Crain’s reports today that over the last nine months condo sales at One Brooklyn Bridge Park rank as the second highest in New York City. That’s partly due to price reductions the report says:
Crain’s: Similarly, massive condo conversion One Brooklyn Bridge Park in Brooklyn Heights—a former Jehovah’s Witness warehouse—also went through a price correction. There, the cuts varied from just a few percent to as much as a 30% discount, depending on the location of the apartment in the 438-unit building. Prices for the apartments, which range from humble studios to three-bed, three-bath penthouses, range from $425,000 to $7 million. The opening of two portions of the Brooklyn Bridge Park, which is basically the building’s backyard, also helped lift sales, noted Rachel Poggi, director of sales for One Brooklyn Bridge Park.
“The park is a huge plus for the building,” said Ms. Poggi, adding that One Brooklyn Bridge just recently reached 55% sold or in contract.