$2,000 a Foot in Gravesend? You Betcha
A new development called The Venetian going up on Avenue P in Gravesend is a rather not-so-subtle reminder that not everyone covets the brownstone aesthetic. The fellow who brought it to our attention claims that apartments at the over-the-top residence are selling for between $700 and $1,500 a foot. Our tipster also notes that Sitt…
A new development called The Venetian going up on Avenue P in Gravesend is a rather not-so-subtle reminder that not everyone covets the brownstone aesthetic. The fellow who brought it to our attention claims that apartments at the over-the-top residence are selling for between $700 and $1,500 a foot. Our tipster also notes that Sitt Asset Management, the company that is behind the Venetian, also has assembled another two sites nearby, one on Avenue U, and the other on Ocean Parkway and R. The Ocean Parkway project reportedly will be even more luxe, with per square foot estimates in the $1,300 to $2,000 range. In what is sure to elicit accusations of narrowmindedness and provincialism (heck, given some recent threads someone will probably find a way to call us sexist or racist), we’ll go out on a limb and say that we didn’t know that there were that many folks in Gravesend packing this kind of buying power. Different strokes for different folks.
The Venetian [431 Avenue P] GMAP
Introduction [Venetian Plaza]
It’s funny that people will bitch about the salaries of transit workers. These same people often fail to be at all perturbed by “management consultants” and “executive coaches” who receive astronomical sums of money in exchange for “insights” that cut no deeper than the average Hallmark card. Or, they’ll justify Wall St. salaries by pointing out that they’re what the ‘market’ will bear, but then refuse to extend this same line of reasoning to more blue collar professions.
I’d like to see what happens when the city starts fairly taxing property in brownstone Brooklyn like they do in south Brooklyn.
People should be paying an annual tax of 1% of the market value of their house.
1.3 million dollar house should pay 13,000 a year.
This will further push low income homeowners to sell and move to Penn.
It is so stereotypical of some posters here to think that most russians that have money don’t pay taxes. I don’t think that average russian immigrant is diffirent from an average New York resident in most respects. Most russians that I know just work in regular jobs – from computer programming to accounting – and they pay taxes and pay more than they should because they live in this socialist city that allows MTA workers to retire at 55 and earn up to 100K with overtime for doing really meanial jobs… That’s where the problem lies, not with russians.
There are some educated Russians living in Oceana – I personally know several people that work in the financial sector, live in Oceana and pay more taxes that many people that post here. I don’t think people will pay so much to live in Gravesend. It’s not considered a very area by most people – including most russians. Russians want to live in Sheepshead Bay, Brighton Beach, Kings Highway or Bensonhurst – close to shops, restaurants and “life”
Is anonymous 01:35 PM Brownstoner?
There are waterfront houses in Mill Basin with massive yatchs on their private docks.
There is a house in Brooklyn Heights right now asking 16 million. Every floor has a direct Harbor view.
anon 2:26/1:35 is obnoxious. swear words – oooh. Do everyone a favor and try contributing something to the discussion besides a dose of your childish personality.
In the parts of Midwood I’ve been through, it’s mostly fancy brick home, maybe not big enough to be McMansions, that nevertheless take up almost all their lot. Since presumably these are for families with children, I wonder why the owners place so little value on yards for the kids to play in instead of extra rooms that will barely get used no matter how many kids you have. It’s not just that area of course, it’s a basic McMansion MO that I don’t understand…
these comments about russians paying no taxes are obnoxious… there are plenty of western europeans and regular old long-term americans who manage to cheat the IRS and generally fuck the system financially… there is no need to get defensive and attack the ethnic group you think is going to live in this building by calling them tax cheats! geez.