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Settlement in Lawsuit Over Defects at 50 Bridge Street
This morning a press release went out about how condo owners at 50 Bridge Street, also known as Bridge No. 50, have reached a settlement in a lawsuit brought against the building’s developer “and certain of its affiliates.” (The developer in question is the notorious Joshua Guttman.) The suit dates back to 2007 and, according to the release, concerned how the building “suffered from a number of construction defects including a defective roof and other waterproofing issues.” Representatives from the condo board declined to tell us exactly how much the settlement was for except to say that it’s “a significant dollar amount that combined with some special assessments within the building, will allow the building to fix the construction issues.” Repairs are supposed to begin later this year. The building was converted into a condo in 2004. GMAP
02/01/2012 11:00 AM
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109 Gold Developers Throw in the Towel
The word “troubled” comes to mind when considering the Vinegar Hill condo 109 Gold Street, a project that involved the sometimes illegal demolition of an old church, followed by very slow construction, and then a subdued marketing effort that began about a year ago. Now the entire building is being offered for sale by Massey Knakal at an undisclosed price. Over the summer the the original brokerage marketing the building was replaced with a new one, and there were some price cuts, but it appears that these efforts weren’t enough to get the job done. StreetEasy is showing that listings were pulled yesterday. Prices were running from $319,000 up to $999,000.
109 Gold Street Listing [Massey Knakal]
109 Gold: Ready for Move-ins, but are Buyers Biting? [Brownstoner] GMAP
109 Gold Officially on the Market [Brownstoner]
109 Gold Listings Trickle In [Brownstoner]
109 Gold Fully Glassed [Brownstoner]
109 Gold Gets Windows [Brownstoner]
Glacial Pace at 109 Gold [Brownstoner]
12/01/2011 9:00 AM
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Plans Outlined for Future Downtown Greenway
Last night was the third round of NYC DOT community workshops for the Brooklyn Waterfront Greenway, and it focused on the Downtown Brooklyn segments of the 14-mile route. DOT presented eight projects (there are 24 projects, or geographic segments, in total) of the final route plan that spanned from Williamsburg Street West along Flushing, through Vinegar Hill, down into Dumbo and through Brooklyn Bridge Park. There aren’t specific time lines for the segments, as some will be done along with city sewer and water main repair work, and funding for all of them still has to be secured. A few interesting points: The addition of “smooth cobble” bike lanes throughout Vinegar Hill and Dumbo (the setup is pictured above), a revamp along Flushing Avenue and Williamsburg Street West, and a continued greenway on Kent Avenue South. Click through for the details on all eight projects…
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11/03/2011 10:00 AM
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Office Conversion for 231 Front Street
The Department of Buildings approved plans to convert 231 Front Street, the landmarked building in Vinegar Hill, from a factory to an office building. Recently the LPC heard plans to alter the property’s façade, rebuild entrance stairs, and install a canopy. The building is an example of an early 20th century commercial style factory buildings; it was designed by William B. Tubby and built in 1908. Would have made for a cool loft conversion!
A Reno for 231 Front Street? [Brownstoner]
10/19/2011 12:00 PM
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109 Gold: Ready for Move-ins, but are Buyers Biting?
The Vinegar Hill condo 109 Gold Street officially hit the market in March after being under construction for three years, and last week its marketing team announced that the building has a temporary certificate of occupancy. It’s unclear how sales are going, though, as the folks repping the building aren’t talking numbers. According to StreetEasy, only one unit is in contract. Over the summer the original brokerage was replaced with a new one, and StreetEasy shows prices were cut on a few of the units at the same time. The biggest was a 12 percent haircut on a one-bedroom that had originally been listed for $499,000 and is now asking $439,000. Have any readers checked this building out?
109 Gold Street [StreetEasy]
109 Gold Officially on the Market [Brownstoner]
109 Gold Listings Trickle In [Brownstoner]
109 Gold Fully Glassed [Brownstoner]
109 Gold Gets Windows [Brownstoner]
Glacial Pace at 109 Gold [Brownstoner] GMAP
10/11/2011 10:00 AM
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Meanwhile at the Brooklyn Navy Yard…
Work continuing on Sands Street Gate restoration at Navy Yard. Photo: http://t.co/Vxd5pcle
@Brownstoner
Brownstoner
09/29/2011 1:19 PM
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A Reno for 231 Front Street?
While looking over next week’s LPC agenda, an application concerning 231 Front Street, in the Vinegar Hill Historic District, caught our attention. The listing reads, “An Early 20th century Commercial style factory building, designed by William B. Tubby, and built in 1908. Application is to alter the façade, rebuild entrance stairs, and install a canopy.” Anybody know how dramatic the facade alteration will be? The most recent permit filed for the commercial building a couple of months ago was to install toilets and ventilation. GMAP P*Shark
09/07/2011 10:00 AM
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Past and Present: Talman Street
A Look at Brooklyn, then and now.
One of the famous Berenice Abbot photos of Brooklyn in 1936 depicts this scene on Talman Street, a short street near the Brooklyn and Manhattan bridges that no longer exists. Back in the 1930’s, Talman ran between Jay and Bridge Street, tracing an old cow path, a de-mapped street that is now part of the Farragut Houses, and more specifically, the BQE. It was part of what was called “Irish Town”, a slum consisting of rickety wood framed houses from the 19th century that had no cellars, no running water, no toilets, and no heat. The Irish immigrants who gave the neighborhood its name, as well as adjoining Vinegar Hill, had come here in the early 1850’s, escaping the Potato Famine and English oppression. They were poor before they came here, and were at the bottom of the social order after settling in, with many working in the Navy Yard and the small factories that grew up around it. (more…)
09/02/2011 10:30 AM
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Could Brooklyn Bridge Park Extend Into Vinegar Hill?
Here’s a fun tidbit from The Eagle: “For the longest time, the precious waterfront from Jay Street to the Navy Yard has been the site of a large and ugly electric power plant owned by Con Edison…Believe it or not, Con Ed is going to tear that old rattletrap down, much to the delight of Vinegar Hill residents. [Brooklyn Bridge] Park leadership has had some preliminary discussions with Con Ed about the site. No one is saying anything right now. It will take awhile to dismantle the plant; environmental surveys will surely have to be done, and finances will have to be calculated. But it is possible to conceive that at least part of the parcel could be converted to park use. Some appealing buildings could be built, and the real estate taxes from one of them could be dedicated to fund the park.” Tough to imagine this is a priority when so many other balls are up in the air with regard to the park’s finances and construction schedule, but it’s an appealing prospect.
Could Bridge Park Expand Into Current Power Plant Site [Eagle]
08/15/2011 9:30 AM
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Development Watch: 102 Gold Street
Construction’s begun at the empty lot in Vinegar Hill at 102 Gold Street, right next door to the newish condo building 100 Gold. Recent permits are for a partial demolition and a new three-story, three-unit development, although there isn’t much of the previous building left to demolish. The lot was once home to a three-story brick building that you can see a picture of after the jump. GMAP DOB
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07/18/2011 2:40 PM
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Broker Shuffle, Price Cuts at 109 Gold
The 33-unit condo at 109 Gold Street in Vinegar Hill only officially hit the market four months ago, but now it appears its developers have brought in a new sales team. The condos, which were initially being sold by Prudential Douglas Elliman, are currently listed by Halstead. There are six active listings on StreetEasy—which doesn’t show any closed sales for the building—and at least a couple of price drops: A 1,005-square-foot two-bedroom has dropped from $699,000 to $649,000, and a 479-square-foot studio has gone from asking $355,000 to being listed for $349,000.
109 Gold Listings [Marketplace] and 109 Gold Listings [StreetEasy]
109 Gold Officially on the Market [Brownstoner]
109 Gold Listings Trickle In [Brownstoner]
109 Gold Fully Glassed [Brownstoner]
109 Gold Gets Windows [Brownstoner]
Glacial Pace at 109 Gold [Brownstoner] GMAP
07/18/2011 10:00 AM
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Rental of the Day: 85 Hudson Street
There isn’t a ton of rental inventory in Vinegar Hill, so this one-bedroom unit in the condo building 85 Husdon Street caught our eye. It’s a very nice space with a lovely bedroom terrace overlooking the Commodore’s Mansion. That said, the kitchen isn’t terribly large, and the $3,100-a-month rent isn’t cheap. What say you?
85 Hudson Street [NY Casa Group] GMAP P*Shark
07/14/2011 12:30 PM
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CB2 Approves Cafe for Vinegar Hill
After last week’s CB2 meeting, it seems as if Vinegar Hill will be making way for one more eating establishment, an offshoot from the neighborhood’s one and only restaurant, the Vinegar Hill House. CB2 just approved a beer and wine license for 70 Hudson Avenue, the under-construction storefront next door to Vinegar Hill House. According to their board presentation, it is going to be a cafe. Seems pretty promising! GMAP
05/16/2011 2:00 PM
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109 Gold Officially on the Market
As DumboNYC and Curbed covered earlier this week, the condo at 109 Gold in Vinegar Hill, has formally hit the market, and it’s got a new website with floorplans, details on amenities, etc. (Listings started popping up on StreetEasy in November.) Studios in the 33-unit building, which has been branded “Vinegar Hill 109,” start at $345,000; the priciest unit currently for sale is a $720,000 two-bedroom. The condo has been in the works since 2007.
109 Gold Street Debut [DumboNYC]
109 Gold Listings Trickle In [Brownstoner]
109 Gold Fully Glassed [Brownstoner]
109 Gold Gets Windows [Brownstoner]
Glacial Pace at 109 Gold [Brownstoner] GMAP
03/18/2011 11:00 AM
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The Projects-Dumbo Divide
The Daily News has an article about the class and quality-of-life differences between people who live in the Farragut Houses as opposed to neighboring Vinegar Hill or Dumbo: “Police sources said cops have investigated dozens of major crimes at the Farragut Houses in the past year, including shootings and robberies. The number of major crimes in nearby DUMBO is closer to zero.” The article cites Census stats saying that the median income of people living in or around the projects is $20,995 while it’s $148,611 in Vinegar Hill/Dumbo; 7 percent of the former population aged 25 or older have a bachelor’s degree, whereas 74 percent of people in Dumbo/Vinegar Hill who are 25 or older have BAs.
Life of Poverty and Fear in Housing Project for Those in Shadow of Wealth [Daily News]
02/28/2011 11:00 AM
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109 Gold Listings Trickle In
Demolition of St. George’s Church at the corner of Gold and York Streets in Vinegar Hill began at the end of 2007 but it wasn’t until the middle of last year that construction of the new building, now known as 109 Gold Street, really started to get some momentum. Now the development has finally hit the market. StreetEasy lists three nine units: there’s a studio for $380,000, a one-bedroom for $499,000, and a two-bedroom at $720,000. There are 33 units total. How do the prices strike you, and how much do you think proximity to the Farragut Houses will matter to potential buyers?
109 Gold Fully Glassed [Brownstoner]
109 Gold Gets Windows [Brownstoner]
Glacial Pace at 109 Gold [Brownstoner] GMAP
11/04/2010 10:00 AM
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185 York Nearing Completion
And brother makes two…Another residential building has risen on York Street in Vinegar Hill across the street from the Farragut Houses. The 16-unit, seven-story building looks just about done. We haven’t been able to track down any listings yet but we would be willing to bet that this will be a rental.
Development Watch: 185 York Street [Brownstoner] GMAP P*Shark
Development Watch: 185 York Street [Brownstoner] DOB
10/18/2010 2:45 PM
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Testing for Contamination in Vinegar Hill
According to Dumbo NYC, Vinegar Hill residents were informed that site tests at a former manufactured gas holder station on Front Street will begin this fall. The site, bordered by Front, York, Bridge and Gold, was a gas storage and distribution center from the 1800s to 1930s. National Grid will test for contamination in the soil or groundwater caused by coal tar, a byproduct of the site. You can read up on these types of gas plants here.
10/01/2010 10:01 AM
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Fresh Fridges For Farragut
The corner of Sands and Gold Streets was full of new refrigerators this morning. According to one of the workers onsite, every unit at the Farragut Houses is getting a new fridge. Wonder how long they’ve had their current ones? Are Whitman and Ingersoll getting similar upgrades?
09/13/2010 9:31 AM
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Waterfront Access from Gold Street?
The Department of Planning held a public workshop on the future of the Brooklyn waterfront on Monday night. One idea that was floated: Opening up the end of Gold Street where Con Ed is to provide public access to the waterfront. Good one!
Brooklynites Take Part In Waterfront Workshops [NY1]
05/19/2010 11:01 AM
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Feb 06, 2012 | 12:32 PM