be-at-scherm-082710.jpgIn another sign of how effective advertising on Brownstoner can be (we’re joking, we’re joking), The Real Deal reports that be@Schermerhorn, the turnaround success story at 189 Schermerhorn Street, has passed the 40%-sold mark. This is pretty remarkable since it was just a month ago that we reported that the 246-unit development was 20% sold. The news brings the total number of units sold or in contract to 102, proof positive of the power of 26 percent price cuts!


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  1. Is anyone currently in contract with 189 schermerhorn? is seller attorney giving you a hard time-Were you able to get mortgage funding contingency? (Down payment returnable if something go wrong ) Doesn’t it take 3 days to revise one word in contract agreement, would like some feedback.