58 Met
Started by cj2008
over 15 years ago
Posts: 77
Member since: Apr 2008
Discussion about 58 Met at 58 Metropolitan Avenue in Williamsburg
hmmm, any thoughts on this new dev? It looks like they are marketing it in conjunction with 80 met. not sure what the differences are necessarily, but the common charges seem to be about half or so...
Looks to be about the same quality (which from most accounts is pretty high). It's on the same block, same developer, but smaller scale. Looks like starting asks are lower across the board, but I would have been surprised if that weren't the case at this point. Can't tell how many units there are, but must be fewer. Major differences as far as I can tell: more 1BRs, fewer family-sized units, 15 year tax abatement instead of 25. Unclear if they'll be sharing amenities, but that seems doubtful unless they fully integrate the condos, as some co-op buildings do when they're adjoining and have very similar styles.
I don't know about half-- look at 1 bdr around 700sf-- cc 500 at 58, 620 at 80
my understanding is the 58 residents will be permitted to use the ammenities at 80, but 80 has doorman staff and live-in resident manager
just came across this on curbed as well.
http://ny.curbed.com/archives/2010/06/24/80_met_spinoffs_step_into_the_williamsburg_spotlight.php#more
We toured 58 Met and 80 Met this past weekend. 58 Met is pretty much the same. Views aren't much. I don't think they have anything over 80 Met except the maintenance. I think the deals to be made are in 80 Met especially with the 25 year abatement. Maybe once 80 Mets sells out of a certain type of apartment (eg low cost 1 BR's) then people will then have to consider 58 Met.
When you were there did they mention anything about the fate of the 1 story brick bldgs across the street to the west on kent, they look semi-condemned, and could eventually be re-built higher and potentially block views
The buildings next to the rusting frame of a building? They dismissed the possibility of them being bought up and built up...too difficult to buy, then evict, etc. But in the end certainly STILL a possibility. There's a grayish commercial structure which seems semi-abandoned SW across Kent which they say is commercial and cannot be built higher. They did not say how the Domino project may block views from 80 Met (roof top and higher level apartments). Broker just invited me to do my own research!
Any news or thoughts?..This is not such a small building, to be sitting there with zero sales after now about 5 months. It's kitchens are small, ceilings only 9 ft, abatement only 15 years, monthlies only slightly less than 80 met (but you do get to use 80 met gym).
My bet is that they are steering buyers towards 80 met, and may make this rental
Steiner surprises again... chops at 58 met before 80 met. ~650/sq ft. Grabbing some popcorn to see how this plays out. So excited!
Interesting. Cuts not huge (4% to 10%). Given that 58 has lower ceilings, not too nice kitchens (I don't focus on that sort of thing, but tiny frig stands out), and only a 15 year abatement, 80 met is still probably a better purchase value assuming you thought the units were roughly comparable. My impression is that Steiner is just hoping people ignore the 15 year tax abatement issue.
Valid points on the fact that 80 met is the more desirable building - I'll throw in the doorman factor - good/bad depending on your view of security/privacy. What's interesting to me is the fact that the 600-650/sq ft range is where Mason Fisk and the Allan buildings (70 & 72 Berry) got done at a brisk pace. How the 58 units move will retest the demand for quality product at that price range in prime Williamsburg. Huge!
Good point about the comp -- and the Allan building also had ptac units which bugs some people about 58 met and 80 met. (Personally, I think the Allan was much nicer location, but it has no gym if that matters to people).
Same fridges in 58 and 80 Met. 58 Met does not include a washer/dryer. Otherwise identical finishes. Lower ceilings not a huge deal when we walked through. Better layouts on the 2 bedroom units at 58 Met. Good outdoor space available.
We asked about the use of doorman and were informed, vaguely, that we could use the 80 Met doorman for packages, etc., but there was clearly no formal plan in place when we visited. None of the units at 58 Met were sold, but it's mostly one bedrooms. Very few two's, especially compared to 80 Met. PTAC units and small floor plans killed both of these developments for us.
juuceman-- in what new developments have you found larger floor plans?
kiz10014 - In Williamsburg 2 Northside Piers had larger 2 bedroom floorplans. In Brooklyn Heights One Brooklyn Bridge Park has larger 2 bedroom floorplans. Both of these buildings had larger living/dining areas, as well as larger master and second bedrooms than that which was available and/or within our price range.
At 58 and 80 Met the broker was pushing the outdoor space, which was really nice. One or two of the units we looked at had enormous terraces. The remainder had adjacent cabana spaces available.
At the end of the day, it appears likely that we'll move forward with One Brooklyn Bridge Park for various reasons having to do with location, size of the building, amenities, etc.
how long is the tax abatement for this building? is there storage for each unit? how much is parking? There is no doorman, why are CC so high?
15 year, no storage available, monthlies pretty because of the access to amenities in 80 met
Anyone know why this building is not FHA approved since 80 Met is?
Is anyone getting accepted offers here that are not list? If so, any movement with rooftop cabanas? I know at 80 Met, people have gotten them bundled in but here it seems like a different story. No budging on anything...
anyone comparing this place to a building with 25year abatement (80 met, or the waterfront towers) should seriously think about the value of an extra ten years abatement. It's not a minor issue.
move-in was originally scheduled mid-may, now June 1. Does anyone know why?
What do people think of this area at night? It seems a little dark and deserted. Can you go through the 80 Met door to get to the building?
It is on the quiet end of Kent with little through traffic on Metropolitan. Totally safe but activity gives a comforting feel, esp for my wife. It reminds me of Kent by NSP/Edge before people started moving in. Now Kent by NSP is very active most of the time. Maybe this will occur at 58 Met as well. In general that area is a quiet section.
There is no walk-thru connection with 80 Met.
Agree with LookPied - it's definitely quiet, but not in an "unsafe, creepy" way. I expect it will get a bit more foot traffic as the movie theater opens up at 136 Met, but it's in a bit of a sweet spot away from all the large waterfront stuff, yet close enough to amenities/bars/restaurants.
thanks going to look at a place today - I went by last night around 9:30 and it was very quite. I am not worried for myself but for my fiancee.
I agree that it is not dangerous per se, but I know many women (and I guess also some men) that wouldn't feel comfortable coming home alone to that location, esp since there is no doorman/
Metropolitan and Kent are major arteries for the area. And so, there will always be some car traffic during most hours of the day and evening. I feel there is more risk on some of the narrower side streets that limit visibility (and escape if necessary) and are less traveled (cars every 5 - 10 minutes). I do not believe the exposure is greater in this particular location. During late hours, stay on Metropolitan and maintain a level of vigilance as you would in any large city - you'll be fine.
anyone having luck negotiating on pricing in this building as they get closer to start closing some?
We didn't have any luck negotiating . We are paying asking. I was wondering what people are getting for mortgage rates. We just got an email from The Edge saying interest rates are now as low as 4.25%. Are people experiencing this? With which banks?
Btw, I LOVE this building!! We looked around A LOT and 58 Met was the most space for our money. The kitchens are much bigger with MUCH MORE storage space than the Edge, which is the other place we really loved because we really wanted amenities. But the Edge was much less space for your money, and like I said no kitchen storage space and also no linen closet.
I saw the 4.25% email from The Edge also, hard to belive. I locked the rate sometime ago at 4.8ish, thought I was getting a good rate... Personally, I don't care about the rate, I just want to close the deal, move-in, and start decorating! :)
it's a perfectly safe area.
So finally found a place here. As people do their punch lists for the initial closing can you post issues that you came up with for the rest of us to look out for?
anyone closing today?
Condos in Williamsburg sure are talked about a lot on here.
Isn't 58 Met a rather far walk to the L station or even to the nearest bodega?
axle: we are not closing today, but did the final walk-thru this morning. Nothing significant on our punch list.
thanks Ryokuchi - it is about a 12 minute walk to the train so farther then I would have liked but really like the building and apt. There are two bodegas within a block or two. One is fancy and the other one is a little less so.
bob _d - It's not that bad of a walk can also do the JMZ
Hey axle, closing on Thursday, but we're currently having an issue because when we measured our laundry closet, it was not deep enough for a washer/dryer. Have you put one in yet and what line are you in?
K line - no have not moved in or closed yet. Asko is the brand of W/D in 80 Met - I was assuming that it would work in 58 MEt but have not measured yet. I guess I should try to do that soon.
They would not let us back in to measure again, but put a unit from 80 in our closet to show it fit. Only problem is that the units in 80 are only available to multi-housing projects. Closing today, so will get a chance to measure again tonight. We are in the A line.
regarding safety: i would say personal safety is largely a non-issue - car safety is a different story. there have been a string of car break-ins recently to take GPSs, etc. as for walking around in the evening (or on a weekend morning for that matter) i'm always surprised about how few people there are walking around (compared to Manhattan, of course) considering just how many now live on the waterfront ... i don't get it.
That is an issue everywhere in Billyburg. My car was parked on the corner of Wythe and North 9th and got the window busted. They didn't get anything. Heck they even left our old ipod in the car. You know it is need of an upgrade when someone wont even steal it.
I wonder if enough people went in on the ASKO if we could get a larger order? AJ Madison has some online but I don't know the model numbers.
The washer/dryers will fit. You just have to measure the closet correctly. On another note, please be very thorough during your inspection/walk-through. Check the toilet, the air conditioner, if the cooktop doesn't move around. The sponsor is being very difficult after closing. Our air conditioning doesn't work and they're telling us that we have to call the service company. Also, our toilet wasn't filling after you flush it because the line was clogged. The sponsor does not want to help you after you sign off, so make a very detailed list.
Will do thanks. That's distressing that they are acting that way but it seems like that is the rule not the exception with Williamsburg developers.
anyone else closed yet? Any words of wisdom?
Washer/Dryer closet only has a 220v connection for dryers. If your washer needs a separate 110 outlet, you need to have an electrician put the outlet. It's an easy fix, but additional cost. During the inspection, we didn't see it!
Creating a separate outlet in the closet...is that something the sponsor would be responsible for? I'm hoping to close mid-July.
Would the sponsor be responsible for adding an additional outlet in the washer/dryer closet? I'm hoping to close mid-July. Any advice would be greatly appreciated.
supahak: the sponsor explained to us that some washers connect directly to dryers (i.e. Asko brand in 80 Met), that's why they provide a 220v outlet only, and "pre-wire" for 110v. (Our case, we bought a pair of GE washer and dryer which require two separate outlets, 220v and 110v ).
Thanks Ryokuchi. I'm not a big fan of the connect washers and will be buying separate washer and dryer, so I guess I'll have to create two separate outlets.
Do you think that would be something the sponsor would agree to do? I guess it doesn't hurt to ask.
I will definitely negotiate it during the walk-thru. I think that particular outlet should be free!
We ended up giving some money to the handyman that sponsor recommended. The sponsor's rep is helpful providing a few names who can install towel bar, blinds, or paint rooms...
I will recommend checking all the AC units very carefully. We have 3 AC units, one of them is super loud when it's on and hard to turn it On and off.
AC units have a 2 year manufacture warranty, we were told to call the company directly. Also, fuse box's circuit label is totally wrong, each switch is not correctly labeled. This one the sponsor agreed to send someone to correct it.
Walk through and closing this week.
What brand washer/dryers are people buying? Ventless limits the options and I have read mixed reviews on most. We are doing our walk thru Friday and closing next week.
Ryokuchi: have you done a few loads in the GE yet? What are your thoughts?
sm0223: W/D closet is very small. There is only about an inch of space left on each side after placing them. Took over an hour to install them due to such a tight space situation (Recommend measuring w/d before buying!) Washer: super quiet, i like the controls, however, it takes 50-1:15 min to do one regular washing cycle depending on hot/cold. I'm not sure if this is too long or average. Dryer: also takes about 1:00 to dry. Clothes always come out slightly damper than we want, so we run it little longer.
Thanks for the info Ryokuchi! Is there a specific reason you chose GE over Bosch or Miele?
walk through went fine - check all outlets - oven - check fire alarm.
Ryokuchi - Is the the GE you got? DCCH480EK
Crossed out Asko due to people in 80 Met hated it. Miele was too expensive, although it would been my choice. Read mixed online reviews on Bosch. Decided on GE mainly based on price: paid $1600 on both from one of online appliance dealers in NJ. Axle: The model is DCCH480EKWW, WCVH4800KWW, GE Optional Stack Rack, and 220V Connector Cable. Good luck! Now we are working on a glass tub/shower enclosure and installing a Toto washlet system.
Thanks. I think we will go with GE. It looks like the LG will be too big but going to double check one more time. We decided to go with a shower curtain using hospital tracks. Getting the place painted and looking to switch the doors to sliding doors in bedrloom.
To those of you moving into 58 Met, welcome.
- 80 Met Resident
Installed Bosch in our w/d closet. It's so tight that we think the hose is kinked and therefore won't work. Also, our dishwasher is not bolted to the cabinet, so if you pull it out too far it tips. Again, do a ultra thorough inspection before you close.
On another note, it does mention in the bylaws/condo operations booklet that the building is responisible for maintaining the ACs, the super is supposed to put in a service call. Be advised that if it has to go out for repair they will remove the unit and, in our case, it took a couple of weeks for it to come back.
For washer/dryers, I know the 24" LG will work. Model numbers are WM1355HW for the washer and DLEC855W for the dryer. You can get them at Home Depot for about a grand each.
this building has 15 year tax abatement but 80 met has 25 year?
I understand that there are in fact leaks in the lobby and multiple places. Have these yet been fixed? Is the building good about repairs and punch lists?
I have a quick question about maintenance. I used to live in one of tower rentals in the city and when you have a problem with clogging, electricity, or even parts of your building, managing office deals with it. I find from some of article above that as soon as you sign the contact off, then you are on your own. Is that true? I thought if you pay common charge, it means that building manager helps to fix your problem on your apartment and you don't pay extra from you pocket. Please verify how people living in the apartment deal with issues. Thank you.
Does anyone know what is planned for the space west of River Street, south of Metropolitan, and north of N. 1st? There is plenty of construction (clearing) going on during the day. A park would be ideal, but another Edge or Northside Piers complex would less than ideal. Who owns the property? Any leads?
I believe ConEd owns the three lots between River St and the water. I don't know what their plans for the site are, but here is some info on it:
http://www.brownstoner.com/blog/2012/01/con-ed-demolishes-in-the-burg-with-eye-to-selling-off-land/
http://brooklyn11211.com/2011/12/con-ed-river-street/
http://streeteasy.com/nyc/talk/discussion/28743-con-ed-demolition-on-river-street-williamsburg