First Few New-Old Listings Trickle in for 20 Bayard

The problem-plagued Williamsburg development 20 Bayard got a second shot at life when an investment firm purchased 37 unsold units in the building last fall for $25 million. Now the first few listings of condos acquired in the sale have made it online. All three of the units currently for sale are one-bedrooms. One of them is a 670-square-foot condo asking $535,000 that was originally on the market for $625,000 in 2007 and was last going for $499,000 in 2009, before the listing was pulled. Another is an 812-square-foot pad asking $635,000 that was first listed for $615,000 in 2008. According to the Real Deal, the original developers sold 25 units in the building between 2007 and 2009 before defaulting on debt.
20 Bayard Listings [StreetEasy]
Unsold Units at Williamsburg’s 20 Bayard Change Hands [Brownstoner]
Less Money, Mo Problems for 20 Bayard Developer [Brownstoner]
20 Bayard Goes Belly Up [Brownstoner] GMAP