Last Week's Biggest Sales

re: st. marks house, and Petebklyn’s comment that “It seems a dark and dreary block but may have picked up in recent years.”

I’ve lived on this block since 92. I guess the enormous trees (planted in 91) cast shadows, but otherwise I can’t think what’s dark and dreary about the block, unless Pete is using dark and dreary as a euphemism for something, I’m not sure what. In any case, the block has had a strong sense of community for as long as I’ve been here. It’s a block where on a snowy morning, two or three good samaritans shovel the whole sidewalk, 3rd to 4th avenue, where block parties are community affairs, with rides for kids, as well as drinks for adults, where the whole neighborhood got together to get rid of drug dealers a few years back.

The house mentioned is a wreck, and so it’s actually a surprisingly high price, considering it’ll need a gut renovation to make it livable. I hope the people purchasing plan to live there, and that it’s not a reno and flip investment.

Bulls win. You had the entire US government on your side, something DIBS still doesn’t quite understand. But to understand it he’d have to ditch his warmed over CNBC libertarianism, and that’s never happening.

Coupla comments: The bank bonuses are moving through the system, the Feds are backing mortgages, manipulating rates, and trying to work an orderly unwind, maybe even a long term dollar depreciation. Of course high end non-tradables are holding up (though not keeping pace with gold).

Let’s be clear what you stakeholders are rooting for: massive government intervention in markets, mis-managed financial firms operating with implicit gov backstops, and the further gutting of the Brooklyn middle class. You’re the very same ninnies who will come on a different thread and complain about the strollers and the 4 dollar coffee at Stumptown.

Finally, most of the federal interventions in the housing market are being phased out over the next six months. You unequivocally won the near term argument. But we’ll see; even DIBS knows that the past is no guarantee of future performance. Best of luck.

I walked by the Joralemon place and I made an appointment with the realtor to see it, but she called me the day before and cancelled because they already had an offer and sub-offer.

I’m not sure if I’m just crying sour grapes, but the sound of the BQE was LOUD and would have, after a while, driven me nuts. Think of it… every time you open a window you hear traffic zooming by like a swarm of bees. Every time you exit your home you hear traffic zooming by like a swarm of bees. Every time you sit in your backyard you hear traffic zooming by like a swarm of bees. How long until you go nuts? How many bees can one man take?

But the daily walk to the subway would be beautiful.

Miss Muffett delivers long distance!!!
… and with a stinging blow!

Interesting link, MM.

Thanks Pigeon. I think Buffett was onto something when he said just recently, “I’d rather be in the West than the East.”