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The interior includes 338 luxury condominium apartments, which range from studio apartments to three-bedroom suites. There is also 17,850 square feet (1,658 m 2) of rentable commercial space on the first floor. [60] A cafe area and enclosed courtyard are located within the building. [61]
Williamsburg, Brooklyn had the highest rent increase, rising by 54% on average from 2010 to 2019. Global economic headwinds and unfavorable changes to property and transfer taxes cooled demand, causing a glut of unsold luxury condos. [4] As of 2019, one in four luxury apartments that were built since 2013 were unsold. [5]
More than 500 apartments were approved in the three-year period following 1997; soon afterward, an area near Williamsburg's border with Bedford–Stuyvesant was re-zoned for affordable housing. [78] By 1997, there were about 7,000 Hasidic families in Williamsburg, almost a third of whom took public assistance. [ 79 ]
Mom of 5 Reveals Steep Rent for N.Y.C. Apartment She Uses for 'Storage' — Despite Having $12K Apartment Across the Hall (Exclusive) ... located in Brooklyn's trendy Williamsburg neighborhood ...
In March 2019, Williamsburg of Cincinnati Apartments & Townhomes, a 976-unit apartment community in Hartwell, was acquired for $70 million by BRC Williamsburg Holdings LLC, which was managed by ...
Lindsay Park is a housing cooperative located in the East Williamsburg neighborhood of Brooklyn in New York City. The cooperative is part of the Mitchell-Lama Housing Program, through which the state of New York grants it tax exemptions to maintain affordability. [1] With 2702 units, it is the largest Mitchell-Lama co-op in Brooklyn.
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