Overpricing Not Working in Carroll Gardens
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of…
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of grandeur. 329 President has since been reduced by $605,000 and 78 3rd Place by $795,000; 44 1st Place, the nicest and biggest of the batch, appears to be off the market.
What the Heck Is Going On in CG? [Brownstoner] GMAP
HOTD: 40 2nd Place [Brownstoner]
HOTD: 78 3rd Place [Brownstoner]
HOTD: 44 1st Place [Brownstoner]
These prices did a huge disservice to Carroll Gardens. I know two young families from Manhattan who were looking for houses in CG, PS AND FG. I sent them the links when these houses were originally listed and they were so grossed out by what was going on with the clearly absurd pricing, that they’ve decided to stop looking in Caroll Gardens altogether.
One of them ended up looking at a place on Lincoln Place in North Slope yesterday they liked a lot. They may make an offer.
Love the Euro.
Love the French. They are so hot.
11.26 – in line for chopping?
Yes, beautiful blocks, but these houses were over priced and may still be. We’ll see.
11:26 is the brokeryest broker that ever brokered.
I really can’t think of any blocks in Brooklyn much nicer than the place blocks. Maybe a couple in the North Slope. But you can’t ask for much better in terms of living in a real community. With great amenities.
This is a total embarrassment for Corcoran. 329 President and 78 3rd Place are the worst offenders–605K and 795K price drops soon after listing. Insane. Absolutely unprofessional and reckless brokers.
is anyone else bored by real estate?