Gravesend Sales Price Falls Just Short of Brooklyn Record
Anyone who read the recent Times Magazine article about the incredibly close-knit and financially successful community of Syrian Jews in Gravesend may not be all that surprised to learn that one of its business leaders just sold his 7,526-square-foot house for $10 million. The seller was Joseph Cayre, founder of Midtown Equities and a former…
Anyone who read the recent Times Magazine article about the incredibly close-knit and financially successful community of Syrian Jews in Gravesend may not be all that surprised to learn that one of its business leaders just sold his 7,526-square-foot house for $10 million. The seller was Joseph Cayre, founder of Midtown Equities and a former Latin music producer; the buyer was an LLC. While the $10 million number falls short of the $10.75 million paid for 140 Columbia Heights, it continues a trend of sky-high prices in the South Brooklyn neighborhood: Five out of the nine highest sales prices ever recorded in Brooklyn have been in Gravesend.
Developer sells Brooklyn home for $10M [The Real Deal] GMAP P*Shark
Photo by Nicholas Strini for PropertyShark
love this site – keep it up b ~~
this home is in madison I’m shocked some respected names got it wrong. It is not even close to gravesend shees.
for the record there are various SY areas in brooklyn the most well know is OP and Ave S area. But other area are in Madison and Midwood. I believe this home is actually in Midwood between ave m-n or n-o. SOmeone asked where the 7000sf is. If I recall that may be one of the home that actually goes until E.24. Yup you read that right!
oh and i agree the syrian women are cool. so are the italian women. interestingly most are friends but they know there boundaries. overall they do get along with everyone just a tough bunch coming back from looonmg ago tough living in aleppo deep in syria.
Unbenounced to most of the people from brownstone brooklyn, there have been tear downs in many parts of brooklyn, queens, staten island and I’m sure in the bronx over the last several years. Brooklyn has many desirable areas that people want to live in. They may not be desirous to you, most of whom are from out of NY and would have no clue of anything other than your beloved brownstone brooklyn, but they are desirable to many people. I’m sure i’ll get many negative comments to this, but i’m sure the cities you came from looked nothing like brownstone brooklyn. Why don’t you travel and explore a little. And to all the racists out there, why can’t people decide to live in an area with similar people. Don’t all you yuppies and trendy types decide to live in manhattan and brownstone brooklyn. If you don’t want to live in other areas, there is no reason to critcize others. On another note, you wouldn’t live with the minorities if it wasn’t in a brownstone area (ie bed-stuy, ft greene,crown heights) and if there weren’t any historical type of buildings or close to manhattan, I doubt any of you would be moving to those minority neighborhoods. If any of you would like to move there, i’ll give you a couple of neighborhoods and prove me wrong.
Posted by: guest at October 20, 2007 3:31 AM
Who in their right mind is up at 3:30 am on a this site, probably someone calling folks minorities.
Unbenounced to most of the people from brownstone brooklyn, there have been tear downs in many parts of brooklyn, queens, staten island and I’m sure in the bronx over the last several years. Brooklyn has many desirable areas that people want to live in. They may not be desirous to you, most of whom are from out of NY and would have no clue of anything other than your beloved brownstone brooklyn, but they are desirable to many people. I’m sure i’ll get many negative comments to this, but i’m sure the cities you came from looked nothing like brownstone brooklyn. Why don’t you travel and explore a little. And to all the racists out there, why can’t people decide to live in an area with similar people. Don’t all you yuppies and trendy types decide to live in manhattan and brownstone brooklyn. If you don’t want to live in other areas, there is no reason to critcize others. On another note, you wouldn’t live with the minorities if it wasn’t in a brownstone area (ie bed-stuy, ft greene,crown heights) and if there weren’t any historical type of buildings or close to manhattan, I doubt any of you would be moving to those minority neighborhoods. If any of you would like to move there, i’ll give you a couple of neighborhoods and prove me wrong.
Posted by: guest at October 20, 2007 3:31 AM
Who in their right mind is up at 3:30 am on a this site, probably someone calling folks minorities.
Most people who would choose to live in a Brownstone neighborhood, regardless of its proximity to Manhattan would not be racist in my book. Especially considering that all of the Brownstone neighborhoods in Brooklyn were at one time predominantly non-White. Most of them still are. I and many of my neighbors are bi/tri-racial/ethnic or are in multi-ethnic relationships. Any community no matter how small, who aspires to create a pure race through selective marriage and who would turn their backs on family members who do not follow an edict dictating such, is clearly racist. I understand that this is certainly not reflective of the entire Orthodox Jewish community because I have an African-American cousin who is a Lubavitcher and actually married a Lubavitcher of European descent. The SY’s are even forbidden to marry J-Dub’s. So 3:31 please don’t try to justify this communities racism by attempting to point out racism elsewhere. They are wrong. Racism is wrong.
Since most people I know (including me) are in so-called mixed race marriages, and since a least a few people who post here are (gasp) not of European descent, I always wonder at those who say “you woldn’t live with those coloreds unless you had to.” We are those people, Mister/Missus 3:31, and we reserve the right to criticize thoe who teach their children that some of us aren’t worthy to be invited home to meet mommy and daddy. No cultral relativism from me on the essential worth and humanity of all people.
10/20 3:31AM,
You proved yourself wrong with benounced. The old English term is “beknownst.” You are also wrong about Yuppies not willing to live among others in Brownstones. Even if it were true, it would be due to individual choice. Not because the Grand Yuppa of all the yuppies sent out an edict not to marry outside of the Yuppie community for fear of diluting the Yuppie race.
Unbenounced to most of the people from brownstone brooklyn, there have been tear downs in many parts of brooklyn, queens, staten island and I’m sure in the bronx over the last several years. Brooklyn has many desirable areas that people want to live in. They may not be desirous to you, most of whom are from out of NY and would have no clue of anything other than your beloved brownstone brooklyn, but they are desirable to many people. I’m sure i’ll get many negative comments to this, but i’m sure the cities you came from looked nothing like brownstone brooklyn. Why don’t you travel and explore a little. And to all the racists out there, why can’t people decide to live in an area with similar people. Don’t all you yuppies and trendy types decide to live in manhattan and brownstone brooklyn. If you don’t want to live in other areas, there is no reason to critcize others. On another note, you wouldn’t live with the minorities if it wasn’t in a brownstone area (ie bed-stuy, ft greene,crown heights) and if there weren’t any historical type of buildings or close to manhattan, I doubt any of you would be moving to those minority neighborhoods. If any of you would like to move there, i’ll give you a couple of neighborhoods and prove me wrong.
Now we know why Cayre sold the home in Madison, construction of the 8,200 sq. ft. replacement home must be complete.
From the 2006 NYT article-
“Two doors down, at the corner of Avenue S and East Third Street, is a property owned by Joe Cayre, a former record company executive who was among the group of investors led by Larry A. Silverstein that leased the World Trade Center in July 2001.
City records show that Mr. Cayre paid $4.5 million for a 4,300-square-foot house on the lot in 2004. But he tore it down and according to plans on file with the city, is now building an 8,200-square-foot replacement.”
Here’s the 2006 NYT article about Syrian homes in Gravesend
http://www.nytimes.com/2006/06/25/realestate/25cov.html?n=Top/Reference/Times%20Topics/Subjects/J/Jews%20and%20Judaism