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Location: Ft. Lauderdale, FL, United States

Sunday, June 08, 2008

Pied-a-terre for a mere bagatelle?

Since this building is right on the traffic circle around the Grand Army Plaza in Brooklyn (that's one leg of the memorial arch on the left), over the last couple of years I've had many an occasion to see it rise from the rubble of the neo-classical buildings it replaces (see the building to the right). Across the street from Brooklyn's Main Branch of the Public Library and just down Eastern Parkway from the Brooklyn Museum and the Brooklyn Botanic Gardens it is, and was, a common and major site for sore eyes. I guess it's not all that bad (although personally I think it's somewhat out of place) the architect is Richard Meier and, after all, Mr. Meier is all about sleek and gleaming facades.

The reason I'm giving it some attention here is that the building is nearing occupancy status (this Fall) and it is now appearing in full page ads in the New York Times Magazine and elsewhere. Here's the lowdown: One Bedroom from $950,000; Two Bedrooms from $1,100,000; Three and Four Bedrooms from $2,500,000; Penthouse's with Park, Harbor and City views from $3,000,000. Even though I can't really imagine which harbor they could be referring to (the Grand Army Plaza is a few miles inland), it seems like a steal, right? Well, maybe to your pocketbook/bank account, but before you reach for your checkbook I would like to call to your attention the ominous sounding "from" in that price list. Where comes that "from?" If I were you I would think twice about purchasing a pied-a-terre (whatever the hell that is) in this building. There is a major snarl-up around that traffic circle every day and it ranks highest in the city in accidents. On the plus side, you would get a lot of use out of your library card!

1 Comments:

Anonymous Anonymous said...

There's a new complex Ira has been spying in Pacifica, we drove by last night & they boasted "homes starting in the low 1 millions...", do those words even work together? "Low" & "Million" don't seem to belong in a sentence unless it's about bacteria!

12:47 PM  

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