A tipster tells us that a three-story multifamily at 71 Stuyvesant Avenue in Bed Stuy has sold for $3,800,000, setting a new record for multifamily buildings in the neighborhood. The property last changed hands for $540,000 in 2010, after selling at a foreclosure auction a few months before, according to public records. The 6,200-square-foot apartment house has 12 units and sits near the corner of Stuyvesant and Dekalb Avenues. Until now, the most expensive multifamily sale was 281 Tompkins Avenue, which sold for $3,300,000 in January 2013.
Whether you just bought a house that was sitting empty for months (or years) or have concentrated on the inside, giving the outside (maybe) a little bit of love once a year, there will come a time when you step out, look at your yard and get somewhat consterned. Bald spots, weed lots, crazy vines, muddy puddles may seem like plant problems, but they are often caused by poor hardscape choices that make maintenance a difficult and lengthy, sometimes impossible, chore.
The first step is to assess recurring issues: Does it leak into your basement every time it rains heavily? Do the plants in that one corner look sickly and die, year after year? Do you never use the steps of a path but rather cut across a planted area, tracking mud in the house? Does weeding take entire weekends that merge into Sisyphean labor? These are all design problems. (more…)
Welcome to the Hot Seat, where we interview people involved in real estate, architecture, development and design. In honor of the Brooklyn Building Awards, we talked with Carlo Scissura, president and CEO of the Brooklyn Chamber of Commerce, which is hosting the awards at the Williamsburgh Savings Bank tonight.
Brownstoner: Where do you live, and how did you end up there?
Carlo Scissura: I currently live in Bensonhurst, the neighborhood I grew up in! I just bought a house in Dyker Heights and will be moving there in the fall. I chose Dyker because it is close to where I grew up, it’s a great community, lots of mom and pop businesses, open space, and close to transportation. It’s a classic New York City neighborhood, with a mix of old and new. (more…)
The ironies of the Mayor’s housing plan are piling up as high as a waterfront luxury skyscraper. Despite the populist rhetoric, the mayor’s plan to build more affordable housing in Brooklyn is a recipe for more development much like Bloomberg’s and will likely accelerate the gentrification of the few low-income neighborhoods still left in Brooklyn, was the conclusion of a deep dive into the subject matter on Gothamist.
Long-time residents of Cypress Hills, East New York, the Atlantic Avenue corridor and other low-income areas targeted by the mayor for rezoning and more affordable housing will not be able to afford these new “affordable” developments, the story concluded. (more…)
The Brooklyn building boom has finally unleashed a slew of new-development condos: The total number of new-development sponsor sales throughout Brooklyn shot up a whopping 84.5 percent in the second quarter vs. the first. Median sales prices for new-development condos increased 19 percent, while the median per square foot jumped 24 percent in the period, according to a report out Friday from real estate firm MNS.
No neighborhood is hotter than Williamsburg, where the median sales price for new developments shot up 52 percent, from $821 per square foot to $1,244 per square foot in the second quarter vs. the quarter before, as DNAinfo was the first to report. The median sale price for a new-development condo in Williamsburg is now $1,770,000. (more…)
The 40-story Oro 2 tower at the corner of Gold and Johnson Streets has been rebranded “BKLYN Air,” and it already has a teaser site listing rents from $2,315. The Ismael Levya-designed, 255-unit project at 309 Gold Street has been in the works for two years, and the building looks nearly finished in these photos a tipster sent to us. (more…)
Williamsburg art collective El Puente Muralistas are exploring the neighborhood’s culture, religion and links to the Caribbean sugar trade in a new mural painted on the Domino Sugar Factory’s northern construction wall. Local residents, teens and elected officials joined the artists in starting the mural, “Past Present Prediction,” Friday afternoon. (more…)
Name: Semi-detached wood framed house Address: 1020 Hancock Street Cross Streets: Broadway and Bushwick Avenue Neighborhood: Bushwick Year Built: 1885 Architectural Style: Italianate Architect: Theobald Engelhardt Other Buildings by Architect: Row houses, free standing mansions, churches, flats buildings, factories, breweries, warehouses and other buildings in Bushwick, Bedford Stuyvesant and Williamsburg, predominantly. Landmarked: No
The story: This house was not owned by anyone famous, and nothing newsworthy happened here. No scandals, no murders, no wayward children or horrible tragedies. There were no big weddings here, or parties, and no one who lived here made more than the average contribution to their communities or country. It’s a completely ordinary house on an ordinary block in Bushwick. And that’s why it’s so beautiful. (more…)
The folks who run Mayfield are busy with renovations at their next venture, a bar with Mexican food truck in Bed Stuy. We wrote about the popular Crown Heights eatery’s plans for 323 Franklin near Clifton back in April. (more…)