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September 29, 2005

"A Good Turnout" in Clinton Hill

While Chelsea and the Upper West Side proved to be barren wastelands last weekend, the one bright spot on Curbed's survey of open house attendance around the city turned out to be in our own back yard:

Got on offer on a place I'm selling in Clinton Hill within 1 week of it being listed. I didn't attend the open house, but the realtor didn't describe it as manic or desolate. Just called it a good turnout.

Open House Cold Front Update [Curbed - 4th Item]




Posted by Brownstoner at 12:33 PM | Comments (20)
Categories: Market

Comments

I went to some openhouses on Eastern Parkway across from the Brooklyn Museum and they were empty. I have been looking for the past couple of years and have never seen such low turnout at openhouses.

Posted by: anonymous at September 29, 2005 1:03 PM

Went to an open house here

http://www.flateaurealty.com/homedetails.aspx?propid=629

last night. We were one of five parties.

Posted by: Hal at September 29, 2005 1:26 PM

I'll be very interested to see how all the new condos that are coming on the market in Brooklyn right now sell. While a few seem to be selling out quickly, others seems to be moving quite slowly or not at all (Court Street Lofts, for example).

Posted by: Anonymous at September 29, 2005 1:48 PM

I still believe that the Court Street lofts are the tipping point -- just as they were back in the 80's when they tried to go co-op. There is so much being built right now...and it looks like the trade-up buyers are dwindling.

Posted by: Anonymous at September 29, 2005 2:50 PM

how come carlton st./green ave. condos not sold out yet?

Posted by: Anonymous at September 29, 2005 3:15 PM

I went to an open house in Park Slope. There had been only 1 person ahead of me, about 1/2 hour earlier, and no one else arrived during the 15 minutes I was there. The broker actually told me he has advised the seller to lower his asking price, so he virtually begged me to make any offer. I passed.

Posted by: DN at September 29, 2005 3:33 PM

At least some that are affordable are going like hotcakes. That one on 20th Street that Corcoran was selling appears to have sold out entirely in about three weeks. It was about $500 sq ft, I think.

Posted by: Anonymous at September 29, 2005 3:33 PM

Where was the Park Slope open house?

Posted by: Anonymous at September 29, 2005 4:45 PM

47 Plaza Street West

Posted by: DN at September 29, 2005 4:55 PM

I'm a broker and we are still selling houses, and apts. big and small, coop and condo for full price or above so far this fall. Every season there is a dropoff of buyers who feel priced out and this one is no exception. But things are still going strong at all levels of the mkt. Sorry if this is bumming those of you sitting on the sidelines out. But it's really true.

Posted by: Anonymous at September 29, 2005 8:27 PM

Good for you then. We are glad that you are making lots of money...Well, that is the truth, isn't it.

Posted by: Anonymous at September 29, 2005 11:29 PM

To Anonymous 8:27pm, as a property owner I am glad to hear that the real estate market has not burst.

Posted by: DN at September 30, 2005 9:17 AM

To 1:03 -- when you say 'I have been looking for the past couple of years' does that mean you really are looking or you just enjoy going to openhouses?

To 3:15 -- The Carlton/Greene apts haven't sold because they're ugly, overpriced, and totally out of character with the very reason people move to Fort Greene/Clinton Hill in the first place, which is to be part of Brownstone Brooklyn, I believe.

Posted by: renogirl at September 30, 2005 10:49 AM

Note that the 2nd Place condos in Carroll Gardens appear to have been largely sold after only 2 weeks or so on the market. And they weren't exactly cheap.

Ron Weasley

Posted by: Anonymous at September 30, 2005 12:41 PM

The 2nd Place condos sold out on the day they went to market. Build a quality product and it will sell easily. That some places linger speaks more to poor design, poor workmanship and overpricing, not to market trends. It's sad to see how many developers are penny-wise and pound-foolish.

Posted by: anonymous at September 30, 2005 12:59 PM

Are the 15th Street Park Slope condos selling? I know the 7th Street ones aren't.

Posted by: Anonymous at September 30, 2005 1:07 PM

You want to hear about some REALLY overpriced condos? I attended the 1067 Fulton St @Classon preview Oct lst. They won't even admit the sq. footage of the units as it's too embarrassing. We're talking real sardine cans here. Not to mention the "bouncers" - some very rude thugs they had on hand to make sure people stayed on the 2nd floor. They were so unprepared for any questions (intelligent or otherwise), the whole thing was very unprofessional - a total fiasco. They couldn't give an idea of maintenance charges, (or anything for that matter)they just told people "If you're prequalified, fill out the form indicating the unit you are interested in, and we'll send the 200 page offering to your attorney. Then all your questions will be answered." It seemed as though they didn't care if they sold any at all. Most people left confused and disgusted. I don't think they will do well at all. I'm no longer interested.

Posted by: Anonymous at October 4, 2005 12:40 AM

who's the broker on these 1067 Fulton St @Classon condos?

Posted by: ltjbukem at October 4, 2005 4:03 PM

A number of the 15th Street places are now listed as "under contract" so I think the answer is yes, they are selling.

Posted by: Anonymous at October 4, 2005 10:19 PM

are thier any condo's (not co-op's)
under $200,000 anywhere in brooklyn... i will take 2

Posted by: dave at February 6, 2006 2:44 PM

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