Author: Halden

Ferry Operator Wants to Accept Metrocards

04/27/2012 | 1 Comment

The East River Ferry wants to accept Metrocards. Other non-MTA services already accept Metrocards, so the idea is not that far fetched. But the real innovation would be for the ferry to accept Metrocard transfers – i.e., eliminating the two-fare structure that most commuters using the ferry face (by the way, it’s nice to see Second Avenue Sagas having a change of heart about the ferry). As it stands now, if you want to go from the ferry to an MTA bus or subway, a one-way trip will cost you as much as $6.50. Institute free Metrocard transfers, and the price drops to $4 (the cost of the ferry ride).

But MTA chief Joe Lhota says that’s not going to happen.

Music Workshop on North 6th

Matt Chaban tells us what’s going on at the old sawdust factory at the corner of North 6th and Wythe (hint: it’s not another luxury condo).

War on Brunch: First Blood

As ridiculous as the law (and it’s enforcement) is, one has to ask – who is eating brunch at 9:35 on a wet and windy Sunday morning?

The War on Brunch

It seems that many local restaurants are flouting laws prohibiting brunch operation of sidewalk cafes before noon on Sunday, and that has some people in the community calling for a crackdown.

This is bulls—, it’s not good,” said Lokal owner Gino Kutluca

What he said.

Pfizer Sells, But Not to Local Groups

Pfizer has sent a letter notifying Community Board 1 that they have reached an agreement to sell the last remaining large parcels of land from the drug giant’s ancestral home. The agreement is with a group called 306 Rutledge Street II LLC, a “company acting on behalf of investors who have deep roots in the local community”. The LLC, which has a mailing address of 173 Wallabout Street, appears to have formed within the past week or so.

I have been told that these investors are not the coalition of community groups who had offered Pfizer $10 million for the properties, with plans to develop the sites as affordable housing. Although Pfizer’s letter offered few details, they specifically did not mention housing, affordable or otherwise.

338 Berry Tenants to be Evicted?

The residents of 338 Berry Street (the old Tung Fa Noodle building) bought themselves some time in 2004, but as a result, may be missing out the loft-law protections that were enacted in 2010:

Seeing the writing on the wall, the residents of the building’s work-live lofts signed agreements with the previous landlord allowing them to stay until 2011.

But in 2010 the state revised the Loft Law — to put such artist-occupied spaces under rent stabilization.

The Berry Street tenants claim the legislation supersedes their agreement. But Brooklyn Supreme Court Justice Bert Bunyan two weeks ago sided with the current landlord, Mona Gora-Friedman, who wants to show them the door…

The 2010 Loft Law revision qualified the Berry Street lofts for rent-stabilization protection – but it was too late. Bunyan determined the new law didn’t contain language allowing for it to override the tenants’ 2004 agreement.

[Via Brownstoner]

77 Commercial Street Sells

04/13/2012 | Comment

According to the Real Deal, Manhattan-based Chetrit Group has purchased the 95,000 sf warehouse at 77 Commercial Street in Greenpoint. The property is one of the northernmost waterfront parcels that were rezoned to residential in the 2005 rezoning, and the potential development on the site could in a big, bigger or biggest development scenario.

It will be interesting to see how this plays out. What is the market for housing at this location, and how much of a market is there? First off, the site is, in the words of the broker on the deal, “‘not the most centrally located’ site in Brooklyn”. This site is basically at the very end of Manhattan Avenue, a long walk from either the bus, subway or ferry. The property does have 220 feet or so of water frontage, and will have great views and (hopefully) a beautiful city park next door. But – that water frontage is all along the mouth of Newtown Creek; a lot of those views are of Queens (and eventually more towers across the creek in Hunters Point South); and, the City has yet to acquire the adjacent property for a park, let alone fund clean up and capital costs. (It’s also worth asking when the developer plans to building – they’ve completed one project in the area, at 175 Kent, but have at least one other large development site, at Union and Metropolitan, that they’ve been sitting on for a few years now.)

The second question is how big will the developer go here? The base zoning – as with all the waterfront parcels rezoned in 2005 – is relatively low, but there is a sizable floor area incentive under inclusionary zoning for a developer to add 20% affordable housing (without any public review). Beyond that, though, there are also a ton of air rights available from the adjacent parcel at 65 Commercial Street (300,000 sf, according to the Real Deal). Those air rights come with strings attached – in addition to a full ULURP review, the purchasers are supposed to build an additional 200 units of affordable housing (15% of the new affordable housing committed to by the city). And the rights are supposed generate at least $12 million (in 2005 dollars) to create a $2 million “Greenpoint Williamsburg Tenant Legal Fund” as well as provide $10 million to help offset costs associated with creating inclusionary housing on other waterfront properties.

Which raises a third question (largely related to the first one), is there even a market for these air rights? Either with this developer, or the developer of the other adjacent parcel at 37 Commercial.

Census Numbers Show Big Jump in Brooklyn Population

Brooklyn’s population took a huge jump from the 2010 “actual” numbers in the federal census to this year’s estimate by the same agency.

Borough pols said the increase is more evidence the agency botched the official count. If the numbers are right, it would mean the borough grew almost six times faster after the Census than in an average year from 2000 to 2010.

There really isn’t doubt that the 2010 numbers for Brooklyn are just plain wrong. The numbers for Greenpoint and Williamsburg show much lower growth than would be expected just by mashing up 2000 census numbers with the thousands of new housing created from 2001 on. The numbers are so suspect that it’s almost not even worth citing them in any meaningful analysis.