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Stop the Presses: Park Slope Townhouse Sells for a Loss

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With Brooklyn townhouses—especially in hot neighborhoods like Park Slope or Carroll Gardens—being swept off the market for huge sums of money on a weekly basis, the idea of a single-family in the Slope failing even to net its owners a profit seems borderline inconceivable. And yet, here we have 409 8th Street, a 3,162-square-foot 3BR/3.5BA that just closed at $2.83 million, according to public records, after being purchased for $3 million back in 2008. Back then it was riding high off an Interior Design Magazine award that it won for a Slade Architecture renovation commissioned by then-owner Ricky Kenig (founder of beauty supply chain Ricky's). But history has, apparently, not looked favorably on the redesign, which included "a collection of 96 vintage copper Chinese mannequin heads, caged in metal and drilled into a front wall," "a three-story magnetized wall along the stairwell," and "three Kohler Purist Hatbox toilets." This just goes to show that the only crime that a Park Slope townhouse can commit these days is being too modern.
· Award Winning Park Slope Townhouse Re-Listed for a Loss [Curbed]