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It’s tough out there for a house in Bed Stuy. While houses in some of the more expensive neighborhoods in the borough continue to hold their value relatively well in the face of the national housing crisis, neighborhoods like Bed Stuy, which has had its share of subprime and foreclosure problems, are having a tougher go of it. Take, for example, the case of the 456 Bainbridge Street: The three-story house still has lots of original detail in the owner’s duplex and a two-bedroom apartment on the top floor to help cover the mortgage. It’s been a long, unfruitful sales process thus far. The house hit the market last July for $695,000 and has undergone three price cuts since, culminating with that week’s that brought the asking price to $525,000. Think this will be the magic number?
456 Bainbridge Street [Douglas Elliman] GMAP P*Shark
Price Cuts at Bed Stuy Townhouses: Is This a Trend? [Brownstoner]


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  1. “Its racism directed at particular members of an ethnic group (e.g. white males 25-40 looking yuppy) as opposed to blanket racism against the ethnic group in general.”

    Thanks for the insight, 4:16. The next time the police profile a black male 18-30 who looks hip hop I’ll assure them that it’s only racism directed at their demographic, not the entire black race. That’ll put ’em at ease.

  2. the floorplan is very odd with bedrooms on the parlor floor. it is a small house, it will need a lot of work -and paint stripper. It is in a solidly african-american neighborhood so the buyer will most likely be african-american. my advise to them is that there are better houses in the area than this. This is a buyers market right now in bed-stuy.

  3. “until gay white men start moving there, bed stuy will not be on the road to gentrifying.”

    Umm, you don’t spend much time on this site do you? Putnamdenizen posts here endlessly and fits the bill.

  4. May 14, 2008
    House of the Day: 204 Clermont Avenue
    After being listed since February for $2,500,000, the three-family brick house at 204 Clermont Avenue is now on the block for $1,950,000. THIS IS NOT BEDSTUY!!! THIS IS FROM THE MORE EXPENSIVE NEIGHBORHOODS!!! CRIME??? OR THE MARKET???

  5. “Well if so, stop acting like a f-ing COON!”

    Ding ding ding! We have a winner folks, no more numbers please…

    “Sorry you grew up in the hood, sorry your life seems to suck, sorry that you wish you unhappiness on others, but chill the “f” out. You showing out like this is not helping anyone’s cause.”

    Well… why all of the Asshats are trying to move in?

    “Not sure why you pray for others to fail, but that kind of hate is some old school “crab in a barrel” self-hate that you probably blame on white people or something. You are a disgrace! I really mean it! I f-cking embarrassment!”

    Well while we are at it, lets “see” some of those things. Illegal warfare (IRAQ), Killing people (Palestine), Covert Operations (Nicaragua’s). Mutant Asset Bubble?Hype (Wall Street) and other stuff you would need a NSA clearance.

    “You are a disgrace! I really mean it! I f-cking embarrassment!”

    No Homeboy I’m the American Dream… I’m that dude…. I get under your skin like fire… Deep down Asshat you know I’m right, so right you used a racial slur.. I willing to bet you punk ass don’t use that type of “Language” around real Black Men… Heh…..

    The What (Gotcha..)

    Someday this war is gonna end….

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