Wednesday, December 1, 2010

☞ DWELL: The Douglass Nearly Sold Out

The Douglass at 2110 FDB/8th Avenue seems to be on its way to completely selling out.  After debuting on the market in November of 2009, 19 units have now been sold and the last six are currently in contract according to Streeteasy: LINK.  There was a reported 38 units for this development on West 114th Street and we are assuming the remaining unaccounted apartments are the affordable ones usually alloted to many of the new buildings. Average price per square foot appear to have held in the $600 range.  There were some doubts back in July on the building receiving its TCO but most of the residents have moved in now.  Check out the debate in our past post: LINK.  They now just need to get a great retail tenant on that ground floor.

10 comments:

  1. Second that. A few buildings now are either completely sold out or very close to it. Hopefully that will encourage some developers to move ahead with existing stalled developments (FDB & 122nd comes to mind).

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  2. I always liked this buildings appearance as the main façade has differentiating material and color with brick and concrete details which works with its neighbors, also its corner is made a feature with the metal cladding and forty five degree angle that turns the corner. Good to see the developer built more than the predictable glass box, this creativity may have contributed to the buildings success.

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  3. I'd actually prefer a glass box. I really find that metal cladding aesthetically off-putting and cheap looking. I'm also not a fan of the brick stripes. I guess to each his or her own.

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  4. I liked the lay outs of these apartments. They surprisingly get good light - even the units off of FDB

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  5. Where are all the naysayers? I expected an avalanche by now. I'll be moving in within the month and am looking forward to it for many reasons. We're currently renting in Tribeca and the $$$ we'll be saving between our current rent and the new mortgage payment will be astounding. Plus, Harlem is a much more accessible community than Tribeca (i.e; we're middle class people, not movie stars). We're looking for green spaces and authenticity and I know we'll have both. My wife and I have no allusions about the issues that exist and the fundamental, deep seated poverty right down the street, but we've both lived and owned houses in transitional neighborhood before and know what to expect. 114th Street absolutely has some serious problems, but you watch your back, be respectful, get involved and take it a day at a time.

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  6. Guest -- welcome to the neighborhood. If your comment is truly reflective of your mindset, I think it's going to surpass your expectations pretty thoroughly. Cheers,

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  7. I completely echo Cool Blue...Welcome.

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  8. I would like to know the demographics of all the people moving into these luxury apartments. Every time I pass by these buildings I rarley see African Americans and Latinos entering or exiting the doorways of these buildings (with the exception of black/latino women strolling caucasion babies in their carriages or the black/latino doormen). It's mostly caucasions that I see entering the buildings. I see something really wrong when it's mostly caucasions that are able to afford to move into these developments and most African Americans and Latinos can't due to economics (ECONOMIC SEGREGATION plays a big part with racial demographics). This reflects the very wide economic gap between Caucasions and Black/Latinos and creates a very deep seeded resentment towards the newcomers with means. This is coming from a native Williamsburg Brooklyn resident who has lived in Harlem for more than a decade.

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  9. Thanks for the welcome, folks. I was up there walking around today liking what I saw. BTW Latinsoul, I'm African American.

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