4th Avenue Development Marches On (And Up)
[nggallery id=”21477″ template=galleryview] The Novo and Crest are yesterday’s news. From 13th Street to Warren and from Katan to Starbucks, a new gang’s all here. Slideshow above runs south to north. 4th Avenue, the Boulevard of Broken Promises? [Brownstoner]
[nggallery id=”21477″ template=galleryview]
The Novo and Crest are yesterday’s news. From 13th Street to Warren and from Katan to Starbucks, a new gang’s all here. Slideshow above runs south to north.
4th Avenue, the Boulevard of Broken Promises? [Brownstoner]
Level set the projections– 4th Ave is going to be/feel like Houston in terms of convenience, ammenities, shopping, etc. However it will be a lot better in terms of living because you won’t have a weekend flood of tourists and jersey folks.
Given the pricing, good layouts, and modern high end finishes, they will be great investments compared to the cost of doing a complete renovation. The mint stuff in PS will always be treasured, but there are a lot of crappy renovations w/bad finishes, bad layouts, crappy kitchens, and chopped up bedrooms on the market.
The market fundamentals are strong– the buildings are catering to young parents who don’t want to move to the east village, dumbo or the burbs. This is a strong and growing segment that cannot find good 3 bedrooms. The trend in Manhattan is to buy and combine units.
I can understand the crotchety old farts or renters who complain about aesthetics, but if you have young kids, you need convenience, space, parking, clean interiors,good kitchens, and no roaches.
Anyway, the businesses on 5th ave are going to boom. 4th will come along as well.
Shout out to the OG’s (the OG’s… keeping it real w/the original gentrifiers) and other administrative assistants who hope to write screenplays.
Does anyone know what, if anything, is going up at 4th ave and 15th?? It was an old run down brownstone that was tore down about a year or so ago. The lot has remained empty ever since…
Argyle seems to be going up fast now. I’m curious if it will end up looking as nice as the rendering, or kinda fugly in real life (like Novo, Crest and Le Bleu).
On a positive note, the crummy bodega at 4th and 7th has reopened as a much nicer “natural” store.
I’ll simply repeat my comments from last week’s write up on 4th avenue development:
Other than the allure of lower prices than that of, say, 6th avenue or other swankier parts of the Slope, I don’t understand why people would want to live off of Fourth Ave. No, I’m not speaking in terms of the way it looks. It’s the noise factor. No matter how pretty you make the building, how much you build up the Avenue itself, it remains a high-traffic area replete with rumbling trucks and their accompanying horns, etc. Double-paned, sound-muffling windows are great, but the moment you open them, you will be assaulted by the ridiculous noise level. Relax on a balcony or terrace facing Fourth Avenue? Forget it! I live on relatively busy part of Fifth Avenue directly in front of a bus stop and every summer my blood pressure spikes in response to the noise from having my windows open. (I refuse to waste electricity and run the A.C. when a fan will do in some temperature ranges.) The only thing that keeps me somewhat sane is reminding myself that at least it’s not Fourth Ave.
…forever known as the Olive Garden Building.
Yes but this Starbucks looks to be part of a small taxpayer shopping center – geared more for cars then pedestrian.
Starbucks is retail
“There’s also a site on 26th and 4th Avenue that’s been cleared (for development?). It was a gas station/car wash that was closed for years. In recent weeks, they’ve demolished the buildings and removed the gas tanks.”
Zoned M-1, so unless they goto the BSA, it’s going to be something manufacturing or commercial.
If the developer is waiting around for the rezoning of Sunset Park (looking for an up-zone on 4th Ave), he’s sh*t out of luck. The rezoning stops shy of 39th St.
The ugly gray building on 20th Street appears to have retail space on most of the ground floor. It’ll be interesting if they can lease it out.