A fully integrated real estate, development and construction company Oestreicher Properties together with GPB Capital Holdings, LLC, an asset management firm, have reached a significant sales milestone at its luxury condominium 211 Schermerhorn.
Just up the street from the Ace Hotel at 266 Schermerhorn, in the Brooklyn neighborhood of Boerum Hill, the Morris Adjmi-designed 211 Schermerhorn Street is now halfway up to its future height of 14 floors.
The Morris Adjmi-Designed Building Continues to Build Momentum, Declaring Effective in Just Eight Months
The seventh generation of Petersens are responsible for some of today’s most architecturally significant—and compelling—structures.
Morris Adjmi, who famously made his mark on Williamsburg with the conversion of an old factory building into the celebrated Wythe Hotel, was inspired by Boerum Hill’s historic architecture and old-world charm when imagining the look of 211 Schermerhorn.
Chris Taylor, Creative Director of Interiors at Morris Adjmi Architects, says that although they do not specifically intend to replicate Scandinavian design, the design principles the firm is based on share many parallels: simplicity, functionality, utility, clean lines, light, natural materials, and craftsmanship.
At 211 Schermerhorn a garden-level residence currently on the market for $2.465 million fits the ‘3 for under $3 million’ bill. Designed by the renowned Morris Adjmi Architects, the three-bedroom homes features 2.5 bathrooms and a 1,151-square-foot garden terrace affording an abundance of natural light and garden views from every room.
New York City developers forego glass and steel for the classic and refined. Not at all forgotten, a trend is slowly taking root among some of today's developers and a return to classic building materials is making a comeback.
211 Schermerhorn is a boutique condo building, designed by renowned architect Morris Adjmi and inspired by New York’s classic apartment buildings. So there will be large industrial-inspired windows, clean lines, Danish brick on the outside and rich finishes and details making sure that the traditional form is accompanied by a contemporary feeling.
The location, choice of materials and design details in the homes along with thoughtful amenities, beautiful layouts with smart pricing makes this one of the best value plays in Brooklyn. The new 211 Schermerhorn is a model for development in NYC. The architecture is unique and offers great light into the homes and views out. The choice of materials gives rich architectural detail to the building. The homes are all well laid out with great air/flow for maximum use of space, feature superb design details, with a classic prewar-like aesthetic that will never go ‘out of style.’
Oestreicher Properties, a fully integrated real estate. and GPB Capital Holdings, an asset management firm, announced the commencement of sales at 211 Schermerhorn, the boutique condominium building, located in Brooklyn’s historic Boerum Hill neighborhood.
Boutique Condominium by Acclaimed Architect Morris Adjmi Hits the Market. Oestreicher Properties, a fully integrated real estate, development and construction company, and GPB Capital Holdings, LLC, an asset management firm, today announced the commencement of sales at 211 Schermerhorn. Located in Brooklyn’s historic Boerum Hill neighborhood. The boutique condominium building will feature a limited collection of one to three-bedroom homes starting at $955,000.
Sales have officially launched at 211 Schermerhorn, one of the few non-monoliths going up amid the many new towers of Downtown Brooklyn. The Morris Adjmi Architects-designed condo—constructed on “an intimate scale of fourteen stories”—offers 48 apartments, with just three or four units per floor.
New condos are few and far between in Boerum Hill, but sales have just launched at 211 Schermerhorn. The contemporary, 14-story building by acclaimed architect Morris Adjmi is rich in detail, including large, industrial-inspired windows, clean lines, and textured Danish brick. Prices start at $965,000.
211 Schermerhorn, a new ground-up luxury boutique condo building in Brooklyn’s historic Boerum Hill neighborhood, has secured a $47.9 million construction loan. 211 Schermerhorn is being developed by Oestreicher Properties, a fully integrated real estate, development and construction company, and GPB Capital Holdings, LLC, an asset management firm.
GPB Capital Holdings and Oestreicher Properties have closed on a $47.9 million construction loan for a 14-story condominium in Brooklyn that’s been in the works since at least early 2015, the Commercial Observer can first report.
Classicism is alive and well in Morris Adjmi’s New York. Why toss 2,000 years of architectural refinement aside when antiquity’s elegant proportions and hearty materials feel just as right today? Adjmi’s latest design to surface is 211 Schermerhorn Street, a 14-story condo underway at the meeting of Boerum Hill and Downtown Brooklyn.
Oestreicher Properties and GPB Capital Holdings received a $47.9 million construction loan for their long-awaited condominium project in Boerum Hill at 211 Schermerhorn Street.
The development will go by its address—211 Schermerhorn—and will have 48 apartments spread out over just 14 floors. (It’s positively fun-size in comparison to, say, Steiner’s 55-story Hub.) Those will be a mix of one-, two-, and three-bedroom apartments, with just three or four units per floor.