Sales Watch: Slow Going at The Azure
When the Azure Condos at 195 Classon Avenue in Clinton Hill hit the market last spring, the developer gave the FSBO route a whirl for a few weeks before handing the project off the Corcoran. Since June, however, the firm’s marketing mojo has come up a little short, with only one of the seven units…
When the Azure Condos at 195 Classon Avenue in Clinton Hill hit the market last spring, the developer gave the FSBO route a whirl for a few weeks before handing the project off the Corcoran. Since June, however, the firm’s marketing mojo has come up a little short, with only one of the seven units in contract to date. As last year drew to a close, Corco cut prices on three of the units: one went from $649,000 to $599,000; another from $755,000 to $679,000; and a third from $735,000 to $649,000. Do you think $600 a foot is low enough to move these babies? As an aside, that arch over the doorway still bothers us.
195 Classon Listings [Corcoran] GMAP P*Shark DOB
New Development: The Azure at 195 Classon [Brownstoner]
The Azure [Iviz Developers]
Went to look at this a while back, thought the place looked nice enough and was puzzled about the lack of sales and the drastic price cuts. Also about the fact that the move in date has been pushed back so far, the agent quoted it as “around September 2008”. Did some more research, and something supposedly “due for occupancy” by fall 2007 has 8 BUILDING VIOLATIONS so the Department of Building can’t give it a go signal.
Sounds shady to me.
The Azure is in such a weird locale for the time being – all of those blocks north of Myrtle are still so shabby, but are all being developed.
Where is the record store?
I live in the neighborhood. It’s really nice actually. Pratt, cafes, and a great record store etc. But that’s besides the point. I’m an architect. I drive by this thing everyday on my way to work. I hate it. I hate it. I hate it. Of all the stupid floor to ceiling cheap ass curtainwall buildings that are going up now this has got to be the worst. Who wants to live with twelve foot high windows that you can’t clean, can’t cover, and look out to a gas station? I haven’t been inside, but judging by the ridiculous boxes on top of the building, the floorplan must be a disaster as well.
Love the neighborhood though.
Who would buy a place here? The first posting is right it fits downtown LA not brooklyn. A building that so out of character. I hope the building burns. Burn baby burn!
to the potential buyer – look at all in your price range that offers you enough space.
i personally do not like that area, but you may.
Agree with others that the distance to the subway is the killer here.
Also, even the picture makes it look a bit dirty outside of the place, not to mention not fitting in with the buildings nearby either.
To me, the problem is the location: between Myrtle and Park. You’re basically living in the shadow of the BQE.
The top and bottom halves of that building are both ugly, just in different ways. It’s like a really bad exercise in “exquisite corpse” architecture.