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South Slope Rental Launches With Studios Starting At $1,800

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"All things are possible in South Park Slope," says the brokerbabble-filled website of a new rental development in the neighborhood. Here, in this wondrous 16-unit building called Greenwood on Fourth, you can "melt off the stress of every single day's work with sunsets caressing the Statue of Liberty" and "learn to love coming home from the bustle of the Big Apple." Though will you learn to love paying at least $1,800 per month for a 402-square-foot studio? That's where rents start, but they quickly increase—all the way up to $2,200 per month (more than $65 per square foot) for a studio on the building's top floor. Two-bedrooms, the only other type of unit in the building, range from $3,000 to $3,400 per month, and measure 891-square-feet.

"While your beautiful residence is practically appointed with a fully equipped kitchen and an in-unit washer/dryer, good luck getting any cooking or chores done with the entirety of Brooklyn's harbor front and Manhattan's skyline panorama posing right in front of you for your daily viewing pleasure." Good luck indeed! But when you finally tear yourself away from the splendor of the cityscape, you'll see that the apartment has Caesarstone countertops, stainless steel kitchen appliances (including a dishwasher), and hardwood floors. Building amenities include a recreation room, an outdoor lounge, storage spaces, bike parking, a package room, and "trash chutes on each floor to avoid annoying trips out into the cold."

The development is located on the eastern side of Fourth Avenue at the corner of 22nd Street. StreetEasy calls this area Greenwood, while Google puts it on the edge of South Slope. (Backstory: there are contentious blurred lines over these neighborhood boundaries.) It's not far from the main entrance to Greenwood Cemetery, and it's three blocks from the R train stop. The site was previously occupied by a parking lot, and plans for development date back to 2006, when Isaac Katan first unveiled a proposal for a condo building. That plan stalled, the site changed hands, and in 2012, developers Nick Malafis and Ioannis Glyptis revealed the current plans.
· Greenwood on Fourth [official]
· New owner to bring stalled South Slope condo back to life as rental [TRD]