What Is Up With Schaefer Landing?
We got bombarded this week with data about the sales (or lack thereof) at Williamsburg’s Schaefer Landing by a guy with either an axe to grind or way too much time on his hands. A few things we know: (1) The developer switched from Elliman to Halstead several months ago, which suggests sales didn’t get…
We got bombarded this week with data about the sales (or lack thereof) at Williamsburg’s Schaefer Landing by a guy with either an axe to grind or way too much time on his hands. A few things we know: (1) The developer switched from Elliman to Halstead several months ago, which suggests sales didn’t get off to a booming start; (2) Halstead currently has 15 condos as 6 rentals up on its website, so the place is far from sold out; (3) Some original buyers (like Apartment 10D) are trying to get out of their investment. We’re not so sure about our tipster’s calculation that there are some 50-odd units for sale or rent through various brokers; this tipster also reports that a lot of the original purchases were by investors, not people planning to live there, which wouldn’t bode well for the stability of prices. Anyhoo, we’re sure some of you have been paying closer attention than we have. Is this really a bad situation — or is it just a big building that still has a bunch of units left? Property Shark shows no comps for the past twelve months.
Schaefer Landing Listings [Halstead] GMAP
What is better location: Williamsburg Southside or Hoboken?
I would say Hoboken as it has a real neighborhood….
Ummm prices have skyrocketed in JC and on Roosevelt Island, in JC just from a lower starting point and about 10 years behind Hoboken, new condos on Roosevelt are supposed to be pricey, most everything else are rentals.
PS Roosevelt Island technically is Manhattan, NY County not Queens
Proximity to Manhattan doesn’t ensure skyrocketing prices, especially when the transit options and neighborhood stinks.
Just look at Roosevelt Island and Jersey City
Let me just add to that,
“Buy now, or be priced out forever!!!!1!”
RE schools:
right now, our kid is going to a nursery school in the city, but considering Williamsburg Northside for preschool (excellent). it’s only 20 minutes to her school off the L.
there are several great public schools – PS 31, PS 34 and PS 132 in District 14. also, PS 17 is fairly well rated and may become great once all the waterfront condos are built. I believe that the Toll Brothers project is zoned for PS 17.
Park Slope, Tribeca, Cobble HIll, are only good now because so many came to those neighborhoods to gentrify them. Of course, PS 321 in Park Slope and Tribeca’s PS 234? forget.. are very over-crowded.
Once the schools improve, then the prices on real estate will go up up up….
Williamsburg is just TOO CLOSE to Manhattan not to skyrocket.
This is awesome, totally reminds of the who is cooler: L vs. F train resident battles on craigslist a few years back…lmao! BTW Pies n thighs is right up the block in back of Rockstar Bar which has been rather well reviewed, little stinky though. Guess the only thing you’ll have in common is the G train, or the Delancey stop transfer..
i moved from the upper west side to park slope about 3 months ago.
and these two friends have commented on the building, which they do not like, as well as that is wasn’t really what it was cracked up to be when they first bought (i realize that is partially their own fault). but the point is, they do not like the building, the neighborhood or the people. i believe one of their words was “like living in house of 35 year old sorority girls.” i know some people like this and would feel at home, but i would not. nor do they.
with regard to the comment about not liking hasidic jews because they are not nice. well if you knew anything, this has EVERYTHING to do with their religion and nothing to do with kindness. you are the same kind of person that wimpers when a mom in park slope passes you buy without offering to wipe your ass first.
and i find it VERY ironic that you erychimachus are calling me a middle class white guy from the burbs (which i am) but please don’t make me cut and paste your comment from a few weeks ago when you whined that you YOURSELF ARE A GUY IN YOUR LATE 20’S WHO MAKES OVER 100,000 A YEAR AND CAN’T AFFORD A PLACE IN BROOKLYN. i can’t believe you haven’t changed your identity by now because you clearly are the exact same effing thing. oh and no rich parents just like you. i have a good memory.
and i make around 35K less than you a year and just bought my first place in park slope and could not be any happier.
and my trips to manhattan on the Q train 3 blocks from me(10 minutes to union square and 25 to midtown) is totally reasonable.
and my commute to work on the upper west side via the 2/3 train takes 30 minutes. door to door.
i’m not complainin. why are you??
and to the last poster…i’ve absolutely heard more people who are wanting to leave willaimburg than the other way around, so clearly we run in different circles. my coworker (a hipster in the truest sense) said she can no longer afford her place there and is looking elsewhere in brooklyn.
if your idea of better and better is more starbucks, more banks, more white people, more upper middle class, then yes…williamsburg is only getting better and better.
Condo dweller, where are you planning to send your kid to school in Williamsburg? I live there now and agree it’s a great nabe, but we’re looking elsewhere in bklyn to buy because of the lack of good schools.
Hey JM –
I just moved out of Park Slope to Williamsburg. I now live off the the L, can walk to the JMZ (do most days) and am 5 blocks to the G, so I think that the neighborhood is super convenient – especially compared to the Slope.
Do think that Williamsburg has much more interesting people, restaurants, etc.. too. Also, the waterfront will continue to improve and i just love being near the water (and love the views).
I think that Williamsburg will get better and better. I keep meeting wonderful people who have bought or are buying. They tend to be a little more switched on. I got tired of boring people in the slope who would never had considered Brooklyn (CH, CG, PS) years ago when those neighborhoods were cool and now only grudgingly move to the Slope when they can’t afford the upper west side. obviously, that’s just my opinion – but I really saw it with the moms + dads I met on play dates.
So, anyway, I am a real live buyer with a million dollar condo (and husband and child) who loves Williamsburg and would not trade my current place for any where else in Brooklyn (or Manhattan!).