The large development at Baltic Street and 4th Avenue, now almost complete, currently acts as the northern bookend to 4th’s construction boom. Like some of the other newbies farther down the avenue, the building is maybe not the most exciting structure in the world, design-wise. Unlike the Crest and Novo, though, word on the street is that this one’s going to be a rental rather than a condo (and that it was originally slated to be a hotel). The 50-some-odd-unit building recently lost its ground-floor scaffolding, which would seem to indicate that it’ll soon be marketable if not habitable, but we haven’t come across any listings yet. We’re betting a reasonably priced rental this close to the Atlantic-Pacific hub will have no problem doing brisk business.
Fantastic 4th? Eh, We’ll See [Brownstoner] GMAP
Ugly Ass Functional & Simple Fourth Avenue Building Revealed [Gowanus Lounge]