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Thread: Williamsburg Residential Development

  1. #1
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    Default Williamsburg Residential Development


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    Nice job. That Scarano is doing some nice f'in work, I must say. Nice looking stuff.

    Here's some more...

    http://corcoran.com/property/nd/index.asp?BDD=Y

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    Are all these in Brooklyn?

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    Yessir...that's the point of the thread.

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    Goodie Billy, there's not much from Wburg there but it's a great find and I'll put them somewhere...

    The ones that are there:


    307 Grand Avenue


    *vomit*

    http://corcoran.com/property/nd/deta....asp?ndevid=55



    The Gretsch Building (in another thread somewhere as well) (conversion)



    http://corcoran.com/property/listing...stingid=716312

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    Quote Originally Posted by Gulcrapek
    Is this being built? Also, what's up with those highrises? Is that for the redevelopment by the waterfront? Looks like a lot are concepts, or are they really to be built? I hope so. There's so good BK projects in there!

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    I e-mailed Fischer last night, we'll see what happens when he responds.

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    Condo plan stirs fight on housing



    Architect's drawing of proposed $80 million luxury condominium development on Kent Ave. shows changes to factory building, including addition of four stories. Building's current tenants and others in neighborhood oppose plan.


    BY HUGH SON
    DAILY NEWS STAFF WRITER
    June 25, 2004

    The affordable housing vs. luxury residential development tug of war in Williamsburg has spread to a new battleground: the waterfront.

    The owner of a loft building at 184 Kent Ave. with striking vistas of lower Manhattan wants a zoning variance that would allow him to convert the former factory into luxury condominiums - a move that would likely force out most of its middle-income tenants.

    The $80 million conversion planned by Moishe Kestenbaum includes building an additional four stories of apartments and an indoor parking facility, said Ken Fisher and Howard Hornstein, lawyers handling the deal.

    In exchange, Kestenbaum offered to create a waterfront promenade near the building and contribute $355,000 to a fund for affordable housing in the neighborhood, Fisher said.

    But current tenants at 184 Kent - most of whom are young professionals or artists - are up in arms because they thought they could live there for years to come and would probably be priced out of their homes.

    "The larger issue is that the whole waterfront will be redeveloped, and this will set a bad precedent," said one angry tenant, Will Anderson, 31.

    Tenants say that new leases in the building must be renewed every two months - a signal, they charge, that Kestenbaum is seeking to evict current occupants. Sources said about 250 people live in the building and pay rents that average less than $1,000 a month.

    The situation at 184 Kent has galvanized the local community board and driven a wedge between two area politicians.

    Assemblyman Vito Lopez (D-Williamsburg) - who demanded that all real estate projects in Williamsburg include at least 20% affordable housing - blasted Councilman David Yassky's support of the variance, which Yassky offered in exchange for the $355,000 affordable housing contribution.

    Lopez said that the money Yassky secured "doesn't amount to anything."

    Yassky (D-Downtown Brooklyn, Fort Greene) called Lopez's criticism "preposterous" and said that the funds are enough to subsidize a dozen apartments. "I think this is a path-breaking deal to link zoning with affordable housing," Yassky said.

    Michael Schill, director of the Furman Center for Real Estate and Urban Policy at New York University, said there was a danger in requiring too much from developers in the way of affordable housing.

    "You could be in a situation where you tax the housing so much that you make the development unfeasible." Schill said. "We need both market rate and affordable [housing]. It's not either-or."

    However, last month Community Board 1 voted against recommending approval of the proposal by the city Board of Standards and Appeals. The board makes the final decision on the proposal. The next hearing is Aug. 10.


    All contents 2004 Daily News, L.P.

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    It's a pretty average piece of classic postmodernism.



    Karl Fischer, architect

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    The New York Times
    Living in the New Suburbia, With Plans for Children
    By PENELOPE GREEN

    Published: October 10, 2004

    ONE month ago today, Richard Oceguera, 35, and Thomas Koveleskie, 33, celebrated their Massachusetts wedding of last spring with a party on the roof of their home on South First Street in Williamsburg, Brooklyn. Sixty people attended this handmade ceremony, which sampled elements from early Christian services both men are Catholic blended with vows they had written themselves, followed by disco dancing to Duran Duran, Book of Love and late Blondie.

    As the sun set, the lights honoring the Twin Towers were lighted, along with those of the Empire State Building, and a flock of pigeons tumbled skyward from the roof of a nearby tenement (a happy coincidence). John Gillespie, a neighbor, made a toast, which he recalled the other day. "I said that this was a transformative event both for the guests, and the building," Mr. Gillespie said. "It marked a new beginning for all of us, and it felt like a blessing on the building."

    This celebration, its setting and the coincidental atmospherics those lights, the pigeons underscore Williamsburg's 21st-century incarnation as a bedroom community for Manhattan professionals. The residents of 150 South First Street, the luxurious new condominium development where Mr. Oceguera and Mr. Koveleskie bought their 900-square-foot two-bedroom for $440,000 in July 2003, are prototypical of the area's new citizens; many are couples looking to start a family.

    "We've already had a naming ceremony on the roof, for one of the two babies born in the building," said Mr. Gillespie, who is president of the condo board at 150 South First (his day job is medical director at Pfizer in Manhattan). "And there's another wedding planned."

    No longer a haven for artists or even "artists" Williamsburg feels more like Georgetown in Washington, than the East Village, to which it has been compared. At 8:45 on any given weekday morning, Bedford Avenue is a river of well-scrubbed young professionals pouring toward the L train and their city jobs across the river. (The Bedford Avenue gloss is so powerful that the developers of 150 South First Street, which is at the corner of South First and Bedford, marketed their property as 299 Bedford Avenue.) By 10 the strollers are out, careering along the same strip or parked at Fabiane's Cafe.

    "I never thought of myself as a `Williamsburg kind of guy,' " said Mr. Oceguera, who is director of business development at Rent-Direct.com, an online-service that connects would-be renters with landlords; he and Mr. Koveleskie had been renting together in Brooklyn Heights for four years.

    Mr. Oceguera was crisply dressed in a blinding white shirt and zippered chocolate brown Agnes B. sweater from Paris he and Mr. Koveleskie had just returned from a honeymoon in Italy and France and talking passionately about family and roots; he sees Williamsburg as fertile ground for both.

    "Even though this is our starter home, our first purchase," Mr. Koveleski said, "we want to start a family here. We've hit all the milestones home ownership, marriage and the last one is children. Our neighbors expect it of us."

    The men say their neighbors, mostly straight couples in their 30's, are sharing parenting and adoption group news. "We all seem to have a lot in common," Mr. Oceguera said.

    It took one month for all 32 units here to sell, said Helene Luchnick, an executive vice president at Douglas Elliman who marketed the building.

    "At that time there was absolutely nothing else for sale in Williamsburg," Ms. Luchnick said. Its developers had planned the building as a rental property, until they saw the state of the market. It was Ms. Luchnick who suggested they build the rooftop deck, fitness center and kitchen. Prices are about $500 a square foot, and rising. Mr. Oceguera and Mr. Koveleskie's apartment was just reappraised, they said, at about $550,000.

    Patrice Mack, a broker at Elliman who sold the building with Ms. Luchnick, was surprised by the monolithic homogeneity of her clients. "It was weird, we thought it would be artists or people from the area," she said, "but instead it was this group from Manhattan. They even had the same stuff. Do you remember the Aerosole `Dollyanna' shoes from `Sex and the City?' " she continued. "All the girls were wearing those."

    Old Williamsburg, the one with the Latin flavor, is still here: the vacant lot opposite Mr. Oceguera and Mr. Koveleskie's living room terrace is filled with pumpkin vines. The "artists" are represented too: a juice bar around the corner has a street sign with the words Haight-Ashbury painted on its galvanized steel walls (there's even a VW bus emblazoned with peace signs). But this couple mostly ignores such signage on their walks to emporiums like Uva's Wines and Bedford Cheese down the block; both men love to cook.

    They met by chance six years ago in a Chelsea restaurant. A few nights later, Mr. Oceguera, new to the city from Chicago, was dialing around haphazardly for a dinner date. Mr. Koveleskie, vice president for equity and fixed income research at BBVA Securities, was the only one who answered his phone. It was 9 p.m. and he was working late. "We've been inseparable ever since," Mr. Oceguera said.

    On May 24, Day 6 of legalized marriage in the commonwealth of Massachusetts, the men were the 350th same-sex couple to be married, they said. The state requires a three-day waiting period, but you can get a waiver, which they sought. The elderly male judge who granted it urged both to "ignore the small-minded folks out there," as Mr. Oceguera remembers it. Mr. Koveleskie's father told him, "I looked up the definition of love in the dictionary, and it didn't say it was only between a man and a woman."

    Mr. Oceguera broke in. "Not to mention it's always good for the economy when two gay guys get married," he said.

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    I forgot this thread was here. So consider the other 2 I posted to be part of this one. Anyhoo, go to www.scaranoarchitects.com > multifamily to see a trillion new constructions in Williamsburg and its surrounding areas.

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    Could you post pics please? I cant see them on my comp.

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