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
Which of These New Delis Is Williamsburg’s Kale-Chip Champ? [B+B] Contractor Charged With Defrauding Workers at Shuttered Crown Heights Hospital [NY Observer] Point-to-Point Car-Share Service…
Pratt is kicking off the launch of its new MFA writing program with performances and readings from local artists tomorrow….
Brooklyn, one building at a time. Name: Austin, Nichols & Co. Building Address: 184 Kent Avenue Cross Streets: North 3rd…
Ted & Honey Cafe at the Navy Yard’s BLDG 92 is closing this Friday, according to an email from Navy…
The old firehouse at 124 Dekalb Avenue in Fort Greene that housed Spike Lee’s 40s Acres and a Mule for…