Zoinks! The Clermont Going Rental


It ain't the first and it sure as heck won't be the last. The Clermont Condominium, the 52-unit project that opened for business back in April is packing it in and going rental, according to industry sources. In a declining market, the attractive but not particularly sexy building evidently had a hard time competing against some of the higher-profile projects in Fort Greene and nearby Downtown Brooklyn. While the developers can't be too psyched about the change in direction, we suspect they will find strong demand from renters. While the Myrtle location might have given buyers pause, there's gotta be plenty of young professionals and even wealthy Pratties for whom this location will work perfectly. No word on rental pricing yet.
The Clermont Condominium Open For Business [Brownstoner] GMAP
Streetlevel: Walgreens Signage at The Clermont [Brownstoner]
Development Watch: The Clermont Primps for Pre-Sales [Brownstoner]
Development Watch: The Clermont Revisited [Brownstoner]
Streetlevel: Walgreens Coming to Myrtle Avenue [Brownstoner]
Development Watch: The Clermont [Brownstoner]
New Development at Myrtle and Clermont Avenues [Brownstoner]

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