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On the heels of the news that the developer of One Brooklyn Bridge Park has started renting out a small portion of the 300 or so units that remain vacant comes word of price reductions at 15 apartments in the fancy waterfront complex. The affected units range from a 589-square-foot one-bedroom that started out asking $500,000 last December before dropping to $415,000 in June and then $325,000 last week (35 percent off peak!) to a 2,295-square-foot four-bedroom that started out at $2,750,000 before going to $2,295,000 and now $1,995,000. Are these levels starting to get interesting yet?
Renting 1 BBP: ‘We Would Like Things to be Different’ [Brownstoner]
Rentals, Price Cuts and Loan Extension at 1BBP [Brownstoner] GMAP
Levine Talks One Brooklyn Bridge Park Closings [Brownstoner]


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  1. “Door to door from my apartment to my office in Midtown is 40-45 minutes.”

    That’s how long it takes me (40 minutes exactly, door to door) from North Slope to my office on the WAY Upper West Side.

    I thought people bought in BH for the proximity to Manhattan?

  2. I live a block closer to the subway than 1BBP and can tell you from experience that a ten-minute walk is optimistic.

    It takes me at least 12 minutes, and that’s if I’m really in a hurry. Door to door from my apartment to my office in Midtown is 40-45 minutes.

    The shuttle offered by the building is a nice idea but not all that useful. It runs on a 20-minute loop, so you’re often better just walking than waiting around.

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