Forte 100% Spoken For!
Well, that was crazy quick! The unsold units at the Forte condo on Ashland, which were transferred from developer to lender this summer and then put back on the market at massively reduced prices in November, are now all either sold or in contract. Adam Pacelli, the lead Corcoran broker for the building, says that…
Well, that was crazy quick! The unsold units at the Forte condo on Ashland, which were transferred from developer to lender this summer and then put back on the market at massively reduced prices in November, are now all either sold or in contract. Adam Pacelli, the lead Corcoran broker for the building, says that six of the units available for sale have closed, 52 are in contract, and the remainder have pending contracts. Pacelli says Corcoran inherited 70 units to sell. (Streeteasy records confirm the numbers save for one condo the site says still isn’t in contract.) When the condo went back on the market, most units were priced around $500 a foot. Surprised?
Forte Reboot Priced to Sell [Brownstoner] GMAP
Forte Officially Goes Back to the Bank [Brownstoner]
Clarett, Goldman Lose Control of Forté [Brownstoner]
Putnman
you might be right
when I drive up Flatbush to hook a right onto Myrtle to get to the BQE entrance on Prince, what is the bldg that’s like RIGHT THERE? the Toren?
ah so Forte seems like it’s in a nice locale
I think Gemini1 has the Forte confused with the Toren? The Forte is in great location – right next to the Bam Harvey and a block from Fort Greene Park. Too bad it is so ugly, but I guess you can’t see that from inside! Perhaps this will allow the further development of the BAm Arts District to restart.
My beef with Forte’, when I was considering a condo a few years ago, was the challenge of fitting a true bedroom set in the master. Couldn’t do it. If they made fewer, larger sized units at the same PSF, Clarett would have fared much better and maybe even made it out alive. You see a lot of multi-level apartments (just coops?) in Manhattan but not enough in Brooklyn. Apartment developers should go head up with the townhouse market and make more duplexes and triplexes in highrises.
***Bid half off peak comps***
“there’s some cool music on the “Residences” page for the Brooklyner website. Some local gal called April Smith who sounds immensely like Amy Winehouse”
I noticed this the other night when I clicked on it by mistake. Been trying to get people to listen.
I’ve been stalking Forte in Streeteasy. Every week after the price cuts, a long list of “In Contract” listings would appear in the alert emails.
Good for them. It’s about time they realized these units were grossly overpriced and adjusted accordingly.
Actually, BHO, it’s Clarett (one R, two Ts).
I would guess that, after the Forte debacle, they’re future hinges on The Brooklyner renting fast and fully. By the way, there’s some cool music on the “Residences” page for the Brooklyner website. Some local gal called April Smith who sounds immensely like Amy Winehouse.
“I much rather not live across the street from the Projects and in the middle of the entrance ramp to the Manhattan Bridge ” — that isn’t where Forte is. Don’t know what bldg you are confusing it with.
I thought Forte layouts were interesting ..less boxy than most bldgs. Just about any new bldg is ugly to almost every here so I pay no attention to those comments.
interesting SHAPE… incredibly ugly building.
i think a lot of it selling out also has to do with the fact that it’s an interesting looking building and a super tall building. some people are very attracted to that.
*rob*