Construction on Caton Court, a medium-sized condo near the Parade Grounds, is looking more or less complete nowadays. The banner hanging from the building announces that it’s going to have one- and two-bedroom units (far as we know, they haven’t hit the market yet), and we’re wondering what kind of prices the developers could be hoping for. Condos at Lefferts South, about five blocks east, are selling for around $500 a foot, and it seems to us like Caton Court’s location between 17th and 18th streets is more attractive than Lefferts South’s. But per a reader who’s been watching Caton Court go up—and is rooting for it to sell well—the new building’s coordinates are potentially problematic:

The avenue itself is an incessantly clogged noisy truck route, and the Church Ave. IND station, in need of an upgrade throughout, is at its very worst at the Caton Avenue end, a virtual ruin. The commercial strip a block away on Church Avenue is pure crap, and when they roll down the grates in the evening it’s creepy…I wonder whether new residents will want to pay whatever they’re asking to be the gentrifying pioneers on what is currently a very gritty working-class corridor.

Predictions?
GMAP