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
Someone from PARK SLOPE thinks Williamsburg is a bad commute!???! HAHAHHAHAHAHAHHAHA I’m home listening to Levy on the tables while your still sittin on the train. Tool.
I’ve never had a problem with the hasidic community. I don’t interact with them much, but see them everyday. There are plenty of Domincan peeps in the neighborhood as well. Oh there is a “neighborhood” for sure, just not wall to wall people.
And how could I not walk the streets? I live there! Your broker commentaries are weird. Sounds to me like you couldn’t make any coin in the neighborhood, so you’re totally off it & that’s fine.
As far as infrasturcuture, by your definition. We have 2 deli’s within 3 blocks, a kosher supermarket (Central Market) 2 blocks South East, a drug store on the way home from the JMZ. and a dry cleaner under construction in the retail space on the ground floor. Guess you missed all those things while you “walked the streets.”
Anyone else who doesn’t live near here or know anything about South Williamsburg want to add anything? This is totally dumb.
JM, why do your friends hate living there? Is it the building, the neighborhood, the people?
Williamsburg Hasidic Jews are not nice people. We’re all for diversity, it is THEY who are not for diversity. If you aren’t one of them, they treat you like you are only slightly above an animal.
And, JM, you are obviously a suburban middle-class white boy with a liberal arts education. Jews almost exclusively dominate the real estate development business in NYC, and own most of the real estate in Manhattan.
A “select group of white men and women” are really not involved, unless you are referring to institutional investors, like insurance companies and pension funds.
i don’t understand how people who live in new york city in the year 2007 could possibly be complaining about hasidic jews. if you want a lily white upper middle class only city, why did you choose to move to new york city. it really makes me angry when people take for granted that the diversity of new york is what makes it special. the disney-fication of new york is being done by a select group of white men and woman and it’s disturbing. i’m white, btw.
i just bought in historic park slope…beuatiful neighborhood…small apartment, but if i had unlimited resources and my pick of any neighhborhood in all of new york, it would be dumbo.
re: the schaeffer landing project. i know 2 people who live in that building and they HATE it. can’t wait to get out, but they are afraid they won’t even be able to break even if they try to sell so are thinking they need to stay for another year or two and hope something happens.
personally, i don’t think it’s good news for this place. they missed the boat on the whole williamsburg thing. yeah, this is off the beaten path williamsburg, but had this gone up 5 years ago when everyone really wanted to move to williamsburg, i predict it would have done better.
i don’t see williamsburg as a destination of choice as much as it once was. the hipsters can’t afford it, the people who have money would rather move to a more prime area of brooklyn, i think so it leaves a sortof weird demographic left of people prices out of manhattan, want something new and don’t really care about amenities or a bad commute but still have money to burn. i typically don’t find that sortof crowd particularly interesting. but that’s just me.
hey, thats 15 places listed, we don’t know how many they are holding back, it wouldn’t be the first time.
Btw – You are talking about the Hasidim, 540 new condos are coming soon at Domsey for the Hasidic community.
Ceiling height is totally standard for new construction. I’d put it between 8 and 9 feet, no more.
Does anyone know how high(low) the ceiling is there?