clock menu more-arrow no yes

Filed under:

$6.5M 'Burg Condo; Rent Credits for Knickerbocker Village

New, 8 comments

WILLIAMSBURG—Currently, the record for the most expensive apartment ever sold in Brooklyn is held by a Prospect Park West penthouse that sold for just over $5 million in 2008, but a new-to-market unit in Williamsburg's Gretsch hopes to break that record by more than $1 million. A high floor 3,800-square-foot unit in the building has been listed for a crazy $6.5 million, which works out to around $1,800 per square foot. The listing for the new Gretsch whopper, sadly, has very few photos, but the Daily News reports that it's a combo of two three-bedroom units purchased in 2007 and 2010 by businessman Mark Altman for a total of $2.9 million. Apparently Altman paid $1 million to renovate, so he's aiming for a $2.6 million profit. [NYDN and StreetEasy; previously]

LOWER EAST SIDE—Around 700 senior citizens stayed in their homes at Knickerbocker Village during Hurricane Sandy, and they were without heat and hot water for nearly a month after the storm. The tenants were denied FEMA funds, but today local officials announced that they will receive nine days worth of rent credits for January and February. Something is better than nothing, right? [CurbedWire Inbox]