Condo of the Day: 50 Bridge Street
Even though 50 Bridge Street is on the wrong side of the tracks (in terms of property values), $600 a foot is still mighty low for Dumbo. Granted the layout is kinda long and skinny and it has a rental-caliber kitchen, but $699,000 for 1,164 square feet is eye-catching, especially given the combined monthly charges…
Even though 50 Bridge Street is on the wrong side of the tracks (in terms of property values), $600 a foot is still mighty low for Dumbo. Granted the layout is kinda long and skinny and it has a rental-caliber kitchen, but $699,000 for 1,164 square feet is eye-catching, especially given the combined monthly charges of just $286. Unfortunately we can’t find any comps for this building. Are any readers familiar with it?
50 Bridge Street [Century21] GMAP P*Shark
Guttman – oh dear. That man should be run out of town like Scarano nearly has been.
the last couple of commenters are right. I saw a unit in this building a few months ago and the broker straight up told me that half of the building was engaged in a lawsuit with the developer, over water and roof leakages, or something to the like. just sounded like a situation you wanted to stay away from. also the light in the building wasn’t great.
and while this is technically probably vinegar hill, it’s not as far from main dumbo as you’d think. In fact, it’s probably closer to the F train than a lot of other developments in the neighborhood.
This building is a nightmare—I know (sane) people who live in it, and there have been major structural problems from the beginning—all sorts of sub-par building, countless ongoing lawsuits. Guttman seems to be a truly immoral man.
Guttman. For shame.
I think there is a big lawsuit against the sponsor in this building.
Just becuase its in “dumbo historic district” doesn’t make it Dumbo. Dumbo is a neologism comapred to Vinegar Hill.
To clarify, the Dumbo Historic District LPC map (PDF: http://www.nyc.gov/html/lpc/downloads/pdf/maps/DUMBO_map.pdf) shows that the buildings on the West on Bridge Street are in the boundaries, which includes 50 Bridge Street.
According to the NYTimes Bridge street is the border:
Q. How did the waterfront area in Brooklyn known as Vinegar Hill come by its piquant name?
A. John Jackson, a speculator, purchased a large tract of land on Wallabout Bay from the Sands brothers in 1800. Hoping to attract Irish immigrants, Mr. Jackson named a small part of it Vinegar Hill after the site of a fierce battle in the Irish rebellion of 1798, where insurgents were defeated on a hill near Enniscorthy in County Wexford. In Ireland, the name ”Vinegar Hill” was an English homonym for a Gaelic term meaning ”hill of the wood of the berries.”
The cobblestoned Brooklyn neighborhood, bounded by Sands Street to the south, the old Brooklyn Navy Yard to the east, Bridge Street to the west and the East River, was also known in the 19th century as Irish Town. DANIEL B. SCHNEIDER
My 1940s guide has this as Vinegar Hill