Condo of the Day: 125 North 10th Street, #NPHD
The new development at 125 North 10th Street in Williamsburg was a little late to the game, hitting the market last March as the world appeared to be collapsing. It took another six months for reality to set in: Across-the-board price cuts were instituted last week. This three-bedroom penthouse, for example, started out at $1,540,000…
The new development at 125 North 10th Street in Williamsburg was a little late to the game, hitting the market last March as the world appeared to be collapsing. It took another six months for reality to set in: Across-the-board price cuts were instituted last week. This three-bedroom penthouse, for example, started out at $1,540,000 and is now $1,200,000. Still not giving it away but certainly a step in the right direction.
125 North 10th Street, #NPHD [Core Group] GMAP P*Shark
“99% of people in billyburg won’t be there if they could afford a place in the city.”
loty, I’ve heard this before. I have yet to see any real evidence of it. There’s much more perceived (and actual) value in the neighborhood than its proximity to 14th St. The problem is, too many people see Manhattan as this stand-alone, universally awesome thing, when the fact of the matter is, it’s composed of many, many neighborhoods, some of which are great, some of which are ok, and some of which are terrible (and this is all subject to taste of course). The same is true of Brooklyn. And for living purposes, I prefer Williamsburg (and several other Brooklyn areas) over the vast majority of Manhattan. And there are plenty of others who have had the same thought process instead of just getting stuck at the pretty-dumb “Manhattan = good, Brooklyn = less good” line of reasoning.
11217, what a load of horse manure. 99% of people in billyburg won’t be there if they could afford a place in the city. Same applies to other fringe places (LI City, etc) where the only perceived value is in the proximity to Manhattan. So now take the only argument – cheaper prices – out of the equation and what do you have left? Either Manhattan prices have to rise dramatically or Brooklyn prices have to fall a LOT for parity to return.
“Manhattan puts me in a horrible rage half the time I go there”
Ha! Me too. Sometimes I think I will end up like some older Brooklyn people who almost never go to Manhattan. If anyone remembers Josie on Court St. in Carroll Gardens (crazy, ran “Josie’s”), I think she told me she’d been in Manhattan twice in her whole life which was 70-something years at that point.
But . . . certain things are only in Manhattan, unfortunately. Certain things I don’t want to miss. Like the Vermeer that’s at the Met right now. Cannot miss that. Alas.
Bjw:
You might be happy to know that *I* would absolutely take Williamsburg over Manhattan any day of the week.
😉
“If I won the powerball, I wouldn’t move back to Manhattan.
I kinda hate Manhattan actually.”
Definitely – it would have to a pretty special opportunity in a pretty special neighborhood for me to really go for it. I did love my time on Elizabeth St, but I’d take Williamsburg, Cobble Hill, Fort Greene, Boerum Hill, and the Slope over most of Manhattan, no question.
Ditto what DH said.
If I won the powerball, I wouldn’t move back to Manhattan.
I kinda hate Manhattan actually.
“what’s the point of paying Manhattan prices (or more) in Brookyln?!?”
Because I like Brooklyn more.
“If not I wont miss Brooklyn at all.”
You mean you won’t even come to read and post on a blog which is 99% about Brooklyn?
Aw shucks!
🙂
you seem rich and poorly informed.