Mrs. Bukem couldn’t have been very happy that LTJ was spending Valentine’s Day posting about the newest Fort Greene condo to hit the market, but we’re glad he brought it to our attention. Oddly called Das Haus, the new development at 90 Clermont Avenue is an undetermined number of units (high single digits, most probably), ranging in price from $359,000 for a studio to $750,000 for a two bedroom. Set Speed, who pays special attention to the Fort Greene and Prospect Heights markets, think the developer is pushing it on price: “Asking $700 psf is a tall order in this non-prime area of Fort Greene,” he says. “Especially when they’re located blocks from public housing.” While it’s true that this side of Myrtle is still a tough sell and this block ain’t the best, we stick by the opinion we expressed in the Verdi post last week that there is not a lot of supply (yet) of smaller condo units in this neighborhood. So while the pricing may have to come down, we think the buyers will ultimately be there.
90 Clermont Avenue [Corcoran] GMAP P*Shark
Das Haus – 90 Clermont condos [Set Speed]