House of the Day: Pushing $9 Mil on Willow Street
Although we doubt there’s a single person reading this out there who can afford the $8.995 million price tag, it’s always fun to see how the other 1% is living. As we’ve discussed before, we think pricing in this range is a lot more random, given the less efficient market and the arguably different decision…
Although we doubt there’s a single person reading this out there who can afford the $8.995 million price tag, it’s always fun to see how the other 1% is living. As we’ve discussed before, we think pricing in this range is a lot more random, given the less efficient market and the arguably different decision criteria of extremely wealthy buyers. So while it’s entirely possible someone might drop this kind of dough on this place, we wouldn’t bet on it. A year ago, maybe. But maybe not. Despite the 7,200 square feet, the 25-foot width, the unbeatable location, something doesn’t feel quite right to us about this place. We suspect it’s the recent renovation that, in our opinion, did not honor the house’s history enough. What are we referring to? The tile in the entry way and bathrooms, the doors leading out the terrace, the built-ins in the upstairs bedroom. (To be fair, the kitchen looks very nice, though, and the parlor floor looks to be largely intact.) Perhaps we’re nit-picking, but at that price, we’d want things to be perfect. Then again, if you can afford that number, you can probably also afford to renovate it to your own taste. Are we just being a grump here or do others share our take? Is this price achievable in the current market environment?
71 Willow Street [Corcoran] GMAP P*Shark
Yeah… I’ll take the fireplace with the vestal virgins and that’s IT! I’m outta there.
HA…the kitchen does look like an operating room!
so, now that everyone has had their fun…the house that’s mentioned for 12M was once 16M and hasn’t moved for almost 2 years now. the house on willow was originally purchased a few years ago for 2.1M (and you should hear the story about how that happend…via one of Corcoran’s unscrupulous agents…)and immediately flipped for around 4M. They’ve been working on it for a while and now they want almost 9M…what a joke. almost as funny as how the 2.1M deal went through.
Ok, one more thing. According to the listing, the “owners are heartbroken they have to relocate before moving into their dream house.” I FEEL their pain. I really do…and that’s a great selling point too. Here’s 9 million dollars. Do you folks feel better now?
it may be overpriced, probably rediculously overpriced, but saying it “looks like crap” sounds like sour grapes. it doesn’t.
people…it’s a flipper…bought a little more than a yr ago for $4mm…that’s why it looks like crap and why they are asking so much…b/c it’s a flipper.
this is for someone who wants a manhattan-priced townhouse without the inconvenience of living in manhattan…
The kitchen looks like an operating room. What is this place trying to be? Nah, Brownstoner, you’re not nit-picking. It looks pretty charm- free from what I can see. Maybe it’s trying to be a loft. The price? Well…. the Corcoran approach is to rush in like a lion price-wise. That is a very nice area there in the North Heights, close to the Promenade and Willow Street is beautiful. Even if I won the Lottery and had the 9 million bucks, I could think of lots of other things to buy, even in the Heights. Well, off to buy a Lotto ticket…
I’m usually a defender of tonwhouse values, but this offering is riduculous. Corocan has a listing for a house on Remsen (better street) that is much nicer looking. That listing is $5.9 million.