Development Watch: 53 Broadway

you say:

"In a sign of the times, condos have been ditched in favor of rentals."

they say:

"The Company intends to develop the corner property site for approximately 72 luxury residential condominiums ..."

also, I suppose it my affect financing, but at this point why would anyone make a decision based on "a sign of the times" when it will probably take about 2 years to complete. The market can change drastically in that time.

Posted by: guest at March 18, 2008 12:27 PM

anything is better than the guys that were living in the lot for the past 2years the smell of human piss in the summer was delightful

Posted by: guest at March 18, 2008 1:07 PM

why dont they draw the buildings that will still surround these new building? I would love to know what retail will rent the ground floor.

Posted by: guest at March 18, 2008 4:51 PM

as an owner in williamsburg, it is fun to imagine what the area will be once all these buildings are in. even if the sales don't go through, i am sure that the rental market here will remain strong. there will continue to be extreme growth for restaurant and store owners. it is an incredibly vibrant population that is different from other parts of gentrified brooklyn. this site can be very negative about williamsburg, but it is definitely interesting and fun to watch the growth, and in general, it's all very positive.

Posted by: guest at March 18, 2008 7:28 PM

4:51 the buildings surrounding it are Marlow and Sons and Diner and its directly across from the Gretsch ,down the Whythe side is a floral designer and some ugly warehouse. There is a real need for retail in the area and hopefully people will see that and not put in a bank

Posted by: guest at March 19, 2008 10:11 AM