We got bombarded this week with data about the sales (or lack thereof) at Williamsburg’s Schaefer Landing by a guy with either an axe to grind or way too much time on his hands. A few things we know: (1) The developer switched from Elliman to Halstead several months ago, which suggests sales didn’t get off to a booming start; (2) Halstead currently has 15 condos as 6 rentals up on its website, so the place is far from sold out; (3) Some original buyers (like Apartment 10D) are trying to get out of their investment. We’re not so sure about our tipster’s calculation that there are some 50-odd units for sale or rent through various brokers; this tipster also reports that a lot of the original purchases were by investors, not people planning to live there, which wouldn’t bode well for the stability of prices. Anyhoo, we’re sure some of you have been paying closer attention than we have. Is this really a bad situation or is it just a big building that still has a bunch of units left? Property Shark shows no comps for the past twelve months.
Schaefer Landing Listings [Halstead] GMAP
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Street safety advocates will have a chance to make their voices heard at two upcoming Vision Zero workshops in Brooklyn Heights and Flatbush. Anyone can attend and suggest street safety improvements, bike lanes, or slow zones in neighborhoods throughout Brooklyn. NYPD and DOT staff will split attendees into small discussion groups and use maps to […]
Brooklyn, one building at a time. Name: Semi-detached row houses Address: 1238-1254 Lincoln Place Cross Streets: Troy and Schenectady Avenues Neighborhood: Crown Heights North Year Built: late teens, early 1920s Architectural Style: Vaguely Mediterranean Architect: Unknown Landmarked: No The story: By the first two decades of the 20th century, housing was at a crossroads in […]
A San Francisco-based co-working space called Makeshift Society is opening a location in Williamsburg on the first two floors of a converted warehouse at 55 Hope Street. Makeshift’s Brooklyn spot occupies 4,000 square feet across both floors and offers 17-foot ceilings, open seating and dedicated studio desks. It will also have a creative tool lending library […]
Here the developers have gutted a small one-family and turned it into three small open-plan apartments, each with two bedrooms. (The listing says there’s an owner’s duplex, but going by the floor plan, it seems to be referring to the cellar.) Some charm still remains in the form of beautiful fireplaces and the exterior, which has […]