CurbedWire: 110 Livingston Gets Graphed, LIC Flips

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DOWNTOWN BROOKLYN—An amateur graph guru, not to be confused with our graph guru, submits the above piece of eye candy and writes: "I got a little bored at work, and started playing with Property Shark (and Excel). Fun site. In looking at the 110 Livingston numbers—I'm figuring its a big and prominent Brooklyn building where the stats would be meaningful—I noticed a pretty significant downward trend in average price-per-square-foot sales. I left out penthouse numbers knowing that one sale there could swing the numbers far in one direction or the other. I also charted average square feet per apartment to see if that had an effect, but the numbers have been pretty stable in the last few months of the decline. The trend is pretty clearly down for the average apartment... going from $825/850 in the summer to $600/650 now. There might be other factors at work, but WOW, is that a big fall." [CurbedWire Inbox]

LONG ISLAND CITY—I'm not completely sure about this but it seems a bunch of units of 44-27 Purves were recently put back in the market with higher than original asking prices. See here. A few units at the Badge Building look to be sold by flippers as well. Flippers out in force in LIC? [CurbedWire Inbox]

Filed under CurbedWire, Real Estate Development, Real Estate For Sale, Real Estate Sold, 110 Livingston, 44-27 Purves Street, Badge Building

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