Moving From Dyker Hts to a Williamsburg Condo
This weekend’s “The Hunt” column in the Times tells the tale of a couple who decided they wanted to move from their rent-free house in Dyker Heights to a condo in Williamsburg. The pair settled on Williamsburg because the neighborhood offered better value than Manhattan areas like Chelsea and Chinatown; the commute to their flower…
This weekend’s “The Hunt” column in the Times tells the tale of a couple who decided they wanted to move from their rent-free house in Dyker Heights to a condo in Williamsburg. The pair settled on Williamsburg because the neighborhood offered better value than Manhattan areas like Chelsea and Chinatown; the commute to their flower shop on Lafayette Street would take 20 minutes or less; and they were attracted to its dining and drinking scene. However, after the two signed a contract for a $695,000 1-bedroom at 125 North 10th, above, they learned that they had a baby on the way. Since this turn of events happened after last fall’s market implosion, they were able to negotiate a $60,000 discount off list on a 2-bedroom in the same building, and moved in this summer. The most interesting part of the article is the description about how Williamsburg isn’t the perfect match the couple thought it would be now that they have a baby on board: “They are concerned about schools, which they never thought about before. The neighborhood now feels young, and not especially baby-friendly. The Wus wish they could take more advantage of their new neighborhood. ‘When we see people having fun eating at the restaurants, just kind of hanging out,’ Mr. Wu said, ‘we feel like, man, this is what we should be doing! We feel we missed out on the night life here.'”
The Hunt: Shifting Priorities [NY Times]
Hahaha Heather, that is a very good list of requirements you have there.
Even two bathrooms — just another thing to clean. And thanks, Biff! But I can’t help but realize that there’s at least two or three generations of people younger than I doing stuff like buying $700K one-bedrooms in Williamsburg.
And maybe their youth explains that mistake, at least?
Heather, I know what you mean about bathrooms, When your’re pushed for space (eg under 1300sq ft), who needs more than two bathrooms – even if you’ve got two kids?
(excluding any poor souls with GI tract disorders).
Heather, I’ve met you in person and you are NOT old!
You look very youthful. Seriously.
Au contraire, Biff. I’ve been using “like” since it came into the colloquial originally 🙂
But yeah, no, the 3.5% FHA thing has actually made me more optimistic about the housing market… at least in the short term. It seems like if that can prop up the real estate market for a while, it might not collapse much farther. Now, granted, I am still not interested in anything that costs more than $500K, I want two bedrooms, I want 98% of the space NOT to be bathrooms (one bathroom and not three would be a plus), and I don’t want a kitchen island… so that limits the field considerably.
Wine lover has missed his calling writing skits for SNL. Honestly…this crap is so absurd, one would almost think it’s a joke.
Comedy Gold!!
I bet that baby’s outfit costs more than mine :-\
hahah etson. the scary thing is i think minard was being serious :-/
*rob*
Is this one of the buildings I watched the workman glue the “bricks” to the side? They don’t have to worry about schools, Grandma and Grandpa will pay for private school and the bus service there.