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October 1, 2007
Residential Sales in Brooklyn

FORT GREENE $340,000
191 Willoughby Street (University Towers) GMAP
1-bedroom, 1-bath, 750-sq.-ft. co-op in a postwar building; 24-hr. doormen, concierge; dining area, hardwood floors; health club and parking in building; maintenance $598, 50% tax deductible; listed at $345,000, 20 weeks on market. Brokers: Corcoran Group, the Square One Group.
GREENPOINT $910,000
226 Richardson Street (226 Luxe) GMAP
1-bedroom, 2-bath, 2,200-sq.-ft. duplex condo in a newly constructed building; elevator, dining room, eat-in kitchen, north and south exposures; common charge $641; taxes $756; listed at $945,000, 1 year on market. Broker: the Developers Group.
From the print edition of last Thursday's New York Times.
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Comments
how will the university towers fair with all this new construction in progress and slated for the immediate area? Will this turn into its own little community?
Posted by: guest at October 1, 2007 12:32 PM
Shouldn't University Towers really be torn down to enhance the low-rise character of Brooklyn?
I mean, I have a hard time believing the new towers going up at AY could possibly look any worse.
Posted by: guest at October 1, 2007 1:24 PM
Uhm, I live at University Towers and must tell guest at 1.24 that the comment was somewhat offensive. UT is a lovely complex with a strong community feel - the renovated apts are beautiful and we welcome the new construction...it's about time
Posted by: guest at October 1, 2007 3:51 PM
Another UT resident here. The effect of the new developments are that prices are skyrocketing.
The other UT poster is correct, the community is strong and friendly. With 24/7 security and crew keeping the place really nice, it's a lot better kept than most of the houses on Ashland or Adelphi. Plus, once the Myrtle St development is done, we will have immediate access to all kinds of useful stores (some other blog states that Gristedies just signed a lease).
Frankly, I'd rather live at UT than ORO or Belltel and spend twice as much for the same space, yet be three blocks further from the park and all the trains.
Give it three more years. UT will be the centerpiece of Ft Greene West or Dumbo East or whatever the realtors end up calling the area when 1000 new condo units come on to market in 2009.
Posted by: guest at October 1, 2007 8:17 PM
they are definitely a good deal.
big space for not much money in a good locale.
Posted by: guest at October 1, 2007 8:28 PM
"big space for not much money in a good locale."
--Where you're fairly likely to get shot in the face, no?
Posted by: guest at October 1, 2007 11:59 PM
No - UT is completely safe. The deals for the amount of space at UT are simply amazing. i agree with 8.17 - i would much rather live at UT than BellTell or ORO.
Posted by: guest at October 2, 2007 9:35 AM
To the naysayers:
So what if it's postwar. They claim it's safe, clean and roomy for the money. I have seen it and concur. Taste change every two decades or so. What used to be out of fashion - 60s white bldgs in Manhattan is in vogue and quite pricey! And the generic looking Oro or Forte monstrosities are no bargain either. Watch when the Arena goes up. Downtown/Ft Greene is fast changing and soon you'll be drooling over what these guys own at UT and wish you live there. Btw, a few shots where heard in Brooklyn Hgts and Prospect Park West a few days ago.
Posted by: guest at October 2, 2007 1:55 PM
Yet another UT resident here. My neighbor at 10/1 8:17 is right. One day in the not too distant future you'll all be annoyed that you didn't buy in when you could. With very limited availability and I believe over 80% owner occupied you cannot beat it. Plus with onsite parking and the DeKalb train station right at the corner...come on. Knock them down and do what, put up another luxury condo? We are very much a community so why not talk about what you know and stop spewing the bile.
Posted by: guest at October 10, 2007 10:21 AM

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