Sale at 135 West 14th Street #4

Stupid is as stupid does

3 of the apartments in contract reentered the market in the past few weeks. I suspect they were held back by the owner for his own use.

I expect it to be close to impossible getting a mortgage from any bank given NONE of the apartments are in contract to this point.

There are other buildings in the area that offer a better alternative.

In addition, as you say, the current pricing makes no sense and probably needs to come down at least 30%.

This building is a HIGH risk.

here this thread might help: replace 50% with 0%

http://www.streeteasy.com/nyc/talk/discussion/10118-when-condos-dont-sell-past-50

you should see the unit in person. then you will know why they might not be able to even give these away.