May 30, 2011

Manhattanhenge: Today Memorial Day at Sunset

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Sunset on the Manhattan Grid

Today is 'Manhattanhenge', one of the city's most spectacular natural events. At sunset, observers on the East Side can look west and see the sun spectacularly shining down our canyon-like streets.

www.haydenplanetarium.org
Manhattanhenge (sometimes referred to as the Manhattan Solstice) is a semiannual occurrence in which the setting sun aligns with the east–west streets of the main street grid in the borough of Manhattan in New York City.

Manhattanhenge times for 2011.

Arrive a half-hour earlier than the times given below.
Manhattanhenge: half sun on the grid
Mock-up of the half sun on the grid during Manhattanhenge.


Half Sun on the grid:

Monday, May 30 — 8:17 P.M. EDT
Tuesday, July 12 — 8:25 P.M. EDT
Manhattanhenge: full sun on the grid
Mock-up of the full sun on the grid during Manhattanhenge.

Full Sun on the grid:

Tuesday, May 31 — 8:17 P.M. EDT
Monday, July 11 — 8:25 P.M. EDT

For best effect, position yourself as far east in Manhattan as possible. But ensure that when you look west across the avenues you can still see New Jersey. Clear cross streets include 14th, 23rd, 34th. 42nd, 57th, and several streets adjacent to them. The Empire State building and the Chrysler building render 34th street and 42nd streets especially striking vistas.

Memorial Day



May 25, 2011

Welcome Fleet Week NYC

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SS New York Leading Parade of Ships in Hudson River - View from Upper West Side of Manhatttan
(iPhone photo courtesy of Mitchell Hall)


Thousands of Sailors, Marines and Coast Guardsmen from U.S. Navy, U.S. Coast Guard and international navy ships will participate in Fleet Week NYC this week.
Today marks the start of 2011 Fleet Week in NYC. The celebration started this morning with the Parade of Ships up the Hudson River, made up of Navy and Coast Guard vessels and aircraft. The ships will then pull into their berthing locations in Manhattan (Pier 88 - right next to Intrepid) and Staten Island to prepare for public visitation, which starts Thursday.

Hosted every year Memorial Day week, Fleet Week New York is the City's celebration of the sea services. Fleet Week includes dozens of military demonstrations and displays throughout the week, as well as public visitation of the participating ships.

Intrepid's Pier 86 will be lined with displays from the military from Thursday through Monday. Special performances from top Broadway shows and Intrepid's Free Summer Movie Series on the Flight Deck will kick off with Top Gun and the annual Memorial Day Ceremony includes the unfurling of a 100' American flag.

To all the Sailors, Marines, and Coast Guardsman participating in Fleet week in NYC -
Welcome to the Big Apple and thank you for your brave service. Enjoy experiencing all the sights and sounds and hospitality of "the city that never sleeps"
Have a Great Week!

May 18, 2011

NY NY If You Can Buy There You Can Buy Anywhere

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I often get calls from buyers looking to buy a short-sale. I ask why since short sales primarily benefit distressed sellers. The response is usually because they are looking for a bargain. I tell them a short sale is nothing short but a very long process. The response is usually: "I'm not in a hurry." Then I proceed to tell them why there are so few short sales in Manhattan and why Manhattan is a unique place in the real estate universe. I do a quick search, currently there are approximately 19 short sales in Manhattan out of approximately 12,000 properties for sale.

All Real Estate is Local!

There has been a lot of national press lately about the declining national housing market and a "double dip" nation wide. In many markets, more than half the inventory is in foreclosures which doesn't even include short sales. A short sale is when a seller is "short" they are "upside down" they owe more on their mortgage than the property is worth.  If the lender approves the sale price they may accept a short sale.

Fortunately New York State is among the lowest in the country for distressed sales and Manhattan is considerably lower than the state.

Below is a map of distressed sales from the National Association of Realtors. Only 16% of properties in New York state are distressed compared to California's 52%, Nevada's 69%, Arizona's 56% and Florida's 46%.

In these states and many other markets, a buyer has no choice, a buyer can't avoid short sales or bank owned properties (REO's) because that is the majority of the homes for sale. That is their inventory. 



While many of these places may have better weather than Manhattan they are not as good a place to live or own real estate particularly if you need to sell your home. 

As Frank Sinatra sang...

New York, New York, if you can make it there, you can make it anywhere!

If you can buy real estate in New York you can buy it anywhere... but you may not be able to sell it anywhere.
New York, New York you can sell it there!

Manhattan home owners, sellers, buyers... BE HAPPY... You're in the Manhattan market!



Start spreadin' the news,


Manhattan market data:
Manhattan Monthly Snapshot April 2011
Manhattan Market Report: 1Q-2011


      

May 17, 2011

Manhattan Residential Architecture

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Brownstones to Glass Mansions in the Sky
Manhattan Residential Architecture from the 19th Century to the 21st Century

19th Century
New Yorkers lived in townhouses during the 19th Century. Single Family Townhouses and Mansions were made of Brownstone and Limestone. The Townhouse Market today is very desirable as single family homes and multi-family income producing rental buildings for investors.

Upper West Side Townhouses made of Brownstone and Limestone

The luxury apartment house was actually invented in New York in the late 19th century. Upper-class New Yorkers lived in townhouses and single-family mansions during the 19th century. To lure potential tenants, developers borrowed the word "apartment" from the French to make the new buildings sound more fashionable. The word and the lifestyle stuck.

In 1890 The Dakota was the first luxury apartment building in Manhattan.
It's Beaux Art Chateau style architecture was popular in the late 19th century. It was named The Dakota because at the time it was considered so far uptown (West 72nd Street and Central Park West) it might as well have been in Dakota Territory.

The Dakota
Dakota Architect: Henry Hardenburgh

20th Century 
In 1904 The Ansonia was called the most technologically advanced apartment house in the world.
When it opened in 1904, this extraordinary, eighteen story Beaux Arts building provided tenants with such luxuries as electric stoves, hot and cold filtered water, freezers, a pneumatic -tube system to deliver messages, and even an early form of central air conditioning.

Architect: Grave and Duboy built (1899-1904)

Apartment house living spread from New York to the rest of the country. By the 1930's 90% of Manhattanites were living in apartments.

1930 Art Deco Buildings
 
The San Remo Apartments and The Beresford. Two Emory Roth Architectural Masterpieces.
An ad for the San Remo in the NY Times in April 1930 called it:

As modern as a flying boat, as luxurious as the Ile de France and designed for people who are at home on both. Birds in the sky are your only neighbors.





<--The San Remo Apartments  

The Beresford -->





After World War II the New York apartment buildings became flat panels of brick and glass, lacking shape, color, texture, and ornaments.

1950's 
 Brick Buildings



11 Riverside Drive - The Schwab House




The Schwab House built 1951 is considered one of the best Upper West Side Coops. 

The 17-story, 654-unit apartment building is on the site of the former Charles Schwab mansion. It recently converted to"green"energy.



1960's
 Buildings were white brick - Wedding cake style - Large buildings with many setbacks with terraces.



Fairmont- UES built in 1964 - coop in 1984      
<---
   
  Dorchester Towers  
 Broadway at 68th Street
built in 1964 with Lincoln Center Development converted to condo 1984 --->





1970's


Buildings made of concrete have set back vertical rectangles and cylinders, many with balconies.





Yorkville Towers, Rupert Towers Complex  built in 1975 converted to condos in 2003

<---Yorkville Towers

Rupert Towers --->





 1980's

Brick facade with glass oversized windows - post modern, construction boom in 1980's.




The Boulevard 1988 - Upper West Side Condop   
<---

The Bromley 1987 - Upper West Side condo --->


 





1990's

Distinctive Brick facade of the 90's. Mixed facade limestone panels of the new century.




The Alexandria built 1991 
 <---





Seven buildings (condos and rentals) Trump Place 1998- 2003

21st Century
Glass Towers of the New Millenium - Glass Mansions in the sky






The Ariel East and West at West 99th Street and Broadway -
  <---

The Aldyn 60 Riverside Boulevard
--->




To receive listings of Manhattan Apartments and Townhouses
To receive Manhattan New Developmement listings
To sell your Manhattan Apartment or Townhouse

(blog post updated 9/2011)

All content/images, unless noted, are the property of Mitchell J Hall & may not be used without permission.
©nyc Blog estate 2006-2011

May 11, 2011

Manhattan Monthly Market Snapshot - April 2011

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May 8, 2011

A Blaze of Spring Tulips - Happy Mother's Day!

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Community Garden West 89th Street- Upper West Side




iPhone photos courtesy of:

      

May 5, 2011

Manhattan Neighborhood: Manhattan Valley

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Manhattan Valley is the Manhattan neighborhood between Central Park West and Broadway from 96th Street to 110th Street on the Upper West Side of Manhattan. 

Named for the slope of Manhattan Avenue, this neighborhood has a few quiet blocks with gorgeous townhouses, brownstones and the distinctive architecture along Central Park.

In 2007 the Landmark Preservation Commission designated Manhattan Avenue between 104th and 106th Streets a historic district comprised of 40 buildings.
Many of Manhattan's earlier row houses were primarily built with brownstone facades in the classical style but the structures in the Manhattan Avenue district combine Gothic, Queen Anne and Romanesque features.

Originally called "New" Avenue when it was created in 1868, Manhattan Avenue starts at 100th Street and continues to 125th street where it merges with St. Nicholas Avenue.

One of the first changes to the neighborhood was the conversion of the former New York cancer Hospital site into new condos at:

455 Central Park West between 105th and 106th Street.
The Castle, 445 Central Park West, Manhattan Valley,

The castle like structure is a restored French Renaissance style chateau building originally built in 1887. It has intricate wrought iron gates, arcaded loggia and imposing circular towers and slate roof. The building has 5 round turrets because at the time it was built corners were thought to harbor germs.

Columbus Square is a new 710 unit glass rental complex built on Columbus and Amsterdam Avenue. The five-building residential complex houses two private schools and also has about 500,000 square feet of retail space, including a Whole Foods and TJ Maxx. Amenities include gyms, roof decks, bowling lanes and a pool. 

Avalon Morningside Park a new rental building at One Morningside Drive and 110th Street, has a 2 story glass entrance with 296 units.

The Ariel, two new luxury residential towers across the street from each other at 99th & Broadway. One (built next to the famous art deco landmark Metro Theatre) has 31 stories with 73 units. The other is 37 stories with 65 units.
Airiel East, Metro Theatre, Morningside Heights, Upper Broadway, Manhattan ValleyAriel Condos East & West, Upper Broadway, Manhattan Valley




      
 

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