Elan Park Slope. Any thoughts?

Here's what I'm thinking: (1) Terrible timing in general. (2) Especially terrible timing to try a "luxury" condo. (3) A doorman in a Brooklyn apartment is silly. (4) Some of the layouts for one-bedrooms are OK. Nothing special, but nothing weird. Some of the two-bedrooms are awkward. (5) Location is good and bad. 1st street is good. 4th avenue is bad. (6) Obviously, prices are absurd. Even with... [more]

Here's what I'm thinking: (1) Terrible timing in general. (2) Especially terrible timing to try a "luxury" condo. (3) A doorman in a Brooklyn apartment is silly. (4) Some of the layouts for one-bedrooms are OK. Nothing special, but nothing weird. Some of the two-bedrooms are awkward. (5) Location is good and bad. 1st street is good. 4th avenue is bad. (6) Obviously, prices are absurd. Even with cuts, they are asking OVER $700k for many of the one-bedrooms, and even the "cheaper" one-bedrooms are $650k. Let that settle in for a moment--over $700,000 for a one-bedroom in Brooklyn--one that's maybe a true 750 sf. Overall, I'll be shocked if they can sell 50% of these at anywhere near the prices that they are asking. Streeteasy claims 5 are in contract and 27 are left. Long way to go. Thoughts? Predictions? [less]