Bubble pricing Sale at 253 West 73rd Street #3A

Do you remember the Shire, Mr. Frodo?

The shire is beautiful this time of year.. Schier, is a shill who is completely missing the bubble popping... if I could nominate one borker who is completely cluesless to pricing, it is he. I seek lembas.. I am hungry

HAHAHAHA! Dining room and living room with NO WINDOWS! Glass brick wall.

Luv-a-lee.

I think Schier served lembas at the last open house.

On pricing, I'm willing to bet that he'd be happy if the owners allowed him to list at $1M.

1662 sqft my ass. steve must have calculated for them

wow, all that and an atrium and about $3k in monthlies!? who will be the lucky new owner?
i looked up atrium because i thought they may have made a mistake:

1. the open main court of a Roman house
2. a central often glass-roofed hall that extends through several storeys in a building, such as a shopping centre or hotel
3. a court in front of an early Christian or medieval church, esp one flanked by colonnades
4. anatomy a cavity or chamber in the body, esp the upper chamber of each half of the heart

[C17: from Latin; related to āter black, perhaps originally referring to the part of the house that was blackened by smoke from the hearth]

hmmm, i dont think definitions 1-4 didnt really work, maybe the latin origin? possibly the crack that the broker or owner was smoking when they came up with the apartment description led to a fire (which is not funny, fires are not funny), and calling the blackened area of the apartment “atrium” seemed that much more legit?

If anyone knows how they called this “atrium” or the source of the drugs that they were on when they came up with the description, let me know

I wonder about buildings and brokers like this. There are a couple of brokers who dominate in specific buildings. Typically they live there and up until 2007/8 had been able to get buyers to pay up, and up, and up, rather consistently. Sellers and owners were, of course, quite pleased. And I'm sure the boards were quite self-content believing they had run their building in such a fantastic fashion as to garner consistently higher prices.

But now that the worm has turned. Sellers won't face reality. Boards may be reluctant to approve sales (or just won't sellers list at the prices that will clear the market), and the broker who turned everyone's apartment into gold is now the village idiot. From my seat in front of the screen I can't tell if the broker can't price, or the forces they built up are now conspiring against them. Or both. It is an un-healthy ecosystem and when I see it in a building, I'm far less likely to give an apartment for sale in that building much consideration.

I realize that The Level Club is a condo, but I think some of the same dynamics apply, minus the board.

Poor JuiceMan - can't get over the fact that he's going to have to move his apartment over to the far west side to double his equity to $38,000.