Interesting price history ... also about a brand new completed luxury development by top developer - case study

10/13/2006 Listed in StreetEasy by Elliman at $1,280,000 12/25/2006 Price increased to $1,305,000 01/10/2007 Price increased to $1,355,000 03/05/2007 Price increased to $1,400,000 05/16/2007 Price increased to $1,550,000 04/11/2008 Sale closed for $1,230,000 04/24/2008 Elliman listing entered contract 10/29/2008 Listed in StreetEasy by Halstead Property for $1,480,000 10/13/2006 Previously listed in StreetEasy by Elliman for $1,280,000 04/11/2008 Previous sale closed for $1,230,000 10/29/2008 Listed in StreetEasy by Halstead Property at $1,480,000 11/06/2008 Price decreased to $1,450,000