302-washington-avenue-0308.jpg
Where’s the floor on the last remaining unit at 302 Washington Avenue? The three-bedroom lower duplex started out at $1,325,000 back in April where it stayed for six months until the reductions started kicking: The price was cut to $1,275,000 in October, $1,199,000 in November, $1,075,000 in late January. On Friday, the price fell into the six-figure range. Think anyone will step up at the new ask of $999,000?
302 Washington Avenue [Brown Harris Stevens] GMAP
That Pesky Last Unit at 302 Washington [Brownstoner]
Condo of the Day: 302 Washington Avenue [Brownstoner]


What's Your Take? Leave a Comment

Leave a Reply

  1. 4:36 writes “What was NEW then and UNCHANGED now is the fact people don’t want to live in the suburbs of NYC anymore, they want to live in the city.”

    What’s the population growth of New York City been during this decade? Between 2000 and 2005, it was about 0.35% a year: http://www.gothamgazette.com/article/demographics/20060627/5/1894. That hardly suggests that people are banging down the doors to get in. And it also proves that the inflation in housing prices between 2002 and 2006 was not propelled by migration, but rather, as everywhere else, by cheap money, easy lending standards, and speculation. You are living in a fantasy world if you think that things are just going to go back to normal now that the bubble has burst. It’s not — prices have to fall sharply or else stay flat for a very long time for home prices to get back in line with incomes.

  2. “They are preparing for one million more residents over the next 20 years.”

    You do know that there is actually no data at all to back up these inflated projections, right?

    And that the vast majority of the actual population increase are poor immigrants, not disgruntled suburbanites, right?

  3. What’s the actual difference between Clinton Hill and Fort Greene other than an arbitrary street boundary? Is there one, or are they really the same neighborhood, that used to be different, but have now merged and continue on with two names?

  4. As a resident of Clinton Hill who has lived in the Clinton Hill Co-ops for over the last 10 years, I can tell you that Clinton Hill is much too diverse a neighborhood to paint a description of it with one stroke of the brush. The neighhborhood is both gentile and “street”; it is hipster, hip-hop and preppy; it is both gentrified and normal; it is blue collar, white collar and artsy, all at the same time. The parts of it that are close to Fort Greene (or by the “G” train Clinton-Washington Station) are pretty similar to Fort Greene (if not grander) and the parts of it that are close to Bed-Stuy are similar to the western edges of Bed-Stuy. The neighborhood has seen a surge in popularity similar to the other brownstone neighborhoods. It has a number of fine resturants, such as The Speak Easy, Locanda Villi, Luz, Il Torchio, Rustik Tavern, Tamboril, Maggie Brown and Zaytooons; it has fine cafes such as Pillow Cafe, Connecticut Muffin, Cafe Martino and Cafe on Grand; and it has fun night spots such as Parlor Jazz, Five Spot, Sputnik, Rustik Tavern, Ropes and Le Grand Dakar. Given all that Clinton Hill has to offer, it should be no surprise that so many people from different walks of life, with different tastes and desires have chose to live here. For those of you who doubt it, you might want to check out the whole neighborhood before you knock it.

  5. Ok, fine, places like this one are overpriced, but shouldn’t these places sell anyway due to people making lower (low-ball) offers? What are buyer’s too scared to make the low offers, or sellers/Realtors too deluded to take them?

1 2 3 4 5 9