Multiple Price Cuts for Heights Houses
Not even Brooklyn Heights, the bluest chip in the borough, is proving immune to the pressures of a weakening market. Exhibit 1: Three of the lower-priced houses on the market in the area have recently had to undergo price reductions in their bids to find buyers. The most surprising of these, in our opinion, is…
Not even Brooklyn Heights, the bluest chip in the borough, is proving immune to the pressures of a weakening market. Exhibit 1: Three of the lower-priced houses on the market in the area have recently had to undergo price reductions in their bids to find buyers. The most surprising of these, in our opinion, is 72 Middagh, a 3,450-square-foot former school house with its own parking that recently underwent a pitch-perfect renovation. This one started out three months ago at $2,995,000 and was just cut to $2,895,000. The historic colonnade of 47 Willow Place was not enough to reel in a buyer at the initial asking price of $3,450,000, so after just five weeks, it too had its price trimmed to $3,200,000. These two cuts follow the unsuccessful efforts of a succession of brokers to unload the suburban-modern carriage house at 43 Love Lane. Brown Harris Stevens, Stribling and Halstead gave it a go for most of last year, starting at an original asking price of $3,500,000. Coldwell Banker took over in February at $2,995,000. With no better luck, they cut the asking price to $2,745,000 at the end of April. Where’s the bottom on this stuff?
72 Middagh Street [Corcoran] GMAP
47 Willow Place [Corcoran] GMAP
43 Love Lane [Coldwell Banker] GMAP
House of the Day: 43 Love Lane [Brownstoner]
HOTD: Love Lane Buyer, Wherefore Art Thou? [Brownstoner]
House of the Day: 72 Middagh Street [Brownstoner]
House of the Day: 47 Willow Place [Brownstoner]
Uh, 10:37, even in the time of our founding fathers, not everyone was growing their own food. In fact, I think many suburban homeowners would be hard-pressed to make a self-sustaining lifestyle in their backyards, just as many city dwellers who feel virtuous because they keep a few chickens and have a tomato plant in a pot and an under-the-sink compost are totally delusional. Or was your post totally in cheek?
10:55, Thomas Jefferson had a thirty-year relationship with the half-sister of his wife. By all accounts, she adored him and was devoted to him in life and after he died. They had, I think, four children.
You can feel superior to Jefferson if you wish, but you are really nothing by comparison. Is there anyone in the world who adores you and is devoted to you as Sally Hemmings was to Thomas Jefferson? You are a nobody with a low IQ. People like you are a dime a dozen.
10:37 – do you also advocate slave ownership? Jefferson did. And he slept with them.
Go to bed, you need some sleep.
“as the founding fathers intended”
Oh yeah…awesome idea…let’s live our lives as those who lived hundreds of years ago did. Sounds brilliant. Screw science, screw the industrial revolution and the technology age, just do as the founding fathers said.
Can you say Sheep?
Grow a brain, dude.
i take it you work for the auto industry, 10:37?
New Yorkers have always been, to a point, dellusional. The idea that this horribly polluted, dirty, and energy-guzzling city is “green” is ludicorous. If we all lived more spread out (as the founding fathers intended) we could grow our own greens, not rely on 24-hour electric train service, and best of all, cut our dependence on the mendacious politicians and their operatives.
I say be true to the spirit of John Adams and Thomas Jefferson. Don’t trust the government. Forget about buses and subways -they are the most inefficient energey users. Look to a prosperous future. Be independent. Place the old New York political machine into the same dust bin as the soviet union, and join me in saying: “good riddance to bad trash”
I’m not sure why Brownstoner repeatedly touts 72 Middagh as such a great renovation (maybe to kiss up to the Corcoran broker-owner?). Though I disagree with the poster who thinks the way they did the facade was to appease LPC – I think they simply did a touch-up so they could do a reno on the cheap, which is consistent with the cosmetic changes they made to the interior, where they left the awkward layout intact. This was an investment property, folks, hence minimal renovation and sky high asking price.
i thought nyc was for lovers?
The parsimonious realtors have figured out every penny to be made from each spare square foot and have added it to the sale price of every brownstone as if it were a bed and breakfast inn instead of a home. There are no middle class homes left in NY only income producing properties. New Yorkers only have themselves to blame for allowing profits to come before family, privacy, or happiness. NYC is basically venal, money-grubbing, and dishonet. I belive this has been true ever since the Dutch Colonial days.