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Starting this week, Brooklynites will have a chance to visit the sales office for On Prospect Park right here in Brooklyn. The development, which has been on the market since October 2006, has only had a sales center in Tribeca, but there’s now going to be one on-site at the Richard-Meier designed condo, according to Mario Procida, a principal of SDS Procida Development Group, which is developing On Prospect Park along with Gordon Group Holdings. The building is about 40 percent sold, says Procida. “I’d like to tell you that we were all sold out, but that wouldn’t be true,” he says. “Sales haven’t been spectacular, but they’ve been good, and we’re pretty happy with them.” Procida says the development is more or less “hitting its numbers,” sales-wise. The condo is still under construction and should be ready for move-ins this fall. There’s been quite a bit of demand for bigger units at the development, and Procida says a few buyers have purchased multiple units in order to combine them; his team has also combined some units to give prospective buyers larger layouts. “We started out with about 114 units and now we have around 100,” he says. Procida says he thinks OPP sales will pick up with the on-site sales office and because the building is near completion. “People are looking for more immediate product,” he says. According to StreetEasy’s OPP page, the priciest listing in contract is a $3 million, 2,470-square-foot two-bedroom and the most expensive unsold unit is a 3,408-square-foot four-bedroom duplex penthouse.
On Prospect Park Listings [Corcoran]
More Mega-Units at Meier’s OPP [Brownstoner] GMAP
Using Meier to Sell Brooklyn to Manhattanites [Brownstoner]
Wide Price Per Square Foot Range at OPP [Brownstoner]


What's Your Take? Leave a Comment

  1. Why are people so impressed by this building?

    It looks like any number of suburban office parks built since the 1980s.

    Living in it instead of working in it is not a design revolution.

  2. I just got a postcard from the What. Guess where he is? Dubai! he says he loves it. all the real estate there is about to be worthless. sends his regards to all you fucktards.

  3. “And for what it’s worth…I predict Dubai will be in the same situation we are in in about 10 years or less. Like I said…you have to wonder who is going to buy the 100,000 million dollar apts they have being constructed right now… ”

    not going to happen with copious oil supply and ultra cheap labor. they’ll just knock down the buildings if they become a negative drain and keep on truckin.

    and by the way, i have no interest in ever going to dubai – def not fighting you on observations re quality of life there.

  4. that building is an eyesore. completely out of character with all the other buildings. i mean, look at the building next to it. ridiculous.

  5. While I agree that Crown Heights has serious problems with violent crime, Prospect Heights has calmed considerably. But that doesn’t matter for residents of this building, as its entrance is facing more towards GAP and is therefore separated from the nonense on St. Johns Place (mostly east of Underhill Avenue – the block between Plaza Street and Underhill is perfectly safe). Aside from the Labor Day Parade, it will be easy to ignore life behind and east of this building.

  6. Does the building have a garage? a pool?
    It looks nice, the location is a little pedestrian-challenging. that traffic circle is diffcult to navigate.

  7. Even nice parts of other urban cities in the country are more scary than that area of Brooklyn, 2:14. Have you been to any of the other cities in the U.S. lately? Whine all you want but I’d choose anywhere in Brooklyn any day than something in other urban cities.

  8. I know you were joking Brooklynlove.

    I just hear people compare NYC to Dubai all the time and it really is like comparing apples to oranges.

    Dubai is a culture-less, soul-less city in the middle of the most desolate landscape you can imagine. Then top that off with slave labor.

    Think Las Vegas, 10 times bigger with no casinos.

    New York is a lot of things…but it certainly is not soul-less.

    And for what it’s worth…I predict Dubai will be in the same situation we are in in about 10 years or less. Like I said…you have to wonder who is going to buy the 100,000 million dollar apts they have being constructed right now…

  9. yes, there is still a significant ghetto element in prospect heights and neighboring crown heights. i really don’t think that the neighborhood is worth these prices.

    having lived around there, i have to say that the area is scarier and more dangerous than people think. never felt safe.

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