October 5th, 2007
When we last looked at this trio of townhouses when they came on the market back in January, they were priced at $7.5 million. They were reduced to $7 million, and according to the Massey Knakal website, they are now under contract.
Most would agree that this is a great location just on the border of Dumbo and Brooklyn Heights, with views of Manhattan, but commenter Ilene said:
“I inquired about one of those buildings a few years ago and was told there are severe structural issues with them, and the land they sit on. Something about the water table I think. Walentas would have long ago snapped them up if they could be salvaged or torn down for a reasonable fee. Too bad, I think that Old Fulton could really become a great gateway for the neighborhood and coming park if those eyesores would go away.”
I haven’t been able to vet the statement about the structural issues, but it would be a great location for street level retail or cafe that will get foot traffic from Grimaldi’s, Pete’s and Brooklyn Ice Cream Factory, and Fulton Ferry Landing visitors. What would you like to see built on the ground level?