450 W 17th Street #2008 - profit??
Started by 300_mercer
about 13 years ago
Posts: 10643
Member since: Feb 2007
Discussion about 450 West 17th Street #2008
uh oh, someone else lacking inododo credibiity?
hfscomm1 yet again.
What if the buyer wanted to continue to live in this apt (no transaction cost related to sale either). Do not forget $500k is tax free in this case.
Oh 300, there you go again. Yet another cherry picked example. How many cherry picked examples are you going to find?
hfscomm1.
contributing.
nothing
again.
Blimey, it's the same building as last time. You know, the one that we established had a new development "IPO" pop. The 2009-2012 sale had a big increase. The 2011-2012 sale had only a 4% increase.
You might as well start posting apts from 15 CPW too, start talking about how hot the UWS market is having doubled from pre-2008 levels.
Then, back up the argument with AIG stock. Followed by Bear Stearns. Etc.
Completely wrong nada. The building was fully functioning in 2009 before the contract. Analogy to iPo does not work.