Thursday Links

Sharp Price Drops in Manhattan Apartments [NY Times]
Beazer Homes Reaches Deal on Fraud Charges [NY Times]
Brooklyn Couple Buys Weekend House in Catskills [NY Times]
Skateboarders Ruining Windsor Terrace [NY Post]
Brooklyn Supermarkets to Pay $1M in Back Wages [NY Daily News]
Firefighters Free Red Hook Kid's Head from Fence [NY Daily News]
Seven-Hour Happy Hour at Soda Bar [NY Daily News]
Fatality Shows Fifth Avenue Needs to Be Safer [Brooklyn Paper]
Photo by how_long_it_takes.

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Comments

WOW...Where Is That House?????

Posted by: daveinbedstuy at July 2, 2009 8:35 AM

One report, by Brown Harris Stevens and Halstead Property, put the average price of a Manhattan apartment in the second quarter at $1.26 million

That average price and everything above it gets a nice Brooklyn brownstone!!!!

Posted by: daveinbedstuy at July 2, 2009 8:41 AM

where in that whole article about manhattan apt prices do they mention average price per sq ft. Seems not good reporting (although not unexpected). As if current quarter mix is 25% 2bedr and larger and 75% studio/1bedrd and last year was 50/50 - gonna show big change in median and average price per apt. Same goes if next quarter goes back to 50/50 mix - then will show big increase in pricing.
All makes great news story but can be quite misleading.
Not argueing prices are not lower - but the fluctuation can be way off by using misleading stats.

Posted by: Petebklyn at July 2, 2009 9:06 AM

That house is in Bay Ridge. I pass it almost on a daily basis. I think when I moved hear it was salvageable as the windows were still in place. Now I'm not so sure.

Posted by: italiana71 at July 2, 2009 9:07 AM

Right Pete. It's difficult to get reporters to understand what's relevant and what's not.

Posted by: daveinbedstuy at July 2, 2009 9:14 AM

DIBS, reporters know what's relevant - that is to write something that they think will help sell newspapers or page views on their site

Posted by: more4less at July 2, 2009 9:34 AM

"Brooklyn Couple Buys House in Catskills" = "Dog Bites Man"

Posted by: Joe from Brooklyn at July 2, 2009 12:49 PM

LOVE that house!

Posted by: Brenda from Flatbush at July 2, 2009 11:57 PM