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June 23, 2009

Development Watch: 277 Gold Street

The Lalezarian family's ambitious rental project takes up almost the entire block of Gold Street between Tillary and Concord Streets in Downtown Brooklyn. We say almost because there was a self-storage owner who refused to part with a building in the middle of the block. We checked in on the Concord side of the project a month ago when it had yet to top out; the Tillary segment, however, is much further along. In fact, when we biked past this weekend, it was completely glassed up save for a few windows on the top couple of floors. Wonder when these are going to hit the market.
Development Watch: 235 Gold Street [Brownstoner]
Development Watch: 277 Gold Street [Brownstoner]
Development Watch: 235 and 277 Gold Street [Brownstoner]
Development Watch: 277 Gold All Topped Out [Brownstoner]
Development Watch: 277 Gold Street [Brownstoner] GMAP P*Shark
Development Watch: 235/277 Gold Street [Brownstoner] DOB

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Comments

That sure is an improvement on that block.

I'm really looking forward to the increased density that all of these new rental (and condo) projects will be bringing to Brooklyn's downtown. Wouldn't it be fun if one day Downtown Brooklyn was it's own real and vibrant city all it's own. I think it's on its way.

Posted by: 11217 at June 23, 2009 3:04 PM

2 blocks from one of the worst projects in Brooklyn. I looked at a place in 99 Gold when it first opened and this area was bad.

Posted by: brickoven at June 23, 2009 3:09 PM

99 Gold is a half a mile away from here. It's in Vinegar Hill.

This is firmly in Downtown.

Posted by: 11217 at June 23, 2009 3:18 PM

While 1 Brooklyn Bridge Park may be just as close to the BQE (they have started to rent some of the unsold units) as this one, I don't see a big upside to that corner. At least 1BBP has the water and the views. These have a crazy intersection, the highway, and a hike to a decent subway (F at York is the closest).

It'll be interesting to see how it does...

Posted by: christopher at June 23, 2009 3:20 PM

Its 4 blocks away Einstein with the projects in the middle of the two.

Posted by: brickoven at June 23, 2009 3:21 PM

How do you define 'one of the worst projects in Brooklyn', brickoven? I have lived around the corner from Farragut Houses for 5 years and never had a problem. I believe there are other neighborhoods in Brooklyn, East NY, and Brownsville for example who have a worse reputation for problems with projects than the Farrgut Houses, next to DUMBO and Vinegar Hill.

Posted by: VHR at June 23, 2009 3:21 PM

Which projects? Faragut?
As much as I love Brooklyn, the quality of life downtown and parts of BH/CH/FG can still be seriously affected by crimes such as muggings and burgulary. Or at least that's the way people perceive it. My litmus test for a neighborhood is whether I would feel comfortably having my most petite female friend walk from the nearest train station after dark.

Posted by: Joe from Brooklyn at June 23, 2009 3:23 PM

Christopher: I have a feeling they won't be charging 1BBP prices at this location. At least I hope not.

Posted by: 11217 at June 23, 2009 3:24 PM

the projects on Gold make Faragut look like canyon ranch. I dont know the name of the project but dont try to walk through it on Gold

Posted by: brickoven at June 23, 2009 3:27 PM

I've walked through there a million times. Don't see the big deal. Walk with some confidence and you'll be fine.

You are a girly man then, BO?

Posted by: 11217 at June 23, 2009 3:32 PM

11217 you should be careful telling people that area is safe to walk through. Somebody might try it get hurt and sue the sh$%&* out of you. Dont think you are anonymous on the internet. I suggest you recant youre statement or you could be liable

Posted by: brickoven at June 23, 2009 3:36 PM

11217 if you have walked through there a million times how the hell did you not know that it is 4 blocks from 99 Gold?

Posted by: brickoven at June 23, 2009 3:40 PM

You're an idiot.

Posted by: 11217 at June 23, 2009 3:41 PM

If I were to tell you to jump off the Brooklyn Bridge and you did, am I liable???

You're beginning to sound like the What and benson.

Posted by: daveinbedstuy at June 23, 2009 3:41 PM

Can people sue you for giving them wrong directions. If they can there is probably a group of French peopel on the F train tracking me down with the help of a private eye.

Posted by: Joe from Brooklyn at June 23, 2009 3:41 PM

Would that be Inspector Clouseau, Joe?

Posted by: daveinbedstuy at June 23, 2009 3:42 PM

Can people sue you for giving them wrong direction? If they can there are probably a group of French tourists tracking me down as we speak.

Posted by: Joe from Brooklyn at June 23, 2009 3:43 PM

you are the idiot who has walked through here a million time and did not realize 99 Gold is 4 blocks away! Dave stop trying to defend him there are tighter butts out there

Posted by: brickoven at June 23, 2009 3:43 PM

For what it's worth - through discussion with a police officer friend who works in this precient - Farragut Houses are bad. Much more so than Whitman, Ingersol and Fort Greene Houses.

I was considering renting at 99 Gold 2 (3) years ago and this was part of my due diligence.

Posted by: dirty_hipster at June 23, 2009 3:44 PM

Heh heh. One did look like Steve Martin a little bit.

Posted by: Joe from Brooklyn at June 23, 2009 3:45 PM

LOL, brickoven.

Posted by: daveinbedstuy at June 23, 2009 3:45 PM

No, I'm pretty sure you are the idiot here. And on all the other threads that you post in as well. I'm not the only one who says it. Pretty much everyone else does also. Or they ignore you completely, which is what I plan to do from now on.

According to mapquest, 99 Gold is .4 miles from this place. That's almost a half a mile. Just like a said it was.

I walk in this area all the time. Just because you are afraid down there doesn't mean everyone else is.

Posted by: 11217 at June 23, 2009 3:46 PM

I don't think Farragut houses would be an issue for this location however.

Posted by: dirty_hipster at June 23, 2009 3:50 PM

you better be wearing colors if you walk on Gold and they better be the right colors

Posted by: brickoven at June 23, 2009 3:50 PM

One more thing....can you please cite me examples of how I might be held responsible if someone thinks that this area is safe, even though I said on an online blog that I felt comfortable walking around there.

LOL.

You should really consider becoming a lawyer.

Posted by: 11217 at June 23, 2009 3:50 PM

I always wear a lot of color.

Maybe that's why I've been safe.

Posted by: 11217 at June 23, 2009 3:51 PM

Hey Dave SRS 22 Calls lookin good

Posted by: brickoven at June 23, 2009 3:53 PM

Can we just say this is a crappy location and move on?

Thank you for your cooperation and God bless.

Posted by: SnarkSlope at June 23, 2009 3:58 PM

We took a big short position on GE and BA on the open. BA didn't show the Dreamliner at the Paris Air show and we were hearing problems with the carbon fiber.

Rice, head of Finl Services, at GE said over the weekend that they are seeing no green shoots. They also supply engines to BA.

Posted by: daveinbedstuy at June 23, 2009 3:59 PM

Snark - I completely agree!

Posted by: gemini10 at June 23, 2009 4:00 PM

I think the willoughby st entrance to Dekalb station is closest train station...then followed by A Train - closer than F at York. none real short but none too too far either.
Just seems surrounded by traffic so hope windows triple panes.
When these and condo towers on Flatbush are all done..we'll see more commercial and street life on that edge of downtown.

Posted by: Petebklyn at June 23, 2009 4:01 PM

I can see Sarah Palins Ass from the top of this building. Glad to see such insightful comments here.

Posted by: billyboomer at June 23, 2009 4:02 PM

This was my personal favorite of the bunch:

"Dave stop trying to defend him there are tighter butts out there"

I definitely chuckled.

Posted by: 11217 at June 23, 2009 4:04 PM

"I can see Sarah Palins Ass from the top of this building."

Are you talking about Todd Palin or this?

http://tinyurl.com/lprc7a

Posted by: Biff Champion at June 23, 2009 4:06 PM

this thread delivers. and im totally now having mental pictures of 11217 in michelle pfiefer's role in Dangerous Minds. lol

*rob*

Posted by: PitbullNYC at June 23, 2009 4:09 PM

this thread delivers. and im totally now having mental pictures of 11217 in michelle pfiefer's role in Dangerous Minds. lol

LOL

Posted by: Joe from Brooklyn at June 23, 2009 4:14 PM

Very few projects are a "selling" feature for nearby developments - but these projects are FAR from the worst in Brooklyn.

Posted by: fsrg at June 23, 2009 4:16 PM

Besides the projects, the low quality of life in this building doesn't end once you get inside.

You've got the smells and sounds of the BQE on three sides, the fire department across the street, and mcdonalds.

It will be fun watching crowds of pedestrians crossing Tillary and Flatbush every morning once this thing fills up.

Posted by: streber at June 23, 2009 4:16 PM

dibs, looks like you're slightly underwater on the GE short today but I took a long position in GE in March. Still ahead 15% but the stock has been sliding lately like somebody knows something.

Posted by: denton at June 23, 2009 4:18 PM

Why not check the Nytimes homocide map?:
http://projects.nytimes.com/crime/homicides/map

Whitman houses (about a block away) seem worse than Farragut.

Posted by: streber at June 23, 2009 4:23 PM

Yeah, Borough Hall and the park across the street near the courts just east of Brooklyn Heights is nice but the rest of downtown really is shit. Not anyone in particular is at fault. It was a process that started in 1893 and was completed during the late 1970's.

Posted by: Joe from Brooklyn at June 23, 2009 4:25 PM

"Why not check the Nytimes homocide map?"

There are other crime statistics besides "homocides"

That would be the one i would be least concerned about actually.

Posted by: dirty_hipster at June 23, 2009 4:27 PM

"Why not check the Nytimes homocide map?:"

Was that deliberate, given the previous conversation?

Posted by: etson at June 23, 2009 4:28 PM

"There are other crime statistics besides "homocides"

That would be the one i would be least concerned about actually."

Well, I'd venture to guess that areas with more homicides have more narcotics issues, etc... However I don't have those stats.

If you've got a map with other crime statistics, let's see it.

"Was that deliberate, given the previous conversation?"

huh?

Posted by: streber at June 23, 2009 4:42 PM

Streber that is a great Map. It backs up my feelings on where I would and would not live. The location of this building is a hell no for me

Posted by: brickoven at June 23, 2009 4:45 PM

Most homocides are committed by someone whom the victim knows.

Posted by: daveinbedstuy at June 23, 2009 4:51 PM

dave in stats will call that a skew. Its info based on solved crimes which are esier to figure out when the victim knows the perp.

Posted by: brickoven at June 23, 2009 4:59 PM

"Most homocides are committed by someone whom the victim knows."

If by 'knows' you mean met in a bar, or online...

Posted by: etson at June 23, 2009 5:05 PM

So if somebody takes 11217's edvice and goes for a nice stroll down Gold which he says is safe and they are murdered would the victim know the perp.?

Posted by: brickoven at June 23, 2009 5:09 PM

I never said it was safe. I said I walk it all the time and it's not a big deal. It's not the most amazing block in the world, but I've certainly walked down far more dangerous blocks than Gold Street.

This has to be a game. You really can't be THIS stupid, can you?

Posted by: 11217 at June 23, 2009 5:21 PM

Homicide stats are the best indicator of overall crime; they are correlated to all other violent crimes and they can not be 'fudged'. As in

One Precinct's Robbery is another's Grand Larceny (or one years felony assault is an other years simple assault)

Posted by: fsrg at June 23, 2009 5:29 PM

downtown has potential but there are a lot of knuckleheads walking around at night just looking to start trouble. The issue I have with it is the very few amount of people on the street. Les people, less witnesses.

My brother lived for years on Franklin Ave in Crown Heights and then on Spencer St in Bed Stuy just to move to Boreum Hill North of Atlantic and he got mugged two weeks after moving there. That Hoyt Schermhorn stop sucks. Never had trouble in CH or the Stuy but he moved to a yuppie brownstone block and got rolled by three thugs at 6 in the morning coming home from work.

Downtown has a lot of potential but they need more foot traffic at night for it to feel more safe IMO.

Posted by: Adam Dahill at June 23, 2009 6:29 PM

Yeah, Schermerhorn is a hole: http://cobblehillblog.com/archives/2244

Posted by: Smudge at June 23, 2009 6:51 PM

This place is directly across Tillary St from the 68th Precinct. There are cops on this block 24 hours a day.

Posted by: tekniskakustik at June 24, 2009 11:04 AM

Oops, I meant 84th.

Posted by: tekniskakustik at June 24, 2009 11:06 AM