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March 25, 2008
150 Myrtle Revealed As Part of Condo-Mania Event
Lookee what we have here: Images, finally, of the 38-story condo BFC Partners is building at 150 Myrtle. The 'scraper will be dubbed Toren, which means "tower" in Dutch, and its unveiling is part of a New York Observer-sponsored event this Sunday that'll showcase more than 40 luxury condos. (Check out the rendering of Toren's swimming pool on the jump.) In addition to 150 Myrtle, six of the other condos on display—One Hanson Place, 80 Metropolitan, Forte, One Brooklyn Bridge Park, The Edge, and Northside Piers—are in Brooklyn, a pretty good number considering the event is taking place in Manhattan and appears to be targeting Manhattanites. One such Manhattanite, in fact, is Observer owner Jared Kushner, who says he's looking to buy a condo at the event.
NY Condo Showcase [Official Site]
Development Watch: New Details on 150 Myrtle Avenue [Brownstoner]
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Comments
another overpriced addition to the many others now sitting on the market. You can be sure this will sit on the market for several months undergo numerous price cuts and probably eventually go rental.good lick with that.
Posted by: guest at March 25, 2008 3:10 PM
Garsh. Pool is like the Baths of Caracalla.
Posted by: guest at March 25, 2008 3:11 PM
150 Myrtle -- Fort Greene or Downtown? Or has the marketing machine not decided on the nitty gritty of the pitch yet?
Posted by: guest at March 25, 2008 3:12 PM
"Condo- Mania Event" WTF.
This sounds like a desperate attempt by a group of anxious developers/desperate brokers.
Posted by: guest at March 25, 2008 3:16 PM
you should be able to see the projects in that rendering
Posted by: guest at March 25, 2008 3:34 PM
wow 3:10. apparently these developers are clueless and you have it all figured out.
Posted by: BrooklynLove at March 25, 2008 3:36 PM
lol 3:36
Posted by: guest at March 25, 2008 3:42 PM
hey i think this is really pretty... i mean have you seen downtown brooklyn? it needs help! i have kids and this building makes the area a lot safer for them. and , hey sure its a new development building, but it looks REALLY GOOD!!
Posted by: guest at March 25, 2008 3:46 PM
Just remind yourself that it is still a gunshot away from some pretty scary housing developments. Let's hope that more investment banks don't go tits up because of their initial greed or this could become just another dream or overpriced rental building.
Still a nice development, considering that AY is going to look like the Ukrainian front in 1942 for years to come.
Posted by: gwbrubaker at March 25, 2008 3:56 PM
I think this area is "edgy". I hear there are lots of restaurants and nightclubs about to open. Hey, its no Gowanus but we can't all live in -that- kind of luxury can we?
Posted by: guest at March 25, 2008 4:16 PM
I really respect "The New York Observer Presents Luxury Living" website for having a section informing us on the Coalition for the Homeless.
I know at these prices I may need their services one day.
Got any change?
Posted by: guest at March 25, 2008 4:26 PM
Looks OK, but too bad they kill the street wall with that parking garage entrance.
Posted by: zinka at March 25, 2008 4:30 PM
Guys, to be honest if you check on Street Easy, condo sales in Downtown BK and Ft. Greene are not THAT bad. ORO has sold 167 out of 300 available (or 55%), Belltell Lofts has sold 164 out of 219 (or 75%) and One Hanson Place has sold 183 out of 189 (or 97%). NO I'm not a broker...I'm a buyer at ORO, so admittedly I have a vested interest, but the point I'm making is that it appears that people are still buying and (last time I checked) prices ain't dropping...at least not at the big commercial properties. As a matter of fact BellTell has increased prices on a lot of their available apartments (again, according to Street Easy).
Posted by: guest at March 25, 2008 4:43 PM
4:43 your numbers are completely off. Belltell is not 75% sold and One Hanson Place is definitely not 97% sold but keep drinking the kool aid being fed to you by your broker.
Posted by: guest at March 25, 2008 4:57 PM
First of all, these are not MY numbers. Go to www.streeteasy.com. THEIR numbers are based partly on public records (for apartments "sold") and partly on surveys the properties themselves have filled our (for properties "in contract"). PUBLIC RECORD shows BellTell with 141 RECORDED SALES (with 23 in contract) and One Hanson with 182 RECORDED SALES (and 1 in contract). If you don't this the records of RECORDED SALES are accurate, take that up with the city.
Therefore, if it's wrong, it's wrong, fair enough. My question for you 4:57 is, what are you basing YOUR numbers on? Just the fact that you're a hater?
Posted by: guest at March 25, 2008 5:07 PM
4:57 - give us some numbers then.
Posted by: BrooklynLove at March 25, 2008 5:09 PM
4:57 - "I hate, therefore, I post."
Posted by: guest at March 25, 2008 5:10 PM
I love the statement:
"Observer owner Jared Kushner, who says he's looking to buy a condo at the event."
LOL! He's really going to forego his dad's billions and buy in brooklyn??? I wonder if him making that statement was included in the fees the event paid to the Observer?
Posted by: guest at March 25, 2008 5:16 PM
Guys, unreleased units are not recorded on StreetEasy. Just saying.
Posted by: guest at March 25, 2008 5:26 PM
Guys, unreleased units are not recorded on StreetEasy. Just saying.
Posted by: guest at March 25, 2008 5:27 PM
4:43: Your numbers are definitely wrong. One Hanson still lists 20 apartments as available on their site, and they always have withheld lots of inventory, so I'm guessing a lot more than those are available.
Posted by: zinka at March 25, 2008 5:50 PM
Once again, these are not MY numbers, they are from streeteasy. Yes, I did in fact quote these numbers, but with the caveat that they were from streeteasy. I was not attempting to indicate that the big condo developments downtown were "sold out" or "selling like hotcakes". Simply, I was addressing the notion that apartments were not selling at all. In fact, sales are ok, not great, but ok.
Posted by: guest at March 25, 2008 5:57 PM
Once again, these are not MY numbers, they are from streeteasy. Yes, I did in fact quote these numbers, but with the caveat that they were from streeteasy. I was not attempting to indicate that the big condo developments downtown were "sold out" or "selling like hotcakes". Simply, I was addressing the notion that apartments were not selling at all. In fact, sales are ok, not great, but ok.
Posted by: guest at March 25, 2008 6:01 PM
Once again, these are not MY numbers, they are from streeteasy. Yes, I did in fact quote these numbers, but with the caveat that they were from streeteasy. I was not attempting to indicate that the big condo developments downtown were "sold out" or "selling like hotcakes". Simply, I was addressing the notion that apartments were not selling at all. In fact, sales are ok, not great, but ok.
Posted by: guest at March 25, 2008 6:01 PM
One Hanson Place: Active Listings (20)
Posted by: guest at March 25, 2008 6:01 PM
building permit should show number of units
Posted by: BrooklynLove at March 25, 2008 7:46 PM
this building is fucking gorgeous. if you stroll by the sales off you can see the model in the window... *tips hat to the architect*
Posted by: guest at March 26, 2008 12:09 PM
waste of time and money
Posted by: guest at March 26, 2008 10:45 PM
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