Thursday, 25 August 2016

Mapping the cheapest apartments in Manhattan's priciest neighborhoods

Remarkably these listings aren't that bad to look at either

If you don't already have over a million dollars stashed away, it seems like a totally futile quest to try to find an apartment in Manhattan, and it's probably even worse if you're trying to land yourself a pad in one of the borough's trendier (aka pricier) neighborhoods. There are some outliers however (shockingly they're not all that bad either), and PropertyShark seems to have narrowed them down. With the help of their redesigned home sales section, they narrowed down on the cheapest homes for sale in Manhattan's ten priciest neighborhoods. This is Manhattan after all, so the list, as you might expect, is predominantly full of studios. PropertyShark focussed on co-ops, and condos on sale, and provided a corresponding median sales price in the neighborhood for the second quarter this year to give a sense of how much these "cheapest" units stray from the pack. In Carnegie Hill for instance, the cheapest home, at $380,000 is six times less than the median sales price of $2.35 million. That's not the case for Noho however, where the cheapest unit at $1.75M is not that far from the median of $3.5M.



from
http://ny.curbed.com/maps/manhattan-cheapest-homes-priciest-neighborhoods

Pier 55 completes first minuscule phase of construction

Nine of the necessary 550 piles are now in place, not much but it's a start

Despite three pending lawsuits and an injunction, the first phase of construction is complete at Hudson River Park’s Pier 55. The first nine piles of 550 that will support the pier have been driven in, helping the project "stay on track" for its 2019 completion (assuming things work out favorably with those lawsuits), reports DNAinfo. It's definitely not much in terms of progress, but given this project's messy path towards become a reality, it's better than having nothing at all.

The Barry Diller and Diane von Furstenburg-funded project received a temporary reprieve in July from the Appellate Division of the State Supreme Court, after a State Supreme Court judge ordered the project to stop construction until the full case was heard in September. Park opponents, City Club of New York, originally filed a suit in June 2015 alleging that the park didn’t undergo a thorough environmental impact study, before that case was dismissed by a Manhattan judge.

"We're thrilled to be taking the first steps in what will become a transformative public park for the community," stated Pier 55's project manager Celine Armstrong. "We look forward to continuing construction this fall and making Pier 55 a reality for all New Yorkers." In the event that the City Club of New York successfully gets a judge to stop the project completely, the nine piles would have to be removed.



from
http://ny.curbed.com/2016/8/25/12647768/pier-55-construction-barry-diller

‘Scarface’ producer’s ritzy Park Avenue pad gets a price bump

Hollywood bigwig Martin Bregman last listed the apartment for about $2 million less

Legendary producer Martin Bregman is letting go of his four-bedroom, four-and-a-half bathroom co-op in an Emery Roth-designed Park Avenue building. It’s actually been on the market for a while now: It first listed in November for $9 million, then the price dropped to $7.9 million. After a brief period off the market, it returned recently with a much higher ask—close to $10 million, which is ambitious.

The pre-war apartment "mixes classical European style with a modern Manhattan sensibility"—make of that what you will—and offers an enormous living room, sunny eat-in kitchen, and 12-person formal "dining salon." For film buffs, though, the highlight might be the delightfully dignified study, which is decked out with a movie projector and a built-in wet bar. The corner apartment also includes a marble bath, multiple fireplaces, maids quarters, and a wine cooler.

A fun game: a press release notes that Bregman, who’s best known for his work on crime dramas like Scarface, Dog Day Afternoon, and Carlito’s Way, in fact filmed parts of his post-1993 movies in this very home. But which movies? Which scenes? This is something for us all to ponder.




from
http://ny.curbed.com/2016/8/25/12646058/scarface-producer-martin-bregman-park-avenue-co-op

Big reveal: $925,000 for a 2BR co-op on Central Park West

Swanky Long Island City rental, soon to have 87 apartments, tops out

City finally issues proposal for Midtown East rezoning

Supermodel Irina Shayk already renting 150 Charles Street condo for $20,000