Last time we checked in on the Pencil Factory a few months ago they were selling units at “pre-completion” prices, and the deals were proving compelling: 24 of the 93 units sold within less than a month. A broker tells us construction is going smoothly and they expect to begin closing early this fall. He also says almost 50 units have been spoken for, with about half closed and half in contract. Pretty solid. StreetEasy shows that most units got a price chop before they sold, with a one-bedroom priced at $418,000 going into contract after dropping to $376,000 and a $730,000 two-bedroom pad reduced to $657,000 before being taken.
Pencil Factory 25 Percent Sold [Brownstoner]
Pencil Factory Back in Business [Brownstoner] GMAP
Pierhouse Starts to Take Shape Beside Brooklyn Bridge Park [Curbed] The Apocalyptic Landscape Near the Kosciuszko Bridge Is Now Complete [Greenpointers] Four Arrested in Williamsburg Beating of Gay Black Man [Gothamist] Senior Housing in Bed Stuy Will Undergo $6 Million Upgrade [DNAinfo] Crown Heights Drivers Ticketed up to 88 Percent More This Year, Police Say [DNAinfo] Paintings by Neighbor […]
The Brooklyn Greenway is expanding to Columbia Street between Degraw and Kane, and a desolate stretch of waterfront is about to get much greener. There’s already a protected bike lane on Columbia Street, but the Brooklyn Greenway Initiative is going to begin landscaping the first part of the Columbia Waterfront Park. They’re looking for enthusiastic […]
Astoria Cove Begins its Six-Month Review Process for a Zoning Change Queenswalk: Eric Kebbon and the Far Rockaway Post Office Listing of the Day: 50-21 Parsons Boulevard It’s In Queens! Events from April 24th to April 30th Osmond Brothers, Comedian Mario Cantone Set For Queensborough Performing Arts Center Mexico Blvd. Food Truck Plans to go […]
Brooklyn, one building at a time. Name: Row houses Address: 409-417 Grand Avenue Cross Streets: Gates and Putnam Avenues Neighborhood: Clinton Hill Year Built: 1909 Architectural Style: Colonial Revival Architect: John J. Petit of Kirby, Petit & Greene Other work by architect: Houses in Prospect Park South and other Victorian Flatbush neighborhoods, commissioned homes in […]
The permanent signage for Nordstrom Rack and T.J.Maxx went up on the front on the Offerman Building at 505 Fulton Street last week. Nordstrom Rack is prepping for its opening next week on Thursday, May 1. T.J.Maxx is still “coming soon” — and it probably will be soon. We saw an ad on a bus […]