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This batch sure didn’t set the woods on fire. Someone have a clue re: 15 Irving?
Open House Picks, 9/14/07 [Brownstoner]


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  1. 1:22 – don’t ya think maybe some of those white people who bought there did it because they like the homes and wanted to live there? I’d like to buy there, and that’s why I’d do it.

    I can’t be the only one who isn’t stupid enough to believe that one can time the real estate market. There must be others who know that, and know that for that reason, you should only buy something you are happy to live in, in a neighborhood you are happy to live in.

  2. thanks 1:00. parkslope deserves the title! Dolkart’s wording is very misleading he should be ashamed and I hope he’s reading this. South Slope has like 5 brownstones and is also peppered with fedders style townhouses.

    People dont forget one person’s forclosure is another’s discounted brownstone.
    Life goes on survival of the fittest.

  3. 11:47 you cracked me up – “both buyer and seller were lawyers and lawyerly behavior ensued.”

    As a lawyer who bought from 2 lawyers, I can say that sometimes *good* lawyerly behavior happens (with corporate lawyer type behavior that includes full disclosure) that makes closings go really smoothly.

  4. 1:17:

    I’m a short term thinker? Do you know me personally??

    I’m not actually, but spending a million dollars to live in a crappy neighborhood with nice houses, shitty schools, hardly an services and crime is not my idea of good thinking…long OR short. If I paid 300K for it, yes. Not a million.

    The ONLY reason all these white people bought in Bed Stuy was because they thought their homes would be worth 3 million in 10 years. It’s true and you know it.

    When that doesn’t happen, what will happen to this neighborhood where more than 50% of the people make less than 20K per year?

  5. Sorry, it might be bad for you in the short run b/c you might have invested too much and are now caught on the wrong side of the curve, but it will eventually be good for the people raising families in this city, and for you too, if you plan to settle here for the long run.

  6. 1:13

    That’s why this downturn is gonna hurt you so badly. The What’s predictions are right for people like you, b/c you’re a short term thinker. The bad things that are happening in poorer neighborhoods will be visited upon you’re own (more or less) soon enough. The poor are the canaries in the coal mine for society as a whole.

    Taking the longer term view, I see things getting alot better b/c of all of the new infrastructure this boom will leave behind.

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