We received a tip that Williamsburg’s 80 Metropolitan has received its temporary certificate of occupancy (effective as of August 17) and has sent out its closing notices. According to self-reported data on StreetEasy, 45 of the building’s 61 active listings are in contract—about 74 percent. (Of course, there are 123 total units in the building.) We reported in June that the powers that be at 80 Met were slashing prices only on certain units, and this pattern has continued. Unit 2P, for example, went from $825,000 to $735,000 in June, and is currently listed at $699,000. GMAP
80 Metropolitan [StreetEasy]
Price Cuts at 80 Met [Brownstoner]