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canvas-interior-0408.jpgSales launched only a few weeks ago but already 4 out of the 15 units at the Canvas Condos at 118 Greenpoint Avenue have accepted offers on them. Frankly, we’re not surprised. This is one of the nicer boutique projects we’ve seen in a while. With prices ranging from $359,000 to $699,000, it’s well priced for the Greenpoint buyer. The location ain’t too shabby either (assuming North Brooklyn is your thing). Hopefully this’ll send a message to developers that a tasteful conversion of an old building can still sell in this market. Stop the unnecessary teardowns!
118 Greenpoint Avenue Listings [Aptsandlofts] GMAP P*Shark


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  1. Please, Brownstoner, tasteful conversions of old buildings have sold in any market. And often they sell better than new construction. The reason developers do unnecessary teardowns is not because they can’t sell conversions of old buildings, but because they want to build higher, to have more units to sell, to earn a higher profit. And unless landmarking and zoning laws prevent them, they will keep doing it. It’s the capitalist way.

  2. Greenpoint does get the occasional stench, but it always seems to be worst when the wind’s blowing east. What’s across the river in Manhattan that’s so rank? It’s got to be pretty fierce to compete with the sewage plant and the Newtown Creek…

    And speaking of stink, I think this is the first Scarano building I’ve ever seen that actually fit the location. It’s unsettling.

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