First Look at Love Lane Mews
[nggallery id=”53031″ template=galleryview] Brooklyn Heights’ Love Lane Mews launched sales in early December, and as construction wraps we got a chance to tour the 38-unit development–which is fairly unique in that it has 36 distinct layouts. The one-, two- and three-bedrooms are asking between $1 million and $2,450,000. The end of February should bring the…
[nggallery id=”53031″ template=galleryview]
Brooklyn Heights’ Love Lane Mews launched sales in early December, and as construction wraps we got a chance to tour the 38-unit development–which is fairly unique in that it has 36 distinct layouts. The one-, two- and three-bedrooms are asking between $1 million and $2,450,000. The end of February should bring the end of construction, and developers are currently negotiating with around a half-dozen prospective buyers. Four units, meanwhile, are currently in contract. Overall we were impressed with the setup, especially the two units with basement space. The layouts are some of the more diverse we’ve seen in new Brooklyn developments. Anyone toured the Mews themselves?
Love Lane Mews Already Selling [Brownstoner]
Development Watch: Love Lane Mews [Brownstoner]
Development Watch: Love Lane Mews Already [Brownstoner]
Development Watch: Love Lane Mews Creeping Along [Brownstoner]
Love Lane Mews Partner Gets Bought Out [Brownstoner] GMAP
Love Lane Mews Partner Gets Bought Out [Brownstoner]
Development Watch: Love Lane Mews with Skylight Views [Brownstoner]
Development Watch: Love Lane Mews Floorplans Revealed [Brownstoner]
Love Lane Conversion Getting Traction [Brownstoner]
“Contextual” Condo Design for Love Lane [Brownstoner]
The Latest on the Love Lane Garage? [Brownstoner]
Brokedeveloper/RussellG —
How do you go about installing HVAC in just one condo unit? I thought that would be a building wide item.
Given the carrying charges, the costs of the larger units are almost equivalent to that of full brownstone in the neighborhood. Can’t imagine why anyone would make that decision.
Co-sign Truman, those PTAC units are a dealbreaker. We have the in-wall HVAC units at the J and although the compressor kick is a bit loud, the units are great and quickly become must-haves.
People in OBBP who have bought and renovated (seems like such a waste to tear up new construction) have generally redone the HVAC. Those ductless units are loud and awful there.
I don’t mind flicking a switch to start a fire, but damn, what’s a girl gotta do to get a mantle over that sucker? At those prices, at lease give me a mantle.
The prices start at a “low” of about $1,050,000 for a 988 sq. ft. first floor 1BD to the mid-range 1,580 sq. ft. 2BR @ $1,675,000 to the 2,802 sq. ft. PH with an additional 2,376 ft of outdoor space @ $4,250,000. There was also a 1,900 sq. ft. 3BR/3Bth @ $2,550,000. All the penthouses are in the $2 million – $3 million range for 1,400 sq ft to 2,800 sq ft, all with some outdoor space. They’re asking, on average, about $1,300/sq. ft. Prices may have risen/dipped since.
Hi Ringo, as I said, the marketing is amateurish and I’m sure some would interpret it as pretentious. Their approach is pure Manhattan. Size up the buyer, figure out how much time you want to spend with them and then disclose whatever makes sense considering the time, qualifications, and 6th sense the marketer(read: sales agent) feels about the potential buyer. This is not a prudent marketing or selling technique in my opinion, but when there isn’t any oversight or assessment being made by the sponsor the marketing team can pretty much do whatever they want. I’ve always marvelled that developers spend so much time hiring construction reps to keep an eye on the hard costs, but nary an effort is made to keep the soft side in line and logical. Cantor had alot of success in the rising tide of the real estate values during the past 15 years. After getting rid of the easy-to-sell units that any project has, it will be alot more interesting to see how they do when there are 8-10 units left.
this gets a big MEH from me.
Some of the woodwork does look tacky. I mourn the loss of the garage, which was an important neighborhood amenity. But this follows the usual pattern of real estate development: Pick a pleasant area where people like to live and then raise the density and raise the density and eliminate everything that is of practical service and in so doing make the neighborhood much less pleasant and attractive.