Sale at 44 West 77th Street #13E
Started by deanc
almost 13 years ago
Posts: 407
Member since: Jun 2006
Discussion about 44 West 77th Street #13E
Yes, not an easy sell.
Agree. I find 13E to be an ecentric odd ball compared to the rest of the building. Attached is 10E which sold last year at considerably less than half the price of the available listing.
http://streeteasy.com/nyc/sale/649974-coop-44-west-77th-street-upper-west-side-new-york
In "trophyland" where "Monopoly Money" is spent their is often no correlation between price and value. I may be wrong; but the market is beginning to smell like irrational exuberance (a bit to start) to me. Interest rates low; stocks high. Everyone saying "there is no place to put your money." I may be wrong; but this is starting to get me a bit edgy
Only in New York: Complain about $17.5MM apartment bathrooms, then complain about trash on the street: http://streeteasy.com/nyc/talk/discussion/34723-hey-boardwalk-empire-producers
I think more importantly is that it is a dreadfully ugly apartment. I realize nouveau folks and europeans like this stuff, so maybe that will actually help things. I could see some former-soviet zillionaire telling himself he is sophisticated now with his multimillion dollar manhattan trailer park garbage hole. But opulent nonsense is still gross.
The ask price is beyond reality. This reminds me of those white elephants that didn't sell during the bubble. Remember those? The big money from overseas seems to want new and shiny. This will become stale and at that point the price will have to be dropped substantially in order to get a serious buyer, whoever that will be.
Yikes, someone made a mess on the ceilings.
Broker speak: “ONE OF A KIND, unique” = white elephant.
But, it is an awesome bld
yikes?
The "under" is looking pretty good at the moment:
04/22/2013 Price decreased by 11% to $15,500,000.
Delisted about a week ago.
http://streeteasy.com/nyc/sale/725541-coop-44-west-77th-street-upper-west-side-new-york
I suspect this new listing is for the same apartment:
http://streeteasy.com/nyc/sale/921201-coop-44-west-77th-street-upper-west-side-new-york
The amended unit number and square footage almost threw me off.
Same one, different spin. It could be that the seller is in no hurry or enjoys people coming to view. There are occaisional sellers who really get off on that until it's no longer fun having humanity schlep in and out. Another thought is that it would be interesting to see what the other owners in the building feel about this.