Market Slump? Not At The Mill Building
If the Brooklyn market is heading into a slump, one buyer at Williamsburg’s Mill Building didn’t get the memo. Earlier this month, someone stepped up to the plate to pay a cool $2 million for a 2,173-square-foot unit on the sixth floor of the building at 85 North 3rd Street. (The apartment does have a…
If the Brooklyn market is heading into a slump, one buyer at Williamsburg’s Mill Building didn’t get the memo. Earlier this month, someone stepped up to the plate to pay a cool $2 million for a 2,173-square-foot unit on the sixth floor of the building at 85 North 3rd Street. (The apartment does have a terrace too.) The sponsor had held this unit as well as a smaller one next to it (#606) until a couple of weeks ago. Both were snapped up at asking price in a matter of days. This happens to be one of our favorite condo buildings in Williamsburg, so we’re sure it’s a sweet pad, but $920 a foot? Yowza. How’s that common roof deck coming along, anyway?
85 North Third Street, Unit 605 [Corcoran] GMAP
Mill Building Closings Have Begun. Really. [Brownstoner]
Mill Building Gets TCO; Closings in 30 Days [Brownstoner]
Condo of the Day: The Mill Building [Brownstoner]
williamsburg is fine but the biggest problem is the toxicity of the neighborhood. The Newtown Creek oil spill to the north, the former industrial plants on Kent Avenue (some of which were radioactive). Don’t think it’s too healthy in the long run.
you sound sexy, 6:22
Gosh, the moped gang outside The Levee scared me so much I almost peed my pants. Crime is up? As compared to when the crack whores were blowing truck drivers outside my building? Back in the good old days when the junkies would pry the lights off my car to sell for drugs? Cops? There weren’t any cops patrolling the streets then, and they wouldn’t come if you called (“You’ll have to come down to the station if you want to file a report.” “Um, what about collecting evidence? “Ha, ha, ha.”) I moved there because the buildings were low and you could see the sky, so I hate most of what’s happening physically (and if one more Asian restaurant opens on Bedford I’ll scream), but Williamsburg is still just fine. A very good food neighborhood, by the way: Bedford Cheese, Fette Sau, Spuyten Duyvil, Oslo. World class. We still deserve a better supermarket, but I presume that will come. Believe me, I’m not trying to convince anyone to move there. In fact, please, go away so I can get on the L train. And as for The Mill Building, at least it didn’t get torn down. Too bad about all the horrible architecture going up around it.
The two stars Peter Luger held on to were mercy stars. That food is vile.
“The restaurant scene in Williamsburg is SCARY strong.”
Yes, if you’re comparing it to Inwood, I’d say you are correct.
LOL-few, decades, centuries. Can you top this?
“Williamsburg has a few good years left in it.”
I guess I have higher standards than that.
I think Park Slope has decades of good years left in it. If not more.
Peter Luger was downgraded to two stars last week.
“Sounds like you equate “better” with soul-less.”
Hardly. Maybe its just that you have a very narrow definition of soul.
Do you have to be a poor starving artist to have soul?
Or can you be a successful one with a enough bucks to but a condo? One of my new neighbors is a successful photographer that moved out from the city for more space. He is very artistic.
I collect art and bought for the space to display it. Are all of the new galleries hurting the neighborhood? Come on now, I think not.
I consider myself one of the people that helped make it what is by patronizing the area for years, before moving there. And encouraging friends to make the trip for the art scene and restaurants.
I agree that neighborhoods can get ruined, it happened to West Broadway in SOHO. But the new residents love it, so good for them.
Williamsburg has a few good years left in it.
The biggest threat is guys like Badillo and Quadraid that are trying to game the system for their own profit. The current zoning should stay. Tall at the water, short everywhere else. I am a big believer in renovating and preserving existing buidlings as much as possible. That is why the Mill stands out.
Toll has no idea what they are doing. Their buidlings are completely out of character with the nighborhood. It is that type of development that maybe we can agree is hurting the area and soul-less.