Open House Picks 6 Months Later: 9/7/2007
Well, this almost seems like a zero-for-four batch, though 750 E. 21st allegedly has a firm offer (not in contract yet). The Cobble Hill house was originally listed at $2.9 mil; we caught it six months ago when the price had been chopped to $2.65. It’s now been fully rented out and is still for…
Well, this almost seems like a zero-for-four batch, though 750 E. 21st allegedly has a firm offer (not in contract yet). The Cobble Hill house was originally listed at $2.9 mil; we caught it six months ago when the price had been chopped to $2.65. It’s now been fully rented out and is still for sale at a slightly higher ask. 119 Bainbridge switched brokerages and was the subject of much chatter when it was House of the Day a few months ago. Brooklyn Properties now has it on their site at $1 mil.
Open House Picks 9/7/07 [Brownstoner]
As long as the dollar is depressed, NY real estate will be fine. When the dollar starts strengthening – we’re gonna have real problems in our real estate market – then the fun begins!
Endless fields of tulips swaying gently in the breeze.
we have no underlying mortgage.
thanks for the concern.
1:23 posted in response to 1:18
“i do own property. a co-op.”
A co-ooperative apartment isn’t real property but shares in a corporation. If I’m not mistaken, you filed a UCC-1 and pay a maintenance based on SHARES OWNED. Also, FWIW, if your building’s underlying mortgage tanks you will be in a bigger financial hole than someone who owns a house – real property.
Sandy
Impressive, Rehab. You are a mighty player.
REBY stats show uptick in house prices in 2007. Sounds like a soft landing in NYC to me on the housing front. sorry prophets of doom and gloom, no misery for you to gloat upon. boo hoo.
Bed-Stuy seems to be in a standoff between sellers that won’t give the brownstones away and buyers desperately waiting for that crash. Time will tell.
5:48 – Stuy Heights is part of Bed-Stuy, you asshat.
Interesting that the tWhat did not post on the story related to actual sales. I guess the sky isn’t falling there but it is here.
The tWhat is a renter.
market is only gonna level off nothing more. Floks this is NYC the center of the univerese there is no place better. The cobble hill house looks like a steal.