Why Live on the Upper East Side?

The Upper East Side is known for its neighborhood feel and expensive Park Avenue apartments, steeped in rich history dating back to America’s most prominent families. The Carnegies, 

Rockefellers, and Kennedys have all called the Upper East Side Home. Today, the neighborhood attracts a variety of different demographics and has housing options that span many price ranges.

People are attracted to the Upper East Side and call it home for a myriad of reasons ranging from selection of schools to restaurants, shopping, and culture. It is a great neighborhood for first-time city dwellers as well as established families because of the diversity of properties available in the area. The neighborhood feel of the Upper East Side extends a welcoming hand to all.

Some felt that the Upper East Side was somewhat out of reach because the 4/5/6 was the main artery in and out of the neighborhood, leaving people on the east side of the area having to walk to Lexington Avenue to get downtown. With the opening of the Second Avenue Subway, the neighborhood and all of its perks have become even more accessible, and properties on the far east side of felt a positive impact.

Whether you are looking for home close to great close, coffee shops, museums, or shopping, the Upper East Side offers it all! Download our Upper East Side neighborhood guide to learn more about the neighborhood and why we love it.

Some of our neighborhood favorites include:

Restaurants:

• Mr Chow
• Flex Mussels
• Haru
• Philippe
• Elio's
• Campagnola
• Sushi by Gari
• Jo Jo's
• Cafe Boulud
• Morini
• The Mark Restaurant
• La Goloue
• Jade Sixty

Coffee:

• Nespresso boutique on 74th and Madison
• Joe's Coffee
• Birch Coffee
• Sant Ambroeus

Workouts:

• Equinox
• Soulcycle
• Flywheel
• Rumble
• Hot Yoga
• Ripped

Gourmet Grocery:

• Citarella
• Whole Foods
• Fairway
• Dean & Deluca

Salons:

• Warren Tricomi
• Drybar

Museums:

• Metropolitan
• Jewish Museum
• Frick Collection
• Met Breuer
• Neue Galerie
• Guggenheim

Schools:

• Chapin
• Brearley
• Buckley
• Spence
• Dalton
• Garden House School
• Town
• Lycee Francais

Parks:

• Central Park
• John Jay Park
• Carl Schultz Park

Featured Upper East Side Listings:

 408 East 79th Street, 17AB

Convertible 5 Bed | 5 Bath | $7,395,000

Apartment 17AB is a convertible five bedroom, five bathroom home with a private elevator landing in one of the Upper East Side's best condominium buildings. Meticulously designed by Weitzman Halpern, this 3,836 square foot home with 10 foot ceilings offers soaring views in every direction. Generously proportioned living and entertainment rooms make this home ideal for gatherings and entertainment. The Arcadia was designed by famed architectural firm Costas Kondylis and includes a private gym with beautiful skylight, stretching room and massage room, children's playroom, newly developed teen game room, bike room, storage, library and 24 hour doorman and concierge. 

SEE FULL LISTING

1355 First Avenue, 6th Floor

4 Bed | 4.5 Bath | $6,995,000

The 6th Floor at The Charles Condominium is a spectacular full-floor home with four bedrooms, four and half bathrooms, and complete luxury design work from Interior Design Aman Meeks. At 3,637 square feet, this is truly a special opportunity to own a gracious and pristine condo unit on the Upper East Side.

SEE FULL LISTING

2018 Outlook: What to Expect for the New York City Real Estate Market

Many people have been asking what we expect for the Real Estate market in 2018. While it is a bit early to tell the impact of one of the major items at play in 2018, namely tax reform, 2018 looks to be favorable for the real estate markets largely due in part to a strong job market and strengthening economies globally. We have broken down our 2018 outlook into 4 key areas – tax reform, economic backdrop, inventory, and rentals

Tax Reform

The new tax law is likely to be the most impactful to the 2018 real estate market compared to our other key areas, and is a large element of uncertainty for the housing market. This sweeping overhaul with changes from personal to corporate taxes has provisions that are expected to impact real estate markets, especially in high tax states such as New York, New Jersey, and California.

The 2 changes to be most aware of in the bill are the capping of State and Local deductions to $10,000 and the reduction of the Mortgage Interest Deduction from $1MM to $750,000. Both of these changes could make owning a home more expensive than previously planned for some individuals and impact the amount being considered to mortgage a home.

We are only 10 days into the New Year, so the impact of changes are still unclear. Q4 2017 activity was strong, and historically Q4 momentum carries in to the beginning of the following year. We see 2 possible scenarios that could unfold as a result of the tax changes:

• Pace of sales slows at the beginning of 2018 as buyers might pause and speak to their accountants in an effort to try to better understand their new tax picture before making a purchase. In this scenario, we see downward pressure on pricing.
• Volume and Pace of transactions from Q4 continues into 2018 as buyers may recognize that the uncertainty that may be instilled in some regarding tax reform creates opportunity, and they seize this opportunity. Additionally, buyers are likely armed with padded investment accounts and year-end bonuses.

Regardless of scenario, the largest impact of the tax bill is likely to influence buyers in the $1M+ to $5M price range.

Economic Backdrop

Moving into 2018, there are a lot of favorable economic indicators that create a favorable backdrop for housing. It is important to remember that the real estate markets are highly correlated to both the job and stock markets. Economies around the world are expected to grow in 2018 with some foreign economies outpacing U.S. growth – could foreign buyers increase in 2018?

Here in the U.S., the Fed increased their growth outlook for 2018 in their minutes released in December. Their notes utilize language that suggests a job market that will continue to remain strong, and, perhaps, grow slightly while being accompanied by rising wages. This is a positive for the housing market. Additionally, the Fed is currently suggesting 3 rate hikes in 2018 as Yellen’s term comes to an end.

The consensus among analysts is that equity markets will continue to rise in 2018. While the magnitude of the rise may not be as large as in 2017, gains will continue to add to already large investment accounts.

Inventory

We expect high inventory in the luxury market to persist in 2018, or increase with additional new condo inventory coming to market.  Developers are continuing to reshape the New York City skyline in partnership with some of the best names in architecture. Projects like 125 Greenwich and 262 Fifth Avenue will increase luxury condo inventory. Increased inventory at the higher end of the market will continue to pressure pricing at this level.

To remain competitive with the pool of wealthy buyers, we expect developments to continue to push the bar. Central Park Tower is a great example of this as they are trying to allure global titans to call the building home for their pied-a-terres or place to park money in the US market. Over-the-top amenities will continue to be the norm in both condo and rental buildings.

Rentals

The rental market peaked in 2017 after being on a march higher for quite some years. We all saw the rental market take a turn in 2017 with rents seemingly dropping across the board. We expect concessions to remain at all-time highs throughout 2018. Landlords will need concessions to lure tenants to their units. The continued pipeline of new inventory that will come on the market should cap rental prices from overly rises in 2018. However, the continued attraction of New York – labor market, culture, etc. will serve as a floor for rental prices so we do not expect any large scale drops in 2018. 

Must See: Volez Voguez Voyagez Exhibition by Louis Vuitton

Heritage – something that defines iconic brands around the world. Whether in fashion, automotive, beauty, or architecture, heritage is common among the best brands and the most well-known brands. Volez Voguez Voyagez by Louis Vuitton is an exhibition that explores that heritage of the Louis Vuitton brand, sharing their unique story and the impact that have made across centuries in travel and luxury.

The exhibition has completely transformed the old American Stock Exchange building on Trinity Place into a complete world of Louis Vuitton. Visitors step into the story of Vuitton from the beginning as they are told the story of a 14-year-old Louis Vuitton who left Anchay on the eastern border of France in 1835 to head to Paris by foot, reaching the city of lights 2 years later. From there, visitors walk through a visual representation of milestones and iconic pieces from the maison until the modern era.

The exhibition focuses on 10 aspects that have contributed to the success of the House of Louis Vuitton:

• The Trunk of 1906
• Wood
• Classic Trunks
• The Invention of Travel
• Writing
• The Painting Trunk
• Curio Trunks
• The Beauty of Fashion
• Music
• Louis Vuitton Loves America

From some of the first trunks created in 1892 to pieces owned by famous stars and one-of-kind collaboration pieces, the exhibit has unique and rare pieces that you will not be able to view anywhere else. The end of the exhibition features artisan showcasing how certain aspects of the bags are made where visitors can also feel the various types of leathers. There is also a small boutique at the end featuring a variety of coffee table books, small leather goods, and the newest range of perfumes.

Exhibition Hours:

From 10.27.2017 until 1.07.2018

Monday to Saturday 10:00am until 8:00pm

Sunday 11:00am until 7:00pm

Tickets are FREE – book in advance here

Summer at the Seaport District

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In the heart of Downtown Manhattan, the Seaport District has been undergoing a large revitalization and transformation. We previously wrote about all the exciting things happening in the Seaport. This summer, however, the heat has been kicked up another notch at the waterside neighborhood with the “Summer at the Seaport” sponsored by Chase Sapphire.

Have you explored any seasonal spots this summer in the city? With many looking to get in a last vacation day or Summer Friday before Labor, the Seaport is the perfect spot to enjoy a summer afternoon or evening downtown. For Summer 2017, the Seaport is serving as a destination for highly curated culinary, music, retail, and cultural experiences.

There may only be a few weeks of summer left, but there is still a lot happening at the Seaport District to checkout.

Not convinced? Check out this wonderful video from our friends at South Street Seaport:

The Garden Bar

Perhaps the main focal point of the Summer at the Seaport installation is the Garden Bar sponsored by Chase Sapphire with special VIP access for card members. The bar is situated in the middle of the iconic cobblestone streets of the neighborhood, stretching 78 feet long and draped with greenery and palms. The setting feels like a garden oasis in the middle of the bustling city. The Garden Bar will be serving up selection of rare beers, rosé, and cocktails.

Additionally, The Garden Bar is located directly adjacent to a lush stage where live performances have been happening all summer long. Outdoor drink + live music…what is better? The lineup for the rest of the summer is as follows:

Thursday August 10th at 6pm: Breanna Barbara

Saturday August 12th at 6pm: Gedeon Luke and the People

Thursday August 17 at 6pm: Southern Avenue

Saturday August 19 at 6pm: Behold the Brave

Thursday August 24th at 6pm: Annie Hart

Saturday August 26th at 6pm: Showtime Goma

Thursday August 31st at 6pm: Calvin Love

Thursday September 7th at 6pm: The Alpaca Gnomes

The Chase Sapphire Lounge is reserved exclusively for Chase Sapphire members and offers a special menu of beverages and food.

Food Lab

Speaking of Chase Sapphire, members will also be able to get exclusive access to tickets at the Food Lab which has been hosting some of the most renowned chefs all season long. Each cehf will take up a 2-week residency at the Seaport, offering guests a taste of their signature culinary dishes. With guest chef’s coming in through early fall, you are sure to catch a unique experience before the summer ends.

Alon Shaya is currently in the Seaport until August 12 with Jessica Koslow, of Sqirl fame in Los Angeles, arriving on August 20th.  A partnership with Sixpoint Brewery has allowed each guest chef to create a custom beer for their time in residency. The remaining schedule for The Food Lab is as follows:

Jessica Koslow – August 20th – September 2nd

Dale Talde – September 20 – 23rd

Wylie Dufresne – September 29th – October 11th

Other Attractions

The Seaport is home to other attractions to enjoy a summer day or evening. Check out these popular spots to grab a cold drink or a good bite:

• Clinton Hall: The popular pub has opened a location right on the heart of the Seaport. Clinton Hall is known for its 20 rotating draft beers alongside 20 burgers. There are also table games
• Front Row Food Trucks: Various food trucks are rotating into front street, parking in a Smorgasburg-style street food display.
• Mr Cannon: There is not much description provided on this new Speakeasy, aside from its inspiration. The address is not published on the website, but rumor has it it is located at 206 Front Street.

StreetEasy - How Easy is it to find your Apartment Rental?

In the current state, many would argue that finding an apartment for rent on the popular New York site, StreetEasy, may not actually be so easy after all. If you have ever searched for an apartment in New York, moved to New York, helped a friend find an apartment in New York, etc. , then you most likely came across StreetEasy to browse listings on the NYC market. 

The site, an affiliate of Zillow, recently announced that they will charge brokers a $3 a day fee for an rental listing to appear on the site. This announcement comes shortly after the site implemented their "Premier Agent" offering, essentially allowing brokers to pay for potential leads, and become a point of contact on a listing that is not theirs.

Why is this announcement worth paying attention to? Below are 5 things you need to know about the recent changes to StreetEasy:

1. This impacts the NYC Rental Network

The NYC Rental Network is largely composed of StreetEasy Zillow, Trulia, and Hotpads because NYC does not have an MLS like every other real estate market in the country...if you are searching for a rental in NYC it will impact you!

2. The Change

StreetEasy will charge agents $3 a day to have rental listings appear on their site. If agents do not opt in, it will not appear on the site, and thus will not appear when you go to search here for your apartment. Many of the large brokerages in the city are not reimbursing agents for this additional cost if they opt to participate.

3. Initial Reaction has Been Large

The brokerage community silently spoke up through their lack of participation in the program. In fact, The Real Deal reported that rental listing inventory plummeted 50% in 24 hours! The comes on the heels of a boycott to their Premier Agent program as well.

4. Will this impact you? 

If you are conducting a search for an apartment rental in NYC, the odds are more likely than not that this will impact your search. Because StreetEasy and the affiliates have aggregated large amounts of data (listings), they have become the go to site for for many in the search. If agents do not participation, the listings will not show on searches on this site so you could miss out on properties that perfectly fit your needs. 

Through the lack of participation, and thus data, the website loses a sense of transparency. It once was the go-to for all listings in the NYC market, but that will no longer be the case as it will be a website with data that is simply paid for.

5. The Value of Human Interaction Increases

Brokers have become more important to your search than you previously thought. In an industry where technology certainly enhances and improves the transaction experience, the human element is still very valuable. By working with a broker, you will get access to their search and expertise. They have access to search propriety listings systems and tap into the broker community at large.

6 Rooftop Bars to Visit this Summer

Outdoor space is highly coveted in the city, especially during the warmer weather months when long days lead to beautiful sunsets over the skyline. We look for outdoor space in apartments, and we also desire it when deciding where to go for a cocktail.

Below is a list of 6 of the best rooftops to hangout in New York City and enjoy a cocktail (or 2) and skyline views from different vantage points. Perched in the sky, you might even catch a breeze to cool you down. Don’t take our word for it, and check out these place:

The Roof

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Situated atop the Viceroy Hotel, The Roof offers a sophisticated space to escape Midtown to enjoy a cocktail and view. The space faces North, offering views of the classic Central Park South skyline as well as the park itself. The interior of the lounge is reminiscent of an old luxury airliner with a menu offering up craft beers, global wines, and classic and modern cocktails that rotate to utilize the freshest ingredients.

The Viceroy Hotel 124 W 57th Street

The Roof at Park South

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Take in views of the Chrysler and Empire State buildings while sipping on quality cocktails at the roof of the Park South Hotel. The space not only offers good views and good drinks, but also good DJs. The menu breaks down cocktails into categories such as “Effervescent and Easy Drinking” and “Fancy”. The space is outfitted with copper siding, orange canopies, and a fireplace.

The Park South Hotel 125 E 27th Street

1 Hotel DUMBO

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Looking for views of the skyline from a different perspective? DUMBO offers the perfect vantage point and the chic 1 Hotel offers the perfect spot from which to gaze. Grab a cocktail or glass of wine and take in sweeping views of the Manhattan skyline from the rooftop.

60 Furman Street

Salon De Ning

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Head to the Peninsula Hotel on 5th Avenue and make your way to the roof for a sophisticated setting to enjoy a drink while looking over the iconic stores of 5th Avenue. Salon De Ning was recently renovated in 2016 and features Hampton-esque aesthetics. The two outdoor spaces are complimented by an interior bar. The space operates on a first come first served basis.

700 5th Avenue

The Press Lounge

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Tucked away in Hell Kitchen on Manhattan’s West Side is the Kimpton Ink 48 Hotel which is home to The Press Lounge. The Press Lounge is a fan favorite for rooftop bars in the city, offering up a swanky space and panoramic views of both the Manhattan skyline and Hudson River.

653 11th Avenue

PHD Terrace Midtown

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Check out the newly expanded terrace of the Midtown outpost of PHD, the popular rooftop of the Dream Downtown in Meatpacking. PHD Terrace, at the Dream Midtown, allows guests to enjoy a different perspective than its sister, namely views of Midtown and Times Square. Word on the street is they serve a 164 oz. Moscow Mule!

210 W 55th Street

College Graduates Face NYC Housing Costs

Many college graduates, armed with their diploma in hand, will make the move to New York City to pursue jobs and start their career. One of the biggest obstacles college graduates face with their transition to New York is the expensive cost of housing.

It is certainly a tough battle to fight given the tight labor market which requires graduates moving to where the jobs are vs. jobs coming to them. Median pay for entry level jobs in the city is certainly higher than in other parts of the country, however, the increased compensation still leaves a very large gap for many between income and housing costs. According to WNYC, the median income across New York City is $50,711.

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The average rent in Manhattan in April 2017 was $3,232.

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The general best practice when it comes to housing costs vs. income is a ratio of 30%, or having rent that does not exceed 30% of your monthly income. Based on the recommendation, a new graduate would have to make approximately $130,000 to afford the medium rent in Manhattan. Sounds intimidating, but understanding the basics can help any new graduate navigate the complex New York real estate market and find the perfect apartment.

Whether you end up renting in a condo, co-op (in rare instances), or a rental, building, there are a few general rules of thumb that can be expected across the board:

•  Income Requirement: The general rule in New York City is that you must make 40x the monthly rent, or 80x the monthly rent if you are using a guarantor. Rental buildings will be stricter with these rules whereas it is ultimately up to the discretion of the condo owner to accept a tenant
• Security Deposit: Be prepared to have certified check’s for the first month’s rent, security deposit, and broker’s commission.
• Lease Length: Most buildings will require a minimum of a 1 year lease. There are some buildings that do allow for a 6-month lease.
• Credit: Most buildings will run a credit check. Strong credit always helps!

Given the general requirements as a new college graduate, what are the options?

1. Use a Guarantor- Many college graduates do not earn enough to meet income requirements, and defer to a guarantor on the lease. This is usually a parent of guardian who has earning power to meet these requirements.

2. Savings- Often times, if the income is close to the threshold, but the individual has strong credit history and a substantial savings or cash-equivalent account, the individual will be accepted

3. Roommates – While many want to say goodbye to roommates after their college days, NYC is a place where even those in there 40s have roommates sometimes. Plain and simple, it significantly reduces monthly housing expenses.

4. Prioritize – Decide what is important. Would you rather have a nice apartment or live in a better neighborhood than leaving an ample nightly happy hour and weekend going out budget?

5. Use a Broker – In a market like New York, a broker will be your best asset. They have knowledge of what buildings are willing to negotiate, and can also help find buildings that are giving out incentives such as free months of rent.

We asked team member Jamie Lee who has helped many young adults transition into the city about what she recommends in the process:

“You have to be educated on the different neighborhoods of New York City.  I tell my clients to walk the streets of different areas, spend a weekend day there, and get lunch or dinner to really feel out different neighborhoods and see if they can see themselves living there. “

The Alternative

One alternative option, which is growing in popularity, is savvy parents who purchase an apartment as investment, and charge their children “rent.” Sound crazy?....it is not! In this scenario the parents can get the tax benefits of a mortgage while owning an asset that is likely to trend up in value over the long run. Additionally, the child is paying towards actual ownership in the asset, equity, rather than paying true rent to a landlord that is solely capitalizing off of them.

Of course, buying is a big decision, but one that we are here to walk you through. When it comes to Millennials, Jamie knows that indecisiveness can be very common. Sometimes, she tells them to rent first for a year and feel out an area before taking the plunge, or she makes sure they buy something that can easily be rented out or resold if they decide to move after living there 3 yearsGiven how challenging it can be for millennials to pay rent, imagine how hard it is for them to save for home ownership. In fact, owning a home is one of the biggest challenges Millennials face, as crippling debt and rising rent costs eat away at disposable income. We have a list of 10 creativeways to save for a down payment.

It is important for Millennials not to get discovered, and remember that there are options. Team member Kimberlee Knecht has helped many clients in the early 30s age bracket purchase their first property, and that first property is in New York City.

She points out that

“Condos are more scarce than co-ops from a market composition overall and are also more lenient, and because of this, condos can be 10-15% pricier than comparable co-ops.”

Thus, co-ops can be a great option for a first-time buyer in the city, looking to own that first piece of New York.

Of course, this is just the beginning, and The Victoria Shtainer Team has a wealth of resources and insights that can help breakdown the process, whether renting or buying. Consult our resource library, or contact us to schedule an appointment to discuss your unique apartment needs.

Your Memorial Day Weekend Guide

Memorial Day Weekend is upon us, and we are going to be kicking off the unofficial start to the summer season. Whether you stay in the city or spend your summers out east, The Victoria Shtainer Team has curated a list of a few of our favorite happenings in NYC and the Hamptons. From art festivals to the must-try new restaurants in The Hamptons, this list will keep you busy during the long weekend.  

While we cannot wait to kick off the summer season, we also must take a moment to pause and remember the meaning of the Memorial Day Holiday. We would like to thank all of those that serve in the US Armed Forces and continue to protect our country every day. Salute our troops and celebrate the start to summer!

 

New York

 Washington Square Outdoor Art Exhibit:

The bi-annual art fair is returning to the streets of Greenwich village. Browse artwork on display by original artists from New York, the nation, and globally. The fair includes paintings, sculpture, and eco-friendly art and unique pieces that are available for purchase at substantially less than gallery prices.

The exhibit is free admission and will be running May 27-39 as well as June 3-4, 12pm-6pm. University Place beginning at East 13th down the east side of Washington Square Park to West 3rd Street.

 Brooklyn’s King County Memorial Day Parade:

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There are quite a few different Memorial Day parades throughout the city, however, the Kings County Memorial Day Parade in Bay Ridge is the most iconic. 2017 marks the 150th year of the parade. Following the ceremony there will be a 21-gun salute by the U.S. Army at Fort Hamilton. The NYPD and FDNY participate in the march, and antique fire trucks and autos are on display. 

The parade kicks off at 11am on Monday, May 30th at 78th St and Third Avenue in Bay Ridge. Take the R train to 77th St Bay Ridge Avenue or 86th St.

Arlo Hotel Weekend BBQ:

A post shared by Arlo Hotels (@arlohotels) on Mar 1, 2017 at 2:06pm PST

A great option if you are staying in the city for the weekend. Head to Arlo SoHo for one of the best open bar BBQ parties around town. The rooftop event will have traditional MDW fare such as hamburgers, hot dogs, and tacos complimented by panoramic city views. A DJ and entertainment will round out the event.

Saturday May 27th, 2-5pm. Tickets purchased in advance for $65. 231 Hudson Street

 Lower East Side Festival of the Arts:

 The Lower East Side is known to be a culturally diverse and vibrant neighborhood of the city, making it a great setting to celebrate performing art. Over 100 performers from poets, puppeteers, and filmmakers will take over the Theater for the New City for the long weekend. Saturday’s event also features a streetfair with food and art vendors.

Free Admission. May 26-28 with Saturday’s festivities held outdoos

 Rooftop Cocktails at 1 Hotel:

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Enjoy the long weekend with a relaxing cocktail while taking in wonderful views of the Manhattan skyline. The chic 1 Hotel at Brooklyn Bridge rooftop offers a great vantage point to view the city. Enjoy handcrafted cocktails, a plunge pool, or fire pits on a chilly evening.

60 Furman Street, Brooklyn

The Hamptons

 Montauk Show on the Green:

The 9th Annual Memorial Day Weekend on the Montauk Green is coming to Montauk Village Green. Artisans from throughout New York and the country will be showcasing original creations including paintings, sculpture, jewelry, photography, and ceramics. Admission to the show is free and it will be running Friday 12-6pm and Saturday and Sunday 10-6pm.

Free Admission. 742 Montauk Highway, Montauk

Wolffer Estate Vineyards:

The annual summer events return to the Sagaponack vineyard starting the Friday of Memorial Day weekend.  You will not want to miss summer 2017's first installment of Sunset Fridays and Saturdays at the wine stand with music by Clinton Curtis Friday evening and Mamalee Rose Saturday evening. Enjoy wine by the glass or bottle as well as cheese and charcuterie plates. 

Yoga in the vines will be returning to Wolffer beginning Thursday, May 25th. Some of the Hamptons' best yoga instructors will be conducting classes right in the vineyard. Drop in classes are $25 with packages available for purchase as well.

139 Sagg Road, Sagaponack

Le Bilboquet Sag Harbor:

The popular French eatery on East 60th Street in Manhattan is heading out East. The restaurant, of which Ronald Perelman is a partner, is taking over a prime spot on the docks in Sag Harbor. If the crowd at the Manhattan location is any indication, we expect this is going to be a popular spot! The restaurant is slated to have a crudo bar and feature its signature Cajun chicken dish.

1 Long Wharf, Sag Harbor

Eleven Madison Park Summer House:

The former Moby’s space in East Hampton will be transformed into the renowned 11 Madison Park pop-up for the summer. The restaurant is closing its Manhattan location for the summer to renovate and moving operations out East.

The opening has been the talk of the town as the 3-star Michelin restaurant is making reservations exclusively for American Express cardmembers. The East Hampton location is expected to be more casual than its city counterpart and feature an a la carte menu, indoor dining room, tented area, and picnic tables and games in the backyard. Note: the tent and backyard will be on walk-in basis only.

341 Pantigo Road, East Hampton

Calissa:

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A taste of Mykonos is coming to Water Mill starting Memorial Day weekend. The team of Il Cantinori in partnership with executive chef Dominic Rice (formerly at Narcissa and Jean-George) will be leading Calissa. Rice will be using Long Island seafood to serve up dishes salt-baked striped bass and lobster bucatini.

1020 Montauk Highway, Water Mill

7 Instagram Worthy Master Bathrooms

Views are always captivating in New York City- in fact, we wrote about the 12 Most Instagrammable Views from Manhattan Real Estate in the past. There, however, a lot more aspects that are equally as captivating when it comes to luxury real estate. We constantly see things like #KitchenGoals and #LivingRoomGoals, but what about #BathTubGoals?

Manhattan real estate has some pretty awesome Instagram worthy bathtubs. From large soaking tubs perched high in the sky to intricate tile, here are our top picks for #bathtubgoals around town.

200 E. 59th Street

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Jan 18, 2017 at 6:29pm PST

200 East 59th Street will be rising on the corner of 59th Street and 3rd Avenue, bringing a new luxury condo tower to the area. The project is by Macklowe Properties of 432 Park Avenue fame. 

Based on the current proposal and renderings, the building is slated to have a unique metal basketweave base that will certainly be attention grabbing from the street. The residences at 200 E 59th Street are characterized by units that have deep, continuous wrap around terraces. The architectural design of the building moves all the columns from the interior to the exterior, freeing up space inside the apartments.

Select residences will have freestanding soaking tubs positioned in front of large windows as seen above. You can relax while taking in the Manhattan skyline!

Listings by Macklowe Property

357 W. 17th Street

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Mar 3, 2017 at 5:38pm PST

This renovated townhouse in the heart of West Chelsea is comprised of 11,000 square feet of living space with an additional 2000 square feet of outdoor living space. The home features luxurious details and amenities throughout such as Swarovski Crystal accents in the kitchen to a complete spa with indoor pool in the basement.

The master bath of the home spared no detail as well, comprising half a floor. The space is done with an intricate Sicis Tile design featuring a flower motif. The master bath feels like a spa itself and has one of the largest bathtubs we have seen....who wouldn't want to soak in this beautiful bathroom?!

Listing by Alyssa Soto Brody

45 E. 22nd Street

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Nov 7, 2016 at 5:50pm PST

The latest addition to Madison Square Park, 45 East 22nd Street, has earned the title of Madison Square Park Tower because it is quite literally going to be the tallest building in the area upon completion. The top of the tower has promising views of most of Manhattan all the way to both the East and Hudson Rivers.

The views from the top are visible in all rooms of the apartment, including in the bathroom. Sit in this tub and you will find yourself thinking "I can see for miles and miles..."

Listings By Douglas Elliman

432 Park Avenue

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Jul 15, 2016 at 9:49am PDT

As the tallest residential building in the Northern Hemisphere, 432 Park Avenue has some of the most jaw dropping views of the Manhattan area, from Yankee Stadium to lower Manhattan, all the way to New Jersey and Long Island.

The bathtub of one of the penthouses is, perhaps, one of the most Instagrammed bathtubs out there, and who could argue given that stunning view? Can you say #bathtubGoals?!

Listings by Douglas Elliman Development Marketing

151 E. 58th Street

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Nov 28, 2016 at 5:20pm PST

One Beacon Court, like many of its neighbors such as 432 Park Avenue, is known for its spectacular views. In fact, The Victoria Shtainer Team currently has two exclusive listings in the building, 47A for sale and 34B for rent, which each offer wonderful views. The homes feature floor-to-ceiling glass which, depending on the exposure, offers views of Central Park, the Midtown Skyline, and the East River. 

The master bath of Penthouse 53W has breathtaking views of the Midtown skyline looking south as the tub is positioned next to a large window. A bath with Empire State Building views? We'll take it!

Listing by Frans Preidel

520 W 28th Street

520 W 28th Street is the late Hadid's only project in New York, and thus, has an inherent special value to it as it brings her signature elements along the High Line. The design is based on graceful curves inspired by nature that are a contrast to the hard angles generally seen in residential architecture. The hand-rubbed metal facade is one continuous line that works its way toward the sky. The curves of the building create a distinct chevron pattern on the exterior of the building, linking residence exteriors and interiors together in one sweeping movement. 

The building, directly adjacent to The Highline, has some residences with master baths that look over The Highline Park and West Chelsea. Master baths are luxurious appointed with white marble contrasted against black crosscut Nero Marquinia marble and a freestanding six-foot tub by Teuco Guuzzini. 

Listings by Corcoran Sunshine Marketing

565 Broome Street

A post shared by The Victoria Shtainer Team (@thevictoriashtainerteam) on Feb 9, 2017 at 5:27pm PST

565 Broome Street is Renzo Piano's first residential project in New York City. He brings his iconic design and approach to this luxurious residential project located in SoHo. The 30 story building will stand out in the SoHo landscape, set alongside its smaller scale neighbors.  Renzo Piano prides himself on his careful attention to materials, and 565 Broome is no exception with an austere material palette that accentuates the quality of those selected. The overall design and approach to the project is an expression of key materials. Design is characterized by low-iron, extra wide glass and “tube” shaped living spaces in select residences which are a character of Renzo Piano

Interiors are designed by renowned firm RDAI who take a similar approach to their work as Piano, highlighting craftsmanship and materials. At 565 Broome, they have found beauty in natural materials such as stone,  white oak, glass, and concrete. RDAI is known for its work in global Hermes and Saint Laurent stores.

Select residences feature master baths with tubs positioned to capture the wonderful downtown skyline. You do not need to be perched on the 96th floor to have great views! This view of the World Trade Center is iconic.

Listings by Douglas Elliman Development Marketing

If you are interested in any of the bathtubs or properties, please contact us directly. We will help you attain these bathtub goals! 

Lust-worthy NYC Apartments with Outdoor Space Perfect for Spring

In a city as crowded as New York, space certainly comes at a premium and so, too, does private outdoor space. Outdoor space is a highly sought after amenity in the city, and private space is even more desirable. 

With the spring season here, it will soon be time to get outside and enjoy the warm weather and longer nights. Private outdoor space offers residents a way to "escape" from the city while taking it all in at the same time. Terraces and balconies are a place to relax, enjoy views, entertain, and dine. 

Here are some of the most luxurious, lust-worthy apartments currently on the market in New York City with outdoor spaces that are giving us some serious spring fever!

11 Beach Street- PH B

$22,500,000

Exclusive Sales and Marketing by Douglas Elliman Development Marketing. Via

11 Beach Street, developed by HFZ Capital, is bringing a true Tribeca sensibility to the neighborhood thanks to its vision by BKSK Architects with interiors designed by Thomas Juul-Hansen. The building plays on the classic Tribeca "feel" with modern design elements incorporated throughout. The building features an exterior facade of rustic brick with the addition of classic terra cotta reinterpreted in a modern fashion.  A sculpted interior courtyard provides an architectural surprise on the interior of the building while creating a light-filled atrium. At the base of the courtyard, a glass pyramid allows light to flow to the concourse amenity level.

The homes embrace the loft-style living for which Tribeca is known with open living spaces and elements such as oversized casement windows and rustic wide-plank flooring. Kitchens are done in cerused oak with Miele and Sub-Zero appliances while master baths are clad in hand-selected Walter Zanger marble. 

Both penthouses, A and B, feature thoughtful private outdoor space, however, penthouse B has very impressive terraces. The 4 bed, 5 bath home is comprised of 5,985 interior square feet with 1,947 square feet of exterior space. The exterior space consists of both a private terrace as well as an incredible private roof deck.

56 Leonard Street- PH 53

$35,000,000

Exclusive Compass Listing of Leonard Steingberg & Toni Haber. Via

56 Leonard Street has become one of the most recognizable buildings in the New York City skyline, designed by world-renowned architects Herzog & De Meuron. 56 Leonard is recognized for its unique construction that features cantilevered residences, making the building appear like at "Jenga Tower." Because of the design, many residences feature private terraces.

Perched at the top of the building is an extraordinary home currently on the market, PH 53. Penthouse 53 is a 4 bed, 4.5 bath home over 6.400 interior square feet with 1,708 exterior square feet. The home features a wood-burning fireplace, workout room, 3 walk-in closets, and multiple terraces. However, the most important terrace is over 1,000 square feet in size and offers incredible views of the Manhattan skyline and well beyond. 

56 Leonard has over 17,000 square feet of amenities with a gym, pool, media room, and private dining and catering spaces. 

151 East 58th Street- 34B

$42,000/MO

A Victoria Shtainer Team Exclusive Listing

It is possible to find private outdoor space in a rental- the coveted amenity is not just for owners. 151 E 58th Street, 34B is a 4 bed, 3.5 bath home at the luxurious One Beacon Court condominium in Midtown. The home is comprised of 3,009 interior square feet with a large 1,200 square foot terrace that offers Northern, Eastern, and Southern exposures. 

One Beacon Court is known for its spectacular views, and this apartment comes with them both inside and outside. The terrace offers views of Central Park, the 59th Street Bridge, and the Manhattan skyline. 

Amenities at One Beacon Court include a private courtyard, fitness center, concierge, lounge, and business center.

The Woolworth Tower Residences- 31A

$26,400,000

Exclusive Sales & Marketing from Sotheby's International Realty. Via

Situated at the gateway to Tribeca by City Hall Park, the Woolworth Tower has been an icon of the downtown skyline since its completion in 1913. The building was originally commissioned by retail titan FrankWoolworth, and has had a storied history. 

French architect, Thierry Despont,  is masterfully transforming the top 30 floors into a boutique collection of 33 luxury residences ranging from 1- 4 bedrooms and an impressive 7 story penthouse at the pinnacle.  In his transformation, Despont is paying great attention to detail and paying homage to the building's landmark status and heritage as well as its Beaux-Arts design. 

The homes feature gracious layouts with high ceilings, oversized windows, as well as eat-in kitchens, and luxurious master baths sheathed in Calcutta Prima marble. The residences enjoy expansive views and the beautiful terra cotta ornamentation that surround the windows.

Residence 31A is a 4 bed, 4.5 bath home with 5,991 interior square feet and 632 exterior square feet. Because of the ornate design of the top of the building, residence 31A has unique terraces that are built into the building.

200 East 59th Street- 15A

$4,740,000

Listings of Macklowe Properties. Via

200 East 59th Street will be rising on the corner of 59th Street and 3rd Avenue, bringing a new luxury condo tower to the area. The project is by Macklowe Properties of 432 Park Avenue fame. 

Based on the current proposal and renderings, the building is slated to have a unique metal basketweave base that will certainly be attention grabbing from the street. The residences at 200 E 59th Street are characterized by units that have deep, continuous wrap around terraces. The architectural design of the building moves all the columns from the interior to the exterior, freeing up space inside the apartments. 

Residence 15A is a 2 bed, 2.5 bath home with 1,416 interior square feet and 548 exterior square feet. 

Amenities are slated to include a fitness center, private dining room and lounge, and a common landscaped and furnished terrace.

30 Park Place- PH 77B

$18,875,000

Exclusive Sales & Marketing by Corcoran Sunshine. Pictured: Loggia of PH 78B courtesy of Joe Woolhead

The private residences of the newly opened Four Seasons Hotel New York Downtown, 30 Park Place, have the bragging rights of claiming the highest outdoor spaces in the city. You may remember the unveiling of the model penthouse, 78B, which had a large southern-facing loggia.

While 78B is not available, there are a collection of notable residences available that include various outdoor spaces high in the sky. One such residence is penthouse 77B. Penthouse 77B is comprised of 3 beds and 4.5 baths over 3,173 interior square feet. The unit contains 2 separate terraces totaling 186 square feet of exterior space high in the sky. The views from atop 30 Park Place are simply stunning, no matter what the exposure. Residents can enjoy views of the skyline, Harbor, and well across the rivers into New Jersey and Brooklyn. 

30 Park place is designed by Robert A.M. Stern and comes with a collection of amenities that only hotel-style living can offer such as a pool, spa, fitness center, and in-home dining from Wolfgang Puck's CUT restaurant. 

70 Vestry Street- 9S

$22,500,000

Exclusive Sales & Marketing by Corcoran Sunshine. Via

70 Vestry has already made its mark on Tribeca, and it is not even complete! The project by Robert A.M. Stern is the last waterfront parcel of land to be developed in Tribeca, and the residences designed by Daniel Romuladez are simply stunning. 

The luxurious property has already garnered celebrity attention and residents! Select homes have private outdoor space with river views that cannot be beat...imagine spring sunsets on the Hudson!

Residence 9S, a 4 bed, 4.5 bath home is currently on the market in the building. The home is comprised of 4,355 interior square feet with 522 exterior square feet. 9S has 2 separate river-facing terraces. This residence features a windowed, eat-in kitchen, gracious entry foyer, and a great room with a wood-burning fireplace. 

70 Vestry will offer residents an expansive amenity package which includes a private porte-cochere and a health & wellness center expanding over 8,000 square feet that will have an 82' pool and squash court.