(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
more and more price cuts being reported on brwnstnr. Its the economy, not AY.
I dont get it… this is not even close to Atlantic Yards. How could this be an AY effect?! I think the building is ugly and the units are poorly designed.
first of all, the reason WHY the anti-ayers sounds so crazy on this thread and others is because they are a subset of the REAL anti-ayers. the people who are in opposition to AY and who have voiced concerns in a more civil way than writing (AYE) every other minute on brownstoner claim that atlantic yards is actually going to RAISE prices in the area.
which is it people? you might want to get your stories straight cause otherwise you sound like a bunch of old, outdated geezers that just don’t like change.
Yelling ‘Atlantic Yards’ at every conversation doesn’t seem very constructive. Nor does it seem to address the right set of people.
Atlantic Yards doesn’t cross over Washington Avenue into Clinton Hill/Bed Stuy, does it? Aren’t there lots of other reasons that people might not buy this particular place on Lefferts?
Even if all the ‘Atlantic Yards’ screamers are right, it would only mean that all of the downtown Brooklyn areas go down a notch in price, and that’s still not an intersting conversation to have. It’s like ending all discussions of physics once gravity is discovered.
Brownstoner- Couldn’t you start some special ongoing blog where the AY screamers can post all day to their hearts content? Or, could you end every discussion invitation with the parenthetical phrase “ignoring the Atlantic Yards effect?” For Instance: “Think this will make a difference ignoring the Atlantic Yards effect)?
Shut the f#@k up already, with this AY bullshit!
“It is a poorly planned building (without going into the issues with the appearance fo the facade)…”
Hmm…related issues?
No kidding! I’ve heard real estate prices have been falling as far away as California! I mean, I knew AY was going to be a disaster, but this could take down the whole global economy. Damn you, Ratner! DAMN YOU!!!
AYE is not an issue here. It is a poorly planned building (without going into the issues with the appearance fo the facade – all studios with pokey layouts and little closet space. Should have done one and two BRs and would have sold fine, just as others in the immediate vicinity have.
it seems like part of the problem is that they’re all studios…