Development Watch: 160 Schermerhorn Tops Out
It only took about three months for the Schermerhorn House at 160 Schermerhorn Street to top out at 11 stories. Half of the 190 units will be for low-income residents and artists while the other half will be for the formerly homeless. Strange bedfellows for the new owners of the fancy 14 Townhouses next door….

It only took about three months for the Schermerhorn House at 160 Schermerhorn Street to top out at 11 stories. Half of the 190 units will be for low-income residents and artists while the other half will be for the formerly homeless. Strange bedfellows for the new owners of the fancy 14 Townhouses next door.
Development Watch: Schermerhorn House Rising [Brownstoner] GMAP P*Shark DOB
Some More 411 on the “Schermerhorn House” [Brownstoner]
The Schermerhorn project is a great idea. NYC needs more housing of this type. But no matter what is being built there, those townhouses each have a two-story wall of glass facing the new building. That was a big selling point for Corcoran. Better get those 25′ tall vertical blinds for privacy, suckers.
Who decides who is an “artist” and what is “art”?
“Many European countries subsidize their artists, because they know that culture is important and that creative thinking and exploration is good for society as a whole.”
-Creative thinking and exploration are not the 1st words that come to mind when I think of the rigid class structure in much of Europe.
If you produce a creative product that people are interested in, you will do fine – maybe the reason why you are getting paid a “pittance” is because most people arent interested in you product – which of course leads to the question – if no one sees your art then who cares if it is thought provoking or original. And why should people who arent interested in your product be forced to subsidize it through taxation?
I don’t think anyone here is asking for more million-dollar condos. I think the point being made is that maybe there should be something for people in between low income and millionaires. Because a lot of people make a lot more than the “low income” limits (anyone know what those are, BTW?) but still can’t afford to buy a home in this very neighborhood. It’s the upper middle class that’s getting squeezed out…
Why do you assume artists and low income are not somewhere in between, 1:36?
Low income in NYC is like 40K a year.
You know…teachers, police officers, social workers.
I’m concerned that you lump them in at the bottom of the barrel.
So instead of building this, you’d rather it have been million dollar condos? How exactly would that have helped anyone other than the wealthy?
“Clusterfucks like this and others will be siting empty for years to come.”
You say a lot of really idiotic shit, but saying that this affordable housing project is going to sit empty really takes the cake.
1:16 and 1:26
so a perfect, diverse society consists of very wealthy people and poor folk who need handouts?
nothing in between?
The downfall of New York. Look at the shit that has gone up. No housing for the Middle-class.
This website is a vehicle for open class warfare. Mr. B is a dick, who got his and fuck everyone else. I would like to see him live here when this Hood turns back into ‘tha Hood’.
This is the reason why I pound here. Wake up people, the party is over. Clusterfucks like this and others will be siting empty for years to come.
The What
Someday this war is gonna end…
“Strange bedfellows” makes sense to me. 14 Townhouse is market rate, they are paying millions and across the back yard are people getting hand outs. How is that fair to all the other people that are more qualified to live there?”
What exactly is wrong with a DIVERSE neighborhood? It can’t hurt so much to have one building for these people.
Orlando has better weather.