Brooklyn Heights - first to rise, first to fall
While prices are still hovering around $700/sf in Park Slope, we're seeing big drops in Brooklyn Heights co-ops. Some are notoriously tricky buildings, like 150 Joralemon - perfectly located, but saddled with high maintenance. One of my favorite buildings, 96 Schermerhorn, has a number of listings under $500/sf. While it also features high-ish maintenance, it has a full-time doorman, a marble and wood-paneled lobby, new elevators, etc.. You'll pay more for a nicely renovated apartment (full disclosure: we have a gorgeous one bedroom listed), but you can snap up a 1980's time capsule for $448/sf.
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I found over 15 listings in Brooklyn Heights that have reduced their price within the last 30 days and 27 listings that have lowered their price within the last 60 days. There are 201 active listings currently on the market in Brooklyn Heights.
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