Some New Yorkers have been spoiled by the Bloomberg centrist style of pragmatic management, yet Mayor-elect Bill de Blasio feels the successes of New York have eluded many and wants to make the city more fair.
Recently, New York has started to feel like the epicenter of the film world. We may not have the soundstages, the studio execs or the Hollywood sign, but we do have Steiner studios, the most diverse array of movie theaters in the country and film crews shooting on every other corner (or so it seems).
It’s too bad that celebrated indie producer and longtime resident Ted Hope won’t be able to fully experience New York’s time in the klieg lights. Mr. Hope, who started as the executive director of the San Francisco Film Society last fall, has sold his co-op at 361 West 22nd Street, according to city records, listing his address on the deed as the city by the bay. Hey, at least it’s not L.A.
“Why is everyone so hung up on the East Village?” asked Ben Shaoul in his big New York Times profile last year. The controversial developer may be best known for his East Village conversions and his sometimes-rocky relations with his rent-regulated tenants, but that doesn’t mean him and his partner, Marc Ratner, don’t dabble in higher-end West Side real estate from time to time.
Like, for example, the townhouse at 450 West 25th Street. The duo, operating under Mr. Shaoul’s Magnum Real Estate Group, picked up the property last year for just $2.7 million from painter Christine Amarger, before embarking on a complete gut renovation of the home.
It’s a bird, it’s a plane, no it’s a car elevator! Penthouse 1 at Annabelle Seldorf’s notorious “sky-garage” condo project at 200 Eleventh Avenue has had a hard time finding the right buyer. The three-bedroom, 3.5-bath first hit the market in 2007 asking $9.5 million only to decide a few months later that an apartment Read More
The last of the three Downing Street townhouses, a row of faux oldies developed by Gary Sherman and 1100 architects, has sold for $14.38 million, according to city records, proving that if you build a luxury townhouse, they will come.
Although there was initially some doubt that buyers would flock to modern sandstone townhouses in the West Village when they could have the real deal—creaky stairs, historic cachet and all for roughly the same price—some would-be townhouse dwellers are apparently unconcerned with hanging a plaque outside their front door.
Everybody Go Downtown
Gregory Spock is used to performing librettos before rapt audiences in concert halls from Hartford to Florence. Recently, the 26-year-old has found more intimate venues within the exposed-brick walls of New York townhouses. A Roland keyboard or a baby grand to his right, a pink bow tie around his neck, a songbook in his hands—Verdi always wows `em—Mr. Spock delivers bursts of baroque beauty, all for salesmanship.
Mr. Spock joined Manhattan brokerage Rubicon Property four months ago, after receiving his broker’s license in the winter. He said his new boss liked him for his creativity, which means saving money on those showings.
“A lot of people have food or wine now, but the entertainment isn’t thought out.”
Because who isn’t lulled into signing a multi-million dollar contract by the plaintive moans of Aida?
During last decade’s real estate boom, the real estate party, usually in a newly built condo tower, was a staple of the industry. After the recession hit, nobody could much afford them. Now they seem to be hobbling back, along with the real estate market.
There are bad buildings and there are blockbusters. Tribeca’s Skylofts has managed to be both. Begun roughly 15 years ago, the converted loft building at 145 Hudson Street just sold out its second run of condos in all of two months–a turnaround time that speaks to special building but also a special condition in Read More
Oscar Engelbert has the flare of Donald Trump and the savvy of David Walentas, while making a name for himself at half their ages. The smartly dressed 34-year-old Swede has transformed a number of commercial and industrial buildings in his homeland into housing since founding Oscar Properties in 2004.
It only makes sense, then, Read More
The world was such an innocent place in early September! Lehman Brothers wasn’t yet in bankruptcy, George Bush was still president, and the massive 19th-century brick house at 11 Spring Street, nicknamed the Candle Building, was on the market for $39.8 million.
Caroline Cummings, the 20-something real estate heiress who had bought the place Read More
On Feb. 12, after seas of silk-scarved, shiny-shoed, power-suited real estate brokers shuffle into the Pierre’s ballroom, the colossal real estate brokerage Prudential Douglas Elliman will name its broker of the year. Just as it’s been since Dottie Herman and Howard Lorber bought the company in 2003, and as it will be until the day Read More