How one developer is selling Brooklyn townhouses for eight figures
Briefly

In Brooklyn Heights, there are almost no renovated townhouses at all, and people still pay these crazy prices knowing that they're going to gut the whole thing and spend [$2-$4 million] more on top, Saavedra said. That has always been the norm, as an accepted, very unfortunate, reality.
The value proposition a renovated townhouse prior to closing comes with the caveat that buyers need to see an eight-figure vision when they sign a deal on an unfinished home.
The listing boasts that the buyer can enjoy the fruits of a custom renovation, without the labor. The labor instead is being done by Eckstrom NYC, a seven-year old development firm run by husband-wife duo Carlos Saavedra and Nicole Eckstrom.
At 170 Clinton, Eckstrom completed the structural renovations of seven bedrooms, a lower level with a gym and sauna, a double height kitchen and dining space, and an extra-wide backyard with an outdoor kitchen.
Read at therealdeal.com
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