house
There are no photos up and no text, but Brown Harris Stevens is already teeing up listings at the Sterling Place crash site condos which are being called The Vermeil. There’s been a sign on the building for the last week or so as well. Right now they’ve got a 1,927-square-foot place listed for $985,000. Any other info?
Sterling Place Condominium [Brown Harris Stevens] GMAP
Sterling Place Crash Site Shaping Up Nicely [Brownstoner]
Developments Rising at Sterling Place Crash Site [Brownstoner]


What's Your Take? Leave a Comment

  1. I am still trying to find the layout and the website http://www.thevermeil.com. I am not so sure BHS can get away with such prices in the current market meltdown and the upcoming inability of buyers to get exotic mortgages. Plus I am hoping that buyers will do their due diligence and get an expert’s opinion to confirm what the Brokers are saying.

    That said I am not surprised that they are using modern marketing techniques (i.e. creative truths) to get high paying buyers. Corcoran does marketing magic all the time. Including selling buyers a two bedroom which are really large 1 bedrooms with a dining room (see their site).

    What perplexes me is why the public likes being duped into paying $100K+ more for apartments just because brokers & developers put in viking stoves and marble if not faux marble materials they buy at wholesale prices….Even if the public bought them at retail prices the maximum we would pay would be an extra $20K. Must be a sign of the times.

  2. Shame on Brown Harris Stevens who in their greedy quest for giant commissions are the agents for such an inferior product as are these condos at the Vermeil (similar in sound to Vermin, appropriately). You can do better buying in Manhattan! No value for the buck here folks, but don’t take my word for it. Go see for yourself at an open house and get exposed to the small, over priced spaces represented by the condescending attitdes of the Brown Harris Stevens staffers. Just plain YUK!!!

  3. I was there on the weekend, It was at the first open house.. By far it is the best I have seen around.. They offer you so much and to boot they added extra soundproofing in the floors and walls.. You can sense in the model that its gonna be very quiet.
    its 1000/sf but they offer you top of the line stuff. Before you all pass judgement you should take a look and see for yourself. As for the crash site, I mean I understand but there is no reason to go back in history. Its CONDO time people.. and for you homeowners around that street, you should be happy such quality work is being done. Its only gonna raise the value of your properties that you purchsed for pennies just a few years ago!

  4. I livee next door to the Vermeil on the ground floor. From my backyard I have been able to observe the poor quality construction. Whe I sa on BHS condos listed for 2M+ I thought to myself this is a robbery. These apartments are not worht more than 500K. I have been in construction for many years an this building is build with the cheapest possible materials on the markets!!!

  5. I think the “crash pad” pun is in poor taste. Many people lost their lives and it was a horrific accident that began when two commercial airliners collided over staten island. the plane that came down at sterling and 7th avenue was desperately trying to reach laguardia, and the people on board were probably well aware of their fate while it was all happening, and they had a lot of time to think about it.

    Have you thought of the fact that some of the victims have family who are still alive, possibly living here in nyc?

    Sorry dude, your humor isn’t working for me here.

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