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]
Anonymous 3:33, how can you build a 54 foot wide building on a 20 foot wide lot? (Besides defying physics.)
The limestones are definitely at less of a risk because of their smaller lot size. I see this phenomenon all the time over on the non-Manor side of the neighborhood where the Victorians get torn down and turned into Fedders. The row houses on smaller lots are (thankfully) not worth it for the developers.
And Bob, I understand your fears about the Meier glass box thing, but let’s not throw out the baby with the bathwater. As much as it breaks my heart to see Dan’s house torn down, some good could come of it. If we have to have a new building, higher end higher density development could help to bring services to the neighborhood and could help clean up some of the shadier stretches of Ocean Ave.
Again, I don’t think the limestones are at risk, unless all the owners decided to sell all at once.
This teardown will make its buyer a tidy little profit…just wait and see.
“Am I the only one who sees a prison-like effect created by the bars on every window? Is that even necessary in this day and age?? (And is that actually plywood in the attic windows?)”
By the time it hit the market, the bars were gone from the second floor windows and, no, that isn’t plywood on the third floor (not an attic anymore) it’s a window shade.
A new development is the BEST thing to happen in this area. I hope they build a Richard Meier type of building for a fraction of the cost!!
well, when this house was originally posted here, everyone bitched that they wouldn’t want to live in the shadow of the large apartment building next door. now that something more proportional may get built, everyone is bitching about that.
welcome to brownstoner.
Am I the only one who sees a prison-like effect created by the bars on every window? Is that even necessary in this day and age?? (And is that actually plywood in the attic windows?)
Thre limestones can build a 36,000 sq. ft. building that is 54 feet wide. That sounds reasonable to me.
In order to avoid the temptation to sell, homeowners of the limestones on Ocean should, if possible, sell their unused FAR to the developer, but not the whole house. It will result in a larger piece of new construction, but effectively protect the restrictions on their building.
The limestones are lot width of 18′ I believe. Much less chance of teardown.
This house is on 29′ wide lot which makes much more profitable to put up new building.
Planet PLG is a sell out after all…
There is NO QUESTION that house will be torn down. Most of the block is apartments.