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]
5:07 Say what?
you don’t need a free apartment to be an artist.
the apartments are free, idiot.
The vitriol on this site over a few housing units is astounding.
I pay a mortgage which is deductable on my taxes while others pay rent that isn’t subsidized in the same way. A (very large) transfer of money from other folks to me, for no good reason. In other words, a handout.
As far as the notion of me deserving my large real estate windfall for having “faith in Brooklyn,” the reality is very different. I bought an apartment in the early 90s because I needed one. I was too lazy to sell during subsequent divorce/relocation/re-relocation. By 2004 I was apparently rich enough to buy a nice brownstone. Faith in Brooklyn was irrelevent – I got lucky. Very, very lucky.
Helping out a few of those less fortunate or less well off isn’t going to kill anyone. Regardless of what the current administration and Fox news may tell you.
4:49 you sound as if you’re getting interviewed by a efficiency consultant at work discussing your job duties and how you fit into the companies goals. Trying to save your job? Of course you’ll say the rosiest things to paint yourself bright.
I am a garbage man and without me the city would be a pile of garbage so therefore I am more important than the busboy at the restaurant.
I am a busboy and without me the restaurant would be very dirty. Rats and cockroaches would infest and overwhelm the neighborhood and spread disease and kill and main many, many people.
Were all important to the fabric of the local, state, and national economy. We all do our part. Everybody, pat yourself on your back. Good job.
Social workers are essential.
Most therapists are social workers.
Ever go to an employee assistance program? You likely met with a social worker.
Social workers help keep criminals off drugs and therefore less likely to rob, rape, and kill you.
Social workers do crisis intervention and trauma counseling.
Social workers man suicide hotlines.
Social workers help train people in vocational programs so that those people can get off public assistance, SSI, etc. and be independent.
Social workers do case management for the elderly in nursing homes.
Social workers do therapy with children who have suffered physical and sexual abuse.
I could go on and on and on.
If you think that none of the above is essential to our society, then I give up.
Renters who “stayed during the rough patches” arent being summarily evicted either – since they are generally protected from large rent increases by Rent Stabilization.
i own in Brooklyn, so I am not squeezed out, but this handout sucks!
you don’t need a free apartment to be an artist.
You guys were alive and were property owners during the 70’s? Damn, I wasn’t even born yet and you guys are older than my parents.
And yet I’m competing with you guys for jobs and homes in NYC? No wonder you guys are bitter. So sad…. No, I mean so pathetic.
“you are witnessing a lot of the outrage by bitter people who passed up opportunites to buy something because they didn’t believe in brooklyn’s future enough (but ironically now criticize others for investing in its future at much higher dollar amounts) or they were unable or did not want to buy for one reason or another.”
Wrong…I own in CG, and I can understand why people feel that way…and not all of them are renters. Those who stayed during the rough patches believed in Brooklyn’s future. Look at both sides of the issue.