Condos of the Day: Price Cuts at Forte
The same forces that have led to recent price cuts and rental reversions in the Downtown area are also bleeding over into the BAM Cultural District, where the Clarett Group (a long-time advertiser on Brownstoner) just started cutting prices on some of the Forte’s 110 units. Two bedrooms that used to be in the $750,000…
The same forces that have led to recent price cuts and rental reversions in the Downtown area are also bleeding over into the BAM Cultural District, where the Clarett Group (a long-time advertiser on Brownstoner) just started cutting prices on some of the Forte‘s 110 units. Two bedrooms that used to be in the $750,000 range just got about $100,000 cheaper. The 1,059-square-foot Apartment 8D, for example, is now $650,000. Think that’ll be enough to get fence-sitters to pull out their checkbooks?
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From Cheesecake to Condos on Fulton [Brownstoner]
Hmmmm, soes the square footage seem grossly exaggerated on those floorplans?
6:37…yes it is. it’s two blocks east of classon. the OP (broker) at 1:09 said that the next closest place in brooklyn that has apts. this cheap is greenwood heights, I kind of resented that.
7:18…yes amenities…it has 13′ ceilings, a gym, 24-hr doorman, and is 2 years old- so appliances are pretty new. as for the end of your post, I’m not really sure what the relevance is.
Is there any chance that the misinformed. negative, and vitriolic posts are coming from happy, fulfilled people who are secure with the choices they’ve made in their own lives?
8:38, 8:45 and 9:54…
Since they don’t list common charges on their website, the only logical conclusion would be that you are a competing broker trying to sabatoge Forte sales.
There is really no other conclusion to make.
Well besides for the fact that 9:55 also just called you out on giving out false information also.
No one on here is stupid enough not to do their own research or to trust the words of an anonymous poster. You are either incredibly naive or incredibly ignorant to not give more credit to the brownstoner readers.
The building has a 421-a abatement (15 years). The taxes will be about $45 monthly for the apartments for ten years and then incrementally go up to prevailing tax rates in years 11 through 15. They are not giving out 421-a abatements anymore and you don’t get them with anything other than new construction. The math favors these forte buyers – Can you imagine what some others will pay in taxes through 2023? Also there are no $650k units there with CCs as high as $900+. Hyperbolic statements are no substitute for facts.
The building has a 421-a abatement (15 years). The taxes will be about $45 monthly for the apartments for ten years and then incrementally go up to prevailing tax rates in years 11 through 15. They are not giving out 421-a abatements anymore and you don’t get them with anything other than new construction. The math favors these forte buyers – Can you imagine what some others will pay in taxes through 2023? Also there are no $650k units there with CCs as high as $900+. Hyperbolic statements are no substitute for facts.
With these common charges, these units are still 50k overpriced, in my opinion. Drop the CC or drop the price.
8:40, over 900/month pure CC (not incl. eventual taxes) on a 650k unit is NOT reasonable. I’d expect 500, so 900+ is insane. What, are they going to give me a handj*b every night?
don’t forget the kegs on every floor…each one comes with it’s own scantily clad “lady”!!!!