Open House Picks
Park Slope 356 First Street Orrichio-Anderson Sunday 12-3 $1,750,000 GMAP P*Shark Fort Greene 134 South Oxford Street Maggie Hopp Sunday 1-3:30 $1,450,000 GMAP P*Shark Boerum Hill 442 State Street Halstead Sunday 1-2:30 $1,200,000 GMAP P*Shark Red Hook 52 Dikeman Street Corcoran Sunday 2:45-3:30 $975,000 GMAP P*Shark
Park Slope
356 First Street
Orrichio-Anderson
Sunday 12-3
$1,750,000
GMAP P*Shark
Fort Greene
134 South Oxford Street
Maggie Hopp
Sunday 1-3:30
$1,450,000
GMAP P*Shark
Boerum Hill
442 State Street
Halstead
Sunday 1-2:30
$1,200,000
GMAP P*Shark
Red Hook
52 Dikeman Street
Corcoran
Sunday 2:45-3:30
$975,000
GMAP P*Shark
Marketwatch says: “Citi’s global staff stands at about 352,000 now, and the firm has a target to trim that to about 290,000 by next year, the report said, citing a person familiar with the company’s plans.”
i am really liking the red hook house. i know nothing about the neighborhood or the schools but the house & price seem like a good deal.
11217 – I don’t think the exact number of Citigroup layoffs really matters. We’re in a financial tsunami and no one can deny that. To think that NYC, and the astronomical prices of its real estate, won’t be affected in a *major way*, is sticking your head in the sand. The unprecedented bubble of the last few years will pop. Low inventory will help for a while but that will start to change as it invariably does in bust cycles such as the one we’re now heading into.
Per usual, Ironballs, you are incorrect:
November 14, 2008 NYTIMES
“But Citigroup still needs to hand out pink slips to 9,100 workers to meet its goals, and bankers are bracing for much of the bad news to arrive early next week, according to executives briefed on the situation.”
But yeah, 9100 and 60,000 are similar.
No pix of kitchen or bath of PS house — not a good sign.
on 2nd thought – being that close to atlantic center isnt such a great thing. prob not the quietest block
REALLY LIKE THE SOUTH OXFORD TOWNHOUSE. price doesnt seem that bad either.
Re: 1st Street – lack of inventory is helping sellers right now, but credit problems and overall pessimism are hurting them. I agree with IronBalls that 1.5 would be a good price for 1st Street. While it looks to be in good condition, I suspect the electrical/plumbing are due for an update, and the configuration of top floor rental (instead of garden rental) is problematic for some potential buyers, but reconfiguring is expensive. 6 months-1 year from now, I would not be surprised if houses of this kind returned to 2004-2005 levels, which was not so long ago – making this house worth closer to 1.2-1.3. Still a pretty good price for an owner who probably paid a tiny fraction of this.
Bolder,
357 1st Street, across the street from the PS house sold for $1,225,000 in December 04.
My feeling is that 356 1st Street, a slightly smaller house, in this market is worth closer to $1,500,000.
Citibank just announced their laying off 60,000 people . . .
And next year we will see the big Brooklyn housing price slide we haven’t seen yet.
It always happens in a recession, folks. ALWAYS