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The Brooklyn Waverly: Fulton Street Gets A Classy New Neighbor

The Brooklyn Waverly: Fulton Street Gets A Classy New Neighbor

By Jeff Vasishta August 3, 2016
Photo courtesy of Brooklyn Waverly

Like Arnold Schwarzenegger and Danny Devito in Twins, Clinton Hill and Fulton Street, around the corner, are oddly matched siblings. The former with its stately, leafy red brick mansions, slate sidewalks and towering brownstones was juxtaposed by the latter, an unattractive hodge-podge of bodegas, abandoned store fronts, ethnic eateries and empty lots. It was that way through much of the ’90’s and first decade of the 2000’s. Then, as gentrification took hold, the tender green shoots of coffee shops and cafe’s started to sprout amid the discount stores and Chinese take-outs.

Related:Gamechanger Alert: A Single Family Townhouse In Crown Heights Just Sold For Over $2 million

While many bemoan the increasing racial disparity in the former middle-class black neighborhood, there’s no denying that Fulton St. has become a more inviting thoroughfare than it once was. The Barclay Center, Brooklyn Yards and rampant development has made its transformation an inevitability. It’s been given another booster shot with the Waverly Brooklyn, a 48-unit condo growing out of a parking lot on Fulton St Waverly Avenue.

The Brooklyn Waverly Photo courtesy of courtesy of Millarc

The GKV Architects designed building features apartments from studios to four bedrooms, many including private outdoor spaces with prices starting at $595,000.

“It’s part of an existing trend along Fulton Street with more high-end eateries and re-furbished storefronts,” says developer Andrew Bradfield of Orange Management who purchased the lot for $9 million in 2013. Bradfield mentions the 400,000 square-foot RXR Realty project nearby at 810 Fulton, currently under construction as pivotal in making Fulton Street “a new entertainment and retail corridor.”

The architectural concrete structure of the building has been written about in the New York Times, and Bradfield is quick highlight the aesthetic advantages of using this design in an historic neighborhood.

“I don’t want to sound like every developer who thinks their building looks great, but once the scaffolding comes down, you’ll see a dazzling design,” he says.

The Brooklyn Waverly Photo courtesy of Millarc

Local business owners are understandably happy about the hive of new development.

“I’ve been here for 6 years and the neighborhood has changed a lot, for the better,” says David Benizeri, owner of Beny’s Delice, across the street from the Waverly Brooklyn. “It’s definitely more of a younger, hipster crowd who commute into the city and buy coffees and pastries going to and from work,” he adds. “It will be great for business when the new building goes up.”

Benizeri feels that the area is more than a commuter hub for hipsters trekking into the city.

“There’s a lot of weekend activity because of the flea market from Lafayette. People come in from Manhattan and other places for that. Then generally, there are a lot of restaurants and activity in the area.”

Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

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