1094 Park Place Finally Sells
It was a long haul, but the beautiful free-standing house at 1094 Park Place in Crown Heights finally sold earlier this month. After coming to market with Corcoran with a price tag of $1,395,000 in October 2007, the price dropped to $1,199,000 in july 2008; Elliman picked up the listing in September and jacked the…
It was a long haul, but the beautiful free-standing house at 1094 Park Place in Crown Heights finally sold earlier this month. After coming to market with Corcoran with a price tag of $1,395,000 in October 2007, the price dropped to $1,199,000 in july 2008; Elliman picked up the listing in September and jacked the ask back up to $1,345,000. In May, after a torrid negotiation process (detailed last week in this Forum post), the house went into contract in mid-May in an all cash deal for $960,000. The buyers who got edged out at the last minute have put up a gazillion interior photos on Flickr that should not be missed by anyone with a thing for old houses.
House of the Day: 1094 Park Place [Brownstoner] GMAP P*Shark
If the buyer did his due diligence, he would have known that this property is in the sites of the landmarks commission and is in a potential historic district. Therefore he must have known that tearing it down would present an iffy proposition. Maybe he’ll be able to get away with it, and maybe not. So the conservative republicans among you should not be overly concerned that Mr. Shalom gets cheated or blindsided by the landmarks commission. Besides, he may have purchased it for his family. One never knows.
This house was worth every penny of the original asking price. It’s awesome. Hope it survives because it really is one of kind.
“he guy paid a lot of money based on certain terms and conditions, seems unfair to try and change them after the fact.”
Agreed. I live a couple of block from here, and this house truly is special, but as long as the guy (or gal) bought it fair and square, it’s his/her right to do with it as he/she see fit. I don’t think that’s about being “conservative.” I just think it’s about common sense.
denton, as much as I hate to see anyting like this torn down and replaced with some piece of shit, the conservative republican in me has to agree with you on that point.
I also side with the Chrysler & GM bond holders.
“Geez, as much as I love the house, I hate when all of a sudden everyone wants to run down to Landmarks and change the deal. The guy paid a lot of money based on certain terms and conditions, seems unfair to try and change them after the fact.”
Ding Ding Ding!!!!!! They did the same thing on Lefferts place! The Developer shelled out 2.4 million before the LPC shot down his idea and now it’s a piece of foreclosed shit. I love the fuckheads on Brownstoner, Ya’ll are a piece of work!!!
The What
Someday this war is gonna end…
“BHO & What,
Your rants are obnoxious and they’re getting old. I just bypass them; I hope others do too.”
No you don’t. You’re a liar. Keep reading.
“BHO has yet to be right.
‘yet’. I love that word.
“Brownstones are nowhere near selling at half off peak comps.”
Gotta pass through -19% to get to -50%. And the current reading is from lagging data so in real time we’re probably more than half way there. We shall see come June 30th. And every last Tuesday thereafter. Stuy High’s gotta be at the higher limit of the drop range from which the average is computed. Very near dear.
***Bid half off peak comps***
Geez, as much as I love the house, I hate when all of a sudden everyone wants to run down to Landmarks and change the deal. The guy paid a lot of money based on certain terms and conditions, seems unfair to try and change them after the fact.
Does that make me a conservative?
Crown Heights North Assoc. is working on a request to have the building made an individual landmark. If Shalom Nagel cares to reach out to us on this, he can do so by going to the CHNA website http://www.crownheightsnorth.com and sending us an email.
Crown Heights North Assoc. is working on a request to have the building made an individual landmark. If Shalom Nagel cares to reach out to us on this, he can do so by going to the CHNA website http://www.crownheightsnorth.com and sending us an email.