How the mighty have fallen (new construction)

Almost 30%
http://streeteasy.com/building/236-west-24-street-new_york/ph

Another 30%
http://streeteasy.com/building/15-union-square-west-new_york/6d

I think they are close to fair value now. Will be interesting to see the trade price.

Was also interesting to read some of the news re: concessions on new construction
https://therealdeal.com/2017/03/09/ask-and-ye-shall-receive-developers-step-up-concessions-in-tepid-market/

I wonder how widespread this is, as it contrasts with the (reportedly) strong condo market in 2017 news in other threads here...

If you price right, you can move it fast.

http://streeteasy.com/building/the-paperbox-building

I'm not so sure it's as "fast" as it seems based on looking at "days on market" listed on streeteasy because all those units have actually been on the market for over 6 months. They just "released them" as streeteasy listings drip by drab.

However it is interesting to note the price sensitivity of demand in this building.