Sustainable Development in Red Hook


added value
Only the Blog Knows Brooklyn wrote an interesting profile of sustainable development group Added Value yesterday. The Red Hook-based organization grows “fast crops” in their garden atop an old baseball field in Coffey Park. They train youngsters in farming and environmental issues, selling the fruits of their labors at the Red Hook farmer’s market. Funnily enough, the group’s gardens are right across the street from where the Ikea store will be.
Sustainable Future [OTBKB]
Homepage [Added Value]

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House of the Day: Antebellum Glory


antebellumOur heart skipped a beat when we saw this listing. We have no idea how it escaped our notice at the end of last week–it must have been added after we did our Open House picks. Anyway, it’s not often you see one of these old mid-19th century frame houses on the market. The listing says Clinton Hill but doesn’t give a street (Argghh!), but we suspect it’s probably Eastern Fort Greene, somewhere like Clermont. At first glance we thought the asking price of $1.75 million looked low but then realized we might be letting our excitement over the house’s special exterior architecture get the best of us, so we looked at the rest of the interior shots. Nothing special shown but certainly not bad. And as partial as everyone knows we are to the area, this still looks like a great deal to us compared to something like yesterday’s dinky $2.15 million offering in Park Slope. Just no comparison really. We’ll be interested to see if everyone thinks we’re overly enthusiastic on this one, though we suspect the market will bear us out. Accuse us of boosterism if you must, but we bet this’ll be another 41 Monroe with multiple bids over the ask.
Clinton Hill Antebellum [Location Location Location]

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Ikea Misrepresenting in Court, Blog Says


The folks at Big Cities Big Boxes are none too pleased about the lawsuit against Ikea getting rejected. According to BCBB, Ikea has purposefully overstated the unemployment situation in the area to push their case:

Ikea claimed that unemployment among racial minorities in Red Hook was epidemic. Ikea systematically incited racial divisiveness in the community, but its claims about unemployment were simply false. As revealed on the blog BigCitiesBigBoxes, publicly available evidence proves that Ikea secured City Planning Commission approval for the gigantic Ikea-Red Hook big box store by misrepresenting the number of unemployed residents of Red Hook Houses, a public housing project. Ikea stated, misleadingly and repeatedly, that there is a twenty per cent unemployment rate at Red Hook Houses, the local public housing project, which as of the Year 2000 census had 7,278 residents, most of them African-American. The records of the Department of City Planning, however, show that in fact there were only 568 unemployed persons of working age in Red Hook Houses as of the 2000 census, not 1456, as Ikea’s arguments suggested. In addition, hundreds of retail jobs are already available within walking distance of Red Hook Houses, at Lowe’s and Home Depot, and another 200 union jobs will be available when Fairway opens.

Press Release: Ikea Lied [Big Cities Big Boxes]

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Ikea Lawsuit Rejected


June 30, 2005, NY Times — Ruling in a lawsuit against a proposed Ikea furniture store in Red Hook, a state judge has upheld the city’s approval of the project. The decision, by Judge Karen S. Smith of State Supreme Court in Manhattan, was dated Monday but released yesterday, and it completes the public review part of the development process. The company still needs permits for work on the Erie Basin waterfront from the State Department of Environmental Conservation and the Army Corps of Engineers. The lawsuit sought to void several land use approvals, declare zoning changes for the project illegal, and block construction. The suit contended that the company’s plans for a 346,000-square-foot store with 1,400 parking spaces on a 22-acre site would overwhelm the neighborhood.
Metro Briefing [NY Times, 2nd Item]
Judge Axes Ikea Foes’ Suit [NY Daily News]

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The Roanoke: Sign o’ the Times


lafayette
Set Speed points out the recent ad on Craigslist for the new-and-improved Roanoke apartment building on the corner of Lafayette and South Oxford. Gone are the days of double-parked drugged dealers. One reader comments:

I noticed something was going on with that property, but have to say i’m shocked. Somehow I thought the Roanoke would always be gentrification-proof. Interestingly enough, this building was renovated approximately 15-20 years ago following a gigantic fire that nearly burned it down. But many of the units didn’t sell, the bank foreclosed, and the occupants were stuck in a building that quickly became worthless as the utilities stopped functioning. Soon after came the squatters, and then the above-mentioned luxury cars, etc. Let’s hope they have better luck this time around.

We bet they will.
Revitalization of the Roanoke in Ft. Greene [Set Speed]
The Victorian Homes of Flatbush [Set Speed]
Fort Greene’s Luxurious Condominiums [Set Speed]

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LPC Sends Praedium Back to Drawing Board


Developers of the Candy Factory building at 20 Henry Street in Brooklyn Heights have been sent back to the drawing board by the Landmarks Commission. The LPC was concerned that the proposed nine-story addition would compromise the original modernist design from when the building was originally converted into artists’ lofts; in addition, they were concerned about views of the unique garden design being obscured. The building has attracted significant attention of late: The former owner bought out of the Mitchell-Lama program two years ago and the current owner, The Praedium Group, has already begun evicting tenants in preparation for the obligatory luxury condominiums.
LPC Sends 20 Henry Back to Drawing Board [Brooklyn Eagle] GMAP

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553 Madison Open House Recap



Did anyone make it to this open house last night? This looks like one of those listings that will be in the sweet spot for a lot of our readers. Not enough pics on the website to get a great feel for it, but at $735,000, we bet it will get a lot of interest.
553 Madison Street [Corcoran] GMAP

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Brit None Too Fond of Bed Stuy


In an article on the impending bursting of the bubble in New York real estate, Sunday Times (UK) columnist Dominic Rushe manages to make a rather offensive comment about the borough which he is temporarily calling home:

I now live in Williamsburg, a horrifically trendy part of Brooklyn. I moved here because it was cheaper, slightly, than where I lived in Manhattan. Now warehouse properties here are selling for as much as flats in Tribeca. Prices are even going through the roof in Bed-Stuy, a horrible and inconvenient area of Brooklyn with some lovely buildings and a nasty crack habit.

Nice. Real nice.
Big Apple Homes Ripe for Fall [Sunday Times UK]

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Thursday Photo of the Day



Burg Bridge from Navy Yard. Photo from Satan’s Laundromat

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House of the Day: Attractive Mid-Slope Miniature


Here’s a new listing in Park Slope from Prudential Douglas Elliman for $2.15 million. This is a charming house to be sure, with original moldings and wide floorboards among other details, but its small size (2,650 s.f.), sunken English basement and Sub-Sixth Avenue location make us question whether over $800 a foot is too much for this puppy. The 2-family, 3-story brick house has an attractive garden as well, but that also looks on the small side. We’re not deeply entrenched enough in the Park Slope market, though, to completely write this off. What do others think? Anything on this block sold in recent memory?
Bergen Street [Prudential Douglas Elliman] GMAP

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Development at Ocean Parkway and Lawrence Ave



As of a couple of weeks ago, the development at 702 Ocean Parkway was topped out and the facade was partially complete. A contributor to the Wired NY Forum on Brooklyn development dug up this rendering of the project. Anyone know who the developer is or who’s marketing it?
702 Ocean Parkway [Wired NY Forum] GMAP

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Salvage: Schoolhouse Sink at Moon River Chattel



When we were at Moon River Chattel on Saturday scoring a set of late-nineteenth century five-panel doors, we saw this cute double-faucet schoolhouse sink. Granted we’re biased having selected a similar one for our kids’ bathroom, but we think these are a great touch. At $325, this is also a good deal cheaper than the one we bought last fall when we were but a novice at all this salvaging stuff. Live and learn. Moon River Chattel is at 62 Grand Street in Williamsburg. Telephone: 718-388-1121.

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“Brooklyn” 101st Most Popular Name Last Year


The Brooklyn boom is extending beyond real estate and professional sports teams. Last year, 3,211 babies were given the name around the country, making it the 101st most popular name of 2004. In Utah, it came in at Number 8, beating out such perennial faves as Elizabeth, Sarah, and Ashley. The popularity of the name comes six years after Posh Spice and David Beckham named their son after the borough in which he was conceived. As for the Bronx and Queens, they’re not even close to cracking the top 100.
Brooklyn, Utah? It’s a Popular Name [Salt Lake Tribune]

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Business Week on the Bubble Question


Business Week tackled the bubble question last week. One of the experts interviewed was Frank Nothaft, chief economist, Freddie Mac, whose view, we’ll admit, should be taken with a grain of salt given the vested interest his employer has in keeping the party going:

Housing is local, local, local by nature, and it’s the local economy driving valuation of a home. The large markets people think about — New York, Boston, San Francisco, Los Angeles, and Washington D.C. — where we’ve seen double-digit home-value gains in the last three or four years, are driven by economic growth and rising family income, coupled with a 40-year low in mortgage rates. I would worry about local markets that have weak economies, where the unemployment rate has gone up over the last couple years, or where we have begun to see a bit more of a speculative fervor (by that I mean: A lot of investor vs. owner-occupant purchases).

Comment: New York economy seems okay and very low investor-to-owner ratio.
Housing Bubble — or Bunk? [Business Week]

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Blimpie Foes Aim to Deflate Plan


June 29, 2005, NY Daily News — Residents in trendy Fort Greene are waging war against a new Blimpie set to open on a leafy stretch of Lafayette Ave. Home to bistros, brownstones and mom and pop shops, there is something the now high-end neighborhood doesn’t have – national chains. “We don’t want fast food,” said Zach, 30, leading the anti-Blimpie charge. Zach didn’t want to give his last name. Over the weekend, Zach and his supporters distributed 5,000 flyers asking residents to block the fast-food invasion. “This is bigger than just stopping a Blimpie,” Zach said. “We don’t want our neighborhood to turn into a food court.” The new sandwich shop is scheduled to open by the end of the summer at 64 Lafayette Ave., the former site of a video store.
Blimpie Foes Aim to Deflate Plan [NY Daily News]

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Wednesday Links



Summer Relief. Photo by Brownstoner.
Corrupt Co-op Manager in Bay Ridge [NY Daily News]
Race to Fix Subway Wall in B’hurst [NY Daily News]
Court Street Bakery Blues [NY Daily News]
Joining of Hands on Ratner’s Site [NY Daily News]
Supreme Court Decision Impact on Ratner [Brooklyn Eagle]
Where Are Rates Headed? [Bankrate]
Remodeling Projects That Pay Off [Real Estate Journal]
HUD to Start Over on Mortgage Reform [Journal Sentinel]
Flatbush BBQ Scene in Crisis [Daily Heights]
Blimpie Backlash in Fort Greene [Set Speed]
Living with Art: Emerging Artists [Apartment Therapy]
Focus: Student Design [Design Sponge]

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Recently on the Reno Blog: Rental Bathroom Tiles



The tiles were laid in the bathroom of the rental apartment at the end of last week and the grout is being applied today. That and our guilty conscience about not being able to preserve the lincrusta in the front hall on the Reno Blog.
Tiles and Lincrusta [Renovation Blog]

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Salvager: 66″ Clawfoot Tub by Owner



The owner of a house in Bed Stuy is looking to unload this old five-and-a-half foot clawfoot tub. Asking Price: $300. Contact: sevenleeps@yahoo.com. More photos and dimensions in the Forum listing.
Old Clawfoot Tub [Brownstoner Forum]

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House of the Day: What’s the Catch in Boerum Hill?


We could use some help getting our arms around this one. While on the small side, this Boerum Hill house has a charming exterior and retains plenty of its original detail on the inside–although it’s hardly in perfect shape. Even if the floorplate were only 800 square feet (which you’d never know since the listing provides pathetically little information), the asking price of $895,000 implies a valuation of less than $400 a foot. We’re thinking the location must stink or someone would have snatched this up as a cute starter home already. What gives? We’re hoping the locals can tell us where this is exactly.
Boerum Hill House [Cobble Heights, #5233896]

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Architectural Detail in Williamsburg



Despite its reputation as an industrial wasteland, it’s amazing how much beautiful architectural detail exists in Williamsburg if you keep your eyes open. This doorway, for example, at 378 Wythe Avenue between South 3rd and South 4th Street is lovely in its relative simplicity (though it could use a new door). According to Property Shark, the house was built in 1899–we can only assume the doorway is original to this year. Like many of the brownstones in the area, it has a modest 20′x40′ footprint. Currently configured as a three-family, the house has no juicy mortgage or sales figures available. GMAP

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