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The netting is starting to come down on 499 Vanderbilt, a 13-unit residential building. The HRA’s eventual move to 470 Vanderbilt might be good news for local businesses but what does it mean for renting or selling the apartments in this building?
Development Watch: 499 Vanderbilt [Brownstoner] GMAP


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  1. What’s going to happen here is that there will be no problem whatsoever renting these apartments and the skraggley gaggle of auto repair shops and gas stations will begin to disappear. Atlantic Ave is Atlantic Avenue, a major thoroughfare, but I think we will see a shifting of what is around to more retail to serve these new entrants into the neighborhood. Parking is going to get tougher and tougher in the neighborhood though.