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One Brooklyn Bridge Park - May 2010

Started by abk_wtb
about 16 years ago
Posts: 3
Member since: Dec 2009
What's the latest thinking on this project? The park seems to be coming along nicely. Allegedly they're at 35% closed, with another 10% in contract or in agreement. How is the developer doing with financing?
Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

there is a long thread on pros/cons/sales here....

http://streeteasy.com/nyc/talk/discussion/2765-one-brooklyn-bridge-park?page=3

It has been claimed that the developer is having major problems, which makes sense given less than half the building has been sold after a few years.

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Response by Truth
about 16 years ago
Posts: 5641
Member since: Dec 2009

Ral got an extension on the financing, a bit over a year ago. He has less than a year to go on it.

It's still not at 50% sold.

Back to you, somewhereelse...

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Response by Truth
about 16 years ago
Posts: 5641
Member since: Dec 2009

somewhereelse: "Is it safe?, Is it safe?"

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

huh?

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Response by abk_wtb
about 16 years ago
Posts: 3
Member since: Dec 2009

Just seems like a lot of bickering :-) Thanks though - I'll read through it. Didn't realize there were multiple pages and I thought the discussion had ended three months ago.

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Response by hopingtobuy
about 16 years ago
Posts: 7
Member since: Mar 2008

somewhereelse... major problems? like what?

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Response by Truth
about 16 years ago
Posts: 5641
Member since: Dec 2009

somewhereelse: Safe to discuss on a new string!

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