Pulse Real Estate: Arrow Linen's zoning change approved, more Pintchik sales, and a historic carriage house hits the market
This week's Top Property Picks around the neighborhood (Park Slope, Prospect Heights, Windsor Terrace, Gowanus)
Whether you’re planning your open house weekend, or just want to keep a pulse on the local real estate market, we’ve got you covered!
Top Real Estate News
Here’s a quick roundup on real estate news happening around this part of Brooklyn:
“New York’s push to build more housing in every corner of the city — even in places that have sometimes been skeptical of new development — cleared a significant hurdle on Wednesday, when a key City Council committee approved a zoning change that will clear the way for new apartment towers on the border between Park Slope and Windsor Terrace. Two 10-story buildings are planned for the site of an industrial laundry business, Arrow Linen. Forty percent of the 250 units will rent below market rate.” [New York Times]
LONG READ: The Pintchik family, longtime property owners near Barclays Center (including the Bergen block between 5th Ave and Flatbush Ave), has sold 26 buildings for $102.5 million. The sale includes 28 retail spaces and 84 apartments, with new owners Michael and Edward Ostad eyeing potential redevelopment, as zoning allows for taller buildings. While the Pintchiks retained some key properties, they cited aging family members as a reason for selling. The Ostads’ real estate track record includes legal disputes over rent regulation, raising concerns about future tenant relations. [Atlantic Yards Report]
Less than a month since the above sale, the Pintchik family recently bought 296-302 Flatbush Ave. [Crain’s New York]
NYC’s first all-electric residential skyscraper, located at 505 State Street in Downtown Brooklyn, will be powered by 100% renewable energy, making it the the city’s first carbon-free high-rise. [BK Reader]
Stoop of the Week
No stoop this week. but take a peep inside the 710 Carroll St carriage house which is currently up for sale! Take a guess at the asking price before clicking on this listing.
Email your favorite shots at info@parkslopeliving.com or DM/tag us on Instagram at @parkslopeliving.
This Week’s Must-See Property Rentals
Whether you’re planning your open house weekend, or just want to keep a pulse on (or take a peek at) what the real estate market looks like, here are our real estate listings for this week focusing on property rentals of 1-2 bedrooms.
I use StreetEasy as the listing source to recommend properties that I would live in myself, and have searched within the boundaries of Park Slope and surrounding neighborhoods (Gowanus, Windsor Terrace, Prospect Heights). All prices are per month, and only listings in the last 7 days are shown - except where there are price drops. All sales jargon has been magically removed ✨
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Email info@parkslopeliving.com for more info!
Photo credits: Streeteasy listings
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“Greenwood Heights Is Park Slope II” according to the latest StreetEasy report via Curbed. Should I add rentals from Greenwood Heights in sales & rental listings?
1 bedroom
493 12th Street #4D: $2,450
1 bed 1 bath
500 ft²
Less than a block from Prospect Park
In a building of 16 units, 4 stories; 1900 built
(Also might have a unit with outdoor space coming to market soon! See listing)
23 Webster Place #GARDEN: $3,275
1 bed 1 bath
625 ft²
Private outdoor space
Rent includes heat and water
Cats permitted on a case-by-case basis
Appliances: washer/dryer, dishwasher
2 bedrooms
270 15th Street #19: $2,895
2 beds 1 bath
650 ft²
Top floor apartment (3 flights of stairs up)
Next to the 6/15 Green community garden
In a building of 20 units, 4 stories; 1920 built