Category: Real Estate

In Chelsea, a remnant of NYC’s industrial past will get a revamp

Courtesy of COOKFOX The Terminal Warehouse in West Chelsea will be restored and will get new office and commercial space Chelsea’s historic Terminal Warehouse, a remnant of the area’s industrial past, will soon get a revamp. At a hearing this week, the Landmarks Preservation Commission (LPC) approved plans to revitalize the site and add more commercial and office space. Developers L&L Holding and Normandy Real Estate Partners, who bought the building last year for $880 million, are spearheading the project. The massive 1.2-million-square-foot structure—which sits between Eleventh and Twelfth avenues and West 27th and 28th streets—was first owned by the ... Read more

Inside CrossFit Cofounder Greg Glassman’s Hawaiian Estate

January is big month for fitness; with New Year’s resolutions top of mind, people all around the world aim to start 2020 with healthy first steps. Some adopt new diets while some embark on fitness journeys both at home or with memberships to clubs – clubs like CrossFit. As recently reported by Forbes, CrossFit cofounder Greg Glassman is asking $7 million for his exceptional estate in Kealia, Hawaii. Kealia, Hawaii | Jennifer Acoba, Oceanfront Sotheby’s International Realty Known as “Pu’uwai ‘O Kealia” or “Heart of Kealia,” this remarkable, private estate can be found at the gateway to the north shore. ... Read more

Seen & Heard: The neighborhood’s ghost signs explained

If you love the remnants of commercial businesses past left in paint around the neighborhood, you will probably love this book — “Ghost Signs: Clues to Downtown New York’s Past.” Written by East Village photographer Frank Mastropolo, the guy behind the @ghostsignsnyc Twitter account, it uncovers the roots of 100 downtown signs. (You may recall that our own James Bogardus helped him out at 307 Spring.) The Tribeca list includes T&A Coffee, Dayton Corsa Tea & Coffee, Matera Canvas, Hecht Liquors, B. Fischer and Goodall Rubber, below. Goodall Rubber, 5 White Street Two adjoining signs for Goodall Rubber dominate a ... Read more

In the News: Revamped design for Two World Trade

2WTC BACK IN BUSINESS? The Post reports that Larry Silverstein is ready to get to work again on a revamped Norman Foster design for Two World Trade Center — aka 200 Greenwich St. — the site just north of the Oculus that currently has the murals on it. Foster did the design for the supertall in 2006; that design was scrapped for one by Bjarke Ingels Group (BIG) in 2015, and now that one is also scrapped, with Silverstein turning back to Foster to redo the scheme. There’s a ton of back-and-forth over potential and former tenants in the story, ... Read more

Lower East Side compost yard faces uncertain fate as resiliency project looms

The Fireboat House in East River Park is home to the Lower East Side Ecology Center. | Nathan Kensinger The city is forcing a crucial composting program into a rushed relocation Each week, some 3,500 people contribute eight tons of food scraps to a compost yard in East River Park run by the Lower East Side Ecology Center. Banana peels, onion skins, egg shells, and other organic waste fill a communal bin that’s mixed with wood chips off site, and eventually converted into nutrient-rich soil used in parks and gardens across the city. The center’s work prevents mounds of food ... Read more

The 6 Islands to See in 2020

Turks & Caicos Islands | Nina Siegenthaler & Joe Zahm, Turks & Caicos Sotheby’s International Realty There are three elements to almost every ideal destination vacation: sun, views of sparkling waters, and vibrant cultural experiences. Is it any wonder, then, that islands have always made for the greatest escapes? Here are six where you can stage your next getaway—and then take up permanent residence surrounded by the sea. The Cayman Islands Grand Cayman, Cayman Islands | Brittainy Slade & Jonathan Sparrow, Cayman Islands Sotheby’s International Realty The breathtaking trio of Grand Cayman, Little Cayman, and Cayman Brac brings a bit of everything to the lucky vacationer On Grand ... Read more

Newsletter: Jan. 20 | Remember MLK Jr.

RESTAURANT ON ITS WAY ON BARCLAY AT CHURCH The man behind New York Vintners formerly on Warren is putting together a restaurant-slash-cooking-and-wine school at 100 Church on Barclay. GRISTEDES TO CLOSE IN BATTERY PARK CITY Gristedes’ “Store 70” at 71 South End Ave. and West Thames will close on Jan. 28, the latest in what seems like a citywide shuttering of supermarkets. SEEN & HEARD Seesaws at the Seaport. Plus the Solaire is going (partially) coop; the Children’s Museum of the Arts examines the home; the 9/11 Tribute Museum says it’s not closing. MILLENNIUM HS ADDS ANOTHER FLOOR The school, ... Read more

In the News: ARC still searching for a new home

ARCHIVE IN FIVE-MONTH COUNTDOWN The Times covers the Archive of Contemporary Music’s departure from White Street — and search for a new home. JIN SOON GETS MORE ACCOLADES “Nail guru” Jin Soon gets a shout out in Cosmo as one of the seven top nail salons in the city (her Walker Street location is her fourth outlet and opened here in 2016). BEFORE TRIBECA WAS TRIBECA The Trib put together a cool slideshow of images of the neighborhood starting with the Lenape longhouses of the 1500s and ending with the playground at Washington Market Park, which opened in the early ... Read more

The most expensive blocks for NYC rentals are in Soho and Tribeca

Max Touhey | A new StreetEasy report found that streets like Greenwich and Greene in Soho are among the most expensive for rentals New York City rents have reached record highs in recent years, but there are certain neighborhoods and streets in the city—well, Manhattan—where rents are ridiculously high. In a new report, StreetEasy looked at where, exactly, the most expensive blocks in the borough are located, using its Rent Score tool, which ranks NYC rental buildings from least to most expensive. The score takes into account the number of bedrooms in a unit, whether it’s a penthouse or not, ... Read more

Home is Where the Health is | Seven Estates That Make Healthy Living Easy

Sticking to a daily wellness routine is no sweat when top-tier fitness equipment, private lap pools, and expert-level sports courts are at home, just steps away. Stylish Hamptons Compound Harald Grant & Bruce Grant, Sotheby’s International Realty – Southampton Brokerage Anchoring this idyllic three-acre compound are a 9,600-square-foot main residence—a tastefully updated and expanded 1850s farmhouse with a spacious lower-level gym—and a 5,500-square-foot barn-style guesthouse offering four restful bedrooms, a stainless-steel kitchen, an airy living space, and a finished lower level with a media or game room. The grounds encourage outdoor fitness and enjoyment with a swimming pool, a spa, and a tennis ... Read more