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Looks like the heady days of unit flipping at Dumbo’s J Condo are over. At least one apartment in the tower is being offered for sublet, a 1,200-square-foot 2-bedroom, 2-bath that’s going for $4,195 a month (with an option to buy after a year). How have other resales in the building fared?
J Condo Rental [Nest Seekers]
Development Watch: The Cladding of J Condo [Brownstoner] GMAP


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  1. Not sure wtf “The What” is talking about with 9.5% rates, but he claims to be a broker so god help us if he is steering buyers into brokers giving those rates!

    Posted by: guest at September 21, 2007 9:59 PM

    That’s for B C and D Paper Assholess. 680 and below rates

    The wonderful 720 fico 20% down 7% interest rate is ONLY for small segment of homebuyers.

  2. I agree with the poster (2:08) who suggested that someone spending multi-millions on a home couldn’t care less about the mortgage rates. It’s likely that they don’t even need to finance this.

  3. What the what will never understand is that some of us bought our place years ago and are up 50, 100 even 200+ percent on our apts or buildings. I put 40 percent down and took out a 15 yr loan. I can accept a big drop cause I’m up so much and would look it as an opportunity to buy a second place.

    “You need for those programs 720 fico clean credit report and 20% down. Read the fine print!”

    Good that is how it should be.

  4. Pretty consistent with what I have been seeing lately BKLove –

    Not sure wtf “The What” is talking about with 9.5% rates, but he claims to be a broker so god help us if he is steering buyers into brokers giving those rates!

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