Potential Opportunities
Monthly Archives: June 2010
Family-Sized, Part II
Earlier this month we talked about our commitment to apartments that are livable in size–enough room for privacy, but not so much that there’s no sense of community. Well, it turns out that others of our colleagues are embracing the same philosophy. The New York Times reported this weekend that family-sized apartments are on the [...]
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Brooklyn Heights Wants to Be UWS (BHB) Over 9,000 Homes Sales Delayed in NY (Real Deal) Condos Fetch 25% Less Than ’08 At Auction (Crain’s NY) Large Apartments Are the Rage in New York City (NYTimes)
Opportunity of the Day: 183 Columbia Heights
183 Columbia Heights is a rare find: a beautiful, well-maintained building that’s perfectly positioned for reinvention. One of the things we like about it is its flexibility: the layout can be tweaked to an owner’s delight. We’re talking about spacious units, with three bedrooms and two baths, in what is arguably Brooklyn’s most desirable neighborhood. [...]
Stalled Development as Sculpture
What should be done with the hundreds of stalled development sites around the city, areas cleared and waiting for new buildings to sprout? One company has a playful idea, to insert recyclable, sculptural architecture on the spots. “Owners and developers are spending money every day to cover these idle sites, and people are hesitant to [...]
Going Green, Selling Green
What’s the most important sales feature of a nearly 5,000 square foot waterfront home on Long Island? Not the bay views, as you might think, but the “wind-resistant sliding French doors… foam insulation board…[and] insulated roof designed to last 40 years.” Those are the salient points that the owner–now the seller–wants to push in marketing [...]
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Pier 1 Repairs Continue (Brooklyn Paper) Does the Market Need a Pep Rally? (WSJ) Market Makes for More Renovations (NY1) Slumping Market Toughens Buyers (Real Deal) Freddie/Fannie Foreclosing Every 90 Secs (RE Bloggers)
Opportunity of the Day: 259 Pacific Street
While the outside of this perfectly located property, 259 Pacific Street, doesn’t look like much, we have very high hopes for the inside. We’re thinking of this as a two-family, and because of its condition, it’s amenable to a number of configurations and sizes (you can check out some of these potential layouts on the [...]
Opportunity of the Day: 259 Pacific Street
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