(Another) Price Cut at 46 Lefferts Place
A reader sent in a tip that prices at 46 Lefferts Place went under the knife last week, just in time for a building-wide open house on Saturday. Turns out this wasn’t the first time: When we wrote about the 8-unit new building last Tuesday, we were unaware that The Developers Group had had the…
A reader sent in a tip that prices at 46 Lefferts Place went under the knife last week, just in time for a building-wide open house on Saturday. Turns out this wasn’t the first time: When we wrote about the 8-unit new building last Tuesday, we were unaware that The Developers Group had had the listing for a couple of months before Corcoran recently got it. TDG had done a price cut of its own to no avail. This latest move brings the average price per square foot from $526 to $474. Think this’ll make a difference?
46 Lefferts Place [Brownstoner]
46 Lefferts Place [Easy Street]
Lefferts Place Listings [Corcoran] GMAP P*Shark
Not trying to be overly sensitive- by the way. I’m just trying to make sure that I understand what people are trying to talk about. Problem is that when people start using the AY, other posters start cursing and screaming too. Then no one is talking about the same thing and everyone is yelling.
Maybe this is the ‘Brownstoner’ effect.
I’ll be in ‘the shadow’ once the thing is built too, but I still don’t get how people talk about ‘the shadow’ like it’s a dust cloud from a comet impact.
“…some of us actually like talking about the buildings, the architecture, etc.”
There’s no evidence in the archives to support this claim.
it’s not amusing when every single property listed on this website has someone cry aye, then the conversation stops. yes, it would be great if it could be ignored, but people respond because it’s just so idiotic and ignorant.
this isn’t 3rd grade. some of us actually like talking about the buildings, the architecture, etc.
this isn’t about humor. it’s about not being a moron.
Do I really have to start using emoticons every time I make a joke? No thanks!
I know a lot of posts here verge on self-parody to begin with, but I thought Brownstoner fans had above-average reading comprehension.
OK, but what about the building on Lefferts that B’Stoner is posting about?
Just for the sake of argument, what else (beside AY fever) could be contributing to the price drops? Location? Access to one train? The fact that other coops in the area are same price per square foot or less, but are in old brownstones? The talk of prostitution and drug deals on Lefferts? The fact that Fulton doesn’t have a lot of services yet? The lack of a cornice? The more modern looking condo alternatives sprining up around FG and CH made of glass and aluminum panels?
Now, what is the Atlantic Yards Effect? Can someone spell it out? Does everyone agree on the same definition? This is a development that will go on for ten years. It would be nice to track the progress agains the hypothesis.
For instance, it would also be easy to agrue that some of the development that’s going on in this part of Clinton Hill and Bed Stuy is happening because banks and businesses believe that this area is ‘developable’ because of big projects like Atlantic Yards nearby.
You could argue that the Richard Meiers building is happening in part because of the Gehry building going up down the street.
If prices go down because of too much inventory, then Atlantic Yards is only partly to blame. Boymlengreen and Scarano and Bricolage have also saturated the area with product, and theirs are already on the market.
jm, you definitely have no sense of humor!
Brownstoner, this site is going downhill fast. Is there a way to stop all of the AY guano on every thread?
it’s too bad a few trolls have to ruin it for the rest of us. if it’s not the plg troll, now it’s the aye trolls.
and now linusvanpelt is crying aye on the place in park slope on 3rd street?????
for god’s sake. that is nowhere near atlantic yards.
Park Place — why so sensitive? Why do you care if someone posts “AYE”? Just skip it.
Will this building be in shadows for quite a few months of the year once AY is built? Or is it far enough east to avoid the darkness?
http://www.brooklynpaper.com/html/issues/_vol29/29_25/29_25nets1.php