Mixed Results on Greene and Grand
There are a handful of buildings near the intersection of Grand and Greene in Clinton Hill that have come online in the past few months with wildly divergent levels of success. 318 Grand Avenue, which was divided into three three-bedroom condos, recently sold out after some minor price-cutting. Across the street, the five-story rental charging…
There are a handful of buildings near the intersection of Grand and Greene in Clinton Hill that have come online in the past few months with wildly divergent levels of success. 318 Grand Avenue, which was divided into three three-bedroom condos, recently sold out after some minor price-cutting. Across the street, the five-story rental charging upwards of $2,000 a month for a one-bedroom has been filled, we reported last month. Meanwhile, after failing to find a buyer, the developer of this heinous monstrosity, has been trying in vain for the last several weeks to find a couple of suckers to pay him some rent to no avail. Hah! And a little further east, at the Shoe Factory, we hear that sales are going more slowly than hoped, despite a fairly significant price cut. We’re a little surprised by that one.
I live around the corner in the Ping Pong building…that 1/2 sized thing is bizaare, with the Home Depot front door and all. It is a f’ing monstrosity. A couple of years ago, an architect acquaintance of mine almost bought that plot which I wish had happened because he would have done a lot better with the space, for sure.
While were at it, what’s the deal with that truly awful rental development on Classon between Clifton & Lafayette? These developers are destroying this neighborhood.
The upper duplex in the heinous monstrosity has been rented. The lower triplex I believe is still on the market. That huge front window (covered with plywood in the photo) is really bizarre — I was in there one evening showing it to some people (who actually liked it, except that the lower level only had a half bath and they wanted a full), and someone knocked on the window and asked me if I lived there. Really like living in a fishbowl — first purchase would have to be drapes or shades or blinds or something.
Who had 434 Waverly?
In addition to 318 Grand Avenue having a complete sell out so too did 434 Waverly Avenue.
Question, if you had a choice bewteen the lofts on Greene Ave and the cheaper ones at 970 Kent St which would you prefer? The quality and space at both are similar(would give the shoe factory a slight advantage) the views at Kent are wonderful,however, the Projects are right accross Dekalb Ave.
Hey hostile anonymous person. Thanx for helping me read. I had punched the letters O-U-T on my keyboard but until you gave me this helpful advice I had not a clue what that word meant. Just
heh tips: a contract out means absolutely nothing…it sounds good, but until the buyer returns it with the deposit and the seller signs, it might as well say AVAILABLE!!! we are not as stupid as you would like us to believe.
I think they are great deals too. Those are massive apartments. But they are selling. Looks like almost half are gone already. It’s not as if they are $300K studios… in a 100 unit building. There’s really only one or two of each unit.
They sure are big enough.