Prices Drop at the Oro Tower
The Oro, a condominium tower in Downtown that reached completion as the real estate boom went bust, is now cutting its prices by up to 25 percent to boost sales. Since the building’s marketing campaign launched two years ago, only 90 out of the 374 units have closed, reports Crain’s. The publication lists a studio’s…
The Oro, a condominium tower in Downtown that reached completion as the real estate boom went bust, is now cutting its prices by up to 25 percent to boost sales. Since the building’s marketing campaign launched two years ago, only 90 out of the 374 units have closed, reports Crain’s. The publication lists a studio’s current price as $295,000, while another three-bedroom goes for over $1 million, and Street Easy has an active one-bedroom listed for $539,000; you can see all of the listings here. What’s interesting is that in the Crain’s article the developer says that he has no interest in converting the empty units to rentals, as other buildings have done to remain afloat. “Oro has always been a condo building and we intend to keep it that way,” he said. Nevertheless, there are two active rental listings on Street Easy, a studio for $1,800 per month and a one-bedroom for $2,850, suggesting that a couple of the original buyers are feeling a little more open-minded on the rental question.
Condo Prices Slashed 25% at Big Brooklyn Tower [Crain’s] GMAP
Work Resuming at Oro Part Deux? [Brownstoner]
Oro at 306 Gold Street [StreetEasy]
“Was David Dinkins a better mayor than Rudy Giuliani?” Both YES
“Should he run, will you endorse David Paterson for governor next year?” Avella (after much hemming and hawing) NO in primary, YES in general; Thompson YES in both
“Is David Paterson a better governor than Eliot Spitzer?” Both YES
“Have you ever voted for someone who was not a Democrat?” Avella YES, Thompson NO
Thompson is a Democratic drone. Get some freaking balls and spine Thompson.
And I HATE Giuliani.
FSRG;
Given the choice between Paterson and Spitzer,I would take the latter any day of the week, for two simple reasons:
a) like Bloomberg, he is indepedently wealthy. Hence, unlike the typical Albany pol, his first thought of the day was not “who can I shake down today?”
b) He was a pit bull, which is exactly what Albany needs.
We’ll never know, but that is my sense.
Yes- true. NYS is given the choice of a sleaze bag and an incompetent. Makes it hard to pick the lesser of 2 evils
“unfortunate personal issues”
Well yes, but lets not forget that he was headed in a very bad direction – the whole Trooper Gate thing was actually pretty disgusting and the coverup may have even been criminal.
fsrg- LOL! That’s about as appealing as putting Marty Markowitz in the position…. hmmm- maybe more appealing. 🙂
Very interesting fsrg. Patterson better than Spitzer? I don’t think we ever got the chance to find out but except for his unfortunate personal issues, I think Spitzer would have been far better. As it is Avella won’t make a dent. Nor do I think Thompson has any great chance. The Kelly thing is a deal killer for me, because I saw first hand Kelly’s abilities and this city needs them.
“I can’t even imagine who he thinks could possibly replace Kelly”
Maybe he’ll bring Ben Ward back from the dead
I can’t even imagine who he thinks could possibly replace Kelly- honestly. Even in Washington, they listened to Kelly because he was the guy with real first hand experience with a major terrorist attack. Oklahoma City was terrible but 9-11 made it look like a cakewalk (no insult intended – just comparing scope). Kelly did an amazing job. The less said about Kerik, as far as I’m concerned, the better.
Bxgrl – a citation:
http://www.nydailynews.com/blogs/brawlforthehall/nydn?tag=Ray+Kellx