Price Cuts as 904 Pacific Hits the Market Again

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The condo at 904 Pacific Street, once part of the “Hello Living” development cluster on the Crown Heights-Prospect Heights border, has been on and off the market since 2009, and now it’s got a new marketer in Aptsandlofts.com as well as lower prices, according to The Real Deal. Prices have gone down by more than $100,000 on some of the bigger units. Aptsandlofts.com President David Maundrell says the units are appealing to “value shoppers” but that the change in marketing firms (Aguayo and Huebener used to rep the building) doesn’t indicate a “problem with the building.” Still, there’s some weirdness here: The Real Deal story says the group of investors that had partnered with developer Eli Karp on the condo recently removed Karp from the project, and Aguayo and Heubener says that though they’d presented offers for 40 percent of the units, “the owners were completely unwilling to negotiate with the buyers.” In any case, the listings on StreetEasy show prices running from $439,000 for a 735-square-foot one bedroom to $775,000 for a 1,360-square-foot two bedroom.
Aptsandlofts.com Takes Over Marketing at Crown Heights Condo [TRD]
Hello Again: 904 Pacific is Back on Market [Brownstoner]
Stirrings at the Dakota [Brownstoner]
At Least Someone’s Sleeping at the Dakota [Brownstoner]
Checking in on 904 Pacific [Brownstoner] GMAP

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