PLG Shocker! 185 Ocean Closes 33% Above Ask
The award for the craziest bidding war of the year so far has to go to 185 Ocean Avenue, home of blogger Planet PLG. After hitting the market with a price tag of $899,000 in early March, the turn-of-the-century brick house in PLG generated a torrent of offers; when the music stopped, the winner bidder…
The award for the craziest bidding war of the year so far has to go to 185 Ocean Avenue, home of blogger Planet PLG. After hitting the market with a price tag of $899,000 in early March, the turn-of-the-century brick house in PLG generated a torrent of offers; when the music stopped, the winner bidder had signed a contract for $1.2 million. He closed for all cash yesterday. The new buyer has been feeding locals the line that he plans on renovating and moving in with his family but the smart money, unfortunately, is on a tear-down. Man, do we hope we’re wrong.
185 Ocean Avenue [Brown Harris Stevens] GMAP P*Shark
Blogger Sells His Home [Planet PLG]
Open House Picks 3/2/07 [Brownstoner]
i highly doubt that a developer who was intending to build a crap building would a. bid so high over asking price (most crappy developers are cheap as hell) and b. take a place on prospect park. anyone but the dumbest developer would build something shoddy on one of the most beautiful public spaces in the country.
that may be too optimistic, but i don’t necessarily think we can be so quick to judge with literally NO info on the topic other than the parcel and house was sold.
Location, location, location!
Hey 1:30pm – with an attitude like that, how do you get out of bed each morning?
What is going to happen here is that a horribly ugly building will be built. It will attract people who will frequent the few place on Lincoln but who simply will not go all the way around to Flatbush, so the scuzz of Flatbush willl not be improved in any way. It is basically a lose/lose for the area. But it is a big win/win for the sellout seller and the developer.
Good point, 11:33am. That is why I think the focus needs to be on making sure the right developer with the right plan puts up a nice building!!!
Since when is $1.2M unreasonable for a house that faces PROSPECT PARK???
Its not that hard core preservationsists want to save every building, its just that almost every replacement building built in Brooklyn in the last 10 years is crap. If developers were putting up decent buildings, traditional or modern, we’d all say great for a place like this.
Bob at 2:52pm, Ed might be cantankerous but he made valid points on ATP. Though he certainly be more polite.
I am a LM resident and I disagree so much I almost have no words for it, with the concept that any type of new building would be a disaster in this location. Not ALL old buildings are important and beautiful. They just aren’t. Europe puts very modern buildings next to very old ones. Why can’t we? Do we only get to erect new buildings in all-new subdivisions? Seriously though, what do the hardcore preservationists propose as appropriate sites for new buildings? I’ve lived in and loved old houses all my life, but this kind of extremist view is so alien to me. True lovers of architecture are capable of loving new buildings too. To only love old buildings and hate new ones is not about architecture, it’s sentimentality. Totally different animal.
Exactly, 7:02. My reaction is, what’s so bad about what 12:02 describes?
The longtime promotion focusing solely on PLG and LM as a neighborhood of single-family historic homes has not been even slightly effective in attracting amenities. What WILL attract amenities and quickly renew the neighborhood are condos and hip renters. So bring ’em on. There are a lot of landmarked blocks in PLG and LM. Which is wonderful. Protect those. But allow fresh, new development in other key locations like Flatbush and on lots bordering the park. The park is what will be most attractive to developers. The park is key.