Now, Crown Heights Gets a Taste of Luxury


It happened in Williamsburg, and in Downtown Brooklyn. Now add Crown Heights to the Brooklyn neighborhoods seeing a wave of luxury development.

In recent years, many of the new multifamily buildings that have joined the century-old rowhouses in this central Brooklyn neighborhood have been rentals — including 409 Eastern Parkway (12 stories, 186 units), the Dean (eight stories, 120 units) on Dean Street and the side-by-side Frederick and Olmstead buildings (eight stories, 200 units) on Saint John’s Place. A few more large-scale rentals that will mix market-rate and affordable apartments are in the development pipeline.

Midsize condo buildings have also cropped up, such as the seven-story 23-unit 762 Park Place by Barrett Design.

Now a large-scale, full-service condo has arrived on the western edge of the neighborhood, on Montgomery Street. The building, to be known as 111 Montgomery, is 12 stories high and will contain 163 units, most of which will have one or two bedrooms. The building was topped out over the winter and a sales gallery is now open on Franklin Avenue.

The developers, CIM Group and LIVWRK, working with the architecture firms Fischer+Makooi and Mesarch Studio, chose brick for the facade in keeping with the exterior material often used in the neighborhood. Here, however, the brick will be an elongated gray version — “to fit in the fabric of the neighborhood but nod to something more elevated,” said Asher Abehsera, the founder and chief executive of LIVWRK. Tall windows will be framed with matte black metal.

Prices start at $499,000 for studios, $595,000 for one-bedrooms and $899,000 for two bedrooms. The building’s two three-bedroom units are expected to start at $1.72 million, said Christine Blackburn, the sales director with Compass Development, who would not provide sales figures.

A one-year membership to the Brooklyn Botanic Garden is included in the deal.

Although 111 Montgomery is one building in from Washington Avenue, which borders Prospect Park, the new project plays up its proximity to Brooklyn’s marquee green space.

Mesarch, which designed the interiors, is using natural materials in the building. The lobby, for example, will feature a moss wall and walnut strips as decorative accents. The children’s playroom will have a woodland theme.

Apartments on the top four floors offer verdant park views. On a recent tour of terraced units on the ninth floor, the faceted glass roof of the greenhouse at the botanic garden could be seen poking up through the greenery.

In contrast to those expansive views, the apartments are quite compact.


Sahred From Source link Real Estate