Open House Picks: Six Months Later
Comment: Are these sellers living in some other planet? Open House Picks 4/3/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Are these sellers living in some other planet?
Open House Picks 4/3/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
“Comment: Are these sellers living in some other planet?”
No, they’ve bought the reflation trade along with everyone else. The sky’s the limit!!
Really surprised after that huge price cut on Pacific didn’t do the trick.
Numbers almost make sense already if you get that a good chunk of tax break on Lefferts (don’t understand how that works). I love that street and those are amongst the street’s best buildings. No way it goes for less than 6 figures.
lefferts sitting there at same ask looks odd. is it getting no action cause banks require 30% down or that owner would be forced to play landlord to too many tenants after pay 1.5M?
Lefferts for under a mil? That seems way too little for 5 floors of free market rentals.
Enjoyed reading the original comments from the thread in April. I suggested that the Lefferts Place folks list it just under a million. Still think that’s good advice.
I was told that the MacDonough Street house sold 2 months ago.
Can’t even sing Meatloaf this time. The BH and CH houses look very overpriced. Don’t know enough about the other areas to comment, except to say they have been on the market for 6+ months.
Oh, and Mary Catherine Gallagher is back.
Brooklyn RE is tanking
http://therealdeal.com/newyork/articles/toppling-the-king