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The Curious Case of 341 Eastern Parkway - formerly known as "The Hole". - Page 2 — Brooklynian

The Curious Case of 341 Eastern Parkway - formerly known as "The Hole".

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  • I'm actually pretty sad to see the hole get filled in.

  • How come? To be fair, I end up hating on most modern buildings that get put up because they're either hideous or straight out of context (check the building that's being put up on Rogers which is both.) I actually really like the way this building looks from the rendering. I hope when it's finished it's as nice as it looks there

  • The steel is rising pretty quickly. It should top out at eight stories pretty soon.

  • Are you talking about the building on Rogers and Sterling, Epic? That's actually not a new construction, but a "major alteration" <sic>.

    I don't think it's terrible for a rental. I've seen a lot worse, i.e. look at 590 Sterling Place, or 658 Classon. At least on Rogers they don't have exposed air conditioners and plenty of windows, and the architect (weakly) tried to break up the monotony of the flat roof line in a nod to the original building (which looked just like the ones to the right of it).

  • December 4, 2012:

    curbed wrote: CROWN HEIGHTS—A press person for 341 Eastern Parkway, at the corner of Franklin Avenue, confirmed that the under-construction building will feature 63 condos, and aptsandlofts.com will be handling the sales and marketing. The building will also have more than 8,000-square-feet of street-level retail. Still no word on pricing or when construction will be complete.

    http://ny.curbed.com/

    As suspected, we are looking at Condos ...not rentals

  • I don't have a picture handy, but this building now seems to have the first four (4) floors of steel in place.

    Four more to go.

  • In a different thread:

    dmiami said:

    What's commercial space going for accross EP at the new building being constructed?

    To my knowledge the tenants have not been announced. However, I have heard that a non-compete contract was signed with Bob & Betty's, and Pulp & Bean.

    So, we know the tenants will not be a coffee shop or a supermarket type store.

  • I was asking if anyone knows what the space is "going for" in terms of cost, not what type of business. I'm curious if the $12,500/month rent on Maiman's old place is close to what commercial space will cost in the new building, just accross EP.

  • ah, my mistake.

    I think 341 EP (as big, new Class A building) might be a bad comp

    ....the spaces soon to be occupied by the Hummus Station or the Pizza place might be better.

    similar size.

    old building

    On one hand, they are not on the corner of the building. On the other hand, they are on the wealthier side of EP.

  • via Curbed:

    "CROWN HEIGHTS—The 63-unit condo building going up at 341 Eastern Parkway has been a bit of a mystery. Last night, the developers were supposed to go before the local community board to gain support for their application for a 421-a tax abatement, but no one showed up. But the board did have a printed rendering of the building. However, it wasn't anything new. In fact, it was the old Gene Kaufman that we thought had been replaced. Does this mean it's back in the running? The actual building is currently just a steel frame."

  • Aesthetically, the building can reflect the preferences of the developers, not the board's.

    The developers may not want the obligations that come with the 421-A tax exemption. It might be more profitable and/or easier to build with out it.

    This design firm seems to be actively working on the design:

    http://meshberggroup.com/project/341-eastern-parkway/

    Here's a rendering:





    There's more renderings, including some interior ones, on the above link

    Here's their pitch:

    This 70 unit new construction rental building is located on the prominent corner of Franklin Avenue and Eastern Parkway in Crown Heights, Brooklyn. Limestone and brick facades line Eastern Parkway alongside major buildings like the Brooklyn museum and the Grand Army Plaza Entrance. We recreated the grandeur of the turn of the century architecture but with today’s means and methods. The interiors are clean with transitional cabinetry and modern hardware and appliances. The bathrooms are stylish and functional with timeless character and contemporary features. Designed for the young professionals and the families of Brooklyn this building will become the newest landmark to be built on Eastern Parkway in the past century.

    Note, unless they are simply using round numbers, the number of units has grown from 63 to 70.

    Also of interest is how far they show the building as being set back from the street. This set back likely allowed them to build the additional two stories (8 stories, instead of the zoned 6).

  • The new renderings seem to be a much better fit than anything produced previously. I'm a little puzzled by the tiny window on the corner of the second floor. . . . . .

  • I think the rendering looks wonderful! Let's see what the building actually looks like. My guess is, lots more straight lines, fewer curves, and more flat surfaces, fewer textures.

  • Vapor trail-

    I suspect the windows on the left, top of the building look small merely due to the angle of the rendering.

    All-

    If you click through to the interior renderings, it looks like they are going to use very high end finishes. Folks are going to pay top dollar for these condos.

    Think they will get $700 a sq ft? 1000 sq ft = $700k

  • whynot- to clarify, I'm talking about the only window currently installed in the building as of last Saturday. It's on the second floor on the southwest corner (facing EP). It seems cheap, very small and not like the other spaces framed out for windows. If this is a sign of things to come it is very concerning.

  • Ah, that.

    I think that is a temporary office for the security guard and engineers to work out of.

  • If you look at this project, it is moving along pretty quickly.

    Usually, they first finish the structural steel, then work on the exterior walls, then work on the interior walls and systems.

    In this case, they seem to have various crews working on all of this at the same time.

    ...the building has yet to reach its max height, yet they are already working on interior stuff.

    some logistics!

  • whynot_31 said:

    http://meshberggroup.com/project/341-eastern-parkway/

    Here's a rendering:





    There's more renderings, including some interior ones, on the above link

    Wow, that second rendering gave Tony's building (Bob & Betty's and the apartments above it) a massive face lift.

  • I like how in the second rendering, only the front of the new building is taller than Tony's building.

    However, the first rendering shows it is as being massive in comparison. (I think the first will be more accurate)

    Also, when one looks at the first floor of the renderings, you can see first version has arches and the second does not.

    ...I'm not sure whether I like the arches or not.

  • definitely don't like the arches.

    Also looks like the P&B has disappeared in pic 2.

    definitely an improvement from the Crown Fried Chicken that was there in 2002.

  • I don't think the pic 2 is actually supposed to be placed at the site. Note that the buildings on what should be EP are completely different as well. Whether the Bob and Betty thing happens, I don't think I'll live long enough to see the EP houses knocked down and rebuilt.

  • Pict 2 is also weird in its placement of the subway entrance.

    Here, one can see that subway entrance is going to be beside the front left of the building, not in front on some big expanse of sidewalk

    Likewise, pict 1 seems to show the subway entrance within the building. No, that isn't going to take place either.

  • I'm not sure how we can see that from your pic, whynot.

    The expanse of sidewalk is actually one of the best possible parts of this new construction. If the building and sidewalk end up looking like the rendering, we're going to have one of the nicest corners on EP.

    Either way, this is a HUGE win for the nabe, and I can't wait to see it come to fruition. I just hope the ground floor isn't going to be a dialysis clinic.

  • I'd call that expanse of sidewalk impossible. There is no way you get a 10+ foot setback of the building which is also in line with the yards of the homes on EP. Not unless the sidewalk is extended to completely block the service road. That second rendering may be a view of what the building is supposed to look like, but it's NOT in the proper context of the Frankin/EP corner.

    BTW, what's wrong with dialysis clinics?

  • Any ideas about how much the rents will be? Will it be a mix of 1- and 2-bedroom apts.? Maybe some studios?

  • AP-

    Word has it these will be condos, not rentals. This shows some of the interior finishes: http://meshberggroup.com/project/341-eastern-parkway/

    Based on the location and the finishes, I imagine these will go for around $700 a sq ft.

    1000 sq ft = $ 700k

  • Hmmm. I was surprised to read on the Meshberg Group website that they will be rentals. Should be interesting to see how much they end up going for.

  • The actual decision as to whether they will be rentals or condos is occasionally made right before a building opens.

    Basically, the developers look at the market for each and then decide which is most profitable, and whether they want cash now (condos), or over the course of the long run (apartments).

    Yet another scenario is that the present developers sell the entire building to an entity (i.e. developers get cash now) which decides that it would like cash over time.

    The developer needs to make such decisions when it comes time to buying appliances and installing finishes, not at the present rough construction stage....

    They also have some flexibility re: the actual number of units (apartments or condos), if all is going well with DOB.

    Folks are going to talk about such topics here, at this upcoming conference: http://thebrooklynsummit.com/

    Today's Brownstoner:

    The eight-story apartment building going in on the corner of Franklin and Eastern Parkway at 341 Eastern Parkway is up to the fifth floor now. Construction started in the fall, and is supposed to be completed by the third quarter this year. There are 64 units planned, plus retail



    http://www.brownstoner.com/blog/2013/04/eastern-parkway-build-up-to-fifth-floor/#disqus_thread

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