156 Lafayette Sells For 1/3 Off
Remember 156 Lafayette? It was a House of the Day last November when the corner house was asking $2,350,000. Everyone seemed to agree that it was overpriced which, it turns out, it was. It just sold for $1,500,000.
Remember 156 Lafayette? It was a House of the Day last November when the corner house was asking $2,350,000. Everyone seemed to agree that it was overpriced which, it turns out, it was. It just sold for $1,500,000.
I stand corrected. “Lead balloon” should be substituted for “lead foot.”
It’s an optical illusion that prices aren’t falling. Trophy property sales are not representative of the market as a whole which is Tanking with a capital T.
Things drop like a lead balloon, not a lead foot (which is what one has when one drives too fast). You’re mixing metaphors. And yeah, prime Fort Greene a few blocks from the park? No lead balloons OR feet in that nabe for sure.
Place looks huge albeit fairly ugly. Mostly the furnishings, though; I woulda loved a crack at this one and might have jumped in the game if I’d known it’d go at such a deep discount.
If we had the widget (where oh where is the new, improved widget?) we could have had a better idea of what the Brownstoner public thought the house would sell for than “Everyone seemed to agree that it was overpriced.”
No lead foot in this neighborhood that is for sure.
No lead foot in this neighborhood that is for sure.
Thwakamole – when I saw the place the agent made no promises as to it being delivered vacant – and said it could take only 3 months to clear up SRO issue (Seller wouldn’t provide Certificate of Non-Harassment either).
> the market is still dropping like a lead foot.
You must live in an alternate reality. Maybe the market will some day drop like a lead foot, but it isn’t happening yet. Not anywhere I’ve looked or considered.
Ironballs, I am confused by your statement. The numbers posted on here seem to suggest the BK market is pretty healthy and I just sold my apartment for ask which kept me a bit above what I paid in 2007 after transaction costs.
a yes, the old 500k estimate.. Which clearly means, you are lucky if it takes only a year and slightly less than a million.