One Brooklyn Bridge Park Open for Business
Without a whole lot of fanfare, One Brooklyn Bridge Park opened for business yesterday. There’s no pricing info on Stribling or the development’s Homepage, but one prospective buyer dropped us a note with this report from inside the sales office: There are 445 apartments in the complex, ranging from $650 a foot on the BQE…
Without a whole lot of fanfare, One Brooklyn Bridge Park opened for business yesterday. There’s no pricing info on Stribling or the development’s Homepage, but one prospective buyer dropped us a note with this report from inside the sales office: There are 445 apartments in the complex, ranging from $650 a foot on the BQE side to $1,200 a foot for Manhattan views; three bedrooms start at $1.8 million. There’s one model apartment to look at (a two-bedroom) and none of the most prime units are available for sale yet. One interior design detail of note: The Sub Zero built-ins are wood covered to blend in with the cabinets. (We’ve included an interior rendering on the jump.) It’s easy to be skeptical about this project given the proximity to the BQE and the fact that there’s going to be another couple years of construction, but we bet that time will show that this is a place people want to live, especially when the park is done. What do you think?
Photo by rguskind
“$12 is an annual figure, not monthly”
That’s still $1 per sq. ft. per month, which is relatively high for Brooklyn, even in the luxury condos.
no mortgage interest deduction? eh?
$12 is an annual figure, not monthly
The building is a co-exclusive between Stribling and The Developers Group. Looks like it will be a beautiful project.
$12 a sq ft common charges!!!!!!!!!!!
As opposed to approx $2 a sq ft for Manhattan!!!!
TALK ABOUT INFLATION!!!
1. I thought the highway side units would be cheaper and the park side more expensive.
2. This building will survive most hurricanes but what about global warming?
3. Reconstruction of the BQE triple cantilever is several years off. I’d need a real competitive price to live on that side of the building through several years of construction. The park will not be the staging area unless, heaven forbid, the park still hasn’t been built by then.
4. Not sure it’s a ground lease per se, but the developer is going to sell the property (including the land) to the state and lease it back for 99 years.
5. A reliable source told me $12/square foot on the common charges.
12:41, if what you say is true, we’re talking bout a condop…
no deed (correct me if I’m wrong), no HELOC, heck, no mortgage interest deduction… all for twelve hun a sq foot!!
Think I’d wait this one out and see whats built next on the strip.
I take back my comment $1200/sf for prime Soho being dated, that actually looks roughly in the right neighborhood from a quick survey of NYT listings. My bad, I would’ve thought it was higher.
10:32 Land was not purchased. Long-term ground lease. 130 parking spaces available for purchase – somewhere in the neighborhood of $150,000 per space.
Anyone have any idea of what the common charges might be? I believe this property will be contributing to the park maintenance.