44 Berry Street Website Launches
The new rental development at 44 Berry Street (and North 11th Street), which Curbed first profiled back in April, is about ready for prime time. A tipster just alerted us to the fact that the website for the 42-unit rental project has launched. (The developers paid $12,650,000 for the 44,000-square-foot former seltzer factory a year…
The new rental development at 44 Berry Street (and North 11th Street), which Curbed first profiled back in April, is about ready for prime time. A tipster just alerted us to the fact that the website for the 42-unit rental project has launched. (The developers paid $12,650,000 for the 44,000-square-foot former seltzer factory a year ago.) We bet this’ll be nice. The rendering, at right, looks pretty slick, don’t you think? Plus, we think a converted warehouse should have strong appeal among all the new-builds in the neighborhood.
44 Berry Renovation Revealed [Curbed] GMAP P*Shark DOB
WBer – do you know a site where you can research the history of old industrial buildings? My friends live in 550 Driggs, a huge place that had its own boiler house with a smokestack and boilers as big as a bus. They are trying to find out what used to go on there.
Rendering is at left, no?
What neither image shows is the Fedderization of the building, which has been ongoing for a few months.
This was originally constructed in 1919 as the New York Quinine & Chemical Works.
Well let’s see. With 42 units and the purchase price, before any remodeling or construction takes place you’re looking at a $301K investment in each unit. Given the state of the economy and the rate of real estate prices falling, these should be upside down on a sales perspective before the work orders are even filed. So, realistically what can these rent for long term once unemployment surges, other wages fall, and every condo/coop in the Burg and the northern half of Brooklyn are competing for tenants. Look for Home Depot fixtures, Lowe’s cabinets, formica countertops, and a marketing strategy using words like “loft-like living space” – ie the gritty cheap barren look – coming very soon to 44 Berry St.
Now where will I get my fork lift repaired?
i just clicked on their link. why do real estate developments have the tackiest, most cumbersome, convoluted websites EVER!? i was only curious about the prices of these rentals. i dont feel like have to look at a ton of other irrelevant crap. it’s not just this specific one, it’s like EVERY SINGLE developments site!!!
*rob*