Zazza Williamsburg mostly leased

TRD New York /
Aug.August 05, 2010 12:00 PM
The Zazza Williamsburg at 424 Bedford Avenue

Eighty percent of the 66 apartments are now leased at the Zazza Williamsburg project at 424 Bedford Avenue in South Williamsburg, according to developer Michael Zazza, principal of the Zazza Group, the Daily Eagle reported. Marketing began in February for the 20-story building, which was first conceived as a condo, but eventually “had to go rental because of the economy,” Zazza said at Brooklyn Real Estate Roundtable’s quarterly luncheon yesterday. “We were lucky to get a bank behind us.” The bank was against studio apartments, so the majority are one-bedroom units, with the rent averaging $2,500 per month. Zazza was designed by GreenbergFarrow with four units per floor so that each would have corner windows with views in two directions, while 50 percent have private outdoor space. The development, which is being marketed by the Corcoran Group, also has parking, a rooftop terrace and community gardens. [Brooklyn Daily Eagle]


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