Checking In On The Vermeil
When we wrote about some price cuts at The Vermeil, the 22-unit development at 133 Sterling Place at the corner of 7th Avenue in Park Slope, there were only four units left, according to StreetEasy. Now, strangely, there are six available. There haven’t been any price cuts since then, though it looks like some of…
When we wrote about some price cuts at The Vermeil, the 22-unit development at 133 Sterling Place at the corner of 7th Avenue in Park Slope, there were only four units left, according to StreetEasy. Now, strangely, there are six available. There haven’t been any price cuts since then, though it looks like some of the apartments were temporarily pulled off the market in February and brought back again last week. The remaining units range from a 1,532-square-foot two-bedroom for $1,100,000 to a 1,711-square-foot three-bedroom for $1,299,000.
More Price Cuts at The Vermeil [Brownstoner] GMAP
Checking in on The Vermeil [Brownstoner]
Changing of the Guard at The Vermeil [Brownstoner]
First Closing at The Vermeil [Brownstoner]
Condo of the Day: Price Cut at The Vermeil [Brownstoner]
Update on the Vermeil [Brownstoner]
I think they did a good job keeping within the context of the neighborhood. If they didnt start out asking crazy prices when they first went on sale, they would be 100% sold now
CUT.THE.PRICE.EVEN.MORE!
I hope “they” are reading
Yep, tyburg….the newer brick building at the corner, and the attached brownstone is all the Vermeil.
That’s how they fit 22 units (and some quite large) into this sucker!
Oh, lincoln place whorehouse, how I do love thee …
The BHS on the corner of union and 7th has a bunch of listings for the brothel up in their window. Basically everything in it that’s below a million bucks seems to have sold, and all that’s left are the gigantic, $1.2mm+ floorplans (mostly 3 BR’s and a 2 BR duplex).
yes, there’s a good photo and writeup of the 1960 crash here
http://www.nyc-architecture.com/PS/PS.htm
Scroll down the page to “Pillar of Fire
Recalling the Day the Sky Fell, December 16, 1960”
The brownstone to the right is the same building? That’s actually pretty nifty. Not nifty enough for a $1 million, but still pretty nifty.
billyboomer: Yes, this is the fringe of Park Slope. It’s barely a block from Flatbush. None of the Park Slope restaurants, shops etc. start until after St Johns. Granted, it actually can claim to be Park Slope (unlike those new condos on Park Place), but yes, very much fringe.
Brenda… yes, 7th and Sterling was the site of the plane crash.
It is indeed a very handsome looking building. I think it’s relatively well constructed also, and has some nice features (in case you are unaware, the “brownstone” next door is also a part of the Vermeil, and they did a nice job with that as well as the newer part on the corner). As mentioned before, it’s the details of this place that have been totally neglected. The sidewalks, the light fixture, the broken window/s, the green stuff seeping down the Sterling side from the copper, the lack of planters out front, etc.
Those details need to be addressed, and it boggles my mind, because we know that in the 5 or so times this development has been highlighted here, at least ONE broker has read about these issues that many speak about. And done nothing.
The disregard for these little things (which are important when you’re spending this kind of money) make me disappointed, especially since I’ve spoken so highly of the place in the past. They obviously don’t care.
I agree completely with lechacal’s comments about this place chasing the market down. They were extremely overpriced, and as the economy worsens, seem to continually be as such.
I’ve shifted my North Slope condo love to the Lincoln Place brothel.
p.s. I have seen more than a few lights on in here from time to time, but it’s certainly no where close to full.
there is no sense in speculating on construction quality. just get it inspected if you are serious like you would on any other property. if there are minor issues, the inspector’s report will normally get the developer to fix it for free prior to closing. big problems, then walk away.
also, if you have any construction or architects buddies, bring them along one time.