Williamsburg

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When Curbed busted out the latest rendering for 184 Kent Avenue on Friday (which, it turns out, has actually been up on the commercial broker’s site for a couple of months and is really just a different perspective on the drawings that were released last November), much debate ensued about the developer’s decision to go for rentals instead of condos. The most interesting part of the thread to us, though, was the comment alluding to the fact that the current owner of the building has applied to the State & National Registers of Historic Places to get preservation tax credits; this process includes a direct negotiation about allowable alterations and does not involve any kind of public review. (From the rendering, it looks like the concrete awning on Kent will be maintained.) Given the fight that the owner put up back in 2005, this was surprising news, so we decided to take a gander at Property Shark. Interestingly, the deed changed hands a year ago, but it looks like both entities have the same mailing address, suggesting that the Kestenbaums are still pulling the strings. Clearly, though, whoever the owner is right now is not treating the structure as the “Piece of Trash ” that the idiotic Simcha Felder once called it. This is good news indeed. Anyone know the reason for the change of heart?
EXCLUSIVE: 184 Kent Design Makeover Revealed [Curbed] GMAP
Listing: 184 Kent Avenue [RKF]
Do or Die Time for Cass Gilbert’s 184 Kent Avenue [Brownstoner]
More Than A Tweak at 184 Kent [Brownstoner]

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We can’t imagine there are a whole lot of people willing to shell out $1,450,000 for a non-descript two-story house out past the Graham stop on the L Train in Williamsburg, but you can’t blame the sellers for trying. As the Craigslist ad states, there are approved plans in place to add another 1,500 square feet of living space to this house, but that means you have to find someone who wants to spend $2 million-plus for a house in this location. Seems like a stretch to us. But then again, there aren’t that many houses with in-ground pools around here either!
69 Orient Avenue [Craigslist] GMAP P*Shark
House photo by Kate Leonova for Property Shark

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According to one of the future residents of The Mill Building on North 3rd Street in Williamsburg, the call went out yesterday to buyers that the 2nd, 3rd and 4th floors had received a Temporary Certificate of Occupancy (TCO) and the closings will start in 30 days. Looks to us like there’s only one unit left in the building — a 2,430-square-foot 3-bedroom apartment with no outdoor space for $1,600,000.
85 North Third Street [Corcoran] GMAP
Condo of the Day: The Mill Building [Brownstoner]
Photo by rsguskind

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After seven weeks on the market, the 1,280-square-foot loft at 154 Broadway in Williamsburg has lowered its ambitions with a price cut from $875,000 to $799,000. From where we sit, this now looks pretty attractively priced at about $625 a foot. What’s more, we like the minimalist finishes more than in most new developments. We’re not sure what’s been holding holding this place back: Could it be the second-floor location (above what we believe is a cigar bar)? Could it be the small number of units in the building? The 10-minute walk to the L train? Dunno. There was an open house on Sunday. Anyone check it out?
154 Broadway, Apt. 2 [Corcoran] GMAP P*Shark

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The opening party that The Developers Group threw for the Karl Fischer-designed Ikon, one of the new additions to condo row on Bayard Street in Greenpoint, was over the top to say the least, but we guess that was the point. Valet parking, velvet ropes, slinkily clad hostesses, you get the idea. Despite a visit from DOB and some glitches with the elevator, the club music kept pumping and, more importantly to the hosts, wealthy prospective buyers kept shlepping through the model apartment. Whether all the glitz will pay off in the form of sales at the 58-unit development remains to be seen. If it does, it will be due in no small part to the much talked-about views (see below), which are pretty spectacular, especially if you’re a soccer fan. We haven’t seen any prices yet. Anyone heard anything?

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It’s amazing to us that people will commit to buying a condo sight unseen but the developers of the Urban Green Condos on North 6th Street in Williamsburg have been able to coax down payments out of a couple people already, despite the fact that the site is nothing but a hole in the ground. (The sales office across the street just got a fresh coat of green paint last week, we noticed.) The plans for this 44-unit development include on-site parking, rooftop cabanas and an interior courtyard. Unlike some of its brethren on the waterfront, the development will be a more modest six stories, befitting its mid-block location. The price of entry? From what’s been released so far, the cheapest seat in the house is a 719-square-foot one-bedroom fro $540,000; a 1,268-square-foot three-bedroom is $920,000. No word on timing, but that partial stop-work order can’t be helping.
Available Listings [Douglas Elliman] GMAP P*Shark
Development Du Jour: Urban Green [Curbed]

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The Forgotten NY crew set out on one of their group tours las month. Destination: East Williamsburg, a neighborhood whose boundaries not everyone can agree on. Forgotten NY proposes a clean solution: “Anything south of the BQE, north of Flushing Avenue, and east of Humboldt Street is East Willie,” writes Kevin, though he admits that there’s a reasonable argument to be made for making Maspeth Avene the northern border. Among other interesting finds on the walking tour was the Greenpoint Hospital. Built in 1914, the group of buildings in located on Maspeth between Kingsland, Jackson and Debevoise Avenues. These would make much better condos in our opinion than anything new that’s getting built in the area. Lots more good stuff on the link.
East Williamsburg Part I [Forgotten NY]

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It’s been a year since we checked in with the massive Williamsburg waterfront development known as The Edge. While we’re sure plenty’s been happening behind the scenes, not a whole heck of a lot had happened on the ground until last week when backhoe (obscured by the porto-potties in this photo) arrived on site and dug a ceremonial hole. Current plans for the site (which runs from North 5th to North 7th Streets along Kent Avenue) call for 1,000 residential units and 60,000 square feet of retail spread over three buildings, the tallest of which will top out at 29 stories. Of particular interest to the broader L-train-riding community: a water taxi pier at the end of North 6th Street. A look at DOB filings reveals that the architect is Stephen B. Jacobs, who’s also responsible for the Boulevard East project on Boerum Place.
The Edge [Douglaston Development] GMAP P*Shark DOB
Groundbreaking? Or Just Feeling a Little On-Edge? [I’m Not Sayin]
The Edge Is Very, Very Alive in Williamsburg [Curbed]

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The partial stop work order at 20 Bayard Street aka Karl Fischer Row hasn’t stopped the project’s web developers from staying busy. When it’s finally done, the 80,000-plus-square-foot building is scheduled to have 64 apartments and 45 parking spaces. As the flash intro to the new web site that launched on Fridaydoesn’t let you forget, the sales pitch is all about one thing: the views. No pricing info has been disclosed yet. Any guesses?
Development Homepage [20 Bayard] GMAP P*Shark DOB