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?
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.
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 →
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.
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 →
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.)
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.
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.