30 Underhill (corner of Pacific) to become townhomes

That actually looks pretty nice.  

If I am not mistaken the larger building across the street might have bought the FAR rights

Holy crap is right. Honestly, I expect new listings in the area to be very aggressively priced, especially after 832 Dean between Washington and Grand just sold for $3.45 million, which I think was a strong signal to other agents/developers that new homes in the area can sell for insane prices (a developer definitely referenced that sale when making an offer for our family home the other week). This area's prices are only going to continue going up with all that is going for it.

@suppleknuckles, I'm just curious: what do you hate about the intersection? Is it because you think it's dangerous? Or you don't like the aesthetics of the intersection? Or some other reason?

I used to hate it as well, primarily for the danger associated with it, although the DOT is implementing changes right now to increase pedestrian safety (banning certain turns, adding additional sidewalk/island space, etc.). Granted, I'm still not in love with it (I especially hate the car wash that leads to traffic backups on Washington at times and the lot on the north west corner in Clinton Hill and the hideous storage facility . . . seriously, the bright yellow Brother's Moving facade was 100x better!), but they are filling in the lot on the NW corner with residential I believe and I don't foresee the car wash being there too much longer. In any event, the block of Underhill where these homes are being built is far away enough from the intersection to put a damper on things in my view.

And, yeah, that's not a lot of space for $3 million, but they seem to be paying more for location, amenities, etc.

it's mostly the dangerous-ness of the intersection, which among many things was literally a construction site for about 2 solid years, after which nothing safety-wise changed (i think it was a long stalled sewer project...there were actually small trees growing in the construction pit at some point). and yeah, the cubesmart storage facility and carwash are a blight. also the new buildings on washington and pacific also took forever to build and showered the area with styrofoam particles for months on end. it sort of just felt like the shittiest little corner of many much nicer neighborhoods when i lived there. there was never ever a good bodega in the vicinity for a long time--i had to cross atlantic and fulton to go to the nearest decent grocer open past 8pm.

teaser site now up http://ltjbukem.blogspot.com/2017/08/hello-townhaus-teaser-site-is-now-up.html

Anyone know when these townhouses are set to hit the market? Looks like they are nearing completion...

First listing I've seen for one of these: https://streeteasy.com/sale/1306886