greenpoint real estate

New Greenpoint Landing Towers From Architect of Shenzhen Stock Exchange

(Rendering courtesy of OMA)

Renderings of two additional Greenpoint Landing mixed-use towers with 745 rental units (30 percent ‘affordable’) were released today resembling a “ziggurat and its inverse,” Curbed reports.

This is Brooklyn’s first development from the architectural firm OMA (founded by the esteemed Rem Koolhaas), who is also behind the McKinsey & Company Hong Kong office, the Shenzhen Stock Exchange, and the redevelopment of the Miami Beach Convention Center, among dozens of other “world-class” buildings.

(Rendering courtesy of OMA)

The two incongruent Tetris-esque buildings are part of the 10 building, 22-acre Greenpoint Landing development, bringing 5,500 apartments to the northern-most area of the neighborhood, abutting the  Nuhart Plastics Superfund site and on a Zone 1 hurricane evacuation area (most prone to flooding and future rising tides). One tower will be 30 stories and the second 40 stories with a total of 768,000 square feet of residential space and 8,600 square-feet for retail. Continue reading

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“Bath Haus” Renderings of the Under Construction Huron Street Bathhouse

The Bathaus (courtesy of Perkins Eastman)

Sales have officially launched along with the release of new renderings of the”Bath Haus” condo development by Caro Enterprises. The luxury development is currently under construction at 139 Huron St. with 9 units hitting the market ranging in price from $750,000 to $3,300,000. The architectural firm Perkins Eastman is behind the redesign and have a global portfolio spanning the Hilton Lagos in Nigeria and the Abu Dhabi Court Complex in the UAE.

139 Huron St. in 1940 (Courtesy of NYC tax photo archives)

A state mandate in 1895 required the construction of public baths in cities with more than 50,000 residents. The city’s poor were previously given access to floating baths off the shores of the East River, but they fell out of favor due to unsanitary pollution.

Greenpoint’s former Huron Street Bathhouse was built 1903, opened 1904 and closed 1960, it’s completion was a result of the City Beautiful Movement, which inspired ‘beautiful’ public architecture and increased municipal amenities to improve the living conditions of the city’s poorest residents.

The Bathaus (courtesy of Perkins Eastman)

25 baths were built in the Classical Revival Style around NYC with seven constructed in Brooklyn. All were based on the baths of ancient Rome. Continue reading

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Waterfront Rising: Williamsburg and Greenpoint Towers Advance Toward Completion

1 S. 1st Street development: (Photo via YIMBY/Michael Young)

The residential high-rise construction along the contentious Greenpoint and Williamsburg waterfront is moving forward during the frigid winter months with towers advancing toward completion.

On the South Williamsburg waterfront, the rising towers at 1 S. 1st St. are being structurally connected, as YIMBY reports.  When completed, the conjoined building will have 330 apartments (66 will be affordable) spanning 462,000 square feet directly next to Domino Park. The completion date for 1 S. 1st St. hasn’t been announced but the incongruent tower will count as the second residential building at the former Domino Sugar Factory, where two more towers are planned at the southern end of the site.

S. 1st St. rendering via COOKFOX Architects

1.2 miles north of S. 1st St. along the waterfront, “The Greenpoint,” is “awaiting imminent completion” according to YIMBY, and the 392-f00t-tall shiny glass tower is currently open for leasing/selling with 500 condos and rentals. A one bedroom rental at the namesake 39-story tower is going to set you back as much as $4,020 per month.

“The Greenpoint” at India Street on the waterfront (via YIMBY/Michael Young)

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Behold the Yacht-Friendly Future of Greenpoint at 53 Huron Street

(Atlantis Arts Studio)

Quadrum Global filed plans this week with the Dept. of Buildings for a 14-story, 150-foot tall residential building at 53 Huron St. (also known as 161 West St.) with 173 units spanning 178,000 square feet.

The development includes 86 enclosed parking spaces and would span 278,000 square feet at West Street between Huron and Green streets. The rendering envisions a yacht-friendly future for the building on the Greenpoint waterfront, which would neighbor the 40-story tower ‘The Greenpoint.”

(Atlantis Arts Studio)

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Hazardous Conditions Claimed by Rent Stabilized Greenpoint Tenants

97 – 99 Clay St. in Greenpoint

After 97 – 99 Clay St. was sold to developers in 2014, the 25 rent-stabilized tenants in the building reduced to five, following what current tenants claim has been a sustained effort by the new landlords to push them out through untenable demolition and construction conditions. “The first thing that happened is that they changed the locks on Christmas day and didn’t tell us,” said Gretchen, who wishes to withhold her last name and continues to live in a rent-stabilized studio at 97 Clay St. despite alleged harassment.”We live between a halfway house and two homeless shelters and there was no front door for two months,” she said adding that one of the other tenants is a wheel-chair bound senior citizen, making him especially vulnerable.

“They let everything get very run down and then started offering buyouts. They first offered me $4,000 and I said no.”

The new landlords originally planned to raze the building to make way for new construction, but with at least one tenant remaining in each of the buildings, the owners had to settle for renovations instead. Around February 2018, tenants say that demolition commenced and the living situation became increasingly hazardous. Complaints to the management company, Perfect Management, would simply result in a visit from the building’s super who tenants say has acted hostile toward their complaints. Perfect Management has not yet responded to Greenpointers.

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Affordable Lottery Opens at McGuinness Boulevard Luxury Development

The former Pep Boys that is now home to Otto Greenpoint (Google Maps)

If you are dreaming of living in luxury directly on McGuinness Boulevard surrounded by gas stations in the footprint of a former Pep Boys Auto Shop, then you’re in luck. The city’s affordable housing lottery presents you the opportunity to apply for one of the 60 low and middle-income units at The Otto Greenpoint, a 197 unit “luxury” development at 211 McGuinness Blvd that markets itself as “community-forward.” The lottery is open through March 6.

According to Otto’s website, amenities include “a full time front desk concierge, a community lounge, library and co-working space, a resident’s gaming lounge, a state-of-the-art penthouse fitness center and an expansive rooftop with pool, hot tub, BBQs, lawn areas, outdoor TV and 360-degree views of New York City.”

Otto Greenpoint (Google Maps)

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Former Greenpoint Hospital Set for Redevelopment

Greenpoint Hospital main building (via Brooklyn Relics)

In a city critically short of both affordable housing and homeless shelters, the long-abandoned former Greenpoint hospital can help alleviate both severe shortages in North Brooklyn. Over a year ago, plans were finalized for the conversion of the site and soon the former hospital will serve the public in these critical areas. The Greenpoint Hospital served the community for 70 years and many locals were born in the hospital. Constructed of brick and limestone, the attractive main building includes elements of Romanesque Revival, Italianate and Neo-Classical architectural styles. After opening in 1914, the hospital closed in 1982 amidst much local anger.

In a plan that includes a new homeless shelter and affordable apartments for low-income residents, the Hudson Companies, St. Nicks Alliance, and Project Renewal were chosen by the city’s Dept. of Housing Preservation and Development to redevelop the former Greenpoint Hospital site at 288 Jackson Street.

Rendering of redeveloped Greenpoint Hospital (Magnusson Architecture and Planning)

Magnusson Architecture and Planning and the firm Architecture Outfit will jointly develop 512 new units of affordable housing that will be housed in four separate buildings. The development will include an attractive campus with 21,500 square feet of communal space with a resident lounge, dining facilities, and a workforce development center. Completion of the project will involve two phases. In the first phase, the existing 200-bed shelter at the site will be moved to the southern portion of the development site in a rehabbed building. The first phase will also include construction of a new building with 267 apartments.

The Greenpoint Hospital (Magnusson Architecture and Planning)

Phase two will redevelop the main hospital building, that will be converted to a senior home with 109 apartments. The building that houses the boiler will be demolished and a 136-unit apartment building is slated to replace it. 30 percent of the total apartments are reserved for the formerly homeless. Continue reading

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N. 4 Street Retail Prices Soar Ahead of L Train Shutdown

N. 4th Street at Bedford Avenue looking West Google Maps)

N. 4th St. between Driggs Avenue and Kent Avenue had the largest increase in retail rental prices over the last year, where prices increased by 34 percent according to a REBNY study that looked at 16 of Brooklyn’s “prime retail corridors,” The Real Deal reports. Williamsburg’s N. 4th Street has seen a proliferation of corporate chains set up shop over the past couple of years including Whole Foods, Levis, Scotch & Soda, and Chipotle.

Bedford Avenue at N. 7 Street Google Maps)

Still, on nearby Bedford Avenue between Grand Street and N. 8th St. prices decreased by 11 percent to $351 per square foot. Rents in Williamsburg may drop further after the L train shuts down between Manhattan and Brooklyn for 15 months beginning in April 2019.

In Greenpoint, Franklin Street between Meserole Avenue and Commercial Street saw no change in the $74 per square foot price for groundfloor retail since last year, according to the study.

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Will This Greenpoint Landmarked Church Become A Trophy Home?

 

St. Elias Church in Greenpoint is for sale

The Former St. Elias Church, the iconic 1870 landmark brick building at 145 Kent Street, is going to be a monster single-family home if developers have their way. The church has been sitting vacant for more than a decade. In 2007, Hirsch Enterprises, a company specializing in church conversions, purchased the property for $3.5 million, hoping to cash in on the red-hot local property market, but it has yet to see a return on its investment.

The former Russian-Catholic Rite church offers a huge interior covering 13, 800 square feet, but the property has proven difficult to develop and sell for a number of reasons. The church is landmarked and any development that alters the gorgeous façade must be approved by the landmarks commission. Did we also mention the $7.1 million price tag, which might inhibit all but wealthy buyers? Continue reading

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Building (and Exploding) on the River — The Hook-up (8/17)

1056 Manhattan Avenue, via Yimby

It’s been an explosive week here in Greenpoint. While real gunfire rang out on Noble St. on Tuesday, stunt explosions detonated over the Greenpoint Avenue Bridge the very same day.

In Real Estate news, a new behemoth is going up on Manhattan Avenue. The first renderings have been revealed for 1056 Manhattan Avenue, clocking in at 56,746 sqft. of retail and residential space.

One Blue Slip, the first of Greenpoint Landing’s market rate buildings is open for leasing. One-Bedrooms begin at $3,225, and according to the New York Times, 90% of units have water views.

If you want to get River Views without paying an arm and a leg, you can tour the new phase two of Hunters Point South Park in Long Island City.

 

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