Real Estate

“Affordable” Housing Lottery Now Open for $2100 Studio in Greenpoint

197 Freeman Street. via City Realty
197 Freeman Street. via City Realty

A studio apartment in a luxury Greenpoint building could be yours for the (low?) price of $2100, provided you make between $72k and $95k. The 4-floor 20 unit building boasts a gym, roof deck, laundry, and parking, but you’ll most likely have to fork over additional cash to make use of those sweet sweet amenities.

The housing lottery is now open for six units of varying sizes at 197 Freeman Street, with rents ranging from $2100 to $2715. A one bedroom with a private terrace in the building is currently listed at $3115 with no brokers fee. You can apply online for the units here, and the deadline is August 6th.

But with six figure income ranges for these “affordable” units, this housing lottery makes us wonder if the developer really should be entitled to any kind of tax benefit. What do you think, Greenpoint neighbors?

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Matchless is Coming Down (Eventually)

The old Matchless building, on Driggs & Manhattan Avenue. Photo: Megan Penmann
The old Matchless building, on Driggs & Manhattan Avenue. Photo: Megan Penmann

File under not-shocking-at-all news: the former location of beloved neighborhood beacon Bar Matchless (561 Driggs Avenue) is slated to become condos. Developer Bi Hang Cheng has filed permits for a six-story eight unit building to go up in place of the former live music bar. No word on whether the apartments will be rentals. Cheng paid $4.45 million for the building back in April, after Matchless fought closure (and lost the battle) in January.

Since then, the building has remained empty and the facade consumed by graffiti. The developer has not yet filed demolition permits, so the building still stands. For now.

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Pizza, Politics and Floodplains — The Hook-up (7/13)

We Scream for Vegan Pizza via AM New York

Happy Friday, Greenpoint! This week, in an effort to find the best vegan pizza in the city, AM New York landed in Greenpoint, at Screamers.

Meanwhile, Councilman Antonio Reynoso, who represents Williamsburg, and parts of Bushwick, has endorsed Cynthia Nixon for Governor of New York.

And, according to Patch, all of North Brooklyn’s new construction may be running a wet and wild risk, since North Brooklyn’s coastline is prone to flooding.   

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24-hour Climbing Gym Coming to Greenpoint Next Year

1 Nassau Avenue. Rendering via Cayuga Capital
1 Nassau Avenue. Rendering of the new climbing gym via Cayuga Capital

An old warehouse on the corner of Nassau Avenue and North 14th Street is slated to become a climbing gym, according to real estate site The Real Deal. Vital Climbing Gym, a chain based in California, has signed a 15-year lease on the 31,000 square foot space and plans to build it out and extend the square footage with a working rooftop. Apparently they are planning a 24-hour full-service gym, and expect it to be open by next summer. This will be the gym’s first location on the East coast.

The building was built at the turn of the 20th century, and originally housed a metal manufacturing company. Continue reading

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Docking, Driving, Building and Borrowing — The Hook-up (6/8)

Williamsburg car-share sites dedicated to the DOT’s new pilot program. Via Greenpoint Post

Happy Friday, Greenpoint! Now you’re really living — because the Newtown Creek Alliance has announced plans for the construction and installation of a second Living Dock within Newtown Creek.

And if that doesn’t quicken your pulse, maybe the unveiling of a new staircase at the Bedford Avenue L station will. They opened on Saturday as a first taste of the MTA larger L-pocalypse repair work.

But, with more stairs comes fewer parking spaces. The city has reserved dozens of spots in Williamsburg as part of its car-sharing pilot program.

Speaking of sharing, Brooklyn Public Library cardholders can now borrow musical instruments for up to two months at a time!  Continue reading

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NYU is in the Pencil Factory, The BQX isn’t in the Budget, and NYC blames Airbnb for Rising Rent — the Hook-up (5/11)

BQXRendering_Greenpointers_Cadkin
Not Today, BQX

Happy Friday, Greenpoint! Say hello to our newest neighbor: NYU School of Medicine. NYU has signed a 15-year lease for nearly 17,000sqft of space at 74 Kent Street, and will open a physical therapy and imaging center.

While we will be getting NYU, we won’t be getting BQX. Mayor de Blasio did not include the project in his budget for the next fiscal year, and the city’s Economic Development Corporation also declined allocate funds for the Gentrification Express.

Speaking of big budget items, the former Greenpoint Mechanics and Traders Bank at 144 Franklin Street is on the market for $6.5 Million.

If that sounds steep, the city hopes you’ll blame Airbnb. A study from the city Comptroller finds that airbnb listings have driven rents in Greenpoint up about $100/month. The Comptroller also blames the company for rent increases and homelessness across the city, a very steep charge to level against New Yorkers who share their homes on the platform because rent is so high in the first place.  Continue reading

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You Can Go to Hawaii Or Palm Springs Will Come To You — The Hook-up (5/4)

The Springs
Gettin Tropical at The Springs via The Springs

Welcome to Friday, Greenpoint! Now that the sun is out, the news is full of all things Paradise.

First up, what’s better than Summer Fridays? An all-expenses paid trip to Hawaii. The Hawaii Tourism Board is now accepting applications for a week-long remote work-residency program exclusively for New Yorkers. 

If you can’t make it out to Hawaii, have no fear, there’s a new piece of paradise right here in Greenpoint. On Thursday, The Springs opened at 224 Franklin Street sporting Southern California vibes!  Continue reading

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Plans, Permits and Packages — The Hook-up (3/23)

A System Wide Meltdown Hit the G train hard! Via The Village Voice

The pace of change is swift here in the city, what with permits for new developments constantly being filed (like these for 85 and 87 Calyer Street), but this week, area residents are remembering the bygone gems of the early aughts, like Monkeytown, the performing arts paradise which began in a loft space at 222 Leonard street in 2003. (For those looking to relive the glory, Monkeytown may make an appearance in Mexico City later this year.)

Speaking of entertainment paradises — Newtown Creek! Really. The Newtown Creek Alliance’s long-term plan involves 85 projects along the waterway “that tie industry and recreation—without one compromising the other.”  Continue reading

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Church of the Ascension’s Parish Hall Gets an Unrecognizable Facelift

Rendering of 120 Java Street
Rendering of 120 Java Street via YIMBY

The Church of the Ascension (127 Kent Street) is one of Greenpoint’s oldest buildings, but its Parish Hall (120 Java Street) will soon find new life as residences. The Church sold the Parish Hall, and air rights for the building, in July 2015 for over 4 million dollars.

The Parish Hall at 120 Java in 2014 via YIMBY

The Parish Hall is not an original part of the church, but it still has significant history in the neighborhood, serving as a shelter during Hurricane Sandy, and as a headquarters in the Occupy Sandy relief effort. In the transition to apartments, the building on Java Street will triple in size and gain two stories, growing to accommodate 18 units. Each apartment will be approximately 1,300 sqft, and the building will offer “skyline views” from the roof.  Continue reading

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An Art Heist, An Environmental Vision and Another Hit and Run — The Hook-Up (3/16)

One of the paintings stolen from the Crozier Fine Arts Warehouse in Williamsburg
One of the paintings stolen from the Crozier Fine Arts Warehouse in Williamsburg via Brooklyn Paper

Happy Friday, Greenpoint, and welcome to the Da Vinci Code. There’s been an art heist on Bayard Street, and the NYPD has made an appeal for information from the public. The thief broke into the Crozier Fine Arts Warehouse in Williamsburg, and made off 6 Hudson River School landscape paintings worth a combined 1.7 million dollars.

Speaking of the River, this week, local community advocacy groups Riverkeeper,  Newtown Creek Alliance, Guardians of Flushing Bay and Perkins+Will teamed up to launch their Vision Plan for Newtown Creek and Flushing Waterways.

Newtown Creek Alliance is also part of a coalition of nearly 200 environmental groups that staged a rally this week to pressure Gov. Cuomo to ban single-use plastic shopping bags in New York State.  Continue reading

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