Price Cuts at One Brooklyn Bridge Park
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…
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]
“I just read a streeteasy thread on the bldg which reports common charge increases already. And I thought they were high to begin with!”
An overlooked metric in the market. Rising operating costs. Taxes, energy, etc. Affordability tested.
***Bid half off peak comps***
15-20 min. walk to trains????
You’d live soooooo close to Manhattan but yet it would take you 40 minutes to get to midtown, wtf!
I don’t suppose there will be a trolley set up in the near futureto take you to civilization.
promenade – thanks . i had no idea. i guess i need to explore my neighborhood more. yeah, even though it’s fairly close, it is still not appealing to me.
ledbury – those stats are really interesting, thanks for listing.
I just read a streeteasy thread on the bldg which reports common charge increases already. And I thought they were high to begin with!
Its about an 8-10 minute walk up Joralemon to the 4 Train. 15-20 minutes if you are on crutches.
Capitulation!
***Bid half off peak comps***
> you can get there by just walking… underneath the BQE overpass…
> Perhaps a 15- 20 min. walk to trains…
In other words, keep choppin’ those prices, kids.
the floorplans are dictated by the building. this place has so much interior space so they need to use that for things that can be window-less: bathrooms, “office”, foyers, etc. Funny, the “H” footprint is classic apartment footprint since it always windows on both sides of the unit. This “H” building is about a zillion times bigger than a classic apartment building.
my fear with this place is that some — few — apartments are very desirable: the corner units with floor-to-ceiling windows, the places with outdoor space. most aren’t so good — the “loft” units with the oddly high windows. and many are lousy with BQE views on top of weird design. I’d worry buying in with so many units unsold
Thwack… How DARE YOU question the absolute need for 1.75 to 2.5 bathrooms per resident!!!