House of the Day: 212 8th Avenue
Another classic Park Slope beauty, 212 8th Avenue just hit the market this week. It’s everything you would expect, from the parquet to the mahogany to the pier mirrors. It will be very interesting to see how the price tag of $2,995,000 flies in this market. It wouldn’t have cut the mustard a few months…
Another classic Park Slope beauty, 212 8th Avenue just hit the market this week. It’s everything you would expect, from the parquet to the mahogany to the pier mirrors. It will be very interesting to see how the price tag of $2,995,000 flies in this market. It wouldn’t have cut the mustard a few months ago, we suspect, but psychology is definitely a little better right now so we shall see. We bet it’ll go for more like $2,750,000 but we shall see.
212 8th Avenue [Douglas Elliman] GMAP P*Shark
“Looks like another wall street crook is getting a fat bonus this year. with money coming out of the tax payers’ pocket. ”
Yes and apparently going into the pockets of some horrible longtime PS Brownstone owner, who probably paid a few hundred thousand dollars for the place and having done nothing but sit on their ass for years is no going to walk away a millionaire.
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Good for them, but what about ordinary working families who pay taxes that get used to fund TARP? Why are they getting priced out of desirable neighborhoods by wall street crooks?
“Looks like another wall street crook is getting a fat bonus this year. with money coming out of the tax payers’ pocket. ”
Yes and apparently going into the pockets of some horrible longtime PS Brownstone owner, who probably paid a few hundred thousand dollars for the place and having done nothing but sit on their ass for years is no going to walk away a millionaire.
DIBS, GS got bailed out when the government took over AIG and assumed all their liabilities; without it, GS would have gone bankrupt because of their counter-party risk to AIG. And no, not lots of TARP money have been repaid. And yes, there will be big bonuses paid at banks that still hold TARP money; tax payers’ money.
Don’t get me wrong, this could be a stunning house, however, be prepared to spend hundreds of thousands of dollars on it. And I am not just talking about design choices and updated bathrooms, I’m talking basic maintenance type issues. At this price range I don’t expect to do basic maintenance that has been neglected for twenty years and pay top price.
dandel, lots of TARP money has been repaid. GS is less than $11 from what I said it’d go to ….$200.00. Everybody here thought I was nuts. GS bonuses will be huge. So will others.
One of my favorite lines- the sellers think the new homeowner should be allowed to make that design choice. I love it- when they are actually saying- I don’t want to pay to have it fixed, I just want you to pay me top dollar. Does it ever work?
I went inside this house a couple of weeks ago and it is a bit disappointing. The pictures certainly don’t tell the whole story. There are plenty of nice intact details but some have been removed and replaced with some odd store bought paneling. Pocket doors were removed and in general the house was not in good condition. Especially not for the asking price. The walls were in serious need of paint and spackle but the realtor told me that the owner wanted to let the buyer make those design choices for themeselves. Fixing a decomposing wall is not really a design choice. Also, if you go to see this house, be prepared to remove your shoes, the owners do not want you walking in their house with shoes.
Just to compare, this beauty just entered contract on 9/17/09.
http://www.corcoran.com/property/listing.aspx?Region=NYC&listingid=1545546
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Looks like another wall street crook is getting a fat bonus this year. with money coming out of the tax payers’ pocket.
what do readers feel is the discount required given that the crib is on an avenue vs, side street? 8th Ave pretty busy…