The building’s not much to look at in our opinion and the interiors look like many other developments to hit the market in the last couple of years, but that hasn’t stopped about half the units at 529 Court Street from selling, though we can’t recall how long they’ve been on the market. It looks like the remaining units are priced at around $600 a foot which doesn’t seem outrageous. It just makes us wonder again about how all the new condos are going to be absorbed in the weakening market. There’s a finite supply of nice prewar apartments, so we’d expect those to hold up much better as things cool off.
The Terraces on Court [Brooklyn Properties] GMAP
Listings [529Court.com]