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City schedules yet another auction--in Queens

Started by malcolmnc
over 15 years ago
Posts: 237
Member since: Jan 2009
Discussion about
http://malcolmcarter.wordpress.com/2010/11/30/city-to-auction-off-8-co-ops-and-13-houses-in-queens/
Response by 5thGenNYer
over 15 years ago
Posts: 321
Member since: Apr 2009

These arent really cheap- 100k for a studio in Rego and $166k for a 1BR in woodside is not what i'd call a great deal

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Response by notadmin
over 15 years ago
Posts: 3835
Member since: Jul 2008

100% agree, it's not a good deal. they are 100% cash sales of estates without will, this is not a foreclosure or tax lien auction where there's more value.

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Response by malcolmnc
over 15 years ago
Posts: 237
Member since: Jan 2009

The results: http://malcolmcarter.wordpress.com/2010/12/16/queens-auction-garners-4796000-for-city-coffers/

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