Development Watch: 159 Classon Avenue

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159classoncloseup.jpgIn a sign of how fast interest has grown in the no-man’s-land between Clinton Hill, Bed Stuy and South Williamsburg, after changing hands in October 2003 for just $1.55 million, this property at 145-159 Classon Avenue sold for $3.5 million just five months later in March 2004. The DOB filings say that the five-story building, which occupies more than 200 feet of street frontage on Classon is only going to be 35,000 square feet and have 20 residential units. Unless there’s a very large courtyard in the rear, this would have to be two to three times that size. Easy. As for looks, as the close-up photo shows, it’s got more of a Hasidic than Scarano vibe going on. Perhaps Scarano, who signed the original plans back in 2004, was replaced on the project? GMAP P*Shark DOB

By Brownstoner |