Dark Times for Some Toy Factory Loft Dwellers
Remember the story last winter about the Corcoran broker who, in addition to suing the developer of the Toy Factory Lofts in Downtown Brooklyn for leakage, was cursing the imminent rise of the Avalon Bay development next door? Now the development is no longer imminent—it’s happening—and the view from the southern lot line windows at…
Remember the story last winter about the Corcoran broker who, in addition to suing the developer of the Toy Factory Lofts in Downtown Brooklyn for leakage, was cursing the imminent rise of the Avalon Bay development next door? Now the development is no longer imminent—it’s happening—and the view from the southern lot line windows at the Toy Factory are disappearing faster than you can say “declining property values.” It appears that the loss of views had a negative impact on the broker’s ability to sell his apartment—it’s currently rented instead. Can you think of similar instances of entire buildings losing a wall of views?
When Condo Investments Go Bad [Brownstoner] GMAP
why do i boo hiss??? HOW LONG has the Toy Factory building been there? How long have those windows been there? Let’s see…. the building has been in use since 1929, hmmm I don’t know, maybe when they tore down the buildings on Myrtle and designed the new “Avalon” they could of considered the existing buildings in the plan- check out the footprint of the building vs. the lot and you will notice that they are using only a portion of the footprint to maximize the height of the building. The building could of been placed anywhere on that plot. The Toy Factory was an initial pioneer in that neighborhood proving that Myrtle Ave and Tillary were viable areas. HELLO!
I just find it very sad, we are trying to improve the neighborhood but we let these scum of developers come in and ruin the neighboring existing buildings.
BOO HISS
Ya know, one whole side of The Forte is on the lot line. It says so in the floor plans. Those nice wrap around, big windows on the southwest corner could one day be closed up, blocked by a new building next door. I’m just sayin’…..
I looked at the Toy Factory Lofts when they were first marketed and the issue of the lot line windows was immediately apparent to me, but I deal with zoning issues regularly. If the issue was mentioned in the offering plan, then shame on the buyers and their lawyers. If it wasn’t mentioned, a call to the aforementioned lawyers may be warranted.
That said, the statements by brooklyn G girl, Dora Chica and sixyearsandcounting don’t make any sense, at least to me. Avalon Bay bought a piece of property, which has a fixed height limit, and has designed a building consistent with the zoning resolution and the building code. How is it Avalon’s responsibility, at a cost to itself, to make up for the short-comings of a neighboring property, short-comings that might have been mitigated if the architect for the Toy Factory lofts had laid out a different floor plan?
Excellent example of one of these:
http://en.wikipedia.org/wiki/Spite_house
I beleve I remember this happening in midtown Manhattan on the west side when Trump was building a hi rise. I think the hi rise that he was building in front of sued him but I don’t remember the outcome.
This is what sucks the most about NYC building permits. This is where NYC building commissions/authorities have failed us the most
boo hiss on Avalon developers.
smyth hotel, corner of chambers and west bway in tribeca, flush up against north facing windows of single family building.
We recently bought a single-family. My kids’ rooms are completely on lot lines and there are no windows, but there are huge skylights that open for fresh air. We are going to put lot line windows in, and we feel pretty secure in the decision. The building to the west of us is new construction, and my daughter’s bedroom is next to their yard, so it’s unlikely that something will be built to obscure the window any time soon. It sucks for the folks who bought in this Toy Factory building.