House of the Day: 170 South Oxford Street
This house at 170 South Oxford Street in Fort Greene is a cutie, all the more charming for its unusual large front yard. The 4,000-square-foot brick house, which is asking $1,675,000, appears to be in excellent shape too. Probably its biggest drawback is its location. While quite convenient, these blocks between Fulton and Atlantic generally…
This house at 170 South Oxford Street in Fort Greene is a cutie, all the more charming for its unusual large front yard. The 4,000-square-foot brick house, which is asking $1,675,000, appears to be in excellent shape too. Probably its biggest drawback is its location. While quite convenient, these blocks between Fulton and Atlantic generally don’t command the same prices as those to the north. This place in particular has an uphill battle given its proximity to the Ratner-developed newish townhouses.
170 South Oxford Street [Corcoran] GMAP P*Shark
“It’s clear that you didn’t understand one bit of what I wrote to Pierre.”
It’s clear that you didn’t understand one bit of what I wrote to Dave.
The What (But.. But I can’t withdraw my money? We are down 31%?????!!)
Someday this war is gonna end..
It’s clear that you didn’t understand one bit of what I wrote to Pierre.
Whuh you are my new hero! The way you PWNED Dave is just magnificent!
“Pierre….one of the biggest reasons HFs throw in the towel is not because of huge withdrawals but also what’s called the “high water mark.” If it’s not really worth staying in business because the fund is down 30, 40, 50% and you don’t want to “work for nothing” for the next few gains to erase the losses so that you can start earning the peformance fee again. The 1.5-2.0% management fee may not pay the bills.”
RROTFFFLMMFAOTFAH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! RRRIIIIGGGGHHHHTTTTTT!!!!!!!!!!!!
Dave, If I was you (I’m glad I’m not) stop while you are behind! HF has much credibility as Uncle Ernie in a playground. Just by your denial is proof positive your HF is in deep Doo Doo!
You look everywhere and HF are getting pound and you say your HF is doing OK????!!!! That HF would be on the front page of the WSJ and you would get an interview on CNBC!
Yeah ferking right!!!
Dave+HF=Fail
The What (But.. But.. you said the returns was 34%, right???)
Someday this war is gonna end…
“People moving out of Lodi, NJ??? WOW..after Lodi, where does one go???”
Camden.
Dinner time…looking forward to my first turkey sandwich!!!
Pierre….yeah, the $1.6 MM is too high in this environment. I don’t disagree with Miss Muffett that prices will continue to come down but houses are selling here…the usual 10% off of ask woulg get this to $1.5 and that’s probably still $100-200,000 too high.
That kitchen might have some nice appliances but that open shelving looks pretty low end to me..and then there’s the baths…no pics. I’d be surprised if there were ever any comps in that immediate neighborhood that sold for over $1.0 MM
Pierre….one of the biggest reasons HFs throw in the towel is not because of huge withdrawals but also what’s called the “high water mark.” If it’s not really worth staying in business because the fund is down 30, 40, 50% and you don’t want to “work for nothing” for the next few gains to erase the losses so that you can start earning the peformance fee again. The 1.5-2.0% management fee may not pay the bills.
Other funds, including ours to a small degree, have relatively decent performance o the order of down 10-15% and still see withdrawals becasue cclients have lost so uch money elsewhere and need to turn to the only place where ther is any left.
Whuh…you have to meet certain financial standards to become a client. I doubt that you do. Sorry for the spelling error. I caught it after I posted but even I make a mistake once in awhile.
Glad to know that you think it’ll be five to eight years before it ends. Those kind of predictions are totally worthless to anyone, including yourself.
Yes DIBS there are always exceptions but we are afraid the overwhelming majority of HFs are in trouble. The operative phrase here is ” relatively sane investment” . This is very personal for us our own cousin is in the process of “throwing in the towel”. C’est dommage!