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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

The Brooklyn Daily Eagle

Only 5 Units Remain Unsold At Columbia Commons Condominium

COLUMBIA STREET WATERFRONT DISTRICT — The Eagle reported in October that units at the Columbia Commons condo development at 110 Warren St. were close to 50 percent sold.

Now the developers and the sales team report that only five of the building’s 42 units remain unsold.

Stephen G. Kliegerman, executive director of Halstead Property Development Marketing, who is overseeing sales, credits the successful sales to “smart layouts and quality finishes and amenities,” plus a 25-year real estate tax abatement and the neighborhood’s continuous growth.

“Buyers are looking for not only a good value today, but also one that will carry them into the future,” he said. The remaining units range in size from 609 to 838 square feet and in price from $399,000 to $650,000, including a two-bedroom, one-bathroom apartment that features a 370-square-foot private terrace.

A project of L&M Development Partners Inc. and the Goldman Sachs Urban Investment Group (operating here as Columbia Hicks Owners LLC), the design is by GF55 Partners, a Manhattan architectural firm.

The building’s subtle design touches weave the idea of old and new throughout the homes, providing a modern living experience inside a vintage neighborhood, according to its online description.

As the Eagle has reported, the complex is a two-building compound comprised of a six-story rental building and a four-story condo building, joined by a shared courtyard.

The six-story rental building contains 94 affordable and income-restricted units.

The lottery period for these units has ended. For wait list information, call (516) 792-6743.

Wednesday, March 23, 2011