Remedial Repairs Forced Upon 476 Washington Avenue
After years of neglect, the owner of 476 Washington Avenue tried to find a buyer willing to pay $1.2 million last year to no avail. So the property continued to sit in a state of neglect, until earlier this month when the Landmarks Preservation Commission and DOB teamed up to force the remedial repair of…

After years of neglect, the owner of 476 Washington Avenue tried to find a buyer willing to pay $1.2 million last year to no avail. So the property continued to sit in a state of neglect, until earlier this month when the Landmarks Preservation Commission and DOB teamed up to force the remedial repair of the frame house, now covered in aluminum. (If an owner in a landmarked area lets a building deteriorate to the point of needing to be torn down, LPC can sue the owner for the value of the property.) Specifically, the permit issued covers the removal of debris from the 1882 house and the yard and the installation of shoring to stabilize the structure (whose beams had deteriorated). As you can see from this photo, the work began yesterday. Hopefully the people who own this place will finally sell it to someone who can restore it its former glory.
House of the Day: 476 Washington Avenue [Brownstoner] GMAP P*Shark DOB
“who am I to argue”
nobody.
If you say so guest… who am I to argue.
aussie = daveinbedstuy
There may well be a bubble but it is no more of a bubble than in London, Australia and parts of Europe where the same magnitude of price rises have occurred. Having lived in London and Australia I’d say NY (including brooklyn) is more affordable.
I think the resilience of Brooklyn so far is quite amazing. Lets see if it continues… my bet is yes.
It’s in contract now for a nice number. Not $1.2m, but a nice number.
Sounds like the very definition of a bubble, don’t you think?
“…5 years ago when it was on the market for 335 NEGOTIABLE.”
What bubble? What impending crash?
what part of “landmarks Preservation Commission” do you think implies that they would allow the tear down an historic house?
PS11 is pretty good.