Search Results for: Brooklyn Heights

February 4, 2015

Brooklyn’s Most Expensive Listing Ever: A $40 Million Mansion with a Mayoral Past

There's no shortage of beauty inside, out, or around this stunning Brooklyn Heights mansion which has just hit the market for a record $40 million—the most expensive residential property ever listed in the borough. While that amount may make our mere mortal hearts skip a beat, the price tag is certainly warranted when you consider the following: It encompasses 17,500 square feet, there are 15 bedrooms, 16 bathrooms, and more than 9,000 square feet of garden and outdoor space, and it boasts enough original details to make even the biggest history buff's head spin. As the listing so aptly states, "Much like a long awaited centennial celebration, a residential sale of this magnitude comes around very seldom, and when it does, quite often history is made."
Tour the spectacular $40M home here

January 22, 2015

Enjoy the Ultimate Brooklyn Loft Experience in This $2.3M Ensemble Architects-Designed Duplex

By Aisha Carter

On a gorgeous, tree-lined street in Brooklyn Heights lies this fully-renovated apartment at the top of the landmarked former YMCA building at 62 Joralemon Street. As we wrote about in September, the loft-style duplex was given new life by Elizabeth Roberts of Ensemble Architects, who used a combination of salvaged and new materials to create the ultimate Brooklyn pad. And it can now be yours for $2.295 million.
Let's take a look

Distinctive Homes

Get ‘Em While They’re Cheap: A Look at Crown Heights Real Estate Past and Present

Image via the Historic Districts Council

January 21, 2015

Get ‘Em While They’re Cheap: A Look at Crown Heights Real Estate Past and Present

By Lauren Price

What once seemed unheard-of in terms of where to rent or buy in tertiary neighborhoods is now a thing of the past—be it Harlem, Williamsburg, Hell’s Kitchen, Long Island City, or the Lower East Side. But one of the best examples of rapid transformation is Brooklyn. Certainly there are many coveted communities such as Brooklyn Heights, Prospect Heights, and Park Slope, but there is another neighborhood making what looks like a very successful run at gentrification: Crown Heights.
More on the Crown Heights renaissance here

Goldilocks Blocks: Lowry Triangle in Prospect Heights, Where the Gritty Meets the Gentrified

Between hyper-developed hotspots, main drags in up-and-comers, and those genuinely avoidable areas, there can often be found a city’s “just-right” zones. They aren’t commonly known, but these micro-neighborhoods often hide within them real estate gems coupled with perfectly offbeat vibes. Continuing our Goldilocks Blocks series, this week we look at Lowry Triangle in Prospect Heights, Brooklyn.

January 20, 2015

Goldilocks Blocks: Lowry Triangle in Prospect Heights, Where the Gritty Meets the Gentrified

By Michelle Cohen

It’s...gritty. But it’s Prospect Heights. Anchoring an oddly magical Brooklyn crossroads where Prospect Heights, Crown Heights and Clinton Hill meet, bisected by noisy, gritty Atlantic Avenue, Lowry Triangle and its surrounding blocks form a literal mashup of three neighborhoods, all of which began hitting their gentrification strides at slightly different times. On a map it’s legitimately Prospect Heights, whose border is a block to the east at Grand Avenue. It’s a small but decidedly cool zone, open and semi-industrial, where old brick buildings share space with a growing number of sleek, modern boutique condos, compact cubes fronted by vast expanses of glass; a fascinating juxtaposition of old and new.
What you might not notice if you're just passing through

January 14, 2015

Affordable Brooklyn Fading: Last Chance to Buy a Home Under $1M in Areas Like Bed-Stuy and Bushwick

By Diane Pham

If you've been looking to buy a home in Brooklyn, you'd better do it now–because townhouses under $1 million are going fast as investors and house hunters turn to the likes of Bushwick, Bed-Stuy, Prospect-Lefferts Gardens and Crown Heights for cheap buys after being priced out of other areas in the borough. The news, which comes via DNA Info, isn't all that surprising, as we reported just yesterday that $3 million-plus townhouses are becoming the norm in already-gentrified neighborhoods like Boerum Hill, Brooklyn Heights and Park Slope. But those mulling over whether or not to close on a home in an up-and-coming neighborhood had better make the move, because affordable townhouse listings are increasingly becoming few and far between.
Find out more here

Real Estate Trends

January 13, 2015

Paying $3 Million-Plus for a Brooklyn Townhouse Is Now the Norm

By Diane Pham

Brooklyn's real estate market is hot, but the market for historic townhouses is searing. Today, the NY Post cites Ideal Properties' latest report which reveals that $3 million-plus townhouse sales in Brownstone Brooklyn and North Brooklyn increased 579 percent in the last five years, and accounted for 9.5 percent of the 1,035 townhouses sold just last year. Record-breaking sales in the last quarter gave the segment its biggest boost, and rising inventory is expected to swell this number even further over the coming year.
Find out more here

Real Estate Trends

January 12, 2015

Minimalist Prospect Heights Carriage House Asks $2.5M

By Aisha Carter

This converted carriage house in Prospect Heights is back on the market with another price drop, this time, asking $2.499 million. The minimalist 22.5-foot wide home has a touch of European farmhouse charm in a raw modern warehouse, with some vintage accents like reclaimed sinks, found antique gates, repurposed mirrored French doors and tin ceilings. Not to mention the fact that the home comes with a private garage (currently being used as an artist studio space).
Take a look inside

Distinctive Homes

January 8, 2015

Rents in Brooklyn Still Up Even with a Boom in New Listings

By Diane Pham

MNS has just released the December rental reports covering Manhattan and Brooklyn. Far from surprisingly, rents were up in both boroughs, each seeing a solid increase year over year. But one finding that definitely stood out was Brooklyn's 9 percent uptick in new listings between November and December 2014. Whether rents will reflect the new inventory the coming months has yet to be seen; November on December figures slow only the slightest decrease with average rents falling from $2,677 to $2,666 (a 0.39 percent drop). Bigger picture figures show that since December 2013, rent prices have increased 3.08 percent rising from $2,587 to $2,667 in December 2014. Brooklyn neighborhoods that did especially well last year included Boerum Hill, which saw an average rent increase of 15.7 percent from $2,668 in December 2013 to $3,088 in December 2014; and Prospect-Lefferts Gardens, which saw a 9.5 percent increase since December 2013—a continuing trend for the nabe. So, is Brooklyn still having its moment?
More details on Brooklyn and the Manhattan dispatch this way

Real Estate Trends

January 7, 2015

Prospect Heights Row House Once Literally “Gone to the Dogs” Is Now Best in Show

By Stephanie Hoina

Like most townhouses of its time, this Prospect Heights abode suffered from what Delson or Sherman Architects referred to as "common row-house ailments." Dark in the middle and spatially flat, coupled with the fact that it had housed a kennel in one of its former lives, this home had literally gone to the dogs in more ways than one. But wait until you see how the firm transformed the Brooklyn house.
From dark and flat to bright and layered

January 6, 2015

Dean/Wolf Architects’ Amazing Brooklyn Townhouse Has an Operable Tetris-Like Facade

By Diane Pham

Fusing indoor and outdoor space is a rare occurrence in places like New York City, where outside real estate rarely constitutes anything more than a 2 foot x 5 foot fire escape. So when the residents of this Brooklyn Heights townhouse moved into their new pad, they knew that their spacious backyard would have to be the star of their home. As such, the Brooklynites called upon Dean / Wolf Architects to take on the task of breathing new life into their townhouse, and by the looks of things, they couldn't have chosen better. Instead of simply employing floor-to-ceiling windows to make the connection, the savvy architects designed an operable, puzzle-like rear facade that allows the home's inhabitants to seamlessly join the indoors and the out with just a few turns of the wrist.
More on the aptly named 'Operable Boundary Townhouse/Garden' here

December 17, 2014

$2.5M Romanesque Revival Rowhouse in Prospect Heights Is Full of Original Details

By Dana Schulz

"I want something with character." This is definitely a line brokers hear all the time. And if their current character-seeking client is looking to move to brownstone Brooklyn, this $2.5 million Romanesque Revival rowhouse in Prospect Heights is the perfect place to satisfy their check list. Located at 268 Prospect Place, the three-bedroom, 2,430-square-foot home was built by William L. Beers in 1899. It's oozing with historic details, including six fireplaces, stained glass transom windows, moldings galore, a carved wood staircase, sand wood floors, original wainscoting, cornices, and shutters.
Tour the historic home here

December 15, 2014

Witness Superb Woodwork from the Days of Yore at This $2.4M Brooklyn Townhouse

By Aisha Carter

Here at 6sqft we have a strong appreciation for all kinds of architecture–both old and new; but the truth of the matter is, they just don’t make homes like this anymore. In September 2013 this two-family home at 398 Sterling Place hit the market, asking nearly $3 million. When its price dropped to $2.79 million a month later, the townhouse was quickly snatched up. Now, the building’s 2,480-square-foot lower duplex is back on the market, touting restored original details and a new and improved reverse floor plan, for $2.39 million.
More pics inside

December 12, 2014

New Yorker Spotlight: Tony Muia Brings Us a Slice of NYC’s Largest Holiday Light Display in Dyker Heights

By Susan Cohen

Each December, New York transforms itself into a metropolitan holiday wonderland. From window displays to the Rockefeller Center tree to the Rockettes, the city is brimming with cheer. But there's one thing missing. Aside from the occasional decorated townhouse, New York lacks the light displays and decked-out front yards that are typically associated with the suburbs. But there is one place where New Yorkers can get their fill of small-town nostalgia, and it's just a quick trip away in Dyker Heights thanks to Tony Muia's bus tour of the "undisputed capital of Christmas pageantry." Inspired by the hospitality he experienced traveling abroad, Tony started giving guided pizza tours of Brooklyn in 2005. He later expanded A Slice of Brooklyn Bus Tours to include neighborhood tours and his famous Christmas Lights & Cannoli Tour, which was featured in a PBS documentary and on TLC. We recently spoke with Tony, the ultimate Brooklynite, about his passion for the borough, A Slice of Brooklyn Bus Tours, and the magic of Dyker Heights.
Read our full interview with Tony

December 8, 2014

Ben Hansen’s Gorgeous State Street Townhouse Brings a Bit of California Modern to Brooklyn

By Diane Pham

Architect Ben Hansen’s State Street townhouse is a contemporary masterpiece located in one of Brooklyn’s most charming neighborhoods. Originally a dated townhome with a dysfunctional floor plan, Hansen used this project as a chance to reinterpret the classic brownstone typology as a modern home suited for a young couple and their three small children. Hansen gutted the interior and joined the parlor floor rooms to create a space that both allows the home's inhabitants to move easily between spaces and enjoy their verdant surroundings from within.
Take the tour here

December 4, 2014

NYC Sees a 24 Percent Increase in Construction Loans, Especially in Brownstone Brooklyn

By Dana Schulz

It's that time again when everyone starts looking back on the year as it comes to a close, but it's also the time to look ahead to the new year. We already know 2015 will bring a slew of new developments to the New York City skyline, and right on trend with that forecast, Bloomberg has reported that construction loans are up 24 percent in the city. On-the-rise neighborhoods like Bed-Stuy and Harlem are being aided by the construction loan boom, especially for the renovation of multi-family buildings. The loans, often well over $1 million, are appealing for gentrifying areas because they usually require borrowers to only begin making interest payments once the renovation is complete. For example, a Clinton Hill resident secured a $800,000 construction loan to renovate a century-old multi-family brownstone and estimates that the value of the home will more than double to at least $2.2 million after the renovation.
More information here

Study Says Brooklyn Bridge Park Towers Will Have Insignificant Environmental Impact

Rendering of the Brooklyn Bridge Park waterfront via Brooklyn Bridge Park

November 21, 2014

Study Says Brooklyn Bridge Park Towers Will Have Insignificant Environmental Impact

By Dana Schulz

Critics of the two new residential towers planned for Pier 6 in Brooklyn Bridge Park have made complaints that the structures' environmental impact needed further analysis, but a new study, completed by environmental engineering firm AKRF and set to be released today by the city-controlled Brooklyn Bridge Park Corporation asserts that the towers' environmental impact will be insignificant. In a statement, Brooklyn Bridge Park said: “After evaluating the potential impacts on 19 distinct environmental categories—including schools, flood resiliency, traffic and open space—and incorporating any relevant updated changes to the project, the environmental regulations and background conditions, the technical memorandum concludes that the Pier 6 uplands project would not have any additional significant impacts.”
More on the planned towers here

Neighborhood Revival: Brooklyn’s Columbia Street on a Comeback

Image: rutlo cc

November 8, 2014

Neighborhood Revival: Brooklyn’s Columbia Street on a Comeback

By Bonnie Clark

It’s not a shocker that some Brooklyn neighborhoods are outselling their Manhattan counterparts. What’s a bit of a surprise is that the Columbia Street Waterfront District, a quirky 22-block enclave wedged between Red Hook and the Brooklyn-Queens Expressway, is one of them. Until recently, Columbia Street was known as a far-flung and largely forgotten strip that fell victim to Robert Moses’s highway expansion project—the BQE—which, when built on a below-ground slice of Hicks Street in 1957, severed the area from the rest of Carroll Gardens and Cobble Hill, breaking up what was then “South Brooklyn” into distinct neighborhoods.
More on Columbia Street's Comeback

October 20, 2014

Churches Across Brooklyn Are Hot to Sell Their Holy Land for Millions

By Diane Pham

In the face of financial pressures, dozens of churches across Brooklyn are looking sell of their holy land in hopes of banking on the conversion trend that's taken the city by storm. According to DNA Info, more than 50 Brooklyn clergy members are looking to develop their land and air rights to offer more affordable housing and other community services. Hundreds of religious leaders attended a recent meeting hosted by Borough President Eric Adams detailing how they could raise money as their shrinking congregations give way to fundraising and budgetary constraints. “You are land-rich but cash-poor. The largest amount of housing potential in Brooklyn lies with you,” Reverend Gilford Monrose, director of the Borough President’s faith-based initiatives, said at the event.
Find out more

Real Estate Trends

September 19, 2014

Brooklyn Loft in a Former Die Casting Factory Gets an Eye-Popping Upgrade by SABO Project

By Diane Pham

We've looked at a number of industrial renovations in the past, but this gut renovation recently completed by SABO Project definitely tops our list as one of the most inventive. The 'Doehler' loft is located within a 1913 building and was first renovated during the 80s. At the time, industrial chic wasn't quite as admired as it is today, and the developer opted to hide all of the structure's original details, encasing the columns and ceilings in lackluster drywall. When SABO took on the project last year, they knew that the home's historic roots as a former die casting factory was the magic of the space, and with that, they stripped the entire loft and constructed modern features that could complement the old.
Explore the incredible home here

September 17, 2014

Highlights: What Real Estate Big Wigs Have to Say About Brooklyn and Its Future

By Carter B. Horsley

Brooklyn real estate is hot, very hot, and there’s no cooling off in sight, according to most speakers at yesterday's sold-out Brooklyn Real Estate Summit, sponsored by Massey Knakal and held at the Brooklyn Museum. From Billy Macklowe to David Shorenstein and Jonathan Rose, get the run-down of what the industry's leading pundits have to say about BK real estate.
What they're saying about Brooklyn here

September 15, 2014

Penthouse Sales Launch at Brooklyn’s Tallest Skyscraper, 388 Bridge

By Annie Doge

Downtown Brooklyn's most talked about new development—and tallest tower—has just announced the launch of its 'Penthouse Collection'. Located at 388 Bridge, 40 penthouses ranging from 1,144 square feet to 2,371 square feet on floors 45 through 53, have been priced at $1.742 million and up. The units offer up 360-degree views looking out to Manhattan, Brooklyn and Queens, and several residences have been set up as duplexes with outdoor terraces.
Find out more here including pricing

August 22, 2014

New Yorker Spotlight: We Visit Lillian Wright of Mimosa Floral Design in her Crown Heights Studio

By Susan Cohen

New York is known for having spectacular weddings of all shapes and sizes at every venue imaginable. Aside from the bride, the groom and the dress, flowers are often the center of attention at these affairs. And if you have attended one such wedding, Lilli Wright's centerpieces may have graced your table. As the owner of Mimosa Floral Design Studio based in Crown Heights, Lilli has become one of the city's most sought after florists. She recently did the flowers for a ceremony at the New York Public Library, and on another weekend she found herself designing flowers for five different weddings. Lilli—whose full name is Lillian—has always had a flower in her name, but it wasn't until a friend asked the then-actress to handle flowers at a wedding that she found her true calling. After a slew of floral-related adventures throughout the city, in 2010 Lilli became a bonafide Brooklyn entrepreneur when she started a flower business right out of her apartment. In June of this year, Lilli opened up a brand new storefront studio on Kingston Avenue. 6sqft recently caught up will Lilli at her Brooklyn studio to find out more about her new shop, Crown Heights' renaissance, and why the New York wedding scene is like no other.
Read our full interview with Lilli here

August 15, 2014

Real Estate Wire: Sales Launch at the Soori High Line Condos; Crown Heights Rents See a Spike

By Diane Pham

Sales have launched at the Soori High Line condos. Three of the building’s 27 units are currently listed, and two of them have heated pools. The cheapest, pool-less unit is asking $3.7M; and the steepest, which comes with a 24-foot-long pool, is asking $10.995M. [Curbed] Rents in Crown Heights have jumped 17.5% in a year. [Brownstoner] […]

Real Estate Trends

August 14, 2014

Extra! Extra! Read All About.…This Exquisite Newswalk Condo in Prospect Heights

By Stephanie Hoina

Built in 1927, 535 Dean Street once housed the printing facility for the New York Daily News. For over 70 years the nightly presses delivered the latest local happenings to millions of New Yorkers in time for their morning coffee. These days, thanks to a 2002 condo conversion, residents can read their morning paper in grand style (though we aren’t sure if the New York Times is permitted on the premises).
Extra! Extra! Read More About It!

Distinctive Homes

August 8, 2014

Humberto Leon is Second Opening Ceremony Cofounder in a Week to Buy a Brooklyn Townhouse

By Dana Schulz

Last week we learned that Opening Ceremony cofounder Carol Lim picked up a $3.43 million Prospect Heights townhouse, and it looks like her partner Humberto Leon got a bit of apartment envy, because he too just purchased a brownstone in nearby Park Slope. The two fashion magnates met 19 years ago at the University of California, Berkeley and have been joined at the hip ever since, turning their brand into an international destination for streetwise style. So it's no wonder that their homes share a few similarities; both are four stories, have picturesque backyard spaces, and retain a good amount of historic details. According to city records, Leon nabbed his new digs at 758 Union Street for the asking price of $2.85 million.
READ MORE

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