371 Clinton Street Sells For Ask
This’ll probably show up on next week’s Biggest Sales list but seemed to merit an immediate post: 371 Clinton Street, the four-story, 15-foot wide Cobble Hill house that hit the market on March 2 and was featured as a House of the Day shortly thereafter, went into contract within three weeks and closed last week…
This’ll probably show up on next week’s Biggest Sales list but seemed to merit an immediate post: 371 Clinton Street, the four-story, 15-foot wide Cobble Hill house that hit the market on March 2 and was featured as a House of the Day shortly thereafter, went into contract within three weeks and closed last week for its asking price of $2,695,000. Pretty impressive!
371 Clinton Street [Brown Harris Stevens] GMAP P*Shark
Stuy also has the following stats:
Free or Reduced Lunch 36%
Receiving Public Assistance 31-40%
Arkady and all,
Admission to Stuyvesant (as well as Brooklyn Tech, Bronx Science, and 5 smaller, newer schools) is strictly and only by the results of one test, the Specialized High School Admissions Test (SHSAT). The test is machine-scored (all multiple choice) without regard to race or any other factor.
Test scores on the SHSAT definitely improve with some prepping–it’s not like other tests kids are exposed to in elementary or middle school. I know kids of all races that prepped some, prepped a lot (very expensively), prepped at home with sample test books, etc. A little prepping (which is what my daughter did) can go a long way. But the test is machine-scored and, as I said, admission is strictly by test score. Stuyvesant requires the highest score because more students list it first. Brooklyn Tech admits almost twice as many students as Stuy and requires a lower score.
I can send you a link to the NYC Specialized High School Handbook which has 2 complete sample tests if you are curious about it.
Amen, Adam. Also you get old “young” out there.
Adam, the counterpoint is most folks would trade down from that big house in the burbs in retirement to somewhere sunny and as recent data points toward – into NYC
Arkady,
Stuy admissions are by specialized school test *only*. They don’t interview or look at applications or grades or names so there’s no reverse discrimination. Aside from the sample on your block, Stuy is about 70% asian kids because many are raised by tiger mothers and they test well, simple as that.
Adam – thats true enough, and thats why many people leave the suburbs with good school districts as soon as their kids graduate school. IN fact the whole selling cycle in some suburbs is timed with the school year.
By that token, many people leave NYC when they retire, because being on a fixed income you don’t want to pay NYC income plus NYS income taxes. They migrate to states where there are no city taxes and no state income taxes.
One thing I wanted to add regarding the property tax arguement vs NYC income tax arguement is that if and when you retire your income will be less and thus income tax will be lower. You will always be paying those property taxes even if you pay off that mortgage. I know plenty of self employed people that pay very little income taxes since they hide their income in their businesses. I neither agree or disagree with that practice but the point I’m trying to make is that income taxes can change but lower property taxes are hard to come by.
Two white Jewish kids on my block got into Stuy while 3 Asian kids (very clever, good grades, etc.) didn’t. We think is was reverse discrimination to an extent plus greater pressure on choice public schools because many families can’t afford private any more & schools -esp. middle schools – tend to select from their own boroughs.
rf, I’m worried that years of discrimination in favor of white people has left the race pasty-faced, soft in the belly, and de-motivated on tests, resulting in the current asian-white achievement gap. The only solution I see is asian-white miscegenation, but m4l is trying to thwart it.