352-21stSt-03.jpg
More bad news for condo sales in Greenwood Heights: On Friday, listings for 352 21st Street aka the Minerva, where prices were recently cut after only one out of eight units found a buyer, were yanked from the Corcoran website. The development’s description is still up though. One theory: The building will shortly reemerge as rentals. Any inside dope on the situation?
352 21st Street [Corcoran] GMAP P*Shark
352 21st Street [StreetEasy]
Condo Buyers Not Biting in Greenwood Heights [Brownstoner]


What's Your Take? Leave a Comment

  1. The 18th Street building is a big improvement over the rat infested garages and house that existed in that location before… and while it isn’t my “cup of tea” the units are filled with light and space, lovely roof deck and off-street parking included.
    I viewed it going up from my co-op apt.,
    and given what kind of crapola has been flooding this area, this building isn’t offensive.

  2. Re: 11:46 —

    I don’t know if it’s true that Corcoran is moving out of Brooklyn. But if so, interesting. I lived in Park Slope in the 80s/90s and remember when the big real estate firms moved in, took over half of 7th avenue, and then left pretty abruptly around 89 or 90. Interesting.

  3. It’s interesting that some brokers will take any listing and say and do anything to get those listings. The two units in contract on 18th St are through A&H not sure if it’s a co-broke or not but they gave up the listing because the developers were ignorant of the market and easily gullied by other brokers. Sometimes it makes sense for many reasons to get rid of a project but easy for frims to realize this when they actually do business unlike the agent representing the two projects. I should know I used to work for Corcoran. It should also be noted that Corcoran is slowly moving out of Brooklyn and has disbanded the whole development anyone that made any money at Corcoran is moving on.

  4. No, Jase 7:09 PM,I’m not an RE agent… I live very close by and I’m realy curious about that building… I watched it get built, and there doesn’t appear to be any activity… just curious…

  5. Saw the the 8th Street beauty…or beast rather.

    Watch that first step onto the landing, the sunken front garden/patio (?) are is quite a drop. I guess you could set up a local skate park to recoup on the mortage payment.

    Another POS in the South Slope. One step above a Fedders and makes The Minerva look like should win an AIA design award.

  6. Awesome “Bren”
    Way to plug your own listing on the 18th St condos.

    At least you didnt do it “Anon”

    Didnt you get bashed enough on this thread?

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