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To Paraphrase R. Kelly, Zip Codes Ain’t Nothing But Some Numbers

Almost a year after dividing the posh 10021 zip code into three atomized bastions of wealth, people finally seem to be getting used to just how wealthy “10065” sounds (after all, “65” is more than three times as great as “21”):

The new neighboring 10065 — formerly part of 10021 — is now the Upper East Side’s most expensive address.

Since the split, in July 2007, the average real-estate sales price in the 10065 has hit $2.9 million — topping 10021’s $2.2 million average, according to Streeteasy.com, a real estate-tracking Web site.

The hot ZIP’s stock continues to soar, too — with the current market price for homes selling at an average $4.1 million, nearly $1.5 million higher than residences in 10021.

Moviemaker Spike Lee, The Donald’s ex, Ivana Trump, corporate raider Henry Kravis, Revlon’s Ronald Perelman and NBC “Today” show host Matt Lauer all reside in the flush 10065 neighborhood, which spans 61st to 68th streets from Fifth Avenue to the East River.

Coveted real estate in the 10065 includes The Pierre hotel, whose penthouse is on the market for $70 million, and the renovated Lexington Avenue Barbizon Hotel, with apartments for sale for $12 million.

Since July, 10021 hasn’t been able to keep pace, despite being home to 740 Park Ave., once home to John D. Rockefeller and Jacqueline Kennedy Onassis, and where the city’s richest man, billionaire businessman David Koch, hangs his hat.

Up the street, Brooke Astor’s famed 778 Park Ave. duplex just hit the market for $46 million this past month. And real-estate tycoon Aby Rosen is asking $75 million for his town house at 22 E. 71st St.

“People work their whole lives to get into the 10021 ZIP code” — which now covers 68th to 76th streets from Fifth Avenue to the East River, said Brown Harris Stevens Realtor Nancy Candib. “They were upset when it was taken away from them.”

In July, the US Postal Service carved up the historic 10021 ZIP code, which once stretched from 61st to 80th from Fifth Avenue to the East River, into three sections, creating the new 10065 ZIP code and its smaller cousin, the 10075, the area from 76th to 80th.

But now, those who ended up in the new 10065 are lording it over the 10021.

“[The 10065’s] most beautiful and notorious buildings compete with anything in the 10021,” said Candib.

Posted: May 11th, 2008 | Filed under: Class War, Manhattan, Simply The Best Better Than All The Rest

If There’s One Thing You Need, It’s A Laundromat

SJP apologizes for single-handedly making parts of New York City unaffordable:

“I don’t know if you do this with your husband,” Parker says. “But say one of us is walking down the street, I’ll call him and say, ‘You know, the laundromat is closed!’ And he’ll say, ‘What?’ I’ll be like, ‘The laundromat at 11th and West 4th Street is closed!'”

Parker and Broderick keep a running count of these changes, a mutual mourning for the transformation of their neighborhood into a luxe, tree-lined shopping mall. She knows this sounds absurd coming from her, that people blame Sex and the City for the ruination of the West Village; even Broderick says, “That’s your fault!” when he sees a thong poking up from low-slung jeans, and her close friend John Benjamin Hickey, an actor, longs for the days before “those girls on buses.” Parker clarifies that she doesn’t want to sound like Madonna bemoaning what’s happened to New York: It’s not that there’s no “creative energy” in the air, it’s simply been priced out of this particular borough.

Still, she says, her New York, like that of many New Yorkers, is one that is no longer quite there. “You know, when I arrived in the city in 1976, New York was financially a wreck,” she remembers. “But to me it’s the New York that Matthew and I literally try to find every day of our lives. It was the best place in the world. It was literature. It promised everything. And for someone who loved food and smells and stimulation, who was rocked to sleep by the sound of taxis — well, there’s just so much money now, and the city is so affluent, and all the colors, all the shops, the look of a street from block to block is just terribly absent of distinguishing coffee shops, bodegas. All of that stuff that made it possible to live in New York is gone.” Even Brooklyn is “very chic” now, she adds. “I guess there are places in Queens that are affordable.”

Posted: May 5th, 2008 | Filed under: Manhattan, There Goes The Neighborhood

They Say Two Thousand Zero Seven Party Over, Out Of Time, But Instead Let’s Gut Renovate Like It’s Early 2005

In case you missed the heady days of Wall Street tycoons and an overheated real estate market:

A century later, when Dr. Mitchell Blutt, a modern-day tycoon made rich on Wall Street, wanted a mansion of his own, he found Mr. Carnegie’s neighborhood, now known as Carnegie Hill, not surprisingly plumb out of space.

To solve the problem, Dr. Blutt bought the two town houses directly east of his current home on East 90th Street, between Park and Madison Avenues, in order to combine the three Romanesque Revival, four-story town houses into one 17,000-square-foot dwelling. His plans have prompted protest from neighbors, who see an intrusion of a suburban-style “McMansion,” and from preservationists, who fear that they would destroy the character of the landmark-protected buildings.

“It’s an audacious proposal,” said Simeon Bankoff, the executive director of the Historic Districts Council, which works to preserve New York’s historic neighborhoods and buildings. “It’s the kind of thing that seems to be extraordinarily conspicuous consumption.”

Even by the extravagant standards set by the real estate forays of this century’s gilded elite, Dr. Blutt’s plan is unusual. Because the combination of brownstones is relatively rare, especially for conversion into a single-family home, it raises a host of questions not easily answered.

Dr. Blutt had proposed a three-story rear-yard addition that would extend some 15 ½ feet beyond the buildings’ original rear walls. He also wanted to add more than 20 feet to the height of the buildings by adding a fifth floor, as well as a concrete bulkhead for a new elevator shaft.

When Dr. Blutt’s architect presented the plans to the Landmarks Preservation Commission last Tuesday, the commission took no formal vote, but some members noted their concern about the proposed fifth floor and the character of the rear-yard addition. The commission told the architect to submit redrawn plans.

Lo van der Valk, president of Carnegie Hill Neighbors, said that since the historical preservation movement took hold in the late 1960s, the expansion of dwelling space usually took place by building up and out. For instance, during the 1990s, homeowners scurried to buy neighboring apartments, knocking down walls to scrape out a few hundred extra feet.

But neither Mr. van der Valk nor Mr. Bankoff could recall a single case of a person turning three attached brownstones into one single-family home.

Dr. Blutt paid $12.6 million for both of the neighboring town houses, according to public records, and real estate experts estimate the value of all three together at around $20 million, before any renovations.

Posted: April 29th, 2008 | Filed under: Class War, Manhattan, Real Estate

Ed Koch Is So Badass, He Has The Power To Turn Trinity Into A Jewish Cemetery

1847’s Rural Cemetery Act notwithstanding, it is still possible to be laid to rest in Manhattan:

Former Mayor Edward I. Koch said on Monday that he planned to stay in Manhattan — for good.

Mr. Koch, who turned 83 in December, said that he had purchased a burial plot in Trinity Church Cemetery.

“The idea of leaving Manhattan permanently irritates me,” said Mr. Koch, who represented the East Side in the City Council and in Congress before being elected to the first of three terms as mayor in 1977.

Trinity Church, part of the Episcopal Diocese of New York, operates a nondenominational cemetery at Broadway and 155th Street. Trinity describes the uptown cemetery as the only active cemetery in Manhattan that is still accepting burials.

. . .

The cemetery is on the site of one of the fiercest battles of the American Revolution. Trinity describes it as a grassy retreat, dotted by century-old elms and oaks, and “a special place of peace and tranquillity far from the chrome and glass towers of central Manhattan.”

Those buried include Clement Clarke Moore, who wrote “A Visit From St. Nicholas”; the artist and naturalist John James Audubon; the actor Jerry Orbach; and Mayor Fernando Wood, who proposed that the city secede from the Union during the Civil War and was later elected to Congress, where his colleagues censured him for intemperate remarks.

. . .

A mausoleum at the cemetery offers above-ground niches and crypts, but only a few below-ground burial plots remain vacant. Cemetery officials said they were reserved for special citizens.

Mr. Koch chose a plot on what he described as a “small mountain” overlooking Amsterdam Avenue, and he researched the propriety of being buried in a non-Jewish cemetery.

“I called a number of rabbis to see if this was doable,” he said. “I was going to do it anyway, but it would be nice if it were doable traditionally.”

He said he had been advised to request that the gate nearest his plot be inscribed as “the gate for the Jews,” and the cemetery agreed.

He was also instructed to have rails installed around his plot, so he ordered them.

Being buried in Manhattan, Mr. Koch said, would also make it easier for former constituents to visit.

“I’m extending an open invitation,” he said.

Posted: April 22nd, 2008 | Filed under: Historical, Manhattan, Need To Know

Tree Of Hope To Become Shiny Corporate Office Tower Bollard

Today’s essay topic, gentrification in 50 words or less:

The rezoning would remake 125th Street, one of the city’s liveliest streets — and home to many small businesses like clothing stores, pawn shops and hair salons — into a regional business hub with office towers and more than 2,000 new market-rate condominiums.

Posted: April 16th, 2008 | Filed under: Class War, Manhattan, There Goes The Neighborhood
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