That Was Quick: 236 Dean Snapped Up
Yowza! Guess the market can’t be that weak. We just got a tip that the brick beauty at 236 Dean that we wrote about last week has already been snatched up. From our tipster: “There were 6 bids for 236 Dean in one week and it went for 1.8 in cold cash from a city…
Yowza! Guess the market can’t be that weak. We just got a tip that the brick beauty at 236 Dean that we wrote about last week has already been snatched up. From our tipster: “There were 6 bids for 236 Dean in one week and it went for 1.8 in cold cash from a city buyer.” This should not be a big surprise: We, along with most of the commenters, were quite bullish on this place. We also got some more deets on the condition: “It was rock solid on the inside, though only about 70% completed and with no plumbing.” Very interesting indeed.
ect. Really beautiful though.
Mid-Stream in Boerum Hill [Brownstoner]
Boerum Hill Masterpiece [NY Times] GMAP P*Shark
Hear Hear!
Regarding last week’s AY post on shadows, I’ve been living in the area all of my life and have yet to hear anyone complain about the Williamsburg Savings Bank Tower oppressive shadow. Is there one? I would assume that there is a footprint but folks in Fort Greene appear to be getting along pretty well despite living next to this out of context building. Look on the bright side, with AY the WSBT will no longer be out of context and a past wrong would be corrected!
Yes AY is too big – way too big. But there is NOTHING worth saving in the area where the project is going up. BLIGHT! Size not withstanding, it will only improve the area.
As a Boerummer, I think think the AY’s impact is going to be felt most in the increased traffic. More cars pulling off Atlanitc and flatbush looking for sidestreets. Also, at issue are those cute little boutiques on Atlantic. Will they be driven out by increase rents?
10:33- It’s not quite the done deal you think. Yente is right. The sky isn’t falling- there are no wmds. But being prepared for any eventuality is the smartest thing to do, not throw up your hands and say, nothing can be done. A negative impact will be disastrous- because it will spread out from there.
Doomsday was predicted for the Upper Westside too after the construction of Lincoln Center. What happened? The nabe flourished! Give me a break. No intelligent person is buying into your doomsday rhetoric. Brooklyn will continue to thrive, with or without AY. In my book, AY, BAM cultural district and Downtown Dev. Plan will enhance the borough’s appeal immensely. Only a fool sells because of AY and only a bigger fool attempts to block the project for fear that it will hurt property values in the area.
I guess we won’t know until we get there but I can’t see anyone wanting to live close to an arena- especially on game night. It’s one thing to be able to go nearby- like MSG- another to deal with pre and post game fans.
FYI- early on someone did yet another financial analysis of revenues need to make the arena profitable and found that the arena would have to be in use over 300+ nights a year. DOn’t know how accurate that was, but if I was a homeowner in that area I would be really unhappy.
6 bids…no bidding war…couldn’t get asking…boy times have changed.
Yente, I think your attitude is the right one because there’s nothing we can do to stop it now. Even if AY will have a negative impact on the community and on property values, there’s no point in getting upset about it now. It’s a done deal.