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September 14, 2007

Residential Sales in Brooklyn

20plazastreeteast.jpeg
PROSPECT HEIGHTS $819,000
20 Plaza Street East GMAP
2-bedroom, 1 1/2-bath, 1,200-sq.-ft. co-op in a prewar building; 24-hr. doormen; dining area, windowed kitchen and baths, 2 walk-in closets, 3 exposures; laundry in building; maintenance $868; 40% tax deductible; listed at $819,000, 26 weeks on market. Broker: Corcoran Group Brooklyn.

FORT GREENE $406,399
125 Ashland Place GMAP
Two-bedroom, one-bath co-op, 950 square feet, with oversized windows, dining alcove and N/E exposures; building features garage and laundry. Maintenance $687. Asking price $399,000, on market 358 days. Broker: Cindy McField, the Corcoran Group.

First item from the print edition of yesterday's New York Times; second from New York Post, Just Sold!; photo of 20 Plaza Street East by Gregg Snodgrass for Property Shark.




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Comments

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Thomas Jefferson

Good Friday to the clueless. Next week should be fun in the markets.

America is running on fumes and people are buying 800k 2 bedroom apartments. America as we know it is toast.

The What
Reality Parser

Posted by: guest at September 14, 2007 11:34 AM

What is up with the What? Are you really so bored with your existence that you have to obsessively post on this blog? Who is it helping? If you are bitter about real estate prices, fine, it's perfectly understandable. If you think most of the people here are irritating shills for housing hysteria and fetishization, fine. Everyone's entitled to an opinion. But by repeatedly posting the same quotes here you look like a bitter, unstable, OCD loser with too much time on your hands. Nobody cares what you have to say. Go out for a walk around the park. Live a little.

Posted by: guest at September 14, 2007 12:40 PM

maybe "the what" is the "psycho" killer from clinton hill yesterday....?

Posted by: guest at September 14, 2007 1:06 PM

What is up with the What? Are you really so bored with your existence that you have to obsessively post on this blog? Who is it helping? If you are bitter about real estate prices, fine, it's perfectly understandable. If you think most of the people here are irritating shills for housing hysteria and fetishization, fine. Everyone's entitled to an opinion. But by repeatedly posting the same quotes here you look like a bitter, unstable, OCD loser with too much time on your hands. Nobody cares what you have to say. Go out for a walk around the park. Live a little.

No Dumbass i love life and the neighborhood I grew up in. I fighting stupid assed shit, asset bubbles and open class warfare.

America is GOING down the tubes and no one gives a shit. Inflation has gone ape shit, the value of money is trash and the people of this land is too brainwashed to notice.

I'm gad I have your attention, maybe as a whole we can change it, MAKE THING BETTER!!!


"maybe "the what" is the "psycho" killer from clinton hill yesterday....?"

No fuckhead, I don't shoot unarmed people. I grew up in a different time where you put you hands up if you had a disagreement.

BTW It's BED STUY BITCH!!!!

The What

Reality Parser


Posted by: guest at September 14, 2007 1:28 PM

The What is relying on a quote from a notorious debtor who always lived beyond his means and only stayed afloat because his slaves tended the land that he inherited. His opinions on banking were simple minded and we are very fortunate that they were not followed. The same could be said for the What.

Posted by: guest at September 14, 2007 1:48 PM

Nice one 1:48!

Posted by: guest at September 14, 2007 2:00 PM

"The What is relying on a quote from a notorious debtor who always lived beyond his means and only stayed afloat because his slaves tended the land that he inherited. His opinions on banking were simple minded and we are very fortunate that they were not followed. The same could be said for the What."

So you think money backed by nothing is cool??? Fiat money systems always fail. Inflation and Deflation is a way to rob out of you wealth and labor.

America needs to sell 2.5 Bi dollars a day of debt to stay afloat.
Very soon you will see the game play out, America is in big trouble.

Posted by: guest at September 14, 2007 2:00 PM

I like you Mr. The What.

Posted by: guest at September 14, 2007 2:32 PM

so tell me...if this 2 bedromm went for 819K, what does everyone think a renovated 2 bdrm, in prime park slope, right on PPW, with views of the city, just under 1000 sq ft and a low mnt of around 800 would go for?

Posted by: guest at September 14, 2007 2:33 PM

is a half a bathroom worth over 400K??? that's the price difference of the 2 apartments and the one in ft greene has a lower mnt. what is going on?

Posted by: guest at September 14, 2007 2:36 PM

2:33...


1.2 million

Posted by: guest at September 14, 2007 2:55 PM

LOL 2:55

Posted by: guest at September 14, 2007 3:13 PM

I was being serious. PPW with 800 maintenance. That's LOW! Depending on the number of baths, 1.2 is not unreasonable.

Check the comps yourself. Might be a tiny stretch, but I wouldn't sell it for less than a million, for sure.

Posted by: guest at September 14, 2007 3:26 PM

The What = Emilia Earhardt on Curbed

Posted by: guest at September 14, 2007 3:49 PM

Personally, I love The What. And kinda agree with him.

Posted by: guest at September 14, 2007 10:23 PM

The What is right. His writing style is a little rough around the edges, but hey, the rough around the edges folks aren't delusional. They can read the tea leaves as well as anyone else, and they have the added benefit of being able to see that they're not immune to history's ups and downs. Which is more than I can say for people who are taking out thirty-year mortgages on $1million-plus properties in Brooklyn right now.

I mean, AllState stops renewing their homeowners insurance policies in NYC, oil is $80/barrel with no hurricanes, the dollar is crashing, there are bank runs in England, hedge funds are imploding, all of our pollinator bee populations are dropping dead for no reason, we have barely 6 inches of topsoil left, and everyone just thinks, well, at least I've got a great job in advertising. Wake up, crazies. We're at the top of the roller coaster, it's all downhill from here. Everyone is about to get much, much poorer.

Posted by: guest at September 15, 2007 12:58 PM

12:58 - At least I have a great job as a CPA, if things get really bad I should still find work doing bankrupsy work.

Just Kidding, but seriously, the sky is falling stuff is a little over the top.

Pollenator Bees? Come on. Back in the 50's and 6o's my parents were facing nuclear anhiliation. Life will go on for most - maybe you will be much much poorer, but maybe you should have thought about that before going to school for "Marketing"

Posted by: guest at September 15, 2007 1:07 PM

most people in new york who are not wealthy have no concept of the amount of wealth that a lot of people here have accumlated.

no idea, whatsoever.

yes, people may get a little poorer. this is true.

when we're talking of millions of dollars here, you can afford to be a little poorer.

just because you don't have the millions (nor do i) doesn't mean it isn't out there. there's money like you wouldn't believe. even in brooklyn.

Posted by: guest at September 15, 2007 3:37 PM

Saying "the what is right" is similar to holding a sign that says Paris Hilton for prez.

Posted by: guest at September 15, 2007 4:16 PM

Paris Hilton would be a big step up from the current prez.

Posted by: guest at September 15, 2007 7:43 PM

pollenator bees or no, I'm sure as hell gonna get mine.

And btw, The What doesn't even have a 101-level understanding of basic finance and economics. I think he just reads wikipedia or something. People like him (and half the other ding dongs here) are why I'm not real worried about waking up poor some day.

Posted by: guest at September 17, 2007 12:16 AM

can someone please answer why these two apartments, both 2 bedrooms, had a 400K range??? ashland is a fine block and plaza st is too (albeit a little nicer). this range makes no sense. are we as consumers getting taken?

Posted by: guest at September 17, 2007 8:07 AM

^ i can see why the first is more but not 400,000 more

Posted by: guest at September 17, 2007 8:16 AM

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