Brooklyn

September 3, 2015

Four-Floor Stunner with a ‘Secret Garden’ Asks $11,000 a Month in Fort Greene

Here is Brooklyn brownstone living at its finest. The historic 1880s townhouse at 139 South Oxford Street, located in the very brownstone-heavy neighborhood of Fort Greene, is a good blend of historic details and modern conveniences. It's got a very special landscaped backyard, a renovated kitchen, and a staircase to die for. It's split up as a two-family home, and the upper four floors are now on the rental market asking $11,000 a month. That's nearly 3,000 square feet of living space, with four bedrooms, two full bathrooms, two half bathrooms and even additional basement storage! That's a lot of brownstone goodness right there.
See it all

September 2, 2015

Bed-Stuy Brownstone With Its Historic Details Intact Asks $1.9 Million

By Emily Nonko

The days of finding an affordable historic brownstone in Brooklyn are long gone. Today, brownstones–like this one at 348 Gates Avenue in Bed-Stuy–are priced into the millions. Because the home has much of its historic interior details intact, like mantles, high ceilings and the original hardwood floors, it's especially pricey for the neighborhood, with an asking price of $1.9 million. It's also in a convenient area of the neighborhood, bordering Clinton Hill and off the main drag of Franklin Avenue. So, will this brownstone achieve its high ask?
See more to decide

September 1, 2015

Modern Two-Bedroom in Williamsburg Comes With a Dreamy Outdoor Space

By Emily Nonko

If you're on the hunt for a modern condo unit (and aren't shopping on a strict budget), Williamsburg is one Brooklyn neighborhood that is full of them. Here's the top-floor unit at 317 South 4th Street, a boutique condo with four total units—a two-bedroom, two-bathroom on the market for $1.45 million. The floor-through apartment has all modern finishes, lots of glass, a private balcony and even a 700-square-foot roof garden.
See more of it

September 1, 2015

Loft Renovation in DUMBO’s Eagle Warehouse Building Is Playful and Strategic

By Rebecca Paul

This playfully decorated loft is located in DUMBO's landmarked Eagle Warehouse Building. Although the space has always been generous in square footage, prior to the renovation the original residence only had two small windows and very little natural light. To open up and brighten the home, Etelamaki Architecture removed the kitchen walls and introduced various design treatments to increase the presence of natural light and to define distinct functional spaces.
Check out the rest of the loft

August 31, 2015

BSC Architecture Simplifies a Park Slope Brownstone Redesign Through Subtraction

By Rebecca Paul

This 1899 Park Slope brownstone underwent an extensive renovation inspired by its new owners' desire to recreate their previous living space. Their former home was an airy, light-filled space with small private bedrooms adjacent to large communal areas, fostering a sense of family cohesion and intimacy. Unfortunately, their vision was contradictory to the existing Brooklyn structure. But these types of challenges can be a designer's greatest motivator, and the team from BSC Architecture took the test head on. Drawing inspiration from the words of Gordon Matta Clark, "a response to cosmetic design; completion through removal; completion through collapse; completion through emptiness,” the redesign was realized through a process of strategic removal.
More on this clever project here

August 31, 2015

Garden Floor Charm at this Boerum Hill Townhouse Rental, Asking $5,500 a Month

By Emily Nonko

If you're in the market for a duplex rental apartment, you can't get any better than the parlor and the ground floor of a Brooklyn townhouse. For starters, you're getting lots of that historic interior charm, not to mention the big front windows and the high ceilings of the parlor floor. And with access to the garden floor comes with it access to the garden! This duplex rental, at 379 State Street in Boerum Hill, covers those very floors and yes, it has access to a private garden. It's now up for rent asking $5,500 a month.
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Distinctive Homes

August 31, 2015

Revealed: Floor Plans and Pricing for Jean Nouvel’s MoMA Tower

By Dana Schulz

After progress crept along for nearly ten years, Jean Nouvel's highly anticipated MoMA Tower, officially known as 53W53, is now inching closer to the finish line. A year ago we got a peak at unofficial penthouse floorplans, and the first interior renderings were revealed in February, followed by a pre-sales-launch video of the interiors in May. Now, the Post has uncovered floorplans and pricing for three of the units in the 1,050-foot, 82-story asymmetrical tower. They include a 3,846-square-foot, 55th-floor three-bedroom asking $21.7 million; a smaller 55th-floor three-bedroom for $14.42 million; and a 4,362-square-foot, 72nd-floor three-bedroom duplex going for $39.2 million.
More floorplans and pricing

August 28, 2015

OKCupid Co-Founder Picks Up a Greenpoint Townhouse for $2.12M

By Annie Doge

A co-founder of everybody's favorite dating site OKCupid has just scooped up a sweet townhouse at 925 Lorimer Street in Greenpoint, according to property records just released. Christian Rudder—now a budding musician and father—was listed alongside his Bishop Allen bandmate Michael Tapper (also of We Are Scientists fame) on the sale. The home, which is described as "3,400 square feet of endless opportunities" is sure to offer the pair and their friends a "typical Friday night" that's anything but typical.
Have a closer look inside here

August 27, 2015

Duplex Loft in a Former Ping Pong Factory Asks $1.1 Million in Clinton Hill

By Emily Nonko

110 Clifton Place, in Clinton Hill, Brooklyn, is a prewar warehouse building that formerly housed a ping pong factory. Today, unsurprisingly, it's home to luxury loft apartments. This one is a two-bedroom, two-bathroom duplex with a whole lotta space—1,200 square feet to be exact—that also comes with its own private roof deck. The listing calls it "quintessential loft living" and we'd have to agree, with the high ceilings, spiral staircase and big windows. Its asking price? $1.1 million.
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Distinctive Homes

August 27, 2015

REVEALED: First Look at Thor Equities’ Retail Jewel Box in Williamsburg

By Ondel Hylton

Last August, Joseph Sitt's Thor Equities purchased a string of Williamsburg properties for nearly $22 million with the intent of replacing the gritty row with a 10,000-square-foot retail jewel box. Now, Thor's website gives us our first look at what the prime property at the southeast corner of Berry and North 6th Streets may hold. The two renderings presented of 124-136 North 6th Street reveal a sleek, two-story building clad in brick and glass that could potentially house a half-dozen boutique retailers. According to the Observer, who first reported the deal last October, Thor is seeking a retail showroom and/or restaurant tenants. Above the spaces, the building may be topped with a gardened roof deck enclosed in trellises.
More details

August 26, 2015

A Glassy, Modern Single-Family Home Asks $12,000 a Month in Williamsburg

By Emily Nonko

If historic townhouses are not your thing, this single-family home has gone the modern route. Built in 2006, it's a 1,000-square-foot, four bedroom home located at 257 Berry Street in Williamsburg. The exterior is, of course, plenty glassy, and the interior is a more modern take on Williamsburg's older loft apartments. It is now on the rental market asking $12,000 a month.
Take a tour

Distinctive Homes

August 25, 2015

Experience Brooklyn Townhouse Living Without the Commitment in This Pretty Cobble Hill Rental

By Michelle Cohen

If you've ever harbored a certain kind of Brooklyn townhouse fantasy–but aren't ready for the responsibility (or the mortgage)–this is about as close to the dream as it gets. And though it might require a tiny bit of imagination (picture it with furniture!) this just-renovated triplex rental at 198 Warren Street checks all the boxes--charming restored original details, five bedrooms (though one is tiny) if you've got a big family or just want to share the rent, 2,500 square feet of living space, a brand-new kitchen, central A/C, and outdoor space. And you're in one of Brooklyn's most desirable enclaves in Cobble Hill on a picture-postcard block near, as the brokers say, all.
Check out the historic interiors, this way

Distinctive Homes

August 24, 2015

Should Poor Neighborhoods Stay Poor to Avoid Gentrification? Mayor De Blasio Speaks Out

By Michelle Cohen

Recently on the Brian Lehrer radio show on WNYC, Mayor De Blasio addressed questions about the effects inclusionary development–i.e. giving developers the green light to build market rate housing if they set aside 25-30 percent of the units for low- and middle-income residents–has on the quality of life in lower-income neighborhoods. A growing concern among housing activists is that reliance on this kind of inclusionary zoning leads to gentrification that pushes out the lower income residents due to the 70-75 percent of market rate units bringing new, wealthy residents and new businesses that will cater to them.
Hear what the mayor has to say

Affordable Housing

August 24, 2015

Top Design Pro’s Impressively Renovated Bed-Stuy Brownstone Asks $2.375M

By Michelle Cohen

This townhouse at 806 Greene Avenue may not make much of an impression from the outside–though it sits on a pretty, historic block in the neighborhood's Stuyvesant Heights district–but a top NYC designer-helmed renovation and a double duplex layout may be what it takes to move this four-story, two-family brownstone at what would be one of the neighborhood's highest-priced trades to date if it gets its current ask of $2.375 million. At 18 feet wide (2,709 square feet total), it's a little on the narrow side, but there's plenty of space in both units by NYC standards. What makes us sit up and take notice is the sexy renovation by the home's current owner, Siobhan Barry, a partner at high profile design firm ICRAVE, whose work includes this modern Hamptons pool house and dozens of buzzy commercial projects like the W Hotel VIP lounges, Delta Airlines terminals at LaGuardia and JFK, the JetBlue terminal at JFK and jet-set nightclub Lavo, to name just a few.
Tour the townhouse here...

Distinctive Homes

August 24, 2015

The Significance Behind the Flag Atop Cobble Hill’s Trader Joe’s; Hold the Phone – Cinnabon Now Delivers

By Alyssa Alimurung

Have you ever noticed the flag atop Trader Joe’s in Cobble Hill? Here’s the reason why the chain store flies the flag. [DNAinfo] Feeding your suburban-mall-food craving, Focus Brands (parent company to Carvel, Cinnabon and Auntie Anne’s) will now be delivering in the city starting this week. [CNN Money] A timeline of how Empire Stores went […]

Uncategorized

August 21, 2015

Modern Magpies and Hipster Hoarders Will Flock to This Greenpoint Dream Loft

By Michelle Cohen

So we’re guessing there are several kinds of people this rental listing will appeal to. First, if you've been planning to film your pilot episode of “Hipster Hoarders,” your search is over. Lovers of real industrial lofts, log cabins, treehouses, birdhouses, she sheds, cowboy camping, glamping or pods in your living room: This one will go fast! In all seriousness, this 1,400 square foot three-bedroom (or whatever room you need!) loft that’s renting for $4,600 a month might not be a bargain, but it's a decent amount of lovely Greenpoint space. And if you're into lofts (and assuming this is actually a legal dwelling. Or a semi-legal dwelling with good karma), the possibilities are endless. This lovely loft is in a terrific neighborhood, near the waterfront and surrounded by cafes, quirky boutiques, bars both chic and chill, the ferry, the G train, picturesque streetscapes and lots of friendly neighbors in their super-cool cowboy-treehouse lofts. We're hoping the current tenants have found a new dream home, because clearly this listing is an invitation to Live the Dream.
This way to curated chaos

August 21, 2015

Model Agyness Deyn’s $3.6M Former Williamsburg Loft Has a Tax Bill of Just $24 a Year

By Michelle Cohen

A renovated 2,911 square-foot corner loft in Williamsburg's Mill Building at 85 North 3rd Street just hit the market for $3.6 million. The spacious loft condominium with dramatic open spaces and original details is the former home of Brit model Agyness Deyn, who bought the Northside pad for $1.97 million in 2008 and sold it in 2012 for $2.175M. New owners have given it a rustic-luxe update and hope to keep the upward trend going, with a current ask of $3.65 million. An expensive loft in the 'burg wouldn't faze us, (and the building has an impressive menu of amenities–doorman, garage, roof deck–for a loft), but the tax bill was a shocker: Taxes on the pricy pad are a mere–as per the listing–"unheard-of $24 a year," due to a J-51 exemption and tax abatement in effect until 2025.
Find out why the taxes are so low

August 20, 2015

Three-Bedroom Apartment with Prewar Details Asks Just $4,400 a Month in Brooklyn Heights

By Emily Nonko

Is this three-bedroom rental, at 311 Henry Street in Brooklyn Heights, cute enough for you? It's located in a brick prewar building just north of Atlantic Avenue, so the apartment interior has plenty of prewar details as well. The rent of $4,400 a month is not all that bad given the amount of rooms and the prime Brooklyn Heights location. Seems like this apartment would serve well as a sophisticated, grownup roommate share.
See the bedrooms

Distinctive Homes

August 19, 2015

REVEALED: Bland Apartment Tower Replaces Karl Fischer’s Indigo Hotel Design in Downtown Brooklyn

By Ondel Hylton

Yesterday, we reported a staggering 22,000 residential units are on their way to the northern end of Brooklyn by 2019, 6,412 (29 percent) of which are slated for the half-square mile neighborhood of Downtown Brooklyn. Now, we have our first look at a small chunk of that count: a 105-unit residential building under construction at 237 Duffield Street, in the heart of the borough's central hub.
Find out more here

August 19, 2015

Supermodel and Daughter of Zipcar Founder, Cameron Russell Scoops Up a $1.5M Bed-Stuy Townhouse

By Annie Doge

Victoria's Secret model, TED Talk speaker, burgeoning media mogul and daughter of Zipcar founder Robin Chase, Cameron Russell has just scored herself a cover-worthy townhouse in Stuyvesant Heights. According to city records filed this afternoon, the model dropped $1.522 million on the home, paying a tad more than the original ask of $1.45 million. Featured on 6sqft previously, the three-story, multi-family property was given an update back in 2011 and boasts high-end renovations, beautifully restored details and all the Brooklyn brownstone charm one could ask for. There's even a solar array topping off the structure and a large garden to boot!
Have a closer look inside

Park Slope Pavilion Condo Plans Met With Resistance From Neighbors, Landmarks Commission

Rendering of Hidrock Realty’s proposed design for a five-story residential building next to the historic Pavilion Theater.

August 19, 2015

Park Slope Pavilion Condo Plans Met With Resistance From Neighbors, Landmarks Commission

By Michelle Cohen

Hidrock Realty, developer of a five-story condo building next to the historic Pavilion Theater on Prospect Park West, was told by the Landmarks Preservation Commision to make changes to the proposed design after neighbors expressed concerns, DNAinfo reports. Park Slope neighbors in attendance at an LPC hearing Tuesday voiced disapproval for the Morris Adjmi-designed five-story beige brick residential building, fearing that it would "open the door to out-of-character development up and down Prospect Park West."
Find out what the neighbors are afraid of

Google Earth rendering of the new residential buildings going up in Downtown Brooklyn, via CityRealty

August 18, 2015

22,000 New Apartments Coming to Northern Brooklyn by 2019

By Dana Schulz

We recently reported that New York City was entering its biggest building boom since 1963. Building permits rose 156 percent over the last year, accounting for 52,618 new residential units. If that number seems large to you, keep in mind it's spread over the five boroughs, including the supertall towers of Manhattan. But a new report from CityRealty shows that northern Brooklyn alone with get 22,000 new apartments over the next four years. According to the report, which only looked at buildings with 20 or more units, "around 2,700 new units are expected to be delivered in 2015. That number will nearly double in 2016, when approximately 5,000 apartments will be ready for occupancy." The majority of these units, 29 percent or 6,412 apartments, will come to Downtown Brooklyn, followed by Williamsburg with 20 percent or 4,341 units.
More on the Brooklyn building boom

Real Estate Trends

August 18, 2015

‘Exceptional Quirks’ and Reclaimed Materials Abound in This Historic Williamsburg Church Conversion

By Michelle Cohen

One of the neighborhood's oldest landmarks, the Saint Vincent De Paul Church at 167 North Sixth Street in Williamsburg's uber-trendy North Side was recently converted into 40 rental apartments known as the Spire Lofts. We know that converted churches get people's attention at the very least–but like many historic building conversions, they can be a disappointment. The apartments here don't try to be especially historic–but the interiors differ somewhat from the usual boilerplate rental "lofts" that tend to spring up like weeds in North Brooklyn. The building's recently-listed batch of two- and three-bedrooms ranges from $6,400 to $8,000 (the spoken-for one-bedrooms started at $4k), so they're pricey. The interiors are somewhat innovative, though. The listing promises "...modern details and state-of-the-art finishes [that] blend flawlessly with expertly salvaged materials, including original exposed brick, reclaimed Heart Pine pillars and beams, arched stained glass windows, custom steel work and exceptional quirks around every corner." On the down side, there's no floor plan and no mention of square footage.
Take a look at the loft-style interiors, this way

August 18, 2015

The Final Design of Extell’s Nordstrom Tower Still Undecided

By Diane Pham

Back in May it was reported that the official rendering for Extell's Nordstrom Tower—a.k.a. Central Park Tower, a.k.a. NYC and the country's future tallest tower (by roof height)—had finally been released by the developer, showing a glassy construction rising 1,523 feet from its 217 West 57th Street address. But now comes news from The Post's Steve Cuozzo that the tower's final design is actually "still up in the air."
Find out more here

August 18, 2015

Vote to Bring the East River Skyway to SXSW 2016!

By Alyssa Alimurung

These are the facts: NYC subways still run on 1930s technology, the delays are getting longer, and there’s no stopping the residential development boom happening not only in Manhattan, but also in Brooklyn. If you’ve commuted from Brooklyn to Manhattan (and vice-versa) during rush hour you know that the subway ride is a nightmare. That's why we need the East River Skyway, an aerial gondola system that would run along the Brooklyn waterfront and into Manhattan, bringing commuters over the river in just 3.5 minutes. The project is being led by Dan Levy, the president and CEO of CityRealty* and a Williamsburg resident, who noticed while skiing how quickly gondolas moved and how comfortable they were. He has spent several years investigating the technology and completed preliminary studies to see what it would take to adapt a similar system to meet the needs of New York City. What he found was that implementation would be relatively inexpensive and quickly deployable.
Learn how you can help

August 18, 2015

Revel in Greenery at the Front and Back of This Fort Greene Townhouse Rental

By Emily Nonko

When it's summertime, New Yorkers all make the decision to spend as much time outside as possible. In parks, on roofs, in backyards, wherever—and it's especially nice if you have your own private outdoor space to enjoy. Even better than that? When there's also a park within walking distance of your house. This apartment rental, at 150 Dekalb Avenue in Fort Greene, has all the outdoor bases covered. It's got a big private porch and backyard, and it faces Fort Greene Park. For all that greenery, it's going to cost you $5,000 a month.
See inside

Distinctive Homes

August 17, 2015

NeighborhoodX’s 3D Map Reveals the Blocks Where Real Estate Prices Are Soaring

By Diane Pham

Click for the expanded version >> We all have a pretty good idea which NYC neighborhoods command top dollar, but this incredible 3D map from NeighborhoodX really puts things into perspective by pinning the city's 325 neighborhoods against one another in a visually jarring side-by-side comparison. Among the most expensive? For Brooklyn, Gravesend beats out our best guess of DUMBO/Brooklyn Heights with its enclave of multi-million dollar, over-the-top mansions; and in Manhattan, Billionaires' Row rises as a whole other beast with prices soaring as high as its supertalls.
get a more detailed look here

Real Estate Trends

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