houseFort Greene
62 St. Felix Street
Douglas Elliman
Sunday 2:30-4
$1,495,000
GMAP P*Shark

houseClinton Hill
239 St. James Place
Brooklyn Properties
Sunday 2-4
$1,295,000
GMAP P*Shark

houseDyker Heights
1210 Bay Ridge Parkway
Century 21
Sunday 12-3
$949,000
GMAP P*Shark

houseProspect Lefferts Gardens
102 Rutland Road
Century 21
Sunday 12-1:30
$895,000
GMAP P*Shark

Slim pickings this week! Guess there’s still a holiday lag in effect.


What's Your Take? Leave a Comment

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  1. The cover article in sunday’s real estate section on the boom in penthoses disscusses the impact off bonuses. They are already being spent, so don’t count on them to impact our market.

  2. Wall street bonuses refers to the seven digit kind, not the 5 digit kind. No one cares if you get a 50,000 bonus, that isn’t going to affect things one way or the other. Fact is, lots and lots of 7 digits being paid this year. Real estate bears take note.

  3. to 6:16 – how do you explain the fact that real estate prices didn’t fall sharply in late 2001-2002 when the market dropped dramatically and financial firms and lots of ancillary businesses in NYC were very hard hit. I was personally laid of twice between 9/11 and the summer of 2002.

  4. Just looked at the Elliman house reference above (probably by the self-promoting listing agent) and it does look nice. But the sq. footage number doesn’t seem right to me at all. I think he must be including the basement where the mechanicals are. Even if they’ve finished off their basement I don’t think that should count towards sq. footage really. Or if it does certainly the mechanicals room shouldn’t count.

  5. to 5:40 PM,

    Loss of savings had little to do with the post 87 real estate correction. The market made back the loss within a few years. Wall St. did cut employment afterwards though and that does impact real estate. Financial services has been hiring like crazy the past few years and paying those they hire well.

    That said, I agree with the earlier poster who is looking for post from people who actually attend some of these open houses.

  6. 4:41, the general health of the market impacts the real estate market. If stocks fall, people can’t sell them to buy real estate. The ’87 crash was a major cause of the real estate crash becuase it evisceratted everyone’s savings, and because when wall sreet contracts it impacts many other businesses, so loads of people were fired and or paid less. That is very different from saying that annual bonuses go into real estate.

    As for these houses, none are appealing and there just isn’t much to say about them other than “no thanks.”

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