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Five Stories Tall and Made of Wood

The first mission within the sequence, known as Frame 283 and situated at 283 Greene Avenue in Clinton Hill, is an industrial-style five-story constructing with 10 flats, all with two bedrooms and both one or two loos, and personal outside area.

Spruce boards, that are glued at perpendicular angles to make thick beams known as cross-laminated timber, are clearly seen in columns, beams, partitions and ceilings. And the veins, knots and whorls within the wooden received’t all the time be hid behind Sheetrock or paint.

But not each floor at Frame 283 is wooden. Some partitions are made of unfinished concrete, giving the constructing, which has open-air staircases, an nearly work-in-progress look. Some pipes are uncovered, too. Other constructing options embody an 80-panel photo voltaic system, a shared roof deck and a motorcycle room.

While wooden could be pricier than concrete, labor prices could be a lot much less, builders say. In truth, as a result of Frame 283’s cross-laminated timber arrived in prefabricated sections, it took solely about two weeks to place up its essential construction, in what may historically be a six-week mission, mentioned Ms. Wilson, of Frame Home, who wouldn’t reveal the event value. The land, metropolis information present, value $6 million in 2015.

The constructing, which started advertising and marketing within the fall and expects to open this winter, is priced close to the highest of the market.

Rents begin at greater than $four,000 a month, which is excessive for Clinton Hill, the place market-rate two-bedrooms have averaged $three,300 a month, in keeping with the brokerage Ideal Properties Group. But two-bedrooms in next-door Fort Greene common $four,100, the brokerage mentioned.

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About Scott Morgan

Scott B. Morgan writes for Debt Management and Real Estate sections in AmericaRichest.

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