As part of the Citibike expansion there are now several new stations on the Upper West side including as far uptown as West 84th street. Another station is coming the Central Park west between 97th and 100th street on the super block that houses the Park West Village condominium.
Citibike has also tweaked their app so that you can know the distance that you cover on the bike and how many calories you burned.
Earlier this week the Ghostbusters movie was filming on the Upper west side near 103rd street and West end avenue. No parking signs were posted throughout the neighborhood and right in the middle of the Jewish holidays which was insensitive to say the least. Luckily, they were not towing or ticketing cars according to Gothamist.
This is a remake of the Harold Ramis classic and stars an all female cast. Filming was in Boston and had since moved to New York City.
Developer Mike Naftali certainly learned his lessons from his development 210 W. 77th street. Originally, when sales launched no units sold. After an intelligent reboot, sales were much more successful and now the building is 70% sold. Now the developer will use the feedback given from buyers on the first building to customize his offering for his next condo on the same block at 221 W. 77th street. One of the things they adjusted was making the kitchens more homey and less hotel like according to NYDN. They found that families on the Upper West side wanted more comfort and less hotel like finishes. Additionally,he added in a couple of 2 bedrooms and 5 bedrooms as well whereas the other Upper West side project had no 2 bedrooms and only a handful of 5 bedrooms. Both condos are located on West 77th street between Broadway and Amsterdam avenue. Prices will start from $4.85 million to $23 million for the new condo.
Certes Partners has purchased 214-218 W. 95th street for $26.5 million according to WSJ. They are already the owners of 206 W.95 street which they purchased for $15 million one year ago. The combined cost of $41.5 million for a buildable square footage of 85,000, of about 18 stories, looks like a great purchase. $500 per buildable square foot means that they can build something in the affordable luxury market of around $2000-2500 per square foot. It would be great to see some smaller apartments to address demand but most likely we will see family sized apartments of 1200 square feet and up. The location is great since it’s close to Broadway and one block from the express subway stop at West 96 street.
They are currently discussing with their architecture firm CetraRuddy to see how they should design the building.
With 246 units spread over 42 stories plus an affordable component as well, 1 West end avenue is aiming its marketing at the affordable luxury segment. Prices start at just under $1.6 million for a 1 bedroom to $6.4 million for a 3bd/3.5 ba 2245 sqf 41st floor apartment. Sales are off to a fast start with 100 units in contract according to the developer in less than 2 months. That is not surprising since the average price per square foot is about $2100 per square foot.
According to Crains, the building is the first in the Riverside Center complex which will also include a 616-unit rental building with a school plus 3 other buildings with ground floor retail and public open space. The building is at the corner of West end avenue and 59th street. Is this a good investment and if so why do you think so?
This loft apartment located in a tudor style co-op on 97th street and Central Park west is now in contract. The asking price for the approximately 957 sqft apartment was $1,150,000. Interest was strong due to the 12 foot ceilings, large northern windows and prewar building. The apartment was staged by Rough Luxe Staging shortly before July 4th and within 1 month the buyer came to see it.
According to CNBC, Lowe’s will be opening two stores in Manhattan in the next couple months. The first on Manhattan’s Upper West side will have a soft opening in the next few weeks and though about a quarter of the size of their normal locations, will feature lots of merchandise for Manhattanites. Shortly afterwards, their new Chelsea location will open up as well. The Upper West side location will be at 2008 Broadway in the ground floor of the Copley condo in a space formely occupied by Food Emporium.
This move comes roughly 10 years after Home Depot opened their two locations in the city. Expect urban merchandise like foldable brooms and lots of technology to showcase merchandise not found in the store.
Today, apartment 10C, a south facing 2bd/2ba in 400 Central Park west sold for $1.688 million. The apartment had bright southern exposures as well a western exposure. The monthly charges of taxes and common charges totalled roughly $1300. Park West Village is a cluster of 7 buildings – 4 of which are condos and 3 remain rentals. The condos are located at 372,382,392 and 400 CPW. 400 CPW just like the other buildings has 19 floors, a concierge, gym, childrens’ playroom, laundry room and a parking lot.
400 Central Park west is a postwar condo, located on the corner of 100 street and Central Park on Manhattan’s Upper west, and features studios to 2bd/2ba with some combination units being even larger. There are roughly 414 apartments and yet there is only one apartment available for sale which is a studio that is rented and being offered with the market rate tenant to potential investors. There aren’t any other 2 bedroom/2bath apartments available right now in 400 CPW.
According to DNAinfo, the 30 story building at 70 West 93 street is planning to add 5 stores at the lobby level. This building is a rental building owned by Stellar Management and has a mix or free market and rent-stabilized apartments as well as an assisted living community. Four of the stores will have Columbus avenue entrances. Community Board 7 has an advisory role in reviewing the designs but City Planning needs to review the designs.
Citibike has finalized the locations of new bike stations for Manhattan’s Upper West side. Not too much has changed according to DNAinfo from their proposed plans submitted for public feedback. One station that was slated for 100 street west of Columbus avenue was moved to east of Columbus on the northern side of the street. There will be several stations along Central Park west including one of the western side of CPW on the sidewalk between 97-100 street adjacent to Park West Village.
Initially, the stations were expected late summer but now it appears they will be installed by early 2016. Click here for the map of the stations.
News about the NYC real estate residential and commercial markets provided and interpreted by an industry veteran licensed since 1999. Brian Silvestry of BSRG Inc. Licensed real estate broker