A Tale of Two Towers

There are two towers that have been erected at the corner of Driggs and Manhattan in Greenpoint. The project is called Manhattan Park. They’ve been stalled for over a year, with intermittent appearances by workers, and lots of comments from the throngs of brunch-goers at nearby Enid’s.

The two towers are located at Driggs between Manhattan and Leonard. One is substantially more advanced with the exterior nearly completed (referred to as 279 Driggs Avenue in the broker’s site). The other building does not have its exterior completed, and is lacking windows or a finished roof (271 Driggs Ave.)

Lot 10 and 271 Driggs

(279 Driggs is in the front, 271 Driggs is to the left)

279 Driggs: This building has looked “complete” for months. I’ve even seen brokers showing the units to people. However, nothing has really changed. The fit-out on the inside is still bare in most of the units, balconies are wrapped in plastic, and the lobby bare. I’ve watched workers over the summer take wooden panels off the side and then replace them a few days later. This has gone on for over a year, at least.

DOB: Permits are issued for an 8 story, 14 unit building. The first permit for construction of the new buildings was issued in February of 2005. The architect Robert Scarano has been involved in several of the new building permits.

Violations: Nothing recent. There were a few complaints that do not appear to have been actually levied regarding a lack of safety netting, piping and elevator readiness back in 2005.

This afternoon (11/17/06) crews were busy at work drilling up the sidewalk, perhaps readying the ground level.

sidewalk on lot 10

What happens to a building with a virtually finished exterior that sits for several months? Why would a building so close to completion and no apparent violations sit vacant for so long?

271 Driggs

The poor brother of 279 Driggs, this building has been further behind schedule, and spent much of the time that I’ve been watching it “exposed” with bare concrete, and no windows. Workers (in groups of two, rarely more) are occassionally seen rambling through the building, tinkering with windows, or applying sparse insulation or wrapping on the exterior.

271 Driggs

(271 Driggs on left, 279 Driggs on right)

DOB: DOB shows permits for an 8 story building for 12 residential units. The latest permit is for paving around the base of the building. In May 2006 a New Building permit was issued, and currently is being audited and the job is on hold.

Violations: Currently the DOB website shows a stop work order for 271 Driggs. Despite that I saw workers this afternoon (11/17/06) (See picture below). In fact this building has seen several violations, and complaints. ECB violations on the site include problems with the construction shed (3), not conforming to work plan, unsafe fence (with rusty nails), and no guard rails surrounding an open cellar.

271 Driggs

So these buildings again seem to be doing well, physically, but have run afoul of the DOB appparantly violating work plans and not taking correct site safety precautions.

15 Responses to “Stalled? – Driggs and Manhattan”

  1. johnnyb Says:

    These two are being built by different owners. 271 was stalled because they ran out of those wooden panels. Most of the units are sold. I think 4 are still available. I walked by there the other day and walked right in. They’re doing most of the finishing touches – kitchen cabinets, bathroom tiles, etc. This building is pretty close to done.

  2. PaulA Says:

    These stalled condominium projects are often times a result of ill-conceived planning or financial structuring that leaves insufficient funding for a project to be completed. Keep in mind that this “building boom” we are observing is not in every case being driven by experienced, well-capitalized development professionals who understand the capital markets. I am actually advising a number of these developers and am “re-capitalizing” their projects for them with fresh equity and debt, so that they can complete and sell them.

  3. keyring Says:

    thanks for giving us a little peek at the problems here.

  4. AD Says:

    Steve, interesting stuff. Thanks for the updates. I’ll tell you what: I wouldn’t mind buying in this area … for the right price.

  5. draveed Says:

    Hey PaulA, I’m curious. Since you work with these rookie developers, what are some common mistakes you see these guys make that lead to a stalled project?


  6. [...] Sure, we like to gently mock Greenpoint’s development boom, but there’s always a dark underside to shiny new buildings. Like, say, when the projects stall. New blog City Seen is only two posts old, but both delve into the phenomenon of seemingly unwanted Greenpoint developments. First up is Manhattan Park, made up of 271 Driggs Ave. (#1; stop work order issued) and 279 Driggs (#2; occasional glimpses of humans, wooden panels come and go). City Seen also takes a detailed look at 55 Eckford Street (#3; security guard long since departed, rumors of no more money flying). We’re starting to get ghost town vibes from looking at these pictures. · Stalled? – Driggs and Manhattan [City Seen] · Stalled – Hello 55 Eckford Street [City Seen] [...]


  7. [...] Sure, we like to gently mock Greenpoint’s development boom, but there’s always a dark underside to shiny new buildings. Like, say, when the projects stall. New blog City Seen is only two posts old, but both delve into the phenomenon of seemingly unwanted Greenpoint developments. First up is Manhattan Park, made up of 271 Driggs Ave. (#1; stop work order issued) and 279 Driggs (#2; occasional glimpses of humans, wooden panels come and go). City Seen also takes a detailed look at 55 Eckford Street (#3; security guard long since departed, rumors of no more money flying). We’re starting to get ghost town vibes from looking at these pictures. · Stalled? – Driggs and Manhattan [City Seen] · Stalled – Hello 55 Eckford Street [City Seen] [...]

  8. STEVE PRINTS MISINFORMATION AGAIN Says:

    Steve,

    Your information is again INACCURATE.

    Let’s begin with the address of Manhattan Park… WRONG!!!

    For all those looking at this blog for INSIGHT, Readers beware. This is the 2nd post where Steve provides readers with MISINFORMATION.

    Curious to see what the focus of Steve’s unfactual tirade will be next… Obviously he’s no neighborhood expert and does not have any INSIDE information…

  9. LICdude Says:

    Are these 2 buildings both called Manhattan Park? I thought 297 Driggs was the Manhattan Park, and the other building was being built by a completely different developer. If someone knows for sure, please post.

  10. STEVE PRINTS MISINFORMATION AGAIN Says:

    Yes, 297 Driggs is the accurate address for Manhattan Park and the other building is by a completely different developer. That for sure is the right information. Please let Steve know… He got all wrong. Again!!!

  11. LICdude Says:

    Thanks 12:30. The manhattan park (297 Driggs) looks like it is close to being finished by the way. I walked by on Friday and the exterior looks done, just need to do the lobby & front door. Looked like there were some workers inside in a number of units, too. Anybody know when this is supposed to get a CO?

  12. Matt Norwood Says:

    Yeah, the addresses you have must be wrong. I used to live at 277 Driggs, and it’s on the next block over, across Leonard. These must be 297 and 291 or something, not 279 and 271.

    I can’t imagine Manhattan Park is going to be anything less than completely fucked up after sitting exposed through the winter. Things like this are why housing is so expensive and dysfunctional in NYC: even new buildings are over-budget and dilapidated because of the greed, ineptitude, and corruption of the developers and city officials.

    Anyway, good luck to all the yupsters who think they can double the population of the neighborhood and still commute on the L train, which is already overcrowded to the point of being unusable. Suckers.

  13. PaulA Says:

    Responding to draveed who posted on 11/22, the most common mistake is a lack of ample capital to take these projects through the construction and sales process. A number of developers inadequately capitalized their projects and grossly underestimated the demands placed on them, both by the market and the projects themselves. If you build something, you need the capital to market it effectively. You also need to understand the elasticity of demand for luxury condos and what drives that demand. I think some developers building in Billyburg/Greenpoint missed the mark a bit. Some developments will become rentals. But, as in most of life, they will have a second chance to get it right. There is plenty of capital out there to make sure of that.

    Oh, and technically, I like to think that I don’t necessarily “work” with these rookie developers, so much as I save their skins.

  14. Anon Says:

    whats the latest here?

  15. larry groff Says:

    We lived at 279 Driggs from 1945-1954. From the pictures these condos are not at that address.
    279 was at the corner of Leonard, across from the garages (Saab,Volvo, etc) shown in one of the pictures. Unless the street numbers were adjusted, 279 seems incorrect and perhaps 297 is more accurate?


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