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georgica - upper east side - relative value

Started by keithw
almost 16 years ago
Posts: 22
Member since: Jul 2008
Discussion about
any thoughts on units here?
Response by keithw
almost 16 years ago
Posts: 22
Member since: Jul 2008

looks like a couple of big units recently closed...

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Response by marco_m
almost 16 years ago
Posts: 2481
Member since: Dec 2008

Its a nice looking building just not gonna sell for a long time.

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Response by keithw
almost 16 years ago
Posts: 22
Member since: Jul 2008

i guess that's why the discount. probably get a bump in prices if/when risk subsides.

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

I like the building but its going to have some trouble. Much further east than the "prime" new buildings on 86th (brompton and lucidia) and even they were having trouble. Plus, it just looks weird given they had to build around some tenement-type buildings.

I think its a risk.

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Response by keithw
almost 16 years ago
Posts: 22
Member since: Jul 2008

on per foot basis, i have trouble finding a better deal than the bigger units on the higher floors here

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