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Now, Ft. Greene is really on the map

Today's article on the average Manhattan apartment price of over $1MM includes a quote from Jerry Minsky of Corcoran and also mentions the first ever sale of a house over $2MM in Ft. Greene.

Fort Greene "has been infiltrated at an unprecedented level" by buyers and developers from Manhattan, said Jerry Minsky, a Corcoran broker. Mr. Minsky said that in December he helped to sell 18 apartments, including a $1.2 million penthouse, in the GreeneHouse, a luxury condo in Fort Greene. Prices, which started at $600 per square foot, increased to $845 per square foot by the end of the month. Mr. Minsky said he also sold a three-family brownstone town house for $2.15 million in December. He said he believed that this was the first sale of a private residence in Fort Greene for more than $2 million.

Of course, the GreeneHouse Condos are prominently mentioned! As you can tell from my analysis below, those $845/sq ft numbers are just a bit low! For those interested, I think the $2.15MM townhouse is at the northeast corner of South Portland and Lafayette.


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