Cabana Prices at 70 Washington Up 30 Percent
Talk about turning water into wine. While skyrocketing prices in Dumbo have made it the priciest nabe in the borough to buy a condo, the market for rooftop space has also been climbing, reports The Daily News. When Two Trees Management decided to build 22 rooftop cabanas at 70 Washington Street and sell them separately…
Talk about turning water into wine. While skyrocketing prices in Dumbo have made it the priciest nabe in the borough to buy a condo, the market for rooftop space has also been climbing, reports The Daily News. When Two Trees Management decided to build 22 rooftop cabanas at 70 Washington Street and sell them separately from the apartments below, no one could have guessed that one of them would ultimately sell for $325,000, the price one recently traded for. In addition to the river views, buyers get ipe wood flooring a fence and, well, that’s about it.
Cabana Craze Hits the Roof [NY Daily News] GMAP
Poster # 1…
Didn’t you mean $320 a day?
At $320 a year, it’s a great value.
I looked at 70 Washington and have to admit that I was slightly intrigued by the cabanas, but I also naively thought they included some sort of small structure with plumbing and electricity.
Private outdoor space is a real luxury in New York so that alone would have to make the price for these things worthwhile since no view is guaranteed. This is especially true in a neighborhood as small as Dumbo – where there is almost nowhere left to build but up.
I wish all the people who are not native NY-ers who obviously have way too much money and love to throw it around would move somewhere else so the RE prices here would stop getting driven to ever more ridiculous highs.
I think we found ourselves one of them there cabana-buying suckers…
The vast majority of the poster here are some shit talking mf’s. What do you OWN???
Don’t hate…No, DO hate!!! ’cause these bad boys are something you simply can’t afford.
Get back to work and maybe you might be able to buy a condo in asbury park
People really are idiots. With the exception of the person that flipped one already. Brilliant.
If the building isn’t right on the water, you can lose that view you overpaid for. Plain and simple. You can’t buy views.
Interesting. The people buying these are clearly retarded, and I didn’t realize that retarded people had this kind of money.
At the DUMBO
DUMBO cabana
You gotta hand it to the developer, don’tcha? Roof decks are mostly useless. Also it’s really hard to snort blow on a widswept rooftop.
yeah…these cabanas are about to lose their fantastic views…walentas is building the entire block directly south and east of 70 wash (this will completely block 70 wash’s views of the brooklyn bridge)….the jehovah’s parking lot in front of the building will likely be developed, too…a sucker born every minute, i guess…