Priciest Brooklyn Sale of '09 is in Gravesend!
Holy moly! The sale of 2111 East 2nd Street in Gravesend for $10.26 million just hit public records, and although the price tag isn’t high enough to make it a Brooklyn record, it’s definitely the biggest sale of this year, and probably one of the top 10 or so biggest house sales in the borough…
Holy moly! The sale of 2111 East 2nd Street in Gravesend for $10.26 million just hit public records, and although the price tag isn’t high enough to make it a Brooklyn record, it’s definitely the biggest sale of this year, and probably one of the top 10 or so biggest house sales in the borough ever. (Houses in Brooklyn Heights, for example, have traded for more.) Here are the specs on 2111 East 2nd from Property Shark: It’s an 8,206-square-foot one-family house that was built in 1998. The buyer of the manse was cloaked behind an LLC.
2111 East 2nd Street Deed [ACRIS] GMAP P*Shark
Photo from Property Shark.
Check the information on the owner of the house at 2021 East 13th, the listed address of the LLC that bought the property. Doesn’t look to me like a Syrian Jewish name. In fact, it looks Italian.
http://a836-acris.nyc.gov/Scripts/DocSearch.dll/BBLResult
touchiest group of posters. ever. gets worse here with every passing week. my $0.02 is that the folks screaming racism/envy could be taken down a notch. GMAFB.
if i were the irs…i’d be investigating these types of sales quite closely. these kind of transactions can occur to launder money. just saying.
from an economics standpoint, you’d have to measure supply vs demand. is there really such a heavy demand from this one limited demographic that the supply can’t keep up? it’s not so hard to know. someone with time could define the enclave boundaries and search comps. on the face of it, it seems unlikely but i’d be open to someone showing me the data (and more than a handful of comps, at that).
Hmmm, Interesting. I stated the documented modus operandi of a small segment of the Syrian/Lebanese Diaspora – its elite merchant class, as covered by any journalist that has done a story on them. I NEVER used the words “Jewish” or “conspiracy”, YOU DID. Please, Mopar – if you have issues of your own anti-Semitism or self-hatred to deal with, please don’t project it on me. FYI, it may come as a shock to you but most Syrians aren’t Jewish.
What are you positing, a worldwide Syrian Jewish conspiracy? Don’t be ridiculous. How offensive.
As with the critique of the “Mc Mansion” in Sheepshead Bay, the predictable, petty bourgeois, condescending sentiments from this site on anyone who dares to live outside the “brownstone belt aesthetic” and not follow the ethos of P.S. 321 brigade, is almost certain.
It’s no coincidence that in many a developing country, whether it’s the Caribbean or Latin America, from Trinidad & Tobago to Mexico, the major modes of industry are controlled by a Family or two of Syrian/Lebanese decent. Marrying out of the community is strictly forbidden, doing business with outsiders are frowned upon. There is an enormous concentration of wealth with virtually no philanthropy outside of the said group. Hence, when someone wants an 8000+SF house, they buy one, regardless of the price.
What a really nice $350K house anywhere else in the entire USA
So no one is being unfairly excluded.
Posted by: denton at September 28, 2009 4:35 PM
Wrong Denton- The inflated pricing and collaborative behavior serves to keep these fine properties available to only a select group of Brooklyn families. I agree with you in the sense that most people outside the enclave would have no particular desire to live within the enclave, however, this does not make the overall practices right and just.
This is silly, it makes no dif whether the brokers are ‘racist’ because the fact of the matter is that no one outside the Syrian Jewish community would pay anything near that for this house. So no one is being unfairly excluded.
you guys are reading into this all wrong. they dont keep people out as a goal. thats just the outcome of the high demand for the houses and the wealth within the community. I dont think people realize how many billionaires live in Gravesend and how big there families are. There are at least 3 guys who are BIG time real estate moguls. The demand for housing in the prime Gravesend is so high that it is sold before it even comes on the market. The area has private security detail that is paid for by the community.