Category Archives: New York Lofts

First Day on the Market, 4BR in the Azure Sells

The Azure NYC Penthouse

Brokers have announced the sale of a four bedroom almost-penthouse in the Azure, a newish condo building on the northern end of the Upper East Side. This sale is of personal interest to me, because I live near the building and walk past it a few times a week.

The Azure was completed in 2008 at a very unfortunate time, and has since been slightly discounted to reflect the nationwide recession (okay–who are we kidding? Worldwide recession). Since Manhattan prices are starting to inch up, and the local economy has recovered …

by Michael Foster on September 9, 2011

The Changing Faces of 113 E. 90th Street

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I have waxed lyrical about Upper East Side townhouses before. The area has preserved a number of classical, European-inspired homes from the pre-war and inter-war periods that have been cherished throughout the decades. It’s not unusual for these buildings to change shape and purpose over time, with each permutation being another chapter in the building’s history.
Developments at 113 E. 90th street have been particularly newsworthy, because the property had been the home of the Allan Stone Gallery for the past 16 years. The gallery had been a stunning space full of …

by Michael Foster on August 29, 2011

The Novogratz Design Empire

New York Condo Loft for NY's Condos and Lofts

Rob and Cortney Novogratz have done it all. They have a successful design firm, written a book, they’ve had a show on Bravo called 9 By Design, and now they’re back with another hit show on HGTV called Home By Novogratz. Rob and Cortney have single-handedly built a design empire while raising their seven kids in the City.
And while they’re always fixing up other people’s homes; they have also managed to rebuild and redesign their current home in NoHo. The six-story townhouse which was a gun store in its past …

by Phylis J. Iqbal on August 19, 2011

NYC Rental Market Exploding

The New York Daily News is reporting something that every New Yorker already knew: the rent is too damn high. The rent has been too damn high for a while now–but that shouldn’t surprise anyone with a basic understanding of economics. Manhattan is a rather small island, only 22.96 square miles in area. 1.32 square miles of that is reserved for Central Park, leaving barely more than 20 square miles for all of the houses, shops, hospitals, schools, roads, rail lines, and offices that a city needs to function. Early on in …

by Michael Foster on August 17, 2011

High Line Park already drawing more development?

I’ve already written about the developments on the west side of Manhattan. The newest park on the island is continuing to expand. High Line provides a lush walkway for amblers who want to wander up and down Soho and Chelsea while taking in views of the Hudson and the downtown skyline. It’s fast becoming one of my favorite spots in the city.
It seems that it’s becoming a favorite of developers, too. Curbed is reporting that a new development may be in the pipeline at 11th and 23rd street (the area pictured …

by Michael Foster on August 7, 2011

Plaza Hotel condos sell for $19 million

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The Wall Street Journal is reporting that two adjacent condos in the Plaza Hotel were sold for $19 million, which will certainly be yet another boon to the luxury real estate market in NYC, which has experienced quite the surge in recent weeks. WSJ is reporting that the buyer is Barbara Garza, a director of Mexican bottler Coca-Cola Femsa, in a deal that closed last week after a rather short negotiating period.
What’s surprising about the sale is that the previous buyer had purchased the two units just four years ago. In 2007, …

by Michael Foster on August 5, 2011

Isabella Rosselini’s Upper West Side Digs

 
Italian actress Isabella Rosselini listed her Upper West Side condo for $2.895 million just a few months ago, and it’s already in contract for over her asking price, at 3.05 million (the buyer made an initial offer just 20 days after the unit was listed). The unit was a unique property, with three bedrooms on two floors and one terrace facing south and another wraparound terrace facing north. The floor-to-ceiling windows and expansive views made this a handsome property, so it isn’t too surprising that it would sell quickly. Also, …

by Michael Foster on August 1, 2011

4 Brunch Picks to Try This Weekend

 
If you live in New York, you more than likely love to find a great brunch place on the weekend, especially in the summer when you can sit outside with a good meal and good friends! With literally hundreds of restaurants to choose from it’s difficult to find a place that you enjoy. Like other New Yorkers, I like to take a couple of hours to enjoy brunch and have found some personal favorites that I found myself frequenting time and time again.
The first is 7A Cafe in the East …

by Phylis J. Iqbal on July 29, 2011
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