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Brooklyn condos selling fast. (Leases).


A summer lull in selling? Tell that to the agents at residential brokerage giant Douglas Elliman, which has wasted no time in making its presence felt in Brooklyn. Scant six days after Elliman's Development Marketing Group first began marketing 32 condominiums at Bedford Court in Williamsburg on June 24, 17 of the residences were already in contract, without any advertising. Strong word of mouth, building signage and a prominent presence on the Elliman website were enough to drive the eager Williamsburg-bound buyers to the contract table.

Said Helene Luchnick, executive vice president at Douglas Elliman and the broker for Bedford Court, said: "This has to be some sort of record. This is an amazing a·maze  
v. a·mazed, a·maz·ing, a·maz·es

v.tr.
1. To affect with great wonder; astonish. See Synonyms at surprise.

2. Obsolete To bewilder; perplex.

v.intr.
 story."

The Bedford Court condominiums located at 299 Bedford Ave. (corner of South 1st Street) in the edgy "Northside" of Williamsburg represent the most luxurious ground-up new construction condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 project in recent memory; with amenities including on-site parking, fitness center and multipurpose mul·ti·pur·pose  
adj.
Designed or used for several purposes: a multipurpose room; multipurpose software.


multipurpose
Adjective
 room and large sun deck. Most residences have balconies or terraces. One/two-bedrooms are $299,900 to $409,900, with penthouses: $509,900-$689,900.

Bedford Court's 32 residences are sited in an attractive newly-constructed five-story building on a lot formerly occupied by a vacant commercial structure. South First Street Associates of Brooklyn is the sponsor; Denali Construction Corporation is the general contractor A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. , and Mary Brennan Mary Brennan (born May, 1954) in Valparaiso, Florida.

Brennan previously served as a Representative in the House of Representatives of the U.S. state of Florida. She currently lives in Pinellas Park, Florida with her family.
, senior vice president of Community Preservation Corporation (CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. ) approved the construction financing. Douglas Elliman's Development Marketing Group is marketing the $15 million project.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 30, 2003
Words:245
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