A lot has happened in the last few months at the Dewitt, the PACC condo project at 483 Washington Avenue in Clinton Hill that’s a mix of both market-rate and affordable units. After hitting the market last spring, the market rate units just sat there for most of last year, until the prices began to get reduced. As of November, not a single unit had gone into contract; now, lo and behold, all eight units in phase one are listed on Brooklyn Properties as being in contract along with another two in phase two. Impressive, especially given the state of the market over the last few months. Wish we knew what some of the contract prices were! Update: According to a commenter, the Phase 1 listings that are showing up as sold out are actually the affordable units sold by lottery. That explains a lot!
Dewitt Condo Pricing [Douglas Elliman] GMAP P*Shark DOB
Dewitt Condo Pricing [Brooklyn Properties] GMAP P*Shark DOB
Still an Uphill Battle at The Dewitt [Brownstoner]
Market Rate Units on Sale at PACC’s Dewitt Condos [Brownstoner]