We learned last week that the owner of 422 Classon (the building at left) who had been holding out for top dollar ($1.15 million when we checked a year ago) has finally sold the place to the Pratt Area Community Council, the owner of the two sister buildings (at right). From what we gather, the seller’s game of chicken worked for him in the end, as he was able to jack the affordable housing org for pretty close to the asking price. To celebrate the sale (and hopefully the upcoming restoration — we’re gonna be watching closely), we thought we’d show you a photo that captures the building’s former glorious history as a center of neighborhood trade. The photo, on the jump, comes courtesy of Disassociate.com.
Delusional Pricing on Classon [Brownstoner] GMAP