vermeilpricecuts060107.jpg
133sterljun3.jpgIt looks like things ain’t going so well over at 133 Sterling Place in Park Slope. Despite having been on the market since the beginning of the year, there are currently 21 unsold units on broker Sandy Biano’s listings page (which seems like a lot given that Property Shark says it’s only a 17-unit building!). Three of the more expensive ones got big price cuts on Friday but are still far from cheap. There’s no doubt that this is a desirable location and that there is a need for family-sized apartments; perhaps there are just fewer families willing to shell out close to $2 million for an apartment when they can go a couple of blocks across Flatbush Avenue and get a house for that price. When we posted about this place back in March, reader comments ranged from “I saw the model apartment and thought it was quite nice” to “I can’t get beyond the prices.” Presumably more than the model apartment is viewable by now. Has anyone stopped by recently?
133 Sterling Place Listings [Brown Harris Stevens] GMAP P*Shark
Update On The Vermeil [Brownstoner]
Reduced Brooklyn Listings [NateFind]


What's Your Take? Leave a Comment

  1. Hi, I am a resident of the West Village and recently saw these condos.. Speaking from a manhattan state of mind, I have to honestly say that these condos are by far the best I have seen in Park Slope. I saw the richard Meier building, just not my thing, (I perfer smaller buildings) plus there is nothing over there!! As for the prices at the Vermeil, yes a bit high but If I do decide to move forward with anything in brooklyn, (since alot I’ve seen is overpriced or not necessarily my taste) I will just simply make an offer that seems right. I don’t seem the harm in that!! All I have been reading, besides the bickering back and forth is about how prices have soared. Well I will tell you one thing! Manhattan is only going up, and up! I simply can’t afford it, not only an apartment but the lifestyle as well!! ..And for people like myself that would like to expand, Brooklyn has become my closest and only option, and!!!! If more of my kind begin to feel the same, brooklyn is going to be right there and ready for us.. So with that in Mind, I’ll want something Nice, and something similar to what I have now, location, lifestyle etc.. I have to honestly say that the Vermeil is by far the closest to what “I” would be looking for and the Richard Meier for others..So for all of you that can’t see out of the box. I wish you well, but please stop putting a damper on things that are actually worth the while. And if you don’t know the facts, please! keep quiet. you have no idea how annoying it is…

  2. Hi, I am a resident of the West Village and recently saw these condos.. Speaking from a manhattan state of mind, I have to honestly say that these condos are by far the best I have seen in Park Slope. I saw the richard Meier building, just not my thing, (I perfer smaller buildings) plus there is nothing over there!! As for the prices at the Vermeil, yes a bit high but If I do decide to move forward with anything in brooklyn, (since alot I’ve seen is overpriced or not necessarily my taste) I will just simply make an offer that seems right. I don’t seem the harm in that!! All I have been reading, besides the bickering back and forth is about how prices have soared. Well I will tell you one thing! Manhattan is only going up, and up! I simply can’t afford it, not only an apartment but the lifestyle as well!! ..And for people like myself that would like to expand, Brooklyn has become my closest and only option, and!!!! If more of my kind begin to feel the same, brooklyn is going to be right there and ready for us.. So with that in Mind, I’ll want something Nice, and something similar to what I have now, location, lifestyle etc.. I have to honestly say that the Vermeil is by far the closest to what “I” would be looking for and the Richard Meier for others..So for all of you that can’t see out of the box. I wish you well, but please stop putting a damper on things that are actually worth the while. And if you don’t know the facts, please! keep quiet. you have no idea how annoying it is…

  3. 8:24,

    Richard Meier building is ONLY 20% sold? That’s pretty damn good, I think, for a high-priced building that’s still under construction and not set to open for what, six more months at least? maybe a year?

  4. That’s exactly precisely what I thought about the bathroom tiles and fixtures, 8:55pm. I thought it was tragically dated already, in fact. And when I asked the realtor if buyers could change the tiles and fixtures in the bathrooms, since the units were selling pre-construction, the realtor said “no” all in a huff and said “these aren’t custom bathrooms” like it was a ridiculous question. Well, frankly, if I were spending $1.6 million on a smallish 3BR condo yeah actually, I’d like to choose some of the features myself! Maybe if it were a Richard Meier building it would be an insult to suggest changing elements of the interior design, but I couldn’t even name who designed this building. Why couldn’t we change the bathroom vanities if we wanted to?

  5. PS 282 is not a “poor” school, 8:24pm. Test scores are good and everybody who knows anything about schools considers it an up and comer. SOME people might have a problem with the ethnic diversity at PS 282, that’s all.

  6. I went to see the model a month ago. My initial thought was that the bathroom tiles and fixtures were so “trendy” that if we bought and then decided to sell the place to move to a house down the road, that everything would be tragically dated. The sliding doors in certain rooms were strange. Nice windows though.

  7. Richard Meier building is only 20% sold Corcoran is having a very hardtime selling these units. SD of the Vermeil is 282, one of the poorest in the Slope. I hear they are getting nibbles at prices about 15% less than the current asking prices— Vermeil I mean..

  8. good. stay in manhattan. we only want people who love it out here, and there are plenty of people who do as evidenced by this website, gowanuslounge, otbkb, lonely planet, and the host of other people who have noticed how terrific brooklyn is.