced listings, where the sellers are unrealistic about how much their townhouse is worth. Others concurred. “[Townhouse] sellers are looking at the $90 million apartments and saying, ‘Oh my God, I have 6,000 square feet,’ ” said Linda Melnick, a broker with Stribling & Associates. “It’s like everyone’s child is gorgeous. You don’t see the flaws when it’s your own.” Unlike newly built condos, townhouses often require extensive renovations, which can be daunting given the age (and potential landmark status) of the 19th-century buildings that make up the majority of the city’s townhouse stock. Over the past few years, developers have recognized the potential profitability that the townhouse market offers and have given buyers the best of both worlds: new construction and newly renovated townhouses. Developers throughout the city have added townhouse components to larger condos complexes, such as the seven townhouses on Bethune Street at Superior Ink and the five forthcoming townhouses at the Greenwich Lane project. “There are people recognizing that they can make more money by building out the spaces and marketing to people who aren’t getting what they want in the co-op and condo market,” Forbes said. Read on for a look at some of the toniest townhouses to hit the market this year.


57 EAST 64TH STREET At this townhouse, the asking price of $44 million — or $3,142 per square foot — gets the lucky buyer quite the package. This five-story home, located a stone’s throw from Park Avenue, originally hit the market for $48 million in March. Amenities include a floor-to-ceiling fireplace in the paneled dining room, an elevator that fits six and wrought-iron detailing on the doors to the entry hall, as well as the staircase. There are eight bedrooms and seven full bathrooms. Giampiero Rispo of Domus Realty and Paula Del Nunzio of Brown Harris Stevens share the listing.

116 WAVERLY PLACE This 11,000-square-foot townhouse in Greenwich Village serves up seven bedrooms, seven full bathrooms and four half bathrooms across five stories. Listed for $34 million — $3,090 per square foot — it’s hard to ignore the home’s rooftop pool and hot tub that look out to the city skyline. An elevator connects all floors, and the home also comes with large picture windows on the rear façade. Peter McCuen and Jim St. Andre at Peter McCuen & Associates have the listing for the spread, which came to market in March.

Photo credit: Avant Gallery CONTINUED ON PG 20

Luxury Listings NYC  November/December 2014  19


LUXE LIVING CONTINUED FROM PG 19

278 WEST 11TH STREET Located between Bleecker and West 4th streets, this impressive 6,500-square-foot spread first hit the market in March for $30 million, then slipped to $27.9 million in July. The 25-foot home has outdoor space on nearly every floor and there’s also a roof deck, which looks out to the World Trade Center and the Empire State Building. The basement has a 1,200-bottle wine cellar and home gym. On the next level, the eat-in kitchen opens to the terraced garden. And just above this, there are 12-foot ceilings in the parlor. In sum, there are three fireplaces, four bedrooms and seven full bathrooms. David Kornmeier of Brown Harris Stevens has this listing.

30 WEST 85TH STREET The Upper West Side is known for its brownstones, and this nearly 7,900-square-foot spread, listed for $20 million, is a notable example. Situated between Central Park West and Columbus Avenue, this five-story home has an elevator and a finished basement, and it’s topped by a planted roof deck with a Jacuzzi. There are also seven bedrooms, seven full bathrooms and one half bathroom. Douglas Albert and Brian Rice of the Corcoran Group have the listing.

59 EAST 82ND STREET This renovated house, which dates to 1899, is located between Park and Madison avenues. Available for $17.2 million, the home’s interior square footage totals 8,300 square feet — that’s $2,072 a square foot — and can accommodate 500 more square feet in development rights. Inside, there’s a guest apartment, five woodburning fireplaces and bay windows. There are also five bedrooms, four full bathrooms and three half bathrooms. The 1,009 square feet of outdoor space includes a front garden, rear garden, terrace on the fourth floor and roof garden. George van der Ploeg of Douglas Elliman has the listing.

20  Luxury Listings NYC  November/December 2014

48 WEST 85TH STREET For $13.8 million, the buyer here gets a 7,000-square-foot townhouse just a half block from Central Park, plus four of the five stories delivered fully furnished. with Baccarat crystal chandeliers, Tiffany dishes, paintings, books, sculptures and furniture. As for the bones of the home, there are eight fireplaces, coffered ceilings, crown moldings and a hand-painted ceiling mural on the parlor level. There are also seven bedrooms, five bathrooms and a garden. Wolf Jakubowski of Brown Harris Stevens is marketing the property. 


Massive 5500 SF Full Floor Soho Loft Key-lock elev, great rm, chef’s kit, 4BRs, 3.5 baths, media rm, office. CAC, original arch details. $7.5M. Web #10236908. Tanner Garland 646-613-2626

Sutton Place Prewar 2-3BR, 2 Bath

New to the market – Privacy at 1 Sutton Place South

Hi flr, opn views over E 57th, 9'2 ceils. LR w WBFP, FDR, chef’s EIK, MBR suite. W/D. FS drmn co-op. $2.15M. Web #11388608. Barbara Evans-Butler 212-452-4391

Unique architectural details in this elegant, bright maisonette which was once owned by the legendary socialite, Marietta Tree. Beautifully decorated by Albert Hadley w dramatic private vaulted entrance, enormous entertaining space, 3-4BRs, library, 2 fireplaces & family room. $10.25M. Web #11406145. Kirk Henckels 212-452-4402

Carnegie Hill 3BR, 2.5 Bath Duplex

2BR, 2.5 Bath Duplex Just Off Park Ave

2BR, 2 Bth PH in East Village TH Condo

Penthouse on SPS with 2 Large Terraces

LR w 9'+ beamed ceilings & city views, DR, custom winding staircase, W/D. FS prewar co-op. $2.995M. Web #11388330. Bahar Tavakolian 212-434-7062

Grac LR, dining area, bar area, winding staircase, MBR suite. Renov & rewired. FS co-op. Pets ok. $2.595M. Web #11369855. Luisa LaViola 212-452-4409

2 WBFPs, chef’s kit w skylight, planted roofdk. W/D, CAC. $2.8M. Web #11325507. Mary Ellen Cashman 917-710-2655/Jane Gardner 646-526-7656

Newly renovated, WBFP, 3BRs, 4 baths, EIK, FDR, sunny with 4 exposures, partial river views. $4.5M. Web #10228845. Sharon Flynn 917-209-8771

Tribeca Condo w Terrace, Hudson Views

Private Sanctuary in Tribeca FS Condo

Lower Park Ave Condo w Wrap Terrace

Williamsburg 1BR/2 Bath Condo Loft

2BRs, 2.5 bths, double-height ceils, chef’s kitch & W/D. $4.05M. Web #10161803. Joan Merrill 212434-7082/Cornelia Van Amburg 646-613-2683

Prwr triple crnr loft, 4BR, 3 bth, 36 wndws, new kit. Appx 3525sf. $8.995M. Web #10920743. Susan Wires 646613-2653/Shannon Helms Wisniewski 646-613-2604

Renov EIK, large LR, split 2BR/2 full bths in FS bldg w roofdeck, garage, laundry & storage. $1.775M. Web #11368421. Jeffrey Stockwell 646-613-2615

13' ceilings, massive windws, open LR/DR/chef’s kit. FS bldg. $1.495M. Web #11288022. Layth Farage 646-613-2692/Mary Ellen Cashman 646-613-2616

The Right Broker Makes All the Difference. Over the past 34 years, Stribling brokers have successfully represented the world’s most discerning clients, offering an exceptional level of service, integrity and sophistication coupled with an in-depth understanding of the ever-changing real estate market. Stribling professionals embrace a wide range of tastes and styles, ensuring that each client is matched with the broker who can best assist them in buying or selling their home. STRIBLING.COM · UPTOWN 212 570 2440 CHELSEA 212 243 4000 TRIBECA 212 941 8420 BROOKLYN 718 208 1900 · EQUAL HOUSING OPPORTUNITY

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BATTERY PARK

UPPER WEST SIDE

10 WEST STREET APT PH | $118,500,000 The three penthouse apartments that comprise the entire top two floors of The Residences at the Ritz-Carlton, totaling 15,434 square feet of interior space, are available for purchase. The combination of these homes, incomparable on their own, would produce a penthouse unlike any other in the world with the potential for 12 or more bedrooms, 15 or more bathrooms, 20 foot ceilings, and at least three kitchens, complimented with multiple living and entertaining areas throughout the home; striking the perfect balance for entertaining and privacy. web# 261436 RYAN SERHANT 646 443 3739 ryans@nestseekers.com

MEATPACKING DISTRICT

3 RIVERSIDE DRIVE | $30,000,000 This astounding French Renaissance Revival mansion has 18 rooms, 4 terraces, 8.5 baths and 9 gas fireplaces. This 5 story home sits on a 95-foot lot and is 37 ft wide, 6 bedrooms with room for additional bedrooms if required. This approximately 11,000 square-foot showplace is filled with exquisite restored details. Grand sweeping mahogany and marble staircases, gilded ceilings, ornate restored doors. Stand out features are had carved mahogany wood doors and molding, stunning 1920 chandeliers throughout. web# 258594 CAROL FRIEDMAN 917 287 2308 carolf@nestseekers.com

SOHO

virtually staged

66 9TH AVENUE APT 6TH-FLOOR | $22,000,000 Gansevoort Market, more commonly known as Meatpacking District - offering exclusively a rare and highly anticipated opportunity to create a masterful, one-of-kind designer full floor residence triple exposure totaling approximately 5500 square feet with 100 square feet of private outdoor space. Currently, 6W, 6N and 6E total six bedrooms, seven bathrooms and three powder rooms. The proposed floor plan calls for five bedrooms plus housekeeper/nanny’s quarters, five full ensuite bathrooms with two powder rooms, his and her master suite dressing rooms, children’s media/play wing or screening room/wine entertainment wing plus windowed library. web# 333739 JESSICA C. CAMPBELL 917 621 7815 jessicac@nestseekers.com

139 SPRING STREET APT 3B | $5,950,000 Magnificent loft located above the Chanel Boutique on a cobblestone block in the heart of Soho, corner of Spring and Wooster Streets. This stunning gut-renovated masterpiece of a home delivers 2,520 square feet of living space comprising 2 bedrooms, plus a media room/home office, 2 full bathrooms, central air-conditioning and heat, 12 foot ceilings with designer light fixtures throughout. Situated over the quiet tree-lined side of Wooster Street, natural sunlight floods 5 massive paned windows into the impressive West facing great room all afternoon. No detail has been overlooked in this architecturally designed layout. web# 254254 RADO VARCHOLA 917 250 2458 rado@Nestseekers.com

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MIDTOWN

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MIDTOWN WEST

UPPER WEST SIDE

157 WEST 57TH STREET APT 39B | $13,950,000 Perched on the corner of the 39th floor with full Central Park views, this 2 bedroom, 2.5 bathroom home has undergone extensive renovations and customizations to create the ultimate, fully modernized and automatic home. Grand corner living room complete with wall-to-wall glass. web # 375581 KATHERINE SALYI 646 422 9766 | RYAN SERHANT 646 443 3739

478 CENTRAL PARK WEST | $2,281,000 - $4,000,000 Spacious, two-bedroom and three-bedroom units. Each unit is equipped with top-of-the-line Miele appliances, marble and fine stone bathrooms, carbonized bamboo floors and smartly laid out floorplans that utilizes each apartment to its utmost potential. web # 40779 HENRY NOVOA 917 623 6042

TRIBECA 148 READE STREET TOWNHOUSE | $18,000,000 6,800 sq ft residence with custom features throughout have been designed by Richard Gluckman. 5 bedrooms, 5 full, 2 half bathrooms, a terrace, a duplex roof garden, a media room, wood-burning fireplace, elevator, private garage, a central marble staircase, and designer finishes. web # 260606 RYAN SERHANT 646 443 3739 | KATHERINE SALYI 646 422 9766

MIDTOWN WEST

SOHO

FINANCIAL DISTRICT 20 PINE STREET PH 3204 | $2,495,000 Bold Armani design meets 1928 pre war. 1600 sq ft, 2 bd/2 bth 10.5 ft ceilings, ebony oak flooring, open kitchen: top appliances w W/D. Spa bathrooms: rain shower, deep soaking tubs. Spa amenities: spectacular roof deck, 2 lounges, lap pool, turkish steam spa, sauna, health club, massage services and more. All subways. web # 342628 IVY RAY 914 393 6896

22 RENWICK STREET PENTHOUSE 1 | From $6,350,000 Never before lived in, this stunning 4 bedroom, 2 and a half bathroom triplex penthouse enjoys 5 private outdoor terraces, including a huge roof deck with panoramic 360 degree views of the city. Spanning 2702 SF of interior space and 1380 SF exterior. web # 360424 RYAN SERHANT 646 443 3739 | OLIVIA ROBERTSON 415 902 6895

SOHO

25 COLUMBUS CIRCLE APT 55F | $4,650,000 New offering at the globally renowned Time Warner Center. Elegant 2 bedroom, 2 bath home. Rented at $12,000 per month until June 2015, it is currently available as an investment property. Perched on the 55th Floor, this dramatic space has River views from every room. web #340704 SABRINA SEIDNER 917 805 9475

UPPER WEST SIDE

TRIBECA

497 GREENWICH STREET APT 2C | $3,150,000 This airy and open 2 bedroom, 2 bath condo is located in the modern Greenwich Street Project building in West SoHo, designed by renowned architect Winka Dubbeldam. The second-floor unit’s architecturally distinctive layout uses an open loft plan free of interior divisions. web # 375580 REGIS ROUMILA 646 924 4389

101 WARREN STREET APT 2130 | $3,300,000 Open city views in this 2 bedroom dream home with 2.5 bathrooms in Tribeca’s most celebrated luxury loft building. This apartment has gorgeous 10 foot floor to ceiling windows with unobstructed city views, generous room sizes, massive closets/storage space and separate dining space. web #343843 JASON GRAUERHOLZ 908 797 3607 | DANIEL BLATMAN 917 297 8575

UPPER EAST SIDE

732 WEST END AVENUE APT 10TH FLOOR | From $3,242,000 Last high floor home with phenomenal river views at this boutique condo building! Pre-war warmth, floor to ceiling windows, vented washer/dryer, modern fireplace, balcony and river views! Full floor with west and east exposure! Sponsor unit -- no board approval. web # 264228 SABRINA SEIDNER 917 805 9475

LONG ISLAND CITY

LONG ISLAND CITY

201 EAST 80TH STREET APT 4G | $2,300,000 A rare and beautiful corner two bedroom unit at The Richmond with completely renovated kitchen boasts all top of the line appliances, the living room is on the southwest corner of the building, the master bedroom en suite has two large closets, one a walk-in. web # 319072 ROSEMARIE BERNARD 917 621 7815

5-09 48TH AVENUE APT 7E | $1,698,000 This stunning corner, unique and massive 2 bed with 2 full baths at the luxurious 5SL lofts is a one-of-a-kind home. It boasts a master bedroom with 2 huge walk-in closets, a sprawling master bath with double sink and a private access to the grand outdoor terrace. web #70180 SILVETTE JULIAN 917 846 3942

WILLIAMSBURG

4630 CENTER BOULEVARD PH A | $4,998,000 3 bedroom penthouse with an expansive wrap-around terrace boasts an impressive cathedral ceilings, an elegant and sprawling sun-drenched living room with a fireplace, floor-to-ceiling all-glass windows, two separate sliding doors that lead to the dramatic wraparound terrace. web # 73431 SILVETTE JULIAN 917 846 3942

WILLIAMSBURG

WILLIAMSBURG

34 NORTH 7TH STREET APT 7K | $1,225,000 Spacious duplex loft in the top full service luxury condominium in Williamsburg. Steps from the waterfront and East River Park, this 1BD/1.5BA apartment offers fantastic light and soaring 18’ floor-to-ceiling west facing windows. web # 335863 BRADLEY MOHR 626 945 9857 | RYAN SERHANT 646 443 3739

149 SKILLMAN AVENUE APT 3B | $1,250,000 This 1100 square foot condo has 2 bedrooms, 2 baths, with modern and sleek finishes. The master bedroom boasts light, extra closets, en suite bath. The 2nd bedroom is spacious and bright as well. It has its own private balcony off the dining area, private rooftop area with city views. web # 360404 BRYAN ATIENZA 646 321 1601 | RYAN SERHANT 646 443 3739

34 NORTH 7TH STREET 5ON | $1,850,000 Brand new to the market...Come and see your dream home! This stunning two bedroom, two bathroom corner residence is providing breathtaking protected city and water views through it’s floor to ceiling wall of glass windows and of course from it’s spectacular wrap around terrace.. web # 360651 ALEX DIETRICH 347 889 6586 | MELVIN CARO 917 825 8285

SOUTHAMPTON

W AT E R M I L L

BRIDGEHAMPTON

EAST HAMPTON

MIAMI

BEVERLY HILLS

20 Main Street, NY

688 Montauk Highw ay, NY

2397 Montauk Highw ay, NY

75 Main Street, NY

1111 Lincoln Road, FL

271 N. Canon Drive, C A

631 287 9260

631 353 3047

631 353 3427

631 324 1050

305 531 7200

310 278 8861

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DESIGNER DIGS

Social function

Top designer Jamie Drake’s sleek West Chelsea apartment is perfect for entertaining

T

BY ZACHARY KUSSIN ake a cursory glance around A-list designer Jamie Drake’s lavish 3,000-square-foot pad and you’ll find some luxe trappings befitting an open and airy downtown home: Floor-to-ceiling windows that look out to the Hudson River, a spacious loggia with seating and a vast open kitchen area. And what most attracted Drake to the home was the simple shape of the floorplan, which accentuates that openness: In particular, the oversized, square-shaped living room with 16-foot ceilings. “I look for spaces that have good layouts for entertaining,” said the designer — whose lengthy client roster includes Madonna and Michael Bloomberg — who moved to West Chelsea just over three years ago. “I envision rooms of people having a good time.” Looking around, you’ll find Drake’s signature funky flair and pops of color throughout the interior. The space is edgy yet comfy, clearly showing off the skill of a designer who has garnered the industry’s top accolades, including a place in Interior Design Magazine’s Interior Designer Hall of Fame. Inside his home, those open living areas — yes, areas — are conducive to parties. Drake bought the apartment at 200 11th Avenue in 2007, while the Annabelle Selldorf-designed property was under construction. When his unit was completed, a challenge presented itself: A large column in the middle of the living area. To work around this obstruction, Drake sheathed the fixture with a wrap-around, 72-square-inch shelving unit made of ebonized oak and braided stainless steel and brass, dividing the area into two distinct spaces. Both spots have large sofas and comfy chairs, but they serve different purposes. One side is a dedicated television area, whereas the gadget-free opposite side lends itself to intimate conversation over cocktails. A Crestron system unites everything in sound, which on this day plays present-day pop divas: Lady Gaga, Adele, Beyoncé. There’s no dining table in sight; Drake’s public areas are designed as flexible, informal entertaining space. But if that’s not enough room, he can set up additional seating and an extra bar in his private garage. “It was lounge part two,” he said of the overflow zone which he once used at a large party.

24  Luxury Listings NYC  November/December 2014

A seating area displays a bright photograph by Thomas Ruff. (ABOVE): Drake, next to the island and lamp he designed.

But make no mistake: Socializing in Drake’s garage isn’t a throwback to sneaking cigarettes and shotgunning beer cans in your parents’ carport. Though the space may be designed as a place to park a car, it’s one of the most buzzed-about amenities in the city: a “Sky Garage.” (For more on private parking garages — one of the city’s most luxurious extras — see page 28.) Drake’s garage is accessed by a drive-in elevator that allows you to park your car right next to your high-floor home. There’s no car parked there today, but there’s a shelving unit displaying decorative antique gears, as well as a full box of Dom Perignon, presumably on reserve for the next gathering. Design consultant James Spodnik, a friend of Drake’s who this afternoon is arranging flowers for our photo shoot, refers to this wallpapered space as “kind of a studio apartment for his car.” Drake — who opened his own design firm in 1978, upon graduating from Parsons — generally entertains between 30 to 50 guests several times each month. He’s planning on a holiday party for 100 invitees — more intimate than last year’s 350-person soiree, or his 250-guest fête in 2012, which featured cabaret star Lady Rizo performing with a small band.

If there isn’t a performer taking the spotlight, elements of the interior make good conversation starters — some of which were designed by Drake himself, including a long, white Corian island detailed with gold glitter designs, which often functions as a bar and buffet. Just above this hang two Drake-designed pendant lights made of hand-blown amber glass and steel frames. (Known as Limelight, it’s now in production with Boyd Lighting.) Concrete and tar hues are throughout the home: grey plaster finish extends from the walls to the ceiling; there’s black cabinetry and a mirrored backsplash in the kitchen; the hardwood flooring is dark. Drake’s affinity for neutrals is also reflected in his wardrobe — on this day, he’s wearing denim jeans, a blue-and-white dotted shirt and a navy blue jacket — making one wonder why he was dubbed the “King of Color” by House Beautiful magazine. “I realized that my power as ‘King’ was how I utilize color,” Drake explains, sipping on an espresso and taking drags of a More brand menthol cigarette. “The color is used as a very spicy additive. It’s like making a chili: You feel the heat, but it’s mostly beans and beef.”


Pops of color and playful touches are on display throughout the 3,000-square-foot home, which has two living areas.

“I like spaces and details that have a sense of humor.” —Jamie Drake

PHOTOGRAPHED BY STUDIO SCRIVO CONTINUED ON PG 26

Luxury Listings NYC  November/December 2014  25


DESIGNER DIGS CONTINUED FROM PG 25

The vivid art on display throughout Drake’s home certainly brings the spice. A large, colorful, framed self-portrait by noted artist Chuck Close hangs near the foyer. One of the living areas prominently displays Thomas Ruff’s “Substrat 24 I” photograph, showing a saturated blend of reds, greens, yellows and blues. In one seating area, a faux antelope head sports a bondage-style black leather mask with a silver zipper. It’s a far-out piece by Michael Combs, and Drake says it’s supposed to invoke thoughts of whether the animal is in a state of submission or actually empowered by its kinky accessory. “I like spaces and details that have a sense of humor,” Drake said, defining both his personal and professional design aesthetic. “I’m not looking for a belly laugh, but I like that ‘Oh my! What’s that about?’ kind of look.” In the master bedroom, Drake selected choice colors that stand out in primarily dark grey settings. The bed, with grey linens, is framed by pink and coral nightstands, as well

Drake’s glam garage is both a place to park and host guests. (LEFT): The glittering kitchen island.

as a pink headboard. The bed is in the very middle of the room and rests on a carpet that bears the same grey, pink and coral shades. High above the bed is a recessed pink mirror. For some extra fun — and a nod to his sense of humor — the shelved headboard of the bed shows a small statue of two squirrels mid-coitus. Drake — a native of New Haven, Conn., who has lived in Manhattan for 39 years — previously owned a condo in the Flatiron District. He then lived in a rental for four years while he waited for his current digs to be completed. Viewing his move west as a fresh start, Drake largely bought new furnishings. He had some help outfitting the digs from the folks at the Alpha Workshops — a non-profit organization that provides HIV-positive

The guest bedroom. (ABOVE): Pink accents pop in the master bedroom.

people with training and employment in the decorative arts. “Their hand is here in so many elements of my apartment,” said Drake, who is the chairman of the board. They lent their efforts to the grey plaster finish on his walls, the tall, gilded lamps in his living area, as well as making the crimson wallpaper in his powder room. “I don’t change very much,” Drake said of his home’s decor. “I sort of feel that when I’m done I’m pretty much done … I try not to be too additive; you can always accumulate and buy more and more and more, but then the spaces become very cluttered.” “I think we all look for a space that speaks to us — that we walk in and feel like, ‘Ah, this is home,’” he adds.


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GLAM GARAGES

The condo at 12 East 13th Street will have 11 automated parking spaces.

A pretty penny for parking

It’s not just about having the Maybach. It’s having a private place in NYC to park it that’s the ultimate luxury

F

BY ZACHARY KUSSIN

orget the yoga studio, forget the rooftop pool and forget the gym: Parking is what really distinguishes a building as top-of-the-line. “Parking is the single most important amenity a building can have,” claims Richard Cantor of Cantor-Pecorella, a residential brokerage, who’s handling sales at two downtown buildings with parking. But as the cachet of onsite parking increases, so, too, has its cost. The 10 underground parking spaces at the new development 42 Crosby Street — which will cost an eye-popping $1 million apiece for a 99-year lease — nabbed headlines in September. And they are hardly alone among highpriced, luxe parking spaces proliferating in new condos around the city. One of Cantor’s projects, the 53-unit 443 Greenwich Street in Tribeca, has 15 spaces in a garage that boasts vaulted ceilings, chandeliers, terracotta flooring and an electric charging station for each spot. Pending city approval, prices here will range from $775,000 for a regular space to $1.5 million for a special double space. Cantor is also marketing 12 East 13th Street — a former parking garage — which has 11 automated spaces for the building’s

28  Luxury Listings NYC  November/December 2014

eight apartments. Spaces here are built into the price of every apartment, but the three left on reserve cost $500,000 each. The condo at 123 Baxter Street has an automated system, too, at its attached 68-spot public parking lot, where non-residents can also park. They cost $500 monthly, but $650 monthly for a luxury vehicle, such as a BMW, Corvette or Aston Martin. Of course, parking in this notoriously crowded (and well-served by public transit) city has long been viewed as an extravagance — residents either need the luxury of time to circle side streets for an elusive place to park, or be willing to fork over a hefty sum for a spot in a garage. And the super-wealthy have the ability to cook up creative solutions, like funnyman Jerry Seinfeld, who spent $1.4 million over a decade ago to build a private garage on the Upper West Side for his vintage Porsche collection. But now, however, as a profusion of parking areas are being sold for development, the number of parking spots throughout the city has markedly decreased: In, 2010, there were 102,000 off-street parking spaces, according to the New York Times; back in 1978, there were 127,000 spots available. The parking situation is particularly dire

downtown: About a third of the land below 59th Street used for parking has been snatched up by developers in the past 11 years, according to city data cited by our sister publication The Real Deal. Of the 31 parking lots between West 30th and 42nd streets, over half will give way to construction or are owned by development companies. Also, six lots and garages located on the High Line are similarly slated for development or owned by developers; a site at 34th Street and 10th Avenue will also give way to a multi-billion-dollar office tower. “200 11th Avenue made parking sexy in New York,” said Urban Compass’ Leonard Steinberg, who handled sales at the Annabelle Selldorf-designed condo when it launched in 2007, when he worked for Douglas Elliman. The building generated considerable buzz due to its “Sky Garages” — private, apartment-level parking spaces that are accessed through a large elevator with Jetsons-style doors that open from the top and bottom. (For a peek inside a home in the building, please see page 24.) Steinberg now has the co-exclusive listing (alongside Nest Seekers’ Ryan Serhant) for one of the penthouses in this building. Parking directly outside your apartment


The Sky Garages at 200 11th Avenue have generated buzz for years.

“combines that ‘wow’ factor as well as convenience,” he said. Since the Sky Garage building (as it’s known) opened, parking in Manhattan has only become tougher to get — and onsite parking has become the ultimate luxury. “There’s so little parking, really, that it’s becoming a really highly sought-after amenity,” agreed Raphael De Niro of Douglas Elliman, who handles sales at 27 Wooster Street, which has four spots on offer for $500,000 each, plus another parking spot that comes with the building’s penthouse. And that’s exactly why developers are taking the step of incorporating parking into their buildings. “We see it’s becom-

ing more and more of a valuable commodity,” said Dan Hollander, the managing principal of DHA Capital, which is developing 12 East 13th Street with Continental Properties. But make no mistake. As lucrative as having parking can be for developers, it’s not nearly as straightforward an amenity as having a concierge or a pet spa. Parking places are controlled by zoning, and in Manhattan — specifically below East 96th Street and West 110th Street — limitations are strict, according to land-use lawyer Jay Segal. In most of Manhattan south of 59th Street, new buildings are limited to one spot for every five units.

“In order to have more [parking spaces] than allowed, you need to get a special permit from the City Planning Commission,” Segal said. Pursuant to the city’s Uniform Land Use Review Procedure, this process could take 18 months to two years, he added. But there are some workarounds. At 12 East 13th Street — thanks to its former use as a Hertz rental car garage — the project was able to get parking qualified as an “accessory use” for the building. “If they can get it,” said De Niro of developers incorporating parking into their buildings, “they will do anything they can to get it.”

The garage at 443 Greenwich Street boasts vaulted ceilings and terracotta floors.

Luxury Listings NYC  November/December 2014

29


INTERIORS

Guest gets the best Top tips on welcoming visitors in NYC, whether you have 10,000 square feet or 100 A touch of class: freshcut flowers

BY LUCIA DE STEFANI

T

he holiday season is approaching, and chances are if you’re not headed out of town, some folks will be visiting you. Perhaps your longtime friends are breezing through, and you can’t wait to welcome them in your cozy guest room. Or maybe you’re crazed to find

IF YOU HAVE A GUEST ROOM If you’re fortunate enough to have a spare bedroom, the real care is in the details: fresh-cut flowers, up-to-date glossy magazines and plenty of pillows are the essentials for a welcoming stay. Everyone agrees that good hospitality starts with bedding: “People like when they travel to luxurious hotels and see that clean, crispy bedding,” said Dana Battista, an interior designer based in Greenwich. Battista said that a good strategy is to use plain, monochromatic sheets — it feels more hotel-like. “Layers are very important in a guest room,” adds Susana Simonpietri, creative director at Chango & Co., a New York interior design firm. “Some people get really hot at night and some people get very cold, so you shouldn’t only supply one duvet and a sheet. It is nice to leave them with that and a blanket so that they can choose.” Pillows, too, play a crucial role: “I do three layers of pillows on the bed so if someone wants to sleep a little bit higher up — like an almost seated position — they can, and if they want to take them all off, they can put them on a chair and sleep only on one pillow,” Simonpietri said. Also, don’t overlook fragrance. “New York is a pretty stressful place for people who come visit; if they can

A Murphy bed is perfect for a transitional space, like a home office.

IF YOU HAVE EXTRA SPACE —  BUT IT’S NOT EXACTLY A BEDROOM

Suppose you almost have a spare room — say, a home office or a den. There are ways to make the space more welcoming to guests, such as removing personal items from the room’s wardrobe, so visitors won’t have to live out of their suitcases during their stay. Murphy beds are a great solution for small spaces, turning a home office into a comfy bedroom in a few easy steps, saving the hassle

30  Luxury Listings NYC  November/December 2014

space for guests in your upscale but hardly spacious one-bedroom. Whatever the availability for your flat — whether you have the luxury of a spare bedroom or you occasionally have guests bed down on your sofa — here are some tips that will make a great host out of you.

It’s the details that make a guest room comfy. Bonus: These Castro Convertibles ottomans also convert into beds.

have a little comfortable retreat, with an aromatic candle that makes them feel more relaxed, that is always nice,” Simonpietri adds. “Make sure you’ve laid out everything your guests might need during their stay in plain sight,” said Brooke Stone, CEO of Gyst, an online concierge service company that helps New Yorkers with everyday errands and design needs. “Setting out bath towels, an extra pillow and a glass ready for bedside water communicates you are happy to have guests in your home and have thoughtfully prepared for their arrival.”

of moving furniture around. “You just pull the bed out of the wall, and it’s fantastic,” said Battista. “So you have an office space — the desk and the computer, the chairs, the built-in bookshelves — but in the wall is a bed. You just pull it down and the person can shut the door and sleep, and then it just goes back into the wall and goes away.” If you don’t have the room for a Murphy bed — or simply don’t want one — solutions are numerous, said James Spodnik, an interior designer based in New York: convertible sofas, sleeper ottomans, futons, inflatable beds. “Have the sofa already open, and make it look like a bed with a lot of pillows behind it,” Simonpietri suggests. In this way, guests will understand that the room is theirs. “Be sure you have created a space for your guests to claim as their own during their stay,” said Stone. “Add empty containers, and let your guests know they are there for them to use as they wish.” Stone advises investing in a simple garment rack if you lack closet space, as well as inexpensive luggage racks for guests’ suitcases. “It will communicate you have made every effort to be sure they can claim the designated area for their own, even though it may not be a traditional guest room,” she said. Of course, if this room isn’t a spare bedroom, chances are it’s packed with your belongings. If so, it’s important to plan ahead. “Furniture for this room should be slim and minimal, any small storage should be stackable or collapsible,” Stone suggests. Such multifunctional pieces can easily be moved to other locations in your apartment, making space for your guests without creating clutter.


(RIGHT): A room at the Park Hyatt (FAR RIGHT): Some rooms at the Ludlow boast LES views.

Credit: ©Donna Dotan Photography

IF YOU LITERALLY HAVE NO ROOM TO SPARE Don’t get discouraged — even the tiniest of Manhattan apartments can accommodate an overnight guest. If you don’t have a sofa bed, chances are you’ll need an air mattress, “preferably with a pump built-in, to keep plugged in into the wall, so that guests can inflate it at night,” said Simonpietri. Spodnik suggests an elegant shoji screen, the Japanese divider made out of rice paper and wood. “The screen can isolate the area with the blow-up bed and give guests the privacy they need,” he said. (Shoji screens separate a space while also allowing light to permeate — a perfect solution for those with minimal windows in their living rooms.) Even if you’re low on square footage, you can still treat guests with something extra: “A wonderful handmade straw basket filled with two fresh towels, fabulous chocolate and a bottle of wine,” suggests interior designer Regina Kay. Remember good manners: “Don’t linger in your living room too late at night,” Stone said. “Your guests may want to rest up for their next day and

can’t go to sleep until you get out of their area — and they will never ask you to leave your own living room.” A good practice — even more so if the room may lack some comforts — is to prepare a cheat sheet. “Include anything specific to your apartment your guests might need to know, but may be embarrassed to ask,” Stone suggests. “How to adjust the heat or AC, the Wi-Fi password, how to turn on the shower using your pre-war knobs.” Of course, sometimes the cost of a hotel pales in comparison to the cost of losing a friendship over sharing tight quarters. If you’re truly not prepared to have overnight guests, then NYC has no shortage of new, top-tier hotels to check into, including the Park Hyatt New York — the first five-star hotel to open in the city in more than a decade. Occupying the first 25 floors of the ultra-luxe condo One57, the glamorous hotel’s 210 rooms start at $795. If you or your guests are more downtown types, check out the Ludlow, the latest hotel from Sean MacPherson (the force behind the Jane and the Maritime hotels). The chic-yet-gritty space has 184 rooms starting from $325. 


COOL CONDOS

Hello sunshine

Miami buzzes with record-setting residences, famous architects and glistening new nabes

I

BY JENNIFER WHITE KARP f your sense of the Miami condo market is one of half-finished towers and foreclosure notices, it’s time for a new perspective. The market there is booming in a way that redefines thriving. Consider this: In the past six months alone, nearly 80 new residential towers have been proposed in South Florida. Nearly 40,000 new condo units in MiamiDade, Broward and Palm Beach counties have been announced since 2011, and nearly threequarters of these are intended for Miami.

It’s not just the number of high-rises planned for Miami that’s impressive. The look of the city is set to change: Projects by renowned architects like Zaha Hadid, Richard Meier and Rem Koolhaas will give the city a world-class, futuristic look. But Miami’s transformation isn’t only about the increasing array of modern, superluxe places to live. The city is also undergoing a cultural transformation across the board: The 21-block Design District, for example, continues its makeover into a hotspot

for contemporary art, fashion and high-end retail. Coral Gables has seen an influx of high-end restaurants, while Brickell, Miami’s banking and business center, is increasingly the kind of place where people want to hang, dine and live. With condo prices hitting record highs — while, at the same time, remaining far cheaper than Manhattan — it’s enough to make you question why you live in New York City in the first place.

2701 S. BAYSHORE DRIVE

PARK GROVE

Coconut Grove is shedding its slightly scruffy image, thanks to projects like this one from starchitect Rem Koolhaas. New renderings released last month revealed the towers’ shapes, which are inspired by Biscayne Bay’s islands. Plans call for two 20-story, 72-unit condo towers and a third 20-story building with 140 units. Amenities include landscaped gardens, bay and city views, a pool with private cabanas and a business center. Prices at the project, which is still in the planning stage, start at $800,000. www.park-grove.com

9011 COLLINS AVENUE

SURF CLUB FOUR SEASONS Living at a Four Seasons property will be a reality for a lucky few in Miami. Prominent architects Kobi Karp and Pritzker-prize winner Richard Meier are designing this project in Surfside, which will have 150 homes and penthouses, as well as an 80-room hotel. Plans for the nine-acre oceanfront property will incorporate a historic building, the site of the original club that will be renovated to its original 1920s look. The project will also create two residential towers, a private club, two restaurants, four swimming pools and more than 40 beach cabanas. Construction began late last year and will be completed in early 2016. Condo prices start at $3.45 million. www.thesurfclub.com

32  Luxury Listings NYC  November/December 2014


17201 BISCAYNE BOULEVARD

MARINA PALMS YACHT CLUB Navy blazer? Check. White pants? Double check. Live the yachting life at Miami’s first yacht club and condo development in 20 years. Two 25-story towers will have a total of 468 units, with a full-service yacht club and a 112-foot marina with 112 boat slips. The project sits along 750 feet of waterfront in Aventura and offers views of the marina, the Intracoastal Waterway and the Atlantic. The North Tower is sold out; asking prices in the South Tower start at the low $400s per square foot. Sales launched in 2013 and developers expect to wrap up construction next year. www.marinapalms.com

1001 S. MIAMI AVENUE

BRICKELL FLATIRON

1300 S. MIAMI AVENUE

SLS HOTEL RESIDENCES As of September, units at the SLS Hotel & Residences — the first branded for-sale residences by the upscale Los Angeles hotelier — were nearly sold out. Designed by Arquitectonica — and featuring a dramatic hotel lobby from Philippe Starck — amenities at the downtown Miami project include a sky-top pool deck, outdoor dining and lounge, as well as a fitness center and spa. Chef José Andrés’ original restaurant concepts, Tres and The Bazaar, will offer a mix of dining options from casual to upscale. Prices start at $1.8 million and construction is slated to finish in 2016. www.slsbrickell.com

The building boom in downtown Miami is not the only connection the city has to downtown New York City. Soon, the area will get its own Flatiron building, which, like its Manhattan namesake, refers to the triangular shape of an old-fashioned clothing iron. Developer Ugo Colombo unveiled plans in April for his Brickell Flatiron residential tower, designed by architect Luis Revuelta. A total of 548 units are planned — a mix of one-, two- and three-bedroom residences and several duplex penthouses — along with a retail and restaurant component. The building will have a rooftop swimming pool, gym and spa. A second building is also planned. Prices will start at $485,000 and sales launched in the spring. www.brickellflatiron.com CONTINUED ON PG 34

Luxury Listings NYC  November/December 2014  33


COOL CONDOS CONTINUED FROM PG 33

2669 S. BAYSHORE DRIVE

GROVE AT GRAND BAY Bjarke Ingels is another bold-faced name bringing iconoclastic buildings to Coconut Grove. The architect’s Grove At Grand Bay project features two towers that appear to corkscrew into the sky. Residences will have 12-foot ceilings and 12-foot deep terraces with summer kitchens and glass walls. Both towers will feature rooftop swimming pools. Plans call for a glass enclosed tennis court and outdoor event space; children’s playground; state-of-the-art fitness center; private elevator access and climate-controlled parking garages and storage areas. Prices start at $4.84 million. www.groveatgrandbay.com

1000 BISCAYNE BOULEVARD

ONE THOUSAND MUSEUM Quite likely the most famous building slated for Miami right now is Pritzker-prize winner Zaha Hadid’s One Thousand Museum, which is planned for Biscayne Boulevard. The project features a concrete exoskeleton of curving lines, like a web, to make the tower windresistant. A penthouse is on the market for $45 million, listed for much more than any downtown Miami residential property has sold for. The two-level unit comes with a private pool. Prices in the 83-unit development start at $5.4 million. Demolition work recently commenced on the site. www.1000museum.com

2901 COLLINS AVENUE

THE RESIDENCES AT THE MIAMI BEACH EDITION No stranger to buzz, at $40 million, Ian Schrager’s new Miami project is the current record holder for most expensive condo sold in Miami. The residences sit on the top floors of an existing, landmarked 1950s building that contains the Miami Beach Edition hotel, as well as in an adjacent, newly-constructed 18-story tower. Residents have access to the amenities at the 294-room resort that’s part of the development, including a restaurant by Michelin-starred chef Jean-Georges Vongerichten, a gourmet marketplace, a lobby bar with an ocean view, as well as an entertainment area with a bowling alley, ice-skating rink and nightclub. Units are averaging more than $2,500 per square foot at the project, which is nearly completed. Late last month, three units sold to an undisclosed buyer for a total of $18.4 million. www.miamibeacheditionresidences.com 

6747 COLLINS AVENUE

BATH CLUB ESTATES A penthouse at this Miami Beach project may set a new price record for the Miami luxury condo market. Developer Don Peebles is asking $50 million for a 9,200-square-foot triplex, which has another 9,000 square feet of outdoor space. The five-bedroom unit is the second in the city to be listed at $50 million. Residences feature wraparound terraces with summer kitchens, private elevator access and two enclosed garage bays per residence. There’s also pool and beachside food, beverage and towel service. Prices start at $10 million. The project is in the planning stage with completion expected in 2016. www.thebathclubestates.com

34  Luxury Listings NYC  November/December 2014


ANNOUNCING

UNRIVALED AMENITIES

OCEANFRONT ESTATES IN THE SKY

ACQUALINA LIFESTYLE 速

COMING SOON 17885 COLLINS AVE, SUITE 504, SUNNY ISLES BEACH, MIAMI, FLORIDA 33160 T: 305.933.6666 WWW.ESTATESATACQUALINA.COM ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE SHOULD BE MADE TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. THIS OFFERING IS MADE ONLY BY THE PROSPECTUS FOR THE CONDOMINIUM AND NO STATEMENT SHOULD BE RELIED UPON IF NOT MADE IN THE PROSPECTUS. THIS IS NOT AN OFFER TO SELL, OR SOLICITATION OF OFFERS TO BUY, THE CONDOMINIUM UNITS IN STATES WHERE SUCH OFFER OR SOLICITATION CANNOT BE MADE. PRICES, PLANS AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE.


MANHATTAN MARKET ROUNDUP

SLIP AND FALL

Is Manhattan’s luxury housing market readying to take a tumble? BY E.B. SOLOMONT

F

The median sales price for resales — some 91 percent of the or the last few years, New York City’s luxury residential luxury market — was $4.49 million in the second quarter, up 17 market has been traveling in a singular direction: upward. percent from $3.85 million last year. But that didn’t keep pace But there are signs the trend may be reversing. with median prices in the luxury new development market, Top brokers said they’re seeing some skittishness and price which hit $17 million, a stunning 169 percent jump during the sensitivity at the highest reaches of the market. And frenetic same time period. building in certain pockets of Manhattan has some brokers concerned that developers could overload Luxury inventory overload the market with luxury condo projects. Despite the inventory crunch in the Of course, trophy apartments are overall residential market, the number of still trading for astronomical prices: luxury properties on the market is startThis spring alone saw two $70 million ing to rise. According to real estate apco-op sales (a record that was topped, praisal firm Miller Samuel, the number of in October, by an $80 million sale). And luxury apartments on the market in the during the second quarter, the average third quarter rose 47 percent from last price per square foot among the top 10 year to 1,626 listings. percent of residential sales in ManhatThe firm’s president, Jonathan Miller, tan hit a new record of $2,735 — a 48 attributed the uptick to new developpercent spike from five years ago. ments hitting the market in more force in Nonetheless, several top brokers recent months, and he predicted invenwarned that if prices climb too high, tory would keep edging higher. “I don’t buyers will revolt and the market will think there’s anybody in the new develstart to cool. Already, some say that opment space that doesn’t have some —KELLY KENNEDY MACK, sales of “older” luxury condos are conconcerns about a few years down the Corcoran Sunshine Marketing Group siderably slower than they once were. road, in terms of having too much prod“It’s plateaued,” said Douglas Elliman uct,” he said. broker Patti LaRocca, who added that Data from Corcoran Sunshine show a massive number of even some under-construction buildings are feeling the revernew units are set to hit the market in the coming months. Mack berations. projected 2,500 new development units would come online by But it’s not all doom and gloom. Luxury broker Leonard Steinthe end of the year, and that 6,000 would hit the market in 2015. berg, the president of Urban Compass, said the biggest recent That’s a far cry from the 8,000 new development units launched change is a scaling back in 2007, but it’s up 151 percent from 2013. from the frenzy that domiHigh-end apartments taking longer to sell nated the past 18 months. While the public perception is that New York City apartments The market “is reverting are selling fast, it’s now taking longer to sell high-end residential from an insane market to a properties. strong, steady market,” he The luxury absorption rate — desaid. fined by Miller Samuel as the time it Still, sources said if the would take for all existing inventory to luxury market starts softsell out — was 12.5 months during the ening, the rest of the marfirst and second quarters. That’s sigket could follow. Some ponificantly higher than the 8.7 months tential early warning signs: and 10.8 months posted in the final A dip in the number of luxtwo quarters of last year, respectively. ury contracts signed Listing discounts deepen “When everyone talks Listing discounts — the difference between the listing and about the market, they talk closing prices — hit 3.7 percent, on average, in the second quarabout the strength and ter, according to Miller Samuel. That means a unit listed for $5 excitement going on, but we are seeing less deals done,” said million would end up selling for $4.8 million. Kelly Kennedy Mack, president of Corcoran Sunshine Marketing While that discount is far lower than the 8.6 percent off that Group, whose data from the second quarter showed a 15 perthe market was seeing in the wake of the recession in mid-2009, cent drop in signed contracts, compared with a year ago. it’s up from the tiny 0.9 percent discount logged during the first According to Mack, the dip reflects a lack of units priced at $5 three months of this year. million or less, a byproduct of skyrocketing land prices that have Kirk Henckels, vice chairman at residential brokerage forced developers to build ultra-luxury properties and compete Stribling & Associates, said that buyers in the $5 million to for the same high-end buyers. $15 million resale market have been increasingly price senGrowing price gap between new condos and resales sitive since last April. “The whole resale market just kind of Sources expressed some concern about how the widening changed,” he said. gap between new condos and resales is exacerbating an imbalance in the market.

“When everyone talks about the market, they talk about the strength and excitement going on, but we are seeing less deals done.”

Number of luxury homes for sale jumped

47%

from the prior year

36  Luxury Listings NYC  November/December 2014

Average Q2 listing discount:

3.7%


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2 1

3 4

1) Evans Tower, a condo at 171 East 84th Street 2) The Penrose, a gastropub on Second Avenue 3) A rental apartment at 215 East 80th Street 4) Michael Chernow, co-owner of the Meatball Shop

HIP TO BE SQUARE Is the Upper East Side finally cool? And what does that mean, anyway?

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“I’ve found the Upper East Side is the only part of he Upper East Side has long been synNew York where I can relax,” a young PR executive onymous with taste, wealth and old told Teodorczuk. “I never thought I’d be here — I’m a people. But ironically, with prices soarDowntown girl — and I moved to the Upper East Side ing in much of Brooklyn, the neighborbecause it was the only place I’d never done any icky hood is becoming an affordable bastion damage! I’ve been sober for over a year so I don’t for young hipsters — at least according to UES resiknow much about the nightlife but the restaurants dent and Daily Beast writer Tom Teodorczuk. are full of good-looking twentysomethings.” In a recent essay, “Why the Upper East Side is Like so many things in NYC, it all comes down to now cooler than Brooklyn,” Teodorczuk chronicles rent. The average cost of an UES the ways in which the area is unone-bedroom apartment (without dergoing a renaissance. The piece a doorman) cost under $2,500 a was picked up by several web sites “The proportion of month in August, according to and blogs, attracting the ire of young and attractive data from real estate brokerage many commenters. “Let’s all move MNS. That is far under the $3,165 to the Upper East Side!” declared people living uptown average for one-bedrooms across the headline at Gothamist (which has shot up.” Manhattan, and still lower than the concluded its piece with, “That average $2,650 a month in Brooksettles it; let’s all move to Manito- —Internet entrepreneur Mark Dorosz lyn ($3,255 in Williamsburg). ba”). “Being cooler than WilliamsBut cheap rent — or, at least, relburg or Bushwick is setting the bar atively cheap rent — and trendiness does not equate kind of low,” quipped a commenter on Curbed. with cool, some insist. Ben Adler, writing for the Nonetheless, there is a sense the neighborhood website Grist, notes that the Upper East Side lacks is changing: “The proportion of young and attractive the fundamentals that make cool neighborhoods people living Uptown has shot up,” Mark Dorosz, an cool, namely: “diversity, dynamism, tolerant liberalInternet entrepreneur, told the Daily Beast. ism and transit accessibility.” And trendy places are following the new faces. “The Upper East Side is uncool because it is Recently, the Meatball Shop opened between 76th mostly populated with rich white people, it is too exand 77th streets on Second Avenue; as did the pensive to live there as an aspiring artist or to open Mark, a stylish bar in the Mark Hotel on Madison an experimental business there, and it is too hard Avenue at 77th Street; the gastropub Jones Wood to get to the happening neighborhoods from there,” Foundry at 401 East 76th Street and the cocktail bar Adler wrote. — Christopher Cameron Penrose at 1590 Second Ave.

38  Luxury Listings NYC  November/December 2014


NEIGHBORHOODS

UPPER EAST SIDE

Housing costs

Dining

Running down the numbers

Schmearing the town red

Average September sale prices Studio 1 bed 2 beds 3 beds > 3 beds

$415,752 $693,333 $1,650,836 $3,998,166 $8,151,137

Average September rents Studio 1 bed 2 beds 3 beds > 3 beds

$2,359 $2,824 $6,370 $10,189 $23,267

Source: StreetEasy

Fast facts

A stellar school, a beloved bar and a lavish lunch $41,350 Tuition at the Dalton School, located at 108 East 89th Street

77

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amed Lower East Side Jewish-American institution Russ & Daughters will open a cafe in the Jewish Museum early next year. The outpost —  which will serve smoked fish, among other delicacies — will be on the lower level of the museum, which is located at East 92nd Street and Fifth Avenue. “They’re really hip, and we want to try to make Jewish hip,” museum director Claudia Gould told the New York Times. Coming soon

Years the Subway Inn was in operation at 143 East 60th Street. The popular dive bar will vacate the space in December, but will reopen two blocks east, near Second Avenue.

$43

Price for the three-course prix-fixe lunch at Café Boulud at 20 East 76th Street. Options include baby gem lettuce salad, confit duck leg and a roasted fig dish.

Broken record?

A

triplex on the Upper East Side will be the city’s most expensive apartment ever when it hits the market for an eye-popping $130 million. Located at 520 Park Avenue, the home will measure 12,394 square feet and comprise the top three floors of the building. But wait, there’s more: This home will also be the neighborhood’s biggest, the developers told Bloomberg News. Sales here will start early next year.

Sources: Dalton School, Bloomberg, Café Boulud

Pricey digs

Ritzy rentals on the Upper East Side PRICE $115,000/month ADDRESS 15 East 80th Street

Celebrity watch

Model unit

TYPE/SIZE Townhouse; five bedrooms, eight baths, two half baths across five stories GET TOASTY The home features five fireplaces.

PRICE $90,000/month ADDRESS 25 East 77th Street TYPE/SIZE Condo; two bedrooms, two baths; 1,640 square feet LOOK OUT Enjoy wintry views to the south from the master bedroom. Source: StreetEasy

SUPERMODEL ELLE MACPHERSON sold her 6 EAST 68TH STREET apartment for $2.4 MILLION last month. She had owned the 1,800-squarefoot unit, which she used as a pied-a-terre, since 1993. Previously a two-bedroom home, MacPherson — who’s nicknamed “The Body” — converted it into a large one-bedroom. The pad features a home office with a fireplace, marbled bathrooms and hardwood flooring.

Luxury Listings NYC  November/December 2014  39


1 4

2 3

1) A home on the market at the Avery, at 100 Riverside Boulevard 2) The Chatsworth 3) An interior at the Orleans, at 100 West 80th Street 4) Verdi Square, adjacent to the West 72nd Street subway station

NEW IN TOWN

Neighborhood will soon welcome cluster of residential developments

A

ket report. Compare that to the median sale prices in s the preferred playground of the young red-hot downtown neighborhoods like Chelsea ($1.06 and affluent, Downtown Manhattan enmillion) and the Lower East Side ($1.05 million). joys the lion’s share of the city’s building “There is a renewed energy about the Upper West buzz. But as it turns out, the Upper West Side,” Margaret Streicker Porres, the president of Side is also having a moment. Newcastle Realty Services, told the Times. “There is According to the New York Times, about a halfgenerally a lot more attention being paid.” dozen developments are either underway or gearing Open houses in the neighborhood are drawing up for construction in the West 70s and 80s — most crowds. And Verdi Square, by the West 72nd Street of which are condo conversions of existing rentals. subway stop, has become an inMidsize conversion projects like creasingly popular hangout, acthe 14-story Chatsworth, located at “There is a renewed cording to the Times. 344 West 72nd, are the most typiDespite more apartments comcal. At the Chatsworth, 159 rental energy about the ing on the market thanks to the apartments will become fewer than Upper West Side.” building boom, analysts said inven100 spacious condo units, according to Ziel Feldman, HFZ’s founder —Margaret Streicker Porres, president, tory isn’t likely to change much. “We Newcastle Realty Services hear it from our brokers all the time. and managing partner, who is han‘When are we getting inventory?’” dling the conversion. “Generally, Gregory Heym, the chief economist for Terra Holdthe demand is for bigger and better,” Feldman told ings, which owns Halstead Property and Brown Harris the New York Times. He added that sales will start Stevens, told the Times. “There’s nothing to sell.” by year’s end, with asking prices set at about $2,500 Of course, change can be a mixed blessing. While a square foot. (That would mean $2.5 million for a developers see the Upper West Side as huge blocks 1,000 square foot apartment.) of apartments ripe for condo conversion, that vision In August, a plan was approved at the Orleans, a can come at a price to long-term residents. 26-unit conversion at 100 West 80th Street, at CoDevelopers see this neighborhood as having lumbus Avenue. Developers David Sterling and Nora untapped potential, Benjamin Dulchin, executive Lavori are selling apartments “as-is” as renters voldirector of the Association for Neighborhood and untarily move out. Housing Development, an advocacy group, told Not surprisingly, with the number of units shrinkthe Times. But what they see as “untapped potening in a neighborhood where inventory is historically tial” are residents’ affordable apartments, which tight, prices have been leaping skyward. The median is something the neighborhood needs, he said. sale price for an Upper West Side condo is now $1.45 — Christopher Cameron million, according to StreetEasy’s August 2014 mar-

40  Luxury Listings NYC  November/December 2014


NEIGHBORHOODS Housing costs

Business

Running down the numbers Average September sale prices $498,350 $822,773 $1,507,508 $2,197,473 $4,942,500

Studio 1 bed 2 beds 3 beds > 3 beds

UPPER WEST SIDE

Vicious cycle

Average September rents Studio 1 bed 2 beds 3 beds > 3 beds

$2,254 $3,073 $4,661 $7,908 $12,373

Source: StreetEasy

Fast facts

Middle age, buried treasures and a land before time 41.9 Median age of Upper West Side residents

1914

L

ookout for tighter tushes in the nabe. Cult spin studio SoulCycle will open a new location at 2465 Broadway in February. The 3,500-squarefoot studio — located in a three-story commercial building — will have 63 bicycles, men and women’s locker rooms, and will be located right next to an Equinox gym. And good news for the noise sensitive: The studio, known for its upbeat music, is likely to be soundproof. Strange happenings

The year a bronze time capsule was sealed by the Lower Wall Street Business Men’s Association. The capsule — supposed to be unlocked in 1974 — was opened in October at the New York Historical Society, at 170 Central Park West. Among the contents were an almanac and a telegram.

25

Length, in feet, of the giant pterosaurs’ wingspan. The flying reptiles are featured at the American Museum of Natural History through January 4, 2015. Sources: Census, New York Times, American Museum of Natural History

Pricey digs

Posh pads on the Upper West Side PRICE $62 million ADDRESS 211 Central Park West

Ruff stuff

D

o you mind lugging your doggie around? Let’s hope not if you live at Hawthorn Park, a new residence at 160 West 62nd Street. Building owner Glenwood Management prohibits dogs weighing more than 15 pounds — but in a new twist, building rules also require all dogs to be carried into the elevators, so no paws touch the lobby’s floor. A spokesperson says the policy ensures a “peaceful and safe environment.” Celebrity watch

The next generation

TYPE/SIZE Co-op; 10 bedrooms, nine baths, one half bath MORE IS MORE The three-unit combo boasts 24 rooms and 34 windows. PRICE $27.75 million ADDRESS 247 Central Park West TYPE/SIZE Townhouse; five bedrooms, six baths, two half baths; 10,745 square feet MUSEUM PIECE The staircase on the upper floors have a “Guggenheim sweep,” perfect for displaying art. Source: StreetEasy

PATRICK STEWART has made it so. The Star Trek actor and his former wife Wendy Neuss sold their 1,300-square-foot apartment on 118 WEST 79TH STREET. The apartment — which was bought by the couple in 2003 for $1.8 million — was listed for $3.8 MILLION. It had been Neuss’s full-time residence for the past 10 years. In addition to breathtaking views from the 1,100-square-foot wraparound terrace, the new owners will enjoy a diamond-cut skylight, high ceilings and glass French doors.

Luxury Listings NYC  November/December 2014  41


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3 4

1) 1407 Broadway, recently upgraded with $15 million in improvements 2) The neighborhood scene in the 1950s 3) Broadway’s new pedestrian plazas 4) The Skylark at 200 West 39th Street

ALWAYS IN FASHION With new shops and businesses, the Garment District goes upscale

R

Group. “There’s a more educated workforce, a typiesidents, retailers, technology and media cally younger workforce and, in some ways, a more companies that have been squeezed out voracious workforce.” of pricey neighborhoods like Chelsea are And it looks like that perfect storm is self-perpetufinding a new home in the Garment Disating. The Lightstone Group has spent more than $15 trict — the area defined by some as 41st million on improvements to its office tower at 1407 Street to the north, 35th Street to the south, Ninth AvBroadway and plans to pour another $15 million into enue to the west and Fifth Avenue to the east. the project, Marc Turner, a vice president at LightAs a result, the flavor of this once bleak comstone, told the Journal. The company is exploring mercial corridor is rapidly changing. Recently, coffee turning the rooftop into a bar/restaurant. bars, chocolate boutiques and upscale restaurants Hotels are also eager to move into the area. Since have been popping up amidst the district’s traditional 2005, the Garment District has fabric shops, according to the added 28 hotels and 10 more Wall Street Journal. Even trendy “In the past nine months are in the pipeline, Barbara Blair chains, such as Urban OutfitRandall, president of the Garment ters, are moving in. The retailer [the retail change] District Alliance, told the Journal. opened a large store on Broadis moving faster than And although residential pricway northwest of Herald Square es in the area are still fairly low, this year. I have seen in 30 years.” StreetEasy currently shows 20 “I’ve been working in this area —Bob Savitt, president, Savitt Partners listings in the neighborhood askfor 30 years and in the past nine ing $1 million or more. months [the retail change] is According to the Journal — citing an analysis by moving faster than I have seen in 30 years,” Bob Savitt, the Garment District Alliance of Department of Labor president of Savitt Partners, which opened a rooftop statistics — from 1995 to 2012, there was a 44 percent lounge called the Skylark at one of its Garment District drop in the number of manufacturing and fashion buildings last fall, told the Journal. wholesale jobs in the 10018 zip code (which includes In addition, the Broadway pedestrian plazas have much of the Garment District). been a hit with visitors, helping improve foot traffic to Nevertheless, the Garment District hasn’t comretailers along the corridor. Rents have doubled in the pletely lost its industrial character. “It won’t ever be past two years from roughly $125 to $150 per square like it was in the ‘80s,” designer Nanette Lepore, the foot of ground-floor space to $200 to $350, landlords creative director of the eponymous apparel company, told the Journal. told the Journal. “But there is still a strong manufac“It’s a perfect storm of events,” said Kenneth Hoturing element here.” —Christopher Cameron chhauser, executive vice president at Winick Realty

42  Luxury Listings NYC  November/December 2014


NEIGHBORHOODS

MIDTOWN

Housing costs

Developments

Running down the numbers

Live where you work

Average September sale prices Studio 1 bed 2 beds 3 beds > 3 beds

$730,000 $1,715,485 $4,029,346 $8,115,216 N/A

Average September rents $3,276 $4,285 $7,538 N/A $22,950

Studio 1 bed 2 beds 3 beds > 3 beds

Source: StreetEasy

Fast facts

Hell’s borders, a festive tree and traditional French eats 0.84

W

ork in Midtown? If you lived at 118 East 59th Street, you’d be practically home now. The 38-story tower is coming soon; there will be 29 apartments up for grabs (no word yet on whether they’re condos or rentals). Homes will average 2,000 square feet and there will be 6,326 square feet of dedicated commercial space. A completion date has not been announced.

Business

“Prime” location

Size, in square miles, of Hell’s Kitchen

3

Day in December when the Rockefeller Center Christmas Tree will be lit

$8.95

Price for an order of vichyssoise at Tout Va Bien, a French eatery at 311 West 51st Street near Eighth Avenue Sources: City-Data, Rockefeller Center, Tout Va Bien

A

mazon will open its very first storefront at 7 West 34th Street, across the street from the Empire State Building, according to the Wall Street Journal. The store will be a mini-warehouse where folks can pick up same-day deliveries, as well as make exchanges or returns. It will likely also be showroom for Amazon’s own products, like its new smartphone, its TV box and its e-readers. It’s slated to open in time for the holidays; the size of the store and the length of its lease are still unknown.

Pricey digs

Ritzy rentals in Midtown PRICE $55,000/month

Celebrity watch

Movin’ out

ADDRESS 157 West 57th Street TYPE/SIZE Three bedrooms, three baths, one half bath; 3,228 square feet LOOK OUT Enjoy Central Park views through floor-toceiling windows.

PRICE $42,000/month ADDRESS 400 East 51st Street TYPE/SIZE Five bedrooms, four baths, one half bath; 3,688 square feet LOVE IT? This home, which has 1,000 square feet of outdoor space, is also for sale for $8.5 million.

Source: StreetEasy

Piano man BILLY JOEL has tuned out of New York. The musician sold a one-bedroom apartment at 128 CENTRAL PARK SOUTH for $775,000, which was his very last property in the city. This home is just one floor below a penthouse in the same building that was under Joel’s name, which he sold for $11.4 million last year. He appears to be on a bit of a property-unloading streak, having sold his Hamptons home in July after it spent five years on the market.

Luxury Listings NYC  November/December 2014

43


1 4

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1) The cheese counter at Eataly 2) One Madison Park 3) The Museum of Sex 4) A necklace from Iosselliani

MAD ABOUT NOMAD A trendy, Euro vibe is evolving just north of Madison Square Park

N

At 4 West 29th Street is Iosselliani, a high-end oMad — the area bordered by the northItalian jewelry boutique, which opened in 2012; a few ern edge of Madison Square Park (which blocks down, at 220 Fifth Avenue, is the Belgian Beer gives the area its name), 30th Street, Café, which opened in August. In the spring, NoMad Madison Avenue and Avenue of the will welcome the flagship of Porcelanosa, a highAmericas — is undergoing a substantial end Spanish tile showroom, as well as the glorious change: It’s transforming itself into a shopping and comeback of Rizzoli Bookstore, which was recently dining mecca with a distinctly European flair. evicted from 57th Street. The 19th-century St. James Though the nabe has been on the rise since Danny Building, at 1133 Broadway, will house the spacious Meyer’s Shake Shack opened in the park back in 2004, 5,000-square-foot bookstore, the game-changer was the unadorned with wrought-iron veiling of the Ace Hotel on 29th chandeliers and cherry wood street in 2009. The wide, dark Since the Ace Hotel opened, bookshelves rescued from the lobby with library-style commumore European businesses Midtown location. nal tables marked NoMad as the Of course, not everything hot new destination neighborhave settled in the streets north new is Euro in flavor. Play, an hood. Stumptown Café opened of the iconic Flatiron Building. American bistro at the Museum there, next to the Breslin, the of Sex, opened just over a year Michelin-starred gastropub run ago, on 1 East 27th Street. Just by award-winning British chef a few steps away is Birch, a café that relocated from 5 April Bloomfield. Other trendy stores and lunch spots to 21 East 27th Street a few months ago. followed, markedly changing the nature of this area, And as new stores pop up, new residents are which was previously known for its wholesale stores ready to move in. One Madison, the thin 60-story and parking garages. skyscraper at the bottom of the park, which hit Since the Ace opened, more European businesses the market in 2013, will see celebrities among its have settled in the streets north of the iconic Flatiron residents: Rupert Murdoch and power couple Gisele Building: Eataly, Mario Batali’s 50,000-square-foot Bündchen and Tom Brady own apartments here. Italian gourmet market and multi-restaurant empoJust across the road, scaffolding will soon unveil rium, opened its doors in the summer of 2010; a year 10 Madison Square West, a 16-story luxury condo later, it was joined by Marimekko, a Finnish home slated to be finished by next year. And more housing textiles known for its bright, oversize prints. Parisian is in the works: Developer J.D. Carlisle plans to raise clothing boutique Maison Kitsuné opened in 2012 on a block-wide, 53-story residential building on 15 East the corner of Broadway and 28th Street, part of the 30th Street. — Lucia De Stefani lavish, Parisian-inspired NoMad Hotel.

44  Luxury Listings NYC  November/December 2014


NEIGHBORHOODS Housing costs

Celebrity watch

Running down the numbers

High five for Fallon

Average September sale prices Studio 1 bed 2 beds 3 beds > 3 beds

Average September rents

$661,103 $1,015,794 $1,996,212 N/A N/A

Studio 1 bed 2 beds 3 beds > 3 beds

$2,601 $3,421 $4,599 $6,911 $18,021

Source: StreetEasy

Fast facts

Listing prices, “mad” homes and fried chicken $1,425

GRAMERCY/FLATIRON

“T

onight Show” host Jimmy Fallon has expanded yet again at 34 Gramercy Park East. Fallon bought a top-floor studio home in the building for $725,000, which he plans to use as an office space. The funnyman now owns five units in the building: This past spring, he nabbed a $1.4 million fourbedroom home located just next to this studio. In 2002, he bought an apartment on the building’s seventh floor, then two years later bought a $1.5 million adjacent unit and combined the two. In 2010, he got an apartment on the eighth floor for $1.4 million. Big deal

Jenny from a new block

Median list price per square foot in Gramercy

3

Number of homes at the 125-unit 10 Madison Square West that are still up for grabs. They include a $35 million penthouse and a $14 million four-bedroom.

2

Styles of chicken served at Hill Country Chicken at 1123 Broadway. They include the classic,which is southern fried and seasoned, and Mama Els’, which is skinless with a crunchy cracker crust. Sources: Zillow, 10 Madison Square West, Hill Country Chicken

JENNIFER LOPEZ’s love don’t cost a thing — but her new home certainly does. The pop star is buying a penthouse at the boutique Whitman condo for $22 MILLION. The building, at 21 EAST 26TH STREET, is located on the northern end of Madison Square Park. She’ll have a famous neighbor: Former first kid Chelsea Clinton. NASCAR driver Jeff Gordon also has a place in the building, which has only four apartments total.


We define our neighborhoods as much as they define us.

25 West 39th Street 212.398.9800

110 Fifth Avenue 212.633.1000

26 Astor Place 212.584.6100

730 Fifth Avenue 212.242.9900

239 East 79th Street 212.929.1400

337 West Broadway 212.924.4200

530 LaGuardia Place 212.557.5300

88 Greenwich Street 212.269.8888

446 West 14th Street 212.604.0300

33 Irving Place 212.557.6500

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TOWN Residential, LLC (“TOWN”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage, LLC and Thor Equities, LLC. All property listing information, including, but not limited to, square footage, room count, and number of bedrooms are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect, engineer or zoning expert. This is not intended to solicit property already listed. TOWN’s owns the following subsidiary real estate brokerages: TOWN Astor Place LLC; TOWN Fifth Avenue LLC; TOWN Flatiron LLC; TOWN Gramercy Park LLC (“TOWN Gramercy”); TOWN Greenwich Street LLC (“TOWN Financial District”); TOWN Greenwich Village LLC; TOWN Soho LLC; TOWN West Village LLC; or TOWN 79th Street LLC (“TOWN Upper East Side”).


4 SUTTON PLACE

4 BR, 6.5 BATH • WEB ID: 565243 • $18 M JARROD GUY RANDOLPH 646.588.4320

55 NORTH MOORE STREET

4 BR, 3 BATH • WEB ID: 250018 • $10 M CLAUDIA M. SAEZ 646.790.7954 MARK DAVID FROMM 646.998.7487

410 WEST 24TH STREET

3 BR, 3 BATH • WEB ID: 943777 • $3.2 M SUSAN M. SINGER 646.545.5070

156 WEST 13TH STREET

4 BR, 4.5 BATH • WEB ID: 600152 • $13.85 M TED KARAGANNIS 646.998.7480

430 EAST 10TH STREET

4.5 BR, 3.5 BATH • WEB ID: 303796 • $3.998 M JOHN CARAPELLA 646.532.4904 DAVID SCHNEIDER 646.790.2602

247 W 46TH STREET

1 BR, 1.5 BATH • WEB ID: 932022 • $1.85 M SOFIA FALLERONI 646.300.6041


1

2

1) A rendering of 515 High Line, which features a fanciful mural. 2) Soo K. Chan, the founder of Singapore-based SCDA Architects

A POSTMODERN MARRIAGE Architect Soo K. Chan makes his U.S. debut on the High Line with a “curious hybrid”

T

to the east but recedes in the form of two setbacks he renderings of 515 High Line — a luxalong the north and south axis, representing a more ury condo designed by Soo K. Chan, intuitive and perhaps daring approach to architecture. the 52-year-old founder of SCDA ArchiAs with all neo-Modernist structures, the strength tects — look very promising. of this building’s linearity will depend upon the workThis project aspires to distinguish itself manship. Fortunately, earlier works in a similar style from others along the High Line, starting with its locareveal Chan’s excellent taste. His National Design tion: at the sharp bend the elevated promenade takes Center in Singapore shows the same modernist detail, at West 29th Street. This vantage point offers a relawhile its interior windows — a mix of glass, infill and tive rarity: views of the High Line on two sides. superimposed surface — recall those of 515 High Line. The building’s 12 “loft-style” units will cost from Though the building’s lower half is more traditional, $5 million to $25 million. There will be three pentit’s the upper half that will define it. house apartments with substantial Along the sides of the upper secprivate outdoor space, as well as tion, a layer of glass is superim22-foot-high ceilings. The project The building’s 12 “loftposed over the windows. Here, the is set to be completed in late 2015. style” units will cost from surface extends beyond the strucMore than an architect, Chan is also an entrepreneur and devel$5 million to $25 million. ture in irregular wave-like patterns. These continue throughout the upoper. He designed and owns Alila per section, as though they were Villas Soori, a luxury resort in Bali piercing it in so many slices, even though most are featuring Soori Living, a spa, and holds a stake in Bismerely flanges affixed to the surface. These flanges tro Soori, a restaurant he designed that’s next door to are themselves somewhat irregular; seen head-on, his firm’s headquarters in Singapore. He is also, quite they have a moiré effect. When seen from the sides, suddenly, a very busy man in Manhattan. In addition to they bring to mind the form of soundwaves. 515 High Line (located at 515 West 29th Street), the arChan finds the connection between the building’s chitect designed the nearby Soori High Line, which is seemingly irreconcilable styles. There is none of the being built at 522 West 29th Street. Together, the two forthrightness of Modernism, nor the spirited aggresprojects will represent the architect’s double-billed siveness of Deconstructivism, with its forced asymU.S. debut, joining other big-named architects in Chelmetries. At 515 High Line, one senses an indulgence in sea, including Zaha Hadid and Jean Nouvel. artifice intended to charm the viewer through delicacy, A curious hybrid, 515 High Line is a cross between rather than to overawe him through its unimpeachable neo-Modernism and Deconstructivist styles. The honesty and integrity. — James Gardner building consists of two parts: a boxy and rectilinear base, and an upper section that is flush with the base Gardner is the architecture critic for The Real Deal magazine

48  Luxury Listings NYC  November/December 2014


NEIGHBORHOODS

CHELSEA

Housing costs

Nabe news

Running down the numbers

Neiman Marcus coming to NYC

Average September sale prices $446,000 $1,046,594 $2,111,901 $7,372,660 N/A

Studio 1 bed 2 bed 3 bed > 3 beds

Average September rents $3,080 $3,911 $6,804 $11,236 $18,993

Studio 1 bed 2 beds 3 beds > 3 beds

Source: StreetEasy

Fast facts

Late-night munchies, roll call and a walk in the park 3

Time, in the morning, when Lucky’s Famous Burgers closes on weekends. Its location at 264 West 23rd Street is perfect for ending an evening of bar-hopping.

9

Types of sushi rolls on the menu at Cherry, an eatery at the Dream Hotel on West 16th Street. They include crunchy snapper, bbq eel and yellowtail jalapeno.

21

Day, in September, when the third section of the High Line opened to the public Sources: Lucky’s Famous Burgers, Cherry, Friends of the High Line

Pricey digs

Posh pads in Chelsea

C

haaaarge! After many months of speculation, Neiman Marcus will officially anchor the retail complex at Hudson Yards, located on 10th Avenue between 31st and 32nd streets. The space will be huge — the store will occupy a whopping 250,000 square feet on the fifth through seventh floors. This will be the department store’s first Manhattan location.

Developments

Rental of the Round Table?

N

ew ritzy rentals have arrived in the nabe. The Arthur, a high-end pre-war rental building at 245 West 25th Street, kicked off leasing last month. The six-story structure has 68 one- and twobedroom apartments. Prices start at $4,200 and cap at $4,950 per month. Amenities include a 24-hour doorman, a gym and a roof deck with seating and dining areas.

Business

Internet sensation-in-themaking PRICE $18 million ADDRESS 560 West 24th Street

PRICE $15 million ADDRESS 177 Ninth Avenue Source: StreetEasy

TYPE/SIZE Condo; four bedrooms, four baths, one half bath; 4,596 square feet across two floors

HIT THE BOOKS This home boasts a study with a wood-burning fireplace.

TYPE/SIZE Cond-op; four bedrooms, three baths, one half bath; 3,452 square feet across two floors

DRINK UP The pad has a 46-bottle wine cooler.

Y

ouTube now has a 20,000-square-foot space in Chelsea Market — a blend of production facility, video lab and video school — that will give content creators the tools to hone their web video craft. Similar spaces exist in London, LA and Tokyo. The effort is meant to bring YouTube in touch with media creators and the Internet’s new crop of talent. The space will also have the “BrandLab,” which will allow for networking between brands and video makers for potential collaborations.

Luxury Listings NYC  November/December 2014

49


1 4

2 3

1) Gansevoort Market in the early 1900s 2) The market has an outpost of Ed’s Lobster Bar. 3) Fare from Ed’s Lobster Bar 4) An illustration of the relaunched market

TO MARKET, TO MARKET A new food hall on Gansevoort Street honors the neighborhood’s rich past

A

a prototype of the market was born. “The Gansevoort, fter half a century, the Gansevoort Maror Farmers’ Market, is probably the most unique of the ket — the first and, at one time, the largmarts which this City possesses. It is devoted almost est open-air food trading post in New entirely to the sale of vegetables,” reported the New York — reopened in a new form last York Times in 1883. “The sellers are, as a rule, farmers month. A two-story brick building at 52 and small produce speculators, while the majority of Gansevoort Street, erected in 1854 and recently vathe buyers are licensed vendors and grocers.” cant, has been reborn as an 8,000-square-foot upIn 1884, the city institutionalized the trading, openscale food market within the uber-chic and gentrified ing the first municipally sanctioned public market in Meatpacking District. the country. As it expanded, buildings on and around The space partially opened the second week of Gansevoort Street became part October. Among the earliest venof the market business; space dors were Sushi Dojo Express, an was used as storage, offices and outpost of the East Village res“It’s a gathering place for loading bays. The building at taurant, Basque eatery Donostia, the community.” 52-58 Gansevoort Street — once and Ed’s Lobster Bar, which ofa tenement — was altered to its fered new shrimp-based dishes —Kathryn Potts, chair of education at the Whitney Museum present look in 1937, documents unique to the stand here. show. Over the years it was used Kathryn Potts, the chair of by food and delivery companies. education at the Whitney MuseIn this new iteration, instead of grocers and butchum — which is slated to open next year at the southers, Gansevoort Market teems with jetsetters and ern entrance of the High Line — dined with coworkers sophisticated locals. The new food hall honors its that week at Sushi Dojo Express. “There is a real need rich past: The original brick and cast-iron façade is of places like this in this neighborhood,” she said. still intact; an interior brick wall flanks the pergola, a “There are great restaurants but not places for lunch. sky-lit seating area topped by a glass pyramid and a Here there is real space to sit; it’s a gathering place vine installation. As befits any hipster hotspot, wood for the community, where neighbors, tourists and communal tables and vintage chairs provide seating. business owners can meet.” More stands are slated to open soon: Among them The new Gansevoort Market is a distinctly 21stis Heermance Farm from Tivoli, N.Y. The farm will sell century twist on the area’s history. Back in the 1860s, organic fruits and vegetables, as well as eggs, poultry farmers from New Jersey and Long Island crowded and dairy products, as per the old Gansevoort Market the streets in the northwestern fringe of Greenwich tradition. —Lucia De Stefani Village with ox-drawn wagons filled with produce, and

50  Luxury Listings NYC  November/December 2014


Luxury and Views at Metropolitan Tower To live in Metropolitan Tower is to experience the luxuries of hotel-style living at home. A six-star concierge service is available 24 hours a day, and will assist you with the in-house maid, laundry and valet services. The building features a state-of-the-art fitness center and indoor pool. Club Metropolitan is a private dining club for building residents with an outdoor wrap-around terrace. Metropolitan Tower is located next to Carnegie Hall and is a short distance from Central Park and prime Fifth Avenue shopping.

63B: Enjoy panoramic Central Park and skyline views through the floor-to-ceiling windows of this beautifully renovated 1 bedroom, 1.5 bath home. The large living room is perfect for entertaining. The cook’s kitchen is equipped with white granite countertops, lacquer cabinets, a Bertazzoni oven, a Fisher Paykel refrigerator and a Bosch dishwasher. Other features include a marble entryway, an office area with built-in shelving, customized closets and a Bosch washer/dryer.

59F: 1 bedroom, 1.5 bath residence that reflects the elegance of Metropolitan Tower. Southwest-facing floor-to-ceiling windows showcase lovely city views. The bedroom features a walk-in-closet and an en-suite marble bath with a luxurious Jacuzzi tub. The unit has two other large closets and a second marble bathroom off the foyer.

38D: Beautifully furnished 2 bedroom, 2 bath rental with floorto-ceiling windows showing dramatic park and city views. Superbly renovated with Veneto Glass floors, pre-weathered zinc paneling throughout, Maple Alaska wood bedroom floors and designer kitchen. Also features a home office, master suite with Jacuzzi tub and Miele washer/dryer.

Howard Morrel Team +1 917-843-3210 Howard.Morrel@evusa.com Engel & Völkers NYC 430 Park Avenue · 11th Floor · New York · NY 10022 · USA · Phone +1 212-616-7600 nyc@evusa.com · nyc.evusa.com

©2014 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.


GREENWICH VILLAGE

NEIGHBORHOODS

Housing costs

Nabe news

Running down the numbers

Megabucks manison

Average September sale prices Studio 1 bed 2 bed 3 bed > 3 beds

$588,428 $998,998 $2,801,268 $6,040,000 N/A

Average September rents Studio 1 bed 2 beds 3 beds > 3 beds

$2,854 $3,793 $6,654 $11,285 $17,833

Source: StreetEasy

A

private mansion in the West Village located at 802 Greenwich Street sold for $42.5 million, making it among the priciest homes of its kind to ever sell in Manhattan. The property was owned by oil heiress Hyatt Bass, who, along with her husband, bought the 12,000-square-foot spread for $7.5 million in 2001. The couple reportedly never lived there, though they enlisted architect Annabelle Selldorf to convert the former film studio into a luxury townhouse.

Fast facts

Belgian brews, brunch options and the greening of Sheridan Square 8 Number of beers on tap at Vol de Nuit, a Belgian beer bar at 148 West 4th Street. They include Delirium Tremens, Leffe Brune and Stella Artois.

$13.95

Price per person for the weekend prix fixe brunch menu at the Riviera Café, 225 West 4th Street, which includes one hour of unlimited Bloody Marys, mimosas or champagne

1982

Year when Sheridan Square made the transition from a paved triangle to a garden

Big deal

Dafoe departs

A

ctor Willem Dafoe sold his 67 Perry Street co-op for $2.9 million. He bought the two-bedroom, two-bathroom home in 2005 for $1.6 million; the Academy Award nominee listed the spread for $3.1 million. But fear not, Village denizens: Dafoe is not moving far. He recently bought a penthouse co-op at 68 Jane Street for $4 million.

Sources: Vol de Nuit, Riviera Café, GVSHP

Celebrity watch Pricey digs

High-end homes in the nabe

They’re just not that into the Village?

PRICE $24.75 million ADDRESS 10 West 10th Street TYPE/SIZE Townhouse; seven bedrooms, eight baths; 8,472 square feet across five floors WARM WELCOME The home has three wood-burning fireplaces. PRICE $17.53 million ADDRESS 155 West 11th Street TYPE/SIZE Condo; four bedrooms, four baths, one half bath; 3,951 square feet COLD FEET? Worry not, the master bathroom has heated floors.

Source: StreetEasy

52  Luxury Listings NYC  November/December 2014

Celeb power couple SARAH JESSICA PARKER and MATTHEW BRODERICK are giving another go at selling their 20 EAST 10TH STREET townhouse. They put the 6,800-squarefoot home on the market two years ago for $25 million. Now, they’re asking $22 MILLION. Inside are seven fireplaces and a full-floor master suite. There’s also a landscaped garden and two walk-in closets — but perhaps the famed fashionista needs more room for her shoes.


MANHATTAN | BROOKLYN | QUEENS | LONG ISLAND | THE HAMPTONS | THE NORTH FORK | RIVERDALE | WESTCHESTER/PUTNAM | LOS ANGELES | FLORIDA

PENTHOUSES AND PRIME CONDITION

SUPERB 8 ROOM PENTHOUSE WITH WRAP TERRACE 47 East 88th Street, PH | $6,575,000 | This penthouse, entered through a personal elevator landing, is wrapped by a terrace flooding it with light and has spectacular reservoir views. Features include a foyer, large living room with woodburning fireplace, formal dining room, corner master bedroom with an en-suite bath, second bedroom with en-suite bath, a library with a powder room, chef’s kitchen, pantry, laundry room, staff room and full bath. Web# 1660058.

MINT DUPLEX PENTHOUSE AT “1185” – RIVER AND CITY VIEWS 1185 Park Avenue, Penthouse | $24,950,000 | This elegant home features a dramatic gallery with a 24 ft domed ceiling and personal elevator landing. First floor – Grand living room with wood burning fireplace, formal dining room, corner master suite, 3-4 additional bedrooms, library, chef’s kitchen and breakfast room. Up the staircase is a skyroom with a working fireplace, powder room, palatial terrace and many more fine features. Co-exclusive. Web# 1644469.

NEW TO MARKET – CLASSIC 6 1075 Park Avenue | $2,495,000 | Elegant prewar home in excellent condition. A gallery leads to a large living room with woodburning fireplace. There is a formal dining room, 2 sizeable bedrooms (or 1 bedroom and library) with en-suite baths. The butler’s pantry, staffroom and bath have been incorporated into the kitchen to create a spacious eat-in, chef’s kitchen and office. 1075 Park Avenue is a highly sought after full-service coop. Web# 1939405.

CLASSIC 7 IN MINT CONDITION 1158 Fifth Avenue | $3,495,000 | Spacious and mint Classic 7 comprised of a living room with wood burning fireplace, formal dining room, corner master bedroom with en-suite bath and 2 additional bedrooms which share a Jack and Jill bath. There is an eat-in chef’s kitchen, butler’s pantry and a staff room with full bath. Web# 1885651.

DANIELA KUNEN Lic. Assoc. R. E. Broker | O: 212.891.7611 | dkunen@elliman.com

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2014 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.


1 4

2 3

1) A rendering of an interior at 15 Renwick 2) 286 Spring Street 3) Il Principe Cucina Italiana, at Hotel Hugo 4) A rendering of 261 Hudson Street

THE WEST WING

An area on the fringe of Soho takes its moment in the spotlight

W

“The product is different fundamentally than ith more than 150 home listings anything on the market right now,” Shaun Osher, over the $10 million mark, real CEO of Core, who is marketing the building, told estate south of 30th Street is the Post. He added that for one thing, 15 Renwick’s hotter than ever. And that means units are smaller than most. Where developers developers are looking to put up “brought big units into the market because there swanky new condos anywhere and everywhere — were none — now everything is big units, and the Soho’s western frontier being no exception. market demands smaller units,” Osher said. Once neglected, Hudson Square — a micro Prices at 15 Renwick reflect the smaller size: -neighborhood defined as starting at West HousTwo-bedroom units start at $2 million and rise to ton Street and going south to Canal Street, and $10.5 million for a penthouse. from Sixth Avenue west to GreenMeanwhile boutique hotels, wich Street — is set to see a wave Two of the biggest like the 122-key Hotel Hugo and of new condo development. “Five years ago, we got our first developers in the city are the 329-key Tommie, have helped transform the area around the pharmacy,” Ellen Baer, the presimaking major plays in Holland Tunnel into a luxury dent of Hudson Square BID, told destination. And new slow-food the New York Post. “That was exHudson Square. restaurants like Dig Inn and Esciting.” But now both Related and sen have added to the neighborExtell, two of the biggest develophood’s attractions. ers in the city, are making major plays in Hudson Developers in Hudson Square are cutting back Square, an area once known as the Printing District. on some of the amenities seen in neighborhoods In June, Related broke ground on an 80/20 rental like Tribeca and Greenwich Village to create betwith 201 units at 261 Hudson Street. The 12-story, ter value, Bertrand Buchin, of Douglas Elliman, told 168,000-square-foot project is scheduled to wrap the Post. This fall, Buchin is unveiling 286 Spring up in 2016. And Extell has kicked off construcStreet, a five-unit condo building where prices tion on a 116-unit, 22-story building at 70 Charlton start in the low-$6 millions and are expected to rise Street, according to the Post. The development will to $11 million, according to the Post. include 91 market rate co-ops and another 25 af“At some point this area is going to have to fordable rentals. take off,” Matthew Moinian, who developed Hotel And smaller condo projects are on their way, Hugo in partnership with Fortuna Realty Group, too. Coming soon is 15 Renwick, a 31-unit condo added. —Christopher Cameron designed by ODA’s Eran Chen. The building is expected to open next year.

54  Luxury Listings NYC  November/December 2014


THE ART OF LIVING Fifth Avenue. Full Central Park

PREWAR CLASSIC 6-3BR, 3 BATHS East 60s/Park Avenue. Brand new to market. Grand & sunny home faces N/S/E. Open city views & bldg garden. Large rooms, high ceils, wbfp, laundry rm w/ W/D. 24-hr DM. FS bldg. $2.15M. WEB# 11352762. Joanne Greene 212-906-9341 Randi E. Greene 212-317-7799

sprawling views. From this rarely available mint high flr corner unit. 4 BR, 4.5 bath, chef’s EIK, FS condo w/ N/S/W expos. Corp welcome. $25.5M. WEB# 11250167. Daniela Rivoir 212-906-9276 PARK AVENUE PERFECTION UES. Co-Excl. Triple mint renovation by Robert A.M. Stern in prewar Co-op w/ 90’ of frontage on Park Ave, 4BR, 4.5 baths, LR, DR, lib & WEIK, high flr & open views. $12.5M. WEB# 11223059. Cathy F. Franklin 212-906-9236 Alexis D. Bodenheimer 212-906-9230 SUPERB CARRIAGE HOUSE BLOCK East 70s/Lexington Avenue. Outstanding block outside Landmarks. 18’ wide SF TH with 37’ deep garden, elevator, 5,400SF +/-. Ready for renovation. $9.5M. WEB# 11320943. Paula Del Nunzio 212-906-9207 CLASSIC 6 ON FIFTH AVENUE Fifth Avenue. Unusually large classic 6 w/ 3.5 baths in Emery Roth Parc V. Expansive entertaining space, great light thru oversized windows. N&E expos. Oblique Central Park views. $4.5M. WEB# 10230971. Elese Reid 212-396-5861 Caroline E.Y. Guthrie 212-396-5858 SPLIT 2BR CONDO W/ BALCONY East 70th Street. The Oxford-sun filled S & E expos, LR w/ south facing balcony, large wndw kit. MBR w/ en suite bath, W/D, great closets, pool, gym, garage, in-outdoor playground. $1.599M. WEB# 10938708. Russell K. Miller 212-906-9360

Allison Kahn

Ann B. Schapiro

Beth M. Hirsch

LOFT IN THE SKY Lincoln Center. Sweeping park,

city & river views from 35th flr at Millennium. Huge 40’x21’ LR/DR on C.P., 4BR, 3 baths, WEIK, big closets, W/D,TWAC. FS great condo in great location. $8.999M. WEB# 9323496. Lisa K. Lippman 212-588-5606 Gerard S. Moore 212-588-5608 WEST END AVENUE TOWNHOUSE UWS. Elegant 19th century TH w/ ornate owner’s triplex + 6 incomeproducing units. Triplex has 2BR, 2 baths, renov kit, private garden, prewar detail, CAC, W/D. $4.75M. WEB# 11394365. Edward F. Joseph 212-588-5646 GREAT VALUE ON CENTRAL PARK SOUTH

PANORAMIC CENTRAL PARK VIEWS UWS. Trophy grand PH in condo, 51st flr w/ floor- to-ceil wndws, 4BR, 4.5 baths,

corner LR, DR, lib, wndwed gourmet EIK, spanning 5,000SF, 5-star hotel services. $37.5M. WEB# 9998958. Cathy F. Franklin 212-906-9236 Alexis D. Bodenheimer 212-906-9230

Midtown West. Direct park views from large 2BR, 2 bath with 450SF wrap terrace. Loft-like LR/DR totally renovated, move-in condition just reduced by $250K. $4.5M. WEB# 9298166. Carol A. Raskin 212-452-6215 Mark P. Raskin 212-452-6214 TURN-KEY CONDO West 70s/RSB. Great city and Hudson River views from every rm of this 2BR, 2.5 bath high flr apt. Renov includes custom cabinets, lighting & sound sys. FS bldg w/ gym, garage, concierge. $2.295M. WEB# 11028217. Vicki Gershwin 212-588-5638

BRILLIANTLY RENOVATED 1-FAMILY West Village.

EXCEPTIONAL TROPHY PENTHOUSE West Village. Grand scale 4BR, 4 bath, with 24’ ceil, great room. 360 river and city views. Wraparound terrace. Architect masterpiece. FS. $40M. WEB# 11294646. Sophie P. Ravet 212-452-4470 Scott Harris 212-317-3674

25’ wide Greek Revival townhouse overlooking Bleecker Gardens. Features include: 4-passenger elevator, total smart home technology & terraced south garden. $26.5M. WEB# 9740815. David E. Kornmeier 212-588-5642 BOHEMIAN CHIC LOFT TriBeCa. 195 Hudson, one of TriBeCa’s most desirable condo bldgs. 15’ ceils, 3BR, 3 bath. Owner’s office w/ street entrance. 24-hr DM, storage rm, pvt garage, roof terrace. $7.45M. WEB# 11334394. Lisa Gustin 212-396-5844 NOLITA 2BR PREWAR CONDO Lafayette Street. This 7th floor loft condo features 2BR + den, 2.5 bath with 2,032SF, N/S/E exposures & great storage. Full service building at crossroads of SoHo & NoLita. $3.595M. WEB# 10313288. Kyle Blackmon 212-588-5648 BANK STREET DUPLEX LOFT Downtown. Bank & West Street approx 2,400SF duplex loft. Grand flr & lower level in 1899 factory facing Hudson River. Wbfp, 2.5 baths, lux open kitchen, great space/location. $2.495M. WEB# 11084850. Mike Lubin 212-317-3672

Caroline E. Rowley

Eileen Vetri

Jennifer S. Berghaus

Karen Shen

Nicholas Z. Palance

Paul Anand

Robert E. Doernberg

THREE STORY BEAUTY Prospect Lefferts. First time

RAREST OF TOWNHOUSES This stunning Second Street park block home offers the ultimate in upscale living. Gourmet EIK, wonderful outdoor spaces and incredible detail. $4.595M. WEB# 11316348. Charles L. Ruoff 718-399-4126

available in over 60 years, this historic Lefferts Manor home retains all of its remarkable original detail. 4BR, FDR, yard. Near Park & B/Q/2/5. $1.85M. WEB# 11141044. Bill Sheppard 718-858-4632 FLOOR THRU LARGE 1BR W/ DECK Brooklyn Heights. Charming spacious LR w/ wbfp, orig details, separate DA, modern kitchen, BR w/ great closets, bath w/ W/D, pvt deck. Near trans, shops, Brooklyn Bridge Park. $730K. WEB# 11390048. Phyllis D. Norton Towers 718-858-5739 TWO-FAMILY W/ ELEVATOR Boerum Hill. State-ofart LEED GOLD new TH, owner’s quadplex w/ garden rental, 4BR, 3.5 bath, 2 roof terraces & parking access on historic State Street. WEB# 9045499. Karesse Grenier 212-588-5679 Kelsey Hall 212-396-5828 SINGLE-FAMILY W/ ELEVATOR Boerum Hill. Stateof-art LEED GOLD new TH, 4BR, 3.5 baths, 2 roof terraces, with finished cellar & parking access on historic State Street. WEB# 9045514. Karesse Grenier 212-588-5679 Kelsey Hall 212-396-5828

Sarah Orlinsky-Maitland

Tate Kelly

Timothy E. Schneider

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. All rights to content, photographs and graphics reserved to Broker. Equal Housing Opportunity Broker.


SOHO

NEIGHBORHOODS Housing costs

Business

Running down the numbers

Lululemon stretches out

Average September sale prices $465,000 $998,000 $3,783,210 N/A $10,350,000

Studio 1 bed 2 bed 3 bed > 3 beds

Average September rents N/A $3,919 $8,737 $15,944 $17,702

Studio 1 bed 2 beds 3 beds > 3 beds

Source: StreetEasy

Fast facts

A neighborhood institution, a holiday feast and modern art 1977

N

eed more yoga pants? Just head to your corner clothing store. Lululemon Athletics is opening two new shops on two Soho corners facing each other at Prince and Wooster streets — one of them will be the brand’s very first store for men. The men’s store will be located at 127 Prince Street; the women’s store will occupy space at 125 Prince Street.

Year in which Dean & DeLuca opened up shop at 560 Broadway

Nabe news

$98

Cost per person for the Thanksgiving meal at Mercer Kitchen, the Jean-Georges restaurant at 99 Prince Street. Courses include a tuna tartare plate, a salmon dish with mashed potatoes and Brussels sprouts and, naturally, a serving of roasted organic turkey with sourdough stuffing.

Cadillac drives in

7

Number of stories at the New Museum, located at 235 Bowery Sources: New York Magazine, Mercer Kitchen, New Museum

Pricey digs

Soho spreads for sale

I

n an effort to update its stuffy image, struggling automaker Cadillac is splitting from General Motors into a separate business unit — and moving its headquarters from Detroit to fashionable Soho. “Establishing our new global headquarters in Soho places Cadillac at the epicenter of sophisticated living,” said the brand’s president in a statement. The new HQ will be located somewhere with loft offices and a multipurpose room for events. No word yet on the exact address.

Celebrity watch

Rendering by March

PRICE $17.5 million ADDRESS 180 Sixth Avenue

TYPE/SIZE Condo; five bedrooms, four baths, one half bath; 4,759 square feet

Stand in the place where you lived

DOUBLE THE PLEASURE This penthouse has two wood-burning fireplaces and two terraces. PRICE $10.995 million ADDRESS 565 Broadway TYPE/SIZE Co-op; five bedrooms, five baths, two half baths; 6,500 square feet HIGH LIFE Relax and enjoy 17-foot exposed brick vaulted ceilings.

Source: StreetEasy

56  Luxury Listings NYC  November/December 2014

Former R.E.M. frontman MICHAEL STIPE sold his Soho penthouse for $9.6 MILLION in January, though the deed did not appear in public records until last month. He listed the threebedroom duplex spread, located at the border of Tribeca at 533 CANAL STREET, for nearly $11 million in June 2012. The home has some star history: Stipe bought the mid-renovation pad for $5.75 million in 2007 from actor Casey Affleck. Affleck, in turn, bought the home in 2000 from director Gus Van Sant. (Actress Kirsten Dunst also has a place in the building, see page 60.)


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12 e 69th St. Triple mint 6-story, 40’ wide, 20,000 SF mansion. 7 bedrooms, 6 baths, 3 powder rooms, pool, spa, gym, state-ofthe-art home theater & security systems. Elevator leads to all stories including the 2,000 SF roof deck with open city & partial Central Park views. Parking available. $98M Web# 3004403 Gabriella Dufwa (m) 917.496.7272, Soli Mehta 212.365.8900

Fifth ave. James E.R. Carpenter designed baronial sized masterpiece with Park views, grandly scaled rooms includes library, eat-in kitchen, 3 wood burning fireplaces and private elevator landing. Each of the baronial sized 6 bedrooms have an en suite bath. $29M Web# 3365641 betsy Messerschmitt 212.836.1059, Licensed as Elizabeth Messerschmitt

e 83rd St/Madison. Living room, library, formal dining room, 5 bedrooms, 5.5 baths, windowed chef’s eat-in kitchen, entertainment room with kitchen, laundry room. Sunny 4 exposures. Full service white glove prewar co-op, Pets OK. $8.85M Web# 3361075 Sharon e. baum 212.836.1036

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West end ave. Magnificent 6 bedroom/6.5 bath 4,900 SF duplex. Luxury finishes, high-end systems and elegant design. Wine storage, open eat-in kitchen, laundry room. Prewar scale and detail. North, south, east and west exposures. Boutique Upper West Side prewar condo. $7.995M Web# 3355766 Deanna e. Kory 212.937.7011

206 e 73rd St. Mint condition triplex maisonette with multiple outdoor spaces. 4 bedrooms, 3 full baths, 2 half baths, open chef’s kitchen, enormous planted garden, washer/dryer. Excellent for entertaining. Pets OK. Part-time doorman from 7am-11pm. $6.995M Web# 3369355 howard M. Spiegelman (m) 917.653.4219

Tribeca/53 north Moore St, #5F. Spacious and sunny condo. 2,436 SF in beautiful doorman building with 3 common roof terraces. 2+ bedrooms, 2 baths. The kitchen includes Bosch stainless steel appliances, ample counter space and a pass through sitting bar. East and west exposures. $4.35M Web# 3344010 Kim Larkin (m) 917.612.8604, howard Mash (m) 917.940.5802

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400 e 67th St, #24b. High floor 3 bedroom/3 bath corner condo. Mint condition. Amazing views + light. Split bedrooms, custom kitchen & baths, washer/dryer, excellent storage. North and west exposures. The Laurel is a top full service building with outstanding amenities/service. $3.8M Web# 3360666 Michael Johnson 212.937.1693 & hayim nommaz 212.539.4970

157 e 57th St. Exquisite renovation. Living room and formal dining room have 3 windows with lovely views and wood burning fireplace each. High ceilings, central air conditioning, eat-in kitchen, washer/dryer. Live-in super. Elevator. North, south and west exposures. $3.4M Web# 3141418 enma baron 212.875.2868, Marlena Wood 212.875.2815

311 West broadway. 4 rooms. This stunning 2 bedroom/2 bath loft-like condo is the ultimate in modern sophistication and style with all the bells and whistles of Downtown chic. 10’ ceilings, wide plank oak floor, landscaped duplex garden, gym, garage, 24 hour concierge. $3.225M Web# 3355690 Marlena Wood 212.875.2815, enma baron 212.875.2868

Search by Web# on Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All listing phone numbers indicate listing agent direct line unless otherwise noted. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. . To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer.


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1) Chef Nobu Matsuhisa 2) A rendering of 290 West Street 3) Actor Robert De Niro 4) Locanda Verde, at 377 Greenwich Street

TOAST OF TRIBECA

As Nobu celebrates its 20th anniversary, a look at the transformation of the nabe

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Similarly, perhaps more than anyone, De Niro has t all started when a Japanese chef and restaurateur, played critical role in raising Tribeca’s profile. De Niro Nobu Matsuhisa, met a customer, actor Robert De launched the Tribeca Film Festival in 2002 to boost Niro, at a small sushi restaurant — Matsuhisa’s first Tribeca’s economy after 9/11, reinventing the area as spot — in Beverly Hills in the late ’80s. A few years after that encounter, the two men became busithe destination for the rising stars of the independent ness partners and opened the first Nobu restaurant in film industry. He’s also the driving force behind the a warehouse owned by De Niro in Tribeca. hugely successful Greenwich Hotel, which opened in With its celebrated Japanese cuisine (with a South Tribeca in 2008. American twist), the Tribeca eatery was the first in Over the past two decades, Tribeca’s increasing an empire that eventually expanded to 30 restaurants popularity brought a dramatic shift in its around the globe. demographics. The flow of new On September 17, the Tribeca residents rapidly transformed outpost, located at 105 Hudson the nabe into a decidedly upscale “In Tribeca, Nobu Street, turned 20. It was more one. According to data listed on is more important than a than just an occasion to celebrate StreetEasy’s website, recorded with the $120 prix fixe menu that sales went from a median price of Sub-Zero refrigerator.” was served that night. The anni$830,000 in 2000 to $2.06 million – Leonard Steinberg, Urban Compass versary of Nobu not only encourin 2010, an increase of nearly 150 ages reflection on how Matsuhipercent. sa influenced haute cuisine; it shows how this once Today, the nabe continues to reach new heights, marginal neighborhood has transformed into one of as new glass-and-steel condos will soon domiManhattan’s most desirable addresses. nate the waterfront and nearby streets. The Adjmi “I think 75 percent of all the real estate listings & Andreoli-designed building overlooking the Hudin Tribeca over the past 20 years have mentioned son River, 290 West Street, had its first two aparttheir proximity to Nobu as a selling point,” Leonard ments in contract just a few days after hitting the Steinberg, president of the real estate firm Urban market in September for approximately $6.5 million. Compass, told the Daily News. “In Tribeca, Nobu is The development at 443 Greenwich Street, the latmore important than a Sub-Zero refrigerator.” est Tribeca conversion, has apartments at around “Nobu has become part of the culinary lexicon of $3,000 square foot, and the sculptural condo tower America,” Drew Nieporent, a partner in Nobu’s NYC at 56 Leonard Street — designed by Herzog & de Meuand London locations, told the Daily News. “Every ron — was nearly sold out by the end of the summer.  single great chef would easily tell you they were influ—Lucia De Stefani enced by Nobu Matsuhisa.”

58  Luxury Listings NYC  November/December 2014


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TRIBECA

NEIGHBORHOODS

Housing costs

Developments

Running down the numbers

Aiming high

Average September sale prices Studio 1 bed 2 beds 3 beds > 3 beds

N/A $1,579,572 $2,742,821 $4,919,492 N/A

Average September rents Studio 1 bed 2 beds 3 beds > 3 beds

$4,227 $4,938 $8,845 $14,294 $19,824

Source: StreetEasy

Fast facts

Starred sushi, historic blocks and laid-back style 2

Number of Michelin stars awarded to Japanese eatery Ichimura at Brushstroke, at 30 Hudson Street, a one-star upgrade from the prior year

1991

A

new skyscraper will alter Tribeca’s skyline soon. Permits have been filed for 101 Tribeca — a 62-story building to rise at 101 Murray Street — and demolition of the building that occupies the site (a former St. John’s University dorm) is underway. The skyscraper, designed by Kohn Pedersen Fox, will have 139 apartments and retail on the ground floor. Though the official height of the structure is 857 feet, NY YIMBY estimates a final height of 950 feet, including space for mechanicals at the top of the tower. It will be the tallest building in Tribeca.

Dining

Amazin’ grazin’

Year the Tribeca West Historic District was designated, which encompasses several blocks between Greenwich Street and West Broadway

6

Number of boutiques in Manhattan that LA-based designer James Perse will have, once his newest location opens at 257 Church Street in April 2015. It’s expected to carry clothing and the brand’s home collection. Sources: New York Times, NYC.gov, Racked

Pricey digs

Tony Tribeca townhouses PRICE $43.5 million ADDRESS 3 Hubert Street TYPE/SIZE Six bedrooms, five baths, one half bath; 7,500 square feet

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razin’, a beloved farm-to-table diner in Hudson, N.Y., will open an outpost in the nabe in early 2015. The first “Animal Welfare Approved” restaurant in the U.S., all meat, eggs and dairy served come from humane, sustainable farms, like Grazin’ Angus Acres’ and its 100 percent grass-fed beef. The diner will open in the former Park Lane Deli space at 56 Reade Street.

Celebrity watch

“Spider” spread

STEAM CLEAN Enjoy a hot tub that fits eight.

PRICE $10 million ADDRESS 11 Beach Street

TYPE/SIZE Three bedrooms, four baths, one half bath; 4,752 square feet across three floors

Source: StreetEasy

60  Luxury Listings NYC  November/December 2014

ADULT SWIM The lower level has a private spa with a 45-foot stainless-steel pool.

Nestled just at the hip cusp of Tribeca and Soho is actress KIRSTEN DUNST’s two-bedroom apartment, which is now on the rental market. She’s asking $12,500 MONTHLY for the gut-renovated spread that she furnished with antique-style furniture. Located at 533 CANAL STREET, the home looks out to the Hudson River through oversized arched windows.


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1) A rendering of an interior at 215 Chrystie 2) Ian Schrager 3) An exterior rendering of 215 Chrystie 4) Ricky Martin’s pad at 40 Bond Street

“PUBLIC” DOMAIN Ian Schrager’s latest luxury project poised to set condo price records

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architecture firm Herzog & de Meuron, the building uxe hotelier Ian Schrager — of Studio 54 will feature massive floor-to-ceiling windows set into fame — is once again diving headlong into the façade “as if they were teak shake shingles on a the condo game with a pricey new developbeach house — each one is angled out and over the ment at 215 Chrystie Street. one below,” according to the Post. The move marks a return for Schrager, Inside, the tower will house eight half-floor and who took a seven-year hiatus from New York. His three full-floor units, with white concrete bathtubs last residential project was the ultra-swanky 40 Bond and sinks, as well as American black walnut paneling, Street, which attracted celebrities like Ricky Martin. courtesy of designer John Pawson. Units there went for as much as $23 million. However, for now, Schrager And now, his latest hotel and is keeping many of the 25-story residential project on the Lower 215 Chrystie “is the building’s details under wraps. East Side may set a new stan215 Chrystie “is the ultimate exdard for the neighborhood. Pricultimate expression of pression of uptown meets downes at the 11-unit condominium uptown meets downtown.” town,” Schrager told the New tower above the 370-room PubYork Observer. “It is both tough lic Hotel average just over $4,000 —Ian Schrager and refined at the same time.” per square foot, according to a And the asking prices are no spokesperson. By comparison, exception to the uptown-meets-downtown model. prices in the neighborhood average just $1,180 per Currently, the sales record for either a condo or cosquare foot. op on the Lower East Side is just $5.1 million. That In fact, the building is poised to set a slew of record is, for the moment, held by a four-bedroom neighborhood records. Just a few weeks after penthouse condo at 15 Rivington Street, which sold hitting the market in September, two units went in 2008, according to StreetEasy. into contract: a $7.75 million three-bedroom and But Schrager, co-creator of the boutique hotel a $7.15 million two-bedroom. (Rumor has it the concept, is no stranger to bold luxury development, three-bedroom unit went to fashion photographer with successes like the Gramercy Park Hotel and 40 Mario Testino, according to the New York Post.) A Bond — also designed by Herzog & de Meuron — unthree-bedroom now on the market asks $8.4 million der his belt. And he’s likely to continue to aim high: while the penthouse has a price tag of $18.5 million, Word on the street is that Schrager is eyeing anaccording to a spokesperson. other unspecified Public location on the far West Schrager is hoping to tap into the market of babySide, which would also feature high-priced condos.  boomer-bankrolled millennials with his signature “re— Christopher Cameron fined gritty” or “tough luxe” style. Designed by Swiss

62  Luxury Listings NYC  November/December 2014


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LES/EAST VILLAGE

NEIGHBORHOODS

Housing costs

Dining

Running down the numbers

An apple a day

Average September sale prices $462,500 $561,625 $891,800 N/A N/A

Studio 1 bed 2 bed 3 bed > 3 beds

Average September rents N/A $2,814 $3,897 $4,631 $7,701

Studio 1 bed 2 beds 3 beds > 3 beds

Source: StreetEasy

Fast facts

Religion reimagined, a closed café and classic cheesecake 1849 The year Ansche Chesed synagogue opened at 172 Norfolk Street, then the largest Jewish congregation in the nation. It’s now the Angel Orensanz Foundation, an art and performance space.

O

f all things hip on the Lower East Side, here’s the latest addition: The city’s very first cider restaurant and bar, dubbed Wassail, will open in January at 162 Orchard Street. Wassail will have ciders from Spain, France, the United Kingdom and the U.S. The aim is to teach patrons that cider isn’t always sweet and fizzy; food pairings, educational events and seminars are planned to help change the stereotype. Not so surprisingly, much of the food on offer will be made with cider, apples or pears.

Business

Sweet spot

32

Years in which the East Village staple Yaffa Café was open at 97 St. Marks Place. The mainstay shut down last month.

$30

Price for a 10-inch cheesecake at Veniero’s Italian Bakery at 342 East 11th Street Sources: Angel Orensanz Foundation, Eater, Veniero’s

Pricey digs

Living large in the East Village PRICE $4.95 million ADDRESS 840 Broadway

G

et your gummy on: Fashionable uptown candy purveyor Dylan’s Candy Bar is coming to Union Square. The upscale brand picked up a groundfloor space at 33 Union Square West between 16th and 17th streets, with a 10-year lease. This block along the west edge of Union Square is primed for a new look, with long-term tenant Union Square Café and sport apparel label Lululemon likely to leave.

TYPE/SIZE Co-op; three bedrooms, two baths; 3,000 square feet VINTAGE CHARM This home has exposed brick walls.

Nabe news

Gentrification in action

S

PRICE $3.26 million ADDRESS 100 Norfolk Street

TYPE/SIZE Condo; three bedrooms, three baths, one half bath; 1,630 square feet

Source: StreetEasy

64  Luxury Listings NYC  November/December 2014

NATURAL LIGHT The spread has floor-toceiling windows.

oaring rents in the East Village are causing neighborhood residents to move out — meaning that the area has some of the highest vacancy rates in the city. The nabe has a 2 percent vacancy rate, according to data from Citi Habitats. “The reality is these prices are getting to the point where tenants are like, ‘You know what? It’s not worth it,’” the firm’s president, Gary Malin, told DNAinfo. Of course, the number is still low — other cities might envy a 2 percent vacancy rate.


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1) The $300 Grand Cru Slam comes with a bottle of Dom Perignon. 2) Denny’s offers up treats like Pancake Puppies. 3) The Manhattan outpost’s chic interior 4) Specialty cocktails

“DEN” OF SIN?

A popular national chain serves all-day breakfast — and booze

I

building that houses the chain were less enthusiastic. t’s early Sunday afternoon; brunchtime at a new The condo board sued Denny’s for $10 million, fearhotspot in lower Manhattan. There’s a 20-minute ing that the establishment would serve alcohol at all wait to be seated. Groups of students, families and hours of the night. The suit was ultimately dropped tourists occupy the tables throughout the spacious and Denny’s now stops serving alcohol at midnight. restaurant. At a custom-made bar, patrons are sipNow that the buzz has died down, Denny’s is startping craft cocktails. For those who are feeling ultraing to integrate into the neighborhood. Rahul Marwah, decadent, there’s a $300 brunch option that includes who owns the franchise through the California-based a bottle of Dom Perignon. Denco Enterprises Inc., said that No, we’re not at Sarabeth’s or revenue performance is meeting Clinton Street Baking Company. The drinks have all of his projections. Denco EnWe’re at a tried-and-true American staple, where you can also build New York-themed names, terprises owns 23 other Denny’s locations across the country. your own Grand Slam. like the bourbon-based A large part of the Manhattan That’s right: We’re at Lenny’s … We mean, Denny’s. Manhattan Cream Soda, Denny’s clientele consists of city employees, fireman and police ofThe national chain opened its made with vermouth, ficers, all of whom work in the area, first Manhattan stronghold in late maple and vanilla. Marwah said. He added that many August. Located on the ground floor families from the neighborhood, of a landmarked residential building which is starved for breakfast and at 150 Nassau Street at the corner cocktail options, come by on the weekends. of Spruce Street, the eatery took over a long-vacant He’s readying to better meet their needs. “I want to space that was once occupied by a Taco Bell. make sure we’re catering to our community,” Marwah But this is not your typical Denny’s. While the menu said from his office in Southern California. “We’ll bring includes all of Denny’s signature dishes, the sophistisome offerings that are not available elsewhere.” A cation of Manhattan permeates the eatery. It’s one of new chef will create healthy dishes, as requested by two locations in the country that serves alcohol (the residents, he said, and there are plans for a boozy other is in Las Vegas, of course). The drinks have New brunch option. York-themed names, like the bourbon-based ManhatOther plans include adding bagels to the menu, tan Cream Soda (on tap!) made with vermouth, maple said Marwah. And, perhaps in the most Manhattanand vanilla. The sleek decor features tin ceilings and ish move of all, local residents will be able to enjoy their exposed brick walls. Moons Over My Hammy in their own living rooms — as While local Pace University students welcomed this location will soon deliver. —Claire Moses the arrival of the suburban staple, residents of the

66  Luxury Listings NYC  November/December 2014


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FINANCIAL DISTRICT

NEIGHBORHOODS

Housing costs

Nabe news

Running down the numbers

French connection

Average September sale prices $814,297 $939,723 $1,454,166 N/A N/A

Studio 1 bed 2 bed 3 bed > 3 beds

Average September rents Studio 1 bed 2 beds 3 beds > 3 beds

$3,158 $3,940 $5,772 $7,898 $8,802

Source: StreetEasy

Fast facts

Apartment tally, the perfect pizza and a fancy food court 903 Number of apartments at the Frank Gehry-designed 8 Spruce Street

23

Number of pizza toppings available at Adrienne’s Pizza Bar at 54 Stone Street. Choices include prosciutto, meatballs, eggplant, basil and broccoli rabe.

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e District, the French-inspired and Eataly-style 37,000-square-foot marketplace at Brookfield Place, will partially open this month with a full-service eatery named Beaubourg. The restaurant will seat 96 inside and 166 outside at the North Cove yacht marina. Café District — serving to-go coffee, tea and pastries — will also open here in November. But stay tuned: The entire sprawling marketplace is set to open March 2015, with another restaurant, a bar and shops for groceries and prepared foods. Developments

Living (in) history

14

Number of eateries at Hudson Eats, located inside Brookfield Place Sources: StreetEasy, Adrienne’s Pizza Bar, Brookfield Place

Pricey digs

Ritzy rentals in the Financial District PRICE $20,000/month ADDRESS 20 Pine Street TYPE/SIZE Two bedrooms, two baths; 1,546 square feet HIGH FASHION The home boasts Armani Casa furnishings.

I

n September, renderings of the Woolworth Tower Residences were unveiled, and they look old-school chic. There are wood-paneled kitchens, terraces that look out to skyline views over the building’s iconic terra-cotta detailing, plus a spectacular lobby with a coffered ceiling. A total of 34 homes will be on offer here, with prices starting from $3.875 million and reaching an astounding $110 million for the seven-level penthouse. Coming soon

Sacred space

PRICE $14,000/month ADDRESS 15 William Street TYPE/SIZE Three bedrooms, three baths; 1,998 square feet TOP UP The living and entertaining areas have high ceilings.

Source: StreetEasy

68  Luxury Listings NYC  November/December 2014

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onstruction is underway at the new St. Nicholas Greek Orthodox Church near Ground Zero — and renderings are out of the Santiago Calatravadesigned structure, which will rise on the site of the former Deutsche Bank Building. The church will be made of white Vermont marble, with a design inspired by a mosaic of the Madonna and Child Enthroned at Istanbul’s Hagia Sophia. The structure will be completed in late 2016 or early 2017.


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337 West Broadway 212.924.4200 33 Irving Place 212.557.6500

SE AR CH E V E RY MAN H AT TAN LIST IN G ALL ON ON E APP. SEARC H : T OWN RESIDEN T IA L.

TOWN Residential, LLC (“TOWN”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage, LLC and Thor Equities, LLC. All property listing information, including, but not limited to, square footage, room count, and number of bedrooms are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect, engineer or zoning expert. This is not intended to solicit property already listed. TOWN’s owns the following subsidiary real estate brokerages: TOWN Astor Place LLC; TOWN Fifth Avenue LLC; TOWN Flatiron LLC; TOWN Gramercy Park LLC (“TOWN Gramercy”); TOWN Greenwich Street LLC (“TOWN Financial District”); TOWN Greenwich Village LLC; TOWN Soho LLC; TOWN West Village LLC; or TOWN 79th Street LLC (“TOWN Upper East Side”).


LISTINGS

NYC’s

Premier

Properties

93 Worth Street, 1205 in Tribeca

$1,900,000

Condo (934 sf): 3.5 rooms, 1 bed, 1.5 baths | Amenities: Fitness Room, Lounge | Common Charges: $784 | RE Taxes: $995 Offering 934 square feet, this 1-bedroom, 1.5-bath residence features an open kitchen/living concept with a powder room. Additionally, this unit boasts oversized, custom 7-foot windows, high ceilings, private laundry, 7-inch white oak floors and custom patina brass fixtures by Waterworks Listed at CORE by 93 Worth Sales Office , 212-219-9393, info@93worth.com.

25 Prince Street, 3A in Soho

$1,950,000

Condo (723 sf): 3 rooms, 1 bed, 1 bath | Common Charges: $637 | RE Taxes: $584 Refined but restrained features distinguish 25 Prince Street, a high-end residential condominium building. This classic design approach enables 25 Prince to meld with the architectural milieu of the Nolita triangle. Details such as black-painted moldings, raised-paneled millwork, paneled windows and walnut herringbone flooring reflect the roguish sophistication of the neighborhood . Listed at Douglas Elliman by Fredrik Eklund , 212-727-6158 , feklund@elliman.com .

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custom glass lighting & dĂŠcor


LISTINGS

NYC’s

Premier

Properties

15 Broad Street, 3810 in the Financial District

$2,695,000

Condo (1,961 sf): 2 beds, 2 baths | Amenities: Doorman, Pool, Elevator, Loft | Common Charges: $1,746 | RE Taxes: $468 This home is flooded with natural light and boasts 11-foot beamed ceilings, maple floors, Bosch washer/dryer, an expansive living room and views of the Empire State Building and the Statue of Liberty. This home’s kitchen is equipped with white lacquer cabinets, Jenn-Air and Bosch stainless steel appliances. The master bathroom has a large window, white Thassos marble floors, an enclosed shower and a marble-topped vanity. Listed at CORE by Adrian Noriega, 646-279-6104, anoriega@corenyc.com.

930 Fifth Avenue, 5F on the Upper East Side

$3,150,000

Co-op: 4.5 rooms, 2 beds, 2 baths | Amenities: Doorman, Gym, Elevator, Fireplace | Maintenance: $2,401 Centrally located on Fifth Avenue and 74th Street, 930 Fifth is an Emory Roth-designed full-service white-glove co-operative. Available completely furnished or unfurnished, this fully customized unit offers restored parquet floors and fine finishes. Listed at RPMiller Realty Group by Reba Miller, 212-988-4091, rpmiller@rpmillergroup.com.

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LISTINGS

NYC’s

Premier

Properties

160 Central Park South, 1810 in Midtown

$3,185,000

322 West 57th Street, 15P3 in Midtown

$3,395,000

Condo (1,283 sf): 3.5 rooms, 1 bed, 2 baths | Amenities: Attended Lobby, Pre-war Maintenance: $3,880

Condo (1,433 sf): 5 rooms, 2 beds, 2.5 baths | Amenities: Attended Lobby, Garage Maintenance: $1,539 | RE Taxes: $2,506

Attractive as a residence, pied-à-terre or investment property, this Essex House unit is a full service condo with all hotel services available. Listed at Stribling by Cecilia Serrano, 212-585-4571, cserrano@stribling.com.

A new, sunny, south-facing condo is available furnished or unfurnished and has 750 square feet of private, landscaped terrace. Listed at Stribling by Phyllis Mack, 212-452-4412, pmack@stribling.com.

5 Beekman Street, 41B in the Financial District

$3,850,000

Condo (1,572 sf): 4 rooms, 2 beds, 2.5 baths | Common Charges: $2,181 | RE Taxes: $2,104 Located on a high-floor, this triple-exposure, two-bedroom apartment offers views and light to the north and east through floor-to-ceiling windows. Luxurious finishes include a mahogany front door, solid-wood oak floors, and marble/limestone bathrooms. Listed at Douglas Elliman by Fredrik Eklund, 212-727-6158, feklund@elliman.com.

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LISTINGS

NYC’s

Premier

Properties

$4,350,000

425 West 50th Street, 16C in Clinton Condo (1,727 sf): 6 rooms, 2 beds, 2.5 baths | Amenities: Bike Room, Garden, Fitness Room | Common Charges: $1,963 | RE Taxes: $1,202

Residence 16C at Stella Tower spans 1,727 square feet and offers high ceilings in a gracious two-bedroom layout with two full baths and a powder room. North and east exposures showcase views of the Manhattan skyline through custom oversized tilt-and-turn windows. The open kitchen includes custom, handcrafted Smallbone of Devizes European oak cabinetry, polished concrete countertops and Miele appliances. Listed at Douglas Elliman by Vickey Barron, 212-891-7604, vbarron@elliman.com.

$5,000,000

290 West Street, 2B in Tribeca Condo (2,241 sf): 6 rooms, 3 beds, 3.5 baths | Amenities: Bike Room, Fitness Room, Private Storage | Common Charges: $2,804 | RE Taxes: $3,029

This sleek Adjmi & Andreoli-designed residence at 290 West is situated on a prime corner site in Tribeca. The contemporary design aims to balance a bold presence with graceful luxury. Grand proportions include 11-foot ceilings and large windows enhanced by a rich palette of finishes including 5-inch white oak flooring. Listed at Douglas Elliman by Fredrik Eklund, 212-727-6158, feklund@elliman.com.

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LISTINGS

NYC’s

Premier

Properties

141 East 88th Street, 6F on the Upper East Side

$3,495,000

1010 Fifth Avenue, 6D on the Upper East Side

$4,995,000

Condo (1,575 sf): 5 rooms, 2 beds, 2 baths | Amenities: Prewar, New Development Maintenance: $1,797 | RE Taxes: $1,259

Co-op: 7 rooms, 3 beds, 2.5 baths | Amenities: Lobby, Pet Friendly Maintenance: $3,946

Philip House is a classic prewar condominium redesigned for modern living. Listed at Stribling by Robert S. McCain, 917-363-3272, rmccain@stribling.com.

Located along Museum Mile across from the Metropolitan Museum of Art, this renovated apartment features a gracious layout for entertaining. Listed at Stribling by Shelton P. Smith, 212-585-4532, ssmith@stribling.com.

$7,995,000

443 Greenwich Street, 2C in Tribeca Condo (2,965 sf): 6.5 rooms, 2 beds, 2.5 baths | Amenities: Driveway, Garage, Courtyard | Common Charges: $3,455 | RE Taxes: $2,995

The historic, landmarked facade of 443 Greenwich has been restored and its interiors transformed by CetraRuddy Architects. This Tribeca building combines space, luxury finishes, location, and privacy. Its 45 loft-style homes ranging from 2,900 square feet to 4,250 square feet and eight penthouses surround a 4,000-square-foot landscaped courtyard designed by noted landscape architect Hank White. Listed at Cantor-Pecorella by 443 Greenwich Sales Center, 212-877-4433, info@443greenwich.com.

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LISTINGS

NYC’s

Premier

Properties

$5,750,000

252 East 57th Street, 42C in Midtown Condo (2,196 sf): 5 rooms, 3 beds, 3.5 baths | Amenities: Outdoor Space, New Development, Garage | Common Charges: $4,286 | RE Taxes: $1,944

The east-facing windowed, eat-in kitchen is custom designed by Daniel Romualdez and Eggersmann. The kitchen has deluxe finishes that include HanStone glass quartz countertops, horizontal-grain walnut cabinetry, Miele appliances: a five-burner gas cooktop, wine refrigerator, dishwasher, two ovens and a 33-inch Kohler Stages Collection sink with integrated walnut cutting board and prep bowls. Listed at Stribling by Pamela D’Arc, 212-452-4377, pdarc@stribling.com.

$6,995,000

206 East 73rd Street, MAIS-E on the Upper East Side Condo (3,300 sf): 8.5 rooms, 4 beds, 4.5 baths | Amenities: Attended Lobby, Pet Friendly, Garage | Maintenance: $3,193 | RE Taxes: $1,018

Located on one of the Upper East Side’s most charming tree-lined blocks, this renovated triplex offers townhouse living in a boutique condominium with topnotch services. A foyer leads to a grand living room with an open-style chef’s kitchen and enormous planted garden that is used year round as additional living space. The integration of indoor and outdoor is ideal for entertaining large or small groups. A home office, a wine closet and powder room complete this apartment. Listed at Stribling by Patricia M. Weeks, 212-570-2440, pweeks@stribling.com.

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LISTINGS

NYC’s

Premier

Properties

134 Beekman Street in the West Village

$5,995,000

Townhouse (2,295 sf): 5 rooms, 2 beds, 2 baths | Amenities: Gardens, Terrace, Chef’s Kitchen, Library | RE Taxes: $21,744 On a quiet cobblestone street imbued with the spirit of early 19th century New York, 134 Beekman showcases a refined design aesthetic. The owner said that “every fixture, every light bulb and every doorknob were deeply considered”. The result is a blend of historical and industrial influences, combined with the modern amenities. Interior spaces for this home, which has been featured in print, are centered around a dramatic, four-story open staircase. Listed at Sotheby’s International Realty by Jonathan Hettinger, 212-810-4953, Jonathan.Hettinger@sothebyshomes.com.

45 Walker Street, 4 in Tribeca

$6,250,000

Condo (4,781 sf): 4 beds, 4 baths | Amenities: Washer, Dryer, Loft | Common Charges: $2,191 | RE Taxes: $3,684 A blend of old world craftsmanship and Downtown chic, this renovated full-floor 4,781-square-foot loft offers privacy and a desirable location. One enters through a key-locked elevator and steel-clad door to an expansive living and dining area highlighted by eight oversized windows and a wood-burning fireplace. A light-filled study, that could be converted to an en-suite fourth bedroom, bookends the entertaining space. Listed at CORE by Emily Beare, 212-726-0786, ebeare@corenyc.com.

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LISTINGS

NYC’s

Premier

Properties

200 East 66th Street, A1202 on the Upper East Side

$6,900,000

Condo (2,575 sf): 3 beds, 3 baths | Amenities: Doorman, Loft, Balcony, Elevator, Garage | Common Charges: $2,332 | RE Taxes: $2,188 This resale sets itself apart from other units in Manhattan House through enhancements to the sponsor’s original design. Upgrades include a reconfigured foyer and tasteful additions throughout. This three-bedroom residence is completed by two south-facing private balconies off the living room and master bedroom. Listed at CORE by Christian Rogers, 917-270-4119, crogers@corenyc.com.

56 Bank Street in the West Village

$7,395,000

Townhouse (2,880 sf): 2 beds, 2.5 baths | Amenities: Garden | RE Taxes: $22,907 Located in the West Village, this stretch of Bank Street is a mix of turn-of-the-century apartment houses and Greek Revival townhouses. Erected in 1833 for the Reverend Joseph Carter, this 20-foot, three-story townhouse recently underwent an extensive restoration. The brick front is constructed in Flemish bond, the fascia board of the roof cornice is original, and the six-over-six windows add to the attractive historic facade. Listed at CORE by Doug Eichman, 212-612-9661, deichman@corenyc.com.

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LISTINGS

NYC’s

Premier

Properties

60 East 86th Street, 5FLR on the Upper East Side

$9,000,000

36 Bleecker Street, 5C in Greenwich Village

$10,500,000

Condo: 7 rooms, 4 beds, 4.5 baths | Amenities: Garage, Fitness Room, Nursery Common Charges: $4,714 | RE Taxes: $1,028

Condo (3,127 sf): 10 rooms, 3 beds, 3.5 baths | Amenities: Courtyard, Fitness Room, Nursery | Common Charges: $3,869 | RE Taxes: $2,995

The fifth floor unit is a full-floor four-bedroom residence designed by Danish architect Thomas Juul-Hansen. Listed by Corcoran Group at the 60 East 86th Sales Gallery, 212-472-8600, info@60east86th.com.

This loft condominium at The Schumacher features soaring 12-foot barrelvault brick ceilings and four exposures offering light and views. Listed at Douglas Elliman by John Gomes, 212-727-6178, jgomes@elliman.com.

73 Wooster Street, 3B in Soho

$10,500,000

Condo (4,400 sf): 8 rooms, 4 beds, 4.5 baths | Amenities: Doorman, Loft, Garden | Common Charges: $4,960 | RE Taxes: $3,770 This expansive 4,400-square-foot apartment features high ceilings and light-filled spaces thanks to large casement windows. With a media room and an open kitchen, this residence is aimed at those who like to entertain. Each bedroom features an en-suite bath and ample closet space. The master bedroom suite has a large walk-in closet, marble-clad bathroom and custom built-ins. Listed at Warburg Realty by Lisa Tarnopol Deslauriers, 212-439-5182, ldeslauriers@warburgrealty.com.

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LISTINGS

NYC’s

Premier

Properties

220 Riverside Boulevard, 10-MN on the Upper West Side

$10,750,000

Condo (3,206 sf): 10 rooms, 5 beds, 5 baths | Amenities: Doorman, Pool, Elevator, Gym | Common Charges: $3,150 | RE Taxes: $4,200 At this residence, an entrance gallery leads to a grand entertainment space with river views to the George Washington Bridge. This space also features a ventless fireplace and 70 bottle-capacity Gaggenau wine storage. Listed at Rutenberg Realty by Kristen Magnani, 212-688-1000, kmagnani@rutenbergrealtyny.com.

32 Grove Street in the West Village

$11,750,000

Townhouse: 12 rooms, 5 beds, 4 baths | Amenities: Historic Home, Gardens, Terrace, Fireplace, Library | RE Taxes: $31,299 This 21-foot, four-story Italianate brick townhouse is tucked away on one of the city’s most coveted streets in the tree-lined West Village. Built in the 1850’s, the home offers a south-facing garden that is surrounded by neighboring townhouses. Listed at Sotheby’s International Realty by Jeremy V. Stein, 212-431-2427, Jeremy.Stein@sothebyshomes.com.

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LISTINGS

NYC’s

Premier

Properties

$12,000,000

111 Mercer Street, PH in Soho Condo (3,539 sf): 7 rooms, 3 beds, 3.5 baths | Amenities: Bike Room, Courtyard, Garden | Common Charges: $3,707 | RE Taxes: $5,685

A virtual doorman affords privacy and convenience, where one enters with key-card access to a sculptural entrance with a floating staircase. All glass NanaWalls frame the main floor creating an indoor/outdoor experience by connecting the living and dining area to a 1,200-square-foot terrace with a fireplace and views of One World Trade Center. Listed at CORE by Emily Beare, 212-726-0786, ebeare@corenyc.com.

21 Perry Street in the West Village

$13,850,000

Townhouse: 12 rooms, 5 beds, 4 baths | Amenities: Garden, Patio, 6 Fireplaces, Library, Chef’s Kitchen | RE Taxes: $21,909 A townhouse in the heart of the West Village on coveted Perry Street, this residence features a renovation by the influential AD100 designer Steven Gambrel, that combines artisan craftsmanship with 21st century luxury. The result is a turn-key house in rare condition for prime West Village. Listed at Sotheby’s International Realty by Joshua Wesoky, 212-431-2465, Joshua.Wesoky@sothebyshomes.com.

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LISTINGS

NYC’s

Premier

Properties

10 Madison Square West, 14D in the Flatiron District

$14,000,000

Condo (3,309 sf): 8 rooms, 4 beds, 4.5 baths | Amenities: Courtyard, Spa Services, Fitness Room | Common Charges: $4,146 This 3,309-square-foot, four-bedroom, four-and-a-half-bath corner residence offers a sprawling open floor plan and Madison Square Park and city views. Conceived by renowned designer Alan Wanzenberg, the coveted 10 Madison Square West aims to offer comfort and luxurious livability. Listed at Douglas Elliman by Darren Sukenik , 212-727-6111, dsukenik@elliman.com .

66 East 11th Street, THA in Greenwich Village

$14,000,000

Condo (3,663 sf): Amenities: Garage, Rooftop Deck, Private Storage For Fee | Common Charges: $4,332 | RE Taxes: $3,280 66 East 11th Street, defined by its ornate terra-cotta facade, Italianate design, and oversized windows, is located in the heart of Greenwich Village. Built in 1897 and once home to a dress factory, this building has been transformed into sophisticated homes. Listed at Dolly Lenz Real Estate by Dolly Lenz, 917-885-9169, idollylenz@gmail.com.

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LISTINGS

NYC’s

Premier

Properties

$14,500,000

155 West 11th Street, 7A in Greenwich Village Condo (3,687 sf): 6 rooms, 4 beds, 4.5 baths | Amenities: Bike Room, Garage, Courtyard | Common Charges: $6,443 | RE Taxes: $6,315

This spacious corner residence features direct elevator entry and a dedicated service entrance, a private south-facing balcony, highly-crafted details and luxurious finishes. Interiors offer floor-to-ceiling glass windows, oak hardwood floors and custom millwork that adds to the tailored character of the home. Listed at Corcoran Sunshine Marketing Group by Greenwich Lane Sales Center, 212-633-1112, info@thegreenwichlane.com.

$14,500,000

132 East 65th Street, PH4 on the Upper East Side Condo (3,695 sf): 6 rooms, 4 beds, 4.5 baths | Amenities: Fitness Room, Lounge, Rooftop Deck | Common Charges: $5,809 | RE Taxes: $822

The Touraine is a boutique building designed by Lucien Lagrange, with interiors by Stephen Alton, in the heart of the Upper East Side’s toniest neighborhood, Lenox Hill. PH4 is a full-floor, triple-exposure apartment. Listed at Douglas Elliman by Horacio LeDon , 212-702-4036, horacio.ledon@elliman.com.

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LISTINGS

NYC’s

Premier

Properties

$14,750,000

33 East 74th Street, 4B on the Upper East Side Condo (3,889 sf): 6 rooms, 3 beds, 3.5 baths | Amenities: Fitness Room, Rooftop Deck, Private Storage | Common Charges: $5,247 | RE Taxes: $6,329

At 33 East 74th Street, old-world charm has been retained by acclaimed interior designer Alexandra Champalimaud and Beyer Blinder Bell Architects. Ebonized mahogany double-leaf doors lead into a grand foyer decked in vein-cut Osso Travertine with pinstriped limestone inlay. The three-bedroom, threeand-a-half-bath residence boasts 3,889 square feet of living space with airy, stepped ceilings, solid oak flooring, oversized windows, custom moldings and millwork, striking fixtures and bespoke finishes. Listed at Douglas Elliman by Katherine Gauthier, 212-769-9832, kgauthier@elliman.com.

551 West 21st Street, 12A in Chelsea

$15,900,000

Condo (4,271 sf): 8 rooms, 4 beds, 4.5 baths | Amenities: Bike Room, Driveway, Garage | Common Charges: $6,883 | RE Taxes: $5,393 This four-bedroom, four-and-a-half-bath-home, perched high above West Chelsea's streetscape and the High Line Park, features four exposures with panoramic views of the Hudson River, Midtown and Downtown Manhattan. With direct elevator access through a private vestibule, this column-free home offers a center galley and a southwest facing corner grand room with adjacent library and formal dining room. Interiors designed by Foster + Partners include a topof-the-line kitchen by Molteni with beveled Blanco de Macael marble countertops, oak cabinetry and French-inspired oak herringbone wood floors. Listed at Brown Harris Stevens by Erin Boisson Aries, 212-317-3680, earies@bhsusa.com.

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LISTINGS

NYC’s

Premier

Properties

$16,000,000

156 Reade Street in Tribeca Townhouse (6,800 sf): 5 beds, 4.5 baths | Amenities: Fireplace, Elevator, Terrace, Pets Allowed | Maintenance: $4,593 | RE Taxes: $3,450

This 25-foot Tribeca townhouse offers six levels of open, sun-flooded living space, park views, and a private elevator and private rooftop oasis. Designed by famed architect/developer John Petrarca, who formerly resided here, this contemporary 6,800-square-foot home is located on charming cobblestoned Reade Street. Listed at Douglas Elliman by Robert Dvorin, 212-460-0621, rdvorin@elliman.com.

10 West Street, PH2/3C in Battery Park City

$17,000,000

Condo (4,293 sf): 10 rooms, 4 beds, 5 baths | Amenities: Hardwood Floors, Fireplace, Elevator, Terrace, Skyline View | Common Charges: $5,640 | RE Taxes: $6,077 PH2/3C at The Residences at the Ritz-Carlton in Battery Park City sits at the southernmost tip of Manhattan. This sprawling 10-room penthouse offers space, luxury, views, privacy and location with a generous layout thanks to four bedrooms and five full bathrooms. It features a grand foyer and a 25-by30-foot living area with 150 feet of windows with unobstructed views of the Statue of Liberty and Hudson River. Listed at Nestseekers by Ryan Serhant, 646-443-3705, ryans@nestseekers.com.

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LISTINGS

NYC’s

Premier

Properties

$18,000,000

560 West 24th Street, PH1 in Chelsea Condo (4,596 sf): 8 rooms, 4 beds, 4.5 baths | Amenities: Bike Room, Courtyard, Garden | Common Charges: $7,267 | RE Taxes: $7,461

560 West 24th Street in the heart of the West Chelsea Arts District aims to treat authentic materials and space in a modern way. The building offers six fullfloor residences and two duplex penthouses. This is the first new construction condominium project from Steven Harris, who was featured on Architectural Digest’s 2014 AD100 list of the world’s best interior designers and architects, done in collaboration with Adam Gordon and Tavros Development. Listed at Urban Compass by Leonard Steinberg, 917-385-0565, ls@urbancompass.com.

$18,888,800

247 West 46th Street, PH2 in Midtown Condo (4,333 sf): 9 rooms, 4 beds, 4 baths | Amenities: Doorman, Fireplace, Elevator, Terrace, New Construction | Maintenance: $4,593 | RE Taxes: $3,450

This triplex apartment has four bedrooms and a rare separate catering kitchen ideal for entertaining large parties. Perched atop a tower, this customized home affords impressive views of Midtown, the Theater District and the Hudson River. Multiple exposures provide abundant light. Additional features include an open living room with 24-foot, double-height ceilings, and a large master bedroom suite with customized dressing room/walk-in closet. Listed at Modern Spaces NYC by Reyn Rossington, 917-455-8864, reyn@modernspacesnyc.com.

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LISTINGS

NYC’s

Premier

Properties

$25,000,000

212 West 18th Street, PH5 in Chelsea Condo (3,396 sf): 7 rooms, 3 beds, 4.5 baths | Amenities: Bike Room, Fitness Room, Sauna | Common Charges: $3,264 | RE Taxes: $2,178

This turn-key, furnished duplex penthouse spanning 3,396 square feet offers three bedrooms, four-and-a-half bathrooms and a 190-square-foot terrace with unobstructed Downtown views. The residence opens onto a gracious gallery that leads into an expansive living room and dining room with access to the terrace. Listed at Corcoran Group by Leighton Candler, 212-937-6677, lcc@corcoran.com.

$29,995,000

61 Fifth Avenue, PH in Greenwich Village Condo (5,924 sf): 9 rooms, 4 beds, 4 baths | Amenities: Bike Room, Courtyard, Garden | Common Charges: $11,413 | RE Taxes: $14,735

The new, LEED-certified boutique condominium project located at 61 Fifth Avenue combines the spirit of Greenwich Village with a modern luxury lifestyle. This sprawling triple-floor penthouse boasts 5,924 square feet. Listed at Douglas Elliman by Fredrik Eklund, 212-727-6158, feklund@elliman.com.

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LISTINGS

NYC’s

Premier

Properties

$39,900,000

157 West 57th Street, 62A in Midtown Condo (4,483 sf): 6 rooms, 3 beds, 4.5 baths | Amenities: New Construction, Concierge | Common Charges: $7,095 | RE Taxes: $509

One57 is a new luxury project designed by Pritzker-award winning architect Christian de Portzamparc with interiors by Danish designer Thomas Juul-Hansen. This triple mint three-bedroom, four-and-a-half-bath delivers Central Park and Midtown views from floor-to-ceiling windows throughout the apartment. A gourmet kitchen offers appliances by Miele and cabinetry by Smallbone of Devizes. Listed at Sotheby’s International Realty by Elizabeth Sample, 212-606-7685, Elizabeth.Sample@sothebyshomes.com.

$40,000,000

11 North Moore Street, PH in Tribeca Condo (7,061 sf): 10 rooms, 5 beds, 5.5 baths | Amenities: Garage, Courtyard, Fitness Room | Common Charges: $5,197 | RE Taxes: $15,109

This penthouse atop the coveted 11 North Moore condominium project comprises 7,061 interior and 3,168 exterior square feet and features grand proportions, soaring ceilings, and a layout ideal for entertaining and luxurious living. A private elevator opens to a gracious entry foyer that leads to the doubleheight great room, which is lined with 28 windows overlooking the verdant courtyard garden and picturesque Varick Street. It also features a set of double doors that open to the terrace. The eat-in kitchen features a breakfast bar and dining area, and flows into the family room. Listed at Douglas Elliman by Fredrik Eklund, 212-727-6158, feklund@elliman.com.

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YEAR IN REVIEW

It’s a smash!

A roundup of jaw-dropping NYC real estate records set in 2014 BY CHRISTOPHER CAMERON

PRICIEST LISTING BELOW 34TH STREET The Ritz Carlton (10 West Street) The Woolworth Building penthouse got lots of attention when it hit the market for $110 million in June — at the time, it was the highest-priced residential condo ever downtown. But a few weeks later, three penthouses at the Ritz Carlton in Battery Park smashed that record when they were listed as a single combination unit for $118.5 million. Located at 10 West Street, the spread, listed by Nest Seekers’ Ryan Serhant, is, at present, Manhattan’s priciest unit on the market. At roughly 15,500 square feet, it’s also the largest condo.

PRICIEST DOWNTOWN RESIDENTIAL SALE Walker Tower (212 West 18th Street) In January, a unit at Walker Tower sold for $50.9 million — the most ever paid for a residential property downtown, according to both city records and Elliman listing broker Vickey Barron. The 5,950-square-foot, five-bedroom apartment, which was dubbed Penthouse One, was listed in September with a $55 million price tag. Neil Moffitt, CEO of Hakkasan, is reportedly the buyer.

PRICIEST CO-OP SALE 834 Fifth Avenue Last month, Leonard Blavatnik (pictured above) ponied up $80 million for a duplex at 834 Fifth Avenue — the most expensive co-op ever sold in the city. The billionaire businessman paid $5 million over the asking price for the five-bedroom on the 11th and 12th floors. If the co-op closes at this price, it will best the $71.3 million hedge funder Israel Englander paid earlier this year for a duplex at 740 Park Avenue.

PRICIEST RENTAL DEAL New York Palace Hotel (455 Madison Avenue) Late last year, the New York Palace Hotel wrapped up a $140 million renovation, adding four penthouse rental units to its 26 residences. Two of these have rented for $250,000 a month — the most ever paid for a New York City rental, according to Brown Harris Stevens’ Margaret Bay, who marketed the units. Known as the Champagne suite and the Jewel suite, both units found month-to-month takers at their asking rents, Bay said. The first suite features Dom Pérignon–themed interior design; the second has $1.5 million worth of Martin Katz–designed jewels on display.

PRICIEST SALE EAST OF THIRD AVENUE The Charles (1355 First Avenue) This spring, the penthouse at the Charles, a glass-and-limestone condo building on First Avenue and East 73rd Street, went into contract for $37.9 million — more than double the previous sales record set east of Third Avenue on the Upper East Side, according to the New York Times. The 11,750-square-foot, 12-bedroom penthouse spans four full floors. Work is expected to wrap up on the building by the start of the second quarter of next year.

TALLEST RESIDENTIAL BUILDING 432 Park Avenue Last month, the über-luxury condo tower 432 Park Avenue topped out, officially making it the tallest residential tower in the Western Hemisphere at 1,397 feet. That superlative, however, will likely be short-lived: Just blocks away, at the corner of Broadway, another West 57th Street residential super-tower (dubbed the Nordstrom Tower) is planned for 1,775 feet.

Luxury Listings NYC  November/December 2014  89


New York City

Hamptons

Connecticut

New Jersey

Hudson Valley

VIRTUALLY STAGED

UPPER EAST SIDE, NEW YORK CITY SUN-FLOODED CONDO 2 BR, 2.5 BATH | $4,975,000 | Web#10230921 Laurie Silverman 212.381.4262

UPPER WEST SIDE, NEW YORK CITY

MIDTOWN EAST, NEW YORK CITY

3-STORY TOWNHOUSE IN THE SKY

INCREDIBLE VIEWS & TERRACE

8 BR, 9.5 BATH | PRICE UPON REQUEST | Web#11011046

2 BR, 2.5 BATH | $1,550,000 | Web#11255137

Louise Phillips Forbes 212.381.3329

Elayne Reimer 212.381.3372

VIRTUALLY STAGED

UPPER EAST SIDE, NEW YORK CITY ASTOR TERRACE CONDO 3 BR, 3 BATH | $1,795,000 | Web#11242831 Eloise Johnson 212.381.3224

TRIBECA, NEW YORK CITY

SOHO, NEW YORK CITY

DUPLEX PH WITH PRIVATE TERRACE

TRIPLE MINT HOME

3 BR, 3.5 BATH | $6,500,000 | Web#11249382

3 BR, 3.5 BATH | $11,500,000 | Web#11207046

Arlene Weidberg 212.381.3321

Elaine B. Tross 212.381.3322

Halstead Property, LLC; Halstead East Hampton, LLC; Halstead Property Connecticut, LLC; Halstead Connecticut, LLC, Halstead Hudson Valley, LLC We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Broker.


New York City

Hamptons

Connecticut

New Jersey

Hudson Valley

UPPER EAST SIDE, NEW YORK CITY SUN & VIEWS 2 BR, 2.5 BATH | $3,295,000 | Web#10869850 Nakta Thomas 212.381.3243

MIDTOWN EAST, NEW YORK CITY

AMCRAM, NEW YORK

DUPLEXED PENTHOUSE – PRIVATE TERRACE

HERMITAGE FARM

4 BR, 3 BATH | $2,995,000 | Web#11309010

4 BR, 4.5 BATH | $1,900,000 | Web#10132514

Brian K. Lewis 212.381.2252

Nancy Felcetto 212.381.6554

VIRTUALLY STAGED

CARNEGIE HILL, NEW YORK CITY NO BOARD APPROVAL 3 BR, 3 BATH | $2,999,999 | Web#10869781 Eloise Johnson 212.381.3224

UPPER EAST SIDE, NEW YORK CITY

GREENWICH VILLAGE, NEW YORK CITY

RARE MINT 8 ROOM

LOFTY MULTI-LEVEL HOME

3 BR+Maids, 3 BATH | $5,950,000 | Web#11038300

2 BR, 3 BATH | $1,999,000 | Web#142495

Diana Ventura 212.381.2316

Lisa Wiener Koenig 212.381.6535


Luxury Listings NYC | KIMBERLY GUILFOYLE | November/December 2014  

Luxury Listings NYC is a tabloid-sized glossy magazine focusing on apartment and townhouse listings in Manhattan, plus dedicated real estate...

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