"James Guimaraes was on mile seven of his last training run for the New York City Marathon when he got sucked into a bidding war. The Corcoran broker's clients had an offer in on something, and it was the sellers' agent calling: Was there any way to up the bid? Guimaraes spent the next four miles of his run trading off on calls between his clients and the other agent."
"The thing is, this dash to close the deal wasn't for a pristinely restored Park Slope brownstone, or something on Sidney Place in Brooklyn Heights, but a bring your contractor apartment in Prospect Heights. It's apparently part of a broader trend playing out in the neighborhood: According to data from StreetEasy, 50 percent of sales in Prospect Heights this year through September have gone over asking price, the largest share of any other part of the city."
A Corcoran broker engaged in a bidding war while completing a marathon training run, ultimately securing an over-asking offer for a contractor-condition Prospect Heights apartment. Half of Prospect Heights sales through September sold over asking, the highest share citywide, surpassing Park Slope's five-year run. Neighborhood attributes include Vanderbilt Avenue dining and Open Streets, Prospect Park access, and fast transit commutes under 30 minutes. Prospect Heights remains relatively affordable with a median sale price of $1,197,000 versus Park Slope's $1,610,000. Rising prices in traditional brownstone areas have pushed buyers toward nearby neighborhoods like Carroll Gardens, Gowanus, and Prospect Heights.
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