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November 20, 2009

Viridian Two-Thirds Rented

viridian-1109.jpg
After a tough run as a condo development (it went bust at the beginning of the year), the Viridian has had a nice reversal of fortune recently in its new life (under new ownership) as a rental building. We passed by yesterday and saw plenty of evidence of people living there. Later in the day we heard from the leasing agent, Citi-Spaces, that 85 out of 130 units have been rented out since hitting the market mid-Summer. Not too shabby, especially considering the not-insubstantial asking prices: One-bedrooms start at $2,400 a month, two-bedrooms at $3,400 and three-bedrooms at $4,500.
Viridian Rentals Hit the Market [Brownstoner] GMAP
Bankruptcy Forces Sale of Viridian [Brownstoner]




Posted by Brownstoner at 10:30 AM | Comments (17)
Categories: Greenpoint, Rentals

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Comments

what the frack? $2400 to live in greenpoint? where your only train is the mutha-effin G?

Posted by: CG_ups at November 20, 2009 10:32 AM

Looks like we were all wrong about this one guys!!

I saw a one bedroom here for shits and giggles, not very special at all. I thought the broker (or mgmt person) was lying when they said they were having no problems renting them out.

It's also comical what passes off as a pool nowadays. yeah a 3 foot wading pool in a dungeon like room isn't good for anything except as a breeding ground for the coxsackie virus.

Posted by: dirty_hipster at November 20, 2009 10:36 AM

i meant $2400 for a freakin 1 bedroom. seriously, that is just obnoxious. that's more than a floorthru in a CG brownstone. although i guess preferences render neighborhoods self selecting. if that makes any sense.

Posted by: CG_ups at November 20, 2009 10:42 AM

I passed by here last Friday. If its two thirds rented out then about 85% of those renting must have some religious objection to using electric lights after nightfall based on what I saw.

Posted by: dittoburg at November 20, 2009 10:49 AM

Don't be silly, ditto. They're all over at Pumps.

Posted by: DitmasSnark at November 20, 2009 10:55 AM

LMAO

apts are cheaper at 65 Ainslie and 384 Union - and in an infinitely better locatoin.

Posted by: dirty_hipster at November 20, 2009 11:03 AM

What kind of concessions go along with that $2400? How many free months rent? Also, it's not unheard of for leasing agents to tell little white lies. That being said, I'm not surprised that this place is renting out okay. Greenpoint is a great neighborhood (lived there for 3 years) but the housing stock is abysmal - all really rundown railroads, so if you like the nabe but hate living in a vinyl siding tenement, this place would appeal to you. I also think that because it's easily rented remotely via website appeals to postgrads moving to the big city for the first time.

Posted by: kvnbklyn at November 20, 2009 11:11 AM

2 free months if i recall

which is great if you plan on moving in a year.

i love greenpoint too - but green st isn't a 2400 dollar a month street.

Posted by: dirty_hipster at November 20, 2009 11:21 AM

I just saw an ad on curbed for a 2 bedroom at Viridian for $2995.

So the prices they are claiming are not necessarily the prices they are getting across the board, clearly. Even still 3000 for a 2 bedroom HERE? Uh, no.

I like Greenpoint well enough, but these prices make me laugh.

Posted by: 11217 at November 20, 2009 11:27 AM

kvnblyn -- Leasing agents lying?! Say it ain't so!!!

But these places and prices are perfect for a 'creative professional' -- right?

Posted by: tybur6 at November 20, 2009 11:43 AM

very close to Mark Bar - only dive bar in Greenpoint with a bidet.

Posted by: dirty_hipster at November 20, 2009 11:55 AM

1.) this free months rent bullcrap HAS to stop. there should be a law against it.

2.) the prices.. 2400 for a ONE bedroom. okay.. it could work for a regular couple... but a single solo person, the average one in nyc, that would even POSSIBLY want to live here cannot afford 2400 a month, sorry, and if they could they wouldnt be living in f'ing greenpoint.

3.) jacked up prices because of "amenities". BARF. sorry, but if i want to go to a gym i'd join one, if i wanted to go swimming id go find a pool or the ocean, if i wanted a yoga room i'd go take a yoga class, if i wanna see a movie, um ill go to the movies, f*ck your stupid screening room and you just know all that will be playing is Finding Nemo anyway... cuz you know, those are the ways you meet people and interact with people... the crux of nyc living, no? if you want everything including in your own building where you dont have to leave to do anything, why not just move to a f'ing gated community somewhere?

*rob*

Posted by: Butterfly at November 20, 2009 1:23 PM

The pleasure of having to use a toilet for sit-down purposes in a bar (most bars) is probably only trumped by the idea of using a *bidet* in a bar....

Posted by: tybur6 at November 20, 2009 1:23 PM

"I passed by here last Friday. If its two thirds rented out then about 85% of those renting must have some religious objection to using electric lights after nightfall based on what I saw." - dittoburg

67% rented at those starting asks is 100% bullshit until proven innocent.

***Bid half off peak comps***

Posted by: Brownstones Half Off at November 20, 2009 1:45 PM

don't assume that it's just singles renting here. great school district. could be families.

also, G to the & to midtown is a quick and mellow commute.

Posted by: wine lover at November 20, 2009 3:14 PM

hey, what happend to greenpoint being a cheap place to live? this $2400/month shit is ridiculous. hopefully this montrosity and the others will be destroyed.

Posted by: dieselfuel222 at November 20, 2009 3:21 PM

This 2 month free rent is a way for the current owners to buy time and hope that the home values go up to the pre-crap period. Dream on. Alot of smart people sold before the bubble popped others are left holding the turds!

Posted by: hannible at November 20, 2009 3:52 PM

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