Development Watch: 126 4th Avenue
The large development at Baltic Street and 4th Avenue, now almost complete, currently acts as the northern bookend to 4th’s construction boom. Like some of the other newbies farther down the avenue, the building is maybe not the most exciting structure in the world, design-wise. Unlike the Crest and Novo, though, word on the street…
The large development at Baltic Street and 4th Avenue, now almost complete, currently acts as the northern bookend to 4th’s construction boom. Like some of the other newbies farther down the avenue, the building is maybe not the most exciting structure in the world, design-wise. Unlike the Crest and Novo, though, word on the street is that this one’s going to be a rental rather than a condo (and that it was originally slated to be a hotel). The 50-some-odd-unit building recently lost its ground-floor scaffolding, which would seem to indicate that it’ll soon be marketable if not habitable, but we haven’t come across any listings yet. We’re betting a reasonably priced rental this close to the Atlantic-Pacific hub will have no problem doing brisk business.
Fantastic 4th? Eh, We’ll See [Brownstoner] GMAP
Ugly Ass Functional & Simple Fourth Avenue Building Revealed [Gowanus Lounge]
I didn’t know NYU was building a new residence hall on fourth avenue
Please post more buildings like this. They make me feel better about owning a house that all the chicken littles say is going to be worthless. In 15 years my mortgage will be paid off while rents at this building will have doubled or tripled. to $4K-6K per month.
I think rents will be consistent, or slighlty less, with the new(ish) building on president and 4th – maybe around $2000 – $2300 for a 2 BR.
how muh do you think rents will be in this building, in this section of park slope/gowanus?
Wait, are we completely sure this isn’t a housing project?
Wow, you have to work really hard to achieve such an ugliness.
Seems that to design such thing in NY in 21st century means either to have lot of sense of humor or lot of cynics.
Beaten badly by the Ugly Stick. Again and again.
Oh no, I can’t post comments? Where the love??
Well it’s a vehicle for open class warfare. But the crash is coming….
I hope you stay in the hood during this time of depression. It’s going to be fun. I can watch the value of your homes go up in smoke.
I’m The What and I will be here for ever, do you understand that?!!
FOR EVER
The What