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Today's Featured Building: Ansonia

AnsoniaNYC.jpg


The European styling of the Ansonia
In the late 19th century, the Upper West Side was dramatically redeveloped, with much of the credit going to developer William Earl Dodge Stokes, multimillionaire real estate mogul and copper heir. Wanting to build the grandest hotel in New York City, Stokes commissioned architect Paul E. Duboy to design what would eventually be The Ansonia, named after the Connecticut town in which Stokes’ grandfather Anson Greene Phelps resided.


The Ansonia was initially a residential hotel noted for its luxurious apartments and European influenced design and quickly attracted many residents from within the arts community. Over the years many famous opera singers, conductors, writers, musicians, and composers stayed in The Ansonia, as well as noted athletes such as Babe Ruth and Chick Grandil.[1]


In 1960, a proposal was put forward to demolish the building, but this notion was quickly dismissed by the residents. In the 1970s, owner Jake Starr began to resent the fact that he couldn't significantly raise the rents within the building and threatened yet again to have the building demolished. In 1972 the building was named an official New York City landmark and in 1980 The Ansonia was listed in the National Register of Historic Places, thus ensuring its preservation.[2]


In 1992, The Ansonia ended its tenure as a hotel and began the process of converting the apartments into individually owned units. However, units could not be sold until the previous tenants moved out, a tedious process that was not completed until 2007. At the time of its conversion, The Ansonia held 430 apartments, but due to residents’ propensity to buy and subsequently combine multiple apartments, even the building’s official realty company does not know the exact number of units The Ansonia holds today.[3]


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Cities and Regions:

Region Buildings Housing Units
New York City, NY 625 103,068
Los Angeles, CA 77 10,247
Vancouver, BC 223 39,498
Chicago, IL 51 14,683


Staff Picks:


740 Park Avenue - Known as one of New York City's premiere apartments buildings, 740 Park Avenue is famous for being the childhood home of Jacqueline Kennedy Onassis.

Ansonia - A former hotel with a long and storied history of famous residents, scandals, and tumultuous times, the Ansonia is known for its distinctive architecture and lavish design detailing.

City Spire - At the time of its construction, City Spire was the world's second tallest concrete building, and today is known for its record setting three floor penthouse with panoramic views of Manhattan.

Apple Bank Building - A landmark building that once housed the Central Savings Bank, the Apple Bank Building is known for its luxury, including a fitness center that is illuminated by a chandelier.

Downtown By Starck - A conversion project by famed architect Philippe Starck, this building has been dubbed the Downtown Insanity Palace due to its numerous over the top luxury amenities.

Rutherford Place - A former maternity hospital, Rutherford Place is now a condominium residence in Gramercy Park, and a classic example of the Beaux Arts architectural style.

Jade- With interior design by Jade Jagger, this building introduced Manhattan-ites to pod style living.


News:

Home mortgage rates and real estate news - CNNMoney.com

Looking for a home in Berlin or Budapest? Prepare to pay more
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.
Is Manhattan's rental market finally cooling off?
Rent prices in Manhattan are slowing down and landlords are offering concessions as inventory on the island grows.
What will your monthly mortgage payment be?
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
Housing market remains strong, despite mortgage rate worries
Homebuilder Lennar reported sales and profits that topped forecasts and indicated there is still healthy demand for new homes despite rising mortgage rates.
Why West Coast home prices are surging
The hottest markets are in the West, and it's creating an affordability issue.

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