Real Estate Wire: Bed Stuy Getting 50 New Condos; Brooklyn’s Tallest Building Killing It in Sales

Posted On Tue, June 24, 2014 By

Posted On Tue, June 24, 2014 By In Real Estate Wire

We roundup today’s residential real estate news highlights for one digestible bite:

  • Bed Stuy is getting a brand new 10-story mixed-use building complete with 50 apartments [Brownstoner]
  • NYC gets a rent hike! Of 1%… The lowest ever recorded [New York Post]
  • South Slope’s newest condo development just placed its units on the market. The cheapest is going for $725,000 and the steepest $1.2 million [Brownstoner]
  • Evil be gone: A 206-year-old church is trying to stop Extell’s plans to build a 14-story condo on their site, saying they won’t be “walking doormats” [NYT]
  • Sales are soaring at Brooklyn’s tallest tower, 388 Bridge. Just 16 days after launching sales, more than 40% of the 104 condominiums have been snatched up [Crain’s]
  • Four Winds Real Estate wants $35 million for a LES rental building they bought for $19 million last year [The Real Deal]
  • JDS is bringing an 11-story mixed-use project to Boerum Hill. 47 residential units and over 3,000 square feet of commercial space are planned for 613 Baltic Street address [The Real Deal]
  • Pricing and floor plans for the Thomas Juul-Hansen-designed penthouses at 505 West 19th Street near the High Line have emerged [Curbed]

Bed Stuy’s new building (left); Brooklyn’s tallest tower (right)

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