1,500 Rental Units for DoBro
It’s hardly news for anyone who’s been paying attention, but yesterday Crain’s took the time to point out that three new rental developments in Downtown Brooklyn are all hitting the market at roughly the same time: Avalon Fort Greene (left, 650 units), 80 Dekalb (center, 365 units) and The Brooklyner (right, 490 units); studios at…
It’s hardly news for anyone who’s been paying attention, but yesterday Crain’s took the time to point out that three new rental developments in Downtown Brooklyn are all hitting the market at roughly the same time: Avalon Fort Greene (left, 650 units), 80 Dekalb (center, 365 units) and The Brooklyner (right, 490 units); studios at all three places are expected to start at about $1,700 a month. (Free rent concessions, though, bring the cost down close to $1,300, which starts to look pretty attractive.) While one of the developers involves admits that she we have preferred a little less competition at the start, we’re not so sure the confluence of launches is such a bad thing. (The article also dangles the possibilities of the Forte and be@schermerhorn getting repositioned as rentals.) The biggest barrier to people deciding to rent in these new buildings in Downtown Brooklyn is the lack of a critical residential mass. With all three coming to market at the same time it’s a potential game-changer for the area. Now if one of these places could just get a gourmet market or decent restaurant to sign on, they’d be all set.
Get Ready, Brooklyn: Flood of Luxe Rentals [Crain’s]
Over Priced Rentals with no super market or shopping near by at all + you are neighbors with all the crappy Projects next door. WOW!? Now I call that a Great Hood Guys offering great incentives. Where is everyone going to shop etc.?
Check out the hood~More prey for the projects.
Over Priced Rentals with no super market or shopping near by at all + you are neighbors with all the crappy Projects next door. WOW!? Now I call that a Great Hood Guys offering great incentives. Where is everyone going to shop etc.?
Check out the hood~More prey for the projects.
You would be STUPID to rent at Avalon now.
Last week they were offering 200 off the rent PER MONTH if you signed a 18 month lease PLUS with 3 months RENT FREE and an extra 500 bucks if you submitted a application the day you came in. Effectively making your rent 1700 for a 1 bed. A price that was right where it should be.
I was told there are 30 units that closed on that price when they were looking for 10. They in turn rose the price back up thinking they undershot the market. My guess is that they will go back due to the upcoming competition.
They have done away with all those incentives and if you do rent at Avalon know that your neighbor is paying at least 500 less than you a month. Check weekly for deal changes and wait for another good one.
Good let them get the pizzerias that charge 5 dollars for a slice of pizza and 3 dollars for a cup of coffee.I don’t need junk food at hip prices
Mr. B is right — the first decent restaurant or cafe to open downtown is going to open the floodgates to the area changing.
these buildings seem to compete for a wall street renter i suppose against the financial district. it’s a non neighborhood although somewhat walking to BH or FG or dumbo. they will lower prices to compete. seems like a sad existence to live there.
“Ahead of the debate tonight between the two mayoral candidates, William Thompson received the backing of a law enforcement union which has backed Mayor Michael Bloomberg in the past two elections.” – NY1
Uh oh!
***Bill Thompson for Mayor***
Can you please answer me @ 4:14, fsrq?
***Bill Thompson for Mayor***
“the difference was less than one percentage point”
Case closed.
***Bill Thompson for Mayor***