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rooklyn's tallest skyscraper, the 93-story Brooklyn Tower, is a neo-Gothic giant struggling to fill its luxury condos. Despite its impressive height and swanky finishes, only 19 of 143 units have sold, leaving the building largely empty.
Tamara Peterson and her Pomeranian, Levi, are among the few residents who call the tower home. They occupy the 58th floor, but many promised amenities like a pool and dog run remain unfinished due to ongoing delays. However, Peterson has been receiving perks from new landlord Silverstein Capital Partners, including free gym passes and reduced common charges.
The building's slow sales have been attributed to its high prices, with units selling for up to $8 million. Despite this, residents like Adam Chang are enjoying the benefits of living in a relatively quiet building. "There's fewer people in the elevator, but I don't know who's complaining about that," he said.
Silverstein is gearing up to relaunch sales this spring with Corcoran Sunshine, but it remains to be seen if units will sell. Some experts believe that the building's prices need to drop or that Silverstein might consider renting out condos to stop the cash bleed. Donna Olshan, a Manhattan luxury tracker, notes that even failed projects like One High Line can rise from the ashes.
The tower's developer, Michael Stern of JDS, once touted it as "a symbol of Brooklyn's unceasing drive and ambition." However, the project has been plagued by financial issues, including a $672 million foreclosure settlement with Silverstein. Despite this, some residents are finding benefits in the building's emptiness, like Tamara Peterson, who appreciates the peace and quiet.
