« Greenest Block: And the Winner Is... Garden of the Day: Gardening Through Weather Woes »
August 7, 2008
Carroll Gardens Atrocity For Rent
It's the building we love to hate: 45 3rd Place, the atrocity in question that has flouted the neighborhood's vernacular architecture, has units for rent, according to a sign posted in the front yard. After 19 months on the market, and three months after the first price reductions, the aesthetically-challenged developer is trying to cut his losses. According to a reader who called the number listed on the sign in the front yard, the asking price for each unit is $6,500.
45 Third Place Open House: Yuck! [Brownstoner]
Condos of the Day: No Buyers for 45 Third Place [Brownstoner]
A Current Look at Third Place Horror Show [Brownstoner]
Price for CG Atrocity a "Fantasy" [Brownstoner]
Real Photos of Carroll Gardens Bastard [Brownstoner]
Carroll Gardens "Bastardization" Hits Market [Brownstoner]
CG Atrocity: There Goes the Neighborhood [Brownstoner]
Trackback Pings
TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/5797
Comments
Wait....I thought this was the place that inspired angels to sing!
Posted by: Prodigal_Son at August 7, 2008 10:04 AM
Hold on wait a minute! This Fucktard is no different from the Asshats on this Blog! This guy is in the mist of greed and self delusion. This is why I hope to GOD no one will be able to access capital again. This house will be in foreclosure, bet on that!
The What
Someday this war is gonna end...
Posted by: what at August 7, 2008 10:06 AM
The neighbor's tree is doing its best to hide the place.
Posted by: dittoburg at August 7, 2008 10:14 AM
That seems like a steep price to pay to live in a carbuncle.
Posted by: sam at August 7, 2008 10:38 AM
$6,500 for what? How are these broken up? Is each unit a floor? 3 BR? 4BR?
Even with that, $6,500 is ridiculous price in this market. Sure, large rentals are quite desired in this hood. But $6,500 to live in the tumor building?
CLUELESS realtor(s).
Posted by: Prodigal_Son at August 7, 2008 10:47 AM
We can hope that the tumor may be removed from that poor building some day. I've seen it happen before. Does anyone else remember the "Triangle trolley" atrocity perpetrated on the historic subway kiosk at 4th Ave. and Atlantic? Of course no one was living there and someone might actually rent an apartment in this POS, making corrective surgery difficult.
Posted by: Bob Marvin at August 7, 2008 11:17 AM
What -- Please follow these instructions:
1. Place left hand on left side of throat.
2. Place right hand on right side of throat.
3. Choke.
4. If you wake up, repeat.
Posted by: lechacal at August 7, 2008 11:18 AM
Rather than recommending that the What choke himself I would simply point out that this fucktard is not the same as the rest of the asshats on this site. Very few of us are doing anything other than trying to find a nice place to live that we can afford and that will meet our needs in the long term. We are not building bizarre contraptions on top of our houses. Your inability to discern between overreaching developers and regular folks trying to find a place to live is laughable and makes everything you have to say be taken for the indiscriminate ranting that it is.
Posted by: wasder at August 7, 2008 11:29 AM
Wasder, was your last sentence directed at me?
Posted by: lechacal at August 7, 2008 11:39 AM
No lechacal. I was backing you up. That was squarely aimed at the What. Sorry if you misunderstood.
Posted by: wasder at August 7, 2008 11:49 AM
Not to encourage namecalling but I have to say that asshat is one of my new favorites. I'll try to work it into conversation as many times as I can today. Good stuff!
Posted by: WTerraceGirl at August 7, 2008 11:49 AM
Hey Fucktards! I'm standing over here, ROTFFLMMFAO!!!!!!!
Shoot over here.
The What
Someday this war isgonna end...
Posted by: what at August 7, 2008 12:01 PM
$6500 - to live 3 or 4 blocks from the CLOSED entrance to the F train and no other subway. To be at the FAR end of Carroll Gardens. To live in a piece of a poorly done ugly reno. UGH!
What: Was it Dorothy Parker who said - if you don't have anything nice to stay, come sit by me.
Posted by: cobblehiller at August 7, 2008 12:15 PM
Hey, the place is ugly but don't exaggerate. The location is fine. It's not like it's way down near Hamilton and there WILL be an open subway on the other side of Smith Street if/when Stein gets to continue building.
Posted by: Carol Gardens at August 7, 2008 12:32 PM
And Parker also said "If you want to know what god thinks of money, just look at the people he gave it to."
Posted by: Carol Gardens at August 7, 2008 12:33 PM
I believe it was Alice Roosevelt (daughter of TR) who is credited with the "sit next to me" aphorism.
TR once famously said "I can run the country, or I can control Alice, but I can't do both"
Now, for the house,
I think things in NY are out of whack when a property this ugly, in a location this ordinary, is demanding this kind of rental price.
It really is time to consider cashing in and getting out of dodge. I never thought I would say it, but what is happening now is just insane. and the poverty that is apparent everywhere is no better than it was twenty years ago.
Posted by: sam at August 7, 2008 12:55 PM
The location of the building is fine, it's the hump on its back that is disturbing.
Posted by: jwald at August 7, 2008 1:10 PM
"no different from the Asshats on this Blog! This guy is in the mist of greed and self delusion"
Real talk. Homeshoppers just looking for a place to live = still speculators. You cannot "tell" me you're not banking on a return.
Posted by: DOW8000SP800 at August 7, 2008 1:38 PM
The location is fine. its safe, its boring, there's good parking.
So why not live in Bergen County? Is one tunnel that different from another?
The location is fine, but it is not a prestige or central location.
You can find cheaper rentals than this in the Upper East Side.
Posted by: sam at August 7, 2008 1:44 PM
Well DOW, to answer your question, sure anybody who is buying a house is hoping for a return on it. But its beyond a ridiculous stretch that everybody on this blog is just the same as a developer who bastardizes a classic old house to create massive ugly condos that they will never live in. Completely ridiculous for the What to suggest and for you to agree with. Are you just the same as that developer? I sure am not.
Posted by: wasder at August 7, 2008 1:45 PM
Interesting that the what failed to post on the house that sold for over $2 million. Doesn't feed into your insanity, what?
Wasder, how many days left?
Posted by: 11233 at August 7, 2008 1:51 PM
The developer is offering the units at $6,500 because that's where the numbers work for him/her. When the interest reserve on the construction loan runs out, the developer will default and the bank will either offer the units at a market-clearing price or sell the asset at a discount to someone who will. It takes a long time for real estate like this to adjust downward to meet the market.
Posted by: Sean at August 7, 2008 1:58 PM
I think we should be at 83 days at this point.
What--what is your tick tick tick count at these days oh great genius one?
Posted by: wasder at August 7, 2008 1:59 PM
"cobblehiller: $6500 - to live 3 or 4 blocks from the CLOSED entrance to the F train and no other subway. "
as ugly as this house is it's on an absolutely lovely block with great restaurants and bars just down the street. and
the subway entrance IS NOT CLOSED. dont you live in the
hood? so you dont have any other subway either...although it's not a big deal with an F/g only.
Posted by: CGmodern at August 7, 2008 2:04 PM
11233 and wasder, I believe the countdown started on July 31, if I recall correctly. That means the sky shall fall on October 29.
Posted by: Biff Champion at August 7, 2008 2:28 PM
Hmmm, CG, I was under the impression that the 2nd st entrance to Carroll St. Sta. of the F was closed for awhile? So if you're on 3rd, you would have to walk to Carroll for the Carroll St. sta. No? I use the Warren st entrance to Bergen st. sta. the F.
Posted by: cobblehiller at August 7, 2008 2:30 PM
Deutsche Bank to Foreclose on $3.5 Billion Casino
http://www.bloomberg.com/apps/news?pid=20601087&sid=alpUP8xoYnJE&refer=home
"Sagging commercial real estate prices, weighed down by record subprime defaults, forced banks to hold projects until prices rise or sell at a loss. The Frankfurt-based bank would oversee an 8.5-acre development with two high-rise towers, three wedding chapels, a sandy beach overlooking the Las Vegas Strip and a deck featuring ``European-style bathing.''"
How long has this Asshat put this POS on the market. Remember there is no "income" from that house. You see Assholes keep laughing and joking, the whole world is going to come crashing around your heads.
3.5 billion dollars! How much of that money Deutsche Bank is going to recover? 2 Billion maybe 1.5, they will take at lease 35% loss. Just like the rest of you....
The What
Someday this war is gonna end..
Posted by: what at August 7, 2008 2:54 PM
"Interesting that the what failed to post on the house that sold for over $2 million. Doesn't feed into your insanity, what?"
Nope Fucktard because we can look at all for the listing that didn't sell. The new owner of 243 Dean is a sucker and is holding the bag. One last thing tell me how much "apeceation" will happen in 2009?
The What
Someday this war is gonna end...
Posted by: what at August 7, 2008 2:58 PM
Biff--you are correct, Oct 29 is the day. I have it marked on my calendar and have promised the What to check in with him that day.
"You see Assholes keep laughing and joking, the whole world is going to come crashing around your heads."
What--if it crashes on our heads it crashes on yours too. so we will be in it together starting October 29, according to your count. Please keep the days updated so we can be aware of how much remaining blissful time we have before the world crumbles. Thanks!!
Posted by: wasder at August 7, 2008 2:58 PM
Seeing as its the Deutsche bank we can all indulge in schadenfreude.
Posted by: dittoburg at August 7, 2008 2:59 PM
Someday this snore is gonna end...
Posted by: SnarkSlope at August 7, 2008 3:03 PM
I've been working on these too..
Someday this bore is gonna bend...
Someday this whore won't offend...
Someday his tour is gonna end...
etc etc
Posted by: wasder at August 7, 2008 3:11 PM
Someday his grammars gonna mend
Posted by: dittoburg at August 7, 2008 3:32 PM
What, I've asked a couple of times and you did not respond.
Is English your first language? I'm not being facetious, I actually want to know. If it is not, it would go a long way to explaining the way in which you write your posts...
Posted by: 1842 at August 7, 2008 4:00 PM
cobblehiller- I believe there is another entrance to the Carroll St station on 2nd on the west side of Smith Street.
Posted by: jwald at August 7, 2008 4:03 PM
jwald, Ok, wow, really? Hm, live and learn. I never knew that. I've only ever used the one 'plaza' entrance there.
Posted by: cobblehiller at August 7, 2008 4:12 PM
Yes, I was at some of the CGNA meetings and they said that the entrance across Smith would remain open. People were making a big deal because of how crowded it would be and how they would have to cross the street! (Anyway, I hope this means the Carroll exit will remain open later than it does now...)
Posted by: Carol Gardens at August 7, 2008 5:17 PM
1842: The what grew up in Clinton Hil, Bedford Corners if he was lucky, and went to PS 56. He claims to be a native of Brooklyn, so his English language skills are a product of the NYC school system. (That is not an attempt to bash NYC schools, but he is certainly not a poster child for a quality education.) I doubt he got much further than high school. Perhaps he got a GED.
Posted by: 11233 at August 7, 2008 5:39 PM
I haven't been on Clinton Street near 3rd Place lately, but, during my walks to the post office or the park in Red Hook, I remember how the stroll seemed like a tour of the odd, curious, peculiar, and banal in residential architecture.
For all of you architectural purists, it's worth considering that judging the merits of this stretch of Brooklyn to be like assessing blondes at the beach. (How many are naturally blonde? How many are blonde because of exposure to the sun? How many are bottle blondes?)
The only thing truly distinguishing the quality of the aforementioned stroll on Clinton Street was the upkeep of the sidewalks. On some blocks, tree roots caused concrete and bluestone sidewalks to be uplifted, uneven, cracked, etc. Elsewhere, overhanging tree branches required pedestrians to duck so that they don't hit their heads, prevent their eyes/nose/face/scalp from getting scratched, etc. Weeds, cracked sidewalks and curbs, banged up street lamps, etc., dominated the landscape. A few houses that were tidy and ordinary were the best that a pedestrian could hope for on this stroll.
Nevertheless, the streets and front yards were clean, and I had never had a concern for my personal safety during these strolls.
For sure, the photo that you've posted shows tall weeds growing through cracks in the sidewalk alongside this property. Otherwise, writing about this property's assets and liabilities is a peculiar exercise.
Posted by: starpower at August 7, 2008 11:35 PM
I used to rent an apartment from this developer in another building. He's a disaster of a landlord. He doesn't want to be a landlord, nor does he really seem to know what he's doing. This must be a sign of desperation on his part. Anyone that's going to pay $6500 in rent is going to want and deserve a better landlord.
Posted by: iheartbk at August 8, 2008 2:05 PM
I too used to rent from this developer. If you plan on renting from him, be prepared to be treated like garbage and don't ever expect anything that (will) break down to be repaired. He will take complete and total advantage of you.
Posted by: DontTrustAustinNagel at August 8, 2008 3:14 PM
a profile from the nydaily news of the fop who made this abotion possible...what a buffoon
Austin Nagel, 25, compliments two high-design furniture stores in Chelsea with boutique residential developments in Cobble Hill and Carroll Gardens in Brooklyn. Nagel's Natrona Furniture stores, on W. 20th St. off Sixth Ave., sell sleek Italian and Brazilian brand furniture at affordable prices. His developments have apartments ranging in price from $850,000 to $1.3 million.
"I have no desire to be told what to do," says Nagel, who left his native Wyoming at 16 to pay his way through school in Paris. "It's not so much about money as it is doing exactly what I want."
Posted by: eman at August 10, 2008 12:58 PM
apparently the same retarded developer bought a building on the next block hoping to repeat the same scheme...guess what..the block has been downzoned and a stop work issued...that makes at least 2 worthless buildings.. he better sell a lot of that cheesy furniture in chelsea and overpriced shoes on amity and smith to cover these mortgages as well as his costs on his loft in chelsea across from the projects on 10th avenue...looks like bankruptcy coming soon for austin powers nagel
Posted by: eman at August 10, 2008 7:10 PM
Latest Restaurant Additions
-
Chickadee Chick
added November 6, 2009 12:00 PM in Park Slope -
Vutera
added November 5, 2009 12:00 PM in Williamsburg -
Park Cafe
added November 4, 2009 12:00 PM in Park Slope -
Bahia
added November 3, 2009 12:00 PM in Williamsburg -
Aqualis Grill
added November 2, 2009 12:00 PM in Fort Greene -
Wombat
added October 30, 2009 12:00 PM in Williamsburg -
Organic Heights
added October 29, 2009 12:00 PM in Park Slope -
Giardini Pizza
added October 28, 2009 12:00 PM in Carroll Gardens -
Rye
added October 27, 2009 12:00 PM in Williamsburg -
Bati
added October 26, 2009 12:00 PM in Fort Greene
Post a comment
Please be patient while your comment is published. It may take a moment.