Condo Boom Around McCarren Park
Lots of pricing details were included in Sunday’s NY Post article on the area around McCarren Park in Greenpoint, oops, we mean SoHo. (“It’s going to be a hub,” says developer Anthony Gurino. “It’s going to be a second Manhattan, a SoHo.”) 49-61 Engert Avenue: Traditional two-bedroom units from $649,000, two-bedroom garden duplexes from $725,000…
Lots of pricing details were included in Sunday’s NY Post article on the area around McCarren Park in Greenpoint, oops, we mean SoHo. (“It’s going to be a hub,” says developer Anthony Gurino. “It’s going to be a second Manhattan, a SoHo.”)
49-61 Engert Avenue: Traditional two-bedroom units from $649,000, two-bedroom garden duplexes from $725,000 and three-bedroom penthouse units starting at $955,000. Slated for occupancy in December, the building has already sold 19 of its 24 units.
510 Manhattan Avenue: 32-unit luxury building, also being developed by Tahoe, with 28 two-bedroom rentals ($2,500 a month) and four duplex penthouse condos ($1.2 million each), scheduled for occupancy in the fall of 2006.
297 Driggs: The building features one-bedroom units starting at $569,000 and two-bedrooms with private outdoor space going for up to $1.1 million. Twelve of the 14 apartments will have balconies overlooking McCarren Park.
610 Union Avenue:19-unit building of one-bedroom apartments. With upscale features like 16-foot ceilings, granite countertops and private terraces, units will start at $569,000 and top out at around $800,000.
50 Bayard: 58-unit warehouse conversion slated to come to market in late 2005 or early 2006. Designed by Andres Escobar, the development features one- and two-bedroom units, plus four penthouses enclosed in four glass-and-steel stories added onto the top of the structure. The building will feature parking and a doorman and concierge.
McCarren Park Area Booming [NY Post]
Breaking $1,000 psf in Greenpoint [Brownstoner]
McCarren Park Development 3 [Brownstoner]
McCarren Park Photo by Jesse Ultra
What's Your Take? Leave a Comment
hey.. fyi i just started this.. might be of interest for those who bought and want to share info
http://aquawilliamsburg.wordpress.com/
we bought a place at Aqua and we’re not rich. i’m a school teacher! brooklyn is more afforable than manhattan to own property and not give your entire paycheck to a landlord. we saved our 10% down! it’s hard to read sweeping judgements about who will be moving into these buildings. though i don’t like the height of some of them, i do believe the tenants are going to create more businesses in the area and bring community to an area that was once desolate.
The comments on this post disrespects a really vibrant and wonderful community. Besides many of you sound like a bunch of pus%ys. Bit&ching about a sewage plant and neighborhood park. How can you possibly evaluate a community on the superficial criteria of spoiled not so rich white kids (many of whom are using their parents money to support their lifestyle in NY). Do you really thing the BQE is more smog spewing than the parkways that ring Manhattan? Not to mention the gridlock traffic in througout Midtown & lower Manhattan. In Greenpoint you will notice things like young and old people, neighborhood businesses, a great youth soccer league, and diversity (class too!). 20 years ago people in Greenpoint and Williamsburg were fighting for safer streets, better schools, environmental justice. Thanks to the “housing boom” we got stuck with crappy developments and, sorry to say, folks like many of you — superficial, slightly indifferent, jerks. Please leave for Manhattan and tell your friends and family not to buy the crappy condos. It would really help the community…. sorry for the angry rant.
for all of you who don’t understand the high prices around mccarren park sprouting up – and no, it’s not that I’m excited about this – It’s 5 minutes from downtown! It practically IS downtown and every developer and prospective buyer knows that. Let’s say someone has half a million to drop on new digs; do you think they’ll spend it in on the far reaches of Manhattan for a cramped studio many blocks from subways and decent grocery stores or in the middle-of-nowhere-brooklyn (why live there at all??), OR along a green park near fabulous boutiques, restaurants and a river front in Greenpoint? Um, I don’t think this is rocket science. I wish I could afford it.
Recently I’ve heard numbers as high as 20,000 for the number of condominium units scheduled to land on the market in the next two years. I am having a hard time both, believing such a number can be accurate, and verifying that it is indeed to high. If anyone has a comment on this number and a solid source to review I would greatly appreciate that.
On the same topic, if that number is anywhere near the correct one has anyone heard much about how the municipality plans to handle the morning and evening traffic demands on the already overcrowded L-train and our gridlocked Williamsburg Bridge? I see these as the main problems for real growth in this area. The rest seems realistically surrmountable with time and money flowing into the neighborhood.
Another happy greenpointer here (though I suspect that my contentment has something to do with my beautiful green backyard and those of my neighbors)– just wanted to add that rumor has it that the derelict state of McCarren park isn’t for lack of funds, etc. but because of incompetent, corrupt management by the specific official in charge (I forget the name of the position.) I dont’ know if thats true or not, but in light of the bizzare goings-on by Parks that I’ve observed over the last several years, it makes a lot of sense. (Does anybody remember when they tried to plant grass seed on and around the playing fields over acres of incompletely-buried plastic landscaping mesh, and the mesh came up in pieces and blew around the neighborhood for weeks, like little tumbleweeds?)
By the way, the sewer smell is much improved these days– I rarely get a whiff.
I wish there was more topless sunbathing by some of those large breasted trust fund babes in the park! In Europe everybody does it. Why not in Brooklyn too?
I like G train becouse it does not go to Manhattan, it is kind of diffrent train, maybe less usefull but it is going to a lot of cool places (smith st, FG/CH, wiliamsburg, G point)
Maks no sence to sell it as a Manhattan train i have to agree but I am tired of all this people complaining about G train.
***And proximity to the G train should NOT be a selling point for luxury condo living!!***
One last thing and I’ll stop, I swear: In a bunch of ads for “luxury” rentals and condos in Greenpoint, I’ve been seeing the phrase, “Steps from the Manhattan G train!” Very clever way of putting it, no? I suppose those not familiar with the area won’t realize it’s the Manhattan AVENUE ENTRANCE to the G train, which does not go into the city. “Oh look, honey! It’s right by a train into Manhattan!”
Makes me laugh every time.