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Oh wasder is going to love that BHO! Feeding the fire that you are The What!? ; )
DIBS can it. You also misrepresented the report.
repointing it would be a royal pain in the arse
mopar, that info is correct. Their category ” brownstone” only includes brownstones in Northwest Brooklyn. There were only 60 sales there and the median price was $1.287 MM. It is not representative of all of brownstone Brooklyn which is probably better represented by their category “1-3 Family” But that would included the dreaded Fedders sales as well.
Hey everybody! Go to the NY Mag thread. I pathed a throwback. You newcomers are gonna love it.
***Bid half off peak comps***
Thanks dittoburg, could just see myself asking for advice on crenellation maintenance on the Forum…
Here you go–seems like the only “non-noise” was metaphase:
“Brownstoner made a hash of summarizing the report.
No where does the report that brownstone prices in northwest brooklyn increased 12%.
The report does say that overall brownstone median prices increased 12%. BUT this is the quarterly increase from Q3 to Q4. The year over year prices are down.
Brownstone median price is down 2% year over year, with 2 families showing a 9% median price decline. The overall price decline for all brownstones was buffered by median price gains in the 3+ family brownstone category (investment properties largely). Regardless, these number are from a total n = 60, which is subject to serious noise.”
Posted by: metaphase at March 3, 2009 2:50 PM in response to Brownstones, Co-ops Outperformed Condos in Q4
Yes, mopar, I saw that. Thanks. BHO tried to inject some jibberish but really added nothing. There were a lot of misquotes of the data but I have it printed out in front of me. Even I was impressed with how well prices held up.
nyc87, brownstoner said sales of “brownstones in the Northwest of Brooklyn” were up 12 percent. Does that contradict the report? Is the report outdated like another poster claimed? Dying to know!