Brooklyn Can Finally Get Down With OPP
Starting this week, Brooklynites will have a chance to visit the sales office for On Prospect Park right here in Brooklyn. The development, which has been on the market since October 2006, has only had a sales center in Tribeca, but there’s now going to be one on-site at the Richard-Meier designed condo, according to…
Starting this week, Brooklynites will have a chance to visit the sales office for On Prospect Park right here in Brooklyn. The development, which has been on the market since October 2006, has only had a sales center in Tribeca, but there’s now going to be one on-site at the Richard-Meier designed condo, according to Mario Procida, a principal of SDS Procida Development Group, which is developing On Prospect Park along with Gordon Group Holdings. The building is about 40 percent sold, says Procida. “I’d like to tell you that we were all sold out, but that wouldn’t be true,” he says. “Sales haven’t been spectacular, but they’ve been good, and we’re pretty happy with them.” Procida says the development is more or less “hitting its numbers,” sales-wise. The condo is still under construction and should be ready for move-ins this fall. There’s been quite a bit of demand for bigger units at the development, and Procida says a few buyers have purchased multiple units in order to combine them; his team has also combined some units to give prospective buyers larger layouts. “We started out with about 114 units and now we have around 100,” he says. Procida says he thinks OPP sales will pick up with the on-site sales office and because the building is near completion. “People are looking for more immediate product,” he says. According to StreetEasy’s OPP page, the priciest listing in contract is a $3 million, 2,470-square-foot two-bedroom and the most expensive unsold unit is a 3,408-square-foot four-bedroom duplex penthouse.
On Prospect Park Listings [Corcoran]
More Mega-Units at Meier’s OPP [Brownstoner] GMAP
Using Meier to Sell Brooklyn to Manhattanites [Brownstoner]
Wide Price Per Square Foot Range at OPP [Brownstoner]
jerri – sales office in dubai b/c lots of cash there to spend on units in the building. dubai money coming into US b/c weak dollar, oversold investment opportunities. you totally missed the point of my reference – the amount of money being spent in dubai is not relevant, the amount of money being spent from dubai is. anyway, it was intended as a joke.
FYI: This place is OCL or On Crazy Lane (aka St. John’s Place). Known for some random gun play from time to time. Will be interesting to see how affluent families react to this and suddenly realize that OPP in not the oasis that assumed it would be.
You are correct, 1:55. It was the women who worked in the hotels, restaurants, spas and shops that were mostly of east asian heritage.
When I was there, we had a car and driver, stayed in a 5 star hotel and the heat was STILL too unbearable to function.
I really didn’t enjoy my stay there watching those workmen out during all hours (even at 3am on a Friday night) suffering in that climate and situation. The entire city is run on slave labor. It was a depressing place for me to visit.
Fantastic to see another culture and all of the great architectural marvels, as well as meet very interesting people, but really sad to see the rest of what is behind the scenes.
Made me appreciate being from a truly free country.
BTW: Nice “Naughty by Nature” reference.
A while ago it was a DeLaSol “Pot Holes In My Lawn” reference for Columbia St construction, now this.
Yep, you’re in your late 30s.
All The Way to Heaven with the Class of ’87!
Jerri, you forgot to mention the blue full lenght jackets and pants the construction workers must wear while working in 130 degree weather. Although, I found the majority of the workers to be of Indian/Pakistani descent.
Jerri, you forgot to mention the blue full lenght jackets and pants the construction workers must wear while working in 130 degree weather. Although, I found the majority of the workers to be of Indian/Pakistani descent.
I’m not sure how much they purchased the land for or how much the building is costing to build, but according to my calculations, they have sold $41,675,700 worth of condos so far.
I’m not so sure they aren’t far away from beginning to turn a profit, even with only 40% sold thus far.
That’s a lot of dough.
You ever been to Dubai, Brooklynlove?
I have.
Nothing wrong with it, I guess…especially if you enjoy having your home built by slave labor from Indonesia.
So tired of the Dubai comparisons. Go check it out and then report back to me how wonderful it is.
There are about 50 highrises (AT LEAST!) in Dubai sitting 60-70% EMPTY right now. But they keep building away. Why not, when you are paying someone 5 bucks a week and putting them 4 to an UNairconditioned room.
Dubai is a tourist destination. Nothing more. No one actually wants to live there full-time, if at all. They want to make money off it.
they should’ve relocated the sales office to dubai. not looking good sales wise …
I agree Biff. For all intents and purposes, it’s on the park. Get a life, 12:40.