It Came From 4th Ave!
Pictures can’t really do justice to the latest addition to 4th Avenue’s much-vaunted streetscape and retail scene. Cinder block-o-licious! GMAP
Pictures can’t really do justice to the latest addition to 4th Avenue’s much-vaunted streetscape and retail scene. Cinder block-o-licious! GMAP
dirthip, you’ve left me more confused. Rob never mentioned 150k salary, and since new apts. are, by definition, vacant, how can a $3300/mo one be stabilized.
And isn’t it $2k/mo OR 150k/year sal over 3 years?
oh – and as babs said the developer can choose to stabilze for incentives (just saw that)
but if an apartment hits 2k a month and is vacant – it’s destablized.
Rob’s right – they become unstabilzed at 2k per month AND 150k per year salary.
bianca jagger was just evicted from a rent stabilized apt on park ave that was more then 2000 a month
rob — I don’t get it.
If they become unstabilized at 2000, they cannot reach 15,000 while stabilized.
there are apts that go for 15 K a month that are rent stabalized. there is no cap on that. but an apartment can become unstabalized once it hits 2000.
*rob*
babs — how can $3300 apts. be rent stabilized? Don’t they destabilize at $2000?
BTW, one of the reasons I haven’t really been all that impressed with Brooklyn is so many people in this borough seem to have the annoying combination of thin skins and a permanent chip on their shoulder.
denton I beleive that is not the case (or has been changed). some newer 4th Ave buildings DO appear to provision for retail.
The rental apartments themselves are actually quite nice in this building and loaded with bells and whistles — only one apartment per floor, so keyed elevator opens into your apartment, really nice kitchen and bathroom finishes, washer dyer in each unit, through the wall PTAC a/c units, etc. Rents now down to $3300 or so. Apartments are rent-stabilized (developer traded this for tax breaks). Zoned PS 321. The big plus, of course, is that you don’t have to look at this ugly as sin building from your windows, unlike all of the unfortunate people in the buildings around you!
Oh, and I really, really hope rental prices keep going down in Manhattan so all of you who’d really prefer to live there can do so, and leave Brooklyn to those of us who wouldn’t live anywhere else!