Brooklyn

As Extell Development's Central Park Tower nears the finish line, newly released renderings of the Billionaires' Row supertall are giving us a peek into the private residential club that will occupy the 100th floor with a suite of high-end amenities. Reaching over 1,000 feet in the sky, the amenity space, called the Central Park Club, will be the highest lounge of its kind in the world, offering hard-to-beat views over Billionaires' Row and Central Park.
And the views are exceptional

January 23, 2020

176 affordable units available at new Brownsville rental, from $367/month

Nearly 200 affordable apartments are up for grabs at a new rental building in the Brownsville neighborhood of Brooklyn. A housing lottery launched on Thursday for 176 units at 672 Powell Street, which is part of the massive Ebenezer Plaza project that will bring four towers to two sites on the block. Qualifying New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the units, which range from $367/month studios to $1,472/month three-bedrooms.
Find out if you qualify

Affordable Housing

Apply for 75 middle-income apartments in Prospect-Lefferts Gardens, from $1,721/month

Rendering of 350 Clarkson Avenue; Credit: Phiro

January 23, 2020

Apply for 75 middle-income apartments in Prospect-Lefferts Gardens, from $1,721/month

A housing lottery will launch Friday for 75 middle-income apartments in a newly constructed Brooklyn building. Located at 350 Clarkson Avenue in Prospect-Lefferts Gardens, the building, dubbed "The Lois," contains 250 apartments with 6,000 square feet of ground-floor retail. Designed by Cetra Ruddy, the eight-story building boasts a masonry facade with copper panel details, a nod to the area's industrial history. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $1,721/month studios to $2,975/month three-bedrooms.
Do you qualify?

Affordable Housing

MTA considers restoring passenger service to freight line between Bay Ridge and Ridgewood

The Bay Ridge Branch crossing Ralph Avenue in Canarsie, photo by Jim Henderson / Wiki Commons

January 23, 2020

MTA considers restoring passenger service to freight line between Bay Ridge and Ridgewood

Since the 1990s, the Regional Plan Association has been advocating for the restoration of passenger service to a rail line known as the Bay Ridge Branch that runs from Bay Ridge, Brooklyn to Astoria, Queens and is now used as a freight line. The MTA has announced that it will begin a feasibility study to "evaluate the potential for subway, commuter rail, light rail or bus service" along the line, which the agency notes would create the potential for reverse commuting and connect to 19 subway lines and the LIRR. In October, the RPA's Kate Slevin explained to NY1, "We don't have unlimited resources here in New York City, as we know, so the fact that we already have tracks there, that are underutilized, really means a lot."
READ MORE

Transit

In Park Slope, this $500K compact co-op has a working fireplace and lots of brownstone charm

Image credit: RISE Media courtesy of The Corcoran Group.

January 21, 2020

In Park Slope, this $500K compact co-op has a working fireplace and lots of brownstone charm

This one-bedroom, pre-war co-op at 19 7th Avenue is just one flight up from a classic north Park Slope street. Asking $499,000, it has the proper postcard charm of a lovely landmarked brownstone–working fireplace included–and it's just a few blocks from Prospect Park.
Brooklyn brownstone charm, this way

Distinctive Homes

Rendering of 1277 East 14th Street by Maqe

January 21, 2020

91 middle-income units up for grabs at brand new Midwood rental, from $2,346/month

A housing lottery launched Tuesday for 91 middle-income apartments at a newly constructed building in Midwood. Located at 1277 East 14th Street in the central Brooklyn neighborhood, the building sits on the former site of Vitagraph Studios, an acclaimed production company founded in the borough in 1897. The Vitagraph Apartments, which opened last summer, contain 302 units and amenities like a landscaped roof deck and fitness center. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which includes $2,346/month one-bedrooms and $2,830/month two-bedrooms.
Find out if you qualify

Affordable Housing

Check out The Sill’s first Brooklyn brick-and-mortar in Cobble Hill

Photos by Tory Williams, courtesy of The Sill

January 17, 2020

Check out The Sill’s first Brooklyn brick-and-mortar in Cobble Hill

Cobble Hill got a little more green with the opening of The Sill's first brick-and-mortar in Brooklyn (they also have a recently opened kiosk at City Point). The outpost at 195 Pacific Street features an apartment-friendly collection of succulents, cacti, and tropical plants that can be potted in the store's own line of planters or purchased on their own. And to make it easy for newbies, each plant has straight-forward labels that you know how much sunlight and water it needs, as well as if it's pet-friendly.
More info

Uncategorized

January 15, 2020

Carroll Gardens’ one-time most expensive house returns for $10M

Back in 2014, an oversized, four-story townhouse replaced an old garage at 181 President Street in Carroll Gardens, and it became known as one of the most "lavish" homes in Brooklyn thanks to its 5,356-square-foot layout, elevator, landscaped roof deck, wine cellar, home gym, two-car garage with a Tesla charging station, and more. So it was no surprise when it set a neighborhood record upon selling for $9.15 million in 2018. The five-bedroom home is now back on the market, asking a pretty comparable $9,995,000.
Have a look around

Distinctive Homes

Group of Coney Island boardwalk businesses could see up to 400 percent increase in rent

Photo by Shinya Suzuki on Flickr

January 15, 2020

Group of Coney Island boardwalk businesses could see up to 400 percent increase in rent

Owners of six small businesses in Coney Island, Lola Star Boutique, Nathan's Famous, Ruby's Bar & Grill, Paul's Daughter, Tom's Restaurant, and the Coney Island Beach Shop, are currently negotiating new 10-year lease agreements with amusement park operator Zamperla. The New York Times reported on Wednesday that the boardwalk businesses are facing rent increases of between 50 and 400 percent each. "We care about Coney Island and its future, and we are dedicated to making it as strong a community as possible," Alessandro Zamperla, the president of the company, told the Times. "This is why we've been working with our tenants to ensure their success and preserve the character of Coney Island." Mayor Bill de Blasio's administration has not come forward with a plan to mediate; according to the newspaper, the rent increases do not violate the agreement between Zamperla and the city.
Find out more

Real Estate Trends

This $3.5M wood-frame house in Fort Greene has high-end finishes and a delicious mint kitchen

Photo credit: DDreps for The Hudson Advisory Team courtesy of Compass

January 14, 2020

This $3.5M wood-frame house in Fort Greene has high-end finishes and a delicious mint kitchen

Built in 1870, this historic wood-frame home on a block of gorgeous landmarked townhouses a few blocks from Fort Greene Park is asking $3,495,000. It's had a recent renovation that bestowed updates like well-concealed central air and an intercom system and high-end finishes like herringbone wood flooring, arriving at that magic mix of contemporary comfort and historic charm. Within the single-family home are four bedrooms, each with its own bath, plus grand entertaining rooms and plenty of family space. A large landscaped rear yard joins a patio and wood deck for indoor-outdoor living in season.
Take the townhouse tour

Bushwick rezoning stalled after city dismisses community plan

Photo by Mike Steele on Flickr

January 13, 2020

Bushwick rezoning stalled after city dismisses community plan

The plan to rezone Bushwick hit a possibly fatal roadblock Monday after city officials and local politicians failed to reach an agreement on affordable housing requirements. The city said it will not study the Bushwick Community Plan (BCP), first envisioned by the community in 2014 to address out-of-context development, as part of its proposal, effectively postponing the rezoning. After years of Bushwick residents calling for a study of the area's growing gentrification, the city released its official rezoning plan last April. But local stakeholders and leaders, including Council Members Antonio Reynoso and Rafel Espinal Jr., said the city's plan fell short of the vision laid out in the BCP.
Details here

Policy

L train service will be interrupted over the course of three upcoming weekends

Image by Jason Eppink via Flickr

January 13, 2020

L train service will be interrupted over the course of three upcoming weekends

The rehabilitation of the Canarsie Tunnel is on track to wrap up months ahead of schedule and restore full L train service by April—roughly one year after the revised “slowdown” started—but service will get a little worse before it gets better. As the Metropolitan Transportation Authority (MTA) prepares to finish their work, partial L outages will impact service during three weekends in January, February, and March.
More details

Transit

Plans filed for large apartment building on parking lot of classic Coney Island restaurant Gargiulo’s

View of 1517 Surf Avenue; Photo courtesy of Ace Aerial

January 9, 2020

Plans filed for large apartment building on parking lot of classic Coney Island restaurant Gargiulo’s

The owner of a 100-year-old Italian restaurant in Coney Island has agreed to lease the establishment's neighboring parking lot to a luxury real estate developer. Gargiulo's Restaurant owner Louis Russo filed a 99-year ground lease for the lot at 1517 Surf Avenue, located about one block from the boardwalk, with developer LCOR, as first reported by the Brooklyn Paper. According to the developer, plans will likely involve a mixed-income residential development and ground-floor retail.
Get the details

New Developments

Image credit: VHT courtesy of The Corcoran Group

January 8, 2020

For just $250K, the buyer of this chic Bay Ridge studio gets a parkside location and a Verrazano view

Tucked into a verdant strip of southwest Brooklyn overlooking Shore Road Park, a block from New York Harbor with stunning vistas of the Verrazano-Narrows Bridge from the street, this compact studio at 9902 Third Avenue is asking a relatively reasonably $250,000. In addition to bridge views, the Bay Ridge/Hamilton Parkway street is lined with pre-war co-ops and quaint two-story free-standing homes.
See more, this way

Distinctive Homes

Williamsburg’s William Vale hotel opens rooftop ice skating rink with skyline views

Photo courtesy of The William Vale

January 6, 2020

Williamsburg’s William Vale hotel opens rooftop ice skating rink with skyline views

In the warmer months, the 23rd-floor rooftop of The William Vale is one of the hottest spots for an outdoor drink, and now the hotel has introduced a fun way to take advantage of those skyline views during the winter. Vale Rink is a public ice skating rink, as well as a tented lounge that offers hot chocolate and other treats. Admission is $20 for adults and includes your skate rental.
Get the details

Events & Things To Do

For $1.9M, this Bed Stuy townhouse mixes historic details with modern upgrades

Listing images by DDreps; courtesy of Compass

December 31, 2019

For $1.9M, this Bed Stuy townhouse mixes historic details with modern upgrades

Having last sold in February for $830,000, this Bed Stuy townhouse at 610 Bainbridge Street has since been transformed by a complete renovation. The modern upgrades live alongside restored classic details from the original 1899 construction, including a wood-burning fireplace in the living room and charming pocket doors. The five-bedroom, 3,200-square-foot property also has income-generating potential with a separate two-bedroom unit on the garden floor. It’s now asking $1,895,000.
Take a look around

Distinctive Homes

For $2.4M, a townhouse-sized classic seven overlooking Prospect Park

Photo credit: DDReps courtesy of Compass

December 27, 2019

For $2.4M, a townhouse-sized classic seven overlooking Prospect Park

As one of the highly sought-after, elegant pre-war Park Slope co-ops that overlook Prospect Park and Grand Army Plaza, 47 Plaza Street West was built in 1928 and designed by renowned architect Rosario Candela. Asking $2.4 million, this "classic seven" unit is one of only two that share an elevator bank. And with four bedrooms and a unique corner configuration, the gracious apartment feels like a townhouse–without all the stairs. Plus, high-floor status means gorgeous views of Grand Army Plaza and the park below.
Take the tour

Distinctive Homes

Dumbo’s Time Out Market adds rooftop igloos for festive cocktails

Photo: Time Out/Ali Garber

December 20, 2019

Dumbo’s Time Out Market adds rooftop igloos for festive cocktails

Ever since Instagram made popular Midtown bar 230 Fifth's rooftop "igloos" an international sensation, other drinking and dining establishments have been hopping on the dome train, too. The latest comes from Dumbo's Time Out Market food hall, where guests can enjoy a special wintery cocktail menu in an enclosed bubble overlooking the Manhattan Bridge and skyline. Called the Rooftop Iglounge, the three domes are available on a first-come basis and can each accommodate eight guests.
READ MORE

December 20, 2019

100 spots open on waitlist for modern Greenpoint rental near the Pulaski Bridge

Applications are now being accepted for a 100-spot waitlist for a rental building in Greenpoint. Located at 215 Freeman Street at the foot of the Pulaski Bridge, the building sits near all Manhattan Avenue has to offer, with easy access to Long Island City and beyond via the bridge's pedestrian path. Qualifying New Yorkers earning 130 percent of the area median income can apply to be placed on the waitlist for the apartments, which include one-bedrooms priced between $2,270 and $2,542 per month and two-bedrooms between $2,733 and $3,063 per month.
Do you qualify?

Affordable Housing

December 19, 2019

See BIG and WXY’s vision for a pedestrian-friendly Downtown Brooklyn

A plan to improve the streets and public space of Downtown Brooklyn was unveiled on Thursday, as officials look to accommodate the area's booming population. Created in collaboration with the Downtown Brooklyn Partnership, Bjarke Ingels Group, and WXY architecture + urban design, the "Public Realm Action Plan" calls for fewer cars, more bike lanes, a bus-only lane, and more parks and plazas. As first reported by CityLab, the proposal takes ideas from already-implemented street redesigns, like the new 14th Street busway.
See the plan

Transit

For $490K, this Bushwick studio includes amenities, parking, and a private terrace

Photo credit: Jesse Armas, courtesy of Compass.

December 18, 2019

For $490K, this Bushwick studio includes amenities, parking, and a private terrace

If you're looking for a sleek pied-a-terre or an attractive investment condo in buzzy central Bushwick, this compact studio at 364 Harman Street fits the bill. At $490,000, the brand-new condominium offers amenities–like a gym and a parking garage–not often found in newly-constructed boutique buildings in the neighborhood. A private terrace adds to the list of enviable perks.
Get a closer look

Distinctive Homes

The Collective announces a new Williamsburg co-living location with student housing included

Renderings by Scuares, courtesy of The Collective

December 18, 2019

The Collective announces a new Williamsburg co-living location with student housing included

The Collective is wrapping up a busy year with news of its latest co-living development at 292 North 8th Street in Williamsburg. Stonehill Taylor will design a 100,000-square-foot building comprised of 224 studios. Ninety-seven of those are to be set aside for students, and the remaining 127 rooms will be geared toward nightly and monthly stays. The North 8th Street location is one of three now underway in Brooklyn. A forthcoming flagship location is in the works at 555 Broadway in South Williamsburg, and a Sou Fujimoto-designed building will soon take shape at the site of the former Slave Theater in Bed-Stuy. All three Brooklyn locations are set to open in 2022.
READ MORE

Uncategorized

The city’s first LGBT-friendly affordable senior housing opens in Fort Greene

Rendering courtesy of BFC Partners and Marvel Architects

December 18, 2019

The city’s first LGBT-friendly affordable senior housing opens in Fort Greene

New York City’s first affordable LGBT-friendly senior housing complex has opened in Fort Greene. Originally called the Ingersoll Senior Residences, the project—which is the first to be completed under the city’s controversial plan to lease NYCHA land to private developers—was dubbed Stonewall House in honor of the 1969 riots that launched the modern LGBT movement. The building comprises 145 apartments that will be available to seniors 62 years and older who make 50 percent or less of the area median income, with 25 percent of the units set aside for formerly homeless tenants.
More details

Affordable Housing

December 17, 2019

Billionaire’s Row tops list of most expensive streets in the world

A new study of the top "ultra-prime" locations in the world dispels any doubt that Billionaire's Row is living up to its name. London-based property consultancy Knight Frank, along with Douglas Elliman, looked at the number of homes sold for over $25 million since 2015 and found the greatest concentration along Midtown's 57th Street, where 41 transactions have been closed in the last five years at an average price of $38.5 million. Manhattan cracked the top ten three more times, with Central Park South coming in third, followed by Park Avenue and Fifth Avenue in fourth and seventh place.
READ MORE

Real Estate Trends

A 266-unit affordable senior housing complex with focus on health and wellness to open in Brooklyn

Rendering courtesy of Dattner Architects

December 16, 2019

A 266-unit affordable senior housing complex with focus on health and wellness to open in Brooklyn

A medical center in Brooklyn will be developed into a mixed-use complex with affordable housing, on-site counseling service, fitness programs, and integrated health care. Gov. Andrew Cuomo announced last week plans to transform the current Kingsbrook Jewish Medical Center North Campus, located between Prospect Lefferts Gardens and East Flatbush, into Kingsbrook Estate, a three-building development with 266 units of affordable housing. Designed by Dattner Architects in collaboration with landscape architecture firm terrain, the development falls under the state's Vital Brooklyn plan, created in 2017 to bring more housing and jobs to the Central Brooklyn area.
Learn more

Affordable Housing

NYC’s third $100M+ real estate deal closes at 220 Central Park South

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

December 13, 2019

NYC’s third $100M+ real estate deal closes at 220 Central Park South