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University Towers is a three-building, 549-unit cooperative housing complex on the Fort Greene-Downtown Brooklyn border. Built as rental housing in the late ’50s for Long Island University faculty and staff, the group of buildings was converted to a moderate-income cooperative in 1989. At the time, prices ranged from $41,000 to $46,000 for studios; $67,000 to $92,000 for one-bedrooms; $94,000 to $125,000 for two-bedrooms and $127,000 to $141,000 for three-bedrooms. Now there’s a, 1,100-square-foot two-bedroom for sale for $530,000. The apartment has been recently renovated, with a surprisingly decent job done on the kitchen and bathroom. As for comps, there were two apartments of undetermined size that sold in the high $500’s at the end of last year. What do people think of UT as a place to live in general, especially now that several luxury condos are springing up in the immediate vicinity?
University Towers 2 Bedroom [Craigslist] GMAP P*Shark
PERSPECTIVES: Downtown Brooklyn [NY Times]
Homepage [University Towers]


What's Your Take? Leave a Comment

  1. Yeas,there are some gunshots.As at any projects neighborhoods-Lower Manhattan,East Side,East Harlem,etc.As in whole Fort Greene.Bed Stuwesant.I worked for Housing Authority for a year in a crime-stop related unit.You may live in manhattan in 3-6 million coop on same block with drug dealer infested project.It is New York.Getting much better-people got mugged more often elsewhere in FG than around UT.Ahd i am sure prices will go up with all dewelopment around.
    Now,ceiling-8’2″.Seen less.Windows in living room-wall wide,4′ high(could be higher,tough).In bedroom two 3 by 4′.I may see Verrazano bridge,water and whole SW Brooklyn.VERY LIGHT.Proportions?I got five closets.You may demolish them 🙂
    Hallways.Floors ALWAYS shiny,elevators cleen.Residents.Diverse as in whole FG.Old professionally looking(may be teachers,musicians,museum curators etc).New-gays(wh),young people with kids(wh),nurses and doctors from Brooklyn Hospital.
    Fot these money I could get 2 times smaler “one bedroom”(400sq feet???) in Park Slope or Brooklyn Hights.If You may afford these places-good for you.I like UT and going to stay here for 5-7 years.Then move to Manhattan.I like noise and diverse communities.Really.