Category Archives: Real estate

Leonardo DiCaprio rents out 66 E 11 street pad for $25k/month

 

 

It is being reported by CurbedNY that Leonardo DiCaprio has rented out his 66 E 11 street in the Delos building which features built in juicing stations,

Rendering showing posture supporting floors. I am standing up straighter just looking at them.
Rendering showing posture supporting floors. I am standing up straighter just looking at them.

vitamin-C infused showers, posture supportive flooring and a kitchen herbarium among the many healthy living amenities. Continue reading Leonardo DiCaprio rents out 66 E 11 street pad for $25k/month

NYC Buildings with no maintenance charges?

Yes, that’s true. There are a few buildings that have zero or very little maintenance charges. Several are mentioned in the NYT Sunday article in the real estate section. How does this come about? Well, thanks to rising retail rents in neighborhoods like Soho and the West Village, the maintenance charges are almost zero

99 Bank street where an owner of a studio has a monthly maintenace fee of $20 thanks to retail tenants on the ground floor.
99 Bank street where an owner of a studio has a monthly maintenace fee of $20 thanks to retail tenants on the ground floor.
451 Broome street a building with 25 residential apts and 3 retail tenants. A recent listing for just under $4mm had a maintenance of almost zero.
451 Broome street a building with 25 residential apts and 3 retail tenants. A recent listing for just under $4mm had a maintenance of almost zero.

or very little. However, there’s a couple of catches: Continue reading NYC Buildings with no maintenance charges?

520 Park avenue

From the same team that brought 15 CPW comes this 54 story building with ony 31 units. 520 Park avenueZeckendorf development together with the starchitect of starchitects, Robert A.M. Stern bring this 54 story limestone building to life on Park avenue. Well, the building is on the side street but the address thanks to air rights bought from the church gained the address 520 Park avenue.

View from the 54 story limestone condo on the Upper East side
View from the 54 story limestone condo on the Upper East side

Prices start around $16mm for one floor and duplexes around $67mm according the CurbedNY. The penthouse is set to ask a cool $130mm. The building is trying to recreate the success the developer and architect had at 15 CPW which recorded sales over $2 billion and started this whole new construction with prewar exteriors.

Bathing in the sky
Bathing in the sky

The amenities are not that different than 432 Park avenue with a fitness center, garden, lap pool…

Sales are supposed to start this year. It will be interested to see if this building can recreate the success of 15 CPW. That was a different market and 2015 will be the year with much more competition for new luxury developments in Manhattan. 6500 units altogether are set to come to the market in all price points.

 

 

 

 

 

 

 

Pomander Walk UWS hidden gem

Pomander Walk imageCurbed NY took a tour inside one of the Upper West side’s best kept secrets: Pomander Walk. It’s a series of low rise, garden apartments that evoke a feeling of England. It is located on West 94 street between Broadway and West end avenue. The apartments are coops and according to the article the vetting process is rigorous in that they want to make sure that shareholders are going to be part of the community.

There are 61 units in this community with 4 available for sale right now from $375k for a studio to just under $2mm for a triplex. Click the link below to see a gallery of images.

 

 

 

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100 West 93 street NY,NY 10025 Building profile

The Leader House sits at the corner of 93 street and Columbus avenue on the upper west side. It has 279 units and was converted in 2007. The amenities include an attended lobby, gym, and a 17,000 sqft landscaped terrace. Currently, there is an addition of new retail to the building’s ground floor. Offerings include studios, 1,2, and 3 bedroom apartments. Many of the apartments in this condo have terraces.

Currently, there are two 1 bedrooms in the market being offered in the 900’s. This postwar building is located 4 blocks from Whole Foods supermarket, 1 block to Central Park and also 3 blocks from the crosstown bus and the subway. See the link below for more info and a closer look at available listings.

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335 east 27 street NY,NY 10016 Micro units debut this summer

The zoning laws in NYC only allow apartments to be constructed of apartments of a minimum of 400 sqft but thanks to an initiative started under Mayor Bloomberg and continued under the current Mayor we have units in this building coming to the market this summer in the size of 260 to 360 sqft. The rental price will be $2000-3000 per month. Continue reading 335 east 27 street NY,NY 10016 Micro units debut this summer

247 CPW closes for $25mm

One of the few townhouses on CPW has changed hands for $25mm. The 22 foot wide Queen Anne style townhouse near the corner of West 85 street on the Upper West side, was sold at less after chopping it’s initial asking price from $32.7mm to $27.75mm.

The townhouse features over 10k sqft and a 60 ft indoor lap pool. It was purchased in 2006 from Abigail Disney, a grandniece of Walt Disney for $15mm.

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