"ever heard of appreciation?"

hey, i've got 2006 on the phone. they say they've got a great condo for you to come look at. btw- are you single?

Posted by: travy at October 15, 2009 9:43 AM in response to Co-op of the Day: 70 Remsen Street, #7D

milk bar. how original

Posted by: travy at July 23, 2009 3:03 PM in response to StreetLevel: Breakfast Joint Opening in Garden Cafe Space

in the year 2020 there will be no nba team in brooklyn and no public school in dumbo.

Posted by: travy at June 10, 2009 7:47 PM in response to BREAKING: City Council Approves Dock Street Dumbo

do you have children? could make a great 'timeout' pit...

Posted by: travy at May 15, 2009 2:12 PM in response to Backyard Reno Unveils Old Well in Fort Greene

it seems to me most of the muggings in the heights go down in and around that theater. not exactly a high crime area and it seems most of the perps and victims are teenagers, but it has seen a bit of an uptick lately...

Posted by: travy at May 12, 2009 2:04 PM in response to Co-op of the Day: 38 Livingston Street, #54

snappy- sadly, the proximity to the movie theater.

Posted by: travy at May 12, 2009 1:56 PM in response to Co-op of the Day: 38 Livingston Street, #54

believe it or not, this block is actually a little dodgy.

Posted by: travy at May 12, 2009 1:51 PM in response to Co-op of the Day: 38 Livingston Street, #54

can you add making the browser window not move all the way to the left when you click through to the programmer's queue?

Posted by: travy at May 11, 2009 4:31 PM in response to House of the Day: 174 Clinton Avenue

sam- like i said it's cool for a year or two but i found i wanted to live closer to stores and transpo for less money. air quality is crappier down there too...

Posted by: travy at May 7, 2009 2:58 PM in response to Rentals, Price Cuts and Loan Extension at 1BBP

this location is shit and should have been developed as affordable artist residences. you can do so much better than what they are offering here for the same money or less.

i lived near by facing the water with nearly the same views and honestly, it gets boring after a year or so and with the apartments across the hall at almost half the cost, it's hard to justify the price.

Posted by: travy at May 7, 2009 1:56 PM in response to Rentals, Price Cuts and Loan Extension at 1BBP

if things are overpriced no one will buy or finance. who wants to be the sucker left holding the bag?

Posted by: travy at May 4, 2009 11:37 AM in response to Signs of Life for Williamsburg Condos?

wow. finally some agreement from both sides of the divide that asking prices are and have been out of whack with the reality of the market. progress!

Posted by: travy at April 13, 2009 11:40 AM in response to 423 Clinton Sells for Half Price

yo brownstoner, why does your blog always repo my browser window?? very annoying!

Posted by: travy at April 3, 2009 2:26 PM in response to Open House Picks: Six Months Later

i think it's becoming clear that sales will grind to a halt over the next few years as sellers refuse to take a loss and buyers refuse to pay peak prices. renting looks better than ever though...

Posted by: travy at April 3, 2009 1:59 PM in response to Open House Picks: Six Months Later

"I was dreamin' when I wrote this
Forgive me if it goes astray

But when I woke up this mornin'
Coulda sworn it was judgment day

The sky was all purple
There were people runnin' everywhere

Tryin' 2 run from the destruction
U know I didn't even care

'Cuz they say two thousand zero zero party over
Oops out of time
So tonight I'm gonna party like it's 1999..."

Posted by: travy at April 1, 2009 10:02 AM in response to Case-Shiller Continues to Tank

z- both legs right below the hip. :^)

Posted by: travy at March 31, 2009 12:01 PM in response to Last Week's Biggest Sales

"Who in their right mind agrees to that garbage???"

maybe people who drank the koolaid for 4 years about how they were fools not to buy and were flushing their money away by renting?

Posted by: travy at March 23, 2009 9:33 AM in response to That's Me In The Corner, Losing My Deposit

they must be getting it for a song if they think they can afford 4000 sq feet for a lounge, and aren't maintenance fees really high in this building which could imply less than sound finances? seems odd, but i'd love for it to succeed.

Posted by: travy at March 3, 2009 1:10 PM in response to Tea Lounge Coming to The Heights?

bho- i agree we lag behind up here but at least we have some jobs and industry. my sister moved back to florida after grad school and she says the job situation there is horrendous. and indeed, while i was there it felt very dead on the streets and lots of for sale/rent signs everywhere.

don't get me wrong, i think we will return to '99 pricing for most of nyc, but things are going to be hellish in suburbia down south...

Posted by: travy at February 9, 2009 1:43 PM in response to Tales from Florida

i just got back from visiting my mom in florida and one of the more disturbing trends i noticed was multiple new condos using the homeless to stand on the street wearing sandwich boards and ringing bells to advertise their price reductions. i think we will continue to fall here but things seem way more bleak down there.

Posted by: travy at February 9, 2009 12:58 PM in response to Tales from Florida

great post northsloper. i love nyc and can't imagine living anywhere else, but there is a limit for everyone for how long a commute or dangerous a neighborhood they will endure and i think a lot of people neared that point at the height of the bubble.

for me, 45 minutes on the subway from a shit neighborhood is my limit and when that becomes my only option for living here, i'm out...

Posted by: travy at February 6, 2009 11:30 AM in response to It's Tough Out There for a Middle-Class New Yorker

queens? that wouldn't be a gay slur would it, bxgrl?

Posted by: travy at February 6, 2009 10:52 AM in response to It's Tough Out There for a Middle-Class New Yorker

nice place where you could lead a pretty nice life. of course, you'd lead a better life keeping your downpayment and renting it for $3k a month.

Posted by: travy at February 5, 2009 2:27 PM in response to Co-op of the Day: 2 Grace Court, #6G

no promenade access on this street

Posted by: travy at February 5, 2009 1:39 PM in response to Co-op of the Day: 2 Grace Court, #6G

uhh, $40k a year equals about $2k a month take home. saving half that and living off the rest is next to impossible.

this is the problem with pricing in this city.

Posted by: travy at December 2, 2008 12:36 PM in response to Co-op Success Story in Bushwick

let me add that i don't think we will return to 70's levels of crime unless some new drug epidemic hits. i mean, fort greene was a warzone not that long ago and i don't think anyone thinks that's coming back.

further, i think the uptick in muggings and property crimes will occur in nicer neighborhoods as well as the recently gentrified because that's where the money is, yo. :)

Posted by: travy at November 25, 2008 1:14 PM in response to Headed Back to the 1970s in Bed Stuy and Beyond?

gkw- some of these sociopaths of which you speak have gotten jobs over the years and have cut back on their robbin' and stealin'. these low level jobs will be the first to go and then when desperation sets in they will do what they have to do to survive--not to mention judgment impaired teenagers whose parents have lost jobs and want a little change in their pockets are going to be acting out more.

how you can argue that higher unemployment in working class neighborhoods (ones dotted with upper class gentrifiers no less) does not equal higher crime is beyond me.

but whatever. there will be some amazing deals near the projects in the coming months. a buying opportunity for someone like you if i've ever seen one...

Posted by: travy at November 25, 2008 11:54 AM in response to Headed Back to the 1970s in Bed Stuy and Beyond?

so naive gkw. desperate people do desperate things like rob your pasty ass to feed themselves.

Posted by: travy at November 25, 2008 10:41 AM in response to Headed Back to the 1970s in Bed Stuy and Beyond?

"i would purchase a building where i have undervalued rents that will continue to go up every year or 2 years when tenants renew"

go up what, $50 per apartment? nice try, 2 million in the hood ain't happening...

Posted by: travy at November 17, 2008 2:25 PM in response to HOTD: 306 Washington Avenue, Two Price Cuts Later

600k for a walk up ghetto studio? why not make it a million? think big, yo!

Posted by: travy at October 23, 2008 4:03 PM in response to Condos of the Day: 473 Clinton Avenue

sigh, arguing with republicans is sooo 2004. seriously, could there be a more intellectually bankrupt group of people?

ironballs, you are a caricature...

Posted by: travy at October 10, 2008 4:38 PM in response to Dow Status Check

shorter ironballs: there's a new sheriff in town and all the criminals are shaking in their boots.

Posted by: travy at October 10, 2008 2:08 PM in response to Dow Status Check

so bond st. down 20 percent. that's a pretty big cut for a prime spot.

Posted by: travy at October 10, 2008 1:40 PM in response to Open House Picks: Price Cut Edition

i continue to believe that the bottom will be represented by a return to the fundamental metrics like price to earnings and home price to median income ratios. stocks and homes have been seriously overvalued speculative bubbles for a long time. this blood letting is a good thing...

Posted by: travy at October 10, 2008 1:17 PM in response to Dow Status Check

g.e. profits down 22 percent. sure about that buy?

http://afp.google.com/article/ALeqM5izE49GukSgb91tH-N5izws8LH4dg

Posted by: travy at October 10, 2008 12:32 PM in response to Dow Status Check

dave, that's what you're paying for!

Posted by: travy at October 10, 2008 12:21 PM in response to Dow Status Check

"What would be so bad about the real estate market dropping? "

that sinking feeling your cock isn't as big as you thought it was these last five years?

Posted by: travy at October 10, 2008 12:04 PM in response to Dow Status Check

"This is and always will be the center of the universe good times and bad. "

yes, brooklyn was an absolute paradise during the 70's and 80's...

Posted by: travy at October 10, 2008 11:56 AM in response to Dow Status Check

sebb- by all means dump all your money in the stock market and brooklyn condos. show you're right!

Posted by: travy at October 10, 2008 11:01 AM in response to Dow Status Check

"The singular feature of the great crash of 1929 was that the worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to ensure that as few as possible escaped the common misfortune."

John Kenneth Galbraith

Posted by: travy at October 10, 2008 10:29 AM in response to Dow Status Check

ha! i needed a laugh today and watching an nyc real estate blog have its come to jesus moment will do just fine...

and ironballs, there is no quicker way to destroy your credibility than to express your support for a republican.

i'll see you all at the bottom (from the window of my $150k studio)...

Posted by: travy at October 10, 2008 10:02 AM in response to Dow Closes Down 679 Points

tough call. the advice to stay is sound, but if you want to roll the dice and play the market a little more effectively, walking away could work out very well for you...

Posted by: travy at October 7, 2008 11:40 AM in response to Front Page Forum: Walk Away from Downpayment?

i walk by here every morning and the desperation in the air is thick. but i suppose not desperate enough to come off of the $2200 studio price tag...

Posted by: travy at October 6, 2008 1:28 PM in response to Rentals of the Day: The Standish Hits the Market

hilarious. $167k a year gets you a studio in clinton hill at this point. but the article does hint at some truth; $167k a year should be able to buy more in this city and perhaps it will very soon...

Posted by: travy at September 24, 2008 10:59 AM in response to Mad Men Moving to Wall Street Digs?

"animals"

seriously, some of you deserve to get mugged...

Posted by: travy at September 13, 2008 11:36 AM in response to Wild Teens Trash Court Street B&N, Assault Manager

santa- that's been my price point for the 'bottom'...

Posted by: travy at August 21, 2008 11:38 AM in response to Sales: Big Haircut Required To Get 160 Henry Street Done

uhh ditto, 20 percent below asking is not 'near ask' especially in one of the nicer co-op's in the heights... and i love the broker-speak that says a near million dollar price cut is 'not a reduction'. hilarious!

Posted by: travy at August 21, 2008 10:44 AM in response to Sales: Big Haircut Required To Get 160 Henry Street Done