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1 BBP 20% occupied, including renters

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
caught this in the post thing on Curtis Martin... "Out of 438 units, only 30 percent are occupied. And that includes some renters. The developer, RAL, released some units for rentals last July." I think we can officially call the building toast...
Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

Darn, typo (it rejected it the first time, and I went to quickly).

Title should read 30%, not 20%

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Response by apt23
about 17 years ago
Posts: 2041
Member since: Jul 2009

where is this building??

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

1 Brooklyn Bridge Park? Joralemon and the east river, brooklyn side. They claim Brooklyn Heights, but you have to cross under the bqe. Closer to Columbia Heights in my book...

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Response by tricks73
about 17 years ago
Posts: 27
Member since: Jun 2008

By my calculations the % in the title of this thread is closer to the truth than The Post...
Closed: 75 / 438 = 17%
Rented: would need to be 57 units to get to 30%, but they only released 25 sponsor units and I haven't seen them flying off the shelf at $40-55/sqft since they came on in May. Heck some of the investor owned units have been sitting on the market gathering dust at $38/sqft. My guess is they got half the 25 rented tops - 87 / 438 = 20%

And I think nyc10022 means Columbia St Waterfront District not Columbia Heights (AKA primest of prime Brooklyn Heights)

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Response by samadams
about 17 years ago
Posts: 592
Member since: Jul 2009

yeah is sad but I dont see how they even have 30 percent

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