Price Cuts at 194 Meserole Street

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The eight-unit condo building at 194 Meserole Street in East Williamsburg has only been on the market since early March but it's already undergone one across-the-board price cut of around 10 percent. Frankly, we're surprised the developer is even trying. Who the heck is going to shell out over $500 a foot for something this ugly in far-from-prime Williamsburg (except for the two people who are already in contract, that is?) GMAP

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