This is the big development on Green Street in Greenpoint called the Viridian that is best known for one of its investors, Magic Johnson. Work has been underway on the 130-unit development for more than a year-and-a-half, but is now in the home stretch. The building is divided into three sections, with the "A" building slated to open late this year or in early '09. The second section is expect to open in late spring and the final part of the building is due for the third quarter of 2009. Listing show the 1BRs start at $458,000, 2BRs at $639,000 and 3BRs at $825,000. So far, about ten percent of the units have sold.
· Construction Watch: Viridian Looming Large in Greenpoint [Curbed]
· Invasion of the Viridians: Magic's Greenpoint Condo Hits Market [Curbed]