Development Watch: 69 Berry Street
Last time we checked in on 69 Berry Street in Williamsburg (a.k.a. 128 North 10th Street), the building seemed near complete: it had most of its exterior, but still needed some interior work. Almost five months have passed, and from the appearance of the ground floor, it looks like the building still needs interior work….
Last time we checked in on 69 Berry Street in Williamsburg (a.k.a. 128 North 10th Street), the building seemed near complete: it had most of its exterior, but still needed some interior work. Almost five months have passed, and from the appearance of the ground floor, it looks like the building still needs interior work. But we spoke with Deborah Rieders, the sales agent from Corcoran, who said that they will open the model unit and launch sales beginning next week. The bottom unit, she explained, is reserved for the previous owner of the building and will be completed last. The six units, at under 1,000 square feet each, are floor-through one-bedroom apartments with two bathrooms and room for an office, which will run in the high $500,000s to the high $600,000s. This is one of two developments at North 10th and Berry from developer Essex Capital and architect KSQ. Ms. Rieders says the development is “not really one of these behemoth power buildings that were never quite right for the neighborhood,” but the neighborhood will decide that for itself. What do you think, Brownstoners? It’s not behemoth, but does it fit? GMAP P*Shark DOB
Development Watch: 128 North 10th Street [Brownstoner]
Development Watch: 128 North 10th Street [Brownstoner]
KSQ Architects [Official site]
That picture makes me seasick.
The way the windows open seems somewhat dangerous for any cat owners out there.
Everything has the same friggin’ price point.
Even at the height of the market, didn’t the developers think that MAYBE, just MAYBE they should diversify a little bit?
Not to mention the price point is stupid. If they cost this much to build, they paid waaaaay to much for their contractor… though, I’m assuming most of these new developments have (or will soon have) liens on them by unhappy, unpaid contractors. Not the best for trying to get a loan from the bank!
No idea. What would these sell for in Atlanta, Dallas, Chicago, LA? How much did they actually cost to build? Somewhere in there is your answer. Certainly nowhere near what they’re asking. I’m guessing by year after next about half to 1/3 what they are currently asking or less.