pencil-factory-small.jpgThe Pencil Factory was nearing the 50 percent sold mark when we checked in on it at the end of the summer. More recently we noticed price hikes of around $20,000 on remaining units and figured there must be demand over in Greenpoint. Turns out we were right, as we’re told the building is 85 percent sold. People are closing and move-ins have begun. Not too shabby considering sales only restarted in May.
Pencil Factory Halfway There [Brownstoner]
Pencil Factory 25 Percent Sold [Brownstoner]
Pencil Factory Back in Business [Brownstoner] GMAP


What's Your Take? Leave a Comment

  1. I dont think this building is ugly, i think its very respectful of the neighborhood, for a condo like this. It coild have been just another big fishbowl! There is a really nice communal feel to it, inside and out. Most of the ppl who live at the building are pretty down to earth like anyone else in the community.

  2. many people just take the bus to the subway too if going downtown. for going to midtown, hard to complain, i don’t get it. midtown is less than 25 minutes door to door. way closer than brownstone brooklyn.

  3. Clueless folk tend to kvetch about the G train and its lack of connection to Manhattan. That, my friend, is the neighborhoods strongest feature! (Listening tybur6?). Keeps the NYU B&T crowd at bay. And allows for much easier parking than in most Brooklyn neighborhoods.