433-Warren-Street-Brooklyn-0308.jpg
The 14-unit, Scarano-designed development at 433 Warren Street in Boerum Hill has been on the market since October but thus far just one apartment is in contract and another three have just received price cuts. (This penthouse with mezzanine, for example, was just reduced from $465,000 to $397,000; this two-bedroom on the third floor went from $649,000 to $598,000.) Think this will have the desired effect?
433 Warren Street Listings [Douglas Elliman] GMAP DOB
Condos of the Day: 433 Warren Street [Brownstoner]
Development Watch: 431 Warren Street [Brownstoner]


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  1. A year later and more than half are still not sold. I would think the developer would include a few more amenities (like maybe washer/dryer) to make up for the not-so-quickly “upcoming neighborhood” aesthetics at that pice.

  2. Dear “Yuppie”:

    I HATE that racist bigots like you still troll around this city, let alone my neighborhood. You would think that with your supposed socio-economic affluence, you could buy yourself some education and class. In my opinion, offensively ignorant people with money and an undeserved sense of entitlement like yours are equally destructive to the city.

  3. To the writer of:

    “right on, 9:35, I agree with everything you said. I live across from one of the Boerum Hill projects and have never seen, heard or felt anything close to danger. Attribute the “sissy” factor to uptight yuppies scared of a concentrated mass of black folks. But that’s fine, let them pay three times as much for half the space in Park Slope, God bless.”

    You are obviously black and probably live in the projects or making under $20K yearly working as a “sales manager” in Sports Authority. Keep in mind it’s the same uptight yuppies that pay your taxes fool. And yeah, you are damn right to be scared in a concentrated mass of black folks in the projects – last time I looked the majority of crimes in New York were committed by blacks. Get the facts!

    Yuppie

  4. Anyone who purchases at 433 Warren is an idiot. They will never recoup their investment – even at a forty percent reduction. The builder is mysteriously holding off selling parking spots. Ghee – I wonder why. The one unit that is in supposed “contract” is probably the builder himself or a close relative. This is a sales tactic often used to get others to buy. 433 Warren will end up being low-cost rentals – probably to local transient ghetto scum in the vicinity who will move their whole family into a one bedroom apartment.
    Pat

  5. 9:23, your history needs some correcting. PJs were NOT built to warehouse the poor, they were built to give the working poor a better life. They were the result of ‘slum clearance’ where old housing stock was knocked down (for better or worse) and replaced with new, clean, well maintained buildings. The well maintained and well managed hasn’t worked out everywhere, but it has in NYC.

    PJs were built with parking lots, for chrissakes, it was a way to let the working poor it was still possible to keep a piece of the American dream.

    Not everything worked out the way it was planned but there are still an awful lot of people living in the PJs that work for a living and are decent people.

  6. right on, 9:35, I agree with everything you said. I live across from one of the Boerum Hill projects and have never seen, heard or felt anything close to danger. Attribute the “sissy” factor to uptight yuppies scared of a concentrated mass of black folks. But that’s fine, let them pay three times as much for half the space in Park Slope, God bless.

  7. Huh, I’ve walked through the Red Hook projects at 1 AM, jog past em a few times a week (after dark), and have never felt even slightly threatened or uncomfortable. White laydee that i am….

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