Sales Begin at Greenwood Plaza
Our post about Bay Ridgers feeling invaded by condo development made some Greenwood Heights residents shake their heads knowingly, as the South Slope and GH have seen their own condo boom. Here’s an example: 184 21st Street, aka Greenwood Plaza, went on sale last month. The building has 22 residential units, one commercial unit and…
Our post about Bay Ridgers feeling invaded by condo development made some Greenwood Heights residents shake their heads knowingly, as the South Slope and GH have seen their own condo boom. Here’s an example: 184 21st Street, aka Greenwood Plaza, went on sale last month. The building has 22 residential units, one commercial unit and four parking spots (handy as there’s a school across the street, where double parking during pickup and drop-off times is common). Twenty-one units are one-bedrooms from $395,000 to $819,000; they’re 581 to 1,100 square feet and have “outdoor garden spaces as large as 1,125 square feet” according to a press release. On top is the penthouse: 1,900-square-foot two-bedroom, one-and-a-half bathroom, duplex, asking $1.5 million. Here’s the description of the insides: “Hardwood oak floors, oversized windows and balconies boasting spectacular views of the NY Harbor and Statue of Liberty,” plus “common roof deck, private storage and bike storage in the basement as well as video security systems.” It’s certainly an up-and-coming area; think there’s any chance they’ll get the penthouse asking price? The project is marketed by Bond New York.
Pole, do you really think there is a housing shortage in this city today (or will be over the next couple of years)? – serious question.
WOW…with those prices, you’d think the neighborhood already up’ed and came’d.
you can get something at Toren with similar square footage plus awesome views for 1.3 million. why in the world would anyone pay 1.5 way out there? it’s ridiculous.
TownhouseLady:
Thanks to oppressive zoning laws amongst other government interventions in the market, there is a housing shortage in this city and has been since the 1960s. When people are desperate for housing, they will take anything that functions and a domicile.
Perhaps someday we will return to the good old days when developers actually had to compete for tenants and/or buyers. I can dream.
This is ugly as sin. It’s like the strip mall of condos. The only thing those daft little balconies do is give the residents a place to shove all of their unwanted crap.
I hope they sit vacant so as to discourage developers from building these hideous concrete monstrosities.
I see this building having the same fate as the much better looking one a few blocks north (4th and 19th) – rentals!
1.5? Talk about being a few years late on that gravy train.
“It’s certainly an up-and-coming area; think there’s any chance they’ll get the penthouse asking price?”
Ah, come on, you know full well there’s no way. Every time they build one of these, an angel gets its wings ripped off and stuffed down its throat.
actually prices start at 334000 according to the website. they are ugly. make them under 300k and maybe they sell.
Mmmmmmmm….cemetaries.