Back in 2012, Chinese company Xinyuan Real Estate Co. purchased a $54.2 million, 92,000-square-foot, Kent Ave. site in Williamsburg for its first development in the U.S. — which they said, of course, would be slated for a luxury condo building. Now it looks like their dev team is ready to kick it into high gear and Xinyuan has enlisted the help of Fortress Investment Group in the form of a $165 million loan. An interestingly enough, the project is the beautiful Oosten condo development designed by Dutch architect Piet Boon.
Chinese Property Company Taps Fortress Investment Group for $165M for the Oosten Williamsburg Condos, Wed, June 11, 2014
When this steam factory was built in 1900 one might have been hard-pressed to convince anyone it would house elegant loft-style living over a century later — with a monthly rent nearly 8x greater than what most New Yorkers made in a year! Preposterous!
Yet, here we are in 2014, totally bowled over by this simply gorgeous Williamsburg penthouse at 500 Driggs Avenue in the heart of the North side.
There’s no doubt this apartment knows what its best asset is: it’s her eyes. The two-story unit features a wall of windows offering amazing views and flooding the sizable living room with light. 52 Ten Eyck Street #3B has a Swedish feel with its Nordic minimalist design. The kitchen marries stainless, wood and granite in a sleek and modern way, and it includes a dishwasher, a luxury a true New Yorker appreciates. And speaking of New York luxuries, this 1,100-square-foot, 2BR/2BA pad comes equipped with a washer and dryer, so you can put those quarters away. The main level also has a spacious master bedroom with a giant window boasting southern vistas and legroom for a large bed and furniture.
Once upon a time there was a scrappy little warehouse district in Brooklyn that birthed some of the largest industrial firms in the nation: Pfizer Pharmaceuticals, Astral Oil (later Standard Oil), Brooklyn Flint Glass (later Corning Ware) and the Havemeyer and Elder sugar refinery (later Amstar and Domino), to name a few. And along the waterfront, among the docks, shipyards, mills and refineries, breweries such as Schaefer, Rheingold and Schlitz dotted the landscape.
While many of the factories still stand, most have been converted to luxury residential buildings, with Northside Piers being the very first residential development at the waterfront of Williamsburg.
Toll Brothers’s full-service condominium takes full advantage of its location, offering residents a 400-foot-long recreation pier and stunning views of the New York City skyline. And this rare-to-the-market Two Northside Piers 4-bedroom, 3.5-bathroom duplex penthouse at 47 North 4th Street, with two large balconies, is just as dazzling.
What kind of apartment needs custom blinds from the Shade Store? The kind with floor-to-ceiling windows flooding the unit with light! And we’re not talking any standard floor-to-ceiling windows. Architect Michael Muroff decided to throw us a beautiful curve ball by designing a wall-sized window in the living room accented with a giant, skylight – or more appropriately, an angled ceiling of windows. The result is a living space you could practically sunbathe in.
An abundance of light isn’t the only thing 149 Skillman Avenue #4B has to offer. The 1,070-square-foot, 2BR/2BA unit has a few other surprises, including a steam shower and a private roof deck with a gorgeous view of the Manhattan skyline. That means a spectacular show for the apartment’s residents when the 4th of July fireworks return to the East River for summer 2014.
Williamsburg, Have You Had Work Done? Google Maps Street View Shows Us How Much the Neighborhood Has Changed Since 2007, Tue, May 13, 2014
For some longtime Williamsburg residents, the neighborhood already exhibits twilight-zone-like traits—the massive gentrification, glass waterfront towers, and skyrocketing rents—but the new Level Hotel planned for 55 Wythe Avenue is a literal translation of these possible feelings with its space-ship-looking design.
Prolific artist, and Banksy-homage payee, Kara Walker will be kicking off her new show at the Domino Sugar refinery on Saturday, May 10th. Walker, who is best known for creating room-size tableaux of black cut-paper silhouettes that explore everything from race, gender, sexuality, and violence, will take over the 90,000-square-foot space for what’s to be her first large-scale public installation.
No specifics or images of the work have been released yet, but her press release notes that the installation at Domino “will explore a radical range of subject matter, including but not limited to the history of sugar and its many implications.” Don’t miss out on your chance to see what is sure to be an arresting installation — and the interior of a historic building that will soon be transformed.
Two Trees Management’s sweet deal with the city for the former Dominos Sugar factory site could cause a toothache for the City Council and local residents. The historic complex, with its charming yellow sign, has been part of Brooklyn’s landscape since 1882, when it opened as the largest sugary refinery in the world. Now plans for the 2.2 million-square-foot multi-use project, designed by SHoP Architects, are causing concern that it could house more people than the Brooklyn neighborhood can handle.