Open House Picks: Six Months Later
Comment: It took 15-20% mark-downs to get these deals done, and they were pre-Lehman. Open House Picks 9/5/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: It took 15-20% mark-downs to get these deals done, and they were pre-Lehman.
Open House Picks 9/5/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
As a fellow socialist told me after the election: “If only we were getting the socialist that the right wing accuses us of voting for…”
As for data, I would check the Case-Schiller Index for NYC from 1997 to present against household incomes for the same period. I get a 35% real drop that’s yet to come as the market shakes out excess inventory. Though brownstones in popular neighborhoods, I’m guessing, will probably fall less than that. ‘Cause they’re all pretty-like.
cornerbodega…still no data to support your theory????
I’d hate to think of what kind of a studio apartment shithole you live in!!! And the rent IS going up.
“Just the beginning. Where are the handful of morons who have no data to support a theory that brownstones will fall 50, 60, 70%” ~dibs
dibs a reminder:
1. Your POS property is in the ghetto. Brownstone bk does not include your s*hithole.
2. You’re at the highest risk in all of nyc mr. Ghetto speculator.
3. Have a great weekend!
4. Oh its just the beginning 😉
I’m impressed with the price on the PLG house given the complete lack of effort on the part of the broker…
Just for the record
1) It’s not actually Windsor Terrace, but South Slope
2) The yard is HUGE
Agreed, the price is high in my opinion.
i mean i am team bull
but I ain’t team crazy
wow – am really still in shock
Snark – thanks for the pics
it must been the “Flahrodia” room that realllly got those buyers
Saw the WT place when listed. Buyers must have eaten paint chips as kids.
WT pics here:
– http://www.corcoran.com/property/PhotoTour.aspx?Region=NYC&ListingID=1343041
ok – back to the thread at hand
am I the only one who is SHOCKED by the actual sale price of the Windsor Terrace House – I mean a 1 family(legal 2) for almost 1.4 in WINDSOR FRIGGIN TERRACE! -I can’t see the interior anymore on the Corcoran site – but from the likes of the comments from Sept 5th – it didn’t seem that great inside!