housePark Slope
475 4th Street
Brooklyn Bridge Realty
Sunday 12-3
$2,990,000
GMAP P*Shark

houseCrown Heights
859 St. Marks Avenue
MMM Management
Sunday 12-1:30
$1,500,000
GMAP P*Shark

houseCrown Heights
1265 Dean Street
Corcoran
Sunday 2-3:30
$1,100,000
GMAP P*Shark

houseBedford Stuyvesant
471 Decatur Street
Location Location Location
Sunday 12-2
$895,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. Bankers don’t buy in brownstone Brooklyn, 11:59. The vast majority of homeowners and renters here work in the arts and media. According to what everyone knows and based on recent stats too. We ourselves know about 25 of the homeowners on nearby blocks in our neighborhood and not a single one works on Wall Street. They are all in design, architecture, arts or media. White and black both. Of course a bad economy will affect everybody. But if you’re saying things won’t be selling in Brooklyn because bankers can’t buy properties, sorry, that doesn’t affect Brooklyn. You’re thinking of Manhattan and Connecticut.

  2. 11:59 – Maybe you and the people know just aren’t quality enough to get aggressively recruited. I was here for 91, 98, and 02 as well, and this just isn’t that bad. I’m not old enough to have been here for 87, but my dad was in the business back then, and in his opinion that was def worse than this as well.

    I also think that anyone who works in finance and expects job security didn’t do their homework before they signed on. The hand on the shoulder can come at any time. That’s just the way it is. If you don’t like it, try civil service.

  3. “it’s just hysterical melodramatic rubbish. marginal borrowers are having trouble – people with plenty of cash and decent credit are having no problems. my partner and i work on wall street; we’re in no danger of losing our jobs, and neither are the vast majority of the people we work with. in fact, the number of calls we get from recruiters looking to fill open spots on the street has actually increased noticeably in the past 2 months. headlines are nothing more than that.”

    I have a hard time believing that you work on Wall Street and are commenting on “calls from recruiters”.

    I actually do work on Wall Street. Have since 87. I have NEVER seen it this bad. Not in 87, not in 90/91, not in 98, not in 01/02. The headlines read that the investment banks are laying off employees by the thousands. You know why the headlines say that? Because investment banks are laying off employees by the thousands.

    I’m on the phone with friends at other banks every day, and it is a bloodbath. People who survive will be paid a pittance this year, unless you are fortunate enough to work on the Anheuser Busch deal, and that may not even happen.

    “headlines are nothing more than that” Spoken like a true imbecile.

  4. “There are thousands upon thousands of one-bedroom and two-bedroom condo owners in Manhattan with serious gains that only need $300-500,000 mortgages to buy $1.0-2.0 MM brownstones.”

    Right, whizkid. And what do they have to do to realize those gains? They need to S-E-L-L.

    Inventory is already high and getting higher in Manhattan. You’re saying there will continue to be folks selling into a down market to move to Brooklyn? What that will do is simply push prices lower in Manhattan. There go all those gains.

    And as goes Manhattan…

  5. while the city did the basic work, i dont think they put in the chandeliers and marble and granite tile in the foyer. yes, they purchased it in a lottery but they added an additional 150k in additional work to the house. the couple, not the city continues to fix up the house. i.e. beautiful white fence and adding flowers and shubbery and other items inside.

  6. For what it’s worth, I bought a one-bedroom plus office in Park Slope a month ago. Mine was one of 9 offers on the apt. It was on the market less than a week when all our bids flew in.

    I don’t work on Wall Street.

    I didn’t own in Manhattan.

    And I don’t miss my tiny West Village rental one bit.

  7. Legion,
    This is 10:31
    I’ll believe in my nation when it’s able to elect itself a leader that cares and embodies the virtues this nation should have in your latest rant. Nothing to do with liberalism, but with leadership.
    “false moral highground” that spells it all out about current events and your writings. Do some self reflection.

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