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June 16, 2008

House of the Day: 483 Putnam Avenue

483-Putnam-Avenue-0608.jpg
This three-story brownstone at 483 Putnam Avenue in Bedford Stuyvesant is a charmer. The parlor floor of the owner's duplex is stunning, and it looks like the rest of the house has its share of original details as well. If this were four stories, we'd say that the asking price of $809,000 looked pretty good. At three stories and only about 2,500-square-feet, it's not as compelling as Thursday's House of the Day. But given that this place changed hands for $700,000 two years ago, it's not crazy either. We'll be surprised if they get their price though in this market.
483 Putnam Avenue [Corcoran] GMAP P*Shark




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Comments

I'd be surprised if they got 600k now

Posted by: guest at June 16, 2008 1:29 PM

another overpriced property by Corcoran.

Posted by: guest at June 16, 2008 1:30 PM

Depending upon how well kept that block of Putnam is, they will get it or very close. The major drawbacks are proximity to the train...about 15 minutes from the Utica A stop and no grocery store near them.

Posted by: daveinbedstuy at June 16, 2008 1:34 PM

last week HOTD down the street was over 100K cheaper and a larger by a floor. Why is Corcoran so overprice with shady agents...

Posted by: guest at June 16, 2008 1:35 PM

Dave The C train is a 5 min walk and Nostrand AC is 10 min

Posted by: guest at June 16, 2008 1:37 PM

I think 750K for this is fair

Posted by: guest at June 16, 2008 1:38 PM

My cousin brought two houses on this block two years ago for 900K but they needed a ton of work... But I still think this one is a bit high.

Posted by: guest at June 16, 2008 1:39 PM

cute house not so cute price... Maybe $720,000

Posted by: guest at June 16, 2008 1:42 PM

Nice cool colours

Posted by: guest at June 16, 2008 1:43 PM

1:37...the C is not 5 minutes...I live on Stuyvesant between Macon & Halsey and the A at Stuyvesant & Fulton is a 4/5 minute walk for me..and I walk fast.

Posted by: daveinbedstuy at June 16, 2008 1:45 PM

your major drawbacks are wrong. This home is about 6 blocks to the C train Kingston/Throop station or Nostrand A/C. And you dont have to walk pass the projects like the Utica A stop.

Lot's of grocery stores too and closer to Clinton Hill.

No I'm not a broker I own on the block.

Posted by: guest at June 16, 2008 1:46 PM

About the owner's duplex: Why is the kitchen on the top floor? Why is there no bathroom on the parlor floor?

Posted by: guest at June 16, 2008 1:50 PM

First of all, logic would dictate that it can't be "about 6 blocks" from BOTH the Kingston/ Throop and the Nostrand stations. That's simply ridiculous.

Secondly, there are no projects between Putnam & the Utica A at the foot of Stuyvesant Ave.

Thirdly, bodegas are not "grocery stores"!!!!

Maybe you live on that block but you must not get out often.

Posted by: daveinbedstuy at June 16, 2008 1:52 PM

And fourth 1:46...there isn't anything "nice" in Clinton Hill that's close enough to bother walking to. The closest place would be Choice...Lafayette & Classon? That's along way and a crappy neighborhood to walk through.

That said, this house is closer to Taco Poblano on Broadway about 2 blocks SE of Throop!!! The only redeeming logistical attribute that I've found so far.

Posted by: daveinbedstuy at June 16, 2008 2:00 PM

Wow! Check out the new metrosexual Jerry Minsky!

Posted by: tinarina at June 16, 2008 2:01 PM

1:50--

I suspect the top floor is the rental.

This looks like a nice reno, but the configuration is less than ideal.

Posted by: tinarina at June 16, 2008 2:12 PM

Dave, You are not the offical bedstuy spoke person on Brownstoner.

483 Putnam is about 4 to 5 Avenues west of Stuyvesant. Less fringe. Just man up and admit you made an error with your "major drawback" statement. Cut the troll crap out.

I made a mistake about the nostrand station but it's still closer and safer than the Utica walk. Also I said I "own" on the block dont make assumptions.

Posted by: guest at June 16, 2008 2:12 PM

Sorry 2:12...I didn't label myself as the official spokesperson..you did. And, its only 3 avenues west of Stuyvesant....Those streets are "more fringe" than Stuyvesant. They are certainly FAR more commercial.

The Nostrand walk is not "safer" than a walk down Lewis or Stuyvesant.

For all of you out there interested in this house, Marcus Garvey, Throop, Tompkins, Marcy & Nostrand are not unsafe streets. That said, they are not as "nice" as Lewis & Stuyvesant and for that matter may appear "less safe." But they are more commercial and oftentimes not good commercial.

Taking the C is a waste of time if you're headed into Manhattan..you need to change to the A anyway, unless a longer ride is what you're interested in.

Posted by: daveinbedstuy at June 16, 2008 2:23 PM

I drove the block Sunday. This house is on a hot block. Like Lil' Wayne Hot. People were barbequing in their front yards. Looked crazy. If you are willing to live like that,
god be with you.

Posted by: guest at June 16, 2008 2:31 PM

I wonder how much this house would go for in North Park Slope 2 million maybe?

Posted by: guest at June 16, 2008 2:31 PM

Yeah 2:31 but then you'd have to deal with all the stroller moms....

Posted by: daveinbedstuy at June 16, 2008 2:33 PM

2:31 = elitist

Posted by: guest at June 16, 2008 2:43 PM

Block party maybe?

Posted by: guest at June 16, 2008 2:43 PM

the block parties are great...

Posted by: daveinbedstuy at June 16, 2008 2:46 PM

I live on this street, so let me chime in here.
The house is located between Throop & Tomkins. It's less than a 10min walk to Foodtown on Fulton- the best grocery store in Bed Stuy or most of Brooklyn for that matter.

It's approx. a 7min walk to the C train, trust me I timed it. It's about a 12min walk to the Nordstand station. This a solid block with a lot of changes going on. I think the house is overpriced considering the size.
Dave in Bed Stuy- Lewis may be a 'nicer' block to walk on- but this location is 10x more convenient!

Posted by: guest at June 16, 2008 2:51 PM

This is a good block in Bedford Stuyvesant I am sure it will sell for a nice price not too much under 800K

Posted by: guest at June 16, 2008 2:59 PM

2:51...it is 10x more convenient than what???

It is not more convenient than locations closer to the A stop and closer to the better grocery stores, the point I was making to 2:12


Drop it and let people figure it out for themselves. 2:12 can't even read the map and he/she lives on Putnam!!!

Posted by: daveinbedstuy at June 16, 2008 3:03 PM

2:51 here again
Dave,
which grocery stores in Bed Stuy are better than the Foodtown on Fulton? I would really like to know! More convenient to other parts of brooklyn that happen to have more amenities than Bed Stuy.

Posted by: guest at June 16, 2008 3:10 PM

3:10...more convenient how so?? If my walk to the A train is 4 minutes (which is how this discussion began if you took the time to read back) it is not more convenient. If you are talking Clinton Hill geographically, then yes. But are you really going to walk? There's nothing that close to walk to in "other parts of Brooklyn" including Clinton Hill. You need to take a car, and in that respect, its no closer to "other parts of Brooklyn."

Posted by: daveinbedstuy at June 16, 2008 3:20 PM

Dave-
you didn't answer the grocery store question.
But I walk to Clinton Hill all the time! It takes me about 15-20min. Not all of us are lazy! And sometime I catch the bus to Williamsburg- which is too far to walk to

Posted by: guest at June 16, 2008 3:26 PM

2:31 post responding here. I am not an elitist one bit. It wasn't a block party. Thi was straight up folks in wife beaters queing in their front yard rather than the back. A strong sign that they have no garden access? Renters maybe? People on lawn chairs chilling in the front like there ain't sheet else to do in the house with no AC. Listen I am these people and wouldn't want to spend good money living next to such ghetto behavior. Compare that block with some of those in Lefferts Manor. No outdoor quing in the front yard and must have one fam to every residence. We all have our own idea of what BK/NY means to us. This is more grimey-old school do the right thing style. That was the late 80's, I've moved on. I can't see wifey walking down the block dealing with this element. No arguement here. Just a difference of opinion.

Posted by: guest at June 16, 2008 3:35 PM

The Foodtown is pretty much centrally located, east/west, for all of Bed Stuy...but the further you go North, the further it becomes...which was my original point.

For people not familiar with Bed Stuy and thinking about it, you will not find a better supermarket in most of Brooklu=yn and most of Manhattan that the Fulton Ave Foodtown. No, its no Union Market or Dean & Deluca but its far better that any Associated, Gristedes, D'Agostinos, Food Emporium (except the QueensBorough Bridge one on 1st Ave)

I was amazed at how good it was.

On another topic 3:26, I don't take buses.

Posted by: daveinbedstuy at June 16, 2008 3:36 PM

Dave, Earlier you said this house was close to Broadway. We all can see that you commented before checking your trusty map of Bedstuy. But now we must all drop it.

One day when you grow up to be a big troll you will learn to read comments and maybe you can stand up like man and admit it when you're wrong.

Posted by: guest at June 16, 2008 3:45 PM

3:45...I didn't say it was close to Broadway you moron. Here's what I wrote...

That said, this house is closer to Taco Poblano on Broadway about 2 blocks SE of Throop!!! The only redeeming logistical attribute that I've found so far.

Posted by: daveinbedstuy at June 16, 2008 2:00 PM

Meaning it was CLOSER to Broadway than I am.

Reading comprehension 3:45, reading comprehension...work on it

Now who looks like the big troll who can't read?

Posted by: daveinbedstuy at June 16, 2008 3:51 PM

i wish daveinbedstuy would start his own blog since he has so much to say and thinks everyone wants to hear it. then he could stop hijacking every post that mentions bedstuy. i live in the neighborhood and i'm happy to discuss it with anyone who has something to say but this man is just SO BORING

Posted by: guest at June 16, 2008 3:53 PM

Now you stand up and admit you were wrong 3:45

Posted by: daveinbedstuy at June 16, 2008 3:54 PM

Like stated before this house is more convenient to amenities and the grocery store than anything on east of Lewis. Come on Dave admit you’re wrong!

Posted by: guest at June 16, 2008 3:54 PM

"ne day when you grow up to be a big troll you will learn to read comments and maybe you can stand up like man and admit it when you're wrong."

Dave has to admit he is a man first.... One thing at a time.

700K huh? Ok let's look at the CURRENT Mortgage situation. The underwriter from any bank is going to kill this deal. Why you ask? Try getting a mortgage now and come back and tell us how fun it was.

400K FHA Good bye...

The What

Someday this war is gonna end...

Posted by: what at June 16, 2008 4:05 PM

I like Foodtown at restoration it is pretty impressive

Posted by: guest at June 16, 2008 4:15 PM

3:54...its about 9/10 blocks from the Foodtown...that is not "close" by what others from other parts of Brooklyn (and certainly anyone from Manhattan) would think. That's what my original point was.

Posted by: daveinbedstuy at June 16, 2008 4:16 PM

What...do you even know how to go about getting a mortgage?? First you have to have a decent credit score.

Anybody with a decent credit score and a downpayment of 10% or more will easily get this house. That's what mortgages have traditionally been based upon. And thats where they are back to now.

Posted by: daveinbedstuy at June 16, 2008 4:18 PM

BBQing! Renters! OMG, stop the insanity! As someone whom hasn't quite moved on from the late 80's grime of NYC, I love the fact that I see people hanging out on their stoops. And kids playing on the sidewalk. It brings something to the neighborhood. That something is energy, life and uniqueness.
PS: Yeah, you are an elitist.

Posted by: rh at June 16, 2008 4:19 PM

Dave, Stuyvesant ave is closer to Broadway than throop. You do not know bedstuy.

The next ave from you is Malcom X. And if you happen to come out the wrong exit on the A train you will be right in the middle of the PJs or outside of Kennedy fried chicken. Stop it already.

Posted by: guest at June 16, 2008 4:20 PM

The what keeping it real...

Posted by: guest at June 16, 2008 4:24 PM

4:20...please stop posting until you comprehend what I was talking about. I merely pointed out that the house was closer to a great Mexican restaurant that is on Broadway near the intersection of Throop than where I am at Stuyvesant near Macon.

I hope you know how to read your lease or your mortgage documents better than you can follow this thread.

Stop it already. Your head must hurt from all the reading by now.

Posted by: daveinbedstuy at June 16, 2008 4:27 PM

OH NO Dave really lives in Ft. Greene

Posted by: guest at June 16, 2008 4:28 PM

great house good location in this area. I would not look north of Madison if I was moving to this area has a different vibe in that part of the area

Posted by: guest at June 16, 2008 4:33 PM

All you other readers...this looks to be a real nice house on a pretty decent block in Bed Stuy. It is worth close to what the asking price is. They are asking $315 psf. The renovation looks very good. I would assume a new roof, new plumbing and new electrical. Most places of this size and this price have all of that done. Not sure why there weren't any bath pics though.

Although we've been going back and forth on the time to walk to the train, its about 12-15 minutes to either the Nostrand A or the Utica A....you do not walk by any projects from Putnam Ave to these two stops.

The Foodtown is great.

You cannot get a nice brownstone with a lot of the work completed for $315 psf anywhere else and I would encourage you all to look at it and consider the neighborhood..snarky comments and back-and-forth battles aside!!

Posted by: daveinbedstuy at June 16, 2008 4:35 PM

4:33 is correct

Posted by: daveinbedstuy at June 16, 2008 4:40 PM

"1:37...the C is not 5 minutes...I live on Stuyvesant between Macon & Halsey and the A at Stuyvesant & Fulton is a 4/5 minute walk for me..and I walk fast."

Dave, I guess you have to walk fast in BedStuy, right?

(Sorry, couldn't resist)

Posted by: denton at June 16, 2008 4:45 PM

Dave you make a really good case. Most renovated brownstones are $900 - 5 million in Brooklyn

Posted by: guest at June 16, 2008 4:49 PM

BBQ in the front yard...sitting on stoops and lawn chairs...Ghetto Behavior??? Nope. That was just typical neighborly Brooklyn behavior before gentrification made it declasse. They have no backyard access and the landlord (of course!) let them do it. My childhood in Staten Island was spent among my ex-Brooklynite neighbors and old habits died hard. Our parents all hung out on each other's stoops--even when they had their own backyards (but no A/C)--and shot the breeze. Us kids would run up and down the block playing games and chasing lightning bugs. I wish there were more of that now but everyone retreats inside. The downside of A/C.

I'm not really taking the poster seriously. He may just want to get a rise out of us.

Posted by: guest at June 16, 2008 5:12 PM

"Anybody with a decent credit score and a downpayment of 10% or more will easily get this house. That's what mortgages have traditionally been based upon. And thats where they are back to now."

Oh no But-Boy! This is a JUMBO!!!! 20% Down, Interest rate north of 8% Asshat! 680 Credit Score and 6 month of PITI in the bank (Must be seasoned). Let's take a look shall we..

809K (Ha ha)
162K (Down payment)
647K (Mortgage)

Result:
Monthly payment: 30 Years
Interest rate: 8.000%
Loan amount: 647,000.00

$ 4,747.46 a month!

Let''s add in Taxes and Insurance about 600 a month. Plus lets add in ENERGY, about 700.00 pear month( I know wither season, I will use avg) 400.00 per month.

The Grand total is about 5700.00 per month.

Now Asshats lets see how would Underwriter fund this?
Rent from the top floor 1500 per month so I can apply 75% of that to the "income" of the Asshat Landlord!

5700-1125=4575

Then .35% x 4575= 13,072 monthly income from Asshat Landlord or 156,857 a year..

Now I ask you on question.. How much would a Duplex rent for on this block?????????? Let me take a swing at it 2200.00 per month!!!

Now just to be a Asshat Smug-Metoo Owner this "Genius" is paying a premium of 2300.00 per month or 27,00 per year.

You see Asshats no one figures this in to their decision making. Just part of the GO-Go Asshat generation!

The What

Someday this war is gonna end...

BTW There is no more 90% LTV loans!

Using 35/41 Debt to income ratio.

Posted by: what at June 16, 2008 5:16 PM

Should we sell in prime FG, buy on Putnam and pocket the difference.

To those living on this block and nearby: what would you say the amenities and feel are of the neighborhood?

Will we miss FG a lot or does this area of BS have a lot going for it?

Thanks!

Posted by: guest at June 16, 2008 5:22 PM

This area seems to be changing for the better everyday. More homes like this please Bedford Stuyvesant I know you have them out there...

Posted by: guest at June 16, 2008 5:36 PM

Dave, you didnt mention "intersection" at your 3:51 post. So I lost my bearings because I dont eat at the "great" restuarants on Broadway.

For the record that Throop and Broadway intersection is like a mile away from this house. I'm not sure why that troll brought it up.

im out

Posted by: guest at June 16, 2008 5:48 PM

why is everyone beating up on dave? clearly he has knowledge of the this neighborhood and i agree with his input.

i use to live on halsey and stuy, and it was definitely a 10 minute walk for me.

Posted by: guest at June 16, 2008 5:53 PM

As more and more whites buy up Bed-Stuy crime will go down as they are pushed out making this a good investment in years to come.

Posted by: guest at June 16, 2008 6:02 PM

I left myself open for that one denton.

Glad The What is here though so that all these people don't think I'm the only ass posting here!!!


I'll go to the open house on Wednesday and post the rundown on the Forum on Thursday.

Have a good night all.

Posted by: daveinbedstuy at June 16, 2008 6:15 PM

0
0
0
0
Bloop!

Posted by: guest at June 16, 2008 6:29 PM

where is the guy who wrote this on the last HOTD:
I (an African American) often agree with the earlier poster who said that (some of) the current residents have held the neighborhood back.

There has been a complex socioeconomic mix in Bed Stuy that has allowed some sections to maintain high quality housing stock (e.g., MacDonough between Lewis and Stuyvesant) and other neighborhoods to suffer tremendously (pick any block on Malcolm X). I think it's far more culture driven than class driven. There are folks who care about the neighborhood and have worked tirelessly for years on house tours and other activities to promote the are. There are folks who have little money and figured out that it doesn't cost money to sweep in front of your house (or apartment). Then you have people who throw garbage in the street with trash cans within two feet. I want the last group OUT of the neighborhood. I don't really care that they have been there forever.

The ironic part is that I would not have found my home for the price I did, if these same people weren't there. I'll finally admit that. (It took me a while to work through my newcomer entitlement.)

This is not about money or race - you simply have to care about where you live. Bed Stuy belongs to the people who care about it. Personally, if I could pick up he neighborhood and shake certain people out, I would in a heartbeat. I don't call it hating on my "folks". I call it protecting my investment.

I earnestly hope more people see the opportunity to own in a beautiful commnunity and continue to help shape it into something greater. Black, White, Cablanasian, gay, straight...whatever. Just care about the community when you get here.

Posted by: guest at June 16, 2008 6:29 PM

no bargain considering the location.

Posted by: guest at June 16, 2008 6:36 PM

I love the Victorian mantel

Posted by: guest at June 16, 2008 6:37 PM

LOL 5:48...there aren't many "great" restaurants there on Broadway...certainly not as compared to Roosevelt Ave in Queens...but Taco Poblano is pretty low end with a bar and the food is pretty good and authentic..even the barbacoa which is authentic goat.

It's a few blocks further SE on broadway...maybe closer to Park

I can walk there in about 20 minutes from Stuyvesant & Halsey

5:53..damn, you walk slow!!!!

6:02...go back to your cave

PS everyone...the new restaurant in the old petite Bassam site is opening soon

Posted by: daveinbedstuy at June 16, 2008 6:40 PM

Is there anywhere online can you see photos of this area from the Victorian era?

Posted by: guest at June 16, 2008 6:41 PM

cheap crapy condos all over the city go for more than this 3 story plus cellar house.. This is a great deal. This investment will pay off very soon.

Posted by: guest at June 16, 2008 6:45 PM

the What, dude shut up already. You are from Bed Stuy and all you want to do is tear it down. Didn't someone call you a crab they other day? You are just that - a crab in a barrel.

I just recently got a jumbo loan with 10% down with a 5.5% interest rate. You have no clue what you are talking about. None!

Any monkey can cut and paste. It is the ability to analyze information and make intelligent assessments that separates us from the beasts. Clearly you have not made that leap as yet.

Dave - you are a bit long winded, but generally I agree with you. When is the new Smoke Joint restaurant opening? I read about some good pizza place in NY Magazine that recently opened up somewhere in the hood link here (http://nymag.com/daily/food/2008/06/naplesstyle_pizzeria_coming_to.html ) You been?

Posted by: bedstuyhoya at June 16, 2008 6:51 PM

Corcoran's site also has this condo:

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1084062

At $563K and 1800 square feet in a similar location, I find it to be an interesting comparison.

Yes, but apples and oranges, you say? Maybe. But when the apple's half the price of the orange, are you going to make marmalade or pie?

Posted by: Heather at June 16, 2008 6:57 PM

I thought that as part of the Economic Stimulus Act of 2008, Fannie Mae’s limit on conforming loans has been temporarily raised from $417,000 to $729,750 on single family homes and even higher on two family properties.

Posted by: guest at June 16, 2008 7:00 PM

Smoke Joint at Bassam will be called "Peaches"...it should be soon..next 2 weeks probably. The pizza place will be two blocks further up on the corner of Lewis & Halsey...the old Jamaican restaurant in the 2 story clapboad building on the NW corner

I resent the long winded comment though. I may post way too often for some of our viewers but never long winded. Had a few friends that went on to Georgetown medical...they were all long winded. Take care.

PS there is also a specialty food/gourmet market/cafe in the works for the neighborhood too

Posted by: daveinbedstuy at June 16, 2008 7:03 PM

I can really see this neighborhood being hot over the next 5-8 years. As downtown Brooklyn become a construction nightmare Bedford Stuyvesant is far enough away from that it will not to have the headaches of all that chaos. I can see Bedford Ave becoming a condo road but nothing like Downtown Brooklyn.

Posted by: guest at June 16, 2008 7:12 PM

I like Dave I think he really cares about whats going on in Bedford Stuyvesant...

Posted by: guest at June 16, 2008 7:17 PM

Dave: Did the owners of the new brick oven pizza place buy the whole building, or are they just renting the store?

And don't tease us with the new market/cafe info. What gives?! Cough it up, Dave!

BedStuyhoya: The t'What actually grew up in Clinton Hill. He doesn't even know the zip codes that cover our neighborhood. Total loser. Read him only if you need a laugh or want to waste some time.

- 11233

Posted by: guest at June 16, 2008 7:18 PM

Tinarina or Christine...comments about someone's appearance, who I am sure that you don't know, are so unnecessary for this blog. This is a blog about real estate not a place for you to insult other people for absolutely no reason.
Its pathetic and quite frankly your profile says that you are over 40 years old, wow, you would think that you would know better..that is something I would expect a child to do.

(no I am not Jerry, nor do I know him, or even live in Brooklyn..but I am so sick of people taking cheap shots at other people)

Posted by: guest at June 16, 2008 7:18 PM

We need about 20 more places like Peaches in the neighborhood...

Posted by: guest at June 16, 2008 7:18 PM

I would love to buy this house but I am afraid that my entire family: mother, father, siblings, would never ever visit.
I also would not need a whole house when my westchester-raised wife leaves me and takes the children back to live with her folks in Rye.



Posted by: guest at June 16, 2008 7:22 PM

well 7:22 if you have narrow minded family maybe this is not the place for you... You family is going make you miss a great purchase you go live with them in the burbs..

Posted by: guest at June 16, 2008 7:36 PM

7:18...the gourmet food store is in the works...hopefully sept or oct. I'm told it will be somewhat of a cross between Provisions on Fulton in FG and Chop Chop on Smith. The people are still looking for one or two investors but are moving forward on a space.

The pizza guys are renting the space at the corner of Halsey & Stuyvesant but there still is no sign of any work being done. The guy that owns the building also owns the corner building across the street with the bodega.

Posted by: daveinbedstuy at June 16, 2008 7:37 PM

I live on MacDonough Street and I have white neighbors on both sides on me that grew up in very rich houses and that have family over all the time. One couple from Hartsdale in Westchester Co. had her sisters wedding in the parlor of the Bedford Stuyvesant Brownstone rather than the lovely suburban house... but those rich open minded white people are not stuck in some paranoid box like you family 7:22... Must be new money.

Posted by: guest at June 16, 2008 7:51 PM

Oh god, you said it, it's totally new money.
so declasse.
can't wrap their heads around the fact that Bed Stuy was a slum Yesterday, but today, it's FABULOUS. People with new money are just so, I don't know, reality-based. it is sickening.

Posted by: guest at June 16, 2008 8:21 PM

The city has to step up to the plate and do something for Bed-Stuy already. I go to South Beach in Staten Island and I see the city has built a giant pier on the water there as well as a waterside catering hall/restaurant, I go to Sheepshead Bay and I see the beautiful marina and economic development still going on with restaurants and new streets. I go to coney island and I hear about a multibillion dollar plan to turn it into the new DisneyLand/Las Vegas of the East.
Then I go to Bed-Stuy and I'm wondering where the city is as far as developing park land. How about planting some more trees, how about knocking down some of those old warehouses and making a skate park, how about tax incentives to put in some sort of large project like a sports center, a museum or a college center? For such a large neighborhood in the center of Brooklyn, you would think that the politicians could get it together long enough to make a positive impact. How about a hip hop museum, or a recording center, or an urban campus for some ivy league school like Cornell.
No imagination whatsoever, they wait and wait for market forces to change the neighborhood instead of taking some sort of initiative. How about a brownstone museum or even a large, permanent art work like the Socrates sculpture park in LIC. How about the city subsidizing a major architect like Mier or Calatrava or Ando in the renovation of a few brownstones for the middle class. How much could it possibly cost to have one of these firms draw up the plans to re-interpret a typical brownstone row?
It took me about ten minutes to come up with all this. How much are they paying our city "urban planners" with their degrees to sit around and navel gaze while improving neighborhoods that are already just fine, and allowing the neighborhoods in need to tread water waiting for a market solution.

Posted by: guest at June 16, 2008 8:53 PM

"I just recently got a jumbo loan with 10% down with a 5.5% interest rate. You have no clue what you are talking about. None!"

RIIIGGGHHHHHHTTTT! That was a FHA, Fannie Mae or Freddie Mac. There are no 90% LTV, maybe 90% CLTV and if that's so, your rate got bumped up. Nice try Asshat! Maybe you and Dave can massage each other prostates with broom handles...

"Any monkey can cut and paste. It is the ability to analyze information and make intelligent assessments that separates us from the beasts. Clearly you have not made that leap as yet."

I'm sorry did say something in this paragraph?

"Glad The What is here though so that all these people don't think I'm am only ass posting here!!!

Thanks Dave....

You Asshats crack me up.. Keep praying fools...

The What (Dave, I'm your father)

Someday this war is gonna end...

Posted by: what at June 16, 2008 9:10 PM

Dave: OK, I need to test you ....

So teh pizza place will take over the parking garages on teh Lewis side of the building too, or will it only occupy the space Vinette's had?

Teh bodega across teh street is the one being rehabbed, right? What is the status of that buidling?

Thanks, Dave.

- 11233

Posted by: guest at June 16, 2008 9:12 PM

Yes, the pizza restaurant will be in the Vinette's space...don't know if that includes the "garages" as well. Don't know what is going on in the building on the SW corner where the bodega is. Same guy owns both buildings.


The What...you are no one's father...and if you are then I know that they would probably deny it.

Posted by: daveinbedstuy at June 16, 2008 10:18 PM

11233...are you Chicco?

Posted by: daveinbedstuy at June 16, 2008 10:33 PM

I think a good school would help the area. St Johns use to be in Bedford Stuyvesant I think they should have a Brooklyn campus.

Posted by: guest at June 17, 2008 12:09 AM

What Bedford Stuyvesant needs is:

-The neighborhood has a discernible center. This is often a square or a green and sometimes a busy or memorable street corner. A transit stop would be located at this center Fulton Street.

-The streets shaded by rows of trees. This slows traffic, creating an environment suitable for pedestrians and bicycles.

-Certain prominent sites at the termination of street vistas or in the neighborhood center are reserved for civic buildings. These provide sites for community meetings, education, and religious or cultural activities.

-The neighborhood is organized to be self-governing. A formal association debates and decides matters of maintenance, security, and physical change. Taxation is the responsibility of the larger community

Posted by: guest at June 17, 2008 12:19 AM

The urban middle-class typically does not begin to occupy new neighborhoods all at once. In many cases, more economically marginal subgroups of "trend-setters"—often referred to in popular literature as "urban pioneers" (Smith 1996, 26) although that term carries with it racist aspersions (Smith 1996, 13)—are the first to arrive in gentrifying areas. Although these groups may not have high incomes, their high educational or occupational status (i.e., high cultural capital) qualify them as marginally bourgeois. In many cases, these individuals are young and live in non-family households, and thus have a higher tolerance for perceived urban ills (such as crime, poor-quality schools, lack of amenities like shops and parks, and the presence of disadvantaged racial, ethnic, or socioeconomic groups) that may dissuade middle-class families.

Posted by: guest at June 17, 2008 12:24 AM

As the number of "trend-setters" grows, they create amenities valued by the bourgeoisie, particularly service establishments such as new bars, restaurants, and art galleries that serve the gentrifying group's demographic. Residents with a similar outlook and greater amounts of capital may then follow. This group, in turn, further adds amenities and investment to the area, increases local property values, and paves the way for more risk-averse investors and residents. The first newcomers, priced out of their newly fashionable neighborhood, move on to adjacent areas, where the process often begins anew. In this theory, the classic sector model of urban residential succession—essentially that neighborhoods "trickle down" from one socioeconomic group to another, with the wealthiest residents moving linearly outward from the central business district—works in reverse, but the "invasion-succession" process proceeds in a remarkably similar fashion.

Posted by: guest at June 17, 2008 12:25 AM

It looks like Stuyvesant Heights is going to be its own village.

Posted by: guest at June 17, 2008 12:31 AM

Only thing missing is a nice little tree in the front

Posted by: guest at June 17, 2008 12:33 AM

This looks like a good deal for the money... How far is this from the grand brownstones on Jefferson and Hancock St.

Posted by: guest at June 17, 2008 9:32 AM

I see gentrification

Posted by: guest at June 17, 2008 11:00 AM

I live in Roosevelt Houses.And i can tell that all the stick up boys around here, cant wait til all u wealthy yuppies start moving in.They know all ur walking routes from the train.Good luck walking home at night guys.Ull need it.

Posted by: Anonymous at June 17, 2008 1:02 PM

I spy a Viking range! I love to cook and these perks excite me...

Posted by: guest at June 17, 2008 1:29 PM

1:02 get up off your ass and do something productive. Dont be like your Pappy!

Posted by: guest at June 17, 2008 1:31 PM

Nice house good block old school Brooklyn feel... I think this will sell close to asking

Posted by: guest at June 17, 2008 1:49 PM

what are the Roosevelt Houses? where is it?

Posted by: guest at June 17, 2008 1:50 PM

There are new pictures up...one of which confirmed my suspicions that the kitchen counter was actually marble. YOU DO NOT USE MARBLE ON A KITCHEN COUNTER. It will stain heavily with use and many "experts" consider it a health hazard as it is actually porous enough to hold all that bacteria that now comes with our tomatos, lettuce, chicken and pork.

1:02 I applaud your try at being "ghetto" get back to your office job now.

Posted by: daveinbedstuy at June 17, 2008 1:52 PM

When is the city going to start to work on Fulton Street... Whats the hold up? This is the most historic street in Kings County and the rest of long Island

Posted by: guest at June 17, 2008 1:53 PM

Far be it from me to start up the subway argument again but if you were to walk to the bottom of Lewis Ave and through the (really nice) Fulton Park you'd get the A train express without ever having to deal with the less idyllic parts of Fulton at the Kingston/Throop or the Nostrand stop. Fulton Park is a very nice park across the street from Voys and Girls High School on Fulton.

Posted by: daveinbedstuy at June 17, 2008 2:11 PM

What the hell r u talknig about dave.I just told u i live in the PJs.Oh i get it, black people arent supposed to know how to type.

Posted by: guest at June 18, 2008 1:47 PM

Ok Dave in Bedstuy. You appear to be someone who moved into a black community without knowing what goes on in one. So NOW you can tell your buds all about the sub standard living here and no us poor blacks are not just crying again about all the things lacking, so now that you are here the system would rather see you to die before it cleans up a black community. So thats what you get for not using your apparent good education to get out not come in. Well come to the edge look at yourself among lack of preservation you to are becoming a bitter human being

Posted by: guest at July 6, 2008 7:54 AM

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