Brooklyn

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Real Estate Trends

May 4, 2018

Live in a one bedroom near the Brooklyn Children’s Museum in Crown Heights for $2,253/month

Photo by Julienne Schaer for NYC&Company A housing lottery launched Friday for just three one-bedroom apartments in the northern section of Crown Heights. Located at 730 Prospect Place, the building rises five stories and contains eight units. It sits between the colorful, Rafael Viñoly-designed Brooklyn Children's Museum and Brower Park and the myriad of food and drink options of Franklin and Washington Avenues. Qualifying New Yorkers earning 130 percent of the area median income can apply for the three $2,253/month one-bedroom units.
Find out if you qualify

Affordable Housing

16 chances to snag an affordable one bedroom in East Williamsburg for $1,080/month

Rendering via Leverich Design Studio

May 4, 2018

16 chances to snag an affordable one bedroom in East Williamsburg for $1,080/month

Located in between artist-hipster enclaves of Bushwick and Williamsburg, a newly constructed building at 89 Bartlett Street has launched an affordable housing lottery for 16 affordable one-bedroom units. Qualifying New Yorkers earning between roughly $37,000 and $50,000 annually (or 60 percent of the area median income), can apply for the $1,080/month one-bedroom apartments.
Find out if you qualify

Affordable Housing

May 3, 2018

Emily Blunt and John Krasinski’s historic Park Slope townhouse sells for $6.5M

By Annie Doge

After eight months on the market, Emily Blunt and John Krasinski's historic Park Slope townhouse has found a buyer, albeit for $1.5 million less than they'd hoped. The couple first listed the seven-bedroom, 20-room home at 586 4th Street in September for $8 million, but the Post saw through city records that it's closed for $6.56 million. The couple previously said they put the home on the market because work kept them away too much and "The house is so special—someone who can spend every night there should have it."
See exactly why it's so special

How did a flock of Argentinian parrots land in Brooklyn’s Green-Wood Cemetery?

Photo via Wiki Commons

May 2, 2018

How did a flock of Argentinian parrots land in Brooklyn’s Green-Wood Cemetery?

By Michelle Sinclair Colman

It's usually the tours and events at Brooklyn’s Green-Wood Cemetery that get people talking, but the national landmark has its own chatty group that's attracting a lot of attention. The group happens to be a flock of lime green parrots from Argentina, appropriately named “Monk Parrots” since they are hanging out in the cemetery despite Green-Wood's nonsectarian nature. But how did these loud and exotic birds get all the way from South America to Greenwood Heights?
It's not as crazy as you might think

History

April 30, 2018

See new renderings of ‘Ocean Dreams,’ Coney Island’s wavy Surf Avenue rental towers

New renderings have been revealed showing real estate mogul John Catsimatidis' Coney Island rental project at 3514 Surf Avenue known as Ocean Dreams, shown here courtesy of CityRealty. The American Institute of Architecture (AIA), which is currently taking votes for their People's Choice award in Brooklyn, has included the 425-unit rental complex among the contenders. The building is being developed by Catsimatidis' Red Apple Group. Catsimatidis, who has big dreams indeed for the development, proposed a trolley-like streetcar service to access the Stillwell Avenue subway station, and once said he wanted to make the development look like Miami Beach.
More renderings this way

Images (L to R): THE LEWIS, THE EAGLE, 83 BUSHWICK PLACE and THE PIERREPONT

April 28, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): THE LEWIS, THE EAGLE, 83 BUSHWICK PLACE and THE PIERREPONT Sleek, Stylish + Modern Rentals at The Lewis Leasing with 2 Months Free [link] The Eagle, Downtown Brooklyn’s 32-Story Rental Tower Offers 2 Months Free [link] East Williamsburg’s 83 Bushwick Place Leasing with 1 Month Free [link] Brooklyn Heights Luxury Rental […]

Real Estate Trends

Nation’s largest offshore wind farm proposes Sunset Park factory

Via Wiki Commons

April 27, 2018

Nation’s largest offshore wind farm proposes Sunset Park factory

By Michelle Sinclair Colman

Move over Chicago, you’re no longer the only windy city - Brooklyn is about to get its own wind. Deepwater Wind, the nation’s leading wind-power developer, intends to build an assembly hub in Sunset Park to support the nation's future largest offshore wind farm 30 miles east of Montauk (h/t Brooklyn Daily Eagle). This project is part of Governor Cuomo’s ambitious “Clean Energy Standard,” which intends to generate 50 percent of the state's electricity supply from renewable sources by 2030. The Brooklyn factory is expected to generate $80 million in economic activity and create hundreds of jobs for the area.
READ MORE

April 26, 2018

Where I Work: Inside Stephen Powers’ colorful world of studio art and sign making in Boerum Hill

By James and Karla Murray

6sqft’s series “Where I Work” takes us into the studios, offices, and off-beat workspaces of New Yorkers across the city. In this installment, we’re touring artist Stephen Powers' Boerum Hill studio and sign shop. Want to see your business featured here? Get in touch! Walking along Fourth Avenue in Boerum Hill, the storefronts all look pretty similar--pizza shops, laundromats, cute cafes--until you come to the corner of Bergen Street and see the large, colorful collage of signs gracing the side of the little brick building. This is ESPO's Art World, artist Stephen Powers' sign shop. But as you can imagine, this space is much more than that. Powers, who painted graffiti under the name ESPO for much of the '80s and '90s in NYC and Philadelphia, also uses his shop as a retail store and informal gallery where passersby can walk in and peruse his graphic, pop-art-esque, text-heavy work. Stephen recently gave 6sqft a guided tour of his shop and chatted with us about his transition from graffiti to studio art, why he dislikes the term "street art," his love for Brooklyn, and where he sees the art scene heading.
Get a look around and hear from Stephen

April 25, 2018

Brooklyn Heights co-op in a former mansion offers ‘castle-like’ grandeur for $1M

By Hannah Frishberg

In Brooklyn Heights, a uniquely laid out one-bedroom co-op in a former mansion at 10 Montague Terrace is seeking $1.15 million. The listing says it "has all the style and grandeur you might expect of a Robber Baron’s castle," and after getting a look at the wealth of period details--intricate woodwork and moldings, stained glass windows, highly detailed inlaid floors--we can't disagree. Throw in the prime Heights Promenade-facing location with views of the river and lower Manhattan, and that price tag seems like even more of a deal.
You don't want to miss this one

Distinctive Homes

April 24, 2018

Crown Heights middle-income housing lottery gets you near all the action

But it won't really save you enough to enjoy all this happening 'hood has to offer. The latest in a string of "affordable" middle-income lotteries, this offering for three $2,716/month two-bedroom units at 85 Rogers Avenue is reserved for households earning between $93,120 and $111,670 annually, or 130 percent of the area median income. For a single person earning the lower end of the range, this is more than a third of their yearly income before taxes. So hitting up nearby Barboncino for wood-fired pizza or Super Power for tiki cocktails, might not be the most economical idea.
READ MORE

Affordable Housing

April 24, 2018

After landmarking news, historic Carroll Gardens schoolhouse is back on the market for $5M

An unusual Carroll Gardens building, once the first freestanding kindergarten to be built in Brooklyn, is seeking a new owner, asking $4.95 million, now that it may not be headed for the wrecking ball. The Landmarks Preservation Commission calendared the building (along with the apartment building next door), now a unique single-family residence, at 236 President Street for landmark status consideration on Tuesday. Neighborhood residents and concerned citizens–including folk hero Joan Baez, whose grandfather once lived next door–have been rallying to stop the building's planned demolition as Brooklyn Paper reported last month.
Imagine the possibilities

April 24, 2018

Live right next to Prospect Park in Prospect-Lefferts Gardens, from $1,807/month

Want Prospect Park as a backyard? Enter a lottery for 16 middle-income apartments at a brand new building in Brooklyn's Prospect-Lefferts Gardens that sits directly across from the 526-acre park. Located at 510 Flatbush Avenue (also 33 Lincoln Road), the Lincoln Road Apartments rise nine stories and contain 141 units. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from $1,807/month studios to $2,733/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Swale in 2017, photo via Subhram Reddy.

April 23, 2018

A public floating food forest will come to the Brooklyn Army Terminal this summer

A 5,000-square-foot edible perennial garden will travel to the Brooklyn Army Terminal this summer, offering up New Yorkers the chance to harvest fruits and vegetables on top of a barge. The floating food forest, Swale, docked in Manhattan last year and featured an apple orchard surrounded by garden beds. This year, the 130x40 foot barge will set up along the Sunset Park waterfront between May 5 and July 1, and be free and open to the public on the weekends.
Details here

Images (L to R): ALTA LIC, JACKSON PARK, OSKAR and 1N4TH

April 21, 2018

FREE RENT: This week’s roundup of NYC rental news

Images (L to R): ALTA LIC, JACKSON PARK, OSKAR and 1N4TH “Shine in the Center of it All” – Midtown’s Solari debuts website and new renderings [link] ALTA LIC, NYC’s largest co-living residence, launches leasing [link] Jackson Park, shimmering new towers in Long Island City leasing with 1 month free [link] Meet Oskar: New Midtown […]

Real Estate Trends

April 20, 2018

Limestone mansion with a sunroom and garage in Prospect Lefferts Gardens asks $4M

Situated just two blocks from Prospect Park at 125 Maple Street in Prospect-Lefferts Gardens, this 25-foot-wide limestone beauty was built by noted Brooklyn architect Axel Hedman in the Renaissance Revival style. Built on a corner lot, the house gets enough sun to feature a stained-glass-wrapped solarium, and moody, dramatic interior details appear luminous rather than dark.
Take the tour

Distinctive Homes

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

Google Street View of 867 DeKalb Avenue

April 19, 2018

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

For the second time in two days, the city's affordable housing portal has opened the application process for a middle-income lottery that's basically no cheaper than the building's regular market-rate units. For example, this opportunity at 867 DeKalb Avenue, a recently constructed rental in Bed-Stuy, is offering 11 units to those earning 115, 125, and 130 percent of the area median income. The "affordable" apartments range from $2,163/month one-bedrooms to $2,716/month two-bedrooms. By comparison, the market-rate units start at $2,100 for one-bedrooms and $2,744 for two-bedrooms.
What's up with that?

Affordable Housing

April 18, 2018

For only $950K, this tiny townhouse in Stuyvesant Heights has a backyard shed and modern updates

We’re sensing a tiny-townhouse-as-condo-alternative trend here; and why not? Low taxes, backyard space, and basement storage are hard to pass up. This particular version is a stylishly renovated three-bedroom home at 264 Bainbridge Street in pretty Stuyvesant Heights, with an even tinier–but no less adorable–backyard shed in the covetable backyard. It's asking a diminutive-seeming $950,000.
Take a look around

Distinctive Homes

6sqft’s series “My sqft” checks out the homes of New Yorkers across all the boroughs. Our latest interior adventure brings us to the Boerum Hill home of Ample Hills founders Jackie and Brian. Want to see your home featured here? Get in touch!

April 18, 2018

Our 2,200sqft: The founders of Ample Hills ice cream give the scoop on their sweet Boerum Hill home

If you've ever indulged in an Ample Hills ice cream cone, you know that their fanciful flavors (Ooey Gooey Butter Cake, the Munchies, and Snap Mallow Pop, just to name a few!) are perfectly matched by the Brooklyn company's whimsical shops. But founders Jackie Cuscuna and Brian Smith definitely didn't grow in seven years from their first storefront in Prospect Heights to nine locations, including one in Disney World, and a forthcoming Red Hook factory where they'll produce 1 million gallons a year, without a lot of hard work and business smarts. And it's this combination of playfulness and attention to detail that they've carried over to their adorable Boerum Hill home, which they moved into two years ago with their eight-year-old son and 11-year-old daughter. A triplex in a quintessential Brooklyn brownstone, their home has cheery pops of color, mid-century-modern furnishings, and an eclectic mix of decor and family mementos. 6sqft recently visited the couple to tour their space, hear why they love Brooklyn, and learn about Ample Hills' plans.
Tour this sweet home and hear from Brian and Jackie

April 18, 2018

Live in the heart of hip Williamsburg, from $865/month

Via Dattner Architects Although rental prices are dropping in Williamsburg due to the impending L-train shutdown, a recently launched lottery is offering up a can't-miss deal. A brand new building located at 105 South Fifth Street has 38 affordable units up for grabs. In addition to the housing units, the Datter Architects-designed mixed-use project features roughly 4,000 square feet of retail and a 1,000-square-foot medical facility. Qualifying New Yorkers earning 60 percent of the area median income can apply for apartments ranging from an $865/month studio to a $1,121/month two-bedroom.
Find out if you qualify

Affordable Housing

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

Photo via CityRealty

April 17, 2018

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

Here's your chance to live in pretty Prospect-Lefferts Gardens for, perhaps, less than the neighborhood's market-rate rents. An affordable housing lottery is opening for seven units in a new, eight-story building at 212 Linden Boulevard. As 6sqft recently uncovered, many middle-income apartments throughout the city serve more to subsidize the truly affordable units, and therefore, don't come in that much cheaper. Here, the homes are available to those earning 130 percent of the median income and range from $1,800/month studios to $2,714/month two-bedrooms. By comparison, the market-rate rentals range from $1,850/one bedrooms to $3,000/month two-bedrooms.
Find out if you qualify

Affordable Housing

Despite a 30 percent drop in sales prices, Tribeca remains NYC’s most expensive neighborhood

Photo via CityRealty

April 16, 2018

Despite a 30 percent drop in sales prices, Tribeca remains NYC’s most expensive neighborhood

Despite suffering from a 30 percent drop year-over-year in median sale prices, Tribeca still managed to rank first as New York City's most expensive neighborhood, followed closely by Soho. Property Shark released this week its list of the 50 priciest areas in the city in Q1 2018 and unsurprisingly, nine out of the top ten are located in Manhattan. Notably, the West Village witnessed an 88 percent year-over-year increase with a median sale price hovering $2.1 million. And the Flatiron District, which ranked as the most expensive neighborhood in the third quarter of 2017, fell to sixth place, with a median sale price of $1.85 million.
See the list

Real Estate Trends

April 16, 2018

$2M Greenpoint home is warm weather-ready with a greenhouse, covered patio, and lovely landscaping

By Hannah Frishberg

A greenhouse is an amenity so rare in Brooklyn, home shoppers ought not ever to include it on a wishlist, but this incredibly charming renovated Greenpoint two-family happens to boast a backyard greenhouse – in addition to a covered patio, a woodworking shed, and a bench swing. The five-bedroom house at 661 Humboldt Street is currently divided into an owners duplex and third-floor rental, with a few lovely exposed brick touches and a gas fireplace.
Walk through the indoor and outdoor portions

Distinctive Homes

Rendering via ODA Architects

April 16, 2018

100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children's playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.
Find out if you qualify

April 16, 2018

Asking $1.4M, this little Red Hook row house has a green roof and a magical garden

Located in the bustling heart of Red Hook–which recently enjoyed a turn as Brooklyn's most expensive neighborhood–this turn-of-the-century row house at 91 Pioneer Street may not be mansion-sized, but at $1.35 million, it looks like a sweet condo alternative. It's a legal two-family dwelling though it's currently being used as a single-family home.
More this way

Distinctive Homes

Images (L to R): 606W57, One Hudson Yards, 70 Columbus and View 34

April 14, 2018

FREE RENT: This week’s roundup of NYC rental news