192spencer1107.jpg
It looks like the developers behind 192 Spencer may have been overly optimistic about the kind of prices the industrial section of northwestern Bed Stuy can support at this stage. The 47-unit building, which we’ve affectionately been referring to as the Kodachrome building, just reduced prices on the first seven units it released in September by 10%; according to Streeteasy, a second batch of seven other apartments was also just released. Prices of available units range from $325,000 for a 634-square-foot one-bedroom to $611,100 for a 1,011-square-foot one-bedroom. Surprised that isn’t selling better? We are.
Kodachrome Building Open For Business [Brownstoner] GMAP P*Shark
‘Kodachrome’ Building Underpromises, Overdelivers [Brownstoner]


What's Your Take? Leave a Comment

Leave a Reply

  1. If you had ever been to Park Slope 1:18, you’d know that many of the lesbians who settled in Park Slope in the 80’s and 90’s have since moved south into Kensington, Ditmas etc.

    In any case, lesbians maybe make up around 10% of the population in Park Slope.

    I do do my homework. That’s why I know more than you do.

  2. I’ll bet these move at the new prices, but it might take until spring to get the job done.

    It’s now just a slow time of year for sales, until feb 1, really. surprised that more people don’t accept this as the perpetual reality of RE; instead we always hear that slow sales on new condos means the market’s tanking – when in reality there are not huge numbers of buyers serious about getting a deal done during the holidays.

  3. someone always chimes in with: You can get a 1 bedroom in Park Slope for 400K, but as we all debated the other day, you really can’t get much more than an alcove studio for that price.

    someone else always chimes in with some comment about how park slope is all old and married- look around 5th avenue on a weekend night- it’s teeming with younger single people. That’s why Union hall does so well, for instance. There’s a whole new kind of demographic that’s been in the slope- especially the far north and far south slope.

    These comments seem to be coming from people who haven’t been to park slope since last century.

  4. If you’re bored in PS, 1:13, try living in the area where this place is…

    Not really sure what about street after street of stores, restaurants, movie theatres and a huge park you find boring, but sounds like you could use a hobby.

1 5 6 7 8