Be@Schermerhorn Starts Back Up
Last month it was announced that be@schermerhorn had gotten a life-line in the form of new investor Jamestown Properties. Even better for the original developer, SDS Procida, Jamestown was going to let it stay on and run the relaunch. Yesterday came word that work had restarted on the finishing touches (it’s more than 90 percent…
Last month it was announced that be@schermerhorn had gotten a life-line in the form of new investor Jamestown Properties. Even better for the original developer, SDS Procida, Jamestown was going to let it stay on and run the relaunch. Yesterday came word that work had restarted on the finishing touches (it’s more than 90 percent complete according to the press release) required to get a Temporary Certificate of Occupancy for the 246-unit building. That should be welcome news to Brooklyn Fare across the street; maybe if some people move into be@schermerhorn the gourmet food market will be able to pay us our long-overdue invoice for advertising.
DoBro Condo Building Back from the Dead [Curbed]
Second Life For Be@Schermerhorn [Brownstoner]
Be@Schermerhorn Hits Another Snag [Brownstoner]
Welcome to Downtown Brooklyn’s Hottest Pocket [NY Post]
The Be@Schermerhorn Price Cuts We’ve Been Waiting For [Brownstoner]
What’s Going On at Be@Schermerhorn? [Brownstoner]
Checking In On Be@Schermerhorn [Brownstoner] GMAP
Price Cuts at Be@Schermerhorn [Brownstoner]
Inside Be@Schermerhorn [Brownstoner]
Mr B – did you miss this?
http://www.nydailynews.com/real_estate/2009/12/17/2009-12-17_markowitz_ends_years_of_renting_with_purchase_of_145m_home_in_windsor_terrace_ma.html?r=ny_local/brooklyn
“…maybe if some people move into be@schermerhorn the gourmet food market will be able to pay us our long-overdue invoice for advertising.”
I thought that was just a tongue-in-cheek comment regarding the few articles you guys have written mentioning their store name, not about a past due invoice.
Still, it’s VERY tacky mentioning it to the whole damn world. Have some class.
This will certainly be interesting to watch unfold, and no I am not talking about the prospect of Mr. B collecting his long-overdue invoice, which is an interesting story in and of itself (inflatable rat, bruised organic fruit and all) but not something I am focused on.
Crain’s reported in early November that Jamestown Partners was one of the existing equity participants in the deal and was buying up the mortgage at a deep discount (but did not provide details) and then Curbed runs a couple of posts that give the reader the impression that they are some type of vulture investor that will be solely responsible for saving the downtown Brooklyn condo market from a compelete shift to rental. Sounds more like they are just trying to limit the loss on their original equity investment. The bird analogy that comes to my mind has more to do with an albatross than a vulture.
BS’er, thanks for cutting Brooklyn Fare some slack. They are a great addition to the ‘hood…owner is a local guy.
LOL at all comments.
> You need to get a Brownstoner inflatable rat & protest outside.
Shouldn’t it be an inflatable stroller or Prius?
Brooklyn Fare don’t pay the rent,
So the big plastic rat gets sent,
Don’t worry,
Be@Schermerhorn
You need to get a Brownstoner inflatable rat & protest outside. I’ll hand out the “Brooklyn Un-Fare” flyers for you…
this would never happen if it was a bodega!
*rob*