The August First Thursday Gallery Walk is tonight, and the DUMBO BID has your map and gallery listings ready to go. As part of the Gallery Walk, galleries and shops stay open late, and are free and accessible to the public.
Among the exhibits drawing a buzz leading up to tonight’s events is Tatyana Fazlalizadeh’s “Stop Telling Women to Smile.” Fazlalizadeh’s work has found acclaim in its powerful address of gender-based street harassment. Her work will be on display at the Made in NY Media Center at 30 John Street.
Don’t forget to stop in for a drink around the neighborhood while you’re visiting the exhibits. Find happy hour specials here, including a buy-one-get-one-free deal at Gran Electrica from 5:30 to 7:30 PM.
Absolute Piano has opened a store in Dumbo at 142 Plymouth St (between Pearl Street and Anchorage Place). They offer piano rentals, sales, tuning, and repairs as well as piano lessons. Occassionally they leave a piano in front of their shop for passer bys to play on it. Stop by and play the piano.
Dish Dumbo, the Mediterranean-inspired restaurant that opened to fanfare in October 2013, looks to have shuttered its doors – likely for good. Closed since early June, the eatery at 81 Washington Street’s sheer drapes are drawn, patio plants are overgrown, and tables are stacked and abandoned. The now-worn sign in the restaurant’s glass window cites “new management” as the reason for its closure.
However, according to Jon, a former Dish employee, Ms. Abed was forced to closed her restaurant after employees walked out on June 7 after she did not pay anyone for two weeks. “The sign in the window says ‘closed due to new management’ but in reality the owner Samera Abed does not have any more money after her investor stopped funding her because of her poor management.”
Ms. Abed told DumboNYC that her employees’ claims are false. “Yes we are closed for now but it is not because the staff walked out,” she said. “We are renovating and repositioning our restaurant.”
She added, “The staff has always been treated well. If any have issues with ownership or feel they were wronged they should contact me directly as I hope to work with them again in the future.”
But Jon countered that since the employees left, “she is dodging calls and emails.”
While Dish opened to great anticipation in October 2013, it quickly became clear that the restaurant had its kinks to work out. After a repeatedly delayed opening, service reportedly quickly declined, as detailed in progressively dismal Yelp reviews. Neighbors complained of late-night partying and yelling that continued onto the street past the restaurant’s stated hours.
Ms. Abed insists that the restaurant will reopen later in the summer. However, information is swirling among former employees that she has instead moved for Florida, and that Two Trees is seeking to void her lease.
“We never got paid for the last two weeks of our employment, [and] most of us are not eligible for unemployment because most of us were there less than 6 months,” Jon said.
While Dish’s former employees look to put the restaurant behind them, Dumbo awaits what’s next for Dish’s space.
Visit Egg by Susan Lazar at 72 Jay Street for their semi-annual sale, which includes items from their Spring/Summer 2014 collection.
Styles including graphic tees, silk cotton dresses, swimwear and rash guards, cotton shirts, and more are up to 70% off. Some items are even as low as $8. If you can’t make it to the Dumbo location, shop online at www.egg-baby.com. Free shipping is included when you spend $100 or more.
MNS, the Brooklyn real estate firm published their second quarter 2014 Brooklyn New Development Market Report. MNS’ New Development Market Report tracks the market trends with a quarter-over-quarter and year-over-year comparison throughout Brooklyn on both a citywide and neighborhood basis. New development data was compiled from the Automated City Register Information System (ACRIS) for sponsor sales that traded during the Second Quarter of 2014 (04/01/14 – 06/30/14). All data summarized is on a median basis.
The total number of New Development Sponsor sales in Brooklyn jumped up 84.5% from 1Q14. The following neighborhoods did not account for any New Development sales during this time: Kensington and Prospect-Lefferts Gardens. The sharp increase in the number of sponsor sales in Brooklyn is likely due to an excited New Development condominium market this past spring season. Median sales pricing in all of Brooklyn increased 19% from the previous quarter and Median Price per Square Foot increased 24% compared to 1Q14.
The total number of new development sponsor sales in Brooklyn jumped up 84.5 percent from the first quarter.
The sharp increase is due to a robust new development condo market this past Spring.
Sponsor sales in Brooklyn Heights accounted for 13.33 percent of all new development sponsor sales in Brooklyn. The median PPSF and median sales price in Brooklyn Heights has increased every quarter since 4Q13.
One bedroom and three bedroom units represented 25 percent and 44 percent of all sales in Brooklyn during 2Q14, respectively.
There are 48 New development condominiums being developed in Williamsburg and the nabe will continue to see high growth margins throughout this year and next.
Median sales prices in all of Brooklyn increased 19 percent from the last quarter and median pricing per square foot increased 24 percent.
Highest new development sale: 360 Furman Street – Apt. 1302, Brooklyn Heights – $4,991,561
Highest new development sale PPSF: 75 Columbia Street – Apt. 1A, Cobble Hill – $2,937 PPSF
Year-over-year median PPSF: Up 29.7 percent
Quarter-over-quarter PPSF: Up 23.6 percent
Year-over-year median sales price: Up 26 percent
Quarter-over-quarter sales price: Up 19.1 percent
Largest quarterly upswing: Williamsburg
PPSF from $821/SF to 1,244/SF
Sales price from $1,185,761 to $1,767,338
Largest quarterly downswing: Boerum Hill and Cobble Hill
PPSF from $1,020/SF to $700/SF
Sales price from $952,807 to $661,080
Neighborhoods where the majority of 4Q13 inventory was sold per unit size
Studios in Brooklyn Heights: 20 percent
One bedrooms in Greenpoint: 32 percent
Two-bedrooms in Bed Stuy: 23 percent
1,500+ SF in the Brooklyn Heights: 25 percent
Dumbo continues its very low inventory (especially new development) and only had 1% of total new development sales in Brooklyn in Q2 2014. Dumbo’s median sales price for new development was $1,616,425 (from $750,000 in Q3 2013). Median price per square feet for new development in Dumbo is $1,141 (vs $948 for all Brooklyn).