It's was a long, cold autumn for Cumberland Greene, the sensitively-designed townhouse-style new development at 237 Cumberland Street in Fort Greene. After hitting the market in the late spring of this year (after a very positive reception on the Fort Greene House Tour), the largest of the four units went into contract fairly quickly. Since then, though, there's been no action. On the other hand, prices haven't budged either; they still range from $1,650,000 to $1,799,000, a tough sell at a time when townhouse prices in the area are edging pretty close to those numbers. Anyone know what's going on? Will this go rental?
237 Cumberland Street [Brooklyn Properties] GMAP
Condos of the Day: Cumberland Greene [Brownstoner]
Fort Greene House Tour Wrap [Brownstoner] P*Shark
Development Watch: 239 Cumberland Street [Brownstoner]
Checking In On Cumberland Greene
Copyright Brown - Brownstoner