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240 Riverside Boulevard Penthouse

Started by Stoyvel
over 18 years ago
Posts: 120
Member since: Feb 2007
What do you think of the price? It is a good value?
Response by Columbus
over 18 years ago
Posts: 132
Member since: Apr 2007

$3,078 per square feet and monthly charges of more than $2 per square (most of which is the common charge and is not tax deductible) -- that is just about the most expensive residential real estate on the island of Manhattan. So, it is clearly not a good value; however for some global titan buying in Russian or Saudi petrodollars or European CEO paying with highly valued Euros it may be worth it. The U.S. dollar has fallen in value by 15% in the last 6 weeks thanks to Ben Bernanke.

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Response by Stoyvel
over 18 years ago
Posts: 120
Member since: Feb 2007

Well then I guess I will wait for the price to come down or low-ball. It just came on the market anyway...

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Response by Stoyvel
over 18 years ago
Posts: 120
Member since: Feb 2007

whoops entered too fast, I thought the price was too high too. I think it should be closer to $9 Million, maybe $10M

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