Development Watch: Urban Green Still Stalled

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We’re not sure what’s more amazing, the fact that the Urban Green Condos worksite at 142 North 6th Street in Williamsburg has been inactive for months because of a partial Stop Work Order (related to shoring up neighboring properties) or the fact that they’ve managed to sell almost half the units while there’s nothing more than a hole in the ground. The cheapest apartment to be released so far was a 565-square-foot studio offered for $430,000 that’s already in contract; on the other end of the spectrum, there’s a 1,600-square-foot three-bedroom still available for $1,300,000. What do you attribute all the presales to?
Available Listings [Douglas Elliman] GMAP P*Shark DOB
Development Watch: Urban Green [Brownstoner]
Development Du Jour: Urban Green [Curbed]

By Brownstoner |