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Category Archives: Lowball
Lowball! Baseball Edition.
From NorthJersey.com: Derek Jeter’s Greenwood Lake ‘castle’ sold for a third of original asking price Former Yankees captain Derek Jeter has sold his home on Greenwood Lake. The $5.1 million sale closed on Wednesday, less than two months after hitting the … Continue reading
Posted in Lowball
16 Comments
Lowball! Alpine Edition
From NJ1015: New Jersey’s most expensive home finally sells — look inside The Stone Mansion in Alpine — New Jersey’s most expensive home for sale — has finally sold years after it was listed. The sale price, which started out … Continue reading
Posted in Housing Bubble, Lowball, New Jersey Real Estate
84 Comments
Remember these guys from Bloomberg?
From Barrons: This Fund Promised Market-Beating Returns. Now It Has Filed for Bankruptcy. Brian Casey, who was appointed NRIA’s independent manager in late April, said in a first-day motion Wednesday that the Chapter 11 petition aimed to buy the Secaucus … Continue reading
Posted in Lowball, Where's the Beef?
108 Comments
How not to do NJ real estate
From the NY Post: Alicia Keys and Swizz Beatz lose more than $6M on NJ mansion sale What a hit! Grammy Award winners Alicia Keys and her producer husband Kasseem “Swizz Beatz” Dean have finally sold their 5-acre New Jersey … Continue reading
Posted in Lowball, New Jersey Real Estate
15 Comments
Lowball! is Back!
From the NY Post: Here’s why a bonkers $39M NJ mansion just sold for a measly $4.6M You thought those friends who snagged a Catskills farmhouse just before all hell broke loose in March 2020 were getting a deal? Well, … Continue reading
Posted in Lowball
46 Comments
Lowball! Creepy Stalker Edition
From the Star Ledger: The Westfield ‘Watcher’ house finally sells — at a $400K loss Five years after purchasing their Westfield home and receiving threatening letters from a mysterious “Watcher,” Derek and Maria Broaddus have finally sold it — but … Continue reading
Posted in Humor, Lowball, New Jersey Real Estate
43 Comments
Publicity stunt worked, but will it sell?
In case you’ve been living in a cave, or basement… From the Star Ledger: Big uproar erupts over house with sex basement, just 30 minutes outside of N.J. We’re not recommending you leave the Garden State, but if you’re looking … Continue reading
Posted in Lowball, Philly
65 Comments
NYC transitions into a cooling market
From CNBC: NYC has moved into a buyer’s market, and is experiencing a housing trend last seen in 2009 New York City’s pricey real estate has become a “buyers market,” new data suggests, characterized by lowball offers and a rise … Continue reading
Posted in Demographics, Economics, Housing Bubble, Lowball, NYC
46 Comments
Lowball! Rivera Edition
From the Star Ledger: Geraldo Rivera sells Edgewater home for half initial list price: $1.8M Fox News personality Geraldo Rivera sold his his longtime Edgewater home for $1.8 million — less than half its original listing price of $3.75 million. … Continue reading
Posted in Lowball, New Jersey Real Estate
48 Comments
Lowball! Billionaire Edition
From the WSJ: Chinese Billionaire Nabs One57 Condo For a Mere $23.5 Million A three-bedroom unit on the 62nd floor of One57, a newly built condominium towering over New York City’s Central Park, has sold for $23.5 million, or 25% … Continue reading
Posted in Lowball, NYC
118 Comments
Did Trump win it?
From the Star Ledger: Atlantic City home owned by Trump holdout sold at auction An Atlantic City-area real estate figure has bought at auction a property that earned its owner near-folk hero status for resisting decades of overtures from developers … Continue reading
Posted in Lowball, Shore Real Estate
78 Comments
Lowball! Trump Edition
From the Star Ledger: ‘You’re acquired’: Atlantic City’s Trump Plaza fetches $20 million in bargain-basement deal Trump Plaza, the Boardwalk centerpiece of Donald Trump’s one-time Atlantic City empire, was sold Thursday to a California company for $20 million in the … Continue reading
Posted in Economics, Lowball, Shore Real Estate
123 Comments
Reserve too high to sell largest horse farm in Jersey
Same story, different property. Seller purchased at the height of the market and current bids don’t even come close to their (in all probability) unrealistic asking price. From the Star Ledger: Perretti Farms property for auction in Burlington County does … Continue reading
Posted in Lowball, New Jersey Real Estate
100 Comments
Hank Paulson hasn’t heard about the real estate crash
From the WSJ: Paulson’s $4.6 Million D.C. Crib Hits the Market Former Treasury Secretary Henry Paulson is asking $4.6 million for his three-bedroom house in Washington, D.C. The former Goldman Sachs CEO, who defends the bailout of Wall Street in … Continue reading
Posted in Lowball, National Real Estate
502 Comments
Lowball: Bruce Edition
From Housing Watch: Springsteen Takes a Loss on House Sale Bruce Springsteen, winner of 20 Grammy Awards, has sold one of his two neighboring homes in Florida’s Palm Beach County for $1 million less than its original list price, reported … Continue reading
Posted in Comp Killer, Lowball, National Real Estate
366 Comments