Condos boost Brooklyn luxury contracts out of late summer slump
Briefly

Condos boost Brooklyn luxury contracts out of late summer slump
"The top contract last week went to Unit 4F at 1 Grand Army Plaza in Prospect Heights.. The four-bedroom, three-bathroom unit spans 3,200 square feet and came on the market in March, asking $5.75 million, before dropping the price. The seller bought the unit for $2.5 million in 2009, according to public records. The 34-foot-wide great room opens up onto a balcony overlooking Prospect Park. The primary suite features a walk-in closet and en-suite bathroom with a soaking spa tub, marble-tiled shower and radiant heated flooring."
"The 15-story, 99-unit building designed by Richard Meier has a full-service staff, bike storage and parking. It also comes with a shared roof terrace with an outdoor kitchen and grills, billiards room and residents' lounge. The property previously snagged a top contract last year, when Brooks Brothers CEO Ken Ohashi purchased a penthouse unit in the building for $9.45 million."
Brooklyn recorded 19 luxury contracts last week—15 condos and four houses—with a combined asking volume of $55 million. The total rose from 15 contracts and $41 million the previous week and topped last year’s nine contracts worth $27 million for the same period. The top contract went to Unit 4F at 1 Grand Army Plaza, a four-bedroom, three-bathroom, 3,200-square-foot condo that listed at $5.75 million after a March entry and price reductions. The building is a 15-story, 99-unit Richard Meier design with full-service staff, parking, bike storage and shared amenities. The second-largest sale was a combined condo at 360 Furman Street listed at $4.5 million after prior unit additions and price adjustments.
Read at therealdeal.com
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