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Old 03-07-2017, 02:18 AM
 
31,927 posts, read 27,007,597 times
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Market rate units only.


http://ny.curbed.com/2017/3/6/148286...tal-oversupply
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Old 03-07-2017, 03:19 AM
 
186 posts, read 220,358 times
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Good, hopefully this will drive down rent cost. Its out of control and basically ridiculous the rents being charged for these places.
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Old 03-07-2017, 03:49 AM
 
Location: Brooklyn
1,510 posts, read 1,007,445 times
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So, you give me 1 month free and then come the end of the lease you slap me with an unconscionable increase? This don't mean anything in the long-term though. With the non-renewal of the 421-a program, less projects will be coming online in the future.
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Old 03-07-2017, 04:22 AM
 
Location: Between the Bays
10,786 posts, read 11,320,015 times
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I personally do not see the attraction of Downtown Brooklyn. I get that it has good transportation and is close to desirable neighborhoods such as Brooklyn Heights, Cobble Hill, Fort Greene and Dumbo, but to me it has a feel of an underutilized urban landscape with tons of distractions from the flow of its city grid. Just doesn't feel fluid.
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Old 03-07-2017, 07:21 AM
 
2,301 posts, read 1,887,699 times
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$3500 for a 1 bedroom. And at night it's homeless people everywhere. Pass.
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Old 03-07-2017, 08:31 AM
 
2,691 posts, read 4,332,053 times
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Quote:
Originally Posted by G-Dale View Post
I personally do not see the attraction of Downtown Brooklyn. I get that it has good transportation and is close to desirable neighborhoods such as Brooklyn Heights, Cobble Hill, Fort Greene and Dumbo, but to me it has a feel of an underutilized urban landscape with tons of distractions from the flow of its city grid. Just doesn't feel fluid.
Umm, you just answered your own question..."it has good transportation and is close to desirable neighborhoods such as Brooklyn Heights, Cobble Hill, Fort Greene and Dumbo"

Add to that, it has immediate proximity to places like BAM, Barclays Center, movie theaters (there's a new Alamo Drafthouse at Albee Square and it's pretty awesome. I must admit, I'm going there a lot now) and it's a stones throw to the BK museum. Also, downtown BK has added a swath of new retail. Fulton Mall isn't just Jimmy Jazz and wig stores anymore. It has major retailers: Centry 21, Gap, Banana Republic, MAC, Target, Nordstrom Rack, H&M, just to name a few. Also, within CityPoint there are more "retail attractions" coming including a massive artisan food hall, Dekalb Market, a Trader Joe's and a Whole Foods 365 store is opening up close by in Ft Greene. And let's not forget that it is quite literally a 10 minute commute to loathe FIDi and 20 minutes to midtown.

So while YOU might not see the attraction, the above makes it clear why many others do.

On a side note, I think the apartments will fill but it will be a slower process because of the price. If those $2700 studios were $2100, they wouldn't have an issue.
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Old 03-07-2017, 08:33 AM
 
2,691 posts, read 4,332,053 times
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Quote:
Originally Posted by jayden22 View Post
$3500 for a 1 bedroom. And at night it's homeless people everywhere. Pass.
Have you been to the area lately? Its not like that at all.
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Old 03-07-2017, 08:59 AM
 
2,301 posts, read 1,887,699 times
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Originally Posted by jad2k View Post
Have you been to the area lately? Its not like that at all.
I work there. After dark homeless are everywhere including inside the lobby's of banks. I'm afraid to get attached on my way to the train.
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Old 03-07-2017, 09:19 AM
 
Location: Gods country
8,105 posts, read 6,757,036 times
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Quote:
Originally Posted by jayden22 View Post
I work there. After dark homeless are everywhere including inside the lobby's of banks. I'm afraid to get attached on my way to the train.
I dont see why you would be afraid. When they propose just say no....
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Old 03-07-2017, 10:06 AM
 
2,691 posts, read 4,332,053 times
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Quote:
Originally Posted by jayden22 View Post
I work there. After dark homeless are everywhere including inside the lobby's of banks. I'm afraid to get attached on my way to the train.
Ok we clearly have different experiences...I'm a 5'4" woman and have not had any issues in that area after dark. I've gone to the Alamo movie theater many times now- usually evenings on the weekend because the brunch hour shows are always sold out. My boyfriend's apartment is on Court Street so I'm in the area a lot besides just going to the movies. There is one persistent "homeless woman in the bank lobby" inside of Chase on Court St and that McDonads on Fulton and Flatbush always seems to have people loitering- probably because it's 24 hours- but besides that, I don't see "homeless people everywhere" especially not in or around the new developments.

Where are you encountering all of these vagrants? I'm genuinely curious as to where they are loitering.
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