Who's Gonna Buy This Stuff Now?
We can see how a few naive souls might have been induced to buy this type of thing back when the market was frothing but, seriously, who’s going to step up at this point in the market? Are these the squats and crack houses of the future? $645000 DON’T MISS OUT!!! Crown Heights [Craigslist] $799000…
We can see how a few naive souls might have been induced to buy this type of thing back when the market was frothing but, seriously, who’s going to step up at this point in the market? Are these the squats and crack houses of the future?
$645000 DON’T MISS OUT!!! Crown Heights [Craigslist]
$799000 New Construction 3 Family! Bed Stuy [Craigslist]
$699000 New 3 family 3/3/2! Bushwick [Craigslist]
Laurie – why is that suprising? Corcoran are infamous for inflating asking prices. Many people think the rule of thumb with Corcoran is to knock off 20% straight away instead of the usual 10%.
It is really unfortunate that we have to suffer thru such crappy construction in Brooklyn. I mean who will want to buy this junk?? Very sad but yes these are the future squat houses. Triste mais vrais!
I understand the market has tanked, but as a homeowner in Bushwick I am truly offended by your term upscale “crack houses”. Sorry the homes you picked out are in low to moderate income neighborhoods: Crown Heights, Bed-Stuy and the Wick but contrary to what you think we don’t have people squatting and smoking crack in homes that are being constructed. I know these neighborhoods are shocking for your white laced eyes, but please note, we can’t all afford to live in your white over priced yuppie neighborhoods: Carroll Gardens, Boerum Hill, Park Slope, etc…You should be more responsible with your words.
…”Welcome to Fedders”
“Who’s Gonna Buy This Stuff Now?”
NYCHA
if the links are expired, there are dozens of news ones posted today. these houses show up all over CL.
The surprising thing is that some of the new buildings are listed with Corcoran or other agents with a much higher price tag.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1216312
this is what happens when there is no landmarks and oversight!
as big a headache as it is… it protects some neighborhoods from this problem.
the economic situation will leave lots of this stuff out there and those people who bought the brownstone down the street from these things in neighborhoods with very few services are going to be stranded pretty soon.
I am now hearing a twelve year recovery cycle… a lot can happen in twelve years!
THE ONE ON MONTGOMRY ST. LOOKS “GOOD” IN PHOTO BUT IT IS A REAL PEACE OF S*&^%.
bmfesq
These things need an inspector if someon’e going to buy….and I wouldn’t hold my breath on getting any repairs after the sale from people who build this crap.