Condo of the Day: 11 Terrace Place
Are sales starting to slow in Windsor Terrace? When we first checked in with 11 Terrace Place in February, people left comments saying the open houses were hopping, and a couple folks noted that the units seemed nice and the development not so bad. While Corcoran’s website shows that seven of the condo’s 18 units…
Are sales starting to slow in Windsor Terrace? When we first checked in with 11 Terrace Place in February, people left comments saying the open houses were hopping, and a couple folks noted that the units seemed nice and the development not so bad. While Corcoran’s website shows that seven of the condo’s 18 units have gone into contract since then, Natefind just lodged a price cut on one of the apartments, a two-bedroom that’s dropped from $625,000 to $599,000. That brings the per-square-foot price down to $505; most of the other listings, including the ones that’ve gone into contract, are in the mid-$500-a-foot range. Not exactly a fire sale, but think it’s indicative of a cooling market in the Terrace?
11 Terrace Place [Corcoran] GMAP
Getting a Clue About 11 Terrace [Brownstoner]
oh my goodness…i didn’t realize that the reason i didn’t live in a brownstone was because I have hair in unwanted places. now I know. thanks.
and as for our beloved alan greenspan…well he has hair on his knuckles and he does pretty well for himself!!!! duh
So mature and so convenient I bet most of you have hair in many unwantd places. Thats why YOU cant aford brownstones and even cemetary condos. Even Alan Greenspan knows that. Think about it.
9:51, you wrote:
“Guest 3:23 and 8:13…read the book Freakanomics and then come back to your statements.”
Freakanomics makes many interesting points, however. So what?
You wrote:
“Did you know your children are safer in the city than they are in suburbs?”
Your claim depends on your definition of “safer”.
Children are rarely murdered in the suburbs. Children and young adults account for the bulk of murder victims in NY City and other urban areas.
You wrote:
“I’ll put the best schools in the suburbs up against the best schools in New York City ANY DAY OF WEEK!”
There’s lots of smart kids in NYC. Stuyvesant High School and Hunter High are proof enough. It’s not comparisons of the best schools that matter.
The key issue is a comparison of all the schools and kids that accomodate the kids who are not at the top of the heap.
Average and below-average kids in the suburbs are in better hands.
“Every major city in the US has experienced the well known “white flight”…”
Ah, so the issue was never about owners versus renters at all. It was – as I suspected all along – about race.
Guest 3:23 and 8:13…read the book Freakanomics and then come back to your statements.
Did you know your children are safer in the city than they are in suburbs?
I’ll put the best schools in the suburbs up against the best schools in New York City ANY DAY OF WEEK!
10:46, you wrote:
“I’d really like to see the studies you are citing here. Just because you would like to believe this over-simplified nonsense does not make it true.”
I see. Every major city in the US has experienced the well known “white flight” as parents relocate to spare their families too much exposure to crime and bad schools.
Meanwhile, are you suggesting that crime and school performance are vary uniformly across all socio-economic segments of NY City’s population?
If so, that conclusion comes from a study I’d like to see.
“People who live in homes they own are unlikely to engage in criminal acts and education will be held in high regard in those owner-occupied homes.”
I’d really like to see the studies you are citing here. Just because you would like to believe this over-simplified nonsense does not make it true.
Debating over whether Windsor Terrace is more desirable then Park Slope is like two people debating over chinese and italian food, or blondes and brunettes (to each their own). Both nabes have +/-‘s and trade offs are made one way or the other. I lived in the north slope and preferred the R line given the proximity to my office, and the walk down to 4th ave wasn’t pleasant coming or going (especially coming home given the incline). I now prefer WT given the cost of goods, and that I actually get a seat on the train in the morning whether walking 2-8 minutes..I happen to walk 1 minute as do many around here, and if had to do another 5 or 10 wouldn’t find it that bad in comparison to my prior Park Slope trek. WT is still developing and as more people move in and developments bring a greater density, some of the commercial amenity is coming back. I hear talk about converting once commercial retail space (now apartments) back to retail down near Prospect and Reeve. Longer term I think this will work out and again bring in more folks from the surrounding nabes. The expressway cut in half or cut off a once thriving nabe and with the surge of new residents its coming back to life.
4:19, you wrote:
“12:55 is definitely the voice of reason on this thread. All the renters should be chased out of the city, shot into space, or maybe eaten.”
The city and suburbs have well known characteristics. In suburbia, schools are good and crime is low. In NYC, good as things have been lately, most of the schools are questionable and crime exists.
What’s defines the difference between city and suburb? The character of the residents.
If you identify the disruptive students in city schools and you identify the mischief-makers in the city at large, you will have to admit both live in residences they do not own.
People who live in homes they own are unlikely to engage in criminal acts and education will be held in high regard in those owner-occupied homes.