wasder---Did the what say we would die? I dont think so....He is a crazy dude and probably gets under your skin, but he is really irrelvant.....he was right...and now honest people have worked years of their life, done the right things, are now gettign dragged down because the masters of the universe can't control themselves, and in fact they dont know and have never known.. shit....there are no easy short-cuts in life...and we may all find that out soon....i pray that i and the what am wrong, but our children will be paying this debt back even if we get out with our collective shirts....we could be witnessing the start of the financial fall of this nation after a century or so of being on top of the world, with a serious decline in standard of living

Posted by: slappy at September 24, 2008 12:26 AM in response to House of the Day: 304 Union Street

So October 16th was the "what" call for some sort of collapse? That guy's crazy.....What a bitter renter....disaffected old school brooklynite....what a tool.....the guy's an idiot....housing will always rise in this city...valuations are low...get your gentrification on....

this HOTD is an absolute steal, and by around 2045, this thing should probably be worth asking....unless we become like zimbabwe and inflate our way out of spending too much, working too little, saving negative percentages of income, and spending a million dollars to live in bedford-gothams....just wait till the layoffs hit bed-stuy and all those new neighborhoods will go back to being plain old "do or die"....i'm now probably swimming underwater myself now....thanks to all you freaking tools and your run amok friends on wall street....thanks a lot guys......the what is fool.....this thing will never fall apart

Posted by: slappy at September 23, 2008 7:48 PM in response to House of the Day: 304 Union Street

I cant stand 95% of the new construction in my fair borough (these guys have been trained to put up any crap and get away with it all) and am pretty ambivalent about many of the new occupants.....but this development seems pretty good looking to me....not into high rise living, but if i were, i would really like this place...i think the other crappy buildings immedeately around the toren will suffer in comparison.....which is probably something those attached to those projects will HATE and decide to blog about to death using dumb logic. if you dont want to face facts....blog it to death.....YOU WILL EVENTUALLY WIN!!YOU WILL EVENTUALLY WIN!!!

Posted by: slappy at August 27, 2008 8:56 AM in response to Closing Bell: Top of the Toren

Overpriced indeed, but this thing is BIG and AWESOME

Posted by: slappy at August 12, 2008 8:53 PM in response to House of the Day: 100 Lefferts Place Revisited

Overpriced indeed, but this thing is BIG and AWESOME

Posted by: slappy at August 12, 2008 8:53 PM in response to House of the Day: 100 Lefferts Place Revisited

hey benson:

So you lived in brooklyn for a lifetime and all you define it by is tribes, ethnic tension and sharpton marches??....yeah, ethnic and race tensions were rough back then....but it was rough in all nyc....until of course we were saved by displaced manhattanites looking for their annual double digit ROI's??? Dude, you don't sound like anyone who liked BK that much, I'm surprised you stayed.....

i guess since i grew up in gowanus, bushwick and canarsie, i wasn't ever as scared of other tribes as much as you were....even though sharpie was marching on my block daily when i was going to school......those williamsburg kids who were "crazy" to live with those purto ricans weren't scared like you, and they transformed it...they wouldnt trade w'b for the east ville in its current form in a million years.......its really the types who have moved into bedford corners, clinton hill, stuyvesant gardens, and fulton-narrows that want to be somewhere they are not, and the market will not be kind to speculation in the coming years.....

I've nothing against any person moving into my fair borough or making a bit of dough in an investment at the same time....the difference in livability, air, scale and DIVERSITY make bk what it is.....but i do have some fears of brooklyn participating in the "GREAT SORT", where it becomes filled with people who all think the same yuppie lifestyle is the only way to fly, and sameness of thought hides a narrowness of opinion......under the guise of "common ground"

btw- my main beef with bk was the crime, but brooklyn was becoming safer by the mid-90's and way safer by the late '90's. it was only then that the charms of brooklyn became known to the small time "investor" real estate mogul crowd, bitching about Section 8, "those people" rent regulation or whatever was here before they came and is now an obstacle to their nirvana. they remind me of all the people ready to jump ship and leave town in the immediate aftermath of 9/11

Posted by: slappy at August 12, 2008 4:30 PM in response to The Next New Brooklyn

benson:

i don't think we're talking about the same things....i just purchsed a two family in gowanus (although now i think the relators have changed it to boerum hill or bococa or soho east or something)...not really a nj suburb....new people are great, as long as they don't keep bitching that the place isn't like manhattan (which is the difference between the kids in willie'b and the investors)

just for kicks, since you are a supposed brooklyn native....WHEN did you grow up and WHERE did you grow up that people didnt have a sense of Brooklyn as an entity? That one is totally new to me....As you said, people long gone still claim Brooklyn as their own.....Clinging to their villages? yeah residential segregation was and is still real, but you haven't read this blog long enough......these people are from the village of BEDFORD CORNERS and Stuyvesant Heights or whatever villages they are making up in their mind or dug out of centuries old articles.

But where did you grow up, Mr. Brooklyn, where they didn't have a sense of Brooklyn as an entity?

Posted by: slappy at August 12, 2008 10:49 AM in response to The Next New Brooklyn

Speaking as a lifer......most of the "new Brooklyn" is filled with people who would jump to manhattan in a heartbeat if they could afford to.....only because they can't is when they find secondary value aspects....and when they get to brooklyn they generally disdain the long-time locals, especially if the long-time locals are minorities. for them.....they await the neighborhood to change, which usually means becoming more like manhattan, and filled with more people like themselves.......the only exception might be the new people in williamsburg.....the young kids seem way less frustrated by what brooklyn really is (while creating their own spaces at the same time).....not like the others for whom brooklyn is always 5-10 years away

Posted by: slappy at August 12, 2008 10:19 AM in response to The Next New Brooklyn

thank for the link....but i agree with the "cycle" poster of that thread who compared it to 2007 and said inventory was up 30%.....many potential sellers out there don't even want to put their homes on the market because of the climate...but that can't be measured and is anecdotal....the only question would be, "Why are sales down so much?", and then you start with that negativism we all call common sense.....I'm still looking to possibly buy another property, but I am certainly looking for some price drops...life is a chance....I'm not trying to time the market exactly, but jerk-off articles like the one we are posting on make my stomach turn....NYC is undervalued? So says who? NYC sellers?NYC brokers?NYC idiots?

...the feel of those open houses sure is different.....i used to go and have the brokers feel like they were doing me a favor by letting me in....i think they felt that ingnoring you would wet the appetite...like when a bouncer would deny entry to a club, while its totally empty.....now they want to know my kids names, what i think about the yankees pitching and call me like i'm their damn girlfriend......this game is over, at least for a few years, and I'm waiting for everybody to get the hint that the cat is TOTALLY out of the bag, and everyone knows these units are not worth anywhere near asking

Posted by: slappy at August 11, 2008 2:28 PM in response to Calculating the Real Value of Your Home

Guys.....I'm a homeowner who purchaed in the last six months, but honestly.....saying NYC is undervalued is the dumbest thing I've heard in a while....Staten Island is great for the value, so is the Bronx if you can take its challenges.....all else is for people who want to live where they want to live....not a get-rich-quick scheme....homes are not selling, mortgages (especially jumbos, which describes everything in manhattan, queens and bk) are not flowing to even people with good credit, thousands of financial industry people are out of luck working down their severance packages, and we are talking about NYC being undervalued....PT barnum, where are you now......a sucker is born every minute......for obvious reasons, the real estate community is doing its usual cover-up job to keep the party going for a few months more and wrench the last few suckers into overpriced pads....prices are down only 5%, but inflation is running 5% in the opposite direction.....so tell me young mathematicians, how much did you really lose boys and girls? well known studies will tell you people will not sell emotional investments like homes for less than they paid, so inventory builds as people are more obstinate with homes than if it were a futon on ebay...sellers concessions, legal fees, closing costs paid, new kitchen packages, seller's financing, ect and lagging housing data are all hiding the fact that in the next few months or years it will take a big haircut to get these homes moving....so if you want to stay in your million dollar pad to mentally block the fact that it is a 700 thousand dollar pad......by all means, don't let me or the facts wake you up....

Just kidding GUYS....like I said, I own....so....NYC is undervalued by at least 25%!!

Posted by: slappy at August 11, 2008 1:26 PM in response to Calculating the Real Value of Your Home

Guys please....from now on.....all stabbings and shootings happen in Bed-Stuy

If you are ever trying to justify inflated home valuations, then the home in question is NOT in Bed-Stuy. It could be in:

Northwest Stuy
Bedford Corners
Indian Road
Stuyvesant Heights
Pratt Slope
Fulton Narrows
Bedford Village
A-express train Square
25 minutes to Manhattanville
Gentriburg
New Netherlands
Bedford-Gothams
Weeksville
Bronzville
Strongville
Sub-prime-ville
Value dropping like an-anville

Posted by: slappy at August 4, 2008 4:46 PM in response to House of the Day: 208 Hancock Street

It comes with Toto!!! Is Mr. Rourke from Fantasy Island the virtual doorman as well? i love Ricardo Montalban!

Posted by: slappy at July 31, 2008 12:47 PM in response to Sales Begin at The Isabella

Well....for the sake of the NYC budget, I hope my top-of-my-head projections are dead wrong, or at least severly off....I guess I'm cassandra today....I think my larger point, if missed by all the silly heat, is that maybe we all won't get rich overnight buying anything, anywhere....and we should appreciate BK for what it does have, and not try to cover up real problems by saying since i dont live across from the marcy pj's, this article has no merit, and in effect, I live in a totally different neighborhood than the one described here.....the article wasn't so bad...bed-stuy will change for the better over time....( i assume that includes the glorious Stuy-Heights as well, Whatever the fu*k that is)
By the way,Polemicist- Stop talking to my ex, who used to call me a pathetic troll often.....don't listen to her. She was a shrill, weak, emotional wreck-of-a-bitch ....wait....IS THAT YOU?

Posted by: slappy at July 28, 2008 1:13 PM in response to Bed-Stuy, Do or...?

Having lived in BK before all you investors/real estate experts/bitches.....I have come to believe there is a BIG difference between Stuyvesant Heights (whatever the hell that is) and regular DO OR DIE......regular Bed-Stuy owners can come to expect a 40% decline in real estate values in the next few years and Stuy Heights will be relatively immune in the coming bear cycle with declines of only 35% or so.........which means (with no malice or glee) if you wanted to live and make a home in your beautiful but sometimes troubled REAL brooklyn neighborhood, you are fine and in time you will show appreciation again......if you are a short termer, looking for a golden flip, me thinks you have only suceeded in flipping your net worth...you are already underwater....swim baby, swim!!

Posted by: slappy at July 28, 2008 12:21 PM in response to Bed-Stuy, Do or...?