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August 26, 2009

Is Dumbo's 25 Washington Going Residential?

25wash_082609.jpgCurbed received a tip yesterday that 25 Washington, the brick office building located by the Manhattan Bridge and owned by Two Trees Management, might be the next Dumbo property to be converted into condos. This tip should be taken with more than one grain of salt, but Curbed's source says that during a maintenance call to Two Trees, one of their employees ignored the maintenance request, saying, "I don't care, you guys are all out of there in November anyway." Two Trees had no comment, but it doesn't take a visionary to see how this place, currently a commercial rental, could be repositioned as high-end condos. Anyone know the straight dope? GMAP
Dumbo's Next Blockbuster Condo Conversion [Curbed]
Photo from PropertyShark




Posted by jscheff at 10:15 AM | Comments (7)
Categories: Condos, Dumbo

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"Is Dumbo's 25 Washington Going Residential?"

Rewrite

Is Dumbo's 25 Washington Going Low-Income?

The What

Someday this war is gonna end...

Posted by: Return of The What at August 26, 2009 10:19 AM

This is true...I know someone who has office space and has been given notice to leave. Too bad.

As for it becoming "Low-Income", you would surely change your mind after seeing the views from this place.

Posted by: GreeneRph at August 26, 2009 10:58 AM

His Whatness means "low income" by DUMBO standards, i.e. six figures salaries rather than seven.

Posted by: DitmasSnark at August 26, 2009 11:05 AM

$999,999?

Posted by: Nomi at August 26, 2009 11:20 AM

Does Crystal still work for two trees? I thought she was fired.

Posted by: Ahh beer at August 26, 2009 11:51 AM

That'd be 90% off peak comps, DitmasSnark @ 11:05. Ouch! You're worse than me!

***Bid half off peak comps***

Posted by: Brownstones Half Off at August 26, 2009 1:19 PM

rental apartments

Posted by: BK realestate veteran at August 26, 2009 2:14 PM

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