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Thread: Prospect Heights Development

  1. #61

    Default washington condos update

  2. #62


    Got any pics of all those new developments that was in the real deal not too long ago?

  3. #63


    you were probablly at franklin avenue and Eastern parkway. Its actually not that bad, once you go a couple of blocks further east, but i see how it can be sketchy at night.

  4. #64

  5. #65


    Quote Originally Posted by Derek2k3
    Project #8

    647-649 Washington Avenue
    7 stories 70 feet
    Van J. Brody Architect P.C.
    Dev-Munzer Elayyan
    Residential Condominiums
    8 units 12,200 Sq. Ft.
    Under Construction 2006

    Project #9

    651 Washington Avenue
    6 stories 60 feet
    Thomas Lang, Architect
    Dantas Nicholas Associate
    Residential Condominiums
    9 units 11,375 Sq. Ft.
    Under Construction 2006

    from Early November

  6. #66

    Default 364 St. Marks Avenue

    Quote Originally Posted by Derek2k3
    Project #13

    364 St. Marks Avenue
    364-366 St. Marks Avenue
    6 stories 61 feet
    Bricolage Designs
    16 units 25,515 Sq. Ft.
    Under Construction 2004-2006

  7. #67
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    NYC - Downtown



  8. #68

    Default 392 St. Marks Avenue

    Yea, I know.
    Quote Originally Posted by Derek2k3
    Project #19

    392 St. Marks Avenue
    5 stories 70 feet
    Scarano & Associates Architects
    Dev-D & W Management
    24 units 27,125 Sq. Ft.


    Late Oct.

  9. #69


    This looks interesting.

  10. #70
    Forum Veteran
    Join Date
    Jan 2002
    West Harlem


    17 Eastern Parkway has a permit filed by Stephen B. Jacobs Group for an 11 floor, 114 ft building. Meier might have been dumped.

  11. #71


    That would suck.

  12. #72

    Thumbs up RE: Meier's Tower

    NY Daily News:

    Arena nabe is jumpin'!

    Condos rise while Ratner fights


    If you build it, they will come — or even before you build it, if it's the Nets Brooklyn basketball arena we're talking about. Developer Bruce Ratner is working his way through an environmental review of his mammoth 22-acre project, which community groups are opposing with a lawsuit.

    But other developers aren't waiting to see how Ratner's hoop dreams play out in Prospect Heights, where he wants to build up to 7,300 housing units, 628,000 square feet of offices and an 18,000-seat basketball arena in 16 buildings at Atlantic and Flatbush Aves., designed by celebrity architect Frank Gehry.

    They're getting in ahead of Ratner and building sleek condo buildings on empty lots or sites that were occupied by auto-body shops and other single-story commercial buildings. One of them is deploying another celebrity architect, Richard Meier.

    At least two dozen apartment projects are on the drawing board or coming out of the ground, said Brendan Aguayo of Aguayo & Huebener, a real estate brokerage.

    Eli Karp is constructing five separate buildings on Pacific St. between Washington and Grand Aves., which will have a total of 70 condos. His development, called Pacific Blue, will have a 50-foot lap pool, rooftop cabanas and a screening room.

    "I decided, why wait for the arena?" Karp said. He doesn't watch much basketball. But if and when the Nets move into the neighborhood, they'll be his team.

    To be sure, many Prospect Heights residents oppose Ratner's project and believe it will be bad for their nabe. All along Carlton Ave., signs in rowhouse windows say, "I o Brownstone Brooklyn. No arena complex."

    That hasn't stopped homebuyers from paying increasingly high prices to get into the neighborhood, undeterred by the possibility of noisy construction or traffic-snarled streets on game day.

    Peggy Aguayo and her brokers at Aguayo & Huebener have been able to sell 28 of the 39 condos at The Washington just by showing architectural plans. Construction is nearing completion on the building at 35 Underhill Ave.

    Because of strong demand, they've been able to raise the prices five times. The biggest deal they've done so far is for a three-bedroom apartment with a terrace — which is under contract for $844,000.

    Condo and co-op prices are on the rise in Prospect Heights, said Aguayo, who is Brendan's mother. They're now $575 to $700 per square foot. Still, they're less than neighboring Park Slope's $625 to $800 per square foot.

    "The arena is not scaring people away," said Jessica Buchman, a Corcoran broker selling $1 million-plus condos in the area. "Their property values will go up."

    Historic row houses just blocks from the proposed arena site are going like hotcakes, too.

    The lots are 130 feet deep on average — so the back gardens are bigger than in pricey Park Slope, where lots are 100 feet deep. Corcoran Senior Vice President Jerry Minsky sold a three-story brownstone at 181 Prospect Place in 48 hours. The two-family home went for $1.67 million.

    A comparable house in Park Slope would cost $3 million, he said — and would have a smaller yard.

    The most glamorous Prospect Heights project to get going ahead of Ratner's is a tower that Meier has designed for Mario Procida — who made a name for himself by building affordable housing in the Bronx — and his partners, developer Louis Greco and Las Vegas mall maven Sheldon Gordon.

    Procida told Your Money that the glass building will be 15 stories, with 114 apartments. He had tried to get city permission to build 30 stories high.

    He's just starting excavation at his 1 Eastern Parkway site. He expects construction to take 24 months.

    Meier has generated a big buzz with a trio of luxury condo buildings on the West Village waterfront — along with lots of talk about leaky apartments. Procida vowed that 1 Prospect Park will not leak.

    "We think the design kinks have been worked out," Procida said. "We tested our facade."

    So will he get more than $1,000 per square foot for the condos, as bloggers are speculating — and put Prospect Heights prices in a whole new league?

    "We will," Procida predicted.

  13. #73

    Default They still build new buildings that look like this? can you take away their license?

    Quote Originally Posted by Derek2k3
    Franklin Ave and what?,_Brooklyn
    Prospect Heights is a neighborhood in Brooklyn, bounded by Flatbush Avenue, Atlantic Avenue, Eastern Parkway and Franklin Avenue.

    It's 14 instead of 15 stories.

    I thought they stopped building this in the 1970s

  14. #74

    Default 392 St. Marks Avenue

    Project #19

    392 St. Marks Avenue
    5 stories 70 feet
    Scarano & Associates Architects
    Dev-D & W Management
    24 units 27,125 Sq. Ft.
    Under Construction 2007

    Scarano Architects PLLC

    PropertyShark Listing
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

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    Last edited by Derek2k3; September 24th, 2006 at 08:36 PM.

  15. #75


    Looks promising; another modest gem from Scarano. This guy is several cuts above average.

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