Another Unit Reduced at the Greenhouse Condos

if it isn't selling, it's priced too high. keep reducing the price until supply meets demand. sellers, welcome to the illiquid real estate market. buyers are in a great position to submit low bids and "steal" a dream home.

Posted by: guest at May 16, 2008 11:19 AM

If I had $900K to blow on an apartment in NYC, I sure wouldn't buy it on Carlton Ave.

But maybe that's just me.

Posted by: guest at May 16, 2008 11:39 AM

So 11:39, where would you blow your 900K? Tell us something interesting instead of just tossing off a put down.

Posted by: guest at May 16, 2008 11:58 AM

Market Reality in Carrol Gardens:

I just finished my condo conversion (all new construction ss kitch all the perks) in my carrol gardens 3 family brick. Im asking 699K for Luxury 2 bedroom, pvt roof deck 20x20 and balcony of br and the condo's 1022 sq Ft. I have had it on the market for 3 weeks now with 5 realtors and I only had one person look at it. So the market is not that great right now and thats the reality. I will probably keep on the market for another 2 mos then rent it untill the market comes back. Im not even asking insane money for the place, Im not being greedy. Thought maybe I would just give u some real scoop.

Posted by: guest at May 16, 2008 12:09 PM

Sad to say there most likely will be no "market comeback" People will most likely never be able to have free sub prime money again which will eventually bring our city in line with the rest of America's prices. It hasn't been that long ago that our prices were in line with the rest of the country - always a little higher - but not by the amount they are now.

Posted by: guest at May 16, 2008 12:20 PM

You can always bet it will come back, it just will take a while thats all.

Posted by: guest at May 16, 2008 12:30 PM

12:20pm I get with what you are saying about no free money any more but NYC will not go that much lower its a fact. There is such a demand still for apartments and there is no other place in America were the avg. person makes as much as here. Maybe the high-end will be affected alittle bit, but 1bd and 2bd wont get hurt that bad...

I DONT UNDERSTAND... What is with the fascination of Fort Greene? If I am going to spend that type of money I would be in Cobble or Boerum or try for the Heights but Fort Greene come on it still has a ways to go...

Posted by: guest at May 16, 2008 12:36 PM

Oops, looks like I upset the broker (11:58). It's actually an irrelevant question as I'll never have $900K to blow on an apartment.

But, best of luck selling them.

Posted by: guest at May 16, 2008 12:43 PM

Fort Greene IS very nice, IMO just as nice as Cobble Hill and Boerum Hill. Fort Green Park is nice, there is a Green Market. Lots of Cafe and Restaurants, BAM, not overly crowded and plenty of transportation. I actually like Clinton Hill as well. But I prefer the diversity and 'fringe' neighborhoods more than PS, Cobble, Carrol etc. But all are great areas to live in.

Posted by: guest at May 16, 2008 12:46 PM

Fort Greene is nice during the day. It's another story after sundown. Try sititng in the park at 10 or walking home from the Fulton G at midnight after being out in the city at a show and dinner and tell us how you like it.

Posted by: guest at May 16, 2008 12:58 PM

Even after this credit crunch, the NY market is hyper-inflated, IMO. There just is not an endless supply of people who have that kind of money and can afford $700K-$1M apartments without taking on absurd and risky mortgages.

Posted by: guest at May 16, 2008 12:59 PM

Okay, I live right nearby and have friends in this building.

The building is decent and feels well-made. It is quiet. You don't hear your neighbors. Views are good. Bedrooms and baths are well-proportioned.

EXTREMELY convenient to the subways and the LIRR (for those going to the East End in summer or who work in Nassau).

FG has a good vibe:
--the Flea (!)
--a nice green market (nicer than many b/c it is under trees and areas are cobblestone paved (the vibe is nice)
--fun little eateries, coffee places, Frank's, Moe's, Habana Outpost...
--a couple of decent stores for food, pastries, wine
--BAM, Mark Morris, Urban Glass, Pratt, LIU
--LOTS of playgrounds and more green spaces intermingled than many nabes (FG Park, Cuyler Gore Park, one up Lafayette next to the former Graham Ladies Home--condos now, a really big open space with tennis courts at S. Oxford near Atlantic...other smaller playgrounds, community gardens that are easy-going)
--parking is not so bad
--a mix of people that you might find in other nabes

Posted by: guest at May 16, 2008 1:05 PM

12:58 i walk home from the G (albeit Clinton-Washington, not Fulton) - or longer distances from the 4 or C (from Lafayette, nearby to Fulton G) - at 10 often, and have done so for the 7yrs i've been living in the neighborhood. i love it. have never felt threatened. maybe 2 yrs ago i saw some kids trying to take the bike of another kid around 5pm. they scattered when i took out my phone as if i were calling the police.

1:05 comments about the neighborhood are spot on, and i would add that the "mix of people" consist primarily of laid-back, smart, and enjoyable people.

Posted by: guest at May 16, 2008 1:25 PM

12:58 PM...
Try sitting in FG park after 10PM...wah?...
Try Prospect Park!

And anyway, there are lots of WP walking dogs and jogging through the park late. Come'on! In the summer there is a lot of activity in the park late, esp. on the weekends when there're special events. Very good atmosphere.

Frankly, on a quite Monday or Tuesday night during the period from late fall to early spring when the sun sets early, who would want to be out in ANY of NYC's parks late at night...???

And...at midnight...it can be sketchy waking from plenty of subway stations to your home depending on the distance. The Fulton G station happens to be surrounded by businesses, IRS, Long Island Univ, a parking garage and lot and Brooklyn Hosp...any area like that seems desolate of course.

A friend was mugged on the UES: E77th bt/w Lex and Park. She was dragged into a doorway...it wasn't even that late.

Listen, impressions of "safety" b/c of the lack of foot traffic or the presence of people of color is ridiculous and anecdotal. What? Were YOU mugged walking home after getting off the G-train at Fulton at midnight? One's sense of "Safety" is subjective.

I walk home LATE from the D (Pacific St. Station) the Q (WSB Bldg---now One Hanson..i.e. Atlantic Ave. Station), the C (Lafayette Station) and sometimes the G (either Fulton or Clinton-Washington). I live not too far from the apartment house featured above and I feel fine walking home.

Posted by: guest at May 16, 2008 1:31 PM

Sorry, 1:05 Here... I meant to write:

--a mix of people that you might NOT find in other nabes

Posted by: guest at May 16, 2008 1:41 PM

Sorry, 1:05 Here... I meant to write:

--a mix of people that you might NOT find in other nabes

Posted by: guest at May 16, 2008 1:41 PM

guest at 12:58 -- I live right down the block from this place and have never felt unsafe walking back from the subway at night, and I'm a small female.

Yes, the neighborhood's mostly residential and not as lively at night as, say, the East Village, so it can seem a little empty when you're walking home, but no one's ever given me any trouble.

Posted by: guest at May 16, 2008 1:51 PM

Dear Market Reality:

Tried to find your listing on web sites of brokers common in area...CobbleHeights, Brooklyn Bridge, BrownHarris, Corcoran, Awaye and didn't find.
Then went to NYTimes and was able to find - and see listed with Century21 and Fillmore.
who your other 3 choices of brokers are who knows.
Some of your problem could be choice of brokers - try ones that buyers in area use whether they are big name or indepedents.

Posted by: guest at May 16, 2008 2:19 PM

i too am not a fan of Fort Greene at any price. i refuse to live near drug dealers or projects.

others don't care, but i know i am not alone.

agree that it's a pretty neighborhood for a weekend stroll though.

i'd take a similar condo in a safer hood.

Posted by: guest at May 16, 2008 2:28 PM

2:28,
Hats off to you for being an illustration of the effects of propaganda since 1980.

Drugs are dealt ALL OVER. Just because the majority of people living near the Lafayette house in Clinton Hill may/might be African American, does not mean the neighborhood is unsafe, overrun by drug dealers or filled with projects.

In fact, across from this house are three large condo towers and to the west up the hill toward Vanderbilt is another condo complex. They are NOT public housing.

Posted by: guest at May 16, 2008 2:41 PM

2:28 - unsafe!? what magical enchanted forrest are you living in? fort greene is totally safe.

Posted by: guest at May 16, 2008 2:43 PM

Ooopsss 2:41 here...meant to post my comment to the Open House Picks thread...I though that 2:28 was posting that obnoxious comment on the OHP thread re: the house on Lafayette.
Sorry!

Posted by: guest at May 16, 2008 3:03 PM

I (a person of color) feel much safer and welcomed in Fort Greene than I do in Park Slope, BOCOCA (or whatever people are calling this part of Brooklyn these days) and Williamsburg...

Posted by: guest at May 16, 2008 3:06 PM

FORT GREENE ROCKS!

Posted by: guest at May 16, 2008 3:17 PM

3:06 wishful thinking.

Posted by: guest at May 16, 2008 3:34 PM

Some of you posters are straight corny. ALL these neighborhoods have something to offer culturally. Stop stereotyping and get out AND explore. FG,CH,PH,PS,BS,CG,BH,CH,WB...
BROOKLYN ROCKS!!!

Posted by: guest at May 16, 2008 4:20 PM

The building is fine. There's parking. The location is very central. Views are good. Well built so you don't hear your neighbors. Generously sized rooms with high ceilings, good storage, tasteful bathrooms. It all depends on the price a buyer wants to pay.
I have thought of selling the house and buying in this building.

Posted by: guest at May 16, 2008 4:46 PM

I wonder how energy efficient this building is. I hope it doesn't heat the outdoors in winter. So many buildings have gone up these past few years. You watch them going up and see how uninsulated they are and how much heat-bridging is being built right in...

Basically, 95% of the new buildings in the vein of this thread's, seem to me, have gone up without thought to thermal bridging and often little decent "real" insulation...guess it maximizes sq. footage.

Posted by: guest at May 16, 2008 5:47 PM

GP, RH, BR, ENY, BW, FH, KN, SP, SG, CI..

Posted by: guest at May 16, 2008 6:02 PM

This building is ugly and oppressive looking. It sticks out like a sore thumb on a block otherwise consisting of pretty brownstones. A large part of Fort Greene's appeal is its architecture. I don't know why someone would move out here just to buy in one of these butt ugly condo buildings.

Posted by: guest at May 18, 2008 9:49 PM