When the PriceChopper can't get the job done, developers often bring in a less popular distant cousin, the auctioneer. That's what will be happening at Brooklyn's formerly tallest building, One Hanson Place. The last six apartments, the Journal reports, will be on the block May 15. Luckily, the building contains its very own auction venue, the banking hall that now hosts weddings and the Brooklyn Flea. Will buyers be awed by the gorgeous surroundings into paying anything close to the previous asking prices for the units, all penthouses, which ranged from $3.75 million to $5.875 million? They might have to, because according to the auction site, only two will be sold without reserve prices. Going once, going twice...
The penthouses in question range from 2,100 to 3,300 square feet, and some have another 2,000 to 3,000 square feet of terrace space as well (check out the on-the-block units in the gallery above). As for the auction itself, since Magic Johnson's Canyon-Johnson Urban Funds was involved in the building's redevelopment, a celebrity auctioneer seems like an easy way to heat up the bidding.
· Official site: One Hanson Place auction [PRUSA]
· Brooklyn Penthouse Units Slated for Auction [WSJ]
· One Hanson Place coverage [Curbed]