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Less than four years after buying the condo, they were able to sell it for a "shocking" $455,000, thanks to the recent boom in housing prices—$25,000 over their asking price.
When the building opened, it received the Brooklyn Chamber of Commerce's 1931 award for the best "business structure" in Brooklyn. [ 94 ] [ 95 ] Robert A. M. Stern , in his 1987 book New York 1930 , said the massing of 101 Willoughby Street resembled that of the Paramount Building in Times Square , designed by Rapp and Rapp .
Condos are typically cheaper than single-family homes, but tend to appreciate in value over time similar to detached properties. Condos can be a smart investment for first-time homebuyers ...
Pacific Park is a mixed-use commercial and residential development project by Forest City Ratner in Brooklyn, New York City. It will consist of 17 high-rise buildings near Brooklyn's Prospect Heights, adjacent to Downtown Brooklyn, Park Slope, and Fort Greene neighborhoods. The project overlaps part of the Atlantic Terminal Urban Renewal Area ...
On the surface, real estate investing seems fairly straightforward. You buy a house, sit back and wait for the market to increase its value. Or you rent it out and wait for the rent checks to roll in.
The Brooklyn Tower is situated at 9 DeKalb Avenue and 340 Flatbush Avenue Extension in the Downtown Brooklyn neighborhood of New York City. [2] [3] [4] The building's site occupies much of the triangular city block bounded by Fleet Street to the northwest, DeKalb Avenue to the south, and Flatbush Avenue Extension to the northeast.
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