Price Cuts at the Oro
Looks like developers have taken the axe to the Oro, where a 1,092-square-foot, two-bedroom, two-bath unit got a $35,000 chop after 383 days on the market, according to StreetEasy. It’s now $777,000. Okay, so it’s a small axe. Another studio got a $30,000 discount, to $480,000. Unit 14F got an increase, however; the one-bed, one-bath…
Looks like developers have taken the axe to the Oro, where a 1,092-square-foot, two-bedroom, two-bath unit got a $35,000 chop after 383 days on the market, according to StreetEasy. It’s now $777,000. Okay, so it’s a small axe. Another studio got a $30,000 discount, to $480,000. Unit 14F got an increase, however; the one-bed, one-bath is now $589,000, up from $577,000 three days ago. The building (which is a Brownstoner advertiser) has only reduced a few units over the past months; think this will be enough to get it moving?
Closings Begin at Oro [Brownstoner] GMAP
Oro Closings Becoming a Reality [Brownstoner]
Price Cut at the Oro [Brownstoner]
Forte: Great location right next to BAM, one block to park, two blocks to every subway, really truly in a neighborhood that seems to hate it. Oh well. The layouts are a bit unusual due to the triangular shape of building, but that’s okay, and the exterior seems to be not weathering very well, but Clarett is a well regarded company. My guess is they would have sold more if they’d had more of a unit mix – its almost all two bedroom units. nice views from many.
Oro. Noman’s land location so far but that could change. some of the livingrooms are squeezed though the big windows, sun, and views helps mitigate the squeeze. Great views – that much closer to manhattan than toren and forte – attractive finishes. Best amenities – squash court, basketball court, parking, and a swimming pool. 3 minutes to manhattan over the manhattan bridge, if that, come to think of it could be a pleasant walk too.
Toren. Probably the one I would buy in. i like the green features. nice layouts. good prices. the finishes are beautiful. Alas, no swimming pool (sigh) and a dopey common lending library (swap paperbacks you don’t want anymore with your neighbors!! who came up with that as an amenity?).
“It’s also far and away a superior building on the inside and out.”
There is no inside yet.
Shill baby, shill!
dude, are you for real?
Toren. It’s is the only one that’s over 50% in contract and has had no chops. It’s also far and away a superior building on the inside and out.
You don’t need a car but in brooklyn it can be nice to call the valet and take a quick drive to the many great restaurants in brooklyn and get street parking or hop on the subway for a quick ride to the village.
reducing prices for a long time. hint: offer less than ask + offer accepted = price reduction.
Where’s Sebb when we need him/her?!?
True, zinka. It’s the wife.
Valet parking!?! How LA. The best reason to live in New York is you don’t need a car.
“Forte, Toren or Oro”
Price aside, Toren. From what I recall, the master bedrooms are insulated from all others. Ideal privacy for healthy marriages. The valet parking caps it off. And it’s an SOM (a BMW of a development).