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September 19, 2005
Van Halen Tickets? No, Just an Open House
We've been hearing word that the open house at 11 Second Place in Carroll Gardens was a mob scene this weekend, with reports of a line stretching down the block. One neighbor speculates that the lack of decent 2 bedroom apartments in the nabe explains the frenzied interest in the 7-unit development. According to the Corcoran website, 1,500-square-feet will run you over a million bucks. We haven't seen the building in person (which is still under construction) but can't understand what all the excitement is about. Did any readers get to see it this weekend?
11 2nd Place [Corcoran] GMAP
Comments
Didn't go to this one, but did go to an open house at the 'Carriage House' on 15th street - also by Corcodevil. Geez, are they overpriced - pretty, but overpriced. The few units they had open: a one-bedroom for $690k, a two-bedroom (with spectacular viewes) for $890k...
Tons of traffic. I hope they all sell for ask!
Posted by: Anonymous at September 19, 2005 2:31 PM
Is this the one that was supposedly going to have the "baby concierge?" LOL
Posted by: i own a condo at September 19, 2005 2:38 PM
If memory serves me, this is on a block with all 4 story brownstones with front gardens. Does anyone know if they tore something down to build this? Is it on a corner lot, or has it been built in the middle of the block?
Posted by: sba at September 19, 2005 2:46 PM
Love it - Corcoran is now including the common halls and elevator when calculating the apartments sq ft. What a joke
Posted by: David at September 19, 2005 2:52 PM
Yes building is in middle of block...I remember a parking lot there so may not have torn down anything.
I believe that 'sq. footage' is probably something in 'offering plan' in the prospectus and filed with NYState....so dubious whether it is 'Corcoran' that is doing the calculating or quoting anything that other agencies don't quote.
Posted by: Anonymous at September 19, 2005 3:02 PM
How did you find out they are including elevator and hallways in square footage??
Posted by: Anonymous at September 19, 2005 3:06 PM
These look like nothing special to me.
But they are condos. My husband often talk about the fact that if we were buying now, we would have to buy a condo. We make a bit under 200k combined. At today's prices, we would just barely be able to put 20% down and would not have enough left over or a high enough HHI to get past a board. No way.
Posted by: Anonymous at September 19, 2005 3:24 PM
I can't find a link to back this up, but I remember reading an article about all the tricks that are used to boost the square footage of an apartment - you include space that is outside the front door, you measure to the >outside< of the walls ... and you don't subtract all the interior walls from the square footage of course ... oh, those darn RE Agents !
Posted by: will at September 19, 2005 3:27 PM
The reason for the long lines for this open house is simple; location location location.
You'd be hard pressed to find a condo on one of the "place" blocks in Carroll Gardens.
Needle in a haystack my friends.
Posted by: Anonymous at September 19, 2005 3:32 PM
You can calculate the square footage any way you want as long as you disclose it in the offering book. I believe you were talking about the article by Sam Miller...The guy who does appraisals in Manhattan. He has an article about this on his website.
Posted by: donaldjr at September 19, 2005 3:33 PM
If it's the spot I'm thinking of, they tore down a building while leaving a tiny bit of structure (some outer walls, I think) and then constructed this yet-unfinished behemoth. What's funny is that next door to it is a one-story house--not typical of the rest of the block--but it makes this complex look all the more out-of-synch with the neighborhood.
Posted by: abrooklynlife at September 19, 2005 3:43 PM
The first open house was on Saturday starting at 1:00. Nobody slept on the sidewalk over night, but the line started forming at 10:00 am. They were showing for back up at the open house on Sunday, so it looks like all units sold out on Saturday. This is a great location and a nicely designed building. Unlike Fort Greene, Carroll Gardens never went through a renaissance; it hasn't had the press it deserves. At these prices it looks like it's finally coming into its own...
Posted by: Anonymous at September 19, 2005 3:58 PM
Re 15th Street -- I can only imagine how great the views are from the top couple of floors of that building! The lower floors, not so much, but the top floors -- wow. (Not that it's not a bit pricey, but I'd take there over the (formerly) $1000/Sq ft 7th Street places any day, even with 7th Street being closer to restaurant alley.)
Posted by: Anonymous at September 19, 2005 4:20 PM
Has anyone been to the 20th Street place Corcoran is also selling? At least one of the same brokers as this one. That place seems to be going like hotcakes, even though it is on the otherside of the Prospect Expressway. What's the scoop? The prices are definitely lower, but I am still suprised how fast the apartments seem to be disappearing. (The good news for buyers will be that if the new Greenwood Heights/South South Slope zoning goes through, the views should stay. Meanwhile developers on 15th and 16th are going nuts trying to get concrete poured before the zoning changes.)
Posted by: Anonymous at September 19, 2005 4:27 PM
If anyone decides to build next to the 15th St Condos, which I'm sure they will. Then all those glorious views you are overpaying for will be lost.
Posted by: Anonymous at September 19, 2005 6:06 PM
I live on the block -- saw a few people lining up a bit before noon on Saturday -- I was gone the rest of the day, so don't know if it became a "mob scene" later. Sunday had traffic, but didn't seem like huge crowds. But the square footage is pretty accurate -- it was a 33 foot lot -- that's why the builders could build so high, and building probably goes back 50 feet, or close to it. Because it's so wide, the apartments have floor to ceiling windows 4 across -- very unusual. The building wouldn't be so bad if it wasn't so high -- a 4 story with that design would be ok -- but it replaced a 3-story/2-family 60's era modern house which also didn't fit in (there are a smattering of those modern townhouses on various streets in the neighborhood). The "place" blocks between Court St. and Henry aren't landmarked, by the way, despite being very desirable due to the large front and back gardens (lots on 2nd Place run 133' feet deep). The folks on the block can't believe condos are going for 1.2 million when you can still get entire brownstones for not much more.
Posted by: Anonymous at September 19, 2005 6:55 PM
Who says the 15th and 16th street buildings will get built?
Posted by: street16grl at September 19, 2005 8:37 PM
I actually looked at this place when it was selling as a 3 story brownstone. It was listed at around $1.8 w/ and a few people had the listing (I saw it w/ Brooklyn Bridge). When they were showing it they mentioned that it was zoned for an extra floor so I was surprised to see they put 2 extra floors on three.
If memory serves the building was built in the late 1960s and was absolutely humungous. There was a lower duplex (connected by spiral stairs... yech!) and a seperate entrance to the top floor apartment which was absolutely huge. I seem to remember that the lot was 30 feet wide.
Great location... these will go quick, despite the ridiculous price.
Posted by: Anonymous at September 19, 2005 9:27 PM
van halen?? come on, you're showing your age (and hipness.)
Posted by: Anonymous at September 19, 2005 9:37 PM
The 15th & 16th Street buildings will DEFENITLEY be built!!!
Posted by: Anonymous at September 19, 2005 9:39 PM
square footage is not determined by the RE agent. It is provided by the seller which in this case is the developer.
Posted by: Anonymous at September 19, 2005 10:44 PM
Anon at 6:06 -- the zoning has changed on the north side of 15th street. no one can build as high as that six-story condo anymore. and the same will happen to the other side of 15th street shortly -- which is why some are questioning whether the places on 15th and 16th will be built and someone else is screaming.
Posted by: Anonymous at September 20, 2005 8:17 AM
Anon at 9:37,
Though we've tuned out ever since Sammy Hagar climbed on board, we'll never forget being a fourteen year old in the front row at MSG for Van Halen 1984 tour. Eddie flying across the stage during Panama? Oh yeah.
Posted by: Brownstoner at September 20, 2005 8:38 AM
Anon at 9:39 pm:
wow, you really are desperate to shove your 12 story towers into 4 story high residential area. and that's an impressive bunch of building violations you have already racked up.
Posted by: Anonymous at September 20, 2005 8:40 AM
Anon 10:44pm - Even if that were true (which it isnt always) when you put a FLOORPLAN on your website, you can obviously do the sq ft calculations yourself - (still giving developer plenty of room for exaggeration since rarely do the plans match the building)
Posted by: David at September 20, 2005 10:55 AM
I bet Radusky's 15TH AND 16TH STREET Twin towers don't get built as planned. Join me and my fellow neighbors this THURSDAY NIGHT 9/22 AT 5PM IN BOROUGH HALL, 209 JORALEMON STREET FOR A PUBLIC HEARING CONCERNING THESE TWO BUILDING WITH MARTY AND CITY PLANNING.
We killed one, two to go.
Posted by: STREET16GRL at September 20, 2005 10:58 AM
Is the Henry Rad one on 15th between 4th and 5th on the agenda?
Posted by: Anonymous at September 20, 2005 11:09 AM
brownstoner, do you or any of your readers have any new developments you like or would recommend? Or is it simply that you and your readership hate all new development? We're first time buyers in the $600K-$800K range. Any unbiased advice would be greatly appreciated.
Posted by: Anonymous at September 20, 2005 11:33 AM
www.thewashingtoncondos.com
Posted by: ltjbukem at September 20, 2005 11:43 AM
Many of us are actually at least moderately pro-development -- just with a little restraint and preferably not hideously ugly. Two recommendations for Park Slope: the "Carraige" on 15th Street (the upper floors) (see Corcoran's website) and 8 by 8 (see Developers Group website) (first open house this weekend). Don't yet know what the pricing is going to be on 8 by 8, but suspect some will be in your range -- whether they will be overpriced is still to be determined. And one to avoid in Park Slope -- the 7th Street set on Corcoran (at least until they drop the price again).
Posted by: Anonymous at September 20, 2005 1:39 PM
I agree...I have nothing against development as long as there is some thought to aesthetics and context. Can't the developers shave off a bit of their expected profits and spend that money towards designing something that is pleasing to the surroundings? I can only guess that they choose profit over any lasting legacy that they might create....
Before anyone goes nuts, I'm all for making a buck, just wish came up a bit more often during development.
Posted by: sba at September 20, 2005 2:04 PM
....just wish "pride in what you build" came up a bit more often during development
quote missing from my post.
Posted by: Anonymous at September 20, 2005 2:06 PM
Wonder if a cleaning service is included??
Posted by: housingbubble.us at September 20, 2005 6:20 PM
The south side of 15th Street (which is the side the Carriage House is on) is NOT in the rezoning proposal for the South Slope. Thus a developer can build right next door and block all the views from the Carriage House, if it were my bet I would say it will happen. This should be taken into deep consideration when contemplating a purchase at The Carriage House.
Posted by: Anonymous at September 20, 2005 7:57 PM
Um... The Carriage House is on the north side of the street - thus, their views can only (and will likely) be blocked by developments on 4th ave. In a galaxy far far away...
Posted by: Anonymous at September 20, 2005 8:51 PM
Right, I meant to say North side. Not only can the views be blocked by 225/227/223 15th St. Which will be developed. It will also be blocked by any development on 5th Avenue which has a height limitation of 70 feet!! My point being that the zoning on the North Side will allow for a building to block any views you might get with an apartment within The Carriage house, buyers should be aware of this as with any purchase!!!
Posted by: Anonymous at September 20, 2005 8:59 PM
The windows of the units in The Cariage house that have views face the next lot and 5th avenue of course they will be blocked!!!!
Posted by: Jonah at September 20, 2005 9:02 PM
Ok...now that people have finally figured out which side of the street the Carraige is on -- North side, down-zoned -- the view seems to be that 5th Ave is automatically going to go to 70 feet. Do people thing that every plot on 5th Ave is just going to shoot up to to 70 feet?? You have to be kidding me...with the opinions of the people here, you would never buy anything in park slope except a $3.5 million brownstone on a landmarked block... Is anyone aware of a single 70-foot project in the works on 5th Ave???
Posted by: Anonymous at September 20, 2005 10:07 PM
I know of at least 7 buildings being planned for 5th Avenue with a height of 70 feet. 2 are actually between 14th and 16th Streets.
Posted by: Anonymous at September 21, 2005 5:09 PM

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