This isn't currently in the historic district, right? Where can i get specific information on the subsequent phases of the landmarking for Crown Heights? Will this house be in either phase?

Posted by: iwannabrownstone at November 30, 2007 8:12 PM in response to House of the Day: 915 Sterling Place

Totally overpriced. Bathroom situation is concerning....

As a point of comparison, this place just sold:
http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=1112969&ohDat=12/9/2007%2012:00:00%20AM;

It's much nicer and even they were asking under $1.4mm. Yes, in Crown Heights. New owners have bragging rights on a "stain glass window gifted ... by the Prime Minister of Jamaica"

Posted by: iwannabrownstone at December 5, 2007 3:11 PM in response to House of the Day: 1230 Dean Street

Brooklyn Native -- about park place, their broker told our broker the sellers accepted an offer.

regarding the superior location on dean, we were advised to go near eastern parkway, not necessarily historic district. is this an ignorant point of view?

Posted by: iwannabrownstone at December 5, 2007 5:58 PM in response to House of the Day: 1230 Dean Street

i feel all warm and fuzzy after those last two posts. i mean that kindly.

for those of you who haven't been to crown heights, go first THEN write about it. i finally had a good look over the past couple of weeks, and i'm actually looking forward to finding a home in the neighborhood. we went there on a saturday night, in the daytime, and to a few open houses. the most violent incidents we witnessed were two WHITE women in fancy heels that wiped out on the sidewalk. separate instances. this happened in broad daylight. the horror...

i agree $1million is too much to pay for crown heights... anything over $1million in CH means you're paying for someone else's vision (soprano's kitchen, anyone?) you're there looking for value, after all. anything in the $750 range is a steal.

as far as who A) can afford to pay a million dollars for a home, and B) buys in crown heights... young couple with a baby looking for some space. my guess is that our baby will be happier with a yard and fabulous parks, and she won't be crying about missing the hot chocolate at the corner starbucks. how's that for having hope in a neighborhood? that said, we're taking our time to find what we want, where we want. market is only getting worse, not better. prices will be reasonable again soon.

Posted by: iwannabrownstone at December 6, 2007 9:11 PM in response to The Real Deal: A Dose of Reality for Crown Heights Market

Can anyone explain this? If the place sold for $425K in 2005, how/why would the seller be able to take out a $650,000 mortgage this year without doing any work?

Posted by: iwannabrownstone at December 18, 2007 1:30 PM in response to House of the Day: 64A Clifton Place

Sellers are idiots. Hopefully the other buyers who participated in the process will move on to better things, too. Would anyone ever trust these sellers again???

As for the new listing price, under $1.5MM you can still rationalize the purchase price, but anything over that is ridiculous given the renovation and carrying costs AND the state of the market. For $2.2MM (assuming conservative $600K renovation costs), you can buy a better (renovated) brownstone that doesn't require such a huge cash outlay.

Posted by: iwannabrownstone at August 12, 2008 8:26 PM in response to Shenanigans at 279 Clermont Avenue?