Wanna See One Brooklyn Bridge Park? Get In Line
When the sales office at One Brooklyn Bridge Park aka 360 Furman quietly opened on April 4, there was already a list of 4,000 (!) people waiting to get a peek inside the 449-unit development which, controversially, is located right in the middle of what will be a waterfront park. At some point this week,…
When the sales office at One Brooklyn Bridge Park aka 360 Furman quietly opened on April 4, there was already a list of 4,000 (!) people waiting to get a peek inside the 449-unit development which, controversially, is located right in the middle of what will be a waterfront park. At some point this week, the huddled masses will be able to get into the 1928 warehouse to peruse the condo offerings, which range from 588-square-foot studios to 4,638-square-foot penthouses. If the park ends up looking anywhere near as nice as this rendering (and there’s reason to think it will, given what’s already been built in Dumbo), this should be one of the most sought-after addresses this side of the East River. Time will tell. Does anyone know how many of these things are in contract already?
Park Condos, but the Park Comes Later [NY Times]
One Brooklyn Bridge Park Open for Business [Brownstoner]
The real question is how many of 4000 interested have the money to buy at about $1000 psqf
Anon 12:10 – I would think the developers strategy would be to start off low and then hopefully tack on both passive and active appreciation over the entire marketing period. Best deals in a development of this size are usually upfront. The developer is probably interested in getting into contract with a number of units right away in order to show both his equity partners and debt providers that the project is as viable as projected.
you can naysay all you’d like but clearly there are 4000 people interested in taking a look at this place.
they should have no trouble selling out. i love this area.
The two new towers are definitely planned to go up just south of One Brooklyn Bridge Park, near the foot of Atlantic Avenue. That is the plan endorsed by the Brooklyn Heights Association and rejected by just about everybody else, including the Cobble Hill Association, the Boerum Hill Association, the Fulton Ferry people, etc etc.
Those new towers, if built as planned, will really block the views of the south facing units in number 1 BBP.
If the towers are not built, the park will not be built either as the financing for the upkeep of the future park is tied in to the new development. Hence the controversy, and hence my skepticism that the park will ever be built in our lifetime.
has anyone confirmed (or is it listed anywhere that i can confirm) that the new high rises will definitely be to the south of that building? there goes my view if so (NOT happy right now).
The actual building is cream, not gray.
At the right price, they would go like hotcakes.
I think that they are starting off a little on the high side.
It is important to point our that there is no park yet. The image is an architect’s rendering of what it may look like, some day. Right now it is a huge parking lot with Port Authority sheds. It is the opposite of green and scenic.
The land is still owned by the Port Authority. It has yet to be transferred to the Parks Department, which seems less and less thrilled to take it over. There will be two highrises built to the south of the old warehouse, which is part of the “deal” (long story)
I notice those towers have not been included in the rendering.
whats the access, if any, to the promenade