If manhattan condos sell for 700-900 psqft, where does that put williamsburg?

You say tomato... For someone who until today did not acknowledge a difference between the northside, southside, etc. in Williamsburg, you're very picky all of a sudden. That address is above Grand St, which to me qualifies it as northside. Some might call it east Williamsburg, but there's no real definition on what that refers to. Regardless, even if you're not technically zoned for 132, they have a gifted and talented program. There are plenty of kids at 132 who fit that description. Sorry mutombo, it's obvious you just like to argue with me for the hell of it, even when all the facts are against you.

bjw2103,

You hypocrite, I have acknowledged the difference between the NS & SS of W'Burg. As you said "which to me" its not based according to you. Yes 132 has a G & T program your child won't attend as they are not zoned to that school. I believe your kids zone school would be on Driggs & Metro. Your facts won't stand up to a donkey as your full of agenda to benefit yourself. 132 is not far from the NS of W'Burg but its not in the NS of W'Burg. Stay classy.

Read up: http://insideschools.org/index12.php?s=1&a=74
You're just wrong. And you don't know my address, so I don't get your obsession over this.

bjw2103,

Now your assuming your child will be accepted into the G & T program LOL. If you were telling the truth, which I doubt you live close to Bedford Ave north of N7 street. The L, I, E, S keys on your keyboard must need more regular tuneps than the rest. Repeating your lies doesn't mean it's true - you know that right?

mutombo, please answer my emails. Here's a copy:
"bjw2103@gmail.com to mutombonyc@yahoo.com
show details 8/18/09
Still waiting for an answer, buddy.

-bjw2103

bjw2103,

I have not received any emails from your and I won't email you.

a mind is a terrible thing to waste.......

Eh, not if you don't have one to begin with. I should probably only speak for myself though...

It's ok mutombo, I understand that you're terrified.

bjw2103,

Really you do? Nah, I'll take that back you don't.

and i thought i hijacked this thread with pizza talk. why don't you both show off your higher education and choose to leave each other alone?
Who knows what other new developments are coming available soon as we see Warehouse 11 back from the grave.

I am not sure $500/sq ft ask for Warehouse 11 qualifies as back from the grave. One foot in, another $100 sq ft (and, maybe, a more accurate ruler) to go.

Sorry moxie, it gets the best of me sometimes (I am fascinated by stupidity, unfortunately). As for other developments, I'm curious to see what happens with Steelworks Lofts and whatever the failed building on North 1st was called. Steelworks in particular looked exciting, but last I heard, the developers were kicking around the idea of a hostel. I sure hope not. Something will get done there at some point.

What ever happened to that bldg on kent across from nsp with the offset windows

For me, the one I'm most curious about is Urban Green. They were all sold out when suddenly they went offline. But that's just me, I'm a sucker for the mysterious and unexplainable.

sport..since the 500psf is, so far, on second floor, it begs the quetion what they will be seeking for higher floors...(of course, who knows what people will pay)

kiz, 111 Kent - they were working on it pretty consistently up until last summer, then slowed down a bit. Listings were up last spring, but taken down pretty quickly. No idea what's going on, but pricing was higher than anything I've seen in the area. It'll reappear at some point - looks like a decent project, even if, aesthetically, doesn't really do it for me. Protected views are nice, minus the highrise headaches.

freewilly, forgot about Urban Green. Even more mysterious than 111 Kent. I can't imagine too many original contract holders will close (they can probably get their deposit back in full by now). It's a pretty great location. There was no construction for a while, then it took off full-steam, and now, silence. Odd.

bjw, right? And not a peep from any of the original contract holders about the situation, which tells me they probably got together and are involved in some sort of litigation with the developer.

> Now your assuming your child will be accepted into the G & T program LOL

Which got a lot harder as of last year. Rightfully so, I think it will actually help the general population if they don't use it as a segregation technique, but limit it to actual G&T.

Oh, and remember the Metropol - the one on Metropolitan that sits above a cinema? Small, but interesting.

"and i thought i hijacked this thread with pizza talk. why don't you both show off your higher education and choose to leave each other alone? "

well, for some folks its the whole point of them being on the board...

500-700 for NSP ?

freewilly, there was one poster on here in contract there (UrbanGreen I think?). I'd be surprised if they took action against the developers provided they could get their deposits back by now (not sure about this, but most contracts have a clause for this, and it's been quite a while). The cinema has a handful of units - construction was held up, though almost complete. Directly across is another small building on Metropolitan, not sure how many sold. 349 Metropolitan is also pretty interesting. Been sitting vacant for a long time, bankrupt. I'd say anyone taking over would have to go rental (not great layouts, small units) or do a fairly extensive redesign. Should be cheap if that's the case. Less clear with rentals (rents currently quite strong, but lots of units coming online this year).

marco, I think that's a pretty good range for whatever's left in NSP 1. The second tower is much less clear, as it'll take years to sell out, and they're not negotiating nearly as much there yet.

don't forget the Albero, formerly the finger building on N 8th
14 floors, 16 floors, who the hell knows anymore.

JMGJAG, actually they're doing consistent work on the Albero. It'll be 14 floors, probably done sometime later this year. Will have a very unique, large wraparound common outdoor area on the second floor.

"With both NSP towers, the Edge, 184 Kent, 173 Kent, 49 North 8th, not to mention all the existing residents along Kent and Wythe, a waterfront station would certainly benefit a lot of people. How quickly you forgot how massive those towers are. To say it would not have any affect on value is plain wrong. Especially when you yourself admit that it would benefit those developments. So is a benefit worthless? Do you see how you can make no sense?"

A home is a place to live, not an outrageous investment. The train station would benefit those residents as they may have a "shorter" walk to the train station as increasing their property value I will say no, as this economy is depressed R.E. values are going to continue too decline. Do the amount residents and employees, along the water front, justify 24 hour manning of this train station? Do the MTA deem this project good for the overall city or for the immediate neighborhood? What year would you want the train station completed and functional by? Massive, some of these developments are but right now they are not 100% occupied, are they 85% occupied. I feel, you think there's going to be another hyperinflation in R.E. after we recover from The Great Depression II. I have to remember this is our point of view which does not mean either of us are incorrect but we are all entitled to our personal opinions :o).

Finally, a good post by you mutombo. Would be great if you could continue that way - seriously. To address your points, the extra stop on the L is purely hypothetical, and I don't think it's worth the trouble (I'd much rather see them extend the V to Grand/Wythe). That said, if you believe that the extra stop would benefit those residents, it HAS to be worth something - that's simple economics. I think you confuse "increase property values" with "increase in asking/sales prices." There are plenty of factors that determine sales prices, and transportation is just one of those. Better transportation = more value, all other things equal. I don't know anyone else who would dispute that. You're right that the waterfront developments are not 100% occupied. NSP 1 is nearly sold out, 49 North 8th is fully occupied, as are the older apartments on Kent, but there are no closings at the other two big towers. Still, a subway station is there to meet long-term needs, and long-term, those places will be filled.

To set you straight, I have never said, nor do I believe there will be another massive run-up in real estate in this city anytime soon. Do I think prices will eventually rise? Of course! If you think they'll only decline or stay flat, you haven't really studied real estate cycles.

bjw2103,

Why do you have to be so condescending? Yes, the extra stop on the L is purely hypothetical, I thought you knew that? No, I'm not confused by "increase property values and increase in asking/sales prices" which go hand in hand, inorder to increase property value one has to increase their asking price along with other factors. Better transportation does not equal more value, during the bubble, values increased and transportation was not better along with other factors. We as humans can dispute anything e.g. the debate team.

Yes, values will increase in the natural increments they were intended too. You can't set me straight, by your consistent dialogue you have been the shill for R.E. increasing if one adds a chandelier to their home. Because you "studied" R.E. cycles does that mean you understand R.E. cycles or your merely repeating what was authored?

mutombo, I wasn't being condescending. You're been pretty shameless in some of your posts, so I was surprised and happy to see a good post from you.

Obviously I knew the extra stop was a hypothetical - wasn't clear to me that you understood that, sorry. However you are confused about value and its relation to actual sales prices. Asking price has nothing to do with property value - increasing it will not increase value (shocked that anyone would think this); it's merely a price tag chosen by the seller. Better transportation absolutely adds value; like I said, it's not the only thing that adds value, but to deny that it does is just wrong. We can debate it, sure, but find me someone who agrees with you here, because I don't know anyone who would.

"Yes, values will increase in the natural increments they were intended too. You can't set me straight, by your consistent dialogue you have been the shill for R.E. increasing if one adds a chandelier to their home. Because you "studied" R.E. cycles does that mean you understand R.E. cycles or your merely repeating what was authored?"

What "natural increments were they intended to" increase by? That's complete babble. Sorry you think I'm a shill, but couldn't be further from the truth. And yes, I do understand the cycles, whereas I think you just regurgitate random things you've read, which may explain why your posts are often incoherent.

bjw2103,

The truth according to you? You have been called out on so many agendas, inconsistencies and blatant lies.

No I'm not confused by asking and sold for prices. Asking price has to do with property value, if not show me your stated claim. As Barbara Corcorcan said "You can ask for what you want it does not mean your going to get it."

First you re-wrote my quote incorrectly. I suggest you re-read your R.E. books and conduct some historical research on R.E. Included in your research, should be the inflation of R.E. from the last 65 years. It seems your stuck on the biggest R.E. bubble in Americas history.

"You have been called out on so many agendas, inconsistencies and blatant lies."

By whom? You? So what? Your accusations are baloney (and frankly apply to you more than anything). Move on.

"No I'm not confused by asking and sold for prices. Asking price has to do with property value, if not show me your stated claim. As Barbara Corcorcan said "You can ask for what you want it does not mean your going to get it.""

You don't even get what she's saying, apparently. Asking price doesn't really mean squat. Value is determined by the sales price. That's the "stated claim," and it's very basic stuff. Look, it's evident you know very little about real estate, give blatantly wrong information on here, and yet continue to go after my posts even after I explain things to you. You just don't get it and are insulting to boot. Too bad.

bjw2103,

You must have colored yourself an Oxford graduate but your not. You don't get anything because you have convinced yourself to always being correct and your not. Whenever you explain anything its with an agenda unlike with nyc10022.

guys..i don't have a clue what youre talking about...say something understandable, like "toilet whore", and then move on to the substance..your insults are too subtle and too threaded into the substance

jim,

This is between bjw2103 & I.

mutombo, not really. If you wanted it to be between "you and I," you would have just responded to my emails. That ship has sailed, so fair game for anyone, jim included. By the way, "You must have colored yourself an Oxford graduate but your not" is priceless for the unintended humor.