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Françoise Gilot's NYC home has just listed for the first time
Françoise Gilot's NYC home has just listed for the first time

New York Post

timean hour ago

  • Entertainment
  • New York Post

Françoise Gilot's NYC home has just listed for the first time

Françoise Gilot — the brilliant French artist loved by Pablo Picasso and Jonas Salk — loved this apartment. And, indeed, home is where the art is. The late Gilot's lofty duplex in the heart of the West 67th Street's historic artists' district just hit the market for $4.3 million, according to StreetEasy. Gilot, known internationally for her watercolors, ceramics and the bestselling memoir 'Life with Picasso,' used the loft-like co-op home as a live-in studio for decades. Advertisement 9 Gilot, pictured in her California studio in 1982. Getty Images 9 A young Gilot and Pablo Picasso, with whom she had two children. Gamma-Rapho via Getty Images 9 The duplex features impressive barrel-vaulted ceilings, even in the kitchen. Evan Joseph/Evan Joseph Studios Advertisement 9 The co-op's lofty ceilings reach more than 17 feet high. Evan Joseph/Evan Joseph Studios In addition to striking French Modernist art, including works like 'Adam Forcing Eve to Eat an Apple' and the mythological 'Labyrinth Series,' Gilot was known for her impressive romantic relationships. Gilot first met Picasso when she was a 21-year-old artist living in German-occupied France. Picasso was 61 at the time. The dynamic pair spent almost 10 years together and shared two children. Gilot recounted this time in her 1964 best seller 'Life with Picasso.' The acclaimed book was loosely adapted in the 1996 James Ivory film 'Surviving Picasso,' featuring Anthony Hopkins. Gilot went on to marry Jonas Salk, the pioneer of the polio vaccine, and settled in New York City until her death at 101 years old in 2023. Advertisement This listing marks the first time Gilot's three-bedroom residence on West 67th Street has hit the market. It's being sold by her estate. The home features soaring, and striking-looking, barrel-vaulted ceilings over 17 feet high, a woodburning fireplace, oversized north-facing windows and a flexible three- to four-bedroom layout. 9 The two-tiered living area offers ample space and natural light. Evan Joseph/Evan Joseph Studios 9 The northern exposures were what Gilot liked best about the apartment. Evan Joseph/Evan Joseph Studios 9 The unit is a few floors below Peter Yarrow's former duplex, which entered into contract just last month. Evan Joseph/Evan Joseph Studios Advertisement 9 Gilot, as seen in a 'Woman in The News' feature by Nora Ephron in 1965. William N. Jacobellis/New York Post Gilot's duplex is just one of three units up for sale in the building. The second property, a $2.5 million two-bedroom, was also owned by Gilot. She used it as a guest apartment and a pied-à-terre, said Christie's International's Leslie Hirsch, who holds the two listings alongside Howard L. Morrel. The third unit is the recently in-contract home of the late Peter Yarrow, of Peter, Paul and Mary fame. Yarrow's fifth-floor duplex home last listed for $4.44 million and earned itself an impressive bidding war. Its final sale price is not yet known. The fact that all three listings at 27 W. 67th St. are estate sales is no coincidence. Families there tend to hold fast to their homes, Hirsch said. What is surprising, however, is that three units are on the market in the first place. 'Properties in the building don't come up for sale very often, ' Hirsch said. 'You see one or two a year, maximum.' 9 Gilot in 2015. Getty Images Advertisement The building is one of several special residences along an iconic New York City block, known at West 67th Street Artists' Colony Historic District. The landmarked stretch of brick and limestone buildings between Central Park West and Columbus Avenue gained a reputation for its high concentration of artist apartments. Famous residents included the daring 'Readymades' artist Marcel Duchamp and photorealistic painter Normal Rockwell. This building, in particular, was founded by a group of 10 artists who pooled their money for the 14-studio co-op, Curbed reported in 2023. The building continued to attract generations of artists, thanks to its wide open studio-like set-up and large, north-facing windows — the light best for painting. Advertisement It was that feature of the apartment, Hirsch said, that Gilot valued. 'You can stand on the balcony and look at your work from multiple angles,' she said. 'That's what her daughter said to me, that what she [Gilot] liked about painting in this apartment.

FARE Act expected to lower upfront costs for rentals: StreetEasy
FARE Act expected to lower upfront costs for rentals: StreetEasy

Yahoo

time4 hours ago

  • Business
  • Yahoo

FARE Act expected to lower upfront costs for rentals: StreetEasy

NEW YORK CITY (PIX11) — The time is nearing for when New Yorkers will no longer have to pay a broker fee for renting apartments if they're not the hiring party. The Fairness in Apartment Rental Expenses (FARE) Act takes effect in a week and will make it so that brokers in NYC will have to be paid by the hiring party. Additionally, property managers or their brokers must disclose any fees a tenant must pay in their rental listings and rental agreements. More Lottery News Ahead of its enactment, real estate experts from StreetEasy are sharing their predictions for how the new law will impact renters. StreetEasy experts say residents will likely see upfront costs for rentals drop by as much as 41.8%. In the first half of 2025, the cost to sign a rental lease, including a broker fee, was averaged at $12,942. A cost that StreetEasy experts say has made it increasingly difficult for New Yorkers to find their next home. More: Latest News from Around the Tri-State After the FARE Act takes effect the average upfront cost to rent is expected to drop to about $7,537. While some have expressed concern that the broker fees may now be baked into the cost of rent, StreetEasy's real estate experts say the expected rent increases won't be much higher than broader market trends. Among properties that dropped broker fees ahead of the FARE Act, researchers found that rents were raised by 5.3%, which was only slightly higher than the average growth of 4.6% for apartments that maintained broker fees. The difference appears to indicate that property managers will likely absorb much of the additional cost incurred by bringing leasing activity in-house or covering rental brokers' fees directly, real estate experts say. Dominique Jack is a digital content producer from Brooklyn with more than five years of experience covering news. She joined PIX11 in 2024. More of her work can be found here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For These New Yorkers, Brutal Apartment Hunts Make Good Content
For These New Yorkers, Brutal Apartment Hunts Make Good Content

New York Times

time22-05-2025

  • Entertainment
  • New York Times

For These New Yorkers, Brutal Apartment Hunts Make Good Content

The fourth apartment Heather Maldonado tours in her YouTube video is a sleek Manhattan studio renting for $3,350 a month, with big windows but no standard stovetop or full-size fridge. The next, for $3,500, feels a little more New York, with crown molding and nine-foot ceilings, until a turn into the bathroom reveals what appears to be a rusty, leaking pipe. Then there is the penthouse on the 22nd floor of a converted old hotel. Ms. Maldonado, 29, can be seen stepping onto gorgeous parquet hardwood floors and peering out from a balcony with a clear view of the Empire State Building. Could this be her new home? 'Guys, this was $5,000,' she tells viewers. 'Over $5,000.' That was almost twice her budget. The arduous process of finding an apartment in New York City, in the throes of the worst housing crisis in decades, is familiar to residents. The share of apartments that are available to rent is at a nearly 60-year low, and the typical asking rent was $3,850 in April, according to the listing site StreetEasy, the highest figure the company had ever recorded. But on YouTube, apartment hunting has become something of a phenomenon, with creators like Ms. Maldonado documenting their personal searches and tapping into a global fascination with what it's like to live in New York City. 'Whereas traditional real estate shows often stick to showing luxury homes, creators are providing a more realistic view of what so many New Yorkers face,' said Maddy Buxton, YouTube's culture and trends manager. She called the creators 'must-watch' tour guides. The videos often have a similar structure: Creators will go through one apartment at a time, describing and debating prices, amenities, views, the likelihood of pests, nearby shops and parks and other details. Some people watch the videos during their own apartment hunts. Many see them as entertainment that captures New York City's quirks and frustrations — a majority of viewers, Ms. Maldonado said, live elsewhere. One person who commented on one of Ms. Maldonado's recent videos said apartment hunting in New York should be an Olympic sport. Some seem to be living vicariously through the creators, imagining themselves living in the city or reminiscing about their own youth. And for a few, it's about the schadenfreude. Another commenter, bragging that they were watching the video from a 2,400-square-foot home in North Carolina, said New York apartments looked 'so tiny' in comparison. Ms. Maldonado grew up in Texas. In 2023, she visited New York City for the first time and felt drawn to its vibrancy. Last year, she decided to move here. Ms. Maldonado, who worked in marketing, had already been posting videos about lifestyle and fitness and had hopes of making content creation a full-time job. She immediately discovered that the city's housing market felt like 'cutthroat Hunger Games,' she said in a video. She found that apartments flew off the market before she had a chance to see them. Monthly rents could be more than $3,000 for units smaller than a Texas kitchen. Laundry machines and air-conditioning, she discovered, were far from guaranteed. Rental applications, she found, required a mind-numbing quantity of bank statements and tax forms. She recounted all of these experiences in her first apartment hunt video in August, with the hope that it would benefit others hoping to move. The video quickly became one of her most popular and lucrative posts. Ms. Maldonado said the video, which had about 63,000 views as of mid-May, had generated some $550 for her so far, compared with about $22 for a typical lifestyle-focused video. She also earns money on other platforms and through sponsorships. She made another video this year to document her search, which has over 99,000 views. Today, she supports herself by making videos full time. 'The relatability of being a YouTuber is to say, 'Hey I'm one of you, and this is also what I've gone through,' Ms. Maldonado said in an interview. The popularity of the videos is why Alexis Eldredge, 27, decided to make one in 2021. Ms. Eldredge, who has nearly 78,000 subscribers, has now had to move three times. She has made videos for each grueling hunt. She declined to comment specifically on how much she earned from each. But she said they were top performers based on views and revenue. She noted that she had only 1,000 subscribers when she made her first video, which garnered 100,000 views and sharply increased her following. Moving has been 'good for the channel, and good for growth,' she said. 'But bad for my mental health.' Ms. Eldredge, originally from Ohio, studied musical theater and hopes to be on Broadway. During her first four years in the city from 2015 to 2019, when she was a student at a college on Staten Island, she lived in a dormitory and 'never had to deal with apartment hunting,' she said. But since she graduated and moved to Washington Heights, her experience has encapsulated many of the frustrations of apartment hunting. The first apartment, which she shared with three roommates, had mice. She left another place, which cost her $2,115 even with two roommates, after the landlord raised the total rent by $500. She now lives with one roommate on the Upper West Side and pays $2,050, and can fully support herself by making content. 'I feel like New York housing is almost like a secret,' she said. 'You don't really know what it's like until you know what it's like.' And for many creators, the videos are compelling because they tap into international curiosity about the city as a place of opportunity. 'New York has always been this American dream,' said Alia Zaita, 25, whose family moved to Seattle from Romania when she was 12. Ms. Zaita, who has 635,000 subscribers on YouTube, said most of her viewers were from other countries. She spent six years in Toronto working as a professional ballerina, and then moved back to Seattle, where she met her husband. She started making YouTube videos about five years ago. Ms. Zaita was a fan of apartment hunt series. She had watched several based in Tokyo, Paris and elsewhere, and had even made some during her hunts in Seattle. So when she and her then-partner found they were 'really craving that European density of a city,' she began watching videos about New York City apartment hunts. In 2023, they moved into their first New York apartment, a fourth-floor one-bedroom in NoLIta with a rent around $3,300. Her first video about the hunt immediately drew interest from people around the world, eventually accruing 440,000 views and earning Ms. Zaita about $4,000. One commenter, who said they were an 18-year-old student from Germany, lamented that they would most likely never be able to live in New York City. The next year, when their lease was up, Ms. Zaita and her husband decided they wanted a bigger space. They looked for a two-bedroom apartment under $4,000, where one of the rooms could double as a video studio for Ms. Zaita. They went on another hunt, eventually picking a place they liked near Downtown Brooklyn. Now, 'we have no reason to move,' she said. 'I'm like, I'm going to miss out on the engagement.'

NYC renters built a website to help them triumph over landlords trying to hide rent-stabilized apartments
NYC renters built a website to help them triumph over landlords trying to hide rent-stabilized apartments

Business Insider

time18-05-2025

  • Business
  • Business Insider

NYC renters built a website to help them triumph over landlords trying to hide rent-stabilized apartments

In February 2024, Ilias Miraoui devised a plan to navigate the hellscape that is apartment hunting in New York City. The 28-year-old data scientist would populate one browser tab with StreetEasy, the popular Zillow-owned site that has the most comprehensive collection of NYC rental listings. In another tab, Miraoui pulled up the city's official list of buildings with rent-stabilized apartments, which are often cheaper because their monthly rent increases have been capped since 1969. The system worked. He scored a one-bedroom rent-stabilized apartment on the Lower East Side for $2,400 a month. Based on the rents of similar but market-rate units he toured, Miraoui estimates he's saved about $600 a month since he moved in. This process should be easier for everyone, he thought. So Miraoui teamed up with software developer Adam Sebti, 30, to launch RentReboot, a new website that alerts users when buildings on the rent-stabilized list have new listings on StreetEasy. "The idea is to show that information and make it more public," Sebti said. "So everyone can have a chance." RentReboot users enter what they're looking for in an apartment, including budget, number of bedrooms, preferred neighborhoods, and building amenities like an elevator or doorman. They receive two emails or texts each day summarizing new listings that fit their criteria for free. For $12 a month, users can get real-time email alerts and three texts a day with their best matches. For $20 a month, users get unlimited texts and first access to any new tools. The duo said they had 20,000 signups in the two weeks after launching the website in mid-April. Rent-stabilized apartments can be hard to find Renters see these diamond-in-the-rough apartments as a saving grace in one of the country's most expensive housing markets. Citing recent city data, The New York Times reported in April that the typical monthly rent for a market-rate unit is around $2,000, but it's only $1,500 for a rent-stabilized unit. In February, the median asking price for NYC rentals was $3,645, 2.6% more than the year before, according to StreetEasy. A committee approves annual increases for stabilized units, which can be a maximum of 2.75% on a one-year lease and 5.25% on a two-year lease. Data from the City of New York shows that, as of 2023 — the most recent year with available data — there were about 2.3 million renter-occupied units in NYC. According to the Rent Guidelines Board, the group that sets and monitors rent increases for stabilized units, only about 1 million of those apartments are rent-stabilized. For many New Yorkers, finding a rent-stabilized apartment is like discovering the Holy Grail — and just as difficult to secure. In 2019, New York City repealed a former rule that allowed landlords to raise rents 20% on vacant units, aiming to curb soaring rents. Some housing-market analysts believe this has led certain landlords to keep their units off the market, hoping the rule will eventually return. The Housing and Vacancy Survey, a report published every three years by the New York Department of Housing Preservation and Development and the US Census Bureau, shows that between January and June 2023, about 33,000 of the city's roughly 2.3 million apartments were vacant and available for rent. The survey estimated that 26,310 rent-stabilized apartments were left vacant in that time period. While that is less than the 43,000 vacant units in the same survey in 2021, it is not much less than the 33,210 units of all housing that were for rent between January and July 2023. Some renters have had success challenging landlords who have illegally charged them market-rate rent for what is actually a stabilized unit. Last year, a New York City renter named Danielle, who declined to share her last name with BI for privacy reasons, reached a $150,000 settlement with her former landlord after discovering she was paying market-rate for a unit that was actually rent-stabilized. "I already didn't kind of trust landlords, but I guess I had lived in this world where I assumed that people, for the most part, told the truth about stuff," she told Business Insider in 2024. More features to help renters find rent-stabilized units are on the way Units on RentReboot come from cross-checking addresses with the city's official list, but some are additionally flagged as verified if their StreetEasy profiles also mention their rent-stabilized status. Miraoui and Sebti are working on ways to quickly verify a unit's rent-stabilized status with its broker, even if it's not explicitly mentioned in the listing. They also plan to add additional features to the website using generative AI, like analyzing photos of windows in the listings to figure out which units have the most natural light.

Stunning Brooklyn mansion lists for $12.49M after a renovation
Stunning Brooklyn mansion lists for $12.49M after a renovation

New York Post

time13-05-2025

  • Business
  • New York Post

Stunning Brooklyn mansion lists for $12.49M after a renovation

A 22-room classical mansion in Prospect Park South is on sale for $12.49 million, making it the most expensive listing in the bucolic Brooklyn neighborhood — one that seems a world apart from the city. The unusual and wonderful Brooklyn residence that Brownstoner once dubbed a 'Colonial Revival on steroids' returned to the market on Monday with a major facelift, according to StreetEasy. The 11,000-plus-square-foot mansion listed for $12.49 million — a nearly $10 million jump from its last sale price. The landmarked home's listing representative, Mike Lubin of Brown Harris Stevens, told The Post that its current owner of eight years, an architect, restored the home to its former pre-war splendor. Advertisement 'This is considered kind of the Grand Dame of the neighborhood,' Lubin said. 'It was built with a lot of architectural detail, and the scale is very, very dramatic.' 12 The exterior of the home is unmistakable, with dramatically large eaves, unique windows and soaring Ionic columns. Brown Harris Stevens 12 The large front porch. Brown Harris Stevens Advertisement 12 The entryway features a coffered ceiling, the grand staircase and one of several fireplaces in the home. Brown Harris Stevens 12 The current owner restored the home's unique windows as well as its millwork. Brown Harris Stevens 12 The chef's kitchen includes its own fireplace, as well as a 10-foot island and a marble farm sink. Brown Harris Stevens 12 The dining room is lined with rich mahogany. Brown Harris Stevens Advertisement 12 A cozy library on the first floor. Brown Harris Stevens The home possesses the scale of a county manor, with stately two-story Ionic columns and an expansive porch. The interior spans 11,450 square feet, including nine bedrooms and 7.5 bathrooms. When the mansion was last snapped up for $2.75 million in 2017, it was in a state of disrepair with peeling paint and rotting wood marring the once-grand facade. You wouldn't know it looking at the home today, however. The once 'creepy' home now boasts some of the most impressive curb appeal in the neighborhood, thanks to the extensive renovations. These changes, according to Lubin, included bathroom, kitchen, roof, plumbing and central air upgrades — as well as restoring the pocket doors, fireplace mantels and 66 wood-framed windows. Advertisement 'It was like a puzzle that had to be taken apart and put back together,' Lubin said. The front double doors lead to a coffered hall connected to a front parlor, a reception parlor, a mahogany-clad dining room and a library with bay window. The impressive chef's kitchen has a 10-foot island, a marble farm sink and its own fireplace — one of many fireplaces throughout the home. The third floor — a former ballroom with 16-foot ceilings — has been converted into an entertainment room featuring a decadent bar and a spiral staircase up to a reading nook. 12 The primary suite. Brown Harris Stevens 12 The ensuite bathroom features a freestanding tub. Brown Harris Stevens 12 An additional bedroom. Brown Harris Stevens 12 The furnished basement. Brown Harris Stevens 12 The backyard. Brown Harris Stevens Advertisement The private backyard, with its large stone patio and green lawn, is one of highlights of the home for Lubin. 'You feel like you're in Connecticut or Long Island,' Lubin said. 'It doesn't feel like an urban garden. It's incredibly peaceful.' Attempts by a previous agent to sell the home for a higher $12.95 million between 2022 and 2023 were unsuccessful, but Lubin said this is partly to blame of the strangeness of the post-pandemic market. 'There were offers, but none that they wanted to accept,' he said. Advertisement Prospect Park South was largely built by developer Dean Alvord at the turn of the 20th century. Alvord had with a vision of suburbia in the middle of Brooklyn. This residence, at 1305 Albemarle Road, however, was built by the little-known architect Henry B. Moore in 1905. The home was notably featured in the Oscar-winning film 'Reversal of Fortune,' and scenes from 'Law and Order: Special Victims Unit' were filmed on the first floor. The next owner of this opulent home will be in good company — the famed actress Michelle Williams bought her own 18-room mansion just down the block in 2016.

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