Category Archives: Lowball

Lowball! Baseball Edition.

From 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