Curbed has the results of yesterday’s auction of The Locale in Greenpoint. The 16-unit condo auction was held by Sheldon Goode at the New York Marriott and by the sound of it was quite effective. Only five units ended up being sold via live bidding; after that, the developer had interested parties submit private offers. A fourth floor one-bedroom with 726 square feet went for $312,500 and a ground-floor studio with 908 square feet sold for $272,000. More details on the link.
On the Block RESULTS: Five Greenpoint Condos Sell [Curbed]
The Locale: Greenpoint Condo Auction [Brownstoner] GMAP