New brownstones may come to Boerum Hill

New York /
Jul.July 27, 2009 03:42 PM
alternate textFrom left: rendering of Ensemble exterior, outdoor space

After living in one-family Brooklyn brownstones, John Frezza, president of Strategic Development & Construction Group, and Sammy Brahimi, a partner at IBEC Building Corporation, hope to give Boerum Hill something they believe will be a great addition: new brownstones.

Frezza and Brahimi’s plans for a collection of six high-end, one-family brownstones, called the Ensemble, will be located at 354-349 State Street between Hoyt and Bond streets, at the edge of Boerum Hill, Frezza said.

The duo has hired the Corcoran Sunshine Marketing Group to test the market in the fall to determine if there is demand for the homes.
 
“Since they will be very lavish homes for a particular market segment, I want to make sure there is enough interest for them in the current down real estate market,” Frezza said.

The series of six six-story brownstones will be roughly 5,000 square feet each, and range in price from $3.5 million to $4 million. Buyers will have the option of a modern or traditional design. All of them will have private outdoor terraces and basements, which he considers a sixth floor. Frezza also hopes the building will earn a LEED Silver rating for its eco-friendly design.

“These homes have been in development for a year and a half and we’ve been working on the virtual designs and gearing up to release the plans to the brokerage community for a while,” Frezza said.

Around the corner of the proposed Ensemble sits another joint project by Strategic Development and IBEC called State Renaissance Court at 200 Schemerhorn Street, a mixed-income rental building which was developed in conjunction with the Empire State Development Corporation in 2001.

Frezza also co-developed Beacon Towers with full-service real estate management firm Lemle and Wolff at 28 West 138th Street in Harlem, which is comprised of both market-rate and restricted income units. Frezza told The Real Deal, during a recent Halstead Property broker tour of Harlem developments the firm is marketing, that Beacon Towers is nearly 50 percent sold out. TRD


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Met Museum among art institutions to get “green” funding
Met Museum among art institutions to get “green” funding
Met Museum among art institutions to get “green” funding
China’s 2nd largest property developer is in big trouble
China’s 2nd largest property developer is in big trouble
China’s 2nd largest property developer is in big trouble
Floor & Decor CEO Thomas Taylor and 4 Henry St in Commack (Floor & Decor and Google Maps)
Floor & Decor moving into site of shuttered Target in Commack
Floor & Decor moving into site of shuttered Target in Commack
Photo Illustration of Donald Trump (Illustration by Kevin Rebong for The Real Deal)
Treasury Department must give Trump’s tax returns to Congress: DOJ
Treasury Department must give Trump’s tax returns to Congress: DOJ
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...