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]
Piers 1 and 6 are financed and in the works. Middle ones not fully financed. That’s my understanding.
i like to call those types the crayon munchers
(dont ask)
*rob*
when the park is finished this place will be great. I was here a couple of weeks ago and the area is a construction zone. developer could not have had worse timing. Is the park fully financed yet?
that’s 2 for 2 as far as super tough talking developers highlighted recently that said we aint cutting prices PERIOD and now quickly have to switch gears.
not sure if these cuts get units sold but it certainly puts the bldg on buyers’ radars. think another big cut is needed if they plan on selling out a ton of units quick.
if one is to buy here, really have to buy one facing the water. facing the bqe, might as well buy something else somewhere else.
“If I were a young professional in Manhattan ”
You mean young creative professional
How long would it take to walk to the train from this building?
Yeah, but at least the studio is facing the water, not the BQE
well there’s a one-bedroom for 390k if you’re interested.
Me Like-y!