Buyer's Market? Not In Boerum Hill
In further confirmation that Boerum Hill is THE high-momentum nabe at the moment, we just received word that 152 Dean Street, featured a month ago as an Open House Pick and mobbed with house-hunters (not that there’s necessarily any connection between the two), has gone into contract at $2.45 million, $150,000 over asking price. We’d…
In further confirmation that Boerum Hill is THE high-momentum nabe at the moment, we just received word that 152 Dean Street, featured a month ago as an Open House Pick and mobbed with house-hunters (not that there’s necessarily any connection between the two), has gone into contract at $2.45 million, $150,000 over asking price. We’d love to hear some color on the bidding dynamics if anyone’s privy to them. Frankly, we’re not surprised the house sold itself–from the photos on the Elliman site, it looked perfectly designed to sell. Plus, it’s hard to put a price on the Heath factor!
152 Dean Street [Prudential Douglas Elliman] GMAP P*Shark
Mob Scene at 152 Dean [Brownstoner]
Actually it’s interesting, because 152 is inside the boundaries of the Boerum Hill Landmark District, while much of what’s called “Boerum Hill” is not. There is a premium for actually being in what is the real “Boerum Hill” as opposed to surrounding areas piggybacking on the cache and aesthetic insurance of the landmark district.
http://www.nyc.gov/html/lpc/downloads/pdf/maps/boerum_hill.pdf
I grew up in the Wyckoff housing projects and if I could afford to buy a brownstone right across the street, I wouldn’t hesitate. I think many people become very narrow-minded when they hear “housing project.”
If you are currently in the market to buy a house and it’s within 2 blocks of a housing project and you love the house, buy it. There are many hard-working families who reside in the projects and I come from one of them.
I agree with a previous poster that the crime victims are residents themselves. The projects are like Vegas “what happens in the projects stays in the projects.”
I’m not going to pretend that there isn’t any crime or drugs with any housing project, but drugs, crime and violence can be found in any street in mainstream America.
Yes, I am fortunate enough to be able to buy a home these days, but don’t look down on people because they are not as blessed as you are. Perhaps if you’re so concerned about the affect the projects may have on your quality of life, then do something about it. Become a big brother or big sister, instead of getting Viking and Sub-Zero appliances down grade to GE, Whirlpool, etc. and invest the extra money in your new communities. Don’t be so quick to dismiss the projects because in a couple of years when they become condos & co-ops there will be many of you who will be interested in getting a piece of the action.
If I have changed someone’s perception of the projects that’s great and if I haven’t hopefully your narrow-mindedness will lower the prices in the area, so that maybe then my family could afford to live where we grew up.
And I’m still wondering if any of the posters here had $2.4+ million, if they would get into a bidding war to buy that house over any of these, which would leave the buyer with more than $500,000 to do work on the house to their own taste.
http://www.brooklynbridgerealty.com/display.cgi?mode=display_property&id=1825&CFID=67714&CFTOKEN=54004081
http://www.brownharrisstevens.com/detail.aspx?id=467262&CFID=67714&CFTOKEN=54004081
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=813634&CFID=67714&CFTOKEN=54004081
oh , I forgot -many are too close to Atlantic Yards.
So only implication was to bring up fact that ugly buildings exist 2 blocks away? Probably on streets that you wouldn’t pass to go shopping or to subway. And that somehow should bring down price exactly what percent from a house 3 blocks away from an ugly building or a house that doesn’t have an ugly building for a whole 4 blocks?
Would you bring up fact that some very expensive BkHts houses are block away from that ugly Cadman Plaza complex?
I doubt there are many blocks, homes in Brownstone Bklyn that aren’t too close to projects (or other ugly bldgs), highway, on bus route, across from school or other undesirable institution(jail), etc, etc, etc.
Um, I didn’t say a thing about where there is more crime, I have no idea, I said the house was two blocks from some nasty projects. I own a house just on the Cobble Hill side of the BQE trench. It’s nastier there too than on blocks like Tomkins, Strong and Cheever, or parts of Warren, Baltic and Kane, which I live on. When I say nasty I mean it’s ugly, pure and simple, in my eyes. Why does that offend and scare some people?
Again I think folks get so hung up on neigborhood name —projects in Boerum Hill only 2 blocks away.
Well, very pricey Cobble Hill houses are only 2 blocks away also(going west)…any suggestion that Cobble Hill is under crime seige?
And very safe Carroll Gardens begins 1 block south of projects.
Or is it that any crime element doesn’t go that way because of these ‘neighborhood boundaries’ that people here are fixated on.
This listing is in many ways as far from the projects as any house could be in Boreum Hill – if you dont want to live near projects then you dont want to live in BH.
I actually think that this house is in a real good location and in reality the projects wont impact your day to day.
I also think that while people may be overstating the negative, I think others are being a bit utopian – just ask yourself this – its 9:30 at night your at Warren and Hoyt and you need to get to 4th Ave – do you walk up to Wycoff and then east or do you walk through the Gowanus Houses.
If people here are honest virtually no one is walking through the Houses.
Sorry if my post has led to revisiting this issue from last July. http://brownstoner.com/brownstoner/archives/2005/07/
boerum_hill_ope_1.html