Prospect Park Apartments

Apartments adjacent to parks in Manhattan, and near Prospect Park and the planned Brooklyn Bridge Park here, are selling at a 25 percent premium, the New York Sun reports. The average sales price for On Prospect Park, a 114-unit, 15-story glass building going up on Grand Army Plaza, is about $1,100 a square foot. And units inside One Brooklyn Bridge Park, the 449-unit conversion of the former Jehovah’s Witnesses Distribution Center, are selling in excess of $1,200 a square foot. “Being across from a park provides not only a nice view, but also far more light and air for the units — in perpetuity — than does a midblock site,” Abby Hamlin, president of Hamlin Ventures, told the Sun.