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]
wow 2:15 what a load of holier than thou crap
whao dies and made you ultimate decider of who is important and who isnt?
funny how us uppre middle class are told to “move farther out” but god forbid that the same is asked of lower income people
fuck you
2:15 – but if Teachers couldnt live close enough to NYC to make their 60K a year then they’d have to pay teachers more.
And since our economy is a basic building block of our everyday society and safety then there is a fair argument to make that those people working at the economic core are vitally essential.
BTW – how did Social Workers make it to your list of “ESSENTIAL” people in our society?
Didn’t I hear that the “apartments” in this building were actually 185-square-foot studios? Would anybody who wasn’t financially desperate even *want* to live in a space that size??
i make less than 75K and just bought an apartment in park slope.
what’s your point, 2:10 other than that you are bad with money?
because a lot of the most important people in society…teachers, police officers, firefighters, social workers…ESSENTIAL people in our society (no…wall street, while essential to our economy are not essential to our everyday society and safety) i think should have the opportunity to live in or near the community where they work. that’s what keeps it vibrant.
if this is about fairness, why does someone who teaches your child making 35K a year and someone who shuffles papers and sells stocks making 35 million?
2:10 – cause they’re artists!
It’s not about entitlement or wanting to own a brownstone. The people complaining on this thread are talking about fairness: Why is it fair that someone making 35K gets a handout to live in a prime, desirable, conveniently located neighborhood, one that is increasingly out of reach to someone making 75K? Why shouldn’t that 35K person “suck it up” too and live elsewhere?
“It’s the upper middle class that’s getting squeezed out…”
They are only getting squeezed out because they are so entitled that they think they have the birth right to own a brownstone in Park Slope. Go farther out…it’s what people do in every city in America.
You make compromises. Upper Middle Class can certainly afford to live in New York City. Go buy a 3 bedroom in Kensington or Ditmas for 350K.
Is that not affordable?
Or do you think you’re above it?
That’s the real question…
“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. ”
I don’t believe these are for sale. They are rentals.
No one DESERVES to buy a home anywhere.
Most people in between low income and millionaires don’t want or need handouts from the government.
A lot of us prefer to work hard.
But if I were down on my luck, lost my job or loved teaching kids or was born with an artistic talent I felt the need to pursue, it would be nice to know that there was still a place for me in NYC.