Changing of the Guard at The Vermeil
After months of poor sales, the developer of the Vermeil and his in-house brokers (who had originally jumped ship from Brown Harris Stevens to take on this gig) have parted ways. Stepping into the breach: Corcoran. The listing hasn’t hit the Corco website yet, but the development’s home page shows that seven of the 22…
After months of poor sales, the developer of the Vermeil and his in-house brokers (who had originally jumped ship from Brown Harris Stevens to take on this gig) have parted ways. Stepping into the breach: Corcoran. The listing hasn’t hit the Corco website yet, but the development’s home page shows that seven of the 22 units listed as sold. The priciest apartment still available is a 1,758-square-foot penthouse for $1,850,000. We’ll see if the House That Babs Built can do the trick.
First Closing at The Vermeil [Brownstoner] GMAP
Condo of the Day: Price Cut at The Vermeil [Brownstoner]
Update on the Vermeil [Brownstoner]
*Vermeil, sometimes called silver gilt, is a combination of sterling silver, gold, and other precious metals.
I think given that the building sits on Sterling Place, the name is quite appropriate. And a helluva lot better than most building names I’ve seen.
BTW, those green stripes would come off in a power washing, so while I agree it might not have been the best design choice, it’s also not the end of the world.
This also is the site of the horrible 1960 plane crash, so I like to respect this corner for the history it provides.
SnarkSlope, I knew that was coming but I don’t think that was 11217’s point. I think s/he was pointing out that a slowed economy does not necessarily mean as severe a slowdown in retail as we might expect.
Oh, 11217. You seem to know quite a bit about this building. A whole lot.
By the way, don’t give Pintchik credit for the nice retail on those blocks. That stretch–with Hootie Coture, the new restaurant, Slope Heights realty and the little cafe is owned by a smaller landlord, a father-daughter team. They’re long-time neighborhood landlords, supportive of small business, and that’s why that block or two always has lots of cute little stores.
Pintchik, OTOH, owns the block with the Blockbuster. The buzz is that he wants to tear down those buildings and put in a big-box.
WonTon, what happened to your accent? 😉
Yes, by all means, let’s take our economic advice from Argentina.
For a new construction, I think it looks really nice. Not like so much of the fugly, craptastic architecture that seems to be sprouting up all over Brooklyn.
The copper facade on the Vermeil is already bleeding green rain stripes into the concrete. Stupid design.
I laugh everytime I walk past the building and see the name: VERMEIL. Who’d want to spend over a mil to live in a building named after faux gold-plate jewelry?
Answer: People too stupid to know what “vermeil” means!
“When we walked past there about two months ago, several bricks had fallen out of the facade. The problem has been fixed, but that, to me, does not bode well for the overall quality of the construction.”
Those bricks had not fallen out of the facade. A few were left out like that to put in an outdoor light fixture. It is now installed, although something larger would have been more appropriate for the scale of the building.