
Taconic Investment Partners announced that Prudential Douglas Elliman is the new exclusive listing agent at MeadowWood at Gateway.
Brian Meier, senior vice president of Prudential Douglas Elliman will head the onsite sales office at MeadowWood, composed of eight in-house agents. The change in sales teams at the property creates an opportunity for brokers in the Brooklyn market since co-brokering is now encouraged. Douglas Elliman is offering a three percent commission split with outside agents on closed contracts.“MeadowWood at Gateway offers a very unique opportunity that I have not seen in any other condo development throughout Brooklyn,” said Meier. “That coupled with the areas amenities and growth potential makes this one of the best purchase opportunities in today’s marketplace.”
Located at 12205 Flatlands Avenue in the East New York section of Brooklyn, the development is over 53 percent sold, a success set in motion by Fillmore Real Estate when sales launched in 2007, according to the developer. The property has 19 high-rise and garden-home buildings set on two campuses. Taconic has invested over $40 million in renovations which include new windows and elevators, energy-efficient heating systems, refurbished lobbies and security enhancements, digital intercom systems, renovated laundry rooms and landscaping. Units range from studio to four-bedrooms priced from from $120,900 to $304,000.