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The Wall Street Journal brings word that the last six penthouses at One Hanson Place are set to be auctioned off next month. Maria L. Stamolis, a managing director at Canyon-Johnson Urban Funds, which developed the condo along with the Dermot Co., says the firm is ready to move on to other projects, and there’s “no reason not to find market-clearing prices and sell these apartments.” Details on the units hitting the block: Five take up full floors, while the sixth is a duplex; the auction company is saying that at least two of them won’t require minimum bids. The story also notes that a few years ago, prices on them were initially set between $3.7 million and nearly $5.8 million but, for example, a four-bedroom with a 2,900-square-foot terrace was last listed for $3.45 million.
Brooklyn Penthouse Units Slated for Auction [WSJ]


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  1. Penthouse inflation; there used to be one, now there are floors of penthouses in new condos. A friend lives in a new construction condo, you can see in the elevator: L-2-3-4-5-6-PH1-PH2-PH3-PH4. He lives in a “penthouse” apartment, no outdoor space. It’s silly.

  2. On the top surface of the ‘parapet’ of the terrace under the clock were pointers to Revolutionary War locations that i saw when i was last there in 1985. Wonder if still there? MM?

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