229-north-8th-street-0809.jpg229 North 8th, the Karl Fischer-designed condominium building that went on the market over a year ago (and underwent some price cuts earlier this month), has begun listing open units as rentals this week. The prices vary, but center around $2,500 for the one-bedrooms (around 700 square feet) and $3,500 for the two-bedrooms (around 1,100 square feet), according to aptsandlofts.com. The rentals are also listed on Craigslist, and it seems that the units are still on sale as well, with prices from $465,000 to $699,000, according to StreetEasy. Also courtesy of StreetEasy, the reason it’s gone rental: No units are in contract. GMAP
Another FHA Special Launches [Brownstoner]
Development Watch: 229 North 8th [Brownstoner]


What's Your Take? Leave a Comment

  1. I’m getting sick of the knee-jerk insertion of the word “hipsters” into anything Wburg related. Buildings like this are not really renting to ‘hipsters’ or these mythical trust-funded faux bohemians. They’ll rent to post-college professionals, NYU and New School students, youngish people with salaried jobs who want to be near the nightlife action. If they can fill the super-pricey Avalon on the LES, I imagine this will do fine as a rental (the idea of anyone buying in it is laughable), especially if the one-bedrooms allow wall-building.

    That said (and I live near the Lorimer L, so I walk by here a lot) it sure would be depressing to be surrounded by so many windswept, syringe-littered mud pits.