1094-Park-Place-0609.jpg
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


What's Your Take? Leave a Comment

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  1. WHO WAS CHEERING THAT SORT OF DEVELOPMENT????

    Remby, Brownstoner, Corcoran, The Developers Group, Century 21, ERA, Remax, Bloomberg,Prudential Douglas Elliman, Halstead and a ton of other stupid motherfuckers!!!

    Dave PWNED!

    The What

    Someday this war is gonna end…

  2. “Peep the thread file: “sales”. When everything went up it was okay to celebrate the market, right?”

    Hey BHO Tell ’em again!!!! When it was going up they couldn’t shut the fuck up and now they want to do the “Boo Hoo” shit! Cry me a fucking river!

    I can’t wait for this fall! Just the look on your faces will be enough for me!

    “Can’t you petition the landmarks commission to move forward with just this one house as an individual landmark? Call over today, they know and respect you there. Someone could be bottom-fishing so as to demolish prior to designation.”

    WHAT?????!!!! Now you wanna Clot Block the development???!!!! Sick people, just fucking disgusting!

    The What (Anyhoo, it’s a beautiful house and I hope it stays put., ROTFLMMFAO!)

    Someday this war is gonna end…

  3. One one hand plenty of Assfucks was cheering this type of development and now it’s “this poor little bitty house”, give me a break!

    The What (Wondos LMMFAO!!)

    Someday this war is gonna end…

    Posted by: Return of The What at June 15, 2009 12:24 PM

    WHO WAS CHEERING THAT SORT OF DEVELOPMENT????

  4. Congrats to the sellers for getting a good price . . . in a tough market.
    I don’t blame them for not wanting to deal with the lunatics who claim to have lost out on the deal then posted their tale of woes about the gutters and whatever.
    Maybe the seller or their agent realized those poeple weren’t serious.
    Anyway, what kind of serious buyer changes their mind about Crown Heights and decides to move to Connecticut. . they probably were going to punk out at the closing anyway when no one wanted to clean out their gutters for them.

  5. “Calling the initial ask ‘ridiculous’ does not vindicate your failed prediction.”

    Nope. Especially when f”(NY Case-Shiller) < 0. We’re already at your lower limit of -20%, DIBS. No bottom in site. YOU FAIL!!!

    “a house like this is not 100 shares of some under performing stock”

    No, it’s one share of tens of thousands of an underperforming housing stock. Get out of here, Monty! Peep the thread file: “sales”. When everything went up it was okay to celebrate the market, right?

    ***Bid half off peak comps***

  6. > Initial asks are typically always ridiculous.

    Mayhaps true, but once upon a time, sellers got those prices.

    I even heard tale of a quaint (now obsolete) practice called a “bidding war.”

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