« No Sign of Fatigue in Dumbo Market Got Wood? »
May 23, 2005
HOTD: Brooklyn Heights Prop Looks Cheap to Us
We're far from being experts on the Brooklyn Heights market, but it tends to catch our eye when a solid looking property in the nabe hits the market under $3 million. While not over the top, the interior looks very nice in an old-school way, certainly move-in condition we'd think. You can take the edge off that mortgage with the garden rental which should net you, what, $2,200 in this part of town? Kitchen's new too. We're thinking there must be a catch here. Is this block considered fringe Heights or still prime? Are we missing something?
Joralemon Townhouse [Corcoran]
39 Joralemon [Douglas Elliman]
Comments
willowtown and lovely, but what once was a sweet cobblestone street will be one of only 3 new entrances to planned waterfront park. traffic will be a problem. people will be a problem. constuction will be a giant problem.
Posted by: Anonymous at May 23, 2005 11:09 AM
My wife and I are the owners and here is the deal: The house is in great shape -- new mechanicals, new roof, great kitchen, brazilian hardwood deck, newly landscaped garden, etc. The only drawbacks are that it is somewhat close to the BQE as it is down the cobblestones on Joralemon Street. All in all a pretty good location, and will be fabulous once the Park is finished. The house is totally move-in condition. One interesting thing about this area is that it tends to "friendlier" and a bit less pretentious than most other part of the Heights; a big plus in our book. Frankly, we priced it at the low end of range to garner the reaction that you had. It seems to me that most sellers have gotten greedy -- our strategy is just to get fair value in an expeditious fashion; it may well go above ask, but the market can determine that.
We will see if it works -- and, by the way, I love brownstoner. You are doing a very nice job.
In response to the comment above -- there is a fair amount of foot traffic today and it won't be worse. There also will be no vehicular traffic.
bb
Posted by: Brendan at May 23, 2005 11:16 AM
I think Brownstoner's new addition will be in college before there is a park down there.
Projects take forever to happen in the big city.
And does Prospect Pk make living on Prospect Park West cheap because of all the people and traffic?
Posted by: Anonymous at May 23, 2005 11:32 AM
Before we decamped to Park Slope this was the very neighborhood we would love to have been in. The street is great and the neighborhood does feel much friendlier than the rest of the Heights. Only downside is BQE noise.
Posted by: Anonymous at May 23, 2005 12:36 PM
We went to an open house across the street from this house this weekend. Brand new house (36 Joralemon).....Cookie Cutter, could be in any city....but great roof deck. Its listed on Corcoran for around 2.5MM also. Im guessing the house on this site has a bit more charm AND outdoor space. The location is nice, a bit more quaint and old school than central Heights, but as other posters have mentioned...a bit close to the BQE...although we didnt hear much noise you can see the ramp from all windows.
Unrelated-We were in love with this house, http://www.brownharrisstevens.com/detail.aspx?id=398100 but it was a little out of our price range. This one is located on 176 State Street. Thought it was a fantastic take on the modern brownstone....anyone else see this one?
Posted by: MJ at May 23, 2005 12:39 PM
I live here and while there will be no access for cars to the park, there will be people looking for parking. It's already impossible to park. This area has just put in a (late imo) objection to the entrance. And of course, it's very different than Prospect Park in that there are entrances all around that park. You could have 10,000 people walking down your street on a weekend day if plan stays as is. Anyway, from owner's remarks, they expect a bidding war. Whatever.
Posted by: Anonymous at May 23, 2005 12:51 PM
actually, there aren't unlimited entrances to Prospect Park; its Grand Army Plaza, 3rd Street, 9th Street then 15th Street. Which park block seems to have a surfeit of $3M+ houses? Third Street.
Posted by: Anonymous at May 23, 2005 1:02 PM
Someone's (12:51 posting) very cranky, but you'll be relieved to hear that the current plans are for NO entrance to the park on Joralomen Street.
Posted by: Anonymous at May 23, 2005 1:35 PM
The world does not end at PPW -- you can access park all the way around it.
Posted by: Anonymous at May 23, 2005 2:03 PM
Uh no you cant enter prospect park anywhere. There are designated entrance points, unless you hop a wall
Posted by: Anonymous at May 23, 2005 3:37 PM
I live near by, and I am very excited about the park. I don't think a little extra foot traffic will make a big difference, considering what we are getting in return. After all, it's most likely that those who live closest will use the park the most...and whether or not there is an entrance on Joralemon street, most people (not from the nabe) will end up using the main Atlantic Street entrance anyway, and folks living around Joralemon will essentially have a private entrance to the park. As for parking, it's already so bad, we might as well get a park for it.
Posted by: Anonymous at May 23, 2005 3:50 PM
There are pedestrian entrances to Prospect Park on all sides of the park, not just on Prospect Park West (and even on PPW there are more pedestrian entrances than listed below -- like 11th St., Garfield).
Posted by: Rose at May 23, 2005 4:32 PM
The problem with that street vis a vis waterfront park is that the plan is to build a 30 story bldg at the foot of it which would mean a lot of things, including blocked light
Posted by: Anonymous at May 23, 2005 4:51 PM
On BBP, it seems it will most similar to Hudson river park, not Prospect Park, and look at the prices of condos in the new "West Coast", as they call it. Also, think about the promenade and fulton ferry, or the little park in dumbo...are there really that many people there to make it unbearable? Anyway, I'm betting it won't happen.. those piers are going to be found to be so dilapidated that the cost will rise even more, and they'll need so much housing to make it cost effective that people will find it unacceptable. Does this park even make sense?
Posted by: OE at May 23, 2005 8:58 PM
As previously stated, worrying about a park that hasnt even been approved is silly in this city.. Since Heights residents 1st started bemaoning the ills the park would bring, I finished graduate school, had four jobs, got married, started my own buisness, had a child and moved from the Heights to Park Slope.
And BTW I am amazed as much today as I was oer a decade ago, that anyone with a straight face could complain that the city was taking their "highway front" and making it "Park Front"
Posted by: David at May 23, 2005 9:10 PM
The money is there now. That deal is done. So I think it will happen. But I seem to be in the minority.
And the issues now concern those 2 30-storey apartment bldgs mentioned and the Witness bldg in the 300 block of Furman than is being developed (sale is now compelte). No one is complaining about grass, it's the literal thousands of "park" residents that is of concern.
I've been somewhat involved on and off, and I do think it wil happen. Honestly, getting the state money and the city money was the big hurdle.
Posted by: Anonymous at May 23, 2005 10:32 PM
Actually Heights residents (especially those on Joralemon) WERE complaining about "grass" and the unwashed masses it would bring - because the 'protests' (if signs on the doors/windows and letters to local papers qualifies as protest) started LONG before anyone even contemplated putting any residential development into the park.
Still have to laugh that people who live next to a highway and blocks from delapidated piers containing god knows what - complain when the City/State proposes making their properties "park front" - even if the park contains (luxury) housing, its like NIMBY on crack
Posted by: David at May 24, 2005 9:20 AM
I live on 9th St in Park Slope, only a block from the entrance to Prospect Park. It is not a major nusance. During the warm months we get a lot of foot traffic up and down the street. I rather enjoy sitting on my stoop watching all the park-bound foot traffic. It also makes for excellent stoop sale potential, and I enjoy being only a stones throw from summer concerts, playgrounds, etc.
The downside is that during special events, such as parades, summer concerts, etc. 9th St is often blocked off to vehicle traffic. In addition, keeping the sidewalks clean is a major hassle either from litter or from inconsiderate dog owners who do not scoop.
All-in-all, the positives far outweigh the negatives. I don't own a car, so that probably helps my perspective. But nowhere in Park Slope (or the Heights for that matter) is parking easy.
Posted by: Anonymous at May 24, 2005 10:04 AM
In defense of the BHers who opposed the orignal park plan. That plan looked a lot like Chelsea Piers and not "park". As a 23rd Street resident, I can see how that's not ideal. The plan now seems much more park-like due to the opposition. I think it's worth the wait to get it right. There's a reason BH is BH and the BHA is the oldest neighborhood association. People who call them NIMBYers are not informed, IMO. The BHA supports the current park plan (Willowtown -- where this house is located -- oppose but they are way too late to the table). I work in city govt. I think plan is close to happening -- what is considered the Dumbo waterfront park is a part of this plan, of course, and that was buily shortly after approval.
Posted by: Anonymous at May 24, 2005 10:58 AM
texas hold'em texas hold'em
viagra viagra
fioricet fioricet
poker games poker games
cialis cialis
partypoker.com partypoker.com
phentermine phentermine
poker poker
online casino gambling online casino gambling
blackjack blackjack
debt consolidation debt consolidation
casino casino
texas holdem texas holdem
roulette roulette
play poker online play poker online
casinos casinos
casino online casino online
poker room poker room
internet poker internet poker
online casino online casino
soma soma
phentermine phentermine
poker online poker online
ambien ambien
diet pills diet pills
texas holdem poker texas holdem poker
online casinos online casinos
video poker video poker
adipex adipex
pacific poker pacific poker
slots slots
online poker online poker
poker poker
party poker party poker
Posted by: soma at August 16, 2005 1:57 PM
[url=http://doma-morton.com/aw/paul-sean-temperature.html[/url] paul sean temperature mp3
Posted by: pump it at April 25, 2006 1:11 PM
Nice work! -toy poodle
Posted by: offshore gambling at May 17, 2006 9:18 AM
Nice work! -online gambling forum
Posted by: online gambling forum at May 18, 2006 11:19 AM

Post a comment
Please be patient while your comment is published. It may take a moment.