Bubble Wrap

Entry

Plaza pain

As a possible sign the times of high flying flips may be coming to an end, the Post’s Braden Keil reports that a buyer at The Plaza is ready to take a loss.

One Plaza buyer is now ready to take a loss on his investment. Oscar Schafer, the managing partner of OSS Capital Management, has lowered the price of his 17th-floor, three-bedroom condo from its $18 million June price to $14.5 million.

# posted about 13 months ago