It was only a couple of weeks ago that we were wondering aloud about when sales would start at the Scarano-designed 133 Water Street building. Now we have our answer: Never. Without any fanfare (or change in marketing banners), nine rental listings popped up on Apartments and Lofts’ website last week. Right now it’s a mix of one- and two-bedrooms from $2,700 to $3,900. This strikes us as a wise move. We didn’t think the building would do very well in the condo market given the stiff competition in Dumbo and the location right under the bridge. There are plenty of people who want to live in Dumbo but can’t afford to buy; renters also tend to be a little less discriminating about finishes and views than people who are contemplating committing their life savings. Has anyone taken a tour yet?
133 Water Listings [Apts & Lofts] GMAP P*Shark
Development Watch: 133 Water Street [Brownstoner]
Development Watch: Scarano Gets Skin in Dumbo [Brownstoner]
Development Watch: Adding to Chaos in Dumbo [Brownstoner]