25 Washington (aka Gair2) Occupancy to Begin May 1

25 Washington Street

The building conversion project at 25 Washington Street by Two Trees Management from a commercial building to a residential rental building is nearly complete. The 105 rental units include an 80/20 Housing Program of New York State Homes and Community Renewal component and offers 21 affordable rental apartments. The building, originally built in 1901, is being marketed as Gair2 after the name of the original owner, Robert Gair (and the building number). The building was leased by the Charles William Stores as the administrative headquarters, housing the firm’s general offices, employment and educational divisions, dispensary, and recreation and reading rooms (See prior post for more history on the building).

According to the Gair2 website, the market rate rental prices are listed as follows:

  • 1 bedrooms from $2,400
  • 1 bedroom + home office from $2,900
  • 2 bedrooms from $3,950

These are not the monthly rates for the low income rentals. Floorplans are also shown on the Gair2 website (click apt number for floorplan image):

Interior photos aren’t available yet, but we can see the windows have triple paned soundproofing. Reactions on pricing for these rentals?

25 Washington Street

25 Washington Street

Gair2 (Gair2.com)
25 Washington Street, Brooklyn NY 11201
Phone: 718-222-5555

{25 Washington Street Taking Applications for Low Income Rentals, 06Jan2011}
{Img: 25 Washington Rooftop Addition, 03Sep2010}
{25 Washington St LPC Hearing Sept 7, 24Aug2010}
{25 Washington Rentals to Open in March 2011, 23Jul2010}
{25 Washington St Progress, 14Jul2010}
{Help: 25 Washington Tenants Looking for Office Leases, 20Nov2009}

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