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February 17, 2009

Another Price Cut for 43 Love Lane

43-Love-Lane-0109.jpgThings are really getting rough for 43 Love Lane, the new-construction carriage house that came on the market for $3,500,000 in February 2007 and has been reduced several times over the last year and a half. In January we reported it was being offered for rent. Now the price has been cut again, this time to $2,175,000. Where does it end? (Also here.) GMAP




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Comments

"Where does it end?"

Up in HOBOKENROCKS' hands.

***Bid half off peak comps***

Posted by: Brownstones Half Off at February 17, 2009 12:42 PM

2.175 million is a lot of money.
a lot of money.

Posted by: sam at February 17, 2009 5:58 PM

This house is at the head of the T-intersection with College Place, which is a total mess with all the garage-to-condo construction. If the owners can rent this for a while, I suspect they'll do better than a firesale now while the street is a dump. My big fear as a buyer (or this seller) is that the construction comes to a halt because the Wilpons decide it's not worth it anymore.

Posted by: ProfRobert at February 17, 2009 9:03 PM

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