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June 18, 2008
House of the Day: 179 Adelphi Street
$1,650,000 isn't a very high price for a four-story house in Fort Greene, so we're not particularly optimistic about what this four-family at 179 Adelphi Street must look like on the inside. (The lack of photos ain't helping either.) The listing does cite the existence of original details though, so maybe it's not so bad. Has anyone been inside?
179 Adelphi Street [Century 21] GMAP P*Shark
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Comments
Stoner,
I'm sorry.
I have to step in.
1.6 million dollars is not a very high price for a house?
Are you demented?
It is an enormous amount for a house.
Enormous.
What Arab Emirate are you from?
or are you in a made up richie-rich la-la land?
Posted by: guest at June 18, 2008 1:26 PM
A little bit off topic here, but why is the street that runs on the east side of Fort Greene Park called Washington Park? Was the Forte Greene Park originally named Washington Park? Otherwise it would be like naming Central Park West, Lincoln Park West.
Posted by: Brooklynnative at June 18, 2008 1:33 PM
1:26
get over yourself. this is nyc, and 1.6 million isnt too bad as far as buying a house in the 5 boroughs.
your comment has a tone of childishness.
Posted by: guest at June 18, 2008 1:37 PM
Yes. Originally named Washington Park, but the name never stuck. Obviously the street retains the original name. To make matters more interesting, the original baseball park for the Brooklyn Dodgers was also named Washington Park. It was located on and near the site of the Third Street Playground in Park Slope -- often commented on here awaiting developers upgrades.
Posted by: guest at June 18, 2008 1:40 PM
1.6 million is easy money for a two earning household in NYC. My wife and I make about 175K each and are both 31.
Posted by: guest at June 18, 2008 1:41 PM
When do we get to the third act of Goldilocks here.
Months of complaining that EVERYTHING is overpriced. Then when it isn't a high price, you don't say, hey maybe reasonably priced, but that something must be wrong.
So are you only looking for overpriced? Why.
cue.. the What
Posted by: guest at June 18, 2008 1:44 PM
"1.6 million is easy money for a two earning household in NYC. My wife and I make about 175K each and are both 31."
May I ask what both of you do?
Posted by: guest at June 18, 2008 1:47 PM
1:41
you are such an elitest. do you want a medal or a chest to pin it on?
Posted by: guest at June 18, 2008 1:48 PM
I manage opera singers and my wife works for a record label.
Posted by: guest at June 18, 2008 1:49 PM
1.65 reflects the proximity to the projects. It's priced high like everything else in this market. Although the pool of suckers is shrinking daily, it still smothers the small but slowly rising inventory. It goes for within 10% of ask.
Posted by: guest at June 18, 2008 1:52 PM
It's not elitist. 1:41 didn't say he was a better person than you. He just said he makes some money like a lot of NYers do. That's why houses in frt greene are usually priced well over 1.6.
Posted by: guest at June 18, 2008 1:54 PM
See even people in the arts can make money.
As for the price and the lack of interior photos, I expect there will be issues getting the tenants out.
Posted by: guest at June 18, 2008 1:55 PM
Save some money for a big dog to help you out with the maurading gangs, OK?
The neighborhod is not that safe but what do you expect for only 1.6 million?
Posted by: guest at June 18, 2008 1:56 PM
I don't think I'm better at all. I was just stating that for us, 1.6 million is totally doable. We don't work on Wall Street, neither of us come from money, we both put ourselves through college and graduate school and work in professions we love. What exactly is wrong with that? Aren't I allowed to comment the same way people who say that everything is overpriced are allowed to comment? Or is it only acceptable to comment on this website if I'm struggling and making 30K a year?
Posted by: guest at June 18, 2008 1:57 PM
1:47
"1.6 million is easy money for a two earning household in NYC. My wife and I make about 175K each and are both 31."
175K as an annual income is far from average, thats 350K combined, very few couples make that kind of income. Not to mention the 20% downpayment. 1.6 mill is a bit crazy for todays market but someone will buy it.
Posted by: guest at June 18, 2008 1:58 PM
1:41 is also a perfect example of two people who work in professions which are almost exclusively based in nyc. good for them for getting paid handsomely for doing what they love.
Posted by: guest at June 18, 2008 1:59 PM
"I manage opera singers and my wife works for a record label."
You fell for the bait. Now I'm going to trash your industries and explain how this behind-the-scenes recession will kill your entertainment sector revenues and employment prospects. Who's going to the opera? Who buys records/CD's anymore?
Naw, I'm just hatin'. Good luck to and God bless the both of you's.
Posted by: guest at June 18, 2008 2:01 PM
Agreed that is a good price for Fort Greene. On a decent street. I think it does represent a price drop. Prices may drop more but rents will have to drop also or they will support values around these levels.
Posted by: guest at June 18, 2008 2:01 PM
No 1:58, that's the point. There are a lot of people in NY that do make this much money and they are not the cliche investment bakers everyone on this web site likes to mention. That's why these houses cost this much. It's because 1:47 while maybe not average, is in no way out of the ordinary either.
Posted by: guest at June 18, 2008 2:03 PM
Even with proximity to PJ's, 2:01 (#2)? Comps anyone?
Posted by: guest at June 18, 2008 2:05 PM
2:01
"Who buys records/CD's anymore?"
Dont know alot about opera but Lil Wayne just sold 1 million records for his first week sales, look it up its all over the entertainment news. oh people are buying records for sure even in this screwed up economy!!
Posted by: guest at June 18, 2008 2:06 PM
1:41 and 1:57 - It is fine to say it's affordable to you, but what is it with people on this site always spouting off about exactly how much they make and how old they are? I think it's so gross - and so indicative of what NYC (and the US in general) has become - that people are always bragging about how much they make and then saying it's not hard to make that much. Actually, it is. You should be happy that you are so successful, but why the need to rub it in people's faces?
Posted by: guest at June 18, 2008 2:07 PM
How is working for a record label working in the arts? If your paycheck is signed by Time Warner I think you do not work in the arts. Sorry.
Posted by: guest at June 18, 2008 2:07 PM
You are right about that, 2:01. My wife has managed to parlay her experience to work with moving some of the "harder to sell music" as downloads on itunes. The recording industry is a tough one, but she loves it.
Opera...well...it's actually quite healthy right now. Our business is so small and specialized, that it is surprisingly very recession proof...the aftermath of 9/11 was tough, but things seem to have bounced back.
20% of a $30,000 a night fee is pretty good money though no matter how you cut it. Especially now that I'm working for about 20 singers around the globe.
You all should go check out the MET Opera in Prospect Park on Friday night...two huge "stars" are performing...should be a great night.
Posted by: guest at June 18, 2008 2:08 PM
1:41
You may have a combined income of around 350k but unless you have about 350/400k stashed away no-one will give you a mortgage for this place.
Hope you're saving.
Posted by: guest at June 18, 2008 2:10 PM
2:07 # 1, I'm sorry to offend you. I realize that the way I said that might have been too off the cuff. I guess I made mention of it partially to dispell the rumor on here that I always hear that the only people who buy these homes are in Finance, and also perhaps as a way to inspire people to realize that you CAN do what you love and make a healthy salary. Many, many of our friends are in the same boat as us, but sure...I see how hard it is for some of my employees trying to make it on a fraction of what we bring home. Or worse...the hardworking folks in this city who struggle to make it on pennies.
I apologize for making it sound like we don't realize how lucky we are. I know it's not the norm, but we also have worked very hard to get to where we are.
Posted by: guest at June 18, 2008 2:14 PM
Ahh yes 2:07, he is so worried about bragging that he posted as guest.
He wasn't bragging, he was pointing out what a joke it is that people constantly complain about prices on here. NYC attracts smart/talented/successful people from all around the world. Those sort of people make a lot of money at their jobs. If you want to be in competition for housing with average joes you have to live somewhere else. In NYC you are in competition with the best and the brightest.
Posted by: guest at June 18, 2008 2:15 PM
"How is working for a record label working in the arts?"
Sarcasm, I hope. Can't be serious. Apology not accepted.
C'mon, 2:06. Even 2:08 alluded to the difficulty of the industry. Lil' Wayne can't shore up the whole enchilada. Anybody can download for free.
Posted by: guest at June 18, 2008 2:16 PM
2:10, I bought a pretty modest place around Lincoln Center about 6 years ago...I think I paid something like 235K for it...my memory is shot. We sold it for about 4 times that last year and moved to Brooklyn. As I said...we are lucky.
Posted by: guest at June 18, 2008 2:17 PM
2.01- Typically during recessions and depression [hopefully not] the entertainment industry fairs well as people need a distraction from the hardship. Granted, a movie doesn't cost a dime anymore.
Posted by: e10b at June 18, 2008 2:19 PM
Just an FYI...my parents just bought one of the newly built Ritz Carlton residences (condo) in Baltimore and paid about this much.
Prices like this are not a NYC phenomenon.
Posted by: guest at June 18, 2008 2:19 PM
#1, 5% of households in NYC are at $390,00 or above. That means there are a lot of people, compared to the number of brownstones available, with the cash to buy them.
Posted by: guest at June 18, 2008 2:22 PM
"people need a distraction from the hardship"
Until the cumulative cost of the distractions adds to the hardship.
Posted by: guest at June 18, 2008 2:23 PM
well, we can't fault 1:41 for making the assumption that his situation is common, who among us hasn't thought about grabbing that brass ring of opera management? sometimes it seems like every brownstone is getting snapped up by somebody in the opera industry.
that said, there's got to be something amiss with this house. haven't the been trying to sell brownstones around the corner for 2x this price? for the area this is, sadly, a pretty low price. my gf and i, in our destitute finance careers, will never be able to afford it.
oh the irony! somebody should write an opera about it ...
Posted by: Jimmy Legs at June 18, 2008 2:25 PM
Friday night's Prospect Park performance is free, 2:23! You can go hear two of the best opera singers in the world.
Posted by: guest at June 18, 2008 2:25 PM
Yo opera man.
I'm slowly starting to appreciate classical music. I particularly like Andreas Scholl. Do you have any idea whether he ever performs in NYC?
Amazing voice. thx.
Posted by: Brooklynnative at June 18, 2008 2:27 PM
anybody have anything to say about the house?
Posted by: guest at June 18, 2008 2:27 PM
"5% of households in NYC are at $390,00 or above."
Pre-recession numbers. Is brownstone inventory rising or dropping since July 2007?
Posted by: guest at June 18, 2008 2:28 PM
"anybody have anything to say about the house?"
What more is there to be said about the house - it has no interior pics, no floorplan, no info on the status of the tenants. Should we just continure arguing whether this house, for which we know nothing about, is overpriced?
Posted by: Brooklynnative at June 18, 2008 2:33 PM
2:19 this is a NYC phenomonon.I can get the same house in philly,for under 200k.
Posted by: guest at June 18, 2008 2:34 PM
"sometimes it seems like every brownstone is getting snapped up by somebody in the opera industry."
Haha. True enough. But I do have at least 4 or 5 colleagues (some are managers for dance companies and two manage classical musicians) all own brownstones in Park Slope. We are rare, but not as rare as you might think...
Posted by: guest at June 18, 2008 2:35 PM
They aren't building any new ones, and some are getting knocked down. So inventory is falling.
Posted by: guest at June 18, 2008 2:35 PM
Hey brooklynnative. You've got great taste. Andreas Scholl is terrific...here is his upcoming schedule...
http://www.andreasschollsociety.org/tour.htm#USA
He'll be back in the U.S. again in December...
Posted by: guest at June 18, 2008 2:40 PM
"They aren't building any new ones"
Actually, a few new ones have gone up - a row of them went up on State around Hoyt a couple of years back and sold out very quickly, a few new green version types are going up in Bed Stuy, and you get the occasional ones built on empty lots like on 2nd between 6 and 7 in the Slope. I always think developers could make a nice profit building new ones and be proud of their product. It's a shame more don't try it.
Posted by: Brooklynnative at June 18, 2008 2:40 PM
2:27..yes. Eventually a boring couple will buy it and think their getting a great deal....They'll sit on their stoop in loafers and cargo shorts they both had since college and discuss how early they should wake up for their drive to the Poconos.
Posted by: guest at June 18, 2008 2:41 PM
2:41 ...and the boring couple will know that they are boring and they wont mind. Once in a while they may even walk down the street and pick up some rubbish that may blow in front of their house. The male may even sneak a wacky backy somewhere in the back yard ... if he is feeling really wild.
Posted by: guest at June 18, 2008 3:03 PM
what a vivid picture 2:41 paints. apocalyptic gentrification nightmare dystopia! who will save us from the horror of ... old cargo shorts!
Posted by: i disagree at June 18, 2008 3:10 PM
This may surpise some of you, but 500k will barely get you a loft in....Omaha. Seriously.
Posted by: guest at June 18, 2008 3:20 PM
actually you cannot buy a comparable house in Philly for $200K. A similar house in a similar neighbor hood in Philly would be atleast $800K if not a million or more
Posted by: guest at June 18, 2008 3:47 PM
$500k will buy you all of Omaha. And you'll get some change back.
Posted by: guest at June 18, 2008 3:47 PM
Spruce Street in Center City, Philly...
A house in need of work this size sells for around 1 to 1.2 million.
You people are FOOLS.
Posted by: guest at June 18, 2008 3:59 PM
God I wish I could move to Philly. I'm starting to loathe NYC; Brooklyn included. I'd dump this house in a hot second recession or no if it weren't for my spouse's job, which is based in NYC.
As far as comps, I'd put Brooklyn up against Mt Airy and you could buy a far better and bigger house in Mt Airy for 1/3 the price. Gimme a break.
Posted by: guest at June 18, 2008 4:31 PM
If my wife and I each made 175 grand a year, I would not be looking to live in an old smelly boarding house on Adelphi Street.
Posted by: guest at June 18, 2008 4:32 PM
****
City of Death: Philadelphia Murder Rate Highest in Nearly 20 Years
“They just shoot at anything and everybody, without even looking.”
Over the past couple of years, Philadelphia’s murder rate reached highs not seen since the 1980s, according to the Philadelphia Police Department. So far this year, more than 315 people have been killed, a pace of well over a murder a day, police said. That’s a higher rate, according to FBI statistics, than much larger cities like Chicago, Los Angeles, and New York.
But Philadelphia’s situation is different today from years past in that more and more of the killers are teenagers, according to the Philadelphia Police Department and the Philadelphia District Attorney’s office.
“They just shoot at anything and everybody, without even looking,” said Shawn Banks, a former drug dealer and gang member. Now in his 30s, he said the new generation that rules the streets is made up of kids who shoot first and never consider the consequences.
“They [are] not respecting themselves and they don’t have any value for human life,” he said.
Posted by: guest at June 18, 2008 4:35 PM
Hmmm...OK, I guess NYC isn't THAT bad!
Still, I like Philly an AWFUL lot. There seems a vibrancy there that NYC has almost completely lost. Maybe I'm projecting. Anyhow, Philly isn't vibrant enough that I'm willing to take a bullet for it. I'll stay in boring old Brooklyn, the garden clog and corduroy capitol of the USA.
Say, does anyone know where Brooklyn's murder rates are compared to the last 20 years?
Posted by: guest at June 18, 2008 4:40 PM
I'm with you, 4:40...I do love Philly too, but as someone who goes there a lot, I can tell you that the last 2 years have really taken a toll on Philadelphia. South Street used to be vibrant, and stores are now closing like crazy, the Macy's I'm told is one of the most underperforming in the country (per capita) the job sector is taking a major beating as are home prices.
And you can see from the poster above that crime is completely out of control. I believe Brooklyn is having a record low crime wave, while our neighbor to the south continues to struggle with horrible murder and crime rates.
Even while other major cities continue to see crime declines, Philly can't see to shake it. Even Baltimore this year is having a record low murder rate.
I don't know...there's a lot charming about Philly, but after having two friends from New York live there for a time, I can tell you that they found it very depressing.
They've since moved back to NYC.
Posted by: guest at June 18, 2008 4:46 PM
I am from Philly originally and have to go there frequently to visit family. I can tell you first hand that Philly sucks.
The people of Philly are their own worst enemy. The love the underdog but hate anyone or anything that has even the least amount of success. Philly is a visicous cycle that keeps itself down.
You know who lives in Philly? The People that couldnt get it together enough to move to NY.
I am a Philly boy and have Philly pride bred into me. But trust me, it is not a place to go to from NY unless you are spiralling downward.
Go Eagles!
Posted by: guest at June 18, 2008 5:10 PM
the house looks nice but it depends how much work has to go into it. If its perfect in the in side then I would pay 1.5. The stock market is going down every day now and a major bank is calling for a crash. No need to be a hero and over pay for a house. Also is'nt this area in decline with the rise in crime in Cliton Hill? Or is that a Clinton Hill specific thing?
Posted by: guest at June 18, 2008 5:23 PM
i am 23 and vastly intelligent. i currently make 35k and fantasize continously about punching my boss' face in.
who wants to hire me to do just about anything (legit) really well?
i'd love to one day buy something to live in so i can fire my landlord and build some equity leverage to hopefully one day escape the corporate overlords before my soul rots entirely.
thanks.
Posted by: guest at June 18, 2008 6:30 PM
not to alarm anyone, but it looks like the what corrupted NY Magizine. James Kramer is the What.
http://nymag.com/news/businessfinance/bottomline/47823/
Posted by: slick at June 18, 2008 6:57 PM
I have an 1805 Federal brick townhouse in Philly. I'm there on the weekends.
5;10...you are just an idiot
There are very few true brownstones in Philly except around Rittenhouse square area. They are typically larger than the ones here in NY. They range in price from $800k to over a million like someone said above.
Center City Philadelphia (from front St to about 24th St and Market to South is a very nice place...great restaurants and great housing stock..
That said, Philly needs a republican mayor, a republican district attorney and a new chief of police to clamp down on all the crime bullshit. Lynne Abraham is a joke.
Posted by: daveinbedstuy at June 18, 2008 8:46 PM
yeah Dave because republicans have done such a good job of running the federal govt they can make their magic on Philly.
Partisan moron. Hows the Bush economy doing? Hasnt wiped out everyone yet.
You should move to Philly full time.
What a great life you have weekending in Philly! Hah! loser.
Posted by: guest at June 18, 2008 8:54 PM
Uh, 5:23 PM,
You're a little contradictory in what you wrote. If the house is perfect inside you'd pay 1.5 because that would not constitute overpaying when we're on the brink of financial collapse? Okaeee...
Here's what you wrote:
"the house looks nice but it depends how much work has to go into it. If its perfect in the in side then I would pay 1.5. The stock market is going down every day now and a major bank is calling for a crash. No need to be a hero and over pay for a house. Also is'nt this area in decline with the rise in crime in Cliton Hill? Or is that a Clinton Hill specific thing?"
We'll ignore "Cliton". Now, places that need major overhauls in FG are still being signed at 1.5 and up in FG. If this place needs 400K of work, it'll sign for 1.4 ir 1.5 probably unless the markets completely freeze up in the coming months (which, I grant is possible). Yes, if we're in for a major and long pull back in the markets we'll all be in deep doo-doo so nothing will matter anymore.
:-)
Posted by: guest at June 18, 2008 9:07 PM
8:54....ever admit to yourself what Guiliani did...he was a republican in case you didn't know that. Can't have a liberal dem mayor and DA when the place needs to be cleaned up.
Many of us are doing quite fine thank you. Who's the moron??? You didn't even understand what I was writing about. Get back to watching your TV show.
Posted by: Bold type guest at June 18, 2008 9:12 PM
LOL...I knew it would happen sometime!!!!
Posted by: Bold type guest at June 18, 2008 9:14 PM
8:54...i have a number of places to weekend. I bet you wish you did too.
Loser.
Posted by: daveinbedstuy at June 18, 2008 9:19 PM
And so "daveinbedstuy" reveals himself to be "Bold type guest."
Thought so.
Posted by: guest at June 18, 2008 9:44 PM
Yes....it was fun for a while but Bold Type Guest was a creation for that period of brownstoner history when we were getting all that spamming and there was all the hubbub about people signing in and not signing in.
Besides, BTG was getting boring.
R.I.P.
Posted by: daveinbedstuy at June 18, 2008 9:52 PM
ummm...Dave, I mean...Bold Type Guest...you just outed yourself as the same person...
BTG at 9:12...you referring to someone not understanding what you were writing about, but that was your first post.
You have been double signing in as Dave ad Bold Type Guest...
OOPS...
Posted by: guest at June 18, 2008 9:52 PM
I'm not sure that adelphi street is on my hit parade of million-dollar streets.
There is nothing there to justify the price except a lot of hostile public housing residents. The housing market in Brooklyn, like the oil market, is being artificially driven up by speculators and their agents.
I truly believe that the best option now is to rent. The real estate business in NYC right now is just rotten to the core. You would be foolish to buy here now. Only foreigners are buying and they will lose their shirts as they did in the last cycle, but this cycle is different in that it is more intense, more vicious, more delusional.
Posted by: guest at June 18, 2008 9:54 PM
Actually it was the opposite...BTG is Daveinbedstuy
Posted by: daveinbedstuy at June 18, 2008 9:54 PM
Yes, 9:52...knew it would get mixed up at some point. I only had 5 screens at work and couldn't keep signed in at 2 of them.
However, taking the high road, I never argued back and forth with both of them on the same subject...just didn't notice i was signed in up above.
it happens to the best of us.
Now lets find out who the other double posters are.
We have to clear up The What bullshit and those fake whats!!!
Posted by: daveinbedstuy at June 18, 2008 9:58 PM
9:54..."The housing market in Brooklyn, like the oil market, is being artificially driven up by speculators and their agents."
And you people think I'm crazy!!!! LOL
Sorry, no movies to watch and the Asian markets are behaving predictably boring tonight
Posted by: daveinbedstuy at June 18, 2008 10:00 PM
So you basically just proved that it doesn't matter at all whether ones signs in or not.
So idiotic.
Due to the lack of 1000's of Biff posts a day, I'm thinking "he's" either that idiot Nokilissa or that even bigger moron, Bxgrl. Who knows...
You just showed us all what a TOTAL JOKE these comments are.
Everyone go buy a house.
Or don't.
Not a soul on here knows what the eff they are talking about.
Posted by: guest at June 18, 2008 10:03 PM
Yes...finally someone realizes that its just a joke...the whole blog is just a exercise in mental masturbation where people can throw out whatever they want to see what response it gets, including Mr. B.
That said, the Forum is useful to a lot of people. However that too gets its share of idiotic and , occasionally, fake posts.
reading & posting on this is a form of "drug of choice" or diversion of choice from the monotony of the day. Downtime better spent playing solitaire on the computer? NEVER!!!
Posted by: daveinbedstuy at June 18, 2008 10:11 PM
is brownstoner over now...?
Posted by: guest at June 18, 2008 10:15 PM
Another funny thing...I went to that open house this evening on Putnam ave that was the HOTD on Monday. No one else came. I signed in as Dave Morgan (i think it was Morgan) and said I heard about it on brownstoner. Was hoping I would meet some other posters there but, alas, no one showed!! As I was leaving the broker asked me if I was going to report back on brownstoner and I said "i don't know, maybe."
And then as I left I heard the two of them shout "daveinbedstuy...busted" It was actually pretty pathetic sounding.
But you know, I came away from that house not liking it at all but felt I couldn't actually say anything bad about it because I had actual;ly met those two people in person (redundant, but you know what I mean).
Posted by: daveinbedstuy at June 18, 2008 10:16 PM
townhouses in center city philly should only be compared to the likes of the west village in nyc. the fort green of philly is more like mt airy, where historic townhouses do go for about $250-300k. when comparing relative neighborhoods to philly, costs are about a third of nyc's prices. but, then you're comparing apples to oranges.
Posted by: guest at June 18, 2008 10:23 PM
Its also a very small world out there as we all have experienced. I was in San francisco a few months ago and stopped at a guys shop from whom I have been buying Mexican antiques, usually through his website.
We got to talking and he asked me about when I recently moved to Brooklyn and then told me he had this good friend that started a website a few years ago based in Brooklyn called brownstoner.
I'm actually a pretty down-to-earth easy going guy, especially given my profession. i think the rants on here are so easy to let get out of hand because of the anonymity. That said, NO, brownstoner is not over. We should all go on the way we were..its been very entertaining and what a slice of life.
Although, I still think some of the racist baiting goes way too far.
Posted by: daveinbedstuy at June 18, 2008 10:24 PM
daveinbedstuy just brought down this website.
thanks dave. thanks for ruining this great website for the rest of us with your childish games.
now no comment ever made will have any sense of "worth" at all. if there's no worth to any comment (or the illusion of worth) i'm not really even sure what the point of much commenting will be.
Posted by: guest at June 18, 2008 10:28 PM
right 10:23....Philly is large and that area going north on Broad is pretty bad for a very long stretch...and then you get up there to Mt Airy and Chestnut Hill.
All in all, I'd say 1/3 is about correct...There are a few places in center city that will go for $5-8 MM but VERY few. A friend owns one on 3rd St. He bought it about 6 years ago for $800k and put about that much in it and I'd say he could sell it for $6-7MM...that's the kind of appreciation you only get from a depressed market...which Philly was up until very recently
The big push on center city condos caters directly to the NYC crowd that wants to relocate there. It's that market that is comparable to the Brooklyn vs. Manhattan back and forth
Posted by: daveinbedstuy at June 18, 2008 10:30 PM
Now you're trying to backpeddal and it's not becoming...
You did this to yourself Dave. You will now have to create new identies and everyone will be skeptical of EVERY new bold "registered" poster.
I now know to ignore every registered "bold" poster and read only the "faded" type posters.
At least they aren't criticizing people for not signing in, when you (and others) have multiple signed in names.
Posted by: guest at June 18, 2008 10:33 PM
Yeah 10:28...all those comments today on Marauding teens were worth a lot...maybe in posts and page views to Mr. B but if you get advice on real estate from a blog (other than the helpful stuff on the Forum) than you got your head up your ass
Posted by: daveinbedstuy at June 18, 2008 10:33 PM
people aren't relocating to philly right now because they are losing jobs hand over fist. oh, and it's a dump.
no one cares what you have to say anymore, dave.
you need to start a new persona. daveinbedstuy is over.
Posted by: guest at June 18, 2008 10:35 PM
Lots and lots of people come to this website for information, actually.
You've now made sure their job is a little harder now though.
Quit while you're behind, "Daveinbedstuy"
Posted by: guest at June 18, 2008 10:36 PM
DAVE KILLED BROWNSTONER!
Posted by: guest at June 18, 2008 10:39 PM
yeah 10:33...those guests are all full of knowledge, righteousness, good hearts truth and the American way.
Its a blog for Christ sake...where everyone is anonymous. Whether someone is signed in or not is only fodder to spice up the conversations.
You do however know that I am actually living in Bed Stuy by my posts. No one knows anything about what you represent, where you come from, blah, blah, blah and probably no one cares.
I don't have to create any new identities. You need to create at least one
Posted by: daveinbedstuy at June 18, 2008 10:40 PM
i don't know you live in bed stuy.
from now on, not one thing you say is reliable.
that's the whole point of this little bust.
you are NO different than a guest. you could be nokillisa, biff, brooklynnative, heather, jerry blank, jimmy legs and montrose morris for all we know.
i doubt that's the case, but we just don't know anymore.
face it dave, you f*cked things up.
yeah, it's a blog. but it also keeps one of brooklyn's biggest cheerleaders in business and employed.
Posted by: guest at June 18, 2008 10:43 PM
How do you know that I am not also The What. It was a few weeks ago that THE WHAT KILLED BROWNSTONER was being posted after that ridiculous NY Mag article.
That did more damage to the credibility of brownstoner than anything. Yet, it probably boosted page views and posts!!!
Dave is BTG...WOW this is really a BIG issue. And he has killed brownstoner. LOL, get serious.
Posted by: daveinbedstuy at June 18, 2008 10:44 PM
yikes
Posted by: guest at June 18, 2008 10:45 PM
the what was different. his posts were mostly unintelligible rants.
your "information" seems more valid to some people and i imagine some people (whether they hated you or not) to some extent respected your posts.
now that is over. nothing you say is verifiable. from this point forward, i will think of everything as fiction first and have a much more difficult time taking anything or anyone seriously.
i'm not sure some of the more kindhearted posters here will be appreciative that you've effectively limited the relevance of every post from this point forward.
Posted by: guest at June 18, 2008 10:47 PM
and we just don't know who you are 10:43...and all you are doing here is posting about someone that added something to a lot of these threads and riled a lot of people up because it was fun. Mr. B's meter is clicking away as we speak.
What will be truly hilarious is if this discussion continues all over the site tomorrow.
You sit there writing as someone we know nothing about saying that I have no credibility and that nothing I say will be reliable. You know what...at least people read what I say...whether they agree or not, like it or not...daveinbedstuy will go on.
You on the other hand, who would even know if you posted again tomorrow
Posted by: daveinbedstuy at June 18, 2008 10:50 PM
Not only were you DaveinBedstuy and Bold Type Guest, but you were also sitting at your computer arguing with yourself on an anonymous blog about real estate.
If you REALLY think you can keep the same registered name and garner even one ounce of respect, you are even more dellusional than you've just proved yourself to be throughout this little charade.
Posted by: guest at June 18, 2008 10:50 PM
"you've effectively limited the relevance of every post from this point forward"
such drivel. You sound like you actually believe yourself!!! That's whats scary
Posted by: daveinbedstuy at June 18, 2008 10:52 PM
i never claimed to be anyone, dave.
that's the whole point.
you did.
now that's over. you have proved yourself as nuts. multiple posts, talking to yourself. who wants to read that crap now?
you will go the way of the what.
over.
Posted by: guest at June 18, 2008 10:53 PM
I LOOOOVE how you are now pretending Dave like it doesn't matter to you if people respect what you have to say.
No one here posts 200 posts a day under a registered name if they don't want someone to respect what they say. Of course part is entertainment, but you also want to have some credibilty and you know it.
Game over. Respect for you went from 20% to 0%.
Posted by: guest at June 18, 2008 10:55 PM
blah, blah, blah 10:50
show me one thing that you've ever added to a thread or a Forum question.
10:45 Yikes...LOL...don't worry, we'll all be back tomorrow.
Posted by: daveinbedstuy at June 18, 2008 10:56 PM
Is this really happening????
Posted by: guest at June 18, 2008 10:56 PM
10:56...yes, as pathetic and ridiculous as it all sounds!!!
Posted by: daveinbedstuy at June 18, 2008 10:59 PM
Besides guest (not sure which one I'm talking to) when I invented Bold Type Guest I specifically said that I was someone else logged in under my new BTG registration. You have to remember back, those were difficult times way back then (two or three weeks ago!!!) when Mr.B was having all those spam problems.
I was making a point that even you have failed to grasp despite what you accuse me of, that no matter who or what we are signed in as..a faded type guest or Bold Type Guest...WTF...it's a ridiculous comparison.
Posted by: daveinbedstuy at June 18, 2008 11:06 PM
I blame it on Mercury being retrograde.
Posted by: guest at June 18, 2008 11:11 PM
If it helps at all Dave, I'll admit that I tried to set up a phantom account under the username "The What" a while back so that I could make sure he was never a bold type poster. It backfired when Brownstoner's email verification system was down, and the username is now lost in limbo somewhere. Sigh.
Posted by: Shahn Andersen at June 18, 2008 11:12 PM
Good night and see you all tomorrow!!
Sleep well and fret not, brownstoner is not over.
Posted by: daveinbedstuy at June 18, 2008 11:13 PM
Dude you should kill daveinbedstuy (damn!! and just after he was quoted on bloomberg)or perhaps even better keep dave and BTG but keep communicating with yourself as well.
Not put off ...after 6 months I make my first signed in post!
Time just seemed right.
Posted by: Aussie at June 18, 2008 11:16 PM
Dave...contrary to your post at 11:06...you and Biff have been trying to convince us all for MONTHS that being a "guest" poster was essentially irrelevant and that we should only pay attention to the registered guests.
Now you are saying the opposite.
Which is it??
You are a hypocrite, a child, and an ahole.
Posted by: guest at June 18, 2008 11:17 PM
Shahn...you perhaps had purer intentions than mine.
WOW...what if we see an outpouring of admissions of this sort tomorrow. Perhaps a cathartic cleansing of all brownstoner registered guests. Have we all been phonies all this time???? Are any of us whom we claim to be. This is very disconcerting.
I'm mad as hell and I can't take it anymore. LOL
I'm going to stay logged in here through the rest of the 11:00 news and maybe a bit longer into Letterman or Leno to make sure no one needs help in addressing their addiction and flase identity problems.
Posted by: daveinbedstuy at June 18, 2008 11:18 PM
Aussie = Bold Type Guest = Daveinbedstuy
Nokillisa = Biff Champion
Bxgirl = who cares, she's so freaking boring and stupid
Posted by: guest at June 18, 2008 11:21 PM
congratulations Aussie...I have a lot of great Aussie friends from my days in Hong Kong...the best of drinking buddies
Things aren't always as they appear 11:17. Do you really think that we actually believed that crap??
That said, I can't seem to follow anything else you've posted so I don't know how big of an "ahole" you have made yourself.
How can you people take this stuff so seriously??
Posted by: daveinbedstuy at June 18, 2008 11:22 PM
i think it's time to move to philly dave.
your bstoner days are over.
Posted by: guest at June 18, 2008 11:24 PM
Ok 11:24 I'll take that under advisement.
The fact that you are responding to all of this would however, prove otherwise.
Posted by: daveinbedstuy at June 18, 2008 11:28 PM
being under water causes some to do strange things. Fuck him. He aint the truth!
O
O
O
O
Bloop!
Posted by: guest at June 18, 2008 11:31 PM
I gotta tell ya Dave, I think there is one Guest poster that you made look like an ass a few weeks ago and they have a vendetta against you now. If only we could see IPs, you'd find one person bitching and telling you to pack it in.
Posted by: guest at June 18, 2008 11:33 PM
Nothing under water over here 11:31...lots and lots of equity.
Did you pay your rent on time?
Posted by: daveinbedstuy at June 18, 2008 11:35 PM
Speaking of the house on Adelphi again...
Unless it's totally ruined on the inside (and even then, possibly) or packed with rent-control tenants, that price could be completely do-able under some scenarios. It's not cheap, but it's def within range for Ft. Greene/Clinton HIll--which are unbelievably great neighborhoods to live in right now. A lot of people posting have obviously never been here. I'm fine with keeping it that way.
Street life, farmers market, restaurants, racial and econ diversity, artists and writers and plumbers in addition to lawyers, less-insane prices than most of this town, the stability and color provided by Pratt, landmarked neighborhoods that are harder for schmuck developers to ruin-- works for me.
Come to think, it's pretty much only R/C tenants that could keep a 4-story at this address this cheap. You could look it up.
Posted by: Rehab at June 18, 2008 11:36 PM
I think there is only three people on the forum right now but only Dave knows for sure that there is 3 because only he knows for sure I'm not him.
Got a car to catch now.
This will be interesting tomorrow Dave. I saw a similar thing happen on a trading forum and the dude didn't stick around. Personally I couldn't care less ...
But I'll be on for the fireworks.
Always ready for a beer.
Posted by: Aussie at June 18, 2008 11:38 PM
Thanks 11:33. But I'm sure I've pissed off far more than one. I've even pissed off a few registered posters.
However, I stand by my record of serious comments made to people posting questions in the Forum.
Thanks
Posted by: daveinbedstuy at June 18, 2008 11:38 PM
See!!!! Never trust white people.
Yall just cant help it. Damn!
Posted by: guest at June 18, 2008 11:47 PM
Actually, Aussie, if tonight is any indication, this won't be interesting tomorrow...
Posted by: Rehab at June 18, 2008 11:48 PM
Oh i think it will be interesting all right. People's ability to overreact is always interesting.
Brownstone brooklyn will end because of the housing correction!!
Wall street is finished because of the credit crunch!!
Brownstoner is finished because of Daveinbedsty!!!
All equally implausible
... in reality just another opportunity
Posted by: Aussie at June 19, 2008 12:38 AM
daveinbedstuy = Aussie = yawnsville.
Posted by: guest at June 19, 2008 7:36 AM
I like that kind of thinking Aussie
11:47 might be right. See, those are the type of comments that keep this thread going after 122 posts!! LOL
Posted by: daveinbedstuy at June 19, 2008 7:57 AM
Dave you got it made - living in Bed Stuy, weekending in Philly.
All you need now are place in Compton and Detroit and you gots it all covered.
Posted by: guest at June 19, 2008 10:22 AM
120+ posts almost entirely Dave in Bed Stuy. Who cares?
Posted by: guest at June 19, 2008 10:52 AM
Nobody is talking about this listing. This listing brings up one of my big peeves in Brooklyn RE. How do these amateur lazy rinky dink Century 21 franchise operations in Brooklyn get 7-figure listings?
We have one elderly lady on our block with her brownstone repped by another one of the Century 21 franchises. Worst broker ever. No staging, no decluttering, took terrible photos on a pocket camera. Didn't provide a floorplan. The guy can't sell the house to save him. It's been on the market forever. Oh and my favorite trademark of the crap Century 21 franchise listings -- the link on the NY Times that doesn't lead directly to the listing but just to the main site for C21. On which more often than not you can't even find the listing that is supposedly in their system. JOKE.
These Century 21 franchises are taking advantage of older homeowners who don't know any better and who recognize the big brand name and think it actually means something. Elderly people need to know the only thing you need to do to become a Century 21 office is simply to send a check to the big ole Century 21 corporation. That's it. Any fool can do it. It doesn't mean anything.
Posted by: guest at June 19, 2008 11:01 AM
Dave in Bed Stuy is a friend of Brownstoner's. As is Biff. They were never here before and appeared at the exact same time exactly at the moment there was a big dip in hits a short while ago. And the moment they appeared they immediately had this close rapport and would fill threads with nonsensical, navel-gazing, boring banter with each other. Filling threads with tons of posts and hits.
SO obvious, guys.
Posted by: guest at June 19, 2008 11:04 AM
Thanks 11:18, nice to know I'm an original (apologies to Dave, Biff, Nokilissa and BTG).
But I hardly think you are impressing anyone with your wit or intelligence by attacking any of us. You just don't do it well enough.
Posted by: bxgrl at June 19, 2008 11:12 AM
Never met Mr. B.
And, umfortunately I've never been to the Flea. Someday I will. Hope to meet all you nice people there too.
I met Jerry Minsky and the seller of Monday's HOTD last night at the open house. They felt quite pleased with themselves thinking they had busted me after I signed the login sheet as Dave... I was the only one to visit which was sad for the seller.
They did a nice job on their parlour floor.
Posted by: daveinbedstuy at June 19, 2008 11:18 AM
4:35 ur a moron.Ive lived in Philly since 93 and there were more murders all of those years than there is now.Do ur research before u speak.MORON
Posted by: guest at June 19, 2008 11:41 AM
As a life long philly resident 11:41 is right.There were more murders in philly in the early 90s than now.So all u people need to keep ur mouth shut.We have crime problems here like any other big city.And u can get townhome here for under 200k.Mt. Airy is much nicer hood the FG BTW.
Posted by: guest at June 19, 2008 11:54 AM
11:41 & 11:54...the Philly haters don't know a thing about how real estate prices rise.
Bitter I'd bet.
Posted by: daveinbedstuy at June 19, 2008 12:04 PM
Dave I own more NYC RE than you, and am from Philly originally. Philly sucks. The people suck.
Its like a big high school.
Everyone I know who still lives there is depressed, has issues, hates themselves.
Philly blows. Maybe bye weekending down there it makes you feel better about yourself.
Also did the Republicans find WOMD in IRaq yet? How about did they get bin Laden "dead or alive?"
Did the Republican deregulation of the mortgage industry pan out?
Posted by: guest at June 19, 2008 12:15 PM
well dave.here in philly u can actually get a 3 bed. row home for about 30k.put maybe 10k of work into it,and have ur self a nice house.the hood it self(kensington)is a different story.
PS. to 12:15-ur an ass with no hometown pride.im glad u left,must have gotten robbed to many times.
Posted by: guest at June 19, 2008 12:49 PM
12:15....how the hell do you know that you own more real estate than I do. Mine is all over the country too.
what a loser.
Posted by: daveinbedstuy at June 19, 2008 1:35 PM
4:35 didn't make that up. it was an article in the paper folks.
idiots.
philly is a cesspool.
Posted by: guest at June 19, 2008 1:39 PM
"Mine is all over the country too."
OOHHHH...is your d*ck 17 inches long too???
Considering the two we know about so far are Bed Stuy and Philly, I'm not so impressed. Are the others Compton, Detroit and Southwest Baltimore???
Please let me be you!!!!
Posted by: guest at June 19, 2008 1:41 PM
you used that line already 1:41...are those the only other two cities in the country that you know.
On that other remark, I bet you get about 30" up yours on a weekly basis.
Childish when you gravitate to the penis remarks, very childish.
Posted by: daveinbedstuy at June 19, 2008 1:52 PM
yeah, you, biff and jerri NEVER talk about that stuff.
never.
Posted by: guest at June 19, 2008 2:03 PM
No 1:39 ur the idiot.In 2007 philly had 390 murders.In the early 90s it used to have at least 420.Including 500 in 1990.IDIOT.So stop talking s#*t about my town.U know nothing about it.
Posted by: guest at June 19, 2008 3:14 PM
nice town you got there where you read and post on a real estate blog about another city all day.
you don't see me reading phillyisapit.com
Posted by: guest at June 19, 2008 3:26 PM
390 murders for 1 million people = philly
500 murders for 8 million people = nyc
Posted by: guest at June 19, 2008 3:26 PM
And therin lies the opportunity 3:26
Posted by: daveinbedstuy at June 19, 2008 4:24 PM
well 3:26.i just like reading about how much u dumb new yorkers pay for houses.i could buy an apartment building in philly,for the same price as u pay for a studio.
Posted by: guest at June 19, 2008 4:57 PM
I guess you've never heard the saying "You get what you pay for..."
Posted by: guest at June 19, 2008 5:00 PM
i like reading about how people in philly think 200K is a lot of money for a house in 2008. it's cute.
Posted by: guest at June 19, 2008 5:01 PM
My aunt just bought a home in Omaha, Nebraska for 330 something. Very modest house with 3 bedrooms.
That doesn't say much for the fact that you are saying that prices are cheaper in one of the major East Coast cities...(Philly).
Yikes...
I think even Baltimore has higher prices than Philly these days.
Posted by: guest at June 19, 2008 5:22 PM
Going to 1:41s original post - wouldnt you say that 1.6M is too high even for someone earning around $350K?
Posted by: guest at June 19, 2008 5:50 PM
depends on how much you put down, 5:50.
if you read all the posts, it sounds like they made a buttload on a previous manhattan sale...
we put down over a million on our place. left us with a very small mortgage payment.
Posted by: guest at June 19, 2008 7:22 PM
The century 21 people with the Iranian names are house flippers. they buy out the old folks and up the price without doing one penny of renovation. Any comments?
Posted by: guest at June 19, 2008 7:42 PM
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