It’s amazing to us that people will commit to buying a condo sight unseen but the developers of the Urban Green Condos on North 6th Street in Williamsburg have been able to coax down payments out of a couple people already, despite the fact that the site is nothing but a hole in the ground. (The sales office across the street just got a fresh coat of green paint last week, we noticed.) The plans for this 44-unit development include on-site parking, rooftop cabanas and an interior courtyard. Unlike some of its brethren on the waterfront, the development will be a more modest six stories, befitting its mid-block location. The price of entry? From what’s been released so far, the cheapest seat in the house is a 719-square-foot one-bedroom fro $540,000; a 1,268-square-foot three-bedroom is $920,000. No word on timing, but that partial stop-work order can’t be helping.
Available Listings [Douglas Elliman] GMAP P*Shark
Development Du Jour: Urban Green [Curbed]