Price Cuts at One Brooklyn Bridge Park
On the heels of the news that the developer of One Brooklyn Bridge Park has started renting out a small portion of the 300 or so units that remain vacant comes word of price reductions at 15 apartments in the fancy waterfront complex. The affected units range from a 589-square-foot one-bedroom that started out asking…
On the heels of the news that the developer of One Brooklyn Bridge Park has started renting out a small portion of the 300 or so units that remain vacant comes word of price reductions at 15 apartments in the fancy waterfront complex. The affected units range from a 589-square-foot one-bedroom that started out asking $500,000 last December before dropping to $415,000 in June and then $325,000 last week (35 percent off peak!) to a 2,295-square-foot four-bedroom that started out at $2,750,000 before going to $2,295,000 and now $1,995,000. Are these levels starting to get interesting yet?
Renting 1 BBP: ‘We Would Like Things to be Different’ [Brownstoner]
Rentals, Price Cuts and Loan Extension at 1BBP [Brownstoner] GMAP
Levine Talks One Brooklyn Bridge Park Closings [Brownstoner]
Bodhi – you can get there by just walking down Jorelemon and underneath the BQE overpass…it is right there (did you ever go to the pool lady a couple of years ago – it is the same walk). Perhaps a 15- 20 min. walk to trains depending on which one you need. I like the location, but the constant construction, and the dirt and dust from the BQE need to be taken into account.
The designs are terrible for the clients that I know that can afford it.
The square footage is wasted on these giant bathrooms.
I’d love to see an apartment with the following rooms:
= bedroom
= smaller guest bedroom
= living room
= office
= dining room
= 1 or 2 (max) bathrooms.
This is an elegant apartment for a couple that may have a kid in a few years, or that has regular long-term visitors.
Instead, the space that could go to the office and living room is occupied by 2-3 excess and useless bathrooms with double sinks, separate showers and soaking tubs, etc — the floorplans are very wasteful and at 700/sq ft, why spend $150k on very marginally useful space.
The headline stats in Streeteasy are actually quite amazing for this one. Average previous listings (311 of them) was $965 per square foot and the average of the 30 current listings is all the way down to $657. Now I am sure that those on offer aren’t the most desirable and there are probably some one off buys (the Stribling Penthouse) which distorted the previous numbers, but that is a significant change. And from guys who seemed pretty obstinate in their public statements earlier in this cycle.
Interesting to see that they’re renting out the studios at above 2K…is that normal for BH?
The 2 bedroom apartment for 815K might be apealing to someone…
notice the correlation between the price cuts and the Forte debacle? The dam just broke!
this prob sounds silly since i live in brooklyn heights, but how do you reasonably get there?? i was looking at it from the promenade this weekend, and the only way i could see was to go down to dumbo and then over? or all the way over to atlantic…is it convenient to anything? can someone explain to me how to get there? i also saw that floating artists waterpod when i was looking and thinking of checking it out..
390 for a 1-bedroom is pretty damn appealing. Is that unit eye-level at the BQE, or what?
the common charges are very high in this bldg