House of the Day: 274 Lafayette Avenue
This may be a first: Creating a name for the purpose of marketing a one-family brownstone! In this case, the four-story brownstone at 274 Lafayette Avenue has been christened “Indulge” for the express purpose of selling the house for a cool $2,325,000. The house, which was purchased in 2004 for $998,000, has undergone an extensive—and…
This may be a first: Creating a name for the purpose of marketing a one-family brownstone! In this case, the four-story brownstone at 274 Lafayette Avenue has been christened “Indulge” for the express purpose of selling the house for a cool $2,325,000. The house, which was purchased in 2004 for $998,000, has undergone an extensive—and quite attractive—renovation in the meantime. It’s also got some direct competition up the road at 298 Lafayette Avenue where another recently renovated four-story brownstone is on the market for $1,995,000.
274 Lafayette Avenue [Corcoran] GMAP P*Shark
I hope Brownstoner will post this..
As per Bloomberg…
Fannie Mae, Freddie Losses Make Them `Insolvent,’ Poole Says
http://www.bloomberg.com/apps/news?pid=20601087&sid=as4DEc5UFopA&refer=home
“Fannie Mae paid a record yield relative to Treasuries on the sale of $3 billion in two-year notes yesterday amid concern the biggest provider of financing for U.S. home loans won’t have enough capital to weather the worst housing slump since the Great Depression.”
And you want to buy a house?
Game, Set and Match..
The What (Now I’m scared)
Someday this war is gonna end…
I think daveinbedstuy is single
“I have to put an end to the Whats assinine comments here that are just so far from the facts. He really does not know what he’s talking about…quoting headlines and making the rest up.”
Hiya Dave, you just got POWNED!
Be careful it’s a PDF file!
See Dave I been spot on for a long time. You see This Ghetto Punk Assed Bitch can run circles around you ass
http://www.fanniemae.com/ir/pdf/resources/preferred/PreferredStockSeries2008_1.pdf;jsessionid=LXTCWH1XO3BBTJ2FECISFGI
8.75% Non-Cumulative Mandatory Convertible Preferred Stock, Series 2008-1
This Offering Circular relates to the offer of 45,000,000 shares of 8.75% Non-Cumulative Preferred Stock,
Series 2008-1 (the “Preferred Stockâ€) of the Federal National Mortgage Association (“Fannie Maeâ€) (or
51,750,000 shares of Preferred Stock if the Underwriters exercise their option to purchase additional shares in
full)
You the Big problem with Fannie and Freddie stock price going down it will cost them more to offer Preferred Stock! That will send interest rates up.
Please take the time to read this stuff because it’s you taxpayer dollars backing it up.
Game, Set and Match…….
The What
Someday I wont have to respond to dumbassed people….
I agree with 9:16
Eh, Dave, no. But you could buy a 6 bedroom Italianate mansion in Philly walking distance to downtown for $399K. Trust me, I am thinking about it. And actually, West Philly, for all its faults, may have just as many amenities as Clinton Hill.
I truly think that daveinbedstuy is either completely demented, deluded, or in the misinformation business. The man lies with every word, including “the” and “a”.
74 bp is about 3/4 of 1% – so less than 1% of the on the run 10 year I’m guessing – no where near 9% but the spread is wider than usual. Let’s face it – if the non=subprime borrower cannot pay their mortgage because of economic downturn due to sudden job losses then FNMA cannot service their debt and cannot issue more loans to create more debt. Taxes have to rise and social programs have to be cut. Government regulators have to be more responsible and vigilant over big business- this was such a crime to allow junk to infiltrate the banking system and so short sighted to continue policy of easy money. When central bankers become celebrities, we should all start to worry….
I think half the posters on this blog are on crack, or maybe they want to sell their brooklyn property, that’s even worse. Run! Run! from anything that is posted or said on this blog. Save yourselves!!!
regarding noise on lafayette – you dont need to open your front windows when you have a WHOLE brownstone, hence it stays lovely and quiet inside, and if you want a breeze you open back windows and enjoy the garden too. and the fact that lafayette is 2 lanes doesnt make it a major highway. its just a a two lane street, lined with trees, like clinton, washington, and clermont aves are. no issue.