Development Watch: The Edge
We haven’t checked in with The Edge development on the Williamsburg waterfront since last April because, well, there really hasn’t been that much to report. Things are starting to heat up, however. The foundation work for the first phase of the project, which will include 575 market rate and 350 affordable units, is underway; a…
We haven’t checked in with The Edge development on the Williamsburg waterfront since last April because, well, there really hasn’t been that much to report. Things are starting to heat up, however. The foundation work for the first phase of the project, which will include 575 market rate and 350 affordable units, is underway; a second phase could include another 500 to 600 apartments. Interestingly, Greenbuildings NYC reports that the developer, Douglaston Development, is shooting for a Silver LEED certification, which is extra sweet considering that part of the project includes a brownfield remediation. As Curbed notes, the project’s website now includes the best rendering to date of the two high-rise and two mid-rise buildings along with the news that the sales office will be opening in March 2008. This will be an important bellwether for the market. Should be interesting to watch.
The Edge Gets Edgier: Finally Shows Buildings [Curbed] GMAP
Edge Stays on Silver Track, Seeks Retail Tenants [Greenbuildings NYC]
Development Watch: The Edge [Brownstoner]
11:49:
Sorry for the lateness about this reply, but Citylight’s high maintenance has to do with the fact that the building has a HUGE secondary mortgage because the apartments sold for $8000 to $32000 when the building first opened (no those are not typos.)
This is why the maintenance is 60% tax deductable, because 60% of it goes towards a mortgage that the building has.
this is a major project that will be part of a total re-do of already gentrifying hood right across from manhattan. brownstoner – please continue to follow this.
I found this article today. It answers a few more of the questions. It certainly sounds like they are doing this properly.
http://beta.therealdeal.com/articles/8469
Thanks 11:39pm for answering a lot of the questions. As you could probably tell, I’m interested and look forward to the progression of the building. I just hope they do this right and not cheap out due to the climate being less than perfect like 3 years ago.
That is a lot of questions. I hope they don’t cheap out on this place. This building and other buildings going up will be with us for a long time and I hope they do this right.
I just don’t want to see what happened to CityLights in Long Island City happen to this building. Not to bring a flame war with them but it is my understanding the developers of that building built it quick, with cheap materials, and sub-par work and now the building is around 10 years old and falling apart. They now have a ridiculously high maintenance and upkeep fees to fix all the mistakes.
16. Ceiling height?
17. Concrete floor thickness?
18. Walls seperating units and hallway made with concrete cinder blocks or metal stud party walls?
18. 2 layers of 5/8″ drywall on each side of walls for a total of 4 layers per wall or are they single sided 5/8″ drywall?
19. Insulation in walls?
20. Kitchen applicance brand names, options to install higher end models?
21. Ceiling is finished or bare concrete? In other words, is there electrical running and lights?
22. Verizon FIOS ready/installed?
23. Closed circuit monitor to view lobby?
24. Closed circuit intercom to front desk or regular telephone?
25. No. of elevators & service elevator?
I have been following this one for a bit. A lot of those questions are very specific so I have no idea how to answer them, but here is what I know.
1. Exact number of floors & height. 29 stories and 14 stories
2. No. of units. 575, see the original BS post
3. No. of studios, 1BR’s, 2BR’s, 3BR’s, 4BR’s. Not sure of the breakdown, I don’t believe there are 4 bedrooms though.
4. Ground floor retail & restaurant? 60,000 sq ft of retail space which will potentially include a waterfront restaurant
5. No. of parking spots. not sure
6. Parking spots leased, rent, or for sale. I remember reading that they are for rent
7. Gym, pool, screening room, pool table, etc. yes, as per the website…well i dont think it mentioned screening room, but thats pretty standard now
13. 421-A and No. of years. There is definitely an abatement. Thats part of the inclusion of affordable housing. Dont know the details though.
If you google the edge you can find a handful of articles that have all this information. I am looking forward to this development. If the pricing isn’t outrageous I am strongly considering it. I greatly appreciate that they are going for Leed certification.
Do we have any structural details about this planned building?
1. Exact number of floors & height.
2. No. of units.
3. No. of studios, 1BR’s, 2BR’s, 3BR’s, 4BR’s.
4. Ground floor retail & restaurant?
5. No. of parking spots.
6. Parking spots leased, rent, or for sale.
7. Gym, pool, screening room, pool table, etc.
8. No. of doorman, concierge, super, porters.
9. Regular glass windows or laminated windows.
10. Kitchen exhaust vent or air-recycler.
11. Washer/Dryer exhaust vent or electric.
12. Hollow doors or solid wood doors.
13. 421-A and No. of years.
14. Common roof access or closed.
15. Cellphone antennas on roof or not.
Will there be an above ground parking garage? Because if it does, then I say it shouldn’t get any kind of LEED certification at all.