Miraval Living...its it safe?
Started by er1to9
almost 16 years ago
Posts: 374
Member since: Mar 2007
Discussion about 515 EAST 72 at 515 East 72nd Street in Lenox Hill
365 units and only 134 units are sold.......been on the market forever and main and taxes are ridiculous......only 36 percent sold...what happens to a building like that when no one buys?......
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great builing though
Last time I checked, they negotiated pretty heavily when I was bringing clients there a year ago. And the high common charges and taxes (especially) are a good case for trying to bring that price down as much as possible.
Just remember though, getting a great price is good, but having high monthlies is always a hard sell... especially since they will keep going up.
The common charges have always been high though because of the amazing amenities they have there. It is basically a spa in your building.
(Matthew Russell - Brown Harris Stevens)
and the views will be gone soon from the new developments going up near them