Gramercy

Construction work has begun on Sam Chang's latest endeavor for his McSam Hotel Group, a 12-story, 130-key hotel tower at 111 East 24th Street in Gramercy, a 6,000-square-foot site that was formerly a parking lot operated by Champion Parking. Approved plans filed with the Department of Buildings list Chang's designer of choice, Gene Kaufman, as the architect of record, and the illustration posted on the construction fence depicts a lackluster design comprised of two six-story volumes with differentiating fenestration.
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March 21, 2016

Light Installation Artist James Turrell Gets $2.2M for Classic Gramercy Co-op With Park Key

By Annie Doge

In November, 2014, 6sqft reported that light installation artist James Turrell had sold an apartment at 26 Gramercy Park South for $2.1 million. The famed conceptual artist is based in Flagstaff, Arizona, so the sale didn't come as much of a surprise. However, now it's come to light (no pun intended) that he and his wife Kung Lim-Lee Turrell own more real estate in the neighborhood. According to city records released today, Turrell has sold his personal apartment at 2 Gramercy Park West (an historic Italianate mansion known as the James Pinchot House that's been divided into seven units) for $2,225,000. The artist's former home is a full-floor residence that comes with a much-coveted key to the park, a private garden, and, not surprisingly, an enormous skylight.
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March 17, 2016

Richard Gere Picks Up $2.25M Old-World Condo With Keys to Gramercy Park

By Annie Doge

Last week, news hit that Richard Gere's former Noho apartment in the Silk Building had finally found a renter. It took eight months to get a tenant in to the sprawling live/work space, which was last listed at $20,000/month. Good thing the transaction went through, because the Post is now reporting that the actor turned activist picked up a $2.25 million Gramercy condo. The sale at 34 Gramercy Park East, which comes with a coveted key to the park, actually went through back in July, according to city records, but apparently Gere is extensively renovating the two-bedroom home and has only stopped by a few times since the summer. Sources say that he found out about the apartment through his friend Jimmy Fallon, who owns a whopping five units in the building.
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March 4, 2016

Spotlight: Jay Schweitzer Keeps Typewriters in Fashion at an 84-Year-Old Family Business

By Susan Cohen

For anyone who thinks computers have entirely taken over, they might want to visit Gramercy Typewriter Company. Founded in 1932 by Abraham Schweitzer, this 84-year-old family business is busier than ever repairing customers' typewriters, as well as refurbishing and selling machines of all shapes, sizes, and even colors. Whereas many typewriter service companies went out of business with the rise of computers, Abraham's son and grandson, Paul and Jay, remained passionate about them and are now two of the only individuals in the city with the skills to work on these machines. For Jay and Paul, the demand for their expertise is a testament to the staying power of typewriters in the 21st century. They continue to be a necessity in fields such as law and accounting, where certain forms are more compatible with the typewriter than the computer. Outside of offices, there are tried-and-true typewriter users who type on them daily. In many cases, the Schweitzers' have customers who are discovering a love of these wonderful machines for the very first time. 6sqft stopped by Gramercy Typewriter Company and spoke with Jay about the business and to get a glimpse of history on the company's shelves.
Read the full interview this way

February 1, 2016

How Do Rents at NYC’s First Micro Apartment Complex Compare to Regular Studios?

Just before the new year, listings went live for NYC's first micro apartment complex Carmel Place (aka My Micro NY aka 335 East 27th Street) in anticipation of its opening in March. The nine-story modular development in Kips Bay has 55 studios that are 260 to 360 square feet. Of these, 22 are affordable (more than 60,000 people applied for them), and they'll go from $950 to $1,500 a month depending on size and income. The remaining market-rate units will range from $2,500 to $2,900 per month, which has left many skeptics questioning why anyone would fork over nearly three grand for a space that is far smaller than conventional studios. To put this argument into an actual visualization, the data gurus over at NeighborhoodX created a simple, yet informative graph that compares the rental price per square foot at Carmel Place with that of regular studios across the city (h/t Curbed).
More here

Real Estate Trends

January 11, 2016

Gramercy Park’s Luminaria Condo Conversion Lights Up in Preparation for Sales Launch

In anticipation of its official sales launch later this winter, Ben Shaoul's Magnum Real Estate Group has illuminated Luminaire, a 103-unit condominium-conversion at 385 First Avenue in downtown's Gramercy Park neighborhood. According to the marketing team, the cool-blue lighting scheme, specified by Magnum, is inspired by the building's floor-to-ceiling windows and sun-bathed units.
more here

December 24, 2015

Bright Art Deco One-Bedroom in Gramercy Park Is for Sale by Owner, Asking $1.2 Million

It's true, this unseasonably warm weather isn't anything to complain about. But it's hard to look at a fireplace like the one pictured above and not start pining for a winter chill. The grand marble fireplace (which is also wood-burning...perfect for wintertime!) belongs to a one-bedroom apartment at 242 East 19th Street, an Art Deco co-op building in Gramercy Park. Constructed in 1926 and converted to a cooperative in 1984, the 15-story brick Italian Renaissance-style building holds 113 apartments. And since many of the surrounding buildings are low-rise, there's a great view from the building's roof deck. This apartment has the spacious rooms that you often find in prewar apartment buildings. It's a one-bedroom, although there's an office space without a window that could be used as a second bedroom. It's up for sale for $1.2 million by owner and photographer Julia Indrani Pal-Chaudhuri (known simply as Indrani).
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Distinctive Homes

December 15, 2015

Gramercy Duplex With Three Exposures and Lots of Light Asks $7,500/Month

There's a certain prestige that comes with living in the Gramercy Park neighborhood. Sure, if you're renting an apartment a block away you're not going to get one of the prized keys into the park. But still, it's nice to walk by and take a peek at how the other half lives. This rental apartment, a duplex at 228 East 22nd Street, sure isn't inexpensive—it's asking $7,500 a month—but it's still less than the millions you'd pay to live in a condo off the park. Best of all, this apartment comes with plenty of exposures and big windows to soak in the beautiful neighborhood around you.
Take a look

Distinctive Homes

Living in a Micro Apartment Could Be Harmful to Your Health

New rendering of Carmel Place interiors, via Monadnock Development/nARCHITECTS

December 14, 2015

Living in a Micro Apartment Could Be Harmful to Your Health

By Diane Pham

An apple a day may keep the doctor away, but living in a micro apartment may drive you to seek professional psychological help. A recent article in The Atlantic takes a look at the tiny living trend that has taken the nation—and in particular New York, with developments like My Micro NY and teeny renovations like this one—by storm, and finds that squeezing into an extra-small space could lead to health risks. “Sure, these micro-apartments may be fantastic for young professionals in their 20's,” says Dak Kopec, director of design for human health at Boston Architectural College and author of Environmental Psychology for Design, to the magazine. “But they definitely can be unhealthy for older people, say in their 30’s and 40’s, who face different stress factors that can make tight living conditions a problem.”
find out more here

November 23, 2015

Listings Go Live Today for NYC’s First Micro Apartment Complex

Carmel Place (formerly known as My Micro NY), the city's much-talked-about first micro apartment complex, began accepting applications for its affordable studios back in September (since then, 60,000 people have applied). And now, a press release from developer Monadnock has announced that listings for 12 of the market-rate units will go live today in anticipation of the February opening date. Along with the launch comes news of Ollie, "an innovative housing model that delivers an all-inclusive living experience." The nine-story modular development will have 55 studios ranging from 260 to 360 square feet, 22 of which will be affordable (of these, 8 will be set aside for formerly homeless veterans) and go for between $950 and $1,500 a month depending on family size and income. The remaining 33 will see prices ranging from $2,540 for a 265-square-foot, furnished, third-floor unit to $2,910 for a 335-square-foot, furnished, second-floor unit.
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November 19, 2015

Permits Filed to Demolish a String of Buildings Near Gramercy Park for New Condo

Alfa Development has filed plans with the Department of Buildings to demolish a string of low-rise buildings huddled near the northeast corner of East 21st Street and Third Avenue. The development team led by Michael Namer is known for its environmentally conscious downtown condo towers, which include Chelsea Green, Village Green, and Village Green West. Now, Alfa appears set on sprinkling some of their sustainable magic on a corner-site in Gramercy that could hold a tower of more than 90,000 square feet and rise up to 210 feet tall. Last month, Alfa purchased the the four-building development site from Kevin Maloney’s Property Markets Group and Apex Investments for $69.6 million. The previous owners had planned to build a 25-unit affordable housing building to generate 40,000 square feet of bonus square footage for an undisclosed luxury development, but instead chose to sell the site to focus on other projects.
More details ahead

October 28, 2015

VIDEO: Watch My Micro NY Get Built and Go Inside a Completed Unit

6sqft reported in July that My Micro NY, the city’s first micro apartment complex, was fully stacked, reaching its 120-foot height at 335 East 27th Street on the border of Gramercy and Kips Bay. Then, just last month, it was announced that the $17 million development began accepting applications for its 260- to 360-square-foot affordable studios. Up until now, though, we've only seen renderings of the interiors, but a new trailer from the designers nArchitects takes us on a walk through of a completed unit (h/t Curbed), which, although tiny, is quite bright. The video also shows the entire construction process, beginning with fabrication at the Navy Yard to the units being stacked by crane.
Watch the video here

October 26, 2015

Funny Woman Rachel Dratch Buys an Unamusing Gramercy Co-op for $1.65M

By Annie Doge

Actress, comedian, producer and writer Rachel Dratch is one of the least serious people in showbiz, so it's surprising that her latest real estate purchase is such a bore. The SNL alum picked up a $1.65 million co-op at 230 East 15th Street in Gramercy, according to city records released today. Depressing decor and utilitarian vibes aside, the two-bedroom spread does overlook the picturesque Stuyvesant Park and offer a decent amount of space. Plus, the neighborhood is a lot more low-key than celeb hotspots like Tribeca or Central Park West.
See more of the apartment here

October 2, 2015

What’s Big and Hairy and Costs $2.4 Million? This Pretty Gramercy Co-op!

By Michelle Cohen

This almost-2,000 square-foot co-op at 235 East 22nd Street in Manhattan's elegant Gramercy neighborhood is one of those classic pre-war apartments–created by combining two units–that, when you look at the floor plan, is startlingly spacious. There are room-sized closets, areas for eating and dining, foyers, galleries and office nooks–the antithesis of the tiny NYC apartment. This three-bedroom home also has those charming and sophisticated pre-war details–nine-foot-high beamed ceilings, big rooms, inlaid floors, restored moldings, built-in cabinetry and massive casement windows. We all know the space itself is what counts in NYC real estate. Quirky objets and freaky art will almost assuredly be bundled out with the departing resident, never to show hide nor hair (literally, in this case) once the van pulls away. On the other hand, though it's sometimes fun to see what you're not getting for your $2.4 million, any real estate agent will tell you that staging is no small matter.
Explore this sprawling co-op

Distinctive Homes

September 27, 2015

This $6,500/Month Murray Hill Rental Says City Apartment in Front, Suburban House in Back

By Michelle Cohen

Here's a NYC apartment that's thoroughly Manhattan, but, if you're standing in the right spot, could be any suburban home. Located in a bustling East Side spot that's either Gramercy, Kips Bay, Murray Hill or Midtown South, depending on whom you talk to, this two-bedroom garden condop at 242 East 25th Street just hit the rental market for $6,500/month. And if you can't bear to part with it, you're in luck, it's also for sale (asking $1.995 million). The apartment is only 939 square feet, but it's well-configured, with bedrooms on either side of spacious common areas–and, more importantly, one of those areas is a glass-walled solarium that overlooks a 785-square-foot private deck and backyard that extends your space in a way most New Yorkers envy.
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Distinctive Homes

September 2, 2015

POLL: Would You Apply for an ‘Affordable’ $1,500/Month Studio in My Micro NY?

Yesterday, we reported that My Micro NY, the city’s first micro apartment complex, was accepting applications for its affordable units, which account for 22 of the building’s 55 studios. Located at 335 East 27th Street on the border of Gramercy and Kips Bay, the building has units that range in size from 260 to 360 square feet. One person […]

September 1, 2015

NYC’s First Micro Apartment Complex Now Accepting Applications, Units $950/Month

We knew this day was quickly approaching; just a couple of months ago, we reported that My Micro NY (also known as Carmel Place), the city's first micro apartment complex, was fully stacked, reaching its 120-foot height at 335 East 27th Street on the border of Gramercy and Kips Bay. Now, Brick Underground reports that the $17 million development began accepting applications this morning for its 260- to 360-square-foot affordable studios. According to the site, the available units are "11 $950/month studios for one person earning between $34,526 and $48,350, or two people making between $34,526 and $55,250; and three $1,492/month studios for one person making between $53,109 and $78,650, or two people making between $53,109 and $89,830."
Find out how to apply here

July 9, 2015

Construction Update: NYC’s First Micro Apartment Complex Is Now Fully Stacked

By Diane Pham

Moving day inches closer for those looking to claim a module in the city's first micro apartment complex. As of this week, My Micro NY is fully stacked, rising 120 feet from its site at 335 East 27th Street at the border of Gramercy in Kips Bay. The project, also known as Carmel Place, is the product of a city-sponsored design competition launched by former mayor Michael Bloomberg in 2012 as a way to test out if micro dwellings could be an answer to the city's housing shortage, and in turn give enough reason for adjusting NY's dated building codes to allow for smaller units better suited for today's shrinking households. As it stands, the legal minimum is 400 square feet, while My Micro NY's apartments measure a mere 260 to 360 square feet.
More images of the construction

June 19, 2015

Windows Galore at This Gramercy Loft, on the Market for $3.5 Million

There's nothing but light coming into this three-bedroom loft co-op at Ruggles House, a Gramercy Park building located at 112 East 19th Street. Ruggles House was built in 1913 as an industrial loft building with high ceilings and huge windows. When it was converted into a residential building, only two apartments were put on each of the 12 floors. The result at this particular unit is a sprawling floor plan with those old industrial interior details. It is currently on the market for $3.5 million.
See the interior

Distinctive Homes

May 18, 2015

Gorgeous Gramercy Park Chateau Looks Fit for Royalty

Paging "Downton Abbey" fans. This Gramercy Park apartment looks more like an English estate than a New York co-op. Located at 44 Gramercy Park North (h/t Curbed), each room is decked out with extravagant features that manage to outdo the others. Elaborate wood carvings, soaring ceilings, stained glass windows, fireplace mantels with sculpture work, the list goes on and on. The listing says, "There is no other place like this." We think they're absolutely right.
See more of the interior here

May 12, 2015

Cozy Gramercy Park Co-Op Comes with Its Own Private Garden and Koi Pond

It's unusual for a small apartment to come with such a big private outdoor space, but that's the case at this one-bedroom co-op apartment up for sale at 22 Irving Place. This Gramercy Park pad is cute on the inside, but even better with its 500-square-foot garden. Not only is it beautifully landscaped, with enough space for a table and barbecue, it's also got its very own koi pond. How much for this little oasis in one of the most desirable neighborhoods of Manhattan? $999,000.
See the rest of the interior here

Distinctive Homes

April 27, 2015

Have a Beer with Friends on the Patio of This Former Brewery

By Aisha Carter

If you're looking for a fun loft with a unique layout and some old world touches, you are going to love this two-bedroom condo at the Gramercy Park Habitat. Like all the units in this seven-story building, this $1.85 million recently renovated loft has remnants of its former life as a brewery, including wood beam ceilings, exposed columns, and exposed brick walls.
More pics after the jump

April 27, 2015

DHD Interiors’ Modern Loft Peacefully Coexists Among Gramercy Park’s 19th Century Homes

By Stephanie Hoina

When we think of Gramercy Park it calls to mind stately 19th-century mansions, brownstones and carriage houses—and of course, the elusive crown jewel in the middle of it all, the park itself. But sharing the stage with the neighborhood's turn-of-the-century aesthetic are a number of newer developments that have an elegance all their own.
Have a look inside

Distinctive Homes

April 21, 2015

City’s First Micro-Apartment Project ‘MY Micro NY’ Ready for Stacking