New Brooklyn Nets coach Steve Nash must be feeling confident about his four-year contract, or maybe the market to buy houses in reasonable proximity to the Barclays Center is better than the market to rent them.
The New York Post reported 12/15/20, Nets coach Steve Nash dunks $5M into Brooklyn townhouse, identified as Amity Street in Cobble Hill, That's about a mile away from the arena: a brisk walk or a short ride. (Note: Nash, a Hall of Fame point guard, wasn't much of a dunker.)
According to the article, he paid $4.99 million for a house--five-bedroom, 4½-bathroom, 4,200 square feet--that in 2019 was asking $6.49 million.
Brownstoner reported that Nash "scoops up"--a better verb--the townhouse for $4.995 million, a testament to renovation work and a booming market:
It was one of several row houses owned by Long Island College Hospital and used for medical offices that developer Fortis offloaded as part of its controversial development of the LICH medical complex. They bought it from LICH in 2015 for $1.649 million. Two years later they sold it, unrenovated, for $2.7 million.
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