Oscar Wilde wrote that we are all in the gutter, but some of us are looking at the stars. This seems darkly apt for the unfortunate residents of Richard Meier’s On Prospect Park, who are deeply gutter-bound as they gaze at the starchitect’s beautiful glass walls. Or so a new lawsuit filed by the condo board alleges.
The residents of Richard Meier’s On Prospect Park once spent their days roaming the empty halls of the glassy tower, a vertical ghost town rising over Prospect Heights. But those days are long gone.
The building, which hit the market in 2008, has finally sold out, Brownstoner reports. And they got the news straight from the horse’s mouth—lead Corcoran broker Cheryl Nielsen-Saaf (although Brown Harris Stevens took over the brokering during the project’s home stretch).
Things may have looked bleak during the recession for On Prospect Park, but the tower’s most expensive penthouse has finally sold for $5.1 million, just as everyone knew it eventually would.
Are boom times here again? Well, when it comes to gentrification in Brooklyn, Prospect Heights in particular, it’s not a question of if but when, and Prospect Heights was already pretty far gone when the sleek tower was just a rough sketch in Richard Meier’s head. Even if The New York Times did call the starchitect-designed condo “a wall of windows into the real estate bust” back in 2009.
Once, living in a building with celebrity residents or prewar pedigree was the goal of every nouveau riche New Yorker. Trump International, anyone? Yes, please, 740 Park.
Now upwardly mobile denizens of our great city have slightly different aspirations: starchitect developments; that is, buildings designed by jet-setting, Pritzker-prize winning architectural wizards, typically of the old guard variety. While some have suggested that the starchitect craze is the result of pure unadulterated vanity, it turns out that buildings have made a pretty penny since they began to sprout up a decade ago, Crain’s reports.
Flashy and Manhattan- (even Miami-) worthy as Richard Meier’s On Prospect Park may be, the glassic condo off Grand Army Plaza has actually attracted a majority of Brooklynites into the building. While the first of the project’s five penthouses went to a Midwesterner, a member of the borough’s brood has snatched up another–just as Read More
On Prospect Park was expected to be a magnet for Manhattan ex-pats, making the news that it was more than half-full of Brooklynites a bit of a surprise. Yet who’da thunk it, a Midwesterner has bought the first of five penthouses atop the Richard Meier-designed masterpiece on Grand Army Plaza.
A trust associated with Read More
– All rise. The honorable Jon O. Newman, federal judge for the Second Circuit Court of Appeals, is now presiding over a three-bedroom apartment at 228 West 21st Street with his wife Ann Leventhal, a poet and writer. They were married four years ago and own a home in Connecticut in addition to Read More