[The latest renderings of 250 Bowery are presented with an Instagram-style border. The building was into it iPhone app waaaay before the Facebook acquisition and interoperability with Android.]
LOWER EAST SIDE—250 Bowery's early days as an imagined geothermal steel-clad boutique hotel are long behind it, and the building is nearing the starting line of its sales period. Above is one of the latest renderings of the Lower East Side reflected in the building's grid-like fenestration designed by architects Adjmi & Andreoli. One and 2BR loft condos start at $700K, while duplex condos begin at $2.7 million. We are informed that there are 400+ people already on the waiting list. [Curbedwire Inbox; 250 Bowery coverage]
NYC—The Landmarks Preservation Commission designated the former house auction market building at 128 East 13th Street a landmark this afternoon, along with a Sears store in Flatbush. The equine auction market building was also once the studio workshop of sculptor Frank Stella. [Curbedwire Inbox; previously]
Yesterday's Cornerspotter puzzle featured a close-up image of a castle with a greenhouse and a driveway. What it didn't feature (and would have given everything away) is the heights upon which it was perched, high above the Hudson River in Inwood just north of present location of the George Washington Bridge. Paterno Castle, as it was called, was built in 1905 for Dr. Charles V. Paterno, an Italian immigrant who built a real estate fortune in New York City. Barely 40 years after Paterno had it built to the design of John C. Watson for $500,000, the castle was torn down in 1938 to make way for the repeating towers of Castle Village Apartments. The land-hungry population of New York was moving northwards, and as any real estate man knows: business is business.
Here now, From Curbed Marketplace, highlighting an intriguing real estate listing from the many thousands of properties found in the Curbed Marketplace. Browsing the Marketplace and spot a property worthy of being featured? Send it to the tipline.
For those with the hearts set on Brooklyn Heights living but without an 8-figure budget to go all in, we present this 2BR/1.5BA co-op in a five-unit mansard-roofed building on State Street. The interior is renovated with modern fixtures and appliances, but maintains historic details like two fireplaces, parquet floors, and moldings to help retain a period aesthetic, while the decoratively carved exterior lintels set the building apart from its neighbors. The biggest room in the apartment is the master bedroom, which features floor-to-ceiling windows that look down on the unit's private garden behind the building. The second bedroom shrinks in comparison to the massive master bedroom—further reduced in size by an angled wall—but no place is perfect. The price is actually a shade under $1.5 million ($1,495,000) and there's no listing information on what the maintenance is for the 1,500 square foot unit.
1) Garment District: Mega-chains like H&M and Forever21 may actually be helping Garment District businesses, as some stores are moving production to NYC.
3) Soho: Marc Jacobs printed a t-shirt commemorating the recent "ART" graffiti incident at its Soho store, and now someone else has made a t-shirt printed with the t-shirt.
Welcome back to The Brokerbabble Glossary, where we take a word or a turn of phrase that seems to show up in an unreasonable number of listings and decipher its true meaning. If you have any ideas for us, send them to the tipline. Today's word is two words: Cathedral Ceiling.
A cathedral ceiling is a high ceiling that's slanted or curved, like the ceiling in a cathedral. (Interesting fact: that's actually where they got the name from.) Basically, it's one of those you-know-it-when-you-see-it things. If you look up at the ceiling and you can sort of picture it being the ceiling of a cathedral, that's a cathedral ceiling. If you look up at the ceiling but then you get distracted by all the dead animal heads on the wall, that's probably because you're in the "great" room of this weird Park Slope co-op. It's a fine line.
Though it's nice to see an apartment stuffed floor-to-ceiling with books, it seems that none of the volumes in this expansive Chelsea loft covered the art of pricing an apartment. The 3,500-square-foot spread, with 80s track lighting, bare bones decor, and a whole lot of books, sits on the 10th floor of 205 West 19th Street. The place was just listed yesterday for $4M, but no sooner did this one come on the market, than it's in-building competition—a similarly-sized loft in the same line on the sixth floor—received a healthy price chop after almost two months on the market. That apartment, which was recently renovated, shows much better than this one, with a brand-new kitchen, freshly painted walls, and a knockout master bathroom, and it's now priced at $3.65M. Perhaps the 10th floor seller thinks that the bohemian look sells, but our money's on the reno-ed one going first.
The penthouse at LES condo Blue, the building beloved by everyone from the Jersey Shore cast to Nicolai Ouroussoff, has been on the market at $14,000/month since early April. The unit was recently staged, so Curbed videographer David Sherwin toted his camera over for a visit. And not just any visita time lapse of a whole day spent in the Blue penthouse. Since today's weather is, yep, still cloudy, the apartment probably looks much the same right now.
· Blue coverage [Curbed]
· Curbed Moving Pictures [Curbed]
Currently the historic market sheds are victims of a kind of planned forgetfulness, lost in bureaucratic limbo that could lead to outright abandonment at best, eventual demolition at worst. What better use for these iconic waterfront structures than to house a permanent market to nurture and support small, innovative businesses dedicated to regional food systems?
Tonight, these folks will present their official proposal to Community Board 1 for restoring the buildings and creating a new wholesale market. In light of their plans for the future, we took a look back at what the market used to behere now is a collection of historic photos showing the Fulton Fish Market in its glory days.
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