UWS Classic 6 under $1M

Ah, the Westwind, I was in there once. It didn't look bad although the hallways could use some sprucing up.

Is this causing people heartburn?

"The underlying mortgage is $6,000,000 with a fully amortizing loan at 8.75% over 25 years."

The interest rate is a little high, maybe they could look into refinancing to save some money.

Why isn't this one selling, after numerous price chops?

http://www.streeteasy.com/nyc/sale/375232-coop-175-w-93rd-street-upper-west-side-new-york

I really don't know what is going on, maybe lots of rent stabilized people in the building and somewhat high maintenance? What percentage is tax deductible?

To my eye, #2C had some unique problems. One that really troubled me (as a parent and a survivor of the 70s and 80s) was that the windows on one side of the apartment looked really vulnerable to intruders. The views are pretty unappetizing too. Still, it's movement.

not the worst location, but definitely not good.