I had gotten so used to seeing mediocre buildings going up in the hood that I was surprised to see the progress so far at this development on Wilson between Melrose and George. I could tell the building would have large windows and is aligned correctly with the street wall — a good sign this isn’t another “Fedders” dump. The developer gave me some info, and I’m happy to report it’s way better than just okay.
38 Wilson Avenue will have 15 one-bedroom condos all around 600 square feet, each with “custom” kitchens and bamboo floors. The three fifth-floor units will have private terraces and roof decks with unobstructed views of the city. There is a garage with remote control access for eight of the units — likely to comply with New York’s unprogressive outer-borough zoning — but those with cars will be appreciative. The facade will incorporate metal, wood, glass, and even a green wall for an understated and tasteful modern look attempted but not yet achieved in Bushwick.
Prices start at $319,000 with completion scheduled for March 2009, but a model apartment will be ready to check out in a few weeks.
For more information, email Ari Heckman at Cayuga Capital Management.
Justin October 22nd, 2008 at 3:30 pm
Wow…. that actually looks pretty good. I’m kind of shocked given all the schlock that’s been built out here.
Ingo Hart October 22nd, 2008 at 4:40 pm
They didn’t airbrush out the crappy vinyl siding buildings on either side. I think that’s kind of classy.
Ryan October 22nd, 2008 at 6:03 pm
that is shockingly nice for bushwick.
Bushwick Girl October 23rd, 2008 at 7:24 am
Oh great, just what we need…more gentrification! More unaffordable homes amidst an already great community! Sheesh, go back to Williamsburg, hipsters and yuppies. Leave Bushwick alone!
Ilana October 23rd, 2008 at 1:42 pm
would you prefer a vacant garbage covered lot? this is good for the neighborhod not bad. and its not even super pricey
Justin October 23rd, 2008 at 1:55 pm
Yeah, it was such a “great community” of criminals, welfare trash, and general delinquents who leave trash strewn all over the streets before the “evil hipsters” arrived and made it all bad, with things like restaurants. Why would anyone want to improve that with decent rental and condominium housing that could house people who support restaurants, services, and cultural offerings? Sure, there were good hard-working people, and still will be, that’s how rent stabilization works FYI. And by the way, you know what this new building displaced and marginalized? A vacant lot that had been empty for 20 years.
MoyJoy October 23rd, 2008 at 4:43 pm
“15 one-bedroom condos”
Sounds like singles city. ;o) They should market that. LOL!
Bushwick Girl is lame.
Jeremy Sapienza October 23rd, 2008 at 6:09 pm
New expensive housing means less pressure on old affordable housing. Now that Vito Lopez has killed the profitability of this new housing, a lot more old affordable housing will be gutted and turned into old expensive housing. Good work, anti-gentroids — you have hustled your own way out of the city even faster. Unintended Consequences: 1, Whiners: 0
electricgreek October 23rd, 2008 at 6:41 pm
Let’let Bushwick girl tell us what was so great about bushwick before the evil hipsters showed up ..
floyd October 24th, 2008 at 9:09 am
i guess this all depends on whether or not people can get mortgages, but even if this place ends up going nondo, (which, i am kinda assuming it will, unless they are SIGNIFICANTLY lower than w’burg prices) i have to admit its better than a trash strewn vacant lot.
mopar October 24th, 2008 at 12:36 pm
Hey, the WSJ has a story today about people snarking on real estate blogs. And agents who post in disguise.
“And while agents worry about negative posts from rivals, sites say agents rarely comment in disguise to talk a property down. Instead, agents usually try to shill their own listings. “Agents come on and try to list 20 different comments under 20 different names, all saying positive things,” says Adam Koval, SocketSite.com’s editor in chief.”
I can’t believe they missed our own little “hep of poop” experience! Damn.
http://online.wsj.com/article/SB122481699525965769.html
ricmac01 October 24th, 2008 at 3:07 pm
Yes! If there’s one thing we learned from realtors Ms. Corona and Big George is how to comment multiple times using multiple names.
mopar October 24th, 2008 at 5:16 pm
BushwickGirl, it’s ignorant to think hipsters are the main market for these condos. You must be unfamiliar with similar buildings at the Myrtle-Wyckoff and Dekalb stops. Jeremy, the market for fake “luxury” lofts in Brooklyn is going soft, and that is likely to mean fewer Apts & Lofts-style condo conversions of tenements in Bushwick. It has nothing to do with Vito Lopez or affordable housing programs.
Jeremy Sapienza October 24th, 2008 at 7:35 pm
Soft right this minute, unlikely to be soft forever more. When demand returns, old tenements will be condoed instead of the new construction that might have been completed in previous years, thanks to the extension of the 421-A exclusion zone in most of Bushwick.
mopar October 28th, 2008 at 5:12 pm
Why? Aren’t the Apts & Lofts style condo conversions of old tenements also subject to the 421-A exclusions zone tax and the requirements for affordable housing? I saw one once and the property tax was low for years, then ballooned. Seemed a bit unstable.
Jeremy Sapienza October 28th, 2008 at 5:45 pm
I’m pretty sure 421-A is for new construction only, but I could be wrong. The abatement makes it so that the taxes are affordable, because the real taxes are astronomical — I guess it’s expected that inflation will make the higher rates more affordable once the abatement period is over. I’ve been told by developers that the extension of 421-A exclusion means new construction is dead in the water in most of Bushwick, whether there’s a market for units or not. I guess we’ll see what happens.
IC Student November 3rd, 2008 at 12:24 pm
ok, so i just wanted to say soemthing.. you see bushwick used to be a neighborhood of families…. sure there were crimes, but not everyone there was/is a criminal. Most of the people that live here are hard workign families that work hard just to make enough to pay the rent. Take my father for example, this man sometimes works up to 80 hours (double shifts) jsut to support our family taht has two kids in college, no welfare, not gov’t (cept for college financial aid) help. However, luxury condos suchs as these bring up the property value, which force many of these hardworking families out of the neighborhood and are replaced with hipsters.
The neighborhood that was once one of families is slowing losing the image it had since before the minorities moved in (when the europeans were still there). Now im not racist or anythign, but i do have a sour taste for hipsters. Why? Well, most of the ones ive met, often consider themselves elitest and believe that there are no good places in bushwick apart from “morgantown.” All most of them do is drink. There are soem many other places to live, why in bushwick?, i gues tahts just how things work. Ill sure will miss the nieghborhood a few year from now.
I’ve been to roberta’s. Sure it has “style” but apart from that its nothing special. Have any of you ever been to tony’s up on knickbocker and dekalb or denny’s on montorse and bushiwick or maybe even jerry’s in grand st? Prolly not. Im most liekly wasting my time writing soemthign nobody will read, but i just wanted to share my thoughts.
IC Student November 3rd, 2008 at 12:26 pm
oh an btw, idk about you guys but $319,000 is extremely pricey for us. We would never even consider paying that much. Also the area where the condo is being put up is not the best, you’ll just see the side of a building across the street.
chooochy June 29th, 2009 at 6:54 pm
Are these FHA approved yet??