Since 1981, the Next Wave Festival has been the venue for BAM’s most daring programming. This year’s festival — running from September 9 through December 20 — will feature 30 theater, music, dance, and film productions, plus 15 concert engagements celebrating the 50th anniversary of the groundbreaking Nonesuch Records.
That’s a lot for one person to see, so here’s a quick guide to what you’re absolutely not going to want to miss. (more…)
Roomr, located at 17 Old Fulton Street, is the newest addition to the Dumbo food scene. I headed over there this afternoon for a quick lunch. I was pleasantly greeted upon entering and after explaining that it was my first time in the cafe was given a quick rundown of everything they have to offer. Whether you’re on the go or have time to sit and enjoy made-to-order food, Roomr has you covered. They have an array of pre-made sandwiches, salads, and pastries, as well as a large menu of crepes and omelets. The gentleman that I was speaking with was quite enthusiastic about their hotdog waffle, “a beef hotdog wrapped in a delicious waffle”. Given my pregnancy, though, I wasn’t able to try it for myself. I’ll have to go back with friends to get their opinions or hold out a few more months until after baby arrives. Everything at Roomr is organic; well, 98% of it is – the espresso is the only thing on the menu that isn’t.
I settled on a savory, whole wheat crepe. It was delicious, but too big for me to finish. I am a sucker for sweet crepes, so was disappointed I didn’t leave myself enough room to try one. Tourists that entered the cafe while I was there were thrilled to find out that Roomr offers free wifi. Perhaps I should have taken advantage of that and started this post while my food digested so I could then try a sweet crepe!
The cafe is clean, no frills (my food was served with a disposable plate and silverware), and devoid of the overwhelming lines you typically see outside of Grimaldi’s and Shake Shack. I found it to be a peaceful and relaxing place to enjoy my lunch. For more information on Roomr, visit www.RoomrCafe.com.
[UPDATE: Occupancy for 60 Water Street will happen before 2015.]
As everyone in Dumbo has likely seen, the Dock Street Dumbo building – 60 Water Street (official name) on Dock, Front, and Water Streets – is nearly complete. And finally, we have an updated rendering to match it.
The updated rendering isn’t too much different than the original image from 2008, though it does better capture the glass that now almost fully covers the building’s façade.
The building will have 290 units, 58 of which will be affordable units. Two Trees is slated to begin leasing this fall, with occupancy scheduled before 2015.
The NY Times takes a look at the former Jehovah’s Witness 5 inter-connected buildings to the Kushner Companies for $375 million that’s being redesigned for commercial and technology tenants. A sixth building, 90 Sands Street, the 30 story hotel building will close in 2017.
The most obvious use for the six brick behemoths, also known as Brooklyn Bethel and clustered around Pearl and Sands Streets, would have been loft apartments; Dumbo has quickly become one of the most expensive residential neighborhoods in the borough. But the Bloomberg administration was desperate to keep the spaces commercially zoned, to provide homes for the city’s growing tech sector.
The name Dumbo Heights is meant to evoke the “gritty lofts of Dumbo and the lofty grandeur of Brooklyn Heights”. The strength and popularity of the startup scene in Dumbo is a blessing and a challenge for early stage businesses trying to upgrade their office space. This is where developers Jared Kushner, Aby Rosen, and Asher Abehsera see an opportunity for these startups to mature into growth firms:
“Two Trees has really mastered the 500- to 2,500-square-foot office suite for start-ups, but these companies need somewhere they can grow without having to leave the borough,” said Natalie Hurwitz, a broker at Sholom & Zuckerbrot and a former city planner. “People live in Brooklyn, they want to work in Brooklyn, but businesses are almost totally out of room. Dumbo Heights is just what the borough needs.”
Etsy leased 200,000 square feet of space in the 117 Adams Street building and WeWork, the Manhattan co-working company leased 90,000 square feet of office space at 81 Prospect Street. There will be local food and retail in the buildings. The NY Times writer, Matt A.V. Chaban writes “Expect gluten-free bakers, Edison-bulb-lighted bistros, maybe a beer hall and of course sushi, all run by some classically trained, tattoo-covered chefs. “It’s going to be like our little hipster kibbutz,” Mr. Abehsera said.” The article points out that there is a chance that part of the complex may become residential to help underwrite the purchase. “An obvious candidate is a 30-story hotel built in 1992 at 90 Sands Street where many of the Witnesses have stayed.”
The DUMBO Improvement District is hosting a family-friendly dance party in the Archway under the Manhattan Bridge this Saturday (8/16) from 3-7pm. From DUMBO Improvement District:
The DUMBO Improvement District, in partnership with BBOX Radio, is thrilled to announce the launch of TunnelVision:DUMBO, a seasonal series of community-centric dance events taking place in the Archway under the Manhattan Bridge. The inaugural event on Saturday, August 16 will feature a lineup of DJs spinning everything from world beat to soul to house music, plus public art and family-friendly fun, MC’d by Tony-nominated Broadway star Sahr Ngaujah. The event is free and open to all.
Date: Saturday, August 16, 2014
Time: 3 – 7pm
Location: Archway under the Manhattan Bridge (closest address 155 Water Street)
MNS, the Brooklyn real estate firm published their July 2014 Brooklyn Rental Market Report today (along with their Manhattan Rental Market Report). Andrew Barrocas, CEO of MNS, notes that while month-to-month prices have fallen due to the maturation of inventory on the market in several neighborhoods, Brooklyn’s yearly progression continues its steady upwards pattern. He believes that this trend will continue as new developments and conversions enter the market at a relatively moderate pace in the near future.
The report reveals that in Brookln, rent prices in Brooklyn decreased by approximately 2.58% from $2,741 in June 2014 to $2,670 in July 2014. Rent prices increased 4.14% from $2,564 to $2,670 compared to July 2013.
Avg. Studios: $2,113 (Greatest change since June: -25.9%/$500 in Bed Stuy)
Avg. One-bedrooms: $2,597 (Greatest change since June: +14.4%/$411 in Cobble Hill)
Avg. Two-bedrooms: $3,301 (Greatest change since April: -11.3%/$436 in Cobble Hill)
Some other highlights of the report include the following:
Rent prices in Brooklyn decreased by approximately 2.58 percent from $2,741 in June to $2,670 in July
From July 2013 rent prices increased by 4.14 percent from $2,564 to $2,670
Listing inventory increased 2 percent from June 2014 from 2,271 units to 2,327 units
One bedroom units in Brooklyn Heights and Cobble Hill witnessed the largest price increases
Studios in Bay Ridge and Bed Stuy witnessed the largest price decreases
The largest annual upward and downward shift in rent prices were seen in Crown Heights and Dumbo, respectively
Rents increased 17.5 percent in Crown Heights up from $1,796 in July 2013 to $2,110
In Dumbo, rents decreased only .3 percent from $4,083 in July 2103 to $4,071
A number of new luxury developments in Brooklyn Heights have caused a price surge in the neighborhood
Although monthly price averages have remained stable, Cobble Hill is amongst the highest in terms of increases in yearly price changes
Average studio pricing: $2,113
Greatest changes since June: Down 25.9 percent ($500) in Bed Stuy
Average one-bedroom pricing: $2,597
Greatest changes since June: Up 14.4 percent ($411) in Cobble Hill
Average two-bedroom pricing: $3,301
Greatest changes since June: Down 11.3 percent ($436) in Cobble Hill
In Dumbo, both monthly and yearly average overall rents remained relatively stable decreasing a minimal 1.95% and .3% respectively. In Dumbo for July 2014, studios were $3,004 (vs $3,095 in June 2014), one bedrooms $3,756 (vs $3,847 in June 2014), and two bedrooms $5,454 (vs $5,515 in June 2014). Here are the Dumbo price trends over 13 months for studios, one bedrooms, and two bedrooms: