99 Gold (Finally) Hits the Market
After a few delays over at 99 Gold in Dumbo (er, Vinegar Hill), buyers are finally getting a chance to step up to the plate. Or make that free-throw line. Units at the 100,000-square-foot former toy factory are hitting the market on Thursday. Potential buyers of the building’s 88 residences–which range in size from 672…
After a few delays over at 99 Gold in Dumbo (er, Vinegar Hill), buyers are finally getting a chance to step up to the plate. Or make that free-throw line. Units at the 100,000-square-foot former toy factory are hitting the market on Thursday. Potential buyers of the building’s 88 residences–which range in size from 672 square feet to 1,550 square feet–will also get a chance to shoot some hoops with Knicks legend John Starks on the building’s private basement court while sipping a glass of pinot grigio at tomorrow night’s opening bash. The standard apartments will start at about $550 a foot, we hear, and supposedly will be ready for occupancy in the Fall.
Developments [The Developers Group] GMAP
Postcard from Dumbo [Brownstoner]
Anonymous at June 7, 2006 07:50 PM: Hi again, it’s me gidget. Sorry to burst your little racist bubble. I live very close to Farragut and frequent Fine Foods Supermarket at least 4x/wk. It’s mostly fine, but skip the broccoli…it’s usually a little brown. Anyway, no I don’t work for the Dev.Group; I am a very informed and active resident in the nabe and I am working to make it a better place in which to live. Like I said, if I had the money I would buy one of the condos in this project…I like the ‘P’ line best…nice water view! Maybe you should schedule and appt an see for yourself.
I live on Gold btwn Front and Water, about 200ft from 99 Gold St. Have lived there for three years and have not once been harassed, mugged or otherwise been a victim of intimidation or crime (except a Gutman truck backing into me and fleeing the scene – another story all together). I’ve heard of isolated incidents and some car break ins but not more so than hearing about them in Fort Greene or Prospect Heights. I actually had my car broken into three times when I lived in Greenpoint near zero projects over 4 years. Admittedly I generally avoid the projects, unless im waiting for the B61 or going to the Fine Food store but I imagine tha 99 golders will do pretty much the same, well at 550+ a sq ft maybe they wont be slumming it like me. Aren’t there major projects over in Carroll Gardens and Boerum Hill right next to $1.5M townhouses?
The Navy Yard edge of Vinegar Hill has one of the only remaining clusters of early 19th Century working class residences in all of Brooklyn. There will be an inevitable gentrification of this and the entire waterfront area as the eastward push of development from Dumbo meets these charming streets. Like in Chelsea, life in the projects will rise along with the tide of the area and the level of crime will no longer resemble what it once was.
Everytime I go to dumbo there is police presence, so I’ve always felt safe. Someone even told me that dumbo has it’s own neighborhood security patrol. Perhaps the police and security should move up a few blocks to vinegar hill…
…ah, it all brings back memories: summer 1980, walking to Hudson Avenue to check out an apartment. going past the farragut houses, someone threw a beer bottle against the wall above my head, showering me with broken glass. got to the building and just kept walking, via a different return route. ran into a transit cop at the F train station and asked him about crime. he told me that there was a cop 24/7 in either the york street or high street station. moved to gowanus instead; might have been the first person to call it that, but I was trying to be cute.
Ok Gidget, now we know who you work for. 50 Bridge and 79 Bridge are on the other side of the world compared to 99 Gold. And mind you, 50 Bridge sold for 450 a/ft. Just go by the projects to one of the stors across the street during the day and you tell me you would want to buy a condo close to all that drama. It’s down right scary!!
RE: Anon 2:14 and pioneering buildings/condos in the area, there are already three condo buildings with folks living in them in the DUMBO/Vinegar Hill nabe near 99 Gold. There are the 50 Bridge St. condos, 79 Bridge St. condos and the condos at the end of Front Str. and Hudson Ave. a block away. There is also a bldg with rentals a block away on Water St. So this area already does have many people living in it, not to mention ‘the projects’ and the brownstones in the neighborhood.
RE: Anon 2:14 and pioneering buildings/condos in the area, there are already three condo buildings with folks living in them in the DUMBO/Vinegar Hill nabe near 99 Gold. There are the 50 Bridge St. condos, 79 Bridge St. condos and the condos at the end of Front Str. and Hudson Ave. a block away. There is also a bldg with rentals a block away on Water St. So this area already does have many people living in it, not to mention ‘the projects’ and the brownstones in the neighborhood.
Seriously, the dimensions are way off. Look how close the opposing free throw lines are.