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.
Speaking of rent control squatters, did you see this article:
http://www.nytimes.com/2006/03/26/realestate/26habi.html
If nothing else, brooklynites seem to be very opinionated about social issues, politics, design, real estate, etc. It’s a good thing but y’all need to learn to get along better.
What I was esentially trying to make the point Linus did – that this ‘evil stroller set’ is actually made up of people who generally support the idea of an integrated, mixed community – and that the suburban gated communities are filled with the people you seem to have a beef with
I personally like the design of these condos. Thought the developer made a great choice with the black paint and glass. The first time I saw it I was like ‘what the f…’ but, in a good way. I think that the buyers will have an ultra-hip, aesthetically pleasing condo at the end of the day. There might be some growing pain as the neighborhood transitions but all in all I think its a great buy. I’d say the same for any condo within the fulton mall area.
And for the poster who said that myrtle ave is unremarkable/bland…I disagree. The strip is peppered with a lot of architecturally interesting buildings that are similar to the ones that line upper 5th/6th/7th ave in Park Slope. The beauty of some of these structures are hidden by the street-front/signs. Also, next time that you drive by, check out the lamp-posts. Many of them have the original cast-iron designs.
Bx2Bklyn, At least one good thing about an urban environment like Brooklyn, and NYC in general, is however rich you are, it is almost impossible to buy yourself utter social isolation the way you can in the suburbs. You can’t simply avoid seeing a single poor person, etc.
Not disputing yr larger point, I just think this is, ironically, one thing that keeps many gentrifiers in the city — even tho their market decisions do have the effects you describe. Or let’s say, anyway, that gentrifiers often like that cross-class, cross-cultural mingling in theory, even if they end up having problems with it in practice.
And you’re right too David, about the trolls. I like to think that most of us who care so much do advocate for all levels of society. Part of the reason we post here is because we do care. But I sometimes feel that people pay a lot of lip service to mixed income housing and neighborhoods but find ways to not follow through. Politicians do it all the time- and Ratner’s bad faith deal with community groups is an example. It can’t be denied that developers are building everywhere without giving a hoot about the neighborhood. And sometimes they are so uncaring it endangers buildings and people around them. I’ve already lived through that once in Brooklyn Heights.
I’m not quite you what you meant in your last comment though, referring to the gated community question. Can you please clarify?
Linus,
you are right- it is two different things and I don’t know how the process can be made more equitable for everyone. As far as some secret ownership society- I seriously doubt there is any such thing. But like wjf I do believe that once a neighborhood is “discovered”, the real estate agents crawl out of the woodwork and begin a serious selling campaign. Then the landlords start to raise prices, and it snowballs. And of course landlords need to live too- it’s a business. I understand all that but I still feel that there are other forces in play that make up a viable, livable society and if we don’t pay attention we could very well become a ghetto-ized,repressive society- one part living in proverty and despair, the other part buying its social isolation. And societies like that have never worked.
Bx2Bklyn – “My point was that “home” has a special meaning for people. The stability of neighborhoods, their character are important to the overall health of the city.”
True, and we have the strongest laws in the country to limit the price increases LL can charge year over year.
Bx2Bklyn – “No one group should be forced out at the behest of another-”
Other then some troll-like posts where in this city is one group being forced out at the behest of another?” – do economic forces result in one group moving in and another moving out – yes, but that is a world of difference from one group “behesting” the removal of another – and I said above, often the ‘displacing group’ is just displaced people looking for a new place to live.
Bx2Bklyn – “Mixed income housing and neighborhoods are the best solution but I see very little interest in that from upper income level.”
Actually most posters here have stated they would like that; most ‘upper income’ folks in this city seem to vote for candidates that support that; the upper income folks buy apartments in such developments like crazy (where they are common in Manhattan below 96th st) maybe for the tax breaks or socially conscious reasons – so all evidence seems to be that there is support for mixed income development (and I cant think of a single group or politician that advocates the opposite)
Bx2Bklyn – “I don’t complain about the “white stroller set”- I like the amenities they can bring, the mixing up of groups, etc. What I don’t like are people coming in and deciding that they have the right to say who should live in their neighborhood or not.”
Could you please site anywhere in this city that anyone is trying to exercise such a right – again a couple of troll posts on a message board doesnt make it so.
Bx2Bklyn – “If you want that much control, move to a nice gated comunity in the heartland”
And my point is that many people do just that – just not the “stroller set” being discussed here
One comment with regards to tearing down the projects:
“Develop don’t Destroy”