Check out the new addition to the Meier Group library at:
http://www.meiergroupnyc.com/library_documents/files/Neighborhood_Descriptions.pdf
Let Us Know What You Think!
Meier BlogNEW: Neighborhood DescriptionsAugust 17th, 2010Check out the new addition to the Meier Group library at: http://www.meiergroupnyc.com/library_documents/files/Neighborhood_Descriptions.pdf Let Us Know What You Think! Tags:battery park, Chelsea, Chinatown, East Harlem, Financial District, Flatiron, Gramercy Park, Greenwich Village, Harlem, Little Italy, Lower East Side, Manhattan, meiergroupnyc.com, Midtown East, Midtown West, Murray Hill, SoHo, Tribeca, Upper East Side, Upper West SidePosted in:Realty News |No Comments »East River Esplanade Completion Day Anytime Soon?July 20th, 2010Alex Ulam of The Architect’s Newspaper writes: Midtown East is home to the United Nations and to some of the ritziest real estate in Manhattan. But by some measures, it is also one of the borough’s most unattractive locations. The neighborhood district can claim the least amount of public open space in Manhattan, and is cut off from its waterfront by ramp spaghetti from the FDR Drive.
East Side elected officials and community leaders have been brainstorming for years over how to close a 24-block gap here in a potential East River Esplanade stretching from the Battery to Harlem. In 2007, the Municipal Art Society convened a charrette in which stakeholders and design professionals hammered out a bold vision for a new deck over the FDR Drive that connected via a slope to a new waterfront esplanade. But now, what has been touted as a once-in-a-lifetime planning opportunity could be in danger of expiring. The immediate threat to any plan for closing the gap in the esplanade is the potential removal of a row of caissons in the East River. The caissons served as supports for a temporary roadway that the New York State Department of Transportation built while they were working on the FDR Drive several years ago. Planners say the caissons potentially could be repurposed to serve as supports for a section of the waterfront esplanade that would stretch from about East 53rd Street to about East 62nd Street. Reusing the caissons could save $20 million to $25 million toward the cost of building this section. However, citing environmental concerns, the New York State Department of Environmental Conservation (DEC), which has oversight of the caissons, wants the city to either move forward on a plan for the East River Esplanade or remove them. The caissons are just one of the many hurdles to closing the gap in the esplanade. Financing the missing link could cost up to $200 million in a complex real estate deal that would radically reshape the Midtown East neighborhood. NY Harbor Parks describes the park in detail: The East River Esplanade is a two-mile-long, public open space connecting the Whitehall Ferry Terminal and Peter Minuit Plaza in the south to East River Park in the north. In the coming years, as part of the continuing effort by the City of New York to revitalize Lower Manhattan, new sections of the esplanade will be built and several piers will be renovated. The park will improve waterfront access, enhance pedestrian connectivity, and create amenities for public use and enjoyment. The new esplanade is expected to contribute to an improved quality of life for local residents, workers and visitors.
Portions of the esplanade are currently open to the public, including the South Street Seaport [link to destination page], a major dining and retail destination at Fulton Street and Pier 17, and the Battery Maritime Building, the ferry departure hub for Governors Island (link to Governors Island). Construction on the remainder of the esplanade is set to begin in Fall 2008 and be completed by 2010. When completed, the Esplanade will include:
Posted in:Uncategorized |No Comments »The NY Public Library Schwarzman Building: A Unique HistoryJuly 19th, 2010New York Public Library writes: In addition to collecting the rare as well as the commonplace, it has, since the very beginning, acquired materials often regarded as controversial or even offensive by some. For instance, during the height of McCarthyism in the late 1940s, it actively acquired materials from the Left and the Right, despite the objections of government and citizens’ patriotic groups.
The ways in which the resources of the Stephen A. Schwarzman Building have been used are as diverse as the collections themselves. To cite but a few examples:
The origins of this institution date back to the time when New York was emerging as one of the world’s most important cities. By the second half of the 19th century, New York had already surpassed Paris in population and was quickly catching up with London, the world’s most populous city. Fortunately, this burgeoning and somewhat brash metropolis counted among its citizens men who foresaw that if New York was indeed to become one of the world’s great centers of urban culture, it must also have a great library. The site chosen for the home of the new Public Library was the Croton Reservoir, a popular strolling place that occupied a two-block section of Fifth Avenue between 40th and 42nd Streets. Dr. John Shaw Billings, one of the most brilliant librarians of his day, was named director. Billings knew exactly what he wanted. His design, briefly sketched on a scrap of paper, became the early blueprint for the majestic structure that has become the landmark building, known for the lions without and the learning within. Billings’s plan called for an enormous reading room topping seven floors of stacks and the most rapid delivery system in the world to get the Library’s resources as swiftly as possible into the hands of those who requested them. More than one million books were set in place for the official dedication of the Library on May 23, 1911 – 16 years to the day since the historic agreement creating the Astor, Lenox, and Tilden Foundations had been signed. The ceremony was presided over by President William Howard Taft and was attended by Governor John Alden Dix and Mayor William J. Gaynor. The following morning, New York’s very public Public Library officially opened its doors. The response was overwhelming. Between 30,000 and 50,000 visitors streamed through the building the first day it was open. One of the very first items called for was N. IA. Grot’s Nravstvennye idealy nashego vremeni (Ethical Ideas of Our Time) a study of Friedrich Nietzsche and Leo Tolstoi. The reader filed his slip at 9:08 a.m. and received his book six minutes later! Almost overnight, The New York Public Library became a vital part of the intellectual fabric of American life. Among its earliest beneficiaries were recently arrived immigrants, for whom the Library provided contact with the literature and history of their new country as well as the heritage that these people brought with them. Today, the library on Fifth Avenue at 42nd Street is to be renamed for the Wall Street financier Stephen A. Schwarzman, who has agreed to jump-start a $1 billion expansion of the library system with a guaranteed $100 million of his own. The project is set to be complete in 2014. Interesting Facts:
Tags:42nd and fifth ave, meier group, new york architecture, new york public library, nyc renovationsPosted in:Uncategorized |No Comments »In VogueJune 8th, 2010
Jennifer Gould Kiel of the New York Post Reports: Lower Fifth may soon be turning into Fashion Row. Valentino and his longtime partner Giancarlo Giammetti were spotted checking out the $12 million cupola penthouse at 141 Fifth Ave. The 3,200-square-foot, three-level condo features two bedrooms (including a master suite at the very top), 3½ bathrooms and a custom chef’s kitchen, along with 10½-foot ceilings, oversized windows and several private terraces. They’d be joining Halston CEO Bonnie Takhar, who recently closed on a two-bedroom apartment in the building for $3.1 million. The conversion of 141 Fifth Ave. maintained its ornate 1897 signatures, including original terra cotta detailing and curved plate-glass storefronts. The penthouse’s broker, Emily Beare of CORE, declined to comment. Tags:Emil Fraija, Fashion, Lower Fifth Avenue, Manhattan, new york, real estate, Valentino, VoguePosted in:Realty News |No Comments »If You Don’t Buy a House Now, You’re Stupid or BrokeApril 29th, 2010
Marc Roth of Bloomberg Businespes Week Reports: Well, you may not be stupid or broke. Maybe you already have a house and you don’t want to move. Or maybe you’re a Trappist monk and have forsworn all earthly possessions. Or whatever. But if you want to buy a house, now is the time, and if you don’t act soon, you will regret it. Here’s why: historically low interest rates. As of today, the average 30-year fixed-rate loan with no points or fees is around 5%. That, as the graph above—which you can find on Mortgage-X.com—shows, is the lowest the rate has been in nearly 40 years. In fact, rates are so well below historic averages that it should make all current and prospective homeowners take notice of this once-in-a-lifetime opportunity. And it is exactly that, based on what the graph shows us. Let’s look at the point on the far left. In 1970 the rate was approximately 7.25%. After hovering there for a couple of years, it began a trend upward, landing near 10% in late 1973. It settled at 8.5% to 9% from 1974 to the end of 1976. After the rise to 10%, that probably seemed O.K. to most home buyers. But they weren’t happy soon thereafter. From 1977 to 1981, a period of only 60 months, the 30-year fixed rate climbed to 18%. Full Article – Bloomberg BusinessWeek Tags:economy, Emil Fraija, real estatePosted in:Uncategorized |No Comments »Clash of the Bearded OnesApril 29th, 2010![]() Photo-illustration by Peter Rad Michael Idov of New York Magazine: On a windy Monday night, Pete’s Candy Store—a bar in Williamsburg with a railcar-shaped performance space in the back—is crammed to capacity with the thin and the bearded. Almost no one is drinking. The mood is pregame, expectant and nervous. We’re at one of the oddest New York City powwows in recent memory: a panel designed to quell a metastasizing dispute between bicyclists and Hasidic Jews. Except no Hasids are present. For a moment, it looks like the bicyclists will have to debate themselves. At immediate issue is the Bedford Avenue bike lane. It’s the longest in Brooklyn and runs through every imaginable ethnic enclave—including the South Williamsburg redoubt of the Satmars, the ultra-Orthodox Hasidic Jewish sect. In December, after many complaints from the Satmars about “scantily clad” female riders, the city sandblasted off a small stretch of the lane; some enterprising bikers painted it back in protest; the city then painted over the unauthorized paint job. Now two activists are up on criminal-mischief charges, the lane is gone, and the two groups are glowering at each other with even less empathy than usual. Worse yet, each group finds itself standing in for a larger one in a larger fight: the Satmars for all Orthodox Jews and the bikers for all young secular Williamsburgers, i.e. hipsters. Full Article in New York Magazine Tags:Brooklyn, New York City, WilliamsburgPosted in:Uncategorized |No Comments »World’s tallest building debuts in DubaiJanuary 5th, 2010
The tallest building in the world, the Burj Dubai, formally opened earlier today, with questions abounding over how viable it is for the times. The structure is the size of approximately two Empire State Buildings stacked on top of one another, as CNBC reported, measuring approximately 2,700 feet from base to tip. The mixed-use building, which opened 1,325 days after construction first began, was designed by Chicago-based firm Skidmore, Owings & Merrill, and is intended largely for residential use. While experts worry over how the structure will attract enough tenants, early reports say that approximately 90 percent of the building has been pre-sold to home buyers. Developer Emaar Properties said that the cost of the tower was approximately $1.5 billion. Full Story – Real Deal Posted in:Uncategorized |No Comments »live like a Rockefeller, party like a rock starDecember 23rd, 2009
Natasa Vojnovic bought a one-bedroom, two-bath condo at 115 Fourth Ave. in the East Village from Tara Everston for $995,000 on Oct. 23. Unit #5E is one of the 70 in the eight-story Petersfield condominiums, built in 1905. Vojnovic is a Serbian-born fashion model who has worked for name brands such as Chanel, Calvin Klein, Gucci and Yves Saint Laurent. She also appeared in the 2004 music video for the Lenny Kravitz song “Where Are We Runnin?” Full Story – Blockshopper If you want to live in this building, we’ve got you covered! We just listed 3b, and it is still available! Full Listing – 115 4th Ave, 3b Check out our Union Square Loft collection – meiergroupnyc.com Tags:115 $th Ave, 3B, Natasa Vojnovic, The meier group, The petersfield Condo, Union Square LoftPosted in:Uncategorized |No Comments » |