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After less than five months on the market, 70 Berry is sold out. The 38-unit condo hit the market in late November and as of a few days ago every unit was in contract. The building is a mix of one-bedrooms, two-bedrooms and penthouses. Asking prices ranged from $600 to $800 per foot, and we hear that there was very little negotiation on price. Pretty darn bullish.
70 Berry Street Hits the Market [Brownstoner] GMAP


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  1. I’m not the biggest Williamsburg fan, but I say hey, if the folks liked it enough to buy it, then good for the developers. I’m tired of hearing about things tanking left and right. Besides, I didn’t buy there so who cares if I like the exterior or not?

  2. look at DH doing my work for me.

    you people are higher than the hipsters at a bushwick loft party on a Friday night if you think anybody but people (or couples) with real jobs are buying these places.
    the average age of the owners and their success levels at work are seriously misjudged by people that don’t live in Williamsburg.

    I believe that there is only one owner under 30 in our entire condo building. And, thanks to recent events, about 40 little kids. I think the average age is between 35-50, and most people are married.

    just had a friend buy in one of the waterfront properties – he’s 38.

  3. “Like Re-Forte, we shall see.”

    The more apt comparison is 72 Berry. And you’re kind of ignoring that these contracts were signed in a radically different environment. I don’t see any reason why they would renegotiate any significant concessions, especially since this went pretty fast.

  4. “DH, could youngins afford it without “assistance” via parents, trustfunds, etc.? we aint talking about 200k pads here”

    In my experience, in the past few weeks – the people that actually live west of bedford (northside) are older than the typical person you’d see elsewhere in the nabe. Most condo owners I’ve met (and people in my new building) are 35ish childless couples with two incomes presumeably over 100k each. there may be the occasional youngster who has the parental units buying him a crib – but i would think it’s the exception and not the rule.

  5. “sold out”.

    VS

    “in contract”

    Hmmm…have cancellations/bank no-no’s declined?

    “we hear that there was very little negotiation on price”

    Like Re-Forte, we shall see. Until then, Go Billy!

    ***Bid half off peak comps***

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