Chapter 7: Urban Design and Visual Resources
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RITZ TOWER, 465 Park Avenue (Aka 461-465 Park Avenue, and 101East5t11 Street), Manhattan
Landmarks Preservation Commission October 29, 2002, Designation List 340 LP-2118 RITZ TOWER, 465 Park Avenue (aka 461-465 Park Avenue, and 101East5T11 Street), Manhattan. Built 1925-27; Emery Roth, architect, with Thomas Hastings. Landmark Site: Borough of Manhattan Tax Map Block 1312, Lot 70. On July 16, 2002 the Landmarks Preservation Commission held a public hearing on the proposed designation as a Landmark of the Ritz Tower, and the proposed designation of the related Landmark Site (Item No.2). The hearing had been advertised in accordance with provisions of law. Ross Moscowitz, representing the owners of the cooperative spoke in opposition to designation. At the time of designation, he took no position. Mark Levine, from the Jamestown Group, representing the owners of the commercial space, took no position on designation at the public hearing. Bill Higgins represented these owners at the time of designation and spoke in favor. Three witnesses testified in favor of designation, including representatives of State Senator Liz Kruger, the Landmarks Conservancy and the Historic Districts Council. In addition, the Commission has received letters in support of designation from Congresswoman Carolyn Maloney, from Community Board Five, and from architectural hi storian, John Kriskiewicz. There was also one letter from a building resident opposed to designation. Summary The Ritz Tower Apartment Hotel was constructed in 1925 at the premier crossroads of New York's Upper East Side, the comer of 57t11 Street and Park A venue, where the exclusive shops and artistic enterprises of 57t11 Street met apartment buildings of ever-increasing height and luxury on Park Avenue. -
Real Estate Development Picks up in Turtle Bay and City by Bruce Silberblatt Onstruction Projects Halted in the • Construction Pending
Turtle Bay News A Publication of the Turtle Bay Association Winter 2014 Vol. 57, No. 1 Real Estate Development Picks Up in Turtle Bay and City BY BRUCE SILBERBLATT onstruction projects halted in the • Construction Pending. construction aftermath of the 2008 financial - 315 East 45th Street (Permanent Mis- of a new ho- Ccrisis are humming again in Turtle sion of the United Arab Emirates to the tel or condo- Bay. Here’s an update on projects in pro- United Nations) minium of, cess and some that we might see under cur- - 229 East 49th Street (Permanent Mis- say, 30-40 rent or future rezoning plans. sion of the Republic of Senegal to the floors would United Nations) be possible. • Zeckendorf’s 10 UN Plaza. The enclo- - 405 East 51st Street (northeast corner sure is topping out and two penthouses Building of First) have been combined into one for sale at Ever Taller - 219 East 44th Street (north side be- $100 million. The radius of tween Second and Third) East 49th and • Halcyon. Work at the crane-accident site, - 305 East 50th Street: awaiting DOB ap- 50th Streets, at 303-305 East 51st Street, is moving proval of permits. from Park ahead. Demolition of the tower’s eastern Extell Amasses Holdings on East 49th to Third Av- side is complete, as is building of the and 50th enues, holds base’s superstructure. The tower’s west- Extell Development has bought the seven- potential for ern extension has been framed up to the story garage at 138 East 50th for $61 mil- building high 12th floor. -
New Development Report for Q2 2017
MANHATTAN BROOKLYN New Development $2,576 $1,413 AVERAGE PRICE AVERAGE PRICE Report PER SQ. FT. ACTIVE PER SQ. FT. ACTIVE $2,172 $1,421 AVERAGE PRICE AVERAGE PRICE PER SQ. FT. PER SQ. FT. CONTRACT SIGNED CONTRACT SIGNED $2,192 $1,342 AVERAGE PRICE AVERAGE PRICE Second2017 Quarter PER SQ. FT. CLOSED PER SQ. FT. CLOSED 5,936 5.5% QoQ 622 -6% QoQ AVAILABLE INVENTORY AVAILABLE INVENTORY (UNITS)* (UNITS)* *Available inventory includes all units currently on the market as well as those not yet released. Summary Points MANHATTAN BROOKLYN MEDIAN PRICE In Manhattan, average pricing decreased PER SQ. FT. modestly for the second straight quarter. New $2,172 PSF development units entering into contract fell 2.1% Active $2,287 $1,396 quarter-over-quarter to $2,172 PSF from $2,219 Contract Signed $2,025 $1,312 in Q1 2017, but rose 2.0% year-over-year from $2,129 PSF in Q2 2016. Avg. PPSF for closed new development units rose 1.0% quarter-over-quarter to $2,192, and fell 2.1% Closed $2,057 $1,319 year-over-year from $2,239 in Q2 2016. AVERAGE PRICE In Brooklyn pricing Outside of PER SQ. FT. continued to rise for Billionaire’s 10.4% $1,207 Active $2,576 $1,413 the second consecutive Row, Harlem quarter. New development entering into experienced the largest quarter- Contract Signed $2,172 $1,421 over-quarter Avg. PPSF increase contract averaged $1,421 PSF, up 4.4% Closed $2,192 $1,342 quarter-over-quarter and 3.8% year-over-year. -
CFTC Rule 1.55(K) and 1.55(O): FCM-Specific Disclosure Document
COMMODITY FUTURES TRADING COMMISSION RULE 1.55(K) AND 1.55(O): FCM-SPECIFIC DISCLOSURE DOCUMENT The Commodity Futures Trading Commission (“Commission” or “CFTC”) requires each futures commission merchant (“FCM”), including J.P. Morgan Securities LLC (“JPMS LLC”), to provide the following information to a customer prior to the time the customer first enters into an account agreement with the FCM or deposits money or securities (funds) with the FCM. Except as otherwise noted below, the information set out is as of September 24th, 2021 J.P. Morgan Securities LLC will update this information annually and as necessary to take account of any material change to its business operations, financial condition or other factors that J.P. Morgan Securities LLC believes may be material to a customer’s decision to do business with it. Nonetheless, the business and financial data of J.P. Morgan Securities LLC is not static and will change in non-material ways frequently throughout any 12-month period. NOTE: J.P. Morgan Securities LLC (“JPMorgan”) is a subsidiary of JPMorgan Chase & Co. Information that may be material with respect to J.P. Morgan Securities LLC for purposes of the Commission’s disclosure requirements may not be material to JPMorgan Chase & Co. for purposes of applicable securities laws. FIRM AND ITS PRINCIPALS 1.55(k)(1) FCM’s name, address of its principal place of business, phone number, fax number and email address. • J.P. Morgan Securities LLC o Name – J.P. Morgan Securities LLC o Address – 383 Madison Avenue, New York, NY 10179 o Phone number – 212-834-6271 or 212-270-6000 o Fax number – 212-622-0076 o Email – [email protected] 1.55(k)(6) FCM’s DSRO and DSRO’s website address • J.P. -
Monthly Market Report
MAY 2017 Monthly Market Report SALES SUMMARY .......................... 2 HISTORICAL PERFORMANCE ....... 4 NEW DEVELOPMENTS ................... 2 5 NOTABLE NEW LISTINGS .............. 4 6 SNAPSHOT ...................................... 7 7 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for pro- spective apartment buyers, as well as in-depth analysis of the New York real estate market. MONTHLY MARKET REPORT MAY 2017 Summary MOST EXPENSIVE SALES The average sales price and number of Manhattan apartment sales both increased in the four weeks leading up to April 1. The average price for an apartment—taking into account both condo and co-op sales—was $2.3 million, up from $2.2 million the prior month. The number of recorded sales, 817, was up from the 789 recorded in the preceding month. AVERAGE SALES PRICE CONDOS AND CO-OPS $65.1M 432 Park Avenue, #83 $2.3 Million 6+ Beds, 6+ Baths Approx. 8,055 ft2 ($8,090/ft2) The average price of a condo was $3.6 million and the average price of a co-op was $1.2 million. There were 389 condo sales and 428 co-op sales. RESIDENTIAL SALES 817 $1.9B UNITS GROSS SALES The top sale this month was in 432 Park Avenue. Unit 83 in the property sold for $65 million. The apartment, one of the largest in 432 Park, has six+ bedrooms, six+ bathrooms, and measures 8,055 square feet. $43.9M 443 Greenwich Street, #PHH The second most expensive sale this month was in the recent Tribeca condo conversion at 5 Beds, 6+ Baths 443 Greenwich Street. -
Halcyon New York, New York
THE WEITZMAN GROUP, INC. Real Estate Consultants 355 Lexington Avenue New York, NY 10017 212 949-4000 FAX# 212 949-0875 MARKETABILITY AND CASH FLOW ANALYSIS OF HALCYON NEW YORK, NEW YORK AS OF DECEMBER 31, 2014 Prepared For: POLAR INVESTMENTS GROUP AND ORIGO INVESTMENTS G.P. MARCH 6, 2015 The Weitzman Group, Inc. 355 Lexington Avenue, New York, NY Account: 048-15F Copyright © 2015, The Weitzman Group, Inc. All Rights Reserved. THE WEITZMAN GROUP, INC. Real Estate Consultants 355 Lexington Avenue New York, NY 10017 212 949-4000 FAX# 212 949-0875 March 6, 2015 Mr. Eyal Bigon Mr. Thor Rozenberg Chief Financial Officer Chief Financial Officer Polar Investments Group Origo Investments G.P. 35 Ehad Ha’am St. 35 Ehad Ha’am St. Tel Aviv, Israel Tel Aviv, Israel Re: Marketability and Cash Flow Analysis Halcyon Condominiums New York, New York Dear Messrs. Bigon and Rozenberg: Thank you for the opportunity to provide Polar and Origo with a reasonable independent forecast of cash flow after debt service resulting from the remaining construction, sellout, and closings of the residential condominiums, retail space, and residential parking and storage at the Halcyon Condominiums in the Midtown East area of Manhattan. Our research in support of this study occurred during January and February 2015, with data obtained during this time period used to validate our retrospective assumptions, although the date of our analysis is as of December 31, 2014. This engagement does not include an appraisal or valuation of the project, and nothing herein should be construed as representing an appraisal. The purpose of the assignment is to present an independent projection of cash flows after construction debt service for use by Polar and Origo in determining prospective cash flows to the various investor positions in the project. -
Q1 2016 New York Office Outlook
Office Outlook New York | Q1 2016 Vacancy moves higher as large blocks are added to the market • The Manhattan office market showed signs of caution in the first quarter of 2016 as vacancy moved higher and renewal activity increased. • While there have been concerns about slower expansion in the tech sector—as a result of a potential pullback in venture capital—the TAMI sector remained strong in Midtown South. • Investment sales activity slowed in the first quarter of the year after a strong 2015 with 120 sales totaling $12.3 billion, down nearly 20 percent year-over-year. JLL • Office Outlook • New York • Q1 2016 2 New York overview The Manhattan office market showed signs of caution in the first comprised the majority of leasing activity. McGraw Hill Financial Inc. quarter of 2016 as vacancy moved higher and renewal activity—rather renewed at 55 Water Street in Lower Manhattan for 900,027 square feet than relocations and expansions—captured the bulk of top in the largest lease of the quarter. Salesforce.com subleased 202,678 transactions. Manhattan Class A vacancy rose as several large blocks square feet at 1095 Avenue of the Americas in a transaction that were returned to the market. The vacancy rate for Midtown Class A included a provision to replace MetLife’s name atop the building with its space increased to 11.6 percent, up from 10.4 percent at year-end own, in full view of highly-trafficked Bryant Park. In Midtown South, 2015. Average asking rents were also higher as a result of newer and Facebook continued its massive expansion in a 200,668-square-foot higher quality product becoming available. -
Federal Railroad Administration Record of Decision for the East Side Access Project
Federal Railroad Administration Record of Decision For the East Side Access Project September 2012 SUMMARY OF DECISION This is a Record of Decision (ROD) of the Federal Railroad Administration (FRA), an operating administration of the U.S. Department of Transportation, regarding the East Side Access (ESA) Project. FRA has prepared this ROD in accordance with the National Environmental Policy Act (NEPA), the Council on Environmental Quality’s (CEQ) regulations implementing NEPA, and FRA’s Procedures for Considering Environmental Impacts. The Metropolitan Transportation Authority (MTA) filed an application with the FRA for a loan to finance eligible elements of the ESA Project through the Railroad Rehabilitation and Improvement Financing (RRIF) Program. The ESA Project is the MTA’s largest system expansion in over 100 years. The ESA Project will expand the Long Island Rail Road (LIRR) services by connecting Queens and Long Island with East Midtown Manhattan. With direct LIRR service to Midtown East, the LIRR will further increase its market share of commuters by saving up to 40 minutes per day in subway/bus/sidewalk travel time for commuters who work on Manhattan’s East Side. The ESA Project was previously considered in an environmental impact statement (EIS) prepared by the Federal Transit Administration (FTA) in May 2001 and subsequent FTA reevaluations and an environmental assessment of changes in the ESA Project. Construction of the ESA Project has been ongoing since 2001. FRA has reviewed the environmental impacts for the ESA Project identified in the FTA March 2001 Final EIS, subsequent FTA Reevaluations, and the 2006 Supplemental EA/FONSI (collectively, the “2001 EIS”) for the ESA Project and adopted it pursuant to CEQ regulations (40 CFR 1506.3). -
2015 Do Not Enter Social Security Numbers on This Form As It May Be Made Public
l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491320020596 OMB No 1545-0052 Form 990-PF Return of Private Foundation or Section 4947 ( a)(1) Trust Treated as Private Foundation Department of the Treasury 2015 Do not enter social security numbers on this form as it may be made public. Internal Revenue Service ► ► Information about Form 990- PF and its instructions is at www. irs.gov /form99Opf . • • ' For calendar year 2015 , or tax year beginning 01-01 - 2015 , and ending 12-31-2015 Name of foundation A Employer identification number Greenacre Foundation 13-2621502 LAWRENCE RAPOPORT Number and street ( or P 0 box number if mail is not delivered to street address) BTelephone number (see instructions) RTC NA PO BOX 5016 (212) 549-5360 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pending, check here ► New York, NY 101855016 P G Check all that apply [Initial return [Initial return former public charity of a D 1. Foreign organizations , check here ► F-Final return F-A mended return P F-Address change F-Name change 2. Foreign organizations meeting the 85% test, check here and attach computation ► E If private foundation status was terminated H Check type of organization [Section 501( c)(3) exempt private foundation under section 507(b)(1)(A), check here ► F Section 4947( a)(1) nonexempt charitable trust 0thertaxable private foundation IFair market value of all assets at end ] Accounting method [Cash F-Accrual F If the foundation is in a 60-month termination of year (from Pa,t II, col (c), [Other( specify) under section 507(b)(1)(B), check here ► F line 16 36,703, 879 (Part I, column (d) must be on cash basis Disbursements Analysis of Revenue and Expenses Revenue and (The total of amounts in columns (b), (c), and (d) may not Net investment Adjusted net for charitable expensese per equal the amounts n column (a) (see (b) ncome (c) ncome purposes necessarily (a) books instructions) ) (d) (cash basis only) 1 Contributions, gifts, grants, etc , received (attach schedule) . -
Landmarks Commission Report
Landmarks Preservation Commission October 29, 2002, Designation List 340 LP-2118 RITZ TOWER, 465 Park Avenue (aka 461- 465 Park Avenue, and 101 East 57th Street), Manhattan. Built 1925-27; Emery Roth, architect, with Thomas Hastings. Landmark Site: Borough of Manhattan Tax Map Block 1312, Lot 70. On July 16, 2002 the Landmarks Preservation Commission held a public hearing on the proposed designation as a Landmark of the Ritz Tower, and the proposed designation of the related Landmark Site (Item No.2). The hearing had been advertised in accordance with provisions of law. Ross Moscowitz, representing the owners of the cooperative spoke in opposition to designation. At the time of designation, he took no position. Mark Levine, from the Jamestown Group, representing the owners of the commercial space, took no position on designation at the public hearing. Bill Higgins represented these owners at the time of designation and spoke in favor. Three witnesses testified in favor of designation, including representatives of State Senator Liz Kruger, the Landmarks Conservancy and the Historic Districts Council. In addition, the Commission has received letters in support of designation from Congresswoman Carolyn Maloney, from Community Board Five, and from architectural historian, John Kriskiewicz. There was also one letter from a building resident opposed to designation. Summary The Ritz Tower Apartment Hotel was constructed in 1925 at the premier crossroads of New York’s Upper East Side, the corner of 57th Street and Park Avenue, where the exclusive shops and artistic enterprises of 57th Street met apartment buildings of ever-increasing height and luxury on Park Avenue. -
Select Sales Comparables the Centrale 252 East Fifty
THE CENTRALE SELECT SALES COMPARABLES 685 FIRST AVENUE 252 EAST FIFTY SEVEN 50 UNITED NATIONS PLAZA 100 East 53rd Street 200 East 59th Street100 East 53rd Street 100 East 53rd Street685 First Avenue200 East 59th Street 200 East 59th Street345 East 46th Street685 First Avenue 685 First Avenue252252 East 57th Street EAST345 East 46th Street 57TH STREET 345345 East 46th Street EAST 46TH STREET252 East 57th Street 252 East 57th Street Units: 93 Units: Units: 67 93 Units: Units: Units: 93 14867 Units: Units: Units:67 87 148 Units: Units: Units: 148 95 87 Units: Units:87 95 Units: 95 Floors: 63 Floors: Floors: 35 63 Floors: Floors:Floors: 63 4335 (Condo floors 28+) Floors: Floors: Floors:35 43 43 (Condo floors 28+) Floors: Floors: Floors: 43 (Condo65 (Condo floors43 floors 28+) 34+) Floors: Floors:43 65 (Condo floors 34+) Floors: 65 (Condo floors 34+) Sales Start: January 2016 Sales Start: Sales Start: January 2017 January 2016 Sales Start:Sales Start:Sales Start:January 2016 FebruaryJanuary 20182017 Sales Start: Sales Start: SalesJanuary Start: 2017October 2013 February 2018 Sales Start:Sales Start:Sales Start: FebruarySeptember 2018October 2014 2013 Sales Start: SalesOctober Start: 2013 September 2014 Sales Start: September 2014 Construction Type: New Construction Construction Type:ConstructionNew Type: ConstructionNew Construction ConstructionConstruction Type:Construction Type:New Type:Construction NewNew Construction Construction Construction Type:Construction Type:ConstructionNew ConstructionNew Type: Construction New Construction ConstructionConstruction -
DOCOMOMO 2012 No 2 Newsletter
NEW YORK | TRI-STATE 2012 no. 2 Contents MODERN LANDMARKS AT VASSAR DEAR FRIENDS 3 The Vassar College campus in Poughkeepsie, NY, was indirect lighting bounced off severe white ceiling CHATHAM GREEN AT FIFTY 4 launched with a massive all-purpose Main Building in planes. Glass block inserts in interior partitions echo the French Second Empire mode (James Renwick, Jr., the grid pattern of the ample Gothic Revival windows. VILLA TUGENDHAT CELEBRATED 6 1865), which remains the iconic center of its campus. The interior-exterior split here apparently contrasts THE MARGINS: GUERON, LEPP But styles of subsequent buildings include Collegiate the progressive interests of the arts faculty with the & ASSOCIATES REHAB CENTER 7 Gothic, Jacobean, Georgian Revival—you name it. And college's demand for consistency on the exterior. among these stylistically varied specimens are some After this library, Vassar added hardly any new ROCHESTER’S TUBE TOWERS 8 scattered gems of mid-century Modernism. facilities until the 1951 completion of a landmark of MIDTOWN MODERN: CONTEXT, Vassar's earliest example of Modernism is strictly an Modernism, the Dexter Ferry Cooperative House by FILMS AND THE FUTURE 10 interior, but it is notable for its purity and for its com- Marcel Breuer. The donor chose Breuer, providing one pletion date of 1937. This suite of rooms, the school's of his earliest commissions for other than single-family MODERN LIBRARY 12 art history library, looks as if it were retrofitted in an houses. The building housed 26 students (all female, DISAPPEARING INTERIORS 14 older structure, but was in fact created simultaneously as Vassar didn't become coed until 1969) who carried with its Collegiate Gothic exterior.