The best quote to walk away with..."Nostrand is the new Franklin Ave, after all"
“Hudson is very happy with the purchase and thrilled to continue developing in Prospect Lefferts Gardens, a neighborhood we love,” said Joseph Kohl-Riggs, the director of acquisitions at Hudson, in prepared remarks. “Transit access is excellent, with the 2 and 5 trains two blocks away and the new Select Bus on Nostrand Avenue. We’re also excited about the corner retail here—Nostrand Avenue is the new Franklin Avenue, after all.”
Phase 1 of the new residential development will include 170 apartments and Phase 2 will have 250, according to CPEX.
“We have been advising the family for more than 10 years and the timing for this transaction worked out perfectly,” said Mr. Leary in a statement. “Our clients were able to capitalize on the demand for new housing in Brooklyn. Prospect Lefferts Gardens has some of the best housing stock in terms of pre-war buildings in all of Brooklyn, but there has been little new stock added to the market. We have watched values and demand in this neighborhood consistently rise year over year.”
310 Clarkson rendering
8 comments:
We may have MORE Development ahead
One of the members of my coop board told me that 1934 Bedford and the house next door and I am assuming that it is 1936 are SOLD. The backyards? trees removed and trash is everywhere.
Another house directly at the corner of Hawthorne and Bedford has fewer and fewer lights on.
I will check the transfer in NYC GOV websites - Buildings and Finance.
Also considering a call to the Board of Health/Sanitation Departments. The filth is incredible.
You failed to mention that these new buildings are on lots that have already been studied and contextually rezoned.
Anon 12:25...my post wasn't about contextual or not. My post was about how many big deals are going down in the neighborhood.
None of these buildings upset my sense of proportion. They are indicative of how much our neighborhood is changing and how quickly.
Not everything is about zoning, btw.
Not to mention the fact that you're wrong. Nostrand Ave (the new Franklin Ave) has not been contextually rezoned. The Flatbush rezoning ended at Bedford.
308-354 Clarkson have been contextually rezoned to R7A. Hudson's 310 Clarkson, which includes the Nostrand lots, was built to R7A parameters using Quality Housing. The majority of the lot footage had already been contextually rezoned.
Ah Ha. That little tiny bit of R7A! So, who did it? Hudson?
Stop being anonymous so we can make you our resident zoning go-to. (Suki?)
I suspect the R7A comes with the requisite contextual requirements, encouraging shorter, fuller lot usage. Correct?
Here's a different perspective on urban growth:
"With housing production in New York City near the bottom nationally and building in its in-state suburbs almost nonexistent, it’s clear that the status quo is not working. When Bill de Blasio fails to solve the city’s affordable housing crisis – which his own chief planner has admitted he probably will – it may be time to consider appealing to a higher authority."
Seems to me that eliminating community input would be extreme, but I bet a lot of urban planners would agree with what this article is saying.
http://newyorkyimby.com/2015/03/community-control-is-destroying-americas-cities.html
"it may be time to consider appealing to a higher authority."
I don't believe in an interventionist god.
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