ARENA nabe is jumpin'! -- Daily News

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Subject: ARENA nabe is jumpin'! -- Daily News

ARENA nabe is jumpin'!
Condos rise while Ratner fights
BY LORE CROGHAN
Originally published on January 29, 2006

http://www.nydailynews.com/business/story/386824p-328233c.html

Excerpt:

The most glamorous Prospect Heights project to get going ahead of Ratner's is a tower that Meier has designed for Mario Procida — who made a name for himself by building affordable housing in the Bronx — and his partners, developer Louis Greco and Las Vegas mall maven Sheldon Gordon.<p></p>
<p></p>
Procida told Your Money that the glass building will be 15 stories, with 114 apartments. He had tried to get city permission to build 30 stories high.<p></p>
<p></p>
He's just starting excavation at his 1 Eastern Parkway site. He expects construction to take 24 months.<p></p>
<p></p>
Meier has generated a big buzz with a trio of luxury condo buildings on the West Village waterfront — along with lots of talk about leaky apartments. Procida vowed that 1 Prospect Park will not leak.<p></p>
<p></p>
"We think the design kinks have been worked out," Procida said. "We tested our facade."<p></p>
<p></p>
So will he get more than $1,000 per square foot for the condos, as bloggers are speculating — and put Prospect Heights prices in a whole new league?<p></p>
<p></p>
"We will," Procida predicted. 

jamesondean

My mortgage payment when I left Tampa in 2000 was $244/month.

::starts mad, despairing laughter::

bill c

i am still testing my facade.

pete_c

$1000psf new 718 transplants + West Indian parade goers = whole new kinds of fun


kaboom!

alafairnadia

pete_c wrote: $1000psf new 718 transplants + West Indian parade goers = whole new kinds of fun


kaboom!

qtrain

LOCK YOU... oh, you have a doorman.

jamesondean

qtrain wrote: LOCK YOU... oh, you have a doorman.

Good one.

dailyheights

So will he get more than $1,000 per square foot for the condos, as bloggers are speculating — and put Prospect Heights prices in a whole new league?

Daily Heights makes the Daily News again... this time without attribution... sniff...

If you are a reporter: it's totally great that you get ideas from this site, but please consider giving us proper attribution/credit, as you would any other source.