« Development Watch: 510 Manhattan Avenue Tuesday To-Do List »
March 6, 2007
Update On The Vermeil
When we checked in with The Vermeil almost two months ago, the sales effort had just gotten underway. We forgot to look last time we drove by, but one reader reported that the developer was in the process of putting a cornice on (as the rendering at right suggests). So what's happenedon the sales front in the last seven weeks? Not a whole heck of a lot, as far as we can tell. Of the 22 apartments (which range from $985,000 to $2,300,000), there are two accepted offers and one signed contract. Interestingly, the first ones to go have been among the biggest and most expensive, a sign, perhaps, of the demand for family-sized accommodations in this part of town. Presumably, a few of you have been to check it out for yourselves by now. What'd you think?
About The Vermeil [The Vermeil] GMAP
Sandy Biano's Listings [Brown Harris Stevens]
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Comments
this place seems to be coming along SOOO slowly. what's the deal? anyone been inside? when do they plan to begin occupancy? walk by here every night.
Posted by: anonymous at March 6, 2007 11:59 AM
I know one person who looked at it for a 3 bed but was turned off because thye were concerned about why the construction was taking so long and what affects that might have on the final product.
Posted by: Anonymous at March 6, 2007 12:18 PM
There's nothing to see yet. The offers must have been based on renderings and floorplans.
Posted by: Park Sloper at March 6, 2007 12:27 PM
I am wondering why with such slow construction they now hold open houses basically on a construction site. I looked at it and my guess they are at least another six months away from completion.
Could it be that they get desperate and want to get the bonus money now realizing only people with nice bonuses can afford this and in a few months these buyers disappear from the market leaving only the riff-raff?
Or did they burn through their construction credits and lenders wants to see prove these units can be sold?
Posted by: Anonymous at March 6, 2007 12:28 PM
so no one has ACTUAL information?someone saw a 3 bedroom another says that the apts. don't exist yet. which is it?
no one has been to the open houses??
Posted by: anonymous at March 6, 2007 12:58 PM
They have one model unit ready - otherwise it is a construction site - e.g. you can look into the elevator shafts, the fall is only prevented by a plywood barrier, no drywalls, not all windows and so on. You get the idea...
Posted by: Anonymous at March 6, 2007 1:03 PM
Clearly the problem is the name. If they named the building "The Parcells", every unit would be sold now. This isn't Philadelphia.
Posted by: west at March 6, 2007 1:13 PM
I saw the model (3-bdrm) apartment and thought it was quite nice. It's an open layout and they've done a good job with the fixtures and decor. My only reservation (aside from the price!) would be buying from the developer itself at such an early stage in the construction. I don't know which developer is building this place but I've heard bad stories from people who have bought directly from a certain developer who has turned out to be pretty unresponive when problems turn up. The place looks nice though.
Posted by: Anonymous at March 6, 2007 4:02 PM
I can't get beyond the prices. Unbelievable. I am clearly stuck in another era.
Posted by: donatella at March 6, 2007 5:21 PM
Funny--we were driving down Lincoln Pl.on sunday and my wife remarked about how much better this building would look with a cornice(and also that the other new bldg., on the south side of Lincoln, looked much nicer).
Posted by: Bob Marvin at March 6, 2007 5:34 PM
I was there two weeks ago.. The finished product looks nice, however the two brokers from Brown Stevens who showed me around did not know a lot about the finished product. They could have been selling me a used car. The Corcoran sales people seem much more informed and classy on the whole..
Posted by: Anonymous at March 6, 2007 11:43 PM
I went in there this past weekend after some of your responses and I have to honestly say there is nothing like this in all of Park slope.. It looks really nice with a lot of quality work, all of the floorplans are all so different.. Its nice to see that they aren't so cookie cutter.. I disagree with alot of your statements they are moving very fast, and I think they have like 6 sold already.. I don't think its nice to judge something like this when you really don't know what your talking about. The two woman I met were very nice and informative, they didn't push me.. unlike corcoran!!! I sold my apartment through corcoran and they were terrible..
Posted by: Anonymous at March 7, 2007 9:33 AM
I went in there this past weekend after some of your responses and I have to honestly say there is nothing like this in all of Park slope.. It looks really nice with a lot of quality work, all of the floorplans are all so different.. Its nice to see that they aren't so cookie cutter.. I disagree with alot of your statements they are moving very fast, and I think they have like 6 sold already.. I don't think its nice to judge something like this when you really don't know what your talking about. The two woman I met were very nice and informative, they didn't push me.. unlike corcoran!!! I sold my apartment through corcoran and they were terrible..
Posted by: Anonymous at March 7, 2007 9:34 AM
I went in there this past weekend after some of your responses and I have to honestly say there is nothing like this in all of Park slope.. It looks really nice with a lot of quality work, all of the floorplans are all so different.. Its nice to see that they aren't so cookie cutter.. I disagree with alot of your statements they are moving very fast, and I think they have like 6 sold already.. I don't think its nice to judge something like this when you really don't know what your talking about. The two woman I met were very nice and informative, they didn't push me.. unlike corcoran!!! I sold my apartment through corcoran and they were terrible..
Posted by: Anonymous at March 7, 2007 9:34 AM
uhhhh....could your response be any more transparent. you are either the broker or dillusional.
no one is making stuff up but you. if you look at their website it says that two offers have been accepted and one contract signed. not sure where you are coming up with 6. and you clearly don't know what you are talking about because that building has had absolutely nada done to it in the last 2 months.
next time you make shit up, do a little research first so you don't seem like such a boob.
oh yeah, and only click on the post button once.
Posted by: anonymous at March 7, 2007 11:06 AM
anon March 7. You must be definitely the broker!!!
I am the next dor neighbor to the Vermeil and by back yard is next to the construction. This building is being built so slowly a caveman would build it faster. There are 4 to 6 construction workers there on a daily basis. Every night I find empty rum and vodka bottles in my back yard, the cheap kind. Half of my backyard was destroyed over the last summer because the do not have a protective nets or anything for that matter. I tried to resolves this in a friendly manner for about 6 months. They promise but no follow up. We had to go to court and they paid. From my backyard I can see the shabby work they do especially with the internal piping that will eventual be covered by drywall. Also asked them how many times they moved the windows, place size. Paying 2.3MM for an apartment there when you can get a Brownstone for the same amount is crazy. The apartment in contract must been held by the developer himself as a marketing stunt.
Posted by: Jimster at March 7, 2007 11:52 AM
As for the "Uhhh" comment, I have lived in this neighborhood for over 20 years.. I have seen it all..broker no, dillusional no.
You should be Happy that the prices are high, it will only increase the value of whatever you own, (If you Own anything at all, or are you just a no- job, nosy-body blogger with nothing else better to do) And how do you know that the prices haven't been negotiated.. OR are you another broker looking to cause trouble.. Honey, you don't know who you're talking to. Piss ant.
Posted by: Anonymous at March 7, 2007 3:55 PM
"OR are you another broker looking to cause trouble"
LOLOLOL you just outed yourself as a broker "honey!!" ANOTHER broker?????
i'm not a broker at all.
maybe try proofreading next time idiot.
oh, and i do know who i'm talking to. a real C U Next Tuesday!
Posted by: Anonymous at March 7, 2007 4:04 PM
i hope sandy biano hires herself some new salespeople soon.
Posted by: jim at March 7, 2007 4:11 PM
"You should be Happy that the prices are high, it will only increase the value of whatever you own, (If you Own anything at all, or are you just a no- job, nosy-body blogger with nothing else better to do)"
while i do own a couple blocks from here (thus how i know nothing is being done...see also next door neighbors post above of drunken shoddy workers) i do not think charging 2.3 million for a piece of shit is good for the neighborhood. nor am i any happier to see the neighborhood become any less diverse with such ludicrous prices per square foot for what really is an ok area of park slope. i'd be just as happy seeing that place as a homeless shelter. and by the look of it from the outside, it's not too far off.
you still didn't answer how you seem to think 6 of these are sold, when it very clearly states on the vermeil website that 2 have offers, and 1 are in contract. maybe you guys can update the site, then??
Posted by: anonymous at March 7, 2007 4:17 PM
pretty snarky stuff; owners / realtors should stay out w/o outing themselves.
Posted by: Anonymous at March 7, 2007 6:18 PM
Corcoran really is the shitbags of brokers in park Slope, not that my experience with BHS is any better,but Corcoran makes me vomit!!
Posted by: Anonymous at March 8, 2007 4:17 AM
we stopped by the open house. what turned me off were the brokers. completely unprofessional lot. it was like we had walked in on their party. they just grunted something about signing in. no offer to show us around. maybe they thought we couldn't afford it (we can) but their attitude didn't make me interested. newsflash to the brokers: if you are selling million dollar homes, you should probably introduce yourself. oh, and at least seem happy someone showed up at your open house (we were the only people there.)
Posted by: Anonymous at March 8, 2007 5:50 AM
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