Why is everybody selling at this Clinton Hill building?
A search of the Corcoran database shows that there were recently no less than 5 units being sold at this building in Clinton Hill.
This building is on Dekalb, between St. James and Classon. It is right next to the Pratt campus and down the block from the local NYPD precinct.
Apt 1, 2, 3, 4 and 5
I recall reading a few months back somewhere that this building was being sold. That could be a reason. If anyone knows, please drop a comment.
2 Comments:
I visited two of the apartments in this building - a converted shoe factory that went co-op in 1987! I cannot imagine what this neighborhood was like then -- it was very scary as recently as 2000! Several of these units are owned by the same person, who bought them out of forclosure in the 1990's. He's been renting them out to Pratt students, who are being priced out of Clinton Hill and into Bed-Stuy proper, and I guess he decided that now is a good time to cash in.
it went co-op during one bubble, got forclosed during the crash, now selling during the 2nd bubble! pile on everyone!
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