The pace of construction on the Brooklyn Heights condo Love Lane Mews was glacial, and now the units are also taking a while to find buyers. The development hit the market last December, and at present four units are in contract. The original brokers marketing the building were switched out and sales are now being handled in-house by the developer, according to a rep for the condo. StreetEasy is also showing price cuts of between 10 and 15 percent on several units: For example, a 988-square-foot one bedroom went from asking $1,050,000 to being listed for $895,000. That’s the cheapest pad on offer; the most expensive is a $3,050,000 three bedroom.
Love Lane Mews [StreetEasy]
First Look at Love Lane Mews [Brownstoner]
Love Lane Mews Already Selling [Brownstoner]
Development Watch: Love Lane Mews [Brownstoner]
Development Watch: Love Lane Mews Already [Brownstoner]
Development Watch: Love Lane Mews Creeping Along [Brownstoner]
Love Lane Mews Partner Gets Bought Out [Brownstoner] GMAP