Details on the Stuy Heights House Auction?
Did anyone attend the auction yesterday for the limestone house at 404 Stuyvesant Avenue? We’re dying to know what happened. Limestone Mansion [Absolute Auctions & Realty] GMAP P*Shark Paddle Time at 404 Stuyvesant Avenue [Brownstoner]
Did anyone attend the auction yesterday for the limestone house at 404 Stuyvesant Avenue? We’re dying to know what happened.
Limestone Mansion [Absolute Auctions & Realty] GMAP P*Shark
Paddle Time at 404 Stuyvesant Avenue [Brownstoner]
I was at the auction. I Spoke with the family in detail about the house. The property has been in the family for over 70 yr’s. All members have since moved out of NYC. They received an offer prior to acution for 1.4, that’s why the 1.2 bidder didnt get the house.
Do you mean the house tour on Saturday?
The Brownstoner Pump and Dump Shop
–An unhealthy obsession with historic Brooklyn brownstones and the neighborhoods and lifestyles they define.
We pump’em you dump’em….
How was the house tour?
“The Brownstoner Pump and Dump operation…”?!
I guess somebody has an axe to grind. This individual should write your press releases Mr. B.
The Brownstoner Pump and Dump operation was in full effect, touting the rumor that the seller already had an offer for $1.5MM in the bag. Even with this speculative innuendo, the auction came up short.
If I read correctly, the seller never had a $1.5MM bid. He was looking to sell at that price.
According to an earlier Brownstoner report, the seller already had an offer for $1.5 milion. For whatever reason, the seller thought they could do better at auction. WRONG!!!!! If i was the previous bidder at $1.5 million, i’d wait until the seller called me.(They will) Then knock 15% off your previous offer.
An auctioneer website says that “All auctions are presumed to be with reserve unless they are explicitly absolute or without reserve.” So I guess it was legal – just misleading.
I’m curious to see what price the house goes for, now that the owner’s basically turned down a $1.32M offer (with the premium).