Proximity to the BQE (Brooklyn Queens Expressway) seems to be the new “it” amenity in the rental market (if the Gowanus Canal can be, why not?). Construction along this corridor, known for epic traffic jams, seems to be on the rise. This could be the result of this corridor harboring some of the last unused or underutilized parcels remaining in Queens and Brooklyn. We just covered Roosevelt Avenue in Jackson Heights, now comes 319 and 329 Broadway in Williamsburg, just east of the BQE.
PTAC, or Packaged Terminal Air Conditioners, have become a scourge among those with an eye for architecture. As New York continues to build unabated, our skyline, and PTACs, have experienced uninhibited growth.
PTACs are an inexpensive way to heat and cool a room, or multiple rooms as the case may be. They avoid the cost of central air and heat, which can be extraordinary. Just think of all the duct work, lost interior space, massive heating and cooling units, and maintenance required to heat and cool a large highrise. PTACs slice those costs into smithereens. PTACs cost less than $1,000 per unit, and more often in the range of $300-$600 per unit. Also, if one unit breaks, the loss doesn’t take the entire building offline. Further, such units are often found in affordable buildings, but they have crept their way into luxury buildings as well.