festive fifth

Park Slope’s 5th Avenue is hosting a holiday festival this Saturday, complete with a tree lighting, Santa Claus and carolers. The fun begins with a tree lighting at 6:30 pm at the corner of 5th Avenue and 3rd Street (in front of S’Nice). There will be free hot chocolate, marshmallows, cookies, brownies and popcorn during the outdoor festivities, which will last until 9 pm. Puppetry Arts and NY Kids Club will present puppet performances and games, and singer-songwriter Amy Miles and carolers from Opera on Tap will perform. And there will be specials and sales at shops and restaurants all along 5th Avenue in honor of Small Business Saturday.

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Manhattan investment firm Sugar Hill Capital agreed to buy 1 Prospect Park West, the assisted living facility in Park Slope, for $76,000,000 in January and is now suing the owner for not forcing out elderly tenants fast enough, according to The Brooklyn Paper.

The senior home is embroiled in lawsuits related to the closure and prior lawsuits alleging poor treatment and operating without a license. The owner bought the property, which sits in a prime spot in Park Slope overlooking Prospect Park, for $40,000,000 in 2006.

An attorney for the wrongful death suit concerning Slave Theater owner Judge John Phillips accused the owner of trying to keep Sugar Hill’s $7,000,000 deposit and sell to someone else. Most recently the assisted living facility has been accused of violating a court order to provide services to remaining residents.

Prospect Park Residence Selling for $76 Million [BK Paper]
1 Prospect Park West Coverage [Brownstoner]
Photo by Nicholas Strini for PropertyShark

altamira workshop

Home goods and crafts store Altamira Workshop opened last weekend at 217 6th Avenue in Park Slope. Owners Philip Sachs and Amy Fierro sell handmade items, many of them produced locally, such as ceramics, jewelry, stationery, art and home goods.

The owners have “created an in-house brand of goods that emphasize a combination of affordability and high design,” according to the shop’s press release. They’ve been teaching printmaking classes and selling their prints for years at outdoor markets like the Flea, and now they’ll offer consultations on printmaking and an onsite print shop at Altamira.

The shop’s name refers to the Cave of Altamira in Spain, which contains some of the earliest known Paleolithic cave paintings. GMAP

Photo via Altamira Workshop

917 president street park slope 112014

This parlor-level floor-through apartment at 917 President Street in Park Slope just hit the market with a price tag of $1,495,000. That’s a princely sum for a single floor but the apartment is in a primo location and benefits greatly from a generous rear addition that accommodates a kitchen, a bathroom and an extra bedroom. The place is in beautiful shape and comes with lots of architectural detail.

917 President Street, #1 [Corcoran] GMAP

769 carroll street park slope 112014

This 1.5-bedroom in a North Slope brownstone is pretty big and loaded with attractive original details. We see original moldings around the doors and windows as well as mirrored wooden mantels. The bedroom pictured looks reasonably sized, but the kitchen seems pretty small. Do you think $3,250 a month sounds reasonable?

769 Carroll Street, #3 [Corcoran] GMAP

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Nunu Chocolates Cafe & Tap Room opened last week at 179 5th Avenue in Park Slope. The menu includes house made baked goods such as brioche and cookies, small plates such as cheese and charcuterie, the full line of chocolates, Blue Bottle Coffee, 10 craft beers on tap, wine, shandies, frozen hot chocolates, egg creams and frozen lemonade.

There will also be chocolate pairings with beer and wine flights, and customers can observe as chocolates are hand dipped. There is a backyard and free wi-fi.

A former Brooklyn Flea vendor, Nunu Chocolates started in 2007 and has a store in Boerum Hill. The cafe has extensive hours: from 7 am to midnight on weekdays, opening at 9 am on weekends, and closing at 10 pm on Sunday nights. Anyone checked it out yet? GMAP

Photo by Nunu Chocolates

542 9th street park slope 112014

This lower duplex at 542 9th Street in Park Slope just hit the market with an asking price of $1,950,000. There is some nice historic detail and the unit comes with a private garden. On top of that, both floors have an extension, which means a more generous layout than your standard brownstone. The place feels a little shabby to us, but nothing that a new owner couldn’t spiff up without much trouble. And, don’t forget, it’s less than a block from Prospect Park.

542 9th Street, #1 [Brown Harris Stevens] GMAP

15 prospect park west park slope 112014

The Park Slope mansion at 17 Prospect Park West that Jennifer Connelly and Paul Bettany once called home is back on the market, as Curbed was the first to note. In short, it’s a Renaissance Revival townhouse, designed by noted architect Montrose Morris, on steroids and multiplied.

The house is about 23 feet wide; one of the parlor fireplace is faced in onyx; the dining room has a coffered ceiling, panelling, and over-the-top built-ins; the range is La Cornue; and the pass-through-sink area (slash dressing room) is palatial — just for starters.

The home last sold for $8,450,000, but has been extensively renovated since. Considering that anything over $10,000,000 can sometimes be a hard sell in Brooklyn, do you think someone will snap this up for the new ask of $14,000,000?

17 Prospect Park West [Elliman] GMAP
17 Prospect Park West Coverage [Brownstoner]

53 lincoln place park slope 112014

This $2,400,000 duplex at 53 Lincoln Place in Park Slope is pretty slick. The 2,217-square-foot pad takes up the ground floor and basement of the 2009 vintage building. It’s all very modern but in an unrisky way that should have broad appeal. We can’t recall ever seeing such an intricately dug out back yard. It’s a little too institutional feeling for our taste but it looks pretty pro. Fair price?

53 Lincoln Place, #1 [Corcoran] GMAP

701-711 President Street, KL, PS 1

Brooklyn, one building at a time.

Name: Tenement/flats buildings
Address: 701-711 President Street
Cross Streets: 5th and 6th avenues
Neighborhood: Park Slope
Year Built: 1876
Architectural Style: Neo-Grec, with British Arts & Crafts details
Architect: Parfitt Brothers
Other Work by Architect: In Park Slope – St. Augustine RC Church, Grace Methodist Church, many row houses, flats buildings. Also Montague, Berkeley and Grosvenor Apts in Brooklyn Heights, Truslow House, Crown Heights North.
Landmarked: No, but part of a proposed expanded Park Slope Historic District.

The story: No one likes the word “tenement.” It draws up visions of dire poverty and the horrible living conditions endured by the poor; not only in this city, but in just about any city, especially in the 19th century. But the American use of the word was originally a legal description of a building that had more than three tenants independent of one another, more than two tenants per floor, with common rights in the halls, etc. By definition, for many years, that included any level of luxury, so legally speaking, and in the matter of building code, the Dakota Apartment building was technically a tenement. That was one reason why getting wealthy people to live in apartment buildings was such a hard sell.

But eventually, supply and demand won out. Multiple unit dwellings for income levels far above the poorest became a familiar sight on our neighborhood streets. The developers of these buildings were often building on the same sized lots that the developers of one family row houses were building on, so that many blocks, like this one, have a mixture of single family homes as well as tenements or flats buildings on the same block. They work well because the flats buildings were meant to look like their single family neighbors, and often were designed by the same architects. (more…)

929 president street park slope 112014

This 21-foot wide Neo Grec brownstone on a park block is about as splendid as they come, even though it’s currently set up as a four family.

Only the parlor floor is pictured and it’s certainly lovely, with beautiful wood work, grand proportions and extraordinary 1880s wood and tile fireplaces.

It’s part of the owner’s duplex, which has living, dining, kitchen and a small deck on the parlor floor and three bedrooms on the garden floor. The top two floors house three rentals. The house will be delivered vacant, according to the listing. (Parts of the building could still be rent regulated; it was reduced from an eight to a five family.)

What do you think of it and the ask of $3,600,000?

929 President Street [Brown Harris Stevens] GMAP

Update: The building is not rent regulated because it was converted to a co-op in the ’80s, a spokesperson for Brown Harris Stevens let us know. Also, a certificate of occupancy for a five family is in the works.

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The new construction green townhouse at 319 4th Street in Park Slope we have been following is on the market again and asking $4,625,000. That price puts it into the high end of Park Slope real estate for a two-family of its size.

It was developed by Seth Brown and last sold for 2,870,000 in 2011. We didn’t see it when it was finished. (Or perhaps it never was on the market before, but in any case, this is a resale.)

We think the look of both the exterior and interior turned out very well. Click through for interior and rear photos. What do you think of the design and the price?

319 4th Street Listing [Corcoran]
Green Build for 319 4th Street [Brownstoner]
Photo above by Nicholas Strini for PropertyShark; other photos by Corcoran (more…)