Condo Party Hopping tonight in LIC: Vere, L Haus, Powerhouse, Foundry

Haven’t they sold all those condos yet? Wonder who’s going to buy them now… certainly not Wall Streeters… I guess internationals?

I thinking maybe Manhattanites who need to downgrade.

They are now running the air purifiers 24/7. The smell isnt completely gone – buts its better. I havent felt nautious since 2 days after they started running the purifiers. All I know is whatever is in that soil is some nasty stuff.

I am going to laugh OUT LOUD if I see brokers being pedaled around to different condos in LIC. That is just too much.

New developments are screwed. The financial industry’s collapse is a harbinger. Things are about to get really bad folks. Only people with cash and credit can get credit, devs are paying closing costs and throwing brokers huge commissions right now. Does anyone know that? No. And why? Because brokers and developers keep telling everyone how great the market it is. And they are lying through their teeth. It’ll just take one new development to go under in LIC and that’s that. I bought a small building here, which back when I bought it was about the price of a 1br condo in the hood now… thank god I did because I’m going to be ok. But people who speculated on condos…. forget about it. LIC is still kind of obscure, in the grand scheme of things. Less so than before, certainly, but not as much as the developers are banking on. Even the people renting their condos are going to lose money. DO NOT LISTEN TO BROKERS. Their livelyhood depends on people believing the market is still good. Hold out on buying if you can. Or negotiate to the bone. You will get what you want. If you have cash or established credit.

Forget the taxi-cycle, the opening night spotlights criss-crossing the sky I can see out my window are a riot.

I think number #10 is on to something. #

Powerhouse is at it again: They are not known for being forthright and in the beginning certainly not curious. Old habits die hard. I learned from a neighbor who is in contract to purchase that this week her bank turned down her mortgage application down because Powerhouse had only sold 30 PERCENT, when they have been telling everyone that they met the 50% threshold. I thought it was time for me to take another look at the progress, so I stopped by the new onsite sales office yesterday. It was closed. Sunday morning it was closed too. I found on their website that it is now only open Sun 12-3 and Tuesday 5-7. That seemed odd but I made time and came back at 12:30, only to be told that their Open House is BY APPT ONLY! Ha! And of course I was told with attitude! What was a lavish sales office in the building next store is now onsite in a one bedroom. Before I left I asked what percent sold they are and she said “just under 48%.” The whole thing is just odd…same as it was from the beginning. If they had my deposit I would be heavily medicated at the moment!