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We’ve always been a little surprised at what a tough time 505 Court Street in Carroll Gardens has had in the market. Despite being the highest-profile loft conversion in a hot neighborhood, the building had a tough time moving units when it went condo back in 2005; a year later, in the summer of 2006, the building zigged to rentals before zagging back to condos that fall. Streeteasy shows ten units currently for sale, including this top-floor duplex asking $679,000, down from $715,000. Have some of the problems that initially caused problems been dealt with? Any current residents care to chime in about their experience in the building?
505 Court Street [Corcoranl] GMAP P*Shark


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  1. I love it here.

    We did some renovations and fixed the floor in a couple spots. I can hear the train when the window is open but NO NOISE what so ever from the street, neighbors, whatever when the windows are closed. The sense of peace and quiet is wonderful. There is the same amount of dirt and dust as there is on a brownstones windowsill in Park Slope.

    The staff is great and friendly and the building and courtyard are full of young families. The Neighborhood is great and getting better. Gowanus is filling with music venues and hip work shops, restaurants and shops from Court and Smith streets are creeping this way VERY quickly.

    There is a new wine shop across the street, a new Frankies cafe is opening 3 blocks away , a gourmet two store front sized food shop is opening on that same block in the next weeks, a restaurant is opening across the street in the next few months, etc, etc, etc, etc.

    I have a loft with 12 foot ceilings in a doorman building in Carroll Gardens 2 blocks from the F train that I got at a great price… What more is there?

    Oh yeah – the haters will be bidding against each other for my unit when I sell in 5 years….

  2. You’re right that I didn’t know about the more extravagant plan that you reference. I was thinking about this plan as covered by Brownstoner:

    http://bstoner.wpengine.com/brownstoner/archives/2007/04/housing_over_th.php

    Here is an article from 1996 on what you are talking about. I still say it is a fantasy:

    http://www.nydailynews.com/archives/ny_local/1996/08/21/1996-08-21_a_tunnel_to_bury_gowanus_ill.html

    An update and another proposal:

    http://gothamist.com/2008/01/06/new_plan_for_ge.php#comments

  3. Carol Gardens is often misinformed. Just for the record, there are many articles and studies about burying the BQE through Sunset Park to the tunnel entrance. Here is but one link:

    http://gothamist.com/2006/05/04/gowanus_express.php

    The DOT has a huge document studying all of the alternatives.

    As far as I know north of the tunnel is an afterthought, especially as it enters Brooklyn Heights where the neighborhood proposed it as opposed to the DOT.

  4. The “bury the BQE” idea is a notion, not a plan, as of now. And the part of the BQE they are talking about (starting at Atlantic parallel to Hicks) won’t help this building.

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