The 14 Townhouses Were Just the Beginning
Crain’s reported yesterday on phases two through five for the 14 Townhouses project (three of which have been sold, a fourth is under negotiation) being developed by a joint venture between Abby Hamlin and Time Equities: 1) 14 Townhouses–substantially complete, in sales process; 2) 217-units of affordable housing plus performance space; 3) 12 more townhouses…
Crain’s reported yesterday on phases two through five for the 14 Townhouses project (three of which have been sold, a fourth is under negotiation) being developed by a joint venture between Abby Hamlin and Time Equities:
1) 14 Townhouses–substantially complete, in sales process;
2) 217-units of affordable housing plus performance space;
3) 12 more townhouses on State Street;
4) 100,000 square feet of retail;
5) 215,000 square feet of offices and apartments.
In the article, Abby Hamlin is quoted as saying that the community has embraced the project. That’s our impression too. Is anyone aware of any bad vibes out there?GMAP
Bold Housing Blend for Brooklyn [Crain’s]
State Street Townhouses Moon Transfer [Brownstoner]
Brooklyn Blue Tarps [Transfer]
I live on State and noticed something strange the other day.
When walking up State directly across from the Townhouses, the sun reflecting off one of the windows nearly blinded me and created an extreme amount of heat. I almost felt like an ant being burned by a sadistic child’s magnifying glass.
I wonder if any of the residents across the street have complained?
Here is a link to a 10-02-05 NyTimes article on the project. My apologies to 12:13 for carelessness.
http://www.nytimes.com/2005/10/02/realestate/02posting.html?pagewanted=1&ei=5070&en=92d9318ffe168fa0&ex=1148097600
To 12:20 PM. Ouch! 😉
ltjbukem:
The houses across the street are 25 footers.
I’m not a great proponent of brick by brick restoration. A modern renovation would produce a considerably larger property, on a larger lot, with more charm than the new townhouses. I think the new ones are nice, but they are a poor value relative to the alternatives.
West — I walk by this place everyday and think excatly the same thing. OTOH, does anyone know why the rat was never set up across from the marketing office at State and Bond (where the old hairdresser and Soft Skull Press once were located)?
I would not want to buy one of these houses with whats sounds like a massive construction project in the backyard.
For a while, The Smith had 2 rats.
crouchback
Stop shilling.
And how about “The Smith” going up at record speed before the condo market collapses? Love the giant rat staring at it everyday from across the street. What with the pace of construction (surely no corners are being cut…) and all that non-union labor, I can’t wait to get my hands on one of those!!
I’m confused. 3 out of 14 are sold right? So how does this make “more than half (I believe) of the townhouses sold”?
I also think I saw a report that one sold for $2.4m, but I could be mistaken. This still seems high considering some of the wider, old ones across the street have sold for less than $2 million recently.