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How much is one of the nicest terraces in Brooklyn worth? This three-bedroom listing on the 21st floor of One Hanson Place will answer that. As far as we can tell, the outdoor space (of which there is 1,000 square feet) is being priced at about the same level as the indoor space (about 2,500 square feet). The asking price is $3,200,000. Some other apartments on lower floors have been selling for around $800 a foot, which would imply that the indoor space here is worth only $2,000,000 and, by extension, that the outdoor space is accounting for $1,200,000 of the asking price. If one is more generous and says that the indoor space is worth $1,000 a foot because of the high floor, then that lowers the terrace’s implied price tag to $700,000, or $700 a foot. There’s an open house tomorrow from 12 to 1 p.m. for lunchtime gawkers.
One Hanson Place, #21GF [Stribling] GMAP


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  1. We looked at apartments at 1 Hanson today. High floor. Yes, the views and the terraces are nice.
    The problem is that they took a magnificent pre-war landmark building and turned (or should I say churned) the interior spaces into cheaply constructed dime-a-dozen cookie cutter NYC condos. There is nothing new or “fancy” here. The interior walls are thin, the interior doors and (especially) closet doors are made of cheap materials, etc.
    I wonder why so many New Yorkers fall for this and pay so much for bad quality.

    The worst thing is what I call ‘the “kitchen” scam’. My pet peeve. The kitchens in today’s new condo apartments are nothing more than glorified Pullman kitchens. They (developers and the brokers) call them “open kitchens” and are trying to manipulate you, one way or another, into believing that this is great. Ooh, so spacious, right?

    But if you step back and really look at it, the truth is that there is no kitchen. – Or, alternately, there is no living room. Your kitchen is in your living room!
    If you stand there – and in your mind, build a wall between the kitchen and the living room /dining room space, you will see how tiny each of those spaces become.
    Still feel like paying the obnoxious prices they are asking?

    Most of these “fancy” condo “kitchens” do not even have a window -and many of them do not vent out! (The apartments we looked at certainly did not).
    Guess where the cooking smell and smoke goes? Or should I say stays?
    (They do have a “vent hood” but the brokers won’t volunteer the info that they do not vent out. And the other kind just does not work well enough – they are there just for the looks – or maybe to fool you into thinking you have ventilation in your non-windowed kitchen?).

    The dark wooden floor? Every condo seems to have the exactly same floors. Yawn!
    At least the bathrooms at Hanson Place were pretty ok, except for the bathtubs. Tiny. High prices, tiny tubs. Really silly.

  2. I live at 1 Hanson Place on one of the higher floors and can share my personal experience regarding the whole wind thing. I keep my windows open most of the time as there is always a very nice cool breeze coming in at this height (I have had to use the A/C units very little so far), but I can imagine that the wind may be a problem on a terrace (even so, I wouldn’t mind having one in all honesty). I have recently been to a lunch on a penthouse condo in the upper east side and it was super nice, but having an umbrella or anything like that would not have been possible, and the people living there said that was the case a lot of the time even when the days are very nice like the one when I happened to visit.
    As far as the rest, I have to say I am very happy with my investment (hugely biased opinion obviously). My apartment is close to the elevators and I don’t hear a thing. Construction is going on around me and the noise levels are minimal. There is some traffic noise during the rush hours when everyone is driving along as if their horns were gas pedals but that has been my experience in Manhattan as well. I can’t wait for the common terrace to open, I think it will be very nice to be able to go up and enjoy the scenery every once in a while.
    Like most things in life, I would simply say about One Hanson Place what I tell people about my iPhone – “it isn’t perfect, but it is perfect for me”.
    The good news is that there are a zillion other options out there to fit everyone’s taste and budgets. 🙂

  3. Like I said, yesterday I was on top of 1 Bryant. No wind. Here’s a pic of two welders hanging off the edge, except one appears to be sleeping. 55 stories up.

    http://www.pbase.com/dentontay/image/98115167

    Wind on those 6 story high decks that everyone talks about is caused by the wind funneling effect on the ground from surrounding buildings. This one is high enuf. I’ll take it. With a million dollar price chop.

  4. OK, I must chime in about the wind. We just sold our apt that has a roof deck and I must say, as much as it was lovely on the occasional perfect summer night, or the 4th of July, it was indeed windy, and hot during the day – and the problem is, it was too windy to do anything about the heat – we tried lots of umbrellas, sails, etc but they always were knocked over by wind, and we literally feared for people’s safety that something would blow off the roof. Doesn’t mean it’s not great some of the time, but we did not use quite as much as we hoped/planned. On the other hand, friends with gardens complain about the mosquitoes, so maybe there’s no perfect NYC outdoor space…

  5. 7:05… “At 200 lbs, I have nearly been blown over on Hanson Place.”
    The fact that you’ve nearly been blown over on Hanson Place has nothing to do with this thread. Please stay on topic.

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