While we're on vacation this week, we're spotlighting some properties that have been on the market for a long time...After being purchased for $1,802,000 in June 2007, 243 Kane Street hit the market asking $2,950,000 in July; the price was increased in September to $3,400,000 and again in May 2008 to $4,075,000 before being reduced slightly to $3,995,000 in June. The price stayed there until the end of December when it was trimmed to its current asking price of $3,850,000. It's an extra-wide house in a great Cobble Hill location but the renovation, while not corner-cutting by any means, strikes us as being as much of the problem as the price. It's one of those neither-fish-nor-fowl jobs: The house has lost its historic charm but the look that replaced it is not successful enough in its modernism to make up for it. Do you agree?
243 Kane Street [Brown Harris Stevens] GMAP P*Shark
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