nychguy's Profile
- Greg
- 2001
- Brooklyn
- Male
Author's Comments
Seems sales are very slow since Oro received alot of negative feed back from remorseful buyers who saw their property price going down.
They really don't have a clue that by posting negative remarks it will drive the Oro properties value even further down. No new buyers will want this loosing properties. If that happen the developer will have to convert it to part rental. I think these remorseful buyers should chill out and be more patient.
Posted by: nychguy at August 22, 2008 7:19 PM in response to Oro Condo news?
I think most of these people here are remorseful buyers since the value of Oro has dropped. Probably trying to make excuses not to take up the properties. Lets face it there are risks in buying early. Had the value shot up I am sure they will not complain as much. It's just like share markets. Some win some lost. If you have some principals you just have to bite the bullet and wish better luck in your next investment venture.
Posted by: nychguy at August 22, 2008 7:12 PM in response to Oro Condos: Complaints?
Regarding the tiny bedrooms, this is common among newer condos but the Forte's are exceptionally smaller. Their bath rooms are also very stuffy. Most of the wall are wrapped around windows so there is not much wall space for cabinets. Which is a flaw in the designing worst this building has no additional storage space options to buy or rent at all.
The CC is about $1 a sf ft which is the highest. Worst even at this high CC cost there is no swimming pool or sauna. Wait for the next $100K price drop before it is even worth considering. As it is the price is just too high.
Posted by: nychguy at August 22, 2008 6:54 PM in response to Forte Condo
Regarding the tiny bedrooms, this is common among newer condos but the Forte's are exceptionally smaller. Their bath rooms are also very stuffy. Most of the wall are wrapped around windows so there is not much wall space for cabinets. Which is a flaw in the designing worst this building has no additional storage space options to buy or rent at all. The CC is about $1 a sf ft which is the highest. Worst even at this high CC cost there is no swimming pool or sauna. Wait for the next $100K price drop before it is even worth considering. As it is the price is just too high.
Posted by: nychguy at August 22, 2008 6:54 PM in response to Forte Condo
I have compared Forte Condo with other up and coming Condos eg Oro, 150 Myrtle in the same area and I feel their asking price is extremely high. Considering their bad layout designs I was appalled by their tiny cubical rooms and mini bath tubs. For a near 6 figure property I would expect more then that.
The other complaint I have was that there isn't any storage area even for a bicycle. Further the gym room at the basement was pretty small and stuffy for a 30 stories condo beside there is no swimming pool or sauna. These are the normal standard of modern condo living.
I would not consider buying unless there is another drastic price dropped. They dropped the price recently at almost $100K But still at more then $850 sq ft is just too much.
Posted by: nychguy at August 19, 2008 10:29 PM in response to The Forte Condo
Responses to Author's Forum Comments
I totally agree with the above. Went for the open house a few weeks ago. Not only were the bedrooms small the baths is tiny. Appliances eg washers, oven, fridge were not of famous brand. Not I would expect for a near $900 per sq ft apartment. The fact that since these unit living space is so small and there are wall to wall windows thus reducing walls for installing any cabinets for storage they should provide at least storeroom space at the basement.
For that price range I want a swimming pool and sauna amenities. Until the price drop to say below $750 a sq ft I wouldn't touch it. Hence so many units are still available.
The sponsor ought to wake up instead of prolonging another realistic price reduction. Perhaps the sponsors has lots of money to pay fir interest to the bank for unsold units. I predict soon this condo will go part rental if it continues not to sell.
There are a few new and nicer blocks of luxury condo coming up at the same neighborhood so it will be interesting to watch if sales will ever pick up for Forte.
Posted by: Mandy at August 21, 2008 2:21 PM in response to The Forte Condo
Regarding the tiny bedrooms, this is common among newer condos but the Forte's are exceptionally smaller. Their bath rooms are also very stuffy. Most of the wall are wrapped around windows so there is not much wall space for cabinets. Which is a flaw in the designing worst this building has no additional storage space options to buy or rent at all.
The CC is about $1 a sf ft which is the highest. Worst even at this high CC cost there is no swimming pool or sauna. Wait for the next $100K price drop before it is even worth considering. As it is the price is just too high.
Posted by: nychguy at August 22, 2008 6:54 PM in response to Forte Condo
"I think most of these people here are remorseful buyers since the value of Oro has dropped."
Actually, speaking for myself, I'm someone who would like a straight answer from the developer, who has yet to offer any sort of info, except "soon, soon, soon". I'm well aware of the ups and downs of the market, thank you, and I'm sure given time any one buying here or elsewhere in NYC area, will be glad they did. Oro's layout and views are awesome - I, for one, want the apt. I contracted. I also want to know when I'm getting it. It's not a matter of "having principals" - it's about being able to get some honest information.
Posted by: jw10003 at August 25, 2008 7:39 AM in response to Oro Condos: Complaints?
I bought at Oro and am very frustrated because of the delay and its impact on me financially and emotionally. I would like to take an action - anyone want to join me? I have taken actions already but there is strength in numbers especially when you are dealing with big money developers. Let me know.
Posted by: stavo at August 26, 2008 7:35 PM in response to Oro Condos: Complaints?
NYCHGUY
Put yourself in these shoes. You act accordingly in good faith to whatever the developer's side is telling you - closing is in a month, again in a month and again. Almost every month they delay for another month. But because you acted in good faith you secured your mortgage and now you are paying the extension fees - which doesn't come cheap. Unless you are loaded you will too be frustrated. Be careful about what you say when you don't have a clue what's going on.
Posted by: stavo at August 26, 2008 7:39 PM in response to Oro Condos: Complaints?

Never laugh at others mistake or calling names. Didn't your mum ever thought you that? Naughty, naughty! By the way if English is not his first language at least he speaks 2 languages. Can daveinbedstuy speak at least 2 languages? You people are so insensitive and childish. Get a life and grow up!
Posted by: nychguy at August 27, 2008 10:39 AM in response to Brooklyn Hts. Elegant 2 Bedrooms Sale