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June 29, 2006
Catching Up With The Terraces on Court
The building's not much to look at in our opinion and the interiors look like many other developments to hit the market in the last couple of years, but that hasn't stopped about half the units at 529 Court Street from selling, though we can't recall how long they've been on the market. It looks like the remaining units are priced at around $600 a foot which doesn't seem outrageous. It just makes us wonder again about how all the new condos are going to be absorbed in the weakening market. There's a finite supply of nice prewar apartments, so we'd expect those to hold up much better as things cool off.
The Terraces on Court [Brooklyn Properties] GMAP
Listings [529Court.com]
Comments
I think this area is still in demand.
Posted by: Anonymous at June 29, 2006 11:17 AM
I've seen where these are located, and there must be a lot of traffic noise from Hamilton Avenue and the BQE, less than a stone's throw away. I wouldn't want to live there.
Posted by: Madame X at June 29, 2006 11:51 AM
There's also a significant rat problem in that part of Carrol Gardens.
Posted by: Anonymous at June 29, 2006 11:56 AM
What's up with those ceilings?
Posted by: Shahn Andersen at June 29, 2006 12:06 PM
in reading the 529court.com site - they are featuring the concrete ceiling as part of design. Also mention
extra sound prevention on south and west side of bldg(facing toward BQE).
Of course doesn't quiet at all your outside space.
Who has been inside?
as far as rats - common near any major construction and also around the Carroll st park.
Walked down State off Flatbush other day and saw quite a few around there.
Posted by: Anonymous at June 29, 2006 12:26 PM
My wife and I have gone to an open house in April. Interesting design but the concrete ceilings are a little strange especially if you wanted to add some fixtures. Nice layout on some of the lines, sales were slow (as per the broker) but looks like they have picked up inthe past few months as per the listings site. Not sure if I'd give up my 2bd co-op in CH for 8 square feet more.
Posted by: Condo Looking at June 29, 2006 12:56 PM
Anyone know how the Court St. Lofts (505 Court) did with their conversion/sales? Don't know how they compare to these Terraces, other than similar neighborhood.
Posted by: Anonymous at June 29, 2006 12:57 PM
Who CARES about a little Juliet terrace? When was the last time you ever saw anyone standing on one, much less one block from the Gowanus Expressway and the Smith and 9th Street subway?
In other words, when did you last see a resident using it for anything other than storage of a bicycle or one or two potted plants?
And yet again, another Fedders building. From the street, this cinder block construction is ugly my wife says it makes her eyes hurt.
Posted by: BubbleUp at June 29, 2006 1:13 PM
Prices are relatively okay. Not sure about the rats but I'm sure the noise from the highway isn't too bad. I live on Tiffany Place and we don't get the noise if the windows are closed. If you're looking for condos, there is 20 Tiffany, right next door to me. That's slated to open this fall I think but the building looks really nice. The owners are my landlords and they're pretty good as far as landlords go. www.20tiffany.com
Posted by: cobblestoner at June 29, 2006 1:15 PM
Does anyone know the makeup of people taking these apartments? Are these investors? Primary residences? Second residences?
?
Posted by: JoshK at June 29, 2006 1:28 PM
It's what we refer to in our office as "the asshole of Carroll Gardens."
Posted by: Anonymous at June 29, 2006 1:48 PM
Apts look nice enough, but it's an ugly building, ugly block, dirty surroundings...expressway practically overhead; oil depot down the block on Smith & 9th; 6-8 lane Hamilton Ave traffic half a block away; no significant amenities down there; forbidding after dark. Too much money to ask for such environs.
Posted by: Anonymous at June 29, 2006 2:54 PM
It just seems like a strange place to want to live. I'm wondering if this is investors who are piling in?
Posted by: JoshK at June 29, 2006 3:10 PM
the units in the back are very bright and quiet with good-sized balconies and some very large terraces and the penthouses have great space on the roof. the cement ceilings make more sense within the overall design of the building (with exposed steel etc. loft-like). although the exterior is a bit of a bland disappointment. but a lot of the area requires you are hip to the gritty steel and concrete superstructure aesthetic. some people find that, if not cool, then at least acceptable.
Posted by: anon at June 29, 2006 3:22 PM
"...the gritty steel and concrete superstructure aesthetic" !!! ???
You mean the devloper and architect of this monstrosity has an "aesthetic?" You must be f**king joking.
How about a "gritty steel and concrete" superstructure (whatever the hell that is) because it's CHEAP to build -- and, together with non-unionized, immigrant labor, maximized profit for everyone involved, except, of course, the buyer?
You buy this piece of dreck and you deserve to be under water for 10 years.
Posted by: BubbleUp at June 29, 2006 4:18 PM
Big ups to BubbleUp!! Anon at 3:22 is clearly the developer or an employee--no hip person or neighborhood person regards this piece of crap as anything other than the crass pile of junk it is. Still, the developer will make a mint, while the investors who buy in will lose their shirts and the actual residents who are invested in the area not just financially but socially and civically will be stuck with an eyesore built to deteriorate!
Posted by: Anonymous at June 29, 2006 6:07 PM
It may not apply to this neighborhood, but I've always been told that terraces/balconies/whatever are a plus if you're looking to sell to Orthodox Jews, who can use them to celebrate that outdoor holiday in autumn, the name of which escapes me (starts with an S).
Posted by: anonymous at June 29, 2006 8:44 PM
I just walked by it. Bland it is from outside. Eyesore it is not. - condition of buildings around it not great and of course the BQE isn't pretty. So I think the one comment about gritty aesthetic is right.
Because you don't find a building attractive doesn't mean it is structurally inferior. Structurally all these new building are pretty much the same.
The noise from BQE was much quieter than I would have thought.
Couple blocks up Court St. seems like plenty of new restaurants.
Posted by: Anonymous at June 29, 2006 10:31 PM
Just think if you pay 1million and get the munchies late at night you can walk to Mcdonalds and get burger and fries for less than 6 bucks!! COOL.
Posted by: Anonymous at June 30, 2006 1:04 AM
I'm wondering how the Juliet balconies help Orthodox Jews--I was under the impression you were supposed to eat outdoors during Sukkoth (I forget if it's under the stars or under the boughs)--can a table and chairs really fit on these things? Maybe it's just a way to add perceived value--you know, 2 bedrooms plus a balcony. Even if the balcony is impractical for, as somebody noted, anything but storing a bike.
Posted by: Anonymous at June 30, 2006 3:55 AM
They are great (balconies) for your nicotine addicted guests to go out for a fix.
Also would be pretty dangerous if the sliding glass door had nothing to stop you from falling out.
It may be part of some fire code reg but not sure how that works.
Posted by: Anonymous at June 30, 2006 9:43 AM
The outside of this building makes me sick it's so awful! The juliet balconies that face court street are probably about 2 feet deep...so if you just need a place to smoke...
that part of CG around smith/9th is a monstrosity. Whats up with Russo realty?
They have all those buildings facing the
smith/9th that look like they're about to fall down and plasters the neighborhood with crappy ads for Notary services of all things!
Posted by: Anonymous at June 30, 2006 11:02 AM
To the poster (advertising) at 1:15 yesterday, could you really live in a bulding that doesn't appear to be finished yet?
Posted by: Cat at June 30, 2006 1:38 PM
If I'm correct that Marc Freud is the developer of this building, look for there to be construction problems that plague new owners of apartments here. The building looks much like 636 Pacific, another Freud building and current home to Dan Goldstein of DDDB, which was riddled with issues.
Posted by: Anonymous at July 3, 2006 10:55 PM
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