135 Joralemon Closes for 30% Below Original Asking Price
Last month we reported that, after languishing on the market for a year and a half, the one-family house at 135 Joralemon Street finally went into contract. A little history: After a fire and a detailed renovation, the listing started out in July 2007 at $5,950,000 before being cut to $5,750,000 then $5,250,000 and ultimately…
Last month we reported that, after languishing on the market for a year and a half, the one-family house at 135 Joralemon Street finally went into contract. A little history: After a fire and a detailed renovation, the listing started out in July 2007 at $5,950,000 before being cut to $5,750,000 then $5,250,000 and ultimately $4,950,000. Last week, the house finally closed for $4,189,000. Surprised, or does it sound about right?
“going from Team Bull to Team Bear”
Going from Team Twink to Team Bear is more like it, but that’s a tale for another time and thread.
Denton- no doubt- wasn’t trying to compare values at all between nabes at all, in fact.
Should have been more clear – was just trying to point out to people who like these kinds of frames another place where they can find a lot of them. (And hoping they’d move to our neighborhood and save a few like you and I are doing.)
Ooooh, Snark.
Bear or a Bull, you’ll always be dear to my heart!
[swooning]
Snark, come to think of it, Miss Muffett has also been mentioned in a few or our songs and poems. Of course none were as creative as Brownstonian Rhapsody. Actually, I was going to say you’re now playing for the other team, but didn’t want to risk disappointing all of your female admirers here when they realized I was talking about going from Team Bull to Team Bear.
“You’re now playing with Miss Muffett’s line”
Is she claiming me since I name-checked her in my magnum opus, Brownstonian Rhapsody?
“They just plucked a number out of the sky at first, and missed badly at the top of the market. Of course they had to come down”
I love this line!!
Dummies Guide to Being a NYC Real Estate Broker
1. Naïve house seller hires you as broker.
2. Take crappy photos and don’t get a floor plan.
3. Pluck a number out of the sky. Make sure there are no comps.
4. Make sure the ‘plucked’ number is at the top of the market.
5. Hold open house with wine and cheese.
6. Wait
7. Wait
8. Wait
9. Lower Price by $1000
10. Wait
11. Wait
12. Wait
13. Lower Price by another $1000
14. Wait
15. Let a year go by before making drastic price cuts.
16. Have another open house, cheaper wine, swiss cheese.
17. Make more drastic price cuts, so seller looks desperate.
18. Wait
19. Wait
20. Accept lowest offer
21. Close and get undeserved commission.
SnarkSlope, you’ve officially switched teams. You’re now playing with Miss Muffett’s line (see the Last Week’s Biggest Sales, where your name’s being used in vain).
Dibs when you “Pwn” someone, like you. You use facts not make believe stuff.
The What BAK
Someday this war is gonna end..
PropertyShark says:
Deed Transfer recorded
$2,094,500
Dec. 15, 2008
Buyer: Hartzler, As Trustee, Joshua W And Haber, As Trustee, Gary And The Silver Bubble Trust U/A/D December 15, 2008
So what’s the story here? It sold for less than the $2,400,000 it last sold for in 2006?