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Curbed NY

By Curbed NY | Other/Just Looking in New York, NY

CurbedWire: PriceChops at 129 Met, RentChops at Rockrose?

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WILLIAMSBURG—

129 Metropolitan is a smallish new Williamsburg condo project with 12 two-bedroom apartments. One of those units is currently listed on The Developers Group website as "contract out." Kind of stinks to be that guy, because a Curbed tipster forwards an e-mail from TDG laying out some fresh choppage on the building's 11 other units. Breakdown after the jump. Don't be shy about offering 20 percent below the new prices. [CurbedWire Inbox]

WEST VILLAGE & BEYOND—

Are there people out there obsessed with cracking the code of luxury rental landlord Rockrose? It appears so. Our type of people! A tipster writes: "Rockrose seems to have a 'one month free rent' offer on all their apartments as per their website. No wonder given that there are 18 apartments without a tenant in their Archive building (666 Greeenwich Street) in the West Village alone. I don't have hard data but this is the highest level in years. I have also heard that tenants extending their lease have achieved discounts from existing rent levels from Rockrose. One friend achieved a discount of 15% on their renewal (relative to the old rent). Given the continued deterioration of the market since (this was a while ago), tenants renewing their lease should feel comfortable pushing Rockrose for better deals than that (taking a 15% reduction as a minimum)." [CurbedWire Inbox]

Here are the unit breakdowns and price changes at 129 Metropolitan Avenue:

1B- 2 Bedrooms, 2 Bathrooms. 1108 sq ft, 36 outdoor sq ft: Original asking price 599,000. New price 579,000

2A- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 605,000. New Price 542,000

2B- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 605,000. New Price 539,000

3A- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 615,000. New Price 552,000

3B- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 615,000. New Price 549,000

4A- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 625,000. New Price 562,000

4B- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 625,000. New Price 559,000

5A- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 635,000. New Price 572,000

5B- 2 Bedrooms, 2 Bathrooms, 833 sq ft, 30 outdoor sq ft: Original asking price 635,000. New Price 569,000

6A- 3 Bedrooms, 2 Bathrooms, 1105 sq ft, 202 outdoor sq ft: Original asking price 875,000. New Price 825,000

6B- 3 Bedrooms, 2 Bathrooms, 1105 sq ft, 202 outdoor sq ft: Original asking price 875,000. New Price 829,000

Copyright © 2009 Curbed

—Joey

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