$6.4M Loft on the Williamsburg Waterfront Is Rough-Around-the-Edges But Unique Nonetheless
See what investing in Brooklyn's hottest neighborhood looks like
Eldridge Street Synagogue. Image courtesy of ohny
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 turn to Brooklyn.
Robert A.M. Stern, the architect behind 15 Central Park West, is bringing a new 17-story tower to 20 East End Avenue. The building—said to be less pricey than Stern’s others—will have 43 units starting at $4.5M. Penthouses will go for $20M. [NYT] New renderings and listings appear for One John Street. [Brownstoner] East New York’s rapidly rising […]
Three new residential towers are coming to the High Line. [TRD] In what some are calling a PR stunt, the owner of Grand Central has offered SL Green $400 million for One Vanderbilt. [NYT] Manhattan commercial real estate is the top ranked in the country. [AMNY] Ridgewood, Queens, the hot new neighborhood dubbed “Quooklyn,” had […]
A tower unit at 15 Central Park West has sold for nearly $10M, about three times what the owner paid for it. [NYO] The Astoria Cove housing development is required to set aside 20% of its 1,700 units for lower-income residents, but the city may push for as many as 30%. [Crain’s] The Fiscal Policy Institute […]
The state has gotten approval to seize seven sites for Forest City Ratner’s Pacific Park Brooklyn project (previously named Atlantic Yards). Tenants now have 90 days to vacate their units. [DNA Info] The $1B three-tower expansion for Silvercup West is back on track. [Curbed] Most of the world’s billionaires call NYC home. [TRD] Winston Von […]
Three of the 27 apartments at 11 Beach in Tribeca have hit the market. The three-bedroom is going for $5.3M, the four-bedroom $6.65M, and the five-bedroom is priced at $7.75M. [CityRealty] Another HAP building is coming to 247 East 117th Street, but this time Karim Rashid isn’t on the docket to design. Instead, Daniel Goldner Architects will take […]