Carroll Gardens Atrocity For Rent
It’s the building we love to hate: 45 3rd Place, the atrocity in question that has flouted the neighborhood’s vernacular architecture, has units for rent, according to a sign posted in the front yard. After 19 months on the market, and three months after the first price reductions, the aesthetically-challenged developer is trying to cut…
It’s the building we love to hate: 45 3rd Place, the atrocity in question that has flouted the neighborhood’s vernacular architecture, has units for rent, according to a sign posted in the front yard. After 19 months on the market, and three months after the first price reductions, the aesthetically-challenged developer is trying to cut his losses. According to a reader who called the number listed on the sign in the front yard, the asking price for each unit is $6,500.
45 Third Place Open House: Yuck! [Brownstoner]
Condos of the Day: No Buyers for 45 Third Place [Brownstoner]
A Current Look at Third Place Horror Show [Brownstoner]
Price for CG Atrocity a “Fantasy” [Brownstoner]
Real Photos of Carroll Gardens Bastard [Brownstoner]
Carroll Gardens “Bastardization” Hits Market [Brownstoner]
CG Atrocity: There Goes the Neighborhood [Brownstoner]
11233 and wasder, I believe the countdown started on July 31, if I recall correctly. That means the sky shall fall on October 29.
“cobblehiller: $6500 – to live 3 or 4 blocks from the CLOSED entrance to the F train and no other subway. ”
as ugly as this house is it’s on an absolutely lovely block with great restaurants and bars just down the street. and
the subway entrance IS NOT CLOSED. dont you live in the
hood? so you dont have any other subway either…although it’s not a big deal with an F/g only.
I think we should be at 83 days at this point.
What–what is your tick tick tick count at these days oh great genius one?
The developer is offering the units at $6,500 because that’s where the numbers work for him/her. When the interest reserve on the construction loan runs out, the developer will default and the bank will either offer the units at a market-clearing price or sell the asset at a discount to someone who will. It takes a long time for real estate like this to adjust downward to meet the market.
Interesting that the what failed to post on the house that sold for over $2 million. Doesn’t feed into your insanity, what?
Wasder, how many days left?
Well DOW, to answer your question, sure anybody who is buying a house is hoping for a return on it. But its beyond a ridiculous stretch that everybody on this blog is just the same as a developer who bastardizes a classic old house to create massive ugly condos that they will never live in. Completely ridiculous for the What to suggest and for you to agree with. Are you just the same as that developer? I sure am not.
The location is fine. its safe, its boring, there’s good parking.
So why not live in Bergen County? Is one tunnel that different from another?
The location is fine, but it is not a prestige or central location.
You can find cheaper rentals than this in the Upper East Side.
“no different from the Asshats on this Blog! This guy is in the mist of greed and self delusion”
Real talk. Homeshoppers just looking for a place to live = still speculators. You cannot “tell” me you’re not banking on a return.
The location of the building is fine, it’s the hump on its back that is disturbing.