07/30/14 3:00pm

723 Manhattan Ave, Meserole Theater. CB, PS

Name: Former Meserole Theater, now Rite Aid Pharmacy
Address: 723 Manhattan Avenue
Cross Streets: Norman and Meserole Avenues
Neighborhood: Greenpoint
Year Built: 1921
Architectural Style: Neo-Classical Georgian
Architect: Eugene DeRosa
Other Buildings by Architect: Brooklyn — Terminal Theater, Park Slope, Kenmore Theater, Flatbush. Manhattan — 8th Street Playhouse, Times Square Theater, Broadway Theater, Apollo Theater (42nd Street).. Also St. George Theater on Staten Island, and other theaters in NYC and around the country
Landmarked: No

The story: The Meserole family was one of the five founding families of Greenpoint. Jan Meserole came to this area in 1663 and settled in. The family homestead was centered here, and the family mansion stood on the site of this former theater. In 1919, when plans for this building were announced, the old mansion house was home to the Young Women’s Hebrew Association. It was quickly torn down, and Sol Brill, a well-known theater and amusement park impresario had this theater built.

It’s a deceptive building, at least the entrance is. The narrow lot on Manhattan Avenue would lead one to believe that this is a very small building. It’s only got a 25 foot width on the Manhattan side, in what looks like a one story building scarcely big enough for any kind of theater. But walk down the length of the lobby, and the building opens up to a huge theater space, all of which faces out onto Lorimer Street. When the Meserole Theater opened in 1921, it had seating for two thousand people. (more…)

07/28/14 4:00pm

east river ferry

The East River Ferry returned to India Street Pier on Saturday, just as the G train shut down between Nassau Avenue and Court Square until September 2. Greenpointers reported that the ferry will run on its summer schedule, with departures every 20 to 30 minutes and stops at Pier 11 on Wall Street, Dumbo, South Williamsburg, North Williamsburg, Long Island City and East 34th Street. But temporary shuttle buses will run between India Street and the North 6th Street pier until Wednesday. And if the ferry isn’t running, Uber is offering one free ride between the Nassau Avenue and Court Square G stops until August 31.

Photo via East River Ferry

07/24/14 12:15pm

122 west street greenpoint 72014

At 677 square feet, this one-bedroom condo for rent in one of the Eberhard Pencil Factory buildings is rather small for the price, but it has a clean, modern feel. The large windows at the front of the living area help brighten up the long space, and the master bedroom is spacious. The building at 122 West Street also has nice amenities, including a roof deck, extra storage and fitness center. What do you think of it for $3,100 a month?

122 West Street, #4D [Elliman] GMAP

07/17/14 4:00pm

greenpoint pier

Repairs have started on the India Street pier that collapsed in February, and ferry service to Greenpoint could return by next Friday, according to a spokesperson for the city’s Economic Development Corporation. Work is on track to finish by July 26, when the MTA will suspend G train service between Greenpoint Avenue and Court Square for five weeks to repair damage from Hurricane Sandy. (more…)

07/16/14 12:15pm

845 Manhattan Avenue greenpoint 72014

Here’s a freshly renovated three-bedroom in Greenpoint that’s close to the G train and all the bars and restaurants on Manhattan Avenue. The living room and kitchen area look reasonably sized, as do all of the bedrooms. The apartment also has central air, a dishwasher, and access to the building’s shared roof deck. The building is four blocks in either direction to the Greenpoint Avenue or Nassau Avenue G train stops. It’s kind of pricey, but there isn’t much inventory in Greenpoint. What do you think for $3,850 a month?

845 Manhattan Avenue, #4C [Corcoran] GMAP

07/11/14 4:00pm

kosciuszko bridge renderings

The rickety Kosciuszko Bridge between Greenpoint and Queens could be replaced by this elegant-looking suspension bridge, a $770 million project that the DOT presented at a community meeting on Wednesday. DNAinfo reported that community members were concerned about how five years of bridge construction would affect their day-to-day lives. They’re worried about noise, transporting construction dirt, and whether construction could shake or damage their homes.

(more…)

07/08/14 10:00am

1133 manhattan avenue greenpoint 72014

The seven-story, 210-unit development going up at the corner of Manhattan and Clay Streets in Greenpoint is getting windows and a brick facade. Construction began last spring on the building at 1133 Manhattan Avenue, which will be half market rate and half affordable housing. (more…)

06/18/14 1:30pm

165 diamond street greenpoint 62014

This two-family at 165 Diamond Street in Greenpoint has a slick-but-rustic renovation with exposed beams, exposed brick, white kitchen with marble island, and a deck overlooking a lush lawn. And while none of these things seemed to work well in yesterday’s rental, we think they look very appealing here.

We just wish they’d upgraded the exterior to match while they were at it. It’s currently set up as a three-bedroom duplex over a garden rental. The building last sold for $800,000 to an LLC in November, which did the renovation, according to a construction permit. Do you think the ask of $1,850,000 sounds about right?

165 Diamond Street [Halstead] GMAP

The former Harte & Co. plastics factory at 280 Franklin Street in Greenpoint finally sold last week for $23,250,000, after two years in contract. The deal includes 10 separate properties along Clay and Dupont Streets that were part of the long-vacant factory complex, according to public records. The buyer is Williamsburg-based Dupont Street Developers LLC, but the signatory on the mortgage documents is a developer named Bo Jin Zhu, as The Real Deal noted last week. His company owns 29 Ryerson Street in Clinton Hill and has purchased development sites in Harlem and the Lower East Side.

Preservationists have spent years trying to save the 31,000-square-foot main factory building, a 1930s Arte Moderne structure with a unique curved facade. But the seller, Nuhart & Co., allowed underground storage tanks full of toxic chemicals to leak into the soil and groundwater, and the state declared it a Superfund site. The company made vinyl siding and sheeting at the factory for over 20 years before moving its operations out of the building in 2004. It will cost just under $10,000,000 to remediate the large property, the Brooklyn Eagle reported.

After cleaning up the site, Zhu’s development team plans to build a 400-unit apartment building with 200 parking spaces, according to the Eagle. They hope to build affordable and market-rate apartments, community facilities, and possibly a grocery store on the site. With affordable housing bonuses, the property has 400,000 square feet of development rights. The buyer hasn’t said whether the original building will be incorporated into the new development, which will be built in three phases.

The site is close to the water and the planned towers at Greenpoint Landing and 77 Commercial Street.

Local Chinese Developer Snags Stake in $49 Million Greenpoint Site [TRD]
Apartments Planned at Harte & Co. Factory Site [Eagle]

Two affordable developments have begun accepting applications for their housing lotteries: 1133 Manhattan Avenue in Greenpoint and Elliot J Hobbs Gardens at 482 Franklin Avenue in Bed Stuy. The Greenpoint building (pictured) offers 105 units with studios for $494, one-bedrooms from $532 to $1,997, and two-bedrooms ranging from $647 to $2,405. Income caps run the gamut from $23,520 for a studio to $146,825 for a family of four in a two-bedroom. All the affordable housing info is here, and you can apply through NYC Housing Connect.

We stopped by the large construction site at the corner of Manhattan Avenue and Clay Street last week. The seventh story is rising, and the brick facade is being installed. And now the seven-story, 210-unit development has a teaser site, which reveals that building will have one and two-bedrooms for rent this fall. Amenities will include a rooftop lounge, fitness center, business center with wifi, landscaped courtyard, garage and storage units, according to the affordable housing fact sheet.

Meanwhile, the affordable building on Franklin Avenue has similar rents and income restrictions. There are 92 units for rent. Studios range from $494 to $1,589, one-bedrooms from $533 to $1,997, and two-bedrooms from $648 to $2,405. You can peruse all the affordable rents and income caps here and apply online.

Walls Rising on Big Greenpoint Build [Brownstoner]
Eight-Story Affordable Building Rises on Franklin Avenue in Bed Stuy [Brownstoner]

05/22/14 10:00am

55-dupont-street-052214

A big development site in Greenpoint across the street from 77 Commercial Street and close to Greenpoint Landing changed hands for an undisclosed price Monday, and the buyer is considering building three towers there, said The Real Deal. The site is currently home to some low rise industrial buildings, one of which is 55 Dupont Street, pictured above.

By including affordable housing in the development, the buyer, an LLC with a Borough Park address, could put up buildings of about 360,911 square feet over 10 parcels, according to the story. The main address of the site is 49 Dupont Street, and it includes 2-36 Clay Street, 280 Franklin Street and 49-93 Dupont Street. The seller was also an LLC.

Big Greenpoint Development Site Changes Hands [TRD]
Photo by Christopher Bride for PropertyShark