Condos of the Day: Still an Uphill Battle at The Dewitt

the upper levels are way overpriced. so much money, and no central air even?

Posted by: guest at November 20, 2007 12:49 PM

Credit Market Collapse Claims Victims as Lawyers Exit

http://www.bloomberg.com/apps/news?pid=20601109&sid=aRr7SXEHGIbk&refer=home

"Clifford Chance, the world's highest-grossing law firm, dismissed six senior associates who worked on mortgage-backed securities in its structured finance practice on Nov. 5. At least two other firms asked associates, or salaried lawyers, to take sabbaticals or switch departments, a move that often precedes job cuts. Partners, about one-fourth of the attorneys at the biggest firms, may also face some belt tightening."

Boy O Boy! You may get a bonus but, you won't have a job in 2008. People this thing is getting real nasty. Wake up! Wake up!

The What

Someday this war is gonna end....

Posted by: guest at November 20, 2007 12:49 PM

IN POLL, 79% OF BROOKLYN BROWNSTONE DWELLERS RANK NATION’S CRAPPY HOUSING STOCK AS #1 PROBLEM FACING COUNTRY

Nov. 20, 2007

A survey conducted by Gallup/Brownstoner of Brooklyn’s brownstone residents indicated that 79% feel that the nation’s ugly houses and residential buildings are the number one issue and challenge facing the United States. In the survey, 12% chose the environment as their primary concern, 8% chose illegal immigration, 1% chose the economy and 0% chose the conflict in Iraq/terrorism.

“There are essentially only five or six habitable neighborhoods in the entire United States,” said one survey taker, who chose only to reveal his identity as ‘Rehab’, “and they are all in the borough of Brooklyn…This is unsustainable.”

Rehab went on to say, “as they say, man cannot live on bread alone, and residing in finely appointed, nicely restored, detail-rich brownstones is an essential component of any healthy life. The fact that 99.99% of the nation’s dwellings are hideous, ugly, charmless, and grotesque suggests the dire straits we find ourselves in.”

Other like-minded survey takers pointed to “generic colonial houses in boring suburbs, tacky faux-Spanish haciendas in Florida and Southern California, and soulless modern constructions, such as Frank Lloyd Wright’s ‘Fallingwater’ in Bear Run Pennsylvania” as examples of blight that degrade the aesthetic sanctity and mental health of the country and its people. Special scorn was reserved for new-build condominiums in major metropolitan regions, which one survey respondent likened to “the hydrogen bomb of residential architecture.”

When asked whether they were certain that Brooklyn’s neighborhoods were the only ones in the country with suitable brownstone dwellings, survey takers were uncertain. Some claimed to know of brownstones on the Upper West Side of Manhattan but wrote them off as “too expensive” and “filled with rich yuppie scum.” As for the prospect for finding stocks of charming 19th century residential structures in cities such as Boston and Philadelphia, most survey takers responded that they had “never been to those places.”

Not all survey takers agreed that charmless housing was the primary problem facing the country. “Fuck brownstones and their ass-whipped owners,” said The What, a notorious gadfly to Brooklyn’s brownstone residents. “This goddamn credit depression and financial system implosion are gonna wipe out these lily-skinned brownstone fucks and their precious homes,” The What went on to say.

The survey taker known as Rehab claimed to be in talks with former Vice President Al Gore about the possibility of producing a feature-length documentary about this problem, tentatively titled “An Inconvenient Truth II – Brownstone Living or The End of the World”. Rehab said that the key take-home from the film would be that a population of non-Brownstone dwellers would eventually perish from spiritual malnutrition, threatening our children, our country and the fate of the world. When asked what the appeal of such a film would be to people living outside of Brooklyn, Rehab predicted that “this documentary will win a Nobel Prize.”

Posted by: guest at November 20, 2007 12:56 PM

Chop chop chopping on heaven's door...

Posted by: guest at November 20, 2007 12:57 PM

FUNNY FUNNY FUNNY. hahahahahaszhahahahahahah.

Posted by: guest at November 20, 2007 1:09 PM

a year from now these will still be on the market.way overpriced for the present market

Posted by: guest at November 20, 2007 1:32 PM

I saw these units. There is nothing wrong with them, but nothing special either. Definately still over priced.

Posted by: guest at November 20, 2007 1:58 PM

Hilarious 12:56, great job.

Posted by: guest at November 20, 2007 2:25 PM

"Boy O Boy! You may get a bonus but, you won't have a job in 2008. People this thing is getting real nasty. Wake up! Wake up!"

What are you talking about anyway? Lemmie guess you got priced out of the market in 2000 and are still waiting for it to correct. Move to Kansas so we don't have to hear your whining anymore.

Posted by: guest at November 20, 2007 3:02 PM

I was in the lottery, but never heard one way or the other. I was never disqualified. Any emails/calls to PACC go unanswered. Any info on the lottery?

Posted by: guest at November 20, 2007 6:03 PM

I also was in a PACC lottery and never heard anything. No one ever returns calls or messages.
Another insider deal.

Posted by: guest at November 20, 2007 6:13 PM

PACC

People are completely crazy.

Time for this non profit to go away.

Posted by: guest at November 21, 2007 7:04 AM

I was in the lottery and I am getting one of the units. From what I understand there were over 400 people who applied and after DQ's there were a total of 226 in the lottery for EIGHT units. Four one bedroom and four two bedroom.

I had no connection whatsoever to PACC and only found out about the lottery from a friend who lives around the corner from what is now my new home. So anyone claiming "insider deal" is speaking from a place of ignorance.

As far as no closings on the market value places... I don't know about other units, but I do know that I have yet to close on my unit due to filings with the city and other issues I know little about. I don't think you can assume anything by the lack of closings at this point. They only got the temporary C of O on 10/30, so until then they couldn't have closed if they wanted to.

Posted by: guest at November 28, 2007 2:28 PM

what was the price on the affordable units?

Posted by: guest at November 28, 2007 8:22 PM

Hi I was wondering if the people in the lottery were allowed to see the aparments and are theirs as nice as the photos on the Brooklyn Properties site. Congrats.

Posted by: guest at November 30, 2007 9:59 AM

I'm the poster from 11/28 2:28 who was picked in the lottery.

Units ranged from about $212,000 to $289,000. The lower prices being for the 1 bedrooms and the higher prices for the 2 bedrooms. While these prices seem VERY FAR below the market value units, there are significant differences. The below market value units are smaller, don't have 2 bathrooms or washer/dryers. The below market value 2 bedroom units are at least 300 square feet smaller than the market value units. In terms of quality, the units all are on par with each other.

I have been in my unit a few times at this point and am VERY happy with what I'll be getting. I do not doubt that anyone who buys a market value unit will be pleased with what they get in return for their money also.

I also love the fact that they incorporated a degree of "green" building in the construction. I don't know how much, but the use of bamboo flooring and other environmentally friendly building material/concepts is, at the least, a step in the right direction.

Posted by: guest at December 2, 2007 2:12 PM

I am the events and communications manager at PACC. Please email me if you were involved in a PACC lottery this year and never heard anything back.

michelle_etwaroo@prattarea.org

thanks

Posted by: guest at December 2, 2007 4:33 PM

The DeWitt Condominiums should be over half filled at this point, but thanks to the wonderful people at the Department of Housing Preservation and Development (HPD) here we sit twiddling our thumbs while they enjoy their cushy government jobs, leaving early and delaying the dates on which we move in.

Government inaction at it's finest!

And try getting an answer or call back from anyone!

Posted by: guest at January 9, 2008 6:43 AM

HPD is the WORST!

Purchase agreement and deposit check written in mid-July.

Still waiting on HPD approval...

Posted by: guest at January 12, 2008 3:41 PM