Condo Plan Approved at Cobble Hill Towers
We’d received some tips over the last few days and now we have confirmation via a press release that the condo plan for Cobble Hill Towers has been approved by the State Attorney General. (We reported that the red herring had been circulated last June.) As you may recall, the longtime owner of the historic…
We’d received some tips over the last few days and now we have confirmation via a press release that the condo plan for Cobble Hill Towers has been approved by the State Attorney General. (We reported that the red herring had been circulated last June.) As you may recall, the longtime owner of the historic nine-building complex on Hicks Street between Baltic and Warren Streets entered into a joint venture agreement with The Hudson Companies, developer of J Condo and Third & Bond (among others), to upgrade and gradually convert to building to condominiums. Current renters will get a shot at purchasing their units at a discount: $230,000 for a studio up to $595,000 for a three-bedroom. No pressure though: Residents who do not buy can continue to rent. As for market-rate pricing, a couple of listings are up on Corcoran now: This one-bedroom for $350,000 and this two-bedroom for $500,000. In related news, a number of upgrades have already happened at the building, including the renovation of several hallways (photos on the jump) and the restoration and mechanization of the gates that lead to the courtyards.
Cobble Hill Towers Condo Plan Drops [Brownstoner] GMAP
Hudson To Partner on Cobble Hill Towers [Brownstoner]
The building looks good on the outside and is one of my favorites, but I was very disappointed at the inside, very small.
They are really just good for a young person just starting out, but not for an established older person. There is not enough cabinet space in the kitchen, and closets are a joke, but then these buildings were built for the needs of the people that were poorer back in the day, not us…………..
Those apts. are tiny for that kind of money. I’ve always loved the look of these buildings though, but to live ON the BQE – no thanks.
Keep your windows closed or you’ll be breathing the 24/7 exhaust fumes of trucks and cars from the BQE. And I don’t care what the thieves at Corcoran claim about the “1 bedroom” “crash pad,”: under 600 sq ft is a studio. Like I always say: “they don’t call them “brokers” for nothing!
Nawlins (New Orleans) living?
***Bid half off peak comps***
The 2 bedroom looks ultra-tiny. Both apartments seem pretty dreary to me. I like that little rom of houses next to this and the way these buildings look all uniform from the BQE but I don’t know if this would be a great place to live.
I would rather buy an apartment cheaper and un-renovated, that way I get to pick out what kitchen cabinets are installed, and bathroom tiles, not what the builder (owner) wants.
For that money, i do not want someone elses taste.
CobbleHill Towers is a walk-up, right?
That $350k 1br is tiny.
no need to pay the 50k. there were 3-bedrooms avail to rent even after the red herring went around.