Update on One Brooklyn Bridge Park
As of the end of last week, 100 units at One Brooklyn Bridge Park were in contract and another 25 were “pending,” according to Stribling’s lead broker on the deal, Jeffrey Stockwell. While the last couple of months hasn’t been exactly gangbusters (developer Robert Levine was trumpeting the 100 number back in August), brokers on…
As of the end of last week, 100 units at One Brooklyn Bridge Park were in contract and another 25 were “pending,” according to Stribling’s lead broker on the deal, Jeffrey Stockwell. While the last couple of months hasn’t been exactly gangbusters (developer Robert Levine was trumpeting the 100 number back in August), brokers on the project are looking to bonus season as the real test for appetite for this building. So what’s selling best? According to Stockwell, the cheapest and the most expensive units. That is, the ones facing the BQE and the penthouses with the killer Manhattan views. (The $7,750,00, 4,600-square-foot triplex penthouse is now spoken for.) Also of note: Demolition of the warehouses on the pier is reportedly set to begin by the end of the month; the contractors are already setting up shop in a nearby building.
360 Furman Street Listings [Stribling] GMAP
One BBP: 100 Contracts in 100 Days [Brownstoner]
Use Caution when purchasing at One Brooklyn
We purchased a unit that should not have been sold due to water damage issues. The exterior of the wall has water leaking in and have ruined floors, wall, other apartments
-water damage. And after 5 months they still are ‘probing’ to figure out how to fix this. It’s been put on the back burner so they could SELL MORE UNITS.
We purchased in January. It’s now July. We are not in our unit yet and I am expecting a child next month (reason for moving to a larger apt)- however we are in a default smaller unit waiting to move into ours. It’s chaos. I have been robbed of my mother to be duties.
Can’t prepare for a cozy lifestyle for my new child.
I am beyond frustrated with RAL and how slowly they have handled this serious issue that
will affect the building as a whole.
i looked at apt and am considering…actually the walk right up joralemen – it’s about 10 mins, no need to connect to montague
Doesn’t anyone realize that the “views” to the south/South east facing units will be looking into the bedrooms of the two new residential towers to be built? Gotta limit desire to pay these $/ft prices. Plus the BQE rebuild that is planned to take a noisy and dirty 20 years starting next year (see DOT site). Plus no access to subways because they can’t seem to prioritize building a bridge to Montague Street. Dead zone for living but great zone for recreational sports and park.
Can you re-post that link? IT’s cut off and want to read the article.
I looked at apt’s in the building and thought they were really nice. Especially when compared to Manhattan prices. I was told that estimated move in for the brooklyn side was in Feb/Mar- is there any way to check this?
And the doomsayers are proved… wrong. the park is happening. First shovel in the ground = 75% + units at one BBP will be sold (at higher prices).
http://www.nydailynews.com/ny_local/brooklyn/2007/11/26/2007-11-26_state_stalled_on_bridge_park_new_leader_.html
Is the final color really going to be grey? Seems to match the prison-like windows (landmarked) which interrupt the views…
Anyone who uses the phrase “value proposition” deserves a unit smack across from the BQE
Transport – 8-10 min walk to Clark St or Borough Hall, then 1-2 stops to lower Manhattan where Goldman Sachs are building new HQ and of course WTC complex under construction, plus easy access to BQE, Brooklyn Battery Tunnel with water taxi promised…
Schools – Packer and St Anns a short walk, Brooklyn Friends and PS 8 a longer one
Grocery – odds on there will be something in the building but in addition Fairway is a straight shot down Furman/Columbia/Van Brunt, and the lobby will be equipped to accept deliveries from Staubitz or Fish Tales on Court St, FreshDirect, etc. And of course the fabulous Sahadi is close by
Parking – street parking isn’t an option but is for those with an increasingly patient temperament, so here you can rent a spot or buy one (not cheap but then you can self park) right in the building and not worry that you’ll be left high and dry later by your local lot going condo (Love Lane gone, State St likely to follow at some point)
Park – evidence that construction has started will I think be the kicker for sales since the naysayers “they’ve been about to start since I was a kid” caption will finally start to sound a little hollow…
Units – buy the right one and you have beautiful views pre-park that are fully protected ad infinitum, short of the doom mongers scenario of “NYC being wiped out by global warming” or the harbor being built in… And there are plenty of family-friendly 3-4 bedroom units for those who aren’t cut out for brownstone living…
You don’t get close to this value proposition in Manhattan or Brooklyn Heights for the same $/sq ft, which is why we made the leap of faith and pulled the trigger on a unit
Really, where in brooklyn heights? Sure you know your neighborhoods pal?