So What's The Deal With Dumbo, Brooklyn Anyway...
WHAT A VIEW...from this tiny little undiscovered gem located in a very up-n-coming neighborhood in Brooklyn.
Dumbo, Brooklyn, as a close friend of mine put it, "...reminds me a lot of Soho/Tribeca in NYC, just with no retail stores, and a great waterfront view." While I agree with most aspects of this statement, I think Dumbo has some work to do to make its name live up to the expectations of its investors.
Posted by Tana
Thu Aug 10th, 2006 09:21 PM
How would you rate the Washington Heights/Inwood area on your list of up-n- coming areas? Would you rank it higher or lower than the South Bronx?
Posted by Ed Corliss
Thu Oct 18th, 2007 06:05 PM
Hello,
I'm an Appraiser...
recently appraised a 700 plus sq.ft. Condo above 24thh floor of new building in Dumbo with full Panoramic, SW,W,NW Manhattan Skyline and Waterviews on Jay Street.
Underwriter is in California.
#1 do you have a blurb published or not about Dumbo area upcoming,gentification,possible similarity to Soho/Tribeca or value, appreaciations etc. Imay extent to underwriter as a local area Broker opinion.
#2
Do you have any Similar Sq.Ft. in 85 Adams Street with views as this Condo Project is young and appears as a similar building to Jay Street Subject in photos.
Have some sales listed but can't seem to access info on Cocoran Web. Site
Only need recent Time of Sale with similar sq. ft, and perhaps Maintenance charge if known.
Any help would be greatly appreachiated.
Thank you,
Ed Corliss
Keen Appraisals
1-888-351-1244
edcorliss@optonline.net
Posted by Emmie
Thu Aug 13th, 2009 06:05 AM
Great post...
Cheers!
Posted by FL Homes
Wed Apr 14th, 2010 01:44 AM
Great Post! I find your blog very helpful for real estate and I am sure others do as well. Keep up the good work!
Posted by Mbt
Thu Jun 3rd, 2010 02:28 AM
I think another reason fees are not being paid and free months not offered is that prices have come down. Apartments are moving but part of the reason is that prices came down to a point at which they will move.