Open House Picks: Price Cut Edition
Prospect Heights 287 Park Place Corcoran Sunday 2-4 $2,195,000 $1,999,000 GMAP P*Shark Boerum Hill 150 Bond Street CBHK Sunday 12-4 $2,495,000 $2,375,000 $2,295,000 $2,195,000 $2,095,000 $1,995,000 GMAP P*Shark Windsor Terrace 247 Windsor Place Brooklyn Properties Sunday 12-2 $1,250,000 $1,150,000 GMAP P*Shark Victorian Flatbush 2117 Albemarle Terrace Brown Harris Stevens Sunday 2-4:30 $979,000 $945,000 GMAP P*Shark
Prospect Heights
287 Park Place
Corcoran
Sunday 2-4
$2,195,000 $1,999,000
GMAP P*Shark
Boerum Hill
150 Bond Street
CBHK
Sunday 12-4
$2,495,000 $2,375,000 $2,295,000 $2,195,000 $2,095,000 $1,995,000
GMAP P*Shark
Windsor Terrace
247 Windsor Place
Brooklyn Properties
Sunday 12-2
$1,250,000 $1,150,000
GMAP P*Shark
Victorian Flatbush
2117 Albemarle Terrace
Brown Harris Stevens
Sunday 2-4:30
$979,000 $945,000
GMAP P*Shark
Corcoran has a listing just around the corner from the Windsor Place house for a lot less!
Seems like a much better deal….am going to check it out next week, will report back.
http://corcoran.com/property/listing.aspx?Region=NYC&ListingID=1407110&ohDat=10/12/2008%2012:00:00%20AM;
I grow my own tomatoes sam. I’ve got onions that I can lay up in the basement for the winter. If things get really, really bad we can eat tree bark like they do in North korea.
I saw 287 Park Pl. It shows really beautifully, but it is for the true brownstone traditionalist. A lot of original details that felt overwhelming. I hear they are willing to listen to offers. What do you think of that area?
Do you think we will be using Euro-dollars next year?
G’bye George Washington, hello Goethe!
Or do you think we will be reverting back to a barter economy? What do New Yorkers even have to barter? Just to be on the safe side I’m going to pick up some backyard livestock this weekend. Chickens, guinea fowl, a piglet, and a goat.
P.S. 11233 – as to claiming the buyers of my place are “under water” – I know for a fact they plan to stay there for a long time, so their losses due to softening market will be on paper only. (In fact, I think this “under water” argument is specious for many homeowners who plan to stay for a long time.) I should also point out that they are currently living in a much nicer place than I am (we opted for a modest rental in our school zone of choice to get our kids in a good school while saving for a place we could stay in life-long). So, no, I truly don’t feel badly. I do hope the buyers don’t find themselves unemployed, but that is not so much about my culpability as someone who benefited from the run-up (and I’ve never denied I did), as it is about broader economic factors.
Miss Muffett…you needn’t apologize. i bought my place in Bed Stuy in May 2007 and paid top tic except maybe for those two limestones down the street that sold this year. I’m very friendly with the seller. i’ve had her and her boyfriend over for dinner. I can probably still sell mine for what I paid for but I couldn’t recoup the extra money that I put into it to make it just how I wanted it…new ensuite huge master bath, deck, landscaped yard.
I and many other homeowners who bought “at the top” have places that are homes that we love.
so you are gleeful about the current state of things because they’re good for you. but you just don’t want it to get too bad cuz that would be less good for you.
now i must say that i feel vindicated since, after weeks and weeks of reading your tortured attempts to insist that you’re not simply consumed by your own self-interest, you’re finally admitting that you are.
11233 – we priced below market value at the time – so much so that we got many offers over ask and sold almost instantly. Now, if we had held out for a higher price, and/or pulled the kinds of tricks some sellers did at the peak (i.e. going with one buyer and then dropping them when another higher bidder came along), then yes, I would feel badly. But the people who bought our place really wanted our place and to this day, feel like they got a good deal (I’m friendly with them). Will the value go down? Probably. Am I glad I sold? Yes. But do I feel badly – no, because at the time I sold, there was no way to know for sure what would happen. In fact, I even felt seller’s remorse pretty intensely since I loved the place and given how fast it sold, I indeed wondered it was priced too low. But I knew better than to be greedy, and I truly feel that our transaction was one where both parties felt they benefited fairly given what was known at the time of the sale. And, as for what is happening now, we simply lucked out that we cashed out when we did – but that’s only just starting to be apparent since NYC prices were holding strong up until recently.
“I disagree” – I feel vindicated since I’ve had conversations with brokers about their pricing strategies as the market highs have looked increasingly unsustainable and a few have looked at me as if I have 3 heads and *I* was the deluded one. I don’t hide my self-interest in my posts, since obviously, as someone in the market to buy, I would of course like to get a good deal so I’d welcome a significant correction, but I am sincere when I say that I don’t want a total meltdown since that would be bad for everyone, myself included.