So That's What Avalon Myrtle Will Look Like!
We’re a couple of days late to market with this rendering of the Avalon Bay project slated for the northeast corner of Flatbush Extension and Myrtle—it appeared in an off-line-only section of The Post last weekend (where Curbed grabbed it and posted earlier this week). The specs on the project—42 stories, 650 rental units—have been…
We’re a couple of days late to market with this rendering of the Avalon Bay project slated for the northeast corner of Flatbush Extension and Myrtle—it appeared in an off-line-only section of The Post last weekend (where Curbed grabbed it and posted earlier this week). The specs on the project—42 stories, 650 rental units—have been common knowledge for some time but they’d kept the pretty pictures under wraps. Besides being huge, this looks like it could be decent, though it’s hard to get a feel for the choice of materials. Look for a 2009 completion…The other take-away from the article was this quote from Joe Chan, president of the Downtown Brooklyn Partnership: “Somewhere in the pipeline, there are about 14,000 residential units and a million and a half square feet of office space.” How you like them apples?
Towering Avalon Brooklyn Revealed [Curbed] GMAP
Development Watch: BFC and Avalon Straddle Myrtle [Brownstoner]
Development Watch: BFC and Avalon Straddle Myrtle [Brownstoner]
11:44 is probably right; there is not much evidence of demand for more Class A office space. However, there is evidence of a strong commercial market in DUMBO for smaller, Class B (let’s say) space for “the creative industries.” Joe Chan, president of the Downtown Brooklyn Partnership, has expressed interest in attracting more architecture firms and the like to downtown. So what’s the difference between DUMBO and downtown? (1) The space already exists in DUMBO; no one is building on spec’ downtown. (2) You can rent 1500-5000 square feet in DUMBO; the spaces downtown, even the sublets, tend to be much larger. (3) DUMBO has an established hipness; downtown is…well, you finish the sentence based on your own experience. That said, I think the east side of Flatbush is better as residential and I don’t foresee the near-by NYCHA developments (which are not going anywhere, 10:50) having much impact on the new projects and their eventual tenants.
thank you, 11:46.
there are too many entitled people in this city that believe that they DESERVE to live wherever they please.
even on their 60K a year salary.
it’s not so.
There is affordable housing in Brooklyn. It’s in Bedford Stuyvesant, Bay Ridge, Bushwick and Flatlands. People aren’t entitled to live in downtown Brooklyn if they can’t afford it. They should have to move to a place they can afford. It’s called the free market, and it’s why places like Beverly Hills have an average home price of $1.8m dollars and only people who can afford to live there do.
“Brooklyn needs a lot more class A office space.”
Really? I’ve seen no evidence of such demand.
It’s a shame that such a bunch of Suburban Hell d-bags as Avalon had to be the ones to come along and build this, buuuut… I really think it is the right project at the right location. I love historic districts, historic buildings, and the vigorous protection thereof, etc, as much as the next B’stoner reader, but the fact is that much of that is wildly out of reach for most people. It is a simple economic fact that NYC and Brooklyn are in DESPERATE need of more housing and that more housing directly equals stabilization of prices which equals less people getting priced out of their neighborhoods. It is putting the cart before the horse to say that poor and middle class people are being run out of Brownstone Brooklyn neighborhoods by gentrifying preservationists – people across the city are moving to less expensive neighbohoods than the ones they were in before because there is not enough housing stock in the city. Brooklyn desperately needs 13,000+ more units of housing and right there is the second best place in the borough for it.
Brooklyn needs a lot more class A office space. This area would be great for it, why isn’t it being built??
So would this be the tallest building in Brooklyn? It’s taller than Williamsburg bank right?
I can’t actually believe you think that looks decent. I think it looks hideous.
Re: expensive apartments next to projects — already the case in Manhattan, ie East Village, Hell’s Kitchen, probably elsewhere as well.