Wrapping Things Up at The Aqua
What do you do when you’ve sold 51 out of 55 units and the market’s in the crapper? Cut prices and go home. That’s the plan at the Aqua Condominium at 415 Leonard Street in Greenpoint. Overlooking McCarren Park, the Aqua hit the market in late 2007 and most units had closed already by the…
What do you do when you’ve sold 51 out of 55 units and the market’s in the crapper? Cut prices and go home. That’s the plan at the Aqua Condominium at 415 Leonard Street in Greenpoint. Overlooking McCarren Park, the Aqua hit the market in late 2007 and most units had closed already by the time Lehman collapsed. Now there are just four left, and three of them just got price cuts of 10 percent or so. Check them here, here and here. GMAP
“Cut prices and go home.”
Basically. Don’t worry about the ant on the elephant’s back.
***Bid half off peak comps***
pretty sure this place has a parking lot too. not sure if there’s available spaces left, but would be worth it to ask.
The developers dodged a bullet there. But if they really want to go home they are still going to need to slash those prices. 10% is fantasy land.