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The 14-unit, Scarano-designed development at 433 Warren Street in Boerum Hill has been on the market since October but thus far just one apartment is in contract and another three have just received price cuts. (This penthouse with mezzanine, for example, was just reduced from $465,000 to $397,000; this two-bedroom on the third floor went from $649,000 to $598,000.) Think this will have the desired effect?
433 Warren Street Listings [Douglas Elliman] GMAP DOB
Condos of the Day: 433 Warren Street [Brownstoner]
Development Watch: 431 Warren Street [Brownstoner]


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  1. While I won’t defend the horrible Scarano building, as a resident of said block I feel I do need to defend my neighborhood.

    No one loves the projects, but they’ve never given me any trouble. My wife and I walk through them all the time, at all hours of the day and night, and no one’s ever given us the least bit of trouble. I haven’t heard the gunshots that some people have (maybe I sleep too soundly), and I won’t claim there’s never any trouble in the projects, but all these scaremongers get on my nerves. It’s a lovely block, with wonderful people living on it, and a fully functional building, Scarano-built or otherwise, can only help improve the area.

    And hey, having a brand-new shiny building next to the Vargas mini-mart will probably be the best thing to scare those “sketchy” types away. Maybe they’ll head for the Slope?

  2. All of these projects are very rough, they were built at a time when society had lost all hope in the inner cities and were ready to hand them over to the underclass lock stock and barrel. The irony is that today really affluent people are buying super expensive homes right near these terrible highrise reservations. it is like the 1960’s and the 2000’s on a weird collision course. I have no idea how this will turn out. However as a historian I am not optimistic about human beings’ abiities to tolerate each other and get along.

  3. Rental rhymes with Schmental and these two bedrooms will fetch $2,500 a month from a revolving door of young turks who think it is sweet/cool/badass to be living that close to sketch city. They’ll tell themselves “It’s got the best access to trains!” until they get their heads kicked in one night stumbling home from Boat.

  4. 3:56 – I lived on the upper east side in 70s and 80s and you may not have heard shots but you were guaranteed to have your car broken in to if you parked it overnight on the street. And people were mugged ALL the time. I never hear of people getting mugged in this area.

    Not saying the price is right – I bet it will come down a lot.

  5. “Compared to most other projects. The absolute worst that I know in the areas we discuss are the Farragut houses, the Wickoff project are almost as bad. They tie for second with the Red Hook Houses.”

    Why aren’t we hearing daily tales about Boerum Hill (and Lower East Side and Harlem) brownstone residents being carried off by marauding project dwellers to be raped, robbed and killed? There are projects close to all of those areas. I’m not saying housing projects are safe – some are not, compared with other areas, but some are relatively peaceful. Just because a place is near a project doesn’t nearby resident must invariably live in fear. There are shootings all over the city – should we all walk around with our heads ducked? When you say the projects are “pretty bad,” how do you know? Have you ever been in a project? Or were you simply attacked by a project dweller? Just what sort of information are you basing your opinion on?

  6. Compared to what?

    Compared to most other projects. The absolute worst that I know in the areas we discuss are the Farragut houses, the Wickoff project are almost as bad. They tie for second with the Red Hook Houses.
    You are reading from a resident about gun shots at night for pete’s sake, Really like the upper east side alright.

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