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
The Heights Cafe restaurant at 84 Montague Street re-opened earlier this month after six weeks of interior renovations. There is also a new menu, with new-American fare such as a lobster roll, oyster po-boy, a burger, veal and wild mushroom meatloaf and a ribeye. Click through to the jump for an interior shot. Has anyone […]
Huge and on a corner, this gem of a Greek Revival house at 15 Willow Street in Brooklyn Heights was built in 1834. The proportions are impressive: It’s 25.5 feet wide with five stories and 39 windows. It has beautiful marble and wood Greek Revival fireplaces, dentil crown molding as well as the other moldings […]
It’s rare to find a decent-sized prewar two-bedroom apartment in Brooklyn Heights for under a million bucks these days, so this co-op at the St. George Tower on Hicks and Clark asking $950,000 might strike someone’s fancy. It’s not huge and it doesn’t feel as vintage-y as some prewar fans might want, but it’s on […]
This renovated studio for rent in a Kensington co-op is bright white, new looking and relatively spacious. The L-shaped apartment has a bunch of white built-in wall units that offer tons of storage but give the space a somewhat clinical (or very modern) look. Those little built-in tables in the living area could function as […]
A real estate firm named JEMB Realty bought a parking lot in downtown Brooklyn for $38,464,188. If that seems like a staggering amount to pay for a parking lot, well, it’s located at 420-428 Albee Square, right across the street from City Point. It’s got 185,000 buildable square feet, The Real Deal reported. That works […]