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Renters to the Rescue

Started by stevejhx
almost 17 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
VALISA AND JAMES TATE were among the first residents to move into One Brooklyn Bridge Park, a condominium project in Brooklyn Heights, in the summer of 2008. A year later, the hallways still feel barren. Only 77 of the building’s 438 apartments have closed. Twenty-six are in contract. In order to keep money coming in during a difficult time for sales, the developer, the RAL Companies, has begun renting out some of the apartments. The first tenants moved in this month. http://www.nytimes.com/2009/07/26/realestate/26cov.html Of course this can't happen in Manhattan.
Response by spluffnstuff
almost 17 years ago
Posts: 2
Member since: Jul 2009

True, in Manhattan it would have happened yesterday when the article first appeared the Saturday version of the Sunday New York Times.

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Response by stevejhx
almost 17 years ago
Posts: 12656
Member since: Feb 2008

If the Saturday version of Sunday's New York Times has Monday's lottery numbers in it, that would make it a great deal, wouldn't it?

That said, why would anyone PAY for the newspaper when it's FREE online?

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Response by spluffnstuff
almost 17 years ago
Posts: 2
Member since: Jul 2009

Why would anyone come to streeteasy to read your excerpt of article that is already free on the New York Times?, online or on paper, from yesterday.

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Response by tenemental
almost 17 years ago
Posts: 1282
Member since: Sep 2007

There are some sad, delusional quotes in that article. Owners talking about appreciation while living in an unsold building turning to rentals.

spluffnstuff, SreetEasy aggregates listing info, and its readers/contributors aggregate related info on the discussion board. Pretty simple concept.

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Response by Jerkstore
almost 17 years ago
Posts: 474
Member since: Feb 2007

"It's a great project," said Robert A. Levine, the president of RAL."

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Response by WV7
almost 17 years ago
Posts: 20
Member since: Jan 2008

I particularly like the developer with the building in Clinton Hill (of all places) calling the current environment "this little storm we are going through." Yes, little, because Clinton Hill will be among the first to rebound...

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