All Is Revealed at Avalon Fort Greene
Avalon Fort Greene, the 650-unit rental building we’ve been tracking since it was a hole in the ground, must be getting close to launch because its listings just hit the web; you can check out the developer’s website for layouts and pricing or StreetEasy for some photos of the model apartment. Pricing starts at just…
Avalon Fort Greene, the 650-unit rental building we’ve been tracking since it was a hole in the ground, must be getting close to launch because its listings just hit the web; you can check out the developer’s website for layouts and pricing or StreetEasy for some photos of the model apartment. Pricing starts at just under $2,000 for studios and goes up to over $5,000 a month for three-bedrooms.
Avalon Fort Greene Coverage [Brownstoner] GMAP
All those rental units were making me a little nervous about the effect on Brownstone rentals. I think they will have a negative effect, because in the end I don’t think the highrise owners will get those prices and they will need to come down in order to fill the new buildings up. The selling points of renting in an old brownstone would include hopefully an attractive, charming space, living on pretty human scale streets with beautiful architecture, a sense of neighborhood and history. The “intimacy” of living in a 2 or 3 family house can be comfortable and peaceful if the place is well maintained and the landlord takes care of things and leaves the tenants alone (me). But there are hassles about these old buildings, i.e. the fact that they are old buildings and “it’s always something”. Landlords will need to work a little harder to keep their good tenants.
All those rental units were making me a little nervous about the effect on Brownstone rentals. I think they will have a negative effect, because in the end I don’t think the highrise owners will get those prices and they will need to come down in order to fill the new buildings up. The selling points of renting in an old brownstone would include hopefully an attractive, charming space, living on pretty human scale streets with beautiful architecture, a sense of neighborhood and history. The “intimacy” of living in a 2 or 3 family house can be comfortable and peaceful if the place is well maintained and the landlord takes care of things and leaves the tenants alone (me). But there are hassles about these old buildings, i.e. the fact that they are old buildings and “it’s always something”. Landlords will need to work a little harder to keep their good tenants.
WOW, it’s a great area… Have you ever walked around there? It’s scary!!! You better plan a hefty budget for many cab ride home. And it’s so lovely next to Flatbush Ave and the Manhattan bridge entrance, I love it. Only 10 miles to the closest subway…
I read an article ages ago about some partiers with a cooler who offered free beer after midnight to anyone in the last car of the G-train.
This building does not even have a freakin pool!
45 Wall Street sucks. I would take almost anything in arguably prime Brooklyn over a rental on Wall Street.
“45 Wall Street isn’t a bad location, not very neighborhoodie, but at least you’re nowhere near the Ingersol or Walt Witman housing projects. ”
45 Wall St is a depressing ass buildling. NO natural light, town cars for Deutsche Bank employees honking and idling all night. Give me projects anyday.
Pete why would I do that when I can just short there stock?
ok- you guys know rental market so much better than the marketing people at Avalon. Especially for these type highrise new construction buildings. WHy I’m surprised you don’t send them your resume and replace those bums.