Model’s Greenpoint Reno Already Gone


Despite blog commenters not buying the asking price of the $2.5 million Greenpoint townhouse listed by model Josh Wald, Curbed reports that the home has already entered contract. The price is rumored to be the full ask. The home, purchased three years ago for $920,000 and totally renovated, boasts a recording studio, wine cellar and library. Commenters weren’t crazy about the price or the new look, and the New York Times wrote an article about the debate. If this home indeed sells at ask, it will break the record for the highest residential sale in Greenpoint. The record was set this August when 143 Kent Street sold for $2.25 million.
Josh Weld’s Greenpoint Townhouse Finds a Buyer [Curbed]
Greenpoint Seller Didn’t Appreciate Blog Comments [Brownstoner]
House of the Day: 87A Guernsey Street [Brownstoner]

21 Comment

  • Why is that? If you were rich AND stupid you’d live in Park Slope, not here.

  • It continues to amaze me how much money is floating around these days. It seems like there are all these rich folks who see something they like and just buy it no matter what the price. Makes it tough for the rest of us to not feel a little jealous.

  • It is surprising to a lot of us, hence the comment “blog commenters not buying the asking price.” I was one of those, and i still can’t believe it. Guess I was wrong (shrugs).

  • I am so glad that he got his money!

  • Isnt $$$$ printing just grand? QE-infinity will solve all of our problems. The best part is that the know-it-all ‘economists’ will have the masses believe that we were in/are still in a deflationary period. I guess the didnt learn from the last housing crisis. This will end bad. $920k three years ago + some decent improvements,granted now = $2.5m??? Please.

  • why is it surprising? seems pretty consistent with the insane prices houses are getting in other neighborhoods.

    • Well it said its an all time record for that area. A case could be made that its not even the best part of that area. A case could also be made that the facade alone would drag down the price, not to mention very buyer specific things like a recording studio. This is why so many of us are surprised.

      • you really don’t sound like you know Greenpoint very well at all…where you from?

        • Based on what? My comment that you could argue its not even the best part of Greenpoint? Or my comment that the facade/recording studio could be a sticking point for many buyers? I feel these are comments that were voiced by quite a few others as well. I’ve noticed that pro-Williamsburg/Greenpoint people are very defensive on this site, and I dont know why. I love both areas! I’m from Park Slope, so now you can tell me I don’t know anything.

        • Based on what? My comment that you could argue its not even the best part of Greenpoint? Or my comment that the facade/recording studio could be a sticking point for many buyers? I feel these are comments that were voiced by quite a few others as well. I’ve noticed that pro-Williamsburg/Greenpoint people are very defensive on this site, and I dont know why. I love both areas! I’m from Park Slope, so now you can tell me I don’t know anything.

    • Well it said its an all time record for that area. A case could be made that its not even the best part of that area. A case could also be made that the facade alone would drag down the price, not to mention very buyer specific things like a recording studio. This is why so many of us are surprised.

  • NYC real estate prices have absolutely no correlation to inflation/deflation, Green.

    “This will end bad (sic).” is really a ridiculous statement when you can’t quantify when or by how much.

  • greenpoint/williamsburg fans are often defensive for the same reason park slope fans and residents are–everybody in the blogosphere loves to sh!t on those neighborhoods! and why not? there’s plenty to laugh at. I don’t care when people take the piss out of my neighborhood, but there’s a so much flawed logic about pricing around here… there’s zero supply of nicely renovated homes in gpoint/wburg, so when something like this house comes along–as specific as it may be–it’s not terribly shocking that there’s at least ONE buyer who is willing to pay up for it.

    • Well, I stand by my statement that many were surprised that this house went for ask due to the reasons stated previously-I love Williamsburg/Greenpoint, I totally get why people would want to be there, I totally get that there are not many renovated homes there-I just didnt think THIS would be the house that broke the record for price in that area. I, like a ton of other people, was wrong, no big deal. And regarding the flawed logic about pricing in that area, well, the site is Brownstoner-many of us are brownstone obsessed and probably focus our attention more on the areas with you know, brownstones. Please forgive us residents of Greenpoint.

  • greenpoint/williamsburg fans are often defensive for the same reason park slope fans and residents are–everybody in the blogosphere loves to sh!t on those neighborhoods! and why not? there’s plenty to laugh at. I don’t care when people take the piss out of my neighborhood, but there’s a so much flawed logic about pricing around here… there’s zero supply of nicely renovated homes in gpoint/wburg, so when something like this house comes along–as specific as it may be–it’s not terribly shocking that there’s at least ONE buyer who is willing to pay up for it.

  • fair enough, walkuplife. this blog is indeed called brownstoner…. that said, I think the banner picture of a brick building in greenpoint sort of evens things out ; )