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September 30, 2005

Building Rush In Anticipation of Downzoning

There are a few interesting numbers put forth in today's Daily News story about the rush to lay foundations in advance of the anticipated "downzoning" of the 50-block area from 15th to 24th Streets between Fourth Avenue and Prospect Park West:

  • "On every block, there's two or three construction sites."--Randy Peers of CB7

  • There are at least 30 oversized project in Greenwood Heights.--Aaron Brashear of the Concerned Citizens of Greenwood Heights

  • There are five buildings with 70 units going up on 23rd Street alone.--Aaron Brashear

    Building Rush Is On [NY Daily News]
    DOB Permits? Not in S. South Slope [Brownstoner]




    Posted by Brownstoner at 9:01 AM | Comments (3)
    Categories: Development

    Comments

    And the bubble will burst and there will be all these two-third finished buildings that will then be outfitted with low quality stuff and sold on the cheap by developer LLCs running out of liquidity...lovely.

    Posted by: Anonymous at September 30, 2005 10:23 AM

    These jackass builders on 15th St. don't even
    give the concrete a day to cure before they are
    pouring new cement on top of it.

    I hope Katan and Bricolage/Rudusky eat shit and
    die before they get paid on these monstrocities.
    (Not a threat, just wishful thinking>:P)

    Posted by: RL loves hillbilly H at September 30, 2005 10:33 AM

    does anyone know what is happening with 408 and 406 15th st.? have those foundations been poured? is there a stop-work order?

    Posted by: chelseagirl at October 1, 2005 7:54 PM

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