It was built by Syrians for Syrians i beilive the guy who built it is Joe Sitt not Thor Sitt but Sitt asset management and got another couple guys from the area to be the money guys behind it.

Posted by: Local Broker at October 3, 2009 2:10 PM in response to The Venetian Unveiled

BJ's on Tap for Red Hookers [Brooklyn Paper]
thats a great line!

Posted by: Local Broker at September 22, 2009 12:51 PM in response to BJ's for Bensonhurst?

As far as the sale in Manhattan Beach goes that house is right on the water and the people who bought it live around the corner. It is one of the nicest blocks on MB that property is worth it.

Posted by: Local Broker at February 3, 2009 12:08 PM in response to Last Week's Biggest Sales

this is a joke. i have lived in the area for over 20 years and we do not need a place like this in this location. there is plenty of land to the west on the south side of surf ave that can be used for concerts. they should spend a fraction of the 64 mil and improve the park for kids. maybe a soccer field or baseball and swings. i am pro development when its done right but this is wrong. also there is no parking in this area as is you have to wait for a long time to get a parking spot and in the summer when people want to park at the aquarium its a nightmare.

Posted by: Local Broker at January 26, 2009 1:37 PM in response to Community Concerns About Marty's Coney Concert Space

I THINK THE KEY WORD IS almost.............

Posted by: Local Broker at December 19, 2008 10:17 AM in response to Rezoning for Brighton Beach?

your the teacher you can figure it out.
i didnt realize i was getting a grade on this.
you can skip my comments i promise you wont hurt my feelings.

Posted by: Local Broker at December 18, 2008 6:32 PM in response to Rezoning for Brighton Beach?

i totally agree with you benson those small houses are garbage and dangerous as for the guy who wrote that article i dont know what his motives are but he definitely got it wrong
i went to the city zoning site and there is nothing there for brighton beach by the time they get to it we will be in the next real estate cycle it will be interesting to see how it plays out over the next few years

Posted by: Local Broker at December 18, 2008 5:06 PM in response to Rezoning for Brighton Beach?

i think the market has been hit in some way everywhere but this part of the world is unique its dominated by one group of people sure there are different ethnicities in the nabe but by far russian and its ocean/beach front what im saying is these people want to be here near the stores family boardwalk for how long i dont know but like i said before im guessing another 15 years as for trump i think its expensive for a coop high maintenance cost as opposed to condos with no real amenities (pool, gym) there are other coops in the nabe that do have them but the location is good clean buildings doorman security parking if you could get one and its nearly impossible to get a spot its not a bad buy in trump but i hear that the owners of the buildings are going to refi for improvements and the maintenance is going to go up also 60s construction sucked there are condos you can buy for nearly the same money some of those apartments are asking
as far as over development goes one of the problems is alot of the builders are putting up quality stuff and layouts suck that was the problem with oceana in the first phase but they changed up and put in much better materials that was a great development for sure that was just nothing but pure profit there are some spots in the nabe where buildings should have not been put up certain blocks on the side streets were not ready for it and you have amateur wanna be developers doing things like this everywhere not every project can be good but i think most did well

Posted by: Local Broker at December 18, 2008 3:17 PM in response to Rezoning for Brighton Beach?

oh and warbass is mostly russians just like trump you can call it brighton but its not it coney island even though its closer to brighton than what most think of when you say coney island either way those buildings are from the 60s and have nothing to do with over development the guy who wrote that article doesnt know about real estate or whats going on the nabe

Posted by: Local Broker at December 18, 2008 12:27 PM in response to Rezoning for Brighton Beach?

i do not know the boundaries. im a commercial broker and have been involved in alot of development sales over the past few years and with knowledge of this neighborhood this is what the zoning should look like. fisrt off lets set the lines of brighton beach boardwalk to the south beltparkway to the north ocean parkway to the west and corbin place to the east. everything south of brighton beach ave stays the same no need for change its all buildings except for brighton 1st which has houses on it not many maybe 10 which are nice and a couple at brightwater court on the same block. brighton beach avenue from coney isl ave to ocean pkwy should be a retail zoning with a small residential overlay like R4. BBA from CIA to corbin should be up zoned for higher residential and keep the retail the same little grocery or bakery no big retail which wouldnt come to this side of brighton anyway. now everything north of BBA east of CIA should stay as well i believe its and R6 with no commercial zoning except for brighton 11th street which has some stores and M zoning should be taken away from brighton 11th street at cass place and make it a mixed use zone for just the beginning of the block where there is a small warehouse tile store and medical office. and this part of brighton doesnt end at the belt its at cass place where neptune meets emmons ave. now the hard part north of BBA west of CIA should be R6-R8 up to neptune ave. but if someone wants to build a brand new 1-3 fam house that should be allowed even though i dont see that happening. neptune ave from OP to CIA should be R6-R8 with commercial overlays there are parts now that are stores but can only be built to residential it should be mixed use. neptune from east of CIA should be R4 no retail. and everything north of neptune should be R3-R4 no retail thats where the houses should go. simple and i think that would make most happy. as far as community meetings go i think its a joke at least here it is the people in this community have no pull with politicians theres no old money here old ties thats why a lot are saying its to late if they cared and had pull this would have happened in 2004 when most of the new stuff started going up now at the end of the market they want change please. i just saved the city from spending a lot of time and money on their research on what to do in brighton just send me the check and change the zoning.

Posted by: Local Broker at December 18, 2008 12:18 PM in response to Rezoning for Brighton Beach?

i have been in brighton beach for over 20 years and the only thing bad about all the new development is the traffic. these side streets west of coney isl ave were horrible drug infested prostitution bums this neighborhood is filled with pre and post war apartment buildings that make up most of the population. the bungalows that are being sold and developed were worth something when this was a vacation spot 100 years ago they are worthless now. if you want to talk about over development in this part of the world talk about sheepshead bay where you have a couple hundred vacant apartments right now. its also a joke that some people are afraid of over developing coney island its prime water/beach front land just like brighton. the way they are talking about changing the zoning is a joke who would want to live in a 10 story building on top of the train nice view of the B line. i live 5 blocks away from the train and with windows open i can hear it. anyway the zoning should be made higher on the side streets where the little houses are and down zoned on the avenue and keep it retail west of coney isl ave. one thing that most dont realize about brighton is this place is going to change alot in the next 10-15 years most of the people that live here are immigrants that are getting old and are not going to be around much longer alot of their kids are not staying here most move to jersy and long island and florida this is not going to be the same brighton in 15 years they should take this into account if they want to change the zoning because most of the people who want changes are not going to be around to see them.

Posted by: Local Broker at December 18, 2008 11:12 AM in response to Rezoning for Brighton Beach?

they didnt include brighton beach with sheepshead bay and manhattan beach thats all 1 zip code gerritsen beach isnt 11235

Posted by: Local Broker at October 31, 2008 11:29 AM in response to Sheepshead Bay: Fifth Most Luxurious Neighborhood

Gerritsen Beach had nothing to do with those numbers

Posted by: Local Broker at October 31, 2008 10:16 AM in response to Sheepshead Bay: Fifth Most Luxurious Neighborhood

like it has not been done a thousand times before
and your such a real estate pro

Posted by: Local Broker at October 6, 2008 9:42 PM in response to Heights Brownstone Portfolio Changes Hands

its not like they have to move far they will move next door to a vacant renovated apartment which will give the owner a full vacant building thats not a bad deal

Posted by: Local Broker at October 6, 2008 4:05 PM in response to Heights Brownstone Portfolio Changes Hands

and watch how tenants start to get moved around so a couple of buildings will be vacated renovated and rented for market rents this all will happen in the next few months
the buildings are are not fully occupied so they will move tenants into one building vacating the rest

Posted by: Local Broker at October 6, 2008 2:20 PM in response to Heights Brownstone Portfolio Changes Hands

shchune
JG cap is a mortgage company they do not own real estate you were pretty close though it was not Guarino who bought those buildings but someone in his office did at the same address im just not going to say who but if someone else gets it right i will confirm it how i know is because i worked with these guys

Posted by: Local Broker at October 6, 2008 2:15 PM in response to Heights Brownstone Portfolio Changes Hands