Yesterday there was news about two condos that hit the market relatively recently going rental: Curbed noted that the Williamsburg condo building Jardin is making the switch, and Crain’s reported that Brooklyn Heights’ 75 Clinton is also turning rental. There had been 23 contracts signed at Jardin, which is on North 6th Street between Berry and Bedford, and a tipster tells Curbed buyers are being fully refunded. Prices were running around $770 a foot. Meanwhile, in Brooklyn Heights, 75 Clinton was purchased by the firm Invesco, and rents in the 74-unit building will run from $2,800 to $7,000 a month, according to Crain’s.
Williamsburg Condo Jardin Refunding Buyers, Going Rental [Curbed] GMAP
Another Bklyn Condo Project Goes Rental [Crain’s] GMAP


What's Your Take? Leave a Comment

  1. I think the rental market in Brooklyn Heights is so off the charts that they decided to go with it at 75 Clinton. There is a lot of new luxury condo product in the nabe but very little top-notch rental. I think they made a smart decision.
    I like this building architecturally. The “open joint” terra cotta skin is very attractive imo.

  2. I think the rental market in Brooklyn Heights is so off the charts that they decided to go with it at 75 Clinton. There is a lot of new luxury condo product in the nabe but very little top-notch rental. I think they made a smart decision.
    I like this building architecturally. The “open joint” terra cotta skin is very attractive imo.