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Luxury Condos in Brooklyn: 'Fourth Avenue Could Be The Park Avenue of Brooklyn' Says Carlo A. Scissura

Brooklyn Chamber of Commerce president Carlo A. Scissura apparently has big plans for the borough's Fourth Avenue, which was deemed as a dull boulevard for decades.

"Fourth Avenue could be the Park Avenue of Brooklyn," said Scissura, who also initiated a task force back in 2011 "that pushed for the revitalization of the corridor" while he was serving as chief of staff to then Brooklyn Borough President, Marty Markowitz.

As it turns out, several changes have already been made throughout the years, but it seems as though Scissura prefers to go above and beyond. The New York Times reports:

"Changes have indeed come to the avenue, which stretches some six miles from Atlantic Avenue to near the Verrazano-Narrows Bridge. Various traffic calming and safety measures by the Department of Transportation have been implemented. Zoning changes have prompted a batch of large rental and condominium buildings to sprout on the corridor in the last several years, giving many parts of the avenue a cleaner, more inviting look."

While Scissura thinks that minor improvements such as "more trees, better lighting and more retail," developers who would typically be constructing on Park Avenue are already beginning to join Scissura's vision of a bigger and better Fourth Avenue.

In fact, a Manhattan-based developer of high-end condos and rentals, called JDS Development Group, will already begin sales in March for it's 11-story, 44-unit condominium on Baltic Street and Fourth Avenue, according to senior managing director of the Corcoran Sunshine Marketing Group, Jodi Stasse.

Apparently, JDS Development perceives that luxury condominiums along Brooklyn's Fourth Street "can attract affluent families."

"You have great transportation options, and all that Gowanus and Park Slope has to offer," said Stasse, who highlight the nearby nine subway lines.

The Baltic, situated on 613 Baltic Street, offers two- and three-bedroom units, and only two one-bedroom units, as noted by Stasse.


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