pencil-factory-050710.jpg
The Pencil Factory’s had a tough last year, what with the default by the owner and the work stoppage. All hope is not lost, though. Curbed notes that the condo listings popped back up on the radar screen late last month with a pricing makeover. For example, a 1,280-square-foot two-bedroom pad that used to be $732,000 is now $659,000. That’s approaching the $500 a foot mark. Not bad at all. These should sell at those levels, we’d think.
Pencil Factory Sharpened for Clearance Sale [Curbed]
Scaffolding Down at Greenpoint’s Pencil Factory [Brownstoner]
Singer Defaults on Pencil Factory Loan [Brownstoner] GMAP
Greenpoint’s Pencil Factory Shut Down [Brownstoner]


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  1. I say the same thing, because every single new development layout we see “IS” the same thing.
    Doesn’t anyone have an imagination anymore.

    It is also because the builders are cheap.
    Why make 3 seperate rooms when you can combine 2 together, thus giving more space for another apartment.

    Oh well, I will maybe promise not to say it again, I know it is repetetive, but it just makes me crazy.

  2. i like the website. think it’s got good info about the neighborhood too. the apartments are probably standard new construction stuff, but terraces and prices are good. believe that it’s a good opportunity for a family to get into a really family friendly hood and be in a great school district.
    g to midtown, or b62 to either L or JMZ.

    i’ll spare you people my usual blather about greenpoint, but i really do like this area a great deal and think that greenpoint here is fantastic.

  3. haha WBer – I had a similar experience when looking for rentals in Greenpoint. Called about two apartments in “Prime Greenpoint” and turns out one was on Clay St and the other was on Apollo. Agreed – Kent St isn’t that bad.

  4. DH: Reminds me of my favorite real estate brokerbabble from when we were looking for a house (in 2000). I called Ula’s Real Estate to ask where a property was, and the broker told me it didn’t matter because “Everywhere in Greenpoint is desirable”. We begged to differ.

    (This isn’t even that far north (Kent Street), though it is all the way west.)

  5. “Can’t they design anything better than the freaking kitchen in with the Living Room.”

    You say the same thing all the time. Some people like kitchens that open onto the living room because it’s better for entertaining.

    If I bought an apt with a seperate kitchen – i’d make the seller include a sledge hammer – cuz those walls are coming down!

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