Leftover Metrocard Change Infuriates Some
Senate Report: Bush Missed Chance To Catch Bin Laden
2nd Avenue Subway Cooling System Will "Blight" UES
Tiger Woods' Alleged Mistress Lost Fiance On 9/11
NY Anti-Smoking Campaign Budget to be Slashed
Katie Sokoler/Gothamist
Photographer Katie Sokoler went shopping for a sympathy card at a 99 cent store in Williamsburg today but she says all she found were "tons" of "Congratulations on Your New Condo" cards. Does this mean more people are buying condos than dying? We thought condos were dying; according to The Real Deal, 1,841 condos are expected to enter the Williamsburg market by the end of this year.
Real estate insiders fear that's too many for this economy, and David Maundrell, president of Aptsandlofts.com, says, "It used to be enjoyable, exciting to open a new building. Now it's nerve-wracking." Banks have already moved to foreclose on several buildings in Williamsburg this year, including the Factory Lofts at 66 North 1st Street, the Metropolitan at 349 Metropolitan and Warehouse 11 at 214 North 11th Street. Like many other new buildings, these condos are now going rental. Which means the smart money's obviously in renter congratulation cards.
add to stumble upon
add to reddit
tweet this
post to facebook
Surprise surprise
Over development in Williamsburg?
Gee I wonder why? I'm so shocked!!!
As I look out my window i see the neat yellow paper surrounding a soon to be condo
across the street from the bodega of course
and where that other store used to be
Ahh urban gentrification that "harmless" kick in the face
Please build more condos and all the other sh!t that comes with it as to fvck up my neighborhood and make it look alot like a half assed version of the upper east side
There are probably so many of them because nobody bought any.