The Wall Street Journal reports on how a broker is planning to set up a fashion exhibit of dresses at 56 Hamilton Terrace this coming Sunday to help draw attention to the townhouse that is up for sale. The pieces that will be shown date back from the 1890's to modern times and a total of 58 dresses will be present for viewing. Maybe this will start a trend for Fashion Week listings in the future? Get more details in the Wall Street Journal:
LINK. Read our past post on 56 Hamiltion Terrace:
LINK. Photos courtesy of Amy Sussman
The Wall Street Journal reports on how a broker is planning to set up a fashion exhibit of dresses at 56 Hamilton Terrace this coming Sunday to help draw attention to the townhouse that is up for sale. The pieces that will be shown date back from the 1890's to modern times and a total of 58 dresses will be present for viewing. Maybe this will start a trend for Fashion Week listings in the future? Get more details in the Wall Street Journal: LINK. Read our past post on 56 Hamiltion Terrace: LINK. Photos courtesy of Amy Sussman
Sad state of the market when real estate resorts to the "gimmick". It reduces the integrity of the matter (the property). Gimmicks are generally introduced when there is resistance to lowering the price.
ReplyDeleteIs it not clear to all the price and cost of the gimmick, in this case the fashion show, is incorporated into the price of the property?
Want traffic & demand? Perhaps you should consider lowering the price. The tax assessed value in '09 was $1,030,000. This year's is $1,140,000.
http://www.city-data.com/ny-properties/assessments/Manhattan/H/Hamilton-Terrace-6.html
And in this market they're trying to sell this for $1.7M? LOL. Do you see why they're resorting to gimmicks?
Hey Renolds93, don't you have anything better to do than dumping all over anyone and anything in Harlem that exhibits the least bit of creativity or initiative? Here are some suggestion:
ReplyDeleteA. Plant flowers in your local community garden;
B. Volunteer at the Harlem Restoration Project;
C. Stand in the middle of the crosswalk at 116th and FDB on Friday nights as a human barrier to rogue motorbikers;
D. Dance around a bonfire in the moonlight chanting, "Rumplestilzkin is my name!"
The list goes on. By the way: tax-assessed value? Are you serious?
Correct me if I am wrong but aren't "current" tax values based on the previous year? Values listed are then from 2009.
ReplyDeleteLook up 215 West 137th on http://www.city-data.com/ny-properties/assessments/Manhattan/W/West-137th-Street-6.html.
Current tax value = $1.21 million.
The house sold for $2 million this year. Will the tax value for 2011 be at $2 million?
Data, you are correct. Ignore Reynolds. He used to post anonymously on here and has grown to be a bit of a caricature under his current moniker. Watch out for his 'my friends' bit, it is quite amusing.
ReplyDeleteOkay, 6 years ago 215 West 137th was bought for $925K. In looking at the renovations, of which Harlem Bespoke said, "has one of the most rich looking renovations (with original details) that we have seen in quite some time and many might even think that the interior is over-renovated for the surrounding area", I am guessing the seller made no profit in the cost of purchase, renovation, and ownership over those years. In fact may have lost money. What's your point?
ReplyDeleteReynolds, I think the point is you made a ridiculous statement about the listing price in relation to tax assessed values. Your last comment about the seller not making a profit is probably spot on, but that has nothing to do with the listing price and is a different matter entirely.
ReplyDeleteReynolds, you obsession with real estate prices is beginning to concern me. Surely you have other hobbies than being a wet blanket.
ReplyDeleteI think the display is a wonderful idea and will bring people who might otherwise might never come to Hamilton Heights.
As usual you all have valid points!
ReplyDeleteWhat a great idea, using an open house to host a themed event, maybe other brokers and artists will take note and we will see more of this.
ReplyDelete