Sales on the Fringe
We missed this when it ran late last week, but the NY Post posted some updates on how condo sales are progressing at some developments on the fringe of popular neighborhoods in Brooklyn. As Roberta Benzilio of Halstead Properties says, “It used to be that people sought a certain neighborhood. But now… people will go…
We missed this when it ran late last week, but the NY Post posted some updates on how condo sales are progressing at some developments on the fringe of popular neighborhoods in Brooklyn. As Roberta Benzilio of Halstead Properties says, “It used to be that people sought a certain neighborhood. But now… people will go where the value is. Case in point: at 500 4th Avenue, which “considers itself Park Slope,” 80 of the 156 units are under contract or sold and 60 units have been occupied. Average prices there have come out around $700 per square foot. One Hanson Place, despite its location across from the Atlantic Center Mall and the Atlantic Yards site, is down to its last eight condos. And Solis, at 174 Clermont, sold eight of its nine condo units in five weeks, at an average price of $650 per square foot. And that is six blocks away from the G train!
http://www.youtube.com/watch?v=LKQRHldumeY
*rob*
I wonder how 1 Hanson Place could possibly be described as being on the fringe. It sits atop a major transportation hub, is across from a shopping center, is walking distance from BAM and is not too far from many brownstone areas and their amenities.
people will live ANYWHERE in Brooklyn, just a question of price
One thing I have learned is to not get into arguments over the exact boundaries of Brooklyn Neighborhoods.
The technical purists will insist that since 500 Fourth is on the west side of the street, it 60 feet away from Park Slope, so it might as well be in The Bronx.
The “old timers” will claim that 5th avenue cannot even be considered “Real Park Slope,” and by the time you get to Fourth, you have long since left the neighborhood.
No, It is not Park Slope!!.
It is Gowanus, has always been Gowanus and will always be Gowanus.
…and there is nothing wrong with that….
…. but it is NOT Park Slope, and will never be Park Slope
For 1 Hanson, being across from the mall with the Target there plus all the other shops is a huge plus, not to mention being on top of almost half of the subway lines in the city.
500 4th is close to the F and R (and G for now), and even though it might not technically be in Park Slope, it is not too far from the heart of it.
4th avenue and 12th street is park slope to me. the edge yes but still park slope.
So, some people actually want to live near AY. Who woulda thunk it?
I consider myself a billionaire. Unfortunately, that doesn’t make me one. Ditto 500 Fourth Ave., although it is a nice building – good finishes, reasonable room sizes, and sensible pricing. Who needs Park Slope w. that?