The "bubble" is back
Started by sjtmd
over 14 years ago
Posts: 670
Member since: May 2009
Discussion about
$130,000 price increase, no recent renovations. What gives? http://streeteasy.com/nyc/sale/569015-coop-255-west-23rd-street-chelsea-new-york?email=true
Must be some kind of joke! Contract fell through and they feel they want more for a has been piece of property. Pathetic!!!!!!!!!!!!!!!!
must be a short-sale
Maybe wait until we get a closing price before talking about bubbles?
The same apt number two floors below (2HW) is at the same ask price with a different broker. The one on the fourth floor went into contract seven months ago. Who knows? I agree with bjw2103 as the market will determine the proper price, not the seller.
too bad they closed the krispy kreme that used to be next door. woulda really livened the place up.
maybe building rejected other bid based on too low of a price?
270 West 17 - an apartment on the market for less than a week, price increases.
Bubble, bubble, toil and trouble
http://streeteasy.com/nyc/sale/620302-condo-270-west-17th-street-chelsea-new-york
For every anomaly (price increase above bubble last sale), I am getting like 10 e-blasts with "Owner must sell!!!" "Huge price reduction".
Bubble? No. Just some skirmishes over the limited high quality homes on the market.
I did recently see a price increase on a Tribeca loft that is $750,000 dollars above it's last sale in 2007. I believe(?) the unit was renovated after the the 2007 purchase.
Keith Burkhardt
The Burkhardt Group
If the summer real estate market has you down? A great day trip is The Warwick Winery & Distillery. Only 75 minutes from GWB. They have some great live music, music festivals (recently a Dylan bday fest) and a restaurant in a barn with a CIA trained chef, elegant farm to table food.
http://www.wvwinery.com/
expect you-know-who to pipe in on this one
He may have lost his satellite connection out on the high-seas. (: