Set Speed Condo Report: 364 Myrtle Avenue
Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the…

Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the others.
The site consists of one commercial condo and three large floor-thru duplex condominium units. The ground floor commercial unit measures in at just under 2000 square feet for $994K, while the other three units are 1533-1688 square feet and cost $877K, $890K and $919K. The residential units have 3 bedrooms and 2 bathrooms. Maintenance is about $260 a month.
Units feature 17 foot high ceilings, large gourmet kitchens with stainless steel appliances, en-suite bathrooms, spacious closets and laundry hook-ups. This condo is located close to many amenities, like supermarkets, restaurants, bars and hardware stores. But as last week’s two shootings attest, the area still contains some rough spots. An open house is scheduled March 26 from 12:30 to 3:30pm.
364 Myrtle Avenue [Corcoran] GMAP
New Building on Myrtle [Brownstoner]
Every Thursday, ltjbukem, whose own blog Set Speed scrutinizes the progress and quality of new developments in the area we know as Brownstone Brooklyn, pens a guest post about goings-on in the condo market with an emphasis on new projects.
To anon 2:16,
Race was also mentioned in anon 2:04 and 2:05.
It will be interesting to see how these condos are received on Myrtle.
Will those that can afford these be ok with living on a commercial strip – especially one that isn’t known for its beauty.
The extra noise of avenue, not a place where you can send kids out to sidewalk to play with nextdoor neighbors, etc.
Let’s see if the dramatic space and relatively decent per sq ft. price will get them.
Can’t we all just get along?
Why is talk of eradicating projects considered “racist”. Its a failed system, point blank. And free housing should not be located on some of the boroughs most prime property. Its really quite simple. If these projects were producing great results, or improving the lives of its residents, it would be one thing. But last I checked, the vast majority end up in this horrible cycle. HIV, illiteracy, teenage pregnancy, etc, are NOT falling in the projects. Check your facts before you slam people for wanting to end a failed system. Last time I checked, this was not a communist nation- and free housing- no matter what the color of the residents is- shouldn’t be on the waterfront.
why “lucky for them”? is that some implicit threat of violence…why the assumption too of racism? are you assuming that only white people don’t like the residents of the projects? that’s right no african-american could have written that because we’re all so enlightened at not racist in the least
wow. this is some crazy stupid mudslinging.
this discussion about the projects doesn’t really pit new gentrifiers (who don’t like projects) against longtime locals (who do)– I think most people who study urban housing agree that projects don’t work well for the people who live in them, nor do they benefit the surrounding areas (as anon 1:37 said). so both sides should be able to agree on that much at least.
then the question is- what would be a better solution? And locals & gentrifiers may disagree somewhat about that, but I don’t think there are too many people who read this site who’d want to literally just make this area unaffordable to the people who currently live in the projects.
We need to mix in some decent affordable housing, to make a better alternative…
Okay, folks time to back away from the keyboards. First of all when the projects were built they were not designed to be “low income” housing but were thought of as a way to get people out of tenements and provide new modern housing for working class folks. Many of them had great amenities like dry cleaners, supermarkets, movie theaters, etc. (Albany Projects has a swimming pool). Vestiges of this can be seen in the one story structures located right in front of the projects on Myrtle Avenue. Some also had community centers, child care centers or schools within the boundaries.
The reason that they developed into the ghettos you see today has to do with the economic and social changes that occurred in New York between the end of WWII and the early 70’s. In Ingersoll and Whitman, many people left as jobs left the Navy Yard. As Brooklyn began to change in the 50’s and 60’s and become blacker and browner, so did the projects. As the fiscal crisis hit the city, all services, especially those delivered to the poorest started to erode and folks found themselves living in communities that were vastly unlike the reality of the projects twenty years prior. People who could leave did leave, and those left behind became victims of the cycle of poverty and drugs that has been synonymous with living in the projects since the 70’s.
Yes, its prime real estate, but those projects are also the homes of many folks who’ve lived in this community through all the bad times. Do projects work? Clearly, most of those in NYC have not. However, I’d submit that the best way to deal with housing for the poor is to integrate it throughout the city. Build more townhouse style projects and design them for a range of folks from welfare recipients to those making less than $100k per year. But to say “Well this is waterfront property so kick those lazy poor folks out†is wrong. Those folks are here because they lived here when no one else would. We all need to deal with that.
huh? I believe the only time race has been mentioned in this thread was by anon 1:40 who seems to share your sympathies.
Why is everyone so quick to jump on the racism accusation? Kindly point to any of the above posts that mentioned a specific race and then we can talk. People are taking issue with behavior, not race.