EXCLUSIVE: Attendance at city pools and beaches up this year, according to Parks Department

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The water was just perfect.

Attendance at the city’s pools and beaches was up by a combined 25% as of Sept. 11, according to the Parks Department.

Park officials attributed the swell in swimmers — from 19.6 million visitors last year to 24.6 million — in part to several days of record-hot temperatures and a host of upgrades at Sandy-ravaged beaches.

“We are just thrilled,” said Parks Department spokesman Sam Biederman. “Thanks to ongoing pool and beach improvements, visitors continue to grow.”

The city has invested more than $140 million to fix storm-wrecked Rockaway Beach. The repairs include a new boardwalk as well as renovated public bathrooms and lifeguard stations.

Despite the ongoing construction, attendance at the city’s largest beach jumped from an estimated 4 million last year to 7.6 million this year so far, parks officials said. That’s close to the estimated 7.8 million sunbathers who hung out at the Queens beach in 2012 before the storm hit.

Coney Island remains the most popular beach, attracting an estimated 12.3 million visitors this year.

The method of estimating crowds at the city’s nine beaches is an inexact science, parks officials said. Attendance is determined by visual estimations made by beach supervisors twice a day.

The pool figures are easier to calculate because they each have a central entrance.

The 1.9 million swimmers at the city’s 55 pools was the highest mark in five years between Memorial Day weekend and Labor Day, records show.

The most popular pool was the massive Astoria Pool, which attracted 182,621 swimmers this year. The 330-foot-long pool is the largest in the city’s system. The renovated McCarren Park Pool in Williamsburg, Brooklyn, was second with 150,149 visitors, and Sunset Park Pool in Brooklyn was third with 113,190 people.

Labor Day has typically been the final day for both public pools and beaches. But the Parks Department got $687,000 in added funds to keep the beaches open until Sunday, Sept. 13. The extra time did not apply to pools.

As for the warm weather, there have been 20 days the temperature has risen to 90 degrees or higher, compared to eight last year. The city also experienced a record 62 consecutive days with a high temperature of 80 degrees or above between July 10 and Sept. 10.

“It was significantly warmer this year,” said Carlie Buccola, a meteorologist with the National Weather Service.

Source: http://www.nydailynews.com/new-york/attendance-city-pools-beaches-year-article-1.2359013

Delayed no more: First New York City subway station in two decades opens with a construction bill of US$2.4b

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New York City is opening its first new subway station in more than two decades.

Almost two years after its initial promised opening date, a subway stop at 34th street and 11th Avenue is ready for business, adding a new transit option to a part of the city experiencing a construction boom and drawing new visitors to the High Line, the repurposed elevated railway that is now a popular park.

The station on Manhattan’s far West Side extends the No. 7 train 2.4 kilometers past its current last stop in Times Square, and it’s the first station added to the system since 1989. Service was scheduled to start late Sunday, following a ribbon-cutting ceremony.

The station will serve the new Hudson Yards project — about 17 million square feet of office, residential and hotel space being built where only rail yards used to be. Transit officials point out it’s the only subway line serving the area west of Ninth Avenue below 59th Street.

“It is the centerpiece toward redeveloping the far West Side,” said Metropolitan Transportation Authority spokesman Kevin Ortiz.

Construction on the $2.4 billion project, financed by the city, started in 2007 under Mayor Michael Bloomberg and was initially projected to be completed by December 2013, but officials pushed that back several times.

Ortiz said the delays stemmed from making sure components like escalators, elevators and some communications systems were in place and running properly.

The station is the first in the system to have elevators that travel on an incline like escalators do, and will also maintain a steady temperature of between 22 and 26 degrees Celsius on platforms no matter the outside weather.

Richard Barone, director of transportation programs for the Regional Plan Association, said the new extension will spur redevelopment “of an area that was pretty much inaccessible.”

Commuter advocate Gene Russianoff, of The Straphangers Campaign, agreed it was about redevelopment, and didn’t consider it “a giant step forward for the system.”

“It has more to do with real estate than it has to do with serving the riding public,” he said, adding that the other infrastructure projects in the works would do more.

Source: http://www.scmp.com/news/world/article/1857709/first-new-york-city-subway-station-2-decades-opens

Affordable luxury homes coming to Yorkville and the Upper Eastside

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With all of the high priced new developments being built all over the city, Yorkville the stretch of 72nd to 96th streets east of Third Avenue is still affordable.

New and affordable luxury condos are coming to the Upper East Side. A new 21-story project just 200 feet from the future 96th Street stop is targeting buyers who can’t afford Downtown prices.

While some developments in the area are no longer considered as affordable luxury, there are many that are.

Over a dozen new buildings are being built in Yorkville, and they’re attracting buyers who see Yorkville as a place where homes are a bargain.

With the fall real estate season upon us, hundreds of new apartments—both condos and rentals will inundate the real estate market in the next few months.

Public transportation is limited east of Third Avenue, but it won’t be that way for long. In addition to the crosstown buses, the Second Avenue subway is due to be completed in late 2016, not to menti0n the soon to be completed “Q” line. And this neighborhood does not lack for restaurants. There is even a new Whole Foods.

Yorkville has been a long-time favorite for those wanting to live near private and prep schools, but as both land and condo prices hit record highs, there is a whole new interest in Yorkville.

According to StreetEasy in 2010, Yorkville’s median sale price was $663,500.

In July, StreetEasy reported Yorkville’s median price per square foot was $1,098, up 5.1 percent from the year prior and a whopping 29.8 percent from the month prior. The Upper East Side as a whole, of course, boasts a higher median: $1,694 per square foot in July.

It may not be Downtown, but it certainly is more affordable.

With three quarters of New York City residents living here as renters, Yorkville and the Upper Eastside awaits a new crop of construction set for completion and leasing in the 2016.

Because closing on new construction can take up to two years or longer, for those who want to buy and move in immediately, there are a few luxury condos with large full-floor apartments on the Upper Eastside.

Source: http://www.examiner.com/article/affordable-luxury-homes-coming-to-yorkville-and-the-upper-eastside

NYCHA Plans New Affordable Units in Boerum Hill and Upper East Side

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 Wyckoff Gardens in Boerum Hill.

Wyckoff Gardens in Boerum Hill.

NYCHA

NEW YORK CITY — A proposal from the New York City Housing Authority could bring more than 1,000 market-rate and affordable units to two housing projects in Manhattan and Brooklyn, officials said.

NYCHA seeks to construct new developments on underutilized land in Boerum Hill’s Wyckoff Gardensand the Upper East Side’s Holmes Towers under its NextGen Neighborhoods program, a 10-year strategic plan that seeks to boost the city agency’s operating deficit and provide funds for capital needs.

The new units would be 50 percent market-rate and 50 percent affordable with a portion of the revenue used for repairs and improvement projects within the NYCHA developments.

The remaining funds would be used for other operating costs within the system. NYCHA could not immediately provide a cost or revenue estimate for the proposals.

For Wyckoff Gardens, NYCHA is proposing to replace two unused parking lots with two buildings that would host 550 to 650 units.

The Boerum Hill low-income housing development, bound by Third Avenue, Wyckoff, Baltic and Nevins streets, currently has three buildings with almost 530 units.

For Holmes Towers in the Upper East Side, NYCHA is seeking to replace and move a playground and construct a building with 350 to 400 units.

The Towers, which already include two buildings with nearly 540 units, is located on First Avenue between 92nd and 96th streets.

The income for affordable housing would be capped at a minimum of 60 percent of the area media income but there may be scope for deeper affordability as the process continues, spokeswoman Jackie Primeau said.

But most of the details of the proposals, including the percentage of revenue that will be used for capital needs in Wyckoff and Holmes, will be dependent upon community input from residents.

Wyckoff and Holmes were selected because of the space for new buildings, the need for repairs in existing units as well as for affordable housing in the areas.

The Upper East Side and Boerum Hill were also seen as highly marketable neighborhoods for the units.

NYCHA is planning a series of “resident engagement” meetings for feedback on the proposals, Primeau said.

This week, NYCHA began contacting residents in both developments. The agency plans to host a number of local sessions and a public resident forum in the first week of October, she added.

Community input is key in determining what portion of the revenue should be used for funding needs within the NYCHA developments as well as prioritizing the required repairs and improvements.

These engagement sessions will continue until early next year after which NYCHA will issue a request for proposal or RFP.

NYCHA has also committed to creating a local resident hiring program for job and training opportunities.

“As we start this comprehensive, inclusive process and engagement moves forward, we cannot forget our purpose and why we are doing this — we must save NYCHA today and for tomorrow; we can no longer kick the can further down the road to address our finances, resident concerns and pressing infrastructure needs,” NYCHA chair and CEO Shola Olatoye said in a statement.

Source: https://www.dnainfo.com/new-york/20150910/boerum-hill/nycha-plans-for-new-affordable-units-boerum-hill-upper-east-side

De Blasio aide slams rich New Yorkers’ refusal to acknowledge administration’s good work

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A top aide to Mayor de Blasio blasted the city’s elites for refusing to acknowledge the good work the administration has done – and accused them of hating the mayor because he’s not in their posh “golf club.”

“Most of the people in [City Hall now] are not familiar to [our critics]. In the past 12 years they’ve been hanging out at [East Hampton’s posh private golf course] the Maidstone Club with [Bloomberg’s people] and it’s been really nice and easy,” Deputy Mayor Alicia Glen said in a lengthy profile of the mayor in Vanity Fair.

“But at the end of the day … paid child care, building rental housing, creating a ferry system—these are things any smart person running a city would be doing. The fact that these people don’t go to the same golf club as Bill de Blasio? O.K., whatever. That’s all this is about.”

The long feature, which has been in the works for months and was released hours before the mayor makes a MSNBC appearance with his wife Chirlane McCray, also includes interviews with the mayor, who says his willingness to shake up the status quo has brought criticism.

“I came in saying I was going to change things and acted on it, and I think there are some people who don’t like the changes, so they fill in the blanks any way they want,” de Blasio said, when asked about the perception that he’s not interested in the day to day managing of the city.

De Blasio was also asked if he still believes young minority men should be careful of police, a reference to the mayor’s revelation last December that he told his son Dante to “take special care” with cops after the death of Eric Garner in Staten Island.

APRIL 15, 2015 FILE PHOTO.NATI HARNIK/AP

De Blasio thinks “there are some people who don’t like the changes” he’s made since he took office.

De Blasio said the conversation was about a “history” that parents of color have to deal with.

“Why can’t we be honest about that and recognize it’s something we need to overcome? I think we’re in the process of overcoming it. I think that conversation’s going to be a lot more rare over the next 10 or 20 years from now, but we’re not quite there yet,” he said.

At the time his remarks to his teen son, who is half black, set off a firestorm among the NYPD, and Patrolmen’s Benevolent Association Patrick Lynch said the mayor had thrown cops “under the bus.”

But the Rev. Calvin Butts told Vanity Fair that de Blasio didn’t do enough for black New Yorkers after Garner’s death, and for failing to fire the cop who administered the chokehold the medical examiner ruled contributed to the Staten Island man’s death.

“I think he feels comfortable in whoever is advising him that the black community is in his pocket,” said Butts, an influential black pastor in Harlem.

Rev. Calvin Butts stopped short of calling de Blasio a "liberal racist."

Rev. Calvin Butts stopped short of calling de Blasio a “liberal racist.”

He added, “I feel strange saying this, but ‘People in the black community, please, don’t be taken for a ride by this man.’ ”

Butts, who supported de Blasio’s 2013 election challenger Bill Thompson, said he can’t get a meeting with the mayor’s commissioners, and came close to accusing him of being a racist.

“We’ve seen liberal racists before,” Butts said.

“I’m not going to call him a racist just yet. I just think that his posture shows great disrespect for the black and brown communities. Great disrespect. I will not call him the r-word. But it’s terrible now. It’s condescending.”

In the article, de Blasio concedes he does need to work on improving himself in one aspect. He said his frequent tardiness is probably the result of allowing too many people to speak in meetings.

“I do feel it’s my obligation to listen, sometimes to a fault…. I don’t want to have a meeting and leave the room without resolution,” he said. “I understand why it’s something I have to do better on.”

Source: http://www.nydailynews.com/news/politics/de-blasio-aide-slams-rich-new-yorkers-attitudes-mayor-article-1.2351661

NYC Experiencing Biggest Surge In Residential Construction In Decades

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Over the first six months of 2015, developers received more than 42,000 building permits for apartments and houses, according to the U.S. Census Bureau. That number outpaces any full year since 1963.

Michael Slattery, senior vice president of the Real Estate Board of New York, called the surge “staggering.”

NYC Experiencing Biggest Surge Of Residential Construction In Decades

81339934 NYC Experiencing Biggest Surge In Residential Construction In Decades
Rich Lamb reports

He said the impetus for the wave of activity is the June 15 expiration date of a valuable property tax abatement, called 421a, and changes in the rules.

Under “the new program, there will be no place in the city of New York, where you can building with a 421a extemption without providing affordable housing, and those affordable-housing percentages have gone from 20 percent to 25, in some cases 30 percent,” Slattery explained.

Those changes, he noted, caused developers to act sooner rather than later.

Source: http://newyork.cbslocal.com/2015/09/10/nyc-residential-construction/

City tip-toeing around mandatory inclusionary housing charges

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By David Karnovsky, partner,
Fried, Frank, Harris, Shriver & Jacobson LLP

Last month, quietly and without much fanfare, the DiBlasio Administration announced the outlines of its proposed mandatory inclusionary housing program (MIH) under which developers of market rate housing will be required to set aside a fixed percentage of building floor area for affordable housing units.

The low-key rollout of the proposal was surprising given that MIH was central to the Administration’s 2014 housing plan, Housing New York, and has been a key part of the Mayor’s agenda since the 2013 election campaign.

However, a closer look shows that the announcement was only of the most basic features of the plan. Many details remain to be unveiled, and the process of public comment and scrutiny of the program is only beginning to unfold.

Despite this, one cornerstone of the program is clear — the Administration is advocating a standardized approach under which, rather than customizing MIH for each neighborhood or group of sites subject to a rezoning, the City Planning Commission and ultimately the City Council would select one of among two, and possibly three templates to apply to each rezoning area.

Under the first, 25 percent of total floor area must be for affordable housing units for residents with incomes averaging 60 percent of Area Median Income.

Under the second, 30 percent of total floor area must be for affordable housing units for residents with incomes averaging 80 percent of Area Median Income.

Under a possible third option, yet to be described in any detail, the Area Median Income would be higher but the possibility of City subsidy support reduced or eliminated.

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With this ‘off the shelf’ approach towards MIH, there would be relatively little flexibility for owners, developers and communities to negotiate over what amount of floor area and income ranges are most appropriate for a given rezoning, taking into account factors such as the particular strengths or weaknesses of the neighborhood housing market, special site conditions or infrastructure costs.

For those accustomed to the intensive negotiations and public debates which accompany re-zonings in New York City, whether sponsored by the City or private parties, this may seem like a baffling approach, particularly given the City’s interest in maximizing the amount of affordable housing at every opportunity.

Why this approach? After all, the earlier Housing Plan stressed the need for the program to remain flexible to adjust to different and changing market conditions.

Part of the answer is that a standardized approach is transparent and predictable in a way that alleviates concern about the hazards of the land use review process; in that sense it is simply ‘good government’.

But a significant part of the answer lies in a series of United States Supreme Court decisions relating to so-called ‘exactions’, generally defined as requirements imposed on developers by government to provide, or pay for, a public facility or other amenity as a condition of land use approval.

In a nutshell, the Supreme Court has said that in order for an ‘exaction’ to pass legal muster, it must have an ‘essential nexus’ to the purpose served by the regulation and be ‘roughly proportional’ to the land use concerns it is trying to address — stated differently, the Court has applied a fairly strict ‘means-end’ test to these kinds of government-imposed requirements.

If, then, MIH is classified as an ‘exaction’, the City would need to demonstrate that the development of market rate housing in New York City contributes to a need for affordable housing or exacerbates the affordable housing crunch, and that the amounts and types of affordable housing required by MIH on a site are proportional to the ‘problem’ that market rate development creates.

Reasonable people can differ on the causal relationship between the construction of market rate housing and the City’s severe shortage of affordable housing.

Most would agree, however, that in a city with housing dynamics as complex as those in New York City, it would be difficult to document and convincingly demonstrate one side of the argument or another.

Avoiding the ‘exaction’ label is therefore critical to the success of the City’s MIH program.

When is an affordable housing mandate an ‘exaction’ subject to this kind of strict means-end test? A number of courts have said that the ‘essential nexus/rough proportionality’ test applies when land use agencies engage in individualized, case by case determinations of what to require from the land use applicant.

Why? Because it is in this context that the danger of undue pressure by government to ‘extract’ maximum benefit is greatest.

By contrast, when a mandate is imposed by rule or legislation that prescribes generally applicable and uniform standards to similarly situated properties, that risk is reduced.

While other courts have cast doubt on whether the distinction between individualized determinations and general legislation is all that meaningful, the distinction appears to continue to be viable.

The standardized, rather than customized, approach proposed by the Di Blasio Administration therefore squarely seeks to classify MIH as a form of general legislation of the type that courts routinely uphold if it advances a legitimate government interest, such as promoting diverse neighborhoods and a wide range of housing opportunities.

A property owner who feels that the standard MIH requirements applicable to his or her site will have to seek variance relief from the Board of Standards and Appeals, rather than negotiate an individualized solution with the City.

Will a standardized approach to MIH work, given the enormous complexity of New York City’s zoning and land use system?

Apart from large neighborhood re zonings sponsored by the City itself, there are many instances when owners and developers apply on their own for small-scale re zonings of their own and adjacent properties.

Will a standard-form MIH program work for these privately-sponsored zoning applications or will it have to be adjusted, i.e., negotiated, to address site specific conditions?

For City-sponsored neighborhood rezonings, push come to shove, will the outcomes of the land use review process adhere to standardized formulas, or will the City insist on ‘more’?

Looking beyond rezonings, there are many other kinds of land use actions that can result in an increase in the number of housing units that may be built on a given site — special permits for transfers of floor area, floor area bonuses, or height and setback waivers, to name just a few.

In many cases, these other actions are designed to advance policies other than affordable housing, such as landmark preservation.

If the Administration foregoes applying MIH in these situations, it would lose opportunities to create new affordable housing.

However, devising a system for applying MIH to these actions in a way that balances competing policy goals and accounts for the unique features of each site without leading to the kind of case by case determinations captured by the ‘exaction’ label will be a significant challenge.

During the upcoming public review of the City’s MIH proposal, various parties can be expected to argue for more flexibility than a standardized model provides — for example, developers may argue for an approach that takes closer account of local market conditions and site constraints, while community groups and housing advocates may argue for more flexibility to account for the income characteristics of local residents.

However, as the DiBlasio Administration has recognized, the prevailing legal standards discourage ad hoc approaches and push in the direction of a uniform ‘one (or two or three) size fits all’ approach.

The many demands that will be made upon the City by developers, housing advocates, community groups and others during the upcoming public review process may create significant pressure to dilute the standardized approach in favor of allowing for more case by case determinations concerning MIH.

The question will be whether, at the end of the day, the final, adopted version of MIH successfully avoids the ‘exaction’ label.

Source: http://rew-online.com/2015/09/09/city-tip-toeing-around-mandatory-inclusionary-housing-charges/

Brooklyn Heights library development faces hurdle in Eric Adams

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Nearly two months after getting conditional support from a local community board, a controversial plan to redevelop the Brooklyn Heights public library faces a new obstacle.

Borough President Eric Adams, who has an advisory role in the city’s land use process, took issue with much of the proposal and released a list of demands to the Department of City Planning this week.

Among his requests are a new public school and more low-income housing.

“Considering this land use application has been about more than one site or one institution; it represents an opportunity to evaluate the direction of development in Brooklyn Heights and ensure that basic services are met and enhanced,” he said in a prepared statement.

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He said the plan, which involves the sale of a city-owned site to a private developer, “must maximize community benefit above and beyond what has been the standard to date.”

Specifically, he called on developer Hudson Companies to build a new elementary school within the property at 280 Cadman Plaza West and possibly add an annex to P.S. 8, the overcrowded local school. He wants the additional space to include a gymnasium, assembly space and lunch room.

And he demanded a city task force develop a “site identification plan” to “solve the public school seat shortage in and around Downtown Brooklyn.”

Adams also called for all residential units built through the development process to be “permanently affordable” and remain at the site of the current library. The current plan allows the units to be placed elsewhere in the district.

His recommendations will be considered by the City Planning Commission on Sept. 22, his office said.

“The plan for Brooklyn Heights Library is the best and only viable way to deliver a modern new library, $40 million for vital library improvements across the borough and affordable housing within the district. We are grateful for the support of the Community Board, Brooklyn Heights community organizations and people across Brooklyn who care about the future of our libraries,” a spokesman for the library said in an email Wednesday night. “Borough President Adams has shared his ideas about New York City’s libraries and we will take his feedback into consideration as we continue moving forward with the public review process.”

The developer wants to buy the property from the city for $52 million and refurbish the public library into a new, 21,500 square-foot space.

The 36-story tower would include 139 condos, retail space leased by the Brooklyn Roasting Company and Smorgasburg and 114 low- and moderate-income housing units elsewhere in the area.

The final vote on the project lies with the City Council.

Source: http://www.capitalnewyork.com/article/city-hall/2015/09/8576418/brooklyn-heights-library-development-faces-hurdle-eric-adams

The Upper East Side’s last affordable pocket goes luxe

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It’s a tale (practically) as old as time. When New York City real estate thrives, home builders and buyers seek to colonize neighborhoods previously deemed undesirable.

The Financial District was once the exclusive domain of 9-to-5ers; these days, every other office building is a condominium. Along the Hudson River, midtown Manhattan used to be an industrial no-man’s-land of warehouses and strip clubs. No more — residential projects abound.

And now the Upper East Side neighborhood dubbed Yorkville, which stretches from about 72nd to 96th streets east of Third Avenue, is ready for its turn.

Modal TriggerThe area, defined by its dearth of all-glass towers and plethora of tree-lined streets, has long been a favorite for blue-bloods looking to live near prep schools and the FDR Drive — for weekend getaways out East, of course.

But as both land and condo prices hit record highs, it’s attracting a fresh wave of interest. More than a dozen new buildings are on the way, and with them a crop of buyers who see Yorkville as a place where apartments are a relative bargain.

Yes, until the Second Avenue subway comes online in late 2016, public transportation is limited as you approach the East River. But the Q extension’s imminent completion — coupled with a new Whole Foods and easy access to parks, museums, hospitals and other family-friendly perks — all mean people want in on a neighborhood in the throes of a transformation from nice ‘n’ quiet to construction-induced, decibel-busting busy.

Extell Development sure wants a piece of the action, shelling out $100 million for a Gristede’s grocery store on 86th Street near First Avenue. (The property giant already owns at least four tenement buildings in the vicinity, and reports say it’s cobbled together enough land to build something big.) Extell has also filed plans for two smaller projects on 92nd Street and Second Avenue, plus, it’s already begun the foundation of a 30-story building at the corner of 95th and Third Avenue, just a block south of the boundary with East Harlem. Called The Kent, sales of 83 luxe two- to five-bedroom residences in a handsome brick structure will hit the market in the fourth quarter. Talk about flooding the zone!

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A biker tackles Carl Schurz Park’s scenic promenade along the East River.Photo: NY Post Brian Zak

Note that The Kent, set for completion in the fall of 2017, is replacing a row of walk-up tenements that used to dominate their block. Similarly, Icon Realty spent less than $50 million for a comparable row on Second Avenue in the 80s, which it is demolishing with the goal of putting up a chic high-rise on the site. It’s markedly cheaper than Extell’s deal, in part because Icon started assembling properties in 2007. (Icon is working on a second high-rise as well as a shorter rental building in the same neck of the woods.)

Just look at other data and the same trend emerges. In 2010, Yorkville’s median sale price was $663,500, according to real estate listings site StreetEasy. Compare that to the first seven months of this year — it’s 14 percent higher, at $757,500. But remember, the sub-market remains cheaper relative to the Upper East Side at large, which boasts a year-to-date median of $1.15 million.

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Get your fill of brats and glass boots of Warsteiner at Heidelberg.Photo: Stefano Giovannini

Despite the building boom, some low-rises remain, housing institutions, such as German butcher Schaller & Weber and beer garden Heidelberg, that are vestiges of centuries past when Yorkville was an immigrant enclave.

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Schaller & Weber owner Ralph Schaller happily holding his weisswurst.Photo: Anne Wermiel/NY Post

Let’s hope they can hang on: Even more small buildings were razed to make way for star architecture firm SHoP (of Barclays Center fame) to design a tower of 83 condos with Anbau Enterprises at the corner of 89th Street and First Avenue. The building, dubbed Citizen360 because its height will afford many residents an all-around view of the neighborhood, will have 6,000 square feet of amenity space that ranges from music rehearsal and art rooms to a gym and children’s play area. Apartments go on sale this fall, with pricing in the $1.3 million to over-$12 million ballpark.

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The latest rendering for skyscraping Citizen360.Photo: SHoP Architects

“The site was highly undervalued because it was so far east, and there were no good transportation links, and people just weren’t interested or willing to go there. But we saw opportunity,” says Barbara van Beuren, Anbau’s managing director. “I think the absolute prices are manageable. This is not a building full of $10 million apartments.” Still, it points to a future far more expensive than the current data shows.

Just one block from 113-year-old Jewish bakery Glaser’s, which churns out delicious black-and-white cookies, Citizen360’s shimmery facade will rise 410 feet above street level. But trumping them all will be DDG’s under-construction goliath on 180 E. 88th St.At 521 feet, it will be the tallest structure on the Upper East Side north of 72nd Street. Its 48 apartments with 16-foot ceilings and custom lobby artwork launch sales this fall, with two-beds starting from $3.4 million, three-beds from $4.5 million and four-beds from $7 million.

It’s not all about living among the clouds, though. Michael D’Alessio, president of Michael Paul Enterprises, oversaw the overhaul of two smallish rental buildings east of Third Avenue into boutique luxury projects. “They were prime locations for condominiums catering to families,” says D’Alessio of the projects,225 E. 81st St. (a.k.a. The Justin) and 554 E. 82nd St., which have nine apartments between them. “They are three- or four-bedroom units, with big living and dining areas with fireplaces, and they all have outdoor space.” Six have been snatched up, with asks ranging from $2.25 million for a two-bedroom to $5.99 million for a four-bedroom.

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A fireplace-sporting unit inside 554 E. 82nd St.Photo: Michael Paul Enterprises

Meanwhile, another rental-to-condo conversion — Carnegie Park — attracted first-time buyer Elizabeth Dean, who realized Yorkville offered more bang for her buck after house-hunting in lower Manhattan.

“Originally, I wasn’t going to go north of 86th Street. I didn’t know what was above there,” says Dean, 28, who works in finance, paid $1,184 per square foot for her one-bedroom and loves the restaurants, bars and grocery stores that dot the area.

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First-time homebuyer Elizabeth Dean in a model unit at Carnegie Park. She moves into her own one-bedroom soon.Photo: Brian Zak

In July, StreetEasy reports Yorkville’s median price per square foot was $1,098, up 5.1 percent from the year prior and a whopping 29.8 percent from the month prior. The Upper East Side as a whole, of course, boasts a higher median: $1,694 per square foot in July.

“It’ll actually be a great investment,” Dean says. “Downtown is extremely pricey, and I think there’s a lot more upside to the Upper East Side.”

Part of Carnegie Park’s makeover includes a slate of plush amenities designed by classicist Robert A.M. Stern, the architect behind famously ritzy buildings like 15 Central Park West. (The pool, the roof deck and the in-house “mini-Equinox” gym lured Dean.) Available apartments range from a $955,000 one-bedroom to a $7.15 million penthouse.

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You’ll be able to drive up to 20 East End in style via its porte-cochère and motor court. (The latter is depicted in the rendering.)Photo: Hayes Davidson

Stern is also working on a ground-up project at 20 East End Ave. that could pass as a setback-laden prewar, with old-school details like a porte-cochère, which allows residents to enter in a vehicle via an archway from the street and drive right up to the lobby door in a circular motor court. One of these hasn’t been a part of any newly constructed building since the 1930s! About half of its 43 condos, spread across 18 stories, are in contract from $4.49 million to $14.25 million.

Still, three-fourths of New York City residents are renters, and the Upper East Side’s new crop of construction has something for them, too. Related has topped out on a 36-story tower at 205 E. 92nd St., where a playground used to sit. The uber-fancy development will have a massive two-story Equinox gym and a private school for kids with language-based learning disabilities on its lower floors.

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The under-construction rental at 205 E. 92nd St.Photo: Brian Zak

The apartments above, set for completion and leasing in the spring of 2016, will have layouts that skew in favor of three- and four-bedrooms. “There will be thermostats programmable remotely on all the A/C units, and motorized shades in some of the units,” says Bryan Cho, executive vice president at Related Companies. “From the marble bathrooms to the highly designed public spaces and the amenities, it’s what’s usually in condominiums.”

On the rental market sooner is The Rose Modern, a 20-story, 82-unit tower currently finishing up construction on York Avenue. The leasing office will open the first week of October offering “competitive” rents for a luxury building, according to Bond New York’s Douglas Wagner, with move-ins slated for November and December.

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An art-infused kitchen inside a condo at The Charles.Photo: Evan Joseph Images

Want to buy now, and move in immediately? The building most ahead of the curve isThe Charles. Previously stalled after 2008’s downturn, the 32-story condo at 1355 First Ave. got redesigned to emphasize large full-floor apartments before breaking ground in 2012. And it’s paid off. There are four units left out of 27 total, which started at $5.97 million. A recent sale of the top six floors to two unidentified relatives for a total of $59 million made headlines. That price? On First Avenue?

“The preconceived idea of what was considered prime and where you would build luxury has completely changed,” says Jason Karadus of Town, who is director of sales for the Charles along with Ginger Brokaw. “A lot of people in the industry smirked at the pricing — about $2,500 per square foot … Now it’s not so risky, which is why you’re seeing companies like Extell building up what’s left to be developed up there.”

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First look! Once a three-story garage, 302 E. 96th St. will become a 21-story luxury condo.Photo: Handout

Every developable parcel seems to be getting snatched up. Just take a three-story garage on 302 E. 96th St., which developer Wonder Works bought in March for $24 million. On the northernmost border with Harlem, the developer plans to put up a 21-story, 48-unit “affordable luxury” condo building — basically right on the approach to the FDR. (Don’t worry, the facade will have extra soundproofing.)

“The Second Avenue subway station for 96th Street, which will be one of the first ones opened, is just 200 feet away,” says Eric Brody, Wonder Works’ managing partner, who adds that brokers are recommending asking prices of $1,500 to $2,300 per square foot when units go on sale next year. “The buyer is anyone who can’t afford to be in all these downtown neighborhoods, but still wants to live in the city and have incredibly close access to a train.”

Public transit of the future is why Andrew Ellis bought a fixer-upper on 95th Street and Second Avenue in 2013. The 31-year-old consultant paid a mere $430 per square foot for a one-bedroom garden-level duplex. Then came a massive year-long renovation that updated the windows and kitchen appliances. He also completely redid the back yard, adding a rear deck and koi pond. In Yorkville, Ellis discovered a “neighborhood feel” that was a far cry from the raucous scrum of Murray Hill, where he had been renting.

“I had sort of grown out of that,” says Ellis, who is no longer alone in his move uptown. “My high school friends and some college friends are migrating to the Upper East Side. One is two doors down, literally, and two others are a few blocks away. Having that subway there eventually is really what did it for me. This place can only go up.”

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Andrew Ellis stands in his Yorkville backyard, which he completely redid, adding a deck (so that the outdoor space was accessible from the upstairs living room of the duplex) and a koi pond.

 

Source: http://nypost.com/2015/09/09/the-upper-east-sides-last-affordable-pocket-goes-luxe/

The 45+ New NYC Developments Hitting the Market This Fall

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Now that Labor Day is a thing of the past and the dog days of summer are (theoretically) waning away, it’s time to welcome fall the best way we know how: by mapping the hundreds of new apartments—both condos and rentals—that will inundate the real estate market in the coming months. From front-and-center developments like 111 West 57th Street and The Fitzroy to under-the-radar projects like 180 East 88th Street and The Giovanni, there’s no denying that it’ll be a busy fall. And if there’s a project we missed, the tipline is always open.

Fall New Development Map 2015
111 WEST 57TH STREET
At 1,428 feet, JDS Development Group and Property Markets Group’s 111 West 57th Street will be the second tallest residential tower in the city rising 82 stories just south of Central Park. Its 60 apartments—46 of which will be in the tower and 14 of which will be in the building’s base, the landmarked Steinway Hall—will start at a hefty $14 million, making them among the priciest in the city when they hit the market in early fall with Corcoran Sunshine. The slender tower, which will measure just 60 feet across, is designed by SHoP and will have interiors by William Sofield. The tower will be surrounded by a courtyard with a porte cochère nestled inside Steinway Hall. [Rendering by Hayes Davidson.]
ONE SEAPORT
Formerly known as 151 Maiden Lane, this 60-story tower will come in at 670 feet high—tall for the Seaport, but it’s among a new class of sky-grazing residential towers along the East River and counts as its companion Extell’s One Manhattan Square, rising just north of the Manhattan Bridge. Its one-, two-, and three-bedroom apartments will be designed by S. Russell Groves, and most will have terraces with no less than two exposures. Low-floor one-bedrooms will start at just over $1 million and apartments will reach up to around $20 million, presumably for the building’s collection of penthouses. Its 27th floor will have a dedicated Water Club.
JARDIM
Brazilian architect Isay Weinfeld may not have the name recognition of Zaha Hadid, whose space-age condos will rise next door to the former’s new building along the High Line, but his forthcoming structure is no less impressive—and pricey—than his neighbor’s. Jardim, which translates to “garden” in Weinfeld’s native Portugese, comprises two 11-story buildings that will house 36 one- to four-bedroom apartments. Unsurprisingly, landscaped outdoor spaces are a large component of the condo: some homes will have private balconies, and there will be gardens on the ground level. Units will begin at $2 million when sales launch in early fall. [Photo via VUW Studio]
465 PACIFIC STREET
The site of the Avery Hall Investments and Aria Development Group-developed building rising between Pacific Street and Atlantic Avenue along Nevins Street bagged, according to brokerage firm Massey Knakal, “the highest price per buildable square foot ever paid for a large development site of this size in Brooklyn.” With the high price of the site, it seems natural that the 30 Morris Adjmi-designed condos coming to 465 Pacific Street will also be rather expensive; but with a launch date set into fall, the team behind 465 Pacific Street is keeping the building’s pricing rather hush hush. What is known, though, is that more than half of the building’s condos will have private outdoor space, all residents will have access to a 1,300-square-foot rooftop space, and that the building should be complete in early 2017.
280 SAINT MARKS AVENUE
The five-story apartment building rising between Vanderbilt and Underhill avenues in Prospect Heights is being developed by DNA and is designed by DXA Studio. In addition to 32 apartments (all with private outdoor space), the building will have an underground garage with 34 spaces and 54 bike parking spots. There’s no word on pricing yet, but the building should be coming to market within a week.
KING & SULLIVAN TOWNHOMES
Developer SANBA is bringing 22 new townhousesto Red Hook, a neighborhood not often included in new development spotlights. The houses will replace a one-story warehouse, and Morris Adjmi’s AA Studio is the designer. Five different facades—steel, arches, terra cotta, brick, and corten—will be used for variety, and each house will have four bedrooms, three bathrooms, a backyard, a roof terrace, parking, and storage. No word yet on pricing, but sales will launch in September, and they should be complete within a year.
52 WOOSTER
A once-vacant lot at the corner of Wooster and Broome streets is slowly becoming 52 Wooster, a six-story, mixed-use development. The ground floor will have a retail space, while the remaining five floors will feature true three-bedroom apartments, along with a schmancy penthouse (some residences will also have terraces). Apartments begin at $5 million.
CARMEL PLACE
The new modular building on East 27th Streetbetween First and Second avenues rolled out a few of its 22 affordably-priced micro apartments earlier last week, but the development’s 33 market rate apartments aren’t due on the market until later this season. Like their affordable counterparts, the 33 market-rate apartments will range in size from 260 to 360 square feet, but will ask a whole lot more: compared to the $950 to $1,492 asks of the affordable units, the market rate apartments at Carmel Place—as the development’s now known—will be renting for between $2,000 and $3,000 per month. The Monadnock-developed and nARCHITECTS-designed building offers renters amenities in the form of communal areas, a doorman, a gym, a laundry room, and tenant storage, including bike storage.
520 WEST 28TH STREET
The first residential project of starchitect Zaha Hadid in New York City, 520 West 28th Street is bringing 39 condos in a swooping, futuristic shell to the High Line corridor. Sales were initiallyanticipated in early 2015 when the building’s teaser site launched, but that never panned out. Now, with the installation of an art piece of a construction canopy over the High Line that signals the building’s climb to 11 stories, it only seems natural that Corcoran Sunshine will be kicking off sales in the building in the next few months. Early reports for the building’s pricing had it starting at $4.6 million, with its penthouse going for $35 million, but developer Related Companies has had time and a half to mull over its asks meaning that they very well may be higher.
GRAMERCY SQUARE
Joseph Chetrit is busying converting the former Cabrini Medical Center into a four-building mini-megaproject with a total of 223 apartments. All of the prices have been revealed thanks to a tipster, but sales haven’t yet launched. Units range from studios to four-bedrooms and penthouses, with prices ranging from $885,000 to $33 million. The project will have a 12,000-square-foot resident’s club with a 75-foot lap pool, a wine room, a media room, courtyard, and—we are not making this up—a tween room.
393 WEST END AVENUE
Simon Baron Development and Quadrum Globalpicked up the rental building on West End Avenue between West 78th and West 79th streets in 2012, and plans to bring it back to the market this fall. The prewar building’s apartment count has shrunk from 113 to 52, meaning that architect KinlinRutherfurd’s been tasked with combining the apartments into larger one- through four-bedroom units. A few crucial details for the project—like pricing—have been kept quiet, but prospective tenants only have to wait until September, when the project’s expected to hit the rental market, for more details.
ONE HUNDRED EAST FIFTY THIRD STREET
Aby Rosen sure loves his pricey Midtown real estate: The owner of Lever House and the Seagram Building (and the now-controversial Four Seasons Restaurant within) is also behind One Hundred East Fifty Third Street, a 94-unit tower to be designed by starchitect Norman Foster. The long-stalled project is finally moving forward, with Rosen’s RFR Holdings teaming up with China Vanke on the development; renderings show an angular facade that’s quite different from Jean Nouvel’s MoMA tower just down the block. Amenities include a gym with a 60-foot pool, a library lounge, and a media room, and sales are expected to begin sometime this fall. [Photo via DBOX]
515 HIGH LINE
The latest addition to the High Line corridor is really banking on the cachet of the elevated park, dubbing itself 515 High Line. Designed by Soo Chan, the 11-story building will feature an undulating glass facade, and the 12 condos will boast a very hot amenity: terraces with fire pits. Units will be full-floors and duplexes, and prices will range from $5 million to $25 million. Shared building amenities include a catering kitchen and a gym with a steam room. Bauhouse Group is developing.
ONE SIXTY MADISON
It’s been about a decade since plans for a residential tower at the corner of 33rd Street and Madison Avenue were first pitched, but the saga’snearly come to an end as the 319 apartments prepare to hit the market this fall. The studios, one- and two-bedroom apartments will rent from $3,295, which will also afford renters access to the building’s 20,000 square feet of amenities like a 45th-floor lounge with a fireplace and outdoor terrace as well as a nearly 14,000-square-foot private park, fitness center, valet, bike storage, and 24-hour doorman. The building is being developed by J.D. Carlisle Development Corps, in partnership with DLJ Real Estate Capital Partners and Mitsui Fudosan America, Inc. and is designed by SLCE Architects with interiors by Philip Koether Architects. In keeping with the trend, the building will go by the name One Sixty Madison.
XOCO 325
The chocolate-, Catalan-, and comic book-themedXOCO 325 (former chocolate factory, Catalan name, comic book website) is a building that has been in the works for a long time, but developer DDG took over in 2012 and finally got things moving along. The building will feature 21 condos, ranging in size from 1,055 to 4,837 square feet, and many will have balconies or private terraces.
PRINCE
St. Patrick’s Cathedral School on the corner of Prince and Mott streets in Nolita will debut as seven condos and two townhouses this September, when the Time Equities Inc. and Hamlin Ventures-developed project will hit the market from $7.74 million. The block-wide landmarked building will be fitted by Marvel Architects to include a wine room, private courtyard, cold storage, fitness/yoga studios, and in some select apartments, double-height ceilings.
THE FITZROY
A little over a year ago, JDS Development Group and Largo Investment announced their plans to raze three short buildings on West 24th Street between Tenth and Eleventh avenues and erect a condo building designed by Hollywood set designers-turned-architects and interiors gurus Roman & Williams. The 14-apartment building, which will go by The Fitzroy and stick out like a sore thumb against the city’s new glassy builds with its green terracotta facade and copper-framed windows, will have two- to five-bedroom apartments ranging in price from $5.3 million to over $18 million. The apartments are due to hit the market in October with Vickey Barron of Douglas Elliman Development Marketing. [Rendering by Hayes Davidson.]
22-22 JACKSON AVENUE
The boxy, ODA-designed condos next to the High Line have been in the works for some time, the building—located next to what used to be 5Points—inches ever closer to completion. Gershon & Company is developing the project, which will have a large common terrace with a swimming pool, plus a library, rooftop terrace, attended parking, and a lounge.
THE ENCLAVE AT THE CATHEDRAL
The exoskeleton-clad buildings rising alongside (and blocking views of) the magnificent Cathedral of St. John the Divine are being developed by the Brodsky Organization, and they will add 430 rental apartments to the neighborhood. The west tower will feature studios to two-bedrooms, while the east tower will feature one- and two-bedrooms. Rents will start at $2,400 for studios, $3,050 for one-bedrooms, and $4,200 for two-bedrooms, and leasing should begin in late fall. [Photo via Field Condition]
535W43
Another rather large rental building will join Sky in crowning Midtown West the new Large Apartment Building Epicenter of NYC. Patrinely Group, LLC and DHA Capital’s new building 535W43—on West 43rd Street between Ninth and Tenth avenues—is designed by CetraRuddy and will have 280 studios, one-, and two-bedroom apartments. It’ll cost prospective tenants at least $3,000/month to nab an apartment here, but a lease will also give residents access to 20,000 square feet of building amenities including a fitness center, yoga area, demonstration kitchen, screening room, game room, club lounge, children’s playroom, pet spa, and bike storage. Apartments are expected to hit the market in November.
THE SORTING HOUSE
Cadence Property Group’s post office–topping condo, the Sorting House (named because it will sit atop the Radio City Post Office on 52nd Street), wasn’t exactly popular when it was first proposed, but the project moved ahead regardless. Cadence is adding two floors to the current structure, which was built in the 1930s, and will reconfigure the top three floors to be used for residences. There’ll be 30 homes, including flexible one-bedrooms and larger three-bedrooms, and some will even have private terraces. As for price, one bedroom homes are expected to start around $1.3 million when sales begin this fall. Sadly, the Sorting House bears no relation to the Sorting Hat from Harry Potter, so any hopes that this new condo building was some kind of magic condo building should be given up. [Rendering via Wordsearch]
30 WARREN CONDOMINIUMS
Although the development at 30 Warren Condominiums will stretch the entire blockfront along Church Street between Warren and Chambers, the building will only have 23 condos—meaning they’re going to be big. The apartments will be divided between one-, two-, and three-bedrooms, including full-floor penthouses, and will have starting asks just below $2 million. Cape Advisors is developing the project, which replaces two small mixed-use buildings, and Post-Office Architectes is its design architect. Corcoran Sunshine will be marketing the building when it launches sales this fall.
212 FIFTH AVENUE
Once part of the Ring family’s large real estate portfolio, 212 Fifth is on its way to becoming 48 condos, courtesy Madison Equities. They’ll be large and expensive, starting at $3.9 million for a 1,550-square-foot two-bedroom. Prices will max out around $4,500 per square foot, and the building will be topped by a triplex penthouse. According to the Times, interiors will feature chevron-pattern oak floors and Calacatta marble kitchen counters. Additionally, there will be six 400-square-foot studios on the second floor that home owners can purchase as staff apartments.
CITY TOWER
City Point’s 48-story tower will add 440 rental apartments to booming Downtown Brooklyn. Rents in the COOKFOX-designed, Brodsky Organization-developed building will start at $2,450 for studios, $3,300 for one-bedrooms, and $4,500 for two-bedrooms. The tower has 23,000 square feet of amenity space, including a fitness center, basketball court, and “quarter-acre green terrace and landscaped sky terrace.” The tower joins an 80-percent affordable tower, as well as a probably-very-tall tower from Extell. [Photo via Field Condition]
NAVY GREEN
The 24 market rate condos at 8 Vanderbilt Avenue, the last apartment building at the Navy Green megaproject, will hit the market this fall. There are one- to three-bedroom units, and prices will start at $575,000. The other 74 units in the building are affordable, and applications for those were due at the end of May. FXFowle Architects designed the building, which shares a 30,000-square-foot courtyard with three other buildings and 23 townhouses.
118 EAST 59TH STREET
Hong Kong-based Euro Properties is building a 40-story tower at 118 East 59th Street with just 29 condos in Midtown East. Apartments average 2,000 square feet, and prices will start at $4 million for one-bedrooms (that’s $1.2 million more than wasfirst reported). Soo K. Chan of SCDA architects designed the building inside and out, and it will be topped by a four-bedroom triplex penthouse. The building will have two floors devoted to amenities, including an outdoor lounge with a custom water feature.
THE GREENSTONE
Ideal Properties Group is converting a prewar building on Brooklyn’s Fifth Avenue into a green building with six solar powered apartments. The development will have five one-bedroom rentals that will ask between $2,900 and $3,300 and one two-bedroom apartment asking $4,200. The Paul J. Gallo-designed apartments will have fully equipped kitchens, a washer and dryer, and some will have outdoor space. Appropriately, the building will go by The Greenstone.
180 EAST 88TH STREET
Soon to be the tallest building north of 72nd Street,180 East 88th Street is yet another DDG development launching this fall (these guys are busy!). It will feature 48 condos with 16-foot ceilings, and the building will boast several custom artworks, including a piece by piece by German artist Jan Hooss in the lobby and a diorama by Sean Murtha in the sales gallery. Prices have not yet been revealed.
THE BRYANT
David Chipperfield Architects’s first ever residential condo development is on the rise at 16 West 40th Street. Named the Bryant for its proximity to Bryant Park (it’s across the street), the development will hold 57 condos on floors 16 to 33, while the lower levels will hold a hotel. The condos will range from one- to four-bedrooms, and there will be two duplex penthouses. A name change could be in the cards, as developer HFZ Capital has been sued by the owners of the very nearby Bryant Park Hotel—evidently, they own the trademark “The Bryant Park.”
CITIZEN360
The SHoP-designed 34-story tower rising on the Upper East Side shall be known, for some reason, as Citizen360 and go by the address of 360 East 89th Street, not 1711 First Avenue, as previously reported. Developer Anbau’s website used to tout the project as “affordable luxury,” but that seems tohave been dropped with the address change. The building will have 83 one- to four-bedroom units, plus penthouses, ranging from 900 to 4,500 square feet. Prices will start at $1.3 million and max out at over $12 million (so yeah, nothing “affordable” here). Interiors will be designed by “holistic designer Clodagh,” who “will bring a sense of serenity” to the amenity spaces. The lobby will feature a green wall, and there will be a fitness center with a yoga studio and spa. There will also be “an entertainment suite with art studio, music room and screening room,” as well as a lounge and playroom.
559 WEST 23RD STREET
It’s been a long, long road for the lot at 559 West 23rd Street, but it seems the oft-stalled development there is finally becoming a reality. Though details were scant the last time we checked in, more information is now available from Corcoran, which is representing the building. It’ll be a 13-story building with six three-bedroom condos, each of which will come with double-height ceilings and private outdoor spaces. The units begin at $4.5 million and sales are expected to begin in October. [Rendering courtesy Corcorcan]
12 WARREN STREET
If DDG delivers, 12 Warren Street could be one of the most interesting new buildings. The design is inspired by the uneven stacking of bluestone, and the renderings really go all the way with it. The 12-story building will hold 13 full-floor, duplex, and triplex homes. A model unit will be designed by the Future Perfect.
221 WEST 77TH STREET
Naftali Group’s latest garage-to-condo conversion is an 18-story, 26-apartment building. Details on pricing are scant right now, but here’s what we do know: Like Naftali’sother development on the block, 221 West 77th Street is designed by in-demand Danish architect Thomas Juul-Hansen. And according to its teaser site, it will have two- to five-bedroom condos with “spacious floor plans, light-filled rooms, large casement-style windows, Juliet balconies, and exceptional amenities—including a basketball court, gym, roof terrace, and wood-paneled library.”
1 GREAT JONES ALLEY
According to broker Fredik Eklund, there are already “record” registrations for this ultra-luxe condo rising on what was once a Noho flea market. There are only 14 units in the building, including a duplex penthouse, and prices will range from $3.775 million to over $20 million. Adding to that super-exclusive feel, the main entrance for residents is actually on Great Jones Alley rather than street-facing, and is a private, Belgian block-lined alleyway. [Rendering via March.]
55 WEST 17TH STREET
Architect Morris Adjmi is working with Toll Brothers City Living on this project, a 19-story building that will have 53 one- to four-bedroom apartments, once completed. The building is chock-full of luxe amenities, including an outdoor common area with a grill; a playroom for kids; a billiards room; and a fitness center. (How else would they justify the asking price for those apartments, which ranges from $1.5 million to $13.3 million?)
THE GIOVANNI
Onetime mayoral candidate John Catsimatidis has a few projects under construction on or around Myrtle Avenue in Fort Greene, and now, one of those—the Giovanni, located at 81 Fleet Place (pictured in the center of the rendering)—is nearly ready for renters. With 205 units, it’s not quite the largest of Cats’s Fort Greene developments (that would be his building at 86 Fleet, which will have 400 apartments), but it does have plenty of amenities, including a game room, yoga studio, an outdoor garden, and a media room. It’s also notable for being the building that Catsimatidis allegedly wanted to call “The John” (the others are also named for his family members), but held off because, “”Nobody wants to live in ‘The John.'” Units begin at $2,150 for a studio, and go up from there.
THE GRAND TWO
One of the many major developments landing in Flushing, Onex Real Estate’s The Grand Two will bring 247 apartments to the Queens neighborhood. The development, which is the second phase of The Grand at Sky View Parc, is designed by architectsAlliance and will feature a 24-hour staffed lobby, a four-acre landscaped rooftop garden, a basketball court and tennis court, and access to a lounge and fitness facility. Apartments are due on the market in October and will go for around $1,000 per square foot.
THE LIGHTHOUSE
No, not the Staten Island development: This is an 11-unit building going up in Midwood, Brooklyn, with sales beginning sometime this month. The asymmetrical, white-and-glass facade may stick out like a sore thumb on a quiet Brooklyn block, but it comes with Manhattan-esque amenities, including a swimming pool and a “virtual doorman.” There’s also an outdoor terrace on the roof with panoramic views of Manhattan and Brooklyn.
39 MADISON STREET
This new condo in Bedford-Stuyvesant isn’t meant to be ostentatious—according to the brokers at Corcoran, it’s “designed to blend into the neighborhood”—but the 12 units within are quite large, each with a private outdoor area and modern design. One-bedroom homes begin at $600,000 and prices rise from there, with penthouse and garden units available for around $1.3 million. [Photo courtesy Corcoran]
223 PULASKI STREET
The ever-prolific Brookland Capital will be launching sales at 223 Pulaski Street in Bed-Stuy come mid-September. The project between Throop Avenue and Marcus Garvey Boulevard will bring 8 apartments split between a studio, six one-bedrooms, and a two-bedroom duplex to the area. L&C Associates, LLC is designing the building, where amenities will include audio and video intercoms, stainless steel appliances, and washer and dryer hook-ups. Some apartments will have private outdoor space. Pricing is still TBD.
JONES LES
The latest addition to the Lower East Side is the unfortunately named Jones LES, and the 78 apartments will be kind of ridiculously expensive (though pricing is still unconfirmed). Studios will start in the “low $3,000 range,” one-bedrooms in the “high $3,000 range,” while two-bedrooms will start at $5,000 and three-bedrooms at a claw-your-eyes-out $10,000. Shared amenities include a “two-story library lounge with billiard table,” a fitness center, a courtyard, and a rooftop terraces with grills, sung lounges, an outdoor shower, and a movie screenwhere you can watch Die Hard. Leasing will begin October 1.
THE GROVE
A new rental building called the Grove at 30-40 21st Street in Astoria will feature 62 units, ranging from studios to two-bedrooms. All units will have a washer/dryer, maple floors, and Italian kitchen cabinetry, and many apartments will also have private outdoor space. Rents have not yet been revealed.
AKA SUTTON PLACE
Just months after unleashing the first crowdfunded condo-hotel hybrid on the city, developer AKA plans on striking again at Sutton Place. The developer will operate an extended stay hotel with Asfour Guzy Architects-designed condos out of the former Sutton Hotel at 330 East 56th Street. The one- and two-bedroom apartments will go for between $1.5 million and $2.5 million, and will come to market as early as September.
APERTURE 538
The fate of the mid-block lot on Washington Avenue between Fulton Street and Atlantic Avenue was uncertain for nearly a decade before developer Sam Boymelgreen signed on to bring 10 apartments to the site in a project called Aperture 538. Boymelgreen tapped architect Luca Andrisani, who’s designed a Brooklyn Bridge-inspired facade for the project. Apartments in the building will range from studios to three-bedrooms and from $449,000 to $2.4 million,. Each apartment will come with private outdoor space, and building residents will have access to a shared rooftop and bike storage. Sales are anticipated to launch within the next week.
41-07 CRESCENT AVENUE
Architecture firm Fogarty Finger designed a nine-story, 48-unit rental building at 41-07 Crescent Avenue. It will have studios, one- and two-bedroom apartments, as well as a gym, lounge, common roof deck. Construction began about a year ago, and leasing will start in October.
350 DEGRAW STREET
In Carroll Gardens, a small four-unit building at 350 DeGraw Street features two- and three-bedroom units, with prices ranging from $1.2 million to $4.2 million. Three of the units have private outdoor space, and the building has a shared rooftop deck with Manhattan views.
40 SOMERS STREET
Solomon Brecher turned the townhouse at 40 Somers Street in Bed-Stuy into three three-bedroom condo units with prices ranging from $450,000 to $550,000. Not much else to say about this one.

· The 44 New Developments Hitting the Market This Fall (20114 Edition)[Curbed]
· Curbed Maps archives [Curbed]

 

Source: http://ny.curbed.com/archives/2015/09/08/the_45_new_nyc_developments_hitting_the_market_this_fall.php