214-216 Atlantic?

Paddy's Pub?

Posted by: martis at November 11, 2009 11:21 AM in response to 'Nationally Known' Restaurants May Land in 345 Adams

looks like solar hot water type deal. i think it looks pretty good but as my wife said ... wait for the ground floor scaffolding to come off. will be interesting to see how that looks. as for context, please most of the other buildings in the immediate vicinity are butt ugly.

Posted by: martis at November 10, 2009 4:57 PM in response to Development Watch: 311 Warren Street

i saw the fire this morning from my window on Atlantic & Court. Firemen contained in quickly once they got there but there was crazy smoke and flames for about 15-20 minutes. The smoke smelled heavily of rubber, almost like a car fire, but obvioulsy this was building that burned. Maybe started with construction materials?

Posted by: martis at August 21, 2009 10:42 AM in response to Fires Break Out in Cobble Hill

dibs - stock picks? seriously? you're asking me for stock picks because i think the nyc real estate mkt is going to be down and out for 3-5+ years. dude i'm not outside the range of most credible analysts. jobs and real wages are not going anywhere (up) soon while the the rates outlook doesn't bode well in any kind of general US recovery in the medium term. then bake in all the other delayed factors that have yet to really take hold here and it don't lookie too good. i'm not some kind of glenn beck doomsday bunker nut just being realistic with regard to local real estate decision making.

Posted by: martis at August 18, 2009 1:27 PM in response to Looking for the Bottom

dibs - basic economics my friend. there will be no V shaped recovery ... wishful thinking. you don't just shake off the largest economic disaster since the Great Depression in a year or two or three. bloated NYC housing prices will not recover faster than the local economy which will remain F'd for a long time.

Posted by: martis at August 18, 2009 11:05 AM in response to Looking for the Bottom

expect the free-fall to have stopped for now but not the "malaise". that has just begun to set in. we are EASILY looking at 5-8 years of price stagnation with some periodic up's and down's qtr vs qtr and yr v yr. bottom line is that this market (brooklyn) ain't coming back any time soon and probably still has an easy 20-30% downside.

Posted by: martis at August 18, 2009 10:45 AM in response to Looking for the Bottom

who the hell even uses the post office more than twice a year? they need to transform the most of the existing ones to electronic kiosks and dump staff. they just lost $2.4 billion last quarter! also, cut mail delivery to mon-fri only.

Posted by: martis at August 5, 2009 11:25 AM in response to Brooklyn Spared In Great Post Office Purge of 2009

Third & Bored ?

Posted by: martis at July 30, 2009 12:00 PM in response to Inside Third & Bond: Week 94

closed in 6 months

Posted by: martis at July 28, 2009 3:21 PM in response to Streetlevel: Egg Baby to Open in Dumbo

saminthehood .. piss off you arrogant d*uche!

Posted by: martis at July 27, 2009 10:46 AM in response to Renting 1 BBP: 'We Would Like Things to be Different'

also looks like at least 3 out of 4 or 5 apts in the buiding have now gone vacant in the last month. maybe their is something afoot with the entire building? either that or the idiots that signed on for $5000 per month rents discovered that there were better deals out there?

Posted by: martis at July 15, 2009 10:27 AM in response to F. Martinella Closes After Less Than Nine Months

i missed my predicted close date by 3 months! from the start this place was suffering from a host of issues ...#1 too many employees - there were always at least 10-15 people on the clock even when it was dead ... #2 prices were too high, comparable sandwiches at La Bagel Delight or any other area deli were way cheaper ... #3 was this a lunch joint or a place to buy meats or high-end condiments? that was never really clear. Hopefully the owner will find a tenant with a sound business plan and settle on a reasonable rent.

Posted by: martis at July 15, 2009 10:23 AM in response to F. Martinella Closes After Less Than Nine Months

the city will end up renting these places for the homeless.

Posted by: martis at July 2, 2009 2:20 PM in response to Inside Third & Bond: Week 90

had to report this establishment to sanitation dept (via 311) twice in the past week for garbage covered sidewalk in the mornings. they need to sort out proper garbage disposal / pickup and also looks like people are just throwing cups and burger wrappers on the sidewalk on their way out. hopefully just part of their startup learning process. not interested in their food but i fully support any sucessful business on that space.

Posted by: martis at July 1, 2009 1:12 PM in response to No Shortage of Demand for Checkers

it'll be a sweet (and energy efficient) homeless shelter!

Posted by: martis at June 18, 2009 12:18 PM in response to Inside Third & Bond: Week 88

this place is gonna make an excellent homeless shelter. some new building in crown heights is getting 2700 per apt from the city!

Posted by: martis at June 4, 2009 3:11 PM in response to Inside Third & Bond: Week 86

also a great deal if you happen to work in a industry with any job security. some people just don't get it.

Posted by: martis at May 14, 2009 11:00 AM in response to Refinancing: How Sweet It Is

hopefully Checkers won't steal your identity like those b*stards from the former BusyChef.

Posted by: martis at May 7, 2009 2:36 PM in response to Streetlevel: Checkers Signage Goes Up

i'd still look for another 10-15% down this year in NYC. that's not too doom and gloom....is it?

Posted by: martis at April 29, 2009 9:37 AM in response to Case Shiller Index: Negative Numbers Across the Board

right on FlavorPaper. I like the windows and hope the building comes out looking good. Every block can't be asthetically pure as some would demand. I look over the construction site from Atlantic (125 Court) and was wondering what the pyramid structures going in on the roof are all about? Skylights?

Posted by: martis at April 28, 2009 4:08 PM in response to Development Watch: 216 Pacific Street

well since i live a block away i'll give it a try. can't be any worse than that Busy Chef debacle. if they end up hiring brain dead staff like in the other local fast food joints then it will be a one and done visit.

Posted by: martis at April 15, 2009 11:30 AM in response to Court Street Checkers In Progress

so what the hell is this place? drug den, gun store, social club, candy store? someone please clarify.

Posted by: martis at March 13, 2009 10:25 AM in response to When a Candy Store Isn't a Candy Store

its taking longer to build this stupid apt building than it did to build the damn Bk Bridge! how can this developer hope to make any money on this project?

Posted by: martis at March 12, 2009 1:44 PM in response to Inside Third & Bond: Week 75

only on this blog could such a basic question lead to such BS in the comments. when you renew a lease that calls for a one-month sec deposit then most landlords will probably ask you to bring the balance in line. jeez this ain't rocket science.

Posted by: martis at February 20, 2009 4:15 PM in response to Second Security Deposit

yeah only drunken frat boys eat chicken wings. knob.

Posted by: martis at February 11, 2009 11:08 AM in response to Atomic Wings Picks Up the Slack on Smith

I'll give it a shot tonite after work. How is the brick oven place further down Atlantic? Anyone been there yet?

Posted by: martis at January 28, 2009 5:10 PM in response to Streetlevel: Reginella Now Open on Atlantic

hannible ... you are exactly right. there will be whipsaw unlike anything that's been seen before. when credit begins to flow again we will be staring at an inflation threat unseen for many decades. the ONLY way to head that off will be by jacking rates up very very quickly. and then BAM! house price declines will resume their declines. in real dollar terms you could realistically see 2012 NYC home prices at 1990 levels. i'm not saying this scenario is guaranteed but its a real possibility.

Posted by: martis at January 28, 2009 11:36 AM in response to Knakal: Supply, Not Demand, the Problem This Time

dittoburg ... that was awesome.

Posted by: martis at January 28, 2009 11:30 AM in response to Case-Shiller: November Crappiest Month Ever

I guess this puts me in Team Loon.

Posted by: martis at January 28, 2009 11:07 AM in response to Case-Shiller: November Crappiest Month Ever

I think what many people around the area have not yet realized is that the largest driver of NYC city revenue (Banking & Finance) is undergoing the most historic upheaval since the Great Depression. City revenues from the industry will be -80% or thereabouts for the next 5 years and will may not return to anything close to the mid-2000's for 10 yrs or more. Barring some kind of alternative industrial renaissance in the 5 Boroughs we are looking at a major retrenchment of city services and possible relapse of the 1970's city bankruptcy (albeit under different circumstancses). This is not a doomsday scenario, this is the realistic outlook that dare not speak its name. If you think that bodes well in any way for NYC real estate prices, well then I'd like to understand your reasoning?

Posted by: martis at January 28, 2009 11:03 AM in response to Case-Shiller: November Crappiest Month Ever

wait until the numbers for Dec-08 come out. that 1-month drop record won't be held long by contestant Nov-08.

Posted by: martis at January 28, 2009 9:06 AM in response to Case-Shiller: November Crappiest Month Ever

Go Marty! After seeing a baseball game at the Cyclones stadium as the sun went down, I remember thinking what an awesome concert venue the area would make. Hopefully a lack of NIMBY's in the immediate vacinity might actually allow this to get done?

Posted by: martis at January 26, 2009 11:31 AM in response to Community Concerns About Marty's Coney Concert Space

c'mon let's get this arena construction moving. this will be great for brooklyn.

Posted by: martis at January 26, 2009 11:00 AM in response to Atlantic Yards Looking Increasingly Un-sexy

how much are you going to rent these places out for?

Posted by: martis at January 22, 2009 11:59 AM in response to Inside Third & Bond: Week 68

i've been looking at the concrete hole for over a year from my apt. thank god things are finally moving along. does anyone know what the story is on the lot next door on atlantic with the other open foundation? no movement there since the summer.

Posted by: martis at January 21, 2009 5:27 PM in response to Development Watch: 238 Atlantic Avenue

So at the end of the day here ... nobody actually has any real story as to why these apt's sit empty and what the owner is planning?

Posted by: martis at January 14, 2009 12:00 PM in response to The Curious Case of 214-218 Atlantic Avenue

i have written in to Brownstoner as well with the same question. I live directly across the street and have been looking at these vacant apt's for 3 yrs. There are central a/c's on the roof as well that appear fully functional. The terraces on Atlantic appear to be decaying rapidly with exposed rotten wood beams which idicates some very shoddy construction. The Work Permits on the building entrances appear to have all expired in 2003-04?

Posted by: martis at January 14, 2009 10:22 AM in response to The Curious Case of 214-218 Atlantic Avenue

blah blah frigging blah ... all these places went into contract before the October crunch. you won't be seeing anything substantial after that. the market is D E A D and will remain as such for at least a year. suckers

Posted by: martis at January 8, 2009 4:00 PM in response to Last Week's Biggest Sales

people still do not seem to realize that the NYC housing market has BARELY begun to feel the pain. take AT LEAST a 20% haircut from today and maybe you'll see the bottom. i know we all seem to hope that Bberg will save the city's finances but there is absolutely no way out of a city-wide financial catastrophe. sorry to break it to you all.

Posted by: martis at December 15, 2008 4:09 PM in response to Condo of the Day: 403 Pacific Street

As Homer might say ... Third & Booooooring

Posted by: martis at December 11, 2008 1:32 PM in response to Inside Third & Bond: Week 65

am i the only get one who is completely SICK and TIRED of the endless build updates for a project that nobody cares about? 3rd & Bond and Bird blogs are the worst things on this site.

Posted by: martis at December 11, 2008 12:23 PM in response to Inside Third & Bond: Week 65

lots of potential as a crackhouse or hobo b&b.

Posted by: martis at December 5, 2008 1:13 PM in response to Another One Bites the Dust?

i'd be interested to know how on earth you plan to make this enterprise viable in this failing economy. that's gotta be more interesting than reading about your cork floors and energy saving light bulbs.

Posted by: martis at December 5, 2008 1:11 PM in response to Bird Blog: Week 23

this development will NEVER happen .. and if it does it will be an utter utter disaster. who would want to pay lux prices to live in the middle of nowhere serviced by the G line?

Posted by: martis at November 21, 2008 10:35 AM in response to Here's What 40 Stories in Greenpoint Looks Like

Excelsior!!!

Posted by: martis at November 21, 2008 10:30 AM in response to Babs Corcoran "Not Worried About Real Estate Prices"

i look right over this construction site. the building section on pacific was framed pretty quickly last month but there has been NO activity in the foundation section fronting onto Atlantic ... which is strange if its truly one whole building. i did hear from an old timer in the neighborhood that the developer was totally stymied by the owner of the parcel containing the crappy auto repair shop and the old apt building on the extension rd & pacific st. section. apparently everytime the developer made him an offer he would just ask for another million then another million, etc. ... hence the bizarre diagonal development project.

Posted by: martis at November 20, 2008 3:13 PM in response to Development Watch: 240 Atlantic Avenue Rising

i just find it so funny to read comments from people on this site bashing the wall street "fat cats" as the cause of this current crisis. Did they play a big part? You bet. But this housing bubble and "mortgage at all costs" mentality was fed by all the clowns out there crowing about how real estate is the safest investment and the only way to grow wealth is through your home. Idiots.

Posted by: martis at October 1, 2008 8:57 AM in response to Quote of the Day