Open House Picks: Six Months Later
Comment: Comme ci, Comme ca. Open House Picks 12/11/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]

Comment: Comme ci, Comme ca.
Open House Picks 12/11/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
“what’s up with the Grand street price? how many feet are we talking to the BQE? 50?”
It’s got some pretty sweet retail space on the bottom on a prime commercial strip. 3 million sweet? No idea – but they can definitely get more rent than a residential apartment.
Not that far from the BQE, but it’s not really an issue on that block – gets more noticeable btw Havemeyer and Marcy.
what’s up with the Grand street price? how many feet are we talking to the BQE? 50?
I agree with 11217 on the 13th street house. if you are priced out of south slope and look on either side – windsor terrace to the east, gowanus to the west, you scratch your head as you wonder who would go for third avenue. but hey, different strokes. maybe the R train was imperative.
Levy: We Need Deficit Spending to Keep Economy Afloat
http://tinyurl.com/2dhu5t4
“‘We’re in a period we call a contained depression’, he says.”
***Bid half off peak comps***
“To people who bought pre-2006 I say good for them…”
Problem is they went HELOCO back up to peak comps. Outright owners and all.
***Bid half off peak comps***
“It’s cold blooded murdah!” – Major Barton, ‘Gallipoli’
Comp chase down to half off. Last one’s a rotten egg. I order you out of the trench, 293 Grand and 125 Clinton!
***Bid half off peak comps***
antidope, overpaid but maybe not “Idiot” level yet
I agree with 11217’s 1:24 post. I love Gowanus (hard as that is for me to believe). I’m not sure how much work the house needs, but I could see buying that house in that area around that price (again, work depending).
I should also say that the house is 20 feet wide and looks to have potential.
I also really, really like Gowanus a lot.
But still, that’s a hefty price.
I am not going to say that the Gowanus house needing a reno and selling for a million bucks is an “outlier” but 11217 is right – great price for the seller, which means bad price for the buyer. If it is not an outlier and the bull market is back, just suggests that the smart money will continue to rent. To people who bought pre-2006 I say good for them but that does not mean that it is a good time for people who have not bought yet if this is what $1m will buy.