All of 90 First Place Spoken For
All five units in the conversion at 90 First Place have either sold or gone into contract, according to a press release beamed out yesterday. Two closings happened this week, according to the release, though none had hit public records as of last night. The condo went on sale in April, with prices ranging from…
All five units in the conversion at 90 First Place have either sold or gone into contract, according to a press release beamed out yesterday. Two closings happened this week, according to the release, though none had hit public records as of last night. The condo went on sale in April, with prices ranging from $925,000 to $1.15 million.
90 First Place Knocking Cover Off Ball [Brownstoner] GMAP
It would be nice to know if they were paid in cash or if financing from the banks was involved. I don’t think banks are going to cough up a million dollar loan for a condo in a brownie.
“hopefully CG doesn’t turn into park slope.”
Um, too late?
i think these were a bit overpriced but it’s a great block and the neighborhood seems to be filling up with younger families (w/kids) that can’t afford a full brownstone but have enough cash to put down some roots. there’s a luxury rental on henry and carroll that’s full of these young yuppy families paying what i think is crazy rent but the place is full up ($3-5K for 2BRs). hopefully CG doesn’t turn into park slope.
I’m not rhat familiar with the area, but those seem really tiny to be million-dollar homes. What am I missing?
on the whole, the brownstoner reader is far more pessmistic about the market than the actual buying market…as represented by Miss Muffett, et al…prices haven’t come off nearly what the reader thought it should have, and the bids continue to develop below…assuming relative economic stability – mainly, jobs, – the Brooklyn market will go higher…some dollar related activity, for sure, but, more than likely, the idea of having a home for the next 10-20 years in fantastic neighborhoods…with inflation protection for free…
cgar, many times with developers I don’t know why they feel the need to put in medicine chests, probably costs more money to take out than 2 buy the shitty one they used.
“Into Treasuries, not the dollar”
correction noted.
4 of 5 inked in July. 7 months later, only 2 “closed”. No price disclosure. Put the bubbly back on ice.
***Bid half off peak comps***
P.S. IMHO, unlike many developments / conversions, these units were priced to sell. Good location, too, between Court and Clinton.