Condos of the Day: 145 Halsey Street
According to the marketing verbiage, 145 Halsey Street was built in 1892 by someone named P.F. Emmett. It’s now being reborn as a four-unit condo after undergoing an extensive renovation that restored much of the house’s original detail while updating its systems. There was an open house for the downstairs apartment on Sunday. Asking price:…

According to the marketing verbiage, 145 Halsey Street was built in 1892 by someone named P.F. Emmett. It’s now being reborn as a four-unit condo after undergoing an extensive renovation that restored much of the house’s original detail while updating its systems. There was an open house for the downstairs apartment on Sunday. Asking price: $425,000. A second unit will be ready for viewing in time for the two open houses this weekend. Anyone check it out yet?
145 Halsey Street [NY Times] GMAP P*Shark
Cute little house in a poor black neighborhood. Not marginal but rather well off the margin in most people’s opinion. Cutting up into little apartments was probably best way of exploiting the floor area in this neighborhood. However based on photos of the stair, it is probably illegal so the whole thing is really not worth shit.
the WHAT = allen m. one day we will out him. stay tuned.
Sorry recent homebuyers/refinancers. There’s a lot of truth to what ‘The What’ is saying. Think about it. There was no Tech bubble. Then there was no housing bubble. Then there was supposed to be a soft landing. Now there’s no recession. Recognize the pattern? It doesn’t take some detailed, backed up, complex economic analysis. It takes history and common sense.
Amy – good luck. You appear to have done a fabulous job with your development. It’s not impossible for you to make out alright but the odds ARE against you. But you have no choice but to give it a shot. Worst case, you cut a loss. Better case, you become a long term landlord and unload before the next bust. Best case, you suprise the hell out of us. May God bless you.
“The What is easy to pick on–he’s an easy target, so of course all you elitist pansy snobs go after him. But the essence of his message is 100% correct. The signs are everywhere. And even the brokers themselves (four actually, in the last month alone) have told me that 2008 will be pretty bad.”
6:36 I agree 2008 will be pretty bad – for owners who need to sell at least. For owners who don’t, and I’m one of them, this is just a parlor game. Personally, I think The What is right and the insane run-up in prices over the past few years is gone for a while. But I resent being addressed as a fucktard or an asshat (whatever those are) and the implication that only The What knows what’s really going on out there. Please.
Velveeta and Schlitz, mmm-mmm.
Hey Late night asshumpers! The Asian markets are down 290 point as of 9:50 Tokyo time 8:00 PM New York time. The Asians (remember them) they are bankrolling your asset bubble. When they see America is fucked, GAME OVER. There will be no one to buy Mortgage backed paper plus our debt. Merry Fucking X-Mas.
The What
Someday this war is gonna end….
Wow, Rehab, you’re a real cheese expert. I’m taking note for my trip to Zabar’s tomorrow.
wow, I bet brownstoner and his wife are sitting back in their renovated brownstone with their kids reading this like – I can’t believe we make a living off this, I can’t believe our lives are supported by initiating arguements about bullshit that doesn’t even really matter in cyber space. fascinating.
Jarlsberg is okay, but pyrenees brebis or prince de clavarolle are better. Try Murray’s cheese, or Artisanal.
Oh, and as long as you have savings, can comfortably make your payments, and intend to live in your house for a few years, you’re going to be fine. Corrections, like bubbles, come and go.
Have a nice burgundy with that cheese, or perhaps a big, jammy Rhone.