Real Estate Gone Wild
From Curbed:
Building The MYNT introduces modern luxury rental living to the reenergized Clinton Hill/Bedford Stuyvesant area of Brooklyn, offering studios, one-, two-, and three-bedrooms, most with private balconies, and luxurious penthouse residences with exclusive view-filled rooftop terraces. All have been artfully designed by noted interior designer Andres Escobar, and feature deluxe lifestyle amenities, including: part-time concierge, state-of-the-art fitness center, refrigerated storage room for grocery deliveries, on-site parking, communal laundry room, and exclusive terraces (available at an additional charge), plus much more.But the kicker is $1,696 ... for a studio. For fuck's sake. Park Slope is cheaper than that.
Comments
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I've been seeing dozens of ads for this place on Craigslist the last couple of days. It's driving me crazy. The price is ridiculous, and the ads say that it is close to about a dozen trains when it's really only close to the G. I wonder how long it will take before they lower the prices.
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Conveniently left out in the description is that it is directly across the street from Marcy Projects. $1696 for a studio is bad. $1696 when across the street folks are paying $650 or less for the same amount of space is crazy.
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It's amazing how greedy and ill-informed these real estate people can be; especially ones who advertise on craigslist. They lie lie lie and ugly up the neighborhood with their cardboard box buildings, some of which look so cheaply made that I expect a few heavy rain storms could finish them off by reducing them to their original state of being a pile of soggy cardboard.
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homeowner wrote: Conveniently left out in the description is that it is directly across the street from Marcy Projects. $1696 for a studio is bad. $1696 when across the street folks are paying $650 or less for the same amount of space is crazy.
Now see I don't think that would bother the random niche they're going for. They seem to want people who like being able to drive into some bulletproof fortress and never leave and gaze on the "jungle out there" while riding the exercise bikes in the rooftop gym. -
If you consider the fact that a lot of people are paying $2600+ for similar studios in Manhattan, you know exactly the people these agents are targeting. If you've been soaked for $26K a month for 450 sq ft for long enough, $1696 starts to seem mouth-wateringly cheap and you don't ask questions until it's too late. Plus a lot of those Manhattan emigrants are non-NY'ers who don't know anything about Brooklyn and are easily duped. Sucks to be them.
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I saw a Craig's List ad that amused me the other day. West Williamsburg = Kent and Myrtle.
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