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
3:26 = bitter, very, very bitter
Mostly the people who own multi-million dollar homes got rich because after they bought the crime rate dropped, the Wall St elite increased its pay by a factor of 20, and mortgage banks decided to lend to everyone. It wasn’t smarts but luck.
Very few people have paid anything like current market prices. Even fewer bought because they saw the bubble coming.
To be sure, Daveinbedstuy and some of the other high price payers were willing or able to buy because they rode the bubble up and concluded it was going to continue — but that shows luck, an ability to extrapolate trends that often gets people in trouble and maybe some blind faith in miracles, not smarts.
One doesn’t have a middle class lifestyle in an upper class neighborhood. Unless you’ve got a rent stabilized apartment or bought a long time ago.
I think the rich buyers are getting smarter and realizing that things are overpriced and are balking at unrealistic asks. Trend will only continue as smart money waits things out – that said, they will jump on something reasonably priced – what I don’t get is why owners are so scared of selling in this market since owners can still make SO much more than what they paid!!
The richer buyers ARE stupid. Otherwise they wouldn’t be willing to pay these prices.
Or else they are so rich that money is meaningless to them, in which case WE are stupid for not taxing it away from them and giving it to someone who’d appreciate it. (other than the last generation of brownstone owners)
Nothing that interesting, 3:11, Wall St related but secure job with a salary in the top 5% here and 1% anywhere else, and that isn’t nearly enough for a middle class lifestyle in this neighborhood.
I know Union St. house, been there, however not friends with owner. It is a very nice house, really beautiful. Lots of space too. I think price is ok.
“They don’t get rich be being stupid, by and large.”
Yet the the rich sellers appear to assume the richer buyers are stupid.
PS is a skinny 2000 s.ft 2 br house far from transit, below 6th Ave. No way it’s worth more than $1.5.
Do the brokers think buyers are going to confuse this with a 4800 sq ft on Garfield and the Park?