Bioswales Face Backlash From City Residents

While you may have never heard of the term “bioswale,” you have probably seen these curbside gardens throughout the city. A bioswale, or rain garden, is a pit dug into the sidewalk that’s been filled with rocky soil and shrubbery. These gardens absorb polluted stormwater and prevent runoff that could seep into waterways through the sewer system. Despite being an effective solution to water pollution, the New York Times reports that some city residents are crying out against find bioswales, calling them unattractive, messy, and hotbeds for trash and pests.

As storms become more frequent because of climate change, and especially in the aftermath of Superstorm Sandy, the New York City Department of Environmental Protection has recognized the need for even more bioswales. The city’s sewer system is combined, meaning when a storm comes, rainfall mixes with raw sewage water flowing from homes and buildings. If it rains a lot, the waste overflows untreated into local waterways, like the Bronx River, Flushing Bay, Gowanus Canal, Jamaica Bay and Newtown Creek. Each bioswale costs about $26,000 to build, and as part of the city’s $1.5 billion investment in green infrastructure, over 3,000 bioswales have been created in parts of Brooklyn, Queens, and the Bronx. The city is considering placing some in Manhattan.

Critics of the bioswales say not only are they an eyesore in the neighborhood, but they create mud pits perfect for mosquito breeding (the city, however, says the pits drain within 48 hours). Even city official Tony Avella, a Democratic state senator, has voiced his opposition to bioswales. Avella, who represents Queens, has held a couple of anti-bioswale rallies, criticizing the city’s lack of communication with community groups. Last summer, he filed a petition to opt-out of bioswales, and in January of this year, Avella said he wanted to fully opt-out of the program, foregoing soil testing completely.

“I understand the logic,” Avella said. “But that doesn’t mean that anytime you think you have a good idea, you have the right to roll over everybody and do it. This is a democracy, not a dictatorship.”

The city plans to continue constructing bioswales, but resistance from locals has led to some changes. Now, residents can choose between swales that either look like lawn grass or ones hidden under concrete. Plus, the city is in the process of hiring more than two dozen workers to maintain the bioswales and dispose of any garbage.

Eric A. Goldstein, the New York City Environment Director for the Natural Defense Council told the Times: “New Yorkers often object to changes in their neighborhoods. But rebelling against the city paying to green up local streets, is really something else.”

Ellen DeGeneres Lists California Estate For $45M

Ellen DeGeneres may be best known for her talk show and her role in “Finding Dory” and “Finding Nemo,” but the comedian really should be known for her house flipping.

After selling her Hollywood Hills home (for the second time) for $10 million in August, and listing her home near the Los Angeles Country Club for $7 million in October, she and her wife Portia de Rossi are now listing their grandest property yet; a 17-acre estate in Montecito, Santa Barbara for $45 million.

The couple bought the house in 2013 for $26.5 million, according to the Wall Street Journal, and put a lot of money into renovating it (including buying the two adjacent properties). They used stone excavated from the property to build an entertaining pavilion, which comes with a sun room, dining room and outdoor kitchen with a pizza kitchen.

Perched in the hills Santa Barbara, the main house is 10,500 square feet, and has six bedrooms, six bathrooms and two half bathrooms. There are nine fireplaces, 18-century tiles, rustic beams, many libraries, two swimming pools and a tennis court

Artist Who Created Wall Street’s ‘Charging Bull’ Angered By ‘Fearless Girl’ Statue

The creator of the iconic Wall Street “Charging Bull” is snorting mad over the appearance of the bull’s new companion, artist Kristen Visbal’s bronze “Fearless Girl” statue. 76-year-old Arturo di Modica, the artist who made the iconic sculpture that, like its young challenger, was installed in the wee hours, says the girl is “an advertising trick,” reports MarketWatch.

Di Modica sculpted the 7,100-pound bronze bull and installed it without permission as a gift to the city in 1989, intending for it to symbolize virilty after the 1987 stock-market crash had robbed the Street of some of its thunder. The defiant young girl in high tops was installed by international asset management company State Street Global Advisors (SSGA) just ahead of International Women’s Day on March 7 to bring attention to the need for more women on corporate boards–and for more female business leaders in general, as 6sqft previously reported.

The septuagenarian Sicilian immigrant said “Women, girls, that’s great, but that’s not what that (my sculpture) is. I put it there for art. My bull is a symbol for America. My bull is a symbol of prosperity and for strength.” Though Di Modica has profited from the licensing (he owns the copyright) of New York’s second most-popular sculptural attraction after the Statue of Liberty, he feels it’s not fair to compare his artistic contribution to the finance company’s “corporate marketing effort.” Di Modica’s main point is that the 50-inch girl changes the context of the bull, recasting it as an oppressor.

The new statue’s temporary permit expires on April 2, but there is a movement afoot to make it permanent; online petitions and local elected officials are at work on a campaign to keep the “Fearless Girl,” which now has its own Twitter page and hashtag, in place.

Swale Floating Park Returns This Spring

With spring officially here, it’s the perfect time to visit your favorite park. While there are plenty to choose from, there’s only one that floats on water. As reported by Time OutSwale, the collaborative “floating food forest,” which let visitors pick free produce last summer, is back with an updated design: a floating apple orchard and perennial garden. In a collaboration with Strongbow, the newly designed barge will set sail throughout Manhattan waters, hitting Hudson River Park, Brooklyn Bridge Park, and Concrete Plant Park.

Last summer’s Swale was built on a 130- by 40-foot floating platform and contained an edible garden. Its goal was to function as both a sculpture and a way of providing free healthy food to NYC residents. The artist behind Swale, Mary Mattingly, works in sculpture and photography that focuses on environmental, economic, and political change. In 2014, Mary created a partially-submerged houseboat on the Delaware river called WetLand that served as artists’ residences.

The new floating apple orchard and perennial garden begins its tour at Hudson River Park, Pier 25 from April 20 through June 15. Next, it will hit Brooklyn Bridge Park, Pier 6 from June 15 through August 1, and finally, it will conclude at Concrete Plant Park in the Bronx from August 1 through November 15.

30 Contracts Signed At $4M And Up

The city’s luxury residential market in 2017 still looks to be in pretty decent shape, with 30 contracts signed in the over-$4 million market last week.

The total sales volume for the week was $201.4 million, according to the weekly report from Olshan Realty.

Out of the 37 contracts signed, 23 were for condominiums (with an average asking price of $6.6 million). Six contracts were on co-ops ($7 million) and one contract was signed for a townhouse asking $9.5 million. The average discount from original ask to last asking price was 7 percent.

Last week, the top contract was on unit 11 at Anbau Enterprises’ 207 West 79th Street. The five-bedroom apartment was last asking $12.5 million. It spans 4,205 square feet and features a south-facing “great room” with seven casement-style windows that offer “classic Upper West Side Views.” Anbau’s development was approved by the New York State Attorney General’s Office in November, and the developer is shooting for a $142.8 million sellout.

The no. 2 contract was on a co-op at 19A at Emory Roth-designed 875 Fifth Avenue, asking $11 million — down from the original price of $13.2 million when it was first listed in July 2014. The unit is a combination of two apartments, and features two bedrooms, four bathrooms and a 44-foot terrace, the listing shows.

According to Olshan, the median asking price was $5.9 million and average days on market was 306. In the third week of March last year, 24 contracts were signed with a median asking price of $5.7 million.

Recent figures from city brokerages show a boost in the city’s luxury market. A report from Stribling & Associates last week found the number of contracts signed on properties priced over $5 million so far in 2017 jumped 29 percent year-over-year.  [Olshan] — Miriam Hall

100 West 12th Street, Unit 4J


100 West 12th Street, Unit 4J

WEST VILLAGE, MANHATTAN

1.5 Bed  |  1 Bath  |  Co-op

Offered At $1,039,000

Maintenance:  $1,892 / mo.  |   Part-Time Doorman 


 

Welcome home to a renovated, oversized one-bedroom in the perfect Greenwich Village location! Situated on quiet and quaint West 12th street, the apartment features large living spaces, great storage and modern updates.

No detail has been spared in this home's careful renovation. The large windowed kitchen is the perfect combination of country style and downtown chic with great cabinetry, Caesarstone countertops and a striking glass-tiled backsplash surrounding full-size stainless steel appliances. The large living room and dining area offer plenty of room for entertaining and relaxing, with a portion of the living room currently configured with French doors to accommodate a nursery. The original layout can easily be restored at the owner’s expense.

The extra-large bedroom features big windows facing north and west, a wall of closets and plenty of room for a king bed and furniture, while the sleek renovated bathroom includes spa-like tile and fixtures and a sunny window. Storage and organization will never be an issue in this well-planned abode with a total of five closets designed by California Closets completing the floor plan.

The Mark Twain is a well-run, intimate co-op offering a part-time doorman, full-time maintenance staff, laundry room, bike and residents' storage, plus brand-new hallways and lobby. The pet-friendly building allows co-purchasing and subletting but pied-à-terres are not permitted. Ideally situated at the crossroads of Greenwich Village, West Village, Chelsea and Union Square, the location simply cannot be beat. Some of the best restaurants, shopping and gourmet food stores are just a short stroll away and access to transportation is unbelievable with B/D/F/M, L, 1/2/3, A/C/E, 4/5/6, N/Q/R/W and PATH trains all nearby.

Massive Target store coming to Midtown

Big-box retailer Target is continuing its increasing expansion throughout the five boroughs with another smaller-format store, this time in a huge location: According to the New York Postthe chain is planning a 43,000-square-foot outpost on 34th Street, right across from the Macy’s flagship store.

In just the past few months alone, Target has announced plans for three new stores in the city—in MidwoodHell’s Kitchen, and the East Village—along with opening its “flexible-format” (i.e. smaller and aimed at city dwellers) store in Brooklyn’s City Point megaproject. The Midtown store will be smaller than that Brooklyn location, and will share space with a Foot Locker and a Sephora.

Given the location—in one of the city’s most tourist-filled areas, and close to Penn Station—it’s unsurprising that Target wants to target out-of-towners with this particular outpost. (One way they’ll do that: grab-and-go food options will be located near an entrance on 33rd Street, closer to where people would enter Penn Station.) The bi-level store will sell the usual things you’d expect from Target—clothes, inexpensive housewares, beauty products, etc.—and will also have a CVS pharmacy.

It’s not like there isn’t competition for Target in this particular area: there’s a Kmart just a block away (and right next to one of Penn’s many entrances), along with retailers like Jack’s, a discount store on 33rd Street. But it doesn’t seem like the company is worried: “It speaks to the strength of the location because today in New York City, if the retailers can’t make money, they won’t take the location,” Anthony Malkin, the CEO of Empire Realty Trust (which brokered the deal), told the Post.

Assuming all goes according to plan, the store will open in October of this year.

ICYMI MetroCard Fare Hike Started Sunday

In case you missed it because you've been blissfully ignoring it, the latest MTA fare hike goes into effect this Sunday, with increases coming to weekly and monthly MetroCards. For now, the price of a single ride ticket will remain at $2.75.

Under the new plan, which was approved by the agency in January, a 7-day pass will cost $32, up from $31, while the 7-day express bus and unlimited subway pass will increase to $59.50 from $57.50. Additionally, the unlimited monthly pass will increase from $116.50 to $121—up nearly 4 percent.

Following the vote, MTA Chairman Tom Prendergast noted that the decision to keep single-rides unchanged "benefits riders who pay cash on the bus or load less than a round trip on a MetroCard, and are more likely to be low-income riders." Other board members argued that the freeze on the base fare only seemed desirable, and that the plan to increase the cost of a single ride to $3.00 would actually benefit riders through a higher bonus.

In any case, the cost of taking the train will increase on Sunday, a biannual tradition like congressional elections or torrential flooding. Meanwhile, subway conditions are deteriorating, and Governor Cuomo's proposed executive budget includes a $65 million cut in state contributions to the MTA (despite his promise five years ago that he wouldn't do this, in exchange for cutting one of the MTA's primary revenue streams).

Is it sustainable to continue taking away funding streams from the cash-strapped MTA while sticking riders with the bill? Probably not, according to at least one MTA board member.

"If you take [these] fare hikes to their eventual conclusions, at some point there will be a $10 fare and $50 tolls," said board member Andrew Albert, a Transit Riders Council appointee, back in January.

Until then, here's a nifty little calculator that'll help you get an even number of rides on your MetroCard under the new rates. 

11 Cool Online Stores For Home Decor

In the age of Amazon, shopping for great design online has never been easier. Here, we've rounded up a handful of our favorite sites offering something special when it comes to home decor and design. From handcrafted artisanal chairs to sleek ceramic objects 3D printed on-demand, the eclectic wares in these online stores are worth a look (or at least an open tab).


Unison

Specializing in bright and bold textiles, Unison teams up with independent designers and artists for unique prints. Their excellent selection of bedding even extends to playful, modern designs for kids.


Ollie Box

This micro-apartment spin-off takes the guesswork out of mixing and matching housewares. The company's curated sets of tableware and home goods are the main draw, but the site also offers single items and chic removable wallpaper.


Bulletin

An online and brick-and-mortar marketplace for independent designers, Bulletin sells everything from high-design quilts to art prints, furniture, and soap. The curated selection and simple site design make perusing the store a pleasure.


The Citizenry

Traveling all over the world, The Citizenry partners with local makers to create items of high-quality modern design -- including furniture, textiles, lamps, and decor -- that are far from generic. Everything in the store is a handcrafted limited edition.


Kwambio

Kwambio offers high-end decor and jewelry items created by emerging designers and 3D-printed on-demand. But if you're thinking cheap plastic trinkets, you're wrong. The chic and playful objects sold on the site are made of ceramic or a variety of metals.


Coming Soon

This New York-based design store has an online component almost as compelling as visiting their brick-and-mortar location. The store mixes vintage finds with new designs, but all their items have a colorful quirkiness with an undeniable pull.


Collyer's Mansion

Based in Brooklyn, Collyer's Mansion offers a collection of eco-friendly and sustainably made wares with a global flair. Selling everything from furniture to art and accessories, the eclectic online store is worth checking out.


A+R

A+R

Chock full of playful modern furniture from designers all over the globe, A+R is a great place to branch out from your typical design classics. The store prides itself on showcasing new work from top designers with a strong aesthetic.


Momosan Shop

This curated collection of finely crafted housewares is hand selected by Momosan founder Momoko Mizutani. Each object’s simplicity and quality workmanship evokes a traditional Japanese aesthetic with modern flair.


Maison Numen

Every object in Maison Numen’s collection was chosen for the story it tells, from the production process or object's cultural origin to the tale of its creator. The inaugural collection features sustainable, fair-trade, and handmade housewares from Venezuela, Mexico, Guatemala, Peru, and Colombia.


Beklina

This color-loving, California-based shop has everything from housewares to jewelry and clothes. The selection of Moroccan rugs and eclectic decor is particularly look-worthy.

108 East 66th Street, Unit 3B


108 East 66th Street, Unit 3B

Upper East Side, MANHATTAN

1 Bed  |  1 Bath  |  Co-op

Offered At $859,000

Maintenance: $1,251/ mo.


 

This rarely available, endlessly charming pre-war one-bedroom, just two blocks from Central Park and tucked a short 300 feet in from Iconic Park Avenue is the perfect city home in the heart of Lenox Hill. 
This quiet and serene newly renovated apartment is the ideal escape after a busy day in the city. Enter through the gracious foyer to be greeted by an open kitchen, dining area and wide open living room. Everything in this apartment has been carefully and beautifully renovated from top to bottom with new doors, and crafted crown molding. The kitchen is well-stocked with a stainless steel Liebherr refrigerator, a Bertazzoni gas stove with Miele vented hood, and GE Profile dishwasher. The bedroom has sunny windows facing south, wall to wall custom built in closets and a newly renovated en suite bathroom. As an added bonus, washer dryers are permitted in the apartment with board approval. From the moment you walk into the pristine lobby, you will want to call this lovely building your home or Pied-à-terre.

Built in 1926, 108 East 66th Street is a handsome brick building located within the Upper East Side Historic District. The self-managed co-op features just two apartments per floor and offers laundry, virtual doorman and a part-time superintendent. Set in prime Lenox Hill, you're surrounded by one of the best neighborhood's in the world. The historic Seventh Regiment Armory offers a full calendar of events and exhibits directly across the street, while the renowned boutiques of Madison Avenue and beautiful Park Avenue vistas are within blocks. Central Park is minutes away, putting the Central Park Zoo and Wollman Rink just beyond your doorstep The nearby 6 train and cross town bus offers excellent access to the rest of the city. ** Furniture also being sold if interested**

255 Years Ago, The First Recorded St. Patrick’s Day Parade Was Held In NYC

Sure, New York has plenty of interesting history, but who would have thought the first recorded St. Patrick’s Day parade was held not in Ireland, but in our fair city? It was on March 17, 1762, 255 years ago and 14 years before the signing of the Declaration of Independence, that Irish soldiers serving in the British army marched to honor the Catholic feast day of St. Patrick, their country’s patron saint. With Irish immigrants flocking to the United States, and in large numbers to New York, in the mid-19th century, the parade became an annual tradition and spread elsewhere in the country.

The parade in 1904 at Fifth Avenue and 59th Street via NYPL

Though the parade itself and sources like the History Channel cite 1762 as the first parade, other outlets note the following year. Bowery Boogie, for example, writes:

Many books and archived newspaper articles cite March 17, 1763 as the first St. Patrick’s Day celebration–claiming it was held not as a parade, but as a breakfast meeting at the Crown and Thistle Inn on Whitehall Street. Then in 1779, the annual breakfast turned into a staged parade where “400 Irish volunteers marched behind a British band from Lower Broadway to a tavern on the Bowery.”

I guess we can’t be 100% certain on the parade’s founding date, but we are sure that it’s the largest Saint Patrick’s Day parade and the oldest civilian parade in the world.

February 2017: Most Popular Sales Listings On Streeteasy

Most Popular Sales Listings: February 2017

You’ve got good taste! Every month, we highlight the five most popular listings as selected by you, our StreetEasy users. This month includes a one-bedroom in the East Village, a historic duplex in Fort Greene and a 2-bedroom triplex in the Meatpacking District for $1,500,000.

The best part? Some are still on the market – take a look!


331 West 14th Street, PHA

SPACE: 1 bedroom, 1.5 bathrooms
PRICE: $875,000
NEIGHBORHOOD: Chelsea
HIGHLIGHTS: Co-op with 18-ft ceilings, central air, a laundry room & en suite bathroom. Check, check and check.


155 West 15th Street, #1E

SPACE: 2 bedrooms, 2 bathrooms
PRICE: $1,500,000
NEIGHBORHOOD: Chelsea
HIGHLIGHTS: The real star of this home is the private patio that opens right off the living room. The walk-in closet, renovated kitchen, and “spa-like” bathroom don’t hurt either.


147 Lafayette Ave, #B

SPACE: 3 bedrooms, 2 bathrooms, 1,324 sq ft
PRICE: $1,295,000
NEIGHBORHOOD: Fort Greene
HIGHLIGHTS: A magnolia tulip tree grows in Brooklyn! This landmarked duplex townhouse features a “manicured English” garden and row of skylights that always let the sunlight in.


633 East 11th Street, #19

SPACE: 1 bedroom, 1 bathroom
PRICE: $489,000
NEIGHBORHOOD: East Village
HIGHLIGHTS: While a real one-bedroom for under $500,000 may be alluring enough, this home also includes a resident garden, eat-in kitchen and washer/dryer combo.


303 East 57 Street, #14K

SPACE: 1 bedroom, 1 bathroom, 750 sq ft
PRICE: $450,000
NEIGHBORHOOD: Sutton Place
HIGHLIGHTS: This apartment’s building features a doorman, concierge, and elevator operator. It also has a gym, spa and saltwater pool. And if you have a car for some reason, there is a 24-hour garage.

17 Ridiculous 'SMART' Gadgets That Really Do Exist

Every day, there's a new connected home gadget claiming to make life easier.

Some of these gadgets are easy sources of skepticism, but others can be worth buying. The Amazon Echo has genuine, if simple, uses. Roombas, smart lights, and WeMo switches have their virtues as well.

With some other products, it’s harder to see the mass appeal.

The past few years have brought a wave of self-proclaimed smart devices that take the “things” part of “Internet of Things” very seriously. Sometimes, these go past the point of utility and into the land of cynicism. They're often overpriced. And few companies ever seem to care about keeping them secure. (Sometimes, to disastrous effect.)

To illustrate just how far the tech world is willing to go to make anything and everything connected, let’s look at a few of the more out-there smart gadgets we've seen recently: 


Quirky Egg Minder

The Quirky Egg Minder solves a question as old as time itself: “Why can’t I connect my egg tray to the internet?”

Made in partnership with GE, this thing syncs with your smartphone and sends you push notifications when you’re on the verge of being eggless. LED lights on the tray itself tell you which of its 14 eggs nearing their expiration date.

It’s only $13 on Amazon at the moment, which isn’t so bad compared to some of the other gadgets here, though its user reviews have been pretty brutal thus far.


Hidrate Spark

The Hidrate Spark is one of a few “smart water bottles” that’ve popped up in recent years, most of which do the same thing: pair with a companion app over Bluetooth, then walk you through staying properly hydrated.

To be fair, the 24-ounce Spark does look nice, and the fact that it glows when you hit your thirst-quenching goals is cute. But paying $55 to be reminded to drink water might be a bit much, especially when you can already log this stuff with one of several free fitness apps.


Brita Infinity WiFi Connected Pitcher

Tech companies are all in on this water thing, apparently. The $45 Brita Infinity bills itself as “the future of hydration” — it works like any other Brita you’ve seen, only it can sense when its current purification filter has outlived its usefulness.

When it does, it’ll automatically order a new $6 filter from Amazon. (Brita teamed with Amazon’s Dash Replenishment Service for this one, if that wasn’t clear.)

As a neglectful Brita owner, I could see this being somewhat useful. It’s certainly good business for Amazon, too. Still, it’s hard not to find the idea of automated commerce being particularly, let’s say, thirsty.


Hatch Baby Smart Changing Pad

Yep, there’s smart baby stuff too. Putting an infant on the Hatch Baby Smart Changing Pad lets you keep tabs on their weight, diaper changes, food intake, and so on, all of which goes back to a companion app. If needed, you can share that data with a pediatrician.

This isn’t unhelpful, especially if your kid is dealing with allergies or other early health concerns. As CNET notes, though, the app does most of the heavy lifting here; the $250 pad isn’t much more than a comfortable scale on its own.


Onvi Prophix

Again, the Onvi Prophix isn’t the only “smart toothbrush” in existence, but it's likely the oddest. It connects to your phone, naturally, but it uses its app to show you photos and live video of the inside of your mouth. It can do that because there’s a 10-megapixel camera built into the brush itself.

If you have serious dental concerns, maybe you could get something out of the $400 necessary to jump on the bandwagon here. For most others, a bathroom mirror should do the trick.


Flosstime

In related “dental hygiene in the 21st century” news, there’s Flosstime, a smart floss dispenser that mounts to a bathroom mirror and churns out 18 inches of tooth rope when tapped. The idea is to get you in the habit of flossing regularly, which seems feasible given that you’ll have a white floss shooting machine staring you in the face whenever you go the bathroom.

If nothing else, Flosstime realizes the kid-friendly potential here, as the company sells a handful of cutesy covers to snap over the device. If you’re a floss-conscious adult with no discipline, though, the dispenser goes for $30.


Kuvée Bottle

Kuvée is like a Keurig for wine. Its WiFi-connected, touchscreen-enabled wine bottle sleeve — which raised $6 million in funding last year — works with a select number of wine “cartridges.” Slot one in, and you can scroll through various tidbits about what you’re drinking.

When you’re done, you can buy a replacement on the bottle itself, because of course you can. If you’re not turned off by paying $150 for a wine dispenser you have to periodically recharge, Kuvée does claim those cartridges will stay fresh for up to 30 days.


Juicero

The Juicero is a $399 connected “juicing system” that won’t make juice if your WiFi is down. While that slice of modernity may sound frightening, it's not the most expensive a juicer has been (the Juicero itself debuted at $700), and the whole thing does appear to be a simple, effective way of making healthy drinks.

The company recently installed a former Coca-Coca exec (with a great name) as its CEO, and says it's slowly rolling out across California, Nevada, and Arizona before expanding further later in the year. It's also setting up shop in some Whole Foods stores. So for all the Silicon Valley hype and subsequent backlash it's received, it seems to be sorting things out. 


Flatev

The Flatev brings Keurig-ization to tortillas. You stuff a Flatev-approved pod of dough into the grey toaster-like box, press a button, and watch it go. Flatev hopes to ship the device this summer. It’ll retail for more than $400, with an 8-pack of pods going for about $6. That’s a lot!

Still, there’s been interest — the company’s raised millions in funding, and it earned more than $136,000 through Kickstarter last year. Its creators say they want to make the device work with other types of flatbreads, too, for what that's worth. 


Chip Smart Cookie Oven

So it turns out people are pretty fond of that Keurig business model. The Chip is a little WiFi-connected oven that works like the Juicero and Flatev, only with cookies. You buy a set of proprietary “cookie pods,” pop them in, and let the oven do the work. There’s an app, of course, that notifies you when your batch is done and lets you order new pods as you wish.

All this comes from SideChef, which does run a relatively established cooking app. It raised more than $100,000 on both Kickstarter and Indiegogo last year, and is set to ship by October. The oven itself will cost $249 when it becomes available, with cookie pods going for $1-2 depending on your dough or $14 a month through a monthly subscription.

While it’s hard to call anything that facilitates cookie-making bad, it’s not like baking cookies is a terribly involved process as it is. If nothing else, it’s definitely more affordable. SideChef says the Chip takes about 10 minutes to bake its batches, too, which isn’t that much faster than usual, and the oven only appears to make four cookies at a time.

Still, the Chip is more or less an Easy-Bake Oven for adults, so if you're a cookie fiend with money to burn and no desire to actually make your snack of choice, maybe keep an eye out. 


June Intelligent Oven

The June is a smart countertop oven that uses internal cameras, an Nvidia Tegra chipset, and artificial intelligence to recognize different foods you place within it, then cook them automatically. It was made by former Apple engineers, and it’s actually available to purchase today. Various reviews suggest that, when it works, it works very well.

Plus, unlike some other items on this list, the June oven is actually getting at a good idea. You might not need an oven that can send messages to your phone, but plenty of people have no idea what they’re doing in the kitchen, and the idea of coming home after a long day and having your oven bake a perfect salmon with no effort has appeal. If people aren’t willing to learn the “finer things” of cooking and just use Seamless anyway, why not encourage more home-cooked meals?

The problem is that the June costs $1,500, and it still lacks the nuance to recognize anything you throw at it. For now, it’s still a bit ridiculous, and still a bit of an emblem of Silicon Valley excess. But if it gets better (and cheaper), there’s potential.


HapiFork

The HapiFork is a Bluetooth-enabled “smart fork” that vibrates when it senses you’re eating too fast. As goofy as it sounds, it aims to solve a genuine problem in some form or another. Whether or not you need to pay $65 and subject yourself to a Pavlovian experiment to solve that problem, however...


Oombrella

I’ve left umbrellas at bars and restaurants across the country, so I’m not totally opposed to a connected model like the Oombrella, which can send its last known location to your phone. That it can send weather alerts to your phone isn't the worst thing, either, although weather apps (and human eyes) exist for a reason.

Putting your $80 toward umbrella stats, though, may be a bridge too far. The device also seems to have run into manufacturing issues — not uncommon for these kind of things — so exactly when you'll be able to buy one isn't yet clear.


Belty Good Vibes

The Belty Good Vibes is the second “smart belt” from French startup Emiota, and serves as a sort of leather, waist-worn fitness tracker. It pairs with a companion app and vibrates when it senses you sitting too long, not standing up straight, drinking too little water, and so on. Emiota planned to launch it by last December for a hefty $395, but as of this writing it isn't yet available for purchase. Again, we're talking strange IoT gadgets here. C'est la vie.

In any case, it's not the only group getting in on the smart belt idea: A Samsung spin-off is working on a similar concept named the Welt that aims to tell you when you've eaten too much and reportedly started shipping to its Kickstarter backers earlier this month. 


i.Con Smart Condom Ring

The iCon is a sex wearable currently up for pre-registration by British retailer British Condoms for about $74. It’s picked up steam in the press as a “smart condom,” but that’s not accurate: Instead, it’s an adjustable, waterproof ring that goes around a guy’s base and is said to track his “thrust velocity,” skin temperature, calories burned, and other stats during intercourse. You’ll then be able to share those stats with other iCon users, because what even is privacy anymore. (Though you can keep everything anonymous if desired.)

The iCon doesn’t have a set release date other than sometime later this year. The whole thing feels like a goof, so it's best to treat it as such. Moving on!


Furbo

There are other connected home cameras aimed at monitoring pets remotely, but the Furbo’s “ridiculous” bit comes from how you can shoot dog treats out of it via your smartphone. It has a two-way radio that ostensibly lets you talk to your pet, too, and sends notifications when it senses barking. It's essentially a Nest Cam, just for dogs.

Apparently people want that: The device raised nearly $500,000 through an Indiegogo campaign last summer. It's now available for $242. 


Bruno

The Bruno is another gadget that's faced repeated manufacturing troubles, and though it's not the only smart trash gadget out there, it has at least some promise. Yes, it’s a $129 trash can that needs to be recharged every month and requires proprietary bags to work. (There's also a $179 model that can alert you when those bags are running low and when it's trash day.) All of that is a bit dystopian.

At the bottom of the can, though, is a small vacuum cutout that will suck up whatever crumbs, hairs, or general crud is manifested on your floor. That means no more dustpans. It’s a slightly dehumanizing device aimed squarely at a first-world problem — but at this point, that should be a given. 

At $31B, Airbnb Now Second Most Valued Company Behind Uber

Airbnb has raised an additional $1 billion, expanding its war chest at a time of increased investor interest in fast-growing businesses.

The company, which disclosed the funding in a securities filing on Thursday, raised the money in a financing round that began last summer and that valued the business at $30 billion. The filing did not name the investors.

Over the years, Airbnb, a short-term lodging rental company founded in 2008, has raised more than $3 billion, and secured a $1 billion line of credit, according to the research firm CB Insights. Airbnb, based in San Francisco, is the No. 2 most valuable private company in the United States behind Uber, the ride-hailing business, according to CB Insights.

CNBC earlier reported that Airbnb had closed the funding round. An Airbnb spokesman declined to comment further on the filing.

The completion of the funding round follows the initial public offering this month of Snap, the maker of the ephemeral messaging application Snapchat, which was also one of the most highly valued private companies before its debut. Snap’s I.P.O. has raised questions about which other private tech companies may go public this year.

Airbnb has long been mentioned as an I.P.O. candidate. Unlike other prominent technology start-ups that are backed by venture capital, the company is not burning through investor money to pay for its operations. Airbnb is profitable, according to two people briefed on its finances who spoke on the condition of anonymity because the financial statements are private.

Still, Brian Chesky, the chief executive of Airbnb, said in an interview in November that, although he was not opposed to a public offering, the company had no immediate plans for one.

“I think companies should go public when it’s the best thing for the mission, but we don’t have those immediate needs,” Mr. Chesky said.

Airbnb, which matches travelers with people who want to rent their homes on a short-term basis, says it has three million listings in more than 190 countries. The company is expanding by buying and investing in new business lines, such as payments, property management and restaurant reservations.

This year, Airbnb confirmed two acquisitions: Tilt, a payments start-up that allows people to more easily split bills; and Luxury Retreats, a company that manages vacation homes. It also announced an investment in Resy, a restaurant reservation app.

The hotel industry is trying to hem in Airbnb, according to the notes from the American Hotel & Lodging Association’s board meeting in January.

The association plans to “counter Airbnb’s ‘we’re just helping the middle-class make ends meet’ narrative with a wave of personal testimonials of consumer harm,” and to work with Congress and state attorneys general to rein in and encourage enforcement actions against companies like Airbnb, notes of the meeting said.

The association did not respond to requests for comment. It includes representatives of 70 hotel, travel and hospitality groups.

The Blizzard Of 1888 Covered Central Park With 16.5 Inches One March Day

Snow may be piling up on the sidewalks as we speak, but we won’t likely be seeing more than they did in December of 1947, when a blizzard dumped 26.4 inches of snow on New York City. According to NYC.gov, “the City was paralyzed when the blizzard barreled its way through, stranding cars and buses in the streets, halting subway service, and claiming 77 lives.” It took $6 million, nearly 30,000 workers, and weeks of digging and plowing to get the city moving again (you can watch a video showing what 99 million tons of snow does to a city of eight million people, ahead). But there’s nothing unseasonal about a mid-March blizzard. In fact, the record for most snow to fall in a day was set on March 12th of 1888, when 16.5 inches piled up in Central Park.

If you peruse a little meteorological history, you’ll see that March really does manage a roar when it comes to snowstorms. Ephemeral New York tells of the March megablizzard that caught the city by surprise, following 40-degree temps and an overall warm winter (sound familiar?). The forecast predicted light rain. On Monday, March 12, 1888, “the city went into its gas-lighted rooms and its heated houses, and its parlors and beds tired, wet, helpless, and full of amazement,” according to the New York Sun on March 13, after being hammered by the “White Hurricane” that killed about 200 people, struck down power lines, paralyzed streetcars and trolleys, and left deep mounds of snow on a winter-weary city.

The National Weather Service agrees that March is no time to let down your guard–or put away your shovel.

Developers Step Up Concession$ In Tepid Market

With its undulating glass facade, 252 East 57th Street was among the marquee new developments that promised to reshape Midtown East back when it debuted in late 2014. But after an extended period of sluggish sales – just under half the condominium’s 95 units remain unsold – the developers decided it was time to take drastic measures.

On top of price cuts last year, World Wide Group and Rose Associates are now offering brokers a 4 percent commission, including 1 percent that’s non-refundable and will be paid as soon as a contract is inked.

“We were trying to think outside the box in terms of what would set us apart,” said Stribling’s Pamela D’Arc, who is marketing the condos. “People come down 57th Street and I think they literally go from one end to the other.”

Discounts have been part of the high-end condo market’s story for many months now, but price slashing is not the only way developers are trying to hook buyers. Faced with stiff competition from a heap of new luxury product on the market, developers are paying transfer taxes, offering discounts, dangling gifts cards and other sweeteners in front of brokers and buyers.

It’s all about getting deals done as quickly as possible.

“They don’t want to give off the perception that they’re lowering prices, so they may offer a concession,” said Douglas Elliman’s Vickey Barron. For buildings with unsold inventory, offering incentives can be an easy way to move sales along, she said.

“They’re not wrong for doing it,” Barron added. “You don’t want to be sitting with empty apartments.”

Developers whose construction loans are coming due have the most on the line, and are anxious to stave off lenders anxious about getting paid back.

“The pressure on developers is starting,” said one marketing executive. “I’ve been getting calls from banks asking what the larger units will rent for.”

Slow & Soft

It’s taking longer to sell new condos these days as high-priced units planned during 2014 and 2015 flood the market. New development sales dropped 13.2 percent year-over-year to 479 units during the fourth quarter, according to appraisal firm Miller Samuel. Meanwhile, the average number of days on the market jumped 20.7 percent to 181 during that time.

“People come down 57th Street and I think they literally go from one end to the other.”

In recent months, the slowdown has spooked a handful of developers, notably CL Investment, which scrapped its $300 million luxury condo conversion at 287 Park Avenue South this fall. In February, the Chinese investment firm also sold its 32.9 percent stake in Coda, Magnum Real Estate Group’s rental-to-condo conversion at 385 First Avenue.

 

Kuafu Properties hit pause on its major development at 161 East 60th Street, a $300 million site now controlled by ex-Kuafu principal Denis Shan, while JDS Development Group and Property Markets Group suspended sales at 111 West 57th Street last year. At the time, PMG’s Kevin Maloney preached the value of waiting until the market improved.

In instances where waiting isn’t an option, buyers are calling the shots, he recently observed.

“The next two years will be the year of the deal,” Maloney told Bloomberg this fall. “If you have cash, I can’t imagine there’s not a condo project that’s coming out of the ground where you can’t walk into the sales office and say ‘This is the deal I’m willing to offer.’”

And while the terms of those deals may not be ideal, many developers aren’t in the position to call the shots.

“In a strong market we would say no — in a soft market like now, we would consider it.” said Elliman’s Richard Steinberg, who is marketing the Chamberlain, Simon Baron Development and Quadrum Global’s 39-unit condop at 269 West 87th Street. He said buyers always try to push the closing costs, transfer taxes and mansion taxes onto developers — that’s the name of the game. The difference is, in a market like this one, they’re more likely to be successful.

“At the end of the day, it’s what is net to the developer,” Steinberg said. “So if it’s a higher offer, and they want us to pay closing costs, of course we would do it.”

Just The Tax

While many developers stay mum about offering concessions, others talk them up as a marketing tool.

121 East 22nd Street and Doug Yearley

Last month, Toll Brothers City Living offered to pay the transfer and mansion taxes for any buyer who went into contract at select buildings before Feb. 26. Billed as a part of the company’s “national sales event,” the offer was good at 55 West 17th Street, 100 Barrow Street and the Sutton at 959 First Avenue.

“We have, in certain locations, had increased incentives to sell,” Toll Brothers CEO Douglas Yearley said during a Feb. 22 earnings call. “But even with those increases in incentives, our gross margins have far exceeded the company average.” He said while the company was proceeding with caution in the market, it was “well-positioned to absorb what has been going on in New York City.”

Still, Toll Brothers is one of very few developers who have made across-the-board offers. It’s far more common for sponsors to take a building-by-building — and deal-by-deal — approach to sales.

“Each developer is in his own situation with his own project,” said Magnum’s Ben Shaoul, who said he’s willing to pay transfer and mansion taxes at 100 Barclay — where sales launched in 2015 and prices average $2,254 per square foot, according to StreetEasy — but wasn’t extending the same offer at 196 Orchard Street, which hit the market a year later and is asking $2,324 per square foot, on average. “To generalize about the market is naive and ridiculous,” he said.

Most buyers nowadays are trying to save a buck where they can. “If you are a buyer at over $10 million, you will be asking for concessions,” said one top broker, who requested anonymity.

Compass’ Leonard Steinberg said, “Correctly priced properties in prime locations that are beautifully executed, mostly don’t require additional incentives to sell. But right now, there is a bit of a race to drive concessions.”

For example, Jody Kriss’ East River Partners is offering tax concessions for a “limited time” at its condo developments at 164 South Oxford Street and 171 South Portland Avenue in Fort Greene. MNS’ Andrew Barrocas, who is marketing the projects, said the sweeteners helps sales velocity, and that the developer was only offering them until the end of March.

“Extell’s commission deal shook the market.”

The savings, particularly on luxury apartments, can be significant. For a $10 million property, mansion and transfer taxes — which come to about 2.5 percent — can set a buyer back $250,000. Watching who foots the bill for attorney’s fees, which can run another several thousand dollars, are another way to take the temperature of the market: When things are red-hot, buyers sign those checks, but when sales are sluggish, sponsors may absorb those costs.

 

“Particularly in the over $2,000-a-foot market, developers are more likely to negotiate on some of the costs,” said Alvin Schein, a partner at law firm Seiden & Schein, who has worked with Toll Brothers, Madison Equities, Magnum and Extell on various projects.

The Bentley club

357 West 17th Street

But developers aren’t just luring buyers by agreeing to pick up the tab on the added extras. In some cases they’ll agree to make design modifications if it will get a buyer over the line.

Others are trying more outlandish stunts. Wonder Works Construction and Girona Ventures, the developers of a townhouse at 357 West 17th Street asking $36.8 million, are throwing in a Bentley worth at least $200,000. And at the Nevins, a new condo in Boerum Hill that hit the market six months ago, the developers offered gift cards to brokers and buyers during the holiday season if they signed a contract by the first week in January. (They offered $2,000 for one-bedrooms, $3,000 for two-beds and $4,000 for three-bedroom units.) “We didn’t want to lose momentum,” said the Corcoran Group’s Tamir Shemesh, who is marketing the 73-unit project for developers Naveh Shuster Group and Adam America Real Estate. Shemesh said the building is nearly 70 percent in contract, but, “you can’t sell a project at the same pace that you sell in the beginning, so when you see the potential for slowdown, you boost it up.”

Some developers prefer to spend their dollars on agents who can bring in buyers. Earlier this month, Extell took the unusual step of offering brokers a 50 percent commission advance on sales at properties now under construction — including One Manhattan Square, 70 Charlton and the Kent.

“Extell’s commission deal shook the market.” said one broker. “We’re going to see more and more of it — particularly in the Midtown corridor where there is a glut of product.”

Gale International, which is trying to sell the last penthouse 21 West 20th Street  , is taking a similar approach, wooing brokers with an unusually high commission of five percent.

“Offering a higher commission does not sell an apartment, but what it does is attract the attention of the brokerage community,” said Stan Gale Jr., president of the firm. “Everyone knows that there’s a lot of product out there, people need to differentiate.” He declined to comment on whether the firm would offer concessions in the form of paying closing costs. Toll Brothers City Living is also offering a portfolio-wide commission incentive.

But in some cases, the only way to sell is to cut prices.

“Developers are not only offering to cover closing costs, but are breaking the final barrier — pricing,” said Martin Eiden, a broker at CORE. “The reduction in pricing not only affects people who bought in the building and are trying to resell, but neighboring properties.”

In January, for example, Extell cut the prices of five apartments at Carlton House by 10 percent. “We’ve priced to account for today’s market,” Barnett recently told the Wall Street Journal. “The market wants to see some discounting.”

 Gary Barnett, One Manhattan Square, 70 Charlton Street and the Kent

Others are going a lot further, finally facing the music about what their product is worth.

DHA Capital and Continental Properties’ triplex penthouse at 12 East 13th Street was once asking as much as $30 million. But sitting without a suitor for three-and-a-half years, it’s now all the way down to $16 million.

“It’s a very different market now,” said Compass’ Herve Senequier, who is marketing the pad. “Most properties above $15 million have received pricing adjustments, and the price now makes more sense.”

Rents In Every Segment Of The Manhattan Rental Market Fell Back In February

Dipping rents — a trend that has affected Manhattan’s high-end rental market for months now — is starting to seep into other segments of the market.

The median rent for every home-size category in Manhattan declined in February, according to the monthly rental report from Douglas Elliman. It’s the first time in almost five years that declines have been widespread across the borough.

The median rental price in Manhattan was $3,260 last month after concessions, a year-over-year decline of 1.7 percent, the report showed.

“I think part of this is just rent fatigue,” said Jonathan Miller.“The general trend is coming from record high rents to something that’s more in-sync with what consumers can afford.”

The median rental price for Manhattan studios was $2,500 in February, a year-over-year drop of nearly 7 percent. For one-bedrooms, the median price fell 1.3 percent to $3,350. Two-bedrooms hit $4,500, a drop of more than 5 percent, while the median rent for three-bedroom homes was $6,031 — a drop of nearly 4 percent when compared to this time last year.

Brooklyn, which has experienced an abundance of luxury rental product, also saw widespread declines last month. However, median rent decreases across all sectors of the Brooklyn market is much more common than in Manhattan.

“Brooklyn was later to see declines, but then fell faster,” said Miller of the rental prices in the borough.

The median rental price in the borough was $2,715 in February, a year-over-year decline of just over 1 percent. For studios it was $2,363, while the median rent for one-bedrooms was $2,600. The median rent for two bedrooms dropped more than 5 percent to $3,000, while median rent for three-bedrooms and above was $3,488 — a fall of 1.2 percent.

In northwest Queens, a market that Miller has described as “choppy,” the median rent was $2,800, a fall of 5 percent.

For months, landlords in the city have relied on renters’ incentives to keep vacancies at bay. The report showed concessions still made up significant share of new leases signed in Brooklyn, Manhattan and Queens, but not quite at levels seen in previous months.

A separate report from Citi Habitats found 31 percent of new Manhattan leases included a move-in incentive during February — down from 37 percent in January.

“[Landlords] may have been emboldened by the declining vacancy rate from December to January — as a result, they pulled back their use of concessions slightly last month,” said Gary Malin, president of Citi Habitats. “There is simply a lot of inventory available.”

America’s Affordable Housing Shortage

Extremely low-income renters face a shortage of affordable housing in every single state and major metropolitan area in the United States, a deficiency of 3.9 million units, according to a report (h/t CityLab) by the National Low Income Housing Coalition (NLIHC). Nationwide, only about 35 affordable housing units exist per 100 extremely low-income homes, labeled as ELI households, and in the New York metro area (as defined by New York-Newark-Jersey City) the results are just as grim with only 32 units available per 100 households at or above the ELI threshold.

According to the NLIHC, to be classified as extremely low income, a household sits at or below the poverty guideline or 30 percent of their area median income (AMI). Their findings show that 11.4 million Americans fall into this income level, a figure that accounts for 26 percent of all U.S. renter households and nearly 10 percent of all households.

Although the NLIHC’s New York metro figures are aggregates, their finding of a 638,500 ELI unit deficit does cause great concern, particularly in light of looming budget cuts to federal housing under the Trump administration. As 6sqft reported yesterday, NYCHA is expecting to see their budget slashed by at least $35 million, some even speculating that figure could balloon to as much as $150 million.

At the city level, it is widely known that the De Blasio administration has made affordable housing a core tenet of its policy-making. The mayor announced early on a goal to preserve or build 200,000 units over 10 years. In three years of the mayor’s term, a total of 62,506 apartments have been built or preserved, according to the latest available data. Unfortunately, more than half of the apartments went to middle-income New Yorkers, not homeless or low-income New Yorkers that would be characterized as ELI.

Citywide Ferry Coming Soon!

For the first time in 100 years, ferry service will be available to all five boroughs as part of a two-year $325 million initiative by Mayor de Blasio.  As the Wall Street Journal reported, the plan will add at least 200 jobs to the city’s economy. Half of these available jobs will pay at least $50,000 per year or more, according to the mayor. The plan for the citywide ferry service, launching this summer, will be managed by the Economic Development Corporation and Hornblower Cruises, who will hire deckhands, captains and other crew members.

Over a period of two years, six new waterway routes will be constructed, reaching all five boroughs.

Set to begin this summer, the first phase of the ferry expansion will include the Astoria, South Brooklyn and Rockaway routes. Construction is already underway at the Brooklyn Navy Yard for a 56,000-square-foot space that will include enough space for 25 boats, maintenance facilities and the restocking of food and drinks.

Each boat, which will carry 150 passengers, will be equipped with Wifi and sell food and alcohol. The cost of a single ride will remain the same as the subway costs, $2.75. With 20 vessels operating at 21 landings in NYC, the city estimates about 4.6 million trips will be taken per year across the six waterway routes.

Currently, 11 full-time jobs are listed on the Citywide Ferry’s website, with additional part-time jobs expected to be listed as needed. The service has already hired 50 positions, including its first round of captains, who are currently in training in the Gulf Coast for sea trials.

The exact date of the ferry’s summer launch will be announced this April.During a press conference, de Blasio said: “For the price of a subway ride, Citywide Ferry service will connect millions of riders to jobs and homes all along New York City’s waterfront.”

Bookworm Emma Watson Is Hiding Literature In The Subway

Did you just find a Maya Angelou novel on the subway? Did it improve your commute? If so, you should thank Emma Watson.

The “Beauty and the Beast” star hit the underground this week to encourage straphangers to put away their phones and open up a good book. With a rucksack of books and a camera, Watson hid Maya Angelou’s “Mom & Me & Mom” behind pipes and in corners — a book she describes as “one of my favorite books of all time.”

How about here?

Or here?

“So if you’re on the subway, and you find a copy of this book, read it, please, and then bring it back for someone else to find. Pass on the good deed and the love. There’s a new library happening!” Watson told Vanity Fair, which organized the stunt along the 23rd Street C and E line.

In 2015, Watson joined the organization Books on the Underground, a London-based organization that secretly plants books on public transport, which inspired here to do the same in NYC.