Open House Picks
Carroll Gardens 419 Union Street Corcoran Sunday 1-2:30 $2,550,000 GMAP P*Shark Park Slope 318 First Street NYT Sunday 12-3 $2,250,000 GMAP P*Shark Clinton Hill 439 Waverly Avenue Corcoran Sunday 12-1 $1,299,000 GMAP P*Shark Crown Heights 1139 Dean Street Mark David Sunday 11-4 $750,000 GMAP P*Shark

Carroll Gardens
419 Union Street
Corcoran
Sunday 1-2:30
$2,550,000
GMAP P*Shark
Park Slope
318 First Street
NYT
Sunday 12-3
$2,250,000
GMAP P*Shark
Clinton Hill
439 Waverly Avenue
Corcoran
Sunday 12-1
$1,299,000
GMAP P*Shark
Crown Heights
1139 Dean Street
Mark David
Sunday 11-4
$750,000
GMAP P*Shark
1st st. will probably move. maybe slightly below ask in this “more normal” market. but that is a very nice block and the interior is tasteful. the house on the corner of 1st and 6th is the real gem.
That Union Street house looks gorgeous. Given that the new owner wouldn’t have to do a thing, and it is located near tons of amenities, it seems priced fairly to me. I bet they’ll get near ask. It’s zoned for PS 32, but the family that can afford $2.5 million can afford private school. It’s not walking distance to anything except Hanna Senesh, but it’s likely they’ll have a car, too.
3:32…i’m not sure I fall into the category of high-priced payors either….under a million but more than that Crown Heights place. I would say that to be called a high priced payor in Brooklyn you have to be well above $2.5 MM
“The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
‘A very nasty period is soon to be upon us – be prepared,’ said Bob Janjuah, the bank’s credit strategist.”
The DOW is toast
http://depression2.tv/d2/node/134
3:32…I bought because i got tired of living in a Manhattan condo and wanted a brownstone with a yard. It was easy to sell the condo and buy over there with lots to spare. Didn’t really care whether or not I was paying top tick; in fact I was looking to buy the most detailed interior architecture i could find. So far, I haven’t paid top tick, others have. That said, I think prices have peaked out there and will probably come down somewhat. Let’s watch and see if that Monday HOTD on Putnam sells.
I’m there for 5-10 years.
Middle class in NYC is different than middle class elsewhere in country. That said, I know plenty of people who are middle class in PS. Granted, if they own (there are plenty of renters) they probably got in RE game earlier on, before huge price run up, and then traded up. I know – I’m one of them. We’re now planning to trade up from apt to house but it is hard – but the only way it’s even remotely possible is because we bought before. I have no clue how people start out today – it seems really unsustainable. But it’s hopeful that market is no longer going up and even weakening, since it will allow some diversity to remain in this great hood. It would kill the neighborhood if it becomes like UES.
3:26 bitter? No, more resentful. Why should the people who destroyed our economy be rewarded so generously that they can also buy up our neighborhood?
Top 1% of income isn’t middle class.