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  1. “biff, who among the PLUSA’s can afford that price tag?”
    M4L, you might be surprised. Plus, perhaps you can snag this for $500K, as HOBOKENROCKS hopes to do one day.

    etson is right that traditionally things slow down dramatically after Memorial Day until the fall. But there still seems to have been very few new listings this entire year, at least in Brooklyn Heights, which is the neighbourhood I follow most closely.

  2. Lack of new supply now is probably just seasonality (at least according to a broker whom I trust and with whom I discussed this very issue a couple of weeks ago).
    She said new supply always dries up after Memorial Day & then increases again in September.

  3. Why so late with COTD & HOTD. Has the market toatlly dried up???

    This is the conundrum that BHO and MM face. There is less and less supply and they may not find something to their liking. Only once the market has bottomed and started to move up will more supply come out. Additionally, rates will be higher. Oh dear, what to do????

  4. What, if you and DIBS are the only two respondants, you might end up on a tour with him. I would pay to see that!

    Posted by: Biff Champion at June 11, 2009 12:23 PM

    I would pay $20 bucks to see that as well. We can create a new brownstoner show and charge admission.

  5. “i prefer 40’s to mojitos, sleeping on a couch instead of a king sized mattress, rap to classical music, and i dress poorly and oftentimes i smell on the weekends.”

    He may or may not be gay, but he’s definitely a hipster.

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