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There may not be a lot to report on the sales front at Clermont Greene, the 74-unit condo at 181 Clermont Avenue in Fort Greene, but at least the construction is continuing to chug along. The shiny facade on the Clermont side is almost complete but maybe buyers aren’t imaginative enough to pull the trigger without the interiors being built out a bit: none of the nine units put on the market in early December have any takers yet, according to StreetEasy. The development is also now facing competition from the less glitzy but also more affordable Clermont Condominium project down the block. On a side note, does anyone have a good view of the interior courtyard? We’d love a photo.
174 Vanderbilt Listings [StreetEasy] GMAP
174 Vanderbilt Revealed: Clermont Greene [Brownstoner]
174 Vanderbilt: What a Difference Two Weeks Make [Brownstoner]
Development Watch: 174 Vanderbilt Plodding Along [Brownstoner]
Meltzer/Mandl Release Deets on 174 Vanderbilt [Brownstoner]


What's Your Take? Leave a Comment

  1. “Just too damn close to those PJ’s.”

    “Um. It’s far from the subway.”

    You people are a joke. A JOKE!

    It’s farther to the PJs than it is to the subway!

    Get a grip people. If you want “nicey nice” move to Lake Calhoun in Minneapolis.

  2. “‘Too damn close to those PJ’s [sic]’ or ‘too far from the subway’ are the dumbest things anyone could ever say about this development or any other development…”

    I disagree. These factors are relevant to the prices. $350K for a 0BR, $500K for a 1BR, $700K for a 2BR, and $1M for a 3BR just don’t add up for the proximity to government housing and subway. I’ll say the same about WC, the LES and the EV if prices are similarly high.

    I’ll be a moron because you called me one, not for paying $1M for an apartment that far from the train and that close to Myrtle/Ingersoll.

  3. They’re listed as no longer available because – as 1:01pm guessed – they raised the prices. A friend made an offer at asking on two units, then before they could sign the contract, the developer raised the prices.

    While I’m here:
    “Too damn close to those PJ’s [sic]” or “too far from the subway” are the dumbest things anyone could ever say about this development or any other development, condo, townhouse etc in Clinton Hill, Ft Greene, Park Slope, etc etc. If either of those things are such big factors in people buying, please explain to me the popularity of starchitect row on 11th Ave in West Chelsea, you moron. Or the LES or East Village, for that matter. All of those developments – and others in the aforementioned neighborhoods – are *much* closer to *much* larger projects and further from the train – you even have to walk through the projects to get to the train, which you don’t have to do in the case of Clermont Greene or anywhere in Clinton Hill, Ft Greene, Park Slope, etc etc. So tired of hearing those lame, totally uninformed excuses. Stop trying to stir up bullshit neighborhood flame wars. Can we please stick to *informed* judgments on the overpricing of these units?

  4. It reminds me a litle of the old Bronx State Hospital Developmental Center by Richard Meier that you could see from the Hutch.
    I think it was torn dow last year.
    This has that same aluminum-skin, hospital for-the-insane look.
    No Thanx.

  5. “if there was more interest the developer would have rushed this project to fulfill the orders”

    I don’t think that’s the issue. The condos on 4th Avenue are allegedly largely sold, but are also moving at a glacial pace.

  6. Um. It’s far from the subway. End of story. I know that people just think that gentrification and new condo purchasing is done arbitrarily and without consideration, but there are actual functional limits to where people will by new expensive condos.

    Dan

  7. Actually, “close to the “PJ’s” is a non-factor if you understand that area or spend any time there. What will be a problem is the parking once all these developments start getting occupied.

  8. And the construction on the project is sooooo slow. It is obvious that there is a lack of interest in the units because if there was more interest the developer would have rushed this project to fulfill the orders.

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