Mystery Downtown Development Going Affordable
The New York Post ran a story yesterday mentioning two luxury condo buildings in talks with the city to unload their unsold units as affordable housing. One building is in Harlem and the other in Downtown Brooklyn, according to the article, but officials cannot reveal where the properties are while negotiations are still occurring. Any…
The New York Post ran a story yesterday mentioning two luxury condo buildings in talks with the city to unload their unsold units as affordable housing. One building is in Harlem and the other in Downtown Brooklyn, according to the article, but officials cannot reveal where the properties are while negotiations are still occurring. Any guesses, readers? The article says that the city is in negotiations with “banks that have foreclosed on the properties,” and that the Brooklyn development is in Downtown. The leading guesses in the Forum are Forte and be@schermerhorn (above). What do you think?
City Dealing to Make Luxe Condos Cheaper [NY Post]
I just got an automatic update from Streeteasy indicating that last night around 5pm almost all the units up for sale at the Forté were taken off the market:
http://www.streeteasy.com/nyc/building/230-ashland-place-brooklyn
There are still six units still listed as up for sale there. That could be a bug on Streeteasy. In any case, there used to be, I don’t know, like two dozen apartments listed there.
Screw turning new condos into “affordable” aka “lottery” housing for lucky bastards.
Lets the banks auction the remaining units to the highest bidder and let folks who saved up their money buy an apartment for a reasonable price.
If you actually knew what the Fed’s balance sheet looked like, BHO, you’d know why the dollar wasn’t weakening anymore.
Pull your heads out of your asses, both of you. BHO, if you had put some money in the market late last year you could buy a brownstone now for any price.
I don’t respond to What impersonators.
Posted by: daveinbedstuy at August 25, 2009 3:27 PM
ROTFLMMFAO! That takes the cake! Hey BHO You got the Lawn Chair, Beer and Ray Ban’s ready?
The What
Someday this war is gonna end…
How can you? He be spot on. As his impersonators by definition.
DIBS, the economy is going to shit and you know it. Stop misleading the people. Did you divide GDP by total debt like I asked you to? Does it not look parabolic (whoops, another What flag!)?
***Bid half off peak comps***
I don’t respond to What impersonators.
“It’s really only the lunatic fringe that believes we will have a recession/depression like the thirties.”
It was the lunatic fringe that called a housing bubble in 2005 and a stock market crash, recession and a drop in rents, last year.
“We are already headed into positive GDP numbers.”
Divide that by total US debt and get back to me.
“japan is there now.”
How can Japan do any worse than it did for the last 20 years?
***Bid half off peak comps***
“How can these prices and this location compete with what’s available on the private market?”
You, heather. And I. And we. Taxpayer subsidy. Just like TARP. Another bailout/taxpayer shaft.
***Bid half off peak comps***
i just read this thread and i dont understand why 11217 and brickoven are “fighting” about?
but whatever
fort greene is not really fringe tho unless u talking about north of the park or clinton hill (which some think is fort greene). unless u believe any area where non whites live or can be seen must be fringe, in which case brickoven is right.
it may be fringe in 2-3 yrs but not yet at least
in 2-3 yrs NYC could be fringe! i do miss the old days of 2 murders a day on average in times sq….
not