Price Cuts at The Absolute

The Absolute may have started renting units back in July but that doesn't mean the developer doesn't still want to move some condo product. To that end, it appears from StreetEasy that prices were just cut again at eight units. The reductions, which were all in the 5 percent range, affected only apartments on the lower three floors.
The Absolute Condos Sales Listings [Corcoran] GMAP
Absolute Hedges Its Bets With Rentals [Brownstoner]
Price Cuts, Broker Switcheroo at The Absolute [Brownstoner]
Checking In On The Absolute Condos [Brownstoner]
The Absolute Hard Launches [Brownstoner]
The Absolute Launching on Myrtle [Brownstoner]
Development Watch: 111 Steuben/543 Myrtle [Brownstoner]
Development Watch: Myrtle and Steuben [Brownstoner]

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2400 to rent a 1 bed there? not going to happen

Posted by: bitter_bubble_buyer at September 29, 2009 11:50 AM

5% ain't gonna get it done, especially since we're on the tail end of the selling season.

Posted by: kvnbklyn at September 29, 2009 12:54 PM

There is a new trend actually - people who are out-priced in Brooklyn are moving back to Manhattan. I'm not making it up - I'm one of these people. Manhattan is actually cheaper than Brooklyn these days. Brooklyn needs to come to it's senses.

Posted by: loty at September 29, 2009 4:54 PM

This is a new building? I love that 1962 IBM look.

Posted by: mopar at September 29, 2009 11:08 PM

« 312 Dean's Cleanup Almost Done Co-op of the Day: 96 Schermerhorn Street, #9G »

September 29, 2009

Price Cuts at The Absolute

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