Open House Picks: Six Months Later
Comment: Holy cow, 329 President started out at $3,600,000! Open House Picks 3/27/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Holy cow, 329 President started out at $3,600,000!
Open House Picks 3/27/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
If the “Beverley Square West” house could drop to about $350,000… then i would totally buy it.
(well, or any of the other places for that matter… but I live just around the corner from this place, so it would be an easy move.)
can we get his facebook page?
*rob*
presrez- thanks for the 411.
i don’t know what’s a bigger joke: the original ask or the reno. Aaaawful.
11217- you’d be way better off relying a bit less on your SE pal.
broke- i have noticed same trend as you; i think it reflects large bid-ask spreads and will compress if a) market sentiment improves (buyers get braver) or b) market sentiment reverts to the negative feedback loop (and sellers run out of oxygen).
Streeteasy may be incorrect. The present owner of the house still owns it (I know his name). I live across the street, and it has been an ongoing saga.
The person who bought the President St house lives on the same block. The previous owner was an elderly woman who had passed away, and after a probate delay of at least two years, it was purchased by this person who gutted it and thought he was doing an upscale reno job. The reno is the laughing stock of the block.
If you look up the President Street house in Streeteasy it tells a different story than the one being told here.
Looks as though it was bought for 2.9 million in ’08 then put on the market for 2.5 million and has been reduced a number of times since.
Maybe Streeteasy is incorrect, or I’m probably just missing something. I don’t want to do much more research, because frankly I don’t care that much.
Thanks, DS. I think every seller in this market has this same ridiculous idea go through their head. “if we all just hang on to our high prices, people will eventually have to pay them, because there will be nothing else to buy. I wish we could all meet up and arrange that”
who knew that in carroll gardens they would actually try it.
11217 – see http://bstoner.wpengine.com/brownstoner/archives/2008/03/overpricing_not.php
well, that’s a little offensive, trying to triple your buying price.