Sale at 90 North 5th Street #2A--26K price INCREASE in Williamsburg!

Strange, but it's certainly an anomaly. Wonder if they've gotten bids and are just being greedy? Have you seen this building yet? I like the location.

It's one of our favorites.

http://www.streeteasy.com/nyc/talk/discussion/12006-9inety-north-5ifth-williamsburg

Layouts are nice but minimal closet space, even in the penthouses.

Odd plans. The second bedrooms in the penthouses are mislabeled. No windows, so they're "home offices" or big closets. Note that the adjacent baths are only lavs.

anyone can ASK for any money - question is whether they sell it.
I have a pen I bought for $5 - it's for sale for $10 just two weeks later. That's 100% appreciation in pens.

eric_cartman, no doubt, ask is just ask, but it is a bit surprising that someone would raise an asking price right now, especially in Williamsburg, unless they think they undervalued the unit in question (I don't think they did).

> How about this to buck the trend?

You actually have to sell it to buck the trend.

Are asking prices as stats the new hypocrisy of the week?

People have been going CRAZY over this bldg on multiple threads, just in the last 24 hours. I've seen the bldg., and it's nothing to write home about...and they don't seem to have sold any units and the projected move-in date is sometime in 2010. Yet, people on this board are saying they are dying to get units there because they are going quickly!

What gives?

Mob mentality

I was at the open house a while back and really liked the apartments. However I thought they were way overpriced. I'm surprised to see them increase prices but dont believe its anything to do with how well they're selling. My guess is they're just playing around and trying to make impressions and drum up interest.
I was at the open house at 229 N8th a while back and was told they were 50% sold and there were only 2 units available in my price range so I needed to move fast. 2 weeks later the building went rental (presumably because they weren't selling) I was told the exact same thing by the agents at 90N5th. (however none of the apparently sold apartments are actually "in contract") I really hope the same thing doesnt happen here but unless they get realistic with prices I don't see them getting enough sold to start closings. I'd definitely buy here if the prices dropped to a reasonable level.