Corco Sets Up Shop in Williamsburg
The real estate market is alive and well in Williamsburg. Or not. Sandwiched between bagels and hardware, Corcoran’s latest office—their fourth in the borough, first in the Burg—opened yesterday in a L-shaped space that runs through from a storefront at 241 Bedford Avenue to an entrance on North 3rd Street (above). Under the watch of…
The real estate market is alive and well in Williamsburg. Or not. Sandwiched between bagels and hardware, Corcoran’s latest office—their fourth in the borough, first in the Burg—opened yesterday in a L-shaped space that runs through from a storefront at 241 Bedford Avenue to an entrance on North 3rd Street (above). Under the watch of broker Eric McFarland, the office has room for 42 brokers and is currently about 2/3 full. The office launches with a couple of big projects already under its belt, 349 Metropolitan and 100 North 3rd Street. Whether this is a prescient call that will position the Big C to cash in on the thousands of units slated to come online in the area in the next few years or a case of being the last one to board a sinking ship remains to be seen. Either way, it can’t be good news for the likes of Apartments & Lofts. GMAP
williamsburg sucks. enjoy your $2900 one bedrooms and 750k condo apartments.
From the photo above, what an ugly looking street.
Just like most of Williamsburg.
Ugly and Overpriced…perfect for Corcoran.
First time I saw W.burg was about 8 years ago–long before I even lived in NY. At the time I remember thinking two things 1)What’s up with all the pretentious hipsters? 2)I don’t like the way this place looks.
But hey, every neighborhood needs its boosters. I’m glad that Williamsburg has its own. If you love living there, then it’s apparently about to get much easier for you to do so. Enjoy!
3:30…if someone wants to talk about real estate INVESTMENT, they would NOT be talking about Williamsburg.
There is little room to make money in Williamsburg anymore.
It’s all overpriced and most of it is crap.
This is actually a blog about Brownstone Brooklyn and those that love it more than it is about Brooklyn Real Estate, so just wondering why you’ve felt the need to comment so thoroughly on something you seem to know so little about??
Do people really move to neighborhoods based solely on relative coolness or edginess (for those who want to get mugged once a week)? You have to live somewhere, right? and maybe you found a convenient place with an apartment you like at a good price and you didn’t really mean it as a political or personal or artistic statement. What do you do, just pick up and move every time the neighborhood is “over”? That sounds kind of pathetic. This should not be the defining issue of your life or your lifestyle. Whether or not something is a good investment for that much money is a different story…
2:50pm you sound like a child and probably a renter. how old are you? this is a blog to discuss real estate investments. grow up already. would love to hear your 25 year old definition of cool. snore. don’t know if you didn’t get the memo, but EVERYONE gets older. today’s cool kids will all be 40 too one day unless they die of an overdose or get knifed in bushwick. where will the previously cool kids go when they grow up? hmmmm maybe, hold on, they’ll buy a condo a williamsburg – hello! just because you age doesn’t mean you suddenly become an ex-frat boy investment banker.
what are you hoping for for yourself – a life with no children, no family? several williamsburg condo buyers have lived in the neighborhood for years – should they move? why can’t they stay and invest in a neighborhood that they love?
an entire neighborhood, williamsburg, is being transformed. and, yes it will have a significant amount of home owners concentrated one stop from 2 different trains to manhattan, so it is very important to discuss this on a brooklyn real estate blog.
anyone who isn’t interested in this from a real estate investment scenario, or is at least curious, isn’t serious about Brooklyn’s changing landscape. that’s fine, but do not bother to post about williamsburg.
BFD on corcorn going to williamsburg..they suck.. but eric is actually a good guy!
All the “cool” people left Williamsburg 5 years ago.
Now all that’s left are the new arrivals at 3 to a room and the leftover moms who couldn’t cut it in Park Slope.
I left Williamsburg 5 years ago. It was overated even then.