Residential Development and Population Growth
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Monthly Market Report
FEBRUARY 2016 MONTHLY MARKET REPORT SALES SUMMARY .......................... 2 HISTORIAL PERFORMANCE ......... 4 NOTABLE NEW LISTINGS ............. 7 SNAPSHOT ...................................... 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective apartment buyers, as well as in-depth analysis of the New York real estate market. MONTHLY MARKET REPORT FEBRUARY 2016 Summary MOST EXPENSIVE SALES The average sale price for Manhattan apartments dipped in the four weeks leading up to January 1, while the number of sales rose. The average price for an apartment—taking into account both condo and co-op sales—was $2.1 million, down from $2.2 million in the preceding month. The number of recorded sales, 1,020, rose a great deal from the 862 recorded in the preceding month. AVERAGE SALES PRICE CONDOS AND CO-OPS $30.5M 834 Fifth Avenue, #10B $2.1 Million 2 beds, 4 baths The average price of a condo was $2.7 million and the average price of a co-op was $1.4 million. There were 542 condo sales and 478 co-op sales. RESIDENTIAL SALES 1,020 $2.1B UNITS GROSS SALES One of the most expensive sales this month was in a grand, prewar co-op on the Upper East Side, while the other two were in the large new downtown condo development The Greenwich Lane. $26.0M The most expensive sale of the month was unit 10B in 834 Fifth Avenue, a two-bedroom, The Greenwich Lane, #PH8 four-bathroom apartment that closed for $30.5 million. The Rosario Candela-designed building 140 West 12th Street is considered one of the most desirable prewar co-ops in Manhattan. -
Assessment Actions
Assessment Actions Borough Code Block Number Lot Number Tax Year Remission Code 1 1883 57 2018 1 385 56 2018 2 2690 1001 2017 3 1156 62 2018 4 72614 11 2018 2 5560 1 2018 4 1342 9 2017 1 1390 56 2018 2 5643 188 2018 1 386 36 2018 1 787 65 2018 4 9578 3 2018 4 3829 44 2018 3 3495 40 2018 1 2122 100 2018 3 1383 64 2017 2 2938 14 2018 Page 1 of 604 09/27/2021 Assessment Actions Owner Name Property Address Granted Reduction Amount Tax Class Code THE TRUSTEES OF 540 WEST 112 STREET 105850 2 COLUM 226-8 EAST 2ND STREET 228 EAST 2 STREET 240500 2 PROSPECT TRIANGLE 890 PROSPECT AVENUE 76750 4 COM CRESPA, LLC 597 PROSPECT PLACE 23500 2 CELLCO PARTNERSHIP 6935500 4 d/ CIMINELLO PROPERTY 775 BRUSH AVENUE 329300 4 AS 4305 65 REALTY LLC 43-05 65 STREET 118900 2 PHOENIX MADISON 962 MADISON AVENUE 584850 4 AVENU CELILY C. SWETT 277 FORDHAM PLACE 3132 1 300 EAST 4TH STREET H 300 EAST 4 STREET 316200 2 242 WEST 38TH STREET 242 WEST 38 STREET 483950 4 124-469 LIBERTY LLC 124-04 LIBERTY AVENUE 70850 4 JOHN GAUDINO 79-27 MYRTLE AVENUE 35100 4 PITKIN BLUE LLC 1575 PITKIN AVENUE 49200 4 GVS PROPERTIES LLC 559 WEST 164 STREET 233748 2 EP78 LLC 1231 LINCOLN PLACE 24500 2 CROTONA PARK 1432 CROTONA PARK EAS 68500 2 Page 2 of 604 09/27/2021 Assessment Actions 1 1231 59 2018 3 7435 38 2018 3 1034 39 2018 3 7947 17 2018 4 370 1 2018 4 397 7 2017 1 389 22 2018 4 3239 1001 2018 3 140 1103 2018 3 1412 50 2017 1 1543 1001 2018 4 659 79 2018 1 822 1301 2018 1 2091 22 2018 3 7949 223 2018 1 471 25 2018 3 1429 17 2018 Page 3 of 604 09/27/2021 Assessment Actions DEVELOPM 268 WEST 84TH STREET 268 WEST 84 STREET 85350 2 BANK OF AMERICA 1415 AVENUE Z 291950 4 4710 REALTY CORP. -
Download Brochure
GREENWICH STREET FINANCIAL DISTRICT: THE NEW HUB OF GREENWICH RETAIL, RESIDENTIAL, STREET AND LEISURE Located in the heart of New York’s dynamic new Downtown, 88 Greenwich oers users the opportunity to occupy space in one of the most sought-after markets in Manhattan. With over 50 feet of frontage on Greenwich Street, 82 feet of frontage on Rector Street, and 100’ of frontage on Washington Street, this prime retail location provides retailers with excellent visibility inclusive of approximately 50,000 SF of retail and/or oce space between the ground, second and lower levels. Located at the base of the newly designed Greenwich Club Residences, 88 Greenwich also oers almost 265,000 SF of residential condominiums across 37 floors. 10 MIN WALK 6 51 13 22 14 A 1 2 Beekman 24 Gucci Headquarters 1 BROOKLYN BRIDGE 46 C 17 2 120 Greenwich Street 25 Nobu 1 9 11 3 The Beekman Hotel & Residencies 26 The Freedom Tower 2 26 3 287 key hotel; 68 condominiums 27 Conde Nast Headquarters 4 3 7 4 1 Beekman 28 Eataly 8 Resi-development 29 4 WTC 5 5 The Lara 30 Gap Residential Development - 168 units 31 New PACE dormitory BROADWAY CHURCHST 5 Blink Fitness 32 Saks O Fifth at Brookfield Place GOLD ST 10 6 New YorkBROOKLYN by Gehry 33 L&M Development 18 24 25 PEARL ST A 900 units 34 75 Nassau 32 27 12 C 33 BRIDGE 47 29 7 Spruce Street School AKA PS397 Residential Development - 197 units 370 students 35 130 William Place 16 31 FDR DRIVE 19 E 4 8 NY Presbyterian Lower Manhattan Residential Development - 50 stories 180 bed hospital 36 118 Fulton 5 A 9 PACE University -
125 Greenwich Street Is a New Residential Skyscraper Designed by World- Renowned Architect, Rafael Viñoly
AT THE LIVE T0P INTRODUCTION 125 GREENWICH STREET IS A NEW RESIDENTIAL SKYSCRAPER DESIGNED BY WORLD- RENOWNED ARCHITECT, RAFAEL VIÑOLY. THIS CONDOMINIUM OFFERING INCLUDES 273 RESIDENCES RANGING FROM STUDIOS TO THREE-BEDROOM AND PENTHOUSE RESIDENCES, FEATURING ONE-OF-A-KIND INTERIORS BY MARCH & WHITE. THE CROWNING TRIPLEX OF AMENITIES — LOCATED ON THE TOP THREE FLOORS, 912' INTO THE SKY — SPANS DINING, ENTERTAINMENT, FITNESS, POOL AND SPA, EACH WITH SWEEPING VIEWS OF THE NEW DOWNTOWN BELOW. ENJOY THE VIEW. Enhanced Artist Rendering Enhanced Artist Rendering THE LOBBY Past the bronze-plated portico is a triple-height lobby, with a custom chandelier and Arabescato marble FLOOR 1 floors. Equipped with a library, lounge,fireplace and 24-hour concierge, it’s the ultimate welcome home. Enhanced Artist Rendering CORNER LIVING ROOM Entertain in a living room that features 10' floor to ceiling windows, white oak floors, and an interior AQUA FINISH designed with a precise balance of taste, proportion and form. Enhanced Artist Rendering CORNER DINING AREA Enjoy dining in your own private observatory with breathtaking views of the World Trade Center AQUA FINISH and glittering Manhattan cityscape. Enhanced Artist Rendering OPEN KITCHEN The airy, light-filled kitchen is a haven for home chefs. It’s designed in one of three unique finishes — STRATUS FINISH aqua, terra or stratus — each lined with custom cabinetry and integrated Miele appliances. Enhanced Artist Rendering MASTER BATH Calacatta Covelano marble floors with radiant heating. Marble clad vanity tops. TERRA FINISH This luxurious master bathroom elevates everyday life. Enhanced Artist Rendering PENTHOUSE RESIDENCES Indulge in the ultimate Manhattan lifestyle in a masterfully designed penthouse by March & White, AQUA FINISH with stunning city skyline and water views. -
Monthly Market Report
APRIL 2016 MONTHLY MARKET REPORT SALES SUMMARY .......................... 2 HISTORIAL PERFORMANCE ......... 4 NOTABLE NEW LISTINGS ............. 7 SNAPSHOT ...................................... 8 CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective apartment buyers, as well as in-depth analysis of the New York real estate market. MONTHLY MARKET REPORT APRIL 2016 Summary MOST EXPENSIVE SALES While the average price for Manhattan apartments rose in the four weeks leading up to March 1, the number of sales fell for the second month in a row. The average price for an apartment—taking into account both condo and co-op sales—was $2.3 million, up from $2.1 million the preceding month. The number of recorded sales, 818, represented a drop from the 894 recorded in the preceding month and was down substantially from the 1,020 recorded two months ago. AVERAGE SALES PRICE CONDOS AND CO-OPS $31.0M Whitney Condos, #PH7A $2.3 Million 33 East 74th Street The average price of a condo was $3.2 million and the average price of a co-op was $1.3 5 Beds, 5 baths million. There were 397 condo sales and 421 co-op sales. Approx. 6,312 ft2 ($4,911/ft2) RESIDENTIAL SALES 818 $1.8B UNITS GROSS SALES The top three sales this month were all in new development condos, and the top two were in properties that have recently been converted. The biggest sale was for a penthouse unit in the Whitney Condos at 33 East 74th Street, a $28.5M redevelopment of several brownstones immediately to the south of the former location of the The Puck Penthouses, #PH7A Whitney. -
MISSION for the FIRST Date,( August 18Th, from the Department If Bridges
THE CITY RECORD. Vol- XXXVII. NEW, YORK, FRIDAY, SEPTEMBER 17, 1909. NUMBER 11058. ting a certified copy of a resolution adopted by that Board on July 2, 1909, establish- THE CITY RECORD.. ing the width of Fifth Avenue between 47th and 48th Streets, Manhattan, as forty- seven and one-half feet for the roadway, thirty feet for the easterly sidewalk, and OFFICIAL JOURNAL OF THECITY OF NEW YORK. twenty-two and one-half feet for the westerly sidewalk. The papers were ordered filed. Published Under Authority of Section 1526, Greater New York Charter, by the (1264) 1006 BOARD OF CITY RECORD. BoARI) OF ESTIMATE AND APPURT1(INMFNT—IRF.SO1.UTION ESTAMAS11ING \WIDTH OF SIrtF:- GEORGE B. McCLELLAN, MAYOR. WALK AT INTERSECTION OF WESTCHESTER AND TREMONT AVENUES, FRANCIS K. PENDLETON, Cos,oaATlox CounauL. HERMAN A. METZ, COMPTROLLER. THE BRONX PATRICK J. TRACY, Surzavrao*L The Secretary presented a cunlnnlnication dated August 6. 1909, front \billianl \l. Published daily, at 9 a. m., except legal holidays. Lawrence, Assistant Secretary of the Board of Estimate and Apportionment, trans- - that Board oft July 2, 1909, estab- Subscription, $9.30 per year, exclusive of supplements. Three cents a copy. mitting a certified copy of a resl,lutinn adopted by lishing the sidewalk width for the public place at the junction of Westchester and SUPPLEMENTS: Civil List (containing names, salaries, etc., of the city employees), 25 cents; Tremont Avenues in The Bronx :it twenty feet. The papers were ordered filed. Official Canvass of Votes, 10 cents; Registry and Enrollment Lists, S cents each assembly district; Law Department and Finance Department supplements, 10 cents each; Annual Assessed Valuation (1265) 1006 of Real Estate, 25 cents each section. -
Chapter 5. Historic Resources 5.1 Introduction
CHAPTER 5. HISTORIC RESOURCES 5.1 INTRODUCTION 5.1.1 CONTEXT Lower Manhattan is home to many of New York City’s most important historic resources and some of its finest architecture. It is the oldest and one of the most culturally rich sections of the city. Thus numerous buildings, street fixtures and other structures have been identified as historically significant. Officially recognized resources include National Historic Landmarks, other individual properties and historic districts listed on the State and National Registers of Historic Places, properties eligible for such listing, New York City Landmarks and Historic Districts, and properties pending such designation. National Historic Landmarks (NHL) are nationally significant historic places designated by the Secretary of the Interior because they possess exceptional value or quality in illustrating or interpreting the heritage of the United States. All NHLs are included on the National Register, which is the nation’s official list of historic properties worthy of preservation. Historic resources include both standing structures and archaeological resources. Historically, Lower Manhattan’s skyline was developed with the most technologically advanced buildings of the time. As skyscraper technology allowed taller buildings to be built, many pioneering buildings were erected in Lower Manhattan, several of which were intended to be— and were—the tallest building in the world, such as the Woolworth Building. These modern skyscrapers were often constructed alongside older low buildings. By the mid 20th-century, the Lower Manhattan skyline was a mix of historic and modern, low and hi-rise structures, demonstrating the evolution of building technology, as well as New York City’s changing and growing streetscapes. -
Manhattan New Development Report
JUNE 2016 Manhattan New Development Report MANHATTAN NEW DEVELOPMENT REPORT June 2016 New Buildings by Neighborhood Condominium development has largely centered on Midtown over the past several years, but there will be a wave of new construction and conversions in the Financial District in the near future, with large buildings such as 50 West Street, One Seaport and 125 Greenwich Street contributing to the roughly 1,250 new apartments slated for the neighborhood. NEW DEVELOPMENT KEY: UNITS: 10+ 50+ 100+ 150+ 200+ Unit Count NEIGHBORHOOD # OF UNITS NEIGHBORHOOD # OF UNITS Financial District 1,251 Broadway Corridor 264 Midtown West 1,229 Murray Hill 249 Lower East Side 912 East Village 207 Riverside Dr./West End Ave. 881 Chelsea 201 Flatiron/Union Square 499 SOHO 165 Gramercy Park 494 Central Park West 160 Tribeca 493 West Village 125 Midtown East 345 Beekman/Sutton Place 113 Yorkville 282 Carnegie Hill 105 2 June 2016 MANHATTAN NEW DEVELOPMENT REPORT Summary Condominium development is a multi-billion dollar business in Manhattan, and new apartment sales are poised to reach a level not seen since last decade’s boom cycle by 2018. While fewer developers in 2016 are signing on to build sky-grazing towers with penthouses that cost $100 million or more, condominium prices are still on an upward trajectory, with anticipated sales totaling roughly $30 billion through 2019. In total, 92 condominium projects with roughly 8,000 new apartments are under construction or proposed. Total New Development Sales (in Billions) $14B $12B $10.3B New development sales $10B totaled $5.4 billion last year, $8.4B up significantly from the $4.1 $8B billion in sales recorded in 2014. -
Major Projects Update
EMPLOYMENT & OFFICE RETAIL TOURISM & HOSPITALITY RESIDENTIAL MAJOR PROJECTS UPDATE ALLIANCE FOR DOWNTOWN NEW YORK LOWER MANHATTAN REAL ESTATE MARKET OVERVIEW Q2 2016 COMMERCIAL OFFICE MARKET Lower Manhattan’s commercial market sent mixed signals through the second quarter of 2016, echoing trends also seen in other Private Sector Employment submarkets. Office leasing was on par with activity last year but still below the historical average, and news of new major tenant Total Private relocations remained quiet. Despite this, there were clear areas 232,200 Sector Workers of strength. The vacancy rate is currently below 10 percent, and key Lower Manhattan companies committed to stay or expand Additional Workers in new locations south of Chambers Street. The arrival of new 5,100 Year Over Year commercial tenants and the opening of hotels and retail has pushed Lower Manhattan’s private sector employment to grow, workers or 2% growth year over year. The employment expansion reaching a new post-2001 peak of more than 232,000 employees cuts across all the key sectors that have been fueling Lower 1 as of the end of 2015. Manhattan’s economy and leasing activity. EMPLOYMENT The hotel, retail and restaurant sectors added the largest share of employees to Lower Manhattan over the course of 2015. These Private sector employment climbed to nearly 232,200 employees as industries grew by more than 2,000 employees or 10%. More than of the end of 2015, marking the sixth consecutive year of growth and 58 stores and restaurants were added to the retail market, including the highest point since Lower Manhattan had 236,700 private sector Brookfield Places’ offerings as well as three hotels with over 433 rooms.2 employees at the end of 2001. -
Lower Manhattan Real Estate Market Review Q1 2019
COMMERCIAL OFFICE RETAIL TOURISM & HOSPITALITY RESIDENTIAL MAJOR PROJECTS UPDATE ALLIANCE FOR DOWNTOWN NEW YORK LOWER MANHATTAN REAL ESTATE MARKET REVIEW Q1 2019 Private-Sector Employment Exceeds Levels Not Seen Since September 2001 Lower Manhattan Year to Date Leasing Activity, Almost eighteen years after September 11, 2001, private-sector 2015 - 2018 employment in Lower Manhattan has rebounded past immediate Source: CBRE pre-9/11 levels, fulfilling the promise to rebuild the neighborhood and reanimate its role as a vibrant and essential commercial district for the city, the state and the nation. According to the latest data from the New York State Department of Labor, Lower Manhattan has reached its highest level of private-sector employment since before September 11th. Strong leasing across industry sectors and in a diverse set of buildings helped push private-sector employment to 251,334, a figure not seen since the third quarter of 2001. Relocations, particularly from Midtown South, continue to drive leasing in Lower Manhattan. Two million square feet of deals helped Lower Manhattan outperform Manhattan’s other submarkets during one of the busiest quarters in seven years. The district’s retail and hospitality markets continued to thrive with new restaurants and hotels opening. Vigorous First Quarter Leasing Activity Two million square feet of new deals were inked in the first quarter. Leasing represented the second highest quarterly total in more than seven years and was 52% above the five-year quarterly average. The strong leasing trend continues the momentum from the end of 2018 when 2.1 million square feet were leased. Lower Manhattan was the only submarket in New York City to register an increase in leasing activity above the five-year quarterly average. -
Commercial Office Market
OFFICE RETAIL TOURISM & HOSPITALITY RESIDENTIAL CAPITAL IMPROVEMENTS ALLIANCE FOR DOWNTOWN NEW YORK Q2 2015 LOWER MANHATTAN REAL ESTATE MARKET OVERVIEW COMMERCIAL OFFICE MARKET Leasing Activity Rising private sector employment and large, pending commercial moving to Lower Manhattan: Gucci finalized a lease for 83,964 leases indicate a strong commercial market in Lower Manhattan square feet at 195 Broadway. The luxury retailer will be moving in the months ahead, even as year-to-date leasing drops from from Midtown in the first quarter of 2016. record levels in 2013 and 2014. Despite this, the vacancy rate has remained steady year over year at 10.3%. Several other large deals were announced in the second quarter at the World Trade Center but are not yet finalized. In June, According to CBRE, Lower Manhattan’s second quarter leasing 21st Century Fox and News Corp. signed a letter of intent with activity totaled 860,000 square feet, 38% below the five-year Silverstein Properties to anchor 1.3 million square feet in the average. Year-to-date leasing is also lagging historical averages; at future 2 World Trade Center. As part of the deal, Bjarke Ingels has 2.01 million square feet, activity is 24% below the five-year average. been hired to redesign the proposed 80-story, 2.8 million square foot office tower in order to best serve the needs of the media and However, leasing activity is expected to accelerate in the second television companies. This deal has the potential to be the largest half of the year and to bolster 2015 annual totals. -
Manhattan Resolution Date: January 24, 2012 Committee
COMMUNITY BOARD #1 – MANHATTAN RESOLUTION DATE: JANUARY 24, 2012 COMMITTEE OF ORIGIN: BATTERY PARK CITY COMMITTEE VOTE: 6 In Favor 0 Opposed 0 Abstained 0 Recused PUBLIC MEMBERS: 2 In Favor 0 Opposed 0 Abstained 0 Recused BOARD VOTE: 37 In Favor 0 Opposed 0 Abstained 0 Recused RE: World Financial Greenmarket Thursday, application for a street activity permit on Thursdays from April 5, 2012 to December 20, 2012 on South End Avenue from Liberty Street to Albany Street during the hours of 6:00 AM to 7:00 PM WHEREAS: The applicant has applied for a street activity permit for Thursdays from April 5, 2012 to December 20, 2012 on South End Avenue from Liberty Street to Albany Street; and WHEREAS: The applicant has applied for the permitted use of curbside parking lane on the E/S of South End Avenue between Liberty and Albany Streets; and WHEREAS: The applicant has noted that November 22, 2012 will be rescheduled to November 21, 2012 for Thanksgiving; now THEREFORE BE IT RESOLVED THAT: Community Board #1 does not oppose the proposed street activity permit submitted by World Financial Greenmarket Thursday to close a curb lane on South End Avenue from Liberty Street to Albany Street during the hours of 6:00 AM to 7:00 PM on Thursdays from April 5, 2012 to December 20, 2012 subject to the following conditions: 1. The Lower Manhattan Construction Command Center reviews the application and determines that it is compatible with nearby construction activity that is expected to be simultaneously underway, and 2. Traffic control agents are deployed as needed to ensure that there is no significant adverse impact from the event on traffic flow, and 3.