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This new listing at 47 Plaza Street West isn’t quite as huge or swanky as its 11th-floor neighbor (which appears to have sold very recently) but the two-bedroom, two-bath co-op is impressive nonetheless. The apartment has all the prewar touches that you’d expect from a Candela building. Probably the only nit we can come up with is that the second bedroom is on the small side (though you could close off the dining room and solve that problem). At $1,768, the maintenance isn’t low, but then again it’s a full-service building. The asking price is an even $1,000,000. Think it’ll fly? (Note: We’re removing the Pricing Widget until we can get a more sophisticated version built with predictive measures other than the average price, which 99 out of a 100 times dramatically understates the ultimate sales price.)
47 Plaza Street West [Corcoran] GMAP P*Shark


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  1. benson,

    Not true. When I was growing up, areas like Carroll Gardens and Cobble Hill were not considered desirable (at that time, the whole area was just called South Brooklyn).

    That is interesting, explains why all of my “summer” friends in the lake community I grew up in NJ came from bensonhurst or bayridge. Ran into a couple this weekend.

  2. That’s exactly how I see homes, Snappy. I prefer to use the stock market for making big bucks. I just want a space that won’t break the bank and will provide me some comfort. The only thing I see a home as money wise is a “forced savings” where I’ll likely get back what I put in, but don’t count on making profit.

  3. Snappy, I never argue the point of if sustainable, correct price, impact, etc. all I argue is these richie rich folks have the $$$, different mindset, willing to pay the price and viola hence why we SEEING these big prices. I doubt they give an F who is getting prices out of the building, hoods, etc. at the time of the purchase. Nor should that responsible rest on them. they simply decide if they want it and willing to pay for it. Now, if we pivot this back to our fav rat Ratner using ED, gov subsidies, etc to clear out folks,… that’s a different and more relevant target to focus on.

    if people want a command and control econ where gov sets the “right” housing prices, go vote in a communist majority. if not, let market do it’s thing cause if this turns out to be a massive bubble, it’ll crap out big time.

  4. Biff, I dunno about middle class in Canada but when I was in Montreal a couple of weeks ago, I saw more high end cars (Maseratis, Lambo, Ferraris, etc.) on the street then I have ever seen on Park Avenue or Beverly Hills.

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