Walkthrough at the Edge
[nggallery id=”45294″ template=galleryview] Soon after news got out about the Edge’s price cuts, we decided to see for ourself if it lived up to its “Live Here or Die” hype. On the price cut front, 89 of the non-water-view units are getting chopped anywhere from 8 to 14 percent. And as for the building’s retail,…
[nggallery id=”45294″ template=galleryview]
Soon after news got out about the Edge’s price cuts, we decided to see for ourself if it lived up to its “Live Here or Die” hype. On the price cut front, 89 of the non-water-view units are getting chopped anywhere from 8 to 14 percent. And as for the building’s retail, CVS signed a lease for three storefronts and a liquor store, a specialty grocery store, and a restaurant are also expected. The development of the waterfront are proceeding as the building construction continues. We checked out the amenity spaces, (see yesterday’s post on the swimming pool), and a few of the two-bedroom models that have just completed. (A two-bedroom at this place currently lists from $640,000 to $1,630,000.) How do you think it looks?
welcome chrishavens who ever you are.
the haters love to hate on WB, yet, every bldg with of CofO is full somehow in the neighborhood. guess those peeps don’t read frownstoners.
Not JUST because, ishtar. Maintainence issues can only ADD to the already downward pressure. The stock market will crash through the March “lows” before RE rebounds. Unsustainable debt loads need to be destroyed. Can’t pay it all off so agencies, companies and consumers will have to default, foreclose and go bankrupt. Deflation will take down EDGE appraisals with it. You’ll see.
***Bid half off peak comps***
I think resale prices will be below purchase prices because those maint. fees will catch up with the owners, BHO.
Yes, novanglus. I forgot to add that mezzanine style LR to my list of immeditate highlights.
***Bid half off peak comps***
Oh it’ll sell out, chrishavens. But not at current prices. Slash slash slash. Eventually resales @ -37.5% off today’s contracts/closes before the market gets “better”. As if very middle upper middle won’t suddenly see better deals accross the river.
***Bid half off peak comps***
That watefall print is a fantastic bit of staging–it really emphasizes the loft/high ceilings and creates the illusion of flow between the two spaces.
EDGE is superb and will sell. You all so out of touch with current williamsburg buyer, which includes families, very middle upper middle type folks, retirees, small island refugees whole market there has changed, this is not hipster product and next to state park
issue in WBurg is quality of construction, this will be among the best (and even the shit is selling)
JB, kids aint in the mix yet when one is looking to get laid 24/7. of course, there’s the “accident” risk yielding the unexpected kid but then kid at moma’s pad
“over priced by 25%”
60%, DCB. The attainable rental range is $3,333/mo to $8,500/mo. Owning deserves a premium during a stable market but when its price hyperinflates and crashes, it intersects with renting and then becomes undervalued and cheaper than renting.
Tight game bangs the chick that owns one, dirty. (Please excuse the politically incorrect orientation bias.)
***Bid half off peak comps***