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Whatever happened to the 12,000 Square Foot "Best Home in the World" in Lincoln Towers?

Started by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008
Discussion about
I believe one of the SE posters who attneded the first open house said that the seller got multiple offers. Yet, the apt. is still listed for sale on SE. If It is the best home in the world, then why has it not sold yet???? http://www.streeteasy.com/nyc/sale/407681-coop-165-west-end-avenue-lincoln-square-new-york
Response by columbiacounty
almost 17 years ago
Posts: 12708
Member since: Jan 2009

must be one of those 2 br uws for less than $1 million that didn't sell.

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Response by RE_PRO
almost 17 years ago
Posts: 161
Member since: May 2009

Anything on this one? Do you think it is over price for this place at 926k?

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

I think it's overpriced beause when they first listed it, they were offering either a free car or $25,000 in cash. But since they are not offering it anymore, they have essentially raised the price by $25,000!

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Response by positivecarry
almost 17 years ago
Posts: 704
Member since: Oct 2008

Someone who must be the owner padlocked a bicycle to the the railing outside the 72nd street subway entrance last week advertising it. I was about to take a photo of it when some guy came buy and dropped flyers into the basket on the bike. "Are you a broker?" he asked me. I said no, giggled a little and walked away. Only after I was on the train did I then think of all the amusing questions I could have asked him. Sorry for slipping up. It won't happen again.

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Response by dwell
almost 17 years ago
Posts: 2341
Member since: Jul 2008

Maybe it's just too fabulous.

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Response by MeMe
almost 17 years ago
Posts: 68
Member since: Sep 2007

They still have a website http://besthomeintheworld.com/ If you believe it they have multiple offers and will be picking the best after May 31st. Its possible they have offers within 25k of asking so they've dropped the incentive. Its also possible they have no offers. We'll have to wait to see.

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Response by OnTheMove
almost 17 years ago
Posts: 227
Member since: Oct 2007

They're reiterating the "multiple offers" spiel on Craigslist: http://newyork.craigslist.org/mnh/reo/1197775673.html

May 31 has come and gone; let's see if they go to contract.

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Response by MeMe
almost 17 years ago
Posts: 68
Member since: Sep 2007

They've updated the website website http://besthomeintheworld.com/ to say they've extended the May 31 deadline to June 7.

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

how cute. Why don't they just put on their website "We Are Big Fat Liars. We do not have multiple offers. Make us an offer. ANY OFFER. For the love of God, offer us SOMETHING!"

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Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

Is it still loft-like?

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

yes, it is. It is loft like with it's 8 foot ceilings.

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Response by MeMe
almost 17 years ago
Posts: 68
Member since: Sep 2007

The Craiglist ad starts
$1771 MAINTENANCE & UTILITIES OR $2,928 PER MONTH INCLUDES MORTGAGE, MAINTENANCE & UTILITIES

So they're figuring you'd pay < 1200 in mortgage. Somebody check my math, but I think at 5% that would be a mortgage of 225k. Assuming you put 25% down that would be a sales price of 300k.
I just don't know why they would throw out these numbers that have no relation to the asking price.

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Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

So then I guess they have a pretty realistic sense of what price it'll close at.

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Response by ChasingWamus
almost 17 years ago
Posts: 309
Member since: Dec 2008

MeME, they break down the $2,928 on their website. Basically, they are assuming you can take the best tax deduction in the world and subtract that from your monthlies.

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Response by MeMe
almost 17 years ago
Posts: 68
Member since: Sep 2007

Thanks for explaining that. I'm tempted to take steve with me to the open house, have him explain that the tax deduction isn't real, and offer 300k.

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Response by columbiacounty
almost 17 years ago
Posts: 12708
Member since: Jan 2009

if you do, bring video gear to add to the end of their promo reel.

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Response by tiffany
almost 17 years ago
Posts: 30
Member since: Apr 2009

I can't figure blondie out? I brought a buyer last week, they loved it and made what I thought was a very reasonable offer right on the spot for $900k. They said that my clients offer wasn't even in the top ten, and that they were working on a contract, but had already lost 3 accepted offers over the last month because the grapevine said that the board would not approve the buyers financing. Blondie said that they would not stop selling until the contract was signed (with all the financial bs now that can take 2-3 weeks). That bimbo is probably right, I just had a client lose a contract at the closing, when the bank pulled the financing, this market sucks...is it happy hour yet?

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Response by projects_suck
almost 17 years ago
Posts: 72
Member since: Jan 2009

too many projects around. if you are thinking about it - do take a walk after 10pm around the area to see if you can cope with that location

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

is that you rufus? Come on, we know it's you...

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Response by kylewest
almost 17 years ago
Posts: 4455
Member since: Aug 2007

Is this still for sale? http://besthomeintheworld.com/ Is it still the "final week?"

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

Every week is the "final week"

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Response by kylewest
over 16 years ago
Posts: 4455
Member since: Aug 2007

Anyone know what happened with this?

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

In contract since 6/23. Contract-to-close at 165 WEA seems to run anywhere from two to four months, judging by the last several sales, so who knows?

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

I belive the Obamas bought it... because alpo told them it was a top tier prime manhattan building.

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