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?
Forte Studios on the Market [Brownstoner] GMAP
Forte’s Law: Doubling Height Every Month [Brownstoner]
From Cheesecake to Condos on Fulton [Brownstoner]
Downtowner here. I love everything that’s going on in DB. Keep em coming. Come high, come low.I live in a high rise and views dont mean no shit. I got my drapes shut all the time.
1:36 — I don’t think 1:24 and 1:26 appear to be terrified of high rises — they were just pointing out what could cause obscured views/light other than AY. I think the point was simply that the A and B lines are selling faster BECAUSE the C and D lines could be subject to obscured views/light in the future 🙂
Potential buyers obviously aren’t terrified by highrises, they just don’t want to lose their view, which is really the only amenity a building like Forte offers.
1:24 and 1:26…
yes…it’s called DOWNTOWN brooklyn for a reason
i think most non-nimby’s will welcome the development of more highrises in the DOWNTOWN area of brooklyn.
that’s what the DOWNTOWN is for.
i actually think most who buy in the forte will welcome the increased pedestrian traffic, thus more retail these new buildings will offer them in DOWNTOWN brooklyn and it will offset their more obscured views in the end.
not everyone is terrified of highrises. especially most people who buy in DOWNTOWN districts.
What does atlantic yard have to do with where this building is, I am talking about the 2-3 additions to BAM that will be of equal or greater height to this. Directly across the street are 2 parking lots soon to begin construction as well as the property behind the storage place. Do your homework cueball =)
1:19 – I don’t think that 1:14 was talking about Atlantic Yards. There are other buildings being talked about and planned right now that may impact some of Forte’s views.
Atantic Yards may not even end up happening, 1:14.
And if you think it will happen in 2 years, you are a little behind the 8 ball.
these should fly now. where else can you get a real 1,000sf 2 BR for this price? greenwood heights or something?
There are 4 units per floor lettered A-D, the A and B lines are the only ones that seem to sell, more so the B line studio/one bedrooms with the unchanging brownstone view. The D and C units will lose their sun and view in about 2 years.