That Was Fast! 72 Berry Sells Out
Call it the little condo that could: Williamsburg success story Mason Fiske, aka 72 Berry Street, is now completely sold out, according to its broker. The converted industrial loft hit the market at the beginning of March, and 17 of its 26 units were in contract by early April. Units in the project were asking…
Call it the little condo that could: Williamsburg success story Mason Fiske, aka 72 Berry Street, is now completely sold out, according to its broker. The converted industrial loft hit the market at the beginning of March, and 17 of its 26 units were in contract by early April. Units in the project were asking around $650 a foot on average, about $100 less than bigger projects in the neighborhood like Northside Piers, according to the Real Deal.
72 Berry ‘Only Thing Moving’ in Williamsburg [Brownstoner]
The Only Project Selling in Williamsburg? [The Real Deal] GMAP
Obviously you know nothing about Center City.
Yes, somebody do BHO’s work for him. If you don’t believe it please present the data to support your claim. Typical.
No, DIBS, I’m not in the market yet (corner of eye is locked though). I just want confirmation that all of these units have closed as implied by the headline. And if so, for what price.
I’m nervous because I’m hungry, literally, not because of an unconfirmed report of a condo selling out at prices possibly well below ask. Are you nervous, DIBS? You’re surrounded by “radiation” in your Bed Stuy primary AND Center City three. Center City is also getting gobbled back up by the “hood” – they want it back.
Off to lunch…(please somebody, confirm the closures and prices by the time I return – maybe they really did completely close out at asks).
***Bid half off peak comps***
Brownstones Half Off : You have been yapping with nothing to back it. How do you continue to come on this blog:?
Forget it, BHO, you’re not even really in the market.
Nervous?????
“completely sold out, according to its broker”
Every single unit closed? Within what percentage of ask on average? The links lead to no details. I’ll read through the comments to see if anyone was able to elaborate.
***Bid half off peak comps***
I made a lot of money in Japan in the eighties, What, because I knew exactly what was going on there. I didn’t live there.
I know exactly what was going on in NYC in the 70s and 80s. I didn’t have to live, just visit every now and then to realize how bad it was. FOOL.
Whats your f*&*ing point??????????
“Marty Whitman of Third Avenue, a pretty smart guy, continues to buy shares in Forest City Enterprises (FCE/A) of Ratner & Atlantic yards fame. The stock is bumping along the bottom and there’s been insider buying. They just raised $300 MM in the open market. The Ratners bought on May 14, just before the Appeals Court ruling was announced on the 15th and they said on the 18th that they’d break ground this year.”
ROTFLMMFAO!!!!!!!! Stupid they’re selling The NETS!!!!! Ratner IS Blowing the escape hatch!
“sebb….umfortunately during the period of highest inflation, the late 70s to the early 80s, things were completely different in NYC. It was a period of extremely high crime and the City nearly went bankrupt.”
Dave was you in New York during that time?????
Dave answer the fucking Question!!!
“daveinbedstuy: I should have added in that i think homes with rentals go higher, Multi family stuff. Also anything that can hurt your foot if you drop it on it. Ex: copper, metals.”
This Fall everyone will get hit with Margin calls!!! The dumbfucks will sell everything not nailed down. This will crash the Mutant Asset Bubble!
The What
Someday this war is gonna end..
Uncertain….the problem is that its not Keynesian “demand led” inflation but inflation that the market is beginning to anticipate already because of the easy money and quantitative easing. MOO and XLB are good examples. That said, the velocity of money numbers are still very, very low.
What if these leading indicators (the ETFs) of inflation are anticipating an inflation that doesn’t come to fruition???
Consider this: Oil is now at the same price as it was in June, 2007. from that $65 level it rose to $145 on July 4, 2008 and only declined to this current level in November, 2007. There is still a period through November where the Y-O-Y numbers will reflect lower oil prices. The market is looking beyond November now and anticipating inflation in prices that may not actually materialize.
This is why a Buy-And_Hold strategy is wrong in the current market. it will likley become volatile again. What is going to drive oil prices back to $90-100???
daveinbedstuy: I should have added in that i think homes with rentals go higher, Multi family stuff. Also anything that can hurt your foot if you drop it on it. Ex: copper, metals.