Fischer-palooza Continues: Warehouse Eleven Condos
Are you on the list? The coming out party for the Karl Fischer-designed Warehouse Eleven condos is January 31 and it’s invitation only. With 120 units to move in a not-so-hot environment for new condos, you think they’d ditch the velvet rope on this one. While we like the proportions of those corner units, we’re…
Are you on the list? The coming out party for the Karl Fischer-designed Warehouse Eleven condos is January 31 and it’s invitation only. With 120 units to move in a not-so-hot environment for new condos, you think they’d ditch the velvet rope on this one. While we like the proportions of those corner units, we’re not convinced there’s an endless supply of folks lookingto drop $845,000 for a one-bedroom apartment in Williamsburg these days. To be fair, though, there are some other one-bedrooms for under $500,000 and they have just as much use of the perks like full-time doorman, fitness center and, yes, yoga garden. This is another one that’ll be interesting to watch.
Warehouse Eleven Listings [Apartments & Lofts] GMAP
“Whoever pays $845k (or,700k or 500k) for a condo in that neighborhood is in for a serious shock.”
I agree. The shock will be when I sell the place I bought for 500K for 750K in a few years, and make 50% return on my investment.
I don’t see how anyone can dispute the convenience of one stop from Manhattan. Everywhere you look buildings are going up in this neighborhood and there’s a reason. It’s desirable area. As for the oil deal, flipper babies is an asinine comment that’s laughable and written by someone trying to be cute. This thing is 1% legitimate concern and 99% hype and scare tactics and is immaterial to smart buyers. Anyone who wants to live in a great neighborhood where you can still park your car on the street – for now anyways – have a park one block away, great stores and restaurants, and still get to Manhattan in 10 minutes, Williamsburg is ideal. All yoga gardens aside, of course.
williamsburg is selling really well – i see it from personal anecedotal experience – 2 apts in my condo bldg were sold in less than a year after the people had bought – one went in august for 15% more than the original price and the 2nd went this fall for over 30% more. also, i have heard from a friend who is an investor/broker in the nabe and according to him, anything within walking distance to the Bedford L is still selling really well.
i have lived in several manhattan and brooklyn neighborhoods, and i love williamsburg. think the haters just don’t know the hood which is fine, but everyone i know (which is like 40+ people) living in williamsburg swears they would never leave.
listen, this bldg will sell at list or not, but really, if you don’t know the neighborhood, then, why post? my upstairs neighbor is 26 and bought a one bedrom for just under $900K. so, it does happen. lots and lots of people with money out there who love the williamsburg vibe. not everyone wants to live in park slope.
hey 2:08 – are you blind?? for food: how about: sunac, Tops, millenium? are you joking? food shopping is terrific. and the stores and salons are marvelous. maybe too creative for you, but excepetional. wonderful buyers have staked their entrepenurial claim in williamsburg and have opend boutiques that are getting national attention. sounds like you are jealous and not fab sorry.
also, the whole diversity thing is STUPID! lot’s of gentrified areas are full of mostly white people – um,. no shit! there are no projects in williamsburg proper, so sorry, lots of white people – how awful! fuck off if you don’t like white people – your problem you racist.
think that the brownstoner audience is a bunch of uglies, so of course they don’t care about being cool. go back to your dull souless jobs and leave the cool kids alone. you are not invited!
what’s all this celebration of stores and amenities in “the new” Williamsburg? All I see are bars and boutiques full of faddish overpriced clothes for skinny girls with too much disposable income. I have yet to see a decent grocery or a shoemaker or anything that is a true service. Price gouging Korean food stores don’t count and there aren’t enough of them . There used to be a decent fruit/vegetable place and a Polish butcher on Bedford – gone now and nothing decent has taken their place.
according to princeton’s wordnet, the definition of diversity is: diverseness: noticeable heterogeneity. fine, so i will say racial diversity. how is that?
slam me… but next few times you go out, do a little count in your head. and then add up those numbers. and then try to twist and manipulate them to equal some sense of diversity.
“how many non-white people you see in most of the bars?”
Do Asians count? What about white foreigners and immigrants? There are a ton of those around.
This word diversity–I don’t think it means what you think it means.
9:34 here – I was NOT referring to just black people. I am Puerto Rican. Go out in Williamsburg one of these nights, and tell me how many non-white people you see in most of the bars? Very very few, with a few exceptions.
It’s annoying that “diverse” has become code for “there are black people” or, in the case of Williamsburg, “there aren’t black people.”
Actually though, there are. Also, I think the Spanish, Hasidic, Polish and Italian populations of Williamsburg should count towards diversity. However, much like frequenting local shops becomes shopping at Urban Rustic to the readers of this blog, such nuances are lost.
Someone asked why 2 bedroom condos were flying off the shelves at $600K or a little above — because there are tons of young families moving into the neighborhood and that’s what they all need. Hell, it’s what I need too, but I’m not willing to pay that much for 900 square feet with one giant window that doesn’t open, which is what most of that new construction boils down to.
Warehouse 11, in addition to being on top of the oil field, is just down the street from the site of a former lead paint factory, where the ground is so toxic, they’re not allowed to build on it.
10:27, I dont even know what you are talking about. Re: diversity, there are clearly two Williamsburgs. If you go out to the bars at night, they are overwhelmingly white, with few exceptions. I grew up in Wburg and hate what it has become. For real diversity, check out Fort Greene, or Clinton Hill.