Avalon from Above: Seven Weeks Later
Work at Avalon Fort Greene marches on, economy be damned! As you can see from this photo (click to expand) the first-floor structural form work is in place, a marked advance from the way it looked in early September. How psyched are the developers right now that this has always been slated to be a…
Work at Avalon Fort Greene marches on, economy be damned! As you can see from this photo (click to expand) the first-floor structural form work is in place, a marked advance from the way it looked in early September. How psyched are the developers right now that this has always been slated to be a rental building? Granted renting 650 units is no easy task, but it sure is easier than selling that many condos!
Development Watch: Avalon Fort Greene from Above [Brownstoner] GMAP
Avalon Myrtle Hit With Stop Work Order [Brownstoner]
Development Watch: 159 Myrtle Avenue [Brownstoner]
Foundation Push at Avalon Myrtle [Brownstoner]
Development Watch: 159 Myrtle Avenue [Brownstoner]
Myrtle Building Boom from Above [Brownstoner]
So That’s What Avalon Myrtle Will Look Like! [Brownstoner]
Not a rumor. City Point has halted all work for over 3 weeks now. I talked to the watchman outside and he said that City Point developers had to halt construction to redo interior plans to accommodate a new tenant. Apparently, a new blueprint had to be submitted to DOB for approval. I hope he is right. That is much better than stopping due to slow economy or lack of financing.
Personally, I am dubious that he is correct.
Hopefully, someone can find an accurate explanation for the work stoppage.
Knickerbocker–are you sure foundation work/construction is happening for Citypoint? heard a rumor it had stopped.
think it’s only 3 or 4 days old, but maybe they’re moving that fast now!
This is an old picture. I walked by at 12pm today and they are already working on the 2nd floor.
Red Apple (Casimedies)is across the street and has finished the foundation work on phase I.
Toren is capped off and the ‘bar code’ skin is 50% done.
Also the big rental building on Tillary and Gold is going up fast. It looks like they are already past the 10th floor.
Also Ratner’s rental on DeKalb is already past the 5 or 6th floor.
City Point demo work is done and they are starting work on the foundation.
The only stragglers seem to be the “Jetsons/Flatiron” on Tillary (adjacent to the Manhattan Bridge onramp) and Oro 2 which is still a big hole in the ground.
bottom line is that it’s going to be a busy winter for contractors in Ft Greene.
Recession be damned, keep on building!
Note: I am an co-op owner in the area, but am not a broker. However, I did just hire a broker to babysit my kid twice a week, and that says a lot about the state of the market.