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How to Make a Profit Flipping Anything; The Bergen 40% Leased

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THE INTERNET—Flipping experts and Upright Citizen's Brigade cohorts Sal Gentile and Matthew Brian Cohen have put this handy video together to show people that flipping to make a profit doesn't mean you have to have millions in these dog days of the New York real estate market. While audacious and deep-pocketed property owners have begun to make flipping out a spectator sport—like that guy who re-listed his One57 condo for a $10 million profit the day after it hit public record—Gentile and Cohen provide insightful tips on how to turn a profit from less-expensive crap. [CurbedWire inbox]

BOERUM HILL—After 10 days on the market, The Bergen at 316 Bergen Street is 40 percent leased. According to a press release from developers the Naftali Group, the 84-apartment building had a 500-person waiting list for its studio- to two-bedroom apartments. Available listings range from $2,169 for a studio to $4,892 for a two-bedroom. Building amenities include a landscaped roof deck furnished with cabanas and an outdoor shower, a fitness center with an outdoor workout space, and a media lounge with wet bar. [CurbedWire inbox; official; previously]