99 Gold Street Update (10/9/06)
October 9th, 2006
We’ve seen a lot of buzz on the development at 99 Gold Street in Vinegar Hill, Brooklyn. Designed by Scarano Architects in Dumbo and marketed by The Developers Group, this building was converted into 88 studio, one, and two bedroom lofts, and has a small non-regulation basketball court in the basement.
Okay, this isn’t really an update, but I was over there yesterday to check out the progress, and it looks like from the outside, most of the work has been completed. I went to the opening “launch party” this summer (has it already been 4 months ago?) and saw the apartments, the rooftop, and the basketball court. The finishes were nice, and the building seemed solid, but until more stores/services come to the area, residents will have to go to Brooklyn Heights for their pharmacy.
99 Gold Street before conversion. Photo from The Developers Group
Aside from some reported price cuts by Robert Guskind at Curbed, we haven’t heard too much in the past month about 99 Gold. With the updated prices, the condos range between $522/sq.ft. for a studio with 2 bathrooms (1571 sq.ft.) to $969/sq.ft. for a penthouse two bedroom, 2 bathroom (not including the 1077 sq.ft. of outdoor space). Below are some photos taken this weekend.
From Scarano Architects:
“99 Gold is a renewal pioneer within the area’s industrial landscape. An upscale loft conversion is the latest trend in stylish city living, which redefines the 19th-century concrete and block building, originally designed to house and supply New York’s souvenir market. Following that industry’s decline and decades of misuse and neglect, vast quality-of-life improvements are assured by this adaptive reuse.”
Click photo for close-up. 99 Gold in Vinegar Hill, October 8, 2006
Click photo for close-up. 99 Gold in Vinegar Hill, October 8, 2006
Some sample pricing:
- 1 bed 1 bath, 757sq.ft. $575,000 ($759/sq.ft.), $328 maintenance, $48 tax
- 0 bed 1 bath, 988sq.ft. $645,000 ($653/sq.ft.), $412 maintenance, $61 tax
- 2 bed 1 bath, 1035sq.ft. $699,000 ($675/sq.ft.), $432 maintenance, $64 tax
- 2 bed 2 bath, 1215sq.ft. (1106sq.ft. outdoor space) $1,150,000 ($946/sq.ft.), $636 maintenance, $94 tax
Does anyone have info on move in date or how sales are going so far?
11 Responses to “99 Gold Street Update (10/9/06)”
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February 3rd, 2007 at 9:42 am
Hi everyone
I have set up a group for contract holders at 99 Gold Street. Please join to share information on closing and the development.
Paste this link into your browser
groups.mac.com/goldstreet
Thanks
M
February 4th, 2007 at 1:40 pm
I’d like to sign up, but am not a mac user. Please advise!
Thanks, Maria. Great idea!
February 4th, 2007 at 3:42 pm
I think it’s a great idea– definitely time for a group to be set up for 99 Gold. Might I suggest moving the group to somewhere like Yahoo Groups, where it will be easier for people to join?
February 5th, 2007 at 9:37 am
Hi 99 Gold
email me at mariatcohen@mac.com and I will send you an invite. If that doesn’t work I’ll move it over to Yahoo :)
Best
Maria
February 5th, 2007 at 5:25 pm
sorry wrong email address - i should have said email me at mariatcohen@gmail.com with your name and apartment number and i will send you an invite
February 6th, 2007 at 6:22 pm
I was so curious about this building after reading the thread that I decided to check it out. I hate to admit it, but I had never been on the other side of Jay street. The building itself is nice and modern, although it might be weird to be so close to street traffic while sitting on the terraces. Either way the property is nice and it will be interesting to see the area develop to accomodate new home owners. It’s pretty bare bones over there right now. And sorry, I realize this has been discussed before (forget where) but is this building in the PS8 zone?
February 6th, 2007 at 6:56 pm
The Vista one block closer to DUMBO is in the PS8 zone, but 99 Gold is not.
What has been happening with 99 Gold? I toured this building last summer and they were expecting a fall move-in. The building looks like it has been finished for months now, but nobody has moved in yet.
February 17th, 2007 at 1:18 pm
hmm.. don’t have a .mac account either… what story have you guys heard on target closing. been randomly going to their open houses and interior/exterior is really coming along although not sure on typical time line for inspections, certificate of occupancy, etc… is closing in may anywhere near realistic seeing the current condition?
March 7th, 2007 at 9:07 am
you can just email me to join the group. You can get a trial .Mac ID and still use it for the group
mariatcohen@gmail.com
April 24th, 2007 at 5:40 pm
just heard today from developers group that owners have decided to pull all contracts and turn the building into rentals.
April 26th, 2007 at 1:15 am
Yes - a rep from the Developer’s Group told me the same thing today… I guess there are going to be a bunch of buyer’s with their returned deposit money burning a hole in their pockets…