I agree Mr. B. I think NYC housing has bottomed within 10% meaning a 500k ask might fetch 475k +/- and a 1mm ask might fetch 925k or so. I think that's it for the housing crash here in NY. Before we all know it, it'll be 2010 & nationally the crash started 4Q of 2005. By 2012 housing will start rising & perhaps even earlier based upon my models. By 2014-15, prices will be back to 2005-06 which put us in line with previous declines retracing back to the mean. With rates so low & tax credits being given to 1st time homebuyers, one would be a silly fool not to consider buying right here & now. Buy now or be priced out forever because this time next year that $8000 tax credit will be history & prices will be stable with a 50/50 split between buyers & sellers only to favor sellers as each month progress from there.

Posted by: PropJoe at May 14, 2009 11:06 AM in response to Refinancing: How Sweet It Is

For 2 apts, why would maintenance be a combined $3700? Who need to spend $3700 per month for upkeep on a home? Someone is fleecing

Posted by: PropJoe at May 6, 2009 1:00 PM in response to Co-op of the Day: 11 Garden Place

Rosie is a narcissistic douchebag liar. The Dutch were here before her fuching people and my people.

Posted by: PropJoe at May 5, 2009 2:04 PM in response to Rosie and Nelson Redux

Right across the street from Heath & Michelle, Brooklyn Inn & Smith St all right there. It'll get close to ask if not higher in bidding war. Maybe Tom & Katie will move in next to Dawson Creek.

Posted by: PropJoe at April 29, 2009 1:32 PM in response to House of the Day: 179 Bergen Street

Props my friends,

I be in the process of building a JEW Church in Brownstone Brooklyn to stabilize & prop up prices. No worries, yo'. Crazy money-launderin' bearded Hassi's to da' rescue, yo!

Posted by: PropJoe at April 29, 2009 1:02 PM in response to Case Shiller Index: Negative Numbers Across the Board

11217 says: "I just spoke with the owner, a nice Israeli guy."

Hahahahahahaha! Now if that's not a conundrum, I don't know what one is.

Posted by: PropJoe at April 16, 2009 2:33 PM in response to Streetlevel: 216 Flatbush Restaurant Revealed

Slopefarm,

I'm sure the lag between contract & closing has to do with the buyer wanting to make sure he was in the clear & free to continue running his Ponzi scheme/Crooked business. His boy, Maddoff took the heat off him

Posted by: PropJoe at April 14, 2009 11:57 AM in response to Last Week's Biggest Sales

Oy Vey! I'm on the hunt for a rich hot Jew to marry so I can move from Fort Greene to Gravesend or Midwood & become the Chosen One. I'm also planning on become a JEWeler so I can use my ill-gotten gains to support my JAP wife

Posted by: PropJoe at April 14, 2009 11:44 AM in response to Last Week's Biggest Sales

I dropped the soap one too many times.

Posted by: PropJoe at April 1, 2009 3:48 PM in response to Getting Mugged in Park Slope

Lechacal,

What does red face have to do with white people? I don't get it. Red face? What does that refer to?

Posted by: PropJoe at April 1, 2009 3:44 PM in response to Getting Mugged in Park Slope

Bwahaha!

Bummer,

I just think you're lying when you said you couldn't id given you're wife put up a struggle. It's must've been a good 180 seconds of id time before they fled. Story seems false.

Posted by: PropJoe at April 1, 2009 3:43 PM in response to Getting Mugged in Park Slope

Why you be hating on me DIBs?

Posted by: PropJoe at April 1, 2009 3:09 PM in response to Getting Mugged in Park Slope

All I be saying, Bummer is that the gun was nearby & he had your wallet. 2 + 2 = 4. How many 16 year old black thugs are running around PS holding a gun & you wallet? That's one less criminal on the street. Do you civic duty next time, you schmuck. You probably bash cops on the side for fun, right? I'm sure you shop @ PS Coop too.

Posted by: PropJoe at April 1, 2009 2:58 PM in response to Getting Mugged in Park Slope

Wasder,

If I see a gangsta in a hood where he don't belong & there's a stashed gun & my wallet nearby, Lord knows I be fingering that brotha & sending his ass off to jail.

Posted by: PropJoe at April 1, 2009 2:38 PM in response to Getting Mugged in Park Slope

Joe Bummer,

billyboomer is spot on, brotha. You white liberal upwardly mobile folk are sad & pathetic. No wonder my black brethren find it easy to mug yo' pasty ass. You're still a pussy for not id'ing a clearly, guilty man. Gee, I wonder how many black men in PS would be holding your wallet? Is it that they all look the same to you? Faggot

Posted by: PropJoe at April 1, 2009 2:36 PM in response to Getting Mugged in Park Slope

You're a faggot & a pussy. Stupid liberal douche! "Oh, I don't want to ID the perp. He may be innocent" Fuch off, mate! I wish he pistol whipped yo' liberal white ass. Faggot!

Posted by: PropJoe at April 1, 2009 2:25 PM in response to Getting Mugged in Park Slope

You just know that Obama Fried Chicken is owned by some scheister Hassidic from Gravesend feeding & stealing off the poor blacks

Posted by: PropJoe at April 1, 2009 12:30 PM in response to Wednesday Food & Drink Round-Up

http://www.nypost.com/seven/03292009/news/regionalnews/un_orthodox_web_site_for_jewish_adultere_161868.htm

Bwahahahaha! Losers!

Posted by: PropJoe at March 30, 2009 9:41 AM in response to Death at Eastern Parkway Drug Den

How do white boyz from TN come across an H Den? Seriously?

Anyone know of any Opium Dens nearby? I always wanted to Chase the Dragon

Posted by: PropJoe at March 30, 2009 9:38 AM in response to Death at Eastern Parkway Drug Den

there's an insert in the Post today page 23 from Corcoran. You can buy nice 2br in Chelsea for 799k ask. Brooklyn 2br condos going much much lower

Posted by: PropJoe at March 26, 2009 12:01 PM in response to The Be@Schermerhorn Price Cuts We've Been Waiting For

Ok then, Crimsonsonsonson, you be telling me that the out walls are an additonal 300 + sq ft or 50% more? C'mon now!

Posted by: PropJoe at March 26, 2009 10:25 AM in response to The Be@Schermerhorn Price Cuts We've Been Waiting For

Unit 3C, a 910-square-foot two-bedroom, two-bath apartment that dropped 24 percent from $640,000 to $518,000.

This unit CAN NOT be more than a 600 sq ft 2 br? How does one calculate 910 sq ft out of this. Preposterous!

Posted by: PropJoe at March 26, 2009 10:15 AM in response to The Be@Schermerhorn Price Cuts We've Been Waiting For

Clearly, all the Hassi's will scoop up these bargain prices. How far is the nearest Jew Church?

Posted by: PropJoe at March 24, 2009 10:17 AM in response to The Caroline Launches on Ocean Parkway

http://www.halstead.com/detail.aspx?id=1597314&ab=TAB

everything you're looking for

Posted by: PropJoe at March 12, 2009 10:05 AM in response to To Buy or Not to Buy

Pathetic . . . just pathetic.

Posted by: PropJoe at March 12, 2009 9:44 AM in response to Confirmed: Arby's Planning to Take Gage & Tollner Space

is this 850 sq ft?

Posted by: PropJoe at March 3, 2009 3:25 PM in response to Co-op of the Day: 344 6th Avenue, #2

http://www.youtube.com/watch?v=P36x8rTb3jI

This is why Fulton Mall is strong. Peeps be gettin' mo' handouts, yo! Obama be paying fo' my gas, son.

Posted by: PropJoe at February 27, 2009 11:28 AM in response to Fulton Mall Appears To Be Bucking Retail Downturn

sam, if the cobble hill pad goes for $2mm from my above post then this is certainly worthy of $2.2mm as it's much nicer & bigger & closer to the park

Posted by: PropJoe at February 26, 2009 1:09 PM in response to Co-op of the Day: 22 8th Avenue Duplex

http://www.brownstoner.com/brownstoner/archives/2008/11/last_weeks_bigg_37.php

Posted by: PropJoe at February 26, 2009 12:56 PM in response to Co-op of the Day: 22 8th Avenue Duplex

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1353683

In contract for $2.2mm. Ask was $2.25mm That's almost $1400 per sq foot 15 minutes from Boro Hall subway. Enuff said.

Brooklyn ain't falling friends.

Posted by: PropJoe at February 26, 2009 12:52 PM in response to Co-op of the Day: 22 8th Avenue Duplex

A welfare check dispensing store so as to stimulate the economy quicker.

(1) Cash Welfare check @ G&T
(2) Spend on wigs, sneakers, cell phones & Fried Chicken at Kennedy

Posted by: PropJoe at February 25, 2009 10:36 AM in response to Rumor Mill: Gage & Tollner Space Leased?

Porta Bella suit store.

Posted by: PropJoe at February 25, 2009 10:35 AM in response to Rumor Mill: Gage & Tollner Space Leased?

T Mobile cum Finish Line

Posted by: PropJoe at February 25, 2009 10:35 AM in response to Rumor Mill: Gage & Tollner Space Leased?

What's the hood like there? Good or bad? Price seems cheap for such nice looking house.

Posted by: PropJoe at February 25, 2009 10:33 AM in response to 2777 Bedford Avenue Sells for 25% Under Ask

We're done. The Chinese are here to save us. Hooray! Haven't you heard about all the condos they bought in the ORO & Toren.

Posted by: PropJoe at February 25, 2009 10:10 AM in response to U.S. Housing Prices Down 18.5%, NYC Almost 10%

Most likely it will be a Kennedy Fried Chicken cum Pawn Shop. Shocker.

Posted by: PropJoe at February 25, 2009 10:06 AM in response to Rumor Mill: Gage & Tollner Space Leased?

Good for the hood, yo. We need some Hassi's to fill up the streets here. Marty should start scrapping together some lentils & build a Synagogue across the street

Posted by: PropJoe at February 24, 2009 4:03 PM in response to Development Watch: 236 Livingston Street Rising

They're not going to rent it out, dumbass

Posted by: PropJoe at February 24, 2009 12:56 PM in response to Co-op of the Day: 360 Clinton Avenue

Oy Vey!

Posted by: PropJoe at February 24, 2009 12:55 PM in response to Co-op of the Day: 360 Clinton Avenue

Oy Vey!

Posted by: PropJoe at February 24, 2009 12:04 PM in response to Last Week's Biggest Sales

Walked by that storefront yesterday. That whole stretch of Fulton from Ft Greene Pl to S Oxford is absolutely beautiful. Great, cool stores & no rif raf.

Posted by: PropJoe at February 23, 2009 11:07 AM in response to Elliman Indeed Taking Over Eva Daniels' Fulton Storefront

$595 should do the trick.

Posted by: PropJoe at February 19, 2009 12:53 PM in response to Condo of the Day: 238 South 3rd Street

11217,

Go back to Jersey, you freak!

Posted by: PropJoe at February 19, 2009 12:28 PM in response to How the Financial Crisis May Not Be So Bad for New York

Speaking of the Chase building, I have to Rattner credit for building an entire highrise out of brick. It's a throwback building. What balls to build all brick. Chase is a nice looking building

Posted by: PropJoe at February 19, 2009 12:12 PM in response to Toren All Glassed Over

DIBs,

I didn't realize you were gay - not that there's anything wrong with that.

Posted by: PropJoe at February 18, 2009 3:33 PM in response to Stereotyping Brooklyn Nabes and Missing the Point

11217,

That bald Yenta may not have been making eye contact but she definitely be staring - if ya know what I mean. I think she was intrigued by my Alabame Black Snake. Her beanie wearing husband(s) ain't never give her something that big.

Posted by: PropJoe at February 18, 2009 3:10 PM in response to Stereotyping Brooklyn Nabes and Missing the Point

By the way, I almost knocked the wig off by accident. She kept staring at me. I think the woman didn't like a black man standing over her while she read her Holy Bible. Racist.

Posted by: PropJoe at February 18, 2009 11:08 AM in response to Stereotyping Brooklyn Nabes and Missing the Point

I almost knocked the wig of some Hasidic Yenta this morning on the train. How many times a day can one read the Bible without getting sick of it. I'll never understand these people. Again, I want to know if the kitty is shaved too

Posted by: PropJoe at February 18, 2009 11:07 AM in response to Stereotyping Brooklyn Nabes and Missing the Point

You're right. It's only 700 sq ft. Liars! She increased the sq ft by "approximately" 43%.

Posted by: PropJoe at February 17, 2009 1:18 PM in response to Co-op of the Day: 125 Eastern Parkway, #6F

The price has been reduced again. It's now $600k but maintenance has increased. This is a bargain

Posted by: PropJoe at February 17, 2009 12:56 PM in response to Co-op of the Day: 125 Eastern Parkway, #6F

Thanks for posting this interesting story. I'm glad that the police score such high marks. My own experience when my car was stolen was the opposite, but I'm happy to get a tale from the other experience.

And yes, screw the trolls. Propjoe just posts between exchanging DS games at GameStop.

Posted by: jland at June 8, 2009 10:56 AM in response to Getting Mugged in Park Slope