Upscale Green Townhouses Coming to Bed Stuy
Here’s a rendering for a trio of green, modular townhouses planned for a plot of land in Bed Stuy across the street from Restoration Plaza. Designed by Garrison Architects, the 2,900-square-foot houses have highly efficient heating, insulation and lighting systems. They also look pretty darn good, we think. According to the listing agent, one of…
Here’s a rendering for a trio of green, modular townhouses planned for a plot of land in Bed Stuy across the street from Restoration Plaza. Designed by Garrison Architects, the 2,900-square-foot houses have highly efficient heating, insulation and lighting systems. They also look pretty darn good, we think. According to the listing agent, one of the three houses is already spoken for, which is impressive since a $1,300,000 price tag isn’t easy to pull off in this part of town these days. Then again, nothing like this has been done in the area as far as we know. Think they’ll be a market for this approach?
22 New York Avenue – In Contract [Corcoran]
24 New York Avenue [Corcoran] GMAP
24A New York Avenue [Corcoran]
The usual math won’t apply to these units. By shaking off the cookie cutter development model (ironic since these are modular) and creating units with a clean lined design aesthetic and a high level of finish, that are rooted in sensible, sustainable development the buyers are committed long term as an act of love. Well designed modernism for is a rare commodity, environmental responsibility is also a rare choice. Those committed to it don’t have many options. These will hold value because these owners will hold on to them whether the neighborhood is up or down.
Montrose Morris enough already with the crap.Stop misinforming people.I live in Bedstuy and while some areas have improved in the last few years, this spot around Restoration Plaza has not.Unless you consider 99c stores and western union outposts developments. It is also not very safe at nights and ther are lots of junkies and such hanging out around Restoration Plaza. I can’t see anyone paying more thatn 500k for these.
All these crime-panic comments are coming from people in neighborhoods way the heck out on the F or R lines who are NOT getting any gorgeous, upscale townhouses built green by top architects. And who will never get them because the city and its developers in looking way ahead know what these people won’t admit is a big issue – the best long range investment is in being close to good fast transportation to Manhattan.
Dig it. The bigger the population gets the more congestion on the roads, and the bigger the burden on infrastructure.
Oh BTW! Please read May 13, 2008 1:00 PM post!!! Read it read it read it!!! That is the life of a ASSHAT trying to live in the “HOOD”! The locals see you as a invading force F^%%$%ing up they way of life!!
Dumbasses!
The What
Someday this war is gonna end….
“NOT going down to $400K”
maybe not that number, but it could very well be that VALUE. If inflation keeps going and the prices in bed-stuy don’t move, it could very well get to the equivalent.
Bed-stuy is mimicking much of the US in terms of subprime crash. the drop in value in other US areas is staggering. what exactly saves bed-stuy et al from that? white people?
we’ll see.
http://www.nyc.gov/html/nypd/downloads/pdf/crime_statistics/cs079pct.pdf
Here are the crime stats for this district.
18 murder in 2007, while a HUGE improvement from 71 in 1990 is still TERRIBLE when you’re spending that kinda money.
1998 had 17 murders so 2007 had actually more than in 1998.
“People are still buying homes in Brooklyn. Those who want to buy in BS are still coming to BS, because it is more affordable, has gorgeous housing stock, and is a vibrant, historic community with a lot of good going for it, and it’s getting better every day. ”
Hey Morris, Pass me the joint! Stop hogging it!!
“The prices for prime Bed Stuy brownstones are NOT going down to $400K.”
BTW There is a big story about the Banks Borrowed Reserves. They are negative 60 Billion dollars. Banks have spent your reserves (Deposits) to shore up their balance sheets. Check this story out!
Bernanke Says Fed to Boost Loans to Banks as Needed (Update2)
http://www.bloomberg.com/apps/news?pid=20601087&sid=a1epxg3i.6YM&refer=home
Get a load of this!
Chairman Ben S. Bernanke said financial markets remain unsettled and the central bank will increase its auctions of cash to banks as needed.
You wonder why does the FED have to loan money to these banks??!! I deposit my money there and they loan it out. Everything must be OK, right? No it’s not, it’s downright scary! Our major institutions are insolvent! No morris, there will be 300k and less for houses in BED STUY! The last seven years in gains will be erased from the face of the earth!! The Asshats who bought into this “Con” will dump and run. The Hood will turn back into “Tha Hood”. The stagecoach will turn back to a pumpkin and the Mutant Real Estate Bubble will be dead!
Note: There is a covert reason why you can’t log in Morris, wake up!
The What (Ghetto!)
Someday this war is gonna end…
You know what I LOVE MONTROSE????
I love the fact that whenever anyone expresses something that you or the Bed Stuy or Crown Heights boosters don’t like, you say we don’t know the neighborhood or have never set foot there.
I find THAT interesting.
You don’t think it’s possible some people have been to Bed Stuy and simply don’t like it, think it’s dangerous (up until 10 years ago was ranked with South Central LA as two of the MOST dangerous neighborhoods in the COUNTRY!) don’t like the sampling of 99 cent stores and bodegas given the fact that homes cost a million bucks??
I’ve been to Bed Stuy hundreds of times. I had a girlfriend there who I visited often.
And I don’t like the neighborhood. In fact the reason my girlfriend left was because of a crime inflicted on her. The neighborhood NEVER felt safe, we were always glared at by the locals and we had to take the train to go to anywhere remotely nice to eat.
Even getting a decent cup of coffee was an ordeal.
So I don’t appreciate you saying that because someone does not like or does not feel comfortable somewhere that it means they’ve “never been there before”
It’s SO ignorant.
Bed Stuy is fine. Don’t kid yourself. It’s fine if you’re paying 500K for a house. It’s NOT FINE when you’re paying 1.3 million for a glorified slum of a neighborhood.
Awesome design. LOVE it. It is so interesting that the developer built townhouses that include a rental apartment, in essence creating a modern version of brownstone living. Updated for green living.
All that is actually very interesting to discuss were this truly a Brooklyn real estate blog.
And yet instead you make snarkey comments about one crime of passion.
Trying to find the logic in that, here.