Co-op of the Day: 1 Pierrepont Street
Yowza! It’s a tough time to hit the market with a $6,250,000 price tag, to be sure, but this is about as blue-chip as they come. The four-bedroom apartment has beaucoup prewar details, views of lower Manhattan and one of the best addresses in Brooklyn; it also has a monthly maintenance of $5,072. One thing…
Yowza! It’s a tough time to hit the market with a $6,250,000 price tag, to be sure, but this is about as blue-chip as they come. The four-bedroom apartment has beaucoup prewar details, views of lower Manhattan and one of the best addresses in Brooklyn; it also has a monthly maintenance of $5,072. One thing we can’t figure out: Why another four-bedroom in the same building was listed for $3,450,000 last spring (and ended up selling for $3,400,000). Anyone know what explains the huge difference in price?
1 Pierrepont Street [Brown Harris Stevens] GMAP P*Shark
Co-op of the Day: 1 Pierrepont Street [Brownstoner]
What does 5,000 a month in maintenance get you?
GKW: Yeah, you’re right. Or maybe it’s like they’re Indiana Jones racing away from the boulder at the start of Raiders of the Lost Ark. I don’t relish seeing people have to sell their family homes or others lose equity (if you gained and lost paper value, you’ll live, trust me), but this is gonna be one nasty “correction.” To take BH as an example: If it is indeed filled with lawyers and bankers (though I contend there are plenty of retired professorial types here as well), how much stock is going to start moving? And how much will prices have to “adjust” to find buyers when no one can get credit? Lots of the “rich people” we’re talking about just got whooped in the market. And those who are truly rich know not to buy real estate right now. I don’t think we’ll see the completion of the crash/correction for another two years, but in some ways, it’s already astonishing. Banks collapse in September, high value BH homes rushed to sale 6 weeks later. Ugly.
The average summer temperature in Merida, Mexico is like 116 degrees. It is a slo-cooker of human flesh. Only the hardy can survive there. It is the hottest place in mexico I believe.
I really like the floorplan…with pantry. Ok, maybe the “service core” could be added to the kitchen, but all the rooms are good size. The poster who mentioned the lack of powder room did make a good point, but it would be easy enough to make the maid’s room bath into the bath used as powder room, since it only involves a slight jog through the kitchen, or take out one of the walk-in closets (but why???) to make a direct corridor entrance. Did anyone notice that the maid’s room size is only a bit smaller than some of the second bedrooms in the new “luxury” condos????
cockroaches? pish posh. merida has tarantulas – giant ones. all over. like in your shower. luckily, I think they’re only around 9 months a year.
also scorpians.
I think the first flying cockroach would send me screaming back to Brooklyn. That’s what happened in New Orleans.
(hit post too fast)
… so you can fill up your Mexican pantry and maids room with paper towels
I’ve been to a Merida and there’s a Costco there (and a lot of retired Republican gringos)
Ooo, I’ve actually been interested in Merida, in the abstract way that someone who doesn’t speak spanish and can’t afford a vacation home can be. The tile and high ceilings in those colonial homes are amaaaazing.