Friday, August 20, 2010

Thoughts on 3rd Place

Some complaining from Brownstoner about a two-story addition on 3rd Place:

"If you're looking for a reason to extend the Carroll Gardens Historic District, look no further (though they'll have to go further than what's currently on the table to impact this block): Although this two-floor addition to the home at 42 3rd Place isn't done yet (it was filed in May 2009) and will presumably get a brownstone finish, it still looks like a mini-finger to us. "

First of all, comparing this to the finger of Williamsburgh is a bit harsh. That building towers over all of the others. Here, we're talking about two stories.

Second of all, without going up, how does Mr. B every think that we will see housing affordability in Carroll Gardens increase? The top stores are usually the cheapest to build and the highest yielding, increasing incentives to modernize and expanding the housing stock. With greater supply, the prices should come down (or, more realistically, increase at a slower rate).

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