January 30, 2015
Park Slope's architecture is most certainly one of the factors that make this area of Brooklyn such a desirable place to live. The buildings in this neighborhood have character — even those that fall into disrepair. Such is the case with the five-story building at 187 Seventh Avenue, at Second Street. It was once owned by Dorothy Nash, reports The New York Times, who "also operated the Landmark Pub [there] until the late 1990s. [She] moved out at some point." Covered in graffiti, dilapidated and with most of its roof missing, it was considered an eyesore by many. Luckily, Sugar Hill Capital Partners, the developers who snapped it up for $4.2 million in 2013 after it was threatened with foreclosure, has decided to invest an additional $6 million to restore it and build four three-bedroom condos, along with an elevator, lobbies, and retail space. According to The Times, the condos, "called 2ND7TH, will be completed in the fall and went on the market this month, with prices starting at $3.198 million."
Photo by Kate Leonova for Property Shark.
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