Real Estate Battles Rage On In NYC



Real Estate Battles Rage On in New York CityHas there ever been a time when there wasn’t a New York City real estate battle going on?

Chances of detente are generally slim to none, considering that this high-stakes industry has no shortage of money or egos—and a limited amount of land to fight over.

Take 316 Fifth Avenue, a 115-year-old Beaux Arts building at 32nd Street (at left), which developers have proposed replacing with a 40-story mixed-use tower. Preservationists are advocating to protect the building (an online petition garnered more than 900 signatures) and stall further development of the popular NoMad neighborhood as it continues to stretch north of Madison Square Park.

In the Meatpacking District, a plan to transform five low-slung Gansevoort Street warehouses into swanky offices, stores, and restaurants has been held up for years by the local preservationist group Save Gansevoort. Things came to an impasse this summer, when a judge ruled to halt construction as the developers and Save Gansevoort work out their differences in court. (Save Gansevoort’s lawsuit, which claims that the Landmarks Preservation Commission improperly approved the project, is now in the appeals process.)

Real Estate Battles Rage On in New York City

In Midtown, billionaire developer Sheldon Solow is seeking to build his own superluxe tower alongside his other properties on West 57th Street, a.k.a. Billionaires’ Row. But Metropolitan Fine Arts and Antiques (above), a tenant situated on the ground floor of a structure that Solow hopes to demolish, refuses to vacate because of its prime location. Solow is challenging the validity of its lease by claiming that the store violated the terms—in part by illegally selling ivory, which the shop owners pleaded guilty to this summer—and now the case is in the hands of New York State Supreme Court. (Perhaps Solow might consider backing off, given that the demand for one-percenter real estate has gone soft.)

And only in New York would two developers duke it out for a better view. Both 111 Varick Street and 570 Broome Street in Hudson Square were originally slated to rise 15 stories, but 111 Varick’s developer decided to bump up its tower to 28 floors, setting off the developer of 570 Broome, who filed a lawsuit this spring challenging the new plan. Only time will tell who becomes top dog. 

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33 Crooked Mile Road, Darien, CT
Magnificent blend of classic Connecticut craftsmanship and style with the ease of contemporary living, filled with natural light and modern flow. Each space has been designed with exquisite attention to detail, from the intimate paneled library to the luxurious master bathroom with heated glass mosaic floor and elegant soaking tub. Set on a private cul-de-sac with a pool surrounded by beautiful gardens, enjoy privacy and serenity in a park-like setting only 5-minutes from Darien town and train.



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20 Juniper Road, Darien, CT
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29 Barn Lane, Bridgehampton
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Barn and Vine

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Unprecedented Compound, East Hampton NY
Featured in the Wall Street Journal Mansion section and the New York Post, this luxurious 23-acre compound minutes from East Hampton Village includes an approx. 18,000-sq.ft., 12+ bedroom main house, chic 6-bedroom former carriage house, and charming horse stables with paddocks and riding fields. The Cotswold-inspired main house with heated gunite pool, oversized spa, pool house, and hard-court tennis is framed by stone courtyards, covered arbors, and idyllic gardens.



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265 Thimble Island Road
Lifestyle & Luxury meet the sea in this 4 bedroom waterfront home with panoramic views of the Thimble Islands. This home embraces it’s surrounding & is the epitome of seaside elegance. The interior is caressed with charm & character. The walls of windows bring in the light of illuminating ocean sunrises & by evening the interior space is filled with picturesque evening sunsets. The lush side courtyard & wrap around deck both take on spectacular water views making this home the envy of the most rich & famous.

265 Thimble Island Road

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11 Musket Ridge Road, Wilton CT
Perched at the top of a roaring Silvermine River waterfall on almost 4 acres, the property spreads out into Wilton and New Canaan. Every inch of this home has been perfected to capture the timeless appeal of the river while exuding ultimate refinement and good taste. The architect-designed home captures river views and sounds, and almost every room opens to one of the magnificent decks or to a private balcony.

11 Musket Ridge Road

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