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Sales haven’t been going as well as hoped at the colorful six-story development at 90 Clermont Avenue in Fort Greene known as Das Haus. Eight months after coming on the market, only one of the seven units is in contract. The lack of activity has prompted the developer to reduce prices for a second time. The cuts aren’t big—between $5,000 and $25,000—but at least they restart the clock when it comes time to calculate the official time on market, right? Despite the fact that the building doesn’t exactly blend in, we would have thought these places would have had an easier time finding buyers: the apartments aren’t huge but the developer put a lot of attention into the finishes. Maybe $600 per square foot north of Myrtle is just a non-starter in this market.
Das Haus at 90 Clermont [StreetEasy] GMAP P*Shark
Das Haus Gets Zwei Price Cuts [Brownstoner]
Das Haus at 90 Clermont [Brownstoner]


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