99 Gold: Wassssuuuuppppp
After the flurry of media attention last summer (remember the indoor basketball court?), 99 Gold seems to have faded from the public consiousness. We haven’t it mentioned for months. So out curiosity was piqued when we happened to walk past the building last week. There are currently 21 listings on the market but the DOB…
After the flurry of media attention last summer (remember the indoor basketball court?), 99 Gold seems to have faded from the public consiousness. We haven’t it mentioned for months. So out curiosity was piqued when we happened to walk past the building last week. There are currently 21 listings on the market but the DOB filings specify 88 apartments. So what’s happened to the other 67 units? Have any of them sold? Have prices moved a lot since they first hit the market?
99 Gold [The Developers Group]
GMAP
99 Gold (Finally) Hits the Market [Brownstoner]
Though I disagree with it, I understand that some people are uncomfortable with the idea of living near public housing. What I don’t understand is why this is an issue that always pops up when discussing 99 Gold, but never when discussing the Vistas or 79 Bridge. Those buildings are almost as close to the Farragut houses as 99 Gold is; you just can’t actually see them from those buildings. Is this what makes people more comfortable with their investment and safety? Out of sight, out of mind?
I came from projects years ago and no longer do but I would be scared to live near bklyn
I have set up a group for contract holders at 99 Gold Street. Email me at mariatcohen@gmail.com if you are currently in contract and would like to join
thanks
m
No way anyone in their right mind would discount this buildings proximity to Farragut Houses and Walt Whitman projects. A doorman is not going to make that much of a difference. You can develop the area surrounding these projects as much as you want but they’re not going anywhere. BTW, check out the crime stats in these places, esp in the summer. Charm schmarm.
Last time I checked, most (if not all)of those $1k per sq foot DUMBO condos are not sitting next to the Farragut Houses, or any other housing project. Oh well, I guess we can agree to disagree.
You are not bursting my bubble by any means. Again, I lived on Hudson Avenue (one block east of 99 Gold) for 3 years, and I never felt unsafe. In fact Vinegar Hill is one of my favorite neighborhoods in Brooklyn. It has more charm and character than most. You should also consider that people felt the same way as you when condos in DUMBO started emerging. Now those people are kicking themselves for not buying. So to answer your question, if I was in the market I would definitely be looking at this building as a viable option. I also tend to think a building like this will offer a doorman, or at the very least a video security system? Feel free to correct me if I am wrong about that. Let me also clarify that I am not looking to pick a fight or anything of the sort. I just happen to be a big fan of this area, and having lived in the same location for a substantial amount of time have more knowledge about the safety than someone looking from the outside in.
Anon 2:29 – I have lived in Brooklyn Heights for over 15 years. I have witnessed the evolution of DUMBO and now Vinegar Hill. I work in DUMBO and often walk around the BH, DUMBO, and VH areas. The area immediately surrounding those VH projects feels unsafe. No way around it. Sorry to burst your bubble. If you had over $700k, would you choose to live in a 1BR, without a doorman or security guard, right next door to those projects?
bklyn, have you ever even spent time in this neighborhood? Or do you just see projects and assume the worst? I lived on Hudson for 3 years and I never encountered one situation where I had felt unsafe. York street is not neccesarily the most attractive walk, but if the look of it bothers you, walk down Front Street instead. Almost every neighborhood in Bklyn (and several in Manhattan) has projects surrounding it. That does not automatically equate it to being “EXTREMELY UNSAFE.”
Valentina – I’ve seen this building and it looks VERY pretty from the outside. But it is RIGHT NEXT DOOR to SEVERAL HUGE HOUSING PROJECTS. When you walk around that area – either day or night – it feels EXTREMELY UNSAFE. That’s an objective opinion. I live in Brooklyn and agree with you that many Brooklynites feel the need to bash new construction. But you can’t get around the fact that this beautiful building is right smack in the middle of a very unsafe area. I have friends who are in contract at this building. And I am very concerned about their decision to live there. I would feel uncomfortable visiting them with my small children during the evening, and parking my car in that neighborhood.