We first looked at the Greenwood Hill Condos on 23rd Street in Greenwood Heights back in 2007 and gave them points for at least trying to be contextual (while doubting the appetite for $600,000 one-bedrooms in the area). Since then, only 19 out of 32 units in the four-building complex have been spoken for. That hasn’t dampened the developers’ enthusiasm for the location however. Back in July, they picked up the modest frame house at 312 23rd Street, next door to their original project, for a reported $925,000 (see ACRIS). So far, they’ve completed the asbestos abatement (hence the log cabin look for what was once white-shingled building) and demo, we hear, is slated for October. We’re not sure how big a building is in the works since nothing’s been filed but feel sorry for those buyers of Greenwood Hill units who views over 312′s back yard of NYC and the Statue of Liberty could be hurt by a new development on the site. Update: Speaking of real estate south of the slope, check out the puff piece in today’s NY Post.
Listings [Greenwood Hill] GMAP
320-321 23rd Street [Streeteasy]
313-314 23rd Street [Streeteasy]
Frank Castelluccio’s Listings [Corcoran]
New Development: Greenwood Hill Condos [Brownstoner]
Condo Buyers Not Biting in Greenwood Heights [Brownstoner]