Argyle Closings Happening, But Watch That Punch List
As we noted two weeks ago, closing at The Argyle on 4th Avenue in Park Slope (where 70 percent of the units have been sold) have begun. And a press release yesterday trumpeted the fact that buyers have already begun moving in and provided a link to some photos of finished interiors. Unfortunately for one…
As we noted two weeks ago, closing at The Argyle on 4th Avenue in Park Slope (where 70 percent of the units have been sold) have begun. And a press release yesterday trumpeted the fact that buyers have already begun moving in and provided a link to some photos of finished interiors. Unfortunately for one new owner that we heard from, though, his place doesn’t look like the one in the promotional photos. Seems that his unit wasn’t in finished form when it was time to close a couple of weeks ago and he was persuaded to sign an addendum to the contract in which the developer promised to fix the problems in a timely manner. The buyer sent us the following warning tale at the end of last week and followed up with the photo above yesterday. Here’s the owner’s email from earlier this week:
Here I am at day 11. And I still don’t have keys to the main front doors, access to my parking space, window screens, appliance warranties, touch up paint. What I do have are uneven and scratched kitchen cabinets, sloppy paint and caulking work, uneven tiles and floors that look like the rolling hills of the Berkshires (okay, that’s an exaggeration, but there are elevation changes by inch in a three foot are all over the place.)
The update as of yesterday was that the sponsor has now torn up 90 percent of his floor, made him vacate the apartment and is predicting the work will drag on another ten days. A far cry from how the model apartment looks. Welcome to Brooklyn’s Park Avenue!
First Closings Recorded at the Argyle [Brownstoner]
Argyle Listings [Corcoran] GMAP
DOB OK’s the Argyle [Brownstoner]
The Argyle Unveiled [Brownstoner]
11217 I’m not an expert but I think at closing the seller is supposed to deliver an apartment. if they are instead delivering a piece of paper to sign, and making buyers think that they have no other choice, that’s a sham.
“A little sympathy would probably be appropriate. ”
But everyone seems to be having so much fun blaming the victim!
Seriously, that sucks to move into a new place and have problems of that level (requiring you to vacate the apt. etc.).
I’d be pissed and looking for legal advice.
I’m sorry, but how exactly are the closings a “sham?”
I’ve seen them showing up on streeteasy, so I’m not really seeing how they are false.
A little sympathy would probably be appropriate.
It is very simple – the drop dead date (“the First Closing of a Unit”), according to the offering plan was 12 months from June 1, 2008. If this was not met, each purchaser had 15 days to rescind. These closings were a sham – simply to meet the deadline. Who, in their right mind, would not rescind?
Where are the lawyers when you really need them??
someone call the waaaaaaahmbulance. i saw some dude come out of the finger building on 4th and carroll and trip over the exit. sorry i laughed. but i think tat is all rental now.
*rob*
These sound like rather normal things to deal with when buying new construction, from everything I’ve heard.
None of those things he/she mentions are a big deal. Scratches, missing screens, touch up paint…all this can be done in a day. Hopefully the floors are no cause for concern.
Looks a lot like more than 1 weeks work. If they do finish it in a week the job quality is going to suffer.
The real question is how on earth did this guys attorney allow him to close? Unless he received some type of financial incentive from the Sponsor that “persuaded” him to close it makes no sense to me