Prospect Heights - effect of Atlantic Yards?
Started by Zhuchok18
about 15 years ago
Posts: 4
Member since: Dec 2009
Discussion about
I'm looking at 1bd unit on a good block between Vanderbilt and Underhill. Looked at a couple comps, $650/sf seems like a reasonable number to be at. Any thoughts? Also, as it currently stands, how do you think AY project sill effect the neighborhood/future value? Appreciate any feedback!
as a disclaimer, i am advertising a unit between carlton and vanderbilt, so please do not take my comments as representative or as advice.
Once completed and occupied, I think the large influx of condominiums and modern housing and visitors to the arena will bring a huge number of new people to the neighborhood and with it, buyers who are not interested in new construction. It will drive the price up of brownstones and pre war apartments. In the short term, I think it will be an inconvenience. It really all hinges on how the city manages traffic... As long as we have Sadik-Khan, I think people in Prospect Heights are in good hands.... if she doesn't stay on, who knows.. ;)
Thanks. What do you think would be the immideate effect of the planned parking lot on Vanderbilt Ave traffic?
I am currently renting in a unit about 2 blocks from AY, and I would would have no issues purchasing.
On the other hand, I do not have a car. I do think that once the arena opens, already horrible traffic will get unimaginably worse during the hundreds of events that will go on over the course of a year.
My thoughts on the "temporary" parking lot is that it will be a contributing factor to the traffic mess.
Also, once they full build out happens there will still be a ton of parking on the block, it will just be underground.
it's a good question and off the cuff, I don't think Vanderbilt Ave will be too affected negatively. It's not an artery like Atlantic or Flatbush. If backup becomes an issue they can always block off the roundabout entrance to Vanderbilt at Grand Army Plaza like they did with Underhill.
With all the new residents will come lots more traffic and police officers and hopefully they'll make a dent in people holding up traffic.
Personally I think it makes sense for New York to implement Chicago style Parking passes around Atlantic Yards. Over there, if a game is on, only permit holders have the right to park on certain streets. That way, visitors have to use parking lots and residents get to park on their streets.
snez--they'll never do it--just as they wont in manhattan--just as they wont charge non-residents more at the tolls--business and merchants' lobbies own the politicians
in london only the first and last spot on residential streets are for those who dont live/pay taxes in given neighborhoods--swim at main beach ehamprton as a resident and you park for free, as a nonresident you pay 15 bux
My Brooklyn friends have long complained they think AY will severely damage Prospect Heights.
Traffic is the biggest reason but also the kind of density that Ratner plans to bring to Atlantic and Flatbush will just put too much strain on the "quiet residential" aspect of the nabe...and what was traditionally a quiet low-density area will start to see stuff like big stinky ugly parking garages on streets that were formerly all houses....and the spillover traffice going thru the neighborhood will create noise and smog into the wee hours of the night.
i disagree with your friend Graffiti. Density is what makes NYC great. The only time density is an issue is when we combine high density with low income. I'm assuming the condos built won't be free... :)
And eventually we will solve this traffic problem, if not with Bloomberg, then with the next mayor.