Lots of Price Cutting at the Park Place Condominium
According to Street Easy, fifteen units at the Park Place Condominium just had their prices cut by more than five percent. Take, for example, this two bedroom; the 1,360-square-foot apartmentment was listed back in November 2005 for $1,199,928 and was reduced to $1,109,000 on Friday.We haven’t been inside, but one thing that strikes us about…
According to Street Easy, fifteen units at the Park Place Condominium just had their prices cut by more than five percent. Take, for example, this two bedroom; the 1,360-square-foot apartmentment was listed back in November 2005 for $1,199,928 and was reduced to $1,109,000 on Friday.We haven’t been inside, but one thing that strikes us about the photos is the low ceiling height. There were several open houses in the building yesterday. Did any of you go? What do you think is putting a damper on sales?
Park Place Condominium [Street Easy] GMAP
145 Park Place Listings [Corcoran]
overpriced, cheap construction, unprofessional sales agents, and delay, delay, delay. blame the developer AND the agent – the two in combination proved totally disastrous for this project.
Who on earth uses public transport??….
Brownstoner is for property owners, not common folk.
“15 mins to Soho!!!…..
I don’t think Black Hawk journey times are very relevant.”
you don’t have a clue. i have timed this trip many times. it is exactly 10 minutes on the Q train from 7th avenue (steps from this place) to canal street. EXACTLY. once it took me 8 minutes. then take a 5 minute walk to soho.
you people who comment like this have no idea about brooklyn, so why are you reading BROWNSTONER????
crap or not,
there are a few full-price offers on available units in this building this time around..
Get a one bedroom apartment in Murray Hill or Kips Bay. Should be no problem finding something for less that 700k. Manhattan is a much safer place to buy than Brooklyn. If the market crashes, the suburbs (AKA Brooklyn) will certainly feel the pain more than prime Manhattan.
This seems like an active blog. So maybe you can help. Im looking for an apartment and have a budget of no more than $700K. Wheres the best place to look for comfort, investment, safety, and not too long to get to midtown.
Get on the B or the Q at 7th Avenue. Get off at Broadway Lafayette. 15 mins. Time it.
In terms of the doorman comment, you don’t move to Flatbush for a doorman. However, a lot of people moving from Manhattan are used to the convenience of a doorman, so it is a good selling point.
And now back to the snarky comments…
15 mins not pushing it all that much…ride time that is
Q 3 stops to Canal and B’way
B 4 stops to B’way Laf
By the way, I would never blame the broker because from the way it was built the developer was following the paradigm of unbelievable cost cutting in the development (the heating units in the rooms are insane) matched with greed in pricing. And where is the entrance anyway – on PP or Flatbush?