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September 4, 2008

Development Watch: Avalon Fort Greene from Above

avalon-from-above-0908.jpg
When we went to the top of the Toren last week, we were able to get a bird's-eye view of the rental project that Avalon Bay is building across the street. The interesting thing to see was that the 650-unit building will be sited at the southeastern corner of the site. The L-shaped portion of the site that is composed of dirt will apparently be open space.
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Myrtle Building Boom from Above [Brownstoner]
So That's What Avalon Myrtle Will Look Like! [Brownstoner]




Posted by Brownstoner at 2:31 PM | Comments (11)
Categories: Development, Downtown Brooklyn, Fort Greene

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Anit we funking now!

Lenders Move to Foreclose on Macklowe Loan

http://online.wsj.com/article/SB122049678764898017.html?mod=googlenews_wsj

"A group of lenders led by Deutsche Bank AG filed papers in New York Supreme Court to foreclose on a $510 million loan that Macklowe Properties Inc. took out to build on the former site of the Drake Hotel on Park Avenue between 56th Street and 57th Street."


"Harry Macklowe's woes have come to symbolize the pain that overextended real-estate investors have faced since the credit crunch started last year. Earlier this year, he was forced to give to Deutsche Bank control of seven Manhattan skyscrapers he purchased for $7 billion at the top of the market in 2007. The properties had been owned by Equity Office Properties Trust."

Please build it. This will be a future welfare hotel. Just do it....

The What (Tick.. Tick.. Tick..)

Someday this war is gonna end...

Posted by: what at September 4, 2008 2:42 PM

Isn't that the northeastern corner (with the view across Flatbush being to the South)? Or maybe I am misreading the location of the "L shaped dirt."

Posted by: lechacal at September 4, 2008 3:00 PM

Mr. B outdid himeself on that photo....
wow

Posted by: chrishavens at September 4, 2008 3:46 PM

actually looks like the SW corner to me.

Posted by: BrooklynLove at September 4, 2008 8:23 PM

The "open space" actually covers underground parking.

It's a shame they felt the need to build so much parking so close to transit. This (and the Toren's parking) will only make that Myrtle-Flatbush intersection even worse.

Posted by: zinka at September 4, 2008 9:02 PM

zinka - but i thought this location wasn't convenient to transit ...

by the way, avalon is including off-street parking b/c the city requires it.

thanks for the usual insightful comments.

Posted by: BrooklynLove at September 4, 2008 10:57 PM

BL, can you please stop distorting what I say? Myrtle and Flatbush is reasonably convenient to transit (both DeKalb and Jay Street stops). As I have posted in the past, it's the Tillary area that's not, especially Bridgeview.

I am almost certain that the city does not require parking here. It's a C6-4 district. My Zoning Handbook says (p. 62) that off-street parking is generally not required in C6 districts. Do you have any evidence that it is here?

Posted by: zinka at September 5, 2008 12:03 AM

Not sure about regulations regarding underground parking but remember there will be a ton of underground parking under the proposed Willoughby Square Park plus City Point will have a lot of parking space available. Also, common sense will dictate that both Flatbush and Myrtle vehicle lanes will be improved in some manner.

http://www.nyc.gov/html/dcp/html/dwn_bklyn_ped/dwn_bklyn_ped_foc6.shtml

Here is a rendering provided to us Toren owners by LilBitOFLuck of proposed Avalon Bay outdoor landscape.

http://www.mossgilday.com/projects/goldstreet.html

By the way, Toren won some awards yesterday:

CNBC gave property awards to Toren for:
- "Best Condominium New York"
- "Best High-Rise Architecture USA"

Very exciting to have such an award given to a Brooklyn based condo. Great news for BKLYN

Posted by: Junkman at September 5, 2008 8:12 AM

zinka - i don't have the requirement details handy for you. ask avalon or the DOB if you need specifics.

the gold street tillary developments are 2 blocks from avalon. 2 blocks.

re bridgeview, it's 5 blocks away, and more convenient to the york street F.

Posted by: BrooklynLove at September 5, 2008 8:44 AM

Some data on subway distance:

From Avalon/Toren to DeKalb: 0.13 mi (2-3 min) - convenient!
From Avalon/Toren to Jay St: 0.22 mi (4 min) - not bad!

Gold&Tillary to DeKalb: 0.33 mi (6 min, plus crossing Tillary)
Gold&Tillary to Jay St: 0.39 mi (7 min, plus crossing Tillary)


Bridgeview to DeKalb: 0.46 mi (9 min)
Bridgeview to Jay St: 0.44 mi (8 min)
Bridgeview to York St: 0.40 mi (7 min) - particularly unpleasant


Seems like a pretty substantial difference to me: pretty much double the distance, or more. And it's a walk that you do over and over and over. Yes, lots of nice neighborhoods have nice areas that are far from transit. In general they have much nicer and more pleasant walks to transit. Would you rather walk down 7th Avenue in Park Slope twice a day, or would you rather walk down Gold Street or Flatbush Extension twice a day?

Posted by: zinka at September 5, 2008 10:36 AM

avalon builds some of the shittiest buildings in nyc...look at their queens buildings or the crap they put up in nyc at houston and bowery

Posted by: eman1234 at November 30, 2008 10:15 PM

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