« Garden Makeover in Carroll Gardens Co-op of the Day: 90 Prospect Park West, #1R »
May 19, 2009
Last Week's Biggest Sales
1. MIDWOOD $2,150,000
1189 Ocean Parkway, Unit 7A GMAP (left)
No listings for this new condo turned up via the usual channels. According to DOB records, it got its TCO at the end of March. It has 13 units and was designed by Bricolage. Entered into contract on 3/1/06; closed on 4/29/09; deed recorded on 5/13/09.
2. FORT GREENE $1,895,000
204 Adelphi Street GMAP (right)
This two-family house was featured in the Times in February, when it was asking $1,890,000. Its listing had the following to say: "This home is configured as an owner's triplex with 4 bedrooms and 2.5 baths and a garden level 2 bedroom, 1 bath apartment, making it total 6 bedrooms and 3.5 baths." It last sold for $965,000 in 2002, according to PropShark. Entered into contract on 2/26/09; closed on 5/7/09; deed recorded on 5/15/09.
3. MIDWOOD $1,778,400
1189 Ocean Parkway, Unit 3B GMAP
Same buyers involved in this week's biggest sale also closed on another unit in the Midwood condo. Entered into contract on 9/13/06; closed on 4/29/09; deed recorded on 5/12/09.
4. CARROLL GARDENS $1,680,112
277 President Street, Unit 3B GMAP
One of the buyers in this condo conversion has been blogging about their purchase. The developer bought the brownstone for a hair above $2 million early last year. Entered into contract on 4/30/09; closed on 4/30/09; deed recorded on 5/13/09.
5. BOROUGH PARK $1,550,000
1026 41st Street GMAP
This is a 2,244-sf, new construction house, according to Property Shark. Entered into contract on 3/31/08; closed on 4/23/09; deed recorded on 5/15/09.
1189 Ocean Parkway photo from EveryScape; 204 Adelphi photo from Property Shark.
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Comments
we must not be getting all the sales from propshark.
You missed this $2m+ sale on Strong Pl
Address: 22 Strong Pl, 11231, Brooklyn
Price: $2,055,000
Bldg. Class: C0: Three families
Square Feet: 4,320
Floors: 4
Date Closed: 04/29/2009
Date Recorded: 05/11/2009 00:00:00
Posted by: Petebklyn at May 19, 2009 11:36 AM
So much for everything selling *Half Off*
Posted by: daveinbedstuy at May 19, 2009 11:39 AM
and 3 out of the 5 are, dare I say "condos."
Posted by: Adam Dahill at May 19, 2009 11:44 AM
I pass by that new condo development at 1189 Ocean Parkway about once or twice a week. It appears to be nicely done. It is probably not done to the taste of most Brownstoners, but it is a nice building.
Posted by: benson at May 19, 2009 11:46 AM
Looks like the Orthodox are the only ones with big bucks to spend lately... Wonder how they have cushioned themselves from this recession?
Posted by: Architerrorist at May 19, 2009 11:50 AM
How about the Ft Greene house going for more than asking and going from 965K in 2002 to 1.895M today. Doesn't sound like the end of Brooklyn to me. A house a couple of doors down from me in the slope had a signed contract within 2 weeks of going on market.
Posted by: Jebby at May 19, 2009 11:57 AM
That Fort Greene house is droolworthy.
Posted by: TownhouseLady at May 19, 2009 12:01 PM
benson, agreed. It does look better constructed than most of the other condos in the neighborhood.
Posted by: Kensingtonian at May 19, 2009 12:02 PM
The Fort greene house is lovely. Someone fell in love with it and had to have it. The X factor that some people forget to factor into the real estate equation.
Posted by: DeLepp at May 19, 2009 12:04 PM
guess mr b took down propjoe's hitler comments....
Posted by: randolph at May 19, 2009 12:04 PM
There are people of all ethnicities who managed to cushion themselves. I thankfully was one of them. Timing of course was everything but many in the community have taken a hard hit as they had their money with Madoff which is forcing many in the community to shift their lifestyles . I know a couple of families who are wondering how they will pay for their childrens tuition at Yeshiva. Many Jewish charitable organizations took a hit because of Bernie. Many of these groups do of course cater to Jewish interests but many are big supporters of the arts and charities that help people regardless of religious/ethnic affiliation. Charities througout the city are feeling the pinch.
Posted by: Chaka at May 19, 2009 12:06 PM
may be a silly question but why did it take 1 and 3 so long to close after contract? Is that normal?
Posted by: the chicken at May 19, 2009 12:07 PM
Re: 1 and 3 - probably bought before units were complete, based on offering plan. Also, if you look at blog for #4, that too went into contract in August 08 - so 3 of these 5 sales reflect pre-crisis sales (and indeed a moment when things were arguably riding very high, it seemed). Ft Greene house is indeed a strong sale given the market and an anomoly - but time will tell.
Posted by: Miss Muffett at May 19, 2009 12:15 PM
Hello Miss Muffett, how's the hunt going?
Posted by: the chicken at May 19, 2009 12:23 PM
We have had some conjecture before about contract dates and their accuracy. Interesting to see hard evidence of date shifting on President Street
Posted by: Ledbury at May 19, 2009 12:30 PM
Miss Muffett: I have been told you were starting to look in Kansas.
Posted by: sebb at May 19, 2009 12:31 PM
Thanks for removing PropJoes racist comments.
Posted by: Chaka at May 19, 2009 12:34 PM
Ledbury - President Street wrote about contract date on their blog (link in this thread). Went into contract August 08. Hunt is going fine, thank you very much - we are seeing a few things of interest, but are debating whether we want to move out of current school zone or wait a bit until younger child is safely in. Prices are certainly not headed up, and downward pressure remains in the near to mid-term future, so we have nothing to lose.
Posted by: Miss Muffett at May 19, 2009 12:47 PM
"FORT GREENE $1,895,000"
"sold for $965,000 in 2002"
1.895 - 0.965 = About Half Off (reno prices crasing too - so what if restored)
We will see 2002 or worse. And 0.965 was bananas back then!
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 12:48 PM
BHO, in 2002 new 1 bedroom condos in prospect heights(soon to be demolished by ratner) were going for $425, so $965 for a house is not such a reach.
Posted by: DeLepp at May 19, 2009 12:54 PM
I don't get President Street... sorry. I just don't. $1.7 million for an apartment IN a brownstone? Folks with gobs of money are just retarded.
Posted by: tybur6 at May 19, 2009 12:59 PM
Welcome to Brooklyn, DeLepp. 0.425 was the brownstone's 1999 price. 10 years. Salaries stagnant. 0.965 was a reach. 1.895 is/was crackilicious.
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 1:00 PM
If it were $425 in 1999 I would have brought it. Not all salaries have been stagnant.
Posted by: DeLepp at May 19, 2009 1:02 PM
"Miss Muffett: I have been told you were starting to look in Kansas."
I don't think she would miss the sebb and flow of Brooklyn prices for the world!
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 1:03 PM
"Not all salaries have been stagnant."
Yes they have. 0-$400/wk unemployment checks will skew down the Wall St bonuses and severances of recent memory to an effective stagnation when everything gets averaged over the time.
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 1:11 PM
Feeling a bit nervous, BHO????
Posted by: daveinbedstuy at May 19, 2009 1:13 PM
"Feeling a bit nervous, BHO????"
Y-y-y-eah, D-D-D-IBS. I keep hearing this rumbling noise. I think it's people moving back to Manhattan.
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 1:23 PM
i just read this last week, and if you read it carefully, it looks as though nyc has been steadily gaining people (brooklyn also) so we could stand to lose some people due to the recession and still be higher than the 2000 census.
Hispanic Population’s Growth Propelled City to a Census Record
Published: May 14, 2009
A spurt in the number of Hispanic New Yorkers helped push the city’s population to nearly 8.4 million last year, while a slow but steady rise among non-Hispanic whites brought that group to the brink of regaining its majority in Manhattan for the first time in a generation, according to Census Bureau estimates to be released on Thursday.
Of the more than 50,000 people added in the city between July 2007 and July 2008, 27,000 were Hispanic (nearly 10,000 of them in the Bronx) and 20,000 were Asian (fully half of them in Queens).
The number of blacks declined slightly, as it has every year since 2000.
The Census Bureau announced in March that the city’s population had reached a new record, 8,363,710; in Thursday’s estimates, it revealed the demographic details behind the increase. But the snapshot was taken before the depths of the recession, which may have tamped down immigration and slowed growth.
In the metropolitan area, the number of Hispanics and Asians rose in every county. Non-Hispanic whites increased in only four areas: in Middlesex and Ocean Counties in New Jersey, and in Manhattan and Brooklyn.
Nationally, the rate of growth among Hispanics and Asians has slowed, largely because of declines in immigration. The influx of foreigners to New York has not slowed as much. In fact, the city’s Hispanic population grew at a faster rate in 2007-8 than during any other year this decade.
In Manhattan, the steady decrease in black and Hispanic residents, coupled with the increase in whites, means that as of last July, the borough’s population was 49.5 percent white — higher than it was in 1980.
Higher rents and apartment sale prices have driven poorer people, who are predominantly black and Hispanic, from Manhattan, while the number of white households, including families with children, has been increasing.
Citywide, 35 percent of the population was non-Hispanic white, 28 percent Hispanic, 24 percent black and 12 percent Asian.
The city’s overall population gain, nearly 54,000, was the second highest of the decade. As of last July, Queens (2,293,007) had already surpassed the City Planning Department’s population projection for 2010 and Brooklyn (2,556,598) fell just a few hundred short of the projection.
Brooklyn and the Bronx (1,391,903) now have larger populations than at any other time since 1970, and Manhattan’s (1,634,795) is the largest since 1960. Staten Island’s population grew as well, to 487,407, a 0.9 percent gain from 2007.
In the 22-million-person metropolitan area, the population increased by 95,000. The number of whites declined by more than 58,000 and of blacks by 4,000, while the number of Hispanic and Asian people grew by 95,000 and 45,000, respectively.
Posted by: swine_flu at May 19, 2009 1:34 PM
Thanks for that swine flu. I hadn't seen any specific growth figures in quite awhile. The great thing about the large number of Mexican immigrants is that they save a lot of money and are more likely to be buyers before comparable American residents moving here.
Posted by: daveinbedstuy at May 19, 2009 1:48 PM
DIBS, it's not only Mexicans. I think the foreign mentality in general is to OWN and not rent. When we came here as immigrants, my parents saved every penny just so they can own their own place and not be kicked out whenever the landlord didn't feel like extending their lease. I grew up with that mentality as well (instilled from parents I guess) and didn't want to pay anyone else's mortgage.
Posted by: Kensingtonian at May 19, 2009 1:52 PM
thanks for that article 'swine flu'.
Many people here and in lots of media seem to think NYC pop increase and therefore housing demand is fueled by some pilgramage of affluent white americans to NYC.
But the major factor has been the growth of immigrant population. Somehow (the what, et al) seem to think a handful of 'manhattanites' (which is just code word for affluent white educated class) have driven up Brooklyn prices sky high. Yet it is the strong ethic of these new immigrants to own - and so this price inflation has many roots in even the least prestigious ares (those off the radar of the NYTimes readership class).
As is these stupid stories recently - of whether there will be some reverse moves to Manhattan from this 'class' now that rents are going down some. They never seem to ask whether there is some great movement of people from sunset pk to chinatown.
Posted by: Petebklyn at May 19, 2009 1:52 PM
Yes, Kens, most immigrants are better savers than Americans.
BHO...the mere fact that "toxic assets" are now referred to as "legacy assets" should tell you a lot about how the financial landscape is changing.
Posted by: daveinbedstuy at May 19, 2009 1:55 PM
Hmm, DIBS, I wouldn't put much stock in the name change of "toxic" to "legacy" - seems like a PR move more than anything else, and the kind of "legacy" problem-solving that inspires so much critique of Geithner et al now (namely that there are still too many loop-holes in the current plans that skirt dangerously close to the strategies that got us into this mess in the first place).
Posted by: Miss Muffett at May 19, 2009 2:03 PM
MM...and yet the stock market, the true leading indicator, has been signalling an upturn since the beginning of the year. Some people can't see the forest for the trees.
Posted by: daveinbedstuy at May 19, 2009 2:17 PM
AYKM? You predict the future with the stock market? Pass the pipe, pls. Exhibit A: July 07, market predicts smooth sailing. Exhibit B: Aug 87, market predicts smooth sailing.
Good luck with your "true leading indicators" in church.
Posted by: No one at May 19, 2009 2:26 PM
people don't "own" anything. people don't own land or air. you still have to pay taxes and maintenance fees, so really what is it that you own? you're the one owned. by the banks and the government! im gonna take that and run with it today. it would be nice if everyone lived in the same sized apartment. 80 square feet per person.
*bitter renter rob*
Posted by: PitbullNYC at May 19, 2009 2:27 PM
I have to say, I'm a little floored, and ecstatic, by the sale price of the Fort Greene house!
As long as we can sell our brick rowhouse for one-point-something or other, I'll be happy.
I was getting so nervous recently that we would have to sell for under a million just to retire.
It seems like things are still selling in Fort Greene for pretty high prices! I don't care what "BHO" says. He seems to poo poo everything.
Posted by: BrooklynGreene at May 19, 2009 2:28 PM
DIBS - believe me, I would like to believe we've hit bottom with the stock market (it has a huge impact on family close to me, who have seen their income halved as their portfolios shrunk drastically). But there's a difference between hitting bottom, and getting anywhere close to the previous top anytime soon.
There are deep structural problems that remain in our economy - namely, the value of so many assets - "legacy" "toxic" or whatever you call them, which mostly boil down to overvalued homes (and the assets created by slicing and dicing their mortgages) that are still a hot potato. The current optimism of some may be conjuring up an imaginary forest (Don Quixote anyone?). To name but one example of fuzzy optimistic thinking, not using mark-to-market values in the latest bank stress tests seems problematic to say the least. I don't want to turn this thread into a big economic discussion, but to point to some recent optimism in the stock market, or a name change for what are still very problematic assets, as a justification for home values which IMO are still vastly over-inflated, just seems like willful denial.
Posted by: Miss Muffett at May 19, 2009 2:29 PM
run 4 ye lives. the sky is falling (albeit slower). Gov is blowing smoke to sucker in the private capital to fund their stimulus agenda's. Almost wish obama, geitner, big ben are company CEO's so we can demand them putting their $$$ where mouth is. as politicians, just cant "take their words" that green shoots are all abound - need to SEE it
I hope rally is legit so my job is more safe and I can be more confident buying a place for a higher prices vs. cheaper prices show up later but I'll be unemployed by then.
Posted by: more4less at May 19, 2009 2:31 PM
also dont a lot of immigrants buy houses together and pool all their money together and buy them outright? so of course it's easier to own when youre buying a house with 10 other people. (i hope my comment doesnt across as anti-immigrant or anything, im definitely not anti immigrant at all) and i prefer them to most white people, but it would be easy for me to buy a house too if i had people to pool my money with! that's also what drove up housing prices in certain areas. in the book im reading now, many times landlords raise rents so high because they know that there will be a pool of hardworking immigrants all contributing to the rent in any given house or apartment, so these immigrants pooling their money get gouged, and many others are completely priced out of comparable apts cuz the price is too high for 1 or 2 people occupancy.
*rob*
Posted by: PitbullNYC at May 19, 2009 2:31 PM
Robert,
8x10 is barely my dressing room. What are you suggesting?!
Posted by: BrooklynGreene at May 19, 2009 2:32 PM
lol well you go on with your big bad self then! ahhaha.
hmm maybe 80 square feet does sound a bit on the small side. (for some). where's 11217 when you need him to back up your argument!??! are you there 11217? take off the long blonde wig and help out your fellow park sloper!
*rob*
Posted by: PitbullNYC at May 19, 2009 2:35 PM
Look 80 square feet is the size of many bathrooms or tiny "over the stoop/entry" room (you know, the small bedrooms right over the entryway that are the width of the hall/stairs...about 6-7 feet).
Let's be a little more honest. Who in heck is living in 80 square feet reading Brownstoner's blog?
Sure, people live in crowded conditions and may share spaces and have very little space, but I'm sure there is no one reading this whose living space averages out to 80 square feet per person.
I don't think anyone in an S.O.R. is necessarily in only 80 square feet unless it's two people sharing a 10x16 room...which IS possible...
ugh.
Well, we're thinking of retiring and downsizing soon so I hope BHO's predictions and Miss Muffet's word paintings will not come to fruition within the next 10 months.
Posted by: BrooklynGreene at May 19, 2009 2:42 PM
i live in 80 square feet. well. no actually 10 x 11. so 110 square feet. if i could fit in a small shower and sink and toilet in the corner (enclosed of course) and a small kitchenette on one wall, i think i could do it. but yeah i do now realize that is probably just an extremely small studio. but i guess i just consider my bedroom a small studio and treat it as such. but i guess since the option to use the rest of the apt is there, im not feeling the true effect of 80 square feet. also 80 square feet is the minimum requirement for one person occupancy in nyc i believe.
*rob*
Posted by: PitbullNYC at May 19, 2009 2:46 PM
Hey Gabby,
Have you noticed that your GMAP links never actually work?
Not that it's so hard to paste the address in to google maps, but if you're going to post what looks like links, they might as well work.
I'm sure Mr. B or your tech guy can show you how to do it.
Posted by: Bklnite at May 19, 2009 2:49 PM
Brooklyn Greene, I'm genuinely curious - you sound like you bought your home a long time ago, and thus I imagine for what would now be a pittance. Is your need to make such a huge profit on your home because your house is essentially the main retirement "fund" you have? Or do you have other assets (stocks/bonds/IRA, etc.) and the house is "extra"? Don't forget by the way that you likely pay capital gains tax on the sale - have you looked into that? And why, since you've been talking about selling for so long, are you waiting? Do you hope this blows over quickly?
Posted by: Miss Muffett at May 19, 2009 2:51 PM
she's too busy still painting that ginormous 80 square foot dressing room to have any time to sell NOW, miss muffet. boy you ask such silly questions ;)
*rob*
Posted by: PitbullNYC at May 19, 2009 2:57 PM
Rob, stop PMSing. It just doesn't go with you. You're too nice of a guy in person. I guess you can only bitch on this blog :o).
There is such a thing as "own". We can argue about that till we turn blue. I love when people say, "oh you bought a co-op, you don't really own it". Technically I don't since I bought shares in a cooperation but next time your landlord decides to use your apartment for storage and when your lease is up, tell you to split, then we'll discuss the difference between renting and owning. I know that will NEVER happen to me. Plus I like the fact that I remodeled my apartment to my liking and don't have to live in a rented place and affraid to put an extra nail into a wall and then get charged for it at the end or god forbid invest money into a new kitchen or bathroom only to be told you have to move out in a year or two. To some people, Rob, that's very important, not so much to others.
Posted by: Kensingtonian at May 19, 2009 3:06 PM
tybur6: What is it that you dont get? The condo's are across from carroll Park and the School your kids would go to is the desired PS 58. So you would save 30k a year From pre K to 5th by not sending the kids to the Spence school or Packer. That is 210k right there.
What's the problem?
Posted by: sebb at May 19, 2009 3:12 PM
Price, sebb, price.
Posted by: Miss Muffett at May 19, 2009 3:14 PM
Miss Muffett : If price is a problem then people should go and buy in Port St lucie FL. It's simple NYC is a first rate city, the center of the universe, Prices should be highest in NYC. Not anywhere else .
Do you not understand this?
Posted by: sebb at May 19, 2009 3:21 PM
I think the clinical term is inertia or possibly stupidity...I don't know! Goodness gracious! But no, I haven't been talking for *that long*. I don't think most people necessarily make these decisions at the drop of a hat...of course some do...but I'm (we're) not those kind of people.
And yes, Robert, it could use a paint job...but then the whole house (that we apparently bought for a pittance...whatever that is!) could use a paint job!
I'm very scared of capital gains tax. Yikes! Keeps me up at night worrying! Who cares! Feh!
But all that Lucent stock that went from $80 to $1 didn't help either. :-)
Anyway, if you must know, Ms. Muppet, not everything is "stocks/bonds/IRA, etc"! Sure the house "is extra"...but *I'm genuinely curious*, why would you might perceive and then characterize our selling our house for possibly below current market rate (i.e. I mentioned one-point-something-or-other...I'm very willing to make the offer attractive to "get it done" as they say...especially considering the "current climate") as a "need to make a huge profit..."
Look Kid, we've put in our time and money. I'm sure adjusted for inflation, the profit is not "huge". I'm not sure it can even be called "profit". Isn't it the difference between the purchase price, investments along the way, all those damned "carrying costs", the interest on the mortgage (not mentioning all the headaches), all adjusted for inflation factored in with the eventual sale price that would be better termed "appreciation"? Or is "profit" a better term from you view point?
I've have to find out from "our guy" what the sale price should be to take all of the above into account and factor in inflation. We might be very surprised that the so-called "profit" might not be so huge. Who knows...
:-)
Posted by: BrooklynGreene at May 19, 2009 3:21 PM
quote:
"new york city is the center of the universe"
do people really believe that non sense!?!? granted i hardly ever leave new york city but even i dont think that. what a ridiculous notion.
*rob*
Posted by: PitbullNYC at May 19, 2009 3:23 PM
The new condo building on Ocean Parkway and Avenue L is known as the Bristol, but as mentioned its not listed with any online brokerage; I think they are handling sales inhouse.
Posted by: iceberg at May 19, 2009 3:25 PM
iceberg, orthodox communities always handle sales "inhouse". they have a local real estate agency but they don't usually list on MLS or sell outside of the community. It's pretty typical. My friend was looking to buy a house recently in Midwood (Avenue M and Ocean PKWY area) and the broker wouldn't even take her time to show him houses until someone from the community called her and told her that he was "OK" and he can be shown homes. I guess that's why real estate prices are holding in the are as well.
Posted by: Kensingtonian at May 19, 2009 3:38 PM
"the large number of Mexican immigrants is that they save a lot of money and are more likely to be buyers before comparable American residents moving here"
I done heard it all now.
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 3:45 PM
"I think the foreign mentality in general is to OWN and not rent."
True but sad. That kind of blind faith has put people in deep doo doo. "RE only goes up!"
There's a time when it makes sense to rent and a time when it makes sense to buy. People always say "you throw your money away on rent" while in reality you can throw away a lot more money on a purchase if you fail to crunch the numbers (uncover the hidden costs).
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 3:53 PM
BHO...maybe if you knew a little bit more about saving you wouldn't be in this precicament.
Posted by: daveinbedstuy at May 19, 2009 3:55 PM
Chaka - I'm thinking it's the ultra orthodox/Hassidim in Midwood who are buying at these prices... Situations like Kensingtonian describes above... I don't know how many of them were invested with Madoff. Clearly lots of reform, conservative, and modern orthodox were scammed by that sleazeball...
Posted by: Architerrorist at May 19, 2009 4:02 PM
"we're thinking of retiring and downsizing soon"
Call Corcoran today! You will not see 1.895 in 10 months. Seriously.
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 4:02 PM
You've got me, DIBS. My predicament only affords me a Fort Greene brownstone or two (now or half off). If I saved more I'd afford a Tribeca penthouse. But I like saving AND "living".
***Bid half off peak comps***
Posted by: Brownstones Half Off at May 19, 2009 4:08 PM
I agree, BHO...you can't have any fun if all you got is a house to live in and no partying money. If I never any spent money on beer and wine I'd be living next to Bloomberg.
Posted by: daveinbedstuy at May 19, 2009 4:16 PM
Chaka - I'm thinking it's the ultra orthodox/Hassidim in Midwood who are buying at these prices... Situations like Kensingtonian describes above... I don't know how many of them were invested with Madoff. Clearly lots of reform, conservative, and modern orthodox were scammed by that sleazeball...
Posted by: Architerrorist at May 19, 2009 4:02 PM
I tend to agree.
Posted by: Kensingtonian at May 19, 2009 4:28 PM
miss muff...at what previous price year do you feel brooklyn real estate would be fairly valued today? 2005? 1995?
Posted by: 7182713 at May 19, 2009 4:29 PM
7182713 - I've said this before, that I think we're heading to 2003-04 levels, which were still plenty high, but at least 30-50% less than the peak. Given where prices were 10 years ago (in many cases, they tripled from 1999-2008), I think 03-04 is a pretty reasonable spot to land.
Posted by: Miss Muffett at May 19, 2009 4:33 PM
Team Bear go out and enjoy the day! Fuck the Bubble Assholes, let them live in their delusion and leave them alone....
The What
Someday this war is gonna end...
Posted by: Return of The What at May 19, 2009 4:39 PM
Well, I can live with 2003-2004 levels...so maybe inertia will win out and I'll be navigating stairs into my waning years.
Ugh!
Does anyone here have experience with installing a chair lift on a staircase?
The husband unit is fine...but has flat feet so clomps on the stairs enough to raise the dead. I'll be (am) the one wincing with each step I take!
Posted by: BrooklynGreene at May 19, 2009 4:43 PM
I don't doubt that prices will come down when interest rates shoot up, but isn't it a bit much to expect tomorrow's prices today?
Posted by: mopar at May 19, 2009 4:44 PM
quote:
Does anyone here have experience with installing a chair lift on a staircase?
omg like that old cat lady on the Gremlins head? the one where she went flying out the window when the gremlins took over her house!? i had no clue those were real hahaha.
*rob*
Posted by: PitbullNYC at May 19, 2009 5:18 PM
Rob, that's not nice.
Posted by: mopar at May 19, 2009 5:29 PM
The ultra orthodox hasids are in Boro Park, Crown Heights and Williamsburgh. They are not spending millions on condos. The Sephardim are the wealthier of all of the groups and they live mostly along Ocean Parkway in Midwood through Gravesend. These were the families that were able to pay millions for houses not the ultra orthodox Hasids. As I stated previously, many in this Sephardic community were hard hit by the Madoff mess but I suspect that there are still some who can fork over millions to stay within the community.
Posted by: Chaka at May 19, 2009 6:19 PM
i would spend 4 mill to live next to an arcade. so it does make sense. dont have that 4 mill tho. but it must be true lo-lo-lo-location!
*rob*
Posted by: PitbullNYC at May 19, 2009 6:54 PM
> "where's 11217 when you need him to back up your argument!??!"
I suspect that 11217 is alive and well and posting as swine flu. I had suspicions before. Posting the population/census article makes me darn near certain.
Posted by: SnarkSlope at May 19, 2009 9:17 PM
There's a "millionaires row" over in Borough Park... Lots of McMansions.. I forget, 14th or 15th Avenue. Lots of new "chateau" like construction - but granted, unlike Gravesend, individual homes are often sandwiched between much more humble housing.
Posted by: Architerrorist at May 20, 2009 9:08 AM
Latest Restaurant Additions
-
Le Barricou
added November 20, 2009 12:00 PM in Williamsburg -
Der Schwarze Kölner
added November 19, 2009 12:00 PM in Fort Greene -
Oak Wine Bar & Café
added November 18, 2009 12:00 PM in Williamsburg -
Mr. Wonton
added November 17, 2009 12:00 PM in Park Slope -
Casa Rosa
added November 16, 2009 12:00 PM in Carroll Gardens -
Cousin John's Café & Bakery
added November 13, 2009 12:00 PM in Park Slope -
Elote
added November 12, 2009 12:00 PM in Williamsburg -
Miracle Grill
added November 11, 2009 12:00 PM in Park Slope -
Phoebe's Cafe
added November 10, 2009 12:00 PM in Williamsburg -
Ruthie's
added November 9, 2009 12:00 PM in Clinton Hill, Downtown Brooklyn
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