Sale at 173 Macdougal #PHE

why? it's the perfect trust fund baby bachelor pad.

looks like there are similarly priced listings in contract but nothing firmed up yet. maybe there's some other appeal here?

Look. The apartment is pretty fantasic. Large rooms, awesome roof, great area. Floorplan is very appealing. The price? Well, I couldn't afford it at this price, nor could I come close to affording it at 50% off. So i'll leave it to people in an economic class that would consider a $5MM+ apartment to comment on the value/sq.ft. What is clear is that the market is clearly stating the unit is not worth the current asking price since it has languished for a year. That's a long time for someone to be carrying an empty apartment.