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Real Deal features Ft. Greene and Prospect Heights

This month's issue features two articles, one on Ft. Greene condos and another on the Meier project in Prospect Heights. The second article feature some interesting stats on pricing and also the fact that the developers had a hard time convincing Eastern Athletic to give their buyers access to the gym as part of their maintenance fees. In addition, Meier had to build them a new lobby.

The building offers 46 one-bedrooms from 962 to 1,477 square feet that range from $790,000 to $1.5 million; 43 two-bedrooms from 1,137 to 2,418 square feet that range from $990,000 to $3.65 million; 17 three-bedrooms from 1,825 to 2,258 square feet that range from $2.5 million to $3.6 million; and seven penthouses from 1,243 to 3,408 square feet that range from $2.8 million to $6 million.

The penthouses will have 360-degree views from private rooftop decks that include Prospect Park, New York Harbor, and Brooklyn and Manhattan cityscapes.

Another amenity -- access to the 30,000-square-foot Eastern Athletic Club, which features a rooftop terrace and swimming pool in an adjoining building -- was granted to the developer with the purchase of the site. The building rests on the former parking lot for the historic Union Temple of Brooklyn, the first Jewish congregation in the borough. The congregation rents its top floors to the fitness club.

"It was a complicated, painful contract negotiation that took a year," recalls Procida. "It involved delivering things for the Eastern Athletic Club and for the Temple during construction, and subsequent to completion over and above the cash consideration."

The developer will build an upgraded lobby entrance for the club and a private elevator for residents of On Prospect Park. Membership is included in the condominium carrying charges.


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