I spent the weekend in LA with my dear friend Colin Dusenbury– Partner at Magni Design, a luxury residential interior design firm based in LA. We tend to talk a lot about space, innovation, design, and lifestyle- as we both live our work so closely.

On Friday Colin attended a dinner to welcome the new curator of the Los Angeles Contemporary Museum of Art, Franklin Sirmans- alongside his client Jillian Michaels.  Michael’s recently bought a piece by the legendary contemporary artist Ed Ruscha- also in attendance Friday. This got us talking about the idea of, “life” in the home. Does art bring all the elements of design together? But the even bigger question is- does it actually bring the interior to life? Art is energy-and has the power to hold a space like no other. It demands your attention, speaks volumes about your you/your host, and reminds you of the moments it represents. Art is the breath of the home.

Next time you are in LA- check out LACMA, as the new curator Sirman’s will be focusing on work created in the last four decades.  To get your contemporary art fix in Manhattan head to The New Museum.

A new building at 257 Bowery is making the elevator its prime asset. More than just an elevator it is a 12’ by 20’ feet moving room with a gallery space and surrounded by milled glass. The lift will also boast a red glow that will be sure to light up a late night stroll down the Bowery

Sundays are no longer lazy thanks to the Sunday Night Film Club at the Crosby Street Hotel. The dinner and movie concept is upgraded with the Crosby’s plush interors and gourmet food/drink offerings from the Crosby Bar. All movies are screened in the hotels state of the art cinema.

“I keep hearing ‘it’s a buyer’s market.’  I am considering trading up, but I need to sell my apartment first—is it a really a good time to sell?”

“What kind of discounts can I really get in today’s market?”

“I want to buy in a new-construction condo.  Is it a good idea?  Will I get a loan from a bank?”

“I read in the news that it’s really hard to get financing—is it true?”

“The Case-Shiller housing index seems to portent the end of the real-estate free-fall, but unemployment is still up in New York, and the stock market is gyrating.  Where do you think the market is going?”

For these and other good questions you may have, come to an expert roundtable discussion, where Caroline Grane and Arthur Hung, 2 of Downtown’s most accomplished brokers, and a top mortgage professional from Bank of America will help you separate the wheat from the chaff.  All in a casual setting, over fine wines and appetizers, at CORE’s elegant new flagship retail space at 127 Seventh Avenue (at 18^th Street).

Date: Wednesday, October 21, 2009

Time: 7:30 – 8:30 PM

R.S.V.P. requested, but not required, to ahung@corenyc.com.

COME SEE WHAT WE HAVE TO OFFER

The weather channel predicts a gorgeous Summer weekend in the city. Here’s our weekend open house schedule for Manhattan and Brooklyn. We’d love to see you stop by. Click the links below for a complete list.

7_18_09 Open Houses_ Manhattan

7_18_09 Open Houses_ Brooklyn

……..in spite of a falling market. I contend that some of the most creative thinkers and innovators have come to the surface with their best work in times that seem dire. Some of history’s greatest works come at times that seem the most depressed. Art and commerce act independantly.

Axis Mundi has designed an alternative to Jean Nouvel design for the Hines site on 53rd Street next to MOMA. While it has received some unfounded criticism for trying to replace an already well conceived design , I applaud this work. This type of creative process is what pushes the boundaries of the ordinary and evokes ideas that will ultimately advance our status quo.

John Beckmann sent me this email today, and has graciously allowed me to post it here below. (more…)

This morning I spoke with Erika Schnitzer from Multi-Housing News and gave her my opinions about where the market is, and might be going. Read the story here.

On January 11th, 2007 I predicted that West 19th Street in Chelsea would become the most architecturally distinct block in Manhattan. The Real Deal was there to cover a guided tour we gave of the high line and our project. (See video above).

It is extremely rewarding to see the dream and vision of all the architects, developers, builders and marketers become a reality. The project Core represented, 520 West Chelsea, is sold and closed, but for one unit (which has a contract out). I consider it the most successful project to date, in a neighborhood that has evolved into a worldwide destination and desirable residential address.

I tip my hat to John and Keith Jacobson for being visionaries, and delivering 26 elegant, understated new homes. I thank Annabelle Selldorf (who I sat down with and had a conversation with) for designing the most gorgeous building in the neighborhood. I also thank the entire brokerage community for embracing this project and helping us successfully sell this building.

Chelsea Garden

The skies are grey, the real estate market is cloudy, and the unpredictability of both has never been more apparent. The New York Post’s Katherine Dykstra wrote a story today that featured apartments with outdoor space. Will this will clear the air and give us hope for brighter days ahead?

I still contend that THIS IS THE TIME TO BUY! I say this not because I own a brokerage that relies on transactions, but because of the fundamentals underlying the opportunity for buyers and their ability to transact.

It’s June.

July and August are supposed to get hot.

Let’s see what happens.

The building located at 345 Grand Street is believed to have been built around 1900.  It is a SOHO-Style Cast Iron that somehow was transplanted to Lower East Side.   Before the building was converted to a  Condominium in 2002, it had a quite an interesting history.

During the 1910’s the second floor was a dance hall.  The ticket pictured below was found under the floorboards on the 2nd floor, which has  13′ ceilings and used to have a wide staircase down to the ground floor, also 13′ high.  That stair is still there in the space that is for sale or rent as retail or gallery — but it is covered over now by the 2nd floor’s new flooring.

In the early 1900’s it became a distribution outlet for for H W Perlman Pianos.  1950’s it was a warehouse for Sun Ray Yarn.  As demonstrated in the photo below, Sun Ray Yarn used to be housed in the building next door to 345 Grand Street.  You can see that 347 the original home of Sun Ray Yarn was next door, while H W Perlman Pianos took up most of 345.  It was a warehouse and sales showroom, probably not a factory.  The lady’s long dress and the lack of wire suggest the date was around 1910, right around the time the “Grand Hall” Ballroom Dance was held.

Allen and Alice Freidman, the owners of the building put the building on the market in 1999.  Phillip Frazer and 5 other partners bought it as a Co-op.  They kept  the commercial spaces downstairs  where there was one tenant Grand Sterling Silver, operated by Grand Sterling Co Inc, now on 14th Ave Brooklyn.

AFTER the group brought together bought the building, in 1999, they chose an architect and builder and filed plans for a total rehab — new electrical, plumbing, HVAC, elevator, intercom and alarms.  A new roof enabled higher ceilings for the 5th floor and an entirely new apartment to be built on top — this 6th floor penthouse was designed and built by the present owner and seller Phillip Frazer.

For property details, visit: http://www.corenyc.com/en/listings-345-grand-street,18,163788.html

First Open-house 12-3PM, Sunday June 14th.

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