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Richard Meier On Prospect Park

Started by GramercyGal
over 17 years ago
Posts: 12
Member since: May 2009
Discussion about
I know this project can be polarizing in regards to like/dislike of the Meier modern aesthetic, but for those that like the building... what do you think of purchasing at this time? Owners have started to close, but they haven't yet reached the 50% (or 70%) sold yet. On the other hand, prices have dropped on some units. Also, if any owners are reading, would be good to hear if getting a mortgage was a challenge, and any other tips to share.
Response by PPark
over 17 years ago
Posts: 12
Member since: Oct 2008

From what I've heard, the building has a relationship with a direct lender who has the 1GAP 'approved', so financing isn't the hurdle one might think despite the fact that sales are below the threshold.

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Response by NYCMatt
over 17 years ago
Posts: 7523
Member since: May 2009

Drop the prices by 60% and I'd be willing to buy there.

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Response by kram854
over 17 years ago
Posts: 6
Member since: May 2008

the condo charges are way too high--apart from the asking prices, which also need to drop.

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