Sunday, May 31, 2015

Step back 25 years into a grittier Meatpacking District

Old images of the Meatpacking District

Old images of the Meatpacking District

It’s almost hard to conceive how much New York City has changed over the past 25 years. Derelict industrial zones and abandoned buildings have been transformed into a hub of industry; what was once a wasteland now is a clean, safe, and very expensive city. Photographer Grégoire Alessandrini remembers the old days, though, before all that gentrification. He recently began posting images he shot of Manhattan during the early and mid-nineties on his blog, and they create a fantastic window into another time. (more…)

Village green

A rendering of the new park at Seventh Avenue between Greenwich Avenue and West 12th Street.

A rendering of the new park at Seventh Avenue between Greenwich Avenue and West 12th Street.

From Luxury Listings NYC: Skyscrapers’ shadows aren’t all you’ll see as Greenwich Village’s landscape gets reshaped by new buildings. This summer, a new green space will open on Seventh Avenue between Greenwich Avenue and West 12th Street. As part of Rudin Management’s deal to convert the former St. Vincent’s Hospital complex into the Greenwich Lane luxury housing project, the developer agreed to develop a triangular-shaped lot alongside the site into a public park. [more]

Saturday, May 30, 2015

Here’s how the boroughs stack up in terms of cupcake shops: MAP

A placeilive.com cupcake map

A placeilive.com cupcake map

A mapping site is offering up a convenient new way of tracking and comparing nearly every social identifier imaginable across the five boroughs – including marital status, preferred home-heating method and even access to cupcakes. (more…)

Rush R40 Live tour Bristow open thread

Date/Time: Saturday, May 30th @ 7:30PM
Show Number: 12
Venue: Jiffy Lube Live
Place: Bristow, VA (outside Washington D.C.)
Twitter: #R40DC | #R40Live
Instagram: #R40DC
YouTube: Bristow Rush R40 Live Tour
Setlist: Version C ???

...

Monaco’s housing prices just keep on growing

Monaco

Monaco

Monaco’s real estate market is booming, with the principality having seen record sales last year. And it looks like even more record sales are on their way. (more…)

Friday, May 29, 2015

Summit 2015: Creative Solutions to Classroom Challenges

Across the country, we’re excited to see many schools, districts and charter organizations exploring ways of innovating in classrooms.  We’ve learned that innovation is a journey that individuals and teams take (sometimes together, sometimes separately), and the ease of that journey depends on many things (teammates, school readiness, political context, landscape, other things swirling around, chemistry, time, and so much more). 

At the NewSchools Summit this year, we wanted to showcase how different teams of teachers embark on this journey with the support of design firms.  We believe there’s something powerful about educators working together to solve complex problems, and we also think that sometimes teams benefit from using an outside voice to help them examine their work using design thinking in order to rethink education in new ways.

We identified design firms and asked them to identify schools they’re currently working with, and asked them walk us through their process.  How did they make sense of the problem?  What kinds of exercises did they take the team through to examine their needs and context?  How did they push the team’s thinking?  What makes the best balance of teammates for this kind of work?  How can you tell if someone’s ready to innovate? What is challenging about this kind of work?

Misty Garvin of Luella Middle School in Henry County, Georgia, and Jeff Tsang of Mastery Design Collaborative took the stage first to detail how they worked together to create a completely different learning model for Luella Middle’s students.

Misty explained how Jeff and his team helped the school have very intentional discussions about what they wanted, make informed decisions on data through teacher, student and parent surveys, prototype and pilot ideas, and celebrate short term wins.LA-Misty

In the end, they had a model where teachers felt ownership and excitement about implementing with their students.  Luella Middle School is implementing a model that features small group direct instruction, online learning and project-based learning.  Misty explained that she believed that because of their work with Mastery Design Collaborative, the staff was able to land on a model that better met the needs of Luella students, and which had complete staff buy-in because of the process.

Sarah Ritsema, principal of IDEA High School (Innovation Design Entrepreneurship Academy), opening fall 2015 in the Dallas ISD with 100 9th graders took the stage with Todd Kern of 2Revolutions to talk about their work together designing Sarah’s new school. 

2Revolutions worked with Sarah to design a school that incorporates the “best” elements of other successful models: project-based learning, learning through internship, dual-credit/AP courses, and other ideas that Sarah valued as a school leader by helping her refine her priorities, operationalize her vision, and engage external stakeholders.  Sarah explained that working with 2Rev fostered a mindset shift that moved away from having all the answers to challenging assumptions (sometimes ones she didn’t even realize she had made).  2Rev helped her and her team taking risks in a safe way, and helped strengthen their planning.  LA-Sarah 

Sarah’s model has three priorities. First, a competency-based education that gives each student a personalized learning path. Second, students are engaged in applied learning experiences, including a mentorship and challenging internship program, where community partners further personalize instruction by helping students tailor how they apply their learning to the real-world. Third, students need to be taught skills such as innovative thinking, collaboration and articulate communication.  The fall, when Sarah’s school opens, she will operationalize this design and we look forward to seeing the results of this work.

Finally, Jim O’Shaughnessy, a science teacher at Chicago Academy High School, and David O’Donnell of gravitytank, took audience members on their journey together using design thinking to tackle the problems of student ownership and confidence in their own learning.

Jim experienced a series of design workshops that helped Jim consider not only how design thinking could push his own thinking, but also that of his students. Jim explained, “In my experience in developing an instructional model it has been a great help to have a partner in the people at gravitytank to help me adapt the design process they use to work in my classroom. Since I know the issues that have in my classroom, I can take the design process and fit it to my classroom needs.  At the same time Jenny and Ben at gravitytank had much more experience in actually using the design process, albeit for other purposes. It was great being able to call them, and at times, have them come to my school and work directly with me to develop these protocols for use in my classroom.”

 LA-Jim

Jim used design thinking to reimagine student ownership and confidence in his science class by having students go through the design process with science content.

Overall, audience members were given a window into the inner workings between designers and teachers, and learned that while the work can at times be messy, it’s also important and meaningful when teachers are engaged throughout the planning process as agents of their own change.

Many thanks to Alfred Binford and Pearson Education, who sponsored the session.

Check out the trash basket that inspired 432 Park

Rendering of 432 Park Avenue (credit: Rafael Vinoly Architects) and a Josef Hoffmann-designed trash basket

Rendering of 432 Park Avenue (credit: Rafael Vinoly Architects) and a Josef Hoffmann-designed trash basket

Pure, revolutionary, genuinely distinguished — these are all terms that architecture critics have used to describe Rafael Vinoly’s masterwork, the Western Hemisphere’s tallest residential tower, 432 Park Avenue. But would they say the same of the trash basket it was modeled on? (more…)

Daughter of ex-Bear Stearns CEO lists UES mansion for $39M

A sprawling seven-floor Upper East Side mansion owned by the daughter of a former Bear Stearns CEO is back on the market for $38.5 million three years after failing to find a buyer. (more…)

Thursday, May 28, 2015

JRC Management pays $28M for 94-unit Sunnyside rental

43-31 45th Street in Sunnyside

43-31 45th Street in Sunnyside

Richard Podpirka’s JRC Management picked up a 94-unit rental building in Sunnyside, Queens from BRG Management for $27.5 million. (more…)

Coming soon: The Real Deal NJ market report

NJMR_Eblast_KB
The Real Deal 
is taking its first step into the New Jersey real estate market with the launch of a special supplement, which will be included in the July 2015 issue of the magazine.

The 40-plus page print supplement will take an in-depth look at the Northern Jersey residential and commercial real estate markets, with a specific focus on Hudson, Bergen, Union and Monmouth counties.

Topics include a ranking of the area’s biggest residential firms, a look at what’s next for development on the Gold Coast, office and retail coverage and profiles of key industry players.

Subscribe to the magazine to receive your copy in the June issue, and keep your eyes peeled for the digital version, which will be live on TheRealDeal.com early next week. — TRD

Wednesday, May 27, 2015

US may seize these properties owned by arrested FIFA officials

Jeffrey Webb, 2116 Adel Drive, GA, 808 Brickell Key Drive, FL and Jack Warner

From left: Jeffrey Webb, 2116 Adel Drive, GA, 808 Brickell Key Drive, FL and Jack Warner

Talk about a well-deserved penalty.

U.S. prosecutors indicted fourteen high-ranking FIFA officials and executives in Zurich Wednesday, and slapped them with a long list of charges including conspiracy, racketeering, and corruption.

According to an indictment unsealed Wednesday, four of the men own thirteen properties across Florida and Georgia which were allegedly used in connection with the crimes. If convicted, the U.S. government will seek forfeiture of the properties. (more…)

SL Green’s One Vanderbilt gets Council approval

Rendering of One Vanderbilt in East Midtown (credit: KPF)

Rendering of One Vanderbilt in East Midtown (credit: KPF)

The City Council approved plans for SL Green Realty’s One Vanderbilt, the 63-story, 1.6 million-square-foot office tower set to rise next to Grand Central Station.

This was the final approval needed for the developer to officially move forward. City Planning approved the proposal in late March, and the City Council’s zoning subcommittee gave the thumbs up earlier this month, so the City Council’s approval was expected. (more…)

Moinian raises $361M on Israeli bond market

Joseph Moinian’s the Moinian Group has closed a $361 million bond (1.4 billion shekels) issuance on the Tel Aviv Stock Exchange, the largest debt offering on the exchange to date by a U.S. real estate player. (more…)

The week in real estate market reports 

credit: Cushman & Wakefield and CoStar Group

(credit: Cushman & Wakefield and CoStar Group)

The latest batch of reports from around the industry found that New York led the way in retail investment sales in 2014 and the average asking rent along East 57th Street is up 60 percent from fall of last year. (more…)

Government briefs: Classic NYC fire escapes are disappearing, Economic Development Corp. to take over vacant Brooklyn Marine Terminal … and more

Traditional fire escapes in New York City

Classic New York City fire escapes

From the May issue: The city Economic Development Corp. will take over the vacant Brooklyn Marine Terminal along the waterfront in Sunset Park, the classic New York City outdoor fire escape is disappearing, thanks to efforts to restore buildings and rethinking about the best way to save people from a burning building and more in this month’s government briefs. [more]

Crowdfunder Prodigy to buy Ring portfolio buildings for $100M

RodrigoNinoNathanBerman

From left: Rodrigo Nino, 114 East 25th Street, 331 Park Avenue South and Nathan Berman

Real estate crowdfunding firm Prodigy Network is in contract to buy two former Ring portfolio buildings for $100 million, The Real Deal has learned. The deal comes less than six months after the Midtown South properties changed hands for a combined $76 million. (more…)

Tuesday, May 26, 2015

The Wrap: Watch Roosevelt Island hospital get dismantled in 60 seconds, inside the homes of top creative execs … and more

Goldwater Memorial Hospital on Roosevelt Island

Goldwater Memorial Hospital on Roosevelt Island

1. Roosevelt Island hospital gets dismantled in 60 seconds: VIDEO [Curbed]
2. Inside the homes of top creative executives [Fast Company]
3. Is this Hamptons Christmas tree farm a revenge plot? [NYP]
4. Park Slope’s illegal Nutella cafe shuts down [Gothamist]
5. Top 25 summer getaways for New Yorkers [Business Insider]
6. An update on Greenpoint Landing construction [NY YIMBY]

Tess Hofmann

Rybolovlev’s $88M penthouse at 15 CPW staying off the market

Rybolovlev 15 Central Park West

Dmitry Rybolovlev and 15 Central Park West

Russian oligarch Dmitry Rybolovlev’s $88 million penthouse at 15 Central Park West is staying off the market after the billionaire reached an agreement in divorce proceedings with his ex-wife Elena.

Elena Rybolovleva had sued her ex-husband in Manhattan Supreme Court over the 10-bedroom at 15 Central Park West, but the two sides agreed Tuesday to stay the action as the oligarch appeals a Swiss court’s ruling that he pay a $4.5 billion divorce settlement. (more…)