535 West End Avenue: 21st Century PreWar Condos

Three apartments are still for sale at 535 West End Avenue the new luxury condominium at West End Avenue at 86th Street.

Apartment 3A, a 6 bedroom 5.5 bath 4,396 square foot apartment asking $10 million.

Apartment 5B, a 5 bedroom 4.5 bath 3,744 square foot apartment asking $9 million.

Apartment 16,  a 6 bedroom 6 bath full floor 6,637 square foot apartment asking $25 million.

The luxury development marketed as "21st Century Pre-War Condos" includes an indoor swimming pool with his and hers saunas, a billiards room, and Kosher kitchens for the half-floor and full-floor apartments.

All the homes feature custom Smallbone of Devizes kitchens with attached breakfast/tv room. The kitchens offer La Cornue, Miele and Subzero appliances. Bathrooms are available in 2 different color palettes, and outfitted with Waterworks fixtures, double sink, mahogany or white cabinetry and a selection of mosaic tiled floors and polished stone walls. Homes are fully equipped with Miele side by side Washer & Dryer and AMX technology.

Closings began in March and some of the apartments sold for 20 to 25% discounts from the asking price. It has been rumored that actor Matt Damon, who currently resides in a rental unit at the Belnord, at 225 West 86th Street bought one of the penthouses for $20 million.

Click here to view the apartments.

NYC Solar Empowerment Zones & Tax Abatements

NYC Goal of Reducing Carbon Emissions by 30% by 2030

New York City and Sustainable CUNY have created three Solar Empowerment Zones, strategically selected areas where solar power systems are most beneficial and technically viable, and where development of solar power will be encouraged. Solar power is a reliable, renewable source of electricity for New York City that reduces demand on the City's electrical grid. 

 New York City has over 1.6 billion square feet of rooftops. 

The three Solar Empowerment Zones - on the East Shore of Staten Island, in Downtown Brooklyn, and in Brooklyn's Greenpoint-Gateway section-were designed to reduce peak electricity demand and the associated pollution from dirty plants that operate when demand is at its highest, while also potentially deferring or eliminating the need for costly upgrades to the electrical system. 

Solar Panel Tax Abatements & Installations
  
Record Number of New Yorkers Have Applied for Solar Panel Abatements in 2010. To encourage the use of sustainable technology, the City offers property tax abatements to property owners that install solar panels on their building's rooftops. 

This year, property owners will receive a property tax abatement of 35% of the eligible expenditures over four years with a maximum abatement of $62,500 per year for four years or the building's annual tax liability, whichever is less.

Under the solar panel tax abatement program, solar panels have been installed at 25 buildings across the City, five times the number of systems approved and installed last year. Savings from these installations vary on the size and type of the building.  A single-family house can save approximately $2,600 a year on energy costs.  Property owners can also receive rebates from their utility company

Building owners interested in learning more about the City's sustainable initiatives can visit www.nyc.gov for more information.

Community Meeting about Historic West 86th Street

The rowhouse at 330 West 86th Street
(between Riverside Drive and West End Avenue)
is threatened by demolition.

A "sliver building" may rise in its wake.

The West 80s Neighborhood Association, the Coalition for a Livable West Side, the West End Preservation Society (WEPS), and LANDMARK WEST! will be co-hosting a community meeting next Tuesday, June 8th at 6:30 PM at The Church of Saint Paul and Saint Andrew at 236 West 86th Street.

The meeting is for the community to develop strategies learn how historic district designation can protect 330 West 86th Street and other buildings within the proposed West End Avenue Historic District.

State Senator Eric Schneiderman,  Assembly member Linda Rosenthal, Council member Gale Brewer and Manhattan Borough President Scott Stringer, community board 7 and the community will be attending this important meeting about the west 80's and West End neighborhood.

I recently wrote a blog about the beautiful and distinctive West End Avenue neighborhood and that The West End Preservation Society, is actively seeking to designate West End Avenue from 70th Street to 107th Street a historic district.

In February I wrote a blog that the $25 million mortgage secured by  The Gilbert Townhouses on West 86th between Broadway and West End Avenue was on the market and that community efforts were underway to Save the West 86th Street Townhouses.

Important Community Meeting

Tuesday June 8th, 

at 6:30

Church of Saint Paul and Saint Andrew

86th and West End Avenue