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Family of Five Moves from Brooklyn to Tribeca

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Welcome to It Happened One Weekend, our weekly roundup of The New York Times real estate section...

Every "The Hunt" column begins with the Hunters describing the apartment they want, and ends with them rationalizing whatever they came away with. This is The Hunt: Dreams vs. Reality
The Hunters: a family
Dream: $4,000,000
Reality: $3,795,000
Dream: Tribeca
Reality: Tribeca
Dream: 3BR, move-in-condition
Reality: 3BR, move-in-condition, built-in shelving
This week's Hunters are a couple with (of course) a family of three young kids. After losing their Cobble Hill townhouse in a fire several years ago, they moved into a small rental in Tribeca, with the eventual goal of buying in the neighborhood. They had a budget of $4 million, which—unbelievably—seemed to limit them quite a bit on the Tribeca front. They found a nice, sunny, three-bedroom co-op asking $3.375 million, but were outbid by $10,000. Fear not, though, because fortunately the apartment came back on the market when the buyers decided to move out to the suburbs instead, and our heroes snatched it up for $3.795 million. All is well in the world. [The Hunt/"From Townhouse to TriBeCa, the Hard Way"; photo by Vivienne Gucwa/Curbed Photo Pool]