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October 16, 2006
Lots of Deets About Meier's On Prospect Park
Lots of details in the recent issue of Multi-Housing News about Richard Meier's On Prospect Park project. The 114 units will range in size from 962 to 3,408 square feet (including seven penthouse units) and come equipped with 4-inch oak plank flooring. In the high-tech department, the apartments will feature Intellikey entry door hardware and are outfitted with Home Integrated Technology Network. Not surprisingly, brand names that will appear on kitchen appliances include Subzero, Gaggenau and Miele. There'll be a public space featuring a "WiFi Internet bar". Corcoran supposedly has the listing but there's nothing on the website yet. According to the developer, prices will be around $1,200, as predicted. Curbed reported earlier this month that the grand opening of the building will be October 26; something the developer isn't rushing to advertise but that Curbed picked up on last week is that the ceilings are less than nine feet high. Can anyone verify? GMAP
Meier Designs 15-Story Condo Community [Multi-Housing News]
OPP Opening October 26 [Curbed]
Meier Unveils New Name, Preview List [Brownstoner]
Photo by Alex Terzich
Comments
they don't look high from the street. the top units facing prospect park will have a hell of a view of the long meadow though.
Posted by: anon at October 16, 2006 11:53 AM
3408sqf @ 1200USD would be 4.089.600USD for one condo uit.
Any condo ever sold at that price in Brooklyn - apart from Dumbo?
Posted by: Anonymous at October 16, 2006 11:53 AM
Yeah, that has to be a typo. There is no way someone will pay $4MM for a condo in that location. You can get a beautiful townhouse for that price!
Posted by: Eryximachus at October 16, 2006 12:54 PM
You could get *two* beautiful townhouses for that price in Park Slope!
Posted by: Bottle at October 16, 2006 1:42 PM
you buy 4 mercedes for the price of a maybach but it doesn't stop those people from doing the impracticle thing and buying the maybach.
Posted by: Anonymous at October 16, 2006 2:01 PM
I dunno...what did Brownstoner say the Clocktower apartment was going for in DUMBO? Way more than this. This is comparable, a pretty unique thing with a ridiculously great view. I can't afford it, but I'm sure someone out there would be happy to.
Posted by: renogirl at October 16, 2006 3:07 PM
I totally agree with the 2:01 poster. I am willing to bet there are a one or more individuals out there who would be willing to spend $4+ million to live in a "glass house" overlooking prospect park.
Posted by: Anonymous at October 16, 2006 3:09 PM
Thi$ building ha$ Richard Meier'$ name all over it! No wonder i$ $o expen$ive!
Posted by: Joel at October 16, 2006 3:19 PM
Having lived just up the block from these and knowing the neighborhood a touch, $4 Mil seems way high. Not just b/c of the occasional gun shots in the area either. Underhill and Washington are not aesthically pleasing, lack nice amenties (through improving dramatically in that regard), and GAP is just a very busy/unappealing intersection. Curious to see what the final sales price is.
Posted by: Big D at October 16, 2006 3:20 PM
I'd be willing to bet on any address on Plaza. With Vanderbilt and Underhill developing fast, and $ and planning paid to both Eastern Parkway and GAP itself Plaza Street and Eastern Parkway are going to be dramatically nicer to live in. Especially if you compare their feel to AY or the way 4th ave. looks to be shaping up.
Posted by: Bkfree at October 16, 2006 3:52 PM
It's not the location that has anything to do with the pricing one way or another, it's the architect. And people ARE paying twice as much, in Manhattan and in Brooklyn, simply to live in a building designed by a major architect. There was a recent article about it. Some folks have money to burn for stuff like that, and they do get to spend it however they choose.
Posted by: Anonymous at October 16, 2006 11:35 PM
I should have worded it differently - it's the architect more than the location on THIS building that makes the price high; I of course didn't mean that applies to every building.
Posted by: Anonymous at October 16, 2006 11:37 PM
There are a lot of emptynesters out there who want to retire to a nice place after they cash out of their homes in CT or NJ. They want a full service building with elevators in Brooklyn. There are more of these people than we think.
Also, I have been in PH for 4 years now and still waiting to hear the gunshots.
Posted by: kulli at October 17, 2006 9:36 AM
If you think PH has a gunfire problem, move to nice neighborhoods in LA, and you'll hear it quite often - I know, I lived there for years.
I've been in brooklyn a couple of years now and have never heard gunfire. Not once. It's kinda weird, actually, how Angelenos are more or less complacent with it.
Posted by: Anonymous at October 17, 2006 10:33 AM
Me too, 10:33. I lived in L.A. for a decade all through the 90's and even in my upscale neighborhood we'd hear gunshots occasionally, and at least once a month we'd get those helicoptors with searchlights circling really low. As for Brooklyn, I've lived here 3 years and have not heard one single gunshot. Makes me wonder where these timid people who are scared of black people came from, before they moved to NYC. Ironically this week I've been noticing the worst crimes by teen thugs making the headlines lately are committed by spoiled, entitled middle class white kids. Like luring then chasing a gay man into traffic putting him in a coma, and another pair of real winners cutting, disemboweling, kicking and spitting on a teen whose bookbag they grabbed. Nice.
Posted by: Anonymous at October 17, 2006 1:09 PM
i don't know why you call those white kids in sheepshead bay middle class. white doesn't = money. they might be assholes (not to mention murderers, or at least manslaughterers)but they weren't spoiled, privilaged kids...
Posted by: Anonymous at October 17, 2006 5:18 PM
The issue with PH isn't location or even crime...it's schools. PH happens to be part of a district where a high percentage of kids are on lunch programs...a key indicator of neighborhood demography...
Plaza St is great...and so is PH...but the schools just aren't there. Same apts across the park are 75K more--although clearly the RM building will give a boost to the prices on the east side.
Posted by: anonymous at October 18, 2006 3:56 PM
$4 Million? The price range for the building is $790,000 to SIX MILLION DOLLARS!!!
Source: http://www.nypost.com/seven/09282006/realestate/on_prospect_park_realestate_adam_bonislawski.htm
Posted by: steveo at October 18, 2006 10:03 PM
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