By: Rusty Brooks
Manhattan’s “oldest home” is New York City’s newest listing and it’s a “bargain” at just under nine million dollars. This residence, located in the hip East Village neighborhood is, according to The New York Post, “located on Stuyvesant Street near East 10th Street, and dating to 1795 — when America was then a newly independent nation — this spread has the rare distinction of being Manhattan’s oldest single-family home, according to its listing. What’s more: The roughly 5,500-square-foot dwelling has been continuously used as a single-family house since that long-ago year — and this marks its very first time for sale, the listing adds.”
Mansion Global reports “the property was built for Nicholas William Stuyvesant, the great-great-grandson of Peter Stuyvesant. The latter Stuyvesant — for whom the downtown public high school is named — was the director-general of New Netherland, which was the Dutch colony that included New York City’s precursor, New Amsterdam. The elder Stuyvesant was also credited with creating the first municipal government of New Amsterdam in 1653.”
The Federal-style offering stands 24 feet wide, and comes with five bedrooms, four bathrooms and a powder room, according to its listing. Inside, there are eight fireplaces — one of which is in the cozy formal dining room — and an artist’s studio with high ceilings and a skylight, according to the listing.
Monica Rittersporn, of The Corcoran Group, is the listing representative and says, “outside,, it’s so plain, simple and understated. But inside, the scale is grand and beautiful. There’s nothing ostentatious about this house.”
Despite its impressive age, the home maintained good shape — and listing images show preserved moldings on the ceilings and over doorways, and a sturdy staircase connecting the levels. The bathrooms have deep clawfoot tubs. The interior layout is original, except for the kitchen, writes New York Post reporter Zachary Kussin.
Meanwhile in other NY real estate news, retail rentals has slowly picked up, although it has been a slow rebound.
The metrics for the past six months cited by REBNY definitely show improvement. Average asking rents per square foot in nine of 17 major shopping corridors grew from the fall of 2021 — suggesting that the market is stabilizing after two years of declining rents.
Soho and upper Madison Avenue are seeing interest from high fashion, sportswear and home decor companies.
In a fascinating development regarding office space, the NY Times reported that in an effort to maintain actual office space, as hundreds and thousands of workers have opted to work from home, after the in hindsight insane lock down measures of 2020, forever changing the city landscape and altering society permanently, companies are re locating offices closer to where their employees live, in an attempt to get them to return to in person work. Brooklyn is greatly benefiting from this trend.
