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Classic example of why RE stalls in NYC

Started by patient09
about 16 years ago
Posts: 1571
Member since: Nov 2008
Discussion about
So they pay 20 large at the peak of the peak..drop another 11 into it. 31mm total. So they list at 64mm, drop to 54mm. Then say say we need to sell and drop to 39mm. I want some of the pot they are smoking. It's the good shit. Not the cheap shit you get on the corner. Maybe list at 25mm would be a good opening salvo. http://www.observer.com/2009/real-estate/sloane-mansion’s-25-m-price-slide-‘owners-have-real-need-sell

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