Rents in all of Brooklyn ticked up 2% in May 2012 and are a robust 10% higher than one year ago, according to the Brooklyn Rental Market Report released Friday by brokerage MNS. Brooklyn Heights, meanwhile, remained relatively flat from May 2011 to May 2012. Park Slope showed the largest jump year-over-year gains, with a […]
Tag Archives | residential real estate
Candy Factory Hits Sweet Spot: 20 Henry Street Two-Thirds Sold
When the condo project at 20 Henry Street hit the marketplace in February after years of delays & drama, asking prices at the former Peaks Mason Mints building (known as the Candy Factory) were between $450,000 and $2.56 million. That comprised studios up to 4 bedrooms, including 24 lofts (among them, six $2M+ penthouse units) […]
Quote Of The Day: ‘Brooklyn Rents Are Officially As Crazy As Manhattan’s’
A New York Post story on Sunday titled “The Rentals Are Rising” takes a look at 10 new upscale residential buildings that have recently begun leasing. The properties: Manhattan’s 100 John St., 116 John St., 290 Mulberry St., 247 E. 28th St. and 666 West End Ave.; Long Island City’s 4615 & 4540 Center Blvd.; […]
Brighton Beach $14M ‘Mansion’ Listing Humbles Heights’ 2012 Multi-Mill $ales Records
Take that, 36 Garden Place. A 9,200-square foot single-family home at 2134 Ocean Parkway bordering Gravesend and Sheepshead Bay has trumped Brooklyn Heights as the double-digit million dollar borough capital. The “palatial” property has an asking price of a whopping $14 million: $4 million more than Brooklyn’s previous record-setting Garden Place listing, which hit the […]
One Brooklyn Bridge Park Among NYC’s Top 10 Condo Sales in 2011
Property Shark compiled a list of the 10 top-selling developments of 2011 earlier this year, which shows the boroughs dominating Manhattan—with condo buildings in Brooklyn and Queens taking the first four spots. According to the realty site, “Two years ago Manhattan was dominating this list; in 2011, six out of the top 10 Buildings with […]
75 Clinton Street Offers Promotional Video For New 74-Unit Rental
The 74-unit, nine-story 75 Clinton Street, which shifted from condos to rentals in late January, has released a 2-minute promotional video, accessible here on YouTube. Posted by Milestone Property Management, the clip showcases numerous neighborhood destinations, including Baluchi’s, Cadman Plaza Park, Brooklyn Heights Wine Bar, Heights Cafe and Henry’s End. The video also offers interior […]
Heights Has The No. 2 Most Expensive Block In Brooklyn
The Epoch Times has been scouring New York City for its “most expensive blocks,” based on median sale prices with at least three home sales over the last two years. Research covers January 2010 to December 2011. In Brooklyn, the newspaper’s March 27 survey comes up with three Park Slope blocks in the top 10, […]
10 Days After Closing, 161 Columbia Heights Returns To Market As Rental
The Watchtower residential property at 161 Columbia Heights that closed March 20 after a $3 million sale to investment and management firm Sugar Hill Capital Partners, is back on the market less than two weeks later as a rental. According to Curbed, after a quick renovation, the newly named five-story walk-up “161 Heights” offers
Seller Of Record-Breaking 212 Columbia Heights Relocates To One Brooklyn Bridge Park
Former literary agent Nina Lorez Collins—who recently sold her Brooklyn Heights home at 212 Columbia Heights for a (then) record-crushing $11 million—has lapped up a 3,482 square foot “townhouse-style” condo with private pocket terrace at One Brooklyn Bridge Park. Two days after closing the sale of her 7,000sf Columbia Heights townhouse, the publishing honcho paid […]
Quote Of The Day: ‘Brooklyn is similar to London or Paris’
The Financial Times House & Home section ran a thoughtful story last week that compared and contrasted residential buying in New York City versus London. It began, “New York and London remain the grandes dames of the property world. The super-rich still want to park their money in these two ‘old world’ metropolises.” Further down, […]
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