BREAKING: 434 Units Announced for Former Brig Site
After months of speculation, HPD finally announced plans for the former Navy Brig site on Flushing between Clermont and Vanderbilt. (Our spidey sense must have been tingling when we shot the photo above a couple of weeks ago.) A group called the Navy Green Joint Venture — a partnership between Dunn Development Corporation and L&M…
After months of speculation, HPD finally announced plans for the former Navy Brig site on Flushing between Clermont and Vanderbilt. (Our spidey sense must have been tingling when we shot the photo above a couple of weeks ago.) A group called the Navy Green Joint Venture — a partnership between Dunn Development Corporation and L&M Equity Participants, Ltd. that brings the architectural chops of FXFowle Architects, Curtis + Ginsberg Architects LLP and Architecture in Formation together — was awarded the mixed use project. Almost 80 percent of the development’s 434 units (roughly half co-op and half rental apartments) will be affordable housing for families making between $21,250-$92,170; in addition, there will be open space, commercial tenants and a visual arts and day care center.
Brig Site Redevelopment Announced [Myrtle Minutes] GMAP
City Announces New Mixed-Income Development ast Brig Site [NYC.gov]
I’m 100% interested in the project, for residency, and I’ve weighed the pros and cons of subway and commerical proximity. I’m willing to invest in the neighborhood. At the risk of sounding like a dork, “If you build it, they will come.”
I and my husband average 80K/yr. I do not consider this “low income” by any means. We are very well taken care of. However, buying property in any form is extremely limited at that income.
Also, it’s near both our jobs. So more housing in the area is better for us.
I was under the impression that the development was going to try to emulate Westbeth- any knowledge about this?
I quite like it down there. The old naval hospital building is great, the grounds are full of wildlife. Its a nice old section of New York that hasn’t been modernized, sanitized and genericized. And theres no traffic on Flushing.
If there is a glut of housing, and
the units are slow to sell, prices will come down. Low income units will be
gone in a day, but that’s besides the point.
Prices in the surrounding area will come down. Remember when Yorkville was over built, couldn’t give the apts away. Remember when owners were offering
two months free rent to entice renters.
Remember when there were more coops then people to buy, prices went down, shakey buidings went into receivership.
Remember? No, well where’s your reference point. The last ten years,
interest rates have been at an all time
low, fueling the market. Ten thousand units are being built between Williamsburg and DT Bklyn. Have we reached saturation? Will your house be worth less. I think it’s a given.
Manhattan is cheaper, has way better schools, and is less congested than
downtown Brooklyn. There’s no where to
park in Brooklyn. The schools, we could
talk about the schools for days.
I read recently that a brownstone coop
sold for one thousand dollars a sq. ft.
Move to Manhattan, have a doorman, views. good schools for less. Oh, and you can actually have a decent meal in a
restaurant. They call Smith St. restaurant row! What a hoot. Where’s your reference point, stuck in a can.
EJ, I agree, it is pretty breathtaking that AY is obscene even by Manhattan standards.
7:11, some people just like being viscious, regardless of the subject. They don’t actually have an opinion, just rage. Notice how they never offer any inkling of the kind of real estate they WOULD like to debate.
“ay is going to have highrises. you know…like the ones all over manhattan?”
And yet AY will still be the densest community in the country – well surpassing those neighborhoods with those highrises “all over manhattan.”
hey tomk,
this is affordable housing. i don’t think many people on this site are looking to buy into the project, but for those of us that care about and love brooklyn, it is a very fine addition to the boro. not necessarily in terms of its beauty, but for the much needed affordable housing (and green housing at that!) that will be brought to an otherwise decaying area.
i can’t for the life of me figure out why you would not find this topic of interest to debate or discuss.
most people on here probably make well above the salary requirements, so your whole we’ll buy anything wrapped in glass comment is pretty absurd and definitely not of any use to this conversation, in my opinion.
You bozos will buy any hyped shit wrapped in glass. I’m convinced the city is overrun by suckers, pure and simple. This is the real estate you want to debate?
this project looks fantastic