One Hanson's Crown Jewels Heading to Auction
The Wall Street Journal brings word that the last six penthouses at One Hanson Place are set to be auctioned off next month. Maria L. Stamolis, a managing director at Canyon-Johnson Urban Funds, which developed the condo along with the Dermot Co., says the firm is ready to move on to other projects, and there’s…
The Wall Street Journal brings word that the last six penthouses at One Hanson Place are set to be auctioned off next month. Maria L. Stamolis, a managing director at Canyon-Johnson Urban Funds, which developed the condo along with the Dermot Co., says the firm is ready to move on to other projects, and there’s “no reason not to find market-clearing prices and sell these apartments.” Details on the units hitting the block: Five take up full floors, while the sixth is a duplex; the auction company is saying that at least two of them won’t require minimum bids. The story also notes that a few years ago, prices on them were initially set between $3.7 million and nearly $5.8 million but, for example, a four-bedroom with a 2,900-square-foot terrace was last listed for $3.45 million.
Brooklyn Penthouse Units Slated for Auction [WSJ]
There is no way that I would be a unit in a landmarked building of this size.
Way too many maintenance variables.
A real estate broker told me that one of the reasons that the developers are getting out is that the facacde is very fragile, intricate, landmarked, and insanely expensive to maintain.
Maintenance costs are going to go up a lot in this building.
I’ve been to these apartments on several occasions, before, during, and after renovations. They’re absolutely gorgeous.
and having the Flea in your lobby every weekend would get old pretty fast…..
Believe it or not, the outdoor space was sort of strange, the views were compromised on those that had it (big metal, corrugated boxes covering loud mechanicals etc), and it was windy and utterly terrifying. Couldn’t get past the idea of a drunken fall from a guest, or a kid playing too rough, or a suicide up there. Brrrrrr…
That said, for the NON-outdoor apartments, this is interesting. I’m still not sure about walking out your front door into the Atlantic MAll, and just being right there, smack in the middle of Flatbush and Atlantic, but the places up top really are special. The views are unbelievable.
I’d love to have an outdoor area with a view like that, but would not want to pay for it.
In addition, I suspect that much of the time it is so windy that you could not stand to be out for long.
yea mom I bought the penthouse but I can hear the high heels of the woan living above me.
One penthouse, 4 penultimate penthouses.
“I just adore a penthouse view! Dahling, I love you, but give me Atlantic Avenue!”
me too, DH, i’d give it no longer than a week before accidently falling off or someone throwing me off
*rob*