clock menu more-arrow no yes

Filed under:

CurbedWire: MAC Attack in No. Williamsburg, Lincoln Center Hotel Opening, Dangerous Rate Spike

WILLIAMSBURG—The sales office at the Manhattan Avenue Condos (codename: MAC) is open for business. The 24 units start at $659k, but the breathless prose is free. A sample from today's press release: "The white hot McCarren Park section in North Williamsburg is about to welcome a new condominium that will offer prospective buyers flawless two bedroom layouts, luxurious private outdoor spaces, striking finishes and sweeping views of McCarren Park and the Manhattan skyline." [CurbedWire Inbox]

UPPER WEST SIDE—Looks like those beds filing into the Empire Hotel across from Lincoln Center weren't for show. A reader reports that the joint is open. [CurbedWire Inbox]

MORTGAGE LAND—Finally, some interest-rate talk to get the juices flowing on a Monday afternoon. A reader writes, "My wife and I closed last Wednesday (finally – after two years) on our new condo. We had locked in our mortgage rate (30 fixed) at 6.5%, about three months ago or so, which we were happy with. I called my mortgage broker today to thank him for all his assistance in the process, and to confirm the closing went off without a hitch. He told me that literally overnight, the SAME EXACT mortgage we had jumped – to 7.75%, and some places were now asking 8%!! Whew – we feel like we just made it under the line?I’m sure your readers would probably have something to say about that spike." [CurbedWire Inbox]