krhaller's Profile
Author's Posts
February 11, 2009
Having to "Buy" Offering Plan
I know this is a bit off-topic, but I'm not sure where to ask. I went into the sales office for 20 Henry St and asked about the offering plan. I was told the offering plan was available to buy, for $100 non-refundable. I've never heard of such a thing. Is this common?
Author's Comments
I saw the carriage house last weekend - not surprised it didn't sell. I didn't see the mechanicals, but the interior is a disaster. Most of the ground floor is still a commercial garage / workspace, and the rest is piled high with junk. The upstairs is not much better - and equally piled with junk; not to mention lots of water damage on the ceiling. It looks like no one has actually lived there for a long time. That being said, you could still imagine what it could be. According to propertyshark, the building footprint is 25x75 - so certainly not "small." Hicks St, though, is quite a busy thoroughfare - a high-traffic BQE alternative for people heading to the Brooklyn Bridge. It's in desperate need of speed bumps.
Posted by: krhaller at October 7, 2009 12:58 PM in response to 280 Hicks, Many Others, Fail to Sell at Auction