11th & roebling about 6 blocks from the bedford stop on the L train. i checked it out this past weekend and was impressed. the design includes well thought out floorplans, and the appliances and finishes are good high-end finishes from what i could see. the layouts are good too and some units have nice park views. i'm still looking at a number of buildings but this one is one my short list. plus so far i've had a really good experience with the listing agents, particularly alex and brad, who are informative but not pushy like other seller's agents! nonetheless with so many good choices its hard to decide...
I considered Warehouse 11 and communicated with Brad. Seems like a nice agent. But what ultimately turned me away from this property were the unknowns around the oil found during the initial stages of construction. I never followed up and would be interested to know how aptsandlofts is responding. I'm sure a level of confort was reached in order for builing to continue. But who knows if this is a long term issue? The price points seem reasonable at this property.
Really nice building from their brochures and prices seem decent. Not sure about the oil issue either which turns me off also. The largest oil spill in US history (actually much bigger than the Exxon Valdez) happended in Greenpoint in the 1950s and has still not been completed cleaned. I read that this related to that spill.
I read somewhere that the oil was from a leak in a nearby building. Does anyone know what the truth is or where to find it? Does anyone know how it was cleaned up? Whether they removed all the soil or placed a protective layer over it? Thanks in advance.
From what I've read, they put a protective "membrane" over it. Chances are, it's ok, but do you really want to take that kind of risk with such a huge investment? There are other condos out there...
bjw, I agree with you on that one. I definitely would not feel comfortable if there was just a membrane over it. BTW, I sent you an email about the unabated taxes. Did you get it?
According to curbed.com it does relate to the Exxon spill that still hasn't been totally cleaned. I asked my broker about it this morning and she indicated the building does have an environmental report from New York state addressing and apparently clearing the issue. She guessed you would get this as part of the offering plan. I'm going to look at it this weekend, but I agree with Fedup and Bjw though that there are enough other developments in the area without this risk.
fedup can you send me that tax info? I heard from another broker that the common charges go up after you buy. Any other thoughts on this dev? I feel like the 1 bdrms are a good value.
i spoke to a friend who said he heard the construction quality on this building was poor. you're now hearing this 3 people removed so take it for what it's worth. the pricing looks reasonable given the area and proximity to the park.
i'm not sure on completion date though. i think once this comes on line, along with all the other inventory, the sponsor might be willing to negotiate on price.
looks like a nice building and close to the subway, but only 9 in contract out of 120 since sales started in January. anyone with insight? i take it prices must come down along with the rest of williamsburg, but I'll concede it seems priced in line currently...
I saw apts there. I actually thought quality was fine. I didn't like the refrigerators in the kitchen but no biggie. I think since it is interior w-burg and a little bit of a walk to the subway, it is priced a little high.
being near the park is nice and it has a few nice layouts.
that's good to know, there was some uncertainty about quality earlier on. i'm walking to the subway on google maps as we speak :) doesn't seem like the walk is too bad. i wonder if you had the pick of the lot, what spot in williamsburg would be considered ideal. my guess would be towards bedford on 6th or 8th street to not be directly on the subway...
freewilly, IMHO the best blocks in Williamsburg are between North 3rd and North 10th, ideally along Berry or Wythe. Kent will be nice, just not there yet, and Bedford is too loud to actually live on. That's a relatively small area, but it's pretty quiet, has some really nice blocks, close to the train and all the amenities you'll use most frequently. Not surprisingly, this is where you'll find the highest ppsf.
I have a preference for being on the water with a view of Manhattan. However, it is a different product and priced her psq than, all else being equal, things further inland.
It's not a far walk just a little further than others so I am just trying to compare apples to apples.
I think it would be a nice place to live but, again, wouldn't pay the price they were asking. It may be better to wait it out to see if you can get a lower price as the market remains week, if you are intent on buying here.
Otherwise, I encourage you to look at all the other devs in the area and find the one that you like best. My fiancee and I have visited several and I think this helps you to gain perspective on the positives and negatives of each building and unit.
Warehouse 11
Did anyone hit Warehouse 11 this weekend. I had heard they were going to release some new units, but I wasn't able to make it down to check it out.
Where is that?
11th & roebling about 6 blocks from the bedford stop on the L train. i checked it out this past weekend and was impressed. the design includes well thought out floorplans, and the appliances and finishes are good high-end finishes from what i could see. the layouts are good too and some units have nice park views. i'm still looking at a number of buildings but this one is one my short list. plus so far i've had a really good experience with the listing agents, particularly alex and brad, who are informative but not pushy like other seller's agents! nonetheless with so many good choices its hard to decide...
I considered Warehouse 11 and communicated with Brad. Seems like a nice agent. But what ultimately turned me away from this property were the unknowns around the oil found during the initial stages of construction. I never followed up and would be interested to know how aptsandlofts is responding. I'm sure a level of confort was reached in order for builing to continue. But who knows if this is a long term issue? The price points seem reasonable at this property.
Really nice building from their brochures and prices seem decent. Not sure about the oil issue either which turns me off also. The largest oil spill in US history (actually much bigger than the Exxon Valdez) happended in Greenpoint in the 1950s and has still not been completed cleaned. I read that this related to that spill.
I read somewhere that the oil was from a leak in a nearby building. Does anyone know what the truth is or where to find it? Does anyone know how it was cleaned up? Whether they removed all the soil or placed a protective layer over it? Thanks in advance.
From what I've read, they put a protective "membrane" over it. Chances are, it's ok, but do you really want to take that kind of risk with such a huge investment? There are other condos out there...
bjw, I agree with you on that one. I definitely would not feel comfortable if there was just a membrane over it. BTW, I sent you an email about the unabated taxes. Did you get it?
According to curbed.com it does relate to the Exxon spill that still hasn't been totally cleaned. I asked my broker about it this morning and she indicated the building does have an environmental report from New York state addressing and apparently clearing the issue. She guessed you would get this as part of the offering plan. I'm going to look at it this weekend, but I agree with Fedup and Bjw though that there are enough other developments in the area without this risk.
fedup, I got it, just been too busy to even sit down at home for 10 mins. Will get that stuff over to you tonight, promise!
Plans have been filed for a building next door:
http://curbed.com/archives/2008/03/05/roebling_oil_field_expanding_to_the_west.php
fedup can you send me that tax info? I heard from another broker that the common charges go up after you buy. Any other thoughts on this dev? I feel like the 1 bdrms are a good value.
any other thoughts on this building?
i spoke to a friend who said he heard the construction quality on this building was poor. you're now hearing this 3 people removed so take it for what it's worth. the pricing looks reasonable given the area and proximity to the park.
i'm not sure on completion date though. i think once this comes on line, along with all the other inventory, the sponsor might be willing to negotiate on price.
looks like a nice building and close to the subway, but only 9 in contract out of 120 since sales started in January. anyone with insight? i take it prices must come down along with the rest of williamsburg, but I'll concede it seems priced in line currently...
edit: 9 recorded sales and 53 available listings at aptandlofts out of 120. sorry for confusion
I saw apts there. I actually thought quality was fine. I didn't like the refrigerators in the kitchen but no biggie. I think since it is interior w-burg and a little bit of a walk to the subway, it is priced a little high.
being near the park is nice and it has a few nice layouts.
that's good to know, there was some uncertainty about quality earlier on. i'm walking to the subway on google maps as we speak :) doesn't seem like the walk is too bad. i wonder if you had the pick of the lot, what spot in williamsburg would be considered ideal. my guess would be towards bedford on 6th or 8th street to not be directly on the subway...
freewilly, IMHO the best blocks in Williamsburg are between North 3rd and North 10th, ideally along Berry or Wythe. Kent will be nice, just not there yet, and Bedford is too loud to actually live on. That's a relatively small area, but it's pretty quiet, has some really nice blocks, close to the train and all the amenities you'll use most frequently. Not surprisingly, this is where you'll find the highest ppsf.
I have a preference for being on the water with a view of Manhattan. However, it is a different product and priced her psq than, all else being equal, things further inland.
It's not a far walk just a little further than others so I am just trying to compare apples to apples.
I think it would be a nice place to live but, again, wouldn't pay the price they were asking. It may be better to wait it out to see if you can get a lower price as the market remains week, if you are intent on buying here.
Otherwise, I encourage you to look at all the other devs in the area and find the one that you like best. My fiancee and I have visited several and I think this helps you to gain perspective on the positives and negatives of each building and unit.