Condos of the Day: Price Cuts at 192 Spencer
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…
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]
This location is not exactly prime.
I would rather live just about anywhere else.
Even Williamsburg.
“a single person in PS?”
Yup, it’s true.
This is the demographic for 11215. Yes more singles than married, actually.
Never Married 23104
Married 20318
Separated 3659
Widowed 2390
Divorced 3730
11217 has an even higher ratio of singles to married people. Do some research. The internet is a great tool.
Park Slope is becoming too boring…. Its like the kid of the UES
I’d rather be in a studio in Park Slope.
“In five years this area will be very nice.”
I believe that was said 5 years ago.
If it didn’t happen during the latest housing bubble and economic expansion, you think it will happen now with a possible impending recession and housing downturn???
think again.
Lower prices would be better for the community. To be fair, the market is slower. Wouldn’t call this a referendum.
G train. meh.
“You can get a 1 bedroom in Park Slope for 400K. Why would you spend 325K in this section of Bed Stuy?” Because you can’t afford the other 75K and would rather buy now than rent and buy later?
I’d rather be in a “no-mans-land” between Williamsburg and Fort Greene than in East Williamsburg, at least as I am used to using the latter place-name.
This is a nice and quiet area. Tiny cup is an avenue or two away and the G at Bedford-Nostrand is a block away. There is a lot of development going on around here. In five years this area will be very nice.