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Seems that some Novo buyers were very eager to call the 4th Avenue condo home. A reader sent the photo above, snapped today, along with the following note: “More people have been trickling in, and one of the contractors working on the ground-floor space says there have been people living there for almost a month. Boymelgreen’s contractors are still taking forever to fix up the section of J.J. Byrne park behind the building.” If it’s true that the Novo’s been inhabited for almost a month, some buyers must have closed and moved in as soon as the building’s temporary C-of-O came through. According to Property Shark, there have been nine closings at the 116-unit Novo, ranging from $345,000 to $910,000. We don’t know how much of the building is in contract or remains to be sold. StreetEasy shows 12 active listings at the condo, with the priciest going for almost $1 million.
The Novo Finally Becomes Official! [Brownstoner]
Should We Feel Sorry For Novo Contract Holders? [Brownstoner]
C-of-O Woes for the Novo? [Brownstoner]
Novo Takes a Nosedive [Brownstoner] GMAP


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  1. I am glad that they don’t have retail space on the ground floor. As a commercial property owner in park slope I would prefer to have these new residents walk up to where my building is.
    Increased traffic=more buisness=good rent.

  2. They will not become rentals or loose value. The area is very desirable. Your a short walk from 5th avenue’s resturant row and very close to the city.
    I strongly believe that in 15 years 4th avenue will look very differently then it does today.
    The Novo will become more popular as the strip gets more populated. 4th avenue has much more potential then say red hook.