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February 20, 2008

Novo negotiable?

Hi- anyone know if prices at the Novo are negotiable? Also- any ideas on how much a parking spot costs? Thanks.

Comments

Hell, the move-in date's negotiable. They've been negotiating it for years.

Posted by: denton at February 20, 2008 4:16 PM

lol..I know. I guess I can be light hearted about it since I'm not an owner- but work on the park has finally begun which means most of the heavy construction is done but who knows when the CO will be issued.

Anyway, anyone else have any idea if the developer has been flexible on price? Anyone purchased parking? Thanks.

Posted by: panda10 at February 20, 2008 4:40 PM

Everything is negotiable at this point. If you are really interested I would start talking some aggressive deals and see if they bite.

Posted by: guest at February 20, 2008 6:43 PM

Since you are so obviously a broker for the Novo, Panda10 (never posted before till now) why don't you tell us?

Lord, are you guys REALLY this desperate?

Makes me nervous.

Posted by: guest at February 20, 2008 8:30 PM

8:30- I'm no broker. I'm not sure why you would think that just because I just registered (I'm a long time lurker- and never initiated a post so no need to register before today- I've responded to a few like you as "guest"). Also- what in my question makes you think I'm a broker? Encyclopedia Brown you are not. And why haven't you registed at all?

I'm a guy in a difficult position. I never planned on buying anything this year. I've been saving trying to wait for the right time- but with one child already and another on the way- living in a rental (which I love) is kind of worrying me. I've been looking, had a couple offers in, but nothing exciting has come of it.

I know the general distate for the Novo (the Soviet housing comments, etc- which I agree with partly) but I think my wife and I should at least look before we forget it completely. Believe me- I'm not completely jazzed about the building or anything- but for g*d's sake, there are a million units in the thing and I figured some owners must read Mr.B too and would perhaps share their experience with me.

I generally enjoy the snarkyness on this board and I find some of the comments helpful- and I'm even a fan of "The What" (where is he by the way?).

I just think it sucks that you have nothing to add except what you said in your post. I don't even know what you mean by "Makes me nervous"- about what exactly?

I'm going to one of the many open houses they have this Sunday and the 2 questions above are the 2 main things on my mind before I go in. Thanks to the rest of the people who posted- I do appreciate it. And any help with my original question on future posts would be great.

Posted by: panda10 at February 20, 2008 11:53 PM

go panda10.
I have nothing to add but that.
Good luck with the search

Posted by: brooklynjennie at February 21, 2008 10:35 AM

so obviously a broker.

your second post confirms it.

Posted by: guest at February 21, 2008 11:44 AM

I will answer to the best of my knowledge, and I could care less if you are a broker, buyer, etc.

We looked at the Novo back in November, and were told to make an offer and they would consider it. So, I guess if your offer is reasonable, it will be accepted. The building will have some nice amenities, and it's really great to have a brand new place, but keep in mind a few things:

1) Apartments with Manhattan views also overlook 4th Ave., so it's not the most attractive side of the building, and future building on the other side of 4th may obstruct views of Manhattan anyway. Apartments in the back of the building overlook Park Slope all the way up to Prospect Park, so while it's not Manhattan, it also won't be changing in the future.

2) The bigger 2 Bedroom layouts are all a little weird. The master bath is through a closet and the shower is very narrow and hardly conducive to washing longer hair or moving around with ease.

3) Kitchen areas tend to have "dead space" where you could have had a small island or counter. Kitchen finishes are not as sleek as other new builds in the area and are kind of dated - shiny almond formica, almond counter tops. The kitchens at 457 Atlantic are so much nicer.

Hope this is helpful.

Posted by: velvetflip at February 21, 2008 12:07 PM

Thanks Velvet and bkjennie. My wife and I were under the impression that new developments rarely negotiate price- unless they've been around a while. The unit I'm going to look at does indeed look over 4th and I'm worried about the view too (and the noise) but the units facing the other way are priced higher and I don't think worth the premium. Also the ones on the really high floors are priced even higher than that and I couldn't even afford those so that's a no go. I've read the comment about the bathroom before on curbed- that you have to go through the closet and the shower is tiny. Still- its 1 more shower than I have now. I guess I'll see for myself.

What's 457 Atlantic?

Posted by: panda10 at February 21, 2008 2:23 PM

I can't imagine how ANYONE would be looking to buy something in the NOVO.

You would have to be missing a chromosome.

There are 1000 better options within a mile radius of this place.

Posted by: guest at February 21, 2008 3:28 PM

3:28- really? Great! I've been looking for a while now so please send me 1000- ok- just 5 listings with:
- 3 bedrooms (at least 85 sq. feet each)
- 1100-1200 square feet
- No walkup (ok- 1 flight)
- Zoned for 321/39/107
- 2 bathrooms (no half baths please)
- $900K or less (maintenance has to be less than $700).

Forget the central AC/heat (since no brownstone apt would have that and I don't mind window units). Oh yeah- it has to be in move in condition (does not have to be new- just nice enough to require no work upon moving in).

People like you 3:28 are the real sad ones. You make comments that are impossible to back up- and you're the guy you run into in the neighborhood- find out where the other person lives- walks away- and talks sh*t about them behind their back- not even thinking there must be a reason behind certain decisions in their lives.

Seriously- if you can send me the 5 listings I would love it so I can go visit those properties too. I really am anxious to increase my search and I guess I haven't been doing a good job looking since I missed 1000 listings.

Thanks.

Posted by: panda10 at February 21, 2008 4:55 PM

another:

http://www.brooklynproperties.com/condo273.htm

Posted by: guest at February 21, 2008 5:09 PM

another:

http://www.brooklynproperties.com/condo242.htm

Posted by: guest at February 21, 2008 5:10 PM

a LOVELY one:

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1189247

Posted by: guest at February 21, 2008 5:11 PM

we at 5 yet?

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1163137

Posted by: guest at February 21, 2008 5:12 PM

one more for good measure:

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1051393

Posted by: guest at February 21, 2008 5:12 PM

oooh wait...this is nice than novo!

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1090895

Posted by: guest at February 21, 2008 5:13 PM

5:08- thanks- but I should have specified- not interested in anything on the other side of the Prospect- and I'm looking to be closer to a subway.
5:09: 2 bdrms.
5:10: Saw this one- liked it- but its not in any of the 3 school districts I'm looking in- and its close to a million.
5:11: I saw this too and liked it. But I'm sorry if I didn't make it clear- I'm looking for less than $900K and they wouldn't budge. Actually I'm told they have multiple offers higher than ask.
5:12: Not in any of the school districts I specified. Nothing wrong with PS 282- but I don't want to be that close to Atlantic right now.
5:12: Have you been to this one? Its on the 4th Floor.
5:13: Not in any of my desired school districts and maintenance is over $1000k.

So other than the 1st one (which was my fault) the other six listings did not meet the above criteria. If you find more- that meet ALL the criteria- please let me know so I can schedule a listing.

Besides- why do you care so much about people who buy in a place that you don't want to live? I don't know why it offends you so much.

Posted by: panda10 at February 21, 2008 5:36 PM

you are a nutjob, panda10.

total wacko.

enjoy the novo. you deserve each other.

Posted by: guest at February 21, 2008 5:43 PM

I understand they are allowing people out who bought early due to long overdue move in, but no $$$ reductions or deals.

Posted by: guest at February 22, 2008 12:49 AM

Thanks 12:49. I think that stinks. I've found out a couple of people have gotton out due to a "material change" in their particular unit (one less window than the original rendering for example) but your info is helpful. I know some developers offer incentives instead of price cuts (like storage units, etc.) but I don't think Novo offers anything.

5:43- sorry I'm a nutjob for asking for 5 listings out of 1000 that meet my house search criteria. Maybe you're in a different position than me and can widen your search to anywhere in brooklyn- but I'm not. I also don't have boatloads of disposable income where a price difference of $50K does not matter. Anyway, I would still like help finding listings so if you find any (please- that meet the above requirements) please send. Thanks.

Besides- if you ever read the original post- I'm not a fan of the Novo- but for a complete search- I would be foolish not to check it out.

Posted by: panda10 at February 22, 2008 11:12 AM

You are foolish.

Period.

It's so clear from all your posts.

You are asking if the Novo is negotiable but then say you can't look at places above 900K???

Why can't you look at places which are over your asking price and negotiate towards 900k?

You sound like a real idiot.

Posted by: guest at February 22, 2008 12:02 PM

The Novo is asking 839K for a 3 bedroom.

The one listing you sent that was close to my $900K price point was the 5th street- which I put an offer in and was rejected right away. They had multiple offers above ask.

Again, you say things like there are 1000 listings but you can't find any for me. Please just send them over when you have them.

You sound really smart yourself and I'm thankful for your help. When you get the 1000 listings, let me know.

Posted by: panda10 at February 22, 2008 12:10 PM

broker
broker
broker
broker

i don't have time to do your work for you. i'm too busy taking care of the 3 brownstones i own.

some shoveling to do.

sorry.

Posted by: guest at February 22, 2008 12:13 PM

I don't get it- if you're so busy- why comment on posts that:

-you offer no help on
-you have no useful information
-you have no vested interest

I keep checking b/c I'm curious about my original questions.

You have time to send me 7 links- 6 of which ignore the basic criteria I laid out.

Thanks for taking care of your 3 brownstones by shoveling and keeping the pedestrians safe. Keep in mind- I've never insulted you in any of my replies. Not sure why you're so hostile in yours.

Posted by: panda10 at February 22, 2008 12:33 PM

you are a condescending loser.

if you walk by my house, i'll be sure to leave some black ice out for you.


Posted by: guest at February 22, 2008 12:46 PM

I'm sorry. I'm in no position to be condescending to a person with your real estate prowess and knowledge of science (since people you dislike are missing chomosomes according to you). Also- thanks for the black ice comment; I'm sure you're extremely popular with your many neighbors with 3 brownstones and all. Tell me which 3 houses are yours in PS so I can avoid the black ice that you leave for the kiddies.

Oh- if you ever find the listings- I would love to have them. This part I'm actually serious about. I don't think a lot has come up in PS in the 3 school zones I'm looking in so any heads up would be great. Oh- BTW- "Why can't you look at places which are over your asking price and negotiate towards 900k?"

Well- 900 is above my ask which is why that is my upper limit- so I do hope to negotiate towards my ultimate offer price- but I'm sure I didn't have to explain that to you.

Posted by: panda10 at February 22, 2008 2:01 PM

Just joining this thread...wow...a GOOD one!!!

Panda10...have to say...you sound like a real ahole. You want the moon, but don't seem to have the cash. I'd suggest Jersey.

Or maybe Kansas.

Posted by: guest at February 22, 2008 2:40 PM

Hey- thanks 2:40.

I don't want the moon- but my orignal post was just 2 questions about a place I know people on here generally don't like- but I took a chance that some may be able to provide some information. I've always said I'm not completely proud to be looking there and I'm not even down the road of really buying there- just looking- but the comments from anonymous posters which are generally insulting- and filled with hyperbole don't interest me.

I have 1 other place in mind but it needs some work and I'm not sure I'm up for that right now. I don't mind people disagreeing about places- but to personally be so negative- actually is sh*tting on all the people that have already purchased there.

I personally never have insulted anyone I have met in real life just because of where they live- have you? Probably not-but it happens here all the time.

The commute from Kansas is killer- but it actually is nicer than the commute from Jersey- but I'll probably just stay put in the slope. Thanks.

Posted by: panda10 at February 22, 2008 2:52 PM

You are the reason people hate Park Slope.

Posted by: guest at February 22, 2008 2:56 PM

Am I missing something? Like entirely? I didn't see what was so weird or hostile or brokeresque about the OP's original question or his subsequent posts.

We also briefly considered Novo last year, when we were looking for the same thing, a 3BR under $950K. We aren't as obsessed with PS 321 because we used to live near PS 282 and think it's a fine school, plus for various reasons we're going to choose private schools regardless of where we live. The OP is right, the Novo is one of the few places with 3BR units that aren't over a million. I was even looking at 3BR browndos in Park Slope that were teeny with cheesy finishings for $1.2 million. No thanks. We ultimately chose a whole house in another neighborhood. Love it, it was the right choice for us. But for people to give SOME thought to the Novo is hardly crazy. Jeez. What a bizarre thread.

Posted by: guest at February 22, 2008 3:16 PM

slow-vo

Posted by: guest at February 22, 2008 3:27 PM

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