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Closings Finally Begin at Prospect Heights' The Collection

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After everyone involved with Prospect Heights' Hello Living Dakota sued each other, the building, at 904 Pacific Street, dusted itself off and tried a new marketing team and a new name, The Collection. That?and a round of $100,000 price cuts?seems to have done the trick. Reps tell us closings have begun and the building is "close to 70 percent sold." StreetEasy shows eight active listings, five of them actually priceupped in May.

Two sales have hit public record so far, both at slight discounts from the asking prices. Apartment #401, a 2BR, 2BA, sold for $585,000 after asking $615,000, a 4.9 percent discount. Apartment #201, a 1BR, 1.5BA, sold for $388,500 after asking $399,000, a 2.6 percent discount. Nice to see this building back in the land of the non-lawsuit-embroiled living.
· Listings: 904 Pacific Street [Aptsandlofts.com]
· 904 Pacific Street coverage [Curbed]

The Collection

904 Pacific Street, Brooklyn, NY