House of the Day: 560 Putnam Avenue
Based upon the exterior of the house and the lovely block it’s on, 560 Putnam Avenue in Bedford Stuyvesant looks like an interesting buy at the asking price of $650,000. The three-story, two-family house hasn’t changed hands in a long, long time nor has it had any renovations that would merit a filing with DOB….

Based upon the exterior of the house and the lovely block it’s on, 560 Putnam Avenue in Bedford Stuyvesant looks like an interesting buy at the asking price of $650,000. The three-story, two-family house hasn’t changed hands in a long, long time nor has it had any renovations that would merit a filing with DOB. Both of these factors help explain the low annual taxes of $839. They also suggest that whoever buys the house will probably have some work to do. That’s fine given the price. The big question is whether this is a time capsule with original details or something that been destroyed over time. Anyone know?
560 Putnam Avenue [Irongate Properties] GMAP P*Shark
Not buyin it, I am not buying you; but what do you say now that 457 Greene sold for 1.08million and they sold a house on Stuyvesant for 1.2 million. You remind me of my friends mother who came to an estate sale and saw a house sell for over 800k and she said after, that she wouldn’t pay 400k for the house, to which I responded “I would, and then I would sell it to him” motioning to the guy who just purchased the house – or maybe the other people who all bid over 700k. Clearly my friends mother was challenged.
<60k. My mothers friends thought she was insane to leave her nice house out on the island and purchase her first of many houses in Bed Stuy in 1984. She was luckily not the only family member crazy enough to invest in the greater Bed Stuy area including CH and FG. Be careful who you listen to because they may or may not be right. Bed Stuy for 650k sounds like a steal even.
<60k. My point is that Bed Stuy has every indication that values will go the way of PS, FG and CH and comfort will be far better because it is far enough away from Atlantic Yards to avoid the traffic and near enough to catch the game and be home in 5-7 minutes.
The blackout of 1977 had one fatality in the city and that was in Fort Greene, thirty years later this is ancient history but fortunate for some of us our families didn’t listen to people telling them not to purchase brownstones in Bed Stuy for 60k or Cambridge and Gates for <60k in the early eighties. My point is that the price will go up and Bed Stuy is prime and will be more attractive in two years because it is near enough and yet far enough from all that it needs to be to be the best value on the market.
I remember when that 1.5m property on Clinton would have been considered Bed Stuy.
I am aware of quite a few long time residents of Bed Stuy with properties in Fort Greene, Park Slope, Clinton Hill, parts of Florida and Maryland and Grenada and Jamaica. They live in Bed Stuy with saunas in their cellars and children graduated from universities all over this country. I sold a house of mine in Clinton Hill last year and I still live in Bed Stuy. The price of the house on Putnam sounds like a deal to me and I have one for sale on Gates between Bedford and Nostrand; around the corner from the Y where those 29 condos will soon be standing. I am aware of racism and it is the greatest indication of the stupidity of the individual who has those feelings. African Americans don’t make an area bad or good racists do.
Well, this was interesting. Seems to me the argument is really more about code words and phrases than anything else. As a White once married to an African-American, I was in the odd position of being included in the white “code words” club, by those who figured the fact that I shared their skin color meant I shared their prejudice. Suffice it to say all groups have their code words, and insiders in each group know what they are.
the fact that someone (anon 1:35, tues)used and then re-emphasized the fact that Bed-Stuy is a mainly African-American neighborhood on the surface is a reflection of reality- but re-iterating it and the way they said it, anyone from any culture got the idea loud and clear. It really is the truth- it’s not what you say, it’s how you say it.
I think rouser and Brower Park , as well as several others got it. The implication is that an African-American neighborhood is just not as good as White one. For all of those who like to quote stats and numbers to “show” that Blacks or Hispanics are somehow less worthy people, yes- you are prejudiced. ANd secondly- you need an understanding of statistics and their applicability in the real world before you make group value judgements and try to make the term “African-American” an adjective for bad.
I’ve always found it interesting that those who gasp and cringe at the mention of living in a Black or Hispanic neighborhood are those who usually have little to no contact with them. Sad for you- you miss knowing a lot of wonderful people. Sad for the rest of us- we’re embarrassed that anyone thinks you speak for the rest of us white folk.
Go into it, 10:09, because you make absolutely no sense right now, and the more you go on, the more diffused your arguments get. As I said in plain English, “the Asian-American population is no more a monolith than the African-American population, OR ANY OTHER POPULATION GROUP”. That would also include the white population.
I’m really getting tired of being lumped into your “people like you” category, especially since I have no idea what people like me are supposed to be doing or thinking. Talk about lumping folks into a monolithic group. You take “rich white snobs” totally out of context, and totally miss the point of the comment preceding it, so who is confused here?
monolithic – like “rich white snobs” you mean?
“While we are at it, the Asian-American population is no more a monolith than is the African-American population, or any other population group. But people like me tend to remember things like that.”
I think what you meant to say is people like you maintain the cognitive dissonance of “everyone is an individual” and that different cultures exist. Cultures are defined by their common elements, i.e. sameness amongst the members – if everyone was truly individual then cultures wouldn’t exist would they.
Your confusion may even extend to the idea that the white population is monolithic and non-white being layered and diverse, but perhaps I’m being too harsh.
I won’t even go into your conflation of race and culture.