Kodachrome Building Open For Business
Bed Stuy’s most colorful development, 192 Spencer Street, is getting ready to launch its sales effort. Nothing’s up yet on the Developers Group website yet, but a banner went up earlier this week on the building and a stand-alone web site for the development is now up, albeit with limited information. We gushed about the…
Bed Stuy’s most colorful development, 192 Spencer Street, is getting ready to launch its sales effort. Nothing’s up yet on the Developers Group website yet, but a banner went up earlier this week on the building and a stand-alone web site for the development is now up, albeit with limited information. We gushed about the 47,000-square-foot project back in May, praising both the contextuality of the scale and the refreshingness of the design. Now for the big question: Will it sell?
‘Kodachrome’ Building Underpromises, Overdelivers [Brownstoner] GMAP P*Shark
Development Watch: Spencer Street Boomtown [Brownstoner] DOB
Somebody remind them that you need a C of O from the DOB to rent. You can look across the street at Mandy Brach’s epic fraud as well.
yess it will sell modern edgy fresh and moderitly priced don’t forget your in yuppy town what els can you ask for!
I Know A little about the project and besides the modern desighn wich i think is great the buyers will also receive a tax ebatment for 20 years as apposed to only 10 in greenpoint or clinton hill to me that is a huge selling point
I Know A little about the project and besides the modern desighn wich i think is great the buyers will also receive a tax ebatment for 20 years as apposed to only 10 in greenpoint or clinton hill to me that is a huge selling point
Actually i don’t know who would be dumb enough to buy in this location at this time. Banks will surely scrutinize the location of this project and good luck getting comps. I would actually have hope for the building if the developers group wasn’t involved everyone know’s they are the worst rated realtors with the worst reputation, it’s why they only have new projects as business, they never have any resales because the agents are misinformed and lack maturity. They have also promised things to sellers that they can’t deliver, reason they were fired for quite a few projects. Maybe if they sell for $350 a foot they can have hope of moving some units.
some commuting stats (i live 2 blocks away from those buildings):
– Myrtle/Willoughby to Midtown: 35mins
– Bedford/Nostrand to Wall Street: 30mins
– bike ride or G train to Williamsburg: 10mins
– bike ride or G train to Fort Greene bars and restaurants: 10mins
– cab ride from downtown: $15
To say this is like Bay Ridge is ridiculous.
wow…this is what Brownstoner likes in modern design? oughta tell ya somethin. Will it sell? Probably…I just hope they don’t build more garbage that looks like it. To me at least, it seems almost like an embarrassment to modern design. I’m probably alone.
1:53: “I have to believe that lack of proximity to a train other than the G has to impact the prices that can be got for these houses.”
I wish that idea were true for Greenpoint…
G train is great during rush hour. I take it every day to work and back from Bergen or Hoyt Schemerhorn to Nassau. Always a seat, runs a train every few minutes.
Off hours the wait can be long.