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July 14, 2008
Condos of the Day: Head-to-Head in Dumbo

What's a better deal for your hard-earned dollar?
70 Washington Street, #11V [Sotheby's] GMAP
100 Jay Street, #16F [DG Neary] GMAP
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Comments
I don't have that many hard-earned dollars!
Posted by: Carol Gardens at July 14, 2008 12:56 PM
70 Washington Street wins it hands down. Why pay over twice as much in CC each month for only an additional 138 sqft?
buddaluv
Posted by: qis4quincy at July 14, 2008 12:58 PM
Jay Street link not working for me, btw.
Posted by: Carol Gardens at July 14, 2008 12:58 PM
1.4 for a 1 bedroom in brooklyn? yes - a home office in not a bedroom - no window, no deal. the CCs could be zero and this price would be too much. fool's focus. also, no views.
Posted by: BrooklynLove at July 14, 2008 1:03 PM
Working now. J Condo one was more attractive. Since this is all fantasy anyway, I'll go for that one and who cares about a "deal"?
Posted by: Carol Gardens at July 14, 2008 1:05 PM
link should be fixed now
Posted by: brownstoner at July 14, 2008 1:06 PM
Don't worry, in this bearish market the "price" is always negotiable...
Posted by: qis4quincy at July 14, 2008 1:08 PM
gls4quincy is right about negotiable prices. We looked at a 4BR apt this weekend and the broker basically urgend us to offer 25-30% below ask. Also told us about some houses in PS that have offers on the table about 25% below ask. NYC is finally turning into a buyers market, though sellers are still getting great prices, since the run-up was so huge!
Posted by: Miss Muffett at July 14, 2008 1:13 PM
I'd go for Jay street if I had a brood. Since I don't I'm with 70 Wash (but at reduced $$$)
Posted by: brine deez at July 14, 2008 1:27 PM
The Jay street layout is very nice, but the location of the building is peculiar. I like to be part of a neighborhood. In all probability, these prices will come down in the next year or two, so if you buy, you need to stay put for a while.
When the tax abatement at 70 washington expires, the mmaintenance will go way up. That's when you should buy there. A lot of folks will be looking to bail out before that happens.
Posted by: sam at July 14, 2008 1:32 PM
How high are the ceilings at Washington st?
Posted by: e10b at July 14, 2008 2:27 PM
Dumboring.
Posted by: SnarkSlope at July 14, 2008 2:44 PM
i think that J condo is all about a full service building, hence the high cc's. personally, the noise from the trains over the bridges would drive me crazy. also, with the BQE right there, there's just too much dirt and grime. it's just not peaceful, and I'd probably never open my windows.
Posted by: wine lover at July 14, 2008 8:21 PM
The 70 Wash ceilings are 11-12 feet.
Posted by: downtownbrooklyn at July 15, 2008 11:37 AM
is it true that there is penthouse available in 70 washington facing the brooklyn bridge?
Posted by: Lola C at July 17, 2008 3:28 PM
is it true that there is penthouse available in 70 washington facing the brooklyn bridge?
Posted by: Lola C at July 17, 2008 3:28 PM

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